Tag: how to use colors as indicators in trading charts?

How to color code charts and simplify chart reading using amibroker AFL?

Colour charts will simplify out work during intraday trading. We can color the candles in such a way that is we see a specific color in the chart, it indicates, we are getting closer to our entries and we need to be alert.
This will greatly reduce our work and also make the charts colourful. This will definitely come in handy in reducing the screentime if you are an active trader and trading everyday for 6-8 hours. Having multiple screens will simplify this even further.
You can play around the RSI setting and colors, you can also make similar colourful charts for any of the indicators you use as well.