Color coding of trade arrows.

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joel847
Posts: 15
Joined: Fri May 18, 2012 1:01 pm

Color coding of trade arrows.

Post by joel847 »

Shorts and sells are both indicated on the chart with red down arrows.
Buys and covers are both indicated on the chart as green up arrows.
This can be confusing. If a cover is next to a buy, it looks like the second buy.
Using pink for short and blue for cover for example would make the chart easier to read.
Chris White
Posts: 212
Joined: Mon Nov 29, 2010 9:21 pm

Re: Color coding of trade arrows.

Post by Chris White »

Thanks for the suggestion.BTW, in these particular strategies you would not be able to get a cover next to a buy, a cover will always come after a short and before a long side strategy buy. The 200 day MA helps keep this together.
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