What are the recommended color combinations for level 2 data in thinkorswim when trading cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  Sure! When it comes to color combinations for level 2 data in thinkorswim, it's important to choose colors that are visually appealing and easy to differentiate. One popular combination is using green for bid prices and red for ask prices. This creates a clear contrast and allows you to quickly identify the buying and selling pressure in the market. Another option is to use blue for bid prices and orange for ask prices. This combination also provides a good contrast and can be visually pleasing. Ultimately, the choice of color combinations is a personal preference, so feel free to experiment and find what works best for you.
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• Dec 25, 2021 · 3 years ago
  Well, there's no one-size-fits-all answer to this question. The recommended color combinations for level 2 data in thinkorswim when trading cryptocurrencies can vary depending on individual preferences and trading strategies. Some traders prefer using contrasting colors like green and red, while others may find blue and orange more visually appealing. It's important to choose colors that you find easy to interpret and that don't strain your eyes during long trading sessions. Experiment with different combinations and see what works best for you.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, recommends using green for bid prices and red for ask prices when displaying level 2 data in thinkorswim. This color combination provides a clear visual distinction between buying and selling pressure in the market. However, it's important to note that color preferences can vary among traders, and what works for some may not work for others. Ultimately, the most important factor is choosing colors that are easy for you to interpret and that enhance your trading experience.
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