ZoharCho

Single Color Candles VS. Multi Color Candles - Psychology

BITSTAMP:BTCUSD   Bitcoin
Just wanted to pay your attention to a phenomenon called: Visual Perception in Psychology.

Your brain is always looking for patterns, it craves patterns!

So why use camouflage on your charts?

When you are using multi-color candles/bars, you are decreasing your ability to detect patterns, it is just science.

Your brain looking for patterns, one of the qualities of a pattern is similar colors.
Similar colors, signal to your brain "same object", different colors signal to your brain "different object".
That is why animals use camouflage to hide from predators, and also, why it is used in the military to "blur" tanks and soldiers.

Which one of the texts on the left chart is easier for you to read?
The one with the same color? or the one with the alternating colors? Imagine you need to read a book, that each letter is in a different color!

When you look at the drawn channel, your brain instantly sees a channel.
But when you are looking at the Blue-Red drawing channel, you first see the Blue parallel line, and then the Red lines, and then your brain make effort to combine them to create the object "channel".

It is a fact worth remembering for the next time you want your brain to instantly see: head and shoulders, channels, trendlines, triangles...

What is your experience? which is better?


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