Keeping Charts Clean

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Since a trader's charting platform is his or her portal to the markets, it is important that the charts enhance, not hinder, a trader's market analysis. Easy-to-read charts and workspaces (the entire screen, including charts, news feeds, order entry windows, etc.) can improve a trader's situational awareness, allowing the trader to rapidly decipher and respond to market activity. Most trading platforms allow for a great degree of customization regarding chart color and design, from the background color and the style and color of a moving average to the size, color and font of the words that appear on the chart. Setting up clean and visually appealing charts and workspaces helps traders use indicators effectively.