Ever wanted to visualize the time of entry and exit for a position?
TimeColor makes it easy to show your fellow traders exactly where you bought and sold (or annotate your own trades for later review). Never again will you have to draw crappy arrows on a chart in MS Paint!
TimeColor plots vertical lines for entry and exit along with recording the entry and exit price as a horizontal line for each. By colorizing the price bars according to profit or loss on the user-input position, visualizing the pain (and gain!) of any trade is easy — it immediately records summary statistics such asProfit / Loss, Entry, Exit, Risk/Reward, Max Favorable Excursion (MFE), andMax Adverse Excursion (MAE).