How to optimise the use of colours?
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Colours portray the right meaning (red is bad, green is good, etc.)
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Don’t use too many colours. Beyond around 7 to 8 hues, it’s hard to tell them apart
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The colours are different enough in hue/saturation/brightness so that you can tell them apart even when they’re shown close to each other
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Have enough contrast not only between your chart colours, but also between chart colours and the background colour of the canvas/the dashboard
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The sum of your dashboard items look like one harmonious dashboard
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Test your design with users!

