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The '''Price Scale''' is located on the left and/or the right side of the chart and consists of a vertical line with marks indicating values and identified by '''Labels'''. | |||
The Range of the Price Scale and the chart | The values on the scale are specific to the symbol or indicator plotted on the chart. | ||
The scale represents the value range within which the chart is plotted. To determine the value of a point on a chart the vertical position of the point is referenced to a value on the Price Scale. | |||
The Range of the Price Scale and the chart top and bottom [[Margins|Margins]] can be set. | |||
The [[Scale_Labels|Labels]], identifying scale's marks, can be customized. | |||
Five Price Scale range modes (scaling modes) are available: | Five Price Scale range modes (scaling modes) are available: | ||
* [[Scale_Range#Screen Scale Range|Screen]] | |||
* [[Scale_Range#Entire Series Scale Range|Entire Series]] | |||
* [[Scale_Range#User Defined Scale Range|User Defined]] | |||
* [[Scale_Range#Movement Size Scale Range|Movement Size]] | |||
* [[Scale_Range#Price Range Scale Range|Price Range]] | |||
Two Scaling Types are available (except for the '''Movement Size''' scaling mode): | Two Scaling Types are available (except for the '''Movement Size''' scaling mode): | ||
* [[Scale_Type#Linear Scaling|Linear]] | |||
* [[Scale_Type#Semi-Log Scaling|Semi-Log]] | |||
Each scale range setting and scaling type offers its own advantages. | Each scale range setting and scaling type offers its own advantages. | ||
<br> | <br> | ||
== Expanding Scale to Indicator == | == Expanding Scale to Indicator == | ||
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To automatically expand the range of the price scale so that it will capture all parts of the indicator: | To automatically expand the range of the price scale so that it will capture all parts of the indicator: | ||
# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the '''General''' section, select '''Expand Scale to Indicators'''. | # In the '''General''' section, select '''Expand Scale to Indicators'''. | ||
<div style="background-color: #E3FBE5;">Note: This feature only works if the indicator's scaling range is set to '''Same as Symbol'''.</div> | <br><div style="background-color: #E3FBE5;">'''Note:''' This feature only works if the indicator's scaling range is set to '''Same as Symbol'''.</div> | ||
== Overlaying Data Series == | == Overlaying Data Series == | ||
When two or more data series exist in the same subchart, it is possible to overlay the data series: | When two or more data series exist in the same subchart, it is possible to overlay the data series: | ||
# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the '''General''' section, select '''Overlay Data Series'''. | # In the '''General''' section, select '''Overlay Data Series'''. | ||
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# Select the data series in the window. | # Select the data series in the window. | ||
<div style="background-color: #E5F6FF;">Tip: Two different '''Price Scales''' can be displayed at the same time by setting the left and right price scales.</div | <br><div style="background-color: #E5F6FF;">'''Tip:''' Two different '''Price Scales''' can be displayed at the same time by setting the left and right price scales.</div> | ||
[[Category:Chart Scaling]] | [[Category:Chart Scaling]] |