MC expands the data range scale to show ALL indicator values.
TS does not expand the data range scale and keeps the data range scale to screen.
Is this a MC bug or is there a way to make MC behave like TS.
I perfer the TS implementation better.
MC vs TS Indicator Scaling
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MC vs TS Indicator Scaling
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- TJ
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sometimes you just don't care about a distance indicator value.
e.g. I have 3 moving average lines on my chart: 20, 50 and 200.
I like to have the 200MA on my chart... when the market is very trendy and move in a straight direction, the 200MA gets left behind.
(big gap between price and 200ma.)
The 200MA will come back into focus when the market slows down...
(small gap between price and 200ma)
On some other software, you have a choice to scale everything to the price chart... ie when the 200MA is in a distance, it will be left off the chart.
If you choose to have the indicator on the chart, the price bar will look very small.
(This is a case of user choice. There is no right or wrong.)
e.g. I have 3 moving average lines on my chart: 20, 50 and 200.
I like to have the 200MA on my chart... when the market is very trendy and move in a straight direction, the 200MA gets left behind.
(big gap between price and 200ma.)
The 200MA will come back into focus when the market slows down...
(small gap between price and 200ma)
On some other software, you have a choice to scale everything to the price chart... ie when the 200MA is in a distance, it will be left off the chart.
If you choose to have the indicator on the chart, the price bar will look very small.
(This is a case of user choice. There is no right or wrong.)
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Yes TJ that is exactly my point, thanks for explaining it so well.
I trade a 1 minute chart of the Euro Globex (6E) it had a daily range Friday of 339 points (1.5307 - 1.4968). At the end of the day the price bars were compressed so much the chart was not very easy to read.
After a point during the trading day I did not care where the high of the day was since it was consistently making new lows all day long.
My work around is to constantly rescale the chart all day long.
I trade a 1 minute chart of the Euro Globex (6E) it had a daily range Friday of 339 points (1.5307 - 1.4968). At the end of the day the price bars were compressed so much the chart was not very easy to read.
After a point during the trading day I did not care where the high of the day was since it was consistently making new lows all day long.
My work around is to constantly rescale the chart all day long.
Don't hold your breath for this to be implemented. This was another feature promised two years ago to be "implemented in one of the future versions" and then ignored. See this thread...
http://forum.tssupport.com/viewtopic.php?t=1664
http://forum.tssupport.com/viewtopic.php?t=1664
- TJ
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I have also asked about it:
http://forum.tssupport.com/viewtopic.php?t=4468
I remember in the past couple of years, a number of people have asked about it too.
http://forum.tssupport.com/viewtopic.php?t=4468
I remember in the past couple of years, a number of people have asked about it too.