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== Setting | == Setting Scaling Range == | ||
Five types of the Indicator Scaling Range can be selected: '''Screen''', '''Entire Series''', '''User Defined''', '''Movements Size''' or '''Same as Instrument'''. | |||
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=== Screen | === Screen Scaling Range === | ||
The range of the Screen scale is equal to the range of the plot segment that is actually visible in the Chart Window. Scrolling the chart along the time axis, so that another plot segment, with a different range, becomes visible, will cause the range of the Screen scale to be adjusted accordingly. | The range of the Screen scale is equal to the range of the plot segment that is actually visible in the Chart Window. Scrolling the chart along the time axis, so that another plot segment, with a different range, becomes visible, will cause the range of the Screen scale to be adjusted accordingly. | ||
Scaling range can be set from the '''Format Indicator''' window: | |||
# Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | # Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the ''' | # In the '''Scaling Range''' section, choose the '''Screen''' option from the list. | ||
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings as the default for the selected indicator, check '''Use as Default''' check box.</div> | <div style="background-color: #E5F6FF;">Tip: To use these scaling settings as the default for the selected indicator, check '''Use as Default''' check box.</div> | ||
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=== Entire Series | === Entire Series Scaling Range === | ||
The range of the Entire Series scale is equal to the range of the indicator’s entire plot, including any part of the plot that extends beyond the segment actually visible in the Chart Window. Scrolling the chart along the time axis will not cause the range of the Entire Series scale to be adjusted. | The range of the Entire Series scale is equal to the range of the indicator’s entire plot, including any part of the plot that extends beyond the segment actually visible in the Chart Window. Scrolling the chart along the time axis will not cause the range of the Entire Series scale to be adjusted. | ||
Scaling range can be set from the '''Format Indicator''' window: | |||
# Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | # Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the ''' | # In the '''Scaling Range''' section, choose the '''Entire Series''' option from the list. | ||
<div style="background-color: #E3FBE5;">Note: Entire Series | <div style="background-color: #E3FBE5;">Note: Entire Series scaling range can not be used as a default.</div> | ||
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=== User Defined | === User Defined Scaling Range === | ||
The range of the User Defined scale is set by the user. A part of the plot that falls outside of the defined range will not be displayed in the Chart Window. | The range of the User Defined scale is set by the user. A part of the plot that falls outside of the defined range will not be displayed in the Chart Window. | ||
Scaling range can be set from the '''Format Indicator''' window: | |||
# Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | # Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the ''' | # In the '''Scaling Range''' section, choose the '''User Defined''' option from the list. | ||
# In the '''Maximum''' text box enter the maximum value for the range. | # In the '''Maximum''' text box enter the maximum value for the range. | ||
# In the '''Minimum''' text box enter the minimum value for the range. | # In the '''Minimum''' text box enter the minimum value for the range. | ||
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Scale increments will be determined automatically. The maximum and minimum values may be rounded off. | Scale increments will be determined automatically. The maximum and minimum values may be rounded off. | ||
<div style="background-color: #E3FBE5;">Note: User Defined | <div style="background-color: #E3FBE5;">Note: User Defined scaling range can not be used as a default.</div> | ||
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=== | === Movement Size Scale Range === | ||
The range of the price scale is defined manually. The scale will be based on the number of | |||
points within a unit of length. For example, the user can specify that each inch of the price | |||
scale represents 10 points. | |||
Scale range can be set from the '''Format Indicator''' window: | |||
# Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | # Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the ''' | # In the '''Scaling Range''' section, choose the '''Movement Size''' option from the list. | ||
# Enter a unit length. | |||
# Select either inches or centimeters in the drop-down box. | |||
# Enter the number of points that the unit of length in Step 4 will represent. | |||
<br><div style="background-color: #E3FBE5;">Note: To use these scaling settings for all new charts, check '''Use as Default''' check box.</div> | |||
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=== Same as Instrument=== | |||
The range of the Same as Instrument scale is equal to the range of the base symbol's data series price scale: | |||
# Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | |||
# Select the '''Scaling''' tab. | |||
# In the '''Scaling Range''' section, choose the '''Same as Instrument''' option from the list. | |||
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings as the default for the selected indicator, check '''Use as Default''' check box.</div> | <div style="background-color: #E5F6FF;">Tip: To use these scaling settings as the default for the selected indicator, check '''Use as Default''' check box.</div> | ||
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Two types of Scaling can be selected: '''Linear''' or '''Semi-Log'''. | Two types of Scaling can be selected: '''Linear''' or '''Semi-Log'''. | ||
<div style="background-color: # | A Linear scale is the conventional, absolute scale. A $10 change in price will always be represented by the same displacement along the vertical axis, regardless of the base price from which the change took place. | ||
A Semi-Log (percent-of-change) price scale is a percentage-based scale. A 10% change in price will always be represented by the same displacement along the vertical axis, regardless of the absolute price change. A $5 price change from a $50 base price (10%) will be represented by the exact same vertical displacement as a $10 price change from a $100 base price (10%), even though the absolute values of $5 and $10 are not equal. | |||
<div style="background-color: #F8F6CD;">Important: Margins should not be used with a Semi-Log price scale.</div> | |||
Scaling Type is set from the '''Format Indicator''' window: | Scaling Type is set from the '''Format Indicator''' window: | ||
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== General Settings == | |||
* '''No. of digits after decimal''' | |||
You can define the number of decimals to display for the indicator marker on the price scale. | |||
* '''Overlay indicators''' | |||
This option allows you to plot several indicators under a single scale. You can place the indicators in the same subchart and enable Overlay Indicators checkboxes in the indicators settings so that they use the same price scale. | |||
== Scale Labels == | == Scale Labels == | ||
Scale Labels are the numbers that appear next to the marks on the scale that indicate what value the marks represent. | Scale Labels are the numbers that appear next to the marks on the scale that indicate what value the marks represent. | ||
If a chart contains multiple objects, the object, for which the label values are displayed, can be selected. The object is selected separately for the right and for the left scales, making it possible to display different label values on the right than on the left scale of the chart. | |||
The numbers displayed on the labels can be abbreviated, and either the increment (step size) between the labels or the total number of labels can be set. | |||
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== Setting Label Step == | == Setting Label Step == | ||
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<div style="background-color: #E3FBE5;">Note: The set number of labels will only be displayed if there is enough room on the scale.</div> | <div style="background-color: #E3FBE5;">Note: The set number of labels will only be displayed if there is enough room on the scale.</div> | ||
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings as the default for the selected indicator, check '''Use as Default''' check box.</div> | <div style="background-color: #E5F6FF;">Tip: To use these scaling settings as the default for the selected indicator, check '''Use as Default''' check box.</div> | ||
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== Configuring Fractional Price Scale Format for Studies == | == Configuring Fractional Price Scale Format for Studies == | ||
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# Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | # Open the '''Format Indicator''' window.<br><span>{{FormatIndicator}}</span> | ||
# Select the '''Scaling''' tab. | # Select the '''Scaling''' tab. | ||
# In the '''Scaling Range''' section, select '''Same as | # In the '''Scaling Range''' section, select '''Same as Instrument'''. | ||
# Click '''OK'''. | # Click '''OK'''. | ||
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[[Category:Studies]] | [[Category:Studies]] |