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Price Scale

From MultiCharts

The Price Scale is located on the left or/and on the right side of the chart and consists of a vertical Line with marks, indicating values, and identified by Labels. 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.

Price Scale Line and Label styles can be set, or Price Scale and Labels can be hidden completely.

Price Scale Position

Price scale position can be set from the Format Window window:

  1. Open the Format Window window.
    To open the Format Window window, click the Format Window icon on the Chart Analysis toolbar.

    The Format Window window can also be opened by one of the following methods:
      - Double-click on an empty area of the chart, or on the chart's Status Line.
      - Right-click on an empty area of the chart and then click Format Window.
      - Select Format in the main menu and click Window.
  2. Select the Y - Price Scale tab.
  3. In the Settings section, check Left or/and Right check boxes to display the scale on the left or/and on the right side of the chart, respectively; uncheck both boxes to hide the Price Scale and Labels.
To use these appearance settings for all new charts, check Use as Default check box.

Price scale position can also be set by right-clicking on the price scale and then checking Left Price Scale or/and Right Price Scale, to display the scale on the left or/and on the right side of the chart, respectively; uncheck both options to hide the Price Scale and Labels.

Price Scale Style

Price scale style is set from the Format Window window:

  1. Open the Format Window window.
    To open the Format Window window, click the Format Window icon on the Chart Analysis toolbar.

    The Format Window window can also be opened by one of the following methods:
      - Double-click on an empty area of the chart, or on the chart's Status Line.
      - Right-click on an empty area of the chart and then click Format Window.
      - Select Format in the main menu and click Window.
  2. Select the Y - Price Scale tab.
  3. In the Style section, select scale line color in the Line Color drop-down palette box.
  4. Select scale line style in the Line Style drop-down list box.
To use these appearance settings for all new charts, check Use as Default check box.

Price Scale Labels

Price Scale Labels are set from the Format Window window:

  1. Open the Format Window window.
    To open the Format Window window, click the Format Window icon on the Chart Analysis toolbar.

    The Format Window window can also be opened by one of the following methods:
      - Double-click on an empty area of the chart, or on the chart's Status Line.
      - Right-click on an empty area of the chart and then click Format Window.
      - Select Format in the main menu and click Window.
  2. Select the Y - Price Scale tab.
  3. In the Settings section, the Label Width is set for the Right or/and the Left scales individually:
    • to determine label width automatically, click the Automatic radio button.
    • to determine label width manually, click the Manual radio button and enter the desired width, in characters, into the Characters textbox.
  4. In the Style section, select label color in the Label Color drop-down palette box.
  5. In the Font section, select label font in the Font drop-down list box.
  6. In the Size section, select label font size in the Size drop-down list box.
  7. In the Font Style section, check Bold, Italic, and/or Underline check boxes to select bold, italic, and/or underline label font style.
To use these appearance settings for all new charts, check Use as Default check box.

Marker Style

In the Format Window window:

  • Check Precise Marker check box to indicate the current price on the price scale in a precise way.
  • Check Countdown check box to display the countdown box below the Price Marker showing the time remained until the end of the current bar.