Difference between revisions of "Scale Type"

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== Linear Scaling ==
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A Linear price 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.
 
 
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=== Setting Linear Scaling Type ===
 
 
Scaling Type is set from the '''Format Symbol''' window:
 
 
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
 
# Select the '''Scaling''' tab.
 
# In the '''Scaling Type''' section, click the '''Linear''' radio button.
 
 
To center the last quote in the middle of the price scale, check the '''Center Last Price''' check box; the last quote can not be centered for a chart with a User Defined price scale.
 
 
To use these scaling settings for all new charts, check '''Use as Default''' check box.
 
 
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== Semi-Log Scaling ==  
 
== Semi-Log Scaling ==  
  

Revision as of 12:07, 12 February 2012

Two types of chart Scaling can be selected: Linear or Semi-Log.


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Semi-Log Scaling

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.

Important: Margins should not be used with a Semi-Log price scale.


Setting Semi-Log Scaling Type

Scaling Type is set from the Format Symbol window:

  1. Open the Format Symbol window.

    To open the Format Instruments window, click the Format Instruments Format Instrument.png icon on the main toolbar;
    if the Format Objects window appears, select the symbol and click the Format button.

    The Format Instruments window can also be opened by one of the following methods:
      - Position the mouse pointer over the symbol's data series; double-click once the Pointer Pointer.png changes into a Hand Hand.png;
      - Position the mouse pointer over the symbol's data series; once the Pointer Pointer.png changes into a Hand Hand.png right-click and then click Format Symbol Name;
      - Right-click on an empty area of the chart and then click Format Instruments; if the Format Objects window appears, select the symbol and click the Format button;
      - Select Format in the main menu and click Instrument; if the Format Objects window appears, select the symbol and click the Format button.

  2. Select the Scaling tab.
  3. In the Scaling Type section, click the Semi-Log radio button.

To center the last quote in the middle of the price scale, check the Center Last Price check box; the last quote can not be centered for a chart with a User Defined price scale.

To use these scaling settings for all new charts, check Use as Default check box.