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Scale Labels are the numbers that appear next to the marks on the price 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 price 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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== Selecting Object for Label Values ==
The object, for which the label values on a price scale are displayed, can be selected by right-clicking on the price scale and then clicking the '''#) Object Name''', where '''#''' is the number, indicating the order in which the object has been added to the chart.
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== Dividing Scale Label Values ==
The values of some indicators, for example volume, can be rather large, such as 25,000,000,000.
The numbers displayed on the labels can be abbreviated by dividing the values they represent by a set factor.
For example, a label for the value of 25,000,000,000, divided by a factor of 1,000,000,000, will read "25.00".
Characters can also be added to the end of the label, for example a "b", resulting in a label that reads "25.00 b" instead of the "25,000,000,000".
<div style="background-color: #E5F6FF;">Tip: Tip: You can elect to set the division factor automatically or manually.</div>
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=== Dividing Label Values Automatically ===
The division factor with the corresponding characters is selected automatically.
To change the characters, see Dividing Label Values Manually.
Automatic selection of the division factor can be chosen from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''Divide Scale Labels''' section, check '''Divide Scale Labels''' check box.
# Select the '''Auto''' radio button.
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings for all new charts, check '''Use as Default''' check box.</div>
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=== Dividing Label Values Manually ===
The division factor can be set manually, and the corresponding characters assigned, from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''Divide Scale Labels''' section, check '''Divide Scale Labels''' check box.
# Select the '''Manual''' radio button.
# In the drop-down list box select the division factor.
# In the '''Displayed as''' text box enter the characters to be added to the end of the label for the selected division factor; these characters will also be used when Dividing Label Values Automatically.
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings for all new charts, check '''Use as Default''' check box.</div>
=== Canceling Label Value Division ===
Label value division is canceled from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''Divide Scale Labels''' section, uncheck '''Divide Scale Labels''' check box.
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings for all new charts check '''Use as Default''' check box.</div>
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== Setting Label Step ==
You can choose from three different settings that determine the increment (step size) between labels:
* '''Automatic''' - the increment is optimized dynamically to aid the visual assessment of price levels
* '''Set Step Size''' - the increment between labels is set manually
* '''Set Number of Labels''' - a set number of labels is always displayed
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=== Automatic ===
Increment between the labels is set from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''Set Labels Manually''' section, uncheck '''Set Labels Manually''' check box.
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings for all new charts, check '''Use as Default''' check box.</div>
=== Set Step Size ===
Increment between the labels is set from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''Set Labels Manually''' section, check '''Set Labels Manually''' check box.
# Select the '''Set Step Size''' radio button.
# In the '''Set Step Size''' text box enter the increment value (step size), in units displayed on the scale.
<div style="background-color: #E3FBE5;">Note: A label at each step will only be displayed if there is enough room on the scale.</div>
<div style="background-color: #E5F6FF;">Tip: To use these scaling settings for all new charts, check '''Use as Default''' check box.</div>
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=== Set Number of Labels ===
A fixed total number of labels can be set from the '''Format Symbol''' window:
# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''Set Labels Manually''' section, check '''Set Labels Manually''' check box.
# Select the '''Set Number of Labels''' radio button.
# In the '''Set Number of Labels''' text box enter the fixed number of labels desired.
<br><div style="background-color: #E3FBE5;">Note: The set number of labels will only be displayed if there is enough room on the scale.</div>
<br><div style="background-color: #E5F6FF;">Tip: To use these scaling settings for all new charts, check '''Use as Default''' check box.</div>
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== Using Fractional Price Scale Format ==
MultiCharts can display prices in both decimal and fractional format.
[[<span style="color: red;">'''LINK'''</span> /101-01_SettingIndProp.html name="4"; |Configuring Fractional Price Scale Format for Symbols]]
[[<span style="color: red;">'''LINK'''</span> /22-7003_Scaling.html name="6"; |Configuring Fractional Price Scale Format for Studies]]
[[<span style="color: red;">'''LINK'''</span> /22-6000_DrawingTools.html name="2=29"; |Configuring Fractional Price Scale Format for Drawings]]
<br><div class="note">
Fractional format is available for the following values:
Open
<br>High
<br>Low
<br>Close
<br>Last
<br>Bid
<br>Ask
<br>Net Change
<br>Last Price Marker
<br>Price value in the Status Line
<br>Price value in the Chart Hint
<br>Price value in the Drawing Properties
<br>Minimum and Maximum check boxes values under the Scale tab of the Format Symbol dialog window
<br>Fractional format is not available in the following scenarios:
When exporting data from the chart
<br>When exporting data from Strategy Performance Report
<br>When accepting/rejecting orders in the dialog window
<br>When closing open positions in the dialog window
<br>When assigning market position at the broker in the dialog window
<br>In the Alert messages
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</div>
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== Setting the Number of Digits After the Decimal ==
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# Open the '''Format Symbol''' window.<br><span>{{FormatSymbol}}</span>
# Select the '''Scaling''' tab.
# In the '''General''' section, select '''No. of digits after decimal'''.
# Select the number of digits in the drop-down list.
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[[Category:Chart Scaling]]