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Plotting to Price Scale and plotting not to price scale. Rate this Topic:
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Architect
Posted : Saturday, July 2, 2011 1:18:36 PM
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Joined: 10/7/2004
Posts: 1,279
In prior versions you had a check box for this featrue.

Where is it in 11.1 please?

I want to plot the trading envelope and it is coming in as if it's not to Price Scale.

The trading envelope is the most important envelope of all.

Bill
Architect
Posted : Saturday, July 2, 2011 1:25:48 PM
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Joined: 10/7/2004
Posts: 1,279
When you plot the Price history as a line the Volume bars do not proplerly back up price movement.  In fact they are 1/2 bar ahead.

That means that if you are looking at a Monthly chart, they are 15 days incorrectly plotted. 10 minute chart... 5 minutes off.

The line segments should be exactly plotted in alignment with the volume bars. In other words the inflections should occur on the gaps between the bars.

Now I realize that everyone does it that way and it accounts for the ends of the indicators being plotted 1/2 bar back from the right edge of the chart.  They simply are not in perfect alignment.

This really is silly and if you are daytrading, you can get confused by that.  Why can't Worden Brothers take the lead and have things properly plotted?

That right edge should have everything in alignment.

Bill
diceman
Posted : Saturday, July 2, 2011 4:09:00 PM
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Joined: 1/28/2005
Posts: 6,049
QUOTE (Architect)
In prior versions you had a check box for this featrue.

Where is it in 11.1 please?

I want to plot the trading envelope and it is coming in as if it's not to Price Scale.

The trading envelope is the most important envelope of all.

Bill


When you select the envelope indicator, a box will open, (asking what to add it to)
select Price History.


Thanks
diceman
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