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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » The Basics.....Logarithmic or Arithmetic?....Help

The Basics.....Logarithmic or Arithmetic?....Help Rate this Topic:
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jeba9999
Posted : Sunday, March 22, 2009 5:25:47 PM
Registered User
Joined: 1/1/2009
Posts: 4
 Just getting the basics down of drawing trend lines and all the rest....

Is there a concensus of whether it is best to use a Logarithmic chart vs. Arithmetic?

Are reversals easier to spot in one or the other?

Thanks in advance.....Greg
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Bruce_L
Posted : Monday, March 23, 2009 8:56:59 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 I'm not aware of a concesus, some prefer Logarithmic Charts and others prefer Arithmetic Charts.

Chart scaling - arithmetic, logarithmic and custom scaling
Logarithmic and Arithmetic scalling

I don't see how it would make much difference in spotting reversals. In fact, as long as the price range over the visible portion of the chart is relatively small as a percentage, there isn't much difference in the Scaling at all. It is generally when you zoom out to long time frames or are looking at an incredibly volatile stock that you will see significant visual differences.
-Bruce
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