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Most technical analysts and traders use logarithmic price scales. Commonly recurring percent changes are represented by an equal spacing between the numbers in the scale. For example, the distance ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A logarithmic price scale is a charting method that shows price changes as ...
I don’t like using lengths with logarithmic scales. That is a second reason that I prefer dot plots over bar charts for these data. The previous example showed both responding to large values ...