Line up chart log easily

Aug 6th, 2022
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How to line up chart log

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hi everyone this is Vishal from wreckin Academy in a last video we had studied about the importance of trend line and how does it actually help us to spot major breakouts and breakdowns in the market today we will extend that last video and we will concentrate on the logarithmic charts and arithmetic charts and what is the connection between these charts in the trend line well we can see over here that this particular is the y axis of the chart which shows the price of the chart this is the nifty chart of the weekly time frame and this on the horizontal side is the x axis on the x axis we have the dates and on the y axis we have the price well what is an arithmetic chart and arithmetic chart is the the change in the price is a change in terms of unit like you can see it from distance from 500 to 1000 is almost equal to 1000 to 1500 now space between 2000 to 2500 is almost equivalent to 4,500 to 5,000 but if Ive changed this particular chart to a logarithmic chart what happens is thin

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Select the Scale tab on the Format Axis window. Click the Logarithmic Scale check box near the bottom of the window. This changes the charts axis to a log scale.
Right-click the x-axis, and then click Format Axis. Under Axis Type, click Logarithmic scale. Click OK.
Furthermore, a log-log graph displays the relationship Y = kXn as a straight line such that log k is the constant and n is the slope. Equivalently, the linear function is: log Y = log k + n log X.
1:02 5:42 How to plot Log graph in excel - YouTube YouTube Start of suggested clip End of suggested clip From select the x axis and right click format access here you can just take logarithmic scaleMoreFrom select the x axis and right click format access here you can just take logarithmic scale directly it will be a logarithmic and also you can bring this label to site just select label. And then
In a log-log graph, both the x-axis and the y-axis are logarithmic. This is useful for determining power relationships. If a function of the form y = axn is graphed on log-log paper, a straight line will be produced, with slope n and y-intercept log (a). Semi-Log Graph Example: 1.83K subscribers.
Linear charts have a fixed distance between price levels, while log charts have fixed distances between percentage moves. Figure one shows a comparison between a linear and log chart, on the same stock over the same time period.
A logarithmic price scale uses the percentage of change to plot data points, so, the scale prices are not positioned equidistantly. A linear price scale uses an equal value between price scales providing an equal distance between values.

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