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How to revise 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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What is the log scale between 10 and 100?

The logarithm of 10 is 1.0, and the logarithm of 100 is 2.0, so the logarithm of the midpoint is 1.5. What value has a logarithm of 1.5? The answer is 101.5, which is 31.62. So the value half way between 10 and 100 on a logarithmic axis is 31.62.

How does the log scale work?

A logarithmic scale is a nonlinear scale often used when analyzing a large range of quantities. Instead of increasing in equal increments, each interval is increased by a factor of the base of the logarithm. Typically, a base ten and base e scale are used.

How do I change the log scale in Tradingview app?

Getting started with log charts is fast and easy: If youre on a PC, press Alt + L on your keyboard. This keyboard combination will quickly adjust your chart to log. If youre on a Mac, press Option + L. You can also click the log button located near the bottom right of the chart to toggle it on or off.

How do you change the log scale?

In your XY (scatter) graph, double-click the scale of each axis. In the Format Axis box, select the Scale tab, and then check Logarithmic scale.

What does log scale on a chart mean?

A logarithmic price scale, also referred to as a log scale, is a type of scale used on a chart that is plotted such that two equivalent price changes are represented by the same vertical distance on the scale.

How do I change the chart log in Excel?

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.

How do you convert log scale?

You can convert the log values to normal values by raising 10 to the power the log values (you want to convert). For instance if you have 0.30103 as the log value and want to get the normal value, you will have: 10^0.30103 and the result will be the normal value.

What is log charting?

Logarithmic charts are used for a long term analysis of price changes on a stock or share price. They are commonly used by technical analysts and traders who want to see a percentage change, not a specific dollar value change.

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