The interpretation of a stock chart can vary among different traders depending on the type of price scale used when viewing the data.
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. (Investopedia)
(I usually use Logarithmic Auto Adjusted charts in my analysis)
For further readings, you can read the article attached.
Reference article:
https://www.investopedia.com/ask/answers/05/logvslinear.asp
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. (Investopedia)
(I usually use Logarithmic Auto Adjusted charts in my analysis)
For further readings, you can read the article attached.
Reference article:
https://www.investopedia.com/ask/answers/05/logvslinear.asp
Nota
It seems my chart setup works better!Nota
Do you think it is better to be one step ahead of market or one behind it?
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.