backflip ta, page-23

hi su27, I use that scale cause of my softwares limitations

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The interpretation of a stock chart can vary among different traders depending on the type of price scale used when viewing the data. As this question suggests, the two most common types of price scales are 1) logarithmic (also referred to as log) and 2) linear (also referred to as arithmetic).

A linear price scale is plotted on the side of the chart so that there is an equal distance between the prices, and each unit change on the chart is represented by the same vertical distance on the scale, regardless of what price level the asset is at when the change occurs. By contrast, a logarithmic price scale is plotted so that the prices in the scale are not positioned equidistantly; instead, the scale is plotted in such a way that two equal percent changes are plotted as the same vertical distance on the scale.

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