TL-Users: Idea Changing Linear MT4 Charts to Logarithmic Charts - Page 2
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Thread: TL-Users: Idea Changing Linear MT4 Charts to Logarithmic Charts

  1. #11
    Http://www.dataminingblog.com/standa...normalization/ the idea of normalization/standardization of differeing units. .namely price, time is something to consider perhaps

    does log chart do this?

  2. #12
    Quote Originally Posted by ;
    hey there. Very nice. I have another idea for you that is similar to logarhithmic trendlines but perhaps eve better. Gann talked about squaring price with time. He referred to some king of normalization of price to time connection. He talked about a'price vibration'. He used geometry, but he did not have the technology we must day. Long story brief for instance, if you measure or example gj and it moves on average of 55 pips per hour its price vibration could be thought of as 55/60. There is a renko/time chart hybrid vehicle to square price and time, but it...
    yes it is helpful to use renkon with trendlines.
    But thats have nothing to do with logarithmic scale.

  3. #13

  4. #14
    Can I plot a log base 2 chart with this?

  5. #15
    Edit:
    even though a Trader can not be trading at a favorite Offline-Chart with such an Indior it is possible to handle Trades from a normal Chart which I do since many decades now.
    Anyway is there anybody interested in this thought.

    If someone isn't the exact same opinion as me have a look on your own.
    Make the test from yourself in comparing a normal Linear Scaled MT4/MT5 -Chart using Trendlines and do the same using a Logarithmic Scaled Chart accessible anyplace in the net using some free software.
    It'll be amazing.
    Its a huge difference between normal Linear Scaled Chart and Logarithmic Scaled Chart drawing Trendlines.
    Greeds Zack

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