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?
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?
yes it is helpful to use renkon with trendlines.Originally Posted by ;
But thats have nothing to do with logarithmic scale.
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