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Logarithmic Price Scale Charts

Logarithmic scaling (actually semi-logarithmic scaling; price only is on a common logarithmic scale) enables you to compare percentage price changes rather than absolute price changes. Plotting prices on a semi-logarithmic scale allows the presentation of a uniform picture of performance and permits the easy comparison of instruments that differ widely in dollar amount.

Logarithmic scaling is most appropriate when comparing long term charts that cover a wide range of price levels.

The chart in the active window may be changed to logarithmic scaling simply by typing in the command .LOG.

To return the chart to a normal, or linear, scale, enter the .LINEAR command. The .LOG and .LINEAR commands may also be selected from the rescaling menu.