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What is difference between Logarithmic and Linear scale?

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Old 28th December 2007, 08:47 AM
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Default What is difference between Logarithmic and Linear scale?

Hello,

Can any body tell me the difference between Logarithmic and Linear scale is? Which scale should I use if I am using trend line and Pitchforks for trading?

Siddhakala



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Old 29th December 2007, 11:37 PM
uasish
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Default Re: What is difference between Logarithmic and Linear scale?

Sunil,

Your work is always beneficial for us,this spirit of sharing has kept this forum alive.

Asish
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Old 2nd January 2008, 04:13 PM
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Default Re: What is difference between Logarithmic and Linear scale?

Quote:
Originally Posted by siddhakala View Post
Hello,

Can any body tell me the difference between Logarithmic and Linear scale is? Which scale should I use if I am using trend line and Pitchforks for trading?

Siddhakala
A bit of Maths, and, I am trying to be simple.

If X = 10^y,
where y is the logarithm of X to the base 10. Multiplication and Division of numbers is addition and subtraction of the powers. Before the days of computers and calculators with common man, logarithmic tables were being used to simplify multiplication and division.

Logarithmic scale is one in which the logarithms are plotted as against the linear scale where the values are plotted. That means in log scale, the distance 1-10 will be the same as 10-100, and, will be the same as 100-1000, and, so on.

My preference is to use linear scale, though.


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