What is difference between Logarithmic and Linear scale?

Discussion in 'AmiBroker' started by siddhakala, Dec 28, 2007.

  1. siddhakala

    siddhakala Member

    Joined:
    Oct 16, 2006
    Messages:
    53
    Likes Received:
    4
    Trophy Points:
    8
    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
     
  2. uasish

    uasish Guest

    Sunil,

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

    Asish
     
  3. THETRADER

    THETRADER Active Member

    Joined:
    Jun 16, 2007
    Messages:
    235
    Likes Received:
    68
    Trophy Points:
    28
    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.
     

Share This Page