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Hello Ian,Lionel,Moe,
IMHO it has something to do with the timeframe you are watching.
I can not prove this but the longer the timeframe the better it seems to use
the semi-log scale.
For example my gold and nikkei 225 charts "look" better in semi-log looking
at a daily chart of 10 years or more.
The difference on this 10yr period is also significant while drawing trendlines.
But I don't know where to place the boundary.(i.e. where to change fm
lineair to semi-log)
Anybody else ??
Regards,
Frans
At 12:27 PM 11-08-99 -0500, you wrote:
>Ian:
>
>To me there is no intrinsic advantage of one over the other. They both
>work equally well in MS. They show slightly different things. I've used
>both. Sometimes a semi-log scale will show things better than an
>arithmetic scale. Try them both on a few securities and see if one form
>suits you better than the other.
>
>regards
>
>Lionel Issen
>lissen@xxxxxxxxx
>----- Original Message -----
>From: Ian Burgoyne <iburgy@xxxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Tuesday, August 10, 1999 12:17 PM
>Subject: Semi-Log Scale in Metastock
>
>
>> Edwards & Magee recommend viewing charts in semi-log
>> scale so I tried this on my charts and found previously
>> drawn trendlines would be in a different position when
>> viewed in semi log scale. Sometimes the trend would not
>> fit as well on some charts(see attached QANTAS chart).
>> Has anyone got a view whether semi log is appropriate
>> in Metastock?
>>
>> Ian Burgoyne
>> Melbourne
>>
>>
>> ______________________________________________________
>> Get Your Private, Free Email at http://www.hotmail.com
>
>
>
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