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Indicator Scaling
I have an indicator that plots values similar to those of a moving average, however I want to view this indicator as a histogram and not overlayed on price. When I do this and plot the indicator, the y-axis of the chart plots a bar from 0, causing the indicator to get squeezed down to the point where all bars look the same height. Is it possible to adjust the scaling of the y-axis for this indicator?Tags: None
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Unfortunately this is not possible SystemTrading, it would start from 0 and change the scale therefore. You could normalize this indicator with an oscillator but then you would loose the absolute MA - like values. This should also be doable by working with vertical in the indicator panel range from 0 to your indicator value.
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Originally posted by SystemTrading View PostI have an indicator that plots values similar to those of a moving average, however I want to view this indicator as a histogram and not overlayed on price. When I do this and plot the indicator, the y-axis of the chart plots a bar from 0, causing the indicator to get squeezed down to the point where all bars look the same height. Is it possible to adjust the scaling of the y-axis for this indicator?
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