Why are the HotCandlestick charts always shown using a logarithmic price scale?
Our charts show the log price scale because this is much more natural when dealing with candlesticks (and other trading systems such as Elliott Waves). When candlesticks are plotted on a log price scale, this means a candlestick at the upper price range of the same length and color as a candlestick in the lower price range has THE SAME PERCENTAGE CHANGE in price. This allows you to decern much more easily between a “long” candlestick and a “short” candlestick than when prices are plotted on a regular (non-log) price scale.
