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Looking for indicator to normalize chart scaling
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Looking for indicator to normalize chart scaling

  #1 (permalink)
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Surly's Avatar
 
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Looking for indicator to normalize chart scaling

I saw an indicator recently that allowed you to setup your ninja charts such that the scaling would be consistent and it would also ensure that price stayed within a range of space on your chart.

If you adjust your scaling by dragging the right scale, price can then move outside the range of your chart because the range becomes fixed. This indicator I'm looking for allowed you to define an area you wanted price to remain within while still using a fixed scale. The idea is to normalize the size of bars without having to constantly move the scale up and down as price moves.

Hope that's all clear as mud - much thanks for any help locating this indicator!

surly

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  #2 (permalink)
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Surly View Post
I saw an indicator recently that allowed you to setup your ninja charts such that the scaling would be consistent and it would also ensure that price stayed within a range of space on your chart.

If you adjust your scaling by dragging the right scale, price can then move outside the range of your chart because the range becomes fixed. This indicator I'm looking for allowed you to define an area you wanted price to remain within while still using a fixed scale. The idea is to normalize the size of bars without having to constantly move the scale up and down as price moves.

Hope that's all clear as mud - much thanks for any help locating this indicator!

surly

Try NT scaling. Right click on the right price scale, in the pop-up window, under Right Scale section, choose Range:Automatic, Margin type:Percent, and put in desired values for Marin upper and Margin lower. I have my margin lower at 65%, and margin upper at 35% because I put all my indicators at the bottom of my main price panel, and have some indicator text at the top of the chart, and I don't want them to be obscured by the candles. This setting keeps all my candles in the desired space in the middle of my chart, without ever needing to scroll vertically.

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  #3 (permalink)
Urban Samurai
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I tried that, and my bars still stretch when I drag.

If for example say 8 tics takes up .25 inches on your screen. Can you scale the chart in a way so that 8tics of travel is always .25 inches? So that your bars don't stretch and shrink when you scroll it.

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  #4 (permalink)
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forrestang View Post
I tried that, and my bars still stretch when I drag.

If for example say 8 tics takes up .25 inches on your screen. Can you scale the chart in a way so that 8tics of travel is always .25 inches? So that your bars don't stretch and shrink when you scroll it.

No, the bars will still stretch and shrink depending the max and min prices on the screen, but they will all stay within the defined top and bottom margins

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  #5 (permalink)
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In the NT forum under NT7 Indicators is an indicator called "ChartScale". Haven't tried it myself.

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  #6 (permalink)
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cant say exactly but you can try overriding the GetMinMaxValues.

 
Code
public override void GetMinMaxValues(ChartControl chartControl, ref double min, ref double max)
{
}

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  #7 (permalink)
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Tarkus11 View Post
In the NT forum under NT7 Indicators is an indicator called "ChartScale". Haven't tried it myself.

Do you have a link for this indicator? I couldn't find it either by searching or by scrolling through....

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  #8 (permalink)
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monpere View Post
No, the bars will still stretch and shrink depending the max and min prices on the screen, but they will all stay within the defined top and bottom margins

This is why this is not what I was looking for (thanks tho!) - I'm looking for an indicator (and I saw it referenced and uploaded as an attachment somewhere...) that will allow the user to basically define the size of one tick in an absolute scale (the same as what you get when you use "fixed" scale on the right) but then auto scroll the chart up and down as price moves keeping the current price within a defined range (say the middle 50% of the chart.

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  #9 (permalink)
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Go to NT 7 Indicator forum on NT site and sort by date created (descending) -- it's the 2nd indi listed.

I've been using it and like it a lot -- thanks to futures.io (formerly BMT) member photog53 for creating it.

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  #10 (permalink)
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Haverchuck View Post
Go to NT 7 Indicator forum on NT site and sort by date created (descending) -- it's the 2nd indi listed.

I've been using it and like it a lot -- thanks to futures.io (formerly BMT) member photog53 for creating it.

Yep - that's the one I was looking for. I didn't read your first post and was searching futures.io (formerly BMT)...

thanks!

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