In this article, we will look at how to use the scale of the chart to "compress" nearby prices in clusters
The Scale option allows combining side-by-side prices in clusters. This is useful for the instruments with a large range of movement relative to the price step.
To scale a chart:
Click on the highlighted icon on the chart menu bar.
Set the necessary scale.
Click Apply.
The Scale parameter sets the number of price levels to be combined.
The Scale by lower level parameter determines the mode of price level combination.
The Auto parameter determines the scale automatically.
Visually it looks like this:
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