How To Use True Return Scaling
The unique True Return scale allows you to see the volatility (movement) of your stock directly compared to the volatility of the SP-500. The sensitivity slider is used to determine the comparison. If a stock is very volatile compared to the SP-500, some or much of its price history can actually go off the top/bottom of the chart at Max. As you move from chart to chart, you get a much better picture of how the volatility of the stock you are viewing compares to the broader market. When you to lock the chart scale whatever value you choose to lock the chart scale to will apply to every chart viewed in this mode.
Click the Scaling menu button on the price chart and select True Return.
This will open a more detailed scaling menu by which you can customize the settings of the True Return scale.
Automatic/Manual:
Automatic shows an equal percentage difference between the chart units. Price is measured in equal percentages which are automatically set by sensitivity chosen. While the percentages remain the same between gridlines, the gridlines are not evenly spaced. The standard log chart will have rounded numbers. The sensitivity factor is shown in red at the bottom of the scale.
Manual allows you to set the percent difference desired between gridlines and how many gridlines you want to see. (In the example below, there is 10% between the lines and 10 lines showing.) The percent change shows in red at the bottom of the scale. (This will need to be done in each timeframe you use.)
Sensitivity: allows you to adjust the sensitivity of the true return comparison to the SP500. (For example: choose Max for the S&P plot to fill 100% of the price pane; Min means the SP-500 takes up very little of the price pane.) Move the slider back and forth to expand/contract the window. The sensitivity setting shows as a small line below the scale on the price chart.
%Grid: Increase/decrease the number of gridlines and the percentage adjusts itself. Zooming to more or less price history or changing the time frame of the chart will affect the % shown. The %Grid True Return chart will not have rounded numbers. The percent difference between gridlines and the x factor are shown in red at the bottom of the scale. (Place a checkmark in the tick box to choose %Grid).
Show SP500: Places a comparison chart of the S&P500 on every chart. You can also select the color for the S&P plot.
Grid line spacing: changes the distance between the gridlines on the chart.
Hover the mouse over the Manual True Return scale label to tighten or loosen the chart (keyboard combination shortcut Alt + Scrollwheel will tighten/loosen the chart axis). Hover the mouse over the scale itself to increase/decrease the number of gridlines.