The waterfall chart is normally used for understanding how an initial value is affected by a series of
intermediate positive or negative values. Usually the initial and the final values are represented by whole
columns, while the intermediate values are denoted by floating columns.
Sometimes you need to omit some points of the chart axis, e.g., the zero point. This tip will show you how
to hide certain points on the chart axis using custom label format.
Candlestick chart is a style of bar-chart used primarily to describe price movements of a security,
derivative, or currency over time. It is a combination of a line-chart and a bar-chart, in that each bar
represents the range of price movement over a given time interval. It is most often used in technical
analysis of equity and currency price patterns.
If you are creating chart or diagram in Excel with shapes, you might need to update the shape text
automatically depending on the value in a particular cell.
Another powerful trick to attain the attention of the audience and improve the effect of your presentation
is to use axis label formatting customized for the specific value ranges.
You're probably familiar with a "thermometer" type display that shows the percentage of a task that's
completed. It's very easy to create such a display in Excel.
For certain chart types, you can add error bars to your chart. Error bars often are used to indicate "plus
or minus" information that reflects uncertainty in the data.
Often, data imported into an Excel worksheet contains excess spaces or strange (often unprintable)
characters. There are two handy functions TRIM and CLEAN to cleanup such data.