Waterfall chart using Error bars

The waterfall chart is normally used for understanding how an initial value is affected by a series of intermediate positive or negative values. As we have shown Creating a Waterfall chart it can be created using a combination of Excel Bar charts. This tip will show you how streamline this process using Error Bar chart. The waterfall chart is normally used for understanding how an initial value is affected by a series of intermediate positive or negative values.
Waterfall chart Excel 2010

To create the waterfall chart using Error bars, do the following:

    1.    Add two columns with "X Errors" data and "Y Errors" data:

Waterfall chart data

C4=A5-A4 and D4=B4, D5=B5-B4

    2.    Select the data range (in this example A4:B10).

    3.    On the Insert tab, in the Charts group, choose the Scatter button:

Charts

Choose Scatter with only Markers.

    4.    On the Layout tab, in the Analysis group, choose Error Bars list.

Analysis

Excel propose several error bars, also you can use More Error Bars Options...:

More Error Bars Options

    5.    In the Format Error Bars dialog box:

Format Error Bars
  • In the Display Direction group, select Minus
  • In the Display End Style group, select No Cap
  • In the Error Amount group, near the Custom: click the Specify Value button.
    Custom Error Bars

    In the Custom Error Bars dialog box, choose the Y Errors data range (in this example D4:D10). See Adding error bars for more details about Error bars.

    6.    Right-click in one of the horizontal Error bars and choose Format Error Bars... in the popup menu:

Format Error Bars popup

In the Format Error Bars dialog box, on the Horizontal Error Bars tab:

  • In the Display Direction group, select Plus
  • In the Display End Style group, select No Cap
  • In the Error Amount group, near the Custom:, click the Specify Value button and then, in the Custom Error Bars dialog box, choose the X Errors data range (in this example C4:C9).

You can then make any other adjustments to get the look you desire.

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