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Excel Arrow Variance Chart: Dynamic Arrows in Chart to Show Change to Previous Year / Budget

Quickly learn how to create an Excel "arrow" chart that shows variances (percentage change) using conditional arrows.
Download the free workbook to practice along: http://www.xelplus.com/excel-better-variance-charts-dynamic-columns-lines-arrows/

You can use this excel graph to show the variance of actual values to budget, variance to outlook / forecast, variance to previous year information etc....

In the first video (https://youtu.be/A3NfEkf8S0o), I showed you how you can use conditional formatting in Excel Column or Excel Bar charts. I also showed you how you can conditionally format the data labels in Excel graphs to show a different color if the values are positive to when the values are negative.

In the second video: https://youtu.be/73s3qej4vi0 I showed you how you can use the Excel error bar technique to create really thin bars (or thick lines) which has a more subtle effect. The result is a visually effective chart that doesn't distract the readers attention from the main chart but also communicates the difference to previous year visually as well.

In this video, we build on the error bar technique and disguise them to look like arrows which are conditionally formatted - green to show positive change and red for negative change.

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