Syntax:
set terminal pslatex | |pstex {<color>} {<dashed>} {<rotate>} {auxfile} {<font_size>}
color is either color or monochrome. rotate is either rotate or norotate and determines if the y-axis label is rotated. font_size is the size (in pts) of the desired font.
If auxfile is specified, it directs the driver to put the PostScript commands into an auxiliary file instead of directly into the LaTeX file. This is useful if your pictures are large enough that dvips cannot handle them. The name of the auxiliary PostScript file is derived from the name of the TeX file given on the set output command; it is determined by replacing the trailing .tex (actually just the final extent in the file name) with .ps in the output file name, or, if the TeX file has no extension, .ps is appended. Remember to close the file before leaving gnuplot.
All drivers for LaTeX offer a special way of controlling text positioning: If any text string begins with '{', you also need to include a '}' at the end of the text, and the whole text will be centered both horizontally and vertically by LaTeX. -- If the text string begins with '[', you need to continue it with: a position specification (up to two out of t,b,l,r), ']{', the text itself, and finally, '}'. The text itself may be anything LaTeX can typeset as an LR-box. rule{}{}'s may help for best positioning.
Examples:
set term pslatex monochrome dashed rotate # set to defaults
set term pslatex auxfile set output "foo.tex"; plot ...: set output
set title '\LaTeX\ -- $ \gamma $'
set label '{\LaTeX\ -- $ \gamma $}' at 0,0
set xlabel '[t]{\LaTeX\ -- $ \gamma $}'
set ylabel '[r]{\LaTeX\ -- $ \gamma $\rule{7mm}{0pt}'
Linewidths and pointsizes may be changed with set linestyle.