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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » chart descrepantcy maybe

chart descrepantcy maybe Rate this Topic:
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steele1950
Posted : Tuesday, February 8, 2005 11:21:38 AM
Registered User
Joined: 12/30/2004
Posts: 9
 I just noticed that your daily chart shows the january last day of the month close lower than the december last day of the month close. But the monthly chart shows a higher close for the month of January versus december.It looks as if it uses the last day close of febuary and depicts a green line up for the month when it should be red. This is very deceptive if you think about it.
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Bruce_L
Posted : Tuesday, February 8, 2005 11:36:56 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Monthly charts in TeleChart are 21 trading days per bar.
-Bruce
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TC2000 Support Articles
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Craig_S
Posted : Wednesday, February 9, 2005 11:01:33 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 ...as opposed to a calendar month. A monthly chart will change every day as new data is added and the 21-day bars shift accordingly.


- Craig
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