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Registered User
Joined: 4/10/2006
Posts: 27
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Would someone please direct me to where I can read about the MS and TSV scales on the far right of the chart?
For example, the volume bar scales do not seem to match today's volume, on a daily chart. MED volume today was 986,000 but the charts volume scale goes from zero to 12174 at midpoint to 24348 at the top.
Also, I'm aware of the volume number being placed alongside the OHLC numbers at the top. Just don't understand the scaling.
Thanks.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I am not sure what the MS and TSV scales have to do with the volume scales.
Do you have more than one indicator plotted in the window? If so, you can toggle which indicator scale is displayed by clicking the box in the lower right corner of the indicator window.
You should also remember that volume is reported in hundreds. This means 986,000 is shown as 9860. The highest volume day ever for MED was on 5/16/06. Its volume that day was 2,434,800. In TeleChart that is 24348.
Does that help?
- Craig
Here to Help!
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Registered User
Joined: 4/10/2006
Posts: 27
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I don't think I wrote this question up clearly.
I understand that the MS and TSV scales have nothing to do with the volume. Let me rephrase the question:
1. Volume bars are in the middle chart. The example stock is MED on a daily basis. The numbers along the right side of the screen in the middle chart (for the volume bars) say 0, 12174, with 24348 at the top. What do these numbers mean? These are the numbers that are vertical, like the price numbers are vertical in the top chart.
In essence what does 0, 12174, 24348 mean?
I know that the volume numbers are in hundreds and that that number is above the top chart.
Thanks.
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Registered User
Joined: 4/10/2006
Posts: 27
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Adding other examples to my question, the right edge scale on the following companies on a daily chart are:
MSFT
5910786
2955393
0
GE
881933
440967
0
GM
364614
182307
0
Obviously the middle number is the half way point to the top number. But what's the top number refer to?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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The scale for the volume.
Look at MSFT....
On 4/28/06 it scored its highest volume (the bar that spikes to the top of the window.
Its volume that day was 591,078,600 (or 5910786 hundreds). This sets the top of the scale
5910786
The rest of the volume bars are scaled from there. Half-way down the scale you have 2955393... which turns out to be half of 5910786. At the bottom of the scale you have zero.
Those are the scale numbers for volume, like the price scale that runs on the right side of the top window.
Does that help?
- Craig
Here to Help!
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Registered User
Joined: 4/10/2006
Posts: 27
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The help is perfect. Thanks very much.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You are very welcome!
- Craig
Here to Help!
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Registered User
Joined: 4/10/2006
Posts: 27
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QUOTE (Craig_S) You are very welcome!
Craig,
Re your post at 11:37 EST.
You guys are sure dedicated, working so long and late.
Believe me, we puzzled masses appreciate that very much.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Sickest part... I woke up at 5am and I'm back on here.
(thanks for the kind words)
- Craig
Here to Help!
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