Help explaining Histogram Scaling in Volume Imprint

[John471]

Screen shot attached.

Volume Imprint gives three options to scale the histogram bars...
1.) Visible Bars.
2.) Bar
3.) Chart Daily Session

1.) Seems intuitive. The bars drawn are scaled according to what is within view...the largest bar in view gets the maximum size, smallest bar gets the least, etc.

2.) Also seems intuitive...Each individual volume imprint scales each histogram according to itself, i.e. each imprint has its own largest/smallest, etc.

3.) Chart Daily Session. This one I'm not sure one....would this be that all imprints for each day have each individual histogram scaled based on the day....i.e. one largest/smallest for the enter day and everything else in between?

Thanks in advance.

 

[John471]

Given that a week has passed an no members have been able to answer, this seems like an ideal time for Motivewave staff to step up for what I assumed would be a pretty straightforward question on a commonly used indicator.

Do they watch this forum?