How total volume indicator $TVOLI is calculated?

[huab1992]

The value of dow jones industrial average total volume indicator "$TVOLI" is just about 50,000 , while there are millions of shares traded each day in these 30 stocks. How is this indicator calculated and in which unit its value ?

 

[murray t turtle]

The value of dow jones industrial average total volume indicator "$TVOLI" is just about 50,000 , while there are millions of shares traded each day in these 30 stocks. How is this indicator calculated and in which unit its value ?

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MUST be a real strange time frame/not daily / weekly or monthly???
But the highest spike maybe ok; same with DIA. Let us know when you find out.......

 

[themickey]

The value of dow jones industrial average total volume indicator "$TVOLI" is just about 50,000 , while there are millions of shares traded each day in these 30 stocks. How is this indicator calculated and in which unit its value ?

Strangely, I can't find a reference to $TVOLI when doing a google search.

My guess on formula:
AVERAGE(Volume sum of all constituents).