What I gather you're looking to do is track your free exchange database space over time, per database. What I do for this report is run the following search:
SearchCriteria | rex field=_raw "The database \"(?<EXDB>.*?)\" has (?<FreeMB>\d*) megabytes of free"
| timechart last(FreeMB) by EXDB
Doing a timechart last(FreeMB) You need to provide some function for Timechart to run on FreeMB, in the event it has to summarize. (E.g., if you were running it over the last 7 days, it wouldn't summarize at all. But if you were running it over 2 years, it would probably summarize it into months, or two month periods, or what have you.) Depending on your needs, you might want to go with avg() or min() or max() -- last() just shows the most recent event, which is fine since I run this report over a relatively small period of time, and I have a pretty small amount of change in my databases.
Notably, with this approach, it doesn't matter how many events you get per day. It will automatically summarize the number of events per database, and only show you a single value.
Does that all make sense?
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