|
PureBytes Links
Trading Reference Links
|
<FONT face=Arial
color=#0000ff size=2>Dear Dusant,
<FONT face=Arial
color=#0000ff size=2>
<FONT face=Arial
color=#0000ff size=2>Be careful if you use a ratio adjustment as you state
(ratio between yesterday's to today's close prices when you roll) when you are
trading futures, as the historical data will no longer be accurate on a points
test basis, nor will the ratio reflect your rollover (as the data is 1 day
lagged). What you should be doing is comparing the close prices of the two
different months on your roll day to determine the difference then back
adjust your continuous chart by adding/subtracting the
difference.
<FONT face=Arial
color=#0000ff size=2>
<FONT face=Arial
color=#0000ff size=2>There's plenty of issues related to continuous contracts
with futures which depend exactly what you want the continuous contract chart to
show and the limitations of how to interpret it too.
<FONT face=Arial
color=#0000ff size=2>
<FONT face=Arial
color=#0000ff size=2>See:
<FONT face=Arial
color=#0000ff size=2><A
href="">http://www.premiumdata.net/support/futurescontinuous.php
<FONT face=Arial
color=#0000ff size=2>for a lengthy article on continuous
contracts.
<FONT face=Arial
color=#0000ff size=2>
Best regards,
Richard Dale.
Norgate Investor Services- Premium
quality Stock, Futures and Foreign Exchange Data for markets in
Australia, Asia, Europe, UK & USA -<A
title=http://www.premiumdata.net/ href=""><FONT
face=Arial size=2>www.premiumdata.net
<FONT face=Arial
size=2>
From: Dusant [mailto:dusant@xxxxxxxxxxxxxxxxxx]
Sent: Monday, 5 April 2004 2:22 AMTo:
Metastockusers@xxxxxxxxxxxxxxxSubject: Re: [Metastockusers] Re: Bug
in Manual Adjust
I have been using the adjust feature, coz the
distribution feature does not always give correct results.
You just need to use the ratio of the previous
close to today's close to arrive at the adjust factor.
DusantChief Architect<A
href="">http://www.candlestrength.com/
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/Metastockusers/
To unsubscribe from this group, send an email to:Metastockusers-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|