[iconbox title=”Updated: It’s all in the details” icon=”process-stop.png”]If you’re a continuous contract user, what needs to be done at rollover is a perennial source of confusion. So it’s critical to know which type of continuous contract you are using – provider adjusted or not provider adjusted.
It could be either depending on how you have your account connection set up. But you only need to take the steps below if you are using a continuous contract that is back-adjusted by your provider. If you’re using a dated contract or a non-adjusted continuous contract, there’s nothing to see here. Just go ahead and keep right on truckin’. ;-}
Want to know how to configure your connection for provider back-adjustment? Click the link in the first paragraph below.[/iconbox]
If you trade futures you probably already know about contract rollovers. But if you use a back-adjusted continuous contract (it will end in ##-## instead of a date) did you know you need to take one extra step after the close on rollover day?
What is that extra step? You need to delete all your stored data and refresh it using Ninja’s Historical Data Manager. Why? Because the new adjusted price affects all previous prices for all previous contracts.
Sound scary? It’s really not.
Here’s how to do it:
- Disconnect from your data provider
- In the Ninja Control Center, click Tools > Historical Data Manager…
- Click the Edit tab
- Find your contract in the list, then right-click on the symbol
- Click Delete
- Reconnect to your data provider