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CL Light Crude Analysis TPO/MP/VWAP/VPOC


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CL Light Crude Analysis TPO/MP/VWAP/VPOC

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  #1471 (permalink)
 greenr 
london/england
 
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OK may be right......

TPO`s



May be right

Big picture



What you thinking people.................

I just changed my roll over date for the CL 05-13 to the 03/15/2013

Still looks diffrent to @Private Bankers though

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  #1472 (permalink)
 
Private Banker's Avatar
 Private Banker 
La Jolla, CA
 
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greenr View Post
There CL roll overs are seriouly start to get to me



I select one thing.....then my TPO data is corrct

But it screws up my big picture

I select the other setting and my big picture data is fine

But my TPO data is screwed

God Help Me......................

I though having Kinetick would save me from these issues

I was clearly wrong

For those that are using NT and would like to have the continuous contracts set up correctly, take a look at a post Rancho Dinero did regarding this topic. It shows step by step instructions on how to set this up correctly.

Here's the thing with futures. They're a bunch of contracts that expire. It is very difficult to accurately gauge previous levels but by using the continuous, you're able to accomplish this to a degree. As I've said before, the most important point of reference will be the previous session. Hopefully that comes as a bit of relief. We're either within range or out of range and need to adjust accordingly. Trading has a lot more to do than just have the correct levels as these are just points of greater reference and its important to use that and bring it into context and find confluence with an intra-day level. Just having an order out there because we're at a swing low from 3 weeks ago is a naive mistake.

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  #1473 (permalink)
 greenr 
london/england
 
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Private Banker View Post
For those that are using NT and would like to have the continuous contracts set up correctly, take a look at a post Rancho Dinero did regarding this topic. It shows step by step instructions on how to set this up correctly.

Here's the thing with futures. They're a bunch of contracts that expire. It is very difficult to accurately gauge previous levels but by using the continuous, you're able to accomplish this to a degree. As I've said before, the most important point of reference will be the previous session. Hopefully that comes as a bit of relief. We're either within range or out of range and need to adjust accordingly. Trading has a lot more to do than just have the correct levels as these are just points of greater reference and its important to use that and bring it into context and find confluence with an intra-day level. Just having an order out there because we're at a swing low from 3 weeks ago is a naive mistake.

I went though the Ranncho link...it just said delete the current data and reload

Did i miss some thing?

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  #1474 (permalink)
 
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 Big Mike 
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For ES we have SPX cash or just plain ol SPY to look at for important levels and no need to figure in adjustments for rollover.

For CL, you could look at USO but doing the math to convert the levels in your head would be tough

The Rancho article basically says he thinks you only need to look at the last expiration in terms of retention, other levels are unimportant. I don't agree with that, but I do concede that (on ES at least) the best long term indicator is the cash price (SPX) and not a back-adjusted ES @ES#C continuous futures contract.

With Sierra Chart btw, all you do is simply plot the continuous contract. There is no need to mess with anything else (in my experience). I think for CL it is QCL#C for the continuous back adjusted chart. Also Sierra has built-in profile

Mike

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  #1475 (permalink)
 
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 Traderwolf 
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Big Mike View Post

With Sierra Chart btw, all you do is simply plot the continuous contract. There is no need to mess with anything else (in my experience). I think for CL it is QCL#C for the continuous back adjusted chart. Also Sierra has built-in profile

Mike

@Big Mike

Are you using the tab and checking "continuous contract" or are you inputting a different symbol?

Thanks

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  #1476 (permalink)
 
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 Big Mike 
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Traderwolf View Post
@Big Mike

Are you using the tab and checking "continuous contract" or are you inputting a different symbol?

Thanks

I am using the IQFeed continuous back-adjusted contract, ie @ES#C. I don't trade crude any longer, but pretty sure the symbol is QCL#C

Mike

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  #1477 (permalink)
 
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 Brutus 
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Tiger45 View Post
Anyone know how to get NT with a Zen Fire data feed fixed?



You need to manually adjust the rollover date in NinjaTrader so that our Historical Chart Data is correctly merged.

Please go to Control Center-->Tools-->Instrument Manager. Highlight the CL in the 'Available master instruments' section and click Edit.

Subsequently select the Misc-tab and scroll to the bottom. Select the 'Contract months' row and click the '...' button that appears.

Select the 05-13 expiry month and you will see the rollover date listed. You can change the rollover date for the 05-13 contract to yesterday (March 18th) to allow NinjaTrader to merge these contracts correctly.

Also check you merge policy:
Please go to Control Center-->Options-->Data (tab) --> Select MergeNonBackAdjusted

Once this is changed you will need to reload historical data in your charts to apply the change via a right click -> reload historical data on your charts.


CL 01-13 Roll Over Date - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum

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  #1478 (permalink)
 
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 bobarian 
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5/13 cl ...current chart..do these levels look correct?

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  #1479 (permalink)
 
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 Brutus 
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bobarian View Post
5/13 cl ...current chart..do these levels look correct?

yup

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  #1480 (permalink)
 kulu 
Buckeye Nation
 
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bobarian View Post
5/13 cl ...current chart..do these levels look correct?

What did you use as your rollover date? 03/15 or 03/18?

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