Hi,
I use eSignal for data. Whenever an instrument has a historic split, the eSignal software automatically accounts/adjusts for them which keeps everything nice and orderly.
When the data is fed into MC the splits are not accounted for... This is a nightmare.
Attached is a chart for ticker symbol BIB (ProShares Ultra BioTech)
It had a 2:1 share split on the 5th of October 2012 as you can see, it causes all sorts of mess and artificial wild moves...
I have searched the user manual, but I cannot find how to account for or display charts adjusted for splits. Any idea?
Thanks
How to account for splits when backtesting
- STAR_Trader
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How to account for splits when backtesting
- Attachments
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- BIB Split Issue Chart.png
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- Henry MultiСharts
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Re: How to account for splits when backtesting
Hello STAR_Trader,
Data providers usually adjust the historical price on their end when there is a split. You just need to reload your chart to load the corrected data.
On the screenshot you have provided you are using Free Quotes data. Please plot a chart with eSignal data and reload it if the data is not adjusted.
You can check backadjusted eSignal, Barchart and IQfeed historical data on the attached screenshot.
Data providers usually adjust the historical price on their end when there is a split. You just need to reload your chart to load the corrected data.
On the screenshot you have provided you are using Free Quotes data. Please plot a chart with eSignal data and reload it if the data is not adjusted.
You can check backadjusted eSignal, Barchart and IQfeed historical data on the attached screenshot.
- Attachments
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- BIB_Split.png
- (55.61 KiB) Downloaded 327 times