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Tim
We build our own modified continuous contracts. Basically, we convert to
the next month (or the next most active month) as soon as the Open Interest
exceeds the Open Interest of the contract currently in use. If we're
currently trading in the December contract and the Open Interest of the
March month exceeds the December O.I., then we would shift to the March
contract the following Monday. This is true, even if there are January and
February months trading, but with smaller O.I. than March.
Hope this helps.
I did see someone post here something about Unfair Advantage being able to
do that for you automatically.
Regards
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Yngvi Hardarson
> Sent: Wednesday, November 18, 1998 1:52 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Gold - Continuous contract builder
> Importance: High
>
>
> The trick is to simulate what YOU would do in actual trading.
>
> Regards,
> Yngvi
>
> At 08:47 16.11.1998 EST, you wrote:
> >In a message dated 11/16/98 1:34:35 AM Eastern Standard Time,
> simmons@xxxx
> >tech.com.au writes:
> >
> >> I note Comex Gold does not really trade all monthly
> contracts and in
> the
> >> months that are traded strongly the volume dries up about a
> month before
> the
> >> contract expires.
> >>
> >> Which months are used to build a continious contract ?.
> >> Also which is the best cash contract to follow?.
> >>
> >
> >With CSI's Unfair Advantage you have several ways to build a continuous
> >contract.
> >
> >When rolling from one contract to the next you can specify how
> that is done.
> >Some of the choices include:
> >
> >- when heaviest open interest shifts
> >- when heaviest volume shifts
> >- when both open interest and volume shifts
> >- when either open interest or volume shifts
> >- a specific day of the month
> >- a day relative to month end
> >
> >
> >Tim Stevenson
> >
>
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