Plotting Magnets from several months or even years ago


#1

If I’m plotting 10 minute high volume magnets from several months or even years ago, do I have to be on the instrument’s corresponding contract date when plotting? Or can I use the current instrument contract and just increase maximum bars lookback (method I have been using to date)? It seems to have been working fine, but want to make sure! Thanks Woody.


#2

You would need to use the active contract at the time for the most accurate levels. Fro example this months contract was not being traded how ever many months back so all the volume and action was on a different corresponding months contract