- ago
Data is adjusted on daily bars, but not on minute bars...

Isn't that a deal breaker for us in the context of backtesting intraday strategies?
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Glitch8
 ( 12.10% )
- ago
#1
It’s certainly a pain! Users should lobby DTN to correct this. I believe Cone did some work for this in WL6 that might be able to be applied to WL7?
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- ago
#2
It's intentional that IQFeed does not adjust their intraday data for splits to keep the prices as is.
http://forums.iqfeed.net/index.cfm?page=topic&topicID=2815

QUOTE:
I believe Cone did some work for this in WL6 that might be able to be applied to WL7?

Indeed:
http://www2.wealth-lab.com/WL5WIKI/AdjustIntradayForSplit.ashx
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- ago
#3
Is this method available in WL7?
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Cone8
 ( 6.32% )
- ago
#4
Wealth-Lab's IQFeed provider automatically adjusts intraday bars for splits. You don't need to apply an extra method.
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Glitch8
 ( 12.10% )
- ago
#5
I was under the impression that OV found some cases that were not adjusted.
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Cone8
 ( 6.32% )
- ago
#6
If so, we need to know those cases.

IQFeed supplies only the last 2 splits, but we've painstakingly created a resource file of splits for all U.S. listed stocks. These two sources are merged, but when new splits occur, we'll trigger off the IQFeed-provided data.
1
- ago
#7
July 1, 2020 - MTCH is not split adjusted for IQFeed 10 minute bars.

April 11, 2017. CPRT is not split adjusted for IQFeed 10-min bars.
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Cone8
 ( 6.32% )
- ago
#8
Thanks. There are duplicate records in our split resource file, so the splits were actually applied twice on the date preceeding the actual ex-date. We'll fix this in the IQFeed Build 8 update.

Procedure to correct these data before IQFeed Build 8.

1. IQFeed Provider Settings - disable Regular Session Only
2. Refresh the intraday chart
3. Right click the chart, and use the "Go to Date" function to find the first bar on the ex-date.
4. Right click the first bar on the ex-date (the higher prices) and apply the **reverse split**. E.g. if it's a 2:1 split, apply a 1:2 split to adjust the data.
5. Enable Regular Session Only if using that option

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