Minute historical data not split adjusted?

[Pete S]

I think I followed the proper procedure to split adjust my historical data for RIMM. The daily chart looks OK, but the 60m chart's data is wrong. I did this:

1. Start 6.5 beta 3 for 1st time
2. Check 'split adjust historical data'
3. Load a chart of RIMM (to pull the historical data)
4. Go into instrument manager and click 'Update Splits and Dividends'

[NinjaTrader_JoshP]

Did you define the split in the Instrument Manager?

You can do this by bringing up the Instrument Manager->find RIMM->Edit->Misc tab->go to the bottom->click on Splits->Click the ... button->click New->setup the date and factor of the split.

[Pete S]

There are splits defined in instrument manager; I am assuming they were pulled from IQFeed when I pressed the Update Splits & Dividends button. The daily chart wouldn't show up properly otherwise, right?

[NinjaTrader_Ray]

Make sure under Tools > Options > Data you have the dividends and splits enabled.

[Pete S]

Yes; see step #2 of original post. Again, the daily data is properly adjusted.

[NinjaTrader_JoshP]

Hmm. Pete S I can't reproduce it on my end, but I did notice an oddity in your screenshot. RIMM's price on 8/20 is suppose to be only $230-$240 before the split. In your picture we are seeing prices of $680-$700. Thats 3x $230-240. Perhaps there was an error in putting in the split? The prices we are seeing right now seems like a reverse split.

Please confirm that the split you have setup is on 8/21/07 and the factor is 3. Also, could you try reloading your historical data (Tools->Historical Data->Reload). Thanks.

[Pete S]

Hmmm...I pulled the split data from IQFeed and the factor is set to 0.33, not 3. This is backwards, correct? It should be 3?

[NinjaTrader_JoshP]

Correct. 0.33 would be a reverse split. The proper factor is 3.