Hey Uprofiter! 🚀

Here’s how you can connect your DAY account to TradingView 🔎

Remember, your credentials are available on your dashboard — here’s how to find them:

1️⃣ Go to your subscriptions and select your account.

2️⃣ Click on the key icon. 🔑

3️⃣ Copy your credentials and click on "TradingView."

4️⃣ Enter your credentials in TradingView and click Log in.

5️⃣ Select your DAY account and start trading!

 

What is Rollover?

Rollover in futures trading refers to the process of moving positions from a contract that’s about to expire to one with a later expiration date. This is necessary because futures contracts have an expiration date, and if a trader wants to maintain their positions in a liquid market, they need to roll them over to the new contract with higher trading volume.

 

What happens if I don’t perform the Rollover on time?

If you don’t perform the rollover on time in futures trading, you may face:

• Lower liquidity and higher volatility, with wider spreads.

• Forced liquidation, as some brokers close positions before expiration.

• Physical delivery of the asset, in the case of commodity contracts.

• Price differences (gaps) when opening a position in the new contract.

When should I perform the Rollover?

Key rollover dates vary depending on the market, but generally follow these patterns:

• Equity Indexes (ES, MES, NQ, MNQ, YM, MYM, RTY, M2K) → Quarterly (March, June, September, December).

• Metals (GC, MGC, SI, SIL, HG) → Monthly / (PL, PL) Quarterly (March, June, September, December).

• Energy (CL, MCL, BZ, RB, NG, HO) → Monthly.

• Livestock (LE, GF, HE) → Monthly or as per specific calendar.

• Currencies (6E, 6B, 6A, 6C, 6S, 6J, 6M, 6N, 6L, 6R) → Quarterly (March, June, September, December).

Rollover usually takes place about one week before the current contract’s expiration, when the volume of the new contract surpasses that of the old one. You can check the volume of each instrument on the CME website.

Futures contracts use a month code to indicate expiration:

Example: The code for an E-mini S&P 500 contract expiring in March 2025 would be ESH25
(ES = E-mini S&P 500, H = March, 25 = 2025).

 

How to Perform the Rollover in TradingView

TradingView makes the rollover process easy through the use of continuous symbols and chart adjustments. Here’s how you do it:

1️⃣ On the platform, click the Search button (the magnifying glass at the top left of your chart).

2️⃣ A search window will open. Search for your desired instrument, open the dropdown list, and then select the correct expiration for your instrument.