When it comes to MT4 charts, not all brokers are created equally. But if you want to enable and use the News filter integrated in these forex robots then you have to make sure that the settings for GMT offset are correct. As can be understood, the GMT brokers have an additional trading session (i.e: Sunday) for the week. Of course, this will affect their performances negatively. Otherwise the forex robots will not be able to detect the correct time when to start or stop trading. . If you are not sure what is binary options finland the winter GMT offset of your broker you can ask. Of course, some brokers tend to offer GMT server time but exclude the Sunday candlestick in order to maintain a uniform, 5 day trading week. Typically, GMT2(3) brokers follow the GMT timings of 5PM EST as the open and close of a new days trading session. If your broker always has the same GMT offset during the whole year then set - false. In version.2 we have changed this and you have to set always the winter GMT offset! We are sure your broker will provide you this information.
Forex broker gmt offset
However, if you shift to a lower time frame, the hourly and lower charts tend to be uniform as far as the candlesticks are concerned. Market Watch or click, ctrlM to display the market watch window. ManualGMT_ Offset - This parameter value must be the winter GMT offset of your broker. GMT or GMT2 broker, which is more ideal? Daylight saving time (DST) or summer time is the practice of advancing clocks during summer months by one hour so that evening daylight lasts an hour longer. In view of this confusion, a trader might often wonder whether they want to follow the candlestick patterns on the GMT broker or the GMT2 broker. Due to trading logic of these two forex robots they don't use any time restrictions. Others may stop trading during these sessions. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.