What Is Mt4 Time Zone
Timezone indicator indicator for metatrader 4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
What is mt4 time zone. The time doesn t follow specific country s time though it follows the market closing time of ny exchange market. The time zone of this time stamp is specific to the broker s server time. Metatrader 4 is one of the best forex trading platforms on the world and it s offered by the majority of brokers nowadays but sometimes you ll find some problems with the platform such as displaying your local time instead of broker server time if your local time is different than broker server time unfortunately till now there is no straightforward way or a configuration option to easily.
For any updates or more details please make sure to follow fxtm s news in the official website. As the time on mt4 and mt5 are set to gmt 2 gmt 3 on dst daylight saving time in ny 00 00 on mt4 and mt5 is adjusted to the market closing time of ny exchange market. If you are trading manually it may not be such a big issue but if you trade using indicators and eas it may cause minor issues because of the differences in data.
Most mt4 brokers now have switched to gmt 3 as their time zone and in general most of them have fixed the issue of sunday candles. As the server time mt4 mt5 time zone changes trading hours of some financial instruments will be also updated temporarily. Time in mt4 is shown as eastern european time eet.
During daylight saving time eet is 3 hours ahead of greenwich mean time gmt 3.
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