the pivot point values are based on the open, high, low and close of the previous day, and when i add my pivot point calculator indicator, it checks for the open high low and close of the previous 1day bar, but them time of when these bars opened and closed depend on what timezone my MT4 broker uses, sotherefore me and you can be both looking at the same EURUSD chart, add the exact same indicator but if our brokers are in different timeframes we will get our pivot points in different places. right?
what is the correct time i should be using to get the correct pivot points?
currently i live in EST and my broker is 7 hours ahead of me.
what is the correct time i should be using to get the correct pivot points?
currently i live in EST and my broker is 7 hours ahead of me.