Hello everyone,
I'm using Metatrader on an FXDD demo account. The system I am testing requires that I wait until the end of a candle for entry... but--unless I'm going crazy--it seems the candles don't begin anew at consistent times.
I have figured out enough to realize that the broker's time seems to correspond with GMT. For example, it is currently almost 13:00 EST (17:00 GMT), and the current candle on my H4 chart is the 16:00. I would take this to mean that this candle started at 16:00, but I swear it's been on my charts longer than an hour.
Maybe I am going crazy. But if someone could straighten me out (feel free to call me dumbass, newb, etc.) I would appreciate it.
-J
I'm using Metatrader on an FXDD demo account. The system I am testing requires that I wait until the end of a candle for entry... but--unless I'm going crazy--it seems the candles don't begin anew at consistent times.
I have figured out enough to realize that the broker's time seems to correspond with GMT. For example, it is currently almost 13:00 EST (17:00 GMT), and the current candle on my H4 chart is the 16:00. I would take this to mean that this candle started at 16:00, but I swear it's been on my charts longer than an hour.
Maybe I am going crazy. But if someone could straighten me out (feel free to call me dumbass, newb, etc.) I would appreciate it.
-J