PROBLEM: starting time for daily bars | Forex Factory

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PROBLEM: starting time for daily bars

  • #1
  • First Post: Mar 23, 2007 4:37pm Mar 23, 2007 4:37pm
I live in Fla. which is EST. In my charts, my daily bars start at 7pm est. So when the week begins, Sunday eve (5pm est) there is a small window of time for a daily bar 5-7pm and then I get a new dialy bar again. That give me 6 daily bars for the week which is not correct. Is there a way I can change the daily bars to start at 5pm est ? Also my 4 hr bars start at 7pm est as well which I would like to change.

thanks, gar
  • #2
  • Mar 23, 2007 4:43pm Mar 23, 2007 4:43pm
Who is your broker?? I use fxsol and new daily candle's form at 5pm est...you could also follow daiyfx charting which is the same time zone as fxsol and is free...just call in your order during that time period...
CRAIGSLIST BARTERING CHAMPION
  • #3
  • Mar 23, 2007 4:46pm Mar 23, 2007 4:46pm
Quoting garhardt
I live in Fla. which is EST. In my charts, my daily bars start at 7pm est. So when the week begins, Sunday eve (5pm est) there is a small window of time for a daily bar 5-7pm and then I get a new dialy bar again. That give me 6 daily bars for the week which is not correct. Is there a way I can change the daily bars to start at 5pm est ? Also my 4 hr bars start at 7pm est as well which I would like to change.

thanks, gar
Are you with IBFX?
I am, and that happens to me too and I hate it!!

I know North Finance does not have that problem(I tried demo)

I don't know how to fix this either...i've posted the same ? on several forums to no avail....I live in Richmond, VA...

Good luck
  • #4
  • Mar 23, 2007 5:11pm Mar 23, 2007 5:11pm
you can't change it. time on metatrader is determined by the server time, something you have no control over. So the daily bars will start at 00:00 server time.
  • #5
  • Mar 23, 2007 5:14pm Mar 23, 2007 5:14pm
There is no way to fix this problem, you should use a broker whose daily bar starts at 10pm GMT (5pm EST) such as FXDD
Regards
  • #6
  • Mar 24, 2007 2:54pm Mar 24, 2007 2:54pm
Everyone, thx for your input. The thing is I wish to continue using the Metatrader4 program. So do the brokers mentioned support this program ?

regards, gar
  • #7
  • Mar 24, 2007 4:10pm Mar 24, 2007 4:10pm
I am using GFX and had similar frustrations. In additions, most of the other information (announcements, financial reports, etc.) were also still timed at GMT. So, intead of indexing my charts to EST, I'm just keeping everything at GMT and if I ever need to know what the real time is, I just back up to what EST is.
Still learning to spell phorex. . . . .
  • #8
  • Mar 24, 2007 5:23pm Mar 24, 2007 5:23pm
Quoting garhardt
Everyone, thx for your input. The thing is I wish to continue using the Metatrader4 program. So do the brokers mentioned support this program ?

regards, gar
With FXDD you can use the MT4 platform.
  • #9
  • Mar 24, 2007 5:39pm Mar 24, 2007 5:39pm
Thx Sailor, I just recently noticed a thread regarding brokers who apparrently support MT4. I have a live acct w/ CMS which is presumably a broker that does support MT4. I am trying to figure out how to link the 2.

gar
  • #10
  • Mar 24, 2007 6:49pm Mar 24, 2007 6:49pm
I just reloaded MT4 under NorthFinance and it solved the issue. If I encounter a problem in the future I will load from FXDD and give that a shot.

Thx again everyone and as someone else posted recently, MAY YOUR PIPS HAVE MANY GRANDCHILDREN.....

gar
  • #11
  • Mar 24, 2007 7:08pm Mar 24, 2007 7:08pm
Quoting garhardt
I just reloaded MT4 under NorthFinance and it solved the issue. If I encounter a problem in the future I will load from FXDD and give that a shot.

Thx again everyone and as someone else posted recently, MAY YOUR PIPS HAVE MANY GRANDCHILDREN.....

gar
Northfinance now has a Sunday bar also. They changed their trading times last week.
  • #12
  • Mar 24, 2007 9:30pm Mar 24, 2007 9:30pm
So I found out. FXDD is working fine so far.....
  • #13
  • Mar 26, 2007 8:23pm Mar 26, 2007 8:23pm
garhardt.....I think you will find that MT4 with FXDD is GMT + 2hrs, i.e. 7hrs ahead of EST. The new day starts at 00:00, 17:00 EST. If you find a way of changing it to EST, please let me know. I have been informed on this forum that it is the MT4 server time and cannot be altered?? I would like to think it is possible.

johnny
  • #14
  • Last Post: Edited 12:07am Mar 27, 2007 12:07am | Edited 12:07am
Quoting yorkyjohnny
garhardt.....I think you will find that MT4 with FXDD is GMT + 2hrs, i.e. 7hrs ahead of EST. The new day starts at 00:00, 17:00 EST. If you find a way of changing it to EST, please let me know. I have been informed on this forum that it is the MT4 server time and cannot be altered?? I would like to think it is possible.

johnny
You were correct completely last month. On FXDD a new day always starts at 17:00 EST. Due to the switch to summer time in New York FXDD changed server time by one hour. This makes FXDD 3 hours ahead of GMT.
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