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MT4 broker with New York time

  • #1
  • First Post: Nov 2, 2007 12:25am Nov 2, 2007 12:25am
Hi,

Do you know about any mt4 brokers that have their platforms running in the New York time (Eastern Standard).

Thanks
  • #2
  • Nov 2, 2007 1:11am Nov 2, 2007 1:11am
UGMFX uses EST time on charts, as a result however, its daily candle closes at midnight EST (and gives a false Sunday candle).

FXDD uses the standard 17:00 EST for the daily candle close, as a result however, time displayed on the intraday chart doesn't match local time (ex. 01:00 on chart = 18:00 EST).

Blame the limitations of MT4 for such hassles..
  • #3
  • Nov 4, 2007 2:09pm Nov 4, 2007 2:09pm
well, I downloaded this platform but the time is 5 hours ahead comparing to ET. Eg. I am sitting on 3 pm ET and the charts are on 8 pm....

There was a broker that offered ET on charts... but they are going out of business from what I can tell.... so the charts will be gone soon....
  • #4
  • Nov 4, 2007 2:38pm Nov 4, 2007 2:38pm
Quoting crucian
well, I downloaded this platform but the time is 5 hours ahead comparing to ET. Eg. I am sitting on 3 pm ET and the charts are on 8 pm....
Which broker demo server did you try?

Quote
There was a broker that offered ET on charts... but they are going out of business from what I can tell.... so the charts will be gone soon....
UGMFX working fine for me...
Attached File(s)
File Type: zip UGMFX-Demo.zip   < 1 KB | 788 downloads
  • #5
  • Nov 5, 2007 7:44am Nov 5, 2007 7:44am
UGMFX - demo
  • #6
  • Nov 5, 2007 11:41am Nov 5, 2007 11:41am
Quoting crucian
UGMFX - demo
How do you know that they're supposedly going out of business soon?
  • #7
  • Nov 6, 2007 7:44am Nov 6, 2007 7:44am
Just to clarify... I tried UGMFX demo but the times do not show up in ET zone.

Speaking about the broker that I think is going out of business....

Well, I have a live account there. My funds are frozen since July, which means that I can't get my funds back. Their platform stopped working on Friday (last week). On top of that I am getting emails from them that case went to the court and here is the copy of the email (looks like another Refco)
The sad part is that on their web site, they are still accepting new applications for live accounts... Lots of people are going to be sorry for giving them a try....

The email:
1. If the Swiss fail to get the Lutz Report in the hands of the Courts and Counsel by 10/26/2007 (last Friday), then Judge Allan Van Gestel can order an immediate receiver appointed. This process will likely not be quick at getting our money back in our accounts. There is a chance at a percentage loss.

3. If the Swiss file a bankruptcy proceeding in Switzerland and a subsequent one in the USA federal court system by 11/12/2007, the case would go thru federal bankruptcy proceedings. That timeframe will also be lengthy and the percentage of funds returned to account holders still unknown.

4. If the Swiss fail by the 11/12/2007 date to comply with the Courts order and file any proceedings, then the Judge has so ordered he will also assign a receiver.

Attention Canadian clients:

For those of you who are Canadian, bankruptcy proceedings in the United States can be time consuming and costly and will cut in to our eventual settlement amount. I work in a bankruptcy office here in Vernon . The rules and procedures in Canada are quite different from the United States , however, I did ask one of the trustees in our office if he could comment and advise us and he is willing to do so. I am currently preparing a printed package with all of the details for him to review.

My personal disclaimer: I am not an attorney. Nor am I liable for any errors or misquotes. We are each responsible to do our own due diligence which may include hiring legal representation in this matter to try and protect ourselves and our assets held in Bank of America, Boston.

As a concerned account holder, I am exercising my rights to freedom of speech by sharing this with all of you. I encourage everyone to stay involved in whatever way you can!

I will continue to share information as it becomes available.

Charlie Veaudry
Vernon, British Columbia
Phone: 250-558-0020
  • #8
  • Apr 3, 2009 6:38am Apr 3, 2009 6:38am
I stheir any broker with newyork candle midnight candle close. Would be great if you guys know of one during newyork....

?
  • #9
  • Apr 3, 2009 5:22pm Apr 3, 2009 5:22pm
Quoting crucian
Just to clarify... I tried UGMFX demo but the times do not show up in ET zone.
Sorry for the late reply to this, I did check UGMFX and it still works, and it does use the ET zone on the charts.

Quoting Shermenator
I stheir any broker with newyork candle midnight candle close. Would be great if you guys know of one during newyork....?
UGMFX, forex.com, MBT.
  • #10
  • Apr 4, 2009 4:27pm Apr 4, 2009 4:27pm
Quoting Trader KGB
Sorry for the late reply to this, I did check UGMFX and it still works, and it does use the ET zone on the charts.


UGMFX, forex.com, MBT.

Thanks mate but I dont think I asked the question correctly the first time. Do you know of a broker that the daily candle close is at midnight new york time?
  • #11
  • Apr 4, 2009 4:36pm Apr 4, 2009 4:36pm
Quoting Shermenator
Thanks mate but I dont think I asked the question correctly the first time. Do you know of a broker that the daily candle close is at midnight new york time?
Yes, those 3 I mentioned all have a daily close at midnight ET.
  • #12
  • Apr 4, 2009 4:45pm Apr 4, 2009 4:45pm
Quoting Trader KGB
Yes, those 3 I mentioned all have a daily close at midnight ET.
Thanks ...I just downloaded the metatrader Forex.com offers but they are not est candle closes ....I will try the rest
  • #13
  • Apr 4, 2009 5:26pm Apr 4, 2009 5:26pm
Quoting Shermenator
Thanks ...I just downloaded the metatrader Forex.com offers but they are not est candle closes ....I will try the rest
It definitely is EST, I just tried it. Look
  • #14
  • Apr 4, 2009 5:31pm Apr 4, 2009 5:31pm
Quoting Trader KGB
It definitely is EST, I just tried it. Look

IF you look at my falowing picture that is how te daily candle is supposed to look like . The thing is that the broker Itrade fx their server falls alot .

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 24 KB
  • #15
  • Apr 4, 2009 6:29pm Apr 4, 2009 6:29pm
Quoting Shermenator
IF you look at my falowing picture that is how te daily candle is supposed to look like . The thing is that the broker Itrade fx their server falls alot
A daily chart doesn't show when the candles close..

If you look at the one I attached, the server time was clearly EST (given how the chart ended at 17:00 yesterday, hence the period separator/daily close was at midnight).
  • #16
  • Apr 4, 2009 6:43pm Apr 4, 2009 6:43pm
Quoting Trader KGB
A daily chart doesn't show when the candles close..

If you look at the one I attached, the server time was clearly EST (given how the chart ended at 17:00 yesterday, hence the period separator/daily close was at midnight).
In any server what ever the daily candle close is it will always be identified as the 0 candle . But it is not actually 12 am est when they close. The picture I showed is a broker that I know for a fact the candle closes at mignight my time . And Forex.com candle dont look anything like them but instead look exactly like Interbanks. Meaning their daily cnalde close is at 7 pm or 8 pm something likt that.
  • #17
  • Apr 4, 2009 7:09pm Apr 4, 2009 7:09pm
Quoting Shermenator
In any server what ever the daily candle close is it will always be identified as the 0 candle . But it is not actually 12 am est when they close. The picture I showed is a broker that I know for a fact the candle closes at mignight my time . And Forex.com candle dont look anything like them but instead look exactly like Interbanks. Meaning their daily cnalde close is at 7 pm or 8 pm something likt that.
Listen son, I mean this as politely as I can: your vision is almost as atrocious as your spelling, please get some glasses and head back to school. I'm 100% serious, it's for the better.

And for the record, the picture I posted of forex.com shows a midnight EST close. If you don't know how to interpret that, then you shouldn't be trading. Lastly, a 5pm EST close is what the industry uses, so a midnight close is not what you should be looking for anyway.
  • #18
  • Apr 4, 2009 7:24pm Apr 4, 2009 7:24pm
Quoting Trader KGB
Listen son, I mean this as politely as I can: your vision is almost as atrocious as your spelling, please get some glasses and head back to school. I'm 100% serious, it's for the better.

And for the record, the picture I posted of forex.com shows a midnight EST close. If you don't know how to interpret that, then you shouldn't be trading. Lastly, a 5pm EST close is what the industry uses, so a midnight close is not what you should be looking for anyway.

No class...thanks either way
  • #19
  • Apr 5, 2009 9:33pm Apr 5, 2009 9:33pm
Quoting Shermenator
No class...thanks either way

With that level of English, he'd get a job over at Dukascopy in no time.
  • #20
  • Apr 6, 2009 12:00am Apr 6, 2009 12:00am
Quoting fxterrapin
With that level of English, he'd get a job over at Dukascopy in no time.

Lol I am a fulltime trader mate ...
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