Dislikedprosper4rex,
i'm using metatrader4 demo.
in default installation what will be the right GMTOffset.
refering me to www.greenwichmeantime.com further confuses me, 'cos i will need to know the country of the server in other to do the right conversion there.
presently i'm in Japan and the time displayed in the metatrader4 is not my local time either.
is the time displayed in the metatrader4 a GMT format or local time format?Ignored
You do not need to know where your broker's server is located. You do not have to do any conversion at all.
All these are handled by the EA.
All that is required from you is to let the EA know how many hours your broker's server time is ahead/behind GMT.
To do this, go to www.greenwichmeantime.com to know what is the current GMT time. Compare it with your broker's server time at Market Watch in your demo platform. This is usually a few hours ahead of GMT.
The difference in time is the GMTOffset.
Example,
GMT time from www.greenwichmeantime.com is now 02:00.
Your broker's server time is 05:00. You can view it under Market Watch.
Broker's server time is then 3 hrs ahead of GMT. The GMTOffset is 3. Update this value (3) in your GMTOffset parameter within Properties of your chart.
Bernard
“Opportunities multiply as they are seized.” - Sun Tzu - The Art Of War