Are london opens always the same? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Which pair always returns to same price 11 replies

Is a candle that opens and closes at the same price bullish, bearish, or neutral? 11 replies

How can i run several platforms from the same broker on my system at the same time? 4 replies

ARE ODL AND Alpari.uk same under the same owner 9 replies

same broker,same platform but different windows 3 replies

Are london opens always the same?

  • #1
  • First Post: Oct 31, 2010 7:31am Oct 31, 2010 7:31am
hi,

i have 6 years of tick data and am trying to write code for newyork and london opens.

Are they always at 8am and 3amEST?

Or does daylight saving ever happen and there is an hour difference between ny and london?

Thanks
  • #2
  • Oct 31, 2010 7:43am Oct 31, 2010 7:43am
Quoting onemind
hi,

i have 6 years of tick data and am trying to write code for newyork and london opens.

Are they always at 8am and 3amEST?

Or does daylight saving ever happen and there is an hour difference between ny and london?

Thanks
Just re wrote my reply. London and New York open times will vary for Daylight Savings on platforms (testing, Demo and Live) over the world to corresponde with the extra hour as it begins and the lesser hours at the end. With your tick data you may need to be aware of the hour variance once it begins and ends provided that your testing has this requirement (ie London open Breakout Strats with have variances in results if this factor is not considered because testing will naturally occur at a point when the market is actually closed).

RT
  • #3
  • Oct 31, 2010 7:46am Oct 31, 2010 7:46am
Europe changed back to Standard time last night, North America next Sunday.
  • #4
  • Oct 31, 2010 8:06am Oct 31, 2010 8:06am
cheers guys

great, now i have to work out the times for the past 6 years

sounds like fun
  • #5
  • Oct 31, 2010 8:35am Oct 31, 2010 8:35am
Quoting onemind
cheers guys

great, now i have to work out the times for the past 6 years

sounds like fun
Yep that can be one of the downsides to testing a time rated system. I have done it before with Open times on London over a period of 10 years and I reckon I spent more time making sure the testing times where correct (making sure london open was actually london open and not +/- an hour) than I did compiling the actual data results lol

RT
  • #6
  • Oct 31, 2010 9:29am Oct 31, 2010 9:29am
I suppose you want to create an EA based on the london open, there is already an EA and I suppose it works good, I have not tested it personally but heard about it on the forum, just do a search on 'Simple London breakout', may be helps to save time.

my 2 pips
Kashif
  • #7
  • Last Post: Nov 4, 2010 2:13am Nov 4, 2010 2:13am
Quoting mkashifk
I suppose you want to create an EA based on the london open, there is already an EA and I suppose it works good, I have not tested it personally but heard about it on the forum, just do a search on 'Simple London breakout', may be helps to save time.

my 2 pips
Kashif
Now we have good EA but maybe he will create a perfect
0 traders viewing now