Metatrader timezone confusing me! | Forex Factory

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Metatrader timezone confusing me!

  • #1
  • First Post: Edited 7:14pm Jun 30, 2006 7:02pm | Edited 7:14pm
I got my metatrader from strategybuilderfx dot com. My charts are showing every day from 0:00 to 23:59. Im reading GMT + 2, is this true?
  • #2
  • Jun 30, 2006 9:21pm Jun 30, 2006 9:21pm
That is right the time is GMT +2.



Quoting clam61
I got my metatrader from strategybuilderfx dot com. My charts are showing every day from 0:00 to 23:59. Im reading GMT + 2, is this true?
  • #3
  • Jun 30, 2006 10:47pm Jun 30, 2006 10:47pm
is there a more standard time that people use? maybe GMT?

this greatly affects candle patterns, and id rather use the view that is more standard. GMT + 2 seems kind of random. thats in the mediterranean and middle east.
  • #4
  • Jun 30, 2006 11:04pm Jun 30, 2006 11:04pm
Well, GMT+2 is the daylight savings time for mainland Europe's financial centers such as Frankfurt, Zurich and Paris.

Of course, I still perfer to be in sync with London...
  • #5
  • Jun 30, 2006 11:14pm Jun 30, 2006 11:14pm
alpari is going from 0:00 to 22:59

that seems to be GMT + 1...or I guess since its daylight savings, thats GMT?

Edit: yup!
http://wwp.greenwichmeantime.com/inf...one-summer.htm
  • #6
  • Jul 1, 2006 12:38am Jul 1, 2006 12:38am
Quoting clam61
is there a more standard time that people use? maybe GMT?

this greatly affects candle patterns, and id rather use the view that is more standard. GMT + 2 seems kind of random. thats in the mediterranean and middle east.
www.interbankfx.com uses GMT time. For EST it's -4 hours because of Daylight Savings Time.
  • #7
  • Jul 1, 2006 4:54am Jul 1, 2006 4:54am
Quoting 50weeks
www.interbankfx.com uses GMT time. For EST it's -4 hours because of Daylight Savings Time.
but is GMT standard? or is there no standard
  • #8
  • Jul 1, 2006 6:21am Jul 1, 2006 6:21am
Quoting clam61
but is GMT standard? or is there no standard
There is no standard time. It all depends on your broker. I wish InterbankFX would switch to EST, but they decided against it one day before implementation. Now, it doesn't bother me. I have made myself comfortable with GMT. For years, InterbankFX used GMT+2. I'm glad they switched to GMT.
  • #9
  • Last Post: Jul 1, 2006 8:18am Jul 1, 2006 8:18am
Clam6 GMT is pretty standard. You just have to translate it to your local time. GMT +2 is 6 hours ahead of Eastern DAYLIGHT Savings Time. When we get rid of Daylight Savings in October, it will be 5 hours ahead.



Quoting clam61
but is GMT standard? or is there no standard
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