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08-16-2006, 06:23 PM
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Lost in TimeZone
I am totally confused with timezones and GMT for some of these trading systems, can someone clarify for me the following scenario:
TimeZone is stated as "Difference between server time and local time" and TimeTrade is stated as "Local time of opening orders." News from UK comes out at 4:30 AM EST [I am in New York] MIG Broker metatrader shows 10:30 AM [located in Switzerland] If want to place a trade via an EA at 4:30 AM EST, what should I specify for both TimeZone and TimeTrade? I have specified TimeZone = 5 and TimeTrade = 4:30, is this correct? By Server Time, I presume guess that's the MIG Broker time of metatrader and my Local Time difference. By Local Time, I presume that's my local time which would be 4:30 AM. Last edited by et_phonehome_2; 08-16-2006 at 06:28 PM.     
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08-16-2006, 08:03 PM
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