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Why does the timing of the beginning & ending of 4-hour chart candlestick not match up with Eastern Standard Time?

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rd122481
26
rd122481  

Right now it is 12:09 am. The most recent candlestick that I show on my 4-hour chart shows that the candle started at 4:00 am. It is not even 4:00 am in my time zone yet?! What the heck?!

Alain Verleyen
Moderator
31204
Alain Verleyen  
rd122481:

Right now it is 12:09 am. The most recent candlestick that I show on my 4-hour chart shows that the candle started at 4:00 am. It is not even 4:00 am in my time zone yet?! What the heck?!

Your charts are based on the server time, not local time. Server time is the time used by your broker.
rd122481
26
rd122481  
Oh...okay. Is there any way that I can change over to a server that runs on EST? I am currently using MT5 connecting to the Demo server.
Alain Verleyen
Moderator
31204
Alain Verleyen  
rd122481:
Oh...okay. Is there any way that I can change over to a server that runs on EST? I am currently using MT5 connecting to the Demo server.
You have to find a broker who used EST time, but I don't know one, sorry.
Simon Gniadkowski
Moderator
18004
Simon Gniadkowski  
rd122481:

Right now it is 12:09 am. The most recent candlestick that I show on my 4-hour chart shows that the candle started at 4:00 am. It is not even 4:00 am in my time zone yet?! What the heck?!

This is why H4 and D1 are bad timeframes . . .
rd122481
26
rd122481  
So I understand that I need to find a Broker/Server who's timezone is EST. Once I do that, do I just uninstall my copy of MT5 and DL a new copy from that specific broker's website?
Alain Verleyen
Moderator
31204
Alain Verleyen  
rd122481:
So I understand that I need to find a Broker/Server who's timezone is EST. Once I do that, do I just uninstall my copy of MT5 and DL a new copy from that specific broker's website?
Yes
rd122481
26
rd122481  

Thank you. :-)

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