I have just started to use the MT4 Demo platform via GCI. I am looking at the daily pivots..ranges etc.
Does anybody know what time of the day the platform updates to give the following days say pivot levels/ranges I am based in the UK. It obviously has to wait until the market closes?
So if they use 22.00 hrs GMT? as the close..do we know when the updates take place? Is it just after 22.00 hrs? after midnight?
I hope this makes sense and apologises if this is posted in the wrong place
can anybody help in this matter?
The updates occur at 22hrs gmt.That's when the next day is beginning.So wait just after 22hrs,.But if your broker adds 1 hr to the server time and you are using indicators to get the pivots,then it depends on your brokers server time.
Basically the pivots cannot vary by more than 5 pips on all platforms.