A beginners problem with MetaTrader5 - page 2

[Ekvationen]

Thanks for the responses, im glad and dumb. Pz 

[William Roeder]

• FX opens 5pm ET Sunday and ends 5pm ET Friday. Some brokers start after (6pm is common/end before (up to 15 minutes) due to low volatility.
            Checking for Market Closed - Expert Advisors and MQL5 programming forum Trading - MQL5 programming forum Swap is computed 5pm ET. No swap if no open orders at that time.

  ---

• Brokers use a variety of timezones. Their local time (with or without DST,) GMT/UTC, GMT+2, NY+7.

  Only with NY+7 does the broker's 00:00 equals 5pm ET and the start of a daily bar is the start of a new FX day.

  GMT brokers, means there is a 1 or 2 hour D1/H4 bar on Sunday (depending on NY DST,) and a short Friday bar.

  GMT+2 is close but doesn't adjust for NY DST.

  EET is closer except when their DST doesn't match NYs. Last Sunday of March and 1:00 on the last Sunday of October vs second Sunday in March and return at 2:00 a.m. EDT to 1:00 a.m. EST on the first Sunday in November.

• Non-NY+7, means the chart daily bar overlaps the start, and converting broker time to NY time requires broker to GMT to NY timezone conversions.

  ---

• If you search the web you will find differing answers. Those are all wrong (half the year) because they do not take DST into account (or that it changed in 2007 [important when testing history.])