Dear experienced traders,
Do you know what is the time zone for test report?
Broker time or Local time?
Thank you in advance and best wishes,
Its always broker/server time.
Thank you for your continuing support.
So if my broker have New York, London and Tokyo server, the time zone in the report should be different in three pattern?
If you use the same trading hour settings, yes you will have different results.
Your EA's trading hours must be adjusted to each server's timezone in order to trade the same market hours and produce the same results.
Time zone of the chart (open the chart M1 timeframe, move mouse to the open bar and see the time).It is about the following: GMT + [...] or GMT - [...].
The traders are trading using broker's time, living using their local time and watching economic news with GMT+0 time).
Swap is computed 5pm ET. No swap if no open orders at that time.
Only with NY+7 does the broker's 00:00 equals 5pm ET and the start of a daily bar (and H4) is the start of a new FX day.
GMT/BST brokers, means there is a 1 or 2 hour D1/H4 bar on Sunday (depending on NY DST,) and a short Friday bar. (Problems with indicators based off bars.)
GMT+2 is close but doesn't adjust for NY DST.
EET is closer except when their DST doesn't match NY's. 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.
Thank you so much, Eleni.
Thank you very much for your continuing support, Sergey.
Thank you very much, William. I have to confirm this carefully.