Confusion about (past) timezone in MT5 charts

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Florin Ionesko
944
Florin Ionesko  

I bumped into this, when I wanted to find the exact time of the EURUSD's low, 7 jun 2010, 3:00 (currently displayed time on 1H chart)

 

Some facts first:

0. I live in GMT+2 timezone. I am talking about access.metatrader5.com:443 demo server. 

1. in the past, MT5 displayed times in GMT+1

2. now, since I don't know when, MT5 displays times in my personal timezone, GMT+2, which is nice btw.

3. I don't know when the transition happened exactly from point 1 to point 2, from GMT+1 to GMT+2

4. I don't know if all times in the chart were changed when the transition happened from GMT+1 to GMT+2

 

Ok, so I grabbed some historical prices, 1 minute data, from dukascopy, histdata, and gaincapital.

All 3 sources suggest the low happened at 1:58 GMT, 7 june 2010 => 3:58 GMT+1 => 4:58 GMT+2

MT5 displays 3:00 in hourly = 3:58 => MT5 displays GMT+1 for 2010 (point 1, old style)

But for 2015 it displays GMT+2.

 

What is happening here? Because it doesnt feel right at all.

Can anyone bring more light into this? 

 

Florin Ionesko
944
Florin Ionesko  

clarification about point 4: when the change in timezone happened, no adjustments were done to past datetimes, that's for sure.

I still don't know the exact day when timezone change happened.  

Florin Ionesko
944
Florin Ionesko  

After quite some time, spent on searching this mysterious date (kind of disappointed with mql5 devs, for their unwillingness to post this fact, for such long time)

It seems it's 24 november 2014

Since, 24 nov 2014, default timezone moved
from Europe/Berlin (gmt+1) 
to Europe/Bucharest (gmt+2) 

nightvision04
7
nightvision04  

How in the world is this not more visible?


What a nightmare.

Florin Ionesko
944
Florin Ionesko  
nightvision04:

How in the world is this not more visible?


What a nightmare.

Yup. Its a mess still. Apparently, time component is not important for metaquotes :p 

In my mind, time component is more important anyway. I would provide also calendar time, on all timeframes, even if it would appear as long blank spaces on intraday charts, seeing entire weekends and holidays, as empty spaces. But it would help to calculate or measure easily how many hours are between 2 events. Also you would see gann angles on calendar time. 

I could add many things to this List of mini improvements for research. 

But, after my history with metaquotes, their focus is not on research aspect, and i get it, they need money, which they get from brokers. 

So i guess only requests from brokers would have weight, not request from little ants like u and i. 

:d
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