Diff again? Adx value?

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hi

i again found the diff value for ADX indicator in mql4 & mql5 

Files:
adxdiff.jpg  130 kb
 

try to see on D1 timeframe.

if it is H1 timeframe, check if both are same time zone.

 
amir_avatar:

try to see on D1 timeframe.

if it is H1 timeframe, check if both are same time zone.

time zone???
 
haidzatul:
time zone???

if the MT4 broker uses a time zone like GMT+2 for instance, and in MT5 which right now does not have brokers so it uses your local time.

If those times differ, you will see a difference in the graphs.

You should use H1 timeframe, because the H1 has the same graph shape for all time zones (unlike H4 for instance which can be divided differently).

 

hi amir_avatar,

can you give me an example? 

 
haidzatul:

hi amir_avatar,

can you give me an example? 

hi haidzatul,

suppose this situation:

GMT time is now 13:00 PM

Your MT4 broker which is operating from a GMT+3 time zone country has the time of 16:00 PM

You are using MT5 and located in a country that it's local time is now GMT-1, ie 11:00 AM.

Now, if you check the H4 timeframe, in MT4, when current GMT time is 13:00 PM, you will see that MT4 platform has just formed a new H4 candle, at 16:00 PM. If you look at the MT5 H4 timeframe, you will see that right now, the H4 candle that began 3 hours ago, at 8:00 AM, has one more hour to complete. That means that the division of bars to H4 timeframe is not the same in different timezones. But it should be the same if you use H1 timeframe.

I hope it is more clear now. 

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