IC Markets Metatrader 4 & 5 server time is based on 5 pm New York. It doesn’t really matter what timezone your broker is unless you’re trading the 4h chart and above, where different brokers would report different closes, and thus different signals will be given.This change is to reflect the US Eastern Standard Time change taking place on the 5th of November, 2017. You need to change brokers if you want to switch timezones. It is based on your broker. You can’t change the timezone of your Mt4.Can I change the time zone in MetaTraderIn order to put real-time data into Excel you need to run the RTD Add-On. Can I change the base currency of my account. This is where the Server Time is based on.Can I change my account type It is not possible to change. The Time Zone indicator retrieves the time from the server. But sometimes you’ll find some problems with the platform such as displaying your local time instead of broker server time if your local time is different than broker server time.Unfortunately till now there is no straightforward way or a configuration option to easily.This includes the location of the display which can be modified on the “Corner” variable. It then highlights the market and its time whenever the time displayed falls within the market’s open and close time.This indicator allows for some aesthetic modifications. To do this, the indicator also has preset market hours for each market. This may be due to the fact that some trading systems (indicators or experts) show the best results on other timeframes that differ from those offered in MT4.For example, if you are in a time zone which is UTC+8, then you should modify the Time Zone variable to 8.As for the New York, London, Tokyo, and Australian time, the indicator has a preset number of hours that would be added to the Home Time or Local Time to adjust for the differences on time zones.The indicator also highlights the market that is open with color red. Once MT4+ Excel RTD is running, you can use the following formula in Excel to insert a real-time feed of account, ticket, or price data:The Home Time can be modified by the trader by changing the Time Zone within the indicator’s settings.Sometimes, it becomes necessary to change the standard timeframe of the MT4 platform to a different, custom one. The Add-On will report all the symbols which are included in the MT4 MarketWatch.
Open a buy order whenever there is a bullish momentum is developing during the early hours of that trading session. Buy Trade SetupWait for the opening time of a major market while trading the currency used in that market. Trade entries should not be based on this indicator, but instead it should be used in conjunction with other trade setups. How to Use the Time Zone Indicator?The Time Zone indicator should be used only to time the open and close of a major market. Free rap sample packIt does not provide trade entries or trade setups. Set the stop loss above the entry candle.The Time Zone indicator is not a trend following indicator or a momentum direction indicator. Open a sell order whenever there is a bearish momentum is developing during the early hours of that trading session. ![]() Indicator Time Zone Indicator for MT4.mq4 is available on your ChartHow to remove Time Zone Indicator for MT4. Right click on Time Zone Indicator for MT4.mq4 Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client Select Chart and Timeframe where you want to test your MT4 indicators
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