2009.01.07 EDUCATION TIME
Posted: Wed Jan 07, 2009 4:41 pm
2009.01.07 EDUCATION TIME
Since we are trading based on SESSION OPEN TIMES, you need to understand what TIME we are talking about.
There are 3 different times:
BAR TIME - time of the current bar
SERVER TIME - time of the server
LOCAL TIME - your local time.
THEY USUALLY ARE NOT THE SAME!!
For MT4, if you want to know when the London session opens, you need to figure out that time based on SERVER TIME - NOT YOUR LOCAL TIME!!
I am on MST.
London opens at 1:00 AM local time. But it is 9:00 SERVER TIME.
NY opens at 6:00 AM local time. But it is 14:00 SERVER TIME.
I have attached the $_TRO_TIME indicator that displays the times in the upper left hand corner.
I also attached a modified version of b-clock, that counts down the time left in the current bar.
Here's a link to show you when the various markets are open:
MARKET OPENS
Since we are trading based on SESSION OPEN TIMES, you need to understand what TIME we are talking about.
There are 3 different times:
BAR TIME - time of the current bar
SERVER TIME - time of the server
LOCAL TIME - your local time.
THEY USUALLY ARE NOT THE SAME!!
For MT4, if you want to know when the London session opens, you need to figure out that time based on SERVER TIME - NOT YOUR LOCAL TIME!!
I am on MST.
London opens at 1:00 AM local time. But it is 9:00 SERVER TIME.
NY opens at 6:00 AM local time. But it is 14:00 SERVER TIME.
I have attached the $_TRO_TIME indicator that displays the times in the upper left hand corner.
I also attached a modified version of b-clock, that counts down the time left in the current bar.
Here's a link to show you when the various markets are open:
MARKET OPENS