How do you adjust the time zone in mt4?
With no central exchange and different brokers setting the start of day at different times, peoples daily and four candles are not the same.
As I type this it just gone 17:00 our time. By my brokers time is 09:00 and the current 4hr candle commenced 1 hr ago at 08:00. The daily candle started 9 hrs ago at 0:00 which would be 08:00 our time (AEST), which is the start of our day. But as the OP alluded to, traders in the northern hem. would be looking at different candles.
With no central exchange and different brokers setting the start of day at different times, peoples daily and four candles are not the same.
As I type this it just gone 17:00 our time. By my brokers time is 09:00 and the current 4hr candle commenced 1 hr ago at 08:00. The daily candle started 9 hrs ago at 0:00 which would be 08:00 our time (AEST), which is the start of our day. But as the OP alluded to, traders in the northern hem. would be looking at different candles.
