NexusFi: Find Your Edge


Home Menu

 





Does exchange vs local time make a difference on trades?


Discussion in MultiCharts

Updated
    1. trending_up 1,065 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

Does exchange vs local time make a difference on trades?

  #1 (permalink)
pjbear22
New York, USA
 
Posts: 7 since Aug 2022
Thanks Given: 4
Thanks Received: 1

on https://time.is/, it shows my computer is .9 seconds off.
If running an algo, would setting my chart on local time (computer time)cause a difference
vs having it set on exchange time?

or is date still received the same way for both.

Thanks for any input.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
MC PL editor upgrade
MultiCharts
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Cheap historycal L1 data for stocks
Stocks and ETFs
ZombieSqueeze
Platforms and Indicators
 
  #2 (permalink)
lightsun47
Toronto, Canada
 
Posts: 357 since May 2018
Thanks Given: 492
Thanks Received: 296

The only time this might (please correct me) will matter will be when you are trading the news at the exact time of news releases.

E.g. Non farm payroll at 8:30 AM EST. If your PC time is lagging (like as of now), your trade entry will be late and you will miss the opportunity to enter the time you want to enter appropriately. Instead, if you then enter DURING the news even spike (instead of before), you will have massive slippage and terrible entries/exits and ahem... Stopouts.

Reply With Quote
  #3 (permalink)
pjbear22
New York, USA
 
Posts: 7 since Aug 2022
Thanks Given: 4
Thanks Received: 1


ok makes sense, ty. So does that mean that my charts / market data is delayed .9 seconds if my computer is? If so, I can see
having chart set on exchange time making a big difference.

Reply With Quote
  #4 (permalink)
lightsun47
Toronto, Canada
 
Posts: 357 since May 2018
Thanks Given: 492
Thanks Received: 296

I can't say 100% but from what I know, my teacher always recommends to sync your PC clocks with time.is

Do it automatically or manually, but do sync them, then check with time.is to make sure they are not lagging anymore. Google if you don't know how to.

Reply With Quote
Thanked by:




Last Updated on September 2, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts