Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Best is always to use the real NT Session times and set them relatve from the exchange location (e.g. EST.) That will handle time switches and you keep your PC on your local time (unless MT4 forces you to do otherwise.)
Travel Well
Can you help answer these questions from other members on NexusFi?
This is the bit you need to check in the Session Manager for the session selected in the instrument data series dialog:
It should be possible to make the data series only depend on the NT session settings (unless there is something about your data feed I don't understand), when all else fails put a shout out to Harry @Fat Tails !
MetaTrader is a Broker Software and the time settings depend on the Broker. Do you know at what time the MetaTrader trading day starts? Is the time European based or US based (daylight savings issues) ?
With NinjaTrader things are pretty simple. The FOREX trading day starts at 5:00 PM EST (New York time) and ends at 5:00 PM EST next day. You need to use the session template "FOREX" or <instrument settings>, which will draw the same template. NinjaTrader will then correctly display the 240 min bars.
The MetaTrader bars look incorrect anyhow. If you post a 30 min chart from MetaTrader with a visible time axis, I will comment it.
Yes, MT4 time depends on forex brokers. I rarely notice time information on trading software. Just use H1 chart and we know for sure this is 1 hour, 2 hours, 3 hours... ago
MT4 does not allow to select the start of the trading day. The trading day depends indeed on the time zone of the broker. I have mostly seen Cyprus time so far. Not really related to the markets, but just taken from the data servers.
With NinjaTrader you can select the start of the trading day via the session template, therefore you are more flexible.