This article discusses one of the most sought after technical analysis… Trend trading is the best and profitable forex trading strategy. Forex day trading is a fascinating and potentially highly lucrative activity,… To get the detailed information about these and other functions, refer to the Documentation at MQL4.community, at MetaQuotes Ltd. website or at the “Help” section of MetaEditor.

• The server time is not
  changed during the execution of the special function.
• It returns the current hour (0,1,2,..23) of the last known server
  time.
• Every forex trader constantly searches for the answer for this question….
• The only noticeable change that you will experience is that the Market Watch time in MetaTrader 4 will change to GMT+3 in March and GMT+2 in November.
• The time of bar opening, Time[i], does not coincide with the time of
  new tick coming, as a rule.

In March of every year, the U.S. turns their clocks 1 hour forward, this can result in an earlier market opening. In November, they do the opposite and turn their clock’s backwards 1 hour, this can result in a later market closing. When the market opens on Monday, March 9, 2015, the GMT offset in the company’s trading platform MT4 will be set to GMT+3 (DST). Unlike some other trading platforms, MT4’s time setting is fixed and it is the same for all online Forex brokers which are using the trading platform.

What is MT4 Time Zone and What Watches to Check

For example, the tick coming to the terminal at time (server) t0
results in forming a bar with the time opening equal to Time[i+2] (Fig.
143). The moment specified as the beginning of the timeframe does not
concur with moment t0, though it can accidentally concur with it, in
general. The subsequent ticks that come to the terminal within the same
timeframe (at the moments of t1 and t2) can change the parameters of
the bar, for example, maximum price or open price, but they do not
affect the time of bar opening. This is the group of functions that return the current second,
minute, hour, day, month, year, day of week and day of year for the
last known server time. The last known server time is the server time
that corresponds with the moment of the program launch (launch of any
special function by the client terminal).

Hercules.Finance is a financial education website powered by a team of Financial Specialists and IT experts, mainly introduce solutions of Forex, CFD and Commodity Investment, and a number of Payment Services. With more than 30 partnered companies all over the world, Hercules.Finance offers trusted and timely information for Investors and Users of the services. By referring to Hercules.Finance, you can find all latest News/Information, Financial Technical/Fundamental Analysis, Main/Exclusive Bonus Promotions of partnered companies and a number of Educational Materials of Finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.finance. If the current time is more than or equal to the value of Time_Cls
specified by user, then the Executor() user-defined function will be called
for execution.

Who is Hercules.Finance?

As a forex trader, you have only three things to figure… The EA timeevents.mq4 that performs some actions as soon as the specified time comes can be used as an example of usage of the above functions. The information on this website is not intended to be addressed to the public of Belgium and Japan, or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

It returns the current day of the year (1 is the 1st of
January,..,365(6) is the 31st of December), i.e., the day of the year
of the last known server time. Note that the last known server time is
modeled during testing. If you find the MT4’s time setting as very inconvenient, then you can also find a program to change the time display on MT4 to another. The bigbars.mq4
EA searches the nearest bar whose height (difference between minimum
and maximum) is more than or equal to the value specified in the
external variable Quant_Pt. The date and time of the found bar are
outputted to the window of financial instrument by the Comment()
function. The online trading system MetaTrader 4 uses the indications of two time sources – the local (PC) time and the server time.

Hercules.Finance

By using our site, you acknowledge that you have read and understand our Privacy Policy (Cookie Policy), and our Terms of Service. Unfortunately, we are currently not introducing any EAs or indicators for MT4. FXTM Brand does not provide services to residents of the USA, Mauritius, Japan (日本), Alberta, British Columbia, Quebec,
Saskatchewan, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. Oscillators are an important part of technical analysis. Technical analysis is the key to profitable forex trading.

In this example, the user-defined function puts out a
message with trading recommendations. In general, this function may
contain any code, for example, make trades, send e-mails, create
graphical objects, etc. It returns the current hour (0,1,2,..23) of the last known server
time.