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Wednesday, November 3, 2010

Day Light Saving Time (DST) and Trading Time

Alpari switch their Server Time Zone in relation to the completion of Daylight Saving Time (DST), which was from GMT+2 to GMT+1. The change is interesting because many Expert Advisors that work only at certain hours. Are the settings on expert advisor must follow this change? Suppose if you previously used 21-23 on VS_Eurocross EA, whether now have to use 20-22 or remain at 21-23?
Maybe if the change is simultaneously carried out by countries that implement it, then it's not too complicated. But what happened today, where the U.S. and other countries will change their Time Zone next week. And brokers are likely to apply the Time Zone to follow regulations in their respective countries. But despite the changes made at the same, the question of trading hours arrangements may not be answered.
I think for the moment, we should remain based on the DST before all nations use standard time again. So if your trading time 21-23, means you have to change to 20-22 with the assumption that your broker turn off Daylight Saving Time (DST) . If DST is disabled entirely, then we go back to Trading time 21-23. But if you are confused determine your trading time associated with the change, then the safest way is reducing the duration of your trading time. The trick is to change your Closing Time an hour earlier. So if your trading time is 21-23 then you change it to 21-22, and you do not have to worry about whether your broker to apply the Daylight Saving Time (DST) or not.

1 komentar:

warrie said...

Your article surprised me. By keeping your trading hours at DST times you actualy CHANGE your trading times compared to the rest of the world.

Just because some countries change their own time, forex isnt much affected. We are the exception and should change the offset to get in line again.

(im on alpari uk and changed the offset of my EA's)

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