ok got that, but how do you know which offset is right for each broker?
I mean in MT5 in demo account is uses default time showcased.
Currently i trade with prop firm using external Broker Purple Trading for instance i've found the following for MT4.
GTM is +3
Do i have to adjust to my local time zone as well or would this be enough to adjust in the indicator offset?
I used the forest factory calendar for checking with the news time on the chart
@fifeivkbdedwcf
Adjust the time zone at the website such that your highlighted time is the same as that of your MT4/5 (current time). Then adjust the parameter of indicator time zone such that the news time is the same as that on the website.
Be aware to calibrate once or twice a year whenever there is seasonal time zone change.
See if you can get it.
ok got that, but how do you know which offset is right for each broker?
I mean in MT5 in demo account is uses default time showcased.
Currently i trade with prop firm using external Broker Purple Trading for instance i've found the following for MT4.
GTM is +3
Do i have to adjust to my local time zone as well or would this be enough to adjust in the indicator offset?
