![]() For instance, if you were wanting to trade only the Asian session, and you wanted to know the best hours to trade with your system, I would keep the StartTime1 at 22.00 and optimize EndTime1 from 22 through 7, and the optimization report will detail which hours work best for my system.Ask a question Submit memes/shitposts MegaTen Take a look at our wiki-it's good! Ask questions in our weekly sticky! Want more user flair? Check out the wiki Select a session as true, and the others as false, and optimize the start and end parameters for that session. Īnother, more accurate method, is via optimization. You can find these time zone charts in our own time zone page, or at. For instance, you might want to trade a scalper only during the low liquidity Asian session, or a breakout system in the high liquidity confluence sessions (when the Asian/European sessions overlap, or when the European/New York sessions overlap). You look at the time zone charts themselves, looking for their distinct characteristics for the best possible time zones for your system. ![]() Defaulted at 21.00, the end of the New York session, the closing bell in New York. Note that the NY stock exchange does not open till 9:30 EST, or 13.30 GMT, and the first hour and half (from 9:30 to 11:00 EST, or 13:30 to 15:00 GMT) is heavy trading, lots of liquidity.ĭouble: Don’t Trade after this time. Defaulted at 12:00, the start of the New York Session in GMT, which is 8:00 EST. ![]() Note: The European Session continues till 16.00, so if you are interested in trading this session in entirety, you should have your defaults from 7.00 to 16.00.īool: Whether or not to trade the New York session.ĭouble: Don’t Trade before this time. Defaulted at 12.00 GMT, the start of the New York Session. Defaulted at 7.00 GMT, the start of the London Session, though Germany does not open till 08.00.ĭouble: Don’t Trade after this time. Note: The Tokyo session continues on for 1 more hour to end at 08.00, so if you are interested in trading this session in its entirety, you should indicate from 23:00 to 08.00.īool: Whether or not to trade European session.ĭouble: Don’t Trade before this time. Defaulted at 07.00, the start of the European Session. Sydney starts at 21.00, and Tokyo starts at 23.00 GMT.ĭouble: Don’t Trade after this time. Defaulted at 21:00, the start of Asian Session, if you include Australia. ![]() It is defaulted as off.īool: Whether or not to trade Asian session.ĭouble: Don’t Trade before this time. I’m using Primebank, and its market watch info says 2:00 am when the GMT says 23:00 PM, which means that Primebank is ahead by +3 hours, so I would indicate 3 in the manual offset.īool: Whether or not to use the time filter. If your broker’s time is behind the GMT put a negative sign in front of the number. Just write as you normally would for a positive number. If the market watch time is ahead of the GMT then your setting is a positive number. How do you determine your manual GMT offset?Ĭlick on the following link to find the GMT.įind your brokers time by seeing it displayed in your trading platform under Market Watch (the top left hand side of your MetaTrader4 platform). Now do a little math to find out the hourly difference betweem the GMT and your brokers time. Turn off during back testing.ĭouble: If AutoGMTOffset is turned off, indicate what your manual GMT offset would be. Parametersīool: Indicate if you want auto GMT offset turned on or off. It’s usable when you only want to trade in Asian Session, and/or London session, and/or New York Session. This is multi period allowance trade time filter.
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