I don't think there's an option to change the platform time. Depending on the broker, each have their own time that they have set their version of Metatrader to be on and can't be changed. I could be wrong, but I think that's how it works.

Help with metatrader

The points you made above are the exact reasons why demo accounts after a certain point in your trading career are no longer usefull. You can trade like a robot all you want on a demo account, but once you flip over to a live account and you see ...

Whats the big fuss with demo vs real?!

Hi Omar, It's hard to tell if this strategy would work. There are a lot of MA crossover systems (and I mean a lot) but many of them don't really work. What you need to do is put those MAs on your chart and test out the system. (and test it on many ...

would this strategy work?

I have to agree. I'm a lot less emotional than I was back in the day. But every once in a while some of those negative emotions creep up whether it be Anger or Fear etc. The difference is now I deal with them. They won't affect how I trade. I ...

What's your negative emotion that you're most prone to when trading?

Well, in my case it didn't change. For example, on my IBFX platform before the daylight savings time change a few weeks ago, the Daily candles/bars would end at 7pm EST. But since the time changed, they now close at 8pm EST. So because it's GMT I ...

Daylight saving in MT4

Gotcha. Those are definitely some pitfalls to avoid. I think it would serve all newbies well (and some non-newbies) to check out the MM stickies here. Starting off on the wrong foot in the money management area is what blows out most people's ...

Stop placements?

Hey Bemac, I'm not sure I understand your points below. Maybe you can expand on them. For 1: I agree 110%. 2: Just to clarify on what I (and I believe vcam6) meant by toleration, is what your risk % toleration is per trade. (as far as money ...

Stop placements?

It actually stands for Expert Advisor.

Is MetaTrader worth the trouble?

Yeah, and some times straight down the toilet too.

Is MetaTrader worth the trouble?

Well this is a tough question to answer. But like you already said: "depending on your strategy and how much you can tolerate" is the most applicable advice yet not really specific. You have to figure out what a good S/L is based on your system's ...

Stop placements?

That's also true. If you plaster your system across forums, then you're asking for it. If it's like a one on one basis with someone you know, it might be a little different. Unless that person trades huge amounts of money......

Sharing hurt your method?

For me personally, I'm past the point of feeling any strong emotions one way or the other. If you're confident with your system (and in turn your trades) and your risk is something your account can manage, then nothing else matters. Looking at the ...

Poll: At what point does drawdown cause you panic?

First off, there are never any dumb questions. If you don't ask, you will not learn or receive help. To answer your question, it really depends on the system. What I mean is, some systems require you to wait for the close of the candle/bar which ...

Trading the 4 Hour Chart Means... What Exactly?

Just to add another variable to the equation, it's also important who your broker is. With some brokers trading like this would get you screwed big time. Others are more reliable, but this whole scenario is very risky.

NFP straddle......What's wrong with this idea?

You think we can make an EA out of this? It looks promising.

I Want A Good Indicator With Gbp\usd

The book Mike mentioned was Pring on Price Patterns by Martin Pring. Some very good stuff in there. Tom

james16 Chart Thread

a few more — Here are a few more monthly pins. Most JPY pairs have pins, but some look better than others. Please share your thoughts. EDIT: the EURCHF open & close are a little too far apart IMO for a good pin.

james16 Chart Thread

Monthly chart — Alright folks, since we've entered a new month here are a few monthly charts for all to have a look at. I know many people don't trade the monthlies because it's too large of a timeframe and the stops are usually big. But a few ...

james16 Chart Thread

Good point. That news release can really move this pair (it's happened to me before). I might wait until after the news.

james16 Chart Thread

What about this setup? I know some people got burned on the initial Pin bar, but now there are 2 in a row. Anyone playing this? And if you were to play this on the break, would you wait until the break of the 2nd pin, or be more conservative and ...

james16 Chart Thread