Great news for our MT4 traders: we are changing our MT4 server to New York close charts on Sunday 12 June 2016!
That’s right: when trading opens on 12 June 2016, our MT4’s charts will be on GMT +3 (instead of GMT +0) so our MT4 charts will contain only five daily candles per week.
Note: DST will be observed, our MT4 will display GMT +3 charts in summer time and GMT +2 charts when DST ends.
Why we change
Your wish is our command: we have been approached by thousands of traders asking us to change to NY close because this is the industry standard and most indicators, strategies & EAs are optimised for NY close charts.
Our current setup (GMT +0) produces six candles for five trading days, introducing a Sunday candle that makes price action trading & analysis more difficult.
Starting on 12 June 2016, new daily candles on our MT4 will begin at midnight for the time set on the server. By setting the server to GMT +3 (or GMT +2 when Daylight Saving Time ends), midnight on MT4 will occur at New York close, removing the 6th daily candle in our weekly charts.
Action required on your side
If you are not using an EA with a GMT offset, no action is necessary. However, if you are using an EA with a GMT offset setting, it is very important that you change the GMT offset to +3 on 11-12 June before market opens on 12 June 2016.
Updating your charts
Charts should update automatically when you open your terminal. Should your charts not update automatically, please follow the steps below:
–> Open MT4 Terminal —> File –> Open Data Folder
–> Open History Folder
–> Open Darwinex-Demo / Darwinex-Live
–> Select the former .hst files –> Right click –> Delete
Should you have any questions about the change to NY close, please do not hesitate to contact us at email@example.com.