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I have been using GoMarkets MT4 as im in Australia. (http://www.gomarketsaus.com/metatrader4)
But the time on the charts isn't Australian moment? It differs so or by 8 hours. Why is this, is it altered?
Second issue I have is, it seems like they go to an excess decimel point in the price. eg. GBP/USD is 1.63731
So the last digit (the 1) is that really 0.1 of a pip?
Is this altered?
Thanks.
Thanks for the responses, beautiful.
Does anyone else thinks its pretty absurd that you have downloaded MT4 through an Australian broker and it doesn't utilize Australian time, even though they are using an over seas host you think they can filter the time.
Guess its no big deal as soon as you get use to it.
Can it be changed?:
This can not be changed.
Why?
MT4's time is server orientated. GoMarketsaus's server is GMT 2. This means that throughout Australian Winter (Northern Hemisphere Summer) the server is London Summer (daylight savings) Time and throughout Australian Summer (Northern Hemisphere winter) the server is London winter Time 2.
That is right 0.1 pip. No this can't be changed. Many brokers will probably be moving towards this because it raises their competiveness in the global market to provide better prices to people.:
Better prices to us... Why would you wish to alter it? Unless its an EA issue, attempt to use it, since it TENDS to be better for you anyhow.