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Server Clock

Understanding Server Clock

  • The server clock refers to the time maintained by the trading server of a broker.
  • It dictates the timestamps used for trades made within the trading platforms like MetaTrader.
  • Server time is not necessarily aligned with local computer time; it is set according to the broker’s chosen time zone.
  • Brokers may adjust their server time during Daylight Saving Time, impacting trading schedules.
  • The Role of Server Time in Trading

  • Server time allows traders to synchronize their trading strategies with market hours and news events.
  • Traders relying on precise timing for entry and exit points will find server time crucial for their trading success.
  • Using trading indicators that reference server time helps maintain accuracy across trades.
  • Key Tools Related to Server Clock

  • Several trading indicators and tools have been developed to better utilize server time, such as:
  • Top Clock MT5, which displays server time directly on the trading chart.
  • Blahtech Candle Timer, effectively showing countdowns for bar formations, essential for time-sensitive strategies.
  • Clock GMT Live tool providing real-time updates on both server and local times.
  • Challenges with Server Time

  • Understanding your broker's specific time settings can be tricky, especially with varied time zones.
  • Differences between server time and local time can lead to confusion when executing trading strategies.
  • Traders often need to adjust their settings and strategies according to the timing of their broker’s server.
  • Maximizing Trading with Server Clock Knowledge

  • Knowledge of server time enhances decision making during high volatility periods, particularly when trading during overlapping market sessions.
  • Utilizing tools that keep track of server time aids in efficient resource allocation and timing of trades.
  • Traders should always verify their broker's server time at critical trading moments to ensure synchronization with market activities.
  • 📈
    Server Clock

    Easy Rating: 0/0

    MQL Rating: 4.89/11

    Ever wondered how trading could feel with a little more precision? Enter the Server Clock! This ingenious little tool boasts some serious capabilities while being resource-friendly. However, its simplicity may leave you questioning if it can really make an impact. But hey, every ...

    Release Date: 02/03/2019