[Important apology and correction] EA time restrictions are based on the "MT4 server time"!
Regarding the article titled "BIGBANG's Golden Time (9:00–11:00 AM)" that I published the other day, we received extremely valuable feedback from EA users, and I discovered a serious oversight in my own understanding.
The EA parameter settings introduced in the article (StartTime=09:00 / EndTime=11:00) will not operate in the intended Japan Standard Time (JST) if entered as is.
All EA parameters are processed based on the MT4 server time.
In common overseas configurations and Rakuten MT4 (DST GMT+3), MT4 time "09:00" corresponds to Japan time "15:00 (initial movement in European time).
In other words, if set as-is, it will start operating from the afternoon market with many traps, unintentionally.
◆ Correct parameter settings (for a GMT+3 broker with DST)
Please enter the value minus 6 hours from Japan time.
【If you want it to operate from 09:00 to 11:00 JST】
- StartTime=03:00
- EndTime=05:00
※ When switching to winter time (GMT+2), it will be minus 7 hours (02:00–04:00).
Thanks to sharp feedback from readers, I was made aware of an omission in the EA manual.
We deeply apologize to everyone who missed valuable trading opportunities.
We will promptly update and add the relevant section in the EA manual.
In system trading, the discrepancy between MT4 time and Japan time is a trap that everyone faces at least once.
By sharing my mistake this time, I hope to help everyone's safe operation management.