How to set the correct GMT and DST for your broker
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Enable the News filter, set the “Non-Farm” key-word.
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Run the back-test for 1-1.5 years on any symbol containing “USD”, timeframe M5-M15.
Modelling mode doesn’t matter, you can use Control points for faster test. -
Find the news lines on the chart (or trades arrows after MT5 test), they should fit the strongest price movement of the day.
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If they are not, correct GMT (to move all lines left or right) or DST (to move only winter or summer lines).
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Repeat until success ;)
Here I set GMT +4 and ran the first test:
Then I changed GMT to +2:
Always check both summer and winter periods, lines should fit the movements all the year!
You can use these sets to check GMT and DST:
If you experience problems with GMT and DST configuration, look for help on the community forum.