How to set the correct GMT and DST for your broker

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1. Enable News filter, set the "Non-Farm" key-word.

2. 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.

3. Find the news lines on the chart (or trades arrows after MT5 test), they should fit the strongest price movement of the day.

4. If they are not, correct GMT (to move all lines left or right) or DST (to move only winter or summer lines).

5. Repeat until success ;)

Here I set GMT +4 and ran the first test:

Image 1121

Then I changed GMT to +2:

Image 1122

Always check both summer and winter periods, lines should fit the movements all the year.

Set for MT4 (CP v2.29) — CP_MT4_USD_GMTandDST_check.set

Set for MT5 (CP v2.29) — CP_MT5_USD_GMTandDST_check.set

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Sai Pratap

Sir,

Iam unable to see the news lines with the set u have provided. Plz help

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Andrey Khatimlianskyi
Quote from Sai Pratap

Sir,

Iam unable to see the news lines with the set u have provided. Plz help

In MT5 you can see these lines in visual testing mode only.

I used screens from MT4 for illustration.

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Sai Pratap
Quote from Andrey Khatimlianskyi

In MT5 you can see these lines in visual testing mode only.

I used screens from MT4 for illustration.

Ohh ok. 

Will check with visual testing.Thanks sir.

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Andrey Khatimlianskyi
Quote from Sai Pratap

Ohh ok. 

Will check with visual testing.Thanks sir.

You can analyze the trades arrows after MT5 test. They should be on the bar with max volatility.

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daniz

Pepperstone GMT DST settings:

DST: DST USA (2nd Sunday of March / 1st Sunday of November)

GMT offset: 2

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Sai Pratap

Octa FX GMT DST Settings

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Sai Pratap

Exness GMT DST Settings


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Sai Pratap
Quote from Sai Pratap

Exness GMT DST Settings


This result as per backtest.

But when I discussed with Customer care of Exness, they clarified that they don't follow DST & offset is Zero.

U may validate at ur end plz.

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Ulises Cune
Quote from Sai Pratap

This result as per backtest.

But when I discussed with Customer care of Exness, they clarified that they don't follow DST & offset is Zero.

U may validate at ur end plz.

Hello Said,

You are correct according to the documentation on the Broker's page, it is GMT +0

https://get.exness.help/hc/en-us/articles/360008766932

You would have to configure the EA in this way: