Checking the time change on the server due to daylight saving time transition
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. This script functions as a utility program designed for specific, one-time execution tasks. It is utilized to perform targeted actions, such as closing all open orders, managing chart objects, or executing custom administrative commands on demand.
How to Setup and Use Checking the time change on the server due to daylight saving time transition
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
Description & Settings
Unfortunately, I found that some brokers The time change on the server is a bit incorrect, which I did not expect. and which surprised me very much. Here is a script that anyone can use to check their broker. A FOREX session lasts exactly 120 hours: from Sunday 5:00 pm EST (North America) or EST to Friday 5:00 pm EST. The problem arises because of daylight saving time and winter time, which do not occur on the same Sundays in different regions of the world. In the US, for example, the changeover occurs on the second Sunday in March and the first Sunday in November. which also affects the start and end of the FOREX session. The EU will submit its annual report on the last Sunday in March, after the US, and in the last Sunday in October, i.e. in the US (see chronology above). This creates a transitional phase in which the US and EU have a different Time difference than the usual 5 hour difference. hours (London), 6 hours (Frankfurt, CET) or 7 hours (Cyprus, EET). At the same time, this change in time difference should be reflected in The timestamp of the first and last hour of a FOREX session has been changed. Thus, if a FOREX session starts at 00:00 (EET, MQ time) on Monday, it should After this change, time in the USA will start one hour earlier, i.e. on Sunday.i.e. on Sunday at 23:00. and ends one hour earlier on Friday, at 23:00 (or 22:59:59). But unfortunately I had to realise (and with this script everyone can do it themselves) Broker Rating), which is available on MQ demo account and on some real brokers' accounts the first hour always(!) appears on Monday at 00:00, but the last hour as expected on Friday at 23:00 (or 22:59) or one hour earlier. So, the first hour is missing. FOREX session for a trader or advisor to react to weekend events. In addition, the end of a FOREX session can no longer be determined by simply adding 120 to the first hour of a FOREX session, for example, to close all positions before the weekend. This script now checks if the broker's time has changed in the past and logs all FOREX sessions that are clearly odd or do not last 120 hours. No logging is done between If 120 hours have passed between the first and last hour of a FOREX session. At the end, the script displays the last timestamp received, the number of abbreviated session periods found, and the approximate number of years taken into account.
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