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MT4 Server Time changing to GMT+2
Thursday 30th of October 2014
On Sunday the 2nd of November 2014, the Pepperstone MT4 Server time will move one hour backwards to GMT +2 hours.
Pepperstone bases MT4 Server time on "5pm New York", the internationally recognised end-of-day in the forex markets. US Daylight Saving Time will finish this Sunday the 2nd of November 2014. With the US turning clocks one hour backwards the Pepperstone MT4 Server Time will also move one hour backwards.
How does this affect me?
The only noticeable change that you will experience is that the Market Watch time in MT4 will now be set at GMT+2. This might not affect your trading at all - however, depending on your timezone, this may cause the market to open hour later on Monday. The MT4 server time will still open at 0:00 on the charts.
What action must I take?
If you are using an EA with a GMT offset setting, then you must change the GMT offset to +2 prior to the market open on 2nd of November.
If you do not use an EA with a GMT offset, no action is necessary.