Step 1: Find out current UK or London time by clicking HERE. Forget about World time or UTC/Zulu time. We want UK time ONLY.
Step 2: Now count how many hours and minutes until 06:30 a.m Local London time.
Step 3: Write that number down on a piece of paper.
Step 4: Now open your Meta trading platform or whatever platform you use to trade.
Step 5: Switch your chart time to the 1hr time frame so you can count the bars in hours.
Step 6: Now look at your notes and use that number and count how many bars on your chart from NOW to that time and add 30 minutes.
Now you know what to put in your settings for the START/END time for FMT.
Example: Lets just say you go to the link above and current London time is 01:00 a.m
How many hours and minutes till 06:30 a.m.?(writing that down, 5 and 1/2 hrs)
Now go to your chart and look at CURRENT BAR time, oh it says 23:00, now I add 5 and 1/2 hrs. =04:30 chart time.
BINGO, that's my new time setting for the next several months.
If your broker/server moves with UK time then you never have to change it. Only those annoying servers that move at a different time or don't move at all with the time change is the ones you have to worry yourself with.
Hope that helps. 😉
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If the World Clock London time shows 1:24 PM and broker time shows as 2:24 PM, then your broker is one hour ahead of London time.
This means that FMT time with your broker is 07:30
Gumrai and everyone else.....a big thank you!!
Lets cross our fingers that FMT continues on in this winning streak.
PGPB
with 3 separate GU charts with FMT EA set at 3 different start times and 3 different magic numbers.
..:cheesy:
Re: Hidden TP/SL
I don't...on Mark's reccomendation. But then, I'm pretty happy with my broker Alpari US. I believe with some dealing desk brokers you might, at least, feel better using the feature.😉
I don't...on Mark's reccomendation. But then, I'm pretty happy with my broker Alpari US. I believe with some dealing desk brokers you might, at least, feel better using the feature.😉
uberpips
Member
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- 0
Hello Fellow Escapees:
After some time reviewing FMT, on this morning today I went live. So far, I've racked up a tidy +37. While using basic standard recommended settings 35 tp, 40 sl, 20, I'm still scratching my head wondering why my demo account with the same broker fired off a trade at 6:00am UK, while with my live account entered this morning's trade @6:30am UK at the normal time.
Anyways, I'm glad to have found Mark's FMT and fellow escape artists on this journey towards freedom and independence. I'm making this log entry not for my own self esteem but as part of my personal journal of professional development.
Thanks Mark.
Happy trading...
After some time reviewing FMT, on this morning today I went live. So far, I've racked up a tidy +37. While using basic standard recommended settings 35 tp, 40 sl, 20, I'm still scratching my head wondering why my demo account with the same broker fired off a trade at 6:00am UK, while with my live account entered this morning's trade @6:30am UK at the normal time.
Anyways, I'm glad to have found Mark's FMT and fellow escape artists on this journey towards freedom and independence. I'm making this log entry not for my own self esteem but as part of my personal journal of professional development.
Thanks Mark.
Happy trading...
Re: Hidden TP/SL
:drunk:
In the EA settings, set your "Broker" profit target and stop loss, and your "Hidden" TP/SL to the same settings.
:drunk:
In the EA settings, set your "Broker" profit target and stop loss, and your "Hidden" TP/SL to the same settings.
michaelhryu
Junior member
- Messages
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Alpari US?
Thank you in advance!
How do you like trading FMT on Alpari US' platform, please? I am considering opening a live account with Alpari US myself. What are Alpari US' spreads on GBPUSD during the FMT trading time? What about their EURUSD spreads in general?
Thank you in advance!
jabu99
Established member
- Messages
- 524
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- 1
c'est vrai
we started trading about 1/2 hours ago.
tycomaster
Newbie
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thanks =)
Thanks for reply. I think every pip counts and if you getting a tighter spread you could move your TP=36. I have notice with IG Index that very seldom has there been slippage and I wonder if this is the reason for the higher spread?
Is it cheaper to trade with a currency broker like Alpari UK than with a spread betting company in general?
