Q on Candle formation
Mouteki is supposedly used on H4 charts.
I have a question.
Seeing that brokers have different server time. And MT4 Candles are time dependent: Support appeared on Candle 3 for Broker A, but it appeared on Candle 2 for Broker B. Therefore the Support Line will be different for these brokers.
Will it greatly affect the whole thing?
For one thing, it is possible to get different "entry" points; If a broker has an "earlier" server time, the candles would appear earlier and therefore, call for an earlier entry. YET it may also be possible the its candle opened above the support line and on Broker B (being late), starts off its new candle lower than the support line already.
Hmm... this is getting confusing....
I have a question.
Seeing that brokers have different server time. And MT4 Candles are time dependent: Support appeared on Candle 3 for Broker A, but it appeared on Candle 2 for Broker B. Therefore the Support Line will be different for these brokers.
Will it greatly affect the whole thing?
For one thing, it is possible to get different "entry" points; If a broker has an "earlier" server time, the candles would appear earlier and therefore, call for an earlier entry. YET it may also be possible the its candle opened above the support line and on Broker B (being late), starts off its new candle lower than the support line already.
Hmm... this is getting confusing....
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