Fibonacci Trader needs to know the difference in time between your
computer time and the time where the exchange is.
The program uses the difference in hours between your local time (computer
time) and the exchange time to calculate the correct time for each tick it
receives in real time from your real time data vendor.
When run for the first time the Fibonacci Trader will use the time zone
set in your windows operating system and update all exchange time zones.
As you start the program for the first time click File, exchanges, edit
exchanges to see if the time zones are set correctly.
Click on the NEW YORK STOCK EXCHANGE. The time zone must be 0 (zero) if
you are on EST. If you are west of the NYSE you will subtract hours. So,
if your computer time is set to the Central Time zone, the time zone
should be –1. If you computer is set to Mountain Time, the time zone
should be –2. If your computer time is set to Pacific Time, the time zone
should be -3. If you are to the East of EST then you will add hours. For
example, if you are in London you will add 5 and the time zone for the
NYSE will be +5, Germany +6, Singapore +13....
To change all exchanges at the same time click EXCHANGES on the exchanges
window menu. You will have the options.
Add one hour on all time zones -
this will add one hour to all exchanges.
Subtract one hour from all time zones -
this will subtract one hour from all exchanges.
Always check to see that the difference in hours from your computer to
New York time is correct.
is always calculated as your computer time MINUS the
time at the exchange. This way we always will use the exchange time for
opening and closing time of the symbol being tracked.
The DEFAULT EXCHANGE that comes with
the program is the NYSE. When you press the F5
key the add symbol window will open to insert symbols using the NYSE
parameters. Note that the default exchange has a drawing of a hand to
the left of the default exchange name.
the default exchange right-click on the exchange you want, a popup menu
will appear, then click SET AS DEFAULT.
You can also click on a exchange and then click on the Symbols button,
all symbols for that exchange will appear and you can add symbols for that
exchange by pressing F5.
adding symbols using the F5 function, the parameters used are defined by
the Trading Times, Default Unit, Division, Delay and Minutes to Wait after
the Close of the exchange to which you are adding symbols.
You can create an exchange if needed.
Lets create the AMEX.
Type AMEX in the Exchange Name box, type the time zone, type the Real Time
Delay in minutes if you receive delayed data.
Click the Add button.
Click on the Default Trading Time button. Type the trading times.
In this case (Monday to Friday, 9:30 to 16:00). Click OK.
Click on the Default Unit button. Select the default unit price and
Click on the Default Division that you want for this exchange. In
this case click on Stocks.
Click Exit to close the Exchanges window
Trading any market carries a high level of risk, and may not be suitable for
all investors. The high degree of leverage can work against you as well as
for you. Before deciding to invest you should carefully consider your
investment objectives, level of experience, and risk appetite. The
possibility exists that you could sustain a loss of some or all of your
initial investment and therefore you should not invest money that you cannot
afford to lose. You should be aware of all the risks associated with
trading, and seek advice from an independent financial advisor if you have
* The Views and opinions represented in the provided website
links and resources are not controlled by the Referring Broker or the FCM.
Further, the Referring Broker and the FCM are not responsible for their
availability, content, or delivery of services.
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