Broker server time (chart time)Beginner
The clock your broker's platform uses for candles. Many forex brokers use New York close + 7 (UTC+2 in winter, UTC+3 in summer) so that each week has exactly five daily candles.
What it means
On a broker set to New York close, the daily candle opens at 17:00 New York time, which shows as 00:00 on the chart. That gives five clean daily candles a week and no small Sunday candle.
If your platform shows a different clock from your own, a killzone you read as 08:00 may sit at 15:00 on the chart. Check what the platform says the time zone is, or compare one known event (the 08:30 New York data release) with where it prints on the chart.
Daily highs and lows, previous day high and low, and daily candle patterns all depend on where the day starts. A backtest on a chart with a different day start can give different levels and different results.
How to spot it
- Find a big 08:30 New York news candle and see what time the chart labels it.
Common mistakes
- Comparing daily levels from two platforms that start the day at different hours.
Asian, London and New York sessions and the ICT killzones, with exact times in New York and London time, daylight saving notes and test rules.
Related terms
What a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.