I just want to make sure I understand how I should be approaching different time zone trading. I live in South Africa which is in time zone GMT+2. I am looking into trading FESX, Z (FTSE100) and FDAX.
From what I can tell, the time shown on these charts in NinjaTrader will be my local time, correct? Is this regardless of which broker/data provider I use?
My automated strategies all use time filters, so if im back testing strategies against these instruments which are in different time zones should I be offsetting those times according to the instrument im trading?
eg: I want to back test a strategy on the Z and only trade London time 09:00 to 17:00. That means that in my back test I must set up Ninja to only trade 10:00 to 18:00 because London is one hour behind here. Correct?
It's fairly straight forward when doing discretionary trading because I know what time it is. I just want to make sure that when im coding NinjaScript strategies that im using the correct time.
thanks.
Comment