Changing the chart time zone allows you to view the price action and indicator space in different time zones, which can be useful when analyzing global markets or trading in specific regions.
For example, setting your time zone to GMT can be beneficial when trading Forex pairs centered around the London session.
This is particularly useful for day traders who require real-time data within specific hours. Additionally, coordinating time zones can help in comparing assets traded in different markets simultaneously.
Overall, this customization enhances decision-making and ensures more precise trading strategies. For international traders, this feature helps in understanding market sentiment in various regions, making it easier to enter or exit positions optimally.
Lastly, the option to change time zones can be a lifesaver for those participating in markets that operate 24/5, like Forex, as it helps keep track of session opens and closes.
How to do it in TradeLocker?
Look for the time zone option on the bottom right of the chart. Click on it to find all other time zones.
Once you select the time zone, the chart will update to reflect the price action and indicate it based on this selected zone.
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