Converting Prop Firm Daily Reset Times to Broker Server Time
Summary
This document describes a read-only MetaTrader 5 panel for translating a prop firm’s daily account reset rule into broker server time. It compares broker time with UTC and the computer’s local clock, displays the firm’s specified time zone and reset hour, and counts down to the next reset. The central operational lesson is that daily loss tracking depends on identifying the correct reset boundary in the time system used by the account.
The panel can detect the broker server’s UTC offset or use a manually entered offset, and it accounts for daylight saving changes in supported regions. It also shows advance notice of an upcoming clock change and the resulting converted reset time. The document describes the tool’s features and inputs, not an independent validation of time-zone accuracy. It reads no account or position information and does not place orders, so it helps with timing awareness rather than risk measurement or enforcement.
Key ideas
- Daily loss tracking depends on using the account’s actual reset boundary.
- A firm’s reset time must be converted from its stated time zone to broker server time.
- Daylight saving changes can alter the conversion during the year.
- Comparing server, UTC, and local time can make clock offsets easier to inspect.
- The described panel is read-only and does not access account or position data.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.