4 hours chart shows 05:00 as the candle time.

Created at 09 Jul 2020, 16:54
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
KO

koktos632

Follow

Joined 18.01.2020

4 hours chart shows 05:00 as the candle time.
09 Jul 2020, 16:54

Hi!
The time zone is UTC (1)
The time frame is 4h (2 and 4)

What does 05:00 (see 3) mean on the chart?
I am expecting to see 04:00 or 08:00 here.

How to know what the time zone is used to calculate 4 hours candles?
How to know what the time zone is used to calculate 1 day candles?

Clarify, please.

@koktos632
Replies

PanagiotisCharalampous
10 Jul 2020, 08:31

Hi koktos632,

The reference point is the market's opening time, which is Sunday 21:00. For that time and on you should see a candle every four hours (21:00, 01:00, 05:00 etc).

Best Regards,

Panagiotis 

Join us on Telegram

 

@PanagiotisCharalampous

koktos632
10 Jul 2020, 08:58

RE:

Thank you!

@koktos632
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
cTrader Ltd offers through its group of companies the cTrader platform. The information on this website is for general informational purposes only and does not constitute financial or investment advice. cTrader does not solicit retail investors. Reliance on this information is at your own risk.