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

Created at 09 Jul 2020, 16:54
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koktos632

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 

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@PanagiotisCharalampous

koktos632
10 Jul 2020, 08:58

RE:

Thank you!


@koktos632