Date difference on D1 M1 TF

Created at 29 Oct 2021, 13:18
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zytotoxiziteat

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Joined 04.08.2021

Date difference on D1 M1 TF
29 Oct 2021, 13:18

Hello guys, I have this problem with the date difference in my cTrader dependeing on the timeframe I use.

When I open a D1 chart e.g. USD/JPY and pick the most recent high of 114.700 it says wrongly 19.10.2021 on my chart, where it should be the 20.10.2021.

But then when I "zoom" into the M1 timeframe and go back to exactly the same high it shows me the correct date 20.10.2021.

How come there is a difference?

I live in Germany and checking the UTC was correct +2, if that matters.

 

Thank you!

 

 

 

@zytotoxiziteat
Replies

PanagiotisCharalampous
01 Nov 2021, 09:18

Hi zytotoxiziteat,

There is a difference because the D1 candle opens on the 19/10 and colses on the 20/10. The high peak happens on the 20th but the D1 candle displays the opening time. If you don't want your candles to span through two days, just use UTC+3.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

@PanagiotisCharalampous

zytotoxiziteat
01 Nov 2021, 10:17

RE:

PanagiotisCharalampous said:

Hi zytotoxiziteat,

There is a difference because the D1 candle opens on the 19/10 and colses on the 20/10. The high peak happens on the 20th but the D1 candle displays the opening time. If you don't want your candles to span through two days, just use UTC+3.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

Thank you verfy much.

@zytotoxiziteat

zytotoxiziteat
03 Nov 2021, 12:48

Is there a reason why it is adjusted to UTC+3 or just randomly picked?

Thank you 

@zytotoxiziteat

PanagiotisCharalampous
03 Nov 2021, 12:52

Hi zytotoxiziteat,

Neither of the two. Markets open on Monday 00:00 UTC+3, so we take it as a starting point for our daily bars.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

@PanagiotisCharalampous

zytotoxiziteat
03 Nov 2021, 13:11

RE:

PanagiotisCharalampous said:

Hi zytotoxiziteat,

Neither of the two. Markets open on Monday 00:00 UTC+3, so we take it as a starting point for our daily bars.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

Makes no sense to me why the markets are not opening rather on Monday at 00:00 UTC+0

 

@zytotoxiziteat

PanagiotisCharalampous
03 Nov 2021, 14:16

Hi zytotoxiziteat,

Markets open based on trading sessions and not based on UTC time.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

@PanagiotisCharalampous
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