Cryptocurrency Q&A
What time does a daily candle close?
What time does a daily candle close?
Bianca
Mon Dec 23 2024
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7 answers
1471
I am trying to figure out the exact time when the daily candle closes. I need this information to make informed trading decisions based on the daily price movements of the market.
7 answers
ThunderBreezeHarmony
Wed Dec 25 2024
The closing time for these candles is set at 5 PM Eastern Standard Time (EST).
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Filippo
Wed Dec 25 2024
The MetaTrader 4 (MT4) platform operates on a specific schedule for daily candlestick charts.
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GalaxyGlider
Wed Dec 25 2024
EST is equivalent to GMT+2 during periods of standard time, which accounts for the time difference.
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Giuseppe
Wed Dec 25 2024
Traders rely on this consistency to plan their trading strategies and analyze market trends.
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TopazRider
Wed Dec 25 2024
These candlesticks are essential for technical analysis and provide traders with valuable insights.
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