I want to know the exact time when the daily candle changes. I'm trying to understand the
market trends and need to know when the new candlestick begins so I can plan my trades accordingly.
5 answers
Claudio
Thu Dec 19 2024
Specifically, the daily candles on MT4 close at 5 PM Eastern Standard Time (EST), which corresponds to GMT+2. This timing is essential for traders to plan their trading strategies and analyze market movements.
Martina
Thu Dec 19 2024
For traders who are not familiar with the EST time zone, it is important to convert the time to their local time zone to avoid any confusion.
GinsengGlory
Thu Dec 19 2024
In addition to the daily candles, MT4 also offers other time frames such as hourly, 4-hourly, and weekly candles, which can provide traders with more detailed insights into market trends.
Giulia
Thu Dec 19 2024
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Filippo
Thu Dec 19 2024
The timing of the daily candlesticks' opening and closing on the MetaTrader 4 (MT4) platform is a crucial aspect for traders to understand.