Hi,
in a platform, when should 2, 4 and 8 hr candles open?
The official trading hrs. in FX is 17:00 hrs NY, so should all 2, 4 and 8 hrs candles open at what CORRESPONDS to 17:00 hrs new york?
It will make a difference on these timescales, I guess you will agree, no?
FXCM charts open up with NY time as default, and 8 hr candles open at 17:00 PM, 01:00 AM and 09:00 AM. I actually havent been able to change the time to EG. GMT on the charts to see if they will either:
1) Open the 8 hr candles at 17, 01, 09 GMT time ie. printing the candles with DIFFERENT OHLC
2) Open the 8 hr candles at what CORRESPONDS to 17, 01, 09 NY time, but in GMT time, ie printing the candles with the SAME OHLC, respecting the 17, 01, 09 NY candles, but just displaying them differently.
If you are using a platform, could you let me know what yours does?
Thanks!
in a platform, when should 2, 4 and 8 hr candles open?
The official trading hrs. in FX is 17:00 hrs NY, so should all 2, 4 and 8 hrs candles open at what CORRESPONDS to 17:00 hrs new york?
It will make a difference on these timescales, I guess you will agree, no?
FXCM charts open up with NY time as default, and 8 hr candles open at 17:00 PM, 01:00 AM and 09:00 AM. I actually havent been able to change the time to EG. GMT on the charts to see if they will either:
1) Open the 8 hr candles at 17, 01, 09 GMT time ie. printing the candles with DIFFERENT OHLC
2) Open the 8 hr candles at what CORRESPONDS to 17, 01, 09 NY time, but in GMT time, ie printing the candles with the SAME OHLC, respecting the 17, 01, 09 NY candles, but just displaying them differently.
If you are using a platform, could you let me know what yours does?
Thanks!