Not sure where best place to post this is, but I notice on my North Finance Metatrader platform daily candles start at 00:00 GMT, and on Oanda they start at 4:00 GMT. What in the world? Why 4:00 GMT?
Are daily candles subjective, in that different traders across the globe use different starts depending on timezone for their daily candles? I would think everyone would just use GMT as start, or maybe the start of the Sydney session. This seems pretty important, as it affects daily fib levels.
Are daily candles subjective, in that different traders across the globe use different starts depending on timezone for their daily candles? I would think everyone would just use GMT as start, or maybe the start of the Sydney session. This seems pretty important, as it affects daily fib levels.