Thread candle close times




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Thread candle close timesThread: Candle close times

Candle close times

I am a US based demo customer of FXCM, using Trade Station II and Marketscope 2.0.

I am a US based demo customer of FXCM, using Trade Station II and Marketscope 2.0.

What time does each daily candle open? I've been trying to find out myself by matching to the 4-hour candle open/close but I haven't found a clear answer.

Hi FXNoel,

As FXtrendfollower mentioned, daily candles on Trading Station charts open at 5pm New York time. That's the case regardless of what time zone you select. For example, suppose you live in London and set your time zone to UK time which is 5 hours ahead of New York time. You will see the daily candles on Marketscope open at 10pm UK time.

It's worth noting that on the MT4 platform, live accounts currently have daily candles that begin and end at midnight GMT, which corresponds to 7pm New York time. However, we have received feedback from many clients requesting that we change the time zone on our MT4 servers, so that the daily candles begin and end at 5 PM New York time. To phase in these changes, we have started by updating some of our MT4 demo servers to test that everything works smoothly, before we proceed with updating our live MT4 servers.

In the meantime, clients who wish to have charts with a New York Close on their live MT4 charts can use the free New York Close indicator available at FXCMapps

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