Disliked...Anyway, a 4 h candle opens in the same time, regardless of the broker time.i.e. it opens a new 4 h candle at say 4 GMT or 00 EST or whatever time and closes it at 8 GMT 4 EST. But these 2 charts look entirely different and this is really strange.
Can anybody please explain me why if I have a sunday candle this would ruin my daily fozzy strategy? thanx.Ignored
A Sunday candle contains only a few hours' worth of data, whereas all other daily candles will contain 24 hours' worth. This lack of consistency with the candle will skew any results on indicators using this candle, for obvious reasons.