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4 hour chart.Just a question

  • #1
  • First Post: Oct 12, 2006 9:05am Oct 12, 2006 9:05am
Hi,
on 4 hour chart, what does mean the time that appears when I go on the candle with the mouse? Start time of the candle or end time? at 15:39 GMT+2 the candles on my chart showed 16:00..Not strat time,of course, neither end time because at 16:00 a new candle didn't appear.

Canados
  • #2
  • Oct 12, 2006 9:43am Oct 12, 2006 9:43am
It depends. Most of the time it is the initial time. Alsomost of the time it is at 4 am, 8 am, 12 am eastern time.
  • #3
  • Oct 12, 2006 9:48am Oct 12, 2006 9:48am
Quoting poncho
It depends. Most of the time it is the initial time. Alsomost of the time it is at 4 am, 8 am, 12 am eastern time.
ok..I agree with you but the 16:00 candle was on my charts before 16:00 o'clock
I'm confused
  • #4
  • Oct 12, 2006 9:52am Oct 12, 2006 9:52am
What charting package are you using? So I can check it out for myself. Maybe it has a different time setting so 16:00 hrs may be something else for you than what it is on the chart. If you need any help I will help happily. I use the 4 hr chart as my base time frame.
  • #5
  • Oct 12, 2006 10:19am Oct 12, 2006 10:19am
Quoting poncho
What charting package are you using? So I can check it out for myself. Maybe it has a different time setting so 16:00 hrs may be something else for you than what it is on the chart. If you need any help I will help happily. I use the 4 hr chart as my base time frame.
THANK YOU firstly

I think that it's an error of strategy builder.Their charts are not good and they are different from the other broker's chart I use.I'll uninstall it
  • #6
  • Oct 13, 2006 12:46pm Oct 13, 2006 12:46pm
I originallyhad this problem until I had to see what time zone the chart was on. Some times I go to the hour or 5 min chart in order to see the exact time. 4 hr charts usually indicate the time the candle started. Others do the same, but with the variation of having the present candle with the current on going time. This tends to be confusing. There are some free charting out there: www.cbfx.com/charts/chartsdemo.htm is pretty handy and free. Hope I was able to help you out.
Happy trading!!
  • #7
  • Last Post: Oct 13, 2006 12:50pm Oct 13, 2006 12:50pm
Quoting poncho
I originallyhad this problem until I had to see what time zone the chart was on. Some times I go to the hour or 5 min chart in order to see the exact time. 4 hr charts usually indicate the time the candle started. Others do the same, but with the variation of having the present candle with the current on going time. This tends to be confusing. There are some free charting out there: www.cbfx.com/charts/chartsdemo.htm is pretty handy and free. Hope I was able to help you out.
Happy trading!!
Hi Poncho,
many thanks for your help. Now it's ok. The problem was the broker. I hope you trading is going good. I'm testing a system that is mix of vegas 4 hour and braintrading.
Good trading

Canados
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