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4H and Daily Candles: Open/Close

Hi guys, I’m really liking the simplicity of the interface and the ease of use.

My only issue regards the open/close times for daily and 4h candles. After doing some digging, it seems the widely recognised standard for a forex daily candle open/close is at 22:00 London/17:00 NY time (or 21:00 London/16:00 NY during Daylight Saving Time). Of course this means the first 4h candle of the day would be at this daily open time too.

I don’t know if this is a bug because there’s a “NY Close Winter Time (GMT+2)” option when creating a new project. I’ve tried selecting that option but it just puts my time zone ahead by 2 hours, without changing the daily candles’ open/close times.

I’m finding it really difficult to adjust my technical analysis from Tradingview which opens the next daily candle right at NY close.

Status: Completed4 comments

Comments4

  • Serhii S.

    Team•

    Nov 6, 2024

    Hi @User! Thank you for your kind words and for providing a detailed description of the issue. Our developers are aware of this problem and are actively working on a fix. We appreciate your patience, and we’re hopeful it will be resolved soon.

    If there’s anything more we can help you with in the meantime, please feel free to reach out.

    • Oscar Harrison

      •

      Nov 6, 2024

      Amazing, that is so good to hear! Shall be eagerly waiting for the NY close setting to be fixed - having the last daily candle at NY close will resolve the issue of that Sunday candle on the daily chart for you guys too. Win-win!! :D

      Thank you for the swift response - it’s really encouraging to see you guys so active in the support/suggestions section. FTO will be an elite tool when the bugs get figured out. Is there an estimate to when the NY daily close feature feature may be fixed?

      • Serhii S.

        Team•

        Nov 7, 2024

        Thank you so much for your enthusiasm and understanding! It’s a high-priority feature for us, and our team is actively working on it to ensure we get it right.

        While we don’t have an exact ETA at this moment, we’re aiming to roll out this update as soon as possible. We’ll keep you posted on the progress, and your continued feedback is invaluable as we work toward making FTO the best tool it can be!

  • Oscar Harrison

    •

    Nov 5, 2024

    In short, the 4h and daily candles are 2h ahead of what they are on Tradingview and many other platforms. These candlestick pattern differences are potentially harmful to the accuracy of the data being collected by users. Please could there be an option to change this? By changing the daily hours to 2h before when market opens in Sydney/Asia, this would also fix the “Sunday candle” issue I’ve seen reported on here. :)