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Use 24H Instead of 1D

Feature Request

I would like to use a 24-hour (24H) timeframe instead of the 1D timeframe. Although both represent a 24-hour period, their candle opening and closing times are different, which results in different Open, High, Low, and Close (OHLC) values. This can lead to different market structures and trading signals.

Posted by cokcok cokcok ·
6 comments

Comments6

  • Stanislav Voitsekhovskyi

    Team•

    Aug 7

    Hello @cokcok cokcok,

    Thank you for your suggestion.

    Could you please clarify how you would like the 24H timeframe to work?

    For example, from which time would you like the 24-hour candle to start (UTC, New York session, London session, your project time, etc.)?

    Since a 24-hour candle can begin at different times, we'd like to better understand your expected behavior before passing your request to our developers.

    • cokcok cokcok

      •

      Aug 9

      The chart should use UTC as the reference time zone. The 24-hour (24H) candle should start at 07:00 UTC and end at 07:00 UTC the following day.

      The 24H candle should be constructed by combining the following six 4-hour candles:

      07:00 → 11:00 → 15:00 → 19:00 → 23:00 → 03:00 UTC

      These six 4H candles should be combined into a single 24H candle, with the 24H candle's Open, High, Low, and Close (OHLC) calculated from those six 4H candles.

      • Diana Zhoshko

        Team•

        Aug 10

        Hi @cokcok cokcok,

        Thank you for the explanation! It has been forwarded to our developers for consideration

      • Serhii S.

        Team•

        Aug 10

        Hi @cokcok cokcok ! Thanks for the detailed note.

        Could you explain a bit more about why this should be the reference and where exactly you’re seeing this behavior?
        Also, what broker and trading platform are you using?
        That context will help us understand the setup you’re comparing against.

        We appreciate your patience.

        • cokcok cokcok

          •

          Aug 10

          I’m mainly interested in the Open and Close price behavior of the 24-hour candle, because I want to use it to analyze the daily bias and overall market direction.

          For my analysis, I’m using XAUUSD on TradingView, with WH SelfInvest as the broker/data reference. My trading platform is MT5.

          I’m specifically interested in having the 24H candle aligned with the UTC-based structure we discussed, so that the Open and Close prices can be used consistently for my bias analysis.

          • Serhii S.

            Team•

            Aug 10

            Thanks for the clarification. We appreciate you spelling that out so clearly.