Different timeframes of the same day did not match the Low

Created at 03 Dec 2024, 06:24
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ftii

Joined 13.11.2023

Different timeframes of the same day did not match the Low
03 Dec 2024, 06:24


How is it that Low candles on different timeframes of the same day DO NOT COICH AT ALL!?? How to build a strategy if the gap between them is 20+ pips?!


@ftii
Replies

PanagiotisCharalampous
03 Dec 2024, 07:48

Hi there,

Can you please explain the issue a bit better? I am not sure what I am looking at.

Best regards,

Panagiotis


@PanagiotisCharalampous

ftii
03 Dec 2024, 09:23 ( Updated at: 03 Dec 2024, 09:57 )

RE: Different timeframes of the same day did not match the Low

PanagiotisCharalampous said: 

Hi there,

Can you please explain the issue a bit better? I am not sure what I am looking at.

Best regards,

Panagiotis

I set the lower limit of the day one candle at a time on the D1 timeframe, go to h4 and there is NO SUCH low for this day in the shadows of 4-hour candles. He is 20+ points lower there. The two screenshots show these TWO situations - D1 and h4 with an index line by date.


@ftii

PanagiotisCharalampous
03 Dec 2024, 10:05

RE: RE: Different timeframes of the same day did not match the Low

ftii said: 

PanagiotisCharalampous said: 

Hi there,

Can you please explain the issue a bit better? I am not sure what I am looking at.

Best regards,

Panagiotis

I set the lower limit of the day one candle at a time on the D1 timeframe, go to h4 and there is NO SUCH low for this day in the shadows of 4-hour candles. He is 20+ points lower there. The two screenshots show these TWO situations - D1 and h4 with an index line by date.

Can you share better screenshots where we can see the broker, the symbol, the timeframes and the dates?


@PanagiotisCharalampous

ftii
03 Dec 2024, 10:15

RE: RE: RE: Different timeframes of the same day did not match the Low

PanagiotisCharalampous said: 

ftii said: 

PanagiotisCharalampous said: 

Hi there,

Can you please explain the issue a bit better? I am not sure what I am looking at.

Best regards,

Panagiotis

I set the lower limit of the day one candle at a time on the D1 timeframe, go to h4 and there is NO SUCH low for this day in the shadows of 4-hour candles. He is 20+ points lower there. The two screenshots show these TWO situations - D1 and h4 with an index line by date.

Can you share better screenshots where we can see the broker, the symbol, the timeframes and the dates?

D1:

 

h4


@ftii

ftii
03 Dec 2024, 10:15

RE: RE: RE: Different timeframes of the same day did not match the Low

PanagiotisCharalampous said: 

ftii said: 

PanagiotisCharalampous said: 

Hi there,

Can you please explain the issue a bit better? I am not sure what I am looking at.

Best regards,

Panagiotis

I set the lower limit of the day one candle at a time on the D1 timeframe, go to h4 and there is NO SUCH low for this day in the shadows of 4-hour candles. He is 20+ points lower there. The two screenshots show these TWO situations - D1 and h4 with an index line by date.

Can you share better screenshots where we can see the broker, the symbol, the timeframes and the dates?

D1:

 

h4


@ftii

PanagiotisCharalampous
03 Dec 2024, 11:47

Hi there,

You are comparing the wrong candles. The h4 candle you have marked starts at 14:00 and the daily candle starts at 18:00. So your h4 candle belongs to the previous day.

Best regards,

Panagiotis


@PanagiotisCharalampous

ftii
03 Dec 2024, 14:13 ( Updated at: 03 Dec 2024, 14:16 )

RE: Different timeframes of the same day did not match the Low

PanagiotisCharalampous said: 

Hi there,

You are comparing the wrong candles. The h4 candle you have marked starts at 14:00 and the daily candle starts at 18:00. So your h4 candle belongs to the previous day.

Best regards,

Panagiotis

Version - not very good! Directly below it (h4 candle) it says November 26th. And the day ends with h4 candle 22:00. And my mark at 18:00 is the mark from the D1 candle, made on the low day candle on November 26! Those. there are no other lows, and on the h4 chart there should be a low NOT LOWER than the low from the D1 timeframe, because it shows the LOWEST point reached by the price. But as we see, THIS IS NOT SO!

Or do you want to say that the daily candle should show the low of the LAST candle within the day, even if there were lower lows during the day?!?!??


@ftii

PanagiotisCharalampous
04 Dec 2024, 06:13

RE: RE: Different timeframes of the same day did not match the Low

ftii said: 

PanagiotisCharalampous said: 

Hi there,

You are comparing the wrong candles. The h4 candle you have marked starts at 14:00 and the daily candle starts at 18:00. So your h4 candle belongs to the previous day.

Best regards,

Panagiotis

Version - not very good! Directly below it (h4 candle) it says November 26th. And the day ends with h4 candle 22:00. And my mark at 18:00 is the mark from the D1 candle, made on the low day candle on November 26! Those. there are no other lows, and on the h4 chart there should be a low NOT LOWER than the low from the D1 timeframe, because it shows the LOWEST point reached by the price. But as we see, THIS IS NOT SO!

Or do you want to say that the daily candle should show the low of the LAST candle within the day, even if there were lower lows during the day?!?!??

Hi there,

The daily candle bars start at 00:00 UTC+2. It's a convention. Your chart us set to UTC-4. So your D1 candles start at 18:00. The charts have no problem, you just need to understand what they are showing.

Best regards,

Panagiotis


@PanagiotisCharalampous

ftii
04 Dec 2024, 07:59

RE: RE: RE: Different timeframes of the same day did not match the Low

PanagiotisCharalampous said: 

ftii said: 

PanagiotisCharalampous said: 

Hi there,

You are comparing the wrong candles. The h4 candle you have marked starts at 14:00 and the daily candle starts at 18:00. So your h4 candle belongs to the previous day.

Best regards,

Panagiotis

Version - not very good! Directly below it (h4 candle) it says November 26th. And the day ends with h4 candle 22:00. And my mark at 18:00 is the mark from the D1 candle, made on the low day candle on November 26! Those. there are no other lows, and on the h4 chart there should be a low NOT LOWER than the low from the D1 timeframe, because it shows the LOWEST point reached by the price. But as we see, THIS IS NOT SO!

Or do you want to say that the daily candle should show the low of the LAST candle within the day, even if there were lower lows during the day?!?!??

Hi there,

The daily candle bars start at 00:00 UTC+2. It's a convention. Your chart us set to UTC-4. So your D1 candles start at 18:00. The charts have no problem, you just need to understand what they are showing.

Best regards,

Panagiotis

Where can I see this agreement? What's the point of setting a different time zone in the settings - if the daily candles will be displayed not according to it, but to some other zone?!


@ftii

PanagiotisCharalampous
05 Dec 2024, 06:56

RE: RE: RE: RE: Different timeframes of the same day did not match the Low

ftii said: 

PanagiotisCharalampous said: 

ftii said: 

PanagiotisCharalampous said: 

Hi there,

You are comparing the wrong candles. The h4 candle you have marked starts at 14:00 and the daily candle starts at 18:00. So your h4 candle belongs to the previous day.

Best regards,

Panagiotis

Version - not very good! Directly below it (h4 candle) it says November 26th. And the day ends with h4 candle 22:00. And my mark at 18:00 is the mark from the D1 candle, made on the low day candle on November 26! Those. there are no other lows, and on the h4 chart there should be a low NOT LOWER than the low from the D1 timeframe, because it shows the LOWEST point reached by the price. But as we see, THIS IS NOT SO!

Or do you want to say that the daily candle should show the low of the LAST candle within the day, even if there were lower lows during the day?!?!??

Hi there,

The daily candle bars start at 00:00 UTC+2. It's a convention. Your chart us set to UTC-4. So your D1 candles start at 18:00. The charts have no problem, you just need to understand what they are showing.

Best regards,

Panagiotis

Where can I see this agreement? What's the point of setting a different time zone in the settings - if the daily candles will be displayed not according to it, but to some other zone?!

I don't understand what do you mean with agreement. I have explained how it works and how it is used by millions of users. You just need to understand how it works.


@PanagiotisCharalampous