Community Forex Questions
Forex time interval type
M1–corresponds to one minute, the shortest time frame in Forex, allowing you to capture the smallest price fluctuations.
M5 - equal to 5 minutes, ideal for short-term strategies, giving you an idea of the price movement observed every 5 minutes.
M15 - equal to 15 minutes, suitable for analyzing its changes within 15 minutes.
M30 is equal to 30 minutes.
H1–equals one hour, ideal for situations where the trend is moving and you are trading intraday.
H4 - equal to 4 hours, also used for intraday trading to understand the trend dynamics of the day.
D1 - equal to 1 day, it is more suitable to check the general dynamics of price movements in a few days, and we can use the results for pending orders.
W1 - Weekly interval also helps to determine the dynamics of the current monthly trend.
MN - Equivalent to 1 month, provides a global overview of the development of currency pair events. With the help of this chart, we can track price movements over several years and make a comparative analysis of different years.
M5 - equal to 5 minutes, ideal for short-term strategies, giving you an idea of the price movement observed every 5 minutes.
M15 - equal to 15 minutes, suitable for analyzing its changes within 15 minutes.
M30 is equal to 30 minutes.
H1–equals one hour, ideal for situations where the trend is moving and you are trading intraday.
H4 - equal to 4 hours, also used for intraday trading to understand the trend dynamics of the day.
D1 - equal to 1 day, it is more suitable to check the general dynamics of price movements in a few days, and we can use the results for pending orders.
W1 - Weekly interval also helps to determine the dynamics of the current monthly trend.
MN - Equivalent to 1 month, provides a global overview of the development of currency pair events. With the help of this chart, we can track price movements over several years and make a comparative analysis of different years.
Jun 03, 2022 10:08