Why NextShelf uses 4-hour candles

Lesson 2 of 15 · Foundations · 3 min read

A candle is just a summary of price over a stretch of time: where it opened, where it closed, and its high and low. The stretch you pick changes what you see.

Only two decision points a day

US stocks trade from 9:30 AM to 4:00 PM Eastern. NextShelf splits that into two 4-hour candles: one that closes at 1:30 PM and one that closes at 4:00 PM. Those two closes are the only moments a NextShelf signal can confirm.

That's the whole point for someone at work: you don't need to watch the screen all day. NextShelf warns you about 15 minutes before each close if a stock is outside its hub, and confirms the result after the close.

Key points
  • 4-hour candles filter out most intraday noise.
  • There are two closes a day: 1:30 PM and 4:00 PM Eastern.
  • Signals only confirm at those closes, so you don't need to watch all day.
Check yourself

When can a NextShelf breakout be confirmed?

Educational content only, not financial advice. See today's setups in NextShelf →