True day open

The idea

A framework-specific daily reference, commonly NY midnight in ICT usage; define timezone and instrument.

Try the scenario

Convert NY midnight using a timezone database rather than fixed IST offset.

Check your understanding

Which statement is supported by this definition?

• A framework-specific daily reference, commonly NY midnight in ICT usage; define timezone and instrument.
• This concept guarantees the next five candles.
• It always means every exchange's opening auction.

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