After opening an MT5 chart, users often notice abbreviations such as M1, M5, M15 and H1. These do not stand for different gold products; they represent different candlestick timeframes. Once you select a different timeframe, the time span represented by each candlestick will change accordingly.

I. What Do M1 and M15 Mean Respectively?

In MT5, M stands for minute.

Therefore: M1 stands for the 1-minute candlestick. M5 stands for the 5-minute candlestick. M15 stands for the 15-minute candlestick. M30 stands for the 30-minute candlestick.

When users select M15, each complete candlestick reflects price movements over 15 minutes.

II. What Do H1 and H4 Mean?

H stands for hour. H1 refers to the 1-hour candlestick. H4 refers to the 4-hour candlestick.

Compared with minute-based timeframes, 1-hour and 4-hour charts condense price movements across a longer period into a single candlestick.

MT5 supports a wide range of timeframes. The Android mobile version offers 21 chart timeframes, ranging from M1 all the way to the monthly chart.

III. How to Switch Timeframes on Mobile MT5

After opening the instrument chart, access the timeframe selection function directly.

Once you pick M1, M15, H1 or another timeframe, the chart will immediately redraw candlesticks based on the new time setting.

Multiple timeframe options are also available for the iPhone version.

There is no need to reopen the gold instrument; simply modify the timeframe of the current chart.

IV. Why Does the Number of Candlesticks Change After Switching?

This happens because each candlestick covers a different length of time.

When viewing one day’s market data, M1 generates a large quantity of candlesticks, whereas H1 produces roughly 24 full hourly candlesticks for the same day.

Short-timeframe charts display far more granular details, while longer timeframes compress price fluctuations.

This explains why the same market move can look noticeably different on M1 and H1 charts.

V. How Can the 15-Minute Timeframe Be Used?

The 15-minute timeframe is one of the frequently-used chart timeframes in MT5.

Users may select M15 to view candlesticks formed every 15 minutes.

If you regularly refer to market signals or proprietary indicators from Lucky Gold, you may observe the market using a fixed timeframe to avoid frequent switching between different charts.

No single timeframe is inherently superior. What matters is understanding exactly how much time each candlestick on your current chart represents.

VI. Will Prices Differ Across Various Timeframes?

The real-time market quote for a given trading instrument will not alter simply because you change the chart timeframe.

What changes is how historical market data is aggregated.

For instance, 60 minutes of market activity forms sixty 1-minute candlesticks on an M1 chart, but consolidates into one single hourly candlestick on an H1 chart.

MT5 provides 21 timeframes so users can analyse price movements of the same instrument from multiple time horizons.