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Query on Lookback Period on Noiseless Charts

Scheduled Pinned Locked Moved Ask Definedge Team (Subject related)
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  • K Offline
    K Offline
    Keerthi Kumar

    Pro User

    wrote on last edited by
    #1

    I understand that the Lookback period in OHLC is the previous day / bar

    But what is that with other noiseless charts like Point and Figure / Renko etc -> does it represents the previous day or as of previous column / previous brick

    Thanks
    Keerthi

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  • Neha Pandey Offline
    neha.pandey@definedge.comN Offline
    Neha Pandey

    Definedge

    wrote on last edited by
    #2

    For P&F and Renko Lookback period represents as a previous column / previous brick

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  • K Offline
    K Offline
    Keerthi Kumar

    Pro User

    wrote on last edited by
    #3

    Thanks for confirming my understanding.

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  • D Offline
    D Offline
    Dev Btl
    wrote on last edited by
    #4

    @Keerthi-Kumar it is same for candlesticks and PF and Renko charts as i understand from this video : https://youtu.be/jJreA3Czjew?t=1509

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