5min OHLC is what time exactly

snehalw90

Hi, if i have a OHLC data of 5 min frequency of 9.30am.
1)Is the open price the tick at 9.30am, the close price is the tick at 9.35min , high and low is the values between 9.30 to 9.35pm.. is this how 5min OHLC of 9.30 is formed?

Or is it ,
2) 9.25pm is open price, 9.30am is close price and price between 9.25 and 9.30 is the high low..-> this is for 5min price at 9.30

is it option 1 or 2

sujith

You can refer to this thread.

snehalw90

Hi sujith, quiet an insightful thread..however if u reread my questions, its not answered in the thread

rakeshr

Is the open price the tick at 9.30am, the close price is the tick at 9.35min , high and low is the values between 9.30 to 9.35pm.. is this how 5min OHLC of 9.30 is formed?

The candle period is always represented by the start of that period range i.e option 1 here is correct.

snehalw90

thanks