Hello Deriv Community,
Lookbacks allow you to earn a payout depending on the optimum high or low achieved by the market during the contract duration.
There are three types of lookbacks options:
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High-Close
When you purchase a ‘High-Close’ contract, your win or loss will be equal to the multiplier times the difference between the high and the close over the contract duration.
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Close-Low
When you purchase a ‘Close-Low’ contract, your win or loss will be equal to the multiplier times the difference between the close and the low over the contract duration.
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High-Low
When you purchase a ‘High-Low’ contract, your win or loss will be equal to the multiplier times the difference between the high and the low over the contract duration.
Some useful terms:
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High, Low, and Close:
The high is the highest point ever reached by the market during the contract period.
The low is the lowest point ever reached by the market during the contract period.
The close is the latest tick at or before the end time. If you selected a specific end time, the end time is the selected time. -
Contract period:
The contract period is the period between the first tick (after start time) and the end time.
The start time begins when the contract is processed by our servers.
The end time is the selected number of minutes/hours after the start time.
Lookbacks options are currently only available for synthetic indices on the Smart Trader platform.
If you have any questions, please contact us via live chat or WhatsApp.