Range bars

Discussion in 'Trading' started by IronFist, Sep 26, 2008.

  1. Anyone use these exclusively? I feel like I'm on the verge of understanding how they could be advantageous to volume/tick bars*. I don't like time-based bars cuz there's too many instances of a bunch of small bars being following by giant bars by small bars.

    edit - and if you use them, what setting on what instrumetn?

    * Note that I feel like I'm on the verge of discovering this every time I open a range bar chart :p
  2. Lucrum


    I have used then in the past.

    What setting to use?

    Which ever one you want, it's as arbitrary as the number of ticks in a tick chart or the number of shares/contracts on a CV chart or the number of minutes on a time chart. There is no magic setting or hidden "meaning" behind the setting. It just depends on how "fast" or "slow" you want the price action to unfold.