Range bars

सरल शब्दों में विचार

A range bar closes as soon as its high–low reaches the set range, and the next one starts. Quiet markets make few bars and busy ones many, so each bar carries the same amount of movement.

गणना कैसे होती है

Built here from the candles of the timeframe on screen, following open → low → high → close (or open → high → low → close for falling candles). Range: automatic (ATR 14, rounded) or your own value.

A bar ends when high − low = range; the next bar opens at that price

इसका उपयोग कैसे करें

• Read breakouts and trends with less noise than time candles.
• Volume-like reading: many bars in a short time = activity.

निष्कर्ष निकालना

• Bars always have the same height; the last one is still forming.

इन बातों का ध्यान रखें

• Built from candles, so the path inside each source candle is estimated.

थोड़ा इतिहास

Introduced by the Brazilian trader Vicente Nicolellis in the 1990s.