Range bar charts: how to use them in Forex trading

Although not all trading platforms feature Range bar charts, they are pretty popular with professional traders. The main peculiarity of a range bar chart is that it does not consider time and is drawn based on price moves. This helps reduce price noise, especially when trading high-volatility assets. Read on to learn how to use range bars and what strategies include trading with this chart type.

How to draw Range bar charts?

A Range chart looks like a regular bar chart and is structured in the same way:

Extrema are marked with blue arrows;

Opening levels are marked with red… Read full author’s opinion and review in blog of #LiteFinance