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Converting Time chart to Range
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Converting Time chart to Range
Does anyone know how to find the size of a range bar that roughly equates a 60min. I am looking to Swing trade stocks and ETFs with Range Bars 3-4 trades per week.
Thank youTags: None
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A Range bar is based on a specified tick price range. The bar will plot until the price range is broken. A new bar will then start plotting. Therefore, the amount of range bars in a period of time will be completely dependent on the price movement of the instrument during that time. I am not aware of a way to predict or estimate this, however, I encourage other users to provide any relevant information regarding your inquiry.
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