Advantages of Trading with Range bars in forex trading Bars 1. This is because the range bars are of equal size on every chart.
The triggers of the pattern remain the same as those in the time bars. The common practice is waiting until the close of the bar and then a new bar begins. This helps the traders to pin point the sell or buy stops ahead of the time allowing the trader will get a better position. With the Range Bars, the traders are still very capable of using their most favorite indicators.