Developed
in the end of the 20th century, range bars only focus on the changes
in price and they do not close at a specific time, rather than when the range
is complete. Each bar has a specific price range, instead of being charted in
units of time or ticks.
Since the
focus is on the price movement, long, frustrating periods of consolidation can
be condensed in just a few bars, which removes the unnecessary distraction of
the range and highlights only real price movements.
As such
range bars can be a very useful tools for all traders, especially those who
struggle to trade in fast moving markets. Time based charts only provide
very limited visibility into high probability trading opportunities. Range bars
offer a completely different view and look at price action, not time, as the
basis for candles.
Today the
competitive online broker ActivTrades is holding a webinar led by professional
trader Malte Kaub, who will highlight the differences and show you how
traders can benefit from this unique market perspective.
Is very important to learn new price action strategies.
ReplyDeleteI could definitely benefit from the webinar.
ReplyDeleteGreat news, thank you for sharing!
ReplyDeleteSounds very useful. Definitely will register!
ReplyDeleteGreat webinar, I will not miss it.
ReplyDeleteVery informative post and looks like a very useful webinar.
ReplyDelete