Rangebar

Here is a superb example of trading range bars on the daily time frame on Bhusansteel. You can also plot a WW with super accuracy

Nifty

Range bars - Trade between 5400 & 5570

Positional shorts when the range bar closes blow the support line.. and longs when range bar closes above

Rangebars

Im introducing you to a new concept - trading with range bars.

What this means is that time does not matter - price does. In this hourly chart of ABB each price block is 5 Rupees. Once the block is complete

This chart can be used to trade positionally

Here is the range bar chart - we've used a simple MA to enter long / short- Using supports / resistances play a key role here

Here is the regular chart for the same price range