NexusFi: Find Your Edge


Home Menu

 





minutes timeframe to range chart


Discussion in NinjaTrader

Updated
    1. trending_up 1,608 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
microsat
houston texas/us
 
Posts: 25 since Dec 2014
Thanks Given: 6
Thanks Received: 2

anyone use range timeframe? how to find an equivalent range time frame for a given 60 minutes time frame?

For example, for a H1 timeframe ES-mini, what is its equivalent range chart?
for a H4 timeframe ES-mini, what is its equivalent range chart?
for a daily timeframe ES-mini, what is its equivalent range chart?

How to calculate this?

Thank you.
microsat


Reply With Quote

 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
21 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Hello Im new here
5 thanks
  #3 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 2,947 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,860


Hello,

Your question is about to compare two different things.

A range chart is not time based and the relation between both will change from day to day.

Let me explain :
An hourly time chart will draw a bar, open, high, low close.
Every hour a new bar will be created.

A range chart is based on the price moving X ticks up or down.
So if the instrument stays within a certain range for a couple hours, days or more, no new bar will be drawn.
However if the price is very active a large number of bars can be drawn, even for a minute of time.

The answer to your question is that you can not really compare both.
And if today 10 bars between 12:00 and 22:00 are drawn and correspond to a couple hundred range bars
tomorrow or for another period of time, that will be completely different.

Probably that will explain it a bit.. ?


Follow me on X Visit my NexusFi Trade Journal Reply With Quote




Last Updated on January 13, 2016


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts