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Order Flow Chart Types Which Is A Better Chart Time Based Or Range Based

http://www.orderflows.com/oft6.html Traders use two main types of charts: time-based charts and range-based charts. The difference between these two is how one wishes to analyze market movement. Time based charts measure price movements over regular intervals, whereas range based charts show how far a price has moved in comparison to its own highs and lows. I feel that range based charts can pick up momemtum a little quicker as you so more bars print, whereas on a time based chart you see longer bars. When markets are slower, you tend to stay in a bar longer on a range based chart where a time based chart will start and end at set times. When trading volatile markets with rapid price movements, range based charts may be more responsive as they 'adjust' faster to rising or falling prices; time based charts will tend to stay within the same bar until time expires. It all comes down to what type of data you want to see, and which one suits your style the best.