Range Bar range guidance

[abattia]

Can anyone offer any rules-of-thumb (or similar words of wisdom) for setting Range Bar range for a given instrument?

Are there any rules say like “set range to 2 x ATR(14, 1 min)”, etc ... ? Or something similar?

My focus is intraday trades.

Thanks, and pardon my ignorance.

 

[nazzdack]

Quote from abattia:
----Range Bar range.....
----any rules.....
----intraday trades.

1) Use something that you, yourself, feel comfortable with.
2) Use something related to what you're willing to risk in trading a specific instrument.
3) Use something related to the average daily expected range for the instrument.

 

[abattia]

Quote from nazzdack:

1) Use something that you, yourself, feel comfortable with.
2) Use something related to what you're willing to risk in trading a specific instrument.
3) Use something related to the average daily expected range for the instrument.

Many thanks.