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?
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.