Time-based candles close at fixed intervals regardless of what price does. A one-minute bar in a quiet market may have a range of 0.5 pips, while in a busy one it may have 8. The same pattern means different things in the two cases.
Range bars close when price moves a fixed amount. A 3 pip range bar always has a 3 pip range. Quiet markets produce few bars, busy ones produce many. The chart adapts to volatility.
For scalping, that has a few benefits. Noise during quiet periods is compressed away. Signals depend on price movement, not on the clock. Support and resistance show up more clearly, since bars form only when price actually travels.
There are drawbacks. Range bars need tick data to build, and different platforms construct them differently. Some create gaps or overlapping bars. Backtesting needs care, because the bar's internal order can be ambiguous.
Time information also disappears. A bar that took ten seconds and one that took ten minutes look identical. Adding a time-per-bar indicator can restore the lost context.
A mix is possible: time-based charts for session awareness, range bars for entries.
Range bars or one-minute candles for entries: which timed things better on the pairs watched here?
Range bars and why they fit scalping better than time bars
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Shadow Trader
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