Open to Close Range bars function like Tick Range bars in the sense that new bars print when a predetermined price range has been met. They do not rely on a time component to start or end each bar. While Tick Range bars will print after the High minus Low of a bar reaches a certain threshold, Open to Close Range bars will print after the price reaches a certain distance higher or lower than the Open price. For example, if a product trades in increments of 1 from a price of 100 up to 105 and then down to 85, a 10 Tick Range chart will print its first bar at a price of 95 with an Open of 100, High of 105, and Low/Close of 95. It will print a second bar at 85 with an Open/High of 95 and a Low/Close of 85. An Open to Close Range bar will instead print its first bar at a price of 90 with an Open of 100, High of 105, and a Low/Close of 90, giving a 10 tick range from the Open to the Close. The second bar will still be in progress at a price of 85 and will need a price of either 80 or 100 in order to print from its Open of 90.

1. Click on your chart properties.
2. Click on market tab.
3. Click on the Bar Interval and choose Byrne Range.