Up till now, range bars had one major problem – charts would look different for a specific day depending on how many days of data have been loaded from history, plus there was no way of visualizing inter-session gaps (or weekend gaps in Forex) This was unacceptable by stock and indexes traders, who needed information regarding trading session gaps.
Version 2.04 of the range bars plug-in for MT4 now features a new entry in the variables section, which has been added for daily reference consistency:
ResetOpenOnNewTradingDay – an optional feature, which ensures daily (or session) reference consistency. This is used to reflect the true daily (or session) open, high, low, and close values. To use the feature simply set ResetOpenOnNewTradingDay to TRUE.