Range Bars for Metatrader 5

Unique charting solution created by Vicente M. Nicolellis (Brazilian broker and trader) ported for the Metatrader 5 platform and bundled together with numerous technical studies, support & resistance lines, and useful alerts.

RangeBars take advantage of real tick data available directly from your broker’s servers, to create an extremely accurate charting solution. The product offers chart synchronization features, alerting plus two open-source trading robots. This is the only Range bar package you will ever need for your MT5.

RangeBars on USDCHF, MT5

Built-in indicators and studies

Additional indicators

Open source EAs

There are three differnt product versions to choose from

Click on the tabs below to view the features of each version

A turnkey solution for RangeBars on MetaTrader 5. The indicator is compatible with on-chart trading and is very responsive and accurate. RangeBars are built entirely from tick and volume data provided by the broker so there is no interpolation involved.

13 built-in indicators

  • 2 types of Daily Pivot Points (Classic & Fibonacci)
  • 7 Moving Average types (up to 4 on a single chart)
    • Simple
    • Exponential
    • Smoothed
    • Linear-Weighted
    • Volume-Weighted (tick volume)
    • Volume-Weighted (real volume)
    • Linear Regression
  • 4 channel types
    • Donchian Channel
    • Bollinger Bands
    • Super Trend
    • Keltner Channel

2 open-source EAs

  • 2 MA Crossover EA – The robot trades on the crossings of two moving averages. You can set the trading direction for longs, shots, or both.
  • Price & MA Crossover EA – Price & MA crossover EA works similarly to the 2 MA crossover EA, but in this case, the trading is done when price action crosses the moving average.

58 additional indicators

  • ADX Cross Alerts
  • ADX
  • Aroon Oscillator
  • ATP
  • ATR
  • Awesome Oscillator
  • Bollinger Bands
  • Bollinger Bands MACD
  • CCI (alternative)
  • CCI
  • Chaikin Volatility
  • Color HMA
  • Didi Index
  • Donchian Channel
  • DT Oscillator
  • Envelopes
  • Fractals
  • Gann Hi-Lo Activator
  • Gann Hi-Lo Activator SSL
  • GMMA
  • HalfTrend
  • HA Smoothed
  • Heiken Ashi
  • Ichimoku
  • Keltner Channel
  • Linear Regression
  • LRMA
  • MA


  • MACD
  • MACD Line
  • Momentum
  • NRTR
  • OBV
  • Oscillator Candles
  • Parabolic SAR
  • ProVolume
  • QQE
  • ROC
  • RSI
  • RVI
  • Schaff Trend Cycle
  • StdDev
  • Stochastic
  • Super Trend
  • T3
  • TDI
  • TimeLine
  • TMA CenteredBands
  • TRIX
  • VEMA Wilders DMI
  • Volatility
  • Volumes
  • Volume Average Percent
  • VWAP Lite
  • Weis Waves
  • WPR
  • ZigZag

Robust SDK

The SDK serves the creation of trading robots and additional indicators for the RangeBars indicator charts.

The generator leverages custom symbols on the MT5 platform and prints Range bar charts instead of regular time-based ones. The user can add any MT5 compatible indicator onto the custom symbol to conduct technical analysis.

Custom Symbols on MT5 are not tradable by design. All trading needs to happen on the tradable symbols.

You can bypass the restriction, but that requires a special trading utility such as a trading panel or EA. The utility will translate the custom symbol name to the tradable symbol and mirror the entries plus stops on the custom symbol.

We offer a trading panel for this purpose – it is available on the MT5 market at https://www.mql5.com/en/market/product/30136

The bundle offers combined features of both the indicator and generator versions at a reduced price.

Regular pricing options

RangeBars Indicator

  • Activation on 3 computers
  • Free Updates
  • RangeBars indicator
  • 2 Open source EAs
  • 58 Additional Indicators
  • SDK



Lifetime License

Buy Now

RangeBars Generator

  • Activation on 3 computers
  • Free Updates
  • RangeBars generator



Lifetime License

Buy Now

RangeBars Bundle

  • Activation on 3 computers
  • Free Updates
  • RangeBars indicator
  • RangeBars generator
  • 2 Open source EAs
  • 58 Additional Indicators
  • SDK



Lifetime License (Save 22%)

Buy Now

Try Range Bars for Metatrader 5 before you buy

Download the FREE 7-day trial of the RangeBars bundle

Click the button below to download. No credit card or registration is required!

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Special offers for brokers, trading groups, and resellers

Frequently Asked Questions

What's the difference between the offline generator and the indicator?

The main difference is in the way the charts are displayed. The indicator version presents range bars as an overlay on a time-based chart enabling “on-chart” trading.

The generator builds and updates the range bar chart on an MT5 Custom Symbol. Custom symbols are not tradable in MT5. You will need to place and manage your orders on a time-based chart while analyzing the range bars custom symbol.

The indicator version also offers many additional features, plus it includes three RangeBar EAs with source code, which you can modify and tune the trading robots to your specific needs.