I'm having problems to understand how to read the range bars from TradingView (not sure if something particular of this platform), image for reference:
I can see every bar is $50 between high-low, why is that? if I'm selecting 100R I was exepecting a difference of $100.
Also I can see there are some gaps between bars, why is happening that? what does it mean?
Lastly, I cannot understand how is calculated the "open" of every bar, I was expecting the open to be always near the to the prev close.
// Chart is for BTCUSD, Range100 in TradingView