Here you can find out more about the Constant Range Bars EA and how it works. On a Constant Range Bars (CRB) chart, all the bars have a range (difference between the high and the low) that is a fixed amount of pips. Want it? Get it here:
http://www.surefiretradingchallenge.com/lm/
That way the bars won't be drawn based on time (1 minute, 5 minutes, 15 minutes, 1 hour, etc) but simply on price action. That is what is called "taking time out of the equation".
The creator of this awesome EA, Andrea Salvatore, explains more about his creation in this video.
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