Initial Range Initial Range is a slightly different approach of the Opening Range.The concept of opening range was popularized by Toby Crabel. He has explained many ways to trade the OR effectively in his articles.It really is a wonderful concept. So , What is OR?. In practice,Traders consider it as a range between the High and Low made during a specific time interval from the open.Traders set specific time interval such as 5M,10M,15M and 30Minutes.So , if we are using a 5-minute OR. The highest high and lowest low reached during the first 5-minutes of trading after the open gives us two price levels. This is OR. ( I still doubt Toby Crabel really meant this), Anyway, I do not like this practice. Who are we to dictate the market to respect our own levels ? So let the market trade after open and show us its own levels and market is for sure going to respect its own levels.Do not try to impose a time limit on the market. It will show you the real OR which I prefer to call initial range. 015.1 ▪️Initial Range