Opening Range Indicator

How big is the opening range (the first N minutes of the session) relative to the rest-of-session range, and how strongly are the two correlated?

Timeframe

Data range

2008-12-11 → 2026-05-05

Total sessions

4,332

Period

All history

Summarised magnitudescontinuation · NQ 15min

Opening range · Average opening range (points)

46.83pts

N = 4,332vs 46.83 pts baseline

Opening range · Average remaining-session range (points)

133.90pts

N = 4,332vs 133.90 pts baseline

Opening range · Opening range as a share of the session range

36.72%

N = 4,332vs 36.72% baseline

Opening range · Correlation of opening range with remaining range

0.80

N = 4,332vs 0.00 baseline

Day of week5 groupsMonday – Friday

No data available for this slice dimension.

Session close color2 groupsGreen – Red

No data available for this slice dimension.

Size bucket4 groupsopening_range bin 1 (-0.00–13.22] – opening_range bin 4 (68.75–385.92]

No data available for this slice dimension.