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Centralpivotrange

Clean CPR v2.0Clean CPR v2.0 – Multi-Timeframe CPR & Bias Dashboard Author: @jsm // modified from "CPR (Central Pivot Range)" script by ajithcpas and Simple CPR by finallynitin 1. Overview Clean CPR v2.0 is an intraday + swing CPR toolkit designed to keep the chart visually clean while still giving a full “context dashboard” on the right side. The script combines: Classic / Fibonacci / Camarilla CPR with multi-timeframe options Previous-session CPR & zones Developing CPR + Dev R1 / Dev S1 Initial Balance & custom session ranges A sentiment dashboard (Monthly / Weekly / Daily CPR) CPR width & CPR-type classification with emojis A >21-EMA “status pill” Optional Moving Averages and a Day-Open Anchored VWAP 2. Main CPR Engine What it plots (depending on your inputs): Central Pivot Range (CPR): BC, TC, PP Pivot SR levels (R1–R5 / S1–S5) Choice of Traditional, Fibonacci, Classic, Camarilla formulas Ability to hide CPR-based SR (for a very clean look) Multi-timeframe CPR source (Daily, Weekly, Monthly, Quarterly, Half-yearly, Yearly, or Auto) Extras: Historical SR pivots (optional) Adjustable number of CPRs to look back Label side (Left / Right) and line width controls 3. Previous Session Structure Optional plotting of the previous session’s structure: Previous High / Previous Low Previous CPR (PH / PL zones) Shaded zones between: PH ↔ R1, PL ↔ S1 Clean labels with prices on the right, aligned to the current day This gives a quick view of “yesterday’s battle zone” relative to today’s price. 4. Developing CPR & Dev R1 / Dev S1 For intraday traders, the script includes a Developing CPR module: Dev CPR band for the current session Optional Dev R1 and Dev S1 levels Implementation details: Only the latest Dev CPR / Dev R1 / Dev S1 labels are kept on screen – old labels are cleaned up so you don’t get a vertical stack as time moves. Option to extend developing CPR lines further into the session. 5. Initial Balance (IB) & Custom Ranges The script can show: Initial Balance high/low (first X minutes) IB extension lines and range Additional user-defined custom session windows This is useful for breakout / range traders around the opening range. 6. >21 EMA Status Box On the right side you can enable a compact >21EMA info box: Uses Daily 21 EMA (requested via security() so it’s consistent across intraday timeframes). A dot + label show the relationship between close and 21 EMA: 7. Dashboard – Monthly / Weekly / Daily CPR Context A compact dashboard table appears on the right (position & size configurable). 7.1 Location vs CPR (M / W / D) For each timeframe: It classifies the close as Above / Inside / Below its CPR band. 7.2 Sentiment Header – “Trust the Bulls / Bears / Patience” The dashboard header follows Daily CPR location: If Daily is above its CPR → header: “Trust the Bulls” (green background) If Daily is below its CPR → header: “Trust the Bears” (red background) If Daily is inside its CPR → header: “Have Patience” (neutral grey) 8. CPR Width & CPR Type (with Emojis) 8.1 CPR Width – Daily Daily CPR width (% of price) is classified as: 🎯 Super Narrow 📏 Narrow ➖ Medium 📐 Wide Useful for identifying potential trend / expansion days vs balanced sessions. 8.2 CPR Type – 3-day Structure Based on the last three daily CPRs, the script categorises CPR structure as: Ascending – 3-day rising CPR Descending – 3-day falling CPR Inside – today’s CPR within yesterday’s Outside – today’s CPR outside yesterday’s Asc Rev – bullish reversal pattern Desc Rev – bearish reversal pattern Overlapping – messy / overlapping CPRs 9. Moving Averages (MA 1–5) Optional Moving Average panel Up to 5 MAs, each configurable: Type: SMA, EMA, SMMA (RMA), WMA, VWMA 10. Day-Open Anchored VWAP Optional Day-Open VWAP module. Resets VWAP at each new trading day’s open. This is helpful for intraday mean-reversion and VWAP-based trade locations. 11. Recommended Use & Notes Best used on indices and liquid futures where CPR, previous session zones and VWAP have strong interaction. Works on any timeframe; for the full effect, try intraday charts (3-15 min) with: Dashboard enabled Daily CPR as the base Dev CPR + Day-Open VWAP for intraday structure 21EMA box and one or two MAs for trend confirmation. Disclaimer: This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Always test on paper / demo and combine with your own analysis and risk management.
อินดิเคเตอร์ Pine Script®
โดย jigz11
Clean CPR for Intraday, Swing trading✅ Clean CPR for Intraday & Swing Trading (NSE-Optimized) Simple, Accurate, No-Clutter CPR levels for NIFTY, BANKNIFTY, FINNIFTY & Stocks Perfect for Indian intraday & swing traders who want clean charts, reliable zones, and fast decision-making without overcomplicated indicators. ✅ 📌 Short Summary This indicator plots Previous Day High/Low, CPR, Support & Resistance, and high-probability shaded zones (PH↔R1 & PL↔S1). It’s built specifically to help Indian traders identify reversal zones, breakout levels, and trend direction quickly — without chart noise or unnecessary lines. ✅ 🔍 What This CPR Indicator Does A clean, beginner-friendly version of CPR built for practical trading in NSE markets. 1️⃣ Previous Day High & Low (PH / PL) Plots yesterday’s high & low with price labels These act as powerful reference levels used heavily in Indian intraday setups Helps spot opening range breakouts, rejections, and pullback entries 2️⃣ Central Pivot Range (CPR) CPR gives the market structure for the day Price above CPR → Bullish bias Price below CPR → Bearish bias Narrow CPR → Possible trending day Wide CPR → Likely sideways market This is especially useful in NIFTY, BANKNIFTY, which reacts strongly to CPR width. 3️⃣ Support & Resistance Levels (R1 / S1) Plots the first major resistance and support levels You can plot R1 to R5, S1 to S5 Each Line can be same or different color as per your choice 4️⃣ Smart Shaded Zones (High-Probability Areas) These shaded blocks highlight the most important reversal zones: ✅ Resistance Zone → Area between PH and R1 ✅ Support Zone → Area between PL and S1 These zones often act as: Bounce areas Reversal regions Ideal trade entry/exit points Especially powerful when combined with opening range & volume spikes. 5️⃣ Current Day Open Line Shows the opening price of today, a key reference for: Trend confirmation Intraday bias Opening drive setups 6️⃣ Clean Design — No Clutter Old historic zones are automatically removed Only the useful previous session zones remain All prices shown as whole numbers (no decimals) Clear labels, clean zones, easy to read even on mobile ✅ Why This Is Perfect for Indian Traders This indicator is optimized for: NIFTY Futures / Options BANKNIFTY Futures / Options FINNIFTY NSE Stocks Index scalping & options trading Indian intraday traders rely heavily on: Previous Day High/Low CPR width R1/S1 reactions Day Open behavior PH↔R1 reversal zones PL↔S1 support zones This tool highlights all of them automatically, without crowding your chart. ✅ Who Should Use This ✔ New traders ✔ Intraday scalpers ✔ Swing traders ✔ Option buyers/sellers ✔ Anyone who wants a clean CPR layout without confusing extras ✅ Benefits Clear bullish/bearish bias High-precision reversal zones Better entries/exits Faster chart reading No overthinking — the zones show themselves
อินดิเคเตอร์ Pine Script®
โดย jigz11
Simple CPR for intraday index tradingSimple CPR is an indicator that displays the Central Pivot Range (CPR) and Support-Resistance pivots. It offers granular customization across CPR, Floor pivots, Developing CPR, and Session High/Low levels. Original concept from Larry Williams, Mark Fisher & Frank Ochoa Modified from " CPR (Central Pivot Range)" script by ajithcpas 
 What is CPR (Central Pivot Range)? The Central Pivot Range (CPR) is calculated from the previous period’s High (H), Low (L), and Close (C). It forms three levels: • Pivot (P) = (H + L + C) / 3 • Top Central (TC) = ( P - BC) + P • Bottom Central (BC) = ( H + L)/2 Together, these levels form a central zone representing the market’s “value area.” Price trading above the CPR typically indicates bullish sentiment, while trading below the CPR reflects bearish bias. A narrow CPR often precedes strong trending moves, whereas a wider CPR signals potential consolidation. How Pivot Levels are Calculated Beyond CPR, the indicator supports multiple pivot calculation models, including Traditional, Classic, Fibonacci, and Camarilla For example, in the traditional model: • R1 = ( 2 × P ) − L • S1 = ( 2 × P ) − H • Higher levels (R2, R3…) scale proportionally by the prior range (H-L). These levels serve as dynamic intraday support-resistance zones and breakout targets. Key Features ⦿ Multi-Formula CPR : Select Traditional, Classic, Fibonacci, or Camarilla pivots. ⦿ Multi-Timeframe Control : Auto-detect or manually set CPR timeframe (Daily → Yearly). ⦿ Complete Pivot Suite : Extending to five resistance and five support levels (R1–R5, S1–S5) with optional midpoints (R0.5, R1.5, R2.5, R3.5, R4.5, S0.5, S1.5, S2.5, S3.5, S4.5).All levels can be individually toggled on or off, giving traders complete control over the level of chart detail they prefer. ⦿ Full Customization : Independently toggle lines, fills, price labels, and level names. ⦿ Developing CPR & S/R : Real-time projection of next-session CPR, R1, and S1 with separate visibility controls. ⦿ Session High/Low Tracking : Plot Previous-Session High (PH) & Low (PL) with optional labels and prices. ⦿ Look-Back Flexibility : Display any number of historical CPR/pivot periods. ⦿ Styling Precision : Choose line width, style (solid, dashed, dotted), and individual colors. ⦿ Optional Fills : Visualize the CPR zone or CPR–R1/S1 bands with semi-transparent shading. ⦿ Optimized Performance : Efficient array-based drawing for smooth chart performance even with a long history. Use Case CPR analysis helps identify trend bias, volatility contraction/expansion, and key support-resistance zones. This indicator is ideal for intraday indices traders who need a structured yet customizable price-action framework. Disclaimer This script is for educational and technical analysis purposes only. It does not constitute financial advice or a recommendation. Always perform independent analysis and manage risk appropriately before placing trades.
อินดิเคเตอร์ Pine Script®
โดย finallynitin
57
CPR by NKDCentral Pivot Range (CPR) Trading Strategy: The Central Pivot Range (CPR) is a widely-used tool in technical analysis, helping traders pinpoint potential support and resistance levels in the market. By using the CPR effectively, traders can better gauge market trends and determine favorable entry and exit points. This guide explores how the CPR works, outlines its calculation, and describes how traders can enhance their strategies using an extended 10-line version of CPR. What Really Central Pivot Range (CPR) is? At its core, the CPR consists of three key lines: Pivot Point (PP) – The central line, calculated as the average of the previous day’s high, low, and closing prices. Upper Range (R1) – Positioned above the Pivot Point, acting as a potential ceiling where price may face resistance. Lower Range (S1) – Found below the Pivot Point, serving as a potential floor where price might find support. Advanced traders often expand on the traditional three-line CPR by adding extra levels above and below the pivot, creating up to a 10-line system. This extended CPR allows for a more nuanced understanding of the market and helps identify more detailed trading opportunities. Applying CPR for Trading Success 1. How CPR is Calculation The CPR relies on the previous day's high (H), low (L), and close (C) prices to create its structure: Pivot Point (PP) = (H + L + C) / 3 First Resistance (R1) = (2 * PP) - L First Support (S1) = (2 * PP) - H Additional resistance levels (R2, R3) and support levels (S2, S3) are calculated by adding or subtracting multiples of the previous day’s price range (H - L) from the Pivot Point. 2. Recognizing the Market Trend To effectively trade using CPR, it’s essential to first determine whether the market is trending up (bullish) or down (bearish). In an upward-trending market, traders focus on buying at support levels, while in a downward market, they look to sell near resistance. 3. Finding Ideal Entry Points Traders often look to enter trades when price approaches key levels within the CPR range. Support levels (S1, S2) offer buying opportunities, while resistance levels (R1, R2) provide selling opportunities. These points are considered potential reversal zones, where price may bounce or reverse direction. 4. Managing Risk with Stop-Loss Orders Proper risk management is crucial in any trading strategy. A stop-loss should be set slightly beyond the support level for buy positions and above the resistance level for sell positions, ensuring that losses are contained if the market moves against the trader’s position. 5. Determining Profit Targets Profit targets are typically set based on the distance between entry points and the next support or resistance level. Many traders apply a risk-reward ratio, aiming for larger potential profits compared to the potential losses. However, if the next resistance and support level is far then middle levels are used for targets (i.e. 50% of R1 and R2) 6. Confirmation Through Other Indicators While CPR provides strong support and resistance levels, traders often use additional indicators to confirm potential trade setups. Indicators such as moving averages can help validate the signals provided by the CPR. 7. Monitoring Price Action At CPR Levels Constantly monitoring price movement near CPR levels is essential. If the price fails to break through a resistance level (R1) or holds firm at support (S1), it can offer cues on when to exit or adjust a trade. However, a strong price break past these levels often signals a continued trend. 8. Trading Breakouts with CPR When the price breaks above resistance or below support with strong momentum, it may signal a potential breakout. Traders can capitalize on these movements by entering positions in the direction of the breakout, ideally confirmed by volume or other technical indicators. 9. Adapting to Changing Market Conditions CPR should be used in the context of broader market influences, such as economic reports, news events, or geopolitical shifts. These factors can dramatically affect market direction and how price reacts to CPR levels, making it important to stay informed about external market conditions. 10. Practice and Backtesting for Improvements Like any trading tool, the CPR requires practice. Traders are encouraged to backtest their strategies on historical price data to get a better sense of how CPR works in different market environments. Continuous analysis and practice help improve decision-making and strategy refinement. The Advantages of Using a 10-Line CPR System An extended 10-line CPR system—comprising up to five resistance and five support levels—provides more granular control and insight into market movements. This expanded view helps traders better gauge trends and identify more opportunities for entry and exit. Key benefits include: R2, S2 Levels: These act as secondary resistance or support zones, giving traders additional opportunities to refine their trade entries and exits. R3, S3 Levels: Provide an even wider range for identifying reversals or trend continuations in more volatile markets. Flexibility: The broader range of levels allows traders to adapt to changing market conditions and make more precise decisions based on market momentum. So in Essential: The Central Pivot Range is a valuable tool for traders looking to identify critical price levels in the market. By providing a clear framework for identifying potential support and resistance zones, it helps traders make informed decisions about entering and exiting trades. However, it’s important to combine CPR with sound risk management and additional confirmation through other technical indicators for the best results. Although no trading tool guarantees success, the CPR, when used effectively and combined with practice, can significantly enhance a trader’s ability to navigate market fluctuations.
อินดิเคเตอร์ Pine Script®
โดย nikhilkdwivedi
10
Pivot Points with MID LevelsThis indicator shows the Standard Pivot Points level based on daily values that can act as support and resistance. It is used by a variety of traders around the world. You can select which time frame Pivot Point Levels you'd like. Daily, weekly etc... Perfect for swing trading or day trading. Pivot Points- Shows 3 levels of resistance, the Pivot Point and 3 levels of support (R3, R2, R1, PIVOT POINT, S1, S2, S3 MID Levels- The MID levels are 50% retracement from the pivot point level above it and below Example- R3, MID, R2, MID, R1, MID, PIVOT POINT, MID, S1, MID, S2, MID, S3 With this indicator you will also have the option to show the Previous days High and Low that are also important levels. On gap up/down days it is always interesting to see if price will close the gap, hence the important level to note. PDH= Previous Days High PDL= Previous Days Low I have added a feature that you can now select specific color to each level and the line style for each level to help understand which levels are being show by personal needs. Happy Trading
อินดิเคเตอร์ Pine Script®
โดย Sergioramos1987
17
CPR - Central Pivot Range (by Alex L.)CPR or Central Pivot Range is a tool for identifying a trend, its volatility and its future targets for the price levels (in up or down directions). What this indicator offers: - Main purpose of this indicator is to display levels of support/resistance in a given trend as potentially good levels of entering into position or existing from a position. Entry levels are RED, resistance levels are in GREEN. - You have the ability to view daily, weekly, monthly pivot levels, depending on what kind of trader you are. - Unique to this indicator - you have the ability to view YEARLY pivot levels. - Unique to this indicator - you have the "Pivots History" option to either show all history or just the recent piriod to make your chart clean of "noise". - Unique to this indicator - you can view "future" pivot levels based on current price. - You have the ability to view "future pivots" which can be useful as entry or exit levels for the current trend. - You have the ability to view one, two, three or four pivor levels concurrently depending on how much information you want on your chart. - You have the option to use "Compact View" to further reduce "noise" and make your chart event more clean. - Open source. Some guidelines: - When current Central Pivot Range is higher than previous Central Pivot Range then the stock is in an uptrend and vice versa. - Wide Central Pivot Range usually means the stock is in a "sideways trend" and volatility is low. - Tight Central Pivot Range usually means the stock has a very low volatility and is about to explode (up or down). Switching to a higher timeframe can often give hints to what direction the stock is likely to go. Default settings: - Pivot Levels : "Two Pivot Levels" - Filter/Hide Pivots: "Hide Pivot+BC+TC" - Pivots History: "Few Months Back" 'V' Show Monthly Pivots 'V' Show Future Pivots Calculations of pivot levels formula is according to book "Secrets of a Pivot Boss" by Franklin O. Ochoa. Quote from the book: "The way to make money is to make it. The way to make big money is to be right at exactly the right time." Open source. Enjoy!
อินดิเคเตอร์ Pine Script®
โดย synth0
CPR by WsrWe recommend some preconditions for Intraday Trading Strategy with CPR (Central Pivot Range) Rules For BUY Setup with CPR 1) Today's Pivot Level Should be higher than Previous Day's Pivot Level 2) The previous day's close should be near day's high. Rules For SELL Setup with CPR 1) Today's Pivot Level Should be lower than Previous Day's Pivot Level 2) The previous day's close should be near day low. CPR or central pivot range is the best tool available for the trader to see the price base indicator. You can use this tool i.e CPR (central pivot range) to check the price indicator in the stock market. You know the price of shares sometimes goes up or sometimes goes down in the stock market. So it will be best to stay updated and know it before the time the share market/stock market fall or rises.
อินดิเคเตอร์ Pine Script®
โดย wisestockresearch
3
Wayne's Pivots ProThere is a public version of this indicator titled "Wayne's Pivots" if you would like to try out something similar to this indicator. Wayne's Pivots Pro is named after Wayne McDonnel who came up with this indicator's pivot trading methodology. Wayne's Pivots are only one part of his methodology, but these pivots are the most critical part. They are frequently applied to supplement other trading methodologies as well. There are 3 key features that separate Wayne's Pivots specifically from every other pivot point indicator out there. 1. Midpoint Pivots 2. Biased Pivots 3. Next Period's Pivots Understand that this indicator is supposed to be used, according to the methodology, alongside a fundamental bias. If you have not done fundamental research to know if you're a bull or bear on an asset, then you will likely not be using these pivots correctly. They do not tell you which direction the market will move. It tells you how far and how long a trade may go depending on which way you bias the pivots, and if your fundamental view was correct. This is trade planning tool for your entries and exits. Breaking each point down: 1. Midpoint Pivots If you take regular pivots (S#, R#), and get a histogram of every time price closed at or above each level, you generally end up with an even distribution. By adding midpoint levels you are doubling the amount of data, and increasing the resolution of the histogram. While these extra levels don't necessarily give us entries or exits, they do tell us when price doesn't quite reach a major support or resistance level. Midpoint pivot levels are calculated by finding the midpoint between each pivot level, and are labeled from the bottom up starting at M0 (Midpoint 0). 2. Biased Pivots The traditional rules for trading pivot points are to buy support levels and sell resistance levels. In Wayne's methodology, we see pivots as a set for entries and take profits depending on our bias. It is known that trading the inverse of traditional pivot point rules that you can end up with a reasonable strategy. Biased pivots let us focus on only what matter to us by removing all other pivots, lines, and labels. Only showing us pivots useful to the bias we set. For example, if you are a bull fundamentally you would set the bullish biased pivots. You would look for an entry in the area between the central pivot and second midpoint (M2), and an exit in the area between R2 and M4. 3. Next Period's Pivots The third major feature of Wayne's Pivots are the "future" pivots. These are really calculated by taking the current HLC data and plotting it in realtime into the future before there's any data there. When we enter a new trading period, let say the day, we will have little data on the next day's pivots. As the current trading day goes on and gets closer to it's close, we start to see the next day's pivot points firm up. It's at this point that future pivots become actionable to create trading plans for the next day. The next period's pivots are exceptionally useful when scaled up to weekly, monthly, quarterly, and yearly timeframes. Daily, weekly, and monthly are the most commonly used within communities trading Wayne's methodology. This is a completely rebuilt, professional use version of Wayne's Pivots. It includes many technical upgrades required by professional using Wayne's methodology. I released the original version publicly because it does not have many of the features here included in the Professional's version. Features in Pro that are not in the public version: Works on ALL timeframes. Realtime pivot point updates. Price levels on the pivots. Extra pivots. (R3, M5, M0, S3) All pivots start and end at the correct dates and times. (public version can't due to plot()) Easier to add more features! Does this mean that you've abandoned the public version of Wayne's Pivots? Absolutely not. Whenever there is a new feature in the Pro version, I always see if I can add it into the public one. It's just that the way it's built was not how I originally envisioned these pivots to be. If there's ever something that breaks the public version, I'm going to fix it because there's hundreds of people who use it. I use the public version of Wayne's Pivots perfectly fine with my trading. Why switch to Pro? Simply put, it's not going to give you the most accurate pivots that a professional would need. The pivots do not print properly on months with more or less than 30 days, and do their worst on short weeks. The public version has been like this ever since I first made it, and the only work around was to completely rebuild it. That's the major reason why I made the public version available to everyone in the first place. On top of all that, I can add way more features and customization options to these pivots than the public ones. If I have a feature request will you try to implement it? Absolutely! Some requests do have their limits, but don't be afraid to ask for something you really want. I'll try and implement lots of requested features as time goes on.
อินดิเคเตอร์ Pine Script®
โดย joebaus
22
CPR_ATR_PIVOTIntroduction What is so special about this variation of CPR is that it combines three indicators together. It has Central Pivot Range to understand market trend and for taking entry; Average True Range Stop line to identify the stop loss for any trade keeping in view volatility of the instrument; and Standard Pivot Points for profit targets. So overall it combines all essential ingredients for trading in a single indicator. While CPR and Pivot values will remain fixed, the ATR period and multiple can be changed. Central Pivot Range: is a useful intraday technical indicator which comprises 3 levels – a Central pivot point (pivot), Top central level (TC), and Bottom central level (BC). These levels are calculated as follows: TC = (Pivot – BC) + Pivot Pivot = (High + Low + Close)/3 BC = (High + Low)/2 The 3 levels are calculated using 3 variables, High, Low, and Close price. When you add CPR levels in a stock’s chart, TC is highest, the pivot is at the center and BC is the lowest level. However, depending on market conditions TC’s value may be lower than BC. The fundamental idea behind this indicator is that the particular day’s trading range captures everything about the market sentiment, and hence this range can be used to predict the price movement of the following days. This indicator was first introduced by Mark Fisher in this book “The Logical Trader”. Frank Ochoa added another dimension, central pivot point to this indicator. Practical Applications: CPR Breakout: Any high volume breakout above or below the TC and BC lines respectively indicates a high probability that the movement will continue. CPR Width The width of the CPR lines very accurately gives an idea of the expected price movement. If CPR width is narrow, that is the distance between TC and BC lines of CPR is very low, then it indicates a trending market. While if the distance between TC and BC lines is relatively higher it indicates sideways market. CPR as Support and Resistance CPR lines can also act as support and resistance. Market may takes support or resistance at the CPR and reverse. ATR Stop: I am adding another useful indicator known as ATR stop with CPR. Once market takes support and resistance at the CPR, trade can be taken with stoploss under/above (as the case may be) the ATR stop line. It would help in absorbing the intraday volatility in a stock or instrument. Pivot Points: Pivot points can be taken as target points where partial or full profit (depending upon market conditions and momentum) can be taken. I hope this indicator would help some traders in taking better trading decisions. Regards jjsingh_2020
อินดิเคเตอร์ Pine Script®
โดย Bravetotrade
17
CPR by GuruprasadMeduriThis script will allow to add CPR with Standard Pivot ad 9 levels of support and 9 levels of resistance lines. It has CPR, 3 levels of Day-wise pivots, 3 levels of Weekly pivots and 3 Levels of Monthly Pivots. All the Support and resistance levels can be enabled / disabled from settings. It will allow to select multiple combinations of support and resistance levels across 3 levels at any of the 3 time-frames individually and combined. These number of combinations will allow user to visualize the charts with desired pivot support & resistance levels on all or any of the 3 time frames. For Ease of access, listed few points on how the script works.. - CPR and day-wise level 1 & 2 (S1, R1, S2 R2) enabled by default and can be changed from settings - Day-wise Level 3 (S3 & L3) can be enabled from settings - Weekly 3 levels and Monthly 3 levels can be enabled from settings - CPR & pivot levels colored in blue lines - All support levels colored in Green - All resistance levels Colored in Red - Day-wise pivot, support & resistance are straight lines - Weekly pivot, support & resistance are cross (+) lines - Weekly pivot, support & resistance are circle (o) lines - Any combinations can be selected from stettings-> Inputs & style // - This is an iterative development. Will add more features due course of time. Suggestions are always welcomed!!
อินดิเคเตอร์ Pine Script®
โดย GuruprasadMeduri
35
CPRFibonacciPivots By EquityDuraiThe Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. ... At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend. Keep in mind that depending on the market’s behavior, the formula for TC may in fact create the level for BC, and vice versa. I always refer to the highest level as TC, and the lowest level as BC, regardless of which formula led to the level’s creation.
อินดิเคเตอร์ Pine Script®
โดย equitydurai81