CPR with VWAP, Supertrend & Trend-based Candle Colors

CPR with VWAP, Supertrend & Trend-Based Candle Colors
🔥 Overview
This powerful TradingView indicator combines CPR (Central Pivot Range), VWAP, Supertrend, and EMAs to provide clear buy/sell signals and trend-based candle coloring. Whether you're a day trader or swing trader, this tool helps identify key support/resistance levels and market trends efficiently.

📌 Features:
✅ CPR (Central Pivot Range) – Key intraday support/resistance levels
✅ VWAP (Volume-Weighted Average Price) – Institutional trading benchmark
✅ Supertrend Indicator – Helps determine the overall market trend
✅ EMA (20, 50, 200) – Identify trend direction & key moving average support/resistance
✅ Trend-Based Candle Coloring –

Green Candles when price is above Supertrend & 20 EMA (Bullish Trend)
Red Candles when price is below Supertrend & 20 EMA (Bearish Trend)
✅ Previous Day High/Low Levels – Important reference points
✅ Customizable Settings – Enable/disable CPR, EMA, or adjust Supertrend parameters

📊 How to Use This Indicator?
🔹 For Intraday & Swing Trading: Use CPR & Supertrend to find key support/resistance zones
🔹 For Trend Confirmation: Look for price above Supertrend & VWAP for bullish confirmation
🔹 For Breakout Trades: Watch price crossing VWAP or EMAs with strong volume
🔹 For Reversal Trades: Red to Green candle switch near support = possible buy signal

🎯 Trading Strategy Example:
🔹 BUY Signal: When price is above Supertrend, VWAP & 20 EMA (Bullish confirmation)
🔹 SELL Signal: When price is below Supertrend, VWAP & 20 EMA (Bearish confirmation)

💡 Best used with volume analysis & price action confirmations!

🔧 Customization Options:
🔹 Turn CPR & EMA ON/OFF
🔹 Adjust Supertrend ATR & Multiplier
🔹 Modify EMA Length & Colors

📈 Ideal For:
✔️ Intraday Traders
✔️ Swing Traders
✔️ Price Action Traders
✔️ Trend Followers

🔔 Add this to your chart & take your trading to the next level! 🚀