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Central Pivot Range AB
Central Pivot Range (CPR) is a technical analysis tool used in trading to identify potential support and resistance levels.
It's calculated using the previous day's high, low, and closing prices and consists of three levels: Pivot Point, Top CPR, and Bottom CPR. If the CPR for each trading session is getting higher (and also the price is trading above it) then it denotes bullish bias and vice versa for bearish. And the width of the CPR (i.e., distance between top and bottom pivot) denotes the volatility of the session.
If the CPR width is narrow, we can expect a trending or volatile trading session. If it's wide, then we can expect a range bound or sideways trading session.
Support and Resistance levels can be used as a profit booking zone or to add/reduce position sizing.
In this Indicator you have the following:
1. CPR with traditional and Camarilla support and resistance levels (S1-S4 & R1-R4).
2. Developing CPR for next trading day, week, month, 6 month and year.
3. Customizable lookback period, line width.
4. Option to show/hide labels, prices, SR levels, developing CPR.
5. S1, R1 for Developing CPR
It's calculated using the previous day's high, low, and closing prices and consists of three levels: Pivot Point, Top CPR, and Bottom CPR. If the CPR for each trading session is getting higher (and also the price is trading above it) then it denotes bullish bias and vice versa for bearish. And the width of the CPR (i.e., distance between top and bottom pivot) denotes the volatility of the session.
If the CPR width is narrow, we can expect a trending or volatile trading session. If it's wide, then we can expect a range bound or sideways trading session.
Support and Resistance levels can be used as a profit booking zone or to add/reduce position sizing.
In this Indicator you have the following:
1. CPR with traditional and Camarilla support and resistance levels (S1-S4 & R1-R4).
2. Developing CPR for next trading day, week, month, 6 month and year.
3. Customizable lookback period, line width.
4. Option to show/hide labels, prices, SR levels, developing CPR.
5. S1, R1 for Developing CPR
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.