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The above indicators is based on Central Pivot Range,

Details as to how to use it.

1.Strictly use 1D timeframe for analysis, sometimes you can use 1hr tf too.

2. R1(Redline) and S1(greenline) acts as resistance and support.

When you see a trending stock, you can always buy when the stock retraces to the CPR range with R1 as first target and vice versa.

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Comments

The CPR is showing for 1 Month and not for each day, so intraday timeframes like 15 min timeframes cannot be used, is there any way change that.
+65 Reply
Real_BitScalper Manoj22Babu
@Manoj22Babu, Try Pivot points standard with daily setting
+10 Reply
ramreddynm Manoj22Babu
@Manoj22Babu, He has already mentioned it as Rule number 1. "Strictly use 1D timeframe for analysis, sometimes you can use 1hr tf too."
+2 Reply
sapanbarman_ Manoj22Babu
@Manoj22Babu, there is a mistake bro this is a swing cpr not a regular cpr for intraday here you must use 30m,1h,2h or higher timeframe for better result
+1 Reply
farooqibnuali777 sapanbarman_
@sapanbarman_, sir please help me how I get swing cpr in zerodha or upstox
Reply
sapanbarman_ farooqibnuali777
@farooqibnuali777, this is custom indicator which is available only trading view and other charting platform like mt4.

Apply pivot point in in hr timeframe .
Value for r1, s1 is same for cpr
Reply
sir what is the formula for calculating this indicator
+32 Reply
Mine is a free account, It's showing only 3 indicators & strategies allowed.what should I do? Please help..
+22 Reply
sapanbarman_ Yaksha_DA
@Yaksha_DA,tradingview allow only three indicator on free account for usage more than three you can go for paid version. this is simple basic thing bhai..
+5 Reply
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