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.


Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?