Bharatgawande12

Virgin CPR with D/W/M CPR-By Atropine

About Pivot points-
  • Pivot points are one of the most powerful indicators used in Technical analysis .
  • It is comprised of a pivot line surrounded by a series of support and resistance levels which helps in speculating the price movements.
  • 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.


    About CPR-
  • CPR is the Swiss Army Knife of pivots , and Like the Moon, the central pivot range controls the tides of the market- by ‘frank’.
  • The previous day’s high, low, and close prices are used to calculate the CPR levels for the current day. And these levels remain constant throughout the day.
  • 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.


    About Virgin CPR-
  • If the price levels for a particular timeframe do not touch the CPR levels of the same timeframe, then that CPR is known as Virgin CPR.
  • There are a variety of ways you can use CPR indicator for your trading decisions.
    1. CPR Breakout
    2. CPR Width
    3. CPR as Support and Resistance
    4.Interpreting overall trend through CPR


    Key Features of the Indicator-
  • Automatically draws Virgin CPR .
  • Shows Daily and Tomorrow’s CPR
  • Daily High & Low and Pivot support & Resistance
  • Daily, Weakly and Monthly CPR.
  • Daily, Weakly Monthly High and Low.
  • Options to Hide Historical Levels.
  • Moving Average.
Release Notes:
Added Option of Historical days Virgin CPR and Minimal Optimization.
Release Notes:
(New*) Added option to change the color of Narrow CPR, Now Indicator will Automatically Detects the Narrow CPR and change the color of that CPR.
(New*) Added 3 Types of Moving Average.
Release Notes:
Added
  • Gap Border Function Indicator will Automatically detects gap border and Shift them for todays session, you can hide them for historical price action, can change the color & width of gap borders.

  • Shows Pivots for Whole Day / Entire Day at the Opening time of the Session to till the Session Close.

  • Shows Label of Pivots with Price on the right side of the pivots, provides option to hide the price of label.
Release Notes:
Now FEATURES-
  • Virgin CPR with Selective Option for Historical Days.
  • Narrow CPR with Option to Change the Color.
  • Pivots for Entire Days at the time of session Starts.
  • Option to hide Historical Pivots.
  • Pivot Label with Price on the right side of Chart.
  • Historical Gap Borders with option to change the Color & Thickness.
  • Daily, Weekly , Monthly & Next day CPR.
  • Daily ,Weekly & Monthly High & Low.
  • Daily Support & Resistance.
  • Three Types of Moving Average with Option to Change the Length, Color & Type of Moving Average.
Release Notes:
  • Added Alert Function for Tomorrow's Narrow CPR.
Release Notes:
  • Optimized Overall Performance
Release Notes:
Improved Performance.
Release Notes:
Error Removed.
Release Notes:
Improved Speed & Performance.
Release Notes:
Added Virgin CPR Label
Release Notes:
Label Overlay Added
Release Notes:
  • Added- Option to Change Pivot Types (Traditional/ Fibonacci/ Camarilla/ Classic/ Woodie/ Demark)
  • Added- Option to Change the Label Position (Right/ Left)
  • Improved Overall Settings
Release Notes:
Improved Script Loading Speed.
Release Notes:
Error Removed
Release Notes:
Improved Overall Scripts Performance
Release Notes:
Pivots Layout Error in Commodity Charts is Removed
Release Notes:
New FEATURES-
  • Added Option to Change the width of Daily CPR.
  • Added Option for Virgin CPR of Daily, Weekly, Monthly and Yearly.
  • Added VWAP with Multicolor, changes its color acc. to markets move.
  • Added Option to change the Daily Pivots Style -Solid line or Dotted line.
  • Fixed Typo error in S4 & R4 Labels in Camrilla Pivots
  • Removed Timeframe Boundation for All pivots.
  • Improved Settings Layout.
Release Notes:
Overriding settings Error fixed.

Invite-only script

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Disclaimer

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Author's instructions

This is Subscription Based Indicator, to get the Access to this indicator you have to obtain Subscription from atropine.in

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Warning: please read before requesting access.