pradeephmlisc

CPR AND PiVOT

This cpr / support/resistance script are based on Secret of Pivot Boss book by Franklin O. Ochoa.

You can Find minuets wise timeframe cpr / support/resistance
You can Find Daily time frame cpr / support/resistance .
You can Find Weekly time frame cpr / support/resistance .
You can Find Monthly time frame cpr / support/resistance .

You can Find view Previous Day High/Low.
You can Find view Previous Week High/Low.
You can Find view Previous Month High/Low.

My Strategy for free:-
here there are two 9 days exponential Moving average are there.

Strategy 1(Uptrend):- if Price close above 9 days High(Green EMA Line) then will go for buy and use pivots as support and Resistance also target.

Strategy 1 (Downtrend):- if Price close below 9 days low(red EMA Line) then will go for sell and use pivots as support and Resistance also target.

(Sideways Trend: if Price is in-between 9 days high and Low)
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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Comments

What is TC, PP, BC
+3 Reply
pradeephmlisc kannabirank
@kannabirank, CPR Line
Reply
aarulkumar kannabirank
@kannabirank, TC-TOP CENTRAL,PP-PIVOT POINTS,BC- BOTTOM CENTRAL
Reply
Thank a lot of you sir,please contact me mob. No. 9795803400
+2 Reply
Hi, First Thank You for simple but effective indicator. I've suggestions. I hope its OK with you. 1. Your BC & TC are interchanged. TC need to be above PP and BC below PP. 2. Is it possible for you to draw ALL lines for length of entire day at once/at beginning of session. Drawing line Not candle by candle. This will help visual impression clear. (here we need to wait till 2-3 candles and lines to appear.)
Thank You & All the Best...
Reply
@skav71, I would suggest, to go in 1 min candle at start of the trade session to identify the lines until they make a clear vision on chart. Good suggestion though which were beneficial if added, but this is how i over come the problem.
Reply
skav71 shrav1988
@shrav1988, Thank You for note! I do the same. But programming it will be effective. Need to draw a line for entire session. I'm studying pine script. all the best.
Reply
Mind Blowing CPR thanks bro can make this script in metatrader4 platform
Reply
what is prl, ml
Reply
pradeephmlisc guptamayur2007
@guptamayur2007, prl= previous day low.

ml = monthly low
Reply
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