The Multi-day Central Pivot Range

The indicator is a Multi-day CPR .

It shows CPR range as per yesterday's HLC and also CPR range for last n number of trading sessions.
For example: If you mention the value as two in Multi-day CPR (blue color) then it calculates the CPR using HLC of the last two trading sessions.

Also, the daily CPR is designed in such a way to highlight Virgin CPR (purple color) separately from the normal CPR(fuchsia color).
Release Notes: Now it also has "developing CPR", which shows the CPR based on today's HLC with intraday time-frame charts. It will be dynamic rather than static. It will be be useful to trail your stop loss.
Release Notes: Similar to developing CPR, we have multi-day developing CPR which shows the CPR based on high/lows of last n number of trading sessions with current candle's C in intraday time-frame charts.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


HI @UnknownUnicorn5882959,

Thanks for all the efforts you have put in here.
Can you also please make a video or a short writeup on the strategy? if would help every beginners like me to CPR strategy.

Thanks and much Respect for you.
+7 Reply
UnknownUnicorn5882959 540f1bd286704f5785c3c62702d66c
@540f1bd286704f5785c3c62702d66c, Hi you can check out the below links who have already made good videos about CPR.



Hope it helps. Sorry for the delay.
+1 Reply
Thanks for the wonderful script. I think there is a bug on developing BC code, this will only work on Indian stock market trading minutes, not for other market trading sessions like forex or Nasdaq,
You did a nice work ! Thanks. I want to know Is Developing CPR of any use during live intraday trading? If yes, then how to use developing CPR in live intraday trading?
very useful.. thank you
Hi @UnknownUnicorn5882959,

Do we have a scanner to scan the stocks at the last 15 min of the session where the developing CPR is narrow, which will be a narrow CPR for the following day. This will be very much helpful.

Thanks in advance.

great to use this in my trading very good indicator thank you!
This is the best script, I've ever used! Thank you, so much, for sharing. I hope you are rewarded, well, for your hard work! Good luck to you!
@Avery_Upton, you are welcome. happy to help
Excellent work!
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