amit16aks

Amit Advance CPR

amit16aks Updated   
this indicator shows the CPR along with the pivots for the next day and in the live market. It would be easy to see the favorite stocks CPR in advance.
Release Notes:
This indicator shows the CPR along with the pivots for the next day and in the live market. It would be easy to see the favorite stock's CPR in advance.

Updates:
  • Displays only current day and next day cpr & pivots by default to keep the chart clean.
  • user can check show historical cpr from input settings menu to see historical cpr
  • Pivot points till R2 and S2 are displayed by default, but the user can check to show R5 & S5 option from input settings to see extended pivots. i.e. R3, R4, R5 and S3, S4, S5

  • weekly and monthly CPR and Pivot points follow the same points as discussed above.

It is advised to see the settings of this indicator and adjust it according to the need.
while moving to a bigger time frame, turn off the daily historical CPR to see the weekly or monthly levels, as the daily cpr doesn't adjust automatically with the change in TF of the chart.

Future Update-
Camarilla levels (R3, R4 & S3, S4) will be added to the script with a user interface to check or uncheck the indicator to be visible on the chart.
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.

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.

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