This indicator is based on the concept of Central Range ( CPR ) used by Traders as described in the book “Secrets of Boss” by Mr. Frank Ochoa . I have just added R1/ S1 levels of Floor and 3rd layer of Equation to CPR so that better trading decisions can be made by the traders who understand these concepts. I have added all timeframes i.e., D,W,M and Y in this indicator so that traders can use this for analysis. Would like suggestions from traders for further improvement of this indicator’s usefulness.
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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