PROTECTED SOURCE SCRIPT
CPR Indicator 2.0 by KGS - Timeframe Automatic/Manual CPR modes
Pivot Calculations:
TC = (Pivot – BC) + Pivot
Pivot = (High + Low + Close)/3
BC = (High + Low)/2
Plots Central Pivot Range (Pivot, BC, TC) and Support/Resistance levels (R1–R4, S1–S4)
Based on the previous bar for each timeframe (D, W, M)
How It Works?
1) Auto/Manual
Auto Mode: The script automatically shows Daily pivots for 15m or below, Weekly for 16–75m, and Monthly for 76m–1D.
Manual Mode: You decide which pivot sets to show by toggling the checkboxes for Daily/Weekly/Monthly.
2) Future Pivots
Tomorrow (Next Day): Derived from the current day’s data (index=0 on a daily resolution).
Next Week: Derived from the current week’s data (index=0 on a weekly resolution).
Next Month: Derived from the current month’s data (index=0 on a monthly resolution).
These only appear in Manual mode when their corresponding checkboxes are enabled.
3) Comprehensive Control
In Manual mode, you can have Daily pivots + Next Week pivot lines all on a 5-minute chart if you like, or any combination.
In Auto mode, the script ignores your manual checkboxes (including Next Day/Week/Month) and just displays pivots by timeframe logic.
Additional Feature:
Plots previous Day’s High/Low, previous Week’s High/Low, and previous Month’s High/Low depending on which pivots are displayed
Usage Steps:
Add the script to your TradingView chart.
Switch your chart timeframe.
Observe the pivots and previous high/low lines automatically changing for Daily, Weekly, or Monthly based on the timeframe you select.
Also enjoy customizing these pivot sets for a wide variety of analysis or trading strategies!
TC = (Pivot – BC) + Pivot
Pivot = (High + Low + Close)/3
BC = (High + Low)/2
Plots Central Pivot Range (Pivot, BC, TC) and Support/Resistance levels (R1–R4, S1–S4)
Based on the previous bar for each timeframe (D, W, M)
How It Works?
1) Auto/Manual
Auto Mode: The script automatically shows Daily pivots for 15m or below, Weekly for 16–75m, and Monthly for 76m–1D.
Manual Mode: You decide which pivot sets to show by toggling the checkboxes for Daily/Weekly/Monthly.
2) Future Pivots
Tomorrow (Next Day): Derived from the current day’s data (index=0 on a daily resolution).
Next Week: Derived from the current week’s data (index=0 on a weekly resolution).
Next Month: Derived from the current month’s data (index=0 on a monthly resolution).
These only appear in Manual mode when their corresponding checkboxes are enabled.
3) Comprehensive Control
In Manual mode, you can have Daily pivots + Next Week pivot lines all on a 5-minute chart if you like, or any combination.
In Auto mode, the script ignores your manual checkboxes (including Next Day/Week/Month) and just displays pivots by timeframe logic.
Additional Feature:
Plots previous Day’s High/Low, previous Week’s High/Low, and previous Month’s High/Low depending on which pivots are displayed
Usage Steps:
Add the script to your TradingView chart.
Switch your chart timeframe.
Observe the pivots and previous high/low lines automatically changing for Daily, Weekly, or Monthly based on the timeframe you select.
Also enjoy customizing these pivot sets for a wide variety of analysis or trading strategies!
Script protégé
Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.
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