PROTECTED SOURCE SCRIPT
CPR by myBiniyog

CPR by myBiniyog
Purpose:
Clearly plots the Central Pivot Range (CPR), Support, and Resistance levels daily, weekly, and monthly (optional). CPR levels help intraday traders identify potential market direction, trends, and reversal points. CPR lines plotted clearly (blue), Support levels (green), and Resistance levels (red).
Calculation Method:
Pivot (P) = (High + Low + Close) / 3
Bottom Central (BC) = (High + Low) / 2
Top Central (TC) = Pivot + (Pivot - BC)
Support (S1-S3) and Resistance (R1-R3) levels calculated traditionally from pivot formulas.
Uniqueness & Originality:
Fully original script combining multi-timeframe (Daily/Weekly/Monthly) pivots.
Unique, clear visual representation designed for ease of use.
Closed-source to protect custom visual style and original logic.
Recommended Timeframes:
For optimal clarity and performance, use on 5-minute, 10-minute, or 15-minute intraday charts.
Compliance Statement:
Fully compliant with TradingView House Rules. Original work, not derived from publicly available scripts.
Purpose:
Clearly plots the Central Pivot Range (CPR), Support, and Resistance levels daily, weekly, and monthly (optional). CPR levels help intraday traders identify potential market direction, trends, and reversal points. CPR lines plotted clearly (blue), Support levels (green), and Resistance levels (red).
Calculation Method:
Pivot (P) = (High + Low + Close) / 3
Bottom Central (BC) = (High + Low) / 2
Top Central (TC) = Pivot + (Pivot - BC)
Support (S1-S3) and Resistance (R1-R3) levels calculated traditionally from pivot formulas.
Uniqueness & Originality:
Fully original script combining multi-timeframe (Daily/Weekly/Monthly) pivots.
Unique, clear visual representation designed for ease of use.
Closed-source to protect custom visual style and original logic.
Recommended Timeframes:
For optimal clarity and performance, use on 5-minute, 10-minute, or 15-minute intraday charts.
Compliance Statement:
Fully compliant with TradingView House Rules. Original work, not derived from publicly available scripts.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.