CPR with Pivot Levels - CPR by KGS

7 Jan 2020

This script is based on Secret of Pivot Boss book by Frank Ochoa. Suitable for Intraday Trading.

You can view Daily timeframe cpr/support/resistance.
You can view Weekly timeframe cpr/support/resistance.
You can view Monthly timeframe cpr/support/resistance.

You can also view Previous Day High/Low.
You can also view Previous Week High/Low.
You can also view Previous Month High/Low.

You can also turn on/off as per your wish.

1 Mei 2020

Catatan Rilis

Few improvements...

12 Feb 2024

Catatan Rilis

This script is based on Secret of Pivot Boss book by Frank Ochoa. Suitable for Intraday Trading & Swing Trading.

You can view Daily timeframe CPR Pivot/support/resistance.
You can view Weekly timeframe CPR Pivot/support/resistance.
You can view Monthly timeframe CPR Pivot/support/resistance.

You can also view Previous Day High/Low.
You can also view Previous Week High/Low.
You can also view Previous Month High/Low.

You can also turn on/off as per your wish.

6 hari yang lalu

Catatan Rilis

Purpose: Automatically displays Daily, Weekly, or Monthly pivot levels based on your chart’s current timeframe.

Auto-Switch Logic:
Shows Daily pivots when the chart timeframe is 15 minutes or lower
Shows Weekly pivots when the chart timeframe is 16 to 75 minutes
Shows Monthly pivots when the chart timeframe is 76 minutes up to 1 day

Pivot Calculations:
Uses the classic pivot formula: (High+Low+Close)/3
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)

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.

This setup streamlines your workflow by removing the need to manually toggle between separate pivot scripts for different timeframes. Just change your chart timeframe, and the indicator automatically adapts.

6 hari yang lalu

Catatan Rilis

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.

Enjoy customizing these pivot sets for a wide variety of analysis or trading strategies!