OPEN-SOURCE SCRIPT
MTF CPR
The Central Pivot Range (CPR) is a technical indicator used to identify key price levels, trend direction, and market volatility.
This script provides a comprehensive MTF CPR engine that tracks Daily, Weekly, and Monthly levels simultaneously. It identifies "Fair Value" through the Central Pivot Range, allowing traders to maintain a clear structural bias across multiple timeframes without switching charts.
Unlike fixed-ratio pivots, these Standard Deviations are projected based on the internal width of each specific CPR. This dynamic calculation ensures that volatility targets (SD levels) are relative to the market's current compression or expansion, providing more accurate exhaustion points.
The indicator offers total control over every timeframe independently. Users can customize the number of SD levels, the specific step-multiplier for each timeframe, and all visual properties including line width, color, and style to ensure maximum chart clarity.
Use it with VWAP for additional confluence.
This script provides a comprehensive MTF CPR engine that tracks Daily, Weekly, and Monthly levels simultaneously. It identifies "Fair Value" through the Central Pivot Range, allowing traders to maintain a clear structural bias across multiple timeframes without switching charts.
Unlike fixed-ratio pivots, these Standard Deviations are projected based on the internal width of each specific CPR. This dynamic calculation ensures that volatility targets (SD levels) are relative to the market's current compression or expansion, providing more accurate exhaustion points.
The indicator offers total control over every timeframe independently. Users can customize the number of SD levels, the specific step-multiplier for each timeframe, and all visual properties including line width, color, and style to ensure maximum chart clarity.
Use it with VWAP for additional confluence.
开源脚本
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。