PROTECTED SOURCE SCRIPT
CPR by VictorV
Central Pivot Range
Where price is vs CPR
Above TC: bullish bias; TC/BC act as support. Hold above TC → trend day likely.
Inside CPR (BC–TC): balanced/choppy; expect mean reversion between edges until a clean break.
Below BC: bearish bias; BC/TC act as resistance.
Width of the CPR
Narrow: energy coiled → higher chance of breakout/trend day.
Wide: balanced market → range-bound behavior more likely.
Shift vs yesterday
CPR shifted up: bullish undertone.
Shifted down: bearish undertone.
Overlapping: neutral/indecisive.
Intraday tells
Acceptance: Several candles holding outside BC/TC = expansion in that direction.
Rejection: Wicks through BC/TC that close back inside = likely fade back toward the opposite edge.
Pivot (P) magnet: On non-trend days, price often gravitates back to P.
Where price is vs CPR
Above TC: bullish bias; TC/BC act as support. Hold above TC → trend day likely.
Inside CPR (BC–TC): balanced/choppy; expect mean reversion between edges until a clean break.
Below BC: bearish bias; BC/TC act as resistance.
Width of the CPR
Narrow: energy coiled → higher chance of breakout/trend day.
Wide: balanced market → range-bound behavior more likely.
Shift vs yesterday
CPR shifted up: bullish undertone.
Shifted down: bearish undertone.
Overlapping: neutral/indecisive.
Intraday tells
Acceptance: Several candles holding outside BC/TC = expansion in that direction.
Rejection: Wicks through BC/TC that close back inside = likely fade back toward the opposite edge.
Pivot (P) magnet: On non-trend days, price often gravitates back to P.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。