OPEN-SOURCE SCRIPT
Aktualisiert jifm [Non-Repainting]
# Professional Next Day CPR & Pivot Levels Indicator
A powerful and professional TradingView indicator designed for Intraday Traders, Scalpers, Swing Traders, Futures & Options Traders.
This indicator automatically calculates and plots NEXT DAY CPR (Central Pivot Range) and Traditional Pivot Levels immediately after the market closes using the previous day's OHLC data.
The levels are projected in advance for the upcoming trading session, helping traders prepare high-probability trading plans before market open.
━━━━━━━━━━━━━━━━━━
FEATURES INCLUDED
━━━━━━━━━━━━━━━━━━
✅ Automatic Next Day CPR Calculation
• Pivot (P)
• TC (Top Central)
• BC (Bottom Central)
✅ Traditional Pivot Levels
• R1, R2, R3
• S1, S2, S3
✅ Previous Day Levels
• Previous Day High
• Previous Day Low
✅ Professional Trading Features
• Narrow CPR Detection
• Wide CPR Detection
• Bullish/Bearish Bias
• Non-Repainting Logic
• Intraday Optimized
• Session Level Extension
• Professional Labels & Colors
✅ Alert Conditions
• Price crossing CPR
• Price crossing Pivot
• Breakout above R1/R2
• Breakdown below S1/S2
━━━━━━━━━━━━━━━━━━
CPR FORMULA
━━━━━━━━━━━━━━━━━━
Pivot (P) = (High + Low + Close) / 3
BC = (High + Low) / 2
TC = (Pivot - BC) + Pivot
━━━━━━━━━━━━━━━━━━
TRADITIONAL PIVOT FORMULA
━━━━━━━━━━━━━━━━━━
R1 = (2 × Pivot) − Low
S1 = (2 × Pivot) − High
R2 = Pivot + (High − Low)
S2 = Pivot − (High − Low)
R3 = High + 2 × (Pivot − Low)
S3 = Low − 2 × (High − Pivot)
━━━━━━━━━━━━━━━━━━
HOW TO USE
━━━━━━━━━━━━━━━━━━
🔹 Narrow CPR
A Narrow CPR indicates potential expansion in volatility and trending moves.
Best for:
• Breakout Trading
• Momentum Trading
• Option Buying
• Scalping
🔹 Wide CPR
A Wide CPR indicates potential sideways or range-bound movement.
Best for:
• Range Trading
• Mean Reversion
• Option Selling
━━━━━━━━━━━━━━━━━━
BEST TIMEFRAMES
━━━━━━━━━━━━━━━━━━
• 1 Min → Scalping
• 5 Min → Intraday
• 15 Min → Safer Entries
• 30 Min → Swing Intraday
• 1 Hour → Positional Intraday
━━━━━━━━━━━━━━━━━━
WHO CAN USE THIS INDICATOR
━━━━━━━━━━━━━━━━━━
✔ Intraday Traders
✔ Option Traders
✔ Futures Traders
✔ Scalpers
✔ Swing Traders
✔ Professional Traders
━━━━━━━━━━━━━━━━━━
KEY BENEFITS
━━━━━━━━━━━━━━━━━━
• Plan trades before market opens
• Identify support & resistance zones
• Spot breakout opportunities
• Improve risk-reward setups
• Enhance intraday decision making
• Professional-grade CPR analysis
━━━━━━━━━━━━━━━━━━
DISCLAIMER
━━━━━━━━━━━━━━━━━━
This indicator is created for educational and analytical purposes only. Please use proper risk management before taking any trades. Trading in financial markets involves risk.
A powerful and professional TradingView indicator designed for Intraday Traders, Scalpers, Swing Traders, Futures & Options Traders.
This indicator automatically calculates and plots NEXT DAY CPR (Central Pivot Range) and Traditional Pivot Levels immediately after the market closes using the previous day's OHLC data.
The levels are projected in advance for the upcoming trading session, helping traders prepare high-probability trading plans before market open.
━━━━━━━━━━━━━━━━━━
FEATURES INCLUDED
━━━━━━━━━━━━━━━━━━
✅ Automatic Next Day CPR Calculation
• Pivot (P)
• TC (Top Central)
• BC (Bottom Central)
✅ Traditional Pivot Levels
• R1, R2, R3
• S1, S2, S3
✅ Previous Day Levels
• Previous Day High
• Previous Day Low
✅ Professional Trading Features
• Narrow CPR Detection
• Wide CPR Detection
• Bullish/Bearish Bias
• Non-Repainting Logic
• Intraday Optimized
• Session Level Extension
• Professional Labels & Colors
✅ Alert Conditions
• Price crossing CPR
• Price crossing Pivot
• Breakout above R1/R2
• Breakdown below S1/S2
━━━━━━━━━━━━━━━━━━
CPR FORMULA
━━━━━━━━━━━━━━━━━━
Pivot (P) = (High + Low + Close) / 3
BC = (High + Low) / 2
TC = (Pivot - BC) + Pivot
━━━━━━━━━━━━━━━━━━
TRADITIONAL PIVOT FORMULA
━━━━━━━━━━━━━━━━━━
R1 = (2 × Pivot) − Low
S1 = (2 × Pivot) − High
R2 = Pivot + (High − Low)
S2 = Pivot − (High − Low)
R3 = High + 2 × (Pivot − Low)
S3 = Low − 2 × (High − Pivot)
━━━━━━━━━━━━━━━━━━
HOW TO USE
━━━━━━━━━━━━━━━━━━
🔹 Narrow CPR
A Narrow CPR indicates potential expansion in volatility and trending moves.
Best for:
• Breakout Trading
• Momentum Trading
• Option Buying
• Scalping
🔹 Wide CPR
A Wide CPR indicates potential sideways or range-bound movement.
Best for:
• Range Trading
• Mean Reversion
• Option Selling
━━━━━━━━━━━━━━━━━━
BEST TIMEFRAMES
━━━━━━━━━━━━━━━━━━
• 1 Min → Scalping
• 5 Min → Intraday
• 15 Min → Safer Entries
• 30 Min → Swing Intraday
• 1 Hour → Positional Intraday
━━━━━━━━━━━━━━━━━━
WHO CAN USE THIS INDICATOR
━━━━━━━━━━━━━━━━━━
✔ Intraday Traders
✔ Option Traders
✔ Futures Traders
✔ Scalpers
✔ Swing Traders
✔ Professional Traders
━━━━━━━━━━━━━━━━━━
KEY BENEFITS
━━━━━━━━━━━━━━━━━━
• Plan trades before market opens
• Identify support & resistance zones
• Spot breakout opportunities
• Improve risk-reward setups
• Enhance intraday decision making
• Professional-grade CPR analysis
━━━━━━━━━━━━━━━━━━
DISCLAIMER
━━━━━━━━━━━━━━━━━━
This indicator is created for educational and analytical purposes only. Please use proper risk management before taking any trades. Trading in financial markets involves risk.
Versionshinweise
# Professional Next Day CPR & Pivot Levels IndicatorA powerful and professional TradingView indicator designed for Intraday Traders, Scalpers, Swing Traders, Futures & Options Traders.
This indicator automatically calculates and plots NEXT DAY CPR (Central Pivot Range) and Traditional Pivot Levels immediately after the market closes using the previous day's OHLC data.
The levels are projected in advance for the upcoming trading session, helping traders prepare high-probability trading plans before market open.
━━━━━━━━━━━━━━━━━━
FEATURES INCLUDED
━━━━━━━━━━━━━━━━━━
✅ Automatic Next Day CPR Calculation
• Pivot (P)
• TC (Top Central)
• BC (Bottom Central)
✅ Traditional Pivot Levels
• R1, R2, R3
• S1, S2, S3
✅ Previous Day Levels
• Previous Day High
• Previous Day Low
✅ Professional Trading Features
• Narrow CPR Detection
• Wide CPR Detection
• Bullish/Bearish Bias
• Non-Repainting Logic
• Intraday Optimized
• Session Level Extension
• Professional Labels & Colors
✅ Alert Conditions
• Price crossing CPR
• Price crossing Pivot
• Breakout above R1/R2
• Breakdown below S1/S2
━━━━━━━━━━━━━━━━━━
CPR FORMULA
━━━━━━━━━━━━━━━━━━
Pivot (P) = (High + Low + Close) / 3
BC = (High + Low) / 2
TC = (Pivot - BC) + Pivot
━━━━━━━━━━━━━━━━━━
TRADITIONAL PIVOT FORMULA
━━━━━━━━━━━━━━━━━━
R1 = (2 × Pivot) − Low
S1 = (2 × Pivot) − High
R2 = Pivot + (High − Low)
S2 = Pivot − (High − Low)
R3 = High + 2 × (Pivot − Low)
S3 = Low − 2 × (High − Pivot)
━━━━━━━━━━━━━━━━━━
HOW TO USE
━━━━━━━━━━━━━━━━━━
🔹 Narrow CPR
A Narrow CPR indicates potential expansion in volatility and trending moves.
Best for:
• Breakout Trading
• Momentum Trading
• Option Buying
• Scalping
🔹 Wide CPR
A Wide CPR indicates potential sideways or range-bound movement.
Best for:
• Range Trading
• Mean Reversion
• Option Selling
━━━━━━━━━━━━━━━━━━
BEST TIMEFRAMES
━━━━━━━━━━━━━━━━━━
• 1 Min → Scalping
• 5 Min → Intraday
• 15 Min → Safer Entries
• 30 Min → Swing Intraday
• 1 Hour → Positional Intraday
━━━━━━━━━━━━━━━━━━
WHO CAN USE THIS INDICATOR
━━━━━━━━━━━━━━━━━━
✔ Intraday Traders
✔ Option Traders
✔ Futures Traders
✔ Scalpers
✔ Swing Traders
✔ Professional Traders
━━━━━━━━━━━━━━━━━━
KEY BENEFITS
━━━━━━━━━━━━━━━━━━
• Plan trades before market opens
• Identify support & resistance zones
• Spot breakout opportunities
• Improve risk-reward setups
• Enhance intraday decision making
• Professional-grade CPR analysis
━━━━━━━━━━━━━━━━━━
DISCLAIMER
━━━━━━━━━━━━━━━━━━
This indicator is created for educational and analytical purposes only. Please use proper risk management before taking any trades. Trading in financial markets involves risk.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.