OPEN-SOURCE SCRIPT
Updated CPI Strat - Points, Levels & Sentiment
CPI Strat — Points, Levels & Sentiment
CPI Strat is a clean, visual level-based trading tool designed to help traders quickly identify potential long and short entry zones and predefined profit targets.
The indicator automatically calculates Long and Short Entry levels from the current market price using a customizable point offset, along with corresponding Take Profit levels.
Key Features
🟢 Long Levels
Automatically calculates a long entry and upside target.
🔴 Short Levels
Automatically calculates a short entry and downside target.
📏 Customizable Point Levels
Adjust the Entry Offset and Target Distance to fit your trading style and instrument.
📊 Market Sentiment Dashboard
A compact dashboard displays the current market sentiment as BULLISH, BEARISH, or NEUTRAL, based on the current candle.
💡 Clear Price Levels
Each level displays the actual price as well as the corresponding point distance, making the setup easy to read directly from the chart.
✨ Clean Visual Design
Bright, solid green long levels and red short levels provide an easy-to-read visual framework without cluttering the chart.
Example
With an Entry Offset of 25 points and a Target Distance of 15 points:
LONG
Entry: +25 points
Target: +40 points
SHORT
Entry: −25 points
Target: −40 points
The goal of CPI Strat is to provide a simple, structured visual framework for planning potential trade levels and quickly assessing current market direction.
Disclaimer: This indicator is an analytical tool and does not provide financial advice or guarantee trading results. Always use proper risk management and conduct your own analysis before entering a trade.
CPI Strat is a clean, visual level-based trading tool designed to help traders quickly identify potential long and short entry zones and predefined profit targets.
The indicator automatically calculates Long and Short Entry levels from the current market price using a customizable point offset, along with corresponding Take Profit levels.
Key Features
🟢 Long Levels
Automatically calculates a long entry and upside target.
🔴 Short Levels
Automatically calculates a short entry and downside target.
📏 Customizable Point Levels
Adjust the Entry Offset and Target Distance to fit your trading style and instrument.
📊 Market Sentiment Dashboard
A compact dashboard displays the current market sentiment as BULLISH, BEARISH, or NEUTRAL, based on the current candle.
💡 Clear Price Levels
Each level displays the actual price as well as the corresponding point distance, making the setup easy to read directly from the chart.
✨ Clean Visual Design
Bright, solid green long levels and red short levels provide an easy-to-read visual framework without cluttering the chart.
Example
With an Entry Offset of 25 points and a Target Distance of 15 points:
LONG
Entry: +25 points
Target: +40 points
SHORT
Entry: −25 points
Target: −40 points
The goal of CPI Strat is to provide a simple, structured visual framework for planning potential trade levels and quickly assessing current market direction.
Disclaimer: This indicator is an analytical tool and does not provide financial advice or guarantee trading results. Always use proper risk management and conduct your own analysis before entering a trade.
Release Notes
updateRelease Notes
updated chartOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.