OPEN-SOURCE SCRIPT
VK_CPR Buy Options
VK CPR Buy Options is a trend-following options entry indicator based on Central Pivot Range (CPR). It detects when price crosses above/below the CPR Top or Bottom and suggests the appropriate Call or Put strike. Includes Camarilla and Traditional R1/S1 strike methods, auto strike rounding, backtest stats table, PCR tracker, and day-filter controls. Designed for Indian index options trading (Nifty/Sensex).
📋 REGULATORY DISCLOSURE
//───────────────────
//- NOT SEBI REGISTERED - The creator is not registered with SEBI (Securities
// and Exchange Board of India) or any other financial regulatory authority.
//
//- NOT FINANCIAL ADVICE - This indicator is provided for EDUCATIONAL and
// INFORMATIONAL purposes only. It does not constitute financial advice,
// investment advice, trading advice, or any other sort of advice.
//
//- NO INVESTMENT ADVISOR RELATIONSHIP - Use of this indicator does not create
// an advisory or fiduciary relationship between you and the creator.
//
//⚠️ PERFORMANCE & ACCURACY
//─────────────────────
//- NO GUARANTEE OF RESULTS - Past performance does NOT guarantee future results.
// Profitable trades in backtesting or historical data do not ensure future
// profitability.
//
//- NO WARRANTY - This indicator is provided "AS IS" without warranty of any kind,
// either expressed or implied. The creator makes no guarantee regarding accuracy,
// reliability, or completeness of signals.
//
//- MARKET RISKS - All trading involves substantial risk. Markets can be volatile,
// unpredictable, and subject to sudden changes. No indicator can predict market
// movements with certainty.
//
//💰 FINANCIAL RISK WARNING
//─────────────────────
//- HIGH RISK OF LOSS - Trading in stocks, derivatives, forex, crypto, and other
// financial instruments involves substantial risk of loss and is not suitable
// for all investors.
//
//- CAPITAL AT RISK - You should only trade with capital you can afford to lose
// completely. Never invest money you cannot afford to lose.
//
//- LEVERAGE RISKS - If trading with leverage or margin, losses can exceed your
// initial investment. Use leverage cautiously.
//
//- EMOTIONAL & PSYCHOLOGICAL RISKS - Trading can be stressful. Ensure you have
// the emotional capacity to handle potential losses.
//
//👤 YOUR SOLE RESPONSIBILITY
//─────────────────────
//- PERSONAL ACCOUNTABILITY - You are SOLELY and ENTIRELY responsible for:
// ✗ All trading decisions you make
// ✗ All profits and losses resulting from your trades
// ✗ All tax obligations and regulatory compliance
// ✗ Understanding the risks involved before trading
//
//- DO YOUR OWN RESEARCH - Never trade based solely on indicator signals. Always:
// ✓ Conduct your own analysis and research
// ✓ Understand the assets you're trading
// ✓ Have a clear risk management strategy
// ✓ Use proper position sizing
// ✓ Set and follow stop losses
//
//- SEEK PROFESSIONAL ADVICE - Consult with a qualified, registered financial
// advisor before making investment decisions, especially if you're uncertain
// about the suitability of any investment.
//
//- BACKTESTING RECOMMENDED - Before using this indicator with real money:
// 1. Backtest on historical data
// 2. Paper trade to verify performance
// 3. Start with small position sizes
// 4. Gradually scale up only after consistent results
//
//- NO OPTIMAL SETTINGS - There is NO "perfect" setting that works for all
// markets, timeframes, or trading styles. What works in one market condition
// may fail in another.
//
//📊 INDICATOR LIMITATIONS
//──────────────────
//- TOOL, NOT SOLUTION - This indicator is a TOOL to assist your analysis. It
// should be used as part of a comprehensive trading strategy, not as a
// standalone system.
//
//- LAGGING INDICATORS - Most technical indicators, including this one, are based
// on historical price data and may lag current market conditions.
//
//- FALSE SIGNALS - All indicators generate false signals. No indicator is 100%
// accurate. Losses are inevitable in trading.
//
//- WORKS BEST IN TRENDS - This indicator is designed for trending markets. It
// may produce suboptimal results in sideways/ranging markets.
//
//🚫 WHAT THIS INDICATOR DOES NOT DO
//───────────────────────────
//✗ Does NOT guarantee profits
//✗ Does NOT eliminate risk
//✗ Does NOT replace proper education
//✗ Does NOT work 100% of the time
//✗ Does NOT predict the future
//✗ Does NOT replace risk management
//✗ Does NOT compensate for poor trading discipline
//
//✅ BEST PRACTICES FOR SAFE USAGE
//─────────────────────────
//1. EDUCATE YOURSELF - Learn about technical analysis, risk management, and
// trading psychology before trading with real money.
//
//2. START SMALL - Begin with paper trading or very small positions until you
// develop confidence and consistency.
//
//3. RISK MANAGEMENT - Never risk more than 1-2% of your capital on a single trade.
//
//4. USE STOP LOSSES - Always use stop losses. This indicator provides trailing
// stop levels - USE THEM!
//
//5. COMBINE METHODS - Use multiple forms of analysis (fundamental, technical,
// sentiment) along with this indicator.
//
//6. JOURNAL YOUR TRADES - Keep a detailed trading journal to learn from both
// wins and losses.
//
//7. MANAGE EMOTIONS - Follow your trading plan. Don't chase trades or revenge
// trade after losses.
//
//8. TEST BEFORE TRADING - Thoroughly backtest and forward test any settings
// before using real money.
//
//📞 QUESTIONS OR ISSUES?
//──────────────────
//This indicator is provided as-is for educational purposes. The creator provides
//no ongoing support, guarantees, or liability for its use.
//
//══════════════════════════════════════════════════
//BY USING THIS INDICATOR, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD,
//AND AGREE TO ALL TERMS OF THIS DISCLAIMER. YOU ACCEPT FULL RESPONSIBILITY
//FOR YOUR TRADING DECISIONS AND ANY RESULTING OUTCOMES.
//═════════════════════════════════════════════════════════
//
//⚖️ LEGAL NOTICE
//──────────────
//If trading is regulated in your jurisdiction, ensure you comply with all
//applicable laws and regulations. The creator assumes no responsibility for
//any legal consequences resulting from your use of this indicator.
//
//📅 Last Updated: 24 December 2025
//═══════════════════════
//
//💪 Trade Smart. Trade with Discipline. Stay on the Trend Side!
📋 REGULATORY DISCLOSURE
//───────────────────
//- NOT SEBI REGISTERED - The creator is not registered with SEBI (Securities
// and Exchange Board of India) or any other financial regulatory authority.
//
//- NOT FINANCIAL ADVICE - This indicator is provided for EDUCATIONAL and
// INFORMATIONAL purposes only. It does not constitute financial advice,
// investment advice, trading advice, or any other sort of advice.
//
//- NO INVESTMENT ADVISOR RELATIONSHIP - Use of this indicator does not create
// an advisory or fiduciary relationship between you and the creator.
//
//⚠️ PERFORMANCE & ACCURACY
//─────────────────────
//- NO GUARANTEE OF RESULTS - Past performance does NOT guarantee future results.
// Profitable trades in backtesting or historical data do not ensure future
// profitability.
//
//- NO WARRANTY - This indicator is provided "AS IS" without warranty of any kind,
// either expressed or implied. The creator makes no guarantee regarding accuracy,
// reliability, or completeness of signals.
//
//- MARKET RISKS - All trading involves substantial risk. Markets can be volatile,
// unpredictable, and subject to sudden changes. No indicator can predict market
// movements with certainty.
//
//💰 FINANCIAL RISK WARNING
//─────────────────────
//- HIGH RISK OF LOSS - Trading in stocks, derivatives, forex, crypto, and other
// financial instruments involves substantial risk of loss and is not suitable
// for all investors.
//
//- CAPITAL AT RISK - You should only trade with capital you can afford to lose
// completely. Never invest money you cannot afford to lose.
//
//- LEVERAGE RISKS - If trading with leverage or margin, losses can exceed your
// initial investment. Use leverage cautiously.
//
//- EMOTIONAL & PSYCHOLOGICAL RISKS - Trading can be stressful. Ensure you have
// the emotional capacity to handle potential losses.
//
//👤 YOUR SOLE RESPONSIBILITY
//─────────────────────
//- PERSONAL ACCOUNTABILITY - You are SOLELY and ENTIRELY responsible for:
// ✗ All trading decisions you make
// ✗ All profits and losses resulting from your trades
// ✗ All tax obligations and regulatory compliance
// ✗ Understanding the risks involved before trading
//
//- DO YOUR OWN RESEARCH - Never trade based solely on indicator signals. Always:
// ✓ Conduct your own analysis and research
// ✓ Understand the assets you're trading
// ✓ Have a clear risk management strategy
// ✓ Use proper position sizing
// ✓ Set and follow stop losses
//
//- SEEK PROFESSIONAL ADVICE - Consult with a qualified, registered financial
// advisor before making investment decisions, especially if you're uncertain
// about the suitability of any investment.
//
//- BACKTESTING RECOMMENDED - Before using this indicator with real money:
// 1. Backtest on historical data
// 2. Paper trade to verify performance
// 3. Start with small position sizes
// 4. Gradually scale up only after consistent results
//
//- NO OPTIMAL SETTINGS - There is NO "perfect" setting that works for all
// markets, timeframes, or trading styles. What works in one market condition
// may fail in another.
//
//📊 INDICATOR LIMITATIONS
//──────────────────
//- TOOL, NOT SOLUTION - This indicator is a TOOL to assist your analysis. It
// should be used as part of a comprehensive trading strategy, not as a
// standalone system.
//
//- LAGGING INDICATORS - Most technical indicators, including this one, are based
// on historical price data and may lag current market conditions.
//
//- FALSE SIGNALS - All indicators generate false signals. No indicator is 100%
// accurate. Losses are inevitable in trading.
//
//- WORKS BEST IN TRENDS - This indicator is designed for trending markets. It
// may produce suboptimal results in sideways/ranging markets.
//
//🚫 WHAT THIS INDICATOR DOES NOT DO
//───────────────────────────
//✗ Does NOT guarantee profits
//✗ Does NOT eliminate risk
//✗ Does NOT replace proper education
//✗ Does NOT work 100% of the time
//✗ Does NOT predict the future
//✗ Does NOT replace risk management
//✗ Does NOT compensate for poor trading discipline
//
//✅ BEST PRACTICES FOR SAFE USAGE
//─────────────────────────
//1. EDUCATE YOURSELF - Learn about technical analysis, risk management, and
// trading psychology before trading with real money.
//
//2. START SMALL - Begin with paper trading or very small positions until you
// develop confidence and consistency.
//
//3. RISK MANAGEMENT - Never risk more than 1-2% of your capital on a single trade.
//
//4. USE STOP LOSSES - Always use stop losses. This indicator provides trailing
// stop levels - USE THEM!
//
//5. COMBINE METHODS - Use multiple forms of analysis (fundamental, technical,
// sentiment) along with this indicator.
//
//6. JOURNAL YOUR TRADES - Keep a detailed trading journal to learn from both
// wins and losses.
//
//7. MANAGE EMOTIONS - Follow your trading plan. Don't chase trades or revenge
// trade after losses.
//
//8. TEST BEFORE TRADING - Thoroughly backtest and forward test any settings
// before using real money.
//
//📞 QUESTIONS OR ISSUES?
//──────────────────
//This indicator is provided as-is for educational purposes. The creator provides
//no ongoing support, guarantees, or liability for its use.
//
//══════════════════════════════════════════════════
//BY USING THIS INDICATOR, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD,
//AND AGREE TO ALL TERMS OF THIS DISCLAIMER. YOU ACCEPT FULL RESPONSIBILITY
//FOR YOUR TRADING DECISIONS AND ANY RESULTING OUTCOMES.
//═════════════════════════════════════════════════════════
//
//⚖️ LEGAL NOTICE
//──────────────
//If trading is regulated in your jurisdiction, ensure you comply with all
//applicable laws and regulations. The creator assumes no responsibility for
//any legal consequences resulting from your use of this indicator.
//
//📅 Last Updated: 24 December 2025
//═══════════════════════
//
//💪 Trade Smart. Trade with Discipline. Stay on the Trend Side!
สคริปต์แบบโอเพนซอร์ส
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้เป็นโอเพนซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันฟังก์ชันการทำงานของมันได้ ขอชื่นชมผู้เขียน! แม้ว่าคุณจะใช้งานได้ฟรี แต่โปรดจำไว้ว่าการเผยแพร่โค้ดซ้ำจะต้องเป็นไปตาม กฎระเบียบการใช้งาน ของเรา
คำจำกัดสิทธิ์ความรับผิดชอบ
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สคริปต์แบบโอเพนซอร์ส
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้เป็นโอเพนซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันฟังก์ชันการทำงานของมันได้ ขอชื่นชมผู้เขียน! แม้ว่าคุณจะใช้งานได้ฟรี แต่โปรดจำไว้ว่าการเผยแพร่โค้ดซ้ำจะต้องเป็นไปตาม กฎระเบียบการใช้งาน ของเรา
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน