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!
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.