Introduction and Acknowledgement:
The script is basically a mashup script and provides a combined functionality of various indicators. I'll explain the usefulness and the optimal usage of the script after giving the credits where it is due. A CPR indicator for visually identifying the trend along with the strength of the trend is NOT available in the public...
This indicator is created with the purpose of bringing all the indicators mentioned in "SECRETS OF PIVOT BOSS" with a neat presentation of pivot points for trading and back-testing purpose. The plots will be shown till the end of the session.
Nothing else apart from indicators mentioned in "SECRETS OF PIVOT BOSS" were added in this indicator.
All the formulae...
Thank you for reaching out to my Indicator.
This Indicator is a combination of 3 famous Intraday Indicators which are Central Pivot Range, Bollinger Bands & VWAP.
CPR indicator is created based on Frank Ochoa's calculations. This will contain Central Pivot, Bottom Central Pivot, Top Central Pivot. Also, it has 3 levels of Support and 3 levels of...
Pivots : Camarilla + CPR + Fib
Cpr use it to analyze next days move
and use camarilla or fib pivots as intraday support resistance
EMA/MA/VWMA/VWAP/MVWAP as per your convenience
RSI can be plotted on bars with colors
Price action included Dark cloud, engulf, three crows and white soldiers
Good afternoon traders,
This is a script I built for option selling, in attempt to have a high success rate.
The gist of how it works:
It uses the opening or close of the current chart's timeframe opening bar when referenced against a designated (higher) timeframe's central pivot range (CPR).
Using that comparison, this script calculates an option to sell: ...
This script will allow to add CPR with Standard Pivots and 4 Indicators.
Standard Pivot has 9 levels of support and 9 levels of resistance lines. It has CPR , 3 levels of Day-wise pivots , 3 levels of Weekly pivots and 3 Levels of Monthly Pivots .
In Addition to the CPR and Pivot, this script will allow user to Add 4 more Indicators - SMA, EMA, VWAP and...
This Script Combines daily, weekly and monthly VWAP (Volume Weighted Average Price) with a intraday, daily, weekly and monthly CPR (Central Pivot Range) - which is considered by some traders as the bread and butter of the market for a reason. A combination of Multiple CPRs and VWAPs from different timeframes can provide you with interesting confluences that can...
The indicator shows the width of the Central Pivot Range. Frank Ochoa call it It Pivot Range Histogram in his book.
Use it in conjunction with the Central Pivot Range indicator.
Below is the interpretation of the reading.
CPR Width > 0.5 - Sideways or Trading Range Day,
CPR Width > 0.75 - increases the likelihood of sideways trading behavior,
CPR Width <...
Fibonacci Fans application on top of Previous Higher TimeFrame High and Low. Idea owner is @faizannawaz1, special thanks to him for both the idea and tesing the application
WARNING : Study includes plottings in the future, and due to temporal gaps in non 7/24 markets such as weekends, holidays etc plotting of the fans will move to the open session (the effect...
The Golden Pivots indicator is a combination of the following:
1. Central Pivot Range
2. Floor Pivots
3. Camarilla Pivots
4. Monthly, Weekly, Daily Highs and lows
5. Candlestick Setups
All the pivot calculations are based on Secret of Pivot Boss book by Frank Ochoa.
One can also view tomorrow's central pivot range by today end of the day.
Based on a modified Hancock Pivot Range.
Displays the Central Pivot Range for 2 customisable Timeframes Along with Targets which are based on Classic Pivot Point Extensions.
The Pivot Point Extensions are Extended to the right of the price chart which helps eliminate unnecessary clutter
TF1 Displays Right Extensions R3 to S3 + the pivot point
TF2 Displays only...
This script is created primarily for Intraday trading but can also be used for short and long term trading. This is a combination of Central Pivot Range (CPR), Moving Averages and Camarilla Pivot levels (with inner levels). This helps you to combine the strategies of CPR and Moving Averages to identify the best trading opportunities with greater edge. Central...
1. Golden Pivot indicator combines Central Pivot Range and Camarilla Pivots.
2. Pivot calculations are based on Secret of Pivot Boss book by Frank Ochoa.
3. One can also view tomorrow's pivots by today EOD.
A convenient script for using CPR with R1S1 strategy with this indicator. It works on Daily, 60m and 15m timeframes. For all other timeframes it will display an error message.
The CPR values are calculated based on the following logic:
For 1D timeframe, pivot and R1 and S1 calculations are based on previous month candle
For 60m timeframe, pivot and R1 and S1...