CPR by Traders Hedge

Key features of the indicator.

Central Pivot Range:
The indicator automatically calculates the central pivot range and the possible dynamic support and resistance levels based on the current volatility of the time frame selected.

Key Support and Resistance Band:
The indicator plots the immediate key support and resistance zones for the time frame selected.

Higher Time Frame Pivots:
This feature plots the one time frame higher central pivot range and the higher time frame support and resistance zones which helps to visually analyze multi time frame trend on a single chart.

Plot Next Session Pivots:
Helps to analyze the trades before the next session starts.

Multi time frame VWAP:
Helps to plot multi time frame VWAP (Daily, Weekly, Monthly, Yearly) on the chart

PEMA:
Plots the pivot based moving average band which helps to visually identify the trend and this band acts as dynamic support and resistance.

Based on the trading style choose the below time based, then the pivots and respective supports and resistances are auto calculated and plotted.

Suggested Trade Type:
5 min - Intraday
30min/60 min - Micro Swing
Daily - Swing Trading
Weekly - Positional
Monthly - Investment

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