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CPR Breakout/Breakdown Alert Candle
Indicator Description (CPR + 44 MA Breakout Reference Candle Alert):
This indicator generates an alert when a candle **crosses above or below a specific "reference candle."
A **reference candle** is formed when a candle on the current day **breaks out above both the Central Pivot Range (CPR) and the 44-period Moving Average (MA)** from below (for a bullish setup) or **breaks down below both CPR and 44 MA** from above (for a bearish setup).
Once this reference candle is identified, the indicator continues monitoring price action. **An alert is triggered when any future candle crosses above (for bullish) or below (for bearish) the high/low of this reference candle**, confirming momentum in the breakout or breakdown direction.
This helps traders catch strong directional moves early, using the CPR and 44 MA as key breakout levels.
This indicator generates an alert when a candle **crosses above or below a specific "reference candle."
A **reference candle** is formed when a candle on the current day **breaks out above both the Central Pivot Range (CPR) and the 44-period Moving Average (MA)** from below (for a bullish setup) or **breaks down below both CPR and 44 MA** from above (for a bearish setup).
Once this reference candle is identified, the indicator continues monitoring price action. **An alert is triggered when any future candle crosses above (for bullish) or below (for bearish) the high/low of this reference candle**, confirming momentum in the breakout or breakdown direction.
This helps traders catch strong directional moves early, using the CPR and 44 MA as key breakout levels.
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受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。