Shows central pivot point and developing central pivot point and colors both pivot ranges based on pivot criteria without using security function calls.
Green - Indicates up trend
Red - Indicates down trend
Orange - Indicates pivot point territory
This is the developing cpr indicator made by Swastik.
It shows how the cpr is developing as the day is progressing.
The colour of the range is red when tc is below bc and green when tc is above bc .
While calculating the value of cpr , the high is the high from starting of the session and low is the low from starting of the session till that specific candle.