If the price levels for a particular timeframe do not touch the CPR levels of the same timeframe, then that CPR is known as Virgin CPR .
There are a variety of ways you can use CPR indicator for your trading decisions.
1. CPR Breakout 2. CPR Width 3. CPR as Support and Resistance 4.Interpreting overall trend through CPR
About this Indicator-
• This Indicator Automatically plots Previous 30 / 60 days Virgin CPR and shift them for todays session. • Gives Option to change Color, Style & Thickness of CPR lines and color of Background of CPR.
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Added Option of Historical Days Virgin CPR and Minimal Optimization.
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Now you can change the Price Text Position of Virgin CPR to Right / Left / Center
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Added Virgin CPR Label
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Improved Performance.
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Improve Script Performance
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Improved Performance
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Layout Error in 24Hrs Session is Removed.
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IMPROVED OVERALL PERFORMANCE
PREVIOUSLY VIRGIN CPR WAS HIDDEN ON WEEKENDS,NOW ITS VISIBLE ON WEEKENDS ALSO
ADDED OPTION TO HIDE TESETED VIRGIN CPR
ADDED OPTION TO CHANGE THE COLOR OF THE TESTED VIRGIN CPR