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 give you more confidence in performing your trades.
CPR Features: - The option to look at current or developing CPRs. - A resolution selector for all 4 CPRs - Options to hide and show Tops, Bottoms and Pivots separately - Various Styling options - Alerts
VWAP Features: - 3 x preset VWAPs set to daily, weekly and monthly - VWAP Lines from the daily O&C or H&L - Previous VWAP for S/R - Line Styling options
General Features: - Barcolors by pivots crossed or daily, weekly and monthly VWAP. - Barcolors by daily VWAP additionally contain an O and C check instead of just taking the price above or below the VWAP into consideration.
Notas de prensa
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Updated the Chart description
Notas de prensa
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Bugfix on the daily H/L Lines
Notas de prensa
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Updated the VWAP system and decluttered the settings.
What an incredible all in one. I have been using anchored vwap for some time now and I find it gives best entry but it changes based on the
HowardLee
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This is the best CPR script by far! Thank you for sharing I did notice something though. Everytime you click on or off a checkbox, all the settings within styles turns back to default. Do you have or can you point me towards any information on DeMark's Range Expansion? (it looks very interesting!)
djbuell
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Very Nice! Can you please explain (legend) the bar colors?
MartinWeb
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@djbuell, Barcolors by daily VWAP additionally contain an O and C check instead of just taking the price above or below the VWAP into consideration. IMO orange is a weaker downtrend as red - blue is a weaker uptrend as lime. You can also make the VWAP from the Open/Close and High and Low/Visible to see how it works.
dilace
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Very nice! :)
vas2201
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I could not able to plot developing CPR, could you please instruct me how to plot developing CPR ?
Kirandeepc
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Nice Work Buddy
PIVT42260
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Martin extremely impressed with your indicator. Thankyou brother.
chinnammand
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This is great work. God bless.
shacks420
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Good script. Would be great if u could include next day's developing CPR also