The Unbelievably Easy Way To take HIGH Probability Trades with Central Pivot Range Indicator

The Central Pivot Range (CPR) is an indicator to identify key price points to set up trades. CPR is especially useful for intraday trading.

The CPR consists of three components

Pivot - “Pivot = (High + Low + Close)/3”

Bottom Central Pivot (BC) - “Bottom CPR = (High + Close) 2″

Top Central Pivot (TC) - “Top CPR = (Pivot – BC) + Pivot”

The CPR helps the trader identify key price points and the associated trend around these price points.

Today’s CPR values act as the reference for tomorrow’s trading.

Bullish outlook, look for buying opportunities when the current market price is higher than the ‘Top central pivot’ or the (TC).

When the current market price is less than that of BC, there is bearishness in the market, hence looking for selling opportunities.

Virgin CPR:

If the candles have not been touched CPR then it is called Virgin CPR. This will act as Resistance / Support for the next couple of Days Best is to draw a line and watch be aware of the area

Narrow CPR

In this case, the future of CPR is narrow. This indicates that the stock is ready to trend in a particular direction. You need to look at the CPR Position to understand the trend direction. If the CPR is Below the previous CPR then its stock could trend down. If it is above it could move up. But you need also need to confirm this with other indicators. It is always good to wait to see how the trend forms before taking the trade.

Ascending CPR Bullish Setup

Use the One Day time frame with Monthly CPR andheikin ashi candles. Wait for the first candle make sure the Candle opens above the CPR for a long trade. The candle should have Wix above for the log trade. Make sure the CPR is up-trending.

[ Daily CPR for 5-30 Min, Weekly CPR for 1 Hour Two Hour, Monthly CPR for Daily Time Frame, and Quarterly CPR for Weekly Time Frame]

Descending CPR Bearish Setup

Use the One Day time frame with Monthly CPR andheikin ashi candles. The CPR should be going down like a staircase with at least 3 CPRs going down one below the other. Wait for the first candle make sure the Candle opens below the CPR for a short trade. The candle should have Wix below only for the short trade. Make sure the CPR is down-trending.

[ Daily CPR for 5-30 Min, Weekly CPR for 1 Hour Two Hour, Monthly CPR for Daily Time Frame, and Quarterly CPR for Weekly Time Frame]

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Please be advised that foreign currency, stock, and options trading involve a substantial risk of monetary loss. Neither recommends that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. All information contained on this website is provided as general commentary for informative and entertainment purposes and does not constitute investment advice

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