It shows CPR range as per yesterday's HLC and also CPR range for last n number of trading sessions. For example: If you mention the value as two in Multi-day CPR (blue color) then it calculates the CPR using HLC of the last two trading sessions.
Also, the daily CPR is designed in such a way to highlight Virgin CPR (purple color) separately from the normal CPR(fuchsia color).
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Now it also has "developing CPR", which shows the CPR based on today's HLC with intraday time-frame charts. It will be dynamic rather than static. It will be be useful to trail your stop loss.
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Similar to developing CPR, we have multi-day developing CPR which shows the CPR based on high/lows of last n number of trading sessions with current candle's C in intraday time-frame charts.
Thanks for all the efforts you have put in here.
Can you also please make a video or a short writeup on the strategy? if would help every beginners like me to CPR strategy.
Thanks and much Respect for you.
kmkkalyana
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Hi @UnknownUnicorn5882959,
Do we have a scanner to scan the stocks at the last 15 min of the session where the developing CPR is narrow, which will be a narrow CPR for the following day. This will be very much helpful.
Thanks in advance.
Regards
Kalyan
jiragepb
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hi,thanks for the script...is it posible to plot multiday cpr before market opens like static lines
ajithrnaipl
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HI THX..you did great work..developing cpr & multiday developing cpr resolution same irrespective of all time frames, ensure is it right?
PoornimaGuru
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sir u add hourly or multi timaframe settings foe this indicator
datta_kota
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Hi @UnknownUnicorn5882959 I have no words to say...., this indicator has lot of strength that only traders love cpr can understand and i have been searching for vcpr for many days,I finally found this indicator and I personally love it
Thanks for your work and contribution
M9004857625
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Thanks for the wonderful script. I think there is a bug on developing BC code, this will only work on Indian stock market trading minutes, not for other market trading sessions like forex or Nasdaq,
Thanks for all the efforts you have put in here.
Can you also please make a video or a short writeup on the strategy? if would help every beginners like me to CPR strategy.
Thanks and much Respect for you.