My CPR V2.0: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

173 lines of Pine Script v4 from MY_CPR_V2.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

MY_CPR_V2.pine

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Srini_vas

//@version=4
study("My CPR2", shorttitle="My_CPR V2.0", overlay=true)
//cenral pivot range
pivot = (high + low + close) /3 //Central Povit
BC = (high + low) / 2 //Below Central povit
TC = (pivot - BC) + pivot //Top Central povot

//3  support levels
S1 = (pivot * 2) - high
S2 = pivot - (high - low)
S3 = low - 2 * (high - pivot)

//3  resistance levels
R1 = (pivot * 2) - low
R2 = pivot + (high - low)
R3 = high + 2 * (pivot-low)

isToday = false

//Checkbox inputs
CPRPlot = input(title = "Plot CPR?", type=input.bool, defval=false)
DayS1R1 = input(title = "Plot Daiy S1/R1?", type=input.bool, defval=false)
DayS2R2 = input(title = "Plot Daiy S2/R2?", type=input.bool, defval=false)
DayS3R3 = input(title = "Plot Daiy S3/R3?", type=input.bool, defval=false)
WeeklyPivotInclude = input(title = "Plot Weekly Pivot?", type=input.bool, defval=false)
WeeklyS1R1 = input(title = "Plot weekly S1/R1?", type=input.bool, defval=false)
WeeklyS2R2 = input(title = "Plot weekly S2/R2?", type=input.bool, defval=false)
WeeklyS3R3 = input(title = "Plot weekly S3/R3?", type=input.bool, defval=false)
MonthlyPivotInclude = input(title = "Plot Montly Pivot?", type=input.bool, defval=false)
MonthlyS1R1 = input(title = "Plot Monthly S1/R1?", type=input.bool, defval=false)
MonthlyS2R2 = input(title = "Plot Monthly S2/R2?", type=input.bool, defval=false)
MonthlyS3R3 = input(title = "Plot Montly S3/R3?", type=input.bool, defval=false)
CPRAllDays = input(title = "Display CPR All Days", type=input.bool, defval=false)
PriorDays = input(title = "View Previous CPR", type=input.bool, defval=false)

if year(timenow) == year(time) and month(timenow) == month(time) and dayofmonth(timenow) == dayofmonth(time)
    isToday := true

//******************DAYWISE CPR & PIVOTS**************************
// Getting daywise CPR
DayPivot = security(syminfo.tickerid, "D", pivot[1], barmerge.gaps_off, barmerge.lookahead_on)
DayBC = security(syminfo.tickerid, "D", BC[1], barmerge.gaps_off, barmerge.lookahead_on)
DayTC = security(syminfo.tickerid, "D", TC[1], barmerge.gaps_off, barmerge.lookahead_on)
//Prev day high and low
prev_high = security(syminfo.tickerid, 'D', high[1],barmerge.gaps_off, barmerge.lookahead_on)
prev_low = security(syminfo.tickerid, 'D', low[1],barmerge.gaps_off, barmerge.lookahead_on)
plot(prev_high, title="Prev High", color=color.white,style=plot.style_circles, linewidth=1)
plot(prev_low,title="Prev low", color=color.green, style=plot.style_circles, linewidth=1)

//Adding linebreaks daywse for CPR
CPColour = DayPivot != DayPivot[1] ? na : color.fuchsia
BCColour = DayBC != DayBC[1] ? na : color.blue
TCColour = DayTC != DayTC[1] ? na : color.blue

//Plotting daywise CPR
plot(isToday or PriorDays ? DayPivot : na, title = "CP" , color = CPColour, style = plot.style_circles, linewidth =1)
plot((isToday or PriorDays) and CPRPlot ? DayBC : na , title = "BC" , color = BCColour, style = plot.style_circles, linewidth =1)
plot((isToday or PriorDays) and CPRPlot ? DayTC : na , title = "TC" , color = TCColour, style = plot.style_circles, linewidth =1)

// Getting daywise Support levels
DayS1 = security(syminfo.tickerid, "D", S1[1], barmerge.gaps_off, barmerge.lookahead_on)
DayS2 = security(syminfo.tickerid, "D", S2[1], barmerge.gaps_off, barmerge.lookahead_on)
DayS3 = security(syminfo.tickerid, "D", S3[1], barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for daywise Support levels 
DayS1Color =DayS1 != DayS1[1] ? na : color.orange
DayS2Color =DayS2 != DayS2[1] ? na : color.orange
DayS3Color =DayS3 != DayS3[1] ? na : color.orange

//Plotting daywise Support levels
plot(DayS1R1 ? DayS1 : na, title = "D-S1" , color = DayS1Color, style = plot.style_line, linewidth =2)
plot(DayS2R2 ? DayS2 : na, title = "D-S2" , color = DayS2Color, style = plot.style_line, linewidth =2)
plot(DayS3R3 ? DayS3 : na, title = "D-S3" , color = DayS3Color, style = plot.style_line, linewidth =2)

// Getting daywise Resistance levels
DayR1 = security(syminfo.tickerid, "D", R1[1], barmerge.gaps_off, barmerge.lookahead_on)
DayR2 = security(syminfo.tickerid, "D", R2[1], barmerge.gaps_off, barmerge.lookahead_on)
DayR3 = security(syminfo.tickerid, "D", R3[1], barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for daywise Support levels
DayR1Color =DayR1 != DayR1[1] ? na : color.orange
DayR2Color =DayR2 != DayR2[1] ? na : color.orange
DayR3Color =DayR3 != DayR3[1] ? na : color.orange

//Plotting daywise Resistance levels
plot(DayS1R1 ? DayR1 : na, title = "D-R1" , color = DayR1Color, style = plot.style_line, linewidth =1)
plot(DayS2R2 ? DayR2 : na, title = "D-R2" , color = DayR2Color, style = plot.style_line, linewidth =1)
plot(DayS3R3 ? DayR3 : na, title = "D-R3" , color = DayR3Color, style = plot.style_line, linewidth =1)

//******************WEEKLY PIVOTS**************************

// Getting Weely Pivot
WPivot = security(syminfo.tickerid, "W", pivot[1], barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for Weely Pivot 
WeeklyPivotColor =WPivot != WPivot[1] ? na : color.orange

//Plotting Weely Pivot
plot(WeeklyPivotInclude ? WPivot:na, title = "W-P" , color = WeeklyPivotColor, style = plot.style_circles, linewidth =1)


// Getting Weely Support levels
WS1 = security(syminfo.tickerid, "W", S1[1],barmerge.gaps_off, barmerge.lookahead_on)
WS2 = security(syminfo.tickerid, "W", S2[1],barmerge.gaps_off, barmerge.lookahead_on)
WS3 = security(syminfo.tickerid, "W", S3[1],barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for weekly Support levels
WS1Color =WS1 != WS1[1] ? na : color.green
WS2Color =WS2 != WS2[1] ? na : color.green
WS3Color =WS3 != WS3[1] ? na : color.green

//Plotting Weely Support levels
plot(WeeklyS1R1 ? WS1 : na, title = "W-S1" , color = WS1Color, style = plot.style_cross, linewidth =1)
plot(WeeklyS2R2 ? WS2 : na, title = "W-S2" , color = WS2Color, style = plot.style_cross, linewidth =1)
plot(WeeklyS3R3 ? WS3 : na, title = "W-S3" , color = WS3Color, style = plot.style_cross, linewidth =1)

// Getting Weely Resistance levels
WR1 = security(syminfo.tickerid, "W", R1[1], barmerge.gaps_off, barmerge.lookahead_on)
WR2 = security(syminfo.tickerid, "W", R2[1], barmerge.gaps_off, barmerge.lookahead_on)
WR3 = security(syminfo.tickerid, "W", R3[1], barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for weekly Resistance levels
WR1Color = WR1 != WR1[1] ? na : color.red
WR2Color = WR2 != WR2[1] ? na : color.red
WR3Color = WR3 != WR3[1] ? na : color.red

//Plotting Weely Resistance levels
plot(WeeklyS1R1 ? WR1 : na , title = "W-R1" , color = WR1Color, style = plot.style_cross, linewidth =1)
plot(WeeklyS2R2 ? WR2 : na , title = "W-R2" , color = WR2Color, style = plot.style_cross, linewidth =1)
plot(WeeklyS3R3 ? WR3 : na , title = "W-R3" , color = WR3Color, style = plot.style_cross, linewidth =1)

//******************MONTHLY PIVOTS**************************

// Getting Monhly Pivot
MPivot = security(syminfo.tickerid, "M", pivot[1],barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for Monthly Support levels 
MonthlyPivotColor =MPivot != MPivot[1] ? na : color.blue

//Plotting  Monhly Pivot
plot(MonthlyPivotInclude? MPivot:na, title = " M-P" , color = MonthlyPivotColor, style = plot.style_line, linewidth =1)

// Getting  Monhly Support levels
MS1 = security(syminfo.tickerid, "M", S1[1],barmerge.gaps_off, barmerge.lookahead_on)
MS2 = security(syminfo.tickerid, "M", S2[1],barmerge.gaps_off, barmerge.lookahead_on)
MS3 = security(syminfo.tickerid, "M", S3[1],barmerge.gaps_off, barmerge.lookahead_on)

//Adding linebreaks for Montly Support levels
MS1Color =MS1 != MS1[1] ? na : color.green
MS2Color =MS2 != MS2[1] ? na : color.green
MS3Color =MS3 != MS3[1] ? na : color.green

//Plotting  Monhly Support levels
plot(MonthlyS1R1 ? MS1 : na, title = "M-S1" , color = MS1Color, style = plot.style_circles, linewidth =1)
plot(MonthlyS2R2 ? MS2 : na, title = "M-S2" , color = MS2Color, style = plot.style_circles, linewidth =1)
plot(MonthlyS3R3 ? MS3 : na, title = "M-S3" , color = MS3Color, style = plot.style_circles, linewidth =1)

// Getting  Monhly Resistance levels
MR1 = security(syminfo.tickerid, "M", R1[1],barmerge.gaps_off, barmerge.lookahead_on)
MR2 = security(syminfo.tickerid, "M", R2[1],barmerge.gaps_off, barmerge.lookahead_on)
MR3 = security(syminfo.tickerid, "M", R3[1],barmerge.gaps_off, barmerge.lookahead_on)

MR1Color =MR1 != MR1[1] ? na : color.red
MR2Color =MR2 != MR2[1] ? na : color.red
MR3Color =MR3 != MR3[1] ? na : color.red

//Plotting  Monhly Resistance levels
plot(MonthlyS1R1 ? MR1 : na , title = "M-R1", color = MR1Color, style = plot.style_circles , linewidth =1)
plot(MonthlyS2R2 ? MR2 : na , title = "M-R2" , color = MR2Color, style = plot.style_circles, linewidth =1)
plot(MonthlyS3R3 ? MR3 : na, title = "M-R3" , color = MR3Color, style = plot.style_circles, linewidth =1)

Overview

My CPR V2.0 computes daily, weekly, and monthly pivot lines including Central Pivot, Top Central, and Bottom Central, as well as three tiers of support and resistance levels. Settings allow traders to individually toggle daily, weekly, and monthly levels, view previous day high and low lines, or filter display to current or prior days. Higher timeframe data is retrieved using security lookahead.

Central Pivot Range calculation with TC and BC
Multi-timeframe daily, weekly, and monthly levels
Three tiers of support and resistance lines
Configurable visibility toggles for individual pivot levels

Details

Published by

srinivas-yarramsetti on GitHub

Code credit

Srini_vas, as written in the script's header

Type

Indicator, Pine Script v4

Draws

On the price chart

Markets

Any symbol

Timeframes

M1-M5, M15-H1

Risk Notes

Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

MY_CPR_V2.pine

Repository

github.com/srinivas-yarramsetti/pinescript. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Plot CPR?	`bool`	`false`	`CPRPlot`
Plot Daiy S1/R1?	`bool`	`false`	`DayS1R1`
Plot Daiy S2/R2?	`bool`	`false`	`DayS2R2`
Plot Daiy S3/R3?	`bool`	`false`	`DayS3R3`
Plot Weekly Pivot?	`bool`	`false`	`WeeklyPivotInclude`
Plot weekly S1/R1?	`bool`	`false`	`WeeklyS1R1`
Plot weekly S2/R2?	`bool`	`false`	`WeeklyS2R2`
Plot weekly S3/R3?	`bool`	`false`	`WeeklyS3R3`
Plot Montly Pivot?	`bool`	`false`	`MonthlyPivotInclude`
Plot Monthly S1/R1?	`bool`	`false`	`MonthlyS1R1`
Plot Monthly S2/R2?	`bool`	`false`	`MonthlyS2R2`
Plot Montly S3/R3?	`bool`	`false`	`MonthlyS3R3`

Show all 14 settings

Setting	Type	Default	Variable
Display CPR All Days	`bool`	`false`	`CPRAllDays`
View Previous CPR	`bool`	`false`	`PriorDays`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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