Identify Key Support & Resistance Like a Pro.**
The CPR (Central Pivot Range) Indicator is a cornerstone tool for serious intraday traders, providing an advanced and comprehensive calculation of daily, weekly, and monthly pivotal price levels. Moving beyond basic pivot points, the CPR Indicator generates a crucial Pivot Zone that helps you accurately assess market sentiment and anticipate high-probability reversal or breakout areas.
This indispensable tool simplifies daily price-level analysis, allowing traders—especially beginners—to confidently plan their entries and exits.
| CPR Component | Function & Interpretation |
| Central Pivot (PV) | The primary center point. Price trading Above PV signals a Bullish bias. Price trading Below PV signals a Bearish bias. |
| Top Central (TC) | Acts as immediate resistance. Price moving above TC indicates immense buy pressure and potential trend continuation. |
| Bottom Central (BC) | Acts as immediate support. Price moving below BC indicates strong sell pressure and potential downside continuation. |
| S/R Lines | Plots a series of additional Support (S1, S2...) and Resistance (R1, R2...) lines, which are ideal for setting profit targets and stop-loss levels. |
| Pivot Zone Width | A Narrow CPR suggests a potential breakout day (trending). A Wide CPR suggests a potential range-bound day (consolidation). |
Professional S/R: Automatically plots critical event areas used by institutional traders and day trading experts.
Simple Trend Assessment: Instantly determine the market's bullish or bearish sentiment based on price position relative to the Central Pivot (PV).
Trade Confirmation: It does not give straight signals, but it pinpoints the exact areas where you should look for candlestick patterns or confirmation from other tools (like Moving Averages) to execute an order.
Platform: MetaTrader 4 (MT4)
Type: Pivot / Support & Resistance Indicator
Calculation: Based on previous period's High, Low, and Close.