Central Pivot Range is a trend and volatility forecasting tool. It is calculated from previous session's (day, week, or month) high, low, close values. It works on the idea that every trading session must be the result of its previous trading session.
Pivot, top pivot and bottom pivot values form the CPR. If the CPR for each trading session is getting higher...
This Developing Pivot Range(DPR) made by Saravanan_Ragavan based on Pivot Boss Developing Pivot Range Concept. This indicator will show how the CPR is developing during the day. Also it shows how trend developing. range fills with green and widening in up trend, wise versa range fills with red and widening in down trend.
Pivot Boss described as following about...
This is the developing cpr indicator made by Swastik.
It shows how the cpr is developing as the day is progressing.
The colour of the range is red when tc is below bc and green when tc is above bc .
While calculating the value of cpr , the high is the high from starting of the session and low is the low from starting of the session till that specific candle.
This...
![BANKNIFTY: Developing Pivot Range [Swastik]](https://s3.tradingview.com/8/88VrZ1rm_mid.png "Developing Pivot Range [Swastik]")
