Central Pivot Range (CPR) Indicator Explained | Daily, Weekly & Monthly Levels
Dhan ⚡
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Central Pivot Range (CPR) Indicator Explained | Daily, Weekly & Monthly Levels
9 549 просмотров · 2 недели назад
Dhan ⚡
361 тыс. подписчиков
9 549 просмотров · 2 недели назад
What is the CPR Indicator? In this video, we explain Central Pivot Range (CPR) and how traders can study Daily, Weekly, Monthly and Tomorrow CPR levels on Dhan Charts and Dhan DEX.
You’ll learn what the Central Pivot, Top Central Pivot and Bottom Central Pivot are, along with S1, S2, S3, R1, R2 and R3 levels. The video also demonstrates how multiple CPR timeframes can be viewed together without switching between different charts.
Topics Covered
What is CPR in trading?
What is Central Pivot Range?
Understanding Central Pivot, Top Pivot & Bottom Pivot
S1, S2, S3 support levels
R1, R2, R3 resistance levels
CPR Daily
CPR Weekly
CPR Monthly
CPR Tomorrow
Using multiple CPR timeframes together
Understanding CPR width and narrow CPR
CPR for intraday trading
CPR for swing trading
CPR for positional trading
Using CPR on Dhan Charts
Using CPR on Dhan DEX
Chapters
00:00 Introduction
00:18 Why Support & Resistance Matter
00:26 Understanding Pivot Points
00:40 What is CPR?
00:57 Why One Timeframe May Not Be Enough
01:11 The Importance of Multi-Timeframe Analysis
01:35 Multi-Timeframe CPR on Dhan Charts
01:59 Four CPR Indicators on Dhan
02:15 CPR Daily
02:37 Understanding CPR Levels
02:45 Narrow CPR & Market Movement
02:52 CPR Weekly
03:32 CPR Monthly
03:55 Understanding S1 & R1
04:19 CPR Tomorrow, Daily, Weekly & Monthly
04:28 CPR Pivot Levels Explained
04:35 Using Multiple CPR Timeframes
04:52 CPR for Different Trading Styles
05:09 Using CPR to Study Potential Market Levels
05:39 CPR on Dhan Charts & Dhan DEX
FAQs
What is CPR in trading?
CPR stands for Central Pivot Range. It is a price-based technical analysis tool consisting primarily of the Central Pivot, Top Central Pivot and Bottom Central Pivot.
What are the three main levels in CPR?
The three primary CPR levels are the Central Pivot, Top Central Pivot and Bottom Central Pivot.
What are S1, S2 and S3 in CPR?
S1, S2 and S3 are support levels that can be displayed alongside CPR.
What are R1, R2 and R3 in CPR?
R1, R2 and R3 are resistance levels that can be displayed alongside CPR.
What is Daily CPR?
Daily CPR provides CPR levels based on the relevant daily price data.
What is Weekly CPR?
Weekly CPR provides CPR levels based on weekly price data and can be used to study broader market levels.
What is Monthly CPR?
Monthly CPR provides longer-term pivot levels based on monthly price data.
What is Tomorrow CPR?
Tomorrow CPR refers to CPR levels calculated for the upcoming trading session using the relevant prior price data.
Can CPR be used for intraday trading?
Yes. CPR can be used as part of an intraday technical-analysis framework, alongside a trader's broader strategy and risk-management approach.
Can CPR be used for swing and positional trading?
Yes. Weekly and monthly CPR levels can be used to study broader price levels for swing and positional analysis.
What is a narrow CPR?
A narrow CPR refers to a relatively smaller Central Pivot Range. Traders may study CPR width alongside other market information, but it should not be treated as a guaranteed signal of a future move.
Where can I use CPR indicators?
The CPR indicators demonstrated in this video are available on Dhan Charts and Dhan DEX.
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