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CPR With Floor Pivot For Pine Language of

This document defines a study that plots daily, weekly, and monthly floor pivots and common price return (CPR) levels for a given security. It calculates the pivots based on the high, low, and close prices over different time periods and plots the main pivot points along with resistance and support levels. It also plots a 20-period exponential moving average and previous day's high and low prices for additional context.

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Viswanathan Valliappan
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© © All Rights Reserved
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683 views3 pages

CPR With Floor Pivot For Pine Language of

This document defines a study that plots daily, weekly, and monthly floor pivots and common price return (CPR) levels for a given security. It calculates the pivots based on the high, low, and close prices over different time periods and plots the main pivot points along with resistance and support levels. It also plots a 20-period exponential moving average and previous day's high and low prices for additional context.

Uploaded by

Viswanathan Valliappan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CPR1

//@version=3
study(title="Floor Pivots With CPR", shorttitle="Floor Pivots With CPR",
overlay=true)
defaultTimeFrame = ((isintraday) ? "D" : ((isdaily) ? "W" : ((isweekly) ? "M" :
"3M")))
inputTimeFrame = input(title="Time Frame", type=string, defval="Default")
chosenTimeFrame = (inputTimeFrame == "Default") ? defaultTimeFrame :
inputTimeFrame
getSeries(e, timeFrame) => security(tickerid, timeFrame, e,
lookahead=barmerge.lookahead_on)

H = getSeries(high[1], 'D')
L = getSeries(low[1], 'D')
C = getSeries(close[1], 'D')
// Main Pivot
P = (H + L + C) / 3
BC = (H + L)/2
TC = (P - BC) + P
// Resistence Levels
R3 = H + 2*(P - L)
R2 = P + (H - L)
R1 = (P * 2) - L
// Support Levels
S1 = (P * 2) - H
S2 = P - (H - L)
S3 = L - 2*(H - P)

//UX Input Arguments


pColor = blue
rColor = red
sColor = green
myWidthMainLevels = input(title="Line width for Main levels", type=integer,
defval=2, minval=1)
myStyle = stepline

plot(R3, title="R3", color=rColor, linewidth=myWidthMainLevels, style=myStyle)


plot(R2, title="R2", color=rColor, linewidth=myWidthMainLevels, style=myStyle)
plot(R1, title="R1", color=rColor, linewidth=myWidthMainLevels, style=myStyle)

plot(P, title="P", color=pColor, linewidth=myWidthMainLevels, style=myStyle)


p1 = plot(BC, title="BC", color=pColor, linewidth=myWidthMainLevels,
style=myStyle)
p2 = plot(TC, title="TC", color=pColor, linewidth=myWidthMainLevels,
style=myStyle)
plot(S1, title="S1", color=sColor, linewidth=myWidthMainLevels, style=myStyle)
plot(S2, title="S2", color=sColor, linewidth=myWidthMainLevels, style=myStyle)
plot(S3, title="S3", color=sColor, linewidth=myWidthMainLevels, style=myStyle)
fill(p1, p2, color=yellow, transp=60)

// Weekly Pivots
WH = getSeries(high[1], 'W')
WL = getSeries(low[1], 'W')
WC = getSeries(close[1], 'W')

// Main Pivot
WP = (WH + WL + WC) / 3
WBC = (WH + WL)/2
WTC = (WP - WBC) + WP

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CPR1
// Resistence Levels
WR3 = WH + 2*(WP - WL)
WR2 = WP + (WH - WL)
WR1 = (WP * 2) - WL
// Support Levels
WS1 = (WP * 2) - WH
WS2 = WP - (WH - WL)
WS3 = WL - 2*(WH - WP)
wStyle = circles
wWidthMainLevels = 2
plot(WR3, title="WR3", color=rColor, linewidth=wWidthMainLevels, style=wStyle)
plot(WR2, title="WR2", color=rColor, linewidth=wWidthMainLevels, style=wStyle)
plot(WR1, title="WR1", color=rColor, linewidth=wWidthMainLevels, style=wStyle)
plot(WP, title="WP", color=pColor, linewidth=myWidthMainLevels, style=cross)
wp1 = plot(WBC, title="WBC", color=pColor, linewidth=myWidthMainLevels,
style=cross)
wp2 = plot(WTC, title="WTC", color=pColor, linewidth=myWidthMainLevels,
style=cross)
plot(WS1, title="WS1", color=sColor, linewidth=wWidthMainLevels, style=wStyle)
plot(WS2, title="WS2", color=sColor, linewidth=wWidthMainLevels, style=wStyle)
plot(WS3, title="WS3", color=sColor, linewidth=wWidthMainLevels, style=wStyle)

fill(wp1, wp2, color=aqua, transp=60)

// Monthly Pivots
MH = getSeries(high[1], 'M')
ML = getSeries(low[1], 'M')
MC = getSeries(close[1], 'M')
// Main Pivot
MP = (MH + ML + MC) / 3
MBC = (MH + ML)/2
MTC = (MP - MBC) + MP

// Resistence Levels
MR3 = MH + 2*(MP - ML)
MR2 = MP + (MH - ML)
MR1 = (MP * 2) - ML
// Support Levels
MS1 = (MP * 2) - MH
MS2 = MP - (MH - ML)
MS3 = ML - 2*(MH - MP)
mStyle = cross
mWidthMainLevels = 2
plot(MR3, title="MR3", color=rColor, linewidth=mWidthMainLevels, style=mStyle)
plot(MR2, title="MR2", color=rColor, linewidth=mWidthMainLevels, style=mStyle)
plot(MR1, title="MR1", color=rColor, linewidth=mWidthMainLevels, style=mStyle)
plot(MP, title="MP", color=pColor, linewidth=myWidthMainLevels, style=stepline)
mp1 = plot(MBC, title="MBC", color=pColor, linewidth=myWidthMainLevels,
style=stepline)
mp2 = plot(MTC, title="MTC", color=pColor, linewidth=myWidthMainLevels,
style=stepline)
plot(MS1, title="MS1", color=sColor, linewidth=mWidthMainLevels, style=mStyle)
plot(MS2, title="MS2", color=sColor, linewidth=mWidthMainLevels, style=mStyle)
plot(MS3, title="MS3", color=sColor, linewidth=mWidthMainLevels, style=mStyle)
fill(mp1, mp2, color=purple, transp=80)

// EMA
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CPR1
emainterval = input(title="EMA Interval", type=integer, defval=20)
plot(ema(close, emainterval), color=blue, linewidth=2)
// Previous day high low
plot(isintraday ? security(tickerid, 'D', high) : na, title="Daily High",
color=black, linewidth=2, style=dashed)
plot(isintraday ? security(tickerid, 'D', low) : na, title="Daily Low",
color=black, linewidth=2, style=dashed)

Page 3

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