It shows CPR range as per yesterday's HLC and also CPR range for last n number of trading sessions.
For example: If you mention the value as two in Multi-day CPR (blue color) then it calculates the CPR using HLC of the last two trading sessions.
Also, the daily CPR is designed in such a way to highlight Virgin CPR (purple color) separately from the normal CPR(fuchsia color).
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
Thanks for all the efforts you have put in here.
Can you also please make a video or a short writeup on the strategy? if would help every beginners like me to CPR strategy.
Thanks and much Respect for you.
Hope it helps. Sorry for the delay.
Do we have a scanner to scan the stocks at the last 15 min of the session where the developing CPR is narrow, which will be a narrow CPR for the following day. This will be very much helpful.
Thanks in advance.