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CPR + SR Breaks with OBV Divergence

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Core Features
Central Pivot Range (CPR)

Plots daily pivot (CP), bottom central (BC), and top central (TC) levels.

Key for intraday support/resistance. Price reactions near these levels signal opportunities.

Support/Resistance Tools
S/R: Auto-detects swing highs/lows as dynamic support/resistance.

S/R Re-Test: Highlights retest zones with customizable aging/deletion rules.

CISD: Marks intraday structural levels (breakout points).

Trend Indicators

SuperTrend: Follows trend direction (green = uptrend, red = downtrend).

Moving Averages: Multiple EMAs/SMAs (e.g., 20, 50, 100, 200) for confluence.

VWAP: Volume-weighted average price for dynamic support/resistance.

Advanced MAs

SALMA: Adaptive moving average with volatility filter (colored by trend).

VIDYA: Smooth trend-following MA with liquidity zones.

OBV Divergence

Detects hidden divergences between price and On-Balance Volume (OBV):

Bullish Divergence: Price makes lower lows, OBV makes higher lows (green labels).

Bearish Divergence: Price makes higher highs, OBV makes lower highs (red labels).

Table at bottom-right shows divergence strength and frequency.

Trend Strength Table

Top-right table summarizes:

Trend direction (Bullish/Bearish/Sideways)

Strength (Strong/Weak)

EMA Crosses & ADX momentum

How to Trade
Breakouts:

Enter trades when price breaks S/R levels with high volume (blue/green arrows).

Confirm with CPR/TC (resistance) or CPR/BC (support) breaks.

Reversals:

Watch for OBV divergences at key S/R levels (CISD or CPR).

Combine with SuperTrend flip (e.g., green to red = sell signal).

Trend Confluence:

Trade in the direction of the trend table (e.g., "Strong Bull" + EMA cross up).

Use SALMA/VIDYA as dynamic support in uptrends (or resistance in downtrends).

Penafian

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