125m cpr 2@RAMLAKSHMANDAS

125m cpr 2@RAMLAKSHMANDAS

This all-in-one indicator overlays the following powerful tools on your chart:

Multiple Customizable Moving Averages:

Up to 5 EMAs and 5 SMAs, with selectable MA types (SMA, EMA, WMA, SWMA, VWMA, HMA).

Quickly visualize both trend and mean-reversion structure.

Central Pivot Range (CPR) & Floor Pivots:

Classic daily, weekly, and monthly pivots.

Automates calculation and charting of pivots, supports, and resistances.

Highlights central pivot range (CPR) zones.

Standard Bollinger Bands (±2×stddev):

Visual guide for volatility and squeeze conditions.

Breakout/Broken Down Signals (±3.5×stddev):

Clearly marks rare, extreme breakouts ABOVE 3.5×stddev with red triangles, and breakdowns BELOW −3.5×stddev with green triangles.

Sources for these break detections are user-selectable (e.g., can be high/low or close).

Highly Configurable:

All periods, types, sources, and multiplier values are user-selectable!

Control visibility of any module (MAs, Pivots, BB).

Best For: Traders seeking a single overlay for trend, range, volatility, support/resistance, and "outlier" breakouts.

How to Use
Adjust MA types and lengths as desired for your strategy.

Use the breakout triangles as rare event signals—these represent moves beyond 3.5× standard deviation relative to the central MA.

Use Floor/CPR pivots to anticipate key support/resistance zones across timeframes.

The indicator is suitable for any market or timeframe.

Author: @RAMLAKSHMANDAS
Pine Script version: v6