How To Use CPR Indicator For Intraday Trading | Top Trend Indicator To Trade Breakouts

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Are you an intraday trader seeking an effective trend indicator for your technical analysis arsenal? Look no further than the Central Pivot Range (CPR) indicator—a powerful tool that can provide valuable insights into the direction of stocks or indices.

Central Pivot Range, or CPR, is a widely acclaimed intraday trading indicator to sense the trend of the market. By calculating the average of the High, Low, and Close of the previous trading session, the CPR indicator establishes three essential levels: the Central Pivot Point (CPP), Upper Range (UR), and Lower Range (LR).

You can monitor the price action around these key levels to identify potential entry and exit points. By integrating the CPR indicator into your trading strategy, you gain a significant advantage in identifying profitable intraday trading opportunities.

So watch this video to unlock the power of the CPR Indicator a.k.a Central Pivot Range and take your intraday trading to the next level!

00:00 What is Central Pivot Range (CPR)?
00:19 Formula of CPR
01:26 CPR on TradingView
02:22 How can you interpret CPR?
03:30 Example #1 How to identify the trend of Nifty 50 using CPR?
03:55 Example #2 Using CPR on Adani Enterprises
05:23 Example #3 Identifying trend of HDFC Bank
07:15 Example #4 Sideways market on Bank Nifty
07:30 Example #5 How Nifty IT trended post a sideways market?
08:20 Example #6 Bajaj Finance trending down
08:38 Examples when CPR did not work
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