How can I use the CPR Indicator?
The Central Pivot Range (CPR) Indicator is widely used by day traders on FYERS to identify key support and resistance zones and predict market trends. It provides a price range that helps traders plan entries, exits, and stops more effectively based on historical price action.
What is the CPR indicator?
CPR is composed of three calculated levels:
- Pivot Point (PP) – The average of the previous day’s High, Low, and Close.
- Bottom Central Pivot (BC) – The midpoint between the previous day’s High and Low.
- Top Central Pivot (TC) – A calculated extension above the Pivot.
Even if TC calculates lower than BC (as in bearish setups), the higher value is always plotted as TC.
CPR visual structure:
- Pivot = (High + Low + Close) / 3
- BC = (High + Low) / 2
- TC = (Pivot - BC) + Pivot
Example calculation for HCL Technologies on 16th Dec:
- Previous Day High: 1161.95
- Previous Day Low: 1142.30
- Previous Day Close: 1148.90
- Pivot = (1161.95 + 1142.30 + 1148.90) / 3 = 1151.05
- BC = (1161.95 + 1142.30) / 2 = 1152.15
- TC = 1151.05 - (1152.15 - 1151.05) = 1150.00
Formula example chart:
How to apply CPR on FYERS Charts?
- Open FYERS Web or Mobile.
- Search and load your preferred stock or index chart.
- Click on the Indicators icon.
- Search for CPR with Pivot Levels.
- Apply the indicator — CPR lines will appear on your chart automatically.
Chart example with CPR Applied:
Using CPR for trading decisions
Example from 16th Dec (HCL Tech):
- Price initially trades above TC → Bullish outlook.
- Pullback occurs → Price touches and holds at CPR.
- Bullish rally follows → Suggests CPR acted as strong support.
Bullish pullback CPR setup chart:
Other common CPR setups
- Virgin CPR: When CPR levels are untouched for a session.
- CPR Breakouts: Price breaks out of the CPR zone strongly.
- CPR Pullback (Bearish): Price rallies to CPR but reverses.
- Price within CPR: Suggests indecision; wait for breakout.
CPR Width:
- Narrow: Likely breakout session
- Wide: Range-bound likely
- Price above TC: Strong bullish bias
- Price below BC: Strong bearish bias
What if...
| Scenario | Resolution |
|---|
| CPR not visible after applying | Ensure the time frame is intraday (e.g., 5m, 15m) |
| Levels overlap or appear narrow | Indicates potential high volatility or breakout setup |
| CPR looks wide and flat | Market may remain sideways or in a range |
CPR helps identify high-probability trade zones—but no indicator is foolproof. Always backtest and confirm with price action.
Last updated: 30 Jun 2025
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