I'm interested in learning about the CPR trading strategy. Could you please provide me with the formula or calculation behind this strategy? I want to understand how it works and how I can apply it in my trading decisions.
7 answers
ZenMindfulness
Wed Nov 20 2024
Specifically, the Pivot is obtained by summing the high, low, and close prices and then dividing the result by three.
Elena
Wed Nov 20 2024
Another indicator is the Bottom CPR, which is calculated as the average of the high and low prices.
Lorenzo
Wed Nov 20 2024
Technical indicators are derived from various price calculations.
BitcoinBaroness
Wed Nov 20 2024
To find the Bottom CPR, one simply adds the high and low prices together and then divides by two.
Daniele
Wed Nov 20 2024
The Top CPR indicator is derived using both the Pivot and Bottom CPR.