"👌 Best indicator for intraday Trading🏹 ब्रह्मास्त्र इंडिकेटर":

Central Pivot Range and Pivot Points with Trap zone and Money Zone

Are you searching Best indicator for intraday & Swing Trading ?

"Leading indicator based on Price action is best indicator for intraday trading, & hence called the "Brahmastra" indicator" - Anil Hanegave

Central Pivot Range + Pivot Point indicator is based on price, which is considered the primary signal of future market movements. Institutional traders main focus is on the CPR (Central Pivot Range) indicator, Hence which is highly effective for trading direction.

We will start with Price as an Indicator 

Price itself is the first and most important indicator of market trends. Because it shows the pace and activity of market makers. Now If you add one tool along with the candlestick chart for Day trading then your accuracy will increase and it will avoid fake breakouts.

       CPR Indicator is the Leading indicator and best for Trading

    • CPR Level acts as important support and resistance. and will not change as per timeframe hence they are good and respected by FII and DII. Daily CPR consist of Pivot, TC and BC.
    • Weekly and Daily CPR:  But if we add weekly CPR then our accuracy will increase as long term trend will align with intraday trend. To use weekly and daily CPR levels to make trading decisions. Learn CPR by Trading Direction V3
                                          What is   Trading Strategy based on CPR indicator ?

  • WDP Sequence match : If the weekly CPR is below and the daily CPR is above, and the price breaks the Previous day high and R1 by the first 3 or 5-minute candle, this signals bullish market and an entry point. The stop loss should be set at below R1 or PDH and the target is 3 to 4 bullish candles or R2.
  • In Downtrend, if the weekly CPR is above and the daily CPR is below, and the price breaks the high of the first 5-minute candle, this also signals an entry point. The stop loss should be set at above S1.
Download Free CPR by trading Direction V 2 indicator from here https://drive.google.com/file/d/12Db3gGXdXhpmmND8kQoVE6dDaXoeo7v4/view?usp=drive_link   

How to set up CPR indicator on Trading view Platform  Watch this Video 

You can use this strategy for day trading and if you want to learn in detail then join Intraday Trading Mastery Program.

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Disclaimer: This investigation is only for instructive reason and contains no proposal. Kindly counsel your monetary guide prior to taking any monetary choice.






ANIL HANEGAVE

TRADER | MENTOR | AUTHOR

www.tradingdirection.in

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