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Central Pivot Range and Pivot Points with Trap zone and Money Zone
"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
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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To avail discounts on the courses use coupon code : ANALYSIS3
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