Overview

The CPR Relation Screener (Bundle) is the ultimate multi-timeframe market analysis tool for traders and investors of all styles. By scanning for 2-period CPR relationships across Daily, Weekly, Monthly, Quarterly, and Yearly pivot levels, this bundle highlights critical trends, change of biases, and high-probability setups at every timeframe. Whether you’re a day trader seeking intraday opportunities, a swing trader analyzing mid-term trends, or an investor focusing on long-term strategies, this comprehensive package streamlines the process of market analysis and decision-making.

Key features

• 2-Period CPR Analysis: Scans markets based on the relationship between current and previous yearly CPR levels.
• Multi-Timeframe Precision: Includes Daily, Weekly, Monthly, Quarterly, and Yearly CPR screeners for versatile market analysis.
• High-Probability Filtering: Detects setups for trends, reversals, breakouts, or bias shifts at every level.
• Customizable Settings: Tailor each screener to your specific trading style and criteria.
• Multi-Instrument Support: Compatible with stocks, forex, futures, commodities, and more.
• Comprehensive Strategy Support: Suitable for intraday, swing, position trading, and investing strategies.

Benefits for traders

• Save Time: Quickly identify opportunities across multiple timeframes

• Enhance Accuracy: Spot trends, breakouts, and bias shifts with clear CPR relationships

• Improve Efficiency: Streamline your analysis process with powerful, all-in-one scanning tools

• Adaptable to Strategies: Use the appropriate timeframe for day trading, swing trading, or long-term investing

• Expand Opportunities: Explore broader market trends with seamless multi-timeframe insights

How it works

The CPR Relation Screener (Bundle) combines the functionality of all CPR screeners, allowing users to analyze market behavior dynamically across different timeframes.

Here’s what it offers:

• Inside CPR Relationship: Finds instruments where CPR is narrower and contained within the prior period, signaling consolidation and potential breakouts

• Higher CPR Relationship: Highlights instruments with CPR entirely above the prior period, indicating bullish momentum

• Lower CPR Relationship: Identifies instruments with CPR below the prior period, signaling bearish momentum

• GPZ Bullish Zone: Highlights setups where the CPR levels align with Camarilla support levels, suggesting bullish confluence

• GPZ Bearish Zone: Identifies instruments where the CPR levels align with Camarilla resistance levels, indicating bearish confluence

• Inside Advanced CPR Relationship: Pinpoints multiple inside CPR relationships, signaling compression and potential for strong breakouts

• Change of Bias to Long: Highlights transitions from a 2-period CPR lower relationship to a bullish bias when price closes above the upcoming CPR

• Change of Bias to Short: Detects shifts from a 2-year period CPR relationship to a bearish bias when price closes below the upcoming CPR

This bundle provides a systematic approach to analyze market structures, enabling traders and investors to pinpoint opportunities with precision across all timeframes.

Settings

• MINPRICE: the lowest price to scan the market for
• MAXPRICE. the highest price to scan the market for
• HIGHER: flag to scan for 2-period CPR higher relationship (very bullish)
• LOWER: flag to scan for 2-period CPR lower relationship (very bearish)
• INSIDE: flag to scan for 2-period CPR inside relationship (potential breakout)
• INSIDEADV: flag to scan for 2-period CPR inside advanced relationship (more potential breakout)
• GPZBULL: flag to scan for 2-period CPR higher relationship with Camarilla L3 in confluence with the CPR (very bullish)
• GPZBEAR: flag to scan for 2-period CPR lower relationship with Camarilla H3 in confluence with the CPR (very bearish)
• CHANGEBIASLONG: flag to scan for 2-period CPR change of bias from short to long relationship (bullish)
• CHANEGBIASSHORT:  flag to scan for 2-period CPR change of bias from long to short relationship (bearish)
• NEXTCPR: flag to scan the market for the upcoming 2-period CPR relation. Unflag to scan the live market for current 2-period CPR relation.

Who can use it?

• Day Traders: Utilize the Daily CPR screener for precise intraday opportunities

• Swing Traders: Analyze weekly and monthly trends for mid-term strategies

• Position Traders: Leverage quarterly CPR insights to plan long-term trades

• Investors: Use the Yearly CPR screener to identify strategic investment opportunities

• Market Analysts: Gain a comprehensive view of market trends and structural shifts

• Strategy Developers: Build robust, multi-timeframe trading systems with detailed CPR data

Reference

The concept of 2-period CPR relations and their application in market analysis is inspired by established pivot-based trading methodologies, including insights from Frank Ochoa’s teachings. This screener has been independently developed and optimized for ProRealTime, offering a practical and efficient tool for traders to leverage these principles in their strategies.