Overview

The CPR Relation Screener (Yearly) is designed for investors seeking a structured approach to market analysis over extended timeframes. By scanning for 2-period CPR relationships based on yearly pivot levels, this tool highlights critical trends, reversals, and strategic investment opportunities. Ideal for those with a long-term horizon, it simplifies the process of analyzing market behavior and identifying high-probability setups for confident decision-making.

Key features

• 2-Period CPR Analysis: Scans markets based on the relationship between current and previous yearly CPR levels.
• High-Probability Filtering: Detects instruments with potential long-term trends, reversals, or macro-level shifts.
• Customizable Settings: Allows investors to tailor the screener to their strategic criteria and portfolio focus.
• Multi-Instrument Support: Compatible with stocks, forex, futures, commodities, and other asset classes.
• Extended Timeframe Analysis: Designed for long-term market evaluation and strategic investment decisions.
• Investment Optimization: Focused on providing actionable insights for investors aiming for consistent, long-term growth.

Benefits for traders

• Save Time: Quickly identify instruments matching high-probability CPR setups
• Enhance Accuracy: Focus on long term positions with clear trend or change of bias signals
• Improve Efficiency: Streamline your investments analysis process
• Adaptable to Strategies: Customize the screener for your specific investing needs
• Expand Opportunities: Scan multiple markets to uncover hidden investing setups

How it works

The CPR Relation Screener (Yearly) leverages advanced market analysis to identify key investment opportunities by scanning for relationships between the current and previous year’s CPR levels.

Here’s how it works:

• Inside CPR Relationship: Finds instruments where the current year’s CPR is narrower and contained within the previous year’s CPR, often signaling consolidation and potential breakouts

• Higher CPR Relationship: Identifies instruments where the current year’s s CPR is positioned above the previous year’s CPR, indicating bullish momentum

• Lower CPR Relationship: Scans for cases where the current year’s CPR is entirely below the previous year’s CPR, 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: Detects instruments with two consecutive inside CPR relationships, signaling compression and a heightened likelihood of breakouts

• Change of Bias to Long: Highlights transitions from a 2-year 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 higher CPR relationship to a bearish bias when price closes below the upcoming CPR

This screener provides a systematic way to analyze market structures and price behaviors, helping investors quickly pinpoint high-probability investments with minimal effort.

Settings

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

Who can use it?

• Investors: Looking for long-term opportunities using yearly CPR relationships

• Market Analysts: Exploring extended trends, structural shifts, and reversals on a yearly basis

• Portfolio Managers: Leveraging yearly pivots to guide strategic asset allocation

• Institutional Investors: Identifying macro-level opportunities across markets

• Strategy Developers: Building long-term, data-driven investment models

• Experienced Investors: Seeking precise insights into yearly market behavior for optimized portfolio decisions.

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.