The colors in the screener mean the following:
Blue : bar close price is > H4 or < L4
Red : bar close price is < H3 and > CPR top
Fuchsia : bar close price is < CPR top and > CPR bottom
Green : bar close price is < CPR bottom and > L3
No color means it is between H4/H3 or L3/L4
> H4 or < L4 , < H3 and > CPR top, < CPR top and > CPR bottom, < CPR bottom and > L3, H4/H3 or L3/L4
MarkBench
⋅
@vikkranntshah, That means the current price in relation to the pivot levels. H5, H4, H3, L3, L4, H5 are Camarilla pivot levels. CPR is the central pivot range, consisting of pivot top, pivot, and pivot bottom.
Where the current price is in relation to the pivot levels decides what kind of trade to take. For instance if the point just turned blue, meaning price over H4/below L4, then a possible trade is from H4/L4 is H5/L5. If the point is green (below CPR but above L3), then a possible trade is from L3 to H3.
Vikkrannt_Shah
⋅
@MarkBench, thanks for sharing, any other statuary on this like based on, Weightage, Average, hlc avg volume
Vikkrannt_Shah
⋅
@vikkranntshah, thanks for sharing, any other strategy on this like based on, Weightage, Average, hlc avg volume
MarkBench
⋅
@vikkranntshah, as far as the pivot levels go, there is not much to add except perhaps multiple timeframes. But if you have another idea to add I can try to work it in.
Vikkrannt_Shah
⋅
@MarkBench, thanks for being open i will share soon
Greater than R3 R4
Less than L3 L4
Can you help ..