Steps to calculate Pivot range: 01:16 1. Pivot point = A = (High + Low + Close)/3 2. B = (High + Low)/2 3. Pivot differential = C = (A - B) 3. Pivot range = A +/- C Pivot range 1 = P1 = (A + C) Pivot range 2 = P2 = (A - C) 4. So Pivot range is P1, A, P2
@winstonvinay6134 жыл бұрын
R these calculations for prior day ?
@MisterCurious5 жыл бұрын
While I was already familiar with the Daily Pivot Range or Central Pivot Range as some refer to it, I think you did a masterful job of presenting it here and showing others how to properly use it in their trading. Great job. The graphics of your presentation were simple but very classy as well.
@TheSecretMindset5 жыл бұрын
Thanks a lot!
@chongcheekion72405 жыл бұрын
@@TheSecretMindset hi good video, we know where to place SL but where should out TP be at?
@FerretMasterr3 жыл бұрын
Man. This guy has helped me understand so many technical indicators it’s not even funny. Everyone else talks way too much and my mind tends to wander. This guy get straight to the point, I follow the market while I pause his video and go back and forth. Thank you so much for insight.
@TheSecretMindset3 жыл бұрын
Thanks a ton!
@christthelogos5055 жыл бұрын
This guy has the best trading knowledge available for free on KZbin. Most the other guys trade strategies that are basically gambling with a stop loss order, and they either only have basic knowledge of trading, or you have to buy a membership to get an explanation of the technical details of the trading strategy. This guy is sharing advanced knowledge for free! I go back and watch each video a few times because I know I'm not retaining enough from each video just watching once or twice. May go back and watch taking notes next time... I just want to make sure I absorb what knowledge I can before he starts charging for it when he gets several million subscribers.
@TheSecretMindset5 жыл бұрын
Thanks. Don't worry, I intend to share a lot more in the future.
@islandboy12814 жыл бұрын
This was the first video I stumbled upon in your channel. I was so confused the first time watching last year, but after learning some trading skills here on your channel, it becomes clear. Thank you very much kind sir!! GREAT CONTENT!!!
@TheSecretMindset4 жыл бұрын
Happy to help!
@jt71007jt3 жыл бұрын
Exceptionally good strategy and with this I started making continuous profits. God bless you!
@arvindkothari93034 жыл бұрын
You are an excellent trainer with great clarity. Helps us. Thanks.
@TheSecretMindset4 жыл бұрын
Happy to help!
@TheSecretMindset5 жыл бұрын
✅ Discover the #1 Asset to Trade like a Professional - thesecretmindset.com/academy/ 🌐 Trade with an Award-Winning True ECN and STP Forex Broker - go.blackbullmarkets.com/visit/?bta=35247&brand=blackbull
@ryandaniel91105 жыл бұрын
Brand new info here! Never heard of daily pivot range. Great value!
@TheSecretMindset5 жыл бұрын
Thanks a lot!
@mrtmafiaa Жыл бұрын
You are simply an amazing teacher! Your videos are to the point, and so easy to understand any and all concepts.
@TheSecretMindset Жыл бұрын
Wow, thank you!👍
@bubblebath28923 жыл бұрын
Brilliant Video Man , I had been searching the internet for so long but this video only made me understand what is going on
@TheSecretMindset3 жыл бұрын
👍
@HydGeek4 жыл бұрын
This is the best Leading indicators that I use in my trading and is extremely useful. Besides the daily S&R, the weekly and monthly pivots also play a very important role in setting up the TP 👍
@TheSecretMindset4 жыл бұрын
Couldn't agree more!
@HydGeek4 жыл бұрын
One important thing that you probably forgot to add is that..... When the pivot range is narrow, you can expect a good trending market on that day.... and if wider, there is a good chance that the market would be sideways or range bound (some exceptions though... not a financial advice) Trade Safe.... Grest indicator that I have started using recently 👍
@TheSecretMindset4 жыл бұрын
Great tip
@nithyanandarain22254 жыл бұрын
Hi I am new to market .. could you help me to atleast read chart and put pivot ranges for the day
@MOON-ht7xk4 жыл бұрын
@@nithyanandarain2225 search CA NAGENDRA on KZbin u will get everything you need to know to trade
@nob.s.top5comparablesb3704 жыл бұрын
HydGeek that's a very good observation. That's how I understood it myself when I first started using the CPR. Thinner range means the markets would not have a problem breaching it and then cross over. Very good and practical interpretation. Thanks for mentioning it.....I am sure it will benefit someone in this group. 👍🏿
@nob.s.top5comparablesb3704 жыл бұрын
@@nithyanandarain2225 if you need good info on KZbin search for YTC by Lance Beggs and ICT by Michael. Just for the record, I don't get paid for this....I am helping some one just as the secret mindset videos have helped me!
@seedrcc7714 жыл бұрын
Best video about CPR
@Genome6894 жыл бұрын
Brilliant !! Im gonna use it going forward as a confirmation
@dek2000utube5 жыл бұрын
Would the system be even more powerful if you combined it with a volume filter?
@TheSecretMindset5 жыл бұрын
Yes, you're right. An OBV filter would work.
@valdebansilva56572 жыл бұрын
I LIKED SO MUCH HOWEVER WHERE IS THE INDICATORS PLEASE. THANKS FOR YOUR VIDEO
@TheSecretMindset2 жыл бұрын
Search SD on Tradingview and choose the first indicator.
@jorgecamara10304 жыл бұрын
I love all your videos great job keep up men
@ruslanarbie2 жыл бұрын
Hi, I wanna ask you, is the calculation of Daily Pivot Range from the High, Low n Close of Prev day or current day...thanks
@TheSecretMindset2 жыл бұрын
👍
@dondwiiplanets2452 жыл бұрын
It was amazing 👏 😍
@TheSecretMindset2 жыл бұрын
👍
@lee-royvers73543 жыл бұрын
Powerful video!
@TheSecretMindset3 жыл бұрын
👍
@biswajitsahoo44693 жыл бұрын
What is the function to add to trading view to see it??
@ilovescience3433 Жыл бұрын
Please what’s the best time frame to apply this concept?
@TheSecretMindset Жыл бұрын
H1 and above
@pk73934 жыл бұрын
Make more on CPR .good video . Love from india ❤️
@TheSecretMindset4 жыл бұрын
Will do soon
@zionven3 жыл бұрын
@@TheSecretMindset yes i love your content..top notch...regards from india... please make more videos on CPR
@salahb77533 жыл бұрын
Is there an indicator which calculates it for you ?
@yanivacebullet9 ай бұрын
Is it better strategy than the camarilla strategy on your paid course ?
@TheSecretMindset9 ай бұрын
No, CMR one is clearly better👍
@Rakesh-ml5me3 жыл бұрын
Very valuable lesson thank you
@TheSecretMindset3 жыл бұрын
👍
@arunravi48664 жыл бұрын
clear explanation of cpr. thanks
@maganigovardhan24964 жыл бұрын
Very nice video and knowledge
@stewkelsall49955 жыл бұрын
Would you use the monthly and weekly timeframes to add further your analysis for this strategy?
@TheSecretMindset5 жыл бұрын
Yes, 100%.
@roman.mueller3 жыл бұрын
What exactly would be the entry trigger for the next day to place a buy or sell order after previous day's CPR gave you a bias for today? You say something like "when price finds support or resistance". Could you be more concrete? It could be the first M1 candle touching today's CPR, it could be waiting for M15 close there. That could mean a big difference...
@TheSecretMindset3 жыл бұрын
New video on CPR soon
@RandomPosts02063 жыл бұрын
Sir Pls it is my humble request to please make a video on camarilla pivot strategy,l Pls Pls sir
@akhillalv1319 Жыл бұрын
Which forex pairs should i trade using the strategy
@TheSecretMindset Жыл бұрын
I prefer GBPJPY, EURJPY and GBPUSD.
@davidedraghetti11574 жыл бұрын
Excellent as always, thank you Sir
@subhransupadhy2652 жыл бұрын
Pivot range should be analysed in which time frame for intraday trading ?
@TheSecretMindset2 жыл бұрын
M15/M30
@Arun_srinivasan3 жыл бұрын
Great tip bro thanks
@options888 Жыл бұрын
HEY, CAN PIVOT POINTS BE USED FOR SWING TRADING - ROUGHLY 3DAYS TO 7 DAYS?
@TheSecretMindset Жыл бұрын
100% 👍
@priyachahal24594 жыл бұрын
Ima little confused, at what point in the day would you calculate the pivot range is this based on daily time chart only?. i.e i calculated yesterdays pivot range today given that we have the daily high, low and close. But when would i calculate this for current day to help execute a trade?
@damianferreira78803 жыл бұрын
what is the indicator called in the trading view. I couldn't find it in the list. CPR but who is the author?
@TheSecretMindset3 жыл бұрын
search central pivot range
@dhananjay6774 жыл бұрын
You are just amazing and genius
@kevreutens15434 жыл бұрын
Very well explained. Even I understood it!
@cosmopolitanmind55835 жыл бұрын
Great. Is there any apps or calculator available to calculate the pivot range precisely so I can add them to my trading terminal manually???
@TheSecretMindset5 жыл бұрын
In Tradingview use pivot boss indicator.
@irfansyah36963 жыл бұрын
Sir, please make make a video about camarilla pivot point + central pivot range
@removing.complexity4 жыл бұрын
So we can use pivot only for day trading?
@devalmehta60424 жыл бұрын
Can we trade within the daily range
@Reincarnatedmakaveli4 жыл бұрын
Mate your explanation with figures and numbers is A1#greatful how you present it, is so useful helps; me understand trading methods better again cant thank you enough. Any one reading credit to this man, watch his videos. You will make money but more so, save so many losing trades. Past couple of weeks been seeing more green then reds, keep up good work yet to plough through more of you videos, but maybe could do some tutorials on how to value stocks, investing finding intrinsic value etc. if that the kind area you could help or shed of your knowledge buddy, any books you would recommend?
@sharahus4 жыл бұрын
Great information. Where would one take profit?
@salahb77533 жыл бұрын
Hi very good video. Is there an indicator that calculates it and plot it on the chart ?
@TheSecretMindset3 жыл бұрын
Sure, just search it on Tradingview.
@Journeyoflife19975 жыл бұрын
Great job sir...of course it will help for new comers
@endibowo4 жыл бұрын
so, if i am trading using daily TF i guess i should find the weekly Pivot range right?
@nagendravids3 жыл бұрын
Hi does this work on FX ?
@TheSecretMindset3 жыл бұрын
100%
@abdullahpazvant3395 жыл бұрын
is it possible to combine pp with 3EMA strategy for pullback entry ??
@TheSecretMindset5 жыл бұрын
Yes, of course. You'll find better entries for sure.
@srinudownload85694 жыл бұрын
The day is closed and thus one could calculate for that day and as per the range values - it gives bullish or bearish bias. But how do you get pivot range for the next day so as to consider its support or resistance levels. For e.g. citing the example of yours H 100, L 90 and C 98, Pivot range = 95-97. How do you use it for next day?
@piyushchoubey25864 ай бұрын
Indicator is already in trading view
@nahidfaraji50695 жыл бұрын
Does this method will work on Options
@munkh-erdenealtankhuyag16704 жыл бұрын
I am huge fan where can i download pivot point indicator like this?
@अर्थकारण-झ1त3 жыл бұрын
@The Secret Mindset Great video! just one doubt what does narrow or broad range of CPR implies?
@MoneyMakers3913 жыл бұрын
Narrow CPR indicates one side market Broad CPR indicates range bound market
@अर्थकारण-झ1त3 жыл бұрын
@@MoneyMakers391 Thanks man
@Ruben-xt5hj3 жыл бұрын
I can t find any Central pr indicator on tradingview(apart from the comunity ones) Isnt there any??
@TheSecretMindset3 жыл бұрын
write "SD" and choose the first one
@Ruben-xt5hj3 жыл бұрын
@@TheSecretMindset Mersi mult😜😜
@TheSecretMindset3 жыл бұрын
@@Ruben-xt5hj Cu placere😎
@kidpoker0072 жыл бұрын
Does this work for futures trading
@TheSecretMindset2 жыл бұрын
👍 Sure
@MANIKANDANE-mt8zz4 жыл бұрын
New nice bro keeps and rocks
@ramding33415 жыл бұрын
Thanks for the great video keep up the great work on which timeframes does it work only on the dialy?
@TheSecretMindset5 жыл бұрын
You can use it intraday also (M15, M30)
@jamesmurray53453 жыл бұрын
Can you trade the Dow with with ?
@TheSecretMindset3 жыл бұрын
Of course!
@jamesmurray53453 жыл бұрын
@@TheSecretMindset be good if you could do a live trade to show everyone
@remesa72404 жыл бұрын
This is sooo informative and soo much knowledge gained. Please how can I get this pivot range indicator?
@TheSecretMindset4 жыл бұрын
Use Tradingview
@soccermedia99294 жыл бұрын
I search for pivot range indicator but I couldn't find it.
@thezyg63113 жыл бұрын
Which indicator is this in TradingView? Pivot point standard gives me level of support and resistance rather than just a range.
@TheSecretMindset3 жыл бұрын
central pivot range (CPR)
@thezyg63113 жыл бұрын
@@TheSecretMindset Great, really useful principle which seems to work pretty well.
@stephaneleclair94625 жыл бұрын
Just subscribed. I can see the hard work you put in your video to make us better trader. Thank you a lot! I found Pivot Point not being the best tool for day trading the top winner of the day as the price get very far from it. What's your favorite tool and strategy for day trading top winner low float stock of the day where all the volatility is? Thanks! :)
@TheSecretMindset5 жыл бұрын
Well, I use pivots as the main tool on my charts, I believe the opposite: PP are probably the best tools for day trading :).
@stephaneleclair94625 жыл бұрын
@@TheSecretMindset I'll give it a try but you probably are day trading big float stock like Apple or Tesla, right? Take a look on PSTV on august 16th. Do you still think PP are usefull or I'm missing something? :)
@TheSecretMindset5 жыл бұрын
@@stephaneleclair9462 That's right, I tend to stay away from low float stocks, but PP worked perfectly on PSTV. Made a screenshot: tiny.cc/tfmcbz
@stephaneleclair94625 жыл бұрын
@@TheSecretMindset Thanks for the screenshot man. A weekly breakout as you showed in this picture would be only good if you were watching this stock on a daily basis waiting for this breakout then you buy at the opening, is it right? My question was on day trading or scalping. Each day, there's a new low float that explose at the opening and my original question was how can we benefit from the PP, in this situation, to help us decide our entry points and exits? Here's a picture of my interogation. Currenlty I only draw trend line breakout on the 1 minute chart with Level 2 but it's hard to be accurate and I'm looking for a better way. prnt.sc/ou6gh6 Thanks a lot for your help and keep doing those high quality video. :)
@edwardwiafe2242 жыл бұрын
A top video
@tjbryant364 жыл бұрын
Does this leading indicator work well with the MACD?
@TheSecretMindset4 жыл бұрын
Definitely!
@prakash_87193 жыл бұрын
Very good info
@TheSecretMindset3 жыл бұрын
Glad it was helpful!
@salkdjfasldkfjsdlk4 жыл бұрын
Great video. I've been using Pivot Points with some success and this could add to it. I'm doing back tests today. I did have one question. You mentioned at 5:40 you said that if the price closed above the same days Pivot Range, that it's bullish. How do I factor that in the next day when I should be looking at the previous days close and the same days new Pivot Range. Thanks for any tips.
@drobertp505 жыл бұрын
Thank you very much. Very clear.
@TheSecretMindset5 жыл бұрын
Thank you!
@cyberspider789102 жыл бұрын
seems bullish and bearish bias are switched ? Some one plese Correct me , if I am wrong.
@Vishnuvar10425 жыл бұрын
Good work 👍
@SufianLau4 жыл бұрын
Great content TSM :) Gracias
@SufianLau4 жыл бұрын
Your voice is not so clear. Your speaker bass is probably too high.
@TheSecretMindset4 жыл бұрын
Glad you enjoy it!
@Karnika215 жыл бұрын
What would be time frame?
@david-ct3ek4 жыл бұрын
Great information dude, I'm currently using cpr and this was very valuable ,thanks
@TheSecretMindset4 жыл бұрын
Great to hear!
@synthians1 Жыл бұрын
Do you still use it?
@jitendrapatel50245 жыл бұрын
does it work in forex pairs
@TheSecretMindset5 жыл бұрын
Yes, the same principle applies.
@soccermedia99294 жыл бұрын
What is the name of this indicator. I Searched in trading view but I couldn't find it
@nob.s.top5comparablesb3704 жыл бұрын
Cpr central pivot range or daily pivot range
@raipuriimian4 жыл бұрын
Great work
@TheSecretMindset4 жыл бұрын
Thank you! Cheers!
@marisolslittlekitchen4 жыл бұрын
compliment very we exaplained
@TheSecretMindset4 жыл бұрын
Thanks a lot
@dimitriskovsr50645 жыл бұрын
Does this method work on lower timeframes like 5min? And how does it work on the cryptocurrency market?
@TheSecretMindset5 жыл бұрын
I don't trade crypto markets.
@danmihai80475 жыл бұрын
Good value my friend
@TheSecretMindset5 жыл бұрын
Thank you, Dan!
@nob.s.top5comparablesb3704 жыл бұрын
Shout-out to The Secret Mindset for the great contents! Love your videos. 👍🏿 P/S If possible at your convenience.. Can you make a video on the PVP indicator?
@TheSecretMindset4 жыл бұрын
Noted!
@pablosimbajon27015 жыл бұрын
is Pivot Range applicable to Forex?
@TheSecretMindset5 жыл бұрын
Yes, of course.
@iGameNakedx5 жыл бұрын
How do you get this indicator on tradingview?
@TheSecretMindset5 жыл бұрын
Use the Pivot Boss Indicator.
@iGameNakedx5 жыл бұрын
@@TheSecretMindset that just gives dots on candles? how do i get it to give me the doted lines? ty
@TheSecretMindset5 жыл бұрын
Add the pivot range pivot boss ( it has 687 likes on Tradingview). I have the Pro + plan, maybe is not free.
@Lance1xxXx5 жыл бұрын
which video software are u using?
@TheSecretMindset5 жыл бұрын
Adobe Premiere + Camtasia 2019
@schoolofislam86664 жыл бұрын
Wonderful
@debasishsingh85005 жыл бұрын
How can I get this indicator in tradingview?
@TheSecretMindset5 жыл бұрын
Check out pivot boss indicator.
@debasishsingh85005 жыл бұрын
@@TheSecretMindset if possible, make more detailed video on this system. How to enhance this system more
@RAJESHSHARMA-rf4nb4 жыл бұрын
thanks a ton....
@TheSecretMindset4 жыл бұрын
Most welcome!
@caclinhhon4 жыл бұрын
how to find Pivot Range in tradingview?
@TheSecretMindset4 жыл бұрын
Use pivot boss indicator.
@abhijithanirudhanpoomangal62814 жыл бұрын
Thank you
@stevenrempel3 жыл бұрын
CPR combined with ATR (for taking profit on time) is a little known method to consistently have a gain on your account
@TheSecretMindset3 жыл бұрын
👍👍
@zen.tradera.7155 жыл бұрын
Interesting stuff
@TheSecretMindset5 жыл бұрын
Thank you!
@coffebroker68395 жыл бұрын
Thanks ,Could You mind to Explain Thor Strategy With Moving Averages or With Another Suitable Oscilators Thanks &Respects...
@umee52084 жыл бұрын
Go with MACD or stoch
@140moon4 жыл бұрын
Awesome
@हिमांशुRana105 жыл бұрын
# Good one.
@TheSecretMindset5 жыл бұрын
Thanks mate!
@vijaymamtora93875 жыл бұрын
Hey sir.....r u best...sir.. I use this. Indian stock market????
@TheSecretMindset5 жыл бұрын
Thank you. It could work, make sure you test it for a few weeks.
@Pilgrim074 жыл бұрын
You made videos nearly about everything but you missed one tool that bank use and the only one that I find effective...can't disclose it.
@TheSecretMindset4 жыл бұрын
I bet is order flow :).
@manishmewara69614 жыл бұрын
@@TheSecretMindset is that volume profile
@nob.s.top5comparablesb3704 жыл бұрын
, @Meistarix it's any of the order flow tools: order book, vp, footprint, delta, the tape (time & Sale) etc..... I personally like the cpr in combination with AVWAP and supply and demand and PA for my forex strategy....trust you then me.....you can cause some damage with this if you are very disciplined and can manage risk! By the way: @The Secret Mindset thanks for the video. Job well done!!🔥💪🏿💪🏿👍🏿
@777spidey44 жыл бұрын
thanks.
@kingsleyenajeroh44025 жыл бұрын
The daily pivot range Ìst the same as pivot point.
@aliexaccessories51465 жыл бұрын
*(How can I made per day $350-$500?)* po.st/xmrex . 10:00
@e.sanoop1105 жыл бұрын
Great vdo.👌👌👌 Is this similar to Central Pivot range? If so, 20-25 mins after market opens, I think it's wise to go Long if price closes above R1 and to go short if price closes below S1. It's actually contradictory to the Golden rule of trading i.e Buy support and Sell Resistance.🤔🤔🤔
@TheSecretMindset5 жыл бұрын
Of course, I often buy above R1 and sell below S1.
@e.sanoop1105 жыл бұрын
@@TheSecretMindset perhaps it's wise to buy when the 1st 15 mins candle completely closes above R1 and sell when it completely closes below S1 right? If half or more than half the candle is protruding towards the central Pivot, it's best to avoid trading that stock right? I bought a stock when the 1st 15 mins candle(Green) closed above R1 but half the candle was hanging downwards towards the central Pivot and now I am staring at a loss😣😣😣😣