CPR Indicator Strategy: Intraday Trading Guide 2026 | Trading Direction

📈 Intraday Trading Strategy

How CPR Indicator Strategy Can Help Traders Increase Intraday Trading Profits

The Power of Central Pivot Range (CPR) — India's Most Trusted Leading Indicator for quality Intraday & Swing Trades

✍️ By Anil Hanegave | 🕒 10 min read | 📅 Updated May 2026
🏆 Award-Winning Mentor | 60,000+ Students Trained
CPR Indicator Intraday Trading Central Pivot Range TradingView Trap Zone Strategy Trading Zone CPR Brahmastra Anil Hanegave Nifty Trading
"Like the Moon which controls the tide of the sea, the CPR Indicator controls the Tide of the Market." — Anil Hanegave, Best Stock Market Mentor in Maharashtra

What is CPR Indicator in Trading?

CPR stands for Central Pivot Range. It is a leading indicator — meaning it predicts where the market will go, unlike lagging indicators that only confirm what already happened.

The CPR is calculated from the previous day's High, Low, and Close of any stock, index, or futures contract. It gives traders 3 core levels that act as magnetic zones for price action throughout the trading day.

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Why CPR is a Leading Indicator

Most indicators (like MACD, RSI) are calculated from current price data — they react. CPR is calculated from yesterday's data before the market opens, so you know your key levels before placing a single trade.

CPR is widely used by professional and institutional traders globally. It provides critical insight into market behavior — helping you identify the exact moments to enter and exit trades with precision.

CPR Indicator Formula Explained

The CPR consists of three calculated levels: the Pivot Point (P), the Top CPR (TC), and the Bottom CPR (BC).

⚙️ CPR Formula
P (Pivot) = (Previous High + Previous Low + Previous Close) ÷ 3
BC (Bottom CPR) = (Previous High + Previous Low) ÷ 2
TC (Top CPR) = (P − BC) + P
Additional levels: R1, R2, R3 (resistance) | S1, S2, S3 (support)
CPR and Pivot Points indicator diagram showing TC, BC, P, R1, R2, S1, S2 levels on TradingView

Fig. 1 — Central Pivot Range (CPR) and Pivot Points levels. TC = Top CPR, BC = Bottom CPR, P = Pivot, R1/R2 = Resistance, S1/S2 = Support.

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Pro Tip: Wide CPR vs Narrow CPR

A narrow CPR (TC and BC close together) means a trending day is likely — breakout trades work best. A wide CPR means a consolidation/sideways day — avoid breakout trades and look for range reversals.

Trap Zone & Trading Zone — The Secret Weapon

This is where Trading Direction's approach becomes unique. Anil Hanegave designed two proprietary zones that use CPR as the backbone:

📊 CPR Zone Map — Price Level Structure

R2
✅ Trading Zone (Buy) — Big Elephant Candles here
R1
⚠️ Trap Zone — Retail traders get trapped above R1
TC
— Top CPR (TC)
P
— Pivot Point (P) — Master level
BC
— Bottom CPR (BC)
S1
⚠️ Trap Zone — Retail traders get trapped below S1
S2
🔴 Trading Zone (Sell) — Short opportunities here

The Trap Zone Explained

The Trap Zone is the danger area where most retail traders lose money. Located between Previous Day High and R1 (on the upside) and between Previous Day Low and S1 (on the downside), this is where price consolidates, fakes out traders, and causes overtrading.

⚠️

Most Traders Lose Here

When price enters the Trap Zone, it appears to be breaking out — but it's actually a false move. Retail traders chase this move, get stopped out, and then watch the real move happen from the Trading Zone.

CPR Trap Zone and Trading Zone diagram on TradingView chart showing Buy Zone above R1 and Sell Zone below S1

Fig. 2 — Trap Zones and Trading Zones as shown in CPR by Trading Direction V3 on TradingView.

The Trading Zone — Where Profits Live

The Trading Zone is above R1 (for longs) and below S1 (for shorts). When price breaks through the Trap Zone and enters the Trading Zone, momentum accelerates. This is where you take your entry near the 20-period moving average for maximum reward-to-risk.

Entry Rule from Trading Zone

Buy: Price breaks above R1 → Big Elephant candle confirms → Entry near 20-EMA → Target R2, R3 → Stop-loss below R1
Sell: Price breaks below S1 → Big Elephant candle confirms → Entry near 20-EMA → Target S2, S3 → Stop-loss above S1

🚀 Want the complete Trap Zone Breakout Strategy with ideal probability

Get CPR Brahmastra Strategy →

check CPR analysis Data & Research Studies

Don't take our word for it. Multiple independent studies confirm the effectiveness of CPR-based strategies:

54%+
Win rate on S&P 500 (1998–2018)
TradingSim study
1.34
Profit factor (Reward vs Risk)
Long-term winning
more+
Win rate on E-mini S&P (2015–2019)
DayTradeToWin study
more+
CPR Brahmastra strategy probaility
Trading Direction
Study Market Period Win Rate winning Factor
TradingSim S&P 500 1998–2018 more%+ good
DayTradeToWin E-mini S&P Futures 2015–2019 more%+ high
Trading Direction (CPR Brahmastra) NSE Nifty / BankNifty 2020–2025 More 3:1 RRR

The accuracy increases further when CPR is combined with Price Action confluence and Weekly CPR overlay — which is what the Trading Direction system teaches.

✅ Good probability ✅ 3:1 Reward-to-Risk ✅ 15,000+ learned Students ✅ Tradable in indian NSE, BSE, commodity Markets

How to Add CPR Indicator on TradingView (Free)

The CPR by Trading Direction indicator is available completely free on TradingView. Here's how to set it up:

1

Open TradingView and load your chart

Go to tradingview.com and open any Nifty, BankNifty, or stock chart on the 15-minute or 1-hour timeframe.

2

Search for "CPR by Trading Direction"

Click the Indicators button (at the top of the chart), search for "CPR by Trading Direction", and click to add it.

3

Enable Daily + Weekly CPR

In the indicator settings, enable both Daily CPR and Weekly CPR overlay. This combination gives you the highest confluence signals.

4

Identify Trap Zone & Trading Zone

The indicator automatically plots Trap Zones and Trading Zones. Wait for price to break the Trap Zone and enter the Trading Zone before taking a position.

CPR by Trading Direction Version 2 indicator on TradingView showing all pivot levels for intraday trading

Fig. 3 — CPR by Trading Direction V2 on TradingView (free). Version 3 includes advanced Trap Zone coloring.

📺 Watch: Step-by-step TradingView CPR setup by Anil Hanegave

CPR Brahmastra Strategy for Beginners

The CPR Brahmastra Strategy is the most beginner-friendly strategy in the Trading Direction system. Designed by Anil Hanegave after 6+ years of research across 11 secret powerful strategies, it focuses on Trap Zone Breakout entries.

Feature Details
Strategy Type Trap Zone Breakout
Accuracy Rate good Probability (with price action confluence)
Reward-to-Risk Ratio 3:1 minimum
Best For Intraday & Swing traders | Beginners & Advanced
Markets Nifty, BankNifty, Stocks, Futures, Options
Indicators Used Daily CPR + Weekly CPR + 20 EMA + Volume Heikin Ashi

🎯 Learn CPR Brahmastra Strategy

India's most powerful Trap Zone Breakout strategy. Designed for both beginners and active traders. Includes live Zoom mentorship with Anil Hanegave every week.

🚀 Enroll in CPR Brahmastra → 📚 View All Courses

Step-by-Step: How to Trade with CPR Today

Here's a complete trade execution plan using CPR for intraday trading on NSE:

1

Pre-market: Calculate tomorrow's CPR

Before market opens (9:00–9:15 AM), identify the CPR levels on TradingView for Nifty/BankNifty. Note if it's Wide CPR (sideways day) or Narrow CPR (trending day).

2

Mark all zones on your chart

Mark Pivot (P), TC, BC, R1, R2, S1, S2. Shade the Trap Zone. Add Weekly CPR for confluence. Set up alerts at R1 and S1 breakout levels.

3

Wait — do not trade in the Trap Zone

Most losses happen here. Let price consolidate between TC and BC or in the Trap Zone. Patience is your edge. Do not chase early morning fake moves.

4

Enter on Elephant Candle + Trading Zone confirmation

When a big Elephant Candle breaks above R1 (for buy) or below S1 (for sell), wait for a small pullback to the 20-EMA and enter. This is your Trading Zone entry.

5

Set Stop-Loss and Target

Buy trade: Stop-loss below R1. Target = R2 (1st target), R3 (2nd target). Sell trade: Stop-loss above S1. Target = S2, S3. Always maintain 3:1 RRR.

Frequently Asked Questions

❓ What is CPR indicator in trading?

CPR (Central Pivot Range) is a leading technical indicator calculated from the previous day's high, low, and close. It plots 3 core levels — TC, BC, and Pivot — that act as key support/resistance zones for the next trading day. Unlike RSI or MACD, CPR is calculated before the market opens, giving traders a head start.

❓ Which CPR indicator is best for intraday trading in TradingView?

CPR by Trading Direction V3 is the best CPR indicator on TradingView for intraday trading. It's free to add and includes automated Trap Zone & Trading Zone shading, Daily CPR, Weekly CPR overlay, and clean visual alerts. Search "CPR by Trading Direction" in TradingView's indicator library.

❓ What is the difference between Trap Zone and Trading Zone?

The Trap Zone is the area between Previous Day High and R1 (or Previous Day Low and S1) where retail traders get trapped by false breakouts and lose money in overtrading. The Trading Zone is above R1 (for longs) and below S1 (for shorts) — this is where real momentum happens and high quality trades are taken.

❓ Can beginners use CPR Brahmastra strategy?

Yes! CPR Brahmastra is specifically designed for beginners. It uses a simple Trap Zone Breakout entry rule with clear stop-loss and target levels. With the step-by-step video course and live weekly Zoom mentorship from Anil Hanegave, even first-time traders can achieve More + accuracy. Enroll here →

❓ Does CPR work for options trading in Nifty and BankNifty?

Absolutely. CPR levels work exceptionally well for Nifty and BankNifty options trading. When Nifty breaks above R1 (Trading Zone), buy ATM CE options. When it breaks below S1, buy ATM PE options. The Trap Zone helps you avoid buying options during fake breakouts — saving significant premium cost.

Conclusion

The CPR indicator is one of the most powerful tools available to Indian intraday traders. As a leading indicator, it gives you the advantage of knowing key price levels before the market opens — something no lagging indicator can provide.

By mastering the Trap Zone (where to avoid trading) and the Trading Zone (where to enter for maximum profit), you can transform your trading from reactive to proactive. Adding Price Action confluence and Weekly CPR overlap takes your accuracy to increase+.

Over 15,000 students across India have already proven this with verified results. Whether you're a complete beginner or an experienced trader looking to add a systematic edge, CPR by Trading Direction is the strategy you need.

🏆 Start Your CPR Trading Journey Today

Join 15,000+ successful traders. Get access to live mentorship, 11 secret strategies, and CPR tools — all in one program.

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AH

Anil Hanegave

🏆 Award-Winning Professional Trader & Bestselling Author | Founder, Trading Direction

Nationally acclaimed trader, author of 11 CPR secret strategies, and recipient of the Dr. Shyama Prasad Mukherjee Memorial Award, Maharashtra Udyog Bhushan Award, and Best Stock Market Mentor in Maharashtra. Has trained 15,000+ students across Pune, Mumbai, Delhi, and Bengaluru.

⚠️ Disclaimer: Trading involves risk. Past performance is not indicative of future results. This article is for educational purposes only. Please consult a financial advisor before making investment decisions.

Disclaimer: The content provided in this blog, article, or charts is strictly for educational purposes only and should not be considered as financial or investment advice. Trading involves significant risk, and you are advised to engage in trading activities at your own discretion and responsibility. We do not provide any buy/sell recommendations, and the information shared here is not intended to influence trading decisions. We are not SEBI-registered advisors and encourage you to seek advice from a qualified financial professional before making any investment. For more learning and resources, visit www.tradingdirection.in.