Free Narrow CPR Stock Scanner: Daily Shortlist for Breakout Trades
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The exact daily and weekly CPR indicator settings used across our courses, installed in under five minutes.
To set up the Trading Direction CPR indicator on TradingView: open the Pine Script file from the shared Google Drive link, copy the full script, open TradingView's Pine Editor from any chart, create a new indicator, paste the script in, save it, and click "Add to chart." If you're on TradingView's free plan, you can only run 2 indicators at once, so remove or hide an existing one first if your chart is already full.
CPR (Central Pivot Range) is a three-line support/resistance framework โ Pivot, Top Central (TC), and Bottom Central (BC) โ plotted from the previous session's high, low, and close, used to read where price is likely to find support, resistance, or a breakout zone for the current session.
Most students don't struggle with CPR as a concept โ they struggle with getting the indicator onto their own chart correctly. A missed step in the Pine Editor, or a free-plan slot limit nobody warned them about, and the levels never load. This guide walks through the exact process we use internally, end to end, so you're not guessing.
This is a Pine Script file โ plain text, not an app or a plugin. TradingView reads it directly inside its own script editor and turns it into the CPR overlay you see on the chart: Pivot, TC, BC for the day, plus the weekly range if you're using the multi-timeframe version. Nothing gets installed on your computer. It lives inside your TradingView account, tied to whichever script slot you save it into.
You'll need three things ready before you touch TradingView:
Yahan problem indicator ki nahi, plan ki hai โ this isn't a script issue, it's a TradingView account-tier limit. The free plan caps you at 2 active indicators per chart at a time. If your chart already has 2 running (say, a moving average and a volume tool) and you try to add CPR as a third, TradingView will block it or ask you to remove one.
The fix is simple: before adding CPR, either delete an indicator you're not using or temporarily hide it (click the eye icon next to its name in the indicator list). CPR itself doesn't count as "using up" more than one slot even if it plots multiple lines โ it's still one script.
Once it's added, you should see the Pivot line in the middle, with TC above and BC below, plotted from the previous session. If nothing shows up, check these in order: did the script save without a red error banner in the Pine Editor, is the indicator toggled visible (not hidden) in your indicator list, and are you looking at a timeframe the script actually supports. Most "it's not showing" issues trace back to one of these three, not a broken script.
If you'd rather follow along visually instead of reading each step, this walkthrough covers the same process on screen:
Once CPR is on your chart, the next question is how to actually trade off it โ narrow vs wide range, breakout confirmation, and where most traders enter too early.
See the CPR Brahmastra Course โNo. The free plan supports custom Pine Script indicators โ the only limit is that you can run just 2 indicators on a chart at once, so you may need to remove or hide another one first.
This almost always means the copy was incomplete, or the default placeholder code wasn't fully cleared before pasting. Go back to the Google Drive file, select all again, and paste into a fresh "Create new โ Indicator" window.
Yes. Once added, it works on any symbol you load on TradingView โ Bank Nifty, FINNIFTY, or individual stocks โ since it calculates CPR from that symbol's own previous session data.
Yes, once it's saved to your account from the desktop Pine Editor, it's available under your indicator list on the TradingView mobile app too โ you just add it to the chart from there.
TradingView's built-in pivot tool plots standard pivot points without the Central Pivot Range logic. This script is specifically built around CPR โ Pivot, TC, and BC as a range โ along with the width classification we use in our own CPR framework.
The setup itself takes under five minutes once you've done it in the right order โ Drive, copy, Pine Editor, paste, save, add to chart. The part that actually matters comes after: reading whether today's CPR is narrow or wide, and whether that tells you to expect a trending day or a range-bound one. The indicator gives you the lines. What you do with them is the real skill.
This article is for educational purposes only and does not constitute investment advice. Trading in the Indian stock market involves risk, including the risk of loss. Please consult a SEBI-registered advisor and trade with capital you can afford to risk.