Central Pivot Range
By LuxAlgoMay 18, 2026
Central Pivot Range is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
Central Pivot Range draws the prior period's three-line band, the classic floor-trader pivot between its top central (TC) and bottom central (BC) companions, across the session that follows, then adds the width analysis it is known for: each new range is classed narrow or wide against recent history, compared with its predecessor, and tracked forward as a virgin CPR if price never touches it. It is the definitive clean build of the central pivot range with its width playbook attached.
How to Trade the Central Pivot Range?
- Narrow CPR: the prior session closed near its midpoint: balance. Narrow ranges are watched for expansion or a trend day.
- Wide CPR: the prior session closed near an extreme. Rotation tendencies are favored.
- Acceptance beyond the band: a close above TC carries a bullish lean while it holds; below BC, the mirror. Back inside signals balance, where fading the edges is more common.
- Two-period relationship: a range entirely above the prior one leans continuation higher, entirely below lower; overlap suggests a developing trading range.
- Virgin CPRs: untested ranges carry forward as dashed boxes and freeze when finally tested.
Central Pivot Range Settings
- Anchor Period (default Daily): the completed prior period supplying high, low, and close.
- Width Comparison Window (default 20): completed periods forming the width reference.
- Narrow / Wide Percentile (default 25): Width% at or below this rank is Narrow; at or above the mirrored rank, Wide.
- Track Virgin CPRs (default on): carries untested ranges to the right.
- Show Dashboard (default on): Width% and its read, prior-range relationship, price location, and virgin count.
- Style: pivot, TC, and BC colors, Range Gradient Fill (default on), the virgin CPR color, Line Width (default 1), and Level Labels (default on).
Frequently Asked Questions
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
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