Graph Reader Pro 5.0

Graph Reader Pro 5.0 for TradingView gives you abilities to see the stories hiding in the graphs of the stock, forex, and crypto currency markets. It counts CC59 and creates respectable support and resistance levels as well as marks and reminds you about important parameters that are happening in the graph so that you will not forget to consider them before placing orders. These parameters include:

• Automatic CC59 counting that compares the close of the right price bar to that of left price bar in a group of 5 consecutive bars (ignoring 3 bars in the middle). If the right bar closed higher, the count positive number would be printed above the bar. If the right bar closed lower, the count negative number would be printed below the bar. Nine consecutive series of up counts will define the lowest price as CC59 support line and nine consecutive series of down counts will define the highest price as CC59 resistance line. The counted numbers, support and resistance lines are automatically printed on the graph if enabled.
  

• Draw the high and low levels of the previous day, if enabled. The Previous Day's High and Low are often used as reversal levels in the few future days.
  

• Draw the price range of each day based on Average Daily Range (ADR) value. These lines only show in graphs with less than daily time frames.
  

• Draw the price range of each week based on Average Weekly Range (AWR) value. These lines only show in daily graphs.
  

• Draw simple moving average line SMA3 (yellow), SMA13 (green), SMA50 (pink), and SMA200 (white).
  

• Draw Bollinger bands (50,2) upper and lower lines (pink) with SMA50 as a center line (pink).
  

• Locate the price gaps in the graphs of stocks and indexes. The opened gaps are often closed later on. Hence, they are milestones for the price to come back and close them up.
  

• Paint the background areas with active Forex trading of Asian, London, and New York sessions, if enabled.
  

• Locate an engulfing bar that cover the previous bar with a body portion less than 50% of its range.
  

• Locate an anchor bar that has the range (High - Low) larger than those 14 bars earlier.
  

• Print "RSI>70" and "RSI<70" for RSI(14) that crossed above 70 % and below 70 %.
  
• Print "RSI<30" and "RSI>30" for RSI(14) that crossed below 30 % and above 30 %.
  

• Print "MACD>Sig" and "MACD<Sig" for MACD(12,26,9) that crossed above and below their own SMA9.
  
• Print "MACD>0" and "MACD<0" for MACD(12,26,9) that crossed above and below zero.
  

• Print "Max" and "Min" for local maximum and local minimum bars.
  

• Print "MA3>13>50" and "MA3<13<50" for ordering of SMA(3,13,50).
  

• Create alarm conditions for the following events that could be set to notify the investor on screen, to an email and to a smart phone:
  
  "Close above MA3"
  "Close under MA3"
  "Close above MA13"
  "Close under MA13"
  "Close above MA50"
  "Close under MA50"
  "Close above MA200"
  "Close under MA200"
  "MACD up"
  "MACD down"
  "MACD>Sig"
  "MACD<Sig"
  "MACD>0"
  "MACD<0"
  "MA3 up"
  "MA3 down"
  "MA13 up"
  "MA13 down"
  "MA50 up"
  "MA50 down"
  "CC59 = -1"
  "CC59 = +1"
  "CC59 = -9"
  "CC59 = +9"
  "CC59 = -9F"
  "CC59 = +9F"
  "MA3 < MA13"
  "MA3 > MA13"
  "MA13 < MA50"
  "MA13 > MA50"
  "(MA3 < MA13) > MA50"
  "MA50 > (MA3 > MA13)"
  "MA3 > MA13 > MA50"
  "MA3 < MA13 < MA50"
  "RSI<30"
  "RSI>30"
  "RSI<50"
  "RSI>50"
  "RSI<70"
  "RSI>70"
  "Hit yesterday's high"
  "Hit yesterday's low"
  "Hit day open + ADR/2"
  "Hit day open"
  "Hit day open - ADR/2"
  "Hit CC59 resistance"
  "Hit CC59 support"
  

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The source code of Graph Reader Pro 5.0 custom indicator is protected.

Only invited TradingView members can apply this indicator to their forex, crypto currency and stock price graphs.

Lifetime invitation is for 100 USD with free future upgrades and online supports.

Rental invitation is for 10 USD/month with free future upgrades and online supports.

Paypal, Bank transfer and Bitcoin payments are welcome.

For more informaton please contact the author (DrGraph or Nimit Chomnawang, PhD) via TradingView private chat
or in the comment field below.

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How to install the script:
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*Go to the bottom of this page and click on "Add to Favorite Scripts".

*Remove older version Graph Reader Pro by clicking on the "X" botton behind the indicator line at the top left corner of the chart window.

*Open a new chart at and click on the "Indicators" tab.

*Click on the "Favorites" tab and choose "Graph Reader Pro 5.0".

*Right click anywhere on the graph, choose "Settings".

*In "Style" tab, choose the Dark Theme.

*In "Scales" tab, select Decimal Places = 1/100000.

*In "Background" tab, uncheck "Indicator Arguments" and "Indicator Values".

*In "Timezone/Sessions" tab, choose Time Zone = Your local time.

*At the bottom of settings window, click on "Template", "Save As...", then name this theme of graph setting for future call up such as "Graph Reader Pro".

*Click OK.

*Right click anywhere on the graph, choose "Color Theme => Dark".

For free TradingView plan, you can add two more indicators to the chart. That means you may add RSI and MACD indicators with same parameters as those setup in Graph Reader Pro to your graph. DrGraph regularly publishes his educational ideas on using features provided in Graph Reader Pro for profitable investments. You can follow him for how to use the tools in trading stocks, forex, and binary options.

Sürüm Notları:

Alert conditions for "Anchor bar" has been added.

Sürüm Notları:

Marking of "Above MA3" and "Under MA3" on the graph were added.

Sürüm Notları:

"Look!" message added both in graph and alert conditions.

Sürüm Notları:

High/Low of the Day and High/Low of the Week lines were added.

Sürüm Notları:

Printings of MA3 x MA13 and MA13 x MA50 were added.

Sürüm Notları:

Added MA800 line.

Sürüm Notları:

Forex trading hours background has been rearranged to paint from Day open to London open (1700-0300 UTC-4) and from New York open to London close (0800-1200 UTC-4) . The Bollinger band has been changed from BB(50,2) to BB(13,2). The default colors of simple moving average lines are green MA3, pink MA13, light blue MA50, yellow MA200 and white MA800.

Sürüm Notları:

Sessions overlapping hours for forex markets are painted in the background:

Sydney open to New York close 1600-1700 (UTC-5)
Tokyo open to Sydney close 1900-0100 (UTC-5)
London open to Tokyo close 0200-0400 (UTC-5)
New York open to London close 0800-1100 (UTC-5)

Sürüm Notları:

Messages printed on the graph have been made more compact.

Sürüm Notları:

Minor bugs fixed.

Sürüm Notları:

Ability to draw separate SMA lines has been added.

Sürüm Notları:

Printing and alert "Think!" have been added.