Hi,

Not sure if this is possible, but I would like to create a PCF for a candle counting indicator. Here's how it would work. The 2 period simple moving average crosses above/below the 8 period sma. If the 2 period sma is above/below the 8 period sma after 12 consecutive days, place a red dot above the candle. Continue placing dots above the candles until the 2 period sma re-crosses the 8 period sma. Stop placing dots above the candles with a re-cross. 

If this is possible I would like to do this with 2 moving average crossovers on the same chart.

Thanks for you help.

The following Custom PCF Indicator would plot dots at the high of price when using the Dots Plot Style overlayed into the same pane and scale as price.

IIF(TrueInRow(AVGC2 > XAVGC8, 12) = 12, H, 1 / 0)

You scan change the H in the formula to adjust where the dot is plotted.

Thank you Bruce. Can you explain or send in the right direction  - how to use the Dots Plot Style overlayed into the same pane and scale as price?

The Custom PCF Indicator is just a regular indicator, but it can take a Formula as one of its settings.

Make sure to choose And Scale With (and then choose price) when overlaying the Custom PCF Indicator into the price pane.