Dental Quest Setups — Indicator by FloydBostwickOdlum

those in the know will know

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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Want to use this script on a chart?

study("Dental Quest Setups", overlay = true)
//Buy Setup
bearflip = close[14]<close[10] and close[13]>close[9]
nineconsecbuy = close[4]>close and close[5]>close[1] and close[6]>close[2] and close[7]>close[3] and close[8]>close[4] and close[9]>close[5] and close[10]>close[6] and close[11]>close[7] and close[12]>close[8]
buysetup = bearflip and nineconsecbuy
plotarrow(buysetup, colorup = green, colordown = red, maxheight =10)
//Sell Setup
bullflip = close[14]>close[10] and close[13]<close[9]
nineconsecsell = close[4]<close and close[5]<close[1] and close[6]<close[2] and close[7]<close[3] and close[8]<close[4] and close[9]<close[5] and close[10]<close[6] and close[11]<close[7] and close[12]<close[8]
sellsetup = bullflip and nineconsecsell
plotarrow(-1*sellsetup, colorup = green, colordown = red, maxheight =10)
//plot(close)