Simple indicator utilising time series momentum to identify secular/cyclical trends in asset classes. Default setting is weekly timeframe - yearly/quarterly. The indicator helps define when in bull/bear market, and corrections/rebounds within larger trends.
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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.
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