OPEN-SOURCE SCRIPT
Trend Reversal Indicator (Bull/Bear)
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.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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