OPEN-SOURCE SCRIPT
DMA
The trend is measured using EMA, which is shifted by 3 periods.
A signal will be given if it stays above or below EMA for seven consecutive years.
A signal will be given if it stays above or below EMA for seven consecutive years.
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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