OPEN-SOURCE SCRIPT
Updated Moon+
Lunar Cycle Vertical Delineation & Projection
Automatically highlights the exact candle in which Moonphase shifts occur.
Optionally including shifts within the Microphases of the total Lunar Cycle.
This allow traders to pre-emptively identify time-based points of volatility,
focusing on mean-reversion; further simplified via the use of projections.
Projections are calculated via candle count, values displayed in "Debug";
these are useful in understanding the function & underlying mechanics.
Automatically highlights the exact candle in which Moonphase shifts occur.
Optionally including shifts within the Microphases of the total Lunar Cycle.
This allow traders to pre-emptively identify time-based points of volatility,
focusing on mean-reversion; further simplified via the use of projections.
Projections are calculated via candle count, values displayed in "Debug";
these are useful in understanding the function & underlying mechanics.
Release Notes
Lunar Cycle Vertical Delineation & ProjectionAutomatically highlights the exact candle in which Moonphase shifts occur.
Optionally including shifts within the Microphases of the total Lunar Cycle.
Helping traders identify time-based points of volatility for mean reversion.
Removed projections due to logic inconsistencies. Improved performance.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.