Moon energy represent the masses, crowds, public places, children and emotions. The transit of the Moon through the zodiacal signs will color the crowd emotional responses that fluctuate based on the elemental qualities of the signs: fire (energetic and impulsive), earth (rigid, static, patient), water (assimilation, transformation, humor fluctuations), air (expansion, fervent, germination).
The daily average speed of the Moon is 13 degrees, for this reason the emotional elemental energy is transforming in average every 2 days and few hours, this mood fluctuations produces the short term instinctive and emotional actions performed by traders that forget the precise mathematical / statistical approach in favor of irrational and emotional impulses.
Based on statistical buy/sell frequency analysis we discovered that for BTC-USD, the Moon is usually bullish in zodiac signs: Aries, Libra, Scorpio, Aquarius and Pisces, the most relevant bullish sign is "Aquarius", from 206 observations in all the BTC-USD price history where Moon was in this sign the 60% of those days the price increased compared to the previous day. The bearish zodiac signs for BTC-USD are: Taurus, Cancer, Leo, Sagittarius and Capricorn, the most relevant bearish sign is "Capricorn".
Interestingly this zodiac sign locations tends to fluctuate during some periods of time and from the last 10 observations of the Moon transiting through Aries we noted that 7 of the 10 observations coincide with a dip, sometimes the Moon in Aries indicate the reversal of the short term trend, this is kind of expected considering that when Moon approaches Taurus the fall becomes more likely due to the fact that Moon in Taurus is a bearish signal.
With this indicator there is unlimited possibilities to explore across different markets and complementing with Moon phases this may be the perfect financial astrology indicator for those intraday traders that keep positions only for few hours.
We encourage you to analyze the Moon zodiac sign cycles in different markets and share with us your observations, leave us a comment with your research outcomes. Happy trading!
Note: The Moon longitude indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the longitude is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
Catatan Rilis
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Improved the representation of longitude zodiac sign boundaries with horizontal lines and symbols icons and updated to two digits precision longitude.
Thanks for this. Works great. Is there a way to alter the script to include dates back to January 1990 instead of starting at January 2010?
loguto
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Great script. But why can´t I see the zodiac signs on future dates?
ltambasco
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I love the concept of using this method, can you please show what you lead off of for a trade to determine what you feel would push bear or bull. Is this more of a daily or can you go short to the 1hr?
subhdash1984
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Glad to see that someone is really making scripts in Financial Astrology here on TV. This was much needed. Amazing piece of work. Take a bow. Thank you for sharing this with the community. let me add this to my favorite n try in Indian stock market indices and in commodities. I Will let you know if it really makes a difference to my trading arena or not
citlacom
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@subhdash1984, thanks for your feedback, looking forward to read about your astro observations in the markets that you trade. Have a good day!
cavemanfergie
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Is this based on tropical or sidereal astrology ?
citlacom
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@cavemanfergie, this longitude indicator is using tropical zodiac, in the future I will implement the sideral version.