Moon is a very fascinating celestial body which is referred in Astrology as a planet. The effect of the moon on earth is proven when we see it's affect on the tides. The moon also represents the mind, which also makes it an interesting barometer of human thought.
The moon being the nearest and smallest 'planet', affects stock prices often causing short term trend changes. This indicator allows you to plot various aspects of the moon in relation to Nodes, Mercury, Venus, Mars, Jupiter and Saturn.
Of the various combinations, the Aspects of the Moon with the Lunar nodes(also called Rahu-Ketu) are used by Financial astrologers in trading in a big way. Lunar Nodes are one of the most versatile points in Zodiac which affect stock prices. In the short term trading space, Lunar Nodes in aspects with the Moon often indicated short term trend change and volatility (+/- 1 trading day).
A lunar node is either of the two orbital nodes of the Moon, that is, the two points at which the orbit of the Moon intersects the ecliptic. The ascending (or north) node is where the Moon moves into the northern ecliptic hemisphere, while the descending (or south) node is where the Moon enters the southern ecliptic hemisphere.
You can apply the indicator on the indexes or stocks to find out the best combination which works. Use the Daily TF. This indicator also plots the Full moon and the New Moon on the charts.
You can also set alerts reminding you of upcoming combinations.
Due to TradingView restrictions plotting is possible only for the period 2020 to 2023 in this indicator.