McWhirter Nodal Business CycleThink of this script as a cosmic clock that shows where the Moon's North Node is in the zodiac right now, and what that might mean for market sentiment according to Louise McWhirter's financial astrology theory.
Main Parts of the Script-
1. User Inputs (The Control Panel)
At the top of the script, there are settings you can adjust:
Donut size and position: How big the wheel is and where it appears on your chart
Node calculation type: Choose between "Mean" (smooth movement) or "True" (more realistic wobble)
Display options: Turn on/off various visual elements
Alerts: Get notifications when the node enters certain signs
2. The Zodiac System-
The script divides the sky into 12 equal sections (30° each), just like astrology:
Aries (0-30°), Taurus (30-60°), ..., Pisces (330-360°)
Each sign has a color and symbol
Some signs are considered "bullish" (Leo = PRICES UP) and others "bearish" (Aquarius = PRICES DOWN)
3. Calculating the Moon's Nodes-
The script calculates:
North Node (☊): Where the Moon's path crosses the Sun's path going north
South Node (☋): Exactly opposite the North Node
These move backward through the zodiac at about 3.2 minutes of arc per day
4. The Visual Donut Chart-
On the right side of your chart, you'll see:
A colored wheel divided into 12 slices (zodiac signs)
A black dot (☊) showing the current North Node position
A gray dot (☋) showing the South Node
The slice containing the North Node is highlighted
5. The Information Table-
In the top-right corner, you'll see:
Current sign and degree of both nodes
"Price Zone" (PRICES UP, NORMAL, PRICES DOWN, etc.)
How many days until the node enters the next sign
Current cycle phase description
6. How It Updates
The script only draws the donut on the most recent bar (right edge of chart). As new bars appear, the node positions slowly move backward through the zodiac.
How to Interpret It>>>>>>>
According to McWhirter's theory:
When North Node is in Leo (♌): Historically associated with market peaks (PRICES UP)
When North Node is in Aquarius (♒): Historically associated with market troughs (PRICES DOWN)
Other signs: Various degrees of "normal" or "transitional" market behavior
Important Things to Understand:=
It's Universal: The same for every stock because it's based on astronomy, not market data
It's Slow-Moving: The nodes take about 18.6 years to complete a full cycle
It's Educational: Shows an interesting correlation between celestial cycles and market behavior
It's Not Financial Advice: Just one perspective on market timing
How to Use It>>>>>
Watch the node position: See which sign it's currently in
Note transitions: When the node moves from one sign to another
Compare with price action: See if the theory seems to correlate with your chart
Set alerts: Get notified when the node enters key signs (Leo, Aquarius)
What the Alerts Do:-
Sign change alert: Notifies when the node enters any new zodiac sign
Leo alert: Special notification when the node enters Leo (potential bullish peak)
Aquarius alert: Special notification when the node enters Aquarius (potential bearish trough)
Remember:=
This script is essentially a visualization tool for an interesting financial astrology theory. Whether you believe in the connection between celestial events and market behavior or not, it provides a unique way to think about market cycles and timing.
The script doesn't predict prices - it simply shows where we are in this particular astronomical cycle according to McWhirter's interpretations.
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References on the McWhirter Nodal Business Cycle:
The McWhirter Nodal Business Cycle is a specialized concept in financial astrology developed by Louise McWhirter in the mid-20th century. Here are the key references you might find helpful:
Original Source-
"McWhirter Theory of Market Analysis" by Louise McWhirter
This is the foundational work on her approach, Originally published in the 1940s-1950s
May be difficult to find in print, but some financial astrology collections include it.
Modern References:
"Financial Astrology" by David Williams, contains a section discussing McWhirter's work,
Provides modern interpretation of her methods -"The Ultimate Book on Stock Market Timing" by Raymond A. Merriman
While not exclusively about McWhirter, it discusses nodal cycles in market analysis
Merriman is a well-known financial astrologer who references various cycle theories
"Financial Astrology: A Guide to Planetary Cycles" by Christeen Skinner,
Discusses various astrological approaches to market timing, includes information on lunar nodes and their significance in market cycles.
Important:
The Indicator Only Uses Time Data, The McWhirter Nodal Business Cycle indicator calculates the position of the Moon's North Node based on:
Current date/time (using the time variable)
Astronomical constants (J2000 epoch and node motion rates)
Mathematical formulas for celestial mechanics
It doesn't use:
Stock price data (open, high, low, close)
Volume data, Any other market-specific information.
These are astronomical facts that are the same everywhere on Earth at a given moment, regardless of which stock chart you're viewing.
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