OPEN-SOURCE SCRIPT
Financial Astrology Saturn Speed
Saturn maximum/minimum speed and stationary periods (zero speed) correlate quite well to determine high/low pivot points at BTCUSD, from using the speed indicator alone we cannot determine the direction of the trend, is clear to see that relevant tops occurred very close to maxima or minima values. Usually when there is a dominant trend and speed deceleration goes from maxima to zero degrees per day (stationary) will indicate a period of traders indecision (waiting) and as consequence a congestion within limited price range, once the speed accelerates and reach the average speed, a breakout tends to happen.
Note: The Saturn speed indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the speed 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 timezone.
Note: The Saturn speed indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the speed 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 timezone.
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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