OPEN-SOURCE SCRIPT
Financial Astrology Jupiter Speed
Jupiter speed phases (stationary and retrograde) indicate periods of price congestion and corrections, we can see that in BTCUSD the major price corrections have started when Jupiter was decelerating in speed or moving retrograde. Similarly the most relevant price growth is observed at periods where Jupiter was accelerating the speed. Is clear that the deceleration, stationary and retrograde speed phases are very valuable for timing the entry for long term positions.
Note: The Jupiter 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 Jupiter 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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