Moon Phases + Daily, Weekly, Monthly, Quarterly & Yearly Breaks█ Moon Phases
From LuxAlgo description.
Trading moon phases has become quite popular among traders, believing that there exists a relationship between moon phases and market movements.
This strategy is based on an estimate of moon phases with the possibility to use different methods to determine long/short positions based on moon phases.
Note that we assume moon phases are perfectly periodic with a cycle of 29.530588853 days (which is not realistically the case), as such there exists a difference between the detected moon phases by the strategy and the ones you would see. This difference becomes less important when using higher timeframes.
█ Daily, Weekly, Monthly, Quarterly & Yearly Breaks
This indicator marks the start of the selected periods with a vertical line that help with identifying cycles.
It allows to enable or disable independently the daily, weekly, monthly, quarterly and yearly session breaks.
This script is based on LuxAlgo and kaushi / icostan scripts.
Moon Phases Strategy
Year/Quarter/Month/Week/Day breaks
Month/week breaks
Quarter
Round Numbers and Quarter LevelsThis script is based on "Round Numbers Above and Below" by BitcoinJesus-Not-Roger-Ver, but unlike this script that only shows "Round Numbers" levels, my script also shows "Quarter Number" levels like 25 and 75 that are very important for those who follow the quarters theory.
Also the original script doesn't have different colors for different levels while my script has different colors and different styles for every level, this way it will be much easyer to recognize the levels at first sight.
Finally the origianl script only works with Forex while my script also works with indexes like SP500 and others.
Round Numbers are very important psychological levels in trading but also quarters levels (25 and 75) have a huge importance, so I created this script that shows all these levels with different colors and different lines style.
You can edit the color and the style of the lines as you wish and you can add all the levels you want.
In 1 hour chart 4 levels is usually enough but if you watch a daily chart then 8 levels is way better.
Features:
Personalize color to 00 round levels
Personalize color to 50 round levels
Personalize color to Quarters levels
Personalize line style to 00 round levels
Personalize line style to 50 round levels
Personalize line style to Quarters levels
Choose number of lines above and below price level (4 is default)
EPS & SalesHi everyone,
I just adapted a little utility script to visualise EPS % increase (quarters vs Year -1) and sales.
I used the code from @ARUN_SAXENA and modified it to fix what I saw as issues.
(Using base 3M instead of 1M +
request.earnings(syminfo.tickerid, earnings.actual, ignore_invalid_symbol=true)
instead of
request.financial(syminfo.tickerid, "EARNINGS_PER_SHARE", "FQ")
Data will differ from MarketSmith because they use sometimes actual EPS sometimes standard, but think we can at least trust what we see in term of %
The tool is far from being perfect !
MTF previous high and low quarter levelsDescription
An experimental script that prints quarter levels of the previous timeframe's high and low to the current timeframe. The idea is quite simple and is basically the Fibonacci pivoted on the previous high and low with quarter level settings (0,0.25,0.5,0.75,1 etc). The default setting is the previous daily high and low but can be customized on user discretion.
New quarter levels are printed after the close of the previous timeframe and open of the new timeframe (user's timeframe setting)
How To Use
Levels should not be used blindly. Levels can be used as confluence when aligned with high probability supply and demand zones, support, resistance, order blocks, and so on.
Credit to @HeWhoMustNotBeNamed for the Previous High/Low MTF indicator code and @mrbirman for the idea to put this together.
quarter level 0.5 to 2.0This script could help to see edged level for a reverse on forex, not for yen pairs and is based on quarter and round number theory.
I suggest to use it on H4 timeframe or lower to have a confermation on support or resistance level.
Quarters TheoryIndicator that lets you to put Whole (red), Half (blue) and Quarter (green) levels on a chart, which work as support/resistance levels. Defaults are only for EURUSD, for other symbols you have to change the settings. First input is "Starting Price (Bottom)", which should be the lowest point you want your levels to be. There are only 10 Whole levels on this indicator, but if you want you could add them from pine editor. The next input is "Next Whole Level" this is the price from one whole level to next whole level, for example for EURUSD it is 0.01. The third input is for removing the quarter lines (green lines), if you want to remove them set this option to "0", otherways leave this to "1".
This indicator looks very good on JPY and NZD pairs.
Works on long term too:
Learned from him: www.youtube.com
Horizontal LinesHorizontal lines help you to put Quarter Theory lines on your chart. It's defaults are meant for EURUSD , but you can change it for other charts. There are 16 lines in this indicator.
For EURUSD recommended settings right now are: Starting Price (Bottom):1.12 and Gap: 0.0025
USDCAD: Starting Price (Bottom):1.315 and Gap: 0.005
EURAUD: Starting Price (Bottom):1.59 and Gap: 0.005
USDJPY: Starting Price (Bottom):107 and Gap: 0.5
USDCHF: Starting Price (Bottom):0.97 and Gap: 0.0025
BTCUSD: Starting Price (Bottom):3200 and Gap: 100
XAUUSD: Starting Price (Bottom): 1230 and Gap: 5
These settings are the ones I use, but you could find better settings for yourself. It works very well on JPY pairs.
Quarter Theory LinesThis script draws lines on the chart. The inspiration for this was the use of round numbers as levels of support and resistance also referred in the book The Quarters Theory by Ilian Yotov.
Please note that you must input a round number near current price so the lines are drawn above and below current price and not off in space. The spread between lines can be adjusted for lines on the quarters or just whole numbers. This input must also be adjusted for JPY pairs.
For example if current price is 1.2354 set the Input for "Enter nearest round number to current price" to 1.2
To get lines on the quarts of a non-JPY pair enter 0.025 for ""Enter space between lines"
For a JPY pair enter 2.5
