Moon Phases

Definition

The Moon Phases indicator displays moon phases on the chart. A dark circle indicates a new moon, a bright circle, a full moon. Bars between new and full moons are colored accordingly, as waxing or waning.

Summary

Some investors and traders believe lunar cycles can impact markets because of their subtle gravitational impacts on Earth and market participants. The Moon Phases indicator is a tool for watching that. It displays moon phases on the chart.