OPEN-SOURCE SCRIPT
Moon Phases Strategy 2015 till 2021
Updated
Moon Phases Strategy
Thank you to Author: Dustin Drummond for allowing me to use his Moon Phase strategy code and modify it. I wanted to test out the accuracy of the moon phase. And I could not have done it without his code
It was created to test the Moon Phase theory compared to just a buy and hold strategy.
It buys on full Moon and sells on the new moon. I also have added the ability to add stop loss and target profit if anyone wants to tinker with it. This strategy uses hard-coded dates from 1/1/2015 until 12/31/2021 only! Any dates outside of that range need to be added manually in the code or it will not work.
I may or may not update this so please don't be upset if it stops working after 12/31/2021.
Feel free to use any part of this code and please let me know if you can improve on this strategy.
Result:
50% accurate using data from 2015 till today.
I find a buy and hold strategy to have outperformed the moon phase.
It does have its value. It might be used as a confluence with other established indicators.
Thank you to Author: Dustin Drummond for allowing me to use his Moon Phase strategy code and modify it. I wanted to test out the accuracy of the moon phase. And I could not have done it without his code
It was created to test the Moon Phase theory compared to just a buy and hold strategy.
It buys on full Moon and sells on the new moon. I also have added the ability to add stop loss and target profit if anyone wants to tinker with it. This strategy uses hard-coded dates from 1/1/2015 until 12/31/2021 only! Any dates outside of that range need to be added manually in the code or it will not work.
I may or may not update this so please don't be upset if it stops working after 12/31/2021.
Feel free to use any part of this code and please let me know if you can improve on this strategy.
Result:
50% accurate using data from 2015 till today.
I find a buy and hold strategy to have outperformed the moon phase.
It does have its value. It might be used as a confluence with other established indicators.
Release Notes
Deleted commented out codeRelease Notes
Updated description textOpen-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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