Note: This documentation applies to the Nuvexlens Advanced Charting System. Nuvexlens fully supports technical indicators and strategy backtesting to help you make smarter trading decisions.
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.