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