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Gunn and other analysts found a curious correlation between moon phases and trend changes. This is an excellent indicator with which you can check whether there is really a connection between these phenomena, and use useful information in trading.

The indicator is very simple, it calculates the phases of the moon using the average duration of the lunar cycle of 29 days 12 hours 44 minutes from the first full moon recorded on January 22, 1970.

You can also specify a known full moon date and start counting from that date.

The indicator draws vertical lines in the window during the full moon (white) and the new moon (blue).

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