Intraday Planetary Line indicator plots planetary lines without using any CSV file or any kind of data fetching from 3rd party software or the Internet!
It has inbuilt astronomical calculation being the first of its kind in the MQL indicator history.
Indicator’s plots planetary support resistance lines for the trader to make trading decisions along with buy/sell signals & alerts on specific market celestial timing. This buy/sell signals are purely astrological based but it has an option to filter it with fractals.
Important! Traders are always requested to consult with market price action & other trend indicators in order verify this astrological signals.
Traders need to match technical analysis with celestial event.
Basic Astrological Terms:
The indicator allows traders to plot planetary lines based on two major coordinates & two major zodiac system.
Geocentric: (Commonly used) Considering Earth at center.
Heliocentric: Consider the sun at the center. Doesn’t counts the moon.
Tropical Zodiac: Western Zodiac (Commonly used)
Sidereal Zodiac: Ancient Vedic Zodiac
I am confused with all Coordinates & Zodiac System, what are they? how can I Implement?
The simple way to understand is, you can use any of these following 4 combinations settings as per your choice.
Geocentric & Tropical
Heliocentric & Tropical
Geocentric & Sidereal
Heliocentric & Sidereal
Scaling means how many pips or points per degree. It is the most important part of the indicator. By default, it set to 1. That means 1 degree = 0.01cent or 1 pips.
But it is customizable as per trader choice. Minimum scale is 0.01 which means 1 degree = 0.01 pip
A basic Example from product description for all types of instruments:
Scale Input 1.00 means 1 Degree = 0.01 Cent or 1 Pip
Scale Input 10.00 means 1 Degree = 0.10 Cent or 10 Pips
Scale Input 100.00 means 1 Degree = $1 or 100 Pips
Note! This is an example for the trader to understand how to measure the scale. It doesn’t mean you can only use 1.00, 10.00,100.00 scale. You can use anything from 0.01 scale. You can use any custom scale like 0.56 then 1 degree = 0.56 pip or 4.50 which means 1 degree = 4.5 pips.
Commonly Used Scale for Different Types of Instruments:
Forex, Silver =1.00
Gold=10.00 (For short term trades because it’s 0.10 cent per Degree ) 100.00 (For long term trades because it’s $1 per degree)
Indices US30=100.00 (Because currently its trading @21755.90 so $1 per pip reasonable)
US500=10.00 (Because currently, its trading @2460.02 so 0.10 cent per degree is good to go)
WTI =1.00 for short terms trades 10.00 for long term trades (currently @49.35)
Note! These are just some example given to the user to understand how it works. But we are not making any trading recommendation here. The user can use any kind of scale as per their choice, trading strategy & price movement. If an instrument trading @5700.25 then, the user can either use 10.00 Scale ($0.10 per degree) or 100.00 ($1 per degree) that totally depends on the trader him/herself. Trader can also use $10 per degree. But in such cases, he/she will barely get a signal to trade. See the example below:
Hong Kong 50 Stock Index (HK50): @27747.70
See here we used 1000.00 scale which means $10 per degree. Active indices, trading above 27K value. So $10 shown some rare signal with Saturn.
See market formed the day top sharply at Saturn Square Moon aspect Timing on Saturn Line.
A Brief Introduction to Space-Time Theory (Basics):
Just like the moon tides happens, water moves one place to another with the force of the moon. Same way planets have an effect on the financial market as it has the liquidity similar nature like water. The market is also vast like a sea.
Everything with this indicator works with both price & time together. Means market has to reach at the right level at right time, then we get space = price & time balanced. If it doesn’t then, it’s not a class one trade signal. Wait for other signals.
Multi Currency or instrument Day Trading Analogy:
Suppose you are observing 5 pairs like “EURUSD”,”GBPUSD”,”USDCAD”,”AUDUSD”,”GBPJPY”. There is an event of “Jupiter Opposition Moon” around 13:30 Terminal Time. You will plot Jupiter Opposition or Moon opposition (anyone both is same ) price line on all 5 charts. It possible not all the pairs will reach that price level at that time. Say only GBPJPY reached Opposition price level at 13:30 around time. Then you deal only will be with GBPJPY.
At that point, GBPJPY can do only any 3 things,
Reversal its position. (Say it was falling down, then created a pin bar on that level & rose up)
Continue old trend (in this case, continue falling more by breaking that opposition price level)
or do nothing ( no such price action or trendy movement around that level. When market in range & no clear sign to move up or down, no good news release either)
What will happen that depends on market structure. The trader just needs to follow market movement as the way it comes with price & time.
Example 1: EURAUD Moon Aspect Time + Price | 8th March 2017
There was an aspect of “Moon Square Jupiter & Uranus” with almost same time zone. Square is a strong aspect. We plotted Moon Square price line from the drop down list of planetary aspect.
Moon Square price line & Jupiter Line are at now same price level (proven that indicator is operating correctly, that’s why both are at the same level).
Now two planets square aspect price line plotted, after that aspect timing, we need the market to come near to that location, then price & time will get balanced. The market didn’t touch Moon Jupiter Square price line. But sharply reacted & later created low for the day.
There are so many lines plotting on my chart with default settings. How to get rid of this, I am confused?
You do not need to use all the lines on the chart because we are going to use only the active planets lines not the rest of them all. Look at the indicator text dashboards its mentioned which planets are active with aspect & day ruling planets. (See later examples) So, you need to focus on them only. Remove rest of the lines by custom selecting planets.
Aspect means a celestial event in Astronomy & geometric pattern formation between two or more planets.
Indicator considers 5 Major geometric aspects along with one minor aspect & moon ingress (moon changing its sign):
Conjunction = Both planets are at same level (Super Strong)
Opposition= Both planets are 180 degrees apart (Strongest)
Trine = Both Planets are 120 degrees apart ( stronger)
Square = Both Planets are 90 degrees apart ( strong )
Sextile = Both planets are 60 degrees apart (weak)
Sem- Square = Both planets are 45 Degrees apart (minor)
All these aspects as a time for the event which is the aspect time & also a price location of the event.
Note! Traders need to only check if the market is reacting to that celestial event accordingly or not. With some market it will work, with some market it will not create any effect.
For Aspect Price, if there is two planets aspect, for example, “Moon & Jupiter Square“, then the user need to select only one planet square price level, either moon’s or Jupiter’s. The trader will automatically see that line got balanced with the other planet as the example 1.
If the moon has Square aspect with both Jupiter & Uranus, then plotting only common planet “Moon square” line does the job.
Indicator plots aspects for all major planets. The indicator also plots planetary lines for lunar south node & north node. Major planets aspects are more powerful than moon aspects with other planets.
Indicator dashboard shows all current active aspect data with its trend strength (weak to super strong)
The indicator shows applied scale (according to the user input), Day ruling planet (universal for all instruments), Current day trend, Individual instrument planet reference & All active aspects.
Aspect Time & Price not always need be matching: Sometimes other planets aspect time creates a general effect with other different planet aspect price lines.
Example 2 : XAUUSD | GOLD, 25th April 2017
There were two major planet aspects with “Mercury Conjunction Uranus” & “Venus Square Saturn“, the Gold market didn’t reach mercury or pluto lines. But it reached venus square price line during the “Moon-Jupiter Opposition” Aspect Timing, so got the power to move the market & it did good trendy fall upto the moon line by creating day top.
The indicator doesn’t show all Active Aspect vertical (time) lines on the chart. why is that?
Indicator plots vertical time lines only for all moon aspects. Because those are short term, doesn’t last long.
For bigger planets, aspects say, Sun Trine Jupiter that last for more than whole day or 24 hours. It stays active for the whole day. That’s why indicator doesn’t show any vertical time line for it. As its active for the full day you can use directly its aspect price lines.
With the newest version, you can plot 2 aspect lines simultaneously.
With this setting screenshot above you can use 2 aspect lines. In the example above there are Moon Opposition Line & Mercury Trine line can be plotted if Show aspect price line set to true.
What if happens If I need more aspect lines? If in case there are some days with more aspects?
You can add more than two Indicator on the same chart in case if you need 4 aspect lines. Just use two different indicator custom name. Then you can use 4 aspect line on same chart. (see “Adding Multiple Indicator on the Same chart” section for more reference)
Day Ruling Planet:
It is based with Lunar Mansion (Nakshaktra’s) & it changes time to time. This is a secondary factor for traders to make a trading decision.
NFP (News Release) Effect With The Indicator:
With EURUSD its individual planet reference was Jupiter. That day Jupiter had an aspect with Sun opposition (strongest), Possibly EURUSD has an option to create an effect with Jupiter line. Few hour before there was “Moon Trine Mercury” aspect. When moon ingress weak, market didn’t create much movement just like before the bigger news release like NFP market stays slow. During the NFP market sharply moved up towards the average planetary line resistance then fallen towards the Jupiter line & keep falling.
Using Multiple Time Frame Analysis for Profit Target:
Multiple Time Frame Analysis can be helpful in case of deciding profit factors. A simple example to understand it as follows:
Suppose there is a mars resistance, which is also a monthly old top, then if technical analysis says yes sell now, you can sell for 50-100 pips profits depending on the currency volatility.
If that mars resistance is last day top, then you can go for 20-50 pips profit.
If that mars resistance is an intraday top, then go for 5-10 pips scalping profit.
Example Part I: EURUSD M15 Chart to see the big picture. Orange Area is the price action areas, which got manually plotted with MetaTrader drawing tools. No extra indicator used. See the Neptune line support also a previous bottom. So market reacted nicely.
Example Part II: On EURUSD M5 Chart with two aspects Saturn square & Pluto Sextile (Upcoming) we can see how market reacted & continue bullish trend on smaller time frame. Market didn’t reach Saturn square price line during 14:35 but it did touch that level before time & during that time it just continued its trend. That level was also the last day bottom & last week bottom, a good combination to for stronger support. So market moved up for 70 pips with EURUSD.
Example Part III: With EURUSD M1 Chart you can see the more clear view, how it moved and moving right now: These all are live chart.
According to the Vedic astrology, each hour is ruled by a planet. This way 24 hours get ruled by 7 major planets like Sun, Moon, Venus, Mars, Mercury, and Jupiter & Saturn. With Vedic Astrology, it doesn’t count Uranus, Neptune & Pluto.
Note! This is the secondary part of this indicator. It doesn’t work as a standalone system; rather trader can match up their decision with it.
With USDCAD, there was only one major aspect “Venus Square Saturn“. Indicator plotted Venus Square price line. The indicator shows a sell alert all this during the Venus hora with another planet aspect “Moon Square Mars” So everything matches, sell position up to the next Venus square line & Venus hora (Target).
With US 30 Indices, There were two major aspects “Mars Trine Jupiter” & “Mercury Sextile Pluto“. Also, both Mars & Mercury was on the same level & US30 opened around it. After opening it didn’t go below, rather keep up above the support line. So buying until the Mars trine price line, market keep going up and up.
Example 6: GBPJPY Double Top with Heliocentric Jupiter Line.
How to Use Custom Timing for non-FX instruments:
For using the Non-FX instrument, from Market Watch Window, right click on the instrument & from right click menu click on Specification. To get Instrument Start hour & End hour.
Input these data on indicator custom time settings:
You can add the same indicator multiple times on the same chart for the advanced level of analysis. Indicator input field has an option to use custom indicator name. if you want to add two indicators on the same chart, use two different custom names for the two indicators. Just change the text dashboard x, y axis in order to avoid overlapping textbox or you can hide one textbox as per your choice.
The example below showing only “geocentric moon line” & “heliocentric Jupiter & Saturn Line” & average of 5 planets (heliocentric). With one indicator it was not possible on same chart. But with this features you can do that on same chart.
Market Reacted on Moon line also on heliocentric Saturn line with GBPUSD.
You can get price alert for all planetary lines or aspect lines which are plotted on the chart. There are 3 types of price alerts: