With the manifestation of this impulsive and initiating energy through the zodiac signs we can predict the level of risk that the traders influenced by Mars and dominated by fire will take. This individuals, will desire higher risks when Mars is located in a zodiac sign that strengthens the fire force. Is not a surprise that BTCUSD is more when Mars transits Aries , Gemini (air strength fire) and Sagittarius and when transits Leo (this energy becomes more oriented to pleasures, parties, romance, passions), Virgo (challenge the impulse with the analytic thinking), Aquarius (boring of the existing holding needs to move into another stuff and is desiring a change), Pisces (period of reflexion and mediation of the results of the impulsive cycle that completes).
The most relevant Mars zodiac signs positions for BTCUSD are: Aries 62% days, Gemini 66% days, Sagittarius 58%. The all history buy/sell frequency distribution is 55% (bull) 45% (sell) so BTCUSD has bias to the side, even considering that, the bull frequency on this signs seems to be very relevant and can be analysed with this indicator in the BTCUSD TradingView index that provide historical price since 2010.
With this indicator there is unlimited possibilities to explore the impulsive risk prone actions across different markets to study how this plays out, no more manual chart annotations to identify the zodiac sign location of Mars. We encourage you to analyse this zodiac sign cycles in different markets and share with us your observations, leave us a comment with your research outcomes. Happy research!
Note: The Mars tropical longitude indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the longitude is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.