Solar Wave

Solar Wind was renamed Nova Wynd due to copyright reasons. To better reflect its full capabilities, it has been rebranded as Solar Wave.

Upon purchasing this trend following indicator, you will receive 2 FREE indicator templates for your quick use. 

Please read Trader Manual to understand how Solar Wave works and how to get the best out of Solar Wave.

What is Solar Wave?

Why "wave"? Because trends behave like waves: they have both direction and strength. Just as ocean waves build momentum and push forward, market trends gain strength and carry price action with them. A trend is a trader's friend, so understanding its direction and strength is crucial. Solar Wave interprets these elements for you, making trend trading simple!

Solar Wave is a complete trend-trading indicator. ninZa.co researched hard to develop Solar Wave as an indicator that is purely based on ninZaATR and price action, totally not using any moving averages or smoothing in order to minimize lags.

How does Solar Wave work?

This spectacular trend following indicator has 2 visual plots of the best values for a trend trader, both of which are ninZaATR-based distances from the reference price:

• Trend Vector: A vector provides both direction and amplitude information. Similarly, our trend vector not only tells the trend direction (uptrend or downtrend) but also the trend strength (strong or weak). It's easy to read the trend heat!
• Trailing Stop: This plot is reserved for trailing-stop attachment purpose. You just need to attach your stop to this plot and automatically ride a massive & lasting trend to the very end. This helps you be immune from harmful emotions that often kick you out of a great trend so soon.

Here's how to read "Trend Vector":

• If the "Trend Vector" plot is flat, the trend is weak: maybe it’s experiencing a correction, or it has matured with an imminent reversal.
• If the "Trend Vector" plot heads upward, the uptrend is strong.
• If the "Trend Vector" plot heads downward, the downtrend is strong.

4 states of the markets (strong/weak uptrend, strong/weak downtrend) are displayed clearly with various visual signals to help you easily read: bar painting, plot colorization, background highlight.

The best signal of Solar Wave is PULLBACK. As you know, a trend rarely goes straight, but often retraces – which creates great opportunities for pullback trading. In Solar Wave, pullbacks are our recommended signals for entries. From our testing and experiences, the first and second pullbacks are usually the most reliable and optimal entries.

A spectacular feature of Solar Wave is trend step prints, based on the analysis of "Trend Vector" flat segments. Trend step decreases warn of trend weakness and therefore anticipate an imminent finale of a trend.

In this indicator, ninZaATR is used (instead of regular ATR) for better performance. For your information, ninZaATR is ninZa.co's special ATR version that helps improve indicator performance significantly on intraday charts. It is also a standalone FREE indicator for ninZaFamily → https://ninza.co/product/ninzaatr.

Key features

The trend following indicator stands out with many key features to help traders enhance their trading, let's check below:

• Plot "Trend Vector" that interprets trend direction (uptrend or downtrend) and trend strength (strong or weak)
• Plot "Trailing Stop" for stop trailing management
• Allow configuring "Trend Vector" and "Trailing Stop" with ninZaATR adjustment
• Print trend steps and highlight step decreases to warn of trend weakness
• Colorize bars based on 4 statuses: uptrend strong, uptrend weak, downtrend strong, downtrend weak
• Colorize "Trend Vector" based on 4 statuses: uptrend strong, uptrend weak, downtrend strong, downtrend weak
• Colorize "Trailing Stop" to clearly show uptrend vs downtrend
• Paint background to clearly show uptrend vs downtrend
• Trigger alerts on trend start, pullback, strengthening
• Print markers on trend start, pullback, strengthening
• Be NinjaScript ready for advanced usage, only restricted by your imagination
• Expose dedicated NinjaScript signals

From scalping to swing trading, our best NT8 indicators cover every style and timeframe to match your unique trading approach.