Solar Wind Indicator MT5

Solar Wind Indicator MT5

The Solar Wind Indicator for MT5 is a trend-following tool that generates clear BUY and SELL signals using a color-changing histogram. This makes it easy for forex traders to identify market direction, gauge trend strength, and decide when to enter or exit trades. Because it is simple to interpret, the indicator is ideal for both beginners and experienced traders.

Advanced traders can also use the Solar Wind Indicator to confirm signals from other technical tools or to support automated trading strategies.

Solar Wind Indicator for MT5 Trading Signals

The EURUSD H1 chart above shows how the Solar Wind Indicator plots a histogram in a separate window.

Green histogram bars indicate a bullish trend.

Red histogram bars indicate a bearish trend.

Buy Signal

A BUY trade is triggered when the histogram changes from red to green, signaling the start of upward momentum.

Stop-loss: Below the previous swing low.

Sell Signal

A SELL trade is triggered when the histogram shifts from green to red, signaling bearish pressure.

Stop-loss: Above the previous swing high.

For take-profit, the most effective approach is to exit the trade when the opposite color appears. Traders may also secure profits earlier if a favorable risk-to-reward ratio is reached.

It’s important to note that the Solar Wind Indicator repaints, meaning some histogram bars may change after new data appears. Therefore, traders should confirm signals using additional indicators, price action, or multi-timeframe analysis.

Although the indicator offers limited customization—mainly the period setting—it remains a useful trend tool, especially on higher timeframes where signals tend to be more stable.

Conclusion

The Solar Wind Indicator for MT5 is a simple yet effective tool for identifying long-term forex trends. Lower-timeframe charts may generate frequent signals that lead to overtrading, so the indicator performs best on higher timeframes. With proper confirmation, it can be a valuable component of any trend-based trading strategy.