Description
Solar Wave is a trend-trading indicator designed to help you quickly identify both trend direction & momentum.
The indicator is built entirely on price action & ninZaATR, without using moving averages or smoothing methods, which helps keep the signals more responsive.
Solar Wave mainly focuses on 2 visual components:
- Trend Vector: Shows the current state of the trend. An upward slope indicates strong bullish momentum, a downward slope reflects strong bearish pressure, and a flat segment often suggests weakening momentum or a correction.
- Trailing Stop: A dynamic level designed to help traders stay in strong trends longer while managing risk more effectively.
Solar Wave also highlights pullback opportunities within a trend, which often provide practical entries. In addition, trend step prints help reveal when momentum begins to fade.
If you would like to learn more about how Solar Wave works in detail, please see the full explanation here.
