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.

In the dynamic world of trading, trends are akin to the winds that guide your ship. Recognizing a trend’s direction and strength is paramount for traders, and that’s where Solar Wave steps in, simplifying trend trading for you!

Unveiling Solar Wave: Your complete Trend-Trading indicator

At ninZa.co, we’ve invested extensive research and development to bring you Solar Wave, a trend-trading indicator that stands apart. What sets Solar Wave apart is its exclusive reliance on ninZaATR and price action, completely eschewing moving averages or smoothing techniques to eliminate any hint of lag.

Solar Wave’s valuable advantages

Solar Wave presents you with two visually compelling plots, both rooted in ninZaATR, catering to the needs of trend traders:

• Trend Vector: Think of it as your trend’s guiding star. The Trend Vector not only points out the trend direction (whether it’s an uptrend or downtrend) but also gauges its strength, making it a breeze to assess the trend’s intensity.
• Trailing Stop: Your ticket to riding a substantial and enduring trend to its conclusion. Simply attach your stop to this plot and shield yourself from the emotions that often lead to premature exits from promising trends.

Navigating the Trend with Trend Vector

• A flat “Trend Vector” plot signifies a weak trend, possibly undergoing a correction or approaching a reversal.
• An ascending “Trend Vector” indicates a robust uptrend.
• Conversely, a descending “Trend Vector” points to a formidable downtrend.

The market’s four key states (strong/weak uptrend, strong/weak downtrend) are clearly delineated through a variety of visual cues, including bar painting, plot colorization, and background highlighting, facilitating your trend analysis.

The Power of Pullbacks

In trading, trends seldom move in a straight line; they ebb and flow. Solar Wave excels at identifying pullbacks, presenting them as your optimal entry points. Our extensive testing and experience have shown that the first and second pullbacks often yield the most reliable and favorable entry opportunities.

Trend Step Prints: Anticipating Trends

Solar Wave introduces an innovative feature known as trend step prints, derived from the analysis of flat segments in the “Trend Vector.” These prints act as early warnings of weakening trends, allowing you to anticipate the climax of a trend.

Unleash the Potential of ninZaATR

Solar Wave harnesses the power of ninZaATR, a specialized ATR version from ninZa.co designed to enhance indicator performance, particularly on intraday charts. Discover ninZaATR as a standalone FREE indicator for the ninZaFamily at ninZaATR.

Solar Wave empowers traders with unparalleled insights into market trends, ensuring you sail confidently in the right direction with the strength of the wind at your back. Elevate your trend trading game with Solar Wave today!

Key features:

• 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

Alerts:

• Popup alert
• Sound alert (configurable rearm)
• Email alert (possibly configured as SMS alert)
• Message displayed in Alerts Log window

NinjaScript readiness:

• Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io
• Can be used in Market Analyzer
• Can be used in Strategy Builder
• Can be used in BloodHound
• Can be used in 3rd-party indicators, strategies, products
• Professional & clean signature for easy calling

Dedicated NinjaScript signals:

• Signal_Trend:
  • 2 = uptrend strong
  • 1 = uptrend weak
  • -1 = downtrend weak
  • -2 = downtrend strong
• Signal_Trade:
  • 3 = uptrend strengthening
  • 2 = uptrend pullback
  • 1 = uptrend start
  • 0 = no signal
  • -1 = downtrend start
  • -2 = downtrend pullback
  • -3 = downtrend strengthening
• Signal_Wave (positive values for an uptrend, negative values for a downtrend):
  • ±1 = wave #1
  • ±2 = wave #2
  • ±3 = wave #3
  • …

Compatibility:

• Instruments: futures, stocks, indices
• Interval types: timebased or non-timebased, standard or custom
• Chart styles: whatever

Usability:

• Ready to use out of the box
• Fully configurable & customizable with ease

Media

Nova Wynd

20 photos

Changelog