The Solar System MT4 indicator provides a complete forex trading solution.
The Solar indicator gives you the buy or sell entry price together with the suggested stop loss and take profit level.
Make sure to enable the “enable Robo” setting from the indicator’s inputs setting to put it to work.
- A blue arrow represents a buy signal
- A red arrow represents a sell signal
Of course, you can determine your own take-profit and stop loss levels.
Free Download
Download the “RIS SolarSystem.mq4” MT4 indicator
Indicator Chart (AUD/CHF H4)
The AUD/CHF H4 chart below displays the RIS Solar system Metatrader 4 forex indicator in action.
Basic Trading Signals
Signals from the Solar system MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open a buy trade when a blue Solar system indicator arrow appears on the chart.
Place a stop loss and take profit price according to the suggested level for the buy trade.
Alternatively, place a stop loss 2-3 pips below the most recent support level or use your own preferred method.
Sell Signal: Open a sell trade when a red Solar system indicator arrow appears on the chart.
Place a stop loss and take profit price according to the suggested level for the sell trade.
Alternatively, place a stop loss 2-3 pips above the most recent resistance level or use your own preferred method.
Solar System Indicator and Precision Trend Histogram Forex Strategy
This MT4 strategy combines the RIS Solar System MT4 Indicator with the Precision Trend Buy Sell Histogram MT4 Indicator.
The RIS Solar System provides clear entry signals with blue arrows for buy trades and red arrows for sell trades.
The Precision Trend Histogram confirms trend direction, showing green bars for bullish momentum and red bars for bearish momentum.
This strategy is designed for intraday and short-term trading on M5, M15, or H1 charts.
Combining entry signals with trend confirmation increases the probability of successful trades while reducing the risk of trading against the market.
The indicators’ visual signals make it easy to identify setups and manage trades efficiently.
Buy Entry Rules
- The Precision Trend Histogram must display green bars, confirming a bullish trend.
- The RIS Solar System must generate a blue arrow, signaling a buy entry.
- Enter long at the close of the candle where the blue arrow appears while the histogram remains green.
- Set a stop loss below the recent swing low or support level.
- Take profit when the histogram turns red or trail the stop to follow momentum.
Sell Entry Rules
- The Precision Trend Histogram must display red bars, confirming a bearish trend.
- The RIS Solar System must generate a red arrow, signaling a sell entry.
- Enter short at the close of the candle where the red arrow appears while the histogram remains red.
- Set a stop loss above the recent swing high or resistance level.
- Take profit when the histogram turns green or trail the stop to lock in profits.
Advantages
- Clear entry and trend confirmation signals make the strategy easy to follow.
- Dynamic take profit using histogram flips allows capturing realistic market moves.
- Reduces the risk of trading against the trend.
- Works well on multiple time frames and currency pairs.
- Combining trend and entry signals improves overall trade accuracy.
Drawbacks
- Trend flips can occur prematurely, resulting in early exits or missed profits.
- Scalpers need fast execution and tight spreads to maximize efficiency.
Case Study 1
EURUSD M15 during the London session showed green bars on the Precision Trend Histogram.
Shortly after, a blue arrow appeared on the RIS Solar System indicator.
A long position was opened with a stop loss below the recent swing low.
Price moved upward steadily, and the trade was closed when the histogram turned red, capturing a 35-pip profit.
Using both indicators together allowed a controlled and profitable trade.
Case Study 2
GBPUSD M5 during the New York session displayed red histogram bars on the Precision Trend indicator.
The RIS Solar System generated a red arrow, confirming a sell entry.
A short trade was opened with a stop loss above the recent swing high.
Price moved downward, and the trade was closed when the histogram flipped green, producing a 22-pip gain.
Trend confirmation minimized the risk of entering against momentum.
Strategy Tips
- Trade during high liquidity sessions for stronger trends and more reliable signals.
- Wait for both the histogram and arrow to align before entering a trade to reduce false signals.
- Use higher time frames to confirm the overall trend direction.
- Focus on currency pairs with sufficient volatility to maximize intraday opportunities.
- Be patient and skip minor arrow signals that do not align with the histogram trend.
Download Now
Download the “RIS SolarSystem.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (enable Robo, period, smooth, alert) Width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly
Type: signals
