Solar System Metatrader 4 Forex Indicator

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.

Of course, you can determine your own take-profit and stop loss levels.

Free Download

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.

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