HLC Trend
Back to products
Brain Trend
MT4
Watch video
Click to enlarge

Solar Wind Joy Histogram

The Solar Wind Joy Histogram indicator for MT4 is a Forex tool that detects price momentum and market direction. It is a great tool for traders of all levels and is a popular choice among Forex traders.

Trading Style

Indicator Type

Timeframe

,

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 91

Download now
Description

The Solar Wind Joy Histogram indicator for MT4 is a dynamic trend analysis tool that detects shifts in market momentum and trend direction. It is a multi-timeframe technical tool that accurately identifies key trend reversals.

The indicator is char-friendly, versatile, and tailored for scalpers and day traders looking for short-term trading opportunities. Besides, it is also suitable for swing traders aiming for bigger pips in the market.

Features of the Solar Wind Joy Histogram Indicator

The Solar Wind Joy Histogram Indicator for MT4 analyzes the market momentum and sentiments of an asset. It presents the market analysis using a dynamic moving average and histogram bars that alternate between lime green and red color, making it a beginner-friendly tool for traders to interpret market conditions at a glance.

The indicator moving average and histogram bars move between negative and positive zones. the histogram above the zero line indicates bullish sentiment, while the histogram below posits a bearish market.

Additionally, the moving average line changes to a gold color, suggesting a potential change in the market trend, such as from bullish to a bearish market and vice-versa. So, when the moving average crosses above or below the zero line, it suggests a potential buying or selling opportunity, respectively.

Furthermore, the indicator can generate alerts to notify traders of potential trading opportunities via email. Besides, the indicator’s parameters are customizable, allowing traders to adjust the moving average period and the indicator’s sensitivity for optimal performance.

Benefits of Using the Indicator

  • Trend Identification: The indicator is a valuable trading tool that aids in identifying the trend direction of the market. A bullish or bearish trend is when the moving average and histogram bars cross above/below the zero line, respectively.
  • Early Trend Reversal Signal: Another benefit of using the indicator is its ability to detect potential changes in the market direction early, enabling traders to anticipate trend reversal trading opportunities.

Indicator Settings Description

The indicator comes with the following customizable settings:

Period: Determines the period for analysis.

Smooth: Determines the sensitivity of the indicator to price changes.

DoAlert: Enables/Disables the alert system.

AlertMail: Enables/Disables alerts via email.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Solar Wind Joy Histogram”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

Power Trend

The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
MT4
Quick view
Add to wishlist

Pullback Factor

Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
MT4
Quick view
Add to wishlist

Wave Trend Oscillator

The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
MT4
Quick view
Add to wishlist

Woodies CCI Arrows Oscillator

,
The Woodies CCI Arrows Oscillator Indicator is a popular MT4 technical analysis tool used by forex traders to identify trends and potential entry and exit points wich based on the Woodies CCI system, which helps traders to identify when a trend is strong and when it may be weakening. The arrows on the indicator show when the price is moving in a particular direction, and the oscillator provides additional confirmation of the trend's strength. The Woodies CCI Arrows Oscillator Indicator is a valuable addition to any trader's toolkit, and it can help traders make better-informed trading decisions.
MT4
Quick view
Add to wishlist

ROC Indicator

,
The ROC Indicator is a popular and useful Forex indicator for MT4 that is free to download. It is used to measure the rate of change in price movements over a given time period. The indicator is useful for traders as it can help identify when a price is overbought or oversold, and when a trend is reversing. The ROC Indicator is a popular and useful tool for traders who want to make informed decisions about their trading strategies.
MT4
Quick view
Add to wishlist

FX5 MACD Divergence

,
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
MT4
Quick view
Add to wishlist

MACD Divergence

The MACD Divergence Indicator is a powerful tool that helps traders identify trend reversal points in the market. It is a popular and free indicator that is compatible with the MT4 platform. This new indicator plots divergences between the MACD indicator and the price on your chart, making it easy to spot potential trend reversals. It works by measuring the difference between two moving averages, and traders can use it to identify bullish or bearish divergences. With its ability to identify trend reversal points, this indicator is useful for both beginner and advanced traders.
MT4
Quick view
Add to wishlist

TRIX Indicator

,
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.