Solenox Boost

Solenox Boost — arrow-based price direction indicator.

Solenox Boost is a visual arrow indicator that displays potential market entry points directly on the chart. It generates buy and sell signals based on the analysis of local highs and lows smoothed by moving averages, while also factoring in market volatility through the ATR indicator.

Signals appear as clearly visible “BUY” and “SELL” text labels at precise price levels and times. It is strongly recommended to enter trades only after the current (zero) bar has closed, confirming the validity of the signal and reducing the chance of false entries.

Key Advantages

• No repainting — signals are fixed only after the bar closes

• Clean and intuitive — signals are clearly displayed as text on the chart

• Fully customizable — moving average and ATR parameters can be adjusted for any trading style

• Suitable for all currency pairs and timeframes

• Lightweight and fast — minimal load on the terminal

• Universal — works for manual trading or as part of an automated strategy

Input Parameters

• PeriodIndicator — number of bars to determine local highs and lows

• arrowsUP — Unicode code for the upward arrow

• arrowsDN — Unicode code for the downward arrow

• arrowsSize — font size for the signal text

Ready-to-Use Trading Strategies

1. Trend-Following Strategy

• Enter a trade only after a BUY or SELL signal appears and the current bar closes

• Place a stop-loss below/above the nearest price extreme

• Set take-profit at 2–3 times the stop-loss distance or at the next support/resistance level

• Alternatively, exit on the next opposite signal

2. Counter-Trend Strategy with Filters

• Use RSI or Stochastic Oscillator for confirmation

• Take SELL signals only in overbought zones, and BUY signals only in oversold zones (after the bar closes)

• Use small take-profits, as this strategy aims to catch short-term pullbacks

3. Scalping on Lower Timeframes

• Apply the indicator to M1–M5 charts

• Increase ATR sensitivity (by reducing the ATRdelta parameter)

• Trade only in the direction of the overall trend (e.g., using 50 EMA as a filter)

• Exit manually at small profit targets or when an opposite signal appears

Solenox Boost is a practical and focused tool that helps traders identify directional signals without cluttering the chart. It works especially well in combination with simple trend and volatility filters.