Momentum Pinball indicator helps to determine a day for trading.

The trading strategy depends on values of Momentum Pinball indicator (at the moment, when daily bar is completed).

Usage:

If Momentum Pinball>70, it is recommended to open short positions only;

If Momentum Pinball<30, it is recommended to open long positions only;

Momentum Pinball indicator is based on Momentum (the difference between the today’s and yesterday’ clohe standard pacent terminal) in the terminal_data_folder\MQL5\Indicators\Examples.

The Momentum Pinball indicator works on daily (D1) timeframe.