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).
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.