Momentum Pinball v.2 - MetaTrader 5 Script - MT4/MT5 Resources
Based on the idea of Linda Rashke, some changes were made compared to the original indicator: the original indicator only had period 1 and was calculated using only ema.
Attachment download
📎 momentum_ppinball.png (10.67 KB)
📎 momentum_pinball.mq5 (6.84 KB)
Source: MQL5 #16531
Momentum Pinball v.2 - MetaTrader 5 script usage and screening recommendations
Momentum Pinball v.2 - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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