Momentum Pinball Indicator
The Momentum Pinball Indicator is designed to identify strong price movements in markets, signaling potential trade setups based on momentum shifts. Traders typically look for buy signals when the indicator shows rising momentum, suggesting a bullish trend, particularly after a pullback in price. Conversely, sell signals are generated when the indicator indicates declining momentum, often following a rise in price. Key entry points can be confirmed with additional technical analysis, such as support/resistance levels or volume spikes, to enhance trade reliability and reduce risk. Always apply proper risk management and consider market conditions before executing trades.