Forex Momentum Pinball Version Indicator
Forex Momentum Pinball Version Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is price momentum. It can read another timeframe. It has 12 settings, for example Time Frame (default PERIOD_CURRENT), For Symbol and Momentum Period (default 14). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Momentum Pinball Version Indicator
Forex Momentum Pinball Version Indicator is an indicator for MetaTrader 4. It can show data from another timeframe (MTF). It has 12 settings, such as Time frame, For symbol and Momentum period. MQL source code included.
Files in the download: installation manual.txt, Momentum pinball__1.ex4, Momentum pinball__1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Time frame |
| For symbol | For symbol (leave empty for current chart symbol) | |
| Momentum period | 14 | Momentum period |
| Avg period | 0 | Momentum average period (0 -> same as momentum period |
| Avg type | avgEma | Momentum average method |
| Zone up | 70 | Upper zone limit |
| Zone down | 30 | Lower zone limit |
| Color on | cc_onLevels | Color change : |
| Color up | clrLimeGreen | Color for up |
| Color down | clrOrangeRed | Color for down |
| Line width | 3 | Main line width |
| Interpolate | true | Interpolate in multi time frame? |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Momentum · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code