You can find it in the File Sharing forum (indicator section), or here:
VMA Zones charts an upper and lower region on your chart using the VMA indicator. VMA (Variable Moving Average) adjusts to low volatility and high volatility periods automatically, by using the CMO for calculations.
You can use the VMA Zones as a "Kill Zone" (don't trade inside the zone), or you can use it as a trigger or confirmation when to enter or exit a trade.
In the below pictures, the indicator is the yellow shaded region on the top panel.
You can go long once a full bar completely closes above the upper line, or go short once a full bar completely closes below the lower line.
I hope you can find it useful!
Mike
Comment