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.
You can go long once a full bar has closed above the upper line, and go short once a full bar closes below the lower line.
In the picture, this indicator is the shaded yellow zone on the top panel.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: [COLOR=#0000ff]NOT TESTED [feedback][/COLOR]
Category NinjaTrader 6.5 Indicators
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