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The VMA Zones indicator. I think the 'kill zone' is the shaded area between the MAs. Basically what is the kill zone all about? And how is it traded?? Or not traded?Thanks!!
Can you help answer these questions from other members on NexusFi?
The VMA Kill Zone is the area to avoid. When price action is inside this area, most likely, it will be chop or sideways. Wait until price action is above or below the shaded area to enter into a trade. Or, if you are in a trade, you can exit when price touches or closes in Kill Zone.
If you do not want to use VMA Kill Zone you can use 34 EMA High and 34 EMA Low to create a channel as well.
Keep things as simple as possible, but no simplier. Albert Einstein
If you can't explain it to an eight year old it's to complicated
I have been working on a trading system for myself. For me the only way to test it, is to do it live. I traded it this afternoon and went three for three and missed one. The arrows represent the chart areas that I was analyzing. I never considered going long because the ATR line on the DM indicator was pointing down. Anyhow I was reviewing the chart and decided to post it here. I have been working with the companion chart with the VMA zones and hence my initial question.
