Ice Volume Zone is a great indicator that is spot on for acting like very powerful magnets. What does ICE stand for? I Can Enter and I Can Exit. LOL. There are 3 major lines in the Ice indicator. The red and the green are the most powerful lines. The blue does not take as much volume to break through. There are also 2 more lines available in the within the indicator; these are the period high and low. In the toolkit these are defaulted to transparent and do not show. They are not big levels and we have found they are more confusing than helpful. You can use them if you want, but so far I have not found them very helpful.
ICE VOLUME INDICATOR VIDEO
There is a template in the toolkit ready with the Ice, I zones, deviations and ranges ready on the chart. It is similar to the one Marilyn uses in the Elite room. It is called _ICE and Institutional zones.
Generally you need exceeding volume to break the high and low lines. If there is not exceeding volume, it is likely to bounce back and forth between either the ICE lines or one ICE line and another strong magnet. I will be posting tips and tricks with screenshots for futures and spreads in this ongoing post. I will update as capture different scenarios to post with comments.
How to stay out of the choppy chop but still profit on the scalpable chop
A picture perfect entry in bonds using ICE Volume Zone
It is really sweet when all the stars align as they did in this screenshot
As shown in the screenshot below, Darrell had a great trade here with a bounce off and Ice level, and a Profit Hunter re-entry watching magnets and deviations.
Magnet flavored ICE anyone?
See also the Ice Zone post for binaries: CLICK HERE
See also the Institutional Zone post: CLICK HERE
Training video for Ice and Institutional Zones CLICK HERE