This is a helper indicator for Delorean strategy by Tyrone Foster a.k.a Vector King.
Delorean is a scalping strategy based on EMAs. EMA 5/13/50/200/800 followed by yellow/red/aqua/gray and blue color Delorean use 5/13/50 EMAs for short term trend (Scalping). And 200/800 EMAs for long term trend.
We aim for the EMA 5/13 cross over/under (a.k.a Shift) for scalping in London Session. We will decide the quality of the shift based on the much the market moves in Sydney & Tokyo sessions (a.k.a The A Range).
The A Range is calculated from 9AM-5PM AEDT (Sydney time).
v0.1 features
Draw Delorean's EMAs template
Show SHIFTS signals (green/red arrows)
Show "The A Range" info
Fully custom color and style
How to use The A Range
Only look for SHIFT signals when Range Size less than 50 pips
Only look for SHIFT signals when market creates false break out on the A Range
How to use SHIFT signals
Green arrow for BUY
Red arrow for SELL
Please always follow your risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.