💬hangout

[versed schooner]

Why is not already optimize?

[static bluff]

It is based on preferance and style

Whole indicator is full of wonders and you should adapt it to your style

[late sparrow]

when lambo

[versed schooner]

Yeah dumb ,not all of us we are so smart ,that s we pay on ninja I do t need to optimise anythink

[late sparrow]

you can do it, trust me

[empty solar]

Optimising is as simple as changing a number once a day 😄

[rare wing]

massive W for lux

🔥🔥🔥

verified on IG when 👀

[empty solar]

👀

[versed schooner]

I will do today

[crude kettle]

Hey everyone, should I update my lux settings on tradingview everyday same as they are in indicator settings bot in this server or?

[halcyon mango]

do you sharpen your knives every time you use them?

[empty solar]

What a beautiful analogy

I shall steal it 😎

jk

[halcyon mango]

careful it's sharp 🔪

I like your voice more than the tiktok auto generated voice

[empty solar]

Mine?

As in the british voice

Or Sean's voice 😉

I got a hate comment once saying my voice "put him to sleep" hahahahaha

[halcyon mango]

no your british voice

[empty solar]

😍

[halcyon mango]

meh I listen to the BBC and watched every series of top gear, maybe i'm bias

[empty solar]

Top Gear... a man of culture i see

[halcyon mango]

it's fun to watch Clarkson suffer

[empty solar]

The greatest TV production in history

You seen grand tour?

Im guessing yes

[halcyon mango]

every episode and the couple of "movies" they've made

[crude kettle]

@empty solar What do you think, is it smart to use 15m timeframe with 1x leverage for begginers ?

[empty solar]

For sure 😄

[halcyon mango]

paper trade if you can

trading done well is an art

[finite fiber]

No use safely 20 x

Lux is accurate

Just get some other confirmation indixators

[finite fiber]

Is anyone used market cipher

[dawn cove]

Any tips on stopping the squish/distortion when using lux?

[onyx cape]

am I paranoid ?

[crude kettle]

What do you guys think is the minimum amount of money to invest into day trading to approach it as a living?

[hidden moss]

without leverage 50k

[valid shard]

Just won all 3 trades with stocks making some money but to just test it out with stocks.. was wondering if anyone knew how to get a better fill price for crypto whenever you buy? Whenever I buy at market it buys way above and if i do Limit it doesnt fill. Im using webull and have tried coinbase

[midnight vapor]

what is the best crypto for 5min optibot?

??

[quasi lodge]

going by TA i would have said the same,

[rare wing]

y'all see that SOL news 👀

[rare wing]

limit buy above the current price

ik ppl that try to short market order on FTX and begin on -40%. brutal

limit order is your best bet

[solid blaze]

I returned the investment on the indicator in 24 hours👍

[eternal falcon]

Guys what’s exactly the indicator setting bot channels ?

[amber stream]

!docs

[hidden moss]

Learn about every aspect of Lux Algo at: https://docs.luxalgo.com

[gray sonnet]

Morning Gecko, May i DM you?

[magic lake]

Hello .. Does the TF Segmented Polynomial Regression indicator reprint ?

[empty solar]

Yes absolutely👍

[empty solar]

Si it can do

[digital inlet]

Is there an alarm for stoch when turning it to opposite color like red or green?

[empty solar]

Yep you can use stochastic cycle crossing legacy trigger 👍

[digital inlet]

Thank you sir

[tacit basin]

Why is there no backtesting facility... it is not like LUX ALGO is incapable of creating such.
I see many requests, and always thrown aside as this is not available. Why?
I understand strategy/script, etc, and that a single indicator should not be used, but so many basic TV indicators have the ability to backtest - seems remiss that Lux Premium does not have a backtest available.

[empty solar]

Exactly for this reason: "I understand strategy/script, etc, and that a single indicator should not be used, but so many basic TV indicators"

We have a massive collection of indicators; where would we start at designing a strategy... what would ppl want?

[tacit basin]

You can create a backtest - as per so many others do

For each indicator

[empty solar]

How does one backtest an indicator?

[tacit basin]

Really......

You need me to point you to TV

Indicator with a possibility to BT

[empty solar]

A strategy and indicator are totally different kettles of fish 🙂

Tell me

If you had RSI

What is an RSI strategy?

And given Lux has a lot of indicators

where do we start

[tacit basin]

So you are saying there is no RSI backtest available on TV?

[empty solar]

There are

But there are a LOT of ways you could build a strategy around one

[tacit basin]

You start with a backtest for each

[empty solar]

Crossing OB OS

crossing mid line

Crossing anything

[upper widget]

CJ is revolving around same idea since he joined here. I guess he's either competition trying to cast a bit of shadow over Lux or a guy that's never satisfied about anything

[alpine otter]

I will love if you answer all these question for me

[upper widget]

cause I cannot imagine explaining same thing over and over again and still getting same answer: where is the backtest? 🙂

[empty solar]

Propose an exact strategy 🙂

Using an exact indicator

and happy to hear you out

[tacit basin]

Guys... there are so many indicators on TV which have backtest facility.
LUX, despite the seemingly advanced position, offers none. Simple question, why ?

[empty solar]

I think you're missing the understanding of what a strategy is vs an indicator

There are many many interpreations of how an indicator can be traded

[tacit basin]

And @upper widget I know you like to chat, but please do not disrespect a question from another member

[empty solar]

You've seen how many ways people trade an RSI

divergences

OB OS

crossing midlines

crossovers with signal line

crazy number of ways you can use it 🙂

[tacit basin]

Indeed.... surley that is the point of a BT

[empty solar]

That's why

[empty solar]

Imagine the number of permutations there 😄

And for every lux indicator too 😄

millions....

[tacit basin]

And yet, there are ways to backtest RSI, but not on LUX

[rare wing]

well - you seem to have a subscription - why don't you manually backtest strategies with lux yourself?

[empty solar]

But there are so so sooooo many backtest types

[rare wing]

gecko has great strategies on his channel & you can backtest those if you'd like a place to begin

[empty solar]

How would you propose we backtest an RSI? 🙂

[upper widget]

as you can see, Gecko, guy is fixated. not to mention of having no clue on what he's asking for, after a thorough explanation had been provided, such as the one about RSI above 🙂

but he's got the time to understand my ... disrespect lol

[thin trail]

It is not bad of a question, it's one of the most commonly asked.

The prospect of creating a strategy related script of some sort is on our minds, however, the reason for not doing it is to actually encourage discretionary trading.

Using indicators as supportive tools for decision making is generally "healthier" in many professional opinions, opposed to trying to find a strategy but there could still be some use to it, so we're considering creating something 🙂

Could certainly have a negative backlash with a strategy script, whereas people truly do follow things blindly & treat it like a money printer.

[storm herald]

Jumped in this chat after reading everything above just to say: LOL FACTS.

Brother, learn to trade using YouTube videos. Or honestly bro just dm me on twitter and i’ll get you thinking straight to get started @safe forumix007

But you need to treat this craft like its a million dollar business even if you have $10 only in your account

The sooner you treat every trade and stategy like its your last dollar. You’ll improve

Lux is life changing but empty your chart and learn what makes the lux signals look good. First: add vwap and ultimate macD

Those 2 alone are 70% of your entry when validated

For me. Personally

Rsi you can use but you dont even really need it. Lux reversal cloud preeeeettttty much tells you when something is due for a cool off

Thats my guage of “where i’m at” in the pressure (sometimes) as it can rip right through and confuse you. But the deeeeeper it goes into reversal cloud, the way more you should be considering taking profit

Dont automate anything if you cant trade just by looking at candles and understanding the basica

Last note: look up wysetrade. You’re welcome

Peace ✌️

[tacit basin]

@upper widget - below a reply from a respected member.
You are too quick to judge and be toxic.

roopraig — 05/29/2022
Lol, I am not here to teach you bro and neither I have achieved that level yet. I saw one interesting chart made by someone - who is an expert in doing it, so thought to share it. Thanks again to you. It was not sarcasm, sorry if you felt it that way.

Your reply to my question posted below for all to see:

Aker — Today at 11:14 PM
as you can see, Gecko, guy is fixated. not to mention of having no clue on what he's asking for, after a thorough explanation had been provided, such as the one about RSI above 🙂

@upper widget you are a disgrace to the idea of community and learning

I simply asked about backtesting

[upper widget]

sure I'm a disgrace, mate. lucky me, I'm still kept within this community because I contribute with something, unlike others who just come here to complain all day long.

have I hurt your feelings too much? 🙂

get used to me, I'm a disgrace :)))

don;t forget to ask Admin to pin my reply to the wall of shame, so everybody can see how toxic and judgy I am

[tacit basin]

Thanks, needs to be fully automated. The conversation is part of a process. re automated trading on behalf of a third-party. Interesting to get an intro into the traders using Lux. Seems super toxic from some, but otherwise a nice community. I hope all make good $$'s be it discretionary or algo.

[amber stream]

simply put everyone is different and even if they are using the same strat same indicators within lux they will get totally different results

just like not everyone has the exact same way to study for example

and even if they do, they will perform different on the exam

lux indicators or backtesting it’s like a pen or pencil or notebook

use them to “study” for the exam

if we all do the same shit we might as well be under communism

[tacit basin]

Thank-you, understood. But backtesting does not mean people cannot have their own method.
Other indicators have the full suite of options to backtest. My question was simple:
"Why is there no backtesting facility... it is not like LUX ALGO is incapable of creating such."
LUX have said there is none...... OK, issue closed.
I want pizza, restaurant says only salad, I walk elsewhere.
End of issue.

Toxic @upper widget he/she can take hike. And for others, review his/her chats to see the toxicity. Listed one already.

All goo.d.... I simply asked about BT.

[upper widget]

walk away, then. we can only give you salad because we think about your health, how you choose to eat in between not our concern. same as Lux, is only giving the tools, mate. not some money printing solution that you need to automate for a third party. best of luck

[analog onyx]

I believe this discussion can take place without calling anyone toxic or without diminishing the pov of others, so lets stop here

I will add to anyone interested in backtesting that it is not a simple procedure, and that simplistic approaches to it can be catastrophic. Recommended backtesting procedures are not available on Tradingview, and users will often limit themselves to looking at simple statistics such as overall returns and winrate, which does not constitute a realistic report on their own.

They can also reinforce the idea of persistent past results, which is very wrong, as past results are not indicative of future ones. We will further discuss the idea but we are pretty set on it.

[upper widget]

Alex, glad I saw you around. question: what values have been pushed upper in the list of plots? Gecko said you changed something with 5.1

plot_19 still the TP level, I think

[tacit basin]

@analog onyx the word toxic is not used lightly and based in part previous interactions by @upper widget, as listed. @upper widget in this conversation is irrelevant.

My question was a simple one, and I thank you for the answers, end of story, my question was answered.

[analog onyx]

All I want is to see user get along, else it makes me sad 🙂 Your question is a good one, if you have other points you want to bring please feel free to do it, its an interesting topic 🙂

[analog onyx]

The tp/sl placeholders were indeed inaccessible in a previous version, now they are 🥳 Latest update fixed an issue with one of them tho.

@upper widget here 🙂

[hidden moss]

Hi guys, will Bitcoin pump or dump today?

[upper widget]

got it

thanks

Trend Strength as well now

[astral kelp]

https://tenor.com/view/bogdanoff-dump-it-stocks-crypto-gif-20477588

[tacit basin]

Agree, and in another channel on Lux:
@upper widget seems to want to put ... in his terms, 'the middle finger'
100 percent not necessary. I am a community member, I asked a question about backtesting, and now subjected to online abuse.
NOT OK

Aker — Today at 12:07 AM
shithead a gold digger, wants a solution that he can implement through automation for a third party
translated to making others (many) pay for something you only pay once (one subscription)
I know the type, can never refrain myself from raising the middle finger to them 🙂
he's pissed he doesn't have a backtest solution to prove his worthy idea 😛
anyway, back to Bitshit

Sadly some moderation is needed

[hidden moss]

Can you be specific about the output of GIF😳 please? You mean bearish right?

[tacit basin]

And for the record... I am not a 'shithead a gold digger'

[upper widget]

self explanatory for retail traders, Panda 🙂

[tacit basin]

yet you continue

[upper widget]

not about dumping now, but what happens when you always trade with the trend and whales are playing with you in the opposite direction

nothing looks bearish now, tbh

$23500 just broken

SPX went up a lot

a pump would be the logical thing now 🙂

volumes are lazy though

[tacit basin]

Agree, and in another channel on Lux:
@upper widget seems to want to put ... in his terms, 'the middle finger'
100 percent not necessary. I am a community member, I asked a question about backtesting, and now subjected to online abuse.
NOT OK

Aker — Today at 12:07 AM
shithead a gold digger, wants a solution that he can implement through automation for a third party
translated to making others (many) pay for something you only pay once (one subscription)
I know the type, can never refrain myself from raising the middle finger to them 🙂
he's pissed he doesn't have a backtest solution to prove his worthy idea 😛
anyway, back to Bitshit
Sadly some moderation is needed

[hidden moss]

This is Day 1 on Lux Algo and as well as TA, please can you help me out to get in to ETH at best price. I mean should wait for low 1500 or should I get in at market price because I can guess that there will green candle for two more days!

[upper widget]

not trading ETH, Panda, don;t know what to say to you. was only thinking at overall trend dictated by BTC

[hidden moss]

Okay! What would you do if you have to invest today? Eth or Btc

[upper widget]

today I would've just waited, tbh

no need to rush in crypto

most of the times is the wrong entry

[thin trail]

Sorry to hear @tacit basin - I can understand your frustrations, no need for anything to be hostile in this server for anyone, really.

Think it's also easy to miscommunicate via text, at the end of the day we're all here to improve, no productivity in the arguments. Sure we can all agree on that & be on good terms 🙂 if there's any concerns feel free to DM

[upper widget]

but signs are bullish, so I would say buy

but wait for others to confirm

with more arguments

[hidden moss]

Cool, thanks.

[upper widget]

looks like both sides are in equilibrium, Panda. buyers and sellers. that's why we not moving significantly

[tacit basin]

No need for a DM, disrespect is easily communicated . I have shown @upper widget no disrespect, hopefully he/she will do the same.

[ocean shore]

Hi all is anyone using algo trading for Kucoin margin trading ?

[short hull]

Sorry I’m new to this how do I set up, trading view and Lux?

[empty solar]

Welcome ☺️

!guide

[hidden moss]

How to setup the indicators on TradingView: https://docs.luxalgo.com/getting-started/setup-tradingview

TradingView.com --> Chart --> Indicators --> Invite-only scripts

[empty solar]

Here is our setup guide 👍

[short hull]

Thank u

[boreal lark]

I'm getting setup not auth on tradingview

[empty solar]

Have you just joined? ☺️

[boreal lark]

Yeah

[empty solar]

Refresh your TV in 1m 👍

[storm herald]

@empty solar autopilot uses how many candles to determine settings?

Or remind me whats its based on?

I know opti is 1000 candles

[empty solar]

Based on dominant cycle periods so it looks at how the market is behaving 👍

[storm herald]

Ok cool. I left my “any call alerts” and filtered signals to be based off autopilot

I presume this is the “second best” setting

Correct? “Or so they say”

(Very subjective I understand)

[empty solar]

It's really subjective but for alerts it's a little more convenient

[short hull]

Do I need to pay for trading view to enable me to use Lux?

[empty solar]

!tvfree

[hidden moss]

You don't need to upgrade TradingView, our product works with 100% functionality on the basic plan of TradingView (free).

Sign up for TradingView free here: https://www.tradingview.com/?offer_id=10&aff_id=24142

[short hull]

Thanks I’ll have a play around until i get it to work lol

[empty solar]

Are you having trouble currently?

[short hull]

I am sorry to be a pain

[empty solar]

No worries at all 😄

Happy to help

[short hull]

Thank u so much 😊

So I’ve signed up for TV as well lol

From here I’ve loaded up a chart but it’s showing me I’ve signed in but can’t locate LUX

[modern lava]

Best settings for Lux Algo S/R?

[zinc flume]

anybody do trading based on just trend catcher high time frame with 3commas? how iis your result

[empty solar]

Do you have a SS?

[short hull]

Sorry May I ask what a SS is 🙈

[short hull]

Is that the chart

[empty solar]

Screenshot 😎

[empty solar]

So you've gone to your indicators?

[short hull]

Yea get to the stage where I can see my scripts, Technicals, Financials, Community Scripts

[empty solar]

So you've clicked invite only?

[short hull]

Haven’t got that option?

[short hull]

Also I don’t see where I can sign in to Lux

[empty solar]

Have you connected your account?

Is this a brand new account?

[short hull]

Brand new account, and I connected to discord via the email that was sent?

[empty solar]

Ah ok; if it's a brand new account give it 1h or so

[short hull]

Okies bud cheers for looking, was round 6pm I started it lol

[empty solar]

What is local time for you?

6pm where 😎

[short hull]

Uk sorry GMT

[empty solar]

A fellow Brit 👍

So

Could I see a screenshot of your Lux connect accounts page

[short hull]

👍🏼

[empty solar]

Where you connected your discord

[short hull]

Is that what u need?

[empty solar]

Perfect

[short hull]

So far so good lol

[empty solar]

And you're logged into the TV account under that username?

[winter widget]

@short hull has earned the Lux Level 1 role!

<@!933024626311852073> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[short hull]

That’s correct

[empty solar]

Ok perfect

Try refresh your page

Browser

If it's not there give it another 30mish

[short hull]

Thanks I’ll try that, I signed up wiv apple but using the same email as I did with LUX

[empty solar]

If it's not working in the next 30m @ me 👍

[short hull]

Found the mistake…
Cryptob4sh instead of cryptobash

[empty solar]

Ahhhhh

Give [e-mail] an email they can fix 👍

[short hull]

Thank you so much for your support 😊

[short hull]

Should I ask them to change to the one on as my connect account? Or TV?

[empty solar]

Ask them to change your TV acc

[short hull]

Cheers 🍻

[hollow latch]

Hello anyone is using Luxalgo to trade spy options . I need guidance . appreciate your support

[amber stream]

#📈stocks-futures-chat message

roughly the same

[frozen sage]

how do i switch monthly to yearly

also i didnt see lifetime as an option?

[empty solar]

!upgrade

Lifetime is an option 🤝👍

[hidden moss]

You can upgrade your subscription by logging in to your customer account at: https://luxalgo.chargebeeportal.com/

Once logged in, click your account, click on your membership, and select 'Edit Subscription'.

From here you can select your upgraded plan of choice from the blue drop down menu, see the prorated charge, and click 'Update Subscription' to complete the process.

[frozen sage]

dank ya

[finite fiber]

Hey i am getting late signsl tell me if auto pilot id good or not

In genral

Can i use auto pilot accurately

[frozen sage]

i have learned the signals are more for "confirmation" of the position you are currently in

you shouldnt just fomo into them unless other indicators tell you the current trend is strong enough to continue, because the buy/sell doesnt work very well in ranges. It works a lot better on higher time frames

[finite fiber]

But if i take wrong position how should i confirm

[frozen sage]

you will know you are in the wrong position if your drawdown is too extreme, either you were too early for the position or you are wrong

[visual mural]

Anyone using LUX algo to trade futures ES/NQ?

[hidden moss]

Wassup guys. Does anyone use a bot from Kryll.io with the exchange bitforex? Im looking for a bot a can hook up to that exchange and utilize the Lux Indicator.

I hate pulling out of a position and then having a buy signal appear when I'm dead asleep lol. Happens way too often

[thin trail]

yep! #📈stocks-futures-chat

[visual mural]

I wanted to ask some guidance on best settings that people have seen good results. ES/NQ

[thin trail]

!settings

[hidden moss]

Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

[short hull]

Does the free TV work on mobile to show you Lux scripts?

[compact ridge]

Hey everyone! Just decided to go all in with the Lux Algo Lifetime Membership.

[amber stream]

full send

[thin trail]

yessir

[thin trail]

Welcome!!!

[thin trail]

😂😂😂

[ancient frost]

hey all

Hope you are all having great time and trades 😉

where is the best channel here to share and suggest?

[thin trail]

Heyo @ancient frost 🤝🤝

We love to hear feedback

#🔍feature-requests

[hollow latch]

Hello All , i am using 5 min chart for SPY, APPL trading . there were some false signals . how to avoid them . Here is the screenshot . Anyone has settings

[astral kelp]

Use the eq cloud or maybe a moving average to filter out bad signals

[short hull]

Up and running much appreciated for the help yesterday 👍🏼

[empty solar]

Ayyyy perfect 👍👏

No worries 👍

[upper widget]

you need to use other indicators and filter signals. also, trading by signals is not recommended. what you perceive as a bad signal is merely a recommendation. let's take your image. you first got a STRONG BUY. that one appeared as result of past candles analysis, which suggested a potential move up. but the sudden shift in colour also suggested a potential top. the way you would have interpreted the whole shit there would've been: STRONG BUY, let's see if it changes colour. colour changed (to be read top reached and potential trend reversal), let's see if I get now SELL signal. and when the sell signal would have appeared, based on a visual interpretation of the candle size and lack of upper wicks (strong selling pressure), decision would've been: START SHORT HERE

so from your image, with the correct interpretation, you did not have a fake signal, but a clear signal to short right after the red sell sigtnal

which would've been a very successful trade, if you ask me 🙂

[ebon jewel]

Hi guys, what was those 2 indicators used in this video? https://www.youtube.com/shorts/FJTRUqDaIdU Thx.

[empty solar]

Utlimate RSI and advanced oscillator 🙂

[ebon jewel]

That was quick! 😊 Thank you very much

[empty solar]

🐆

[thick iron]

Heyy 🙂 Just joined...Hope you're well!

[empty solar]

Welcome 😄

[ionic estuary]

Agreed. And to add, learn patterns and candlesticks formations, instead of relying on the buy or sell signals. If I’m correct the candle after the strong buy is a doji candle which can indicate a trend reversal.

LUX and others ( rsi etc etc ) are indicators… not silver bullets.

Albeit that LUX comes close 🙂

[upper widget]

every individual analysis is different, Baastie. but if most agree to same interpretation, like you just did (noticing the Doji), it means a correct understanding is first needed, following signals blindly will result in failed trades all the time

I'm more of a forward testing fan when it comes to indicators. past data will never be an indicative of the future. hence the need to properly understand how to use what I have to my advantage. in predicting future price movement in advance, not just based on past data 🙂

[tiny tapir]

Dual Investments option is also risky?

is like buying calls or puts?

[hidden moss]

hello all

[empty solar]

Welcome to the cool club 🤝

[hidden moss]

Does anyone in here use an offshore broker that uses tradingview

how come the LUX ALGORITME only signals me like 4 times a day when i wanna scalp

[ionic estuary]

What TF… what setting..

You could set the TF to 5 M and the autopiltot to short term

Or fiddle manually with signal sensitivity , confirmation signals..

I believe the latter is not by default recommended

There is a YT video on signals and read the docs

[karmic gyro]

Send us a screenshot of your settings

[rare wing]

do not follow lux blindly

[amber stream]

i am blind

[rare wing]

hi blind, im fred

[ionic estuary]

Indeed, more signals does not mean better entries or they are all win’s..

[karmic gyro]

The other indicator settings

Premium 5.1

[hidden moss]

can i honor u

[karmic gyro]

I see that you have a strong buy signal and sell signal (minimum)

Try resetting your settings on the bottom left

[hidden moss]

i push reset now

[karmic gyro]

Do you see more signals now?

[hidden moss]

no man 😦 i dont c alot signals... Make me wonder purpose of this application

[karmic gyro]

Try vip support channel

[empty solar]

More does not mean better

More means worse in the majority of the time

If you want more simply reduce sensit

And untick autopilot

[upper widget]

no indicator in this world would be able to predict traps, sudden moves, whales dropping prices or buying huge amounts to rise it fast

that's why crypto trading is not exactly for everyone

[hidden moss]

thanks for the answer i put now at 8 and c what it does.

[upper widget]

and no indicator should be perceived as something that can tell you exactly when to buy or sell

because that would mean we will never lose a trade, innit?

[hidden moss]

yes but higher trades with good winrate is bettert than high winrate and 1 trade xd

[upper widget]

if you think of them as tools in the decision-making process, things will get easier for you 🙂

[upper widget]

I might contradict you on that one by giving you a simple example

Solana bought mid 2021 and sold in November

portfolio increase: 20X

now you tell me how much you can make with a good winrate but higher trades? 🙂

can you do a 20X? 😛

[hidden moss]

idk man i trust ur wisdome i'm new. But i try scalping. I sit here alrdy whole afternoon with no trade :p maybe i do it wrong

[winter widget]

@hidden moss has earned the Lux Level 1 role!

<@!1004702689806012526> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[empty solar]

Most people shouldn't be scalping; rather higher timeframe smooth trades

Scalping low timeframes is just very very hard

[upper widget]

because you are new, and I already saw you on multiple chats, I understand you need guidance first

[hidden moss]

i'm very noob but i read and try i guess

[upper widget]

hence the reason to convince you, for now, to stop the real trading, start a Paper Account (free on TV), ask for strategies, test them without stress or fear of losing money, find one that you understand and has a good win rate, and slowly take things further

[hidden moss]

oki will stop with scalp tha,n. thx for the information

[hidden moss]

Guys will Bitcoin drop more today?

[rare wing]

i was like you at first - i loved 1m 3m timeframe

nowadays i look more 15m~1h and 1d to confirm trend

trades i usually hold for a few hours

[dusk dust]

"Prove" your strategy works and you can implement it well with backtesting and paper trading first. This will both save you a lot of money and make you a lot of money

[brazen pumice]

Million $ ?

[dusky harness]

SENSITIVITY / AGILITY VALUES -- Optibot 5m Suggests 28/26 ; Website User Guide suggests 5-10; LUX Dashboard suggests Optimal Sensitivity=10
From the above three options, which one should be considered as the most optimal option? Optibot OR User Guide OR LUX Dashboard?

[empty solar]

Optimal really depend on you and how you trade and your lifetime. It depends how you use the signals. The website suggest 5-10 maybe if you're wanting more faster signals for smaller trends for example

Whereas the dashboard may try and filter out little moves

And so will Optibot

!settings

[hidden moss]

Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

[hidden moss]

@empty solar just a quick thanks for setting up this series of indicators. You’ve made tweaks here and there to established indicators, created bespoke versions and built strategies all under one roof. We all know there’s risk in trading but Lux Algo have definitely done more to de-risk it for the average user. On top of that it the whole package looks really great (making the whole experience much more fun).

[dusky harness]

Adding to this...
How many times in a day should the sensitivity setting be changed if I'm scalping 5m? Is there a specific time validity for the sensitivity setting?

[sage escarp]

Getting started with : )

[hidden moss]

Let’s gooooo bro

[hidden moss]

[empty solar]

A pleasure and glad to hear it 🤝🤝🤝

[viral knot]

[frigid kelp]

looking for advice...just starting out. Any lessons learned or suggestions?

[empty solar]

Welcome 😄

https://discord.com/channels/641770286638694402/997901168393068564

https://discord.com/channels/641770286638694402/997901091389841408

These are the best places to start 🙂

[tribal cypress]

Anyone have recommendations on a total package 15min day trading indicator setup with V5 settings

[hoary pivot]

just signed up for the Algo package. Is there any way to setup alerts for the Pattern Detection?

[native hound]

In neo cloud the candle has to cross the cloud?

[echo wolf]

Hey all - just joined the Club

Now to work out how this baby works

[hoary ridge]

not that I know of, but I do look at #📊pattern-detection in the morning - nice for quick 'at a glance' review

[analog onyx]

The pattern alert is builtin in the SR & patterns toolkit 🙂 As the Any alert() function call condition

[analog onyx]

Welcome 🙂 🙌 Let us know if you have questions, but starting with https://docs.luxalgo.com can help a lot

[hoary pivot]

How do we get it to fire off? I haven't had any alerts

[analog onyx]

by having the pattern detection enabled, and the alert created, then you will be alerted each time a new pattern is detected 🙂

[hoary pivot]

Thank you! was misunderstanding for a sec... thought it was auto... I see the option now. Thanks

[frank kettle]

i was looking to set an alert for the ultimate mac D for when it crosses up or down. any thoughts on what to set it as?

[hidden moss]

hey anybody wants to voice chat just to discuss reality from different perspectives right now?

@silent karma 🙂

[silent karma]

Hello everyone, I am new here. There are a lot of strategies in the videos. Can anybody please recommend the 1/2 most successful strategies for investing for 2-3 days

[dusky harness]

I wish to study the chart for past 1-3 months to better understand the working of Lux Algo indicator with Confirmation, Contrarian, S&R, Breakout S&R, Ultimate MACD + Advanced Oscillator. Will the past Lux indicators be reliable enough to be used for studying..?

[amber stream]

huh ?

discuss reality ?

[empty solar]

Absolutely 👍 those can be studied

[empty solar]

You'd want MACD histogram crossing 0

[crude kettle]

I backtested my 1 minute stategy, can anyone give me a tip is this good or no?

50 trades found in around 23 hours

was on ETHUSDT pair

[upper widget]

so you are asking us if a strategy is good or not because you have found 50 trades, but forgot to mention which strategy and how does it work 🙂

in this case, I can say: great strategy lol

[crude kettle]

Was just generaly thinking if these stats are good to try to continue with this and try it on live trade

[upper widget]

jokes aside, if you read #🧠core-lessons , you will know that winning rate is not a factor in deciding if a strategy is good or not

trading the 1M TF is by default a gamble, so the more you share about it with our colleagues here, the more you will learn about everything

note: most likely those 50 trades were found during the recent uptrend, so there is a high chance your strategy is trend bound

what will you do when the trend is gone?

[quick quail]

hi can I have this website link to test my own strategy

[upper widget]

and here starts the confusion 🙂

[crude kettle]

https://www.traderedge.app/

[upper widget]

the moment links with trials appear, more money spent :))) while Paper Trading in TV is free for all lol

[cinder phoenix]

Howzit howzit new here 🫡

[frank kettle]

Thank you!

[empty solar]

Welcome 😎🤝

[light topaz]

Anyone have a good strategy for day trading forex. Mainly Gold or oil? Looking for quick trades

[empty solar]

A fake gecko

Incredible

[upper widget]

next time send them to me, Admin

I like teasing this type of arseholes 😛

[hidden moss]

hi

[upper widget]

howdy mate

[hidden moss]

are you fine ?

[hexed ridge]

any long (daily/weekly) term trader on commodities and indices here?

[crude kettle]

Can someone please explain me the 2% trading rule. For an example if I have $5000 total balance. Do I trade all $5000 in a single trade and try to aim at maximum loss of 2% if it happens in this case ( $100 ) or if my total balance is $5000 I can only risk $100 per trade since that's 2% ? I really don't understand this and would be really helpful if someone can point me at the right direction. Thanks!

[lament shadow]

Newbie here-Tradingview support says they have a bug with Lux algo script so none of my lux algo alerts work. Any other way to get alerts? anyone else have this issue?

[scenic oracle]

Restart your Tradingview

[eager socket]

my alerts seem to always trigger after a spike already happened. What changes do you recommend?

[dusky harness]

My trader said, it's about risking $100 - Only trade 2%

[crude kettle]

Would you care to explain why should someone have for an example $5k balance for trading but only risk $100 per trade? You're never going to have enough trades opened to hit all $5000 being used am I correct or I'm understanding this wrong?

[hidden moss]

Thank's for all the work guys! I've been rolling with TV-Lux for a year now with great satisfaction. One question pops up repetetly during the hard work of screening out your edge over market's every day, and that is if it will be possible in a near future to include a lux-column into the screening commodety on TV? Once again, I'll take my hat of guys!!

[empty solar]

Much appreicated mr rogga; as soon as the day comes where we can do that it'll be added 😄

[late sparrow]

you can open a trade with 5000$ and with a stop loss at -2%, you're risking 2% of your 5000$

depends if you do a trade at once or multiples trades, especially with leverage

[crude kettle]

Oh okay, so when someone says follow the 2% trade rule that's what is meant? I'm currently trying to find myself trading at 1m or 5m time frame doing good amount of trades per day but my stop loss is usually raging from 0.15%-1%. while having RR 1.5:1 or 2:1 depending on the situation. I'm a beginner trader, hope that's good for a start? Currently trading with only $100 to see how everything goes but thinking to throw my $5k that I have and start trading with that once I'm comfortable with doing so.

[late sparrow]

if your stop loss is -0.5% you can trade with a x4 leverage for example, if you want to follow the rule. Continue to trade with 100$ and if you are profitable, add some $ in your account but not 5k in once i should say

[crude kettle]

Thanks for the advice! 👍

[late sparrow]

💪

[fierce merlin]

how to get exit buy&sell for any strong signals ?

[nocturne wolf]

I had some issues with trend catcher on my heiken ashi

[sharp pendant]

Just wow, the cheek.

[lament shadow]

ok I can turn that off

need some admin help here. I posted my alerts in the vip support chat

update was successful but alerts still an issue thank you

[coral pilot]

can anyone send me setup with lux algo premium? I dont know how it works at all

[limber blade]

can anyone confirm that when you create a "Filtered Signal Alert", and then change the settings and create another alert, that each alert is tied to the Filtered Alert settings at the time of alert creation? Thanks :)

[coral pilot]

guys what is the best timeframe for begginers?

[limber blade]

all of them

[frigid kelp]

Trying to look through docs to find out that’s the b stands for. I see references to buy sell strong and exit but nothing like that. Thanks in advance.

[empty gazelle]

The "B" stand's for Breakout. Since the candle close above or below the trend lines

[frigid kelp]

Oh ok. I’ll read up on it! Thanks!

[cedar garden]

What’s up I just joined does the indicator lag at all ?

[graceful dagger]

Me too 🙏🏿

Anyone use this to help pass prop firm challenges? That’s my goal. With my strategy just using extra confirmations 🔥🔥💪🏾

[fathom crater]

I have set up alerts on ultimate macd oscillators for divergence. But I do not get any notifications on TradingView. Can anyone help me? Thanks.

[modern lava]

Any thoughts to when the trend tracer is red and and the trend catcher being green? Could that mean the market is ultimately trying to figure itself out? This on the 3m so I don’t know how reliable that would be considering higher timeframes 30m being my top for day trading.

[cursive stream]

Which indicator do you guys think is the best for 3commas?

100% automation

[upper widget]

to do what, JL? I'm a 3C user for one year now

[cursive stream]

Buy / Sell

[upper widget]

3Commas is about DCA-ing, mate

[cursive stream]

I DCA too. But I'm looking for long / short indicators to trigger the bots without DCA

[upper widget]

it's what I do, as well, lol

use 3C to trigger buy/sell without SO

:)))

[cursive stream]

I'm asking which indicator here is best for automation

[cursive stream]

Are you profitable using these indicators?

[upper widget]

trying to do automation for months now

what I can assure you of is that you cannot use just indicators for that

you need to build a stratgey

[cursive stream]

I've been using 3commas for 2 years and every indicator I've used works until it doesn't.

[upper widget]

correct 🙂

[cursive stream]

There is no automation unless it's DCA

DCA = no losses

[upper widget]

some might argue with that, as you already know from using 3C for 2 years now

we still have guys with 80%+ red bags since May 2021 crash

that will probably never recover

[cursive stream]

Red bags are not losses.

[upper widget]

that's questionable

choice of coins is vital in DCA

[cursive stream]

and that is not the bots fault. The bot does what you tell it to do.

If it's in red bags it's the users fault between coin selection and settings.

[upper widget]

also, remember that coins good in May 2021 may be worth shit now

they were at the time

lol

but back to your question

[cursive stream]

Step scale and deviation are the keys.

[upper widget]

found Lux tools great but only if you combine them into a strategy

[cursive stream]

Yeah that's the plan

[upper widget]

my solution was to gather data from various tools, send them as webhooks to my server, process data according to strategy, and send start/stop signals to 3C bots

depending on the strategy, you may achieve great results, with proper risk management

[cursive stream]

I just want to beat the buy and hold

[upper widget]

have seen guys achieving a 2X in less than a week

but with leverage

market unstable and choppy to beat buy and hold, you would have to chase low cap coins for high profits

or use leverage bots

was looking early this morning

since yesterday, some of them even went 40% uo

[cursive stream]

Yeah, I'm trying my best to stay away from leverage

[upper widget]

same here

advocate of spot, highly against leverage

but let's not deviate from the topic, and not extend it too much to 3C either

out of respect for fellow Algo users

I suggest, for a starters, this:

use 2 indicators

from Lux toolset

cause you cannot aggregate conditions like I do

use first to trigger start bot

and when 2nd condition is met, use it to trigger start deal

I would trigger start bot when oversold/overbought

and trigger start deal when you have another fancy condition, much stronger, such as MACD crossover, Stoch turning green, etc

what better works for you

test it on paper first

with a multibot

a multibot that uses a lot of coins that react fast to BTC changes

and trigger bot/deal using the indicators on Bitshit

so you will have 2 alerts on BTC and a multibot on Paper

do not set any SO on the bot, use SL and TTP

best of luck

[cursive stream]

Thank you

[upper widget]

with a smart choice of coins, should work like a charm for you

p.s. also, never forget you can DCA as well, if needs be 😛

when trade goes against you but you certain it will reverse

[cursive stream]

I might use a low time frame so I'm not waiting long periods without trades and missing big moves

[upper widget]

my automation is set to 5min TF

not bad

[cursive stream]

Might start a trade on oversold/overbought and use safety orders / dca in reverse if it reverses and just go for a fixed %

for TP

[upper widget]

as always, test, test and retest

[cursive stream]

or just do oversold and not short

[upper widget]

but you on the right track now

hope it helped

p.p.s. never trade buy and sell signals. they have a different purpose

[cursive stream]

so far just DCA'ing

[upper widget]

amazing results

stick to your plan then, Lux one of the best additions to 3C, if used wisely

[cursive stream]

just trying to figure out how to use algo to help make it better

[upper widget]

unless you test different scenarios, you will not know

ideas above will help you a lot

what helps you even better would be what I do, but that's a step too far, requires programming

[fading flame]

Do the VIP tools work when backtesting?

[empty solar]

What exactly do you mean by that? 🙂

[fading flame]

As in if I use the backtesting tool on TradingView and then enable the SR & Pattern tools will it show me a level that was there at that point in time?

[empty solar]

It depends on the Sr mode 🙂

Preditive suite yes

Patterns naturally not

[cursive stream]

where is there a backtesting tool?

[upper widget]

no backtesting JL, as most of the tools are just what the name says: tools

you cannot backtest an indicator

I mean you can, but all give different results based on market suitability

[coral pilot]

Hi, can someone help me with alarm setup?

[upper widget]

that's a fact for any indicator

nut just Lux

but what you can backtest is a smart stratgey using Lux tools

seen some with 80% win rate

one of mines has a 90% 🙂

but less deals that one might look for, and retail traders are by definition .... impatient

[cursive stream]

what's that mean in english

[upper widget]

with proper settings and conditions, you may find a strategy win 90% win rate

[cursive stream]

manual testing?

[upper widget]

is that english enough? 😛

don;t even need to go that far, you can visually check it. but yes, manual testing

trend strategies with Lux the best. have not found yet one for ranges with a high winning rate as ranging markets are hard to predict, in terms of where the breakouts may occur

therefore, chances (statistically) to hit a SL by choosing the wrong breakout direction are high

[fading flame]

Yeah just using the breakout zones

[upper widget]

take current situation of BTC

shitty Bit stuck within those Fib levels

traditional TA says wait for a breakout, on the upper side

as the low level was retested

pish posh

[empty solar]

Also fine to backtest 🙂

[upper widget]

macro factors can send it to oblivion in no time

so what to do? my suggestion is follow the price. start a long bot at current levels and follow the price based on a certain logic (a trailing buy of 2-3%)

if it breaks down, you trigger the algorithm

[cursive stream]

This is not automation lol

Might as well manually trade

[upper widget]

if it hits the bottom of Fib but starts going up 2-3% you start the deal

[upper widget]

well, can;t teach you how to use trailing buy for bots lol. 3C a bit limited on that

but pretty sure you can find a combination of alerts to emulate the scenario

I found that what works best with 3C is .... out-of-the-box thinking lmao

[frank kettle]

i looked for that as a setting when setting the tradingview alert

[empty solar]

Select crossing first and it appears 👍

[frank kettle]

you rock.

[coral pilot]

3commas bot is a scam or no?

[upper widget]

3commas bot is a software. how you use it is up to you

it will not tell you which coin to trade, when to trade it and why

[twin wave]

ROYAL Q bot is a scam or no?

[coral pilot]

yeah i know but it won't take all of my money?

[upper widget]

why you ask that? you never heard of risk management?

if you didn't yet, stay away from trading, mate. start learning first

[cursive stream]

the bot isn't a thief. it's not going to steal from you lol. it's programed to do what you tell it to do. if you don't know what you're doing, you will lose your money.

[coral pilot]

okay thanks

[upper widget]

or that for a much clearer explanation lol

it is concerning that lately all newcomers are expecting crypto to be a money factory. Lux to tell when to buy or sell, 3C to trade for you, etc

is it my just my impression or people are lese and less knowledgeable?

pretty sure is not market's fault

I fear the more awareness crypto has, the less people try to learn anything about it

soon it will become a common topic, and be treated like they treat any topic on FB

comment about it all day long, without having a clue what is it

sad

on the other hand, not surprising. asked a young blood a few days ago a question about something related to programming, he answered: don;t need to know that mate, can look for it online and copy/paste what I find 😛

[wispy sable]

You are not wrong. I am new and still learning, this is the second trading group I am in. There is a marketed expectation that the lux stuff will 'tell me when to buy and sell' which I saw on all of the videos that popped up on my feed, which is why I bought it, but as you said yes you still have to learn.

There is so much to learn about market structure and price movement that it can be afull time job. Indicators like this are supposed to help for sure. I haven't had the chance to go through the videos yet (I literally bought 2 days ago) and I bought lifetime membership based on a few of the videos that said 'with this lux indicator I made X"

I am not however thinking that I still don't need to understand the market a little better for those indicators to work 'FOR ME".

The first trading group I am in is much smaller with some custom indicators for divergence, he has some lives to help.

I am excited to learn more about Lux, hoping that the indicators will assist my trading to get into and out of trades quicker... I guess that's what they are really for right? but without a basic understanding of Support resistance, price action and one or 2 other basics, the indicators will just make noise and pretty pictures that you don't understand.

[minor glade]

IMHO It’s all about TA, risk & trade management and most important of all: mindset, after all this, comes some helpful indicators such as LUX. But after a long run, I think mindset and discipline are the main factors that makes a trader profitable 🙂

But as @upper widget pointed out, I see too a lot of the people quite lazy to track and learn even from their own mistakes

[upper widget]

I know it may sound harsh a bit, but I guess the society has changed a lot, imo. newer generations are lacking critical thinking and analytical skills, because they treat everything as something easy. that can be acquired without a learning curve. the meaning of learning itself has been severely altered by the online environment. everybody is now an expert in any field. because they can, there's no limits to anything anymore.

there;s a YTB expert everywhere, in any field lmao

insane

some mofos have not opened a history book in their entire life, and now they explain to us the reasons for the wars :)))

is not funny anymore, but instead really disturbing

cause they gather an army of followers ready to support their BS 🙂

end of rant 🙂

[cursive stream]

I mean, they have YT shorts saying "how I made 900% with this one indicator" and "new buy and sell alerts" and then you pay, and you find out you shouldn't use the alerts.

There's a lot of false advertising and a lot of false claims that people are making money.

What is the point of buy and sell signals if you shouldn't use the buy and sell signals.

[upper widget]

because of what I said above lol

[cursive stream]

I know in my case, it's overwhelming. Has nothing to do with lazy. But then again, I'm not from the younger generation.

[upper widget]

how can a person thing there is a potential 10X win lately when markets are down tens of percents

where from? 🙂

[cursive stream]

Right, but what you said is not advertised.

Because 'shorting'

[upper widget]

funny thing, JL, I only short 🙂

in my case, lost half of BR twice, recovered in full also twice

to me, 2X gain not a dream lol

cause when you lose 50% of your portfolio, you need 100% gain on remaining to breakeven

[cursive stream]

Market can only go down 99% but it can go up 1000's. Don't know why you would short.

[upper widget]

another thing many miss to calculate lmao

[wispy sable]

You're 100 Percent correct. The marketing is false. I had an issue with another indicator I joined that just blatently said 'this will tell you when to buy and sell' and it didn't, longer story there, but I feel like you have to come into this with some kind of common sense. There is no 'this will work' 100% indicator out there. There just isn't. You still need to make an effort to 'understand'.

A comparison -- This protein powder has been designed to increase muscle mass, aid in recover and proven to increase gains.

[cursive stream]

I have spent thousands of dollars in the past 2 years on every indicator you can find online. None of them work.

[wispy sable]

All of those statements make the person think ... cool all I have to do is chug 3 of these a day and I'll be ripped.

[cursive stream]

They have a very short life span.

[wispy sable]

The basic understanding of how the powder works needs to be included. 'You have to train to break open the muscles, then the protein powder will help to rebuild that muscles, making it bigger'

while this is an extermely oversimplified explanation, it is exactly the same.

[cursive stream]

I've used auto backtesters with cloud computing to run non-stop tests to find the best settings for the indicators. They are all bullshit.

[wispy sable]

Without the additional effort to understand the process, the magic pill won't work.

[wispy sable]

I don't agree

[cursive stream]

If they worked, why are you here?

[winter widget]

@cursive stream has earned the Lux Level 1 role!

<@!322222716130164736> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[cursive stream]

fully automated?

for how long?

[wispy sable]

Because these indicators are an addtional tool to help make a decision

[cursive stream]

So then it's not automated

[wispy sable]

If you want fully automated trading, use a DCA bot

[cursive stream]

Ah, exactly.

[wispy sable]

these indicators aren't for fully aotmated

they are signals.

[cursive stream]

My point is there is no fully automated indicator.

[wispy sable]

that isn't what you were saying.

you were saying just indicators

that is 2 completely different things.

[cursive stream]

I only speak in automation terms.

[wispy sable]

You can setup 3 commas to act on your Trading view signals,

[cursive stream]

You said I came into this conversation with common sense, so if you read what I said, you would know I was talking about automation.

[cursive stream]

Correct, but that's not profitable.

[wispy sable]

but you are never going to find a fully automated system that is 100% profitiblae, becuase price is moved by emotional people, not robots

[cursive stream]

correct

[wispy sable]

Going back over your messages so I don't tie my tongue up. You're right, it is 100% overwhelming. And again, 100% youre right, the YT shorts that said I made X amount drew me to this indicator. But i never once thought it was all automated.

[upper widget]

You cannot code fear, JL

Trust me when I say I have tried a few good mathematical models

[wispy sable]

the one thing I have learned in my trading time that I see proven is that, Price action has 2 people, the emotional ones and the educated ones.

[cursive stream]

When algo becomes AI, we'll see.

[upper widget]

Created by experts, in mathematical journals and papers, not YouTubers lol

[wispy sable]

The wicks are the emotion, the open and closes are the educated (there is another word my mate uses but I can't remember)

or wicks are retail - and open and closes are investors, something like that

but wicks are created because people fomo to get into something skyrocketing, and then panic sell because something is dropping.

[cursive stream]

Yeah, that's not the world I want to spend my time in. I'd rather run a 24/7 DCA bot and go about my life.

[upper widget]

It will work long term, JL

Use a 10% step scale and problem solved

[cursive stream]

Life is outside, not behind a screen. Sit in front of a computer all day, stressed, emotional, not sleeping, looking at charts, etc. Not for me lol.

[wispy sable]

Of course another over simplification, but there are many many shorts and longs that are programed at specific prices, and when you use futures you have liquidation prices, so a lot of shorts could get liquidate that have been on the book for weeks, and that also can dramatically change price.

[wispy sable]

Me neither, but I feel like once you get a good understanding, set yourself a 'i need to make x amount of money' and spend 2 -3 hours a day checking.

setup you notifications, or setup your indicators, but you will get to ap oint where you don't need to be infront all day. I am not, I just like looking at them

[cursive stream]

Yeah, and do that for 30 years?

[upper widget]

Hell no

[wispy sable]

and trust me, I bought these indicators for the same reason you are trying to, outside life

[upper widget]

I trade for fun, not money

[wispy sable]

F*** no, 30 years? dude, I am already 47. I dont' ahve time for 30 years.

[upper widget]

Have 3 businesses to attend to 😀

[wispy sable]

I do this to get the extra on the side, then hold longterm coins, and invest in other stuff that brings my family money so we can vacation.

[cursive stream]

I do this to stack for my future while I travel. 57 countries so far.

[upper widget]

Same age here Panda

[wispy sable]

This has been a great conversation, but like you said JL, outside life calls. golf day in 95 degress, can't compain 🙂

enjoy your sunday all

[upper widget]

Likewise, mate

Football for Aker a bit later

Sunday league for all timers

😀

[cursive stream]

I'm in Bali at the moment. It's Monday in an hour.

I already had my Sunday.

Time to rise with the Asians 😆

[hidden moss]

any admin i can talk to please

[empty solar]

Sure; you can DM 👍

[teal oyster]

Hi guys Finally got Lux trying it on my strategy let’s see what will do for me after I back test it on live account since I know price action trading … Any advice from you is highly appreciated… Thank You

[teal oyster]

Kindly help me with best settings for Scalping method and also swing with forex and also crypto setup on lux.. I am new here just bought this indicator to try to add on my strategy… Thank You

[frank kettle]

any lux indicators good at finding price action areas?

[reef barn]

Hello Guys .. Just joined

[south escarp]

Wellcome 🙂

[thin trail]

Trend Tracer can help you see when market is ranging or trending generally

If it's flat or 'stationary' this would indicate ranging price action

[thin trail]

Welcome!

[amber stream]

hehe flat

[wispy lichen]

Why isit when i enter into a trade im automatically in loss my entry price is 23266 and that price is the same on the order book aswell but the mark price is whats confusing me 23277

Like 5% loss straightaway even though the order book price is the same as my entry

It should count as the 23276price shouldnt it the percentage loss not the mark price

How do i get it to just be the same as mark price when i enter so im not straightaway in a loss

[frozen sage]

Welcome friend, you just learned about "slippage"

Your lev is 113 so if the slippage on the coin you are trading is .1% that's like 13% ish down you are off the bat. Fun right. Use lower lev if it bothers you

[wispy lichen]

So how do i enter at the mark price then?

[frozen sage]

By not using leverage.

All coins have slippage. You multiply slippage by the amount you use in leverage.

[wispy lichen]

Oh ok that sucks

[nocturne wolf]

anyone here play spx options besides my good friend who is on vacation 🙂 ?

[hidden moss]

@wispy lichen Also, your exchange should have two different types of orders. Limit and Market. When you just hit the "buy/Sell now" button, that is a market order. So if you say "gimme 100k of this coins at xx price", and there is only 50k at that price, the market order will move to get you your complete fill, no matter what the next available price is. As well, the trading fees are generally higher when you market buy, so in addition to that slippage, there is your trade fee.

Limit buys will usually have lower fees to open and close the trade. The difference is, if you say "gimme 100k of this coins at xx price", and there is only 50k coins at that price, you only get filled for 50k. those orders can sit until you cancel them or they get filled.

[wispy lichen]

Yeah i noticed when watching this guy with limit orders theres less fees thanks

Learnin a lot

Limit orders frustratin lol

Im trying to swing trade on 30 min time frame seems to be working atm

[hidden moss]

It is infinitely worth spending time to find a strategy and do as many limit orders as you can. I have market buys disabled, for me they are black swan shut everything down buttons

[wispy lichen]

What do you do for a strategy like time frame?

Trying to do supply and demand on 30 min frame

5min frame is 2 much for me

[hidden moss]

I am currently trying to work out a 5 or 15 minute strategy with Lux. Usually I trade the 1 hr tf, in the direction of the trend on the 4hr. I am new to Lux, so I am just forward testing now

For all my trading, I look at momentum. I took a class on TPO, could never work it out. Pivots just give me anxiety. Trend following is what works for me. Lux seems to be a great fit sop far.

[wispy lichen]

Thats great news man

What do you u use in lux

[hidden moss]

@radiant wyvern moving to this channel. You need to check the box for tp/sl. You do not need to fill them both in

[hidden moss]

Right now I am testing with confirmation, ranges (at 2) and trend catcher. Also MACD for the oscillator. Still working out the strategy, I am gonna give it a week before I trade on it. Need to find the reasons to skip when necessary.

so far, I am pretty excited

[wispy lichen]

Oh ok

At the moment im using theae

Support and resistance and joel crypto scalper indicator from youtube has a win rate of 66 percent so im getting on ok with it just always rooms to improve

Also are those trendlines drawn correctly? I no theres not 2 proper touches yet

When downticks come go long basically when the 50 ema crosses the 200

[hidden moss]

My understanding of trend lines is you don't count em until they have 3 touches. I don't use them much though, I like momentum

[wispy lichen]

2 or 3 right?

[hidden moss]

The stuff I have seen always seems to say 3.

I am not the guy to ask though 😉

[wispy lichen]

Also me haha

Tradin for a couple of months all i do is watch the pros do it live

https://youtu.be/_RYdx56mpfs

Check his live scalping he seems interesting

[hidden moss]

It is all about risk management and mindset. Know what you are going to lose before you go in, and accept that loss. The best guys who helped me didn't have super awesome indicators and big gains, I learned from their attitude. For me, 1% a day is how you make a living doing this.

[wispy lichen]

He uses a stop loss of 0.3 percent so 23000x0.997 makes 22931

[hidden moss]

I let the chart tell me where the stop is, and my order size is based off that. Some trade are .3 leverage, some are significantly higher.

[wispy lichen]

And a take profit of 0.5 percent so 23000x1.005 makes 23115 as limit orders and take profit setup

Let the chart tell you where the stop? Oh you close order manually?

[hidden moss]

I use a termnial that is king

[wispy lichen]

Terminal?

[hidden moss]

1 - My stop loss. From the Lux ranges, set at 2.
2 - My risk, between 0.1% and 5% depending on how sure I am the trade is good. (never over 5%)
3 - Based on the current price and my stop, the terminal sets how many contracts to make my stop equal what I want to risk
4 - Is what I am going to lose if I am stopped - so I know what this trade will cost.
5 - First take profit, is a range line from Lux ranges. It will move my stop loss to break even, so when its filled, it can only go up, or stop me out in profit

It only works on Bybit right now, but they are working on more exchanges

but the general Idea, only risk a certain amount, and let that amount dictate how much you put in. and let the chart guide you to those numbers

my chart right now. See, I caught a short, but skipped the long because the trend catcher was red. Although the two lower support lines were there, and the MACD crossed up, I could have taken it. I am still working out rules for this strategy

[wispy lichen]

Yeah

Interesting

Those rangea

I use a phone if i put 2 it looks really spaced out ill show you the difference and u tell me

Okay so

[hidden moss]

just in case anyone comes across this later, I certainly don't go in at 25x.... I took the screenshot many many candles after the short I was calculating to show the features

[wispy lichen]

This is rangea set at 1 on my phone

And this is 2 rangea

Isit still 2 for a phone?

Cuz 1 looked pretty decent enuff

[hidden moss]

Do you have autopilot on? or using the optibot? ( I have found that under 1hr, the optibot settings are much better)

[wispy lichen]

Auto ywa

Yeah

[hidden moss]

oh, I guess that doesn't matter for ranges.

Perhaps it depends on your TF. I am 5 and 15, perhaps Ranges 1 is a better setting for 30 min

[wispy lichen]

I used 2 on my pc and it looks nornal but on my phone 2 looks bit spaced out

[hidden moss]

yeah, looks like a phone issue. (personally I'd never trade on my phone)

[wispy lichen]

So i use 1 for phone i thought about pixels aspect ratio difference when the guy made the indicator for a pc

[hidden moss]

could be, sounds plausible

[wispy lichen]

Maybe who knows ey well i seem to ve winnin woohoo haha its a dollar i traded but high win rates thats all i care about on 30 min time frames its ages your money is staying in market though dont like that

[balmy adder]

[wispy lichen]

I woke up this mornin aw shit i didnt closeny trade i was lucky i made profit haha

[wispy sable]

What’s the program you use for that info? In the screenshot?

[hidden moss]

Bybit Pro. I just don't want to shill anything, since I have been here all of five minutes 😬

[wispy sable]

Understood

I have been hearing a lot about bybit latetly

I use KuCoin, tried bb the other day but didn’t like the interface

Might have to look at it again

[hidden moss]

I have tried Binance (OFG shudder never again, Kucoin, meh, terrible interface) Bybit used to pay you for limit orders, you earned the fee, they just recently changed that. Used to be able to make money just opening and closing trades. The fees now are still better than anything else I have seen. (0.01% for limit, 0.06% for market at the lowest level)
But, US isn't allowed on, you have to VPN.

[wispy lichen]

Yeah i heard by bit has lowest fees

[hidden moss]

Bybit Pro is a program that uses Bybits api to do the things. The web interface of bybit is meh.

thats the default

[wispy lichen]

I use kucoin i know my way aroubd quite well

[hidden moss]

Looks like Kucion has changed since I tried it a couple years ago, but now that I have BBpro, I can't change, I am too attached to the features

[wispy lichen]

I tried to buy some usdt on bybit other day said my bank no good but kucoin accepts it

[hidden moss]

I buy from an on ramp, not direct from Bybit. I am a Canadian living in Peru, so I buy from bitbuy.ca and just send to my Bybit account

[wispy lichen]

Hmm ok ill look again

[hidden moss]

Bitbuy.ca is great, I can email money to them for zero fees. You have to do the KYC bull*** though

[wispy sable]

Oh right

Yeah I use FTX for my transfers.. free also@but can’t move it for 12 days bud can trade it in FTX

Unusually just buy something and let it ride for a while haha

[hidden moss]

Ah, yeah I have been hearing about FTX, i think you can trade right from trading view. I hear about that delay withdrawing all the time though

Another one, this would have been a killer, since the stop is pretty close. It would have just closed the first TP (3 for this one, so 50% out, and the stop moved to Break even) I am getting really excited for Lux
Clarification: My strat says get in on the macd cross up, since there is support for a stop, and it's in a strong uptrend)

[wispy sable]

Yeah… I mean it’s not a real problem, especially if you wanted to put it in to trade immediately, you ca. trade

[wispy sable]

Do you already have strategies you use to trade? And using Lux to help find the signals more accurately.

?

[hidden moss]

I am spending time working one out before I trade off it, forward testing only right now

Right now I am using trend catcher with confirmations, and S/R ranges at 2, with macd for entries on pullbacks, on 5 and 15 minute

[wispy sable]

I have to go through the videos., only joined 2 days ago so not sure what all the indicators do yet

I have been usually trading divergence, and starting to look at swing trading

[hidden moss]

What I have found, is that Lux can shift to match your personality. Your personality determines your trade style.

I tried the contrarian signals for a bit, but it wasn't working out too well for me

[wispy sable]

I see

[cinder quest]

bybit pro?

[hidden moss]

Yes, I can't trade without it now

[onyx cape]

Birbicator?

[onyx cape]

What's your strategy on this indicator set up bro @hidden moss

[hidden moss]

Some word's on the auto-trade post's. Hope you all understand the concepts of frictional slip and it's relation to whatever mathematical function you let detarmine your triggers. I have used binance api webhooked with tradingview.to for a long time and it works perfectly after 1000 trades of trial and error, even more so if you by principles of friction (once per candle closed) use timeframes longer than 30 min minutes. If you also release the "paper trading" on TV you have a complete trading strategy/documentation functionality, alarms is puched in realtime anyway. You will always have a time of flight derivative in alarm signatures. How to minimize them is key knowledge. In my case, 1000 real trades of trial and error.

[hidden moss]

Confirmations+exits, Crossing trend catcher, RSI for invalidation, macd crosses for rentry/late entries. S/R ranges set at 2 for entries, TP and SL

it's pretty much Gecko Trading's strategy, with MACD and RSI added in to filter bad entries.

[upper widget]

just to add a bit more info to it, this is a source of research and understanding about volatility and slippage for those interested in digging deeper into the topic:
https://www.amazon.co.uk/dp/0750655151/

[ripe linden]

How can I connect my broker to TradingView on mobile?

[dusky harness]

Anybody here who prefers Breakout Zones than Liquid Pivots in Lux SR? Or am I the only one?

[long wolf]

[hidden moss]

what are the best forex pairs for lux algo and which settings are reccomended for forex 5m timeframe trading

[north barn]

what is best book for trading??

[astral kelp]

a macbook

[wintry hawk]

[grim arch]

Do you mind expanding this method a bit more? With how you’re using Macd? Waiting for to cross before entry?

[amber stream]

hello c

việt đúng k ?

[hidden moss]

Do any of the indicators use market internals? Like $ADD or $tick

[analog onyx]

Internals are not used. It could be interesting to process them in the future 🙂

[frigid kelp]

I was messing around with some settings and I turned on the SL/TP. My take profits are on the bottom of the chart and the stop loss is at the top. That feels like it should be the opposite. Did I click something to do this?

[finite lagoon]

Anyone help me how to setup ?im new

[eager zealot]

#🧠core-lessons and #📈must-watch

[balmy lake]

do yall recommend using autopilot for Lux Algo Premium ? or do you suggest manually adjusting sensitivity ?

not sure what to change confirmation agility either..

[next nymph]

Hi guy i have a question... With the lux algo premium indicator may i connect the brokers to makes working the bot direclty? Or i must to text and program the bot do to this?

Thanks for helpz

[cosmic bloom]

Why cant I use lux command or am I typing wrong command

[empty solar]

Click on the suggestions for inputs as they appear 👍

[empty solar]

Ideally you'd want optibot

[cosmic bloom]

I doesnt work , I tried other commands but not working I keep getting errors .Please help I tried to type the command with suggested input but not working

[empty solar]

Works for me 😲

Try BTCUSD

[boreal brook]

does anyone have an idea why my price line in Trading View always shows the opening price of the current candle and not the current price ?

[light vortex]

Got a screenshot?

and have you looked at Settings-Symbol?

[boreal brook]

I also checked some settings... last value of symbol is checked 😄

I just restarted chrome... that fixed it .... 🧐

[light vortex]

nice

[wispy sable]

morning all

[opal phoenix]

Morning

[cinder quest]

This is bybit pro. I used it in the past, the ladder orders

[cinder quest]

bhaji ki hal chal?

[hidden moss]

yes. It is absolutely invaluable for me

[cinder quest]

i am not using it anymore

webhooks are pretty good, if you need to use the ladder orders

i was only using it for ladder orders

[coarse lance]

Just bought premium... wow! 🙂

[empty solar]

Welcome 😄

[coarse lance]

@empty solar Thank you! 🙂

[cinder quest]

@empty solar - pasted link of trading view is wrong?

or i am tripping in late night

[cinder quest]

congrats, love your dp

so enlightning

[thin trail]

fixed thanks for pointing that out sir 😉

[coarse lance]

@cinder quest Many thanks, always trying to be a little brighter 😉

[nocturne wolf]

@thin trail the new indicator just released looks very close to UMACD and Advanced histogram...any major differences?

[cinder quest]

Thank you so much.

[cinder quest]

feeling like a good positive vibe from your dp.

[balmy lake]

Kiddaa

[balmy lake]

alright thank you. I took a look at that. One question I have is are you guys planning on integrating optibot settings within the dashboard? The Optibot recommended settings are way different than what is suggested under "optimal sensitivity". How come the values are so far off?

[cinder quest]

kaim bhaji

tusi daso, kithon ho?

[balmy lake]

Doing alright brother, just trying to set LuxAlgo up...sorry my Hindi/Punjabi is rusty.

[cinder quest]

rusty, why? where are you from?

[balmy lake]

USA

[cinder quest]

ahh

koi chakar ni

[native hound]

what is a good trend strength %

[balmy lake]

Would be nice if optibot settings were integrated into autopilot .

[next nymph]

@empty solar can i text u in pvt?

[empty solar]

Absolutely 👍

[wanton harbor]

Hello

[balmy lake]

👋

[wanton harbor]

Hi

[cedar garden]

What time frame would be considered most useful and is there any setting changes that would be recommended

I’ve found it works great on the 5 min and 15

I day trade tho what would be recommended for a 1 min or would 1 min be too small of a time frame for the indicator

[stark fox]

how do i get the algo to work on trading view

[balmy lake]

search indicators and you will find them. make sure you open your email after purchasing it from their site and enter your username

[thin trail]

!guide

[hidden moss]

How to setup the indicators on TradingView: https://docs.luxalgo.com/getting-started/setup-tradingview

TradingView.com --> Chart --> Indicators --> Invite-only scripts

[urban turret]

[cursive stream]

Is there a way to create an alert that only alerts if conditions of 3 different indicators are met?

like say, trendcatcher green, above 50 rsi and buy signal?

[empty solar]

Using filtered alerts you can combine signals with trend catcher. Not RSI however we plan to allow for this

[timber hinge]

wounder have you make short video how to used about bbbo @empty solar

[empty solar]

Currently not but we are always making new content so it will be covered soon

[timber hinge]

thanks

[fathom crater]

Can anyone guide me how to use the EQ lead and EQ lag?

[keen sorrel]

Odd question for my USA users here. Which exchange do you prefer, bybit or phemex? Which country do you use for your VPN?

Gonna dip my toe in derivatives and all this stuff about VPNs is a head spin. I’ve been trading for years, but I’ve never ventured off into futures and stuff.

[ember dust]

Hi guys, i am setting up some bots on lower timeframes and wonder if the "autopilot signal settings" are also saved in the alert?

so question: If i make an alert now. Will it use 12 as setting, or will it change each time dynamically

[light vortex]

Alerts are based on the setting at that moment (so not dynamic i believe). after you setup an alert and you hover your mouse on it you see the settings

[cursive stream]

There's so many strategies on the YouTube channel. It's overwhelming. Can you suggest the best one with the highest win rate?

[amber stream]

no, everyone is different

why not test all of them and see which one would fit u most

[empty solar]

For what exactly? Alerts?

[upper widget]

Dynamically change, mate

Hence the name, autopilot

Morning everyone

Ready to long at 12:30GMT? 😀

[light vortex]

Is that your hope or do you have information backing that?

[upper widget]

Personal research

Forgot to say: NFA

[light vortex]

haha

[upper widget]

however, further reading below:
https://www.bls.gov/schedule/news_release/cpi.htm

[hidden moss]

Here's my advice, garnered after months and months of experience ;)
Your personality dictates how you trade.
Learning to trade is learning about yourself.
What I like so far about lux is that it seems you can tailor it to match your style.
Try looking at the chart, make your own guesses, then look at lux and see what signs there were that you were right or wrong.
Then go through the you tube videos, and look for a strategy that talks about the things you noticed. I am sure you can find a strategy

[fathom crater]

No I meant like for trading. I know that we take trades above and below the cloud. But what is the lead and lag and how can we use that to help in our trades thanks for responding.

[empty solar]

The lead is just the faster plot making the upper plot in an uptrend and lower plot in a downtrend 🙂

[upper widget]

was it good enough, mate? my information I mean 🙂

[light vortex]

I wans't really busy with that.. i had 2 orders in Gold. Sell and buy... it first dipped right into my TP on the sell... then skyrocketed passed my TP op buy haha. good day until now

[frigid kelp]

what makes the tp/sl switch? in the one the take profits is on the bottom and the stop loss is at the top but changing the time period flips them

[hidden moss]

the trend - it won't show you a long if the trend is down

[frigid kelp]

oh ok

[frank kettle]

any LUX indicator for finding price action areas?

[fathom crater]

Thank you.

[fiery basin]

If I change it, do I have to do the alert again?

[empty solar]

Breakout zones 🙂

[empty solar]

Indeed you would 🙂

[fiery basin]

THANK YOU

[fringe bough]

dafuq is going on in this discord xD

i am lost

support just changed

no more lifetime lobby

help

a nvm found the lifetime lobby

i am just blind

[thin trail]

we are probably one of the only 100 servers in the world w/ the forum feature rn haha

it’s in beta

[fringe bough]

yeah haha, never saw that before

[cedar garden]

I’m questioning why The fuck I’d ever pay for something like this

I’ve had since Monday and finished everyday red

Tells you to short and the bottom and go long at tops

[empty solar]

Well; 1) what timeframe are you using

2. what strategy are you using

If you're using a strategy to buy the top and sell the bottom I'd suggest changing your strat 😳

[cedar garden]

1 and 5

[empty solar]

https://discord.com/channels/641770286638694402/997901091389841408

Oh my

No wonder you're finishing in the red

You're trading impossible timeframes

[cedar garden]

Not even

[empty solar]

Frictional costs and overtrading will destroy you

[cedar garden]

I use the 15, 1hr, 2 hr and daily

[empty solar]

You should not be touching anything below the 15 👍

[cedar garden]

I place trades on the 1-5 to execute in the best place

[empty solar]

Ok; so what's your strat?

[cedar garden]

I play trends and support and resistance areas

[empty solar]

Ok; so which features are you using? How are you entering?

On SR?

When you say it tells you to long the top and short the bottom which feature are you referring to/ which combo

[cedar garden]

Premium and reversal cloud that it.

[empty solar]

Reversal zones?

And which features in premium?

[cedar garden]

Yes the reversals zones and buy and sell indicator

[empty solar]

If you're an SR trader why not use Lux Algo SR and Patterns?

And then for trends use trend catcher and neo cloud

And mix in some Lux Oscillators for some momentum checks

[cedar garden]

Bec those are all extremely laggy I’ve tested most of them and I use the rsi too*

[empty solar]

Laggy? 😳

[cedar garden]

But whatever is there any recommended settings or sensitivity # on higher timeframe

Trend catcher yes

[empty solar]

The SR modes wont lag
The majority of oscillators provided are actually predictive

All trend based indicators lag 👍

Maybe you'd want contrarian signals?

[cedar garden]

No I understand what your saying nor am I as mad anymore I just took a hit and was heated

[empty solar]

It's all good I understand 👍

[cedar garden]

But I def do see the high timeframe difference

[empty solar]

I just wanna help 👍

Yeah HTF is normally cleaner

[cedar garden]

Any other recommendations?

[midnight nacelle]

RLCUSDT just did 52% on 40 minutes

[empty solar]

Hmmm those are the best I have @cedar garden 🤝

[umbral robin]

I'm new

Where see cal