💬hangout

[old crow]

Yes, the higher the TF you scalp, the less noise, BUT you must bear and stomach all the retracements with bigger SL's, thats why I dont use SL's

[old crow]

🤔

[karmic orchid]

Anyone big on trading XAUUSD in here?

[normal mountain]

Hey @old crow trying to load your chart, unfortunately it ain't opening. Could you reshare pls. Thaks

[old crow]

try it now

[old crow]

Lots of members trade the gold in the FX room. a little quiet since the markets are dead now...

[placid bough]

Yeah this is what i was having trouble with. Like do i prioritise a risk management strategy or risk getting liquidated

[old crow]

Thats the key, finding a happy balance that you are willing to accept.....

[static agate]

hello, I am new here. Can someone tell me where I can find tutorial for swings?

And l am looking forward to trading and sharing ideas with you guys 🙂

[placid bough]

Appreciate the response. Been following along with your tips regarding the filters and etc.

[normal mountain]

still didn't work 😦

[old crow]

because I didnt leave it open since you asked 3 hrs ago. Ill turn it on now

Pease let me know when your done

[old crow]

Swing as in swing trading?

[normal mountain]

Thanks mate.. all done. appreciate it.

[old crow]

Hope it helps

[ionic estuary]

So whats that circle thingy..

[static agate]

yes i trade Daily and 4H

[hidden moss]

@muted silo add me

[glad stirrup]

Hi everyone!

Is there any way to work on m15 charts looking at order blocks or points of interest in H4?.

I have seen that other indicators allow for layered visualisation in different timeframes, but I'm not sure how to do it here.

[vast lark]

@glad stirrup

[glad stirrup]

Omg... it was right under my nose and I didn't see it 😅

Thank you so much!

[raw phoenix]

can anyone tell me what this red box around the wyck is?

[placid bough]

Liquidity grabs @raw phoenix

[raw phoenix]

wdym?

[placid bough]

You’ve got liqudity grabs on

[main summit]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/liquidity#liquidity-grabs 🙂

[raw phoenix]

okay, thank you can i ask why would there be a bearish liquidity grab here?

[old crow]

https://www.tradingview.com/script/JzrxU03D-Circular-Barplot-Oscillators-Sentiment-LuxAlgo/

[ionic estuary]

Thanks 🤘

[raw phoenix]

lets say i have a new strategy i want to test, how would i be able to backtest it against data?

and would i have to write codes and scripts to achieve this?

also this may sound like a stupid question, but if people in here can consistently make successfully trades producing a profit, why do they not start a hedge fund or a business?

[old crow]

I visually backtest. No coding needed. Just doing my homework and putting in the time. Part of the process. No short cuts

[old crow]

The successful traders are in business, they work for themselves with trading on the side or full time.

[raw phoenix]

okay, are you part of a business?

[raw phoenix]

do you mean just going back on the charts and checking whether it works?

[jolly comet]

can you please enable the chart on tradingview ? thanks

[old crow]

Yes

[old crow]

I trade for myself

[old crow]

I HIGHLY suggest you read, learn, demo for days, weeks, months before trading live....

Start from "A" then to "Z"

[old crow]

All I did was add PAC, thats it, just turned off and on the features I wanted.

[jolly comet]

thanks

[raw phoenix]

okay thanks, i have a question, look at this chart for example, when price hit the 56% OB and starts retracing towards the 1.11% OB, how can one tell if price will continue to drop (through the 1.11% OB) or bounce off the OB and continue the upwards trend? @old crow

[old crow]

OK, first thing, you have HA bars with PAC. IF it was me, I would use regular candlesticks with PAC to give me accurate PAC levels etc....

Candlestick price action patterns is powerful with PAC and levels

Just a suggestion....

[night gull]

Thats a busy chart

Does gold react to those levels well?

The best product i trade the reacts to levels the best, imho, is the Russell

[little flint]

there is more sellers in that OB than buyers, also we had news at 1330 so the price broke below and tapped the other OB.

if there's news, XAU will likely ignore the small OB's

[raw phoenix]

what do you mean by that?

[raw phoenix]

can you elaborate please?

[old crow]

Google "candlestick patterns"

Go through the #🧠core-lessons more than 1 time

[old crow]

Take this advise to heart. You are trying to drive a race car in Formula1 race car in a Formula1 race event, but you haven't learned to drive yet...Read and learn how to drive first.....

[raw phoenix]

okay.

thank you 🙏

[old crow]

if you start to learn the basics, like what is a broker and a broker account, and how they differ from one another, then study and learn why stocks are given out by a company through an open market exchange, etc etc...you have to start from the beginning, to understand

[little flint]

everyday is a school day

[old crow]

Learn what are stocks, and how to purchase a share, and learn what makes the stock price go up or down throughout the year......

[raw phoenix]

i know all this already

[old crow]

Currencies is a whole different animal, but will have similar characteristics

[raw phoenix]

okay thanks i will go do my research!

[old crow]

In your brokerage website, I am sure they have a learning section from A to Z on forex....

Oanda and Forex/com has these sections.....

[hidden moss]

If you have a luxalgo, you still have to set it up properly or look closely

[raw phoenix]

xd

[little flint]

baby steps

[old crow]

YES, go through these courses they have....

Then once you have that down, then Lux #🧠core-lessons

[raw phoenix]

@old crow can you accept my friend request?!

[old crow]

Sure, but you can ask me anything trading related here though 🤷🏻‍♂️ 🍇

[raw phoenix]

yes, i know thank you

[hot valley]

Where can I see a deeper level of instructional video, the basic introductory document has been watched

[old crow]

https://docs.luxalgo.com/

#🧠core-lessons

https://www.youtube.com/@LuxAlgo/videos

All you Nifty traders, how to I join in on this action? 😹 Always trends nicely I see

[raw phoenix]

why can i not access the pinescript code for the luxalgo indicators?

[main summit]

They're not open source

Our free indicators are 🤝

[buoyant ice]

Please share u r chart settings with us.

[old crow]

HAHAHAHA, your joking right? hahahaha

didnt I send this to you a few times past few days

I know your playing with me, right?

[buoyant ice]

Means if u share trading view link with us.. we will copy & save

Like this one

[old crow]

ok, you ready?

https://www.tradingview.com/chart/42dKqFcS/

[buoyant ice]

Thanks you so much .. 🙏😊🙏 .. when you buy ? When you sales? Because chart don't have buy sell

[honest anvil]

I don't think it's going to work in the cryptocurrency market.

[old crow]

Try to test out a few Filter settings to see which fits you. This one has the Trend filter with Smart Trail

[old crow]

You can adjust settings and features that match with the ebb & flow of any asset, just takes time to find that sweet spot. Here is BTC on my template and I didnt change any settings, looks good to me, so I can only imagine if I tweak the settings to the crypto ebb and flow structure.....

Add the Neo and Tracer, and now you have a good idea of BTC intra day trends

[honest anvil]

Why not on my side?

average k-line？

[old crow]

You just have to play around with the features and settings, timeframes, candle types etc....alot that goes in to create a nice templet strat....

[stiff folio]

this is all super helpful, thanks! what's that bottom indicator (sorry if you've already answered that)?

[stiff folio]

and that white/purple line on this chart?

[old crow]

from Legacy Oscillators, Normalized

[old crow]

That is my Trend Tracer, I just changed the visual from the "+" steps to "line" to help me see the transitions from bar to bar, better

[stiff folio]

awesome thanks!

[old crow]

Look how the Trend Tracer on 15m kept you on the right side of EUR/USD

Here is EU on my LuxSignals/Overlays with PAC Patterns, Strong Highs/Lows and Previous Levels only

[stiff folio]

you have an especially good settings/preset for ES?

[old crow]

ES on my template, I didn't change a thing

Looks dang good to me

remember, these are HA candlesticks, these hide alot of noise, so if your trading with this, you need to learn to stomach the ebb/flow of the ES full size or micro's. For me, this works because I just want small scalps.....

[stiff folio]

super helpful, thank you! yeah, i've never used HA candlesticks but very interested. my trading style is very similar to what you're talkin about here.

[old crow]

If I were to get back to ES, I would scalp 8-16 ticks

[stiff folio]

is there documentation on that legacy indicator somewhere as well?

[old crow]

got my Tradestation acct on standby

[stiff folio]

i have a pretty strict 5 point strat, risking 3 to make 5 and OUT. really helps keep me profitable.

[old crow]

maybe the actual TV indicator page could help...

[humble pulsar]

i 2nd tht HA is a great help.

[stiff folio]

rad i'll check that. thanks again!

[prisma briar]

any solution to make the liquidity grabs more clear?

like change into other color or different marks

[stiff folio]

so sorry to keep on about it, but about your settings in that screenshot, are you using one of the filters or just have reversal zones, trend catcher, gradient coloring, and HA candles? any signal sensitivity and/or short/mid-term settings on autopilot sensitivity? thanks again!

[old crow]

and Auto short term

it boils down to Lux candle color on the HA 1H Trend Catcher

It cant get any simple for me, really. Nothing fancy, no fancy terms, just plain simple mindless chart 😁

[candid salmon]

You can change the color. Use the Patterns color in Lux PAC settings

[graceful tapir]

What indicator do you have on the bottom half?

[old crow]

check this 1H, 8 trades, 10 pips each, that 80 pips. I marked the arrows on each of my scalps.

Do the math = Example, these 5 days, with 1 lot, thats $800, 2 lots thats $1600

[prisma briar]

THX. Got it!

[old crow]

sorry, heres a pic with the actual entires

[stiff folio]

amazing, love it. super helpful. and is the normalized indicator also on default settings?

[old crow]

For all the display modes inside the legacy, I use smoothing LUX

caution, the Normalized is for confirmation on direction for me, not for precise areas for entry/exits....

[old crow]

Legacy Oscillator with Normalized

Lux Oscillator Premium, just as good, perfect on these 8 entries

• cant wait for the update though 🤔 *

[raw phoenix]

does anyone here code pinescript? i need help! i have created a custom indicator but dont know how to backtest it

[cursive sand]

Lux - your Nadaraya-Watson Envelop is the best exit indicator you have ever produced. Thank you guys for the amazing work.

[buoyant ice]

Nadaraya-watson ?

[cursive sand]

yep. so so so good. Dial it in on the daily and it's gold.

[hidden moss]

How do you dial it in?

[old crow]

He means add the indicator to your chart

[buoyant ice]

Add same functionality in paid indicators

[buoyant ice]

Any reprint ?

[civic cairn]

Can you please share what it is called in tradingview. The one I saw constantly repaints. Indicator that repaints is no good

[civic cairn]

The one I saw did a lot. However, I can't remember if it was by lux. That Indicator is amazing until i was using it and it kept moving every candle....lol

[buoyant ice]

I will test it tomorrow

[ionic estuary]

Set it up on a daily chart

[ionic estuary]

The Nadaraya repaints, there is an YT about it.

[civic cairn]

@old crow does the Nadaraya Watson lux Indicator reprint

[ionic estuary]

Yes, there is a YT about it from LUX… or Gecko.. ..

[old crow]

https://youtu.be/CU-rp6axXDs

[ionic estuary]

That one 🙂

[civic cairn]

Thanks

[old crow]

This is not meant for exact entries and exits. Example, after using your own entry strategy, you could use this for "potential" exits...

This is the way I view this indicator. This was not meant for visual backtests, but very effective in real time for potential exits…

A lot of folks here concentrate on how and what to look for, in entries. Which is great. But don’t forget about, how and when to exit, which is the MOST difficult concept in trading; in my opinion. Trade management. And this indi could help in that aspect….Exiting too early is better than exiting too late. Think about this please. Again, exiting too early, is better than exiting too late

[static agate]

i saw a reprint

[old crow]

#💬hangout message

[cursive sand]

It does reprint but I don't care because that's not how I use it. It's the area where I know a reversal is coming or the asset is going to go sideways to open up space to keep going with the trend. As an example, It made me short Tesla November of last year at around $380-400. It took me out first week of March. It made me short it again on 3/31 and just took me out at $165. It's running sideways. Now I'll wait for it to hit the top band and BOOM short it again.

I'm up 225% this year doing the same strategy over and over and over again. I haven't lost 1 trade yet. My bank called me last week from their "investment division" where I have my stock account asking me if I would like to sit down with them to look at some of their products. I said, if you can't do 150% you are wasting my time.

[little flint]

the bank called me as well offering me 1 or 2% a year, i told them to bolt i can do 1-2% a day if i'm patient

must have been a year ago or so

usually people that call you they have little financial knowledge, they just read from a script they're given. he asked me if i gamble and i said yeah i gamble with high probabilities, i gamble financial instruments

[civic cairn]

Ohhhh, I see, that make since

[worthy pelican]

what is this strategy?

[old crow]

Outstanding

[cursive sand]

Actually, if you use the weekly to get it dialed in it will work better with your daily signals. For long term plays.

For BTC I use it on the Daily and the 1H to scalp quick pumps. Scalping is more volatile and the reprint is more aggressive. I am up more than down but I would suggest using this indicator to spot good entries and exits for your favorite stocks.

[old crow]

Simple scalps going with the 1hour trend, with HA candles, Lux colors, Trend Catcher. Enter on 15minute chart in same direction, and manage on the same 15minute chart

[old crow]

Be careful, your going to start a new awesome strategy. Are you ready to take the lead on this? 😁

[humble pulsar]

It cant get simplier & stronger strategy then this. It works seamlessly for me you can tweak it to tune as you desire.

[hot valley]

I find that the existing content basically tells what the basic definition of each indicator is and how to set it up, but I hardly see any content that teaches how to use it in a real situation with examples, which brings me a lot of confusion

Because I'm a newbie

[old crow]

These are tool sets for us to pick and chose certain features/settings to create an effective strategy for ourselves. Lux does have sample strategies that you can mix/match to help with ideas on creating a strategy for yourself. Have you look at the YouTube channel for their long and short videos?https://www.youtube.com/@LuxAlgo/videos

and #🧠core-lessons

Welcome, you've been here for 1 day, and I assume it's overwhelming, I get it, but take it one step at a time...read and watch all you can...there are a handful of members who have also shared their strategies as well....browse and ask around....

[worthy pelican]

What does the EQ cloud correspond to in the current indicator?

[bold stream]

Using the new order blocks,

One feature that was on smart money concepts was the blue/red color of the order blocks.

The new order blocks will show more red volume which should be a red order block right? but it’s a blue order block. It happens all the time…

Is there a setting or a way of knowing?

Right now I add the old one overlapping, then turn off/on to see the order block color to help determine if it will bounce.

https://tenor.com/view/huh-gif-23918002

[old crow]

the OB on the PAC has user settings for colors of your choice, default is set to greyish. the green and red bars inside the OB's are the volume/metrics of that OB, 2 separate features

"internal buy/sell activity"

all can be changed to any color of your choice

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks

[old crow]

Hows everyones testing on the LuxAlgo Nadaraya-Watson Envelope❓

For the Nifty fans, all shorts for you today....

[buoyant ice]

Please share trading view chart link . Plz 🙏

[old crow]

Didnt you copy it yesterday 😹 and the other day?

[buoyant ice]

I did but every time 😁 indicator stop working

[old crow]

That is odd

here it is again

https://www.tradingview.com/chart/YAMnTVLv/

[old crow]

When you rename it and save it as a template, you can open this same template everyday. Just remember the template name and when you open a template, you will scroll to the name of your template to load your chart...

[buoyant ice]

Thanks 🙏

[old crow]

You dont click the above link everyday, as I dont have that turned on for public everyday. You have to copy and save it as your own template

[night lion]

Could you please show All the settings under inputs Tab.
Thanks!

Re in PAC

[old crow]

really simple

[old crow]

Just copy the template above and you will get all the settings

and here is my PAC, really nothing

https://www.tradingview.com/chart/7tgqbH6n/

[night lion]

Sorry, I can’t figure out how to view all the settings on the PAC… could you just take a couple of pictures so it shows all of that input page

Please

[old crow]

Just copy the template from the link above, save it as your template and you will get all of the settings on your chart

click the link I posted for PAC, then upper right corner, click copy, then save it

then the indicator titles will open up the settings for you

https://youtu.be/s4BgPFi5DQM

here is TV video tutorial. Go to 14:40 and it will show you how to copy and save

[night lion]

Is your strategy good for scalping US30 on 1 minute chart?

[old crow]

1m? Im not so sure if 1m can be consistently good for any asset to be honest, but here it is on my 1H and 15M, which looks awesome to me

[vocal junco]

Can someone help create an alert for Smart Trail Indicator?

[main summit]

Sure, what for?

[vocal junco]

I'd like to create and send an alert when Smart Trail Indicator changes the pattern from Up-trend (blue) to Down-trend (red).

[main summit]

So when the ST changes colour?

[vocal junco]

Correct.

[vocal junco]

Thank you so much!!!

[buoyant ice]

It's showing short but pricing is not miloving in any direction? Any suggestions?

[old crow]

It’s Friday and midday NY. Price does what it wants. But so far the chart looks good 👍

[tough tundra]

I'm new to all of this and Lux Algo comes with a lot of new/modified indicators. Is there someone I can jump on a call with to have them walk me through what I should be using and how I should be using it?

[robust storm]

Hi how many times it's taken to approve premium indicators access

[tough tundra]

Mine with through the first time

did you go through the email?

[worthy pelican]

Hi why lux signal not have EQ cloud?

[old crow]

Moved to Legacy Overlays

[old crow]

#🧠core-lessons #📈must-watch and https://docs.luxalgo.com/trading-best-practices/profile

https://docs.luxalgo.com/trading-best-practices/profile

[hidden moss]

is anyone able to help on my phone it says that the script is invite only but on my pc it works just fine same with the same exact account on trading view

[old crow]

Refresh and reload TV mobile

[raw phoenix]

do most people automate their trades here?

[old crow]

not me

🙅‍♂️

[hidden moss]

not me either

[dusky harness]

https://youtu.be/ujdldzmOzoc

⬆️ WISDOM FOR ALL

[drifting tide]

Am I the only one getting the "can't open chart layout error" clicking on Micky's link above?

[hidden moss]

reply to the link, ill try

[drifting tide]

This one

[hidden moss]

Micky has to enable layout sharing or publish the idea.

[old crow]

I turned it back on, try it now

[hidden moss]

works now

[drifting tide]

Thank you!!

[tulip forge]

shit coin meme became so popular nowadays, is there any chance the team could do some scanning bots etc XD

like garden alpha their pass went from 0.2eth to 1eth now

[raw phoenix]

most 'shitcoins' are money laundering / ponzi schemes

[old crow]

TV has crypto screeners

[proud zinc]

unable to open this

[raw phoenix]

can i ask why not?

[old crow]

I trade manual. Only way for me to learn the ebb and flow of an asset. If I do bots, I would still have to monitor it, so no point in that. For me, there’s a human element that is missing from bots, certain news release I trade into and some I stay away. Certain times when impactful people speak, I trade into and some I stay away, ie presidents, rulers etc. no way a bot can decide this for me.

There’s no short cuts, learn how to trade effectively on your own, then you can experiment with bots. If you don’t want to learn or trade on your own, then no way you will succeed in bots. Just an opinion. I could be wrong

[tough tundra]

what Oscillator option do you guys use? I can't decide between ULT MACD or ULT RSI.

[robust storm]

Hi

Anyone can guide me how i can set alerts in Luxalgo premium indicators

[tough tundra]

website

[tough tundra]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts

[robust storm]

I have to check ✔️ but it's not show LUXALGO on Alerts option remember i have version 6.1 Luxalgo premium indicators

[past bobcat]

Hi everyone, I've been watching the advanced oscillator for a while now, and I can see huge potential from institutional activity (the orange bars).
But how can I predict price direction after the institutional activity?
Any ideas ?

[hidden moss]

You can plan your trading with the help of chart reading, don’t predict

[past bobcat]

Thanks for the reply, you mean I plan my trading and use the IA as confluence?

[hidden moss]

Yes sir, analysis your chart, and you this indicator for confluence

[carmine edge]

Hey @old crow Could please share the link of template as I am not able to open the URL and new to LUX indicator>?

[old crow]

Happy weekend 🤩

[old crow]

You can try now

[old crow]

I love heikin ashi candlesticks for scalps, so fight me [ .....joking ]

[night gull]

Im going to check out these candles today. Does Lux have them or which do you use?

[spare ivy]

Email to go out of this group? Thanks!

[old crow]

It's a bar type that most platforms have. In your TV charts.

https://www.tradingview.com/support/solutions/43000619436-heikin-ashi/

[static agate]

What does it mean when the red is over both green and red?

[old crow]

you have a premium level (red) overlapping an OB

[static agate]

so that means once that level it's hit then it's short?

[old crow]

Price does what it wants, but for this scenario, it did work out as price pulled back to that level and went bearish. What you could do is to see what a higher TF looked like to confirm the short....Im not a PAC expert, and others may jump in here to comment as well....

[static agate]

ok thank you for the insight and any tips from others is welcome and appreciated in advance

[whole valley]

Pics above. I apply Price Action Premium indicator on my chart 2x ( twice). I scalp on 5 minute timeframe but being able to see 4hr market structure with Price Action indicator on 5 min timeframe is awesome. Thank you to the entire LuxAlgo team.

Hope pics above help

I don’t normally swing trade but AAPL price hanging around those 4hr LuxAlgo Price Action Concepts Indicator levels I held on with confidence.

My suggestion is to apply the premium price action concepts indicator twice on your chart. Switch one of them to 4hr and leave the other on default ( same as chart ).

[celest maple]

any videos on the anvanced oscillator and how to use? Anyone having success with it as part of their strategy?

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator-premium/advanced

[celest maple]

the video is unavailable

[humble pulsar]

Yea it’s just a Beauty. Give you a lot of info to make a call..

[celest maple]

awesome thanks!

[old crow]

We will have to wait if there will be any updated vids, but as of now, the detailed docs is what we have....

[celest maple]

ok

I did find this one on youtube is anyone is interested https://www.youtube.com/watch?v=UwZCwmI3bRc

[night gull]

Wicks are required for scalps , right?unless no stop until change of trend exit type of deal

[old crow]

If just a bare chart with HA bars, then the HA candle patterns are very important. This is from babypips

But coupled with LUX candle trend colors, then

Not as many HA candlestick patterns to learn versus traditional candlestick patterns, but not as accurate for entries and exits, gets in late and gets out late compared to regular candlesticks, so this is the only caution I have

[night gull]

From my research im turning the wicks ON. I do like them.

But yes i see what you are talking about now

[old crow]

OH for sure, you need to turn the wicks on....if you dont want wicks, maybe renko bars? thats another rabbit hole....

[night gull]

Been there done that, have the tshirt

[muted silo]

I still need to learn better how to distinguish different candlestick patterns 💭

[brazen olive]

Hey someone from support ? How can I add tends like descending wedge?

[worthy pelican]

Hi Please let me know smart trail's alert setting method. I can not found only it.

[gloomy grove]

how do i get access to premium backtesting?

[old crow]

Patterns feature is in the Lux Algo Price Action Concepts indicator

[old crow]

Unfortunately the bata backtester was only available to LifeTime subscribers last year.

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts

[worthy pelican]

thank you!

[calm abyss]

do you have any indicator highlighting the super/upthrust candle possibility?

[old crow]

Maybe the liquidity grabs from the PAC

[junior linden]

test

hello everybody someone know how i can catch fake buy and sell signals?

[old crow]

Happy Sunday to everyone

[hidden moss]

Thank you, and you as well Micky.

[little flint]

is it monday yet?

[eager beacon]

By learning market structure and price action

[old crow]

almost 🤏

[storm vortex]

Hello ALL!

Just bought the app today! Is any one able to elaborate on what the percentages mean please?

[main summit]

Hi 🙂
You can read about OB metrics here: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks#metrics

[vernal jolt]

nice

this is using scalping

max trades over many pairs

[clear gazelle]

scalping exotic pair? I don't think it's a good idea😅

[vernal jolt]

Its not a total scalp

you need to focus on fast closing

for example SP500

Unless can you tell me if i am TP at 22 pips will i get harmed?

also note my time frame

its not on 5 mins... its when I see the shape is correct.

there is a shape to trading

same shape different pair

this is BTC... I dont know how to trade this ... its the shape

the time frame does not matter

its the time frame and entry point taking just 22 and letting the rest close at trailing stop loss....

[storm vortex]

Thank you Sir!

[chilly oyster]

What exactly are you looking for to enter a trade?

[storm vortex]

Hello All! Just to double check... the buy and sell signals should populate live on a chart right? I have the option for TREND trader selected....

[hollow anchor]

since bybit has mandatory KYC tomorrow what is best alternative to it for usa. Wanting leverage and futures. LOve binance cant use it, now bybit. kucoin? mexc? any others?

[pure quarry]

What is the problem of this KYC that you want to leave Bybit?

[main summit]

Yep, you can reset to defaults and try again if they’re not showing

[old crow]

What’s shaking here❓😝

[old crow]

https://tenor.com/view/crickets-chirp-chirp-gif-5280278

Dead action so far for the dollar

[old crow]

Nifty traders, your charts looking good again.....

Why am I not trading this❔ 🤔

[vocal junco]

The alert was not sent today on USDCAD 15m today at 10:15. Can you please let me know what am I doing wrong here? The notification section does have "Send email" and "Show Popup" checked

[main summit]

Could you share where the alert should have triggered?

[vocal junco]

Received it now.

I expected it to receive 15m earlier.

[main summit]

Alerts will alert on bar close, as that's the condition you've selected.
If the bar closed at 10:30 for you, this is when you'll get the alert

[vocal junco]

Thanks again for the clarification and instant reply.

[old crow]

Anyone trading oil?

Here's UC, when oil goes up, Canadian dollar follows, CAD back half of the USD/CAD pair

[plucky mesa]

I just bought the Lux subscription and I have access to some indicators but the "LuxAlgo Premium Backtesting System" still says its locked. Does anyone know why?

[old crow]

Beta Backtesting access for lifetime subscribers last year, closed for now.#🔊announcements message

[old crow]

[dense ledge]

Hi, new member here as well and joined because of the Premium Backtesting System, it's a bit frustrating to be honest, so if:

1. There is no lifetime plans available
2. There's no subscription plans for members even on the Yearly plan

How do VIP members backtest strategies?

[old crow]

Welcome everyone 👋

[old crow]

From what I've read. the beta backtester could be released later in the future on a separate plan possibly. Not definitive yet

[dense ledge]

So for now the only way is manual backtesting for VIP members not on the lifetime plan? @old crow

[old crow]

correct

[dense ledge]

wow

[old crow]

USD/CAD was pretty today, dang (I only wish....)

[old crow]

Any levels anyone is watching on Gold for tomorrow?

[humble pulsar]

For me a strong zone be 2003-09 bounce up could send it to 2048-50 & under might see a 1980. I will trade the market react with that range🤷‍♂️

[old crow]

Good to know. My gut says higher from here 🤩

[humble pulsar]

Yes that’s my Call to. Let’s hope it goes our way😁

[old crow]

You trade with PAC? Or some combination?

[humble pulsar]

I go very simple Dow, HA, S&R RSI then confirmation form Lux Algo pack. Check only 1hr take trade on 15mins.

[old crow]

Yeah Simple is good 👍

[humble pulsar]

Exactly. I love S&R & more time on that once I feel how market will react I go further. If I show anyone my charts I bet anyone could understand all those lines but I get all data what I want from it no probs.

[old crow]

Let’s see, always willing to learn how others trade 😎

[bitter steppe]

This is my chart!

[old crow]

I like it. Clean and simple as well.

Whats the white ma? 100? 200ma? Or vwap?

[old vine]

Hello everyone. I just subscribed. If anyone has any suggestions for a profitable scalping strategy, I'd love to hear it.

[bitter steppe]

5 rules to enter the trade.
-oscillator in the same color
-neo cloud same color
-cacher same color
-strong buy sell siganl

• the price must be out from the neo cloud.
  +1 cacher not straight.
  ETH / 5min TF

[old crow]

[bitter steppe]

200ema for see the pullbacks

[old crow]

Sound strat💪

[old crow]

@bitter steppe just posted a simple strat….there are others as well, browse around, enjoy your stay, get comfy 🤩

[old vine]

Okay thanks 🙂

[bitter steppe]

Stop loss at the previous swing low or high, take profit 1:5

[old crow]

Lux short YouTube videos are great, you can try to take a few and mix/match and create a nice strat as well….

[bitter steppe]

Never risk more than 2% stop loss

Thats it! Enjoy!😉

[old crow]

[old crow]

#🧠core-lessons

#📈must-watch

☝️

Good stuff

[dense breach]

Hi guys, I have a question, how can I convert the indicators to be used as strategies and allow for further backtesting? Since the premium lifetime is closed, what options do I have? I'm a serious fulltime trader and I'm really enjoying the Luxalgo package...

Also another question, how often does Luxalgo signals produce a bullish confirmation let's say on the 30m with the signal disappearing afterwards? I have a feeling I've seen this a few times. Please let me know, would want to optimize further, thanks a mill!

[old crow]

Yes there are 3rd party services that integrate the TV alerts into your brokerage accounts which a handful of members current do…ask around…

[humble pulsar]

Yes man learning shouldn’t stop.

[old crow]

Once a bar closes with a signal, the printed signal does not disappear

[muted cape]

what brokerage do you guys use on TV? currently using tradovate but was wondering if there are better ones.

[dense breach]

Ah so closed bar would be best for webhooks and reducing noise thanks👍

[dense breach]

Any suggestions which ones? I'm currently directly implementing it but if you could namedrop a few I would highly appreciate that

[old crow]

I personally dont autotrade, but I know others do...they could chime in here soon....

[old crow]

depends on your locale and if you want to use regulated or non regulated, fees, spreads etc etc.....I personally use Oanda, TradeStation, BitGet.....

[dense breach]

I'm currently active, crypto only, mainly futures on Bybit, Binance, Pionex, Bitget.. using my own strategies and scripts and now starting integration with Lux via webhook automation

But want more testing and optimized workflow, but need a strategy or deepbacktesy capability for that

[old crow]

I know there a few traders in the crypto room that do auto's

[dense breach]

Would love to pay for lifetime above my monthly fee just for the backtesting module <<< I mean this

Will check the crypto room in the morning, gotta go catch some sleep but thanks @old crow appreciate thus far, will be back in the morning🙏

[gritty kite]

@old crow Hi Micky, any update on when the new premium oscillator update is coming? Thank you

[old crow]

No set date yet…

That’s the word on the street 😝

[finite bear]

Anyone knows what the Neo Lead/Lag is ? Thank you.

[clear gazelle]

it's the component of the neo cloud, it is disabled by default. To see this on your chart, go to indicator settings and go to "style" page. From there, you can set neo lead and lag.

[finite bear]

Thank you, I saw that. What is the function of it on my chart?

[clear gazelle]

it's just visual, it highlights neo cloud borders on which neo cloud might make support or resistance.

[finite bear]

Thank you very much

[trail wigeon]

Is there that optibot still available? For suggested settings/TFs, thanks

[main summit]

Not anymore, optimal sensitivity is used for that now 🤝

[trail wigeon]

Thanks 🙏🏾

[worldly pendant]

Anybody looking at any pairs right now?

[old crow]

No one here 🤣

Ok ok, EU for me

[worldly pendant]

Boy I fell right into that one lol.

[old crow]

u watching some?

[real drum]

Hi,
Just got into LuxAlgo premium with TV Pro and CME realtime data. Trying to come up with a strategy for NQ/MNQ trading.

1. Signals and overlay indicator 6.02
2. 5 min
3. No presets
4. Smart Trail ON
5. Trend Catcher ON
6. Sensitivity: Short term
7. Bullish exit and Bearish exit unchecked in Styles tab.

Tried setting up custom Alerts for both Short and Long with the following:
Long:
Buy signal
Smart trail UP
Trend catcher UP

Bear: Reverse of the above alert

The alerts combinations are not firing at all both on Long and Short. Is this is the correct way of identifying potential longs and shorts entries? Any idea why the alerts aren’t firing at all?

Please advise.

[main summit]

Could you share your alert settings? Make sure you're not changing any settings after setting the alert, as this will invalidate them

[old crow]

Anyone use the TrendLines within the Lux Sessions indicator❓ not bad....

Who's getting ready for the QQQ❔, careful, already made a move to the downside before opening bell 🔔

[short fox]

Good morning could you please share you indicator’s set up?

[old crow]

https://www.tradingview.com/chart/7tgqbH6n/

[quaint relic]

hey guys, can I test this dashboard on historcial data or is it real-time screener only? I am particularly interested in Lux Volatility and Trend Strength indicators.

[old crow]

dashboard should be good to go on replay

ES futures telling todays story, big nothing range

same with the Q's

[real drum]

How do I share my alert settings? Please help

[main summit]

Just the parameters/conditions you used when setting the alert 🙂

[timid marsh]

Hi, How can I export all alerts of Price Action Toolkit for a specific historical timeframe (say last 1 month) in TV? When I export chart data,(see attached) I get some data that doesn't help. Appreciate if you can provide some insights. Thank you. @main summit @thin trail. I am specifically looking for the Alerts (ChoCh and BOS).

[real drum]

Tried setting up custom Alerts for both Short and Long with the following:
Long:
Buy signal
Smart trail UP
Trend catcher UP

Bear: Reverse of the above alert.
Opened up Alerts from within TV and selected custom alerts and set all other setting’s as usual

The alerts combinations are not firing at all both on Long and Short. Is this is the correct way of identifying potential longs and shorts entries? Any idea why the alerts aren’t firing?

[main summit]

You're using the custom alert condition when setting the alert, yes?
Would suggest just remaking, make sure no settings are changed after doing so

[main summit]

Not really sure myself, you could try third parties for this, as well as webhooks to export signals/alerts

[real drum]

Yes. Just updated my previous text above. Never changed anything after I set. Recreated couple of times and still no go

But please help me understand whether the strategy I’m using is correct on the confirmations

[candid salmon]

This may be something that you have already done, aside from setting up the custom alert, you would also need to create an alert using the Create Alert dialog of trading view? see pic below

It is difficult to tell what settings you have, it is just easier to post the chart with your alert settings so it can be determined if there were signals that should have fired or no.

[timid marsh]

Thank you

[old crow]

How did everyone do on Gold? Looks like you had a few good plays with the Lux Stochastic

[candid salmon]

I can see that you have exported chart data - instead of exporting that, export the Alerts log. This of course assumes that you have had the PAC alerts set up over the past month. You would not be able to export alerts data that did not trigger.

[warm blaze]

Hey bro sorry to be a pain but I can't see your layout i get this

[old crow]

Take a look and Gold and Dollar Index correlation. Pay attention to when the different sessions start/end, notice the pattern here.......🤔

Same with EU

[old crow]

I just opened it back up

[warm blaze]

Amazing thanks! Is the middle oscillator you use part of the luxalgo kit? Can't seem to find anything that looks similar. I can see the one is stoch but can't figure out the other one

[old crow]

Yes

Legacy Osc - Normalized

But take a look at this, you can find pull backs to jump in on the trend. (Trend = Stochastic/LuxCandleColor)

Base on these 1H and 15m charts, only safe plays were going long

If the Stoch and MACD says the same thing, thats your permissions to look for an entry....

I love to scalp, so this set-up works for me

Same with EU, the set up works, If you like to scalp in and out

[warm blaze]

Ahhh that's super interesting, thanks so much for the pointers. Really appreciate it!

[old crow]

Hey no problem. It really is simple, if you keep it simple. Gain confidence on demo, and you should be good to go....

[timid marsh]

Thank you for responding.

[dense breach]

I'm running into the issue of (for example) 15min bull confirmation signals firing, and even after bar close they are still there, but during the second bar they disappear as if no bullish confirmation was triggered

Does this also happen with signals that are being delivered at bar closed?

[real drum]

Looks like it is alerting as I’m seeing couple of log entries. But I’m anxious to know whether the signal with the confirmations (Smart Trail UP and Trend Catcher UP) for Long and the opposite for Short is the correct one I’m doing. Can somebody confirm? If need be, I can also switch to PAC for better entries and exits

[candid salmon]

Depends on what you are aiming for. There is no such thing as a perfect signal or strategy. However if you want to know more details you can refer to https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/

Personally I prefer PAC but I also use Signals and Overlays in automation.

[native hound]

automation?

[old crow]

Very odd, so you mean once the 15m bar closes, and the bull signal appears and stays. It then disappears on the next bar while the bar is forming? Very odd. I dont think I ever seen or heard this before.....

[candid salmon]

There have been a couple of reports about it on the server but it could be like the color settings issue which was very difficult to replicate.

I haven't seen any charts or settings though.

[old crow]

Yeah, unless someone records it.....its tough, cause Ive never have seen this, But then again, I turn the signals off 🤣 So I guess im not a good person to say anything on this

[candid salmon]

If you change the settings, then the signals will change as well, so there is also that possibility.

[real drum]

That’s exactly what I’m trying to automate. Are you saying Signsals and Overlays is better than using PAC for automated trading?

[old crow]

Not possible to automate ICT PAC full strategy, I assume

[candid salmon]

There is a lot more plot info I would need before I could automate a strategy based on price action. With my current level of Pinescript knowledge I wouldn’t be able to do that now, even with the open source code available from the indicator Smart Money Concepts. That being said I am sure there is a way to semi automate your entries and exits if you are just using order blocks.

[old crow]

Yea maybe the new breaker block signals can be good to automate

Hmmmmmm

I gotta a project for you….🤔

[candid salmon]

What I really want is Overlays in another higher timeframe. That opens up so many possibilities with PAC!

[old crow]

Agree, this would definitely work, since it works very well with manual

[candid salmon]

1 hour trend catcher plus breaker blocks plus location of price in current swing range (premium/discount) 🤩

[old crow]

But i assume higher TF settings takes up a lot code space? No clue…

[candid salmon]

We can ask @thin trail very nicely for higher TF settings on Signals and Overlays 🙏

[thin trail]

MTF overlays?

[candid salmon]

Yes please 🙏

[thin trail]

I

I'll take this to the team 🙂

[old crow]

https://tenor.com/view/jedi-council-star-wars-council-has-spoken-gif-17632756

[deep trout]

Yeah why is this not a thing yet?

All the lavenders want it @thin trail

[thin trail]

😄

would be very cool

MTF can introduce bugs very easily

[deep trout]

Ill expect it on my desk by tomorrow morn

[thin trail]

so its likely a very complex thing

[deep trout]

What isn’t complex in here

https://tenor.com/view/excuses-files-cabinet-gif-12019483

[thin trail]

its going to be discussed asap

https://tenor.com/view/kdrama-handshake-shaking-hands-gif-26102712

[deep trout]

Sounds good to me

[stable reef]

Can I have 560k I wanna buy a car

I will repay with pictures of my dog

[thin trail]

https://tenor.com/view/model-photoshoot-dog-picture-photogenic-dog-model-gif-13428019

[stable reef]

Here is my payment

Thank you for 560k 👍

[deep trout]

Dog, amazing!!! Lawn….needs some work

[stable reef]

Oh yea for sure

snow just recently melted

weather is getting warmer

[deep trout]

You live out west?

[stable reef]

east

ontario near the middle

[deep trout]

Ah ok

Makes sense

[old crow]

[old crow]

https://tenor.com/view/get-your-ass-back-move-get-back-hold-up-kevin-hart-gif-16706010

[deep trout]

Im here bitch

[old crow]

https://tenor.com/view/nice-gif-24544674

[deep trout]

Go Celtics

[old crow]

Knicks

[deep trout]

Gross

They aren’t doing well

[old crow]

tough for celtics too, we both suck

same for redsocks and yankees

garbage year

[median mauve]

Is anybody else seeing this lol

Market relationships changing recently

[deep trout]

Sox coming back, Tampa on fucking fire

[old crow]

we will just buy Ohtani next year

😹

[deep trout]

Prolly

[old crow]

and we will still suck

i disagreed with opening the checkbook for Judge from day 1

[deep trout]

Look for me behind the plate June 9th

[old crow]

every year he gets hurt, but the year that he was playing for a contract, then he is good and healthy, the first year when he came up to win a spot, and last year when he needed to be healthy for the free agency year. all other years hurt and lazy

im proven right now

LOL

[old crow]

dang!!!!!

LETS EEE THEM CHARTS!!!!!!!!!!!

[deep trout]

June 2nd look for me on top of the monster

[old crow]

Gold making a move

EU wants to follow gold

[deep trout]

Why the middle finger?

[old crow]

Follow the Lux colors, Lux Stoch/MACD, and more often than not, your on the safe side

[azure fox]

which timeframe?

[proper wing]

Such a beauty of Lux Algo.

[digital mason]

can anyone kindly recommend me what indicator to use for support and resistance

[main summit]

A lot of our indicators and features can be used as SRs 🙂
Reversal Zones, Smart Trail, OBs etc.

[untold smelt]

Hello, Will there ever be a backtesting System again?

[prisma plank]

Hello everyone, let's say price is in a discount zone and you get a bearish plus signal. What would you do? I'm talking 1h TF

[candid salmon]

Check higher timeframe and verify if momentum is bearish there too. Better if you could spot for liquidity higher up in premium zone instead and wait for a pullback.

[main summit]

Yep, hopefully later in the year

[sharp elk]

hey guys what is the best setting for long trades ? what do you suggest to use with it ?

[old crow]

Let’s get the big session started

[old crow]

Your own entry rules would be the same for either long or short, just inverse….

Are you a PAC trader or a traditional moving average trend following trader?

These could help: #📈must-watch

[vestal spear]

Hey bro how do you get the perfect setting for this bro

[obtuse horizon]

Rip JPY

[umbral marten]

When the trend catcher flatlines, you can either exit the trade or wait for the move on the either side

[old crow]

No perfect setting:#🧠core-lessons message

[vestal spear]

thanks bro your diamond

[old crow]

https://youtu.be/9Kl-8NtM8_U

[frozen sand]

how to get acces to legacy indicator?

[vestal spear]

Nah i didnt mean the perfect settings just meant what indicators did you have on .

its ok bro ill get there

[old crow]

For me, i use Trend Catcher, color gradient (or simple), auto short term, thats it

Occurs more often than not.....

Dollar index correlation to most pairs

DXY vs GBP/USD

[vestal spear]

cheers bro 🙏

[old crow]

15m EUR/USD PAC, with swing structure turned on, internal structure off, 1H OB's and 1H FVG's

[worldly pendant]

I'm on the run but here are my thoughts. It may go higher and hopefully won't hit my stop. It's a huge wick so hopefully no retest

[feral niche]

@balmy sleet sent a friend request, could you accept it

[umbral marten]

The zig zag, is that your drawing?

[dapper grove]

https://www.foxnews.com/politics/biden-family-received-millions-foreign-nationals-conceal-source-funds-house-oversight

[old crow]

Just the stock TV arrow drawing tool.

[coral trout]

our goal should be have all 20 wizards working on lux algo

[night lion]

1 min chart?

[true sundial]

has anyone here had success with longer timeframes like a day/week for the buy/sell signals or do you primarily use it for intraday?

[torpid gyro]

I only use the buy/sell signals intraday. I use the other premium indicators both intraday and daily chart swing trades.

[true sundial]

thanks @torpid gyro I'd love to know what swing trade indicators you'd suggest - I think I am going to move towards swing trading instead of intraday

[torpid gyro]

https://www.tradingview.com/x/T5ZcqW5q/ Here is a pic of my chart. I screen for very high quality stocks with very good momentum. I use Stockopedia to screen but there lots of good screeners out there. Once I have found stocks I use technical indicators for entry.

[old crow]

1m that’s tough timeframe

[torpid gyro]

1 Day

[raw phoenix]

when using the pac indicator, what do the green is buying volume and the red is selling volume?

[old crow]

1D is good for trends and swings 💪

[old crow]

This may help https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks

[buoyant ice]

What is best settings for 1hour time frame in NSE(Indian stock market? ?

[thick pilot]

Can someone explain which fvg to follow here?, 😂, I guess even the indicator is lost

[old crow]

For the Nifty?

[buoyant ice]

I have tried this but too many alarts

[old crow]

Thats why you dont see alerts on this chart.....

But when I turn on filter alerts, you see this

[buoyant ice]

So how to take buy or sell

[old crow]

I NEVER EVER take entires on printed alerts...not meant for actual entries...used for confirmation on a particular strategy you are following for your self. But with alerts turned on like the 2nd screenshot, these buy alerts confirms my chart analysis that it is bullish

[buoyant ice]

Thanks

[old crow]

USD/JPY looked nice during the crazy morning, of course hindsight 20/20 😹

[lament pond]

@old crow I want to charge to check the sensitivity to do it on my timeframe. Where can I find it please

Charts*

[old crow]

Im not sure what your asking...you want to change sensitivity for your chart time frame?

[lament pond]

I mean this one

@old crow yuup

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#optimal-sensitivity

#🤝support message

[thick pilot]

I don't think there will be a reply to this

[old crow]

because there is no right or wrong answer here to be honest.....

Not all FVG's get mitigated, and to figure out which one to follow is subjective depending on your strategy and if you use a higher TF for your analysis.

Some traders dont use FVG's in their strategies, and other traders use them.....

Just depends....

FVG's are a concept or an idea and part of a traders overall strategy if they chose to implement this....

[old crow]

here are some ideas:https://youtu.be/Mvi2yO4jq3s

https://youtu.be/XHvQrezmgyQ

There are other ideas on this concept in Lux YouTube, search around...

[dawn pike]

I am making a autotrader + simulator which can autotrade on every algo you want. Been testing the backend for a few days now by letting it simulate/paper-trade on different timeframes and with different algoritms to see how they perform. Maybe fun to know lux algo is doing best overall.

this is just using default setting and using the signals and overlays algo

[feral niche]

What tool is it? Couldn’t find much on autotrader

[dawn pike]

I am coding my own

U can feed it any algo u want and connect a exchange u want it to ezecute the algo on

[feral niche]

Cool

[dawn pike]

And im making it possible that switches to the most profitable algo every x hours

Ill probably need some exrtra load testing soon when the dashboard is done

Ill post here also

[dense badge]

mornng.... got a question.... why sometimes the tp and sl does not appear in the chart? only the blue or pink square but not any nymber.... is a bug?

[scarlet swift]

why am i receiving this ?

[candid salmon]

https://www.tradingview.com/support/solutions/43000693877-why-was-the-connection-closed/#:~:text=If the limit has already,only by refreshing the page.

Better to use the desktop app rather than the browser. It's more stable and counts only as one connection.

Hmmm, now I am unsure if the app counts as one connection. Seems like Trading View has started rolling out connectivity limits in a phased approach to users. You would have to close your open charts if you don't use them.

[candid salmon]

https://www.tradingview.com/support/solutions/43000694474-why-chart-connections-are-limited/

[prisma birch]

Hi man. Congratulations on your bots. It would be great to have some advice and explanation on this.

[untold smelt]

Thx i will wait for it 🥳

[bronze dirge]

guys i cant find the vip sr pattern

[main summit]

SR & Patterns is now Price Action Concepts 🙂
All removed features are in #👴legacy-indicators

[hidden moss]

Hello yesterday I bought a premium. In the video I saw about the optimal settings of the signal bot. Please tell me where they are, because I can not find them. Thank you.

[main summit]

Hi, you can see here 🙂
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
If you're referring to OptiBot, this was removed as we overhauled optimal sensitivity in v6

[old crow]

I’m watching these today

[dense breach]

@dawn pike I've sent you a dm

[old crow]

News in 15 minutes

[old crow]

Slow going after news.....

[spark ridge]

[old crow]

[old crow]

Looks like the DXY finally trying to make a move for the continuation upside to close out today

[old crow]

Past 8hours of NY session for DXY has been a dud.

DXY needs to move for the others to move....

[old crow]

BTC bearish sentiment, according to the circle of trust

ES S&P Futures, chop sentiment circle as overall values near 50%

[prisma plank]

Hello everyone, what's the percentage next to the highs and lows means?

[real drum]

Sorry I was out for a while.
I have a simulated account with my broker and trying a third party webhook to auto trade from within TV based on LuxAlgo Signals & Overlays indicator. What I have currently done is use 2 Signals & Overlays indicators - one for Buy and one for Sell since I believe I cannot create custom alerts with just 1 indicator for both Buy & Sell. The first one has Bearish settings unchecked in Style tab and for the 2nd one, the Bullish settings has been unchecked. Custom alerts for each case with 2 alerts. Please correct me if I’m wrong. Btw, I wanted to confirm the settings below: Smart Trail UP and Trend Catcher UP for Long and the opposite for Short.

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/market-structures#strongweak-highlows

[candid salmon]

First of all, you can set custom alerts for buy and sell with just one indicator on your chart. Second, which asset are you trading, and what time frame? Third, did you create an alert using the create alert dialog in Trading View as I posted previously?

[real drum]

Hi @candid salmon how do I set custom alerts for buy and sell with just 1 indicator? I'm trading just 1 future (MNQM23) and 5 min TF. yes, I setup custom alerts from the LuxAlgo settings with Buy confirmation, Smart Trail UP, Trend Catcher UP and the reverse for Sell.

[candid salmon]

It’s two steps to create a custom alert, first step is setting up the custom alert settings on Signals and Overlays, second step is to create an alert using the Create Alert dialog in Trading View. When you create an alert, Trading View saves your current indicator settings, and updating these will not affect your alerts, so you can use one indicator on your chart for this.

[real drum]

@candid salmon got it. let me try it now

@candid salmon so, for the first TV Alert, the custom alert for the indicator should be for Bullish and then when I create a 2nd TV alert, I should again go back to the same indicator and change the custom alerts for Bearish? Please advise

[candid salmon]

Yes. Don't forget to set the webhook URL on the alert too.

[real drum]

got it @candid salmon very helpful. btw, is my strategy good for bulish and bearish? As you know, I don't want to solely rely on Buy/Strong Buy/Sell/Strong Sell signals. Thats why I'm adding Smart Trail and Trend Catcher with UP and DOWN confirmations. Is this the right way?

[candid salmon]

Hard to say, you would have to manually back test and determine whether that will work given different market conditions.

@real drum is this your first time using Trading View charts and its alerts?

[real drum]

@candid salmon yes. for the past 2 months or so

[candid salmon]

I would recommend to look for primers on Youtube or read up on Trading View itself on how to use it. Here are the docs location for Lux algo signals and overlays so you can read up here too: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/

[real drum]

I went over it and very informative

[candid salmon]

OK good. I was wondering, as the steps on creating custom alerts are there as well.

[real drum]

@candid salmon btw, when changing settings on LuxAlgo, do I have also change the Bullish/Bearish check boxes in the Style tab for the 2 custom alerts? I believe it is only for the display. please confirm

[candid salmon]

No.

@real drum the display of signals is not affected by your custom alert settings.

[real drum]

@candid salmon one more question. With the Signals & Overlay indicator, how does the indicator warn me when the market is ranging?

@candid salmon before subscribing to LuxAlgo, I used to go with Williams Alligator indicator which was very good. The only thing is it is a lagging indicator.

[woeful galleon]

yer

[candid salmon]

There are several means that you can tell if the market is trending: trend strength and squeeze from the dashboard, each of the overlays themselves can also show you if the market is trending or ranging, and even the candle colors to some extent. I highly recommend reading the docs and trying things out for yourself. Also, most indicators are lagging, they could still be very useful.

[rain coral]

Hey new here. I have a question. Would any of you be willing to have a talk in one of the voice channels? I fully fell into this business, been doing this since January, lost like 1k and I truly do not have anybody to talk to. I just want to talk to some of you about everything bottled up. I a writing this here because I exclusively trade in Forex. Can someone please help?

[old crow]

Welcome.....have you gone through Lux docs? you can start here:https://docs.luxalgo.com/trading-best-practices/profile

[rain coral]

I did read through the documentation, which is quite amazing BTW, I am more asking just to talk in general. Not only about LuxAlgo. About more then that. That is all.

[old crow]

OK, not sure if you will find anyone to lend an ear or a shoulder here in the live chat. Maybe, who knows. We just move on and learn.....

[little flint]

google is the best resource humanity invented

[proper wing]

ES Chart with levels

[old crow]

nice, you use certain round mental levels? or these are S/R's on higher TF's?

Gold wants to take it down

[proper wing]

Not a mental level. I use at higher tf, and draw my levels. please visit #future channel for more chart. Sorry i should be posting here also

[old crow]

Circular BarPlot on the 15m ES futures

[boreal pewter]

The market structure indicator is 🔥🔥

[old crow]

Here's the dollar index DXY with the cir barplot

[flat torrent]

these indicators have done nothing for me this week.

[main summit]

My friend, you're not guaranteed to be successful.
I would definitely recommend taking a look here, this will help you out https://discord.com/channels/641770286638694402/997901091389841408

[old crow]

Indicators are not designed to do something for you. All it does, is to try to give you some visuals so "you" can interpret your own way to make a decision.

https://docs.luxalgo.com/trading-best-practices/profile/

[old crow]

So the question is, have "you" analyzed "your" own chart properly "this week" ❔

If I dont know how to turn on or drive a Formula-One race car, then it's not the race cars' fault, but, it's me, I need to learn how to drive the race car.

☝️

[dense breach]

@flat torrent wow, but truly wow, I almost have difficulty comprehending what you've put in this chat. Lux killed it this week, spot on, delivering edge, you only had to execute and you'd have made a lot of money. I truly believe @old crow is spot on in his response, maybe use a paper trading account, read all the manuals and get up to speed. Because this week, was one of the best weeks, but maybe study first. Good luck and hope to hear more constructive remarks next round🙏

[stiff folio]

i 100% agree. lux indicators have completely turned my trading around. i have never used them as buy signals, but as confirmations of what i'm seeing in the market, patters that i trade as my edge. so insanely grateful for all their incredible (and rigorously continuing) work!

[sterile cosmos]

Lux helped me almost pass 10 100k evaluation accounts in 7 trading days. Only $600 left of the test to go

This is seriously life changing stuff

Just today... I have many others just like it

And, that is 1 of the 10.

[little flint]

+10% this week from 3 days of trading. compound that for a year 👀

[sterile cosmos]

Amazing.

[south escarp]

Pretty impressive guys. Care to share your set up/ strategy? @little flint @sterile cosmos

[sterile cosmos]

It's actually just using the buy/sell signals of a 3m ES chart.

Only trading from premarket to NYC close.

[old crow]

outstanding ❗

[sterile cosmos]

You have to have all the confluences present.

I developed this for me, I needed something mechanical that helped me with my mindset.

Lux is critical to my trading

I also use the incredible Price action indicator at my morning routine

[hidden moss]

Hi guys, where can I see strategies for gold with the indicators?

And also how yo use the indicators and possible strategies

[old crow]

You can view the YouTube Short-videos for examples of strategies for any asset.... #📈must-watch

also this is a good link to start as well:#🧠core-lessons message

[hollow anchor]

what is this

[old crow]

It is a template I am testing out

the LuxAlgo Circular BarPlot

[hollow anchor]

love the design

[old crow]

Has a few indicators rolled into this one indicator, saves chart space...and these indicators are not traditionally utilized and does give a good overall sentiment of the market at a glance....I like it so far, not bad...

[hollow anchor]

question what is the contrarian gradients do

[hollow anchor]

public ?

[old crow]

I dont use contrarian gradients, i trade with the trend instead

[old crow]

yes

[hollow anchor]

right on

ok ill try it out

[eager idol]

[boreal pewter]

Is there an SMT divergence indicator?

[sweet coral]

What is this indicator ?

[old crow]

Just another pullback for new BTC highs next week❔

[old crow]

I dont believe there is a Lux indictor that detects market structure divergence from 2 correlated pairs....but who knows in the future.....send a suggestion to feedback channel🤔

[old crow]

Which one? is this your chart? looks like a hand drawn FVG grey zone, and hand drawn red trend lines?

[celest harness]

Any suggestion for using other tools or Lux products to guestimate the trend length? I wish to identify longer trends than choppy and confused trends.

Appreciate any guidance please, TIA.

How to identify to trade these 2 out of 8?

[sterile cosmos]

How about fib trend

[celest harness]

Thanks Robin, fib trends do work sometimes but the market has its own style most of the time, so looking for some more means to know which trend is gonna be a long one.

So far, my best bet was RSI or Osc OB/OS or Bollinger outer band hints, but they also deceive.

Hoping some of the experts here have a more definitive way to identify.

[earnest flame]

Hi I am new to LuxAlgo, can someone send me a good trading strategy with it
watch many videos already but a lot of them didn't help me :/

[main summit]

Welcome 🙂
Would take a look at #📈must-watch, many strategy videos available

[earnest flame]

Thank you

The first strat doesn’t work everywhere right

[old crow]

There are several videos with some strategy ideas, they all work for different types of traders and different types of assets....try them all out, and you will probably find a few you like and combine them and create your own strategy...

@earnest flame Here is a link to all the short form videos with individual strategy concepts. Mix and match and you will probably create a nice template for yourselfhttps://www.youtube.com/@LuxAlgo/shorts

[earnest flame]

will do

[uncut copper]

can anyone help me with indian markets to identify trend in bank nifty

[old crow]

Someone say nifty? did you take a look at my nifty charts i posted?

4H and 1H Nifty

[uncut copper]

@old crow how to find the reversal in this charts?

[old crow]

Take a look at the past 14 years on a monthly TF

incredible trends

[uncut copper]

i am new in using the lux algo

[old crow]

Many ways Lux candle colors, Trend Catcher, Ultimate Stochastic can all give you clues on pullbacks

[old crow]

If your new, start here: #🧠core-lessons #📈must-watch

[uncut copper]

i just want to know how to find it like what conditions we have for reversal in algo

i am not new in trading

i am new in the algo part

[old crow]

The above chart on Nifty is no special settings. It is default, and I turn on Reversal Zones, Trend Catcher, Candle Color Simple or Gradient, Auto Pilot Short Term

thats it

[old crow]

Then start here and learn how the Signal/Overlays https://youtu.be/wIJgI1905aA

If your not new, then just by looking at the charts I posted, you would be able to tell easily when the trend changes for pull backs.....very simple visually

[uncut copper]

This is what my chat looks like

[old crow]

OK, then compare your chart with my charts I posted. Which is easier visually to tell the trend?

Strip down your chart until you can easily tell the trend. Then you can add or replace tand algo features to improve your chart

if you just add a bunch os stuff all at once, it will be very hard for you to dissect each one and what it means

EXAMPLE:

bare minumum LuxAlgo chart

only has candle trend color, trend tracer

Can you tell the trend with this chart?

this is all you need

then slowly add some other features to help with your decision. If it doesnt help, get rid of it.

Hope this helps

Now add the Neo cloud

So on this monthly chart, I hope you can see its uptrend, right?

Then only take long entries on a lower timeframe, maybe a 4H or 1H

Then you do the dance:

[worldly pendant]

Does anyone have a YouTube channel that goes over detailed strategies they use with the lux algo concepts? I believe my style of trading is fast trading but for some reason I just can't put it all together. If anyone has good settings I know how to use the indicators somewhat lol. I'm more of a try to trade with the banks bankers strategy but I'm always messing up those entries lol

[thin tangle]

Try this. https://youtube.com/@GeckoTrading

I found a lot of useful stuff in his videos

[coarse kernel]

hi

[uncut copper]

@old crow thanks a lot sir

[little flint]

@old crow be my mentor pls

[old crow]

[south escarp]

Good description there. But why the monthly may I ask? Ain’t the Daily enough to see overall trend then drop down to the lower time frames to trade?

[old crow]

I used monthly as an example. I could had used 1H and 15m, or 5m and 1m, or 4H and 1H.

It was to show you that you can use a higher TF to get a sense of market bias for your entries on a lower TF.....

[south escarp]

Thanks for clearing that up 🙂

[real drum]

@candid salmon or anybody For confirmations, I'm using Trend Catcher (checked) and I see a pattern where it is slow to change color from red to green or vice versa while the Buy/Sell signal has already been displayed. This is for futures (NQ, MNQ) on a 3m TF. Also, some times, I see the Trend Catcher line seems to be running as a straight line rather from top to bottom or bottom to top. My custom alerts are using Trend Catcher UP or DOWN as a combination with Buy/Sell signal along with Trend Strength > 50%. Due to the issues I'm seeing with Trend Catcher, the alerts don't happen at all. I really wanted to use Trend Catcher as a confirmation and it would be nice if it is not lagging and also has a option to have the color change alert. Any ideas?

[sterile cosmos]

What time frame are you using?

[real drum]

@sterile cosmos already mentioned as 3m

[candid salmon]

I have noticed the same pattern on Trend Catcher when there has been a huge spike(s) on the asset, especially on lower timeframes. You could try to use Trend Tracer or Smart Trail or the other overlays instead. Also, you may want to observe if your Trend Strength is too high for the asset you are trading. Btw, there is a color change alert, it is however split into 2, one for green to red and the other from red to green.

[real drum]

@candid salmon thanks for the tip. can you please tell what is the color change alert? Not seeing anything in the custom alerts section in Signals & Overlays 6.0.2 version.

[candid salmon]

That's because it isn't there - it's in the Create Alert dialog, select Signals and Overlays, then check the dropdown for Trend Catcher Up - which is red to green, and Trend Catcher Down - which is green to red.

[real drum]

@candid salmon but, I have already selected Custom Alerts with Buy/Sell signals along with Trend Strength > 50% (to avoid taking false signals in ranging market). how can I add the Trend Catcher color change condition on top of this?

[candid salmon]

You can't. Even if you could, the probability of a color change happening at the same time as the signal is so tiny that it isn't worth adding (I would presume).

[real drum]

btw, I was surprised to observe one thing. I was able to align the color change at the exact candle where I get the Buy/Sell signal getting printed on the chart. I changed the sensitivity from the default 12 to 17 and noticed it perfectly aligns with the signal. Checked it since last Monday (May 8th) for NQ. Have you encountered this pattern?

This is for a 5m TF

[candid salmon]

There will be some cases where it will align, but that would depend on the asset and market conditions. If you align it perfectly, then what is the point of having confluences 😄 usually you will use confluences to have 2 or more algorithms confirmation to give a higher probability.

That being said, it would depend as well on how and when you want to exit your trade.

[real drum]

@candid salmon I see your point. But solely depending on the Buy/Sell wouldn't cut it all the time no matter how robust the indicator is. Thats why i wanted to add multiple confirmations (TC, Trend Strength > 50% etc). Btw, I was reading the doc and noticed one interesting point. The last custom alert setting with a drop down displaying as "Close" by default can be used to tap into other external indicators and I'm just wondering if I can use Hull suite (the best non repainting free one so far) to detect color (if green then the market is trending up and red if the market is trending down). has anybody tried it? The issue is I tried and I'm seeing MHULL and SHULL. Don't know what value to set here

[candid salmon]

I haven't tried Hull, but you can always modify the script once you have identified the conditions/confirmations that you want to use.

[real drum]

@candid salmon have you used connecting to third party indicator using that custom alert feature? not seeing any examples

[candid salmon]

It doesn't have to be a 3rd party indicator, it just has to be another indicator and not a strategy. E.g., using Lux Oscillators, select URSI, Greater Than, 70.

Also, at the very bottom of the page, there is an example: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts

[real drum]

@candid salmon fantastic. How do I use this for a effective confirmation of buy and sell signals? I mean what setting for buy and what setting for sell?

Wanted to add this to my custom alert confirmation along with TC and Trend Strength

[candid salmon]

That's something you would have to back or forward test.

[little blade]

Hi. Is there any video on how to customized and combine conditions for maximum confluence into one alert. ?

[main summit]

Would see here 🙂
https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview#create-an-alert

[real drum]

@candid salmon just was observing NQ and seeing couple of issues in TC and Signals & Overlays indicator overall. I see a Sell order got triggered at 3.40AM but my custom alert condition is set to TC Switch Down (color change). Looking at the chart, TC is still green and a straight horizontal line. So, ideally this trigger should have never happened. Also, 10 mins back, I saw the buy signal and it disappeared the next minute or so. Is this behavior due to the indicator repainting? I’m concerned that the indicator is not functioning correctly. Please advise

[old crow]

Dollar in this funky slow range, no real news release today 🤔

Who's scalping this range back and forth on the ES?

Here's the YM, looks like you could had just used the Lux colors to scalp in either direction this past week on the eminis

Nifty traders, looks like you had long positions.....

[candid salmon]

Please post charts and alert log so we can see.

[little blade]

I am trying to combine those three conditions into one Buy Alert, How would I go about doing this on the LuxAlgo Premium Suite ? https://www.tradingview.com/x/RHlnbgGB/ Thank you much.

[old crow]

everyone ok with this no-news slow day?

🤔

[real drum]

@candid salmon if you look at the chart, the alert got triggered at 12.40AM PDT (3.40AM EST) with Sell signal and TC flat and green. My custom alert has been set to trigger only when TC switches up or down along with Buy/Sell and Trend Strength > 50%. Even though there is a profit on this trigger, this trigger shouldn't have happened

[frozen wraith]

Haven't made many moves - feeling FOMO on NVDA.

Made some money on META.

[old crow]

This means your safe and didnt lose

[candid salmon]

I understand the issue now - Trend Catcher Up as a condition here means that Trend Catcher is bullish, meaning it is green. The actual changing of color is at the Create Alert dialog, not here. So the alert fired correctly according to the conditions that you set.

[real drum]

But TC is neither up or down. It is a flat green line. I set it up with Switch up or down NOT regular up or down.

So in any case, the trigger should have never happened is what I’m conveying because TC is flat

[old crow]

Why does this set-up gives me goosebumps? 🤣

[candid salmon]

And what I am repeating to you is that TC Up means green, meaning it's bullish. It has nothing to do with angles or whether or not it is straight.

You can even refer to docs for a better understanding: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts

[real drum]

Got it. Looks like TC is not reliable as I wanted to combine with the Buy/Sell signal as it is still green at 12.40AM with the Sell signal popping up. It shows up red after couple of hours when a second sell showed up. I think using TC as a confirmation is not a good approach. Anyways, thanks for the insights

[candid sparrow]

Does LuxAlgo have refferal program?

I found someone who wants a subscription

[lucid idol]

yess have, you can use main if you want

[little blade]

Is it possible?

[old crow]

or mine

[candid salmon]

If the conditions don't all happen on the same candle, then you would need an automation platform to receive your alerts and wait for your conditions to fall into place. Some people code their own, and I think but have never used, 3rd parties.

[sterile cosmos]

Passed my prop firm $500k challenge today, plenty of action for me! Thanks to LuxAlgo I did it in 9 trading days.

[old crow]

This is awesome !!!!!!!!

[primal valve]

Congratulations what strategy did you use?

[sterile cosmos]

One that I came up with using Lux for entries and TP management. It's very good, because LuxAlgo is.

[sterile cosmos]

That's $30k profit if anyone is wondering.

[old crow]

Holy sh**

dam

[sterile cosmos]

#luxpower.

[old crow]

[severe sable]

👏🏻

[swift coyote]

Congrats! Which firm is it?

[onyx cape]

Mate remember my comment and tip about having a top signal that can work as a mean reversion point. This is not a contrarian signal. Just a mean reversion so then it resumes the trend or just breakdown if ever.. @thin trail perhaps something we can chat with the wizards. Also mate... there is another provider that has an interesting signal overlay... about SQUEZE.. when price action is about to get a big pump or dump due squeezing.. a colored band starts to print over the chart.. that would let me know that any LUX ALGO buy signals for example.. will have A HIGH CHANCE of a HIGH reward.. so perhaps something to take a look.. @main summit @analog onyx

[sterile cosmos]

Apex Trader Funding

[real drum]

@sterile cosmos would you be able to share your strategy? I’m automating it but the confirmations from Lux are killing me as it is not giving me good results.

[sterile cosmos]

I tried to automate as well, great for longs, but got murdered on the down turn

[little blade]

Thank you. Didn't know those platform existed. Do you know of any name I could check out. Thank you much.

[real drum]

I’m using Signalstack connected to OptimusFutures on a demo account

[real drum]

Wanted to understand what you’re doing. Since I’m still on the paper trading account, I can try whatever confirmations to my heart’s content. What custom alerts do you use in Lux Signals & Overlays?

[feral niche]

Custom programming? Or any external tools?

[sterile cosmos]

No we just using the buy/sell on lux

If I had taken more care with it and monitored the trend, it would have done much better

But, trading ES on a prop firm is just so much more profitable for me it didn't make sense to divert my attention

[real drum]

Interesting. So, you’re just relying on Buy/Sell alerts on Lux? What about confirmations? Wanted to completely automate the flow that’s why confirmations are crucial

[proper wing]

Just saw your chart. I don't use 15 mins or 1h tmf for scalping. I mainly prefer 3m or 30seconds for quick scalping.

[old crow]

Nice....3m or 1m, seconds can be good for the right asset and just a rekt for others. But for futures....

[atomic star]

hey guys, is there any way to receive an alert when the candle turns green/red on Signals & Overlays indicator?

[candid salmon]

Red to purple = bullish confirmation signal. Red to green = strong bullish confirmation signal. then vice versa for sells.

[atomic star]

thanks man

[old crow]

Dollar index not doing so hot either way so far.....another garbage day on the pairs maybe?

[dense breach]

Hi guys, I have a question about tuning exit signals

[old crow]

whats the question? https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signals#confirmation--exits

[little blade]

Hello. When you merge multiple conditions to generate one Alert, since most conditions are not printing at the exact same time , how/when does it send the ultimate trigger ? . Does it wait for the last condition to print or does it wait a certain number of candles for the last condition to print before triggering the Alert ? https://prnt.sc/QC_z02_QthV1 Thank you for your assistance.

[main summit]

It will alert you only when the conditions are true, if you want just a confirmation signal you’d tick ‘signal’ and nothing else.
You’ve ticked a bearish signal (conf or contr), while the smart trail is bearish, when a trend strength is greater than 50, so you’ll be alerted when that is true.
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts#custom-alert-creator

[little blade]

Thank you. where I am unclear is , is it going to wait until ALL Conditions are True to trigger the Alert ?. Because they might not occur at the exact same time. So How long is the Alert waiting before the last condition is true ?

[pallid flume]

anyone know why I can't get the S&O signals (Bullish, Bearish, Bullish+, Bearish+) to show up as external source choices from another indicator (strategy actually). I can see all the overlays, but not the signals. I understand the difference between plots and drawings, but since they appear as 0 or 1 in the data window as well I expected to be able to connect to them so I can use them in my backtesting strategy script. Any ideas?

[proper wing]

ES play with Smart Trail:

[prime arch]

@proper wing @main summit @old crow anyone , can u help/. How can I setup alert for price action concept, whenever ACTIVITY ASSYMETRY is detected? Any work around for that?

[proper wing]

There should be a video about setting up an alert by Lux algo. Please try #must-watch channel

if I find that video, i will let you know

[void geyser]

hi all, anybody has a profitable strategy what working and could be shared with me?:) I'm new here and i'd like to learn the chart and make some profit, but today the premium indicator gave me 3 false signal in a row , it was strong buy signal, oscillator and trend catcher are green but i lost .. i watched a lot of yt video etc so pls do not offer just some random youtuber.. 🙂 i trade on btcusdt pair so i need a strategy for crypto on 5M chart .. thanks soo much

[old crow]

Welcome. First, Lux videos all the way, no random YouTuber here , but try another type of asset instead of crypto. In my opinion, crypto is tough to read with confidence with all the pumps and dumps that can’t be explained. Also have you tried using higher time frame for overall trend bias? And you may want to try 15m timeframe or higher for entry chart

#🧠core-lessons

#📈must-watch

[void geyser]

thanks, i will check it ..

[old crow]

Take your time, no rush….if you feel pressure in making money asap, then shut it down for awhile. That would be a dangerous mindset to have….

[void geyser]

there is no pressure ...i have full time job, first i just want to learn and get some passive income 🙂

[old crow]

Ok cool. I see you just joined a few days ago. There’s a lot of info here….but all good stuff. Lux short videos are really good for ideas

[tender jackal]

@void geyserWell I am a total noob but my first suggestion would be to get off the 5 Min chart ASAP

[void geyser]

yeah i have to try bigger timeframe maybe 😄

[old crow]

This right here

15m and up

[main summit]

You could try using the built in imbalance alerts in PAC
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/imbalances#activity-asymmetry

[sweet siren]

The Price Action Indicator has many options it is really hard to chose from, I would love to get some folks feedbacks on some setups for trend trading. Also, does the indicator work with any bar type?

[old crow]

Lux short videos is a treasure chest of PAC concepts and ideashttps://www.youtube.com/@LuxAlgo/shorts

[little blade]

Hi. in this video https://www.youtube.com/watch?v=vpSjJpCpwSE he mentions 4 confluences to insure a safe upcoming trend .
(1) 2 Touches of Green Reversal Zone
(2) Trend Catcher turning Green
(3) Candle should be Green
(4) Neo Cloud turning Green.

How do you turn this into one or several Alerts ? Especially (1) and (3) the other 2 being straightforward.

Thank you for your assistance

[main summit]

You could use the custom alert creator to set alerts with certain and multiple conditions:
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts#custom-alert-creator

[regal fjord]

Anyone know why the luxalgo backtesting script is unavailable? Is there only 3 premium scripts.

[main summit]

It’s available in beta for our lifetime users only currently

[regal fjord]

How do you become lifetime member? There is only yearly subscriptions online

[main summit]

Unfortunately you no longer can, this was an offer we had back in November 2022

[regal fjord]

Any place to go to get better breakdown/strategy for different indicators luxalgo offers. Ex: smart trail, trend catcher. Other than the YouTube videos by luxalgo? There decent but don’t go into very much detail or have good strategies with entry confirmations

[little blade]

Thank you. I am aware of the feature. I was asking for the best confluences combo for very good entries for Scalping.

[vernal jolt]

I approach that its all about the entry and accuracy. Lux is good for this when a the final wick hits. At this point take out at least half to cover costs of investment and move stop loss to the new break even. From here lot it follow until it comes back called a trailing stop loss.

[main summit]

You can take a look here if you haven’t already 🙂
https://youtube.com/@GeckoTrading

[main summit]

What is shown in this video is what we deem suitable and recommend 🤝

[little blade]

How do you setup an Alert for ?
(1) 2 Touches of Green Reversal Zone
& (3) Candle should be Green

[main summit]

You can use this for reversal zones alerts:

And you want purple to green? You can use the built in Confirmation/Contrarian+ alerts

@little blade

[old crow]

[hidden moss]

Good afternoon all, I just joined today

[main summit]

Welcome 😄

[old crow]

[bold totem]

which indicator is this? or you changed colors?

[old crow]

Its the same as always, Signals/Overlays, trend chaser, catcher, reversal zones, auto

chart back ground colors always changing depending if i'm bored or not

[night gull]

Depends on if market is moving 😆

[old crow]

I also changed the Trend Tracer from "+" to "line" as this gives me a better visual in trend as oppose to the steps "+"

[gloomy radish]

Hi Guys - new to lux. Wanted to say hi. What's the best channel to ask dumb questions in?

[old crow]

welcome

[old crow]

tag a random member for dumb questions

😹

joking

[gloomy radish]

lol

What do most people trade using the lux algo? (yes I understand it works w/ everything) but is there something it's particular well suited for?

[old crow]

I hate to say it, but works with everything, as long as you adjust the settings and sensitivity to your assets eb and flow and TF. What you can do is head over to the crypto, futures, stocks and forex rooms to find out what these traders are using....

and no, not a stupid question 😹

or maybe it is

(joking...)

[old crow]

EU not bad today, looked good! Anyone traded this?

[old crow]

4H PAC Gold with swing structures only

[real drum]

Looks like Buy/Sell signals with TC Switch up/down along with Trend strength >50% wouldn’t cut it for automated trading. In today’s NQ chart I never got buy or sell alert due to the fact that TC didn’t trigger the event as it was flat for couple of minutes. I read a comment on on the 1min scalping Lux strategy YouTube video posted by Lux and it mentions about using ultimate scholastic as a additional confirmation. Thinking of replacing TC with this one. Any thoughts? If it is a good idea, how do I use it with optimum settings?

[old crow]

Lux has a 1m scalping strategy video? do you have a link? @real drum

[vast gale]

what does this indicator called?

[sinful swallow]

Hi everyone 👋

Any indicator for range breakout/fakeout plays?

[real drum]

https://www.youtube.com/watch?v=vpSjJpCpwSE If you read the comments, a guy by name: BlueSky Tax team is highlighting the usefulness of Ultimate Scholastic

[old crow]

ahhhh this one, Smack never really mentioned 1m, I dont think, but yeah, I use a simple strat, actually almost the same, on a 15m...but today, on my 2nd trade, i actually went down to a 30 second chart, and grab my usual 10 pips

could had held for more, but hindsite always 20/20, I just love my 10pips

[real drum]

@old crow sorry. My bad. I was reading 1 simple as 1 min 🙂

[old crow]

no worries, but yes is does work on a 1m, you just have to be on your toes and adjust your sensitivity settings to the assets flow.....

there's a group that trades 5m and below, over in the stock chat

[real drum]

@old crow let me add something to discuss. I have custom alert (Any bullish and bearish signal, TC Switch up/down, Trend strength > 50%) and this combination didn't work day as evident from the chart below. What I'm going to do is replace TC with Ultimate scholastic and see if the combination works. but need your help on the settings for the scholastic.

@old crow I missed the massive trend because TC was flat and showing red but the bar is green with Strong buy signal

[primal valve]

Hi all, looking for s prop trading company, im based in uk if that helps? Cheers

[real drum]

if manual, it is good to wait for confirmation but since mine is completely automated, the alert never fired

[old crow]

I dont see anything wrong with your chart, if you use a higher TF such as 15M, I bet you would had caught the massive move upside. Dont put too much emphasis on the printed signals, I actually turned mine off, they cloud my mind. With the signal off, and using a higher TF, you would had gotten that move I believe. Take a look

[trail linden]

Can you remind me how is that script called with the Ribbon?

Showing the wicks @old crow

[old crow]

15m Trend Tracer always to the upside, and when 15m catcher flip green, thats your clue to go to your 5m to take entry on catcher and tracer upside

[real drum]

@old crow but then how do I do all this if it is automated?

[old crow]

with signals turned off, I make my own decision

[old crow]

OH automate, not my cup of tea, sorry

[real drum]

yeah.. manually, I in fact made $1100 but with automation, no alerts no $$ made 🙂

[old crow]

i dont trust automation as you still need to watch the charts and make sure and tweak, so to me, whats the point, LOLLL

[whole ember]

Don’t recommend automation; trading involves multiple critical thinking steps.

[old crow]

i know some have their autos work, but just not for me....

[whole ember]

If you have something automated that can win 80% of trades I’d love to see it.

[old crow]

yup, never seen it n my life....no such thing as set it and forget it

i wish there was

im tired of looking for it

[real drum]

@old crow can you point me to the guys who are successful? I know how to set it all up but the confirmations are not aligning in TV with Lux

[old crow]

LOL

[whole ember]

Me too; you’d have to have like a five step confirmation process if not more.

[trail linden]

My friend has 80% win but she is using her actual thinking.

Indicators may be correct but trading with low volatility and big squeeze it’s not gonna help because you will be having multiple upside-downs with many indications.

[old crow]

OH, i just said that because nothing is 100% for sure, i left room there so that the real auto folks dont chew me out

[whole ember]

Yep @trail linden has it on point. Need volatility, momentum, signal, etc.

[old crow]

this is a whole other convo...for another day for me, LOL.....

[whole ember]

A lot of boxes to check off for automatic trading

[real drum]

thats the reason, with automation I only play with MNQ and with $3000 as my base investment. Use it or lose it. With paper trading so far, made $850 in the last 4 days

[trail linden]

I mean... looking at this and by closing the position on the right time, these indications are all correct.

BUT, you can also be unlucky.

[whole ember]

Who knows how to set the alerts so that you are notified as soon as a order block is created? I haven’t been able to figure that one out yet

[trail linden]

When you open, make sure to check the small timetables.

opened here

[real drum]

its a pain to sit in front of the computer staring while the automation does the work for me but wanted to add multiple confirmations to get that going

[old crow]

Automation is good, but if you cant be successful and consistent at manual, then pursuing auto is a dead end...in my opinion...

[trail linden]

correct. Automation is there to help tho.

Not to do all the work.

A perspective from my job is that autopilot yes does all the work, but we are there also!

[old crow]

Just me me my multi TF charts and let me take 1-2 scalps a day for 10 pips each, thats all I would like, nothing more nothing less....good enough for me......

[trail linden]

Yeah... no need to trade all day tho

[real drum]

I'm in futures and not in forex yet

[trail linden]

ALSO... play at very very specific hours. For example, americans come back home from their jobs, trade and go to sleep. That's around 4AM my time.