💬hangout

[gilded cloak]

https://tenor.com/view/yess-yes-gif-25420589

[old crow]

Anyone else that has an asset they want to see on my template that I havent posted before? Im always looking for new assets for myself to trade. Look at Nifty, if it wasnt for this room, I would had NEVER known about it.

❓

https://tenor.com/view/the-matrix-neo-keanu-reeves-come-at-me-gif-24036184

[little flint]

GER30

[old crow]

easy

[little flint]

muchas gracias son

[elfin sphinx]

How do you overlap the signals indicator? That looks 👌

[little flint]

if you select the bottom one, move to existing panel above

then you will have a scale on the left as well. right click on the scale and move scale to right

[elfin sphinx]

Thank you! 😊

[little flint]

2 indis were eating too much screen. i don't use them i mostly yolo but i put them because the chart looks sexier with them

i'm not @devout tapir, i can't afford 8 screens 👀

https://tenor.com/view/divine-anarchy-da-gm-divine-anarchy-gm-good-morning-da-gif-26368792

him IRL

[elfin sphinx]

💯 Agree. Haha. Hate when it makes my screen so tiny

[old crow]

I see nothing wrong here, very effective @little flint

[little flint]

https://tenor.com/view/lol-funny-laughing-lmao-lmfao-gif-26537538

[old crow]

take a serious look at that template, gotta wait until they all line up

[little flint]

i will trade this way tomorrow, if i lose i'll look for you

[old crow]

you wont lose, because they wont all line up, therefore, no trades, therefore you didnt LOSE !!!!!

Your WELCOME!

[little flint]

never say never son

[vast gale]

what is your sensitvity?

I mean the signal sensitivity?

[little flint]

short term auto with neo cloud filter

[old crow]

Lets make is really simple to start creating a template strategy. LuxAlgo Signals/Overlays with just Trend Tracer, Trend Catcher, Candle Coloring Simple

I eliminated all the other features so that your eyes focus on a specific feature, the trends of the LuxAlgo candle coloring

Based on this ONE chart, you take entries in the direction of the candle colors, in the same direction of the Trend Chaser and Trend Catcher.

How many times did it work out? and how many times did it fail?

Now you start adding other features on top of this plain template, that fits your style.

Then you just created your own strategy template, your OWN

[little flint]

is this lesson over?

[old crow]

Same concept on eur/usd

gold

im not cherry picking

Nifty

all on the same 15m plain template

[old crow]

LOL, I can stop

[little flint]

cheers for coming to @old crow's TED talk guys

[old crow]

GU

rinse/repeat

Look at all my charts, ill pick one asset and just trade on candle color flip until i get net +10 pips, and im done for the day.

@hoary glacier take a look at the charts I posted above ☝🏼 Start from here and build on your own template....

[night lion]

@old crow so you aren’t using Smart Trail, correct?

@old crow and, u changed Trend Tracer dots to line, correct?

[vast gale]

yes thats how he does

[night lion]

Thank u

[old crow]

The charts I just posted is a start in creating a complete template...yes you can add Smart Trail, that would be a good addition

[old crow]

yes, changed to line

Anyone try the new Lux Swing Vol Profile?

Might come in handy for PAC traders 🤔

[night lion]

I’ve use Vol Profiles before, daily, weekly and monthly. I wonder how Lux’s is different

There’s also the new Lux Algo Volume Profile Regression Channel

[old crow]

Yeah, Lux has a few in their bag, some very detailed than others. I like the less detailed to give me just level ideas for my strat if I was going for larger TP’s.

[old crow]

I really REALLY like this one I showed a few weeks ago on my charts

[night lion]

Wow , I’m gonna look at this one.
Do you use it now?

[old crow]

Pair this up with a higher TF and you can see clearly the bullish/bearish variations....

🤌🏽

Check this out

On the 1h, I drew a zone at the bar that started the bullish senitment, and on the 15m, I need to wait until I see some bullish variation sentiment as well, then off to the moon

So on the 15m, when I start to see bearish variation flickering back and forth on the range level axis, then maybe thats an area to close out or take partials.....

just an idea...

Obvously this 1H and 15m shows strong uptrend, so I changed the 15m to 5m to show detailed internal price action to see if I can se any bearish variations, and yes, take a look

on 5m, there is the orange/red line, which is the start of bearish sentiment

here's a 3m, which has a few price levels that show bearish variation sentiment

all I know is, these charts look clean and cool looking 😹

[night lion]

How did u get the red/orange line on the 5min, denoting early bearish sentiment?

[old crow]

default

[old crow]

from the Lux TV descrition page

These bins act like POC of each bearish and bullish group

interesting....

[night lion]

This is really cool

[old crow]

Now, if you pair these bins with PAC OB's or imbalances, then holy crap

[night lion]

I’m also looking at it with the Breaker Blocks w Signals on 15 min and it’s sweet

The signals line up perfectly with the change from bearish to bullish sentiment or vice versa

[old crow]

Yeah, look at the bull/bear bin lines, and there are OB's there, mabe these are the prime juice OB's?

ideas flowing here 🤔

[night lion]

Well they’ve gotta be strongest in theory as they’re associated with the POC on his bull and bear side

[old crow]

I just want my 10pips

LOL

[night lion]

I trade US30 and shoot for 15, but 10 might be more solid and consistent

[gilded cloak]

I do NQ and shoot for 15 as well but today's W's all ran for 20++

[thin trail]

love it, nice #confluence

[old crow]

[night lion]

@old crow did you see the newly released:
Swing Volume Profiles [LuxAlgo}

Checked it out, it’s another valuable tool.
Interested to hear if u think it has a place or just go with the previous mentioned setup

[old crow]

yes, thats what started our convo, LOL#💬hangout message

[hidden moss]

I am loving this service

Renko charts + luxalgo signals with smart trail and dashboards trading makes more sense

I am having such a difference in my trading decisions

[old crow]

NICE, can u show us a renko chart?

[hidden moss]

Still can’t believe 😵‍💫🔥☄️💥

[little flint]

also very curious how your renko chart looks like. i'm not rich enough to afford a premium tradingview so i'm limited to daily charts.

[hidden moss]

Guys this is the stuff

[little flint]

looks solid

[hidden moss]

I understand. But in one day it gets paid (the subscription)

[old crow]

Never really tried it, dam...played aroud with it, but never real trades......

YET

lol

himmmmm

[old crow]

this renko, what do you have the 40 on? 40 minutes?

or what is your TF for the renko?

[hidden moss]

It’s ger40 (German index)

Renko candles it’s not by time it’s by price

[old crow]

EU 1H and 15m Renko. But when i change the time, it chages the chart?

[hidden moss]

It’s crates a candle each 5€ up or down

[old crow]

ok im gonna read up on this stuff, maybe instead of 10 pips, i can go for the big one

[old crow]

you been keeping this from us peasants, huh?

[hidden moss]

I am still learning 🌞

[hollow oriole]

im doing really good with the live stock scanner so far CRM and ADBE were profits and i would be in tesla right now but im changing brokerages i just love the 1hr 4hr and daily signals

[gilded briar]

Recommended setup for scalping with premium. I would like to trade while I am working my normal 9-5

[old crow]

higher tf's are usually the best

[old crow]

#💬hangout message for me, you can start by adding just a few concepts and build from there.

take a look at my posts in this thread

[old crow]

https://youtu.be/vpSjJpCpwSE the back bone of my strat

☝🏽

[uneven bay]

Nice, I appreciate the insight

[uneven bay]

Thank you

Why does that guy look like he‘s constipated lol

[old crow]

ohhhhh, you did not just say this? dont bite the hands that feed us

[elfin sphinx]

Was about to say this... these indicators are 🔥 😂

[outer matrix]

Any LuxAlgo Indicator released that could plot Pre-Market High/Low and all the Daily High/Lows?

[elfin sphinx]

There's filters halfway through the pac section. It doesn't include the pre-market though. I think I saw another one but can't remember the name.

[old crow]

I believe there are Lux free indicators, which were released recently, that plot several of ICT premarket levels, just search the Lux TV library

https://www.tradingview.com/script/aLTywnJ0-ICT-Macros-LuxAlgo/

https://www.tradingview.com/script/wRtmtWIQ-DR-IDR-Candles-LuxAlgo/

https://www.tradingview.com/script/bmFFb5Rt-ICT-Killzones-LuxAlgo/

[indigo copper]

Has anyone pass the propfirm test with lux algo?

[uneven bay]

Ohhhhhh fuuuuuuk I did not know that was uploaded by LUX ALGO

I’m so glad I’m not banned right now

I’m new, I’m new

[old crow]

Yeah, we pretty much post all Lux videos 99.9999% of the time.

[old crow]

Lots. Here’s a recent one #📈futures-stocks-chat message

#💬hangout message

#📈futures-stocks-chat message

[bright shard]

Any suggestions for scalping

I want settings for premium indicators for scalping

[main summit]

Reversal Zones and Smart Trail work well together for scalping, we offer a preset for this 🤝
Would also take a look at #📈must-watch

[forest geode]

$cuminu is launching

[olive trellis]

signal group for major forex pairs please? I'm new.

[sonic raven]

US30

[finite bear]

Good afternoon everyone. I wish us all a profitable trading month.

[indigo copper]

Hello, any idea to avoid ranging market using the indicator?

[main summit]

Avoid a ranging market? Our dashboard is most helpful when detecting ranging or trending markets: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#dashboard-elements

[old crow]

Long the dollar on the non farm payroll? 🤔

[little flint]

i reckon a good one for the dolla

[old crow]

Lets see

[little flint]

beautiful

disgusting pullback

🤮

[old crow]

hold.....it's gonna go...they are baiting you in to go the other way 😹

[little flint]

i am holding son

will let you know end of the trade how many pips i got

out now

[old crow]

They are calling into command central to see if they are guessing rate hike by JP

They are leaning on the hike side

[little flint]

taking day off

[old crow]

LOL

oh we in

[little flint]

161 pips

[old crow]

https://tenor.com/view/joey-batey-bow-little-bow-you-are-welcome-gif-25142469

[rough star]

Can anyone recommend a solid trade copier for trading view through Tradovate. Thanks 🙏

[old crow]

https://tenor.com/view/jon-snow-take-a-knee-got-kit-harington-bow-down-gif-9470652

got my 10

im not jealous of you @little flint , nope

[little flint]

you shouldn't be

[old crow]

https://tenor.com/view/jealous-jealous-panda-i-am-not-jelly-i-am-not-jelly-panda-im-not-jelly-gif-22701787

[little flint]

lol

going for a nap soon then i'm off to a graduate show

[old crow]

graduate show?

whats that? school graduation?

[little flint]

going to an exhibition. it's from games degree (game design, game art, programming) they exhibit their degree work

[old crow]

OHHHHHHHHH cool

https://tenor.com/view/scorpiongamingchairp00pp00p-scorpion-gaming-chair-p00p-gif-18476497

[little flint]

but yeah will test trading NY + London overlap next week

i woke up just when london opened today and markets just sucked

[little flint]

u have no idea how many pullbacks i've been through. from agony to the ecstasy (not the drug, but the emotion LOL) probably 100 times since the news fs

[old crow]

YUP, usually with NFP, the markets just sit and wait, thats where they try to sucker us....

[old crow]

stomach aches

since market close yesterday, those big boys went to sleep and baiting us in.....

they playin' games now

[raw forge]

Was this great win using renkos?

[little flint]

i don't use renko sorry. i traded the news for these

[night lion]

@old crow with Breaker Blocks, what does the “enable TP” do?

I see it adds a couple horizontal lines to chart , but don’t know what it is

[old crow]

Im confused, breaker blocks doesnt have any settings for TP

the entire PAC doesnt have any TP settings

are you thinking about the Signals/Overlays auto TP and SL ?

[old crow]

oh you mean the free version

[night lion]

It doesn’t seem like take profit in this case

[old crow]

those are Take Profit levels after signal fires off

[night lion]

It’s breaker blocks w signal

[old crow]

https://www.tradingview.com/script/1owp3WD0-Breaker-Blocks-with-Signals-LuxAlgo/

Here is detailed description on those take profit levels

[night lion]

I added it up the chart with PAC premium & Range Sentiment profile

[old crow]

This was taken from the TV indi description, you can read up o that section

[little flint]

saving this for later 🍿

[old crow]

u get the pumpkin emoji today

🎃

[little flint]

https://tenor.com/view/google-gif-25414271

[indigo copper]

Hey @old crow , what is your personal strategy using algo? You seems didnt use the PAC, did you

[versed trout]

Ticker $ NEPT small float. Squeeze is easy 🏆

[old crow]

Take a look at the post and several after that with charts.

And this Lux strat video https://youtu.be/vpSjJpCpwSE

[old crow]

DXY (dollar correlation) - Original direction with the NFP news release was bullish on the DXY, then hard reversal on us (they tried to force traders to reverse our positions on other pairs), then on NYSE open, they slapped us in the face and hard reversal back to the original direction based on the NFP news. I called this in the forex chat before it happened. These market makers trying to make fools of every retail trader 😹

#💱forex-chat message

😡

[old crow]

Gold and DXY, 15m

When Dollar goes up, Gold goes down

Negative correlation for the most part

DXY vs the USD/JPY - UJ will be bullish when DXY is bullish. USD is the front currency of the USD/JPY pair

DXY vs EUR/USD - So here USD is the back currency of the EUR/USD, so EU will head bearish when DXY Bullish

[old crow]

☝🏼 LuxAlgo candle coloring ☝🏽

That's the secret holy grail

[inner thorn]

[torpid gyro]

A flat Trend Catcher line is proving to be an excellent indication as to when NOT to trade!

[thin trail]

100%

[strong zephyr]

Can some one help me with 40% code off for yearly package upgrade or is any lifetime membership offer is coming back

[torpid gyro]

Is there a way to move the new S/R strength levels closer to the chart (move left)?

[old crow]

Refresh your chart and it will line up properly, what you could also do is leave your chart the way it is right now don’t move it around but change your time frames to a different timeframe and come back to your original timeframe and that should set this up properly for you

[old crow]

Final Gold in the books for the week

SPX

[sharp ferry]

How to set up alerts in the new Swing Volume Profiles indicator setting?

[hollow anchor]

Too many indicators has cause me problems

[old crow]

Simple chart works best for me

[little flint]

plot twist: @old crows charts

[old crow]

OMG

[uneven bay]

That’s some 200 IQ play right there, thanks for sharing

[indigo saddle]

there is no better visual trend color combo than LUX as Micky pointed out. If you are for example even adding one 3x or 4x higher time frame "experiment" with what matches your own fit you will often capture those "trend waves" on the shorter term time frame so for example a 15,/60m or 5m/20m etc with greater than 70% win/loss and I been conservative, usually 80%+ but obviously mark any sideways horizontal range and move onto another pair if there price is stagnant or can still scalp as long as there is room between one support/resist level to the other and lower time frame for example, scalp 1min /5min/10min as your narrative...there are so many creative ways to capture those "trend waves" based off the visuals LUX provides and even adding some SMC without going into lengths and not necessary but say coming off an hourly O/B and getting a 15min LUX buy and then looking at the shorter term to refine the entry with the visuals for example say using the smart trail , trend tracer, trend catcher as a powerful combo in the direction off support or resist from the higher time frame narrative or the higher time frame trend color and just nibble away from very high probability pullbacks going with the market flow and always looking left to be cognizant of your next support/resist areas.....

Just my 2 cents fwiw !

[gilded cloak]

Thanks for the post and vote of confidence. I scalp NQ on the 1 min and had been using 15 min for confluence but might move it down to 5 min and see how she does. Just looking for 10-15 pt moves in my favor with tight stops just above/below the red/green HA signal candle base. I figure a trade should work in my favor fairly quickly after entry or it wasn't meant to be so want out in that case and on to the next. I could be totally wrong though too lol

[old crow]

Morning or goodnight everyone

[finite bear]

You don't need all the indicators on your chart, just keep it simple

[finite bear]

What is this?

[old crow]

he was playing around. Not my real chart 🤣

A display of most of the LuxAlgo oscillators

[finite bear]

I see

[old crow]

I can’t wait for the new Lux oscillator soon

https://tenor.com/view/sad-pablo-lonely-alone-gif-12928789

[finite bear]

YEah. When is it coming out?

[old crow]

Not sure, but I feel it’s coming soon 🤔

[finite bear]

Okay.

[boreal pike]

can you edit the scanners to show specific pairs only

[torpid gyro]

I scalp the NQ on a 3-min chart. Tried 1-min and it didn't work well for me. 3-min chart for the first 90 mins of the trading day seems to be my sweet spot.

[gilded cloak]

I can see that. Any setting or indicators you use specifically? I'm going for 10-15 pt scalps using HA candle color changes with smart trail, trend catcher and stochastic oscillator in my favor. Look to 5 or 15 min for confluence only on normal candles and stochastic oscillator to confirm trend.

[warm flame]

🙂

[pseudo halo]

Here is a strategy with decent RR that I have been using for the last few months with promising results: 1- Plot a 34 EMA High/Low indicator on your chart, (Blue channel). 2-Lux Legacy Overlays indicator(free version) with auto trendline selected. 3- Reversal Zones. During active market hours, wait for the price to break the 34 ema channel. Trade only in the direction of the auto trendline. Use the reversal zones to take profits. (Re-enter when price reverses back to the channel). SL is when price closes in the opposite of the 34 channel. Again, only trade during active hours.

[indigo copper]

Does anyone trade with 1:1 RR? I try some backtest using 1:1 with a few strategy, turns out, the win probability increase, often above 50%, which make the strategy is profitable when using the 1:1 instead :2 or :1.5, any thoughts?

[thin trail]

love it! very nice combo

[lyric steppe]

Hey Guys, New to Lux Algo. I was just wondering what Length to use on the Lux Algo Oscillators for MACD and Stochastic. Can one Value be Used for all time frames?

[old crow]

Hey there, welcome. Yes one value can be used for all TF’s

[old crow]

I like default myself

Is it Monday yet ⭐

[gilded briar]

Quick question: Heiken Ashi vs Jap Candles? Which of these will give you a better noise filtering?

[main summit]

Would see here 🙂
https://youtu.be/G04WlDX1x34

[old crow]

Japanese created most of our candlesticks, smart folks indeed. I’m bias towards HA myself (sssshhhh) on trend momentum based templates. But traditional regular (Japanese) candlesticks provides optimal data levels for PAC

[bitter steppe]

How you mean only trade during active hours?

[oblique gorge]

If your using smc you need to use regular candles

[fringe leaf]

What’s the best length for internal structure please?

[old crow]

#🧠core-lessons message

Just depends on what you like...

[fringe leaf]

Ok i will see

[old crow]

I like the default settings myself

[fringe leaf]

I testing number 3 I will see what is the best

[old crow]

Anyone taking any Sunday trades ❓

[little flint]

just you lol

[old crow]

[ocean flame]

Whats that purple/white line indicator on the main chart ?

[old crow]

Trend Tracer, I just changed the visual settings from "+" to "line."

[little flint]

you took 10 pips yet @old crow ?

[old crow]

LOL, naw, I was watching "Resident Evil" TV Series on Netflix instead

[little flint]

but it's a bad series lmao

[old crow]

Yeah, it was alright, not like the movie's, that's for sure

But little after open, it did trigger for a short 10 pips TP so far...

dang

[old crow]

Here's TSLA, looking for this pullback to flip back to the long bias soon 🤔

[uneven otter]

Hey.

I just bought a month of the premium and I’m very confused.

Some of the indicators, like the luxalgo premium one for example, is still locked for me on TradingView.

[old crow]

Did you try refreshing TV or restarting TV? Then go to your Invite Scripts

[uneven otter]

I did, I’m on my phone right now and I restarted the app and it still hasn’t worked

When I try to add them to my chart they do apply but I just get a red !

[old crow]

Invite Script

[uneven otter]

Yes the luxalgo premium script

[old crow]

Go to your Invite Script TV tab

[old crow]

Go to your “Invite Script”

[uneven otter]

All I got bro

[old crow]

That’s it

You got all 3

[uneven otter]

Why are there still some that are locked?

By luxalgo

Are there like different tiers of subscriptions you can buy or something

[old crow]

The Backtest will be locked as that is beta for previous Lifetime subscribers

https://docs.luxalgo.com/getting-started/setup-tradingview

[uneven otter]

Ah, got it

Thank you they’re working now lol.. sorry for coming off a little strong

I do have another question real fast

Is there any way I can get access to this indicator?

How do I get it though?

Is it not available to me?

[old crow]

It’s in the settings of PAC

You have it. Invite Scripts. You already showed me your screen shot that you have it

[uneven otter]

Oh I got it

Thanks

My bad, I found it

[old crow]

Please go through these:

#🧠core-lessons

#📈must-watch

#🔊announcements

[uneven otter]

I’ll do that not, thank you

I appreciate all of your help

[old crow]

🌄 Morning

Handful of news in about 1-2 hours

[old crow]

Gold

[old crow]

DXY dollar index dictating pairs

[torpid gyro]

I use 2/5 but I am still working to find the best settings for a 3-min chart. So far, 2/5 is working well for me. I don't take a lot of trades. I only trade the first 90 mins of the market open unless I see something that I simply can't refuse.

[warped nova]

@old crow does this indicator repaint?

[main summit]

It's pivot based so naturally won't be realtime
All information on it can be found here: https://www.tradingview.com/script/BEUgu3o1-Pivot-Based-Trailing-Maxima-Minima-LuxAlgo/

[warped nova]

thank you much

[grizzled mesa]

Hi Micky, Why trend catcher is different color in my similar 15m plot.....I have HA and same settings

[old crow]

Change your colors in the style settings to any color you like.

[old crow]

Do you have extended hours turned on?

[grizzled mesa]

No

no EH enabled

[old crow]

Turn it on, extended hours matter

[old crow]

It’s important to me because there are trades and price action that are occurring during after hours

Hope this helps

[grizzled mesa]

I enabled EH but it's still green for me on 2nd June ~12pm...

yours showing red patch...how it could be different for same settings

[old crow]

screen shot?

[old crow]

mark which candle? 12pm NY?

or your time?

[grizzled mesa]

you see a red curve around 8:45am candle

I have green flat line for TC at 8:45am

Los Angeles Time

UTC-7

but it's 11:45am in your chart

[old crow]

OK, in cases like this when both settings and TF are the same, not indicator issue, but data issue, there are several data sources for TSLA. Are you using the main one from NASDAX exchange itself?

[grizzled mesa]

yeah from main NASDAQ exchange real time

[old crow]

hmmm, not sure..maybe yours is correct and mine is off? or vice versa.....

maybe the amount of back data loaded?

[grizzled mesa]

okay maybe Lux admin can help here....

[old crow]

Like I mentioned, I dont think it's Lux indicators if both of ours is the same. What is your TV plan? might be historical bars allowed on each TV plan?

[abstract light]

So I’m just tryna understand better, for this to be like an A++ setup, the green arrow would of had to print when we break above the red or would you still go long at the print of the strong bullish signal

[old crow]

what is that red cloud? smart trail?

That red smart trail gave you a clue that any "long" trades are to be cautioned here....

[abstract light]

Okay okay, makes sense. So like a risky long, and sorry was tryna see what setting I have it on. I am pretty sure it’s just the preset one with midterm auto pilot sensitivity

[old crow]

Yeah, red Smart Trail on that 5m, is telling me, not yet

Even though the market is bullish, but on the 5m, maybe no long entry yet...

Major markets (S/P) still up with the Dixie lower

LuxAlgo Candle Coloring works on crazy crypto's as well

SPX as well

Candle coloring and dashboard gives you a better chance at this game

[abstract light]

Sweet thank you. So it’s a good idea to look at the higher time frames for more confluence on a trade?

[old crow]

OH YES, for me, its the only way

[old crow]

EU stalled out

same with XAU

ES Mini's looking strong

What about the Lux Spider Chart of BTC 🕸️

[grizzled mesa]

@ Micky - I am new and one basic question I struggle is that most traders here including you trade futures vs stocks/SPY/QQQ.. why is that? Does stock/etfs gives us same leverage & profits using Lux indicators or it’s better to trade futures..

What characteristics I should look in a given stock or ETF to select for day/swing trading using lux

[abstract wedge]

The 15min chart has not confirmed any entry. Does it mean not to trade until there's a signal to buy or sell

I'm not sure how to use it for confirmation if I'm using a lower timeframe

[old crow]

Trading is tough, not easy, thats for sure. Took me years until it clicked for me. You just have to learn the ebb and flow of the asset your trading, and then set your TP and SL accordingly

[old crow]

Yes, trade in the direction of a higher TF, is the best advice I can give...

[abstract wedge]

thank you

[swift coyote]

@old crow What instruments do you trade?

[old crow]

FX

EU UJ mainly

[swift coyote]

Nice

Do you guys trade funded a/c?

[old crow]

Many do, but not me

[swift coyote]

Are you full time trader?

[old crow]

Yes, but there are a lot of part-time trainers that are highly successful

You don’t need to be a full-time Trader to earn full-time income

If you have good trade management, it does not matter if you’re full-time or part-time you will be successful either way

[swift coyote]

👍

Anyways, I work from home 🙂

[outer matrix]

Protect The LuxAlgo Team at all cost. Not sure how others trade but man without LuxAlgo they are in huge disadvantage - just saying

[old crow]

Perfect scenario

[grizzled mesa]

I have got Pro+ plan on TV

[old crow]

Im not sure at this point, I have the higher plan, but that shouldnt make a difference, I dont believe. I dont think its Lux because the indicators work for both of us, so not sure 🤷🏻‍♂️ I wouldnt worry too much....because yours might be better?

[grizzled mesa]

Thank you!

[drowsy crypt]

What indicator is this?

Does it work with ES?

[little flint]

spiderman's indicator

https://tenor.com/view/spiderman-gif-21558708

[old crow]

https://www.tradingview.com/script/9K34g20s-Normalized-Oscillators-Spider-Chart-LuxAlgo/

works with all assets

[grizzled mesa]

Wondering if 'Extended hours' are recommended to keep ON for day/swing trades for the assets i.e. stocks/ETFs? If yes, how it helps in the regular trading hours?

I played around and observed change in the position of buy/sell signals, TC color etc...Hence I was wondering what's more accurate for day/swing trading?

[old crow]

Doesnt' hurt to keep it on, right?. More data, the more precise your charts could be? If given the opportunity to view all after hours and regular hours that are traded, versus just regular hours, I would chose ALL after hours and regular hours for sure. It can only help....

If you dont turn the extended hours on, your charts will have the potential to have opening gaps, when in reality, the real gaps could be smaller. or non existent

Why close one eye, when you can see better with both eyes?

Up to you, really 🤷🏻‍♂️

[grizzled mesa]

Thanks for the insight, Very helpful. Just observed SPX we don't have an option to enable EH is it expected?

[old crow]

Here is TSLA, top chart has extended and regular hours. Bottom chart is only regular hours. I circled the bottom chart the places where I see gaps. There's more, but just wanted to circrle some for examples. Looks at the top chart, not many visible drastic gaps like the bottom chart.

[old crow]

I dont trade SPX, so I am not sure why TV not able to show extended hours, as you could trade SPX after hours if your broker supports it. But on TV, I would use ES1! instead for "electronic hours"

@deep trout

[grizzled mesa]

ES1 instead electronic hours? I don’t see an option for ES1

[old crow]

I will wait for the master to wake up and set us straight on this

[old crow]

ES1! is the S&P Futures contract

ES1! is the symbol of the ES Mini Futures for the S&P (SPX)

[drowsy crypt]

Ty!

[deep trout]

Spx can only be traded 9:30 to 4:15, the extra 15 is if you have cons that are 1 dte or greater

Es1 is the same and follows Spx and spy

[swift coyote]

@old crow where are you based?

[drowsy crypt]

Looks like most of the LuxAlgo indicators are available to anyone. Am I wrong?

[old crow]

usa

[old crow]

anyone who subscribes

[swift coyote]

Where in USA? West coast?

[old crow]

want my address?

😹

[true robin]

Ill take your social too 😜

[abstract light]

🤣🤣🤣

[drowsy crypt]

There are a lot for just trading view subs also.

[swift coyote]

City, should be good 😄

[old crow]

from kansas city

or detroit

or jersey city

or LA

pick one

[abstract light]

Lmao

[old crow]

seriously

[swift coyote]

It matter, how close you are 🙂 for a drink

[old crow]

this is not a dating site, its a trading group with LuxAlgo

[swift coyote]

Ok.

[hollow anchor]

dope like this

[old crow]

This is what this group is all about, nothing else....

[little flint]

asl pls

[old crow]

Gold

[swift coyote]

Alright

[swift coyote]

You from 90s

[little flint]

yea boy lmao

[swift coyote]

https://tenor.com/view/lmfao-laughing-gif-25145562

[little flint]

i'm that old its bed time for me

[glossy vortex]

just got in , hello all!! 🙏

how are you guys backtesting any strat?

i assume the beta is closed.

[lament jackal]

What’s the length of your Stochastic ?

[finite bear]

I'm a swing trader and I set my Stochastic to 50, I don't know about you scalpers. If that answer your question.

[lament jackal]

Thanks , it’s interesting. Trying out different settings myself to get my head around it

I think he’s using default settings “ 17 “

Anyone knows where the settings are to make those bearish and bullish purple body candles to have the borders and wicks purple as well instead of red and respectively green ? Can’t find it for some reason

[finite bear]

Go to styles and scroll down, you will see the BAR COLOUR, that is where you change the colour to what you want

[lament jackal]

Yeah I did change to purple Color 2 but it’s still keeping the borders and wicks on red and green instead of purple. I see Micky having full purple candle , I’ll keep digging. Thank you

[signal wagon]

Hello buddies So do you trade by Signals and Overlays? Are you profitable?

[eternal shore]

Go to TV settings. Symbol/ uncheck Borders.

[frozen sand]

@naive root this is it

[lament jackal]

Thank you so much 🙏

[old crow]

17

[lament jackal]

Yes , thank you. I realised it right after I asked that it’s default. Your chart looks nice 👌

[old crow]

EU, Nice moves during Asian London....

UJ goes the other way from EU, most times....(dollar index correlation)

[frozen sand]

Sir, should look at GJ. its banging

[hollow oriole]

i did good on JNJ shout out the live stock scanner

[old crow]

London closing, how did everyone do on real or demo/paper trade?

https://youtube.com/shorts/j6n_G0LmjBw?feature=share Anyone use this simple PAC strat? Looks good....

[tardy lotus]

I use this for confluence

[old crow]

Nice......looks like you got a nice move

[old crow]

Current situation on the Dollar Index ahead of NY closing hour, power hour

[deep trout]

what? this is news to me

[old crow]

[coarse kernel]

hi guys

[old crow]

hey hey!

[old crow]

Here's a tip, not sure if would help some here. Lux candle colors does most of the work for us, that is why I keep my indicators to a minimum.....

☝🏽

[torpid gyro]

I have been trading stocks for over thirty-five years. Three years ago I decided to add futures trading. I lost a fortune and felt like everything I tried turned to crap. Then I was turned onto LuxAlgo. After some time working out my system, I have been killing it for a couple of weeks now. I know I wont always have a 100% batting record but...

[old crow]

NICE

[stone jackal]

car to share ur system?

[heady fog]

[halcyon orchid]

guys i have a question, i was backtesting with PAC indicator and found out Premium and discount zones actually repaints? i mean zones change even if price doesnt break any of the zone, is there any parameter that has to be set in order to the actual premium and discount zone stay at a specific TF until price breaks?

premium and discount zones are not supposed to change unless there is a change of TF or price breakes through

[old crow]

Yes those are the most recent swing structures. The highs and lows of the most recent swing structure. So when price pushes higher or lower at these levels, the Premium and Discount zones readjust to the most recent swing structure. The equilibrium is actually the 50% fib level of these Premium and Discount zones. When these readjust to a new swing structure, the indicator will delete the previous structure for visual clarity. Of course the indicator could leave all the previous structures on the chart, but that would be very cluttered and a disservice to your chart analysis. Hope this helps.

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

[twin gull]

congrats, whats your system if i may ask?

[barren skiff]

be nice if you were able to shar eyour strategy mate

[tough goblet]

I'm still struggling with Micky(Lux Pro)'s system of HA candle red/green buy/sell. Keeps reversing on me and taking me out of the trade. So far not able to catch any of the longer trends. I will keep trying because I do see (in hind sight) that it can work.

I do have to say that his "10 pips and I'm out" may be the answer.

[night lion]

Looks like after the EQ, most times a break of structure works too

[old crow]

Good morning with DXY bearish before NYSE open

[old crow]

Another news push in 5 minutes 🤷🏻‍♂️

[old crow]

GBP/USD

[hidden moss]

Is this a continue uptrend ?

[old crow]

Dollar Index wants to push bullish, so cable in theory should be heading in the direction of the USD side of the pair...

[full tide]

hi

[hidden moss]

👍🏾

[torpid gyro]

I am happy to share my chart. Indicators are simply used to help support the traders intuition concerning price action and what will hopefully come next. Unfortunately, that is not something that can be taught. There is no "one" reason I take a trade. What I have found is that each trader must work out their own "system" (intuition). This should be done in a demo account for a long time until the win rate consistency is at your desired level. Then move to trading one micro contract live and see if the consistency matches your paper trading. The reason it may not match is because emotion has been added to the equation (real money). I wish I could offer you a more "system" oriented answer. https://www.tradingview.com/chart/fL1pCb2S/

[torpid gyro]

I am happy to share my chart. Indicators are simply used to help support the traders intuition concerning price action and what will hopefully come next. Unfortunately, that is not something that can be taught. There is no "one" reason I take a trade. What I have found is that each trader must work out their own "system" (intuition). This should be done in a demo account for a long time until the win rate consistency is at your desired level. Then move to trading one micro contract live and see if the consistency matches your paper trading. The reason it may not match is because emotion has been added to the equation (real money). I wish I could offer you a more "system" oriented answer. https://www.tradingview.com/chart/fL1pCb2S/

[old crow]

https://www.tradingview.com/x/HUH6jNPf/ nifty NIFTY

I trade the EU mostly on the 15m, all I do is watch out for news and stuff, watch my Lux candle coloring with Trend Catcher, and the Lux Oscillators. I go for 10 pips hard TP only. Nothing more, and sometimes less. On this 15m chart past 2 days thus far, my rules played out pretty good. That's it, nothing fancy, nothing too difficult, just my colors and 10 pips

[chilly sandal]

This is what I got when I tried to click on your chart. I'm very interested to see it!!

[old crow]

Lets see them charts

[raw forge]

@old crow You're trading forex right? I've never traded forex. What brokerage do you use may I ask?

[old crow]

Oanda integrated into TV

[raw forge]

Hummm, Oanda is the brokerage then?

I just pulled up a TV EURUSD chart - very clean looking

[raw forge]

I chart with TV and trade w/Ninja for futures and TradeStation for operions

*options

[night lion]

Mickey I’ve seen you say you get out early if the candle changes color.
What if the green candle remains green, but a red wick appears?

[old crow]

the red wick is not Lux candle coloring. you have both regular candle colors and lux colors turned on at same time

I make my wicks grey for both up and down bars.

so that i only see Lux candle color bars

[night lion]

Oh my, I need to definitely do this!

[old crow]

Once you make your wicks grey or some neutral color for both up and down bars, then you can see Lux trend candle colors without any distractions to mess with your head

[night lion]

How about the green candle that’s outlined in red? Same thing?

[old crow]

get rid of the borders

uncheck that

the borders are regular candle bar colors, not lux trend colors

now your chart will look pretty with Lux Candle Coloring only

[night lion]

Are the wicks necessary? Or can it be unchecked?

[old crow]

for me, i need wicks to know where price was...

wicks play an important role in all kinds of candle types and strats, I would assume

wicks and fractals are important with PAC and SMC strats as well

[night lion]

Mickey for my PAC chart, can the wick and outline colors be neutralized, too?

[lament jackal]

Yeah I did that too , helps a lot actually

[old crow]

OH YES!

looks clean

but if your using PAC and not trend coloring bars, then you can make your body, wicks, and outline the same color, still looks good

BUT if your using Lux trend candle coloring, then uncheck body, and wicks grey.

Its all about whats your charts purpose

With PAC, its trading bare charts with no other trend indicators, seeing market structure. your not using any trend colors or trend indicators

[abstract wedge]

Thank you for the info, please how do you use the oscillators? what do you watch out for? Thank you

[old crow]

HUGE question here, so I will defer you to a bunch of links #🧠core-lessons #📈must-watch

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

[abstract wedge]

Thank you

[old crow]

no problem

[night lion]

Here’s my PAC 15 min chart for US30…
Can u identify anything that’ll make the chart more effective?

[little flint]

it's ranging atm

[old crow]

If I were to trade SMC PAC, I would also have a higher TF for the OB’s so that my lower TF OB entries coincide with the higher TF’s OB’s

[lunar finch]

agreed

[old crow]

Just a simple PAC strat

[lunar finch]

I only use Obs and FVGs on large TF

[night lion]

Large being 1HR?

[old crow]

PAC or SMC has a million concepts with its own strategies. So I wouldn’t look for all of them on a chart. Pick 1 or 2 concepts, and that’s it, wait for that concept set up and that’s it

[lunar finch]

yes. 1-2-3-4-day-week-moth

[old crow]

The Lux Breaker Block strat I do like. Simple. Huge write up and description on the TV indicator page. Lux wrote out the entire breaker block strategy for us

The breaker block strategy is nothing new. For the traditional trend charts, like my Lux candle color chart, it’s actually the pull back continuation entry trade

[night lion]

That’s nice, something more simple to implement so I’m not all over the place

[old crow]

Now this is what you can do with my simple Lux trend chart. Add the Breaker Block Alert indicator

Now it’s

[night lion]

Wow ok I’ve had it on that PAC chart

[night lion]

You mean the one with signals?

[old crow]

PAC is awesome, it’s a suite of a lot of features and concepts of SMC ICT. You don’t have to turn on all these features. Pick 1 or 2 you like and that’s it

[old crow]

Yes the free version. Or you can use PAC and turn off most features and leave the breaker block on. Same thing

Strip down your chart and make it stupid simple.

Then your brain won’t be all over the place

We are not trying to impress others with fancy charts. We just want to make our charts work for ourselves

[little flint]

cough cough ☝️

[old crow]

spiderman

[night lion]

@old crow and just to confirm, your autopilot is on Short or Medium?

[old crow]

short

Regular candlesticks, lux trend color, trend chaser, trend catcher, PAC breaker Blocks turned on only

look how that breaker block played out for the re-entry on this short move on the eur/usd 15m

add some Lux oscillators to confirm the move

https://tenor.com/view/bow-take-a-bow-caryanne-gif-24865851

🤣

well, you get my point....

LOL

[median mauve]

Yo was this gold?

[old crow]

EU

[median mauve]

Check forex chat on my gold chart real quick

Price action craaaazy

[old crow]

gold should have a similiar breaker move, let me see

actually, looks like gold just dumped and never tested a pull back breaker block.

[median mauve]

It tested 1D levels brother. Sorry forgot to mention

You guys indicators are OP with the right confluence

The red box is a zone price tested off of 4 times. As you can see lol

[old crow]

If I were to trade gold, I would scalp on 5m on my chart. I like gold on my simple Lux chart on 5m, always

because gold behaves different quickly versus currency pairs

Gold has alot more waves within 15m candles, versus a currency pairs waves

thats just me

but i dont trade gold

i like the boring slow stuff

On EU, if I made the wrong gamble, it wont hurt/rekt me, I have enough time to close out for small loss

[raw forge]

@old crow How long are you "mostly" in a currency trade?

[old crow]

depends, i ONLY take 10 pips TP. so it could be one or a few 15m bars, or if im stupid, ill take an entry during Asian session, and my 10 pips TP could last hours and hours and hours.....

[raw forge]

Good to know!

I could live with 10 pips

Now you got me looking into forex

[old crow]

originally, i was doing a 5pip TP strategy with a much high win %, but I got greedy, LOLLLLLLLL

[raw forge]

yeah, greed.... and fomo

[old crow]

Love my simple minded Lux chart

[raw forge]

I LOVE simple too! I'm trying to reproduce your chart.

That first (in the middle) oscillator. Where do I find that?

[old crow]

Here's my other simple strategy (much simpler, but I don't suggest it) = Take entries on Trend Catcher flips only. foregt about candle color or whatever. Just Trend Catcher. Keep taking these flip entries until I get my NET 10 pips for the day and shut it down. Lets say your first Trend Catcher flip is a loss, then reverse the position. Keep doing this until my net is 10pips+, thats it.

This is where trade management needs to be sharp, to move my SL to BE quickly

[raw forge]

I would rather get my 10 in 1 trade and do that a couple, 3 times/day

don't know what comms are w/forex

[old crow]

LuxAlgo Oscillators Premium Advance mode

[raw forge]

Ok, got that. What settings do you use on this one?

[old crow]

Trend Catcher flip strategy. Turn off candle colors, use high/low candle type so theres no visual bias messing with your head, because we are just using Trend Catcher.

[old crow]

default

[old crow]

Same concept, but with HA bars, and turning off Lux candle colors, and turning off HA candle colors.

now we concentrate on Trend Catcher only, nothing else will mess with your head

London closed its' doors, day is done

1m DXY NY session

looks easy right? LOL

1m EU

[lunar finch]

look at spy 1 hour. you can see it bounced off at FVG level

[thin trail]

https://twitter.com/luxalgo/status/1666485508271136781?s=46&t=dXikksDHAvQw_tEe0XuOLQ

LuxAlgo (@LuxAlgo)

Once we reveal our new v6 premium oscillator...

You will never want to use another underlay on your chart ever again.

100% up to par with our other 2 premium indicators.

Are you ready? 👀

Twitter · Jun 7, 2023, 4:41 PM

[little flint]

https://tenor.com/view/kevin-hart-its-about-to-go-down-calm-before-the-storm-gif-4420127

[old crow]

https://tenor.com/view/john-cena-ooh-covers-mouth-oh-snap-oh-shit-gif-16430536

https://tenor.com/view/billy-madison-today-hurry-up-go-ahead-come-on-gif-19105502

[thin trail]

we're getting it ready, its been finalized pretty much 🙂

[little flint]

we have an ETA?

[old crow]

ask that a few more times...

😹

@little flint Here it is

[little flint]

love it

[old crow]

Im refreshing the LuxAlgo TV script profile page every 30 seconds.

[elfin sphinx]

Can someone explain the (x) value definition? For the example (2) BOS, does that mean that the downtrend is getting exhausted potentially, or is it the uptrend?

[old crow]

an area that you could take profits, exits, take partial, exhaustion area, caution area that the move might be exhausted/over/ranging

[timid bison]

hello, new member - i was told there are different strategies shared here in the discord but i don't see them

[queen canyon]

Same

[old crow]

they will be scattered in the respective rooms posted by the members, crypto, futures, stock (there's some pinned strats in this room), fx etc

Just have to follow along the chats really to know what each trader is using....and if you ask and engage other members, they could share....

BUT, the Lux short videos are great with many PAC concept strategies

and Signals/Overlays strats in these short Lux videos

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

[abstract wedge]

Do you also suggest a 15m TF for an instrument like the Nasdaq futures? Thank you

[old crow]

Futures a different animal. You are up against a limited time slot that differ in intra day margins vs overnight margins. If you made a great entry that is correct, your trade might be headed into after hours and you may get closed out by broker due to in adequate cash account to cover the overnight margins. So there’s a lot of other factors involved with futures other than the leverage. But when I used to trade futures, I would go lower than 15m due to these factors that I am faced with.

[timid bison]

is luxalgo premium not a thing anymore?

or did something replace it?

[old crow]

Still the best “thing.” It is now called Signals and Overlays

[placid bough]

Hey Micky, would you be able to share forex scalp strat again please? Can see the post it self.

[old crow]

#💬hangout message

also you can follow along this thread

#💬hangout message

[stone bronze]

So, got a bunch of videos to watch & stuff to learn.

[timid bison]

what happened to the optibot settings?

[old crow]

#🔊announcements message

this release announcement details the upgraded version

[old crow]

Good stuff, I always ALWAYS rewatch the Lux "Short videos"

[ionic estuary]

@old crow , I hope the new v6 oscilator stoch doesn't change to much, it's a main component of your chart..

[stone bronze]

I have seen this a bunch of time. Never really gave it a chance. Heard Johnny Bravo mention it a few times. Thought, well. Maybe something is telling me to try it out.

[placid bough]

Thanks legend.

Do you know what the basis of change colour is for trend catcher and candles?

[old crow]

I dont think it will disappear, they will move it to the Legacy if they need to, my guess...

[old crow]

I can guess at it, but the folks at Lux mentioned that it is proprietary secret undercover agent stuff....

[placid bough]

^i just read the docs. Says algo hahahha i was trying to justify why i should use them as confluences (volume rush, order flow etc) hahaha

[old crow]

I guess you dont have to, if it doesnt fit with your strat...as long as your banking on your charts, that's all that matters....

[placid bough]

Sorry should’ve been a bit more clear. Like psychologically knowing why the candles and trend catcher change colour would be a bit more beneficial to justifying to myself haha

@old crow just caught this short now too based on one of your strats of just using trend catcher

[old crow]

nice

[ionic estuary]

I hope so, that's the normal mode of operation 'if' its get depreciated

[old crow]

careful, NY is done, heading into dead zone for a bit

[old crow]

I never discount the Legacy stuff, take a look at the bottom 2 oscillators, just as powerful...

Hint, take a closer look at the bottom one, the Normalized, and compare that to the others....

https://tenor.com/view/youre-welcome-gif-25058970

Normalized zero line crosses. Easy 10 pips. Take it to the 🏦

[ionic estuary]

Thanks 🤘

[glossy vortex]

trend catcher - I think it’s some tweaked version of ATR

[timid bison]

how do we get access to the backtester?

[obtuse creek]

Hello there! 😀 The backtesting beta is currently in closed to the public. However, we plan on a full release in the near future.

[sacred grotto]

Hello @obtuse creek ,I wanted to ask you if the new Swing Volume Profiles indicator can be set with the time because I did not understand when the new profile updates

[frozen sand]

New oscillator 😱. On Run. Waiting…….

[timid bison]

is there any way to add a 50 trendline on the ultimate stochastic rsi oscillator?

[thin trail]

coming very soon, prepping the release 👀👀

[grizzled mesa]

What's your scan criteria for scanning the winning stocks? Please share some insights

[little flint]

#📈stocks-futures-chat

[lavish berry]

What happens when i pause my subscription??? Does it extend my subscription for the number of days i pause it for?

[frozen sand]

Can Forex people print more PIPS outta that? 😂

[sacred grotto]

Hello @vagrant crater ,I wanted to ask you if the new Swing Volume Profiles indicator can be set with the time because I did not understand when the new profile updates

[glossy vortex]

Hey how are people backtesting strategies for LUX indicator/ overlays etc with any asset?

I know the backtesting beta is closed but any workarounds?

[heavy helm]

Hi all

I am struggling with reading the indicators

Is there any deeper videos to watch ?

[finite bear]

I will suggest you go through lux videos over and over again.

[heavy helm]

Ok

[scarlet gulch]

I started to play a bit with pinescript to create a strategy using a luxalgo indicator. that one you can backtest then. takes a bit of coding but generally works.
unfortunately I didn't get yet to build also the DCA into it which would give the actual plan 😄

[little flint]

https://tenor.com/view/google-gif-25414271

[little flint]

replay button does wonders

[glossy vortex]

😆

Excellent advice! Thank@you

[main summit]

When you pause, you lose access until you resume, it’s so you can take a break: https://docs.luxalgo.com/faq#how-do-i-pause-my-subscription

[main summit]

Our videos can be found in #📈must-watch 🙂

[heavy helm]

Ok

[severe herald]

I heard theres a new oscillator coming 😄

https://tenor.com/view/valentines-day-son-happy-grandson-gif-24904406

[worldly pendant]

Crazy. Got access to great indicators but zero idea how to properly use them. This discord evidently is for traders who already know it all. Does anyone do detailed deep dives into strategies using these indicators or are we just suppose to figure it all out ourselves?

It's that or I'm totally missing were this information is and if so I'm sorry

[severe herald]

#🧠core-lessons ^^

[main summit]

Not necessarily 😅
There are some pros, not naming any names, though many are in the same boat as you!
I can recommend a few resources, mainly strategies - you can also take a look at both YT channels
https://youtube.com/@GeckoTrading
https://www.youtube.com/luxalgo
As well as full documentation covering all the indicators and their features 🙂
https://docs.luxalgo.com/
Within some of the chats also are shared strategies from users themselves, and it doesn't hurt to ask 🙂

[worldly pendant]

@main summit thanks man

[old crow]

Morning or goodnight

[main summit]

Afternoon 🙂

Just

[finite bear]

Good afternoon

[hollow oriole]

good morning from the west coast

just made 114$ im loving this algo so much \

[old crow]

Only the boring 10 pips for me, early in Asian session, thats it, took a much needed longer sleep

And I know the questions I am going to get, and all I can say is, there were other factors and it was Asian session....

🤌🏽

[cloud finch]

is there a way to set an aleert for when price enters a premium/discount zone with price action concepts

[shrewd yew]

heyoo everyone. New here.

[old crow]

https://www.tradingview.com/i/qWiz73Pz/

Also the Dollar index correlation with most currency pairs, and gold etc...https://www.tradingview.com/i/H8wyplLT/

hope this helps a few here....

[fresh fable]

gm - any reason why exits are not denoted on the chart at all times?

[old crow]

what did u mean by this?

meaning there are other exits you see, but the algo not printing?

[fresh fable]

yep, the green squares have exits printed but not after the other signals to the right

i assumed all and each signals has its own exit printed

or multiple exits

i want to create alerts on exits, but noticed not all signals produce them subsequently

[old crow]

OK, these printed exits are suggested areas of exhaustion, exits, partials etc....they print based on a set algo rules/code. If the chart does not trigger these exact rules or algo codes then it wont print. I do not use these signals, as I turn them off, because I want to analyze the chart on my own, and make my own decisions to enter and exits. Signals make me stupid and clouds my head. Without signals, I am forced to read and analyze the chart on my own. This, no one can take away from me.

[fresh fable]

Thanks

[old crow]

If you want to use alerts on the most set-ups, then instead of using signals for alert triggers, what about using other features like, trend tracer, smart trail, bar color etc? these will give you precise alerts ....

[old crow]

A new look with Lux oscillators, I'm bored as Im waiting for V6

[little flint]

the legend says, the more indicators you have on your chart, the more success you have

[old crow]

OH, I got that template too...where is it?

it's nice to have an osc that helps with the pullbacks re-entries.........

come on VeeeeeeSixxx

[fresh fable]

thanks micky, i'll see what works best for my needs but thanks for the additional suggestions ✌️

[old crow]

Cant decide which Lux oscillator I want to keep, help me out @thin trail

[torpid gyro]

Advanced!

[old crow]

Yeah, that will stay, gives the trend and the pull backs

[little flint]

the new one coming out

this one

[thin trail]

this @old crow 🤣

[grizzled mesa]

One basic question for blocks: Why the blocks are created at different price levels for different TFs when as the institutions might have placed the buy/sell orders at the given price level then why it changes with TF?

[little flint]

you answered the question yourself: different TF's

[thin trail]

yea it'll always be different on separate timeframes @grizzled mesa as there are different price variations / volume in a technical sense for the script to calculate what it estimates as order blocks

[grizzled mesa]

When buy/sell order came for a given price level then why it changes in time? It must be related to price irrespective to TF

[thin trail]

you can use the Multi-Timeframe feature though to ensure order blocks are always for the same timeframe no matter which timeframe you look at

https://www.youtube.com/watch?v=ZqWG01jj68Q

[grizzled mesa]

Should we consider higher TF blocks as S/R levels while trading at 1/4 or 1/3 TFs or blocks from same/lower TF?

[old crow]

Using higher TF for lower TF entries is always the safer route. But the actual TF’s to use is up to you. I use 1H and 15m

[thin trail]

Hey @thin breach wish you the best! Just don't tag @ everyone please 🙂

[steel flint]

hi is there any guidelines for using these indicators? been trying to find myself strategies but havent really found them

[thin trail]

Hey @steel flint - we have 2 large overview videos on our main 2 premium indicators here:

https://www.youtube.com/watch?v=wIJgI1905aA

https://www.youtube.com/watch?v=WuEaLfeiz20

as well as many short idea videos in #📈must-watch too

[grizzled mesa]

Thanks. You have been a great help!

[nova narwhal]

Order blocks FVG and trend tracer is a magic combo 🤌

[vale sluice]

can't wait for the new ultimate LuxAlgo Premium Oscillators..

[old crow]

https://tenor.com/view/mr-bean-mr-bean-bored-waiting-gif-16962141

Interesting 🤔

Adjusted settings for FX charts

[hidden chasm]

Hey micky, hope all is well man, what is that bottom indicator? Caught my eye and I’m quite intrigued

[old crow]

https://www.tradingview.com/script/xGnUhodO-Open-Interest-Chart-LuxAlgo/

[hidden chasm]

[ionic estuary]

You could create an 4 … 8… layout chart, hide everything except the oi indicator and adapt the specific oi in the windows for multiple time frames or other coins / pairs

Now… how to use it properly… I’ve read the description… but probably should do it again a couple of times..

[old crow]

Yes, that would be a good set up, multiple screens etc, but based on researching and description etc, metrics are published weekly basis. So this might be a swing long term sentiment trade versus scalping like I do. Not sure....

[little flint]

yeah COT is for swing trading. I know a guy who has fun with the COT's but he holds trades for months. duck that

[old crow]

Asian session trying to prop up the dollar 🤔

[night lion]

Brother I’ve been testing the Normalized.
How do I make the colors more bold? I don’t see how to adjust it

[dusky hedge]

Hello all, I just got the premium access to luxalgo. I am interested in price action concept indicator and have few questiins so thought to put it here. I am trying to set it up on my tradingview. Are there any videos that I can watch for the best setup of the indicator? Also what is the meaning of length on order block setting in the premium indicator. Also not sure what breakers are? Also time frame does not work correctly. When i select time frame to 4 hr it displays order block for 4 hour but It disappears my lower time frame order blocks, in my case 15 mins

[elfin sphinx]

Check out the videos in must watch.

[old crow]

Morning, afternoon or good night 👋

[finite bear]

Afternoon

[old crow]

https://www.tradingview.com/script/piIbWMpY-Order-Blocks-Breaker-Blocks-LuxAlgo/

brekerblock description

#🧠core-lessons

#📈must-watch

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

When you select MTF OB's, that will auto disable the current TF OB's, not able to have both visible concurrently, I assume pinescript limit at this time.

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

[old crow]

TSLA on a tear

ES S&P Futures

Markets pushing up

[grizzled mesa]

I see a big delay in showing new OBs on any TF...It suddenly shows up 3-4 candles back in the time and price has already moved...Wondering if this delay is expected?

[cinder quest]

all of the indicators lag a bit, and this is expected

[old crow]

That’s how OB’s are formed. Just like pivot highs and lows, fractals etc. it needs a few bars for lookback to determine the pivot fractals or OB’s

OB’s are not entry signals, but used for key levels sometime later in time

[old crow]

This is true, indicators indicate what price did. I guess the only real time indicator is the actual candlestick itself.

[grizzled mesa]

I see lot of traders have commented here that they scalp using 1/3m OB strategy only...How that works if there is a lag in forming OBs?

[old crow]

Again, it is not a “lag.” It is how the OB’s are formed. But trading on 1m and 3m OB’s is the same as any other TF charts. Just depends on the strategy they use. Maybe these traders will jump in and explain to you what’s their OB strat. If you view LUX videos on OB’s strat concepts, you can use that on any TF

Just like this OB Lux video, you can use this strat on any TF

https://youtube.com/shorts/7TK7neur7ds?feature=share

[cinder quest]

lux indicator, tracks the volume compared to previous candles. so it will form an order block later on when the candlesticks will close. however once OB's are formed, you can use them in corelation in future, if price hits that OB's again.

[old crow]

Correct OB’s are levels to be used at a later time

[cinder quest]

treat OB's as demand and supply zones

[old crow]

OB’s are formed in real time once the conditions are met

[cinder quest]

if you struggle to put the R and S levels, OBs are alternate to use it. as this is confirmed by the volume of the indicator. in reality have higher chances to stay.

enough for OB's today, lol

back to crypto trading chat

[old crow]

https://tenor.com/view/suriya-dance-trending-natanam-nadanam-gif-11454935756407334507

[lunar finch]

agreed. OBs are typically created after the close of a candle, so there is an inherent delay in their appearance on a chart. This delay is expected and is part of the normal workflow in analyzing OBs

[old crow]

Anyone try this cool VP? https://youtube.com/shorts/mbygoiOhUtY?feature=share

[old crow]

https://twitter.com/LuxAlgo/status/1667178062700589057?s=20

LuxAlgo (@LuxAlgo)

The ultimate next-gen oscillator revamp.

In development for many months and finally ready to be released early next week.

▶ Play video

Twitter · Jun 9, 2023, 2:33 PM

☝🏽

https://tenor.com/view/now-hurry-gif-21082708

Who trades Nifty? Charts look good most times

[junior zinc]

send the name of the asset

[cloud moss]

https://tenor.com/view/yeah-muito-bem-hell-yeah-vai-garoto-gif-14366181

[little flint]

"please"

[little flint]

it's also written there

[old crow]

Nifty

Indian market index

Final power hour for NYSE, the flat lined 15m Trend Tracer told us the story for the day

[lament jackal]

That’s really nice. Thanks

[cinder quest]

Does new oscillator our?

Out?

[old crow]

#🚀crypto-chat message

[cinder quest]

Thanks, will watch on Monday.

[elfin sphinx]

No but it looks interesting. I saw someone praise the new swing volume profile by Lux, and I must say it did not disappoint trying it out paper trading today. 👏

[old crow]

Yeah good stuff indeed....

[severe herald]

Will the new Oscillator v6 have automatic divergence detection ? @thin trail

[frozen sand]

divergence detection are already there in Advance oscillator

those are Regular. Hidden you have to work it out.

[rigid lichen]

I notice significant change buy/sell signal position when we use Heiken Ashi or normal candle sticks pattern when auto sensitivity tuner is enabled.Are buy/sell signals are not supposed to be aligned irrespective of choice of candle stick pattern, when auto sensitive tuner is enabled?

[dusky harness]

Yes, please release this ASAP. Waiting for quite long now...

[thin trail]

should be here monday:)

[cold bane]

Are you guys still developing the MT4 lux algo edition ? As it's been so long and nothing to hear about it. Thanks

[old crow]

HA vs regular candlestick are formed differently and have different closing/opening prices, therefore different indicator outputs.

[narrow siren]

When will we get new oscillator

[forest geode]

@thin trail @old crow
My expectations from the new oscillator

1. Showing Overbought and Over Sold Area

2. Printing Regular/Hidden Divergences

3. This oscillator should work the combined functionality SRSI, MACD, RSI

4. Show Future Price Action !

Hope it works 👍

[thin trail]

Yes a lot is in development there, we have a plan we’re executing on in phases for this!

[thin trail]

i think you will be pleased sir:) but always open to feedback once it’s released too 🤝🤝

[narrow siren]

So can we expect the oscillator to be contrainion in nature and show trend reversals @thin trail

I request you to make the contrainion signals more accurate @thin trail

[thin trail]

it’s all-in-one, so every interpretation possible for navigating trends & finding reversals

[forest geode]

Smack is printing money

[thin trail]

the reversal signals in new osc are quite fire

contrarian signals within S&O - recommend optimizing settings

[forest geode]

Smack would you mind answering what is the future releases and roadmap

[thin trail]

After oscillator update we have a very mature product suite but are planning on further optimizing all 3 still

Backtesting system will become a full product as well likely towards end of the year 🙂

[narrow siren]

So we won't be getting any revolutionary or new futures in lux algo in near future @lux algo

[old crow]

He mentioned "further optimizing..." ☝🏽

[thin trail]

oh yes of course you will!

#🔊announcements message

[rare wing]

take notes kids

this is what happens when you dont use lux

loss porn 🥰

[old crow]

These LUX levels are actually pretty good

[old crow]

hope this is really not you and you just took this from somewhere else 🤷🏻‍♂️

[rare wing]

only like 2k

nothing life changing

money comes money goes idgaf i’m up more than down & you can’t win all of them. + letting emotions take over is like the worst thing you can do LMFAOOOO

i’m just glad i went in only 2k 😌 risk management >

[old crow]

dang, well, now you know, gotta have LuxAlgo locked and loaded

[scarlet gulch]

Not sure if LuxAlgo could have given any forecast on that kind of crash 😉

[old crow]

Its about trade management, nothing else really...When the trade goes against you, you gotta close it out. Cant bag hold and pray and wait for price to come back....

[scarlet gulch]

Agree, DCA makes you stick to those trades for too long

[old crow]

dca with leveraged assets is a recipe for rekt

[blissful marlin]

Hello, anyone can help me for this indicator.
Smart Money Concepts [LuxAlgo]
I need to backtest via Strategy Tester Trigger Only CHoCH internal

like the picture, I want to backtest the strategy. to buy and sell based on crossing trend from Internal CHoCH

Sorry for tag @sour gale @desert light @thin trail

[shadow kindle]

Brother, this backtest is specific to the strategy, it does not work on indicators, you must first convert the indicator to a strategy and then take a backtest. Of course, you cannot do this on this indicator because the source code is limited.

[blissful marlin]

thank you for answering my question
my next question

1. How do I convert it while I can't code, are there any AI tools or something like that that can turn indicators into strategies?
2. Can luxalgo make it for us VIP users?

I've seen the script, but my brain feels like it's going to burst hahahaha

line red , change to strategy

[shadow kindle]

Oh, I thought you were talking about the premium indicator, the code for this indicator is available. Yes, you can ask some AI tools or someone who knows how to code, but lux itself will not do it for you.

[blissful marlin]

yes i thought like that, but i tried to ask who knows luxalgo gave it hehehe

[shadow kindle]

No, it's not that simple, conditions must be set for buying and selling

Ask the Lux team guys again if they do it or not

[blissful marlin]

yes I'm waiting for it

[copper cairn]

@old crow thanks for all these charts, it's really helped put longer term tfs into perspective. Been having an absolute blast scalping nifty on 1/3/5 minute charts, but transitioning to stock swings now, for which your posts have been super helpful, thanks! Any idea how you read the circular indicator slightly above these posts? I remember checking it out a few months back but never really figured out how to use it properly

[old crow]

Hey glad I can help. With the circular bar plots, its pretty much 6 oscillators, rolled into one indicator that is plotted on the main chart, versus being plotted on the bottom panels taking up 6 panels. If the circles cover over 50% circumference, then all 6 indicators are telling a bullish momentum. Under 50% would be bearish. There's more info on the Lux indicator page. Hope this helps.https://www.tradingview.com/script/JzrxU03D-Circular-Barplot-Oscillators-Sentiment-LuxAlgo/

[thick skiff]

Any indians in this group

If yes please PM me

[split quartz]

Hi, any frenchs to help me use these indicators ?

[copper cairn]

Thanks!

[visual osprey]

@main summit @harsh siren hey boys

can we get access to backtesting system?

[little flint]

no

[main summit]

This is in closed beta for lifetime users only, sorry

[glossy badger]

How can one become a lifetime member?

[split quartz]

Hi, [LUXALGO] LOGAN#4418 is the real one ?

[frozen sand]

nope

[split quartz]

Thx

[frozen sand]

4502

[split quartz]

So you can block him

[frozen sand]

intial lux server is full of scammers and imposters.

be careful

[main summit]

Unfortunately we no longer offer this tier, sorry

[main summit]

No, as pointed out by @frozen sand people in the public chats will pose as members of our team and attempt to scam, but as you're now VIP you will no longer receive scam messages 🙂
Real me is #4502, you can click my name

[frozen sand]

Sorry, playing around with PAC, how can i see swing blocks. excuse please, i must have missed those chat when released new version

[main summit]

You can set the OB length to 50, this will allow you to see swing OBs

[frozen sand]

therese alot...

[main summit]

'Length', not 'Show Last'

[frozen sand]

ah

Thank You

[stiff dragon]

I just updated to 1.3.1. What are the numbers in the Market Structure area? What can I do with them?

[main summit]

They allow for more customisation of market structure, ajusting length etc.

[stiff dragon]

This is what I want to know. Length of what? I change the numbers and nothing happens.

OK. I see changes. BOS in different places. Is it the minimum space for BOS? Choch? and others?

[silk bridge]

I already did that, but it is not profitable 🙂

[old crow]

This is perfect, the backtester did what it was suppose to do. It showed you that your strategy was not profitable. Have you tried adjusting your strategy settings? or using a different strategy to see if the backtester can verify if it has potential?

[old crow]

Maybe CHoCH trigger entry and TSL? Or smart trail exit, or maybe trend color change?

[jaunty panther]

I really need V6 oscillators 😩

So many people are waiting for v6...

Luxalgo indicators are not as perfect as that.

[little flint]

so you're looking for the perfect indicator interesting

what about studying it, backtesting it and using it and make money?

[jaunty panther]

I know theres no perfect indicator in the world

[jaunty panther]

I am studying enough.

[little flint]

then you should make money without the V6 osci already

[jaunty panther]

dont you think it's a contradiction?

so why are many people waiting for v6?

[lost skiff]

The inbuilt alerts in the indicator, do i need to setup TV alerts aswell if I have the built in ones checked?

[little flint]

yes

[lost skiff]

Thanks

[quasi dune]

Has anyone tested a stop loss strategy for the signals ?

[glossy vortex]

where can i learn more about trend strength, trend tracer and neo cloud filters?

[elfin sphinx]

https://discord.com/channels/641770286638694402/854810197686747198

[glossy vortex]

thanks , already watched through these. just looked through the documents , found what i was looking for

trying to join Bybit , any one has referral ?

[blissful marlin]

Hello bro, can u ask my question ?

[glossy vortex]

@main summit will you guys ever open the backtesting for premium users?

[blissful marlin]

yes I need it when using a new indicator to test whether the indicator is profitable or not. if indeed it is paid I will pay for it because I understand that the indicator is not 100% profitable but there is a possibility that it is greater than 60% by using a commensurate Risk Ratio (RR)

first, to determine the margin, I use MAX DD, the number of trades within the specified time, gross profit and net profit, the data of which is from the results of the backtest strategy

[old crow]

whats your question? ill try to help if I can...

[blissful marlin]

this case

[blissful marlin]

can this indicator be used as a strategy, not a type of indicator? so I can see the backtest. to open the position based on the trend of the red / green line (internal CHoCH) on the timeframe and timeframe that the user specifies

[old crow]

Im confused. Any indicator can be used for any strategy. You can also backtest visually or with bar replay mode

[blissful marlin]

It's too long if i use replay mode because there are various factors that must be considered in the backtest. If I get data for entry hours, closing hours, data (profit/lose) for the past 1-3 years it is better and makes it easier for me to analyze data

[old crow]

Ok, but TV has historical data from 7 years to 20 years depending on your TV subscription. So you already have the data for your 1-3 years bar replay. So you are good here.

[nova narwhal]

If ur looking for accuracy in back test there are a lot of trading simulator you can get and some got news replay as well and you can back test manually for the best and the most accurate results
Best of luck 🍻

[grizzled jolt]

What is the latest version for each script now?

[elder flax]

Is oscillator v6 coming out today?👀

[forest geode]

Yeah

Smack told it is on Monday

[elder flax]

cant wait!

[frozen sand]

6-8 more hours until they HIT that release button😂 feels like taking forever

[severe herald]

I've already made room for it on my chart 😄

[finite bear]

In this business, you can't study enough mate. You continue studying as long as you are in trading business.

[unkempt chasm]

Has there been any teasers? Seems like a lot of expectations on here 😄

[frozen sand]

they said you never wanna use any other oscillator

thats what the hype is all about

[unkempt chasm]

Sounds very interesting as I use an oscilliator for my confluences all the time 😄

Now I am hyped up too. haha

[jaunty panther]

Im always studying for trading. I just wanted to share my thoughts because Im looking for a better indicator with a higher win rate.

[hidden moss]

Unfortunately, the backtesting system It's no longer available at the moment

[split quartz]

Hi, I'm french. I'm VIP just from yesterday. I downloaded 3 indicators on TradingView (LuxAlgo Signal and Overlays, price action concept and Oscillators. I don't understand how work price action concept and oscillalor. Someone can help to use it plz ?

[little flint]

#📈must-watch

[main summit]

My French is ok, not the best 😅

Nous avons beaucoup de ressources disponibles:
#📈must-watch
https://www.youtube.com/playlist?list=PLbqCXsOfrM3MjO7q7uIiwoVq3evI4neQr
Pas de vidéos en français, malheureusement - notre documentation peut-être traduite 🙂

https://docs.luxalgo.com

[split quartz]

your french is good 😉
Thx for the link, I'll watch it.

[split quartz]

I watches somes videos, but the interfaces of LuxAlgo Signals and others are differents than in the videos. There are to many differents options

[main summit]

Though some features are different, the concepts and majority of features are very much the same - any updated videos can be found on our YT channel 🙂
https://www.youtube.com/luxalgo
As well as explained in our documentation

[old crow]

Hey hey 👋🏽

[hidden moss]

👋 👋

[old crow]

Lux Candle Coloring, is all I need

[severe herald]

too bad you cant set alerts on candle coloring. but i suppose trend catcher switch is nice

[little flint]

i tried to play with the alers on 1 minute only and probs i was doing something wrong as the trigger will either come 2 candles late or never come. will do more tests

[main summit]

Purple to green and red can be done with turn strong alerts in any alert () 🙂

[severe herald]

Oh, how ? can u show screenshot

[unkempt chasm]

Wuhu, email is out for v6 😄

[hidden moss]

🥳🥳

[main summit]

Built in Confirmation+ alerts or the turn strong 🙂

[severe herald]

Oh, thanks 👍

[coral trout]

holy new update is broken GG

[full carbon]

NEW LuxAlgo Oscillator Matrix v6 Indicator Overview (Huge Update)

not showing as indicator on TV

[dusky harness]

https://youtu.be/ujisD2JieZA

[main summit]

Remove current Oscillator, refresh the page and then re-add 🙂

[full carbon]

tried doing it still nt working

[dusky harness]

🔥DANG! New update. Fantastic!

[main summit]

This should update the indicator, you can try relogging also or try a different browser 🙂

[full carbon]

tried from a different browser

looged out and done

manually checked it nt showing

[main summit]

Go to invite only, click on the LuxAlgo Oscillators, what version shows?

[full carbon]

yes this worked

now gt it