💬hangout

[old crow]

I should not had traded that gamble fade scalp last night and just waited for NY

LOLLL

GBY/JPY

all charts, same settings, same 1H 15m TF's in general

If I were to do crypto or futures, I would probably use a lower TF

DONT DO THIS, JUST FOR GIGGLES:

BTC Crypto world 1m since NY open

Matrix kept your head on straight with nasty BTC

Same with Ethereum

1m

[little flint]

forgot to keep an eye on it, too busy with xau but it would have been a good trade

[old crow]

I would also lump gold with crypto and futures with going on a lower TF. But I dont trade gold.....

15m and 5m Gold seems to be a sweet spot IF I were to do Gold scalps....

[proper wing]

GM everyone: ES Chart with levels:

[old crow]

Nice key levels

[neat turtle]

so your not even using signals at all, just candle coloring correct micky?

[old crow]

For the futures, key levels and fibs work very well

ES Continuos. Remember to use the correct contract month if trading futures, this is the mistake I have seen traders do, they forget to change it and still trade the old contract with little to no volume.....

The volume moved from the June contract to the Sept for the ES

[old crow]

For me, no I dont have those visible on my charts. They de-train my brain in analyzing the chart. They tend to send a bias to my head to mess me up...

But if you use it correctly, it can be a good confluence to back up your analysis. If you have discipline in knowing that these are NOT entry signals, then yes, use them on your chart like little crumbs that give you clues on what the entry could be...

Jere is the same ES future charts with signals turned on, with no filter.

Now some traders will blindly take all the long and short signals, and then say that these dont work and ask for help for better settings etc etc, the same story repeats again on this issue

BUT, with your overal anslysis, you would know, not to take these short signals, BUT only look at these long signals for potential entries to the upside

Hope this makes sense....

[neat turtle]

perfect sense, i was just wondering if you had some filters enabled just hidden for a cleaner overall view

[old crow]

I just have a plain Lux chart like you see, I dont hide anything to make it look nice for the chats. What you see is what I use. Lux candle confirmation simple, trend catcher, smart trail, auto short term, then default MATRIX. Then sprinkle a few fancy colors on the template and Matrix

thats it

[old crow]

Anyone else trade something that I have not thought of posting yet? I'd like to see new assets as well that I have not yet thought of....

CORN 🌽

Wheat 👩🏽‍🌾

Have a good weekend for those on the other side of the globe getting ready for dinner or sleep

https://tenor.com/view/hasbulla-hasbulla-magomedov-wave-gif-24801727

[neat turtle]

Also anyone that only trades ES NQ SPX SPY QQQ if you have never looked at Camarilla pivots for levels you should check it out. Use R5 R4 R3 S3 S4 and S5, ES and spx especially likes to play off those pivots

trading view has a good one called "pivot points standard"

^ settings i use

[old crow]

YEAH, Futures are so spot on with these levels and fibs. HUGE Market Makers in this space, The ones that move the world....where the BIG BOYS work......

All centralized in one regulated exchange, no funny broker business. Its where you go when you level up

[neat turtle]

So nick scott in 1989 created a strategy using those pivots i listed, and someone ran a backtest on QQQ with the strategy.

starting account size was 50k and trading 100shares per trade

[old crow]

100 shares, JC

LOL

[neat turtle]

lol it was a backtest ofc

that's like 1 contract to us XD

im a huge fan of pivots though

[old crow]

But the big boys do this, they load up on futures contracts and only go for a few ticks, crazy stuff down in the pits back in the day

[neat turtle]

That is another big reason i took that short this morning at open, we were right under the R3 pivot on ES

oh you asked about something you haven't looked at, have you checked ZN1 and ZF1?

10 year note and 5 year note

[old crow]

I see a few Matrix short set-ups

Same here on the 5yr

CADJPY

[proper wing]

4467 level to hold:

[proper wing]

I also use lux range. Its really helpful

[balmy yacht]

How can I fix that

[old crow]

USD/JPY - My personal MATRIX Set-Ups

[old crow]

If I were to start trading futures again, I would go for 4-8 ticks (1 to 2 points) on the ES micro's

(I have my TradeStation lock and loaded in the event I do have that itch)

[untold jungle]

Good for long or short?

[old crow]

For this chart? yes, both short and long set-ups on this chart

For ES and NQ futures, it will be ticks.

4 ticks for each ES point

U is the contract month for ES

So for the ES, I would be targeting 8 ticks (2 points). Each tick on ES for 1 contract is $12.50, so 8 ticks TP is $100

Ill scalp 8 ticks a few times a day just like I do with FX.

If I were to go for larger TP, then I would use fib retracement with pivot levels, in confluence with MATRIX

Example, futures can be a headache with whipsaws, but I did mention before I would go to a lower TF with Matrix. Take a look at the 1m Es today. We now it was CHOP today mostly

5m and 1m

how many times can I steal 8 ticks on the Matrix setups going with Lux candle color?

Thats $100 each scalp

But futures stresses me out as I am working against the clock with intraday and extended hours margin calls, so I just do FX with no care in the world 24/5

To clarify the futures intraday and extended hour margins. If I see a juicy setup before NYSE opens for intraday margins, I am forced to sit on my hands as I would not be able to enter, then once market opens, do I force my self to enter a trade with a crappy setup, because i missed out earlier and there are no more juicy setups during intraday? this frustrated and played mind games with me.

With FX, I can enter 24/7 when I see the set-up, doesnt matter

[storm herald]

can someone please explain to me like I'm 5: the volument sentiment meter. When it says 5% - i should translate this as _______.?And when its at 50% and then at say 80+. What should that mean to me as far as actionable ideas? At what percentage of volume sentiment should I be alert?

and same with Squeeze meter. What percentage of this meter should I be "interested" in jumping into a play. If its 100% does that mean its showtime because its currently squeezing? If its at 75% that means its on its way to squeeze and ahs 25% left before it "pops" so to speak ?

any help is greatly appreciated

^ on the dashboard

[old crow]

Example, for 15 ES today, the nice long set up occurred during extend electronic hours, then when market opened for intraday, there's no set ups, all chop....

[old crow]

The volume tells you how much volume action is in the bullish or bearish side, green or red dashboard cell color. This is just info but not necessarily a trigger for entry, just a piece of the puzzle for your analysis. The higher the Sueeze %, the more range it is, and the more you get ready for a pop

Higher Squeeze %, means get ready and be aware that a potential move will be coming up, then at this point, you look at other chart features to decide an entry direction.

lets say Squeeze is 95-100%, then a few bars later, you get a smart trail flip for bullish, then you get a green Lux bar, then you look at dashboard and you see high volume with green cell color...then boom, off to the races you go for a long entry.

each cell of the dashboard is a peice of the puzzle for the chart analysis

Better yet, add the MATRIX, and you have a full trading suite....

[storm herald]

that was PERFECTLY explained my friend

❤️

Much love my brother, you just helped someone today.

[old crow]

Your welcome, here is example

Look at dashboard

Squeeze is 100%

means that you are READY to enter

You have green lux bar

[storm herald]

ok

do you have a personal preferance like

you'd only ever enter if it was above 50

or 75

have you made yourself a rule ?

[old crow]

BUT, you have low volatility and low volume

So this move can still go up, but probably be a slow walk

[storm herald]

what is a good volume sentiment % to pay attention to and assist in my confirmations

[old crow]

so do I enter long? naw, its friday, its dead

[old crow]

I dont have certain cut off points for trigger enties, its just looking at the whole picture. Just like the example I gave you, it was a general read on each dashboard feature, and then I knew it was friday and London is over, so no trade entries

Look at Matrix, perfect setup for longs

but looking at the whole picture, the day is done, no trade

as its too slow now

[storm herald]

yeah

gotcha

[old crow]

it may very well be a winner, but it would be a slow walk to the upside

and we getting closer to power hour of NY on a friday, market makers need to clean up their books, and who knows what they will do

[lament jackal]

True but also be aware is at the top of the rising wedge , just past the 61.8%

[old crow]

YUP, you hit it right on the nose, there are other factors to consider, instead of the dashboard. Good read, nice job!

Top of wedge, friday, low up volume, low up volatility, almost closing time power hour.

Stick a fork in it, its done, its over

LOL

Lets fade this?

😹

[lament jackal]

Yeah

There’s also more room for upside but probabilities are getting slimmer and slimmer.
I also see Matrix printing a small red triangle , seems to be pretty spot on for tops if I check past ones

[old crow]

and friday, you dont want to be caught in a trade, and then sunday opens with some crazy spreads that may knock you SL out in a nano second

[lament jackal]

Yeah true , I usually hold long time myself and generally don’t use a SL as I build slowly positions overtime

I’m actually shorting and I’ll probably have to hedge in long if it breaks the wedge to the upside next week

[old crow]

fading the trend is always exciting

Fear and Greed

When peope FEAR, you get in.

When people have GREED, then you get out

[lament jackal]

Yeah

[vast gale]

which broker do you recomand for FX?

[naive blade]

agreed, sometimes the greed goes nuts though lmao and your wondering who / what the hell is buying the tops continuously

[old crow]

Depends on where you live, if your ok with unregulated or regulated, leverage limits, and spreads. Since im in the states, my go-to brokers are Oanda and Forex.com, both are integrated with TV charts so I can trade and manage positions directlty on the TV charts, this is in valuable to me, my #1 reasoning. But Oanda is my #1 broker as they provide volume data that certain indicators utilize (ie PAC), and they are based and highly regulated here in the states, but only offer 50:1 max leverage, which I am fine with, spreads are competitive....

[old crow]

OUR liquidity folks

[vast gale]

thank you

[raw forge]

I'm not familiar with Forex but sounds like I should be!

[old crow]

Trading any asset class, in itself is tough, but can be rewarding once you put the time and energy into it...

[torpid gyro]

https://tenor.com/view/hhgf-gif-25031041

My futures trading success has gone through the roof since using Lux Premium and especially since the addition of the Matrix.

[old crow]

This is awesome to hear

[old crow]

What set up template do you have?

[torpid gyro]

I want to see the Hull (set to 34), Trend Catcher, Money Flow (set to 14) and Confluence Bar all in alignment. I really like first red or green bar but do a number of continuation trades based solely on the Wave turning back to the color of the "primary" trend.

[old crow]

Looks

[torpid gyro]

That's my arm you are looking at 😉

[old crow]

hahahahaha

https://tenor.com/view/hungarian-boy-hungarian-budapest-represent-hungarian-male-model-gif-15784599

15m Nifty

15m BTC

Closing Bell Rang. Have a Good Weekend Everyone 🙏🏽

[thin trail]

https://tenor.com/view/monon-depauw-wabash-bell-gif-7219871

[trail lintel]

Hi

[thin trail]

legendary pic @old crow aha

have a good weekend !!!

[old crow]

HAHAHAHA, I knew that would wake you up, have a good one

[trail lintel]

can you help me with best setting for Indian Markets indices like Bank nifty and Nifty please. for day trading

[thin trail]

🌞

[thin trail]

Hey @trail lintel - best settings in terms of the signals within the main Signals & Overlays indicator?

[trail lintel]

Yes

[thin trail]

Here's a huge outline for that, also a video 🙂 https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

[proper wing]

Is this real ?

[old crow]

Yes it is, Smack was truly on stage with TradingView

LuxAlgo is the real deal

https://www.nasdaq.com/press-release/lux-algo-shares-game-changing-features-for-technical-analysis-in-its-latest-update

https://www.instagram.com/p/CoVnDtCv8Ao/?utm_source=ig_web_copy_link&igshid=MzRlODBiNWFlZA==

luxalgo

Last week - LuxAlgo Founder & CEO, Sean Mack was honored to join the @TradingView team at the Nasdaq opening bell! 📈📈📈

Thanks to all of our users globally who use our free + paid indicators that help us evolve them better & better over time. We’re glad to play a part in the history of TradingView & analytics services!

Likes

5550

Instagram

[wise spoke]

👀

Potential down move would be nice

[wise spoke]

Money Flow length of 14 is an insanely good shout

[desert plaza]

For Spy the default settings are good or is there any change I can make?

[peak edge]

Evening Everyone.. new to the group.
Just wanted to know if it’s possible to add an alert for specific time frames on the signals and overlay indicator

[old crow]

@desert plaza Here's 1H SPY on basic Lux default of smart trail, trend catcher, color confirmation simple, auto trend short, with Matrix default

and 15m SPY

[buoyant willow]

What timeframes do yall like to trade?

[peak edge]

3m to 30m

[old crow]

1H and 15m

[lunar finch]

My favorite TFs

It's easy to find the trend on larger TF, and use the lower TF to get in/out

[old crow]

Thats the key

[desert plaza]

Do you believe 15min and 1h is better for SPY??

[desert plaza]

So we Can get in and out on the 15m TF?

[desert plaza]

Thank you I will try your TF’s with SPY

[old crow]

I dont know the answer to that, as it all depends on the strategy your using and what type of trader you are. Many factors to consider. A trader may be good at 1H and 15m but another trader not good on same 1H and 15m. It all depends....

[lunar finch]

Correct

[lunar finch]

It depends on your trading style

If you play level to level. Higher TFs are your friend

[old crow]

Me stretching for Mondays action

https://tenor.com/view/stretching-stephen-farrelly-celtic-warrior-workouts-warm-up-exercise-gif-17380850

[patent widget]

can i setup lux algo on mt4 desktop??

[deep trout]

Market closed monday bud

[old crow]

LOL, for you it's closed, not for me and my FX gang

[deep trout]

Closed!

[old crow]

Again, not for me and my FX gang

[harsh siren]

For now, our LuxAlgo Premium indicators work exclusively on TradingView (a free web-based charting platform) and you can trade on any platform in real-time based on those charts.

[indigo copper]

Hey @old crow , do you trade by session? Or just looking the charts repeatedly all day long

[old crow]

I have been battling this issue for a long time. Meaning thinking about this. FX is not like stocks/options or indices in which they are open for trading at a specific time slot session, such as NYSE session only. So if these stocks makes a move to a specific level etc, it can only happen during the NYSE time slot, which can be a good thing because you can schedule your trading around your life accordingly. Not with FX, its virtually 24/7 with the exception of Saturday and half of Sunday, so with FX, we dont know when these moves take place during the 24/7 around the clock. One day the nice FX moves happened during NY session, then the next day chop but nice moves during Asian session. So if I could stay awake 24/7, then that would be the perfect scenario to look for FX set-ups. But you know that cant be humanly possible. So since I live in the states, of course Ill be awake during NY session, and try to keep an eye on the FX market when Asian opens and rarely be awake for London.

[reef rose]

Guys the best setting for this 3 indicator for 5/15 minuti re chart

[old crow]

You can scroll through my posts here in this room for some simple strategies. Also there are DOCS that go over this as well

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

[indigo copper]

That some good insight right there, 🔥

[opal zephyr]

so do the indicaters require premium tradingview because it has been a while since i logged on but indicaters are not what they were

[frozen sand]

It works in free tv as well.

[opal zephyr]

did they change the indicaters

[frozen sand]

Revamped

[old crow]

How log has it been since you logged in? Lux released a few new updates, you may need to install the new indicators

[old crow]

Should be good to go, create a NEW chart and add the Lux Matrix, Signals/Overlays, Price Action Concepts so it installs the latest version

[opal zephyr]

last ime i came on looked more like this

[old crow]

cant tell the version with this screen shot

Just create a new chart, you should be fine

[opal zephyr]

its a pic from a message sorry

[old crow]

Create new chart, and add these 3:

https://www.tradingview.com/script/S8svsT4N-LuxAlgo-Oscillator-Matrix-Premium/

https://www.tradingview.com/script/fYHlrAoz-LuxAlgo-Signals-Overlays-Premium/

https://www.tradingview.com/script/ZGl2xWym-LuxAlgo-Price-Action-Concepts-Premium/

☝🏼

[sleek warren]

How can I get luxalgo back testing system indicator ?

[harsh siren]

The backtesting beta is currently closed to the public.

[sleek warren]

Oh ok

[hidden moss]

@old crow how are you not luxalgo support or staff

[old crow]

Im just a regular member like you and the others, no one special. People like to chat on facebook, and Instagram and stuff. I like doing it on Discord with my favorite indicators

[stiff dragon]

I don't understand what is Length for order blocks. I read the explanation in the website Guides section and I am more confused. Can someone explain it? Show examples on the chart?

[main summit]

Adjusting the length will allow you to view more long term OBs, so if you adjusted it to a higher number, say 50, you could view swing OBs rather than internal OBs

[gusty tusk]

Lux volatility is available for alert message using placeholders?

[stiff dragon]

I tried to play with it. I set it to 50 and most of the OBs disappeared. Why? Can you show what you mean on a chart?

[frozen sand]

length 50 the order block you see they are swing long term order block. Positions holding trading, months after months etc.

Regular order block 5, swing order block 50. UsdJpy 1hr frame.

[stiff dragon]

OK. Thanks for your help. I understand it.

[hidden moss]

@muted silo Hello good day if you don’t mind what are your current settings and timeframes

[tough goblet]

Don't believe him. He is not like us. He is super human, Lux guru for the gurus.

[thin trail]

in this scenario, likely too long term for how zoomed in you are on chart

[trail lintel]

I dont see that Backtest system in my tradingview. How to install it

[main summit]

It’s for lifetime users in closed beta unfortunately 😦

[muted silo]

Mostly 1h

[hidden moss]

What preset and filter and thanks

[old crow]

Anything exciting here today? or just a lazy Saturday?

[neat turtle]

im trying to see if i can figure out a combo time frame that looks really good on BTC

using mrs matrix ofc

[old crow]

Ahhh, your trying to tame the crypo's

[neat turtle]

haha very hard to do

any suggestions? or have you dabbled around yourself with it

1hr btc atm

overflow has stopped gonna be interesting to see what happens here

sat usually not very exciting

[wise spoke]

Been trying 15m and 5m with low leverage on SOL and it's been working decently well...

[old crow]

If I were to jump into crypto, I would use Trend Chaser and Trend Catcher, and utilize them to identify ranging periods (flat line).

[neat turtle]

quick glance at 15 / 1hr i really don't like using those 2 on crypto though, the white crosses on the 15min is the trama line

range sentiment literally just flipped from bullish to bearish on the 1hr though

[neat turtle]

interesting

[old crow]

15m BTC

ranging most of the time these past 1.5 day

[neat turtle]

maybe im thinking about it wrong i try to shift my mind with crypto to , look at the chart, 2. look at the range sentiment, 3. where does market makers wanna take it to grab the most liquidity

[old crow]

It really is tough in general, as you know it pumps and dumps whenever and whichever unfortunately ..... but it can be done if we look deeper

As you got me on this now, I did take a birds eye view on this 15m. So what I did was change my settings from Auto Trend Short to Auto Trend Long, and this is what I see on 15m

[neat turtle]

are you on HA candles btw?

[old crow]

yup

[neat turtle]

that's it dedicating Sats to taming crypto

[old crow]

1H BTC

So looks like for me, I may be onto something. With more time in looking deeper into this, I could come up with somethime, this was just tweeking the Signals/Overlays. Now I could look at Matrix and figure something out to tame this beast....

[neat turtle]

do you use HA candles on indices stocks etc as well?

[old crow]

Everything

except when I am using PAC

Because I scalp and I just want a piece of the trend. I dont need to get in exactly the beginning, and dont need to ride the wave till the last candle. I just want a small piece somewhere in the middle of it...

[neat turtle]

that makes sense

just in and out

[old crow]

Its like this. Pretend my chart is a Dart Board. Its harder for me to throw darts and hit the blue boxes. But much easier to hit the yellow box

Im just explaining my scalping mentality, in no way this is better or worse than any other strategy......

[neat turtle]

what a 1min wick on btc lol

jesus

[wise spoke]

100 USD like butter on a hot knife

[neat turtle]

taco ima let you in on a secret

i might be a slight degenerate gambler with crypto

[wise spoke]

Who in the fuck is giving you 500x leverage

[neat turtle]

only gambling if you lose right?

[wise spoke]

and where can i get in on that 👀

[neat turtle]

lol

i mean i can get 1000x

but its literally pointless to do that

[wise spoke]

That's insane bro

I thought I was living life with my 200x

[neat turtle]

lol

500x has like a 50$ move to liquidate

not worth

ever

[wise spoke]

Lol literally like playing a slot machine

[neat turtle]

i normally do like 20x

if im actually trading big positions

10x or 20x

[wise spoke]

Yeah I couldn't imagine ripping 500x trades every day being a long lasting thing haha

[neat turtle]

and typically i stay away from crypto in general just trade futures and spx

[wise spoke]

Yeah im trying to get out of crypto, started looking at some of the indices futures up for offer on BingX

[neat turtle]

ive got my main trading accounts with TDAmeritrade and Webull that i trade spx with, then i started 2 accounts with TopStep that im on step 2 currently trying to get funded accounts to trade futures

[wise spoke]

Unreal, I've been trying to go through these crypto exchanges that offer commodities / indices before I hit up an actual brokerage

[old crow]

500X ?

https://tenor.com/view/rocket-lift-off-gif-10300477

https://tenor.com/view/guild-wars2-gw2-guild-wars-end-of-dragons-eo-d-gif-22530689

my 50x

[neat turtle]

50x is alot

[old crow]

yeah, 50x is alot, vs 45x. But your 500x is

[neat turtle]

more like

https://tenor.com/view/frieza-explosion-planet-gif-24891039

gone

[old crow]

hahaha

you like the thrill

[south escarp]

I too trade big positions but never usually go past 5x lol. Can’t imagine 100/200/500x 🙈

[shrewd crater]

Hey! I’m in the US and using a vpn. Bybit wants me to upload my ID. Will that cause issues showing I’m in the US?

[frozen sand]

So your account not verified yet with them?

[shrewd crater]

No. I’m just getting set up (was using kraken)

Nevermind

[frozen sand]

If you’re account not verified you can’t withdraw a single cents

[shrewd crater]

I keep hearing everyone just saying use an IP address. But doesn’t seem like that will work.

[old crow]

OK, here is the thing, more and more offshore unregulated crypto brokers are now implementing KYC, due to the huge and persistent crackdowns. Even if you dont verify with KYC in the beginning, you will have to do it when you withdraw, and when they do verify that your live in the USA, they lock your funds in a deep hole that will never see the light of day. And get this, some brokers will verify and pass your KYC and your ID's when you open the account, but when you close or want to withdraw, then you start to sweat and get nervous as they will avoid responding to your support emails and when they do, they will say, you live in the USA and you don't get to receive anything. So what's your recourse at this point? nothing, cant go to the police, the feds, or whoever, because it's against the law here in the states....And even if you do, by chance, get lucky and trick the system with VPN or different offshore IP, you will be shot down in flames when its time to withdraw.

Instead, better yet, look into crypto futures, full size and micro btc futures. I believe TOS and/or Tradestation offer these....but look into these as the btc futures derivatives may feed your appetite for the crypto world....

Here is my live TradeStation chart and trading panel for BTC futures. And I too live in the USA. I can trade the BTC futures and not worry about having my money locked away on some offshore island beach hut.....

and YES, look at MATRIX on my BTC futures Tradstation chart, dang, how many ticks was that move? at $25/tick, holly dang

Perfect MATRIX entry long going with Smart Trail and Lux bar colors, Matrix MoneyFlow

The above charts had duplicates of 15m. Here is the 1H and 15m BTC Futures on TradeStation. I drew the blue box on Matrix for the Long set-up. 15m TurningPoint Up, green bullish Confluence Zone, MoneyFlow and Threshold, Lux candlstick green, SmartTrail bullish. ALL this on 15m, in the same direction as the higher TF 1H Matrix TurningPoint, bullish Confluence Zone, MoneyFlow and Threshold.....

🤌🏽

Happy Saturday everyone

[wise spoke]

Savage work as always boss, change any settings from your original matrix to achieve this?

[old crow]

Not at all, all the same settings.

When I do need to change settings to some other asset I dont normally look at, I will of course let everyone know.

I want to show everyone, that the Matrix is no joke. To prove this, I leave it on default. for most, if not, all of my charts

Of course I can optimize the settings on Matrix for an asset, and everyone should be experimenting with different settings anyway, to get the best of the best out of Matrix...

[old crow]

Your profile name, makes me hungry for taco's now 🌮

[wise spoke]

Believe it or not I’ve never had a Taco despite it being my name 😂

[old crow]

It's soooo good

https://tenor.com/view/tacos-lime-taco-mexican-food-authentic-tacos-gif-26547299

[wise spoke]

Getting my ass to the states this Friday so hopefully I’ll have a chance to try some

[old crow]

https://tenor.com/view/nachos-mexican-food-southern-food-chips-and-salsa-salsa-gif-13243461

and chips and salsa

[naive blade]

its rollbit

its a gambling website

its all a "bet" you place, up or down, its not like a normal exchange

[naive blade]

just get an E-ID

lots of countries offer them

and use that as ID for exchanges

https://blog.xolo.io/ultimate-list-of-e-residency-countries

[wise spoke]

Thank you sir

[buoyant willow]

Binary options are similar but for Indexes instead

I wish Deriv wasn't sketchy lol

[lament jackal]

Matrix is top notch indeed , I like it a lot

[wise spoke]

Autopilot set for long term?

[old crow]

For lower time frames for crypto’s I would use auto long term so I would need to be patient for the set up

[wise spoke]

Yeah, currently running with mid term and it looks good for finding entry / exit but the trends dont really last very long

[old crow]

Also, don’t forget the dashboard sensitivities

You gotta try a few combinations

As I dont trade cryptos

[wise spoke]

Yeah just left it auto mid term for now, going to try turning off autopilot and see how it goes

[old crow]

Here is a little tip, we are trying to back fit our indicators to our past action charts right now, to look pretty, but during real time when we experience a loss, we tend to go back to the drawing board and back fit the settings to make that loss Look prettier and then at that point we go live and we get another loss on those new settings. So we must resist the urge to keep changing our settings.

But instead ask yourself, why did that loss occur and if you did everything properly, then we have to live with it and move on to the next set up

[desert plaza]

That is what I play. Level to level

[wise spoke]

Big facts my man

Appreciate the wise words

[neat turtle]

no worries micky just a 50x this time

[halcyon orchid]

Guys i have a question, does PAC and Signal &overlays indicator works with stock market??

[neat turtle]

yes'

you will almost find it better on stocks

[halcyon orchid]

Really? Didnt know... thanks!!

[old crow]

Yeah, wouldn’t you say both stocks and ES mini futures are solid with PAC levels, right?

[neat turtle]

Yes

[old crow]

Fibs too

[neat turtle]

prob better than crypto

[old crow]

Oh for sure 1000%

[neat turtle]

Trend catcher flashing bearish on the 15min

[old crow]

Matrix does keep you on the right side

[hallow granite]

I'm new to Luxalgo but have played a lot with my own pinescript strategies before this. How can I get tips to define your strategy using Luxalgo indicators? I’m using Capitalise.ai with Interactive Broker, mainly with stock trading on short timeframes 5m…15m, TSLA etc.

[old crow]

Hey, welcome home.....Have you dived into the Lux docs and videos that go over the features yet?

#🧠core-lessons

#📈must-watch

[sterile cosmos]

Actually, I find all the lux premium indicators are incredible on indicies.

Crypto is too..... 'angular'

[old crow]

@hallow granite There are a handful of members, including myself, that posts our personal strategies in these Lux chat rooms daily......

Lux newest Oscillator Matrix is just

My set-up using Matrix

[sterile cosmos]

Lux swing volume POC is also a total cheat code

I call it... 'The treasure map'

[old crow]

Nice one!

Ill take a look at that too

[sterile cosmos]

Use on your trading chart, literally ridiculous

Just use the POC, not the value area atuff

[sterile cosmos]

Got any specific way to use it @old crow

[old crow]

Here's a handful of charts I posted in the past with notes....

[frozen sand]

👆🙌👆🙌👆🙌

[frozen sand]

Simple rule no fuss.

[sterile cosmos]

Thank you. 🙏

[wheat tiger]

What is OB Up turning point in the new oscillator matrix alert function ?

Is it OB Down turning point

[daring crag]

Saw that the backtesting system is closed beta. Is there any way to get access to it?

[old crow]

Lux support mentioned maybe by end of year...

[celest isle]

what is best autotrade bot API for bybit?? what is best practice???

[crude iris]

is it default setting?

[wise spoke]

Happy Sunday people

[sterile cosmos]

Yup, default

[old crow]

Morning 🌞 or good night 🌛

[fleet tendon]

Welcome back Micky, Good morning to you

[old crow]

Wrote some notes on a Matrix trigger entry for last Friday's BTC futures price action

Hope this helps....

[old crow]

Morning !

Most NewYork markets closed tomorrow, BUT FX is open, alive and well for Mondays action...

Watch the volume though

[tawny hazel]

hi

[dull storm]

@old crow How do you make your charts look so clean. Would you mind sharing your settings?

[old crow]

Post your screen shot and Ill try to help with suggestions...

[wise spoke]

New York closed tomorrow?

[fleet tendon]

Holiday tomorrow

Juneteenth

[mystic granite]

So basically you suggest doing a multi frame analysis…. When on the upper time frame both the Oscillator and the Lux algo overlays have bullish convergences (like in your case) we go on the lover time frame and if here the convergences of both oscillator and overlays are bullish too we goo long. Am I right?

[old crow]

Thats the core of my entry analysis. I need to find a reason on a higher TF in order for me to enter on a lower TF.

[mystic granite]

That’s right. Wonderful suggestion. On the other hand I usually don’t use to do multitime analysis (nothing wrong with them ….. just not my style) so my way to use the oscillator is to find convergences when a buy or sell signals appears. So for example if a buy signal shows up I usually try to find convergences before takin it. So I look if it reacted to reversal zone, or reacted to a support/order block, check if there are reversal signals on the oscillator and so on…..

[old crow]

Suggestions - Turn off candle body colors. change candle wicks to neutral grey for both up and down. You have grid lines visible, if you dont use these, turn them off.

[elfin sphinx]

Happy Father's Day to all the dads in here! 👏

[mystic granite]

For example $TGLS convergences I found:

[neat turtle]

swing volume poc? is that an indicator or settings inside price action concepts

[sterile cosmos]

It's a separate lux indicator

[neat turtle]

a public one or private

just realized stock markets are closed tomorrow -.-

[sterile cosmos]

Public.

[neat turtle]

@old crow checkout

[old crow]

Yes, looks good....nice to see the open Lux scripts are being looked at

I just want my 10 pips

[main lantern]

@old crow Hey micky can i ask you change some settings in matrix oscillator, i change only main length to 8 and use TS 😛

[old crow]

Do you mean for me to try length 8 and use TS?

[main lantern]

no i wanna ask which length you are use ;p

[old crow]

default

with TS

[night lion]

What benefit have u found with 8?

[old crow]

Works for me and my strategy

[night lion]

Using 8 or default? @old crow

[old crow]

default

[celest isle]

can you explain your strategy?? do you have any strategy on 3min solana??

[old crow]

#💬hangout message

#💬hangout message

[old crow]

Also, I dont trade crypto's now, if I do go back, I would only trade the major two's, BTC and ETH only...

[karmic gyro]

I remember when Micky traded crypto :p

[celest isle]

ok, but now i am searching optimal settings fot any crypto i want to make autotrade bot, as i see some bullish or bearish signal has not Exit signal for example "Bearish Exit" or "Bullish Exit" and some signal has. i am web developer and i want to learn and make auto Trade bot with luxalgo, also i want to find strategy with multi indicators and multi timeframe.

[old crow]

Yeah, remember that? HAHA, good times

[old crow]

Ask around the #🚀crypto-chat folks, they may have something for you....

[celest isle]

on #🚀crypto-chat there are many uninteresting person i dont like this chat, vip-hangout as i see is best of best plece on this discord where i can learn some

[old crow]

My same template looks good on this BTC futures last week#💬hangout message

[celest isle]

i will check thanks 🙏🙏

[outer matrix]

The more time I spent reviewing the Charts using LuxAlgo the more insight is gained - just amazing when you start undersetting it little better and what LuxAlgo is trying to convey. Tip, read the LuxAlgo documentaion for evrey section.

[wise spoke]

Might be the dumbest question alive but I presume for shrots you're just using the inverse of this??

[old crow]

#💬hangout message

yes

[neat turtle]

So do we know if futures are opening in an hour

Or tomorrow

[mossy heron]

they will probably open, but no action

thats how mosy US holidays are

most

[neat turtle]

Well traditional holidays , not newly created holidays

[mossy heron]

futures opens at 6 today EST

[surreal fog]

@old crow can u tell exact settings for Luxalgo matrix oscillator for different time frame

[old crow]

all default with Signal TS, all TF's

[surreal fog]

Thank u

[surreal fog]

But smack told that higher time frame length to be decrease from 30 to 20 or 10

[old crow]

You can try that too to see if it fits your style. For me, I like default on all of my TF's

[surreal fog]

Thank u

[crude iris]

thanks

[molten haven]

Can anyone tell me what TS is on the new matrix oscillator?

[old crow]

TrailStop

[molten haven]

Oh so like the ATR?

[old crow]

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

[molten haven]

Thank you

[old crow]

Smoother hyper wave, less noise

[devout tapir]

Its going to be picking cherries today ....

EURJPY / USDJPY / CADJPY might be good for 10/20 pips ...lets see what London open brings

[devout tapir]

The CRS with USD . EUR . GBP . JPY . AUD is all over the place with no clear dominant strength in any of them

[gritty kite]

EurJpy might fall first

[devout tapir]

Check EURAUD ...might get some decent pips

+15 on CADJPY ... could get + 30

I like that pair today ...not choppy

keep EURAUD on watch list

[little flint]

nice one

[devout tapir]

Whats up Caca_ ...hope you had good weekend brother

[little flint]

#💱forex-chat

[little flint]

relaxed weekend, but the markets are so slow today so far

[carmine spindle]

hello, who doesn't trade on signals on 3commas? tell me in bone how to filter the signals correctly?

[lament jackal]

I’ve been running a smart bot on demo for few months now , a complete disaster 🤣

While I’ve started few days ago 2 bots on LuxAlgo signals ( demo test ) , one short and one long. Both have $500 to start deal and both start on Strong buy and sell but I’m not 100% sure how I want the bots to end the deals

I’m thinking maybe 15m timeframe any bullish or bearish signal as a start condition with 5% SL from the bot itself and as TP to take it on the signal and that would be the first TP it gives as I can’t split the TP from what I know

[lament jackal]

I’m not sure if this helps you but maybe gives you some ideas
I’ve just changed settings now trying to find best outcome from signals
Start condition is any bullish or bearish confirmation on 30m timeframe (BNB)
Close condition is 3% profit ( that’s from bot settings )
3 safety orders triggered each at 2% drawdown that all are same size as the starting deal so it’s doubling up initial position 3 times down to 6% total drawdown
At 10% drawdown will Stop Loss

[carmine spindle]

OK. thanks, I'll try) I made a 15% grid with a cost but a lot of false signals

[placid vault]

Yeah, baby!

[old crow]

Morning 🌞good night🌛

EurUsd taking a few steps down with DXY wanting to go bullish

And USD/JPY looking bullish chop

Dollar Index correlation

And don’t forget the back bone of what drives our charts, Lux Candlesticks color. Ride the trend

[old crow]

Dollar up, Gold down

[little flint]

here he is

https://tenor.com/view/the-man-the-myth-the-legend-famous-nice-to-meet-you-gif-16682483

[proud gyro]

hi there good morning

found the support channel

ty

[old crow]

#🧠core-lessons

Guides and docs

[old crow]

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

[proud gyro]

ive read that guide a couple of times but im not sure it explains why swing trading preset defaults to autopilot sensitivity

[old crow]

If you don’t like any of the filter sets, you can create your own template by enabling or disabling the features

Turn Auto off and use dashboard sensitivity

For me, I like to create my own

[proud gyro]

Great thanks!

[old crow]

Ger30 /Dax

Crypto world hanging around chop zone

[neat turtle]

news for today

[trail lintel]

00D 1

[wicked sonnet]

Can someone help me setup alert for Neo cloud reversal ?

[willow root]

Gold looks like it's setting up for a sell. 🤔

[main summit]

#🤝support message

[old crow]

DXY absolutely nothing. Matrix told us to be patient with no set-ups yet

With DXY trying push higher, the MATRIX on 15m EUR/USD had to windows to enter short for scalps....

[hidden moss]

where can i get the video fully explained, because i seriously dont get it (feel so stopid.) ,

can someone xplain this? if the money flow stops, but we are in a bearish trend the prices will still go down? (sorry for the misunderstanding)

[dull storm]

https://youtu.be/ujisD2JieZA

[old crow]

Hey there....I know the Matrix has alot of features in it wrapped up in one, what I did was to take one feature at a time to understand it. Lets start with the HyperWave. The Hyperwave shows us immediate price trends, I have this set to TS trailstop mode to further smooth out the noise. This acts like an oscillator for precise possible entry points. Then we have the MoneyFlow. This shows us a longer trend. So inside the price movement of the MoneyFlow, you have smaller precise moves that the HyperWave shows....

@hidden moss Let me show you an exampe which I was planning to do, but no better time than now. Give me a few minutes.....

[hidden moss]

i'm looking aggain to the video, diddent had to like since i watched it on my mobile phone few days ago. (thanks,) just dont quiet understand about the money flow (and when its red its bearish trend but still moves up :D, so thats what i 'm figuring out. plugin seems nice tbh

[old crow]

The MoneyFlow shows a longer trend, then price moves up and down inside that longer trend. So the Hyperwave shows the price movements inside the longer trend of MoneyFlow

Example:

Pink arrow represnts the MoneyFlow

Shows us a longer trend

Then White arrow line represents HyperWave

Hyperwave shows us the smaller ups/down price movements inside the longer trend of MoneyFlow

Kind of like internal market structures, within the swing market structures

Smaller ABC patterns, within a larger ABC trend pattern

Here is the Matrix with the full chart

@hidden moss Does this help a little?

[dull storm]

@old crow Thank you for that explanation. Do you use the default setting on it ?

[old crow]

Default with Hyperwave TS mode on all my charts

[hidden moss]

i am studying the charts 😄 , i am trying to figure it out how i can see it without any arrows/signs on a chart. (does it work on 15-30m or is it only accurate on 1-2-4h

[old crow]

Now lets add the Confluence Zone features. This will provide a quick look for the MoneyFlow and HyperWave for the degree on how well they are in synch

[old crow]

works all ALL TF's

All indicators works on all TF's. If can be installed on a chart, it works. But the higher the TF, the less noise you will see...

[rigid lichen]

@old crow , I see your beautiful matrix oscillator charts showing 1hr and 15 minute Tf. But can't understand or find what is the linking signal in I hr chart oscillator that is anticipated in 15 minute chart subsequently? May be a dumb question to many of you.

[old crow]

This depends on how "you" want to use it with multiple TF charts. I know it's a bit confusing with multiple chart analysis. Some folks only use one chart TF and trade very successfully as well. For me, most times on the 1H, I look for clues that tells me some sort of price direction. So I use the 1H as a higher TF trend, so most times, I will look at the 1H Matrix Turning Points Up/Down in relation to the 1H candlestick formation. THEN I will jump down to a lower TF such as 15m, and try to time my entry for a higher probability by analyzing additional Matrix features, such as MoneyFlow, HyperWaves, Confluence Zones, AND Lux candle color, Trend Catcher, Smart Trail, Dashboard.....etc

[rigid lichen]

@old crow Many thanks..As rightly said, it is easier to follow single tf. But understanding higher Tf gives a bigger picture for a lower tf entry.

[hidden moss]

@old crow (probally dumb question :D)

because u draw a purple like diagonaly, so i was trying to figure it out but dont know what u mean or how u can see that on your chart? , so i maked a prtnsc with the yellow box.

about the Hyperwave i understand, its also more like the RSI (or is the RSI),

But how can u determ when the market "flips" in short/long term...
(i saw that on the video, but its not that accure seems to me?)

[old crow]

There is not a "really set-in-stone" rule that must occur for me to take an entry. Each day and each chart is very fluid in how I take entries. It just depends...but the way I see my charts is what I mentioned above...so there will be times, that my charts I marked up, wont be 100% following my set-rules. Everyday is fluid in my reasoning. The key is, if I am entering on the 15m TF, and after the trade, win or lose, I BETTER have a good explanation on the reasoning on WHY I took that trade. If I dont have a good "REASON," then that trade was a complete blind trade that I should have not taken. I must be able to explain my entry to myself or anyone else....

[hidden moss]

and about the dots, u gotgreen dots under the "hyperwave" so those or buy signals?? i think i might mis that in the video.

[old crow]

There's alot in this question you posted. The pink and white arrow lines is what I drew for an explanation today. I dont draw these at all everyday. This was the first time I drew them to help everyone undertstand how to mentally read the MoneyFlow and HyerWaves in conjunction. But for your Matrix question, let me ask you this. I assume you know how to use the traditional MACD, correct? So with that same MACD analysis, try to read the Matrix the same way, forget about the green/red dots of matrix or confluence zone or anything else. Just concentrate on the MoneyFlow and Hyperwaves. Read them like you would with a MACD. Then once you have a good understanding, then start to bring in other Matrix features into your analysis.....

Here is Matrix with the traditional MACD

[hidden moss]

yes i know about the MACD, use them on my mobile phone on bybit.

i understand that this is a picture from earlyer, but just about the money flow, it is just the red for "bearish" -50
and the green for "bullish" +50, and when it retraces from the top/bottom line the market starts to shift a little bit?

yes

so its actually "the same"

[old crow]

Yes, the 50 line is the zero line. Above bullish, below bearish

Think of the 50 line as a "ZERO" line

I will also tell you, each day since the Matrix release, I have re-read the Matrix docs many times, but at least one time everyday so far, and the same with Lux Matrix video, I watch and re-watch certain parts of the video each and every day so far....

Ok London is closed, hope everyone was safe today on this low volume day, or sat on your hands and just lurked and trolled a bit 😹

Have a good rest of your night to you folks across the pond

Me reading the Matrix docs when going to bed...

https://tenor.com/view/reading-books-bed-glasses-mark-ruffalo-gif-8071334

[hidden moss]

[hidden moss]

@old crow , btw abouyt the Money flow Lenght, what do you use? because it diffence allot.

[old crow]

Longer lengths provide longer overall trends on the MoneyFlow....you may want to play with this depending on asset and TF's ....

[old crow]

Both 1H charts, left is Moneyflow length 200, right chart MoneyFlow 35

[mystic granite]

Am I wrong or this Matrix Oscillator is kind of magic? I reviewed this indicator on a couple of stock and it looks to me perfect…. Just buy when all the confluences are green (the upside bar dark green) and get out when is getting light green. So don’t mind all the sell signals if that bar is green just stay in the market.

[old crow]

I would have to agree with you

[mystic granite]

Seriously this put every other indicator in shame…. This is a game changer.

[old crow]

Yeah, all in one, no need for anything else really

[mystic granite]

I am just amazed…. Is time to quit my 9-17 job 😂

[old crow]

I dont want to confuse anyone, but how about adding 2 sets of Matrix on one chart TF. The 2nd Matrix set with longer term lengths and smoothness. This technique can have the potential of filtering out some questionable entries.......

[old crow]

No joke

LOL

[mystic granite]

Can be an idea…. Since we don’t need anything else on the screen…. No Macd, no Rsi no stochastic…. Nothing else

[old crow]

we dont even need the candlestick main panel

LOL

[mystic granite]

I love see candle sticks ….🤑

[neat turtle]

ok @old crow lunch time,time to 500x pepecoin right right?

[old crow]

https://tenor.com/view/oh-wow-michael-scott-the-gif-25268355

[neat turtle]

[old crow]

https://tenor.com/view/sweating-nervous-wreck-gif-24688521

un react them

[neat turtle]

^

[radiant ermine]

thank you so much that was simple

[neat turtle]

are you ready for my ta micky?

[old crow]

[neat turtle]

lol

[old crow]

I can see that, and the Matrix confirms this as well, nice analysis

[neat turtle]

on a real note i forgot futures closed early today, had to close my pop trades with 1min left to spare 0.0

[old crow]

oh dang, what would had happened if you didnt close out? margin call?

[neat turtle]

its a rule break and essentially starts you over from the beginning since imjust going through the steps

[old crow]

dam prop rules, and thats why i dont go out on dates with them

[neat turtle]

thats 1 account i am working on atm

kinda like a fun game to be completely honest

[old crow]

I know a handful of good successful traders that cant pass a challenge. Its hard to trade with someone else's rules

Myself included

[neat turtle]

yeah i wasn't sure about it at first figured i would give it a go

i get bored when i can't trade spx so i wanted to dabble with ES

[old crow]

cant hurt, some are great at trading prop firms and cant trade on their own accts with no hard rules

Just gotta try to figure it out

[gray lake]

when i had 250 k profit i didnt respect the rules and had to many contracts open

[neat turtle]

0.0

[old crow]

If your trading personality fits with the Prop firm rules, then that is a recipe for SUCCESS !

[neat turtle]

what happened

if your on express funded or live account already, i believe they pay it out yeah?

so in theory @old crow have you come up with list mentally of confirmations you want for like a 3/3 setup etc to get into a position?

like for example

1. Money flow direction
2. lux candle color
3. hyperwave signal
4. higher timeframe confluence?

or something like that

[old crow]

Yeah, 1-Matrix, 2-Matrix, 3-coffee

[neat turtle]

lol

[old crow]

Lux candle color, then 1H matric, 15m matrix

[sterile cosmos]

I had to make a strategy that specifically worked with prop firm rules.

[neat turtle]

tbh i opened two accounts right before i started using matrix and hit the price target on both accounts in two days minimum trading, mostly ES and a few yen trades in there

Matrix is truly a game changer

[radiant ermine]

Good question what is the checklist you are looking for to enter a trade @old crow

[neat turtle]

^

[sterile cosmos]

Not using matrix right now. How are you using the tool?

Sounds incredible

[neat turtle]

i would suggest reading the lux documents first about all the stuff in it, its kind of alot. And then watching the youtube video that goes over it one by one

micky post a ton of good stuff in this channel with setups he sees different stocks charts etc

I don't do swing trading really myself as i focus on SPX and ES but if you are a higher timeframe type of person just glancing at some stocks the matrix has caught some huge movements

[sterile cosmos]

No, I'm a 3m tf trader.

[neat turtle]

i mean i personally trade the 15 and 1 hr

scalping

[sterile cosmos]

I'll review again. Thanks Gemini

[old crow]

#💬hangout message

examples on how I "see" Matrix

[neat turtle]

but i think ppl have looked at the lower timeframes with it

[sterile cosmos]

Cheers @old crow

[old crow]

I scalped with 30 seconds on a fade last week...crazy stuff

[neat turtle]

[sterile cosmos]

The whole suite it just incredible to be honest.

[neat turtle]

[sterile cosmos]

I'm starting a Twitter account posting my results soon.

[radiant ermine]

sounds good what was the other TF on that scalps

[old crow]

It wasnt a normal trade, There was news pump and I took the fade, just pure gamble using matrix, ill have to find that post

#💬hangout message

pure mindless gamble

LOL

Basically I entered on a hunch and the fade of the pump that happened way to early before the actual news, then while in the trade, i used matrix to keep holding on...

[neat turtle]

i think we could have some movement like that again with Australia tonight btw @old crow

[old crow]

Nice, I dont think ill be doing this 30 sec thing again, LOLLLLLLL

that was stressful

LOL

[neat turtle]

little pepe 100x short here little pepe 100x short there

matrix is a straight cheat code lol

[old crow]

[neat turtle]

it doesn't really matter what asset

different timeframes for crypto of course

the moneyflow is so important

look how easy this was to catch the dump on BTC on a lower timeframe just now, such an easy scalp, literally watched the overflow stop then BOOM

[old crow]

1M BTC

Thats is totally viable with 1H, 15m, and trade management on 1m

[forest geode]

Bro please explain

[old crow]

You have to be quick thinking, no hesitation on the 1m, no baghold

[old crow]

Enter on 15m, based on overall 1H trend. Exit on 1m at the first sign of flipping

[forest geode]

So far I only understood Oversold overbought and divergences

[forest geode]

Would you mind accepting frnd req my friend ?

[neat turtle]

Start with the youtube video

that goes through each thing in the matrix one by one

lux has put one out

[old crow]

not at the moment, maybe one day soon...

[forest geode]

Bro please don't mind and don't get irritated! I really respect you a lot and everyone! I have a huge hunger to learn but I lag in finding confluence sometimes! Would you mind explaining how you predicted this dump 🤔

[old crow]

Since this is 1m, I place emphasis on the HA bar pattern with Trend Catcher, then the Bullish Confluence zone truned into Bearish Confluence zone with Turning Point Down with Moneyflow and OverFlow. After entry, I would had closed out on the next Turning Point flip to Up for small loss, if this was a bad trade

[hidden moss]

what how much should you do within 2 hours time frame 0.01 or slightly higher ?

@old crow

[old crow]

im not sure on your question?

confused on what your question is?

[hidden moss]

how much leverage should you do within 2 hours time frame

[neat turtle]

@old crow i know you don't use signals alot but your sensitivity or auto sensitivity does still effect candle color with signals turned off, do you normally just keep auto sens on short term / long term?

[forest geode]

@old crow thanks 😊

[old crow]

thats still confusing. Leverage has no relation to the time slot your watching the charts

[neat turtle]

^

[hidden moss]

okay so you better 0.01 or higher?

Mt4

[old crow]

Yes, the Auto Trend does affect the candle color

[neat turtle]

do you normally keep yours on short, referring to actually trading futures with 15min and 1hr timeframe

i normally just stick mine on 10sens or whatever optimal the dashboard is showing, but sometimes i find autotrend works a little bit cleaner

[old crow]

I like short for my small scalps. mid term is pretty good at filtering entries as well

[delicate shadow]

@main summit I wouldn't have noticed if you hadn't highlighted your email address 🙂

i got it done

[dull storm]

@old crow Can I ask what brokerage do you use to trade

[old crow]

oanda integreated with TV charts

[mystic granite]

So let me do my check list:

• optimal sensitivity (1 hour and 15 min)
• go on 1 hour time frame and check
  A- green candles
  B- Dark green upper confluences bar
• go on the 15 minute TF and check even here we have:
  A- Dark Green upper confluences bar
  B - Green Candles

At this point ENTER LONG.
Get out of the trade when the Bar gets light green.

Am correct or missing something?

[wise spoke]

The Strat by LuxAlgo goes crazy bro

It's a real beaut for catching the start of a trend on small TF with crypto it seems

[old crow]

Sounds, good, but make sure the Matrix hyperwave and moneyflow are moving in same direction. Because when you say dark green, i have that as birght green when everything is in confluence

[wise spoke]

Now this aint going to be near as clean as @neat turtle or @old crow charts but basically to catch the trend reversal on low TF Crypto, i've been doing the same thing Micky has preached the last couple of days and added "The Strat" by LuxAlgo and used the Pivot Combos to see where there might be a reverse in the trend... Took entry on light blue arrow down for a long

[mystic granite]

Mine is darker actually….. maybe cause I use the white screen.

[old crow]

actually, yours is bright green when in confluence, dark green is till good for bullish, but bright green has more confluence

we are talking about confluence zones, right?

the horizontal trend bar top and bottom of the Matrix panel

This is where its confusing from the Docs and my chart, because I changed the colors on mine

[mystic granite]

Mine is like that….. I think confluences maximize when upper bar is darker green….

[old crow]

ok yeah, when using a white background, it is different from my darker background

so for your white background, then yes the darker green is best

[dull storm]

@old crow Do you think there is any sense of using it on 3M and 5M TFs, or just like u said buying on 15M and checking trend on 1H

[neat turtle]

I didn't know for a long time that luxalgo had made an indicator after the Strat, I learned about it from the guy that actually made "The Strat" and was looking for a indicator i used to use and saw lux had one

the strat is very very good if you know what your looking for

because its completely based off price action

for example

[old crow]

Use any multiple TF's for analysis, its up to you to find a good combination for your style

[mystic granite]

So when on the 1hour I get green candles and green (my case dark green) confluence zone ….. I go down to the 15 min and only if even here I get the same confluences (dark green zone and green candle sticks) I enter long.
If in the 15 minutes I still have other color candles or a confluence zone not green …. I just wait till they green in order to enter Long.
Am I right? Or I miss anything?

[dull storm]

Yeah I think I just need more time and experience to find it, but thank you for so much information you give here.

[mystic granite]

Does HA candles work with this strategy?

[old crow]

#💬hangout message

[neat turtle]

Micky uses HA candles

[hidden moss]

Its ninjatrader a good broker ? @old crow

[old crow]

I used to use NT for a long time many years ago. They have several futures broker that you are able to integrate into the NT charts. I used to have AMP Brokerage with NT, they also have their own NT Brokerage and I believe they still have Optimus Futures that can also be integrated into NT charts.

[hidden moss]

o okay but is a good broker then?

[old crow]

For me, yes

[hidden moss]

Okay thx

💪🏼

[neat turtle]

@old crow how long have you been using HA candles with lux, and overall do you think its better

[old crow]

If I trade with them and post my charts with them, I would assume they work for me, right? 😹

[neat turtle]

I have no doubt they work i've used HA candles for a long time off and on i was just wondering your take on them with indicators, overall i love the look of HA but it is a lagging candle of course sometimes i wonder if they make the matrix better because less false signals or sometimes worse

i guess like you said before if your not trying to get the perfect entry and exit it doesn't matter so much

[old crow]

There is no right or wrong answer. Doesn’t matter what kind of bars you use or indicators. If you can be consistent and profitable with your own chart, that’s all that matters.

Matrix is great with any type of candlesticks….that’s for sure

[neat turtle]

I agree, and that makes sense

quans old qqq strat they ran was with HA as well

[umbral marten]

Exactly, just use oscillator matrix and be happy lol.
Just changing the color from grey to soft red on downturn made it so visually indicative, combined with reversal and reversal+ its gold right there

[old crow]

Nice...

[old crow]

If I do that, I would have to use a different background color, LOLLLLLLLLLLL

[umbral marten]

lol thats true,
I just like black background and the trend to be in green/red, easy for my brain to interpret

[forest geode]

I like this one 👌

[nocturne bone]

Hihi I just joined today nice to E meet everyone

[old crow]

Remembering the days of Neo Cloud

🤔

[gray lake]

lol

[gray lake]

What candles do you like using and why

[old crow]

I like HA, worka for me a I scalp small TP's

[gray lake]

Meaning don’t neo cloud anymore or should use it or

Gives a good range of directions

Even for leverage directional

[old crow]

I post charts on daily basis to show how I use my Lux template with my strategy. Sometimes I add different indicators from time to time just to see and experiment. Its not that I am using them for my strat, it's just to show everyone ideas. For me personally, I always try out different indicators from Lux TV library constantly. I never stop trying new things out....

Here's a chart with Trend Chaser, Trend Catcher, Neo Cloud, and Matrix

[gray lake]

Tv? Library ?

[old crow]

LuxAlgo TradingView Indicator Page with their library of indicators

[gray lake]

if doing trades on shorter timeframe should i change ossilator settings

[gritty kite]

I used to use Neo Cloud a fair bit a while ago.
With the new Matrix Oscillator, I'm not using Neo cloud anymore but am using Smart Trail alongwith the Matrix Osc

It helps to quickly spot reversals

[old crow]

This is up to you really, just depends on how you trade and how precise you like the triggers to be. By the more detailed and precise the sensitivity, the more triggers you will receive, leads to more false triggers as well.

15m Dollar Index DXY - I use this most times for correlation to most currency pairs.

[mossy heron]

@old crow what settings for matrix? i am a new trader. Thanks

does TF matter?

[old crow]

I have Matrix on default settings with signal as TS

[mossy heron]

you sorta use it like a RSI?

[old crow]

Fo me, I use the same settings for any TF. But others have different settings for different TF's and they are successful with it as well.....

[mossy heron]

i saw the video describing the different features. what do you look for with it?

[old crow]

There are many different ways to read and use Matrix with your chart analysis. Take a look at a few charts I have posted in the past with my notes on them, here -#💬hangout message

[mossy heron]

thanks

[wise spoke]

Happy Tuesday people 🤌🏼

[shadow zephyr]

Omg I’m selling gold

[grizzled jolt]

Any prediction for stock price today?

[little flint]

https://tenor.com/view/crystal-ball-gif-25122500

[humble coral]

just wonder - how can we backtest the buy/sell signal of luxalgo?

[main summit]

You can manually do this with TVs replay feature 🙂

[mystic granite]

There is possibilities to set sensitivity to autopilot so it automatically adjust to the optimal sensitivity? Cause when I check autopilot it goes to short term/middle or long…. But I don’t see adjusting to optimal sensitivity

[delicate shadow]

I want to set an alarm for candles that turn first green or first red. how can I do it?

[celest pasture]

It’s bearish or bullish confirmation

[mystic granite]

How do I set alarm for buying and selling signals?

[celest pasture]

Hmm my bad I think it’s bullish/bearish confirmation turn strong

[old crow]

Then that would be turning the auto pilot off and using the dashboard sensitivity

[celest pasture]

If you pay attention to signals when it’s bullish / bearish + it’s already green or red so you have to add 2 more alert bullish + and bearish +

[little flint]

https://tenor.com/view/think-smart-gif-22411928

[hidden moss]

What is the best time frame ?

[old crow]

Good Morning, Dollar looks like losing steam to the upside?

[finite bear]

This might be useful for someone. Just 20pips trade , using Matrix settings: Main length=6, TS=2 and the rest default.

[hidden moss]

i am only making loss someone help plzz

[frozen sand]

here comes our savior

micky--------

[finite bear]

Where do you need help?

[hidden moss]

the strategy

And how much money is in your account?

[frozen sand]

that personal question. he might have alot or none.

[finite bear]

Forget about how much someone else have in their account, you will be confused with that kind of mindset.

[hidden moss]

I have 80 euros on mt

[finite bear]

The strategy is very simple, just Trend catcher and tracer only and watch let it come to you

[finite bear]

Yes, that is what you have, your trade should be 0.01

[hidden moss]

Okay

I have already lost more than 500 euros

if I bet on trade I think yes this one is good then I always get a loss how is that possible

[old crow]

Yeah, true, we all and/or myself, may have $1 or a $1mil, the key is learning and finding that set-up on our charts...

[old crow]

Just a suggestion. You can learn and practice on a demo account for a awhile until you get the feel for it..

It doesnt matter if we all trade on our live accounts or practice demo accounts. What matters here is creating your own Lux stragey template and learning how to spot the set-up

[hidden moss]

Oke

luxalgo do I have to pay starks again

[old crow]

Yeah, just practice on a demo account. But remember to use your brokers demo account data feed. Try not to use the TradingView Paper Trading account, as the TV spreads will differ from your brokerags spreads.....

[old crow]

starks?

Nice chart with the Aussie Cad, huh?

Anyone shorting the GBP/USD on the news?

[frozen sand]

in with you shorting

[old crow]

HERE WE GO !!!!!!!!

[frozen sand]

you should have made your 10pips by now

[old crow]

Dixie going higher on the news drop?

[frozen sand]

yes yes yes

gu should fall more

1.26818 at least

[old crow]

USD pairs trying to move with Dixie

[frozen sand]

are you loving those dildos mickey on gu?

[old crow]

I dont know what your talking about

[frozen sand]

GU short. 1min lotsa dildos

[old crow]

I know there's traders here panning for gold?

[old crow]

Dang, 1m?

Im afraid of 1m

[frozen sand]

im just monitoring.

apparently you said you love 30s 😂

[old crow]

Loving 30s is different than 1m. 30s not as scary as 1m

hahahahahahahahahaha

But I did get my 10 p's here

Im nursing the aud/usd as well

[frozen sand]

phew..

double pairs..

[old crow]

the usd pairs seem to move nicely today with dxy

[frozen sand]

we waited for AUD long. gave up hope as no signal printed. Jumped on our fav cable

[old crow]

This looked good, was asleep on the news release that pushed it

[old crow]

It was a slow chop down, but got my 10pips finally on the DXY pushing higher

[hollow oriole]

im long SHOP and looking to get in SNOW. i hope shop actually mopves this week

[shadow zephyr]

Hi Micky

what is the meaning of green number and red number at the highest volume ?

[old crow]

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

do you mean the numbers next to strong high, weak low?

Matrix triggers for confirmation going short on GBP/USD

Same with AU

MATRIX Turning Point Down

[old crow]

I dont think I ever seen these asset charts before....hmmmm

[tough goblet]

GU looking like it's hitting some resistance on the 1hr

[old crow]

Heres GU on 2 instances of PAC

[tough goblet]

Sorry, i meant AU; GU looking good for more downside.

[old crow]

Add something called the MATRIX to PAC, and there maybe something good to look at

[tough goblet]

Your settings must be a little different than mine.

[old crow]

For PAC, I switch back to regular candlesticks

HA bars will not produce accurate levels, as it is formed differently vs regular candlesticks. BUT using HA on PAC is neither right or wrong....

There is merit with using market structure and HA bars

[tough goblet]

When I switch back and forth price blocks (support/res.) stay the same.

[old crow]

Yes, sometimes it does, as PAC features uses highs/lows/fractals for levels, and the highs/lows of HA are accurate as well

Most, there will be times, that FVG's may be missed on HA bars, that may be a good or bad thing, as it keeps your charts cleaner

HA open/closes will not provide the FVG's that you may want to see with PAC

Metrics will differ slightly as well

BUT Im with you, I love HA to the moon!

[torpid gyro]

Hi Micky, Why do you love HA? I am always worried that I am making decisions based on price that is not "true".

[old crow]

I am basing my decisions on trend, trade with the trend. So HA bars provides me with the immediate trends that I am looking for

Using regular candlessticks is great as well with Matrix, just depends on your strategy and your style

For me, I just want a little piece of the trend. I dont need to be exact on entry, or exact on the exit I just want a tiny piece in the middle

Here is Au on regular candlesticks, MATRIX is just as good

Matrix Turning Points

[ornate sleet]

What is Matrix?

[old crow]

OH MAN, YOU are missing the best thing since sliced bread

#🔊announcements message

[tough goblet]

You are in for a big surprise

[old crow]

Here is Lux Matrix on TradingViews High/Low bars

Matrix still on with these bars

Range bars

Matrix works on everything

I should actually say, LuxAlgo works on everything

[old crow]

Anyone take this good Matrix short on gold a little after news?

Matrix Turning Point Downs

MoneyFlow bearish

Confluence Zone screaming bearish

For those that use lower 5m TF, your entry was earlier

[tough goblet]

Only in my head. Matrix was spot on. 😩

[old crow]

Dang cad/jpy

Cant win them all, took a 3rd trade at the same time as aud/usd, gbp/usd, but it was SLOW, but stayed in during the chop with Matrix Moneyflow. Moves my TP to +1 after I saw a bunch of HA bottom wicks on the candles that could push to my 10pip TP

It may actually hit y 10pip, but im not pushing my luck, im ok with 21 pips for the day

[frozen sand]

Dont tempt me im trying to sleep you know

[old crow]

😡

[old crow]

matriXXXXXXXXXXXXXXXXXXXXX

MATRI❌

https://tenor.com/view/one-more-gif-7226003

[frozen sand]

Oh my cadjpy juicy

1hr confluence 15min turning dot 🤑

Candle color its all there for orgasm

[old crow]

i know right? after i close

LOLLL

[frozen sand]

Why now why not an hr befo 🤧

[old crow]

i enter long time ago, LOLL, it chaopped

enered too late as i wanted to wait for news

[frozen sand]

Always burst after choppy

[old crow]

yeah i enter on last before chop, LOLLLLLLL

cad's hate me i guess

[frozen sand]

No it was telling you stop hunting 10, go for 50+

[old crow]

https://tenor.com/view/its-a-trick-eric-cartman-south-park-s4e11-probably-gif-21638701

Watch your pairs now, dollar reversing a bit

For those in the USA, did you know you could trade the BTC futures with regulated brokerages?

[neat turtle]

😦

tstrader doesn't have it

does ninjatrader?

[old crow]

Any NIFTY traders? looking good for you with MATRIX

[old crow]

Im not sure, its been years since I used NT, I know TradeStation has them

Try looking at AMP Futures for Ninja

[lone talon]

Hi Micky what are your settings for PAC above - I see you have two Lux Algo PAC indicators

[old crow]

I have one PAC showing higher TF OB’s with different colors. Example, if I’m on 15m chart, this PAC will show 1H OB’s only. Then on the 2nd PAC, it will show the charts TF of 15m swing structures, OB’s, imbalances, Premium/Discount zones with Strong/Weak HL

Basically adding another PAC just to show higher timeframe OB’s

[lone talon]

Okay thanks.

[radiant ermine]

do you set alerts and if yes which one do you recommend in your strategy?

[old crow]

I actually don’t use alerts….

If I were to, I would like to use a Matrix alert, either a Turning Point or MoneyFlow on the 1H or 4H

[mystic granite]

Today I m killing the stock market with the matrix…. Set alarm at turning point is powerful 💵💵💵

And combined with the chart helps you to stay in the market more then you thought …. And getting more profits 🤑🤑🤑

[old crow]

Outstanding!

[mystic granite]

I am amazed….. setting an alarm on the turning point is the game changer. Better if in the proximity or over the oversold/overbought zones. You can see the confluence zone color changing and then …. IT IS GAME OVER! This stuff is pure magic…. I tried 1000 oscillators but nothing come close to this.

[surreal fog]

Settings please for nifty

[mystic granite]

Pretty similar…. He does on multi frame . I just do 1 hour. It is the first day I m using the matrix so I don’t want give wrong advices. But looks to me that turning point (in the overbought/oversold zone or near it) are potential best entry …. Soon after they show up the confluence zone begin to change color and 1/2 of the confluence is done…. Now pair it with the trend of the money flow (you can notice if is changing to red to green or viceversa) and that gives you 100% of confluence zone. Now that the confluence zone super green don’t get out of the trade ….. stay in till another turning point or till the confluence zone is changing color. This helps to stay longer in the market and squeeze the hell out of it.

[old crow]

Same settings for all my posted charts. Lux Aglo Auto Short Term, you can try Mid Term as well. Then Matrix default settings with signal as TS

[wise spoke]

Quick question friends, is the Overbought turning point down in matrix OB Up Turning point or Down Turning Point?

[old crow]

Logon confirmed it was tp down

#🤝support message

Daily EUR/USD

[wise spoke]

Appreciate it boss, haven't checked VIP support much but will start to

[old crow]

Daily USD/JPY

Daily GBP/USD

Daily GOLD

Whats the moral of the story?

Higher TimeFrames as trend bias are safer, I do believe 🤷🏻‍♂️ Just an opinion 🤷🏻‍♂️

LuxAlgo Candlestick Colors

LuxAlgo Oscillator Matrix

Thats the secret sauce

[desert plaza]

Thank you for your help. 15m TF works very good for SPY

[old crow]

It sure does

[old crow]

Lets hope the USD Dollar behaves for the rest of the week. Since last weeks dump, its been a choppy ride with the DXY and it showed with the major pairs.

BITCOIN, anyone fading this nice bullish move?

BTC Futures

[onyx cape]

can you confirm your best settings for the matrix indicator @old crow

been playing with it, feels like current setting has a bunch of dots and maybe fake signals? still testing..

[old crow]

I have default settings and changed the "signal" from SMA to TS

Try TS trailstop, this should limit the dots turning points

Also try increasing the Main Length, this will smooth things out a bit and limit the turning point dots

[onyx cape]

how to activate this mate?

[onyx cape]

ye already playing with increasing it from its default of 7

[old crow]

Go to settings

[old crow]

I leave mine on default 7. But you mentioned your receiving too many dots, so increasing this Main Length will limit the dots. Also, the chart timeframe is a big factor as well, depending on the asset, using a small timeframe can produce more dots than you like. Try looking at 1H or 15m timeframe and you can go from there…

[onyx cape]

thanks mate

im looking to trade smaller minute time frames for scalps

[lunar finch]

you changed TS to 2 ?

[old crow]

for now, I just wanted to tighten up the TS waves a bit.

TS 3 is good as well for me

[lunar finch]

🐐

[outer matrix]

I think you can trade by just using the new Oscillator LuxAlgo without the chart - it is dat good haha lol

[ocean thicket]

how do you have yours set

[outer matrix]

Out of the box default settings - I did change the colors and playing with the Divergence Sinsitivty to get it dailed in for my quick scalps

[ocean thicket]

whats yout divergence set too 50 percent?

[outer matrix]

It was 20 and changed it to 35 - it will depend what time frame you trade and if you want to see long or short Divergences

@ocean thicket

[molten haven]

Anyone else find the signals to be superior on heikin ashi charts compared to regular candles?

[old crow]

https://tenor.com/view/shhh-shush-silence-nose-gif-17895433

[gritty kite]

I find it better on HA. Everthing is smoother. But as Micky says, Shhh

🙂

[old crow]

https://tenor.com/view/secret-lover-admirer-crush-secrecy-gif-25102103

[gritty kite]

I hope you look like that in real life 🙂

[old crow]

https://tenor.com/view/kitty-forman-debra-jo-rupp-laugh-meme-hysterical-laughter-lol-gif-24893555

[gritty kite]

Oh no. Who is this

I just went from bullish to bearish 🙂

[old crow]

too funny

[gritty kite]

How's your day been my friend

[molten haven]

Did I crack the trading code? Ok I’ll keep it shhh

[old crow]

It was bound to happen, but I didnt think it would be you to mess up

🤣

[finite bear]

Good morning everyone

[junior zinc]

Do the signals come late to you guys also?

[signal galleon]

Hi @old crow can you share your settings for premium indicators. I am a new member and looking best settings and try to understand how it works..

[frozen sand]

#💬hangout message @signal galleon

and there is no best settings.

[signal galleon]

why

[frozen sand]

keep watching Lux videos on youtube over and over again. you wont understand a single thing with a days. unless you study

read manual on lux website (tutorial)