@desert plaza has earned the Lux Level 1 role!
#💬hangout
1 messages · Page 46 of 1
I actually did use the Range Sentiment Profile off and on in the past, its good, it has its place in a good strat. Then they released the public Liquidity Sentiment Profile, which actually works great for me, as it shows key nodes for previous sessions. I use these highy traded nodes, like one would use order blocks.
Great I will try it. I feel very comfortable with the Signals and the Oscilator on the 15m TF on Spy
It has been helping me a lot for extra confirmations
Now, which is the indicator that shows me the HOD? I am asking because I use to trade the Break of the HOD or the LOD
I know that LuxAlgo has one but I cannot remember the name
The PAC has the daily levels, for Previous days H/Ls, weeklys', Mondays, etc
Not sure if this is what your looking for?
I have those on my charts
Ok thanks for the answer
Yes, that is what I need
I trade Breakouts so those levels are key for me
Cool, also TV itself has the auto pricelines for the days highs/lows as well
Is my main strategy
TradingView? Good to know. I have the Pro version but I have not made a good research on it and how It can help me
Chart Settings > Symbol > high/low
Also the Lux Session indicator plots the highs and lows of the day as well for each session....it can also plot the trendlines, mean, and vwap on each session....
Thank you for the information
Could you please share it to me? Thanks 🙏. You can DM
Hey y’all if you guys trade binary options and know how to trade using luxalgo indicator please DM . Thanks
Have a good night everyone, that’s it for me and Friday 😴
Hey so this is my New trading strategy with multiple confirmations what do you think?
So I wait for the Purple line to be under the Blue Orange and Yellow lines
I then look to see the trend of the stock indicated by the light blue line and also that make sure that green line is green (and not red) to confirm the trend to then go for the entry for long position
Results on what the trade would have been if I had taken it (was perfecting this strategy and was back testing )
Nice
Alternatively for short positions the purple line has to be above all Yellow Blue and Orange lines the trend has to be red and the trend line also has to be red
And here are the results of a back test
Does it always work on 1M time frame?
@gleaming spoke has earned the Lux Level 1 role!
Would appreciate if anyone could tell me any other indicators to help me make the confirmations stronger
Matrix
Go to #📈stocks-futures-chat and check out the pinned message. Someone posted impressive strategy there
@gleaming spoke it’s a little hard when the stock is trading sideways but once it breaks to either side you should be able to get in on a trade and bank
I’ll check it out
hi, are there any settings for 5 min time frame ?? I only trade scalp .
Someone tell me what is the strongest Signal for the matrix with photos
Pls
Can you show me all@the settings
got influenced from your screenshot mate, refined tactics. and MICKYS 10pip a day no more just 10pip. I am amazed what it got. Session time 8pm-1am (Au time) -trades from those periods only, thats when im active.
Results Below: -
1pair whole June. GbpUsd
20x Trade setups
16x Win
4x Loose
6x No trade setup day.
that sums up around 80%
average trade holding time 20-35mins
Hi there, how would I get access to the LuxAlgo backtesting system?
Unfortunately you cannot, this is in closed beta for our lifetime users only, sorry
I’m one week
@potent mauve has earned the Lux Level 1 role!
Can you send the settings
it's 10 pips a trade not a day but you can do 10 a day as well
My bad sir you are right.
Morning or Goodnight 
Hey hey, good to hear your plan is consistent and profitable 
Well now I believe why you after 10pips
Out of those 20trades I would have gotten 10of those with 30pips. And rest loss or BE.
Small target easy to reach and consistent
Yeah, it’s better for your confidence
I feel confident after seeing those to go for bigger lots now
0.5 😅lots
Not even a full one
Now you know

Max 3pairs to keep eye on. Or else miss trades
Jpy pairs needs double lot compared to usd. Hence always jpy pairs gives me lower return. Certainly this Saturday was fruitful
No setups day happens too.
How you became a lifetime user. i didn't see any of these options when I bought the access.
Don’t get me wrong, going for larger TP is great as well, nothing wrong with it, but you have to have a reason to stay in the trade. If you stay in a trade and just hope and pray that price moves farther, then that’s the wrong reason. If you entered the trade with a reason, then you should exit the trade with that same mindset, with a reason. If you entered a trade because of what you saw in your indicators or how you read price action, then go for larger TP as long as the indicators and price action tells you to stay in the trade. But if your staying in that trade just to hope and pray, then that’s the wrong reason.
It is no longer available unfortunately 😦
Hi any indians who trade in indian market??
The LuxAlgo Oscillator Matrix toolkit focus on providing features with an high amount of confluence.md. Learn more about how to use each oscillator mode on the following page.
Take a look at Turning Points and Reversals
EUR/USD 1H, Almost a perfect McDonalds pattern at 89.92%
🍔
The Bart Pattern Short was spot on for the 1H Eur/Usd
1H Gold Bart Pattern Short
Inverted Bart Pattern for Uptrend
1H DXY Bart Pattern uptrend.
The Bart Pattern is actually a candlestick pattern for UP Trends or DOWN Trends. We can adjust settings to auto draw the box around the candlesticks that form the pattern or draw the Bart. The indicator also indicates wether it's in a Up Trend or Down Trend, upper right corner of chart.
1H Gold Down Trend
Example, with this 1H Gold that signals a Down Trend move, we can look for Short entries on lower timeframes. Keep looking for Shorts until the pattern reverses for an Up Trend.
Just an idea for a simple pattern indicator
Here is 15m Gold
We could have taken some short entries on the first pattern to go short.
Then it signals the pattern for an Up Trend, in which we wait for a Down Trend pattern to take another short entry in the direction of the 1H Pattern Down Trend
🤣 such a legendary indicator
McDonald’s themselves even endorsed it https://twitter.com/luxalgo/status/1489977183468756998?s=46&t=dXikksDHAvQw_tEe0XuOLQ
how do you know what time will you exit? there are a lot of signals? which is ours?
This is just a simple set-up for entries, then we can use othe Lux indicators such as the Matrix for exits.
Here is a better example visually. This is the 1H and 5m Gold.1H plotted a Down Trend pattern. Then we can use a lower TF like the 5m to look for Shorts only. There were 3 possible Short entries on 5m
are they range bro?

Break down, or Break up 
Same concept for the McDonalds Pattern
can i use ltf market structure for this
I dont see why not, look at the charts I posted, it works on the 1H and 5m combination
you are hero bro
Take a look now. 1H and 15m AUD/CAD
1H Down Trend with Smart Trail
Take Short entries only on 15m Smart Trails
There is your Bart Pattern Strategy, courtesy of LuxAlgo 
It doesnt need to be complicated
We can do the same with the McDonalds Pattern, Exactly the Same.
15m enter Smart Trail downtrends, and use Matrix for trade management and exits areas.
Nice set ups on this chart!!!!!!!!!!
for SWING traders - BTC Daily and 4H
We can combine the Bart Pattern with the McDonalds Pattern. On the Daily BTC, the UP TREND confirmed back in January 2023. The Uptrend continued until we got a McDonalds DOWN TREND signal that is CURRENTLY forming today at a 57% likeness of the actual McDonalds logo. This is when we closed out of Swing long positions on BTC
Just an idea, not a perfect strategy as we need other confluences from Lux indicators, such as the Matrix

Thats all I got for Saturday

More advanced but measuring low risk at the edges and with Matrix, PA at Supp/Resist and other secondary confirmations these often present high prob scalp opportunities but again the easier trades are as mentioned above by Micky and myself with smaller time frame in alignment with the trend of the higher time frame...
This is actually a great simple explanation in using the Matrix with Signals and Overlays with key levels 

Anyone overwhelmed with Price Action Concepts PAC, with all the features and metrics? confused? Whats the best PAC set-up? You can trade SMC, market structure & PAC, in so many ways. There are so many strats with SMC/PAC. It can be overwhelming for sure. I still am overwhelmed myself. You don't have to enable all, or most of the PAC features. Keep it simple, and Concentrate on one SMC/PAC Concept. Pick a concept that you like, and just concentrate on THAT alone. - Example, lets concentrate on the OB/Breaker Block strategy. The 1st chart is 1H GBP/USD with 1H OB/Breaker Blocks only, disabled other PAC features. The 2nd chart is the same 1H GBP/USD, but this time, with a higher TF of 4H OB/Breaker Blocks. Add the Oscillator Matrix for ENTRY and EXIT trade management.
On your 1st chart you have a block that is gold. My guess it is a certain setting but I don't show it on mine. Can you show me your PAC setting?
It is the color change from OB mitigation to Breaker Block
I made the colors visible
Ok, got the color but I'm still missing that block. I starts back between the 12 and13th. Not a big deal but more curious.
I just increase the number of OB's to be shown, increase yours to 10 to 15
Ahh, got it. Thanks!!
Since we are just using one concept, the Breaker Blocks, there will be fewer set-ups. So to get more set-ups, just increase the "Shown OB's" and you can use the metrics to see which OB/Breaker Block has the highest potential.....
Guys, are you using the oscilator matrix?
Oh yah!!
I trade with the macd and the stoch+rsi I find it difficult in the oscillator matrix to see trends and find entries
OH HELL YEAH

I dont leave home without it
Is it that I see that there are many happy people and I really don't see an imminent entry as with the macd? I'm still on the previous version, do you have a graphic example of an input or output?
I mean, something like when you cross the macd to go long or short?
@edgy basin has earned the Lux Level 1 role!
#💬hangout message Check out these screenshots with notes. I constantly post charts everyday....
Ooooh that's great!!! Thc buddy
I never use Oscillator matrix alone. Pair it with PAC
@tough goblet has earned the Lux Level 1 role!
Sure no problem, if you come into this Vip Hangout, this is where I post most of my daily charts with notes
Amazing!!!
Thx a lot
The other rooms, dedicated to certain asset classes, are kind of quick/fast paced, as members are chatting and setting up entries on a few strats they concentrate on. So it is best for me to post in the VIP Hangout, general basic charts/notes, so not to disrupt the flow in the other asset rooms...
Depends on what feature of the Matrix is your trigger signal for your strat. I see that price is hitting a Premium zone, but the Matrix is still in bullish Confluence zone, but with hints of a possible reversal (reversal dots/triangle)
Maybe wait for price to be near an OB and either near a Premium or Discount zone, then look at Matrix for triggers to enter into a direction....
green features = bullish, and vise versa for red
The LuxAlgo Oscillator Matrix toolkit focus on providing features with an high amount of confluence.md. Learn more about how to use each oscillator mode on the following page.
You need to study the docs and watch the Matrix video
The new LuxAlgo Oscillator Matrix v6 is a complete revamp of our premium oscillators toolkit. A new, next-gen systematic approach to a premium oscllator.
For active users - Refresh TradingView & add the LuxAlgo Oscillator Matrix from your invite-only scripts! 📈 You can also optionally get our previous v5 oscillators within the LuxAlgo member’s ...
American Express 🙂 :))
New updates out of Signals & Overlays and Matrix Oscillator. New alerts in it. Very helpful . Can't wait to test them live. Thanks @analog onyx @thin trail and all the other people involved in its release 🙏
🥂🥂
I ve a question about how to use if to use the optimal sensitivity indicated by the dashboard. Let’s say todays optimal is 10 and I set an alarm on confirmation signals. Now we all know the optimal sensitivity changes with time. If the alarm I set give me an alert 3 days later when optimal sensitivity is for example 17. The alert adjust itself to 17 or is still set on 10???
For swing trader what’s your best autopilot sensitivity (I have an other algo wich l set on short) can short work well?
I assume the alerts will trigger on the settings you manually inputted, as the indicator is not able to auto adjust to the dashboard changing sensitivity. As far as swing trading, just depends on your definition of swing and how long you want to hold your trade through the eb and flow. I would use the Neo cloud for the swing strat, and the auto either mid or long term. Just depends on the asset.
Great Update on Matrix 6.1. 💪 Now that we can add several confluences in one custom alert, what would be some of the best confluences combo to put together to take the safest entry. ? 🙏 https://prnt.sc/pfb9Xa7sqhXb
How to get old stochastic oscillator? Getting confused in new oscillator sometimes
Hello everyone, I'm new to the discord. I just purchased the premium subscription this morning. Are there any French people here ? Have a great day, everyone!
Yes ….. the neo cloud looks perfect . I m back testing forex with ne new strategy:
BULL ENTRY
- Buy signal short term
- neo cloud blu
- extra confirmation: Matrix, support resistence levels, trend channel, trend catcher. (Those are important but not mandatory - I don’t like to have millions confirmation to enter a trade)
EXIT
- exit signal
- overbought signal matrix
Back tested on AUDUSD 1 hour chart
- trades 6
- wins 5
- lost 1
- win rate 83.3%
- wins: 0.75% - 0,47% - 0.47% - 0.76% - 0.86%
- lost: - 0.45%
Nice 
EUR/USD 15m PAC Template with 15m OB's
EUR/USD 15m PAC Template with higher TF 1H OB's
EUR/USD 15m PAC Template with combined 15m and 1H OB's
Like it! How did you get both 15m and 1H OB's?
Same concept with the Liquidity Sentiment Profile (highly traded Node levels)
2 sets of PAC on chart
I wonder what the chart would look like if I overlayed the combined OB's template with the combined Liquidity Sentiment Profile? A complete mess? 
Worth a look.
It's interesting, it is a bit of a mess for someone else looking at it...
I dont think I'll post it, its a mess, but at least I know what to look for myself
I love the order blocks. Just like magnets.
Yesh agree. I also traded the LSP nodes past 2 days with success, so I am torn on which to use...
BUT, I think it doesnt matter what you have on your chart, as long as it gives me a reason to enter, then that is all that matters to ourselves....
I like the OB's in the sense that it auto draws the OB's. With the LSP, I have to highlight the higher TF node levels, arrgghhhhh
And there lies my problem. I need to get discipled to stay on one setup and focus on just a couple of pairs.
Yup, too many good stuff to chose from
Or I can always resort to my simple Signals and Overlays HA template and just grab my 10 pips, rinse nd repeat and be done with it.....

Lux candle colors with HA, works wonders for me 
and dont forget the MATRIX
Good example is the EU you just showed. 100+/- pips from 6:00 am to close on Friday. Ok so I added wrong but at least 60+/-. I added Thursday in. (not bad for two days.)
Do you enter your trades with the HA candles?
I had trouble figuring it out since they are average candles and don't reflect current price.
Lux Candle Colors with HA provides me with easy 10 pips on each scalp. I dont go for the entire move, I just have a hard 10 pip TP, thats it.
When trading FX on this template, I am not overly concerned with precise entries or exits. I just want a little piece of the move, just 10 pips for me, and im happy on each scalp....
For the chart I just posted, look at the Lux candle colors and Smart trail, how many are winners at 10 pips and how many losers?

Use what ever SL goes well with you. For me, I dont use SL as I management each trade according to what I see on the charts...
Gotcha👍🏻
@buoyant willow has earned the Lux Level 1 role!
yay
You got a cookie, NICE!
Loved it👌👌Any other strategy do you follow please guide us
this sounds good, could you show on the chart when you went in
Oscillator Matrix got an update yesterday. Does anyone know what was updated?
Sorry to ask you but I think you have little more experience then me. In your opinion when analyzing the Matrix we should give more “importance” to the trend of the Money flow or the trend of the hyper wave ? For example we know that when the oscillator rise from the bullish turning point and the bullish money flow is increasing is good entry sign. But what to do when being already in the trade I notice there is a increasing bullish money flow and a bearish turning point just showed up in the overbought area? Better exit or stay in the trade?
There are a handful of components within the Matrix, each has its purpose, and each can be used independent from the others. The main components are the HyperWave Turning Points and the MoneyFlow/Threshold. Each of these can be adjusted for their lengths, independent of the other. An example, a HyperWave Turning Point Down can occur when MoneyFlow is increasing, which could mean a retracement in the bull move, or early signs of a trend reversal (in which you could observe the Reversals dots or triangles). I typically have the Matrix on the same settings for FX and Futures, BUT the Matrix reacts differently with Futures vs FX. With Futures, I place emphasis on the HyperWave Turning Points, and with FX, I place emphasis on both the HyperWave Turning Points and MoneyFlow. Sure I could adjust the Matrix settings for futures to react like the Matrix with FX, but it's much simpler for me to just be aware of the asset I am trading and what to place emphasis on. As for your example, if you are in a long trade with bullish MoneyFlow, and you now have a HyperWave Turning Point down, this means it is at a pullback retracement and you decide if you want to hold or close out at this exhaustion point, and it can also mean an early sign of a trend change.
- This is the way I use Matrix
- Other traders are using Matrix differently with huge success as well
That’s what I was thinking…. Could be a retracement in the overall bullish trend. As swing trader I prefer staying in the trade as much as possible. Thanks for the help
What you could do is, when the Neo Cloud flattens to a thin zone compared to the rest of the Neo Cloud Trend, this just might be a trend change. If so, watch the Dashboard metrics, especially the Squeeze, because it just might pop in one direction....
Precious advices.
Appreciated
Helloooooooo my fellow traders
Desc BW picked up on the 5min NQ
remember short day tomorrow
im
at the mNQ as well
so topstep literally just changed their plans, where you only have 1 step and can be funded in 4 days btw
i know we were talking about prop firms last week
took all rules away essentially besides max drawdown of the account
So its open season with them? some promo? or changes for good?
i think the changes are good for people wanting to get into prop trading
Looking for OB length recommendations from the day/swing traders for 5m/15m/1hr TFs....
I saw the OBs position/metrics changes drastically when you increase the length from default 5....What's most optimal value experts use here in their charts?
TopStep promos going on 👍🏻
topstep just futures right?
yes
I think there payout is instant
They process withdrawals daily
hello guys i'm new here where should i go first and how to setup everything .. i'm trying to find the best setting for forex , can any one suggest me , thank you and pleasure to meet you all ❤️
For signals & overlays, make sure you have the dashboard on and look at the optimal sensitivity and set the signal sensitivity to that number, should fix some false signals. Make sure to NOT use the signals as your only indicator! Use price action concepts or something with it. Also, just play around with it.
You can also look up tutorials for a better understanding
thank you
@eternal acorn One more thing, if you're using price action concepts, make sure to turn on the patterns, that can really help in determining a future direction, especially pre-market. I usually use the 15 m timeframe for it, but any timeframe will work.
DXY Dollar Index
Good morning everyone. I wish us all a profitable month.
Morning to you, and goodnight to me....
Good night @old crow
Sweet dreams. See you at NY.
Found a neat tool for automating the process of adding tradingview alerts via a config file + CSV. Are github links allowed?
Got it to automate configuring alerts on 84 symbols 😄
I configured alerts with my IoT setup via webhook to send a notification to my phone + maybe alert on alexa
From what I remember, too - the close price of the candle is in the JSON. Can extract and send with each notification. 😄
@flint pendant has earned the Lux Level 1 role!

Greetings all -- I'm hoping for advice on settings and interpretations of the Matrix tool specifically for 0DTE long SPX butterflies. I'm holding my own with a small collection of non-Lux indicators and resources but the potential to increase profits by gaining even minor advances in understanding price action has me very motivated to integrate the Lux toolset. My strategy depends on scaling into and out of small-width (5 and 10 wide) flies over the last hours of the day. My focus is to hold a range of strikes and to correctly cut or hold into the last 1/2 hour, ideally last 10 minutes. Given that i'm watching /ES on 1 & 2 minute TFs, how best can I configure and interpret the Matrix?
Morning ☀️
Good morning!
Good afternoon from here
@old crow is in the house! The chats are going to get some activity now 🙂
hey Hey good afternoon
haha.....
Dollar Index - on this 2 day holiday, low volume days
EUR/USD
NQ Futures
ES Futures
and crazy BTC
Look at those wicks 
I call them widow makers
what time?
Thank you for reminding this Micky
Today is dangerous, because we make it dangerous for ourselves
After this weekend we have the addiction to trade
And markets are open for a few hours
And we want to play these games

True
Any view for BTC bro?
Not today, did you see the chart I posted earlier. Nasty action
Maybe on a tighter TF, but still 
I bought the indicator yesterday and am already addicted. But its a money making addiction and it works well if you put a little thought into it.
True, but if there's little to no volume or closed, nothing we can do but to back test and plat around with color combinations 😹
Tnx Micky
@short sedge has earned the Lux Level 1 role!
Look at Gold, very tough...
Yeah, doesn't work well on all days but nothing is perfect.
Unfortunately...
Today is not normal, NYSE markets closing soon, and closed all day tomorrow
I will keep that in mind while trading today 🙏
Same here 
DXY heading lower before open, watch your pairs 
I think 1m is rough anyday, LOL
But I do like shorts for today
I got some puts in early last night for CCL
That's the only one I'm confident on after looking through timeframes
Hi Micky, some sexy charts there boss 👍 you still using autopilot on short term?
Signals/Overlays HA template, mostly short term, but mid is good too
cheers mate
First month results trading with LuxAlgo.
@thin trail Bro did the live scanner stopped working ?
Nice. Keep it up
Not much going on, woke up late, and happy with small profit. Done for the day. Happy 4th of July.
ES chart
Market is so tempting, saw good opportunity, and made quick scalp. All right, No more play. Market will close early today, don't give away your profit. Have a nice day everyone. See you on Wenesday.
ah thanks for pointing that out, we will fix asap
what is the best time frame for scalping on signals and overlays?
nice to see. good results. what i your strategy with luxalgo indicators you are using?if you dont mind sharing
Nothing going on with the EMini's Futures, closing bell soon
5m and 15m TF
1H ES Futures
Tough spot
Nothing above to target
Same 1H ES bt with 4H OB's
1H ES with the Liquidity Sentiment Profile
Same 1H ES Liquidity Sentiment Profile, with 4H OB's
the 4H OB/Breaker Block overlaps the highly traded nodes.
Looks like that is a major key level 🤷🏻♂️
- Just some ideas on this lazy slow day
@old crow how do you get these charts on nifty may be I am missing something
I recently joined lux
@old crow With your primary strategy, using Auto are you doing Short or Mid range? Or long?
Mostly short, but i do thike mid alot
I just use my basic Lux template w/HA
ES eMini Futures - Daily, 1H & 15m TF HA charts. With LuxAlgo Signals/Overlays Smart Trail enabled only. Trading with the trend strat. On Daily, I drew yellow box with Smart Trail being bullish, Then I drew a green box inside that Daily box to show you where the 1H Smart Trail bullish formed. Then I drew a box in the 1H chart to show you where the 15m TF Smart Trail bullish is formed....
Hope this is visually better to explain "trading with the trend," with using higher TimeFrame charts for analysis 
This is a good way to test for other trending assets. If this technique doesn't look too good on other assets, then you may want to look somewhere else, if you like trend trading....
Nifty looks good for a trendy asset
For the most part, indices trend better than most others
Gold is a little tricky with being trendy
So gold maybe an asset that you go down in TF for an entry chart if your scalping
Have a good afternoon/night 👋🏽 NYSE closed tomorrow for US July 4th Holiday 
Just a TV live backtest trade but this would have hit and it was using your HA candles @old crow 👑
That’s nice, great that it worked out today being slow and low volume pre holiday early closing

Hello friends
I trade 1 and 5 min timeframe
Scalping
Which indicator/ settings best for me ?
Looking to try out a dozen or so and narrow down what is best
@hidden moss has earned the Lux Level 1 role!
You can start with zooming out first and then start to zoom in for your scalps...
You can zoom out like this with a simple Lux chart, then gradually go down in TF's to see what works for you and your set-ups...
What ??
I don't need your trading advice
Keep it to yourself
I asked indicators popularity
WOW....I wish you well. I was trying to help.
🤷🏻♂️
what's this then lmao
I asked about indicators
You need to calm down. A little humility will bring you far
I'm calm. People need to stop giving me advice and trying to catch me out.
Plus you don't know me.
Keep your advice to yourself, thank you.
if you didn't need help you wouldn't be looking for indicators clearly whatever you have or will be doing is not working, your better off just leaving now
than treating a long time member like shit for no reason
the community here is quite cozy without your toxicity
I've found that Heiken Ashi works best with Lux Algo, is that what you guys use?
I know I use HA with one of my Lux templates
Yeah, it's just that when the market has just opened and I'm on the normal candles, it has a big gap between the closing price of the previous day and the opening price of that day.
who tf do you think you are? Micky is a very nice guy. He's here to help. If you dont need any advice, go fk yourself
yeah, not being able to see gaps with HA candles is a downside imo.
But you can always use different templates on TV that has multiple charts maybe a side by side with one normal candles one HA candles
Yes, wait for the market to settle into a confirmed trend. Then take what it gives you

Only problem is I don't have two monitors, but that is a good idea. I can maybe try it with one. One can only hope.
😦
Oh, sorry. Misunderstood.
mickyfx I like your setup bro
@odd tundra has earned the Lux Level 1 role!
How’s it work
Hey @old crow Did you trade today my friend? I took a long on AUDJPY and it worked well
Nothing for me today and tomorrow
Tomorrow might be a trend sideways day I guess.
Hey y'all!
You are new here and should know how to respond to people. Humility and respect is what keeps this forum going. You need to calm down, we are all of different age group, so learn how to respond, everybody help each other here. If you don't need advice you won't ask for indicators.
Does this sound familiar to anyone? If so, kindly help me refer to the chanel as it had backtested luxalgo strategies....
Via paid indicators ofc
Good advice Charles. The other guy is not part of this group anymore
Which guy Ashdays?
The one who you were responding to. projectpossible
Hey @finite bear since you are a beta tester, are you familiar with the channel in the picture above?
@lean idol has earned the Lux Level 1 role!
It would be really helpful for me 🙂
Better, he doesn't belong here
Yes, but at the moment the lux backtesting indicator is closed to lifetime subscribers. I don't see anybody trying to cash in on that. It is a scam
Never see the channel before
No i'm not falling for some scam giving me access to it. I'm just saying that here on this server, there was once a channel for the beta testers to backtest and publish their backtesting results publicly to all members (freebies too) does this kind of channel still exists?
No, it doesn't exist here
Ywc
I see
Looks like people are logging off at it'll be a slow day
can someone tell me what the SHOW BREAKERS is on the lux algo premium mean
the orange bar
need help on meaning
Breaker Blocks
Good market structure concept
@next tendon Here is a good write up
TradingView
The Order Blocks & Breaker Blocks indicator detects order blocks that can be turned into breaker blocks on the chart automatically once mitigated.
Users can determine the amount of bullish and bearish order/breaker blocks that display on their chart from within the settings menu.
🔶 SETTINGS
Swing Lookback: Lookback period used for the detec...
For futures on TradingView, it says that they are delayed, is there any way to fix that?
And also, are stocks delayed too?
Or anything else for that matter.
two ways to get real time futures data. Either you pay for one of the TV data feeds. Or find a futures broker (TradeStation) that is integrated into TV charts and the data feed should be free from your broker side that will be integrated into TV.
I was thinking of making an account with TradeStation. Thanks!
BOOM, there you go, I have TradeStation for futures as well...
If I make an account with TradeStation, I have the option to trade futures without a delay on TradingView because of TradeStation, correct?
correct, the TV data feed will be from your connected TS account
Praise.
Hey no problem, but also verify with TS support before you make any deposit....
you have to pay for the extra data
I'll probably do that in the future, it's just for now.
On the price action concepts. The strong and weak markers of the high lows. Is that supposed to indicate for example a strong high is expected to be superseded, or that it’s expected to hold its point as the highest for a while?
It all depends on the strength of the trend. For example, the strong high kept getting absolutely smashed on friday on the ES
So obviously the high can continue to be pushed. But the idea that a string high is ‘supposed’ to hold its spot as the high.
Yes. works better on higher timeframes
Thank you Tu
No worries. I try to trade away from the strong and towards the weak. Doesnt always work that way though and you have to make a decision on the fly to either sit on the side lines or enter on a pullback & trade with the trend.
@forest tangle has earned the Lux Level 1 role!
Looking for OB length recommendations from the day/swing traders for 5m/15m/1hr TFs....
I saw the OBs position/metrics changes drastically when you increase the length from default 5....What's most optimal value experts use here in their charts?
@old crow What settings you use for OB length for 1hr and 15m?
Hey there. I was confused to the adjustments of the OB "lengths" as well. Until I actually re-read the docs a few times and it hit me. This is an excerpt from the docs:
- Users can show longer term order blocks by increasing the Length setting in the Order Blocks section. This setting control the swing point detection lookback used to construct order blocks.
- Swing Point
The higher the length, the longer term OB's will be shown
So to answer your question, I left mine at 5 because I like to scalp intraday
I read the doc also..When I played around to increase the length 5-8-10 it changes the OBs position/metrics sharply..hence I was wondering what length you use?
If your a swing trader, then I would increase the length to show the more significant ones for my swing levels
I trade on 15m and confluence on 1hr or 2 hr charts to look for OBs
Ok, then you look at the same TF's as me. I keep mine at 5 and also increase "show last" to show more OB's so I can get a few more set-ups
Maybe I am still not getting the basics of OBs..but I am not able to understand why the positions and metrics changes so much for a given TF when I increase the length from 5 to 8 or 10...Which position is more efficient to gauge the S/R levels for trades?
Its kind of like a moving average, if you increase the length of the MA, you get a longer trending MA line. So increasing the OB length, you are grabbing longer term swing pivot points for the OB calculation
At least this is the way I am describing it to myself, not sure if it is technically correct though....maybe Lux developers could chime in for you....
@analog onyx
Thank you @thin trail .. God bless!! ❤️
Yes we do .. how can we help you ?
What do you trade ?
backtesting indicator is not working.. any idea
Is only available in closed beta for our lifetime users, sorry
hi guys on the price action concept, im not getting the internal buy/sell activity , its ticked in my settings, cant seem to understand why its not showing in th eorder blocks, can anyone help please if they know
Have you checked the opacity, maybe it is on zero
just checked , they were on 50 and put them full still nothing , strange. ive turned of restarted my pc still nothing. very frustrating
Give me a minute, let me check mine
Scroll down and see if SHOW METRICS is marked
Check another asset on another provider. If the provider doesn't send volume data to trading view then nothing will be shown.
hi all
you have to be careful when you change the length. When you increase the length setting for swing point detection and order block (OB) construction, it means you're looking at a longer time period to identify potential support and resistance levels. This can help you capture more OBs and S/R levels over a wider timeframe
how come EQ not included in luxalgo signals and overlays
but Increasing the length setting can also result in more false signals or less reliable support and resistance levels
a longer lookback period means you're including more price movements, including smaller fluctuations that might not be significant.
@lunar finch hi
It's like zooming out too much and seeing all the little ups and downs that might not matter much in the bigger picture
If you set the length too high, you might end up tailoring the OBs too much to the past price movements. This can make them less useful for future market conditions because they're too specific to historical data
Markets are always changing, and what worked before might not work as well in the future. Using longer lookback periods can include outdated S/R levels
morning
Morning morning ☀️
Afternoon from here. Happy holiday to to and the family.
Morning
I see you have been given a well deserved dressing down, all we are saying is don’t be a dick and disrespectful, Micky here is sharing his experience, advice and setups that he has spent hours honing and sharing for free, not many do that, and just because some is giving something doesn’t mean you need to take it, just leave that out and ask politely what you need help with. A little humility goes a long way, now coming to your question if you still need an answer, then look into Matrix and overlays as a strategy for 1 and 5m, I use 1/3m and 10s for scalps and these two indicators are good
the other assets are working just not on gold surprisingly
Good Morning, no trading for me yesterday and today. But DXY is flat and indecisive. Trend Chaser and Trend Catcher in opposite directions and both are flat 🤷🏻♂️
good morning
yep thats marked , its showing on the other assets just not gold, is everyone elses working, how frustrating if it is grrr
Eur/Usd Flat lined as well on my template
Gold looked good over Asian/London
BTC
ES Futures just dead past 2 days, Flat lined, no pulse
Hi all! Can I have an opinion on the following matter? Still quite new to the game, used to trade cryptos about a year ago. Was struggling to control the emotion and fomo. Few weeks ago I started to learn forex, have managed to grow the balance of the demo account about 10% in that time. Would that constitute as a moderate success or kind of a “nice try”? 😂 thank you!
1H ES Futures regular candlesticks with PAC, tough spot setting up for rest of week. Broke down through bottom of Ascending Broadening Wedge for a bearish set-up, but now forming an OB that price needs to break down through. Near premium levels and no clear levels above. Tough...
Here is the same ES on the 15m TF with the 1H OB's plotted
Hey there, and welcome. In my opinion, if you traded your demo account the same way as a live cash account, then you did very good. As long as you can honestly say that you treated the demo account with the same emotions as a live cash account, then you are doing great for sure. Anything break even and above, is great in my opinion. Because it's better than being negative overall...
Liquidity Sentiment Profile
ES Futures
@old crow Good Morning! New here. On you chart above, do you overlap 15m TF OB along with 1hr OB or do you have only 1hr OB plotted on 15m TF
The charts I posted above with the OB's were posted to help everyone see clearly where and which OB's are plotted on the 15m TF. But personally, there are a few chart set up, depending on your screen space and how many monitors you have. This screen shot is the traditional 2 Tf charts 1H and 15m with their own respective OB's plotted
This screen shot is 15m with 1H OB's plotted only
This 15m TF screen shot has the respective 15m TF OB's and the 1H OB's, a bit cluttered here.....
Me personally, I like the 2 separate charts with their own respective OB's
This way I can see 1H patterns and TLL's
Got it. makes sense.. I had mine set up with both 1hr and 15m overlapped and it was looking all cluttered.
thanks for the clarification. helps a lot.
What you can do is decrease the number of OB's shown so that the juicy ones are plotted and less cluttered. I ramped up my OB's to show 15 instead of the default 5, because I wanted more set-ups since I was ONLY looking at the BreakBlock concept for scalps
I wasn't looking for other SMC/PAC concepts like FVG's, Liquidity Grabs, internal/swing structure etc...just Breaker Block concept.
For me, If I try to view and trade all the SMC/PAC concepts, my mind goes bonkers and all over the place. I have to concentrate on ONLY one concept set-up, and perfect it....
Speaking about a concept, who is trying out the new Silver Bullet?
I'm not trying😂

Gotta say I love your chart coloring, looks clean and nice!
Really matches your Discord profile.
🙏🏽 When I get bored, Ill change it again 
Good idea.
Tradeview has 50%off sale on upgrade packages. Just letting everyone know.!! Have a great 4th
I wish they had a sale on market data packages or do they?
I don’t think so. It’s just 5$ a month tho for CME
Yeah true.
Hey guys, Greetings from Portugal 🇵🇹 ! 😀
Hi, how are you?
Lot's of information to diggest, hehe
It can be confusing yeah, but when you get the hang of it, it's quite useful.
If I were you, I would watch a few tutorials on YouTube.
Was just about to ask where to start, thanks.
I use price action concepts and signals together, I recommend it.
Don't just use the signals, because they're not always right but they are very accurate most of the time.
I see, what's the timeframe that works better for you?
Well, that depends. What kind've trader are you?
Long-term, mid-term or short-term?
Mostly a scalper, 1 to 5m
@whole sparrow has earned the Lux Level 1 role!
I would recommend the 1min to 5min
Strange, I've already refreshed and the only indicator i cant add to the chart it's the Price action
There are also autopilot which you can select short-term
Hmm...
I would contact Lux Algo about that.
or email them
It could be location, but they have the best say in the matter.
Yeah, I'll do that.
does anyone gets an error using the price action concept indicator? I just subscribed.
Yes, see my msg above 😄
I exited out of it and now I'm getting it.
oh! so sorry! didn't saw it
I ve the same problem with legacy overlays indicator….. so I think is a general problem on lux algos indicator or some of them. Hopefully they fix it soon.
Signals are still working so that's a plus.
yeah price action is the only one that doesnt work for me, the other two are fine
Same here.
We’re looking into the issue with LuxAlgo Price Action Concepts displaying this error now @here
It is certainly on TradingView’s side for this to occur & is likely happening with other large-scale indicators on the platform.
Thanks for reporting the issue, we’ll try to make sure this is fixed asap!
Hi guys , am new here and i joined here today
You all here are very experienced traders here, its nice to chat here
Could you please help me, which indicator is the best of all to go for buy and sell
@harsh sluice has earned the Lux Level 1 role!
And on which time frames
Multiple indicators, I would recommend using price action concepts and signals and overlays together.
Make sure you have the dashboard up. That tells you the optimal sensitivity for the signals which helps to get rid of false signals. There is also an autopilot setting which you can pick short-term, mid-term and long-term depending on your style of trading.
But if you don't use the autopilot setting, make sure to adjust the sensitivity from your dashboard.
Other than that, just watch some tutorials and play around with it.
My PAC is working on both FX and futures, I use Oanda and Tradestation. Could it be a data feed issue since NY is closed. Sometimes, a few brokers shut down for maintenance during holidays?
That dashboard it's from the indicator that isn't working now?
I know that a few prop firms data feed where shut down during holidays? not sure if this is the issue today for some folks
It's in the signals and overlays
What prop firm do you use?
What would be the most accurate setting up the Algo price action and the signal?
I dont trade with prop firm, I trade with my cash acct
Here is both PAC and Signals/Overlays on same chart, all working with FX and Futures symbols for me
Maybe try the TradingView Paper Acct data feed to see if that works maybe?
I use Oanda for FX and Ninja trader for Futures.
Should be in the bottom right, but you've probably found it already.
NinjaTrader? So you view TV charts while trading on the NT DOM?
Yes, I've found it, going to play with it 😉
Yes, that is correct
👍
I used to use NT for many MANY years, good platform, I have a lifetime license, but havent used it in years..
My FX I trade on TV
@tepid horizon has earned the Lux Level 1 role!
Have you looked into TradeStation for futures? then you can trade direct on the TV charts like you do with Oanda for FX
They just released a new update. It seems to work better
I will look into it
I been playing with setups to see which works better.
What do you guys use for xauusd ? Which indicator?
1H EU OB tagged to the down side. Breaker Block in play for EU 15m to the downside, TP next 15m OB below, which is PDL's.
🤷🏻♂️
1H EU zoomed out
- Im not sure about these bright colors, I may change back to default

☝🏽 Chart above 1H Eu is showing "Last 10" OB's
This is showing the default "Last 5" OB's
@old crow your setups are always clean af
need to feature some of these in the Setup Series 😉
We’ll be listing all setups from the series in an organized channel once we are on EP 3 or so btw
Has this been done before? "Ep3" if yes, could you kindly link it
Not yet! We are making EP2 soon, hopefully released by Friday https://youtu.be/k_uG-0EEHZE
Here's a setup combining our LuxAlgo Signals & Overlays + LuxAlgo Price Action Concepts premium indicators on TradingView. These are 2/3 of our premium indicators available from https://luxalgo.com which include various features such as trading signals, dynamic overlays, order blocks with volume, and market structure.
Get access to LuxAlgo Prem...
Here we go 
Thanking you, by "ep3" I meant there are previous episodes then, got what I asked for thank you 🥳
episode #3
Happy 4th from the PNW
I dont share a lot in here but I have developed a few nice setups as well. Maybe a channel to share setups specifically ?
For sure, only reason we don’t have a public strategy/setup channel is that typically people will talk / ask random questions in it. Feel free to list out any setups in #🔍feature-requests + tag me and i’ll note them down for potential vids
appreciate it:)
@spark tree @old crow 🙏
📈📈
Hey smack, are you using this set up on the last couple of charts you posted in this room?
Can any one tell how to set the Alert for neo cloud crossover or smart trail crossover
Moved SL to +1 as I need to do some errands. Stupid of me taking this on a slow day, but when I posted the charts early this morning, I took it with small 1 lot. TP 18 pips near and before PDL's
Be back later, either winner at 18 pips or winner at 1 pip 
@old crow How is the holiday going 🙂
It was slow and lazy days for the past four days for me
Right now I’m driving around doing errands and not even looking at my trade
ha ha
It's been like that for me too
I am trying to learn a new hobby or something to do when I am not trading
I'm thinking of learning how to use Adobe Photoshop. If you come across any good tutorials let me know 🙏
Your not texting and driving are you?
Some say, he drives a car by texting commands on his phone. We only know him as @old crow 🙂
Nice blue sky and open road
Omg
@past needle has earned the Lux Level 2 role!
Hi everyone,
Does price action indicator work?
It show me ( something went wrong, please try again later)
And I couldn't load in the chart!
Any idea plz?
There is an announcement in the annoucements section
See #👀luxalgo-news @elfin stratus
For me it everything works, at first candles didn't show but I reset price scale (click second mouse on price) and all works good, maybe will be quick fix for someone
@bold prairie has earned the Lux Level 1 role!
It shows me no access link
@elfin stratus has earned the Lux Level 1 role!
💯
Here is the short on EU for 18 pips
Yup, missed the top. Just took a couple of pips from this one.
Thats a win in my book. Anything BE or above, is a WIN
Silver bullet is 🔥 - amazing work! Any plans to add alerts for premium members? 😎
Is it called Silver Bullet, the new indicator?
Yeah, ICT Silver Bullet
Ok, thanks.
What is the best timeframe for looking at long term trends, I am currently using 15 and 30 min.
Common is 1H and 15m
But 4H and 1H/15m is great I think, patience with this 4H, may only get 1 or 2 juicy setups a week wth PAC
I will take that into account. Thanks.
Hello . It is safe to use x30 liquidation on ethusdt future? 1hr timeframe
Hi. I have a trade engine I custom built that can aggreate many signals and take trades on any MT5 accout. I want to try a broad strategy. So a very high probablity strategy with lux algo, hoever complicated and run it simultaneous on all symbols during the most active hours for that symbol. Any suggestion for what is high probability setup in lux algo that I can set alerts for?
Sorry if it's a rookie question but are there any videos for setups combining lux algo Pac/matrix / overlay/ matrix /Pac/overlay ?? Thanks guys
@high marsh has earned the Lux Level 1 role!
Here's a setup combining our LuxAlgo Signals & Overlays + LuxAlgo Price Action Concepts premium indicators on TradingView. These are 2/3 of our premium indicators available from https://luxalgo.com which include various features such as trading signals, dynamic overlays, order blocks with volume, and market structure.
Get access to LuxAlgo Prem...
Brand new video series 
Awesome. thanks @old crow
Any Advice ?
maybe sign out sign back in.
Ok, Thanks bro
@mellow vector has earned the Lux Level 1 role!
Anyone experienced with lux algo setups/systems want to collaborate with me?. If you bring the setups I can test them broadly (essentially all symbols on any MT5 accounts in desired time windows) using demo accounts. I have a custom build engine I just finished and tested and want to start searching for good strategies based on luxalgo indicators to forward test at scale.
I accelerate my search. You get forward testing stats to help refine. We both win.
Here is pic of the analytics I can provide from forward testing.
To emphasize, I'm looking for experts who have advanced luxalgo based starategies that they already have some validation and stats for, maybe from mannual testing and want to kick it up a notch and forward test at scale.
Your guessed it, coming up with new color schemes......what do you think? Yay or Nay?
🤷🏻♂️
Looks clean!
Nay, to depressing. I like your brighter colors.
I can go either way...
Odd days of the month, we do plain grays. even days of the month, we do colors
Or, losing days we use grays for the next day. Winning days get to use bright colors the next day. 😉
Thats true, we could do that, then it will be all grays mostly 
quiet, im too old to party, just playing with colors now, LOLLLL
I really need the markets to get back to normal.
I am going to compromise here....for entry PAC TF such as 15m, we do colors.
On same 15m TF, we do higher TF OB's, such as 1H OB's, overlayed on the 15m TF chart in grays
We could then enable both PACs on one chart, a little easier to decipher which are current TF OB's and higher TF OB's
What indicator are you using for order blocks?
LuxAlgo Price Action Concepts
Premium version
I thought it wasn't fixed yet.
It breaks if you take it off the chart and try to put it on. Mine didn't either until I did that.
So if you don't take it off the chart, you are fine lol
Oh I shouldnt worry then, I have about 6 TV tabs open at all times with different templates
LOL
Damn, okay. I wouldn't have to deal with it if I hadn't gotten curious about the indicator being broken 😦
I wonder if i shared my good PAC template and you copy it, would it work for you? wanna try?
Yeah, I will do anything to get it working again.
You'll just have to tell me how to do it.
ok hold on
Kk.
click this
then upper right hand corner, click copy
😄
then save to your TV
It worked
OH dam
Thank you so much!
Oh wait, I don't have premium so I can't copy but it looks awesome!
ahhhhh
Still looks sick though.
Definitely willing to compromise.
Ok, time to call it quits. Need some rest, tomorrow we should see some good movement. That's if my neighbors ever quit with the fireworks. Happy 4th!
ahhh, you have one of those neighbors too
The happy drunk
Throwing their beer cans at people lol
I used to have a neighbor like that
Parties all day
is lux algo life time stil for sale? i dont see in on the website?
Not anymore, hasn't been available since late last year, I believe....
will it reopen?
I dont know, you may want to ask Lux Support about that 🤷🏻♂️
Micky, do you use the MACD with the indicator, it is so helpful!
The indicator as in Signals & Overlays
I use Matrix
Try MACD to see how you like it, the one built in to TradingView. I will try Matrix.
Been there, done that. MACD is probably one of the most utilized stock indicator on every trading platform known to man-kind
Try the Matrix
That is true.
Matrix works great on both Signals/Overlays and PAC
Tbh I think it's more helpful.
Matrix with higher TF and lower TF is great to trade with
Okay, I will use this from now on. It's totally OP! Thank you!
Take a look at EU 1H and 15m, I drew a Matrix trend path on both TF's, notice price near 1H OBs and equilibrium fib 50%, rejecting price down. Then look at 15m price near its 15m OB which is same area as the 1H OB and equilibrium fib 50%.
@old crow What are your thoughts on MACD. Is it a leading or a lagging indicator in your opinion?
In reality, this is where the entry short would had been, pink circle and pink arrow on Matrix
and this was exactly my 18 pip trade earlier today, scroll up early in the day and you can see my charts on this play
Everything is really lagging to a certain degree, in my opinion. The only real time non lagging indicator is the price and candles itself. Anything else is reacting (lagging) to the price. So in some ways, SMC market structure is ahead of the game? as oppose to using indicators? The word is still out on that...and im sure there are die hard fans of ICT, SMC and bare price action charts...and there are those that love trending, colorful indicators.....
Here are my trade executions on the 15m early today, as I used the 1H for the OB's to trade off of.
OK, its almost time for me to shut this down for the night....
👋🏽
Very well said
Good night @old crow Chat tomorrow
goodnight
night
or i could lurk some more 
You've poured another glass of wine, haven't you? 🙂
Using OBs on PAC for Entry and Matrix for confirmations. Am i interpreting this correctly? See comments on the screenshot above...
Hard to tell where on the chart your describing for the entry. Can you mark it up? Because the most recent Turning Point is Down, and bearish moneyflow drifting towards threshold
And which OB are you referring to?
My bad, this is what I was looking at.
Can this indicator be traded automatically?
@fast ruin has earned the Lux Level 1 role!
You're trading on MEXC because of the zero fees?
Theoretically with third parties, yes - though we can’t give any recommendations
Is it profitable?
Hello, may everyone have a great day of trading! I have a question regarding Lux Algo Premium indicators. Can we use them for coin filtering on TradingView?
@prisma fulcrum has earned the Lux Level 1 role!
Legend has it that the earth started rotating when he went out for a jog.
We only know him as Micky
Master trader @old crow is in the house.
good morning micky
Correct

You crazy man, no master here, just another Lux member alongside everyone else here
I dont see why not, I always use daily charts with Signals and Overlays to find nice trending assets....
It is profitable based on your connected strategy, and the successful integration of your automation with the 3rd party services. So many pieces involved.....hope this helps
should i buy btc?
Good morning
1H DXY
Still flat lined with the Trend Tracer and Catcher, markets need time to reset....
Same with EUR/USD
Gold
ES Futures
BTC
EUR/USD short play at London open, pink drawn circle, retested 1H OB
15m EUR/USD short entry, pink circled at 15m OB tap
Yeah, looks good, also check some higher TF key levels as well, 1H and 4H maybe?
Good morning! Went to sleep and now the Price Action Concepts work again. Yay!
I guess it was resolved a few hours after it happened
It was an issue on TradingView's side, amazing that they fixed it in one day, but it was a pretty simple fix I would guess.
Probably some intern that fell asleep at the TV command center 
For sure.
good morning
G'morning, how are you?
im ok, how about you ?
I'm good.
good day all, i have just joined the group, purchased the algo
Make sure to use the indicators in conjunction with each other.
sure thing, i am familiarizing myself with the indicators through youtube videos
unless there's a better way of learning 😉
Good idea.
Anyone try Silver Bullet
hey micky i just joined but payment went through twice can i dm you
Hey there, you may want to ask Lux support, unfortunately I’m not with Lux support
Try their live chat on their website
ty
mikyproto
Hey - Silver Bullet isn't working for me on the 1m. Is this happening to anyone else?
faker
@uneven olive has earned the Lux Level 1 role!
where to find optimal senstivity settings ?
available on the dashboard on chart now 🙂
I see an OB above from 5 years ago. But nothing recent

5 years is too recent for me, I need to look back 10 years atleast
Hahaha your right. There’s nothing above. We are at super highs
Then we switch to Signals and Overlays
Others ways to beat this game 
I enter a long and a short with 1 tick sl 2 ticks profit
that way if the market moves 2 ticks I am in profit of 1 tick
that I pay for comissions
But if it goes 1pip and then reverses 1pip, you get stopped out on both positions?

gold should touch 1920,
@lament niche has earned the Lux Level 1 role!
Everyone collecting cookies 🍪
do you get a cookie each level?
Well with 5 years OB. I made good profit: Old is gold
And this is still going, no FOMO here.....

EUR/USD - Took a short on 15m (managed on 5m) with limit short order at 1H OB. 1H OB's are the grey OB's on the 15m and 5m charts. I have 2 sets of PAC on each chart. 2nd PAC shows the higher TF 1H OB's in grey. TP 20 pips, as I like nice round numbers in tens, and near 15m and 5m OB's below
@tough goblet
Perfect!
I wanted to trade futures, but I couldnt see anything upside as we were are crazy highs, so I need to figure something out with these scenarios
So I switched back to the rangey EU today
Tracer and Catcher still a little flat, it needs to have more time for a reset on the price action considering it was flatlined past few days. In this instance, you could drop down some TF's from what you normally trade to find some set-ups...
Here is the same EU on 1H and 15m, hard to find a scalp for my strat
But if I dropped it down to 5m, then there's the 10 pips
Same with Gold
ES/mES same
Keep an eye on J-SUS Blue box @old crow
YES, chop rangey day after flatline past 2 days...
NQ the same
- Even on this tough range chop day, if you use Matrix, you wont get hurt or rekt, you would been safe or small loss, but never a rekt. You can never go wrong if you close out at the Turning Point flips
Just dont bag hold, and pray, just close it out at Turning Point flip, and wait for another set-up...
- Look at the above 5m Turning Points in the direction of Lux candle colors, Then close out at the next flip

Turning point flip meaning Hyper wave turning. Correct?
Yes
It's cool that we can make this work on either a Signals and Overlays template, or a Lux PAC template....we just have to find our own way
- No harm in using a combination of the two
- Drum roll please 🥁
Here's a setup combining our LuxAlgo Signals & Overlays + LuxAlgo Price Action Concepts premium indicators on TradingView. These are 2/3 of our premium indicators available from https://luxalgo.com which include various features such as trading signals, dynamic overlays, order blocks with volume, and market structure.
Get access to LuxAlgo Prem...
Example, only take entries on Lux candle color in same direction as Turning Points
This may not work 100% of the time, may not work 5 days in a row, but i's a simple strategy concept, and if you stick with it, you wont get rekt, you just wont. This gives you a reason to enter and exit, instead of gambling in hoping and praying
- Thats all the "Confucius" I have for today

Great playbook, and thanks for all your work to help the trading community.
Thanks.
@old crow for the president
@proper wing @past needle I just want to show that even the new traders, can survive and thrive at this game. We see all kinds of fancy charts that everyone has, with fancy concepts. But if we start from a basic chart with a simple concept, we can be consistently safe, then after this, we can start to create a fancy chart. Keep it simple and clean, less clutter can also be more consistent and safer.. @little flint
Amen.
The YouTubers who day trade, their charts are so cluttered.
With all this stuff that they think they need.
and to add to your list, may be create a "J_SUS zone" 😇
Simple minded 1H chart here. Can we come up with a strategy concept on this chart alone?
Where can I download the "J_SUS Zone" to my charts? Do you need my TV name?

WHY are we not trading corn futures?
Wheat
Meta
tsla 1m
I would have to give you an access to my brain. 😇 to download the J_SUS zone
HAHAHA, I just took a demo trade on corn for 8 ticks TP, for $100
$12.50/tick, this doesnt need to go that far on the chart for 8 ticks, OMG
Not bad Micky, maybe we should trade corn?
Maybe, but we need to be careful, at 1 contract, 1 tick is $12.50. You can find yourself in a deep hole and get rekt if you guessed wrong
But I will be studying this, the margin requirements and hours trded etc....
What is the best timeframe for options contracts long-term?
I know there are option experts over in the #📈stocks-futures-chat , Im not sure if they lurk around here during actve NY session
thanks
Might have to do the Mini Corn instead of the standard corn. Intraday margins for standard is about $2400 and for the minis is $400, this will come into play if you need to hold into extended hours and your account balance. Mini corn 1 tick is $1.25.
@old crow right, I follow you
Hey. Hope everyone well - can I pls ask. If I set up a TV alert for say eth on the 1h - but the optimal sensitivity changes thoughout the day - will the alert not work as it stays on the old setting ? Thx
@old crow saw another opportunity, why not to take it, made quick profit:
I think I am getting greedy.
no more play.

shut it down, you making me look like chump change
Im not an alert expert, but the alerts should still work based on the original settings you manually inputted. You may want to confirm with support though...
Thanks Micky Just worrying me if I set 50 alerts I gotta go in and redo them all as the sensitivity changes haha
Heres the thing, your alerts will only fire off based on the original sensitivity. So ss time progresses, price action and the eb and flow will change, thereby the dash baord sensitivity will change. So your old alerts on the old sensitivity may not be the best signals over time....
Right. Makes sense. Thankyou. So that idea I have won’t work then haha
maybe one day TV will allow the indicator settings to auto adjust whenever the dash board sensitivity changes.....not sure how that could happen. Thats over my head, LOL
Makes total sense. Thx so much
OK, as you know I am not an ICT, SMC, Market Structure expert. I have always relied on my trend color indicators for 10 pips, rinse and repeat, and it still works great
But lately, I have been posting some OB trades, as I want to attempt to create some PAC concept for myself, another challenge for me. I took a short trade on the EUR/USD 15m/5m, based on a 1H OB. It was successful, but I felt something that was missing, it was a little gamble setting an limit short order at the 1H OB, felt I was hoping and praying, but it did work out. Then I chatted with a buddy to go over the trade, and he shedded some real insight to my trade execution. So big thanks and props to this buddy, I know he doesn't like to be tagged and wants to stay behind the curtain lurking, but thanks 🙏🏽 I always try to learn everyday as well.....
Hope this helps others too....
☝🏽
I guess this LuxAlgo Price Action Concepts does work nicely 

Great job Micky. Yeah once you figure PAC out, its like magic
cool idea. what are the FVG lines?
@old crow and thanks for always sharing appreciate bud.
fair value gaps
Have you used Matrix for additional confirmations or purely PAC ?
thx! just found it. gonna run your strat back on a few charts
I never leave home without Matrix, never
Not my strat, its just a market structure formation, and Mr ICT brought it to mainstream with his own twist.
Im lerning as well with this stuff.
But if you strip it down one piece by one piece, it looks good...
click, copy, and save
NOW, I need to learn the SILVER BULLET 

Is it for trading silver?
hahahah
No, I think ICT coined the phrase for a simple FVG setup during 10-11am NY time
That's cool! I may check it out
The Fed speakers are talking about oil
What is it expected to do?
I'm looking at Oil spot and it is moving higher
watch the CAD pairs now
then what do we expect from MATRIX?
@keen charm has earned the Lux Level 1 role!
Sometimes I do not take trades because the MATRIX trade direction does not match. But it hits my target. What do you recommend bro?
USDCAD is looking to go up
You can have the same situation and fail because you traded against matrix
At the end of the day it's just about what is more consistent
If your own gut feeling is more consistent then what you find with matrix then go with your gut, if matrix is more consistent then go with matrix
As long as it's consistent it doesn't really matter if you miss some trades here and there
Always better to be safe than sorry, right? We don’t have to take all the set ups, but take the best ones
Being in the market for the least amount of time is the best way to stay safe.
It’s like poking someone gently, first few times no big deal, but after a few more times, your gonna get punched in the face
😹
Speaking from experience?
@low torrent has earned the Lux Level 1 role!
😝
I think every trader gets punched in the face atleast once
Definitely
Or taking one or two potato chips from my bag of chips, but if you take more than that, guess what? I’m gonna punch you in the face
😄
Hahahaha
😆
@old crow I am trying to understand your OB and FVG trade on EUR/USD. What confirmations did you derive from matrix? See, i marked it on my chart, smart flow away from threshold signaling weakened selling pressure and Hyperwave down close to over sold region. Overall confluence however shows strong bearish.
I know I'm not Micky, but how I use it is if the candle bounces off of an OB, I get into the trade after their is an FVG and it usually goes up. I did it with Tesla and made a huge gain
Also if there is a CHoCH in between that is even better.
I might be worthwhile enabling trendcatcher in the chart to help you with your trading direction
same bro +1
I might not need it but I'll try it out
This thing is confusing me too.
@thin trail @sour gale @main summit
Awesome . thanks much for sharing. understand it better now
Treat the OB's as fuel tanks, one who has more fuel has probably used up a ton to getting to that price.
Great explanation Patrick
working for me
tsla 1min
Can you give another picture example?
Sure can
see how the candles bounce off the ob's
So, you use overlay for Trend lines and P/D zones?
yes
also the candle coloring which is on the signals and overlays but I turn the signals off
