#💬hangout

1 messages · Page 46 of 1

young sandBOT
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@desert plaza has earned the Lux Level 1 role!

.ivansmith just levelled up! 🍪

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old crow
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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.

desert plaza
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It has been helping me a lot for extra confirmations

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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

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I know that LuxAlgo has one but I cannot remember the name

old crow
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Not sure if this is what your looking for?

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I have those on my charts

desert plaza
desert plaza
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I trade Breakouts so those levels are key for me

old crow
desert plaza
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Is my main strategy

desert plaza
old crow
old crow
desert plaza
gleaming spoke
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Could you please share it to me? Thanks 🙏. You can DM

gleaming spoke
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Hey y’all if you guys trade binary options and know how to trade using luxalgo indicator please DM . Thanks

old crow
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Have a good night everyone, that’s it for me and Friday 😴

latent turtle
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Hey so this is my New trading strategy with multiple confirmations what do you think?

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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

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Results on what the trade would have been if I had taken it (was perfecting this strategy and was back testing )

gleaming spoke
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Nice

latent turtle
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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

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And here are the results of a back test

gleaming spoke
young sandBOT
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@gleaming spoke has earned the Lux Level 1 role!

natnaelkassie just levelled up! 🍪

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latent turtle
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Would appreciate if anyone could tell me any other indicators to help me make the confirmations stronger

latent turtle
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Honestly I would say about 80% of the time

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@gleaming spoke

gleaming spoke
latent turtle
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@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

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I’ll check it out

cobalt flume
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hi, are there any settings for 5 min time frame ?? I only trade scalp .

potent mauve
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Someone tell me what is the strongest Signal for the matrix with photos

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Pls

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Can you show me all@the settings

frozen sand
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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%

frozen sand
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average trade holding time 20-35mins

mystic idol
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Hi there, how would I get access to the LuxAlgo backtesting system?

main summit
young sandBOT
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@potent mauve has earned the Lux Level 1 role!

quianno just levelled up! 🍪

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potent mauve
little flint
frozen sand
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My bad sir you are right.

old crow
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Morning or Goodnight lux360

frozen sand
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Morning

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How are you

old crow
frozen sand
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Well now I believe why you after 10pips

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Out of those 20trades I would have gotten 10of those with 30pips. And rest loss or BE.

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Small target easy to reach and consistent

old crow
frozen sand
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I feel confident after seeing those to go for bigger lots now

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0.5 😅lots

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Not even a full one

frozen sand
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Max 3pairs to keep eye on. Or else miss trades

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Jpy pairs needs double lot compared to usd. Hence always jpy pairs gives me lower return. Certainly this Saturday was fruitful

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No setups day happens too.

dusty spruce
old crow
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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.

main summit
thick skiff
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Hi any indians who trade in indian market??

old crow
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Take a look at Turning Points and Reversals

old crow
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EUR/USD 1H, Almost a perfect McDonalds pattern at 89.92%

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🍔

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The Bart Pattern Short was spot on for the 1H Eur/Usd

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1H Gold Bart Pattern Short

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Inverted Bart Pattern for Uptrend

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1H DXY Bart Pattern uptrend.

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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.

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1H Gold Down Trend

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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.

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rainbowar_ Just an idea for a simple pattern indicator

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Here is 15m Gold

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We could have taken some short entries on the first pattern to go short.

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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

thin trail
keen charm
old crow
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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

old crow
old crow
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Same concept for the McDonalds Pattern

keen charm
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can i use ltf market structure for this

old crow
keen charm
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you are hero bro

indigo saddle
old crow
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rainbowar_ Take a look now. 1H and 15m AUD/CAD

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1H Down Trend with Smart Trail

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Take Short entries only on 15m Smart Trails

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rainbowar_ There is your Bart Pattern Strategy, courtesy of LuxAlgo lux360

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It doesnt need to be complicated

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We can do the same with the McDonalds Pattern, Exactly the Same.

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15m enter Smart Trail downtrends, and use Matrix for trade management and exits areas.

old crow
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for SWING traders - BTC Daily and 4H

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rainbowar_ 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

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Just an idea, not a perfect strategy as we need other confluences from Lux indicators, such as the Matrix

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Thats all I got for Saturday

indigo saddle
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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...

old crow
old crow
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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.

tough goblet
old crow
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I made the colors visible

tough goblet
old crow
old crow
# tough goblet 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.....

edgy basin
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Guys, are you using the oscilator matrix?

tough goblet
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Oh yah!!

edgy basin
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I trade with the macd and the stoch+rsi I find it difficult in the oscillator matrix to see trends and find entries

old crow
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I dont leave home without it

edgy basin
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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?

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I mean, something like when you cross the macd to go long or short?

young sandBOT
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@edgy basin has earned the Lux Level 1 role!

punkchainer just levelled up! 🍪

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old crow
edgy basin
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Ooooh that's great!!! Thc buddy

tough goblet
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I never use Oscillator matrix alone. Pair it with PAC

young sandBOT
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@tough goblet has earned the Lux Level 1 role!

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old crow
old crow
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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...

edgy basin
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This is a short???

old crow
# edgy basin

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)

edgy basin
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Why is bullish?

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That's the hard part for me

old crow
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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....

old crow
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You need to study the docs and watch the Matrix video

edgy basin
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Thank you so much for your time

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i really want to use this oscillator

gritty kite
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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 🙏

thin trail
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🥂🥂

mystic granite
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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?

old crow
# mystic granite I ve a question about how to use if to use the optimal sensitivity indicated by ...

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.

little blade
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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

Lightshot

Captured with Lightshot

left heron
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How to get old stochastic oscillator? Getting confused in new oscillator sometimes

fossil hemlock
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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!

mystic granite
# old crow I assume the alerts will trigger on the settings you manually inputted, as the i...

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%
old crow
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EUR/USD 15m PAC Template with 15m OB's

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EUR/USD 15m PAC Template with higher TF 1H OB's

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EUR/USD 15m PAC Template with combined 15m and 1H OB's

frozen sand
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oooo Colors

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Do Cable.

old crow
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DXY Dollar Index

tough goblet
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Like it! How did you get both 15m and 1H OB's?

old crow
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Same concept with the Liquidity Sentiment Profile (highly traded Node levels)

old crow
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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? goldkekw

old crow
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I dont think I'll post it, its a mess, but at least I know what to look for myself

tough goblet
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I love the order blocks. Just like magnets.

old crow
old crow
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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....

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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

tough goblet
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And there lies my problem. I need to get discipled to stay on one setup and focus on just a couple of pairs.

old crow
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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.....

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Lux candle colors with HA, works wonders for me goldkekw

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and dont forget the MATRIX

tough goblet
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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.)

buoyant willow
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I had trouble figuring it out since they are average candles and don't reflect current price.

old crow
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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....

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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?

buoyant willow
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Damn, you're right lol

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What SL works for you?

old crow
buoyant willow
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Gotcha👍🏻

young sandBOT
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@buoyant willow has earned the Lux Level 1 role!

truman__ just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

buoyant willow
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yay

old crow
left heron
cobalt flume
tough goblet
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Oscillator Matrix got an update yesterday. Does anyone know what was updated?

mystic granite
# old crow Use what ever SL goes well with you. For me, I dont use SL as I management each ...

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?

old crow
# mystic granite Sorry to ask you but I think you have little more experience then me. In your op...

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.

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  • This is the way I use Matrix
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  • Other traders are using Matrix differently with huge success as well
mystic granite
mossy heron
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Lots of wisdom Micky

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Thank you

old crow
mystic granite
neat turtle
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Helloooooooo my fellow traders

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Desc BW picked up on the 5min NQ

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remember short day tomorrow

old crow
neat turtle
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so topstep literally just changed their plans, where you only have 1 step and can be funded in 4 days btw

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i know we were talking about prop firms last week

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took all rules away essentially besides max drawdown of the account

old crow
neat turtle
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i think the changes are good for people wanting to get into prop trading

grizzled mesa
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Looking for OB length recommendations from the day/swing traders for 5m/15m/1hr TFs....

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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?

buoyant willow
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TopStep promos going on 👍🏻

little flint
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topstep just futures right?

past needle
shrewd crown
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They process withdrawals daily

eternal acorn
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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 ❤️

past needle
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You can also look up tutorials for a better understanding

past needle
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hope that helps!

past needle
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@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.

old crow
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DXY Dollar Index

finite bear
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Good morning everyone. I wish us all a profitable month.

old crow
gritty kite
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Good night @old crow

finite bear
flint pendant
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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 😄

flint pendant
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I configured alerts with my IoT setup via webhook to send a notification to my phone + maybe alert on alexa

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From what I remember, too - the close price of the candle is in the JSON. Can extract and send with each notification. 😄

young sandBOT
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@flint pendant has earned the Lux Level 1 role!

suhdudes just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

violet flint
flat shale
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hi anyone here

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what is the value next to the order block 65.233b?

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b=btc?

pale tapir
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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?

old crow
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Morning ☀️

past needle
old crow
finite bear
gritty kite
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@old crow is in the house! The chats are going to get some activity now 🙂

old crow
old crow
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Dollar Index - on this 2 day holiday, low volume days

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EUR/USD

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NQ Futures

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ES Futures

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and crazy BTC

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Look at those wicks eyesshaking

gritty kite
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I call them widow makers

old crow
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I want some NQ

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Divergence on Matrix

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NYSE early closing today

past needle
gritty kite
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Thank you for reminding this Micky

old crow
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After this weekend we have the addiction to trade

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And markets are open for a few hours

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And we want to play these games

gritty kite
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True

short sedge
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Any view for BTC bro?

old crow
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Maybe on a tighter TF, but still Brain

past needle
old crow
young sandBOT
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@short sedge has earned the Lux Level 1 role!

Kannynguyen just levelled up! 🍪

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old crow
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Look at Gold, very tough...

past needle
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Unfortunately...

old crow
past needle
past needle
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what do you think?:

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i think it will bounce

old crow
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DXY heading lower before open, watch your pairs memes

old crow
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But I do like shorts for today

past needle
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I got some puts in early last night for CCL

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That's the only one I'm confident on after looking through timeframes

old crow
rare junco
old crow
old crow
torpid gyro
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First month results trading with LuxAlgo.

fading stone
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@thin trail Bro did the live scanner stopped working ?

proper wing
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Not much going on, woke up late, and happy with small profit. Done for the day. Happy 4th of July.

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ES chart

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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.

thin trail
sinful trellis
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what is the best time frame for scalping on signals and overlays?

twin gull
old crow
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DXy dollar index

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Everyone stay safe or avoided our addiction?

old crow
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Nothing going on with the EMini's Futures, closing bell soon

old crow
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1H ES Futures

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Tough spot

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Nothing above to target

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Same 1H ES bt with 4H OB's

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1H ES with the Liquidity Sentiment Profile

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Same 1H ES Liquidity Sentiment Profile, with 4H OB's

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the 4H OB/Breaker Block overlaps the highly traded nodes.

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Looks like that is a major key level 🤷🏻‍♂️

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  • Just some ideas on this lazy slow day
old crow
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Any Nifty traders?

wide sinew
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@old crow how do you get these charts on nifty may be I am missing something

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I recently joined lux

night lion
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@old crow With your primary strategy, using Auto are you doing Short or Mid range? Or long?

old crow
old crow
old crow
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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....

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Hope this is visually better to explain "trading with the trend," with using higher TimeFrame charts for analysis duckwaddle

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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....

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Nifty looks good for a trendy asset

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For the most part, indices trend better than most others

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Gold is a little tricky with being trendy

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So gold maybe an asset that you go down in TF for an entry chart if your scalping

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lux360 Have a good afternoon/night 👋🏽 NYSE closed tomorrow for US July 4th Holiday diamond

buoyant willow
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Just a TV live backtest trade but this would have hit and it was using your HA candles @old crow 👑

old crow
hidden moss
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Hello friends

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I trade 1 and 5 min timeframe

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Scalping

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Which indicator/ settings best for me ?

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Looking to try out a dozen or so and narrow down what is best

young sandBOT
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@hidden moss has earned the Lux Level 1 role!

therealjace just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

old crow
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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...

hidden moss
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What ??

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I don't need your trading advice

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Keep it to yourself

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I asked indicators popularity

old crow
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🤷🏻‍♂️

little flint
hidden moss
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I asked about indicators

spark tree
hidden moss
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I'm calm. People need to stop giving me advice and trying to catch me out.

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Plus you don't know me.

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Keep your advice to yourself, thank you.

neat turtle
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than treating a long time member like shit for no reason

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the community here is quite cozy without your toxicity

past needle
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I've found that Heiken Ashi works best with Lux Algo, is that what you guys use?

old crow
past needle
lunar finch
neat turtle
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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

old crow
past needle
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😦

neat turtle
past needle
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Oh, sorry. Misunderstood.

odd tundra
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mickyfx I like your setup bro

young sandBOT
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@odd tundra has earned the Lux Level 1 role!

Mx5A999 just levelled up! 🍪

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odd tundra
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How’s it work

old crow
little flint
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so quiet in here 🤔

gritty kite
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Hey @old crow Did you trade today my friend? I took a long on AUDJPY and it worked well

gritty kite
#

Tomorrow might be a trend sideways day I guess.

lean idol
#

Hey y'all!

finite bear
# hidden moss I don't need your trading advice

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.

lean idol
#

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

gritty kite
gritty kite
#

The one who you were responding to. projectpossible

lean idol
#

Hey @finite bear since you are a beta tester, are you familiar with the channel in the picture above?

young sandBOT
#

@lean idol has earned the Lux Level 1 role!

zarrarzahid just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

lean idol
#

It would be really helpful for me 🙂

finite bear
finite bear
#

Never see the channel before

lean idol
#

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?

lean idol
#

Ok mate thanks alot!

#

But just so you know, it once was here

finite bear
finite bear
old crow
#

Hows everything going here?

gritty kite
#

Looks like people are logging off at it'll be a slow day

next tendon
#

can someone tell me what the SHOW BREAKERS is on the lux algo premium mean

#

the orange bar

#

need help on meaning

old crow
#

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...

past needle
#

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.

old crow
past needle
old crow
past needle
old crow
old crow
forest tangle
past needle
tulip pagoda
#

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?

forest tangle
tulip pagoda
#

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.

forest tangle
tulip pagoda
#

Thank you Tu

forest tangle
# tulip pagoda 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.

young sandBOT
#

@forest tangle has earned the Lux Level 1 role!

Tu Trades just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

grizzled mesa
#

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?

old crow
#
  • 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

grizzled mesa
old crow
#

If your a swing trader, then I would increase the length to show the more significant ones for my swing levels

grizzled mesa
#

I trade on 15m and confluence on 1hr or 2 hr charts to look for OBs

old crow
grizzled mesa
#

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?

old crow
#

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

flat shale
#

hello anyone here

#

anyone using price action

fading stone
fading stone
#

What do you trade ?

white finch
#

backtesting indicator is not working.. any idea

main summit
vestal spear
#

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

finite bear
vestal spear
#

just checked , they were on 50 and put them full still nothing , strange. ive turned of restarted my pc still nothing. very frustrating

finite bear
finite bear
candid salmon
flat shale
#

hi all

lunar finch
flat shale
#

how come EQ not included in luxalgo signals and overlays

lunar finch
#

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.

flat shale
#

@lunar finch hi

lunar finch
#

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

lunar finch
flat shale
#

how come EQ not included in luxalgo signals and overlays

#

the premium version

old crow
#

Morning morning ☀️

finite bear
lunar finch
umbral marten
# hidden moss What ??

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

vestal spear
#

the other assets are working just not on gold surprisingly

old crow
#

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 🤷🏻‍♂️

zinc latch
#

good morning

vestal spear
old crow
#

Eur/Usd Flat lined as well on my template

#

Gold looked good over Asian/London

#

ES Futures just dead past 2 days, Flat lined, no pulse

undone sapphire
#

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!

old crow
#

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

old crow
#

Liquidity Sentiment Profile spinthink ES Futures

high marsh
#

@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

old crow
#

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

high marsh
#

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.

old crow
#

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....

#

rainbowar_ Speaking about a concept, who is trying out the new Silver Bullet?

old crow
past needle
#

Really matches your Discord profile.

old crow
mossy heron
#

Tradeview has 50%off sale on upgrade packages. Just letting everyone know.!! Have a great 4th

past needle
mossy heron
past needle
#

Yeah true.

whole sparrow
#

Hey guys, Greetings from Portugal 🇵🇹 ! 😀

past needle
whole sparrow
past needle
#

If I were you, I would watch a few tutorials on YouTube.

whole sparrow
past needle
#

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.

whole sparrow
past needle
#

Long-term, mid-term or short-term?

whole sparrow
#

Mostly a scalper, 1 to 5m

young sandBOT
#

@whole sparrow has earned the Lux Level 1 role!

gornidah just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

past needle
whole sparrow
#

Strange, I've already refreshed and the only indicator i cant add to the chart it's the Price action

past needle
#

There are also autopilot which you can select short-term

past needle
#

I would contact Lux Algo about that.

#

or email them

#

It could be location, but they have the best say in the matter.

whole sparrow
rough anchor
#

does anyone gets an error using the price action concept indicator? I just subscribed.

past needle
#

I exited out of it and now I'm getting it.

rough anchor
mystic granite
past needle
#

Signals are still working so that's a plus.

rough anchor
#

yeah price action is the only one that doesnt work for me, the other two are fine

thin trail
#

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!

harsh sluice
#

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

young sandBOT
#

@harsh sluice has earned the Lux Level 1 role!

karimun_83 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

harsh sluice
#

And on which time frames

past needle
#

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.

old crow
#

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?

whole sparrow
old crow
#

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

past needle
tepid horizon
#

What would be the most accurate setting up the Algo price action and the signal?

old crow
#

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?

tepid horizon
#

I use Oanda for FX and Ninja trader for Futures.

past needle
old crow
whole sparrow
tepid horizon
#

Yes, that is correct

old crow
#

I used to use NT for many MANY years, good platform, I have a lifetime license, but havent used it in years..

tepid horizon
#

My FX I trade on TV

young sandBOT
#

@tepid horizon has earned the Lux Level 1 role!

trueblue6734 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

old crow
tepid horizon
#

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.

fresh void
#

What do you guys use for xauusd ? Which indicator?

old crow
#

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 goldkekw
#

☝🏽 Chart above 1H Eu is showing "Last 10" OB's

#

This is showing the default "Last 5" OB's

thin trail
#

@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

bold prairie
thin trail
#

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...

▶ Play video
bold prairie
#

Thanking you, by "ep3" I meant there are previous episodes then, got what I asked for thank you 🥳

old crow
#

episode #3

flint pendant
#

Happy 4th from the PNW

spark tree
thin trail
#

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 🙏

thin trail
rigid wyvern
cyan skiff
#

Can any one tell how to set the Alert for neo cloud crossover or smart trail crossover

old crow
#

Be back later, either winner at 18 pips or winner at 1 pip goldkekw

gritty kite
#

@old crow How is the holiday going 🙂

old crow
#

Right now I’m driving around doing errands and not even looking at my trade

gritty kite
#

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 🙏

gritty kite
#

Some say, he drives a car by texting commands on his phone. We only know him as @old crow 🙂

old crow
gritty kite
#

Nice blue sky and open road

old crow
#

Omg

tough goblet
#

It is one of those days. Too bored.

young sandBOT
#

@past needle has earned the Lux Level 2 role!

patrickbm4gg just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

elfin stratus
#

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?

gritty kite
#

There is an announcement in the annoucements section

thin trail
bold prairie
#

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

young sandBOT
#

@bold prairie has earned the Lux Level 1 role!

Rainbowkittyluv just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

elfin stratus
young sandBOT
#

@elfin stratus has earned the Lux Level 1 role!

Allen2 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

old crow
#

Just got my Oanda alert that my 18 hit

tough goblet
#

💯

old crow
tough goblet
old crow
graceful tapir
#

Silver bullet is 🔥 - amazing work! Any plans to add alerts for premium members? 😎

past needle
graceful tapir
#

Yeah, ICT Silver Bullet

past needle
past needle
old crow
#

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

past needle
granite surge
#

Hello . It is safe to use x30 liquidation on ethusdt future? 1hr timeframe

civic egret
#

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?

high marsh
#

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

young sandBOT
#

@high marsh has earned the Lux Level 1 role!

CryptoKnight just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

old crow
# high marsh Sorry if it's a rookie question but are there any videos for setups combining l...

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...

▶ Play video
#

Brand new video series neysi

high marsh
#

Awesome. thanks @old crow

mellow vector
#

Any Advice ?

flat shale
#

maybe sign out sign back in.

mellow vector
#

i did it, not working

#

Only this Price Action Concepts

flat shale
#

i think there is problem with that

#

ive read it somewhere they are trying to fix it.

mellow vector
#

Ok, Thanks bro

young sandBOT
#

@mellow vector has earned the Lux Level 1 role!

ibrahimm5399 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

civic egret
#

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.

old crow
#

Your guessed it, coming up with new color schemes......what do you think? Yay or Nay?

#

🤷🏻‍♂️

tough goblet
#

Nay, to depressing. I like your brighter colors.

old crow
#

I can go either way...

#

Odd days of the month, we do plain grays. even days of the month, we do colors

tough goblet
old crow
old crow
tough goblet
#

I really need the markets to get back to normal.

old crow
#

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

past needle
old crow
#

Premium version

past needle
old crow
past needle
#

So if you don't take it off the chart, you are fine lol

old crow
#

LOL

past needle
old crow
past needle
#

Yeah, I will do anything to get it working again.

#

You'll just have to tell me how to do it.

old crow
#

ok hold on

past needle
#

Kk.

old crow
#

click this

#

then upper right hand corner, click copy

past needle
#

😄

old crow
#

then save to your TV

past needle
#

It worked

old crow
#

OH dam

past needle
#

Thank you so much!

past needle
#

Oh wait, I don't have premium so I can't copy but it looks awesome!

old crow
#

ahhhhh

past needle
#

Still looks sick though.

tough goblet
#

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!

old crow
old crow
#

with their beach chairs in the middle of the street

#

LOL

past needle
#

Throwing their beer cans at people lol

#

I used to have a neighbor like that

#

Parties all day

old crow
#

call the cops

#

LOL

#

be a rat

#

snitch

past needle
#

He made me laugh so I never said anything

#

😄

mossy heron
#

is lux algo life time stil for sale? i dont see in on the website?

old crow
mossy heron
#

will it reopen?

old crow
past needle
#

Micky, do you use the MACD with the indicator, it is so helpful!

#

The indicator as in Signals & Overlays

past needle
old crow
#

Try the Matrix

old crow
#

So many components inside Matrix

past needle
old crow
#

Matrix works great on both Signals/Overlays and PAC

past needle
#

Tbh I think it's more helpful.

old crow
#

Matrix with higher TF and lower TF is great to trade with

past needle
#

Okay, I will use this from now on. It's totally OP! Thank you!

old crow
#

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%.

gritty kite
#

@old crow What are your thoughts on MACD. Is it a leading or a lagging indicator in your opinion?

old crow
#

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

old crow
# gritty kite <@881016788702330900> What are your thoughts on MACD. Is it a leading or a lagg...

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....

#

👋🏽

gritty kite
#

Good night @old crow Chat tomorrow

old crow
gray lake
#

night

old crow
#

or i could lurk some more chickenheads

gritty kite
#

You've poured another glass of wine, haven't you? 🙂

shell wing
#

Hi everyone what is the best setting for this andicators

old crow
high marsh
#

Using OBs on PAC for Entry and Matrix for confirmations. Am i interpreting this correctly? See comments on the screenshot above...

old crow
#

And which OB are you referring to?

rare junco
# old crow

cant get any simpler or cleaner ... pls help me create one like this mate

high marsh
fast ruin
#

Can this indicator be traded automatically?

young sandBOT
#

@fast ruin has earned the Lux Level 1 role!

evabc just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

whole sparrow
main summit
fast ruin
#

Is it profitable?

prisma fulcrum
#

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?

young sandBOT
#

@prisma fulcrum has earned the Lux Level 1 role!

yigitemre_ just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

gritty kite
#

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

bold prairie
# old crow

Candle colouring- confirmation simple? 🫡

old crow
old crow
#

You crazy man, no master here, just another Lux member alongside everyone else herechickenheads

old crow
old crow
# fast ruin Is it profitable?

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

uneven olive
#

should i buy btc?

old crow
#

Good morning

#

1H DXY

#

Still flat lined with the Trend Tracer and Catcher, markets need time to reset....

#

Same with EUR/USD

#

ES Futures

#

EUR/USD short play at London open, pink drawn circle, retested 1H OB

#

15m EUR/USD short entry, pink circled at 15m OB tap

old crow
past needle
#

Good morning! Went to sleep and now the Price Action Concepts work again. Yay!

old crow
#

I guess it was resolved a few hours after it happened

past needle
#

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.

old crow
zinc latch
#

good morning

past needle
zinc latch
past needle
lament niche
#

good day all, i have just joined the group, purchased the algo

past needle
lament niche
#

unless there's a better way of learning 😉

past needle
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Good idea.

old crow
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Anyone try Silver BulletGIFCryptoRiseUp

queen wraith
#

hey micky i just joined but payment went through twice can i dm you

old crow
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Try their live chat on their website

queen wraith
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ty

uneven olive
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mikyproto

graceful tapir
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Hey - Silver Bullet isn't working for me on the 1m. Is this happening to anyone else?

uneven olive
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faker

young sandBOT
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@uneven olive has earned the Lux Level 1 role!

corrupted12 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

vale forge
#

where to find optimal senstivity settings ?

thin trail
proper wing
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GM everyone. ES char with today's level:

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Good start today:

old crow
molten carbon
old crow
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Then we switch to Signals and Overlays

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Others ways to beat this game memes

molten carbon
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I enter a long and a short with 1 tick sl 2 ticks profit

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that way if the market moves 2 ticks I am in profit of 1 tick

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that I pay for comissions

old crow
molten carbon
lament niche
#

gold should touch 1920,

young sandBOT
#

@lament niche has earned the Lux Level 1 role!

kunal6612 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

old crow
#

Everyone collecting cookies 🍪LOL

molten carbon
#

do you get a cookie each level?

fast ruin
#

If I only trade spot, how much is it better to adjust this number?

proper wing
old crow
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And this is still going, no FOMO here.....

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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

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@tough goblet

old crow
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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 spinthink So I switched back to the rangey EU today

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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...

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Here is the same EU on 1H and 15m, hard to find a scalp for my strat

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But if I dropped it down to 5m, then there's the 10 pips

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Same with Gold

proper wing
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Done for the day: Kind of choppy now : Trade safe everyone

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ES updated chart:

old crow
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ES/mES same

proper wing
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Keep an eye on J-SUS Blue box @old crow

old crow
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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 memes Just dont bag hold, and pray, just close it out at Turning Point flip, and wait for another set-up...
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  • Look at the above 5m Turning Points in the direction of Lux candle colors, Then close out at the next flip
proper wing
#

Turning point flip meaning Hyper wave turning. Correct?

old crow
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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

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  • No harm in using a combination of the two
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  • Drum roll please 🥁
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Example, only take entries on Lux candle color in same direction as Turning Points

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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

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  • Thats all the "Confucius" I have for today
proper wing
little flint
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@old crow for the president

old crow
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@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

past needle
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The YouTubers who day trade, their charts are so cluttered.

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With all this stuff that they think they need.

proper wing
old crow
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Simple minded 1H chart here. Can we come up with a strategy concept on this chart alone?

proper wing
#

Blue box is "J_SUS Zone"

old crow
old crow
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WHY are we not trading corn futures?

past needle
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tsla 1m

proper wing
old crow
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HAHAHA, I just took a demo trade on corn for 8 ticks TP, for $100

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$12.50/tick, this doesnt need to go that far on the chart for 8 ticks, OMG

fleet tendon
old crow
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But I will be studying this, the margin requirements and hours trded etc....

past needle
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What is the best timeframe for options contracts long-term?

old crow
old crow
# fleet tendon Not bad Micky, maybe we should trade corn?

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.

fleet tendon
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@old crow right, I follow you

visual mist
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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

proper wing
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@old crow saw another opportunity, why not to take it, made quick profit:

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I think I am getting greedy.

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no more play.

old crow
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shut it down, you making me look like chump change

old crow
visual mist
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Thanks Micky Just worrying me if I set 50 alerts I gotta go in and redo them all as the sensitivity changes haha

old crow
visual mist
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Right. Makes sense. Thankyou. So that idea I have won’t work then haha

old crow
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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

visual mist
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Makes total sense. Thx so much

old crow
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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 great_iidx 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.....neysi cheers Hope this helps others too....

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☝🏽

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I guess this LuxAlgo Price Action Concepts does work nicely yesss

past needle
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Can I have that picture lol

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Such a good strategy

fleet tendon
lime vale
#

cool idea. what are the FVG lines?

fleet tendon
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@old crow and thanks for always sharing appreciate bud.

past needle
high marsh
lime vale
old crow
old crow
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Im lerning as well with this stuff.

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But if you strip it down one piece by one piece, it looks good...

old crow
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NOW, I need to learn the SILVER BULLET emoji

past needle
old crow
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No, I think ICT coined the phrase for a simple FVG setup during 10-11am NY time

past needle
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That's cool! I may check it out

past needle
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it's going even higher, amazing!!

gritty kite
#

The Fed speakers are talking about oil

past needle
gritty kite
#

I'm looking at Oil spot and it is moving higher

old crow
keen charm
young sandBOT
#

@keen charm has earned the Lux Level 1 role!

avnierdogmus12 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

old crow
keen charm
gritty kite
low torrent
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At the end of the day it's just about what is more consistent

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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

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As long as it's consistent it doesn't really matter if you miss some trades here and there

old crow
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Being in the market for the least amount of time is the best way to stay safe.

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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

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😹

low torrent
#

Speaking from experience?

young sandBOT
#

@low torrent has earned the Lux Level 1 role!

🎼🎼🎼 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

low torrent
#

😝

gritty kite
#

I think every trader gets punched in the face atleast once

low torrent
#

Definitely

old crow
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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

keen charm
#

😄

old crow
#

Hahahaha

gritty kite
#

😆

high marsh
#

@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.

past needle
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Also if there is a CHoCH in between that is even better.

edgy basin
#

What this mean guys?

gritty kite
#

I might be worthwhile enabling trendcatcher in the chart to help you with your trading direction

past needle
keen charm
graceful tapir
high marsh
# past needle

Awesome . thanks much for sharing. understand it better now

past needle
gritty kite
#

Great explanation Patrick

past needle
#

tsla 1min

keen charm
past needle
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see how the candles bounce off the ob's

high marsh
past needle
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also the candle coloring which is on the signals and overlays but I turn the signals off