💬hangout

[old crow]

Hey there, good question. For me, screeners wether its TV or another 3rd party site, they all have their metrics (ie indicators) to place each one on a ranking list. Have you tried to focus on a few stocks on your own? like a personal Watch-List, this way you can scan them everyday day, I do this on FX and Futures as I scan them everyday for opportunities. Here is TSLA and APPL

Amazon and Meta

Just an idea

[worthy pond]

Hi Micky, I have put a small list on WL. I think I am more concerned my metrics are not correct to find the stocks. Its been overwhelming with all the different metrics on TV Screener. I was looing for a more concise a simplified screener. Any particular metric I should me looking at more? thanks dude I appreciate the help.

[proper wing]

So far nice recovery.

[old crow]

For me, I have a small watch list, the instruments I post every NY morning, that is the list. Then for metrics, I keep it simple. It’s the visual of the 4h and 1H TF charts I post every NY morning. That’s how I do it. When you h e a screener for the w tire market, you are not really familiar with the ebb and flow of all these symbols. There literally hundreds and hundreds of stocks. I would suggest to hand pick the ones you like, creat a small list, and look at these charts everyday and you will start to feel how they move. Then once you know these symbols like it’s your best friend, then you can decide each day what you will looking for to trade

Because these generic screeners will include meme stocks sometimes at the top of the screener list, then what? Are we really going to trade them even though they pass the screener metrics?

@worthy pond Try this, pick one stock you like, observe a higher TF. Focus on this one stock. Lets look at META only

This is year to date on 4H

Be aware of when earnings too place and the reaction

Now go hiher, lets see the Daily

If you focus on META only for the next year, and nothing else, guess what, you will know when to get in or out

Using Signal & Overlays, you will do this with your eyes closed

Just an idea

[worthy pond]

Makes sense Micky, I am in sensory overload since I started this journey.

[old crow]

Yeah, lots of toys around us for distraction, just focus

What stock do you personally like?

that one stock for you?

[worthy pond]

And there is the Issue, I still have to find my 'space'. working on it.

[old crow]

It will come. to help with stocks, if you pick the brand names that you like in your everyday personal life, then you will have that feeling to know more about the company and the stock performance

Lets say you like the brand NIKE, then watch NIKE as you will already have that curiosity of the brand that your personally have in your life, you have the shirts and sneakers, you love them, so why not watch this symbol, best in class in their space?

If you like to drink Coke, then why not watch Coke symbol

Its an easy way to create a small list

[worthy pond]

I will be reading and following advise, 9-5 calls 😦 lol. BBL

[old crow]

Have a good weekend!

[obsidian sphinx]

Rejected at 1H OB

anyone shorting ES here?

Went light

[old crow]

careful

[obsidian sphinx]

I’m out

Quick scalp

Now I wish I did ES instead of MES

🤦‍♂️

[ember hedge]

ES is being kind of bouncy now

[obsidian sphinx]

5 point drop from entry

24 tick PT hit

It works

First time taking a trade on OB so went MES

Potential bounce here above NEO cloud on 5m

And equilibrium

[old crow]

Watch the Matrix

[old crow]

Nice!

[ember hedge]

Can you explain what your seeing in that matix pic

[obsidian sphinx]

That bounce. Fml. 24 tuck bounce

[old crow]

What I am see is we are still in bearish bias per higher TF's, on this 15m, Neo still bearish, we have Matrix Moneyflow turning bullish slightly a couple of times, so im watching the next bearish Moneyflow flip with turning point

[ember hedge]

Thank u

[tacit vine]

@old crowHi Micky got a question to you. Is equilibrium zone strong for example support or ressistance levels ?

[old crow]

Its just a mid point between Premium/Discount
It could be important to you if you are something like a fib trader
Equilibrium is actually the 50% fib level of the fib structure anchor points.
Anchors points meaning the premium and discount zones are anchored to the most recent swing structure.
If you look to the left, follow each of the premium and discount levels to the left and you will see where it anchored for the structure

[tacit vine]

so in equilibrium zone anything can happen ?

[old crow]

yes, I view this zone as an alert, to let me know, this maybe be the line in the sand level for a directional trade

My actual retracement fib levels are 50-79%

[tacit vine]

ok i got ya

[old crow]

if I have multiple OB's scattered and I cant decide which one I should play off of, then I draw my fib 50-79% leve zone to see which OB's fall within that range, for me to possibly play those OB's

[obsidian sphinx]

Round 2 scalp

[tacit vine]

on that dashboard i can't uderstand that squeeze meter ? i can see sometimes is up sometimes down and sometimes is like rounded arrows ? can u explain me meaning of this please

[young sand]

@tacit vine has earned the Lux Level 1 role!

RAAAF 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

[obsidian sphinx]

Out

Thank you 1H OB

[tacit vine]

@obsidian sphinxthats a nice trade

[obsidian sphinx]

Yea. I wish both were ES though. But gotta play safe when testing especially real money

This 30m discount level was the money maker

Was too chicken to pull the trigger long on a j Powell day

Either big reject 4407.50 or big move up

[tacit vine]

@obsidian sphinxi had short on eth limit order on 1685 and price hit 1680 unlucky

[obsidian sphinx]

Good stuff man. Congrats on the W

[tacit vine]

@obsidian sphinxdxy looks like wanna go down so it is a chance on breaking level but maybe from monday

[obsidian sphinx]

Rejected

[ember hedge]

IDK how to fix this problem, but my biggest problem is stop the bleeding when Im losing.

[tacit vine]

@obsidian sphinxit wasnt win bro price hit 1680 before going down and my limit was at 1685 didnt catch that

[obsidian sphinx]

Oh sorry. I’m working and trading so in and out skimming chat

Next time. More to come

[tacit vine]

@ember hedgei had same problem before start using luxalgo. this idicator gave me some confidence in what level price can turn around but most important is setting stop loss and stick to that sl. sometimes you have to agree to loss

[proper wing]

@old crow with updated comments

[ember hedge]

whats your goto with lux to see the tun around

[old crow]

@tacit vine Here is example on NQ 4H with the Strong Weak H/L turned on

• Also plotted my Fib tool that marks 50-70% zone
• I circled 2 areas with OB's that I will be watching
• The 2nd chart I added the Prem/Disc/Equil zones
• Notice the Equilibrium zone, and my 50% fib level, which lined up with an OB
• Now I will watch price action on a lower TF for entry short

[tacit vine]

im working off premium and discount zones plus order blocks

[old crow]

This is how "I" use the Equilibrium
If you know how to use Fib levels to find an area for pullback entries, then the PAC equilibrium serves the same purpose for me

[tacit vine]

thanks for that info now i know how to treat that equilibrium level

[old crow]

Great, hope this is understandable, sometimes I just keep blabbing

Here is another way to play this
EUR/USD 15m
2 paths

• if this takes the bullish path, TP could be in my fib zone 50-79" of these OB's

So many ways

[ember hedge]

Ive never use the price action concepts. What is it showing?

[old crow]

Have a look at the Price Action Concepts overview videos here:

#📈must-watch message

[obsidian sphinx]

Big reject at 1H OB. 🤦‍♂️

Missed opp

[native jolt]

Is there any way to confirm that the induced fvg is reliable or not because most of the times the fvg gets mitigated within a few very next candle...

[old crow]

OK, but the theory behind FVG's is that at some point, price is attracted to the fvg zones to mitigate those zones. So in theory, the FVG's on your chart that are being mitigated, follows this concept

Also lower TF’s will show more FVG’s

[obsidian sphinx]

7 point long. Price above POC and NEO cloud

Paper hands

Wild

[true robin]

The new support resistance indicator by Lux Looks pretty good!

[little flint]

of course it is

see this button here?

https://tenor.com/view/this-is-the-way-this-is-the-way-mandalorian-mandalorian-i-have-spoken-baby-yoda-gif-24159898

[solemn widget]

@old crow the strategy actually isn't that bad

But I dont think it will get an winrate over 65%

[old crow]

not sure about win rates, maybe @hidden moss can help with this

Almost closing bell for NY and for the week ✅

[gritty kite]

Some nice @proper wing boxes today

[gritty kite]

This is a reminder for me isn't it! 😆

[old crow]

yup

[native jolt]

@old crow After making a strong low, can we plan for long...if it is at 4hr OB..

[old crow]

That is one possibility if that strong low is same area with a key level, such as an OB.
look at the ES chart I just posted, if price revisits that area, one of the scenarios, could be a bullish move.

And that OB was not created by that strong low anchor point, it was created back in June, so we have a key level here

[native jolt]

Yes that is why I asked because the strong low is at 4hr OB level.

[old crow]

Yeah, look how price bounced off of the JUNE OB
price tried to hot that same area but didnt make it today, JP speech kind of messed the flow up a bit today

But thats a good read on your part!

[native jolt]

Thanks ❤️, for making it clear.

[old crow]

also take a look at that FVG, price is trying to fill it

[native jolt]

Same situation is here, strong low + OB and taking the support but just above there is a bearish OB.

[obsidian sphinx]

Got a strat I observed today.

1. Wait for discount area to hold on 15m
2. Bullish move back above value area low (VAL)
3. Wait for retracement back down to VAL. And close above VAL
4. Use point of control for your profit target.

Note: the image shows a 13 point gain

[old crow]

intresting

[native jolt]

I have seen about 15no. of stocks where it made strong highs and lows at existing 4hrs OBs, and if we could plan for short or long according to that it could have been amazing.
I am not sure because for each stocks obviously be a strong high and low at a point but I 'll try in the coming days.

[gritty kite]

You know what time it is!

https://tenor.com/view/steelerstandard-ivanrapoport-steelers-chat-frank-typing-straight-facts-gif-22556065

" Micky Sticky Fact #39 "

Legend has it that the Swiss Army uses Micky Knives !!

All we know is that Master Trader @old crow with over two decades experience is here helping us get better! There is nothing he doesn't know

P.S: Micky and his girlfriend were travelling in his car. He asked her to see if the blinker worked. She stuck her head out and said "yes, no, yes, no, yes.."

Have a good weekend guys

[native jolt]

😂😂😂

[gritty kite]

Let's do this all over again next week!

[native jolt]

Yes, I feel lucky that Micky guides or helps us with each query or doubts or new ideas.

[old crow]

OMG

[old crow]

Interesting observation....hmmmmm

[hasty willow]

Hi @old crow ! I trust you are well. Look, I was checking your layout you shared with us with the normal defaults PAC ones. I saw that the % volume for the OB closed to the price doesn’t Match. In you layout it shows 18% and in normal template shows 29%. Can you please check why this discrepancies?

[old crow]

Im not sure what your referring to, can you sen me a pic?

What does normal template mean?

[hasty willow]

Default one

I meant

[young sand]

@hasty willow has earned the Lux Level 2 role!

kilabil 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 ;)

[old crow]

If its the same 4H TF, should be the same, just the colors are different, unless you have the OB settings different between them. On the default template, change the OB settings to the same as my default and should be the same

Because in my template, I show many more OB's, way more than last 5

[hasty willow]

I also Changed to 200 OB and % still difffes from template

[old crow]

By showing more OB's the metrics will be dispersed accordingly

what about hide overlays?

[hasty willow]

Ohhh

Maybe 🤔

[old crow]

my template and default have different settings, so the OB metrics wil be different

[hasty willow]

That’s what I was wondering

[old crow]

the more OB's you have on your charts, the more the metrics will be dispersed among them

For me, I hide metrics, and I focus on the actual OB levels

But the metrics can be very powerful, if you dont have alot of OBs shown, just like the default settings.

[hasty willow]

Does metrics influence on OB being violated?

[old crow]

Lets say for example, you have only 2 OB's on the chart, and one says 80% and the other says 20%
This example, its very clear, very powerful info

But I have a million OB's on the chart, so the metrics is watered down, thats why I have them hidden

but on my lower TF entry PAC chart, yeah, I could use the volume % metrics for sure to help me!

[hasty willow]

Let’s say the price is coming down to an OB of 29% and below there is other of 9%. Will the 29% act as support?

[hasty willow]

Like on this example.

Above 👆

Will the price respect the 29%

[old crow]

yes and no.
yes meaning you have the right idea and it could play out like that
no meaning, price could break below it, pull back to that 29% OB and then bounce back dow to the lower 9% OB

2 paths for me

• I always have 2 paths mapped out in my head

[hasty willow]

I get you

Market sentiment can change anytime

No one knows

Better is to wait for more confluences, right?

[old crow]

• I tell myself price can either go up or down
• So what are the paths for each scenario
• and when price takes a scenario path, thats when ill decide if I want to go long or short

[old crow]

exactly, im not good at guessing, so I will wait for validating confluences

I re-read, thats right, I RE-READ Core-Lessons today, and there is one line that said

• Embrace the complexity of the markets

[hasty willow]

Thanks @old crow

[old crow]

Remember Gold I chatted yesterday and on live stream?
As I dont like to look for trades inside 4H OB's

[hasty willow]

@old crow was there a live today?

[hasty willow]

Yes, I do

[old crow]

It was tuesday and yesterday

recoding on YT "Live" tabe

https://www.youtube.com/live/gMEXdPXYGkI?si=Zj4te04K63fcZkqV

https://tenor.com/view/subscribe-button-gif-24514780

👉🏽 Have a good weekend - Ill be around all weekend

[sterile cosmos]

It's funny, since I have started trading..... I don't really like weekends. 🤣

Catch you Monday folks. Have a good one

[drowsy wraith]

Guys, i have made my own version of the Oscillator Matrix and want to setup a custom alert, but i want to set it for multiple assets, but it seems i can only activate it on 1 asset, because after i go to another asset, i can no longer add another alert. Could you help me? Thanks!

[proper wing]

Box-5 was a strong resistance.

[drowsy wraith]

And can you also set an alert for a combination of points from the oscillator and for example, the signals & overlays?

[young sand]

@drowsy wraith has earned the Lux Level 1 role!

daanmilo 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

[chilly oyster]

@old crow what’s the strategy you guys talk about in the livestream? Is it in the pro strategy channel?

[old crow]

Yes, we have #1128499789437354106 where LuxAlgo and members post strategies with indicator settings and set ups to look for. Browse through them to see if you like any

[chilly oyster]

What’s the strategy you use on stream is it in the the channel?

[old crow]

I discuss a few here:
#1137449177249488968 message
#1141218264656134256 message

[ashen cloak]

@old crow

I need some help. I have the FVG indicator turned on, but I rarely see one show up on my chart. I only trade ES on the the 3 minute chart. Could I possibly have my FVG setting wrong and that’s why I never see one? Also, when you guys talk about liquidity sweeps, it that the same thing as the FVG?

[worthy pond]

8/22 live stream was very helpful. going back to the ones I missed. Block orders finally make sense to me and how to use them in the 4h chart. good stuff there for a novice like me.

[peak prism]

Any strategies people like on gold? Got some accounts that got great spread on gold so figured I'd see if can focus on gold

[obsidian trout]

https://tenor.com/view/weekend-plans-cute-cute-toon-weekend-happy-weekend-gif-22784809

Have a great weekend everyone!

[old crow]

you probably have the mitigation on a different setting

show me the fvg settings

here is 3m ES default with fvg's

FVG's are circled

• FVG "Mitigation Method" = "Closed"

[old crow]

Happy Weekend
End of Week 4H OB Charts

ES

DXY

EUR/USD

USD/JPY

[ashen cloak]

Mitigation Method is Close, Time Frame is 5 min.

Extend Box is 10

This is really odd, because the only one I see on my chart is the one from 11:30 this morning.

Do I need to change the Time Frame to 3 min, since I’m using a 3 min. Chart?

[old crow]

OH, you have 3m FVG on 5m chart?

my chart i posted for you is just a plain 3m tf chart that show fvg's on the charts tf or 3m

So if you want to show a lower TF FVG on a higher TF chart, then there are limitations with this as for the mitigation and what you will see on the chart

So you will see far less smaller TF FVG's on a chart that has a higher TF, this will always happen
Typically, what you would do is have a higher TF fvg on a lower TF chart

[waxen mulch]

@old crow Does Luxalgo provide QM pattern or equivalent? thanks

[old crow]

I dont believe so. But you can browse through the LuxAlgo TV catalog to see if you find anything you like: https://www.tradingview.com/u/LuxAlgo/#published-scripts

[waxen mulch]

thx

[elfin marsh]

How do I get it to where it shows the buy and sell signals on the chart?

[thin trail]

the signals on Signals & Overlays are the exact same as previous versions that said buy/sell/strong

[elfin marsh]

Can you show me where to do that on trading view like a picture of it and then what it actually looks like on the chart when it’s implemented

[old crow]

Here is a good overview video on the Signals & Overlays
https://youtu.be/wIJgI1905aA?si=ewwLNtAqintWq_Ks

@elfin marsh Welcome aboard as well, here are some room links to help you get started as well:
#🧠core-lessons and #📈must-watch

[elfin marsh]

Thanks

[old crow]

• Lets see what BTC can do this weekend

[rose estuary]

May i ask what strategy are best for crypto? I love to hear more opinions from expert here 😄

[native jolt]

@old crow may I know what is the meaning of % with strong lows or highs?..I think this show how strong the high or low is...is it?

[old crow]

This should help:

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

Ok, its that time soon for me.....

I like this version better, LOLLLL

[faint egret]

What is OBD and PAC?

[limpid flax]

Order Block (D stand for data not sure) and Price Action Concept

[faint egret]

Oh that makes sense, thank you

Had a question about order blocks

Order block at the bottom of the screenshot.

When it's going to be shown? After price hits that liquidity area and goes in any direction or beforehand?

Basically, will I see it at position 1, 2 or 3?

[young sand]

@faint egret has earned the Lux Level 1 role!

.rusln 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

[limpid flax]

these Block Orders act as support and resistance usually for me i also enable in setting "Show Breakers" in Volumetric Block Order section it also will show you more Block Orders where volume there.

[faint egret]

Oh I see, so a basic strategy with this can be
(1) order block gets created
(2) on price re-entering it again based on BUY/SELL power you can enter long and run it until the next resistance

Does that sound okay or I'm making a mistake

[limpid flax]

TBH i never make entry inside order block since it can go either ways up or down it better to wait till price go either directions up or down

[faint egret]

You would wait for the candle close above/below the block?

[limpid flax]

yea and most of time price re-test again

[faint egret]

Trying to see what strategies I can start with based on market structures and orders. As I'm not that sure that signals work

[limpid flax]

my trading method i use 3 screens one for PAC and volumes second scalping 15min Heikin Ashi candles third for Reversal Zones, there is million ways to trade find the one suites you :p

[faint egret]

Got it, thanks a lot for explaining

[limpid flax]

@faint egret Actually there is recorded live videos in YouTube its excellent to watch with good explanations in LuxAlgo channel

[faint egret]

I'll take a look definitely

[old crow]

Around 3

[limpid flax]

Also using replay will show you how it form

[faint egret]

@old crow hi! any tips or sources I should check for order block trading? It seems interesting to me as a strategy

[old crow]

Hi there. LuxAlgo has many short and long form YouTube video that go over OB’s and actual conceptual strategies. Here is a SetUp Series video from LuxAlgo that goes over PAC and OB’s

https://youtu.be/HQ-yZrDrAxU?si=mEnKIDcHq34Dijr8

Also posted here

#1130856420703735849 message

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

[faint egret]

Thank you so much!

[gentle berry]

Hello everyone,
I'm just getting into Pine Script on TradingView, but I can't seem find any information on how to code events in my Strategy using signals from third-party indicators like LuxAlgo. Is this done through the alert() function or something else? I would appreciate any hints or links to corresponding resources!

[ashen cloak]

Thanks for your help

[onyx cape]

scam ALERT

[old crow]

https://tenor.com/view/good-morning-gif-24072571

[old crow]

Thanks for letting everyone know, there is NO such thing as LuxAlgo Pro. And there is no secret private invite via email to the real LuxAlgo beta backtester

[vapid sequoia]

Oh no! You just shared info about the platform! HAHAHAHA

[old crow]

How’s everyone doing?
Morning and early afternoon here in the states

[vapid sequoia]

I’m tempted to join just to see what they came with. If it’s just take the money and disappear or they have concocted a simple indicator to keep the scam going

[old crow]

DO NOT CLICK ON any of those links

You will be compromised

[vapid sequoia]

Doing fine here from Italy. Sun just came out after a wild hurricane

What do you mean by compromised? Virus?

[old crow]

Yes

Virus to grab all your personal info from logins to passwords that have been cached on your device

[vapid sequoia]

I keep all sensible data and passwords on a cold laptop.

On the other hand my phone is the real ticking bomb

If they stole it and get access…I’m screwed

[vapid sequoia]

Anyway thank you…I won’t open it

[old crow]

https://tenor.com/view/notes-sticky-notes-letters-pink-gif-15865915

Here’s my cold storage

[old crow]

Let's see what our friends are dealing with, next door in the Crypto chat

[remote oasis]

Someone uses HA candles to time entries and exits ?

[old crow]

Mix feelings on this
Many here know I like HA
But I only use for my small hard TP's by scalping in the middle of a trend, maybe during waves 2-3, assuming most trend moves have about 3 waves.

• HA will not provide accurate precise entries, nor precise exits, you will give back quit a bit in price levels.
• I am focusing my trades and charts on traditional candlesticks (hollow candlesticks on Signals & Overlays), as I have been pretty good with my 4H OB PAC template, with a combination of Signals & Overlays and PAC on lower TF's, with larger TP's

Just an opinion for my personal trading.

[remote oasis]

Thanks @old crow

Its hard waiting for those 4h OB. I can't time myself

[old crow]

Correct, I did this on purpose for myself, this prevented me from overtrading as I did not want to be tempted with alot of set-ups on my chart. This 4H higher TF, is actually much MUCH more reliable for the OB levels to trade around. So I only focus on one concept for this set-up. There are many SMC & ICT concepts, just too many and all are very tempting. But I wanted to use ONE simple concept, only a few times a week per symbol. This set-up typically shows me maybe 2-3 set-ups per week, so if I am watching 2 symbols, maybe the ES and EUR/USD, I will have enough opportunities to satisfy my addiction for the week.

[old crow]

If you like my 4H OB concept, you can bring down the TF and have more set-ups. Example, try 1H OB with a lower TF PAC entry chart?

Same concept, just use different TF's charts

[remote oasis]

Yeah actually that is what I am trying to do

[old crow]

Another great concept is the Breaker Block, similar to my concept, but zero'ed in on a particular type of OB level. I actually really REALLY like this concept as well (hint hint)

This BreakerBlock model was actually the "seed" for me to create my 4H OB model

☝🏽

https://tenor.com/view/shh-quiet-be-gif-25484853

[remote oasis]

you're right ! that was actually a very nice one

[old crow]

Oh yeah!
You see
If you only wait for that ONE set-up, your mind will be focused, less mistakes...

(just an idea to force the mind to focus o ONE task)

[remote oasis]

Yeah it provides really nice signals. How many times did I enter without real confirmation haha

[old crow]

LOL

Dont laugh, die hard SMC ICT traders dont use oscillators, and just trust their market structures and POI levels, with trade management, they can limit their losses, and extend their wins. Im not sure if I can do this, LOLLLLLLL

[worthy pond]

Good afternoon.

[naive blade]

its so wild seeing all the ict/smc stuff, ive been trading long enough where it was just simply called "trading price action" ...now all these fancy terms and stuff, probably confuses the hell out of people

like you say, focus on one setup

[old crow]

exactly, right??????? but whatever term they use now a days, at least it gets people to study this concept more

[naive blade]

yeah exactly, gets them in the door at least

[old crow]

Yeh, who cares who invited them, they are in the party

LOL

[naive blade]

i think you do a really good job with how you setup your charts, keeps it nice and simple for people to understand and then they arent looking at a bob ross chart

did you ever get a chance to see kimmys charts over in the crypto chat

poor soul had every indicator turned on, it was a disaster lmao

[old crow]

I missed that one, oh my

But if it works, it works

https://tenor.com/view/safemoon-safemoon-bob-safemoon-bob-ross-safemoon-crazy-sfm-gif-22844693

[native jolt]

It's working well, let c for a week.

[old crow]

NICE

[native jolt]

😍

[remote oasis]

is it too late to enter ?

[native jolt]

Risk is high now

I traded because the RR was 1:8

[remote oasis]

ok

that was a quick rise 😛

[elfin marsh]

What are you trading?

[young sand]

@elfin marsh has earned the Lux Level 1 role!

borngifted10 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

[native jolt]

However, it's not too late..it is sustaining at fvg... possibility is to ride but don't take risk...better to find another one.

[native jolt]

Also made a pin bar

[remote oasis]

still on the 4h OB

[native jolt]

Yes

[remote oasis]

I might enter once it leaves the OB

[elfin marsh]

@native jolt what are you trading right now

[native jolt]

This one, however, it's risky

Just for scalping

Crossed 90

😍

[remote oasis]

how much PnL now ?

[native jolt]

Target is about 300%, let c

[remote oasis]

how much margin you playing with

[native jolt]

Only 400$

[remote oasis]

that's a nice profit for a saturday 😛

[native jolt]

Thanks to @old crow

Since the last 8-10 days, he has been clearing my doubts promptly.

[old crow]

Your on

[elfin marsh]

??

What future is that

[celest pasture]

It’s crypto

[elfin marsh]

Ahhh I saw bincane futures on it🤣

[native jolt]

Finally doubled 🥹

[native jolt]

You missed 🙂

[remote oasis]

Nice one bro!

[maiden marsh]

hi guys, i got a mail about LuxAlgo Pro to sign up for beta, is that legit?

[celest pasture]

No scam

#💬hangout message

[outer lintel]

The premium indicators are amazing I can’t lie. I have 3 accounts on phase 2.

Can’t wait for the new one

[old crow]

Thats insane, and you just joined not too long ago!

CONGRATS!

[outer lintel]

Yessir. Once I joined and figured out how to use the indicators I passed phase 1 with ease. Currently on phase 2 with different strategies and all working pretty well.

2 accounts 100k challenge
1 account 200k challenge

[young sand]

@outer lintel has earned the Lux Level 1 role!

craftypicks 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]

https://tenor.com/view/yes-will-ferrell-awesome-gif-14597941

BTC just hanging around.....

[high marsh]

💥💥💥 what strat are you using? Mickys HA overlay ??

Yo @old crow working on the weekend too! U wild LoL

[old crow]

LOL, just having fun with my charts........TV all paid for the year, so gotta make use of it, get my moneys worth

[high marsh]

They should give u lifetime free membership 😎😎

[naive blade]

https://tenor.com/view/gekko-gordongekko-money-bitch-neversleep-gif-5011621

[old crow]

OSCILLATOR MATRIX

Trade the lower 15m TF in the direction of the higher TF 1H Matrix
I marked up the candlestick chart with correlating boxes to the higher 1H TF Matrix Turning Points

Now we study this to see how we trade the 15m in the direction of a higher TF trend bias (Matrix Turning Points)

Think where would you take some trades and where you would sit on your hands

• 15m TF Candlesticks
• 15m TF Matrix
• 1H TF Matrix

This is just an example to have you think like this.
You can use this same logic with any of your charts and indicators

There's no right or wrong answer here on where you would trade, or not to trade, as everyone has different styles and trade management.

• But for me, I would trade inside box #2 and #3.
• No trades for me inside box #1, and no trades in box #4
• After box #4 was JP Jackson Hole speech.

Im looking for confluence with 1H Matrix Turning Points and MoneyFlow, 15m TF Neo Cloud, and candle coloring

[umbral marten]

Bro,
How did you manage to get higher TF matrix along with lower TF chart?

[true robin]

Looks like hes using another chart for the 1H
Then shrunk down the chart to only look like its just the Matrix

Top right corner is a Square you can have multiple charts at the same time

[umbral marten]

Cool, thanks

[high marsh]

@old crow Good stuff. I have been running a similar strat on capitalize( testing) Matrix hyper wave direction aligned on 1h 15m 5m tf. Entry on 5 min. 70% WR.

[old crow]

Nice, good stats indeed!

[umbral marten]

Perhaps Lux can add timeframe parameter as it’s been done for other premium indicators

[native jolt]

Going with TOMO again😐

[ocean flame]

Top top @old crow there a Nice idea to implement also in matrix 🙂 MTF heheheh

[frozen sand]

No catcher & tracer?

[native jolt]

😍😍😍

2nd day

[rocky juniper]

Hey everyone quick question? What are those green/red bars in the chart? Like so

[untold grotto]

Buying versus Selling volume

[rocky juniper]

Thank you!

[celest pasture]

What startegy do you use ? Only 4h OB

[pine harness]

helo frnds.. is there option to get bullish choc alert for a complete watchlist??

[old crow]

From this pic, I only see candlesticks body and wicks

[rocky juniper]

Yes I was just curious about those bars so I cropped it to highlight them more

[old crow]

Sure you could use those as well. This was an exercise to demonstrate how to use multi TF analysis using one particular indicator. Matrix

[old crow]

Ok great, yes Candlesticks show the open close high and low of the price movement on the chosen timeframe of the chart

[native jolt]

Yes PAC only

[remote oasis]

@native jolt you did reach your 300% on this coin lol

[native jolt]

😂 Yes..more thn that

[remote oasis]

What was your trading decision ? What were you looking at ? I know the 4h OB was there but how did you time your entries on LTF ?

[buoyant fractal]

some one asking about payment issues

[craggy briar]

Hey what strategy did you learn?

[young sand]

@craggy briar has earned the Lux Level 1 role!

ericsturdivant 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 fractal]

is he valid or scam

[old crow]

PLEASE do not fall for these scams, LuxAlgo does not message anyone first, and they do not have any additional Zoom classes. All features, indicators and additional resources will always be posted on the official LuxAlgo.com website and here in our VIP Discord group.

Also please verify their Discord profile for anyone that has messaged you first, and compare that to the genuine staff members here in or VIP group.

If there are any concerns or clarification, please send email to [e-mail] or contact them via web chat widget on LuxAlgo.com

[buoyant fractal]

hello

[naive blade]

blows me away someone puts effort into doing that garbage, would make better use of their time learning how to actually trade

[buoyant fractal]

I have just joined

I am here to get a solution

which I am not able to eliminate in trading

which

I do follow ICT

trading strategy

but I get stuck at the point of execution

I need a indicator which will reconfirm my execution as well as boost my confidence so that I can eliminate fear

[naive blade]

explain more? you mean you have a fear or?

you should watch some mark douglas

he goes into trading psych a lot

[buoyant fractal]

means at the point of execution I get stuck whether the entry is correct or not that makes me confused

[naive blade]

https://www.youtube.com/results?search_query=mark+douglas+trading+psychology

[buoyant fractal]

for which i do avoid entry

also like to get a exit indicator which best suited

[naive blade]

try not to worry about being perfect

you could use ladder ordering too if you want

then you arent stressing over 1 entry

its spread out over 5-10 ladders

[buoyant fractal]

I am looking for a indicator which will support me

means ny daily bias - liquidity level - everything I can find perfectly but get stuck at the point of execution

for which I need a confirmation from a indicator

[naive blade]

that doesnt exist

you need to focus on trading psychology

thats your issue

learn to not care as much about finding the perfect entry, because it doesnt exist

thats where laddering helps you a lot because you arent stressing over finding the perfect entry point

you setup the orders in a range and let it fill

you could even play around with the PAC custom alerts too, toss in your indicators and set it up so they match or w/e settings you want, then you can kind of have it laser everything down and only provide you with alerts when X and X are on the same page

[true robin]

You can check out this post, it's based on ICT concepts. Practice in demo until you can understand and get it down before you do a prop firm or live cash account https://discord.com/channels/641770286638694402/1136038766553878689

Haha Micky, did I get to the comment first?

[naive blade]

micky is cooking up a category 5 hurricane comment

https://tenor.com/view/woody-woody-toy-story-sora-kh3-kh-gif-27223516

[true robin]

5 hours later

[limpid flax]

https://tenor.com/view/spongebob-spongebob-meme-thinking-sad-coffee-gif-21807366

[old crow]

@buoyant fractal SMC, ICT or the similar, are ways to view the market structure's of each asset on any given charting timeframe. LuxAlgo's Price Action Concepts (PAC) indicator, is not an entry/exit signal indicator, but does very well in helping you, by automatically plotting these SMC and ICT structures and concepts on your chart, so you dont have to, saves time for you, thereby you are able to analyze your charts in a timely manner. With that said, SMC and ICT has hundreds of different entry/exits concepts, and every week, there seems to be more being posted on the internet. So in my opinion, do not try to memorize or master each one of these concepts, this will eventually be more harm than good. This will create hesitation and uncertainty as some of these concepts will be counter intuitive to each other. Pick ONE or TWO concepts, learn it and master it. Then declutter your SMC, ICT LuxALgo PAC chart so that you are able to read the market structure for the one or two concepts that you will be focusing on. Declutter the chart, and I promise you, you will be more relaxed and calm and focused and ready for the next entry set-up

[limpid flax]

I remember day one using LuxAlgo PAC made 45% profit in 15min its fun game

[old crow]

Drum roll please, I guess it's posting-chart time

https://tenor.com/view/yes-sweet-hell-yes-pump-it-gif-22136641

Here is my decluttered PAC chart on ES futures

• OrderBlocks, BreakerBlock enabled only, thats it

[outer lintel]

100k account - forex reversal strategy with money concept and reversal zones. 1:2 and 1:3 RR

100k account - Futures only trading supply and demand zones(US30, NAS100) 1:2 RR

200k account - Gold only. Day Trade with the indicators and bookmap. 1:2 RR

[old crow]

I have light version or purple version
This is the only stress I have everyday
Which color template I should go with

We can do this too

https://tenor.com/view/laugh-sanayairani-cybervaar-hahahaha-haha-gif-25799007

[limpid flax]

this one looks cool

[true robin]

I see an OB overlap, Micky, do you have that setting disabled?

[old crow]

Yes for this 4H OB templat, I show all overlaps as I want to see how strong a price level is for a lower TF PAC

[true robin]

Ah okay, just wanted to double check! That also makes sense

[old crow]

BUT, I will show this simple concept model on a declutter 4H PAC

Using this 4H OB

• Internal market structure enable
• Hide overlaps
• After ChoCH, I use my Fib tool for the structure anchor points that created that ChoCh, for entry continuation

example ☝🏽

In theory, this is what I am looking for, if there was no Jackson Hole last friday

If there are OB's within my Fib sweet zone, then YEAH!

Look at the previous Fib short, see the OB's in my Fb sweet zone?

SO many ways.....just have to focus on 1 or 2 concepts

[worthy pond]

I have been here for only about a week, I have learned a great deal. I always used the free Luxalgo indicators on TV for about a month. again, Learned a lot from them to. the problem I am having (and maybe other new people?) is what actually assists to trade. Stocks, Forex ECT. and what strategy works best with what assist. TV is limited to what you can trade and also I picked TS has my broker also limited (from what I can tell) to what you can trade. I am still in TEST PHASE of what strategy and asset I should be implementing it an. Juts a thought and my frustration.

[old crow]

• Concept, when a new ChoCh is formed, mark the Fib anchors on the structure that induced the choch.
  Then when price pulls back to my Fib sweet zone, and hopefully there are OB's inside that Fib zone, I take entry in continuation of the choch direction

• Possible TP on this set-up is the 0% Fib level (2nd anchor point)
• Yes you can also target farther TP's such as OB's, but 0% Fib level is fine with me, rinse and repeat

[old crow]

Just as I mention, take a step back, find 1 or 2 concepts that you LOVE, that you have buy-in.
Dont force your self to believe a certain concept, if you think its not good or you are suspect of it.
Learn the concept that you have full belief in, you have buy-in, then this is when it will click for you.

Hope this helps

Find something (concept) that you love and believe in, this is the key.

Find a mechanical concept, this is key in getting rid of the frustration.
Dont learn subjective concepts.....yet, that will come later as you progress.
For now, find a mechanical concept, so there is no question or no hesitation.
My Fib entry model above, is a mechanical concept.
there is not ambiguity, not subjective.
Clear cut rules.

Hope this helps a few here......

☝🏽

[limpid flax]

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

[old crow]

USD/JPY

[native jolt]

Hey Micky, can you please tell which fib toolkit to add on the chart (which draws levels automatically).

[worthy pond]

100% Micky the Stream you guys did on 8/22 opened my eyes to OB and how to use them. And because of what I did for the first 20 years of my working life the PAC makes most sense to me. Passions is not my strong suit.

*patience

[old crow]

The 71-79% Fb sweet spot is pretty deep, and sometimes, or maybe most, price doesnt pullback that far into the structure, and I missed the move, thats ok. Because if price does hit my Fib sweet spot somewhere 71-95%, and if it still keeps going, the SL is just the 1st anchor (100%) level near by, so small SL

[native jolt]

@old crow

[old crow]

TV fib tool

[tame socket]

Did you try 0.705 level

[old crow]

.705 or .71
All the same man, for me

[tame socket]

LOL

True

It’s ICTs Optimal Trading Entry level

[old crow]

To be honest, this is the Premium and Discount concept, I am really looking for anything within the 50% Equilibrium zone on either side

[tame socket]

Excellent

I always use 0 1 and 0.5

[old crow]

I dont know Mr Ict, I know me

[tame socket]

For my entries

[old crow]

LOLLLLLLLLLL

[tame socket]

Say fvg is huge or multiple fvgs

I draw those levels

If I’m longing I’ll wait for price to enter into discount so below 0.5

Helps keep my size small

Risk *

[tame socket]

LOLLLLL

have you heard of OCT

Outer circle trader

[old crow]

If there is anything inside my fib sweet zones or the Prem/Disc zone for continuation entry, such as OB's or FVG;s, then the more validation for me

[old crow]

No clue
Does he know me?

[tame socket]

LIT

[tame socket]

LOLLL

[old crow]

This concept is nothing new, its an old tried and true fib entry model used for years and years

[tame socket]

I’m bloated help

[tame socket]

I think instead of teaching levels

We should teach how to draw the fins

Fbs

Many people use wrong swings

[old crow]

For me, where to draw and anchor Fib levels is very VERY subjective.
So I use a structure change for my Fib anchor points, now I just made this concept a mechanical model.
No confusion, no hesitation.
Clear cut where to draw the Fib anchor points

[tame socket]

Exactly

To overcome subjectivity

I used to use daily fibs

Crazy how profitable it was on crypto

Makes it objective

But now I use the way ICT explains

Swingsthat formed the CHOCH

[old crow]

Another simple concept
Draw your trendlines, and find some validating reasons for a direction
Maybe OB's with TL's can be that concept?

What about this

• PAC FVG's in TL's areas?
• Draw the path, if it forms, great
• If it doesnt, you move on and wat for the next set-up

Find a validating "reason" to participate

☝🏽

[old crow]

NQ Futures
Set-ups for next week for me

By drawing out your "paths," YOU are now FOCUSED on a few set-up pattens that you are attentively stalking.
This way, you are not distracted in the other 50 concepts or set-ups that are on this chart.

Gold
Maybe these paths?

USD/JPY ?

EUR/USD

DXY

[old crow]

Lets revisit this ES PAC Fib example

• I was thinking that, maybe I left a detail out that me still give hesitation for some members.
• Overall this concept is mechanical, and that is my purpose
• I need to further explain, on how and when to draw the Fib bracket after a choch (or bos)
• Some maybe be confused as to when
• Ok after the PAC prints a choch or bos, you wait for the retracement
• Then wait for the PAC to print the fractals, HH, LL, LH and HL
• This is when you draw the Fib bracket
  Hope this helps 🙏🏽

• If my entry in the 71-79% Fib Zone is too far away from anchor pt #1 (100% Fib level) in terms of ticks or pips, then I back off, then its just too much SL for my stomach to bear.

[old crow]

GOLD
Here is the past action on 4H Gold for this PAC FIB concept.

• Hope the notes make sense
• 1 Fib bracket trade (far left on chart) success, then no trades, then the current choch still in play.

[elfin marsh]

Why is my trading view 10 minutes behind?

[old crow]

I wait for the PAC to print the internal points for my Fib anchor points.
if price keeps pumping and dumping without a PAC structure print, then market is moving too fast, no entries.

• Those are the rules to keep me safe
• I may get 1-3 set ups a week

• and I let the other set-ups, concepts and moves go by

[old crow]

Depends on what broker feed you are choosing for the symbol, and what asset class you are viewing.
Some asset classes you need a live broker account feed connection for real time, or you can subscribe to live data with TV subscriptions....

[elfin marsh]

What do you mean broker feed I’m trying to look at ES

[old crow]

what TV plan do you have?

https://www.tradingview.com/gopro/#compare

[elfin marsh]

I got it figured out thanks

[elfin marsh]

What are these signals mean the little one with nothing on it?

[old crow]

You have multiple indictors enabled, can you let me know which indicator is this from?

[elfin marsh]

I believe it’s from signals and overlays

From reversal signals actually

[old crow]

I dont think so. What indicator do you have on? can you find out for me please?

oh the reversals?

Read more here about it:
https://www.tradingview.com/script/qTWl7ZOy-Reversal-Signals-LuxAlgo/

[elfin marsh]

Yea so I’m wondering what the top red on the left signal means

[old crow]

Completed bearish momentum

[elfin marsh]

Ok thanks

[old crow]

Just read the TV detail page thoroughly, and then go to settings and enable and disable each feature in the style settings to know which one is which....

[obtuse shore]

Hello, how many time for have access to the premium script on tradingview ?

[gritty kite]

For as long as your subscription to LuxAlgo is valid

[old crow]

As long as you provided your correct TradingView user name correctly during the sign-up process, your access to the Premium indicators should be instant. Try restarting your TV and look in your Invite-Only script tab.

DXY

ES Futures

NQ

BTC

ETH

LTC

EUR/USD

GOLD XAU

Bank Nifty

4H ES current structure

[craggy briar]

With this strategy we trade from order block to order block?

[old crow]

For this actual image I posted, it is different from the 4H OB strat I posted in the #1137449177249488968 message and different from what I have discussed in the live streams. For those, yes, OB to OB can be your TP levels.

[craggy briar]

Gotcha thanks. Hey for some reason I don’t see when the lives streams start what is the schedule for them?

[old crow]

For the recent images I have posted today, the PAC Fib level entry concept, I may post in the Pro-Strategy forum. Still thinking about it....

[old crow]

At the moment, we plan to have 1 or 2 live streams weekly, not on any schedule yet.
But for the most part, these occur on Tuesdays around NY lunch time, and possibly a 2nd stream later in the week.

[craggy briar]

Gotcha thanks bro

[old crow]

But you can watch the recordings here, they will always be posted in the YouTube after the live stream:

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

[fathom estuary]

Is there any way to trigger an alert for Squeeze in Signals and Overlays indicator? I tried finding it but couldn't find it. I also want it for Lux Volatality.
What I have observed is that when trading in options, high Lux Volatility and Lower Squeeze (Below 10) works best for scalping.

[old crow]

Currently, there are no dashboard alerts at the moment. You can suggest this here #🔍feature-requests

[craggy briar]

Thanks. Also is there video breakdown of the oscillator matrix

[candid salmon]

Lux released a video when it first came out. You can find more details here: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator-premium/

[iron ridge]

Btc next move??

[radiant ermine]

I hope you're all having a fantastic day! I'm currently facing a bit of a head-scratcher and could really use your expertise. Whenever I attempt to open a strategy in NinjaTrader, I'm greeted with a puzzling message that reads, "the secured image was created using a trial version of agiledotnet." I'm stumped as to why this is happening and how I can overcome it. who can help?

[little flint]

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

did you ask him? ☝️

[old crow]

https://youtu.be/ujisD2JieZA?si=QH8UNLQ3FyKLRxcf

[old crow]

Have you tried NT support? I’m not sure as it been years since I opened my NT

[native jolt]

Can someone please tell...Did I draw the fib anchor correctly?

[old crow]

For me, based on this screenshot, this one is tough to bracket the fibs as you have a nice size gap right before the choch formed. So im not sure if this is a legit set-up for drawing up a fib on any strategy. I would be watching the matrix on this one to be honest. Just an opinion

[native jolt]

Ok thanks

[sterile cosmos]

🌅

[old crow]

https://www.tradingview.com/economic-calendar/

[old crow]

GOOD NY Morning

https://tenor.com/view/new-york-city-nyc-new-york-greys-anatomy-gif-23882920

[old crow]

What is everyone stalking today?

🤷🏻‍♂️

[obsidian sphinx]

@old crow does the volume sentiment analyze order flow?

[old crow]

Not directly, but I would use this in combo with Matrix

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#volume-sentiment

Almost getting interesting on the ES

Filling the FVG

[old crow]

Poor Disney

https://tenor.com/view/mickey-mouse-disney-facepalm-seriously-gif-18115954

NVDA
Any thoughts here?
Trendline and Breaker Block

[ember hedge]

holy crap the S&P is flat as a $2 hooker

[hexed shale]

which kind of candle you are using? HA?

[remote oasis]

@naive blade I've heard you are also from Canada. I wanted to know which broker you are using for forex. I am currently using FXCM but I believe the spreads and commissions are too high. What do you think of Eightcap ?

[old crow]

Regular/Hollow Candlesticks

Im looking at different TP's in combination with PAC

DXY

We are just at a stand still.
So dont force it, if it's not there.

EUR/USD

[proper wing]

GM everyone. ES chart with today's level of interest:

[old crow]

Morning

[untold grotto]

Good morning everyone

[proper wing]

Good Morning. New Week, new day, and new coffee.

New Lux algo strats

[untold grotto]

Some time ago, there was a video floating around of an Indian saying "You say we buy the dip.. we buy.. IT DIP EVEN MORE!"

Kudos if anyone manages to find it, hilarious

[old crow]

oh please do tell

🤔

[cinder quest]

yup, all good.

[obsidian sphinx]

What do you have your signals setting set to

[proper wing]

Here you go:

I liked your background coloring. 😇

[proper wing]

Are you talking about Signals and overlay. You can pin point at my chart

[old crow]

Looks good

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

We need a turtle strat

[proper wing]

ES with Box-4 target achieved

[old crow]

Is this a turtle strat? I need one today

[proper wing]

Here you go. Turtle strat. so slow

[old crow]

LOL

[proper wing]

Let's go Bull

[copper gulch]

@old crow @vagrant crater @median gust can anyone here please explain to me if this order block is bearish or not? It shows 24%. THis is supposed to be a bearish OB but why does it have such a strong green block compared to red?

[old crow]

There are several ways to interpret this, based on your strat.
One could say at the time of OB formation, there were more bulls at that point in time, there by, if price revisits this level, you can say that since the bulls have participated more than bears, bulls should be should be exhausted at this level, and possibly the bears can finally take over. The OB metrics is a seprate value placed on that OB, in relation to the remaining OB's on your chart. The sum is 100%

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

[outer lintel]

Passed phase 2 overnight holding USDZAR.

2 more accounts to go.

[fleet tendon]

Isnt spread high on USDZAR?

[copper gulch]

sorry but what do you mean by the sum is 100%? the order block is 24%. Just trying to understand this

[old crow]

It means that the amount of OB's that is plotted on your chart, based on your settings, the total accumulated volume of ALL of the OB's is 100%. So each separate OB has an individual volume accumulated for that OB itself. So adding all the vol on all the OB's is the sum of 100%

[outer lintel]

Yea a little but I was confident.

[old crow]

@copper gulch You can read about the metrics here
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks/#internal-activity--metrics

[copper gulch]

thank you so much for your respond

[old crow]

Example, if you ONLY had 3 OB's, and each one is 25%, 25% and 50%. The sum is 100% total volume

@copper gulch

[copper gulch]

Let me ask you this. Which order block is more accurate? Longer time frame or shorter time frame? For example if on 15 minute chart the OB is at 20% but oi the 4 hour is at 30% which one would be more accurate representation of the block?

[outer lintel]

Any idea when the new premium indicator is coming out ?

[fleet tendon]

Ok, good job on the pass

[old crow]

I view higher TF's OBs more important to me

This is subjective though.

Depends on strat and what mutliple TF's you are watching

[copper gulch]

does it say in the lux algo order block that the longer time frame are more accurate? If an OB forms at 32% on a 15 min but there is also an OB at 22% on the 1 hr, which one would be more accurate?

[old crow]

No, you will not have a guide/chart that indicates this.
SMC and the features of PAC provide a visual interpretation of market structure.
It is up to each of us to interpret the chart for our own strategy.
PAC has many features that can be utilized for most SMC conceptual strategies, we just need to enable the features that will assist us visually for each strategy we chose to follow.

• Hope this makes sense

[old crow]

Nice

Jut hanging around
Dont get fooled

[copper gulch]

thanks for this. so just to be clear based on this chart below you can see the bearish OB

what does exactly mean if the OB is bearish but the green is stronger to red?

[carmine portal]

Based on the ESU 4HR chart what would you be looking for/anticipating for a entry

[old crow]

Again, this is up to interpretation depending on your strategy. There is no black and white guide for these features, meaning there are no buy/sell signals with PAC and SMC. But this video may help you a bit:

https://youtu.be/3nlCCSn4-4M?si=SMZgTrjyf0cEOJEv

[old crow]

For me, I hate to anticipate/guess.
I will be mentally drawing out 2-3 paths on what price could do, and Ill have my set-up entry for each of these scenarios.

Im already have a path that I am comfortable with, so I am waiting

So far, GOOSE EGG today

nada

no fill

no nothing

Almost, but not close enough

[copper gulch]

thanks. but if this is based on interpretation as you say should I completely disregard the order block metrics ?

[old crow]

This is up to you, some traders dont use it, and most traders absolutely love it

It doesnt have to be your main trigger feature, but it sure is nice to be "aware" of it.....

[copper gulch]

sure thanks for your response

one last one and I'm done

this last question and I'm dones. Ok just to confirm with what you saying the OB with Volume metrics do not show percentages based on buy and sell orders on markets, rather it is based the percentages on market structure is this correct? see this screenshot above on Platinum. How would you interpret this bearish OB with such a big green line? @old crow

[celest pasture]

I remember sawing a video who someone explain the line as fuel it’s a little analogy to interpret this Ob with this big green line you know that bull as exhausted a lot of fuel to be at this level and like Mike said it as higher chance of acting like support with lot of « fuel » left for bear 🐻. Correct me if I’m wrong

[old crow]

For me, price can ONLY do 3 things, 3 paths. It can go up, down or sideways. I am prepared to make my entry decision based on which path price will take. I wait for the set-up.

It doesnt answer your question directly, because this is how I view the charts. I cannot guess what price will do, I am not that smart. But what I can do effectively is to react to which path price does take.

[wraith wind]

What do you think of U stock technically?
on pointers

ETSY

[old crow]

Yeah, this is one way to look at this

[copper gulch]

I really appreciate you trying to answer my question but what I am trying to ascertain is the way i should put as a trader on the volume profile as percentages that Lux algo pro displays. Is it possible to see the code that determines the order block percentages? @old crow

[old crow]

Unfortunately, the code is proprietary.

[old crow]

WHOAAAAA

[copper gulch]

Sure totally understand. would it be possible for you to ask the people that coded to provide an explanation as to the relevance of the % of the blocks? @old crow

[old crow]

The developers have described the make-up of the OB features here
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks#internal-activity--metrics

[copper gulch]

I just joined 2 weeks ago and I'm trying to get a thorough understanding of these charts. That's all . Thanks a lot for this Mick.

[wraith wind]

It's my first session to use paid pointers
What is this indicator

[old crow]

@wraith wind What happened to ETSY?

[old crow]

LuxAlgo Signals & Overlays

Oscillator Matrix

[lunar finch]

$ETSY: Daily . falling wedge with Macd curling + RSI oversold

[old crow]

Going down to zero fast

This has to be a fundamental play 100%

Throw the TA out the window

Stick a fork in it

LOL

[lunar finch]

weekly chart . double bottom

[old crow]

What you could do is post your question in the #🤝support and see what they say and compare notes?

[nova ingot]

i am new to this indicator, can we see price going up from here?

[lunar finch]

if support fails, she free fall

[nova ingot]

support is this bottom red line right ?

[wraith wind]

👍

[wraith wind]

👍

[wraith wind]

👍

[lunar finch]

I don't use " pattern detection ". so I have no idea

[copper gulch]

sure will do thanks

[old crow]

Here is Daily on ETSY
Not much support left.
One support I see is zero level, we could see a bounce at $0.00

[wraith wind]

حفظ الترجمة
What do these numbers mean

[old crow]

We just chatted in detail this past hour.
You can scroll up and see if it answers your question?

@wraith wind You can start here - #💬hangout message

☝🏽

[wraith wind]

Thank you very much my friend

[old crow]

No worries, you came just in time for the OB metric chats

NVDA respecting the BreakerBlock

ES getting interesting

[worthy pond]

Whets up people. What wisdom has Micky passed on today? time to scroll and catch up!

[hoary isle]

Hello guys! I don't know if I'm in the right channel, I'm a new customer, I'm having trouble with the indicator despite AlgoLux's explanations. I'm finding it hard to be profitable. Do you have any interesting tutorials or videos on possible strategies? Thank you very much! 😉

[minor basin]

@hoary isle go to https://discord.com/channels/641770286638694402/1128499789437354106

many good strategies, with chat to discuss

[obtuse creek]

We have a youtube channel full of samples and interactive content you may enjoy and test:https://www.youtube.com/@LuxAlgo

And here we show some guides for our Premium version of LuxAlgo:
https://docs.luxalgo.com/

[proper wing]

Interesting to go up or down 🤔

[old crow]

Just waiting on the path to come to me

[proper wing]

Hmm, path. You got some magnetic path to come to you.

😂

I like it

[old crow]

You got boxes, I got paths

[old crow]

🐢

Hanging around here, nowhere to go

Its gonna bust out soon, right?
(hint hint squeeze)

☝🏽

[proper wing]

I like it hanging

[tough goblet]

https://tenor.com/view/waiting-skeleton-bored-gif-21206718

[gritty kite]

Nice one

[gritty kite]

This is how I interpret this as well

DXY and UJ are not yet aligned on the 4H chart. Looks like they are correcting

Every year after the Jackson Hole event, the indices take a major turn.

[candid sparrow]

Is Micky here?

[old crow]

hey

ES fell asleep today

[gritty kite]

Market's about to close

You know what that means

https://tenor.com/view/its-a-scientific-fact-zac-sistas-proven-by-science-scientific-truth-gif-22427544

" Micky Sticky Fact #40 "

Legend has it that he and Superman had a challenge. The loser had to wear underwear on the outside !!

All we know is that Master Trader @old crow with over two decades experience is here helping us get better! There is nothing he doesn't know

P.S: His girlfriend asked for a donation towards the local swimming pool. He gave her a glass of water"!!

[old crow]

OMG

[old crow]

Look nice right?
But todays NY action were the 3 most recent candlesticks
LOL

USD/JPY

EUR/USD

ES

NQ

GOLD XAU

BTC

Neo Cloud + Matrix Turning Points = Safety

Kept you out of the paying field on the 4H TF's

[hazy pike]

can you give setup strategy?

[old crow]

All the strategies are posted here #1128499789437354106

Try a few

There are some basic ones I posted in there with Neo Cloud or Trend Tracer/Catcher

[cloud moss]

@old crow What do you think would be better to use in 4H TF’s? The Neo Cloud or the Smart Trail?

[old crow]

Both are very good. ST a bit more reactive. You can Backtest and watch the ST formations during the Neo Cloud trend changes.

[gritty kite]

I prefer ST too 🙂

[obsidian copper]

is there a way to get notified when the candles change colour in the signals and overlays?

[gritty kite]

Hey Micky, do you see a gap in the DXY 1H candle?

[old crow]

small open gap

you get this on DXY at the next open, smal though, nothing huge

[ocean veldt]

I set an alert to be notified. When there is signal for Bullish confirmation.

Is this okay ?

Or is there any strategy you would suggest I add for more effective trading.

[gritty kite]

ok. Thanks.

It just seemed quite bearish

[old crow]

ES

NQ

[gritty kite]

👍

[old crow]

BTC

ETH

LTC

GOLD

[gritty kite]

Be interesting to see if ES hits resistance and falls

But bullish confluence and money flow. So probably not

[mortal kestrel]

@old crow can you share this setup in pro strategy brother ?

[old crow]

The charts above?

ES PAC

NQ PAC

GOLD PAC

BTC PAC

ETH PAC

[mortal kestrel]

@old crow yes sir. The setting ms brother.

[old crow]

Purple Lavender anyone?
Im torn between my light PAC and the purple PAC
LOL

[old crow]

#1141218264656134256 message Take a look here

[mortal kestrel]

@old crow thanks brother god bless you.

[devout sphinx]

Is it possible you can do a live stream on how you set up your chart like that n what your thoughts on price headed to per your chart. Here on Gold I m thinking price going higher to Equil

[old crow]

Depending on how you trade, this little bull move may be short lived, if I were to use the correlation of the DXY. On the DXY, you see the small down move today? this could had cause the little up move on gold. So if we look at the chart, the bull move on DXY has not been broken yet.

Maybe Gold will break to the upside before DXY break down for a trend change?

Thats the million dollar question.

[remote oasis]

hey @old crow I have one question for you

[old crow]

Ill try my best

[remote oasis]

I am currently with a broker registered in Canada since I live in Canada. The rules concerning margin and leverage are very strict. That makes me want to go with an offshore broker registered for example in Seychelles (Blackbull is one I consider). Is it a bad idea ?

Eightcap told me they accept canadian clients. I tried creating a demo account on mt5 with them and when I changed the leverage, they novated my account to a third party. It is a bit scary lol

My main goal is to trade forex

[old crow]

To be honest, I cant recommend or endorse anyone to skirt the rules of their country of residence, because I dont the know repercussions etc, and its tough choosing an offshore, as some are shady players in the space. Im in USA and I had thoughts about going offshore as well, to day trade crypto, but I did it a little bit, but then withdrew and closed my account, not worth the stress for me. So in the end, if I wanted to day trade crypto, I can do that legit by trading crypto futures with Tradestation. I know this doesnt help you, but just my thoughts

PS. strict rules on leverage can be your saving grace, think about it. Maybe this will force you and place hurdles on you, so you dont get rekt?

[remote oasis]

Yeah.. that'd be wise

[old crow]

I hear a few of the offshores business address is at this location on an island somewhere

Google earth some of these offshore addresses, you'd be surprised

[remote oasis]

Even crypto you consider it wrong ?

[old crow]

depends on your country. For me in states, we cant day trade crypto legit. But we can day trade crypto futures legit. This I would do of course, and may start soon since I have a Tradestation account

[remote oasis]

I see. Here in Canada, only Ontario is forbidden

[old crow]

Hmmm, wow, parts of CAN you can or cannot, I learn something everyday

[remote oasis]

hahaha

but it is right that the location of those brokers looks not legit

i might give a second thought about crypto

[hidden moss]

Any chance to get an alert on candle colour change?

I don`t seem to find it...

[true robin]

I believe its this alert right here. Youll have to double check which number you use for either a red or green candle color change

[hidden moss]

ok, tx, I try.

[old crow]

There is green to purple to red (I think). Do a search, I now Logan helped a few with candle color alerts in the past

[old crow]

#💱forex-chat message

[hidden moss]

Ok, thanks.

[old crow]

I think here is where he chats about the candle color alert, just scroll up or down from this post

#💱forex-chat message

[hidden moss]

Thanks, Micky, it`s working, alert just fired on candle colour change!!! Great!!!

[old crow]

ES

DXY

BTC

EUR/USD

GBP/USD

[gritty kite]

Goodnight Micky. Chat soon!

[junior mulch]

how to put alert for bullish and bearish signal with smart trail should be in the direction of the signal

[young sand]

@junior mulch has earned the Lux Level 1 role!

sam241120 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

[junior mulch]

do i need to put custom alert for this

Any one please guide

[gritty kite]

You should probably set up two different alerts to achieve what you want. The first one is to click all alerts you want in "any alert function" in Signal and Overlays indicator and switch it on in "Alerts" of tradingview.

The second one is to set up for Smart Trail in the Alerts which looks like this

Set it up to Once Per Bar Close because it will alert you to confirmed signals only

Also look at this document on how to set alerts 👇
https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview

[candid salmon]

To add to what Ashdays has mentioned, you can use the Custom Alert Creator section in Lux Signals and Overlays to combine conditions for your alert. Like what you have asked for, confirmation + smart trail combined in the same direction. You can do this by setting up 2 alerts with the bullish confirmation + smart trail up; and bearish confirmation + smart trail down.

[junior mulch]

Thank you @gritty kite @candid salmon

[obsidian copper]

ive been backtesting your strategy

[manic ingot]

Hi guys

Can someone guide to the best 0DTE strategy/ indicator for trading $SPX

[candid salmon]

Have a look in this channel: https://discord.com/channels/641770286638694402/1128499789437354106 I recall seeing a couple of strategies there for that. Don't hesitate to ask in the strat chat too, the strategy poster would usually help out.

[obsidian copper]

how can we get notified when candles turn purple? is that possible too?

[candid salmon]

Yes, the regular confirmation signals are usually sufficient for that. Bullish confirmation = red to bullish purple; bearish confirmation = green to bearish purple. I add the bearish/bullish variations to the candle color because you can see this in the gradient color combos. You will not get a confirmation though when it's red to bearish purple and green to bullish purple. Hopefully that makes sense. Just try to observe for yourself to see if it suits your purposes.

Be aware that the colors of the candles are dependent on the set Sensitivity.

[obsidian copper]

so theres two different types of purple even though it's the same colour?

[candid salmon]

I think so - I have noticed this when I use the gradient color combos, and the fact that all transitions to purple do not necessarily trigger a confirmation signal.

[obsidian copper]

i am using the simple colours. Have activate dthem now see how they pop up

Shame we cant show messages using all alerts function

[candid salmon]

Yeah, that has been requested a lot of times. Problem is that the alert needs to return a message depending on the triggered event. Try to see though if you can use the JSON message, it may suit.

[obsidian copper]

do webhooks still work? i can create four signal indicators to create an alert for each confirmation using the webhook

So i can automate my strategy

[candid salmon]

I am not sure I understand the question. Webhooks always work. The processing on the other end of the webhook though would dictate if you would be able to use it or no.

[obsidian copper]

the software i use to receive webhooks, It sends a message to my personal telegram saying whether to buy or sell and the signal copier opens an order. 😃

[candid salmon]

If you are using tradingview.to or pineconnector or similar, unfortunately the JSON message cannot be processed by that. You would need to key in a specific message per buy or sell alert. If you had your own platform though, you could code the processing yourself.

[obsidian copper]

what is Json?

[candid salmon]

Javascript Object Notation: A standard for data exchange using text.

[obsidian copper]

The Bearish confirmations don't fire an alert for some reason

Or do i have to create a new alert everytime i modify the alerts i want?

[candid salmon]

When you create an alert, it is based on the indicators settings of your chart at that time. If you modify your chart and/or indicator, your alert is NOT updated.

[obsidian copper]

So for every modification create a new alert

[old crow]

M O R N I N G

[old crow]

https://www.tradingview.com/economic-calendar/

Looks like we will get some movement today

[obsidian copper]

trading nas today fingers crossed

[obsidian copper]

that btc drop was nice!

[obsidian copper]

currently in a sell

[old crow]

Nice, but not nice for my Ledger 😭

[obsidian copper]

how come?

currently 18 pips in profit

[old crow]

how come? bag holding my collection when i collected a few years ago, hahahahahaha

kinda like Pokemon at the time, gotta collect 'em all

[obsidian copper]

im not following lol

[old crow]

https://tenor.com/view/squirtle-pikachu-pokemon-dancing-happy-gif-15646320

[old crow]

meaning i have crypto balance from a few years ago at a higher price, and now its at a lower price in my Ledger account

[obsidian copper]

ooooh. yea that sucks

[old crow]

See this weekly BTC chart, this is where I started collecting just like everyone else

[obsidian copper]

if we create a custom alert for signal, any bullish confirmation that is the same thing as any alert right?

[sterile cosmos]

🌅

[old crow]

DOGE on default settings

[old crow]

https://www.tradingview.com/economic-calendar/

30 minutes

[obsidian copper]

im in nas buys now 😂

[candid salmon]

If you are asking what Any bullish confirmation means, it can be either normal bullish confirmation or strong bullish confirmation.

[proper wing]

GM everyone. ES chart with today's level:

[copper gulch]

Hi guys is Lux building another new premium indicator ?

[obsidian copper]

LETS GO TEAM. who else made money on the news!?

£125 in 30 mins

[old crow]

About face with the market.

Here we go

[obsidian copper]

but it still tells you if the candles hav echanged colour right?

[proper wing]

@old crow Strong OB near current price action.

[candid salmon]

Any signal confirmation equals a change in candle color.

[old crow]

What you gonna do?

[copper gulch]

@old crow is Lux building a new premium indicator ?

[old crow]

Stay tune, I assume they will be pushing new updates in the future and you never know holiday season around the corner

[copper gulch]

Ok sure thanks. So at this point no announcement of a new premium indicator to be coming soon! Just possibly new updates on PAC right?

[old crow]

I am really not sure as I am waiting for all new updates just like you and everyone else. And I am very happy with the current versions we have now.

I wish I had the inside scoop but unfortunately I am waiting for presents as well

[proper wing]

wait for my Box to hit. 😇

[ember hedge]

S&P this looks like a reversal to me???

[old crow]

Who was lucky enough to grab this one few hours go?

[ember hedge]

I grabbed this on ES

[old crow]

nice

ALL Default settings here

ES

[devout sphinx]

Any Gold or oil traders here lol

[ember hedge]

Still not Reversing on ES To me it looks like the matrix would indicate that it should reverse

[hidden moss]

Almost 300 pips in one go, news helped! Craz-e-e-e!

Nasdaq!

[proper wing]

Can we get 4500 ES

[little flint]

we're getting it son

[mortal kestrel]

Hello everyone can someone please suggest me a strategy works best on crypto?

[young sand]

@mortal kestrel has earned the Lux Level 1 role!

ashu5213 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

[gray lake]

What is the best broker to use when futures trading stocks. I only have traded leverage in crypto.

[little flint]

wasn't next to it but we got there

[elfin marsh]

Looks like ES may reverse soon what do you guys see?

[mystic granite]

I ve a question ….. for @old crow or anybody who knows. Is it possible to do a down to up strategy. I find good convergences (at least back testing on replay mode) for example taking signal in the 15 min and go to the 4 hour time frame for confirmation. But not looking just the trend but even the candle formation. For example this is Ai. On the 15 min time frame created a Choch and looking up to the 4 hour time frame I had a bullish engulfing candle that gave me confirmation to take the trade.

Now my question is ….. since I did on replay mode starting from the lower time frame (not from the higher) …. That bullish engulfing candle was there already ? Or am missing something?

Just asking because when I go vicerversa (4 hour to 15 min) when the engulfing candle creates and I switch to 15 min . I m far on on the trade

[ember hedge]

Ive been thinking its going to reverse all day

[worthy pond]

@old crow when you have a free moment, The FIB info would help me since it kind of went over my head. Thank you.

[vapid sequoia]

I’d suggest you Pepperstone

[proper wing]

We past that. If it clears 4502-4506 area we may see more upside

[gray lake]

Thanks never heard of them.

[old crow]

#💬hangout message
#💬hangout message
Here are some chat post strings from the other day when I cahtted about this a bit

[old crow]

Interesting, Ill have to think about this a bit more and see what your seeing, as I will have to change my head a bit on this one...

ES
Getting my interest here, with this OB above.
BUT, its end of day, so maybe something to watch for rest of week

BTC
On the contrary, I dont see any level near with BTC now, so after this pump, I will sit and watch the show for the time being

ETH
Same story here

[little flint]

doubt that'll happen tonight

[gleaming spoke]

I gotta give a huge shout out to Lux programmers, I’m officially a funded trader, couldn’t make it with out the indicators. Thanks lux!! Thanks @old crow too

[old crow]

Awesome to hear

[old crow]

I may put this in ProStrat. Not sure yet

[obsidian copper]

we need to make the pro strat section only for backtested strategies with winning proof and make another section for not tested strategies

[worthy pond]

@old crow I liked form the live stream when you guys were talked about setting up alerts based on BOS and CoC, but still bit confused and how to setup multiple alerts like he did and how save so it can implemented quickly an different assists.

[proper wing]

Are we there yet ?