Unless u like the macd
#💬hangout
frosty bough
versed oasis
What would you use the macd for if you have moving averages already
empty solar
You use lux oscillator ❤️
frosty bough
Works well in many time lines but in strong trends can give false signal. Use it in confluence with a key s/r area, pivot point works very well.
versed oasis
You talking about macd bro?
frosty bough
I'm talking about malxben indicator with the macd overlayed on the rsi and the 2 ma's
versed oasis
Oh okay i understand
frosty bough
It's easier to just use that then overlay 3 of them
frosty bough
Haven't tested it yet but if it do just make sure to see the exact price as the ha candles hide the actual price
Lowest I've gone is 15mins
versed oasis
You recommend using normal candles with lux candle optimisation
frosty bough
I just got lux this we'd so I'm still testing everything . So far I'm not liking the optimization though . Normal candles seem to give way to many bad signals.
versed oasis
I think you have to increase sensitivity
frosty bough
Possibly. I had a very good day wed in forex just using their standard settings just trend trading .
empty solar
The band is cool
New people who see it just assume it's MAs or EMAs 💔
And they are mean to our band 😦
frosty bough
Is it not supposed to show trend direction ? At first I thought it was more similar to an ichimoku cloud
novel ore
@versed oasis macd shows me volume
empty solar
@frosty bough Yeah it's for trend direction and yeah it was built with ichi in mind
frosty bough
Grey candles being neutral?@empty solar
vocal carbon
can anyone explain for me about @hidden moss's strategy? all the hype from his youtube vid and couldn't be able to watch it 😦
warped topaz
😦 yeah same! I had it saved to take notes when I found it but it was down by the time I revisited
frosty bough
The support and resistance lines I really like. Helps visualize the s/r areas automatically took the long on this and just took the short before the close
@vocal carbon where is his Youtube video?
vocal carbon
it got deleted. but lots of people in here have watched it and recommended it
frosty bough
Who?
vocal carbon
scroll up and you will see what i meant
frosty bough
@hidden moss apparently you have a famous video everyone keeps talking about. Care to share?
👍
dire trail
What setting do you guys use to scalp ?
vagrant meadow
Default on the 15min worked well with supporting indicators. Currently trying to build a new template
novel ore
thin trail
🔥
dire trail
💯
frosty bough
@novel ore what are your settings for lux?
novel ore
frosty bough
@novel ore 👍
broken sentinel
Do any of ya’ll work at Adidas?
dense palm
Do you guys trade the breakouts of the support and resistance levels or should you wait for a retest for more confirmation?
versed oasis
Retest because it could turn out to be a fakeout
opaque rapids
It depends
If u scalp futures u can prolly set an order to scalp 1-5 points quickly if a breakout happens at that level
dense palm
Gotcha Thank you @opaque rapids
Thats what I do when I scalp options
But with Forex I will usually wait for a retest 👍
versed oasis
Does anyone know how to change the colour of the candles on MT4 app
eager fossil
Yeh it’s in the settings
dense palm
@versed oasis settings tab ➡️ charts➡️ colors
storm mango
With the RSI and the 2 moving averages... do we have the MAs use the RSI data or the price data?
Because if price data is used the signal changes as you move the chart. It basically repainted
storm mango
@novel ore
versed oasis
Yeah you only use the rsi to determine overbought/oversold for the MAs im assuminh
storm mango
Hmm based on the charts above. It shows the MA data coming from price. Otherwise the MA lines would be very close to the RSI
Also I see in MT4 it shows the MA set to “close” vs “first indicators data” which means its following price
It shows MA 2 level as what price it’s at vs what point it’s at on the RSI
versed oasis
I just pay attention to where its at on the rsi indicator
And whether were at a Support resistance zone
And the trend
storm mango
Ok just at that current moment? Because it may show it as oversold but then a few candles later show that same spot in the middle of the rsi. Since the MAs are not fixed to the RSI scale
versed oasis
I wait for the rsi to hit 70/30 then i wait for the MA to hit 10/90
Such as this on the left
Rsi 30 has been hit and ma touched 10
muted ivy
Any particular timeframe for this strategy?
versed oasis
I also make sure i check where price is at such as a chart pattern of course
But i have only found this two days ago
So still practicing
chrome trail
new user. Can trading view be configured to play a sound for the buy/sell/strong signals?
mint crest
Yes. It ll a sound @chrome trail
hidden moss
Can anyone please help me out? Want to add the macd to rsi on Tradingview, but won’t get the numbers on the right window set to 0.00 - 100.00, mine shows everytime the numbers of macd alone
No difference if I start with macd & add rsi, or if I start with RSI & add macd
storm mango
@novel ore any insight on how you trade with the MAs repainting signals?
last glade
Hey What exactly do you wait for before entering the trade ? @novel ore do you wait for the rsi first or the macd first
pearl zodiac
Is anyone gonna Gamble earnings on Tesla or amazon ?
dense palm
Do you guys have a certain strategy you like to use with the algo for forex? Right now i'm just trading break and retest with fibonacci. 😀
mossy plank
Iam not sure
unreal remnant
Us took a drop
stone bay
I have no clue honestly
frosty bough
@stone bay I'm watching. Not too big yet . Only 10$
stone bay
Yea same. I’m waiting for 26.515 area and I’m cashing out
stone bay
I was debating to take profit at 515 or 475 and it dropped to 475 literally when I closed at 515
Oh well lol
gloomy summit
For all indices on MT4 only 1lot can go
versed oasis
That is very high then wow
stone bay
I do a 0.02 lot size though
versed oasis
How did @stone bay do it the testimonial was on mt4
versed oasis
3-4k and it shows 1.00 has to be my min
gleaming gale
I think the stream is frozen
heady sphinx
Why don’t I hear my notifications from trading view? I’m using the app, but I missed signals cause I didn’t get the notification 🤦🏾♂️
signal pendant
hi all 🙂
ancient widget
hello there 🙂
red ocean
Hello
calm dust
👍
I've been struggling with sideways trades on the 5m BTC-USDT chart. At least I'm not losing much, if any, but the commissions are making it a net negative
I've moved over to the 30m chart on BTCUP-USDT, a 3x leveraged pair. We'll see how this one works!
It seems like most of you are forex, how are you making money when the price only oscillates .1%?
hidden moss
spreads are much lower than for cryptos and with enough leverage you can win (and lose) a decent amount
calm dust
My goal is to try and find a way to get to 1% per every 24h... Crypto trades 24/7, so I think it's possible...just need to find a pair that moves enough & gives clear signaling to Lux
Interesting
So it's all scalping, then? 10 trades a day for 0.1% each?
calm dust
Ok so that's like a 1.2%, nice
hidden moss
so, 1% per day is possible, but not every day. and there will be losing days as well. as long as i am up 2% per week, i am more than happy
calm dust
I have Lux tied to my Binance account doing automated trades 24/7 as a test. I only put $40 in Binance for now in case the script goes crazy
It's been bouncing between $37 and $39, I had my scripts wrong at first
hidden moss
you just have to find settings that give enough signals to trade, but also filter out some noise in a choppy day.
i don't think that fully automated trading will work in the long run.
i skip some signals if the rest of the picture doesn't fit the signal
calm dust
Yeah I've been using other indicators to stop trades when things are going sideways (TTM Squeeze)
hidden moss
on your chart for example, i wouldn't have taken 4 of the 5 signals on the right side, as i don't trade during night hours
pearl zodiac
Does anyone know how to make stocks with larger price movement not delayed because sometimes it’s $5-$10 off on trading view
pearl zodiac
If not I can still work with it
empty solar
If you like normal candles just play around with the settings to tune it 🙂
calm dust
But need to fine-tune the extra indicators and then combine them with Lux, then make my own signals...haven't figured that out yet
I'm using heikin ashi, I'm just on mobile at the moment
hidden moss
i think about doing some livestreams of my trading sessions, are there ppl in here who are interested?
@empty solar: is it ok, that i stream with the Lux Algo on the chart? and can i post the link to my channel in here?
empty solar
@hidden moss Yep absolutely, just of course give some credit but we promote creativity 🙂👌
hidden moss
@@empty solar awesome, thank you. and ofc i will put a link to luxalgo in the description and promote it during the stream :)
empty solar
Sounds good, looking forward to watching them 🙂☺️
calm dust
I'm also trying to ride both sides, based on signaling from BTCUP-USDT. (When I sell BTCUP, I'm buying BTCDOWN-USDT, and vice versa)
velvet brook
@thin trail @empty solar gotta love the new version guys
well done
just updated today
lets make some money
waxen lake
ok
cloud mesa
@thin trail
granite idol
?
thin trail
yes @cloud mesa
vagrant meadow
@pearl zodiac do you have real time data? TradingView offers it on a monthly subscription per market. If you’re in the US I think all our markets are $2/mo. Before I added it long time ago I had that problem too
thin trail
!data
frank geodeBOT
Can I see everything in real-time data on TradingView? https://luxalgo.com/apps/help-center#!hc-can-i-see-everything-in-real-time-data
calm dust
towards the bottom of the page
I've had a few people ask me about how I've connected Lux buy/sell flags to autotrade on Binance
They're TradingView alerts with code in the comments section, using a Chrome extension called Autoview making trades on Binance with a Binance API key I generated under my account.
Almost everything about Autoview is confusing. The best advice I have is to install the extension, click on the icon and go to 'settings'. From there, it can walk you through configuring a connection to your TradingView and your Exchange. Robinhood is not yet supported.
It supports a lot of crypto exchanges, but the only non-crypto one I see is Oanda
use at your own risk...you're literally making your trades out of control...
I'm testing this with USD $37 I had left over in my Binance account, for example
sudden mesa
does anyone use Lux signals for options trading? can you help in how you select options and expiry??
What TF do you use for options trading?
hidden moss
alright guys, my channel is ready.
https://www.youtube.com/channel/UCvQEK3FBSjZ5VU9ZnNgpq9g
tomorrow in the morning i have some stuff do do, will start a live session at about 1 p. m. UTC time
would enjoy it a lot if a few of you guys would join 😘
hidden moss
😀 come to the dark side technocrat
hidden moss
Who got a good 15 Minute scalping strategy?
calm dust
for what market
I've been trying to run 5m on btcusdt
but 15m works ok
I just went to a leveraged btcup-usdt pair on a 30m
hidden moss
Forex crypto
Which setup are you using?
for forex watch my stream tomorrow 🎉
crypto technocrate might have some advice for you
unreal remnant
anyone know good time to sell us 30
calm dust
@hidden moss here's what I've been working on:
"#1: Always listen to Lux. #2: only listen to the 2x ATR buy/sell signals when in a squeeze (the TTM Squeeze chart on the bottom will show green crosses on the zero line)"
The 2EMA chart is just there at the moment to make me feel better, I'm not quite sure how to use it as part of this
calm dust
"TT's money machine"
currently semi-working
but not quite good enough for me to use it for anything but testing yet
sinful adder
Dose anyone use Nadex with the trading software?? Say for example trading Forex
hasty trout
anyone out there using Lux for futures trading? im new and trying to fine tune. i gained some then lost some. i know its cuz of me making the wrong moves and not lux.
stray light
I day trade futures but use the algo more for confirmation of the position I take
hasty trout
what time frame is best? 5m or longer? or shorter?
also is oscillator useful only for trend reversals? using that with equalizer band would make more sense? if still in bullish trend and holding above equalizer band, dont really need to look at the oscillator?
thin trail
!oscillator
frank geodeBOT
Lux Oscillator Documentation: https://luxalgo.com/apps/help-center#!hc-lux-oscillator-tutorial
thin trail
It's great to use for spotting trends, divergences, and using in confluence with Lux signals
hasty trout
ok thanks
calm dust
does anyone know how to make a strategy in TradingView that uses indicators? Like if I wanted to have a Strategy alert that says:
If Lux Algo signals"Buy" OR "Strong Buy" AND
Lux Oscillator Plot0 > Plot1 AND
Lux Volatility LV < .80 THEN
Alert 'But it, dude!'
calm dust
Pine, I assume
I'm not afraid of code, but I've never coded Pine or TradingView, so I have no idea where to start
calm dust
any leads on some good coding tutorials?
dull stag
I would like to know from Algo users, what time frames are you using in Forex and why?
I am between 15 and 30 minutes, but like more 30 minutes as signals are more clean.....
dense palm
Yea me too @dull stag I have been using the 30 minute for entries and the trend has to be the same on the 4 hour 👍
But what I did notice today is that if price is way above the equalizer band, and looks overextended it could completely reverse
hidden moss
FOREX or STOCKS, and why?
stone bay
Lol well that sounded very demanding
dense palm
@hidden moss Thats what I do for Forex. 4hr for overall trend, then 30 min for fib entry. Draw from low to high, or from pullbacks, enter at the .5 or .618 fib lvl (golden zone), Price must be above the equalizer band for longs, and vise versa, and making higher highs, higher lows, and vise versa.
Hope that helps
For stocks I like to trade options and will scalp, mostly just tape reading
marsh topaz
Anyone else find it annoying making nice profit testing things paper trading as it’s not in the real account 😂👊🏻
shy yacht
Is hugosway a reliable brokerage
vagrant meadow
@shy yacht I’ve personally never used them as I don’t trade forex, but I’ve got two buddies that use them. They both like Hugosway. Only one major issue in 2ish years
odd moat
@empty solar is it possible to add an option of a time period to receive signals? Like if I only wanted to see signals from 8am-2pm?
frozen oasis
morning all 🙂
magic bay
Morning all
hidden moss
Morning all
frozen oasis
damn, yesterday I took eur/chf instead of gbp/chf ( miss click in MT5 mobile ) :'(. I failed a good trade & eur/chf seems to reverse now 😢
hidden moss
grrrrr, stream stopped working and i have no idea how to fix it. will post here as soon as i got it running again
fixed it
empty solar
I see it
hidden moss
bad day for the first stream, market isn't moving much and when it does it is choppy
empty solar
Yeah not the cleanest time to trade for sure
novel ore
Anyone do stock options
frozen oasis
@novel ore sometimes in some common US stocksthat's good for swing trading
rose stag
Did anyone catch that US30 1k pip profit?
frozen oasis
nop. And EURAUD, short 160 pip today
calm dust
made ~10% over the last 48 hours typing Lux directly to my Binance account...!
This helped:
5%+ overnight
going to bump my $40 test account to $1000 and see is it continues
soft locust
Damn where’s the volume today
astral kelp
All thanks to this new lux strategy I worked on
thin trail
good shit ! @astral kelp 🔥🔥
astral kelp
Its been consistent for about a week now. Want to keep pushing it until it doesn't work.
versed oasis
Whata your strategy bro? @astral kelp
stone bay
I get a discount 😂
thin trail
gusty turret
Hey guys, sooooo by the time we see this 2 hours or 4 hours notification about a strong sell sign, doea that mean it is over already?
Ofc based on its time that it pops in discord
thin trail
we’re still in the process of updating these to new v2.5! defaults
that means there was a signals on the 2H timeframe or 4H timeframe
cedar pawn
When is the new version coming out?
frank geodeBOT
To update Lux Algo V2, refresh your browser / screen and remove it and add it back to your chart.
Read more here: https://luxalgo.com/apps/help-center#!hc-how-do-i-update-my-scripts
thin trail
however, the discord alerts specifically are around halfway updated
rushing to get these fully updated today/tomorrow
gusty turret
Yes yes but signals are after the 2 hour candle finishes right?
Sooo that means that the sell sign is done already in the past 2 hours if we talking about 2 hours
frank geodeBOT
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
opaque rapids
anyone trades 3minute charts? would like to have ur input on ur settings
calm dust
I tried a lot of settings and additional indicators on 5m BTC-USDT, and it was just too noisy. A lot of trades made where the profit was a few cents, and I've had a hard time getting the settings turned low enough on a 5m where the trades appear in the same place as default settings on a 30m
(the idea of doing this was that the signals would come sooner than after a 30m candle)
hidden moss
@calm dust i had the same troubles today, even on a 15 m chart. tomorrow i will switch to 30m, in the backtesting it took out a lot of noise, especially on choppy days.
it gives less signals, as well as a little later than on the lower timeframes, but they were more reliable
opaque rapids
anyone have good settings for ES futures
@hasty trout same i'd like to know too.
every move i make it goes opposite
@hasty trout same
livid spindle
@opaque rapids default settings
calm dust
@hidden moss share your chart, happy to check it out. Here's where I'm at as of today: https://www.tradingview.com/chart/rusgcdXr/
('make a copy' to mess with it / look at other stuff)
hidden moss
hm... on the mobile phone i have no idea how to share it. make a copy gives me something that has nothing to do with my setup
calm dust
no prob, it's right here if you want me to take a look
calm dust
yep!
I just had to drop the de. 😉
so I can read what it says haha
you're using 3.8-1.74-20
see what you think about 5.75-2.00-25
The sells are a little slow still, but I think it does the buys faster
So I did something a little weird - I added Lux twice, set one to indicate buys and one to indicate sells
one is 4.3-2-20, the other is 5-2.05-20
and that changes your chart from this
to this
a little more noise, but...
calm dust
click the link above, I've messed with it a little more
prime edge
@calm dust nice looks more trades to
calm dust
that's the first time I've tried adding Lux twice, and tuning one for buys / one for sells
Seems to work OK. I've put a suggestion in on #🔍feature-requests
vagrant meadow
@calm dust whenever I click the link it gives me the “study not authorized” error... I assume to the two screenshots below are the same as the link thought? EURUSD 30min?
oak gazelle
Hi All... Who do forex trading in OANDA here?
calm dust
@vagrant meadow not sure - you definitely have to have a Lux subscription, but I don't think that's your issue
vagrant meadow
Did you have the equalizer band enabled on the 2nd screenshot?
hasty trout
@calm dust i see more signals - red sell and orange. blue buy and green buy
calm dust
Yep. I use blue for buy and orange for sell when I have 2 indicators on the same chart using signals, so I know what signals are coming from where
I don't recall, I was just messing with the signals
But it would be interesting to see if the eq bands were the same. Change one to Yellow and see, I'm on mobile atm
hasty trout
I turned on equalizer band on the other one and they are different
thin trail
signals appear at the same place with and without equalizer band
although enabling / disabling affects strong signals
surreal pulsar
How does it affects the strong signals?
thin trail
when enabled, signals require a little extra confirmation to be considered strong
the EB is all about adding extra confirmation
!eb
frank geodeBOT
Read all about it here: https://luxalgo.com/apps/help-center#!hc-using-the-equalizer-band-1
hasty trout
how come my charts dont match 100% between trading view and ameritrade
i have real time data
nvm im dumb. had wrong timeframe on one
rain garden
Hey, guys got 2 adjacent strongs here, is there any way to avoid such signals and make it more reliable.
thin trail
waiting for clean holds above or below the equalizer band especially on low timeframes like this is key for avoiding false signals
!eb
frank geodeBOT
Read all about it here: https://luxalgo.com/apps/help-center#!hc-using-the-equalizer-band-1
rain garden
Thanks will check out.
shrewd nova
Use Lux and combine with a strategy
Dont go based on the buy and sell all the time
thin trail
!risk
frank geodeBOT
To learn more about Entries & Risk Management with Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-entries-risk-management
thin trail
^ yes also this is a great article that can help with specifics on entries
raw jay
when a strong signal appears, is it more safe to wait for the candle to close?
marsh topaz
How’s this run, recent profit on ger30, us30, oil and wisetech global shares. Then on the paper trading..
Lux signals and oscillator definitely help with entry and exits as well as upping the % of getting the trade right
..this was only last few days too 😂😂😂
Paper trading second so testing and playing a little not super strict
frozen oasis
@raw jay I notice with the new version that the strong signal is dynamic and can become a buy signal during the candle life time. So I would say yes
oak gazelle
@marsh topaz so you are using oanda for forex trading???
marsh topaz
@oak gazelle I was but most of my funds are on cmc now so been using that. I generally habit been trading currency though more commodities, few indices and shares using leverage.
Oanda is pretty damn good though with the direct TV link to trade from charts/ signals
oak gazelle
But i dont seee lots in oanda
marsh topaz
But i dont seee lots in oanda
@oak gazelle as on lot/ unit or contract suss? what are you trading on software wise? Mt? Oanda software etc? Might show or give options differently?
raw jay
alright, appreciate @frozen oasis 🙂
versed oasis
Damn bro whats your strategy @astral kelp
How do we utilise the lux volatilty indicator
frozen oasis
versed oasis
Thanks bro
frozen oasis
Hi @fading coral you have some alerts in this discord
The chart signals are in Trading View platform
fading coral
Ah okay thanks :) How's this going for everyone?
frozen oasis
you need an account in this platform ( it's free )
fading coral
I've got that set up
frozen oasis
You can have a look to #💰share-profits. Seems going well for most of Lux users ^^
fading coral
Perfect thanks mate !
gusty turret
Silver has been onsanly increasing those 2 days
What's happening to the market lol
@astral kelp hey dude whats ur settings
surreal pulsar
hey mr forex gump i also need it lolz
astral kelp
surreal pulsar
what are your settings?
runic cargo
Thanks Lux its nit been a bad morning. 15 minute TF and using 1 or 2 hour to confirm trend. Using the algo system certainly just gives you the extra bit of confidence to place your trade 😉
gleaming widget
Any recommendations on the 1hr time frame for quick trades to use. Currently have the default numbers.
^^ for forex only
astral kelp
EURUSD hitting 1.600 for the first time since 2018 and I'm in it
frosty bough
@astral kelp what are your settings?
astral kelp
Default
narrow lion
@astral kelp thst drop though.. crucial
unreal remnant
What time is tsla earnings
calm dust
storm mango
For stocks try using standard Lux settings. Look for daily signal. Then look for the next 4hr signal against the daily. Then enter at the next 1hr signal that matches the daily direction.
storm mango
Try using ATM option credit spreads with this strategy
calm dust
@unreal remnant that is what it says on the page...?
sudden mesa
@storm mango can you elaborate on option credit strategy that you use?
soft locust
Who’s playing Tesla today?
storm mango
@sudden mesa sure I use many different strategies but this particular one would be a credit spread. For instance if I had a signal to buy Apple. I would use a put credit spread. I would sell a $388 put and buy a 387 put. This would leave me with a credit. I will profit as the price moves up and from the decay of time.
In this case since Apple options are in roughly $2.50 increments I would make an order like this
Max loss is $140 and max gain is $110.
I would close this for a profit if price spiked up or if price didn’t move I would leave it hope price stays just above $387.50
storm mango
No problem. Remember only use highly traded options so you can get in and out easily. Also look for options with higher implied volatility to get more credit for the same trade vs lower implied volatility
Weekly is good for using Lux in my short term strategy but it’s know that 45 days out is best. Depends on the strategy though
sudden mesa
👍
unreal remnant
@calm dust what time does it say it says 9pm est
hidden moss
Is there a double top ethereum 1h forming? What’s your opinion ?
opaque rapids
@sudden mesa u played amd calls from lux? i dont see any signals for amd
sudden mesa
Saw it on 15min and then on 1hour too
Entered the call when AMD was at 57 exit at 59
Should have hold more...now 61.5
5 calls
soft bramble
!list
frank geodeBOT
The following is the list of assets our Discord Market Scanners cover.
Timeframes include: 2H, 4H, 1D, 1W on each asset with standard Lux Algo V2 settings (no toggles enabled).
STOCKS:
FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP
FOREX:
GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD,
USD/CAD, NZD/USD GBP/CAD, GBP/JPY, GBP/CHF,
EUR/GBP, EUR/JPY, EUR/AUD, AUD/CAD, AUD/JPY, AUD/CHF
CRYPTO:
BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD
INDEX:
SPX, DJI, IXIC, E100, CAC40, DAX
COMMODITIES:
XAUUSD, XAGUSD, XPTUSD, USOIL, SUGARUSD, ZR1!, ZW1!
hidden moss
made good money today using earningwhispers + luxalgo
oak gazelle
@hidden moss what is earningwhispers?
hidden moss
!list
frank geodeBOT
The following is the list of assets our Discord Market Scanners cover.
Timeframes include: 2H, 4H, 1D, 1W on each asset with standard Lux Algo V2.5 settings & HA Candles. (no toggles enabled).
STOCKS:
FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP, MSFT, BABA
FOREX:
GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD,
USD/CAD, NZD/USD GBP/CAD, GBP/JPY, GBP/CHF,
EUR/GBP, EUR/JPY, EUR/AUD, AUD/CAD, AUD/JPY, AUD/CHF
CRYPTO:
BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD
INDEX:
SPX, DJI, IXIC, E100, CAC40, DAX
COMMODITIES:
XAUUSD, XAGUSD, XPTUSD, USOIL, SUGARUSD, ZR1!, ZW1!
shy yacht
What are good brokers for indexes
vagrant meadow
How do you all like the dashboard? I’ve never actually used it. Seems pretty useful!
vagrant meadow
😂😂
hidden moss
@oak gazelle https://twitter.com/eWhispers
Twitter
they provide you with HQ watchlists particularly for earnings
amazing service in my opinion
oak gazelle
So how you are using it and luxalgo? Could you please help us understand
So that we can use it too
I mean the strategy
pearl zodiac
If you day trading have the lowest sensitivity with the support, signals, and resistance ticker on and only play the strong buy or sell signals @oak gazelle
hidden moss
well my strategy is complicated, but i just use it to find stocks to look into it
pearl zodiac
Use the support and resistance to be more confident in the trades
hidden moss
^
oak gazelle
If you day trading have the lowest sensitivity with the support, signals, and resistance ticker on and only play the strong buy or sell signals @oak gazelle
@pearl zodiac how much is the sensitivity??
vagrant meadow
Is that a 1 minute or 1 month chart
pearl zodiac
1 min
uneven cargo
how fast does support usually respond?
thin trail
usually around an hour or two depending on the time @uneven cargo - but we got your email and are swapping your username soon
uneven cargo
YOU ROCK!
hasty trout
Anyone use tastyworks?
Trying to find out cost of contract for futures. TD Ameritrade is kinda high at almost $5 round trip for MES
raw jay
does the scanner bot have natural gas also?
thin trail
!list
frank geodeBOT
The following is the list of assets our Discord Market Scanners cover.
Timeframes include: 2H, 4H, 1D, 1W on each asset with standard Lux Algo V2.5 settings & HA Candles. (no toggles enabled).
STOCKS:
FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP, MSFT, BABA
FOREX:
GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD,
USD/CAD, NZD/USD GBP/CAD, GBP/JPY, GBP/CHF,
EUR/GBP, EUR/JPY, EUR/AUD, AUD/CAD, AUD/JPY, AUD/CHF
CRYPTO:
BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD
INDEX:
SPX, DJI, IXIC, E100, CAC40, DAX
COMMODITIES:
XAUUSD, XAGUSD, XPTUSD, USOIL, SUGARUSD, ZR1!, ZW1!
raw jay
oh ty
sudden mesa
Can anyone explain about equalizer bands and how are they used?
sudden mesa
Thanks
thick fable
Is it that LuxAlgo works only on the following Stocks ? Not on all the stocks ?
STOCKS:
FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP, MSFT, BABA
astral kelp
works on any stock thats visible on tradingview
vagrant meadow
No, the Algo works on any ticker: stocks, forex, crypto, futures.. BUT depending on the asset & timeframe you MAY need to adjust your input settings.
vagrant meadow
Those are the stocks that they have alerts for
ancient widget
Those are the main stocks that our users trade so we have included them in our Discord alerts
vagrant meadow
It would be impossible for them to create alerts for every stock on an exchange
ancient widget
and it would be very annoying to get constant alerts for stocks that barely anyone trades
thick fable
Ok... Thank You
calm dust
Just curious, but if there are any long-time Lux users around here in #💬hangout, I'd love to know what you're trading / what settings are working for you / what your wins are looking like.
For me, it's looking like leveraged Crypto on default settings (30m candles for BTCUP-USDT and BTCDOWN-USDT on Binance) seem to be good for about 0.3% per day on average, but choppiness bump that around 3% in either direction when the market moves sideways
empty solar
I honestly think 99% of people just use it as confluence / use the other tools, not only the signals
frozen oasis
in daily / 4h chart, signals are very good
calm dust
I think any signal gets better the longer the TF, but yes - I agree @frozen oasis
@empty solar agreed, but it's a pretty good confirmation. Having a chart full of mostly-accurate indicators is great, and I'm curious where it's most accurate
blazing pelican
Anyone have any calls for today?
calm dust
how in the hell do some of these people (tiktok, but sometimes Twitter) call out SPACs and other stocks the day before they jump 60%?
vagrant meadow
No clue. I’ve seen that on TikTok too and I’m like wth I need your inside man haha
calm dust
I'm guessing they call out 20 per day and post about the one that moons? But it's like "...here's the 2 I said last week that went up 80%"
and then they have multiple posts like that
calm dust
I like crypto because it runs 24/7, and theoretically I can scalp/swing on a lot more candles than I can get in a trading day, but I wouldn't mind jumping in on a few of those...
@empty solar I get that, and I can see some of these guys are subscribed to premium scanners and just reselling the daily watchlists on Discord
But like... wtf, where are these daily watchilists coming from that have 2o tickers where 1-2 routinely pump a day or two after the watchilist comes out
I'd love to chuck $1K on each ticker and set up sell alerts on all of them with lux to let me know the duds, but I can't figure our how the watchlists are made, so I'm not sure what's legit
scenic geyser
I've been having better luck shorting Strong Sells then Buying Strong Buys lately with 5m charts. Need to switch my strategy over. I'd love to figure out a way to automate the tradingview alerts to Fidelity through a webhook URL
icy light
How are you managing risk
soft bramble
Oh I use 1 lot size and they all triggered my stop losses
I’m fine
Would be nice if they said buy rather than sell
frozen oasis
you can't follow blindly all signals
icy light
I find with the forex signals often a good buy might mean it's topped out and you should short it and vice versa
frozen oasis
look at the two latest XRP signal xD
narrow lion
damn that went high af and dropped low af
fading coral
@calm dust got it thanks
narrow lion
Never really traded crypto like that. It does that?
calm dust
Ripple does, apparently
frozen oasis
Noob question but whats XRP.? @frozen oasis 😂
@fading coral the crypto pair XRP/USD
vernal kernel
Having hard luck on 5 min candles daytrading. Trying to optimize the settings to figure it out lol. Anyone else here trading on 5 mins chart with stocks (not forex, crypto)? thanks!
mossy plank
I use the 15 minute if you havnt up graded trading veiw there is a 15 minute delay any ways so i dont feel you gain much using 5 minute candles..
empty solar
5m is pretty hard if you don't currently trade it and are successful
fading coral
@frozen oasis 👍
vernal kernel
@mossy plank no tradingview is real time on 5 mins chart. no delay
opaque rapids
@vagrant meadow whats ur setting for 5min tf?
vagrant meadow
@opaque rapids default. I don’t rely on the buy/sell signals alone. I use them in confluence with other indicators.
vagrant meadow
6,12,50,200 EMAs, 26, 100 HMAs, VQI, MACD, VPT_OBV.
If you use all at once it’s a lot of noise for sure. So you’d have to tweak it to your liking.
opaque rapids
wow
vernal kernel
wow thats a lot, I try to use only VWAP, 9,20 EMA and 50 SMA on 5 min chart for equities.
vagrant meadow
I’m actually stuck in this bubble. If I use a lot of indicators, I don’t get as many alerts and actually miss runs.
warped ivy
what min chart do you guy finds it works best for you?
5 mins doesn't work for me for the algo
empty solar
We always tell people; if you weren't profitable on the 5m before Lux you won't be with Lux
It's too low timeframe
The algorithm uses past data from X candles. The higher the time frame the more data the algorithm has to work with the more educated its signals are and hence tend to be more reliable. Lower time frames will use the same amount of candles but due to it being a lower time frame it has less data to work with. For example: if the algorithm uses 10 candles of data, on the 15m chart that's 150m of data. However on the daily chart that's 10 days of data to generate a signal on.
warped ivy
i'm profitable on 5 mins, but the signals are slightly delayed on 5 mins
vernal kernel
@empty solar ahh I see. going by that logic, swing trading could be more profitable on standard settings
empty solar
Absolutely Sairo
For standard settings
We introduced these new settings for those who need it to adapt
Because of course it's not one size fits all with trading
It's impossible to make a system that fits both higher timeframes and lower timeframes with no tuning
empty solar
Very nice performance
rough spire
can you share an example
empty solar
Please don't try copy hakyona for people who are newer to trading
Trading like that is for experienced people
HTF tends to be easier to start
vernal kernel
$350 for commissions. Jeez.
narrow lion
The volatility above 75% means there could a huge drop right?
thin trail
Volatility low = Market is in a sideways state and a bigger impulse move is likely beginning to form.
Volatility high = Current impulse move is likely beginning to get exhausted.
Volatility normal = The current move likely has more room to continue.
narrow lion
Okay thank you
opaque rapids
u literally just hold for seconds?
@warped ivy scalping
$350 for commissions. Jeez.
@vernal kernel 1.1k net profit
i still win
hidden moss
@opaque rapids whats your brooker
hidden moss
ah gotchu
opaque rapids
🙂
hidden moss
good shit tho
hidden moss
same
opaque rapids
are u doing futures too?
opaque rapids
good
hidden moss
since i'll be trading with less then 25k, i should prob start getting in the habit of 3 trades per day tho
vagrant meadow
@hidden moss if you have a cash only account E*TRADE will let you do as many trades as you want
vagrant meadow
Yep! If you add margin then you’ll run into an issue so just keep it cash only
hidden moss
i prefer margin trading tho
vagrant meadow
$.50 per option contract
hidden moss
thats not bad
vagrant meadow
And gotcha. Whatever works for ya 🙂
vagrant meadow
Yes. You can not open/close 3 positions within a 5 day period
hidden moss
got it thanks
cobalt jackal
Honestly margin isn’t the way to go in this market
Your going to get stuck in plays just so you don’t waste a day trade
And in this market that is scary
opaque rapids
theres no margin on options
just use cash account
u just gotta wait for cash to settle next day
after a trade
hidden moss
@opaque rapids how is it possible that E*Trade lets you do unlimited tho?
isn't it a US law?
or do they execute the trades for you(like a form of a MM)
hidden moss
curious about both
opaque rapids
not sure if etrade is an offshore broker
offshore brokers u can ignore pdt rule becus they dont trade actual shares
they trade cfds of the underlying shares
so u can short and long any shares without worrying about borrowing and slippage
opaque rapids
yeah
try looking deeper into it
as i dont have much info on etrade
i didnt look into them at all
sand locust
Anyone have tips on knowing when to let it ride vs take/cut profits/loss? Keep getting thrown off by indicator only being true for like 2 candles before reverting. I hop out and then it moves in what would have been my favor
empty solar
Probably avoid chop using the LV and avoid low volatility ranges. Also try and use the band a little more to spot those zones 🙂
sand locust
Is there a guide for the lv?
thin trail
!volatility
frank geodeBOT
To learn more about Lux Volatility: https://luxalgo.com/apps/help-center#!hc-lux-volatility
soft bramble
Hey thx for yalls help and advice I consider them all and learn off of it
calm dust
👍
raw jay
Anyone here that uses luxalgo on 4h has some suggestions? 🙂
calm dust
defaults to start
vagrant meadow
@thin trail you’re gonna turn me into a swing trader if you keep posting those beautiful screenshots in #695730864524492811 😂
thin trail
swing trading is healthy:)))
more data 
just requires patience
and patience is a great practice
runic cargo
Been with lux now for a month or so,but been trading for a few months made plenty of mistakes and learnt alot. This tool is amazing if you use it right. So a message to the newbies, don't be another statistic and give up. Honestly don't give up.!! I turned 20 quid that's 20 British pounds into 178 in 3 days trading. All forex and im still learning. Have fun guys an girls 😉
versed oasis
@runic cargo can you teach me bro
runic cargo
Brother im still teaching myself. Im not very technical yet when it comes to trading. Honestly the best advice I can give you is spend plenty of time on a demo account and if the trade looks good with a good signal. Go for it.!! I trade 15 minute candles and use 1 or 2 hour candle to confirm a trend.
warm sun
@runic cargo I think ur Last sentence is very important
runic cargo
Don't forget your bloody stop loss too hahah
empty flume
there is to many things you need to understand to make profitable trade. It will become very easy once you undesrstand where to look and for waht :))
versed oasis
Oh okay i understand you look for trend in higher time frame and trade the trend on a lower time frame with a strong signal
mossy plank
Go to you tube and watch a video on reading candles there is an oriental guy on there and he is awesome at explaining the meanings of them and combos.. i cant remember his name.
empty flume
but I can make sure, that LUX can help to understand overall market movement, and after 1-2 month, with hard work and learning with backtesting. You will use LUX not for a signal, but for confirmation what you see.
runic cargo
Yes exactly that. But becarful of any it can swing the other way and has done to today. However if you set a sensible stoposs you will make it up in other trades dont become emotional trading dont think of the money. I know that might be hard. You've got to find a strategy and stick to it
empty flume
@versed oasis Most important, people need to learn is to let it go. If you see you are late to jump on the swing, let it go. If you was up 100 and now you down 100 let it go, to stick to that point when you want to make every single day with green P/L .
versed oasis
Thanks bro got a lot to learn
runic cargo
Exactly mate dont chase a loss you will lose bad
Fuck it and move on hahahah you will make it brother just lots of practise
empty flume
Everyone need there own understand wich suits best to them, it can bee pattern or price action, anything that suits you best, and just stick to that. Dont use LUX as blind go in. Try to understnad first of all why it shows to go in. Overal trend is easy to see with EB
versed oasis
What time frame would you mainly look at for the trend
empty flume
Olso try to make a plan, like for example +50$ if you made 50$, go and do something elese, as plan is complete, and dont stay like - oh it is my day my trades is chachinging my pocket 😄
runic cargo
Like Teddy said please don't blindly follow every signal. I started learning naked price action, look it up. You just need screen time staring and understanding charts 🤣
versed oasis
So i would go lower timeframe to look for a strong buy signal
Need to use patterns
Chart patterns
empty flume
Also very important to understand when is consalidation, as it goes as a saw there and back, just hitting all stops
vagrant meadow
You’ll also notice in uptrends you won’t get strong sell signals, only weak, and you won’t get weak buy signals, only strong
Consolidation blows
runic cargo
Also in my opinion there's so much to trade indcies,commodities,forex vrypto etc... keep it simple I stuck with forex and there's like well over 80 or so pairs to chose from anytime of day. So what I'm saying is plenty of opportunity if your patient
muted ivy
Learn to leave emotions out as well!! I know its hard this is my biggest struggle rn
versed oasis
What currency pair is good since some are more volatile than others
empty flume
Also I would not recoment to go in the begining for a HUGE markets like USD as there is to much things that we can predict, such as big banks can just drop price, whenewer trend is strong and up, just to kick out all that people who had a late jump on it
vagrant meadow
Forex is my next challenge !
warm sun
Lux gives you the stop/loss info on lux dashboard
empty flume
m1, try to make 2-5 trades a day. Even if you will make 10 pips it is good, as with time and youre account grows, this 10 pips can make you 1000 easy
runic cargo
Stick with forex majors and minors not forex exotics to volatile
Also look at support and resistance
When you see a signal blast through resistance your good to go lol.
runic cargo
Yeah a breakout or whatever you wanna call it. You will see on the chart it bouncing up and down from support and resistance levels then when it breaks jump on and let it ride. 😊
vagrant meadow
To the forex people, do you like to day trade or swing? Or is it like stocks where it’s just a personal preference ?
stuck frost
@vagrant meadow i heard most experience forex traders all swing from 4h and above
patent peak
Both, cause i can day trade BUT if i see the potential of it going in my direction for a longer time ima stay in
stuck frost
I did try 1,5,15 not easy with forex since it s way more volatile than stocks
runic cargo
I've been furloughed from work for the last 3 month(UK) so I prefer day trading with smaller time frames. I've got plenty of time on my hands to sit with my laptop. 😊 just have to feed the daughter and make sure she survives and thats it. Eat trade sleep hahaha
muted ivy
Hey y'all, whats a good setting for the 15min, i wanna test something real quick on demo
sudden mesa
Sure
vagrant meadow
Try default and branch from there. If you think default is too sensitive on the 15min you can turn it up to get less signals.
vagrant meadow
Same. I’ve had good luck with the defaults so far. For the first time today I turned up my sensitivity and returned that 40ish% I shared in #💰share-profits
I just shot it up to see what would happen lol
muted ivy
Lol just stocks u trade?
vagrant meadow
Options, yeah.
oak gazelle
Same. I’ve had good luck with the defaults so far. For the first time today I turned up my sensitivity and returned that 40ish% I shared in #💰share-profits
@vagrant meadow brother... can you make a video on scalping strategy using lux 😀
muted ivy
@vagrant meadow ok
vagrant meadow
@oak gazelle I’m not good enough to make a video haha. I will help answer your questions though 🤩
oak gazelle
@oak gazelle I’m not good enough to make a video haha. I will help answer your questions though 🤩
@vagrant meadow haha.... thats fine... i want to know what are the indicators you use and how you find which is the good signal
tidal gale
if i have a question about the functionality of the lux algo script, do i ask that here, or is there another channel for that?
raw jay
!list
frank geodeBOT
The following is the list of assets our Discord Market Scanners cover.
Timeframes include: 2H, 4H, 1D, 1W on each asset with standard Lux Algo V2.5 settings & HA Candles. (no toggles enabled).
STOCKS:
FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP, MSFT, BABA
FOREX:
GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD,
USD/CAD, NZD/USD GBP/CAD, GBP/JPY, GBP/CHF,
EUR/GBP, EUR/JPY, EUR/AUD, AUD/CAD, AUD/JPY, AUD/CHF
CRYPTO:
BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD
INDEX:
SPX, DJI, IXIC, E100, CAC40, DAX
COMMODITIES:
XAUUSD, XAGUSD, XPTUSD, USOIL, SUGARUSD, ZR1!, ZW1!
frozen oasis
morning all
raw jay
good morning OrcusZ 🙂
marsh topaz
Evening 😂👍🏻😴
frozen oasis
Nice play 🙂
frozen oasis
Long in EUR/CHF
and waiting GBP/USD for long
comming to lunch time and after europe always wait for US opening time
fading coral
Eurchf looks good for a buy As it struggled to break out to the downside.. right ?
Ohh okay fair enough
frozen oasis
for me it's boucing in previous resistance
4h chart show a very hude buy volume
MACD Crossover ( indicator 2 ) look to push for a buy, same for Stochastic ( Indicator 3 )
1h chart show the same
fading coral
Nicee alot of confirmations !
fading coral
I've never used the macd but do u set ur own settings for it ?
frozen oasis
MACD crossover only show the lines ( instead of the macd classique )
and yes I don't have the default setting
I play only on 4h & 1D so I decrease the values
GBP/USD show good signs for an long, I think I will put a waiting trade
magic bay
Morning all
empty solar
Morning ☺️
wraith relic
Morning! any idea why my tradingview doesn't save anything anymore? I can't save the settings on lux algo, whenever I open TV again the changes I made to the settings are reverted. Even if I remove lux algo, close and open TV again it will be active again with the same old settings
vagrant meadow
There’s an auto save feature you can enable, and it’ll save your chart every 5min.. also you can manually save by hitting CTRL+S or by clicking the drop down arrow next to your chart name clicking on “save now”
vagrant meadow
🤠🤩🤙
empty solar
@fierce wing If you log into your account on the website I believe you can ☺️
fierce wing
Okay i changed it without problems thanks.😁
frozen oasis
be ready for a new EURUSD Road
15min/1h/4h chart looking for that xD
if is not come today ( end of week ), will come monday
gilded sleet
@frozen oasis surley EURUSD needs to come back down
frozen oasis
seems that rejecting resistance and clearly becoming a support. Clearly need the confirmation to get a correct entry
gilded sleet
long?
frozen oasis
yep
gilded sleet
gotchu
frozen oasis
and for info I have this entry because i 1.5 ATR since I spoted this 🙂
( looking at my strat )
empty solar
@paper arrow keep chat in here 😄
paper arrow
Oh shoot. My bad!
vagrant meadow
@paper arrow 5min. 🤠
empty solar
ay all good
empty solar
For all those who requested moving dashboard; all implemented and will roll out in next update 🙂
empty solar
hahahahahhaha
patent peak
Your moving it completely or just moving it somewhere else so it wouldn’t block the candle sticks?
empty solar
patent peak
Beeeeeeeet👍🏽
empty solar
Hopefully will clear those candles for y'all 😄
tidal gale
I have a question about LuxAlgo. If I set an alert in TradingView with LuxAlgo settings (sensitivity/agility/smoothing) set to specific values, will that alert "keep" those LuxAlgo settings even if I change them later while viewing other charts in TradingView? (I hope I explained that clearly)
empty solar
Yep it will do @tidal gale 🙂
Whatever settings you had open at the current moment when settings the alert is applied
tidal gale
ok, that's what i figured, but wanted to verify. thank you!
empty solar
No worries 😄
tidal gale
ok, one more question about that.....is there a way to see the settings that were saved with the alert?
tidal gale
ok. i set some alerts yesterday and i THINK i set them after i made my algo settings changes. but now i can't remember. lol
tidal gale
that's a good idea!
opaque rapids
@vagrant meadow what timeframe are you on ?
gusty turret
Japanese yen is on samurai god mode today
Gaining value on alll fronts
Wonder what has happend last night that shifted the tides this much
frozen oasis
As you can see, all "sure" money growing ( JPY, GBP & CHF )
bubble going to explode
novel wedge
for scalping on low times frame 5 and lower has anyone adjusted the sensitivity? I used to use 1.50 on old algo....not sure the equivalent on new algo
empty solar
For old algo settings: Add around 0.35 to the sensitivity and reduce agility a little
And smoothing to 10
vagrant meadow
@opaque rapids 5min. Algo currently set at 6.25,2,20
thin trail
find the username you’re 100% going to use and email support@luxalgo.com if it needs to be changed on TradingView
swift rover
@hidden moss. Hey man whats up? Did you remove your videos from YouTube?
somber anchor
Is there a way to backtest using strategy tester in tradingview? I couldn't set it up with Lux Algo 2.5
empty solar
!backtesting
frank geodeBOT
Information regarding back-testing data and % accuracy: https://luxalgo.com/apps/help-center#!how-accurate-are-the-signals
somber anchor
!backtesting
@empty solar Thankd Gecko but I read that before...so is it not possible to do backtest?
empty solar
Not currently because it sends out the wrong message and TV is awful for backtesting
scenic peak
Hello Guys - i have questions on the signal, support can you please dm ?
I see signals are disappearing on the charts
@empty solar can you dm please
empty solar
!confirmed
frank geodeBOT
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
empty solar
Signals will only be fixed on candle close 🙂
empty solar
All good no worries at all 🙂 We always try and tell people; signal is valid on the close of the candle
Try to wait for the close
empty solar
Pleasure 🙂 Hopefully 99% of the answers to questions will be on the resources page 🙂
And if not just @ me
kindred wasp
!alerts
frank geodeBOT
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
agile cliff
Haven’t used lux since the new update tried to mess around with the settings even used the settings that mentioned on the website and compared them to my old version of lux and it isn’t the same has anyone food good settings ? I use 5-15 min chart sometimes I look at 1 min
thin trail
settings on the site are default, they are similar in affect - just a bit more optimized
we detail how to adjust settings one by one in the article:
!settings
frank geodeBOT
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
hard viper
if with each pair I change the luxalgo settings and set the alarm, will I have a different luxalgo setting with each alarm or will it be the same everywhere?
hard viper
Or if I change the settings in luxalgo, it automatically changes the setting in the previously set alerts?
hard viper
great, I can set different settings for each alarm 👍
thin trail
yep!
white nimbus
Hi guy's , for weekend trading what charts do you guys look at, trading view doesn't work for crypto, just fancied a bit of weekend trading , cheers
storm mango
Alright guys who has a profitable scalping technique for forex? I could use some ideas
storm mango
Chat is quiet today lol
empty solar
Always is on the weekends 😉
storm mango
Lol true. Not much to trade
runic cargo
@empty solar hiya mate im going to change up my strategy a little on Monday and start trading using divergence, have you tried this along with the Algo? Would the settings be the same. Cheers buddy 😊
empty solar
When you say divergence mate, you talking about the oscillator
Or that you're trying to use the signals using divergence from other things like RSI and want to know the best settings for the sigs?
runic cargo
Yeah I'm going to use the OBV indicator and literally just use the buy sell signals and keep the charts clean if you know what a mean.
vagrant meadow
I like VPT_OBV, that way I can compare OBV to an EMA
runic cargo
Yeah mate I'm just trying to keep my charts clear and simple. I've got the algo turned on and I use Macd and obv.. did some back testing and saw some pretty impressive divergence trade opportunities. Lets just hope I dont get spanked on Monday 🤣😂😂
vagrant meadow
All I’ll say is the guy I paid to teach me how to day trade, taught me to use OBV & MACD. Soooo. I think you’ll be fine.
I use them everyday 😃
runic cargo
That's what I like to hear mate. Well ill be giving it a good go this week and hopefully pay off. 😉
sly delta
Do you have to pay to get real-time quotes on TradingView?
thin trail
!data
frank geodeBOT
Can I see everything in real-time data on TradingView? https://luxalgo.com/apps/help-center#!hc-can-i-see-everything-in-real-time-data
vagrant meadow
There’s literally a !shortcut for everything 😂
sly delta
Haha nice
thin trail
indeed @vagrant meadow
lament shuttle
Question for FX traders. Which broker do you use and how much is the commission fee for trades?
lofty river
Is Lux Algo supposed to help day traders with the buy and sell signals? This is impossible with the delays in these signals. By the time Insee the signal the trade is over, so am I missing something here?
empty solar
Yep of course 🙂
What asset
which timeframe
If you're day trading you need to set the settings to suit your style
Because there is not one size fits all
For example you can't expect the settings that work on the Daily to also work on the 5m
lofty river
So what is the best setup if I’m a swing trader?
empty solar
Depends on the timeframe
And asset
For example this is btc 3d on default settings
Very nice
This is the 15m on default - messy
And this is 15m tuned for performance
Different timeframes behave differently 🙂
I guess a way to think about it is - you wouldn't run a marathon the same way you'd run a sprint. You need to let the algo know what race it's about to do
opaque rapids
And this is 15m tuned for performance
@empty solar this is actually nice. what's this setting?
calm dust
BTCUP-USDT 2h on top with Lux Algo at default settings (4.25, 1.96, 20)
BTCUP-USDT 30m on bottom with settings intended to emulate 2h reliability but react 4x faster (6.00, 1.85, 20)
both charts have had their timelines adjusted to show July 10-present
cursor is showing why I've been working on this / how faster response on a shorter candle helps when you're using 'after bar close' for signaling
for a not-so-basic example, @empty solar 😉
empty solar
Yeah thank you mate 😂 saved me some time there
calm dust
if any of you would like to copy that layout, go here, click 'make a copy' where you save layouts, and you can apply your own settings / look at different tickers: https://www.tradingview.com/chart/rusgcdXr/
close-up on July 20-23
see cursor
so on the 30m, worst-case, in at the 5.93% mark
calm dust
the next candle after signal on the 2h looks like worst-case 7.2%, so the potential there is to miss 1.2% of gains
I'm using default settings on 2h, but have been trying to find settings on a 30m that will give the exact same signaling, just 4x faster
I can't seem to stretch it much further down than that. from 2h to 15m, for example
hidden moss
Okay perfect
calm dust
My guess is there's too much noise for the aglo (or any algo) to perform the same
but see here: #706894045556899933
because it really does depend on what you're trying to do
I want the reliability and accuracy I see in 4h on a 1m chart, but it's not going to happen
so I've been working on settings to get Lux to signal like a 2h chart on a 30m
Here's 4h on default, with as close as I can get a 30m chart to it on settings 7, 1.85, 20:
also see how I'm running out of room in Lux settings stretching from 4h to 30m, versus 2h to 30m
it'll only go up to 7.5
empty solar
I mean there's a simple update we could do
There's a resolution function in pine
So your algo can use the data from the 2h on the 30m
calm dust
yeah but the signal wouldn't be counted until the next candle as "for sure"
unless... you had 2 classes of signals
and could have like a suspected buy' and 'confirmed buy'
well, maybe not 'confirmed' haha
lofty river
So how do you know which sensitivity to use?
lofty river
What are you talking about?
calm dust
I mess witht he settings, one at a time, from top to bottom, while looking at the 30m and 2h or 4h chart
and make sure the charts line up on the timeline
then look back many, many months to make sure you're not just custom-fitting the last 48 hours, and are generally making a huge mistake by choosing settings for a time where the chart was behaving weirdly
paper burrow
@empty solar Hi if I cancel for a month can I come back the next month with me original monthly cost?
calm dust
@lofty river , @hidden moss is talking about this:
hidden moss
Gives you optimal entry
🔥🔥🔥🔥
Before the buy and sell signal along with changing colors on candles
empty solar
@paper burrow I don't believe so 😦
calm dust
For example, see cursor here:
nice entry. But there's a lot of noise as well. Can't be used alone (and isn't intended to be used alone, I'm sure)
swift rover
good afternoon! I have some seem some folks scalping SPY out there. Can you explain your strategy and Lux settings? I want to compare with what I have been doing
versed oasis
Do you use the lux oscillator only for divergence?
Go to your account
Manage subscription
calm dust
I'm a little too nervous to put money behind this, but I'll be watching this one. on BTCUP-USDT, I seem to have made a 15m chart look like a 4h chart, but the algo is very much at its limits, I feel.
15m at 7.5, 1.75, 40, versus 4h on defaults:
the ETHUP product I can't tell if I can go 4h to 15m
ADAUP 15m with these setting seems slightly better than the default 4h, but not a lot fo history there
LINKUP seems to signal on some sideways movement, which is what I'm trying to avoid, but otherwise looks okay
muted ivy
Doing things a bit different this week, gonna anylize trend on the weekly then drop down to the daily or 4 hr for entry
hidden moss
Nice
wispy garden
Thanks
hidden moss
Do you can get alert when the candle closes for buy or strong buy sell vice versa?
So
vagrant meadow
Yep!
vagrant meadow
Admin recommend to set alerts for “once per bar close” that way once the signal is confirmed you can get into position
warm sun
@vagrant meadow where is that setting?
warm sun
@vagrant meadow thanks
vagrant meadow
You’re welcome 😊
vagrant meadow
I’ve got mine set to normal buy turn strong and haven’t had any issues...yet... suppose admin could correct me if I’m wrong though.
empty solar
Well it's all down to preference
We have alerts for strong signals
Alerts for normal signals
and alerts for when a normal signal may turn into a stronger signal
Or of course alert any for all 3
warm sun
So this alert will come to my phone? Sorry newbie on TV
empty solar
Yep if you set it to 🙂
vagrant meadow
It’ll come in as a push notification 😁
calm dust
if you have the TradingView app, of course
don't use a mobile browser...
and as a test, I set up one alert for "once per bar, one for "once per minute" and "once per bar close". Lux will signal several times per candle as the price goes up and down and meets (then doesn't meet) the conditions for a buy or sell signal
sometimes after the candle closes, the price has come back to a point where no signal is needed
so it's a very bad idea to use anything except 'on candle close', because that's the only point where it has for sure decided what it's going to say
unless... you think you can use those intra-candle signals to figure something out.
I've instead been working to get Lux signaling like I want it to, but on shorter and shorter candles
so if I have it signaling on a 15m candle chart the same way it signals on a 4h chart, then I find out that Lux is giving a signal, instead of it having to wait until the end of the 4h candle to make sure.
It's not as easy as it sounds, and you're definitely trading speed for risk
vagrant meadow
I have my alerts set for once per bar. I have been trading 5min candles, intraday only. So if it is a normal buy turning strong at 1:02 I’ll go ahead and get alerted, and I can stay on the sidelines until I can see how it’ll close. If at 4:50 into my candle it’s a strong signal then I’ll pull it. To date, I’ve yet to have a candle change in the last 10sec. Definitely not saying it can’t happen though
warm sun
What's the reasoning for buy to strong buy, why not sell to strong buy?
empty solar
Because if a buy starts to meet conditions of a strong signal is becomes strong
See our candle coloring for reference 🙂
calm dust
@vagrant meadow I've see 4-5 alerts come through on a 5m candle where Lux never signals. It happens when price is going sideways
vagrant meadow
@calm dust I’ve increased my sensitivity & set them for “normal buy turns strong” & “normal sell turns strong”
calm dust
ok
I'm guessing when a buy turns into strong buy halfway through a candle, it's likely the candle will signal when the candle is over. But I haven't tested that
vagrant meadow
So far so good. I do get alerts that I don’t take but I’d rather get a few too many alerts than get in late. But it works for me. Everyone is different though 🙂
calm dust
ah, yeah. See - I'm trying to get my setup working to the point where I can have it auto-trade crypto for me. If I were going to do it manually, I would do the same
but I don't want to sit and watch crypto charts 24/7
normal merket I can. because I can keep an eye on it while I work from home
warm sun
@calm dust how would you auto trade?
calm dust
There's a Chrome plugin called Autoview to connect alerts to crypto exchanges, and I think OANDA. It's a great way to lose money
very efficient
it's also difficult to figure out
so there's that too 🙂
swift rover
@vagrant meadow I have been having success with 5m SPY as well. What are your settings? I have the following: 4.55, 1.9, 10. What are your settings? Do you put a pending trade to open up at the wick or 10 sec from the close of the candle no matter were price is? What are you doing to try and stay away from bad entries? I have been using 5m SPY so far for almost 3 weeks. Have 3 losses, but probably 30 wins. I am taking a small scalp each time.
vagrant meadow
@swift rover dang you’re doing better than me! I’ve done 19/3. When trend is bullish, say price is at $320. I’ll get the $322-$323 calls ready. 10-30 contracts. When I get alerted for a strong buy I wait until I’m 4:50 into my 5min candle. Idc where price is. I take small scalps too. 10,15% is cool with me
haughty wolf
@andrespinilla dang you’re doing better than me! I’ve done 19/3. When trend is bullish, say price is at $320. I’ll get the $322-$323 calls ready. 10-30 contracts. When I get alerted for a strong buy I wait until I’m 4:50 into my 5min candle. Idc where price is. I take small scalps too. 10,15% is cool with me
10-30 contract that's big money
I used to trade on the 5min charts but I don't want to sit in front of the computer all day. I'm going to start buying on the 1hr alerts for contracts two weeks out with strike price at resistance or support. I will sell using 30min alerts. What you guys think?
haughty wolf
@warm sun if im scalping same week
muted ivy
in on a short usd/jpy
warm sun
When buy to strong buy alert.... Do u guys have any screenshot to share?
i couldn't find Buy turned to Strong buy. I rather see buy turned to sell then strong buy @empty solar or anyone?
muted ivy
weekly daily and 4hr bearish trend.. all up in that sauce usd/jpy check it out let me know guys
warm sun
oh i see
vagrant meadow
What am I looking at lol
sand locust
@hidden moss what is this we’re looking at in your photo?
gilded sleet
,on my IG account i am only able to place a minimum order of 1 contracts for FX pairs i used to be able to do 0.25 contracts
magic bay
@gilded sleet yep
gilded sleet
how come its changed