strong gust
hmmm i wonder
#💬hangout
glass totem
Thanks
last lodge
are good support and ressistence of luxalgo? or is better mark myself??
empty solar
Well if you like them use them
If you don't like them draw your own 😉
It's up to you
Only you know what you like
glass totem
Why is it my trading like I go in profit then down again then over and over
Like I was in profit and now I’m down to what I started with
mighty hollow
prices goes up and down
glass totem
Yes but does the indicator work best when you have the vip trading view?
mighty hollow
nope i dont think so
glass totem
Cus legit 10% -20% of the lux predictions are accurate
Anyway to remove false signals?
mighty hollow
You shouldnt just blindly take the signals, but use LUX as an indicator
It works best on higher timeframes if youre new to trading
glass totem
Says on lux altos websites”you don’t need much knowledge of the stock market to use”
Like what I’m gathering you need atleast 2 years experience
mighty hollow
What timeframes are you using?
mighty hollow
do you take all signals?
glass totem
Mostly
mighty hollow
Yep thats the problem.
glass totem
What time frame is the best?
mighty hollow
I would suggest 2 hours
glass totem
What settings would you recommend?
mighty hollow
Ill go with the standard
I only take strong signals together with the oscillator.
Start with a demo account and test it out
works good for me
mighty hollow
😄
glass totem
But I try with real money and it’s the opposite
mighty hollow
Do you trade forex or stocks?
empty solar
@glass totem the reason people do well with it is they have a strategy and have basic trading experience, maybe for about 6 months
You've said yourself that you're new
We say everywhere for the timeframes you use they are for confirmation
Meaning you have to have your own strategy and then use Lux as a second layer
But you're taking most signals blindly on a timeframe we don't recommend
It's true you don't need much knowledge to use it. You just need a strategy, basic understanding and for newer people stick to recommended timeframes ☺️
opal bronze
where would you learn strategy and basic understanding? Any recommendations ?
empty solar
babypips
blissful halo
Very good free course
ocean snow
1 hour timeframe is amazing
hot oak
what do you guys think of Docu ?
subtle gorge
It is amazing toool on any timeframe any strategy tbh just have to have plan on each trade
ocean snow
be careful with tesla guys
wispy frigate
crypto bouncing back all over
warped nova
@hot oak I'm not touching a stock that is down 25% in two days
no idea what it will do, pure gambling in my opinion
cloud heath
Anybody in here that trades XAUUSD ?
warped nova
Oscillator working so far today on SPY
wispy frigate
@warped nova what time frame are you on?
lucid lily
After using lux algo for a week i am so shocked that more people arent using it.
empty solar
hahahaha thank you @lucid lily ❤️
lucid lily
i'm not even joking tho, blew through a 10k account in 6 months
and after one week of using this im up 4k
obviously im not just taking every signal i get but it has been a life changer
empty solar
Glad to hear it ❤️ We just make the tools - clearly you're talented using them
So keep it up 🙂
snow oak
it is pretty great. the Devs did a remarkable job with this algo
empty solar
@snow oak Thank you sir ❤️
ebon fog
I've been using it on the stock market, just testing it out this week. I'm up 400 this week but I never risked more than $100-200 per trade. Next week will be another test week and then I'm bumping risk up. Definitely happy with it
hidden moss
@lucid lily That's awesome to hear
Do you trade on the higher timeframes with default setings?
near void
Just curious people. I trade forest but does anyone here use lux for indices (scalping them)
lucid lily
@hidden moss using default settings on all time frames and im trading the 5min chart but i also look at the 1hr and 4 hr for extra confirmation 🙂
ebon fog
That's what I did this week @near void , if the 1 minute, 5 minute, 15 minute, and 2 hour candles all agree on a direction, I took the play
I'd hold for like 10 minutes and sell. Usually 2-3% gain
near void
Sounds good @ebon fog . How did it work out if you don’t mind me asking
@ebon fog standard settings??
ebon fog
@near void most of the time it would be a "small" gain of 2-3%, but those add up fast. Some I held longer because it was a strong signal
I tweaked the settings a bit
hidden moss
1 hour timeframe is amazing
@ocean snow in what way? for what strategy?
near void
@ebon fog I’ve tweaked them for the forex just to not get so many. Can you tell me what the settings are? I’m interested to give a go on my demo account for a couple of days.
ebon fog
Honestly it really depends on you, but I can go screenshot mine for you. Settings should be based on what works well for you
I didn't change much. Just a tweak
near void
@ebon fog please do mate. Then I can see if they work and then tweak them a bit myself. Do you trade DOW, FTSE, ASX??
empty solar
Just as a note of course - settings are very asset specific 🙂
ebon fog
I only trade literally any stock I can find on td ameritrade lol
orchid shard
waiting for this going up
last lodge
just try change a litle bit settings until match with your charts
near void
Thanks @ebon fog & @empty solar . Of course just a note - I’ve played with mine on forex just so they aren’t so busy and still trying to define so I get clear signals on a 2hr time frame. Trying to remove emotions and keep trades going 😂😂😂
ocean snow
another $70 on a spy put
5 min total trading
im done for the day
not feeling the market
im fine with my profit
thin trail
W
ocean snow
algo changed my life.
inner cedar
GOLD scalping today 4 trades (1 sizable loss) and still I am done, up for the day. Lex would agree with my self imposed title (pro gambler) on a 1 min chart NFP day. Not for the weak hearted!
viral jacinth
going to start real trading with algo on monday, i love algo!
ocean snow
yessss
still good to be patient and wait for setups
goes hand in hand
dont chase after a signal
empty solar
Thank you all for your kind words ❤️
viral jacinth
yeah i look at 1 hr and wait for a signal to be cemented, and then go on 15 mins for precise entry
lucid lily
how long has this lux algo been a thing gecko?
empty solar
mmmmm I believe we released it April 2020
Was in the works long before that though 🙂
viral jacinth
its such a beautiful program
lucid lily
Congrats on a making such a great algo
and to think i saw this add on facebook ahahah
empty solar
hahahahah thank you ❤️
snow oak
i saw someone using it on tik tok
lucid lily
will definitely be recommending this to my mates
empty solar
@lucid lily We have a referal programme 🙂
So you get $10 a month for each person
Who uses your link
thin trail
!affiliate
frank geodeBOT
Sign up to be an affiliate for Lux Algo: https://luxalgo.refersion.com/?oid=74006
inner cedar
1st thing I ordered on FB that did not take 3 months to arrive.
scarlet salmon
todays a PUT day... should have bought/held more of them
snow oak
did you guys write the algo in tradingview script?
thin trail
🚀
empty solar
@orchid shard Balls of steel hahaha
orchid shard
lol
empty solar
@snow oak Yeah it's done in Pine
snow oak
thats awesome
scarlet salmon
that doesnt necessarily mean itll keep being blue tho, it might go back to red
snow oak
im just watching on my gains
@orchid shard i did this today and instantly regretted it when my NFLX put ran for another $700
orchid shard
okay im happy with 30 bucks
hahaha
no stress
never regret man
profit is profit
take it and get a beer
be happy
scarlet salmon
@orchid shard i did this today and instantly regretted it when my NFLX put ran for another $700
@snow oak same.. i mean im happy i locked in for about $300 on my AAPL puts but... yeah could have been thousands lol
oh well yeah profit is profit
better than negative
austere mauve
New here.. do you guys find the stock bot calls on higher time frames to be accurate most of the time?? The sell alerts at the end of the day yesterday certainly were.
empty solar
scalping scares me
warped nova
Out SPY puts at the first buy signal, sold on the way down to lock profit
warped nova
In calls now for FB and SPY
inner cedar
scalping scares me
@empty solar Its gambling helped by some professional 'guessing - price action, Lux, etc'. That is how I approach it. I use only disposable monthly income. If I blow that, I am done for the month. But when done with some education and guidance, it can pay the bills AND THEN SOME. Key is knowing 'when to fold'
em'.
subtle gorge
So perfect call by the bot tweaked lil bit of its settings
orchid shard
Lets go!
subtle gorge
Its pretty gambling without strategy if ure scalping without knowing what u doing or risking your 50% of your account tbh
orchid shard
Lol
hidden moss
Scalping*
@subtle gorge spx? Good! What settings you find more useful?
runic knot
this algo is just 🔥 im still amazed.
warped nova
Oscillator keeping me in the trade whereas the signal would have me sold. Looking like FB breaking resistance
hidden moss
bad in forex
meager remnant
@warped nova what time frame is that
blissful halo
@warped nova what setting for oscillator do you use?
gusty shard
What is E100 index? thanks
warped nova
@blissful halo @meager remnant It is 1 minute and oscillator is set at 100
meager remnant
@warped nova thanks, I'll see how that cmpares to mine
hidden moss
@hidden moss ill share it later man im little busy atm!
@subtle gorge ok sure no problem
warped nova
just FYI. I did not take the PYPL trade even though oscillator turned blue. Why? Because the price was up against resistance, best to wait for it to break that before going long
That looks to be the right decision
okay, now I took long position in PYPL
let's see
warped nova
Worked well
plain epoch
@warped nova what time frame did you use?
warped nova
3 trades today. 3 wins 0 losses, positive
@plain epoch 1 minute
intraday trade at that time frame not to swing
subtle gorge
Loving this scalping shit atm too man
proven violet
what settings do yall use for intraday
inner cedar
4 trades 1 loss. GREEN day.
subtle gorge
This scalping got me like
3 losses out of 20
😭😭😭
This is so crazy i could careless losing even half of it
inner cedar
^Exactly.
warped nova
Just some FYI. I noted why I didn't take a long position on SPY even though Ocsillator was blue
The trade would have worked if you ignored the change from blue to red but that's dangerous
subtle gorge
What i love abt this bot, lux out here put a strong sell or buy
N imma wait for pullback set SL boom profit gun b crazy
🤣 love price action man
warped nova
what?
hidden moss
What i love abt this bot, lux out here put a strong sell or buy
@subtle gorge excellent ideia
subtle gorge
The settings ive had
It was this
I dont just take the trade cuz it tells me to go down
I wait for pullback
So its less risky
Im a patient guy
Then put the SL above the “strong”
From the last wick
It has been doing me well for it
As long as i follow the trend
I keep stacking my trade
hidden moss
well done, i must be more patient with forex
subtle gorge
Id love to try it with forex but im a swing trader when it comes to forex, i do this more with indices haha ill try it on Monday! N give u the results then
subtle gorge
Same case scenario here i waited 10 mins or smth for that pullback
I dont trade stocks :/ unfortunately @hidden moss others do tho!
hidden moss
which timeframe do you use on indices?
subtle gorge
1m when i scalp but if i wanna check the key levels and swing 30m/4h
true jasper
ya.. I scalp indices as well..
hidden moss
1m when i scalp but if i wanna check the key levels and swing 30m/4h
@subtle gorge thanks for your help
subtle gorge
Man indices today are like gold on steroids 😂😂😂
subtle gorge
@hidden moss all g! If u need help u can always ask here and we will try to help ✌🏻
true jasper
I was even having fun during the London open on us30 last night
subtle gorge
U must have caught that massive drop
true jasper
Not yesterday, no - I worked Wednesday night
meager remnant
@true jasper SMMA?
meager remnant
gotcha
meager remnant
which index do you find the best to scalp
meager remnant
have best success at
true jasper
I feel like US30 moves well with my current preferred indicators and strategy
meager remnant
bonds?
true jasper
But I never scalp more than one asset per day.. dedicated focus. I'd purchase eyeball glue if I could
true jasper
haven't gone into bonds
subtle gorge
Spx both
meager remnant
same, Just focus and catch the best entry
true jasper
I don't touch US30 for the first 15 minutes
of NYC open
I just let those batch orders whip around
then I wait for my trend to show itself
HOWEVER.... I have traded US30 with Renko Bars and had some success
at the open
meager remnant
Right, I know groups that trade the first 5 min candle, trade the break of either direction
subtle gorge
Yo fr
I dont wanna touch it
When nyc
Opening
Can slap you and its sooo volatile
true jasper
yeah, there's this dude I know he trades naked charts right at the open. He claims to have made $1M over the past three years doing it - but I've watched him.. I would not be surprised one smidgey if he's also LOST $999,999
subtle gorge
LOL
meager remnant
true
subtle gorge
Man if u hear “get yourself involved with our trusted partnered broker”
true jasper
I always wait 15 minutes before I even start watching for an opportunity to jump in - and sometimes it's not until 8:30 before something presents itself
true jasper
oh dude.. I hadn't for a while - but I submitted my info on a FB lead ad a couple days ago
just to see what they're doing now a days
They're matching deposits up to $500 (can't withdraw the $500)
So he puts me in this demo account because he's got some sick signals apparently
so I log in and there's absolutely nothing. Not even a Fib tool
subtle gorge
...
true jasper
so I'm on the phone with this dude and I said, "Sooooo first rule about sales is to give a preview of the product... and there's nothing for me to do here but make a deposit.."
He was like, no there's nothing in here. I just wanted to get you started with your account. People are trading 6:1 R:R with our signals. You'll want in
true jasper
wished him well with my voice... but when I hung up I was like, "Well - that world is worse off than when I last checked in"
And here's the kicker
the demo account doesn't even give you the ability to paper trade
so even IF there was a signal for me to try out for shits and giggles
subtle gorge
Scammer nowadays man dont even wanna put effort
true jasper
the platform he was selling me on (didn't connect to MT4 [wonder the fuck why]) didn't even let me practice
true jasper
ya huh
upbeat verge
they didn't get included in SP500
i exited all my positions heading into this weekend
hidden moss
Don't know why on the mt4 tesla was listed a 2k until monday
sly token
NFP week = volatility week anything can happen
tall finch
Newbie to this system. Can someone point me to a place where I can read up on some decent strategies that work for people?
wild palm
mess around with the algo settings, it also depends ur asset and timeframe
wise zealot
Newbie to this system. Can someone point me to a place where I can read up on some decent strategies that work for people?
@tall finch get two chart layouts with two charts each, m5 and m15 in one, and m30 and h1 in other. Vwap in m5 for filtering entries. All charts with equalizer.
When you get a signal in m5, try to match it at least with m15 and m30, always stay in the trend
higher timeframes alow you to see levels properly
tall finch
On all TF?
plain epoch
100??? @wise zealot
empty solar
Yep
The oscillator is very responsive
So 100 works fine
It's why I like it so much
plain epoch
any SS @empty solar
empty solar
SS?
subtle gorge
Gnna spend 10 hrs like the usual grind never stop man
subtle gorge
Its the countless hours of it fo sho 🙏🏽
tall finch
I’m planning on using the higher TF scanners for my bias... H4 and daily... and then entry on 1h and m15
@wise zealot nice!!
plain epoch
ty @wise zealot
tall finch
atr to set the tp, and adx for trend exhaustion
@wise zealot you don’t just close positions when opposite signals are given?
wise zealot
you will lose quite a lot of points doing that
empty solar
Yep
tall finch
Does it repaint??
wise zealot
better to take atr minus spread as potential tp
empty solar
Signals in the past getting modified is the most common one
tall finch
Yep
warped nova
I think most people think of repaint as meaning if the signal shows up will it go away? If yes that is repaint. I don't know of anyone that considers repaint to mean once a candle is closed then if the signal changes it is repaint
I mean what does that?
I don't know of anything
empty solar
On the current candle
wise zealot
repainting is, lets say you have a printed signal on candle closed, and then after 3 candles is gone
warped nova
this was informative to me https://www.ea-coder.com/forex-repainting-indicators/
yeah, repainting is bullpoop
empty solar
Yeahhhh that's a good article
Yeah it's a classic scamming tactic
But does have utility
For example our dashboard repaints
Because it needs to delete itself from the previous candle
That's why the warning appears about the repaint
tall finch
Wait a minute... so when I see the Charts... those signals I see... they were not given at that time?
empty solar
Yes, they are
tall finch
Ok
frank geodeBOT
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
tall finch
Out of interest, what is lux based on? MA? Candle stick action?
empty solar
Ok we have a deal. You up for flying to london?
I'd like a nice cream wall color please
tall finch
@wild palm as long as you don’t ‘repaint’ it
wild palm
LOL
tall finch
Im in london too. Where are you guys based?
empty solar
Technically based in East Coast USA
tall finch
Ahh ok
empty solar
But I'm north london
Mack is US
Another Dev in spain
We are spread out haha
Most of it goes back in
hahahahhaha
Maybe some day 😉
tall finch
👍🏽👍🏽👍🏽
empty solar
But we have more cool stuff on the way
tall finch
Nice.
empty solar
I'm not sure how much I can say but we are about to hire one of the most talented devs out there on TradingView
Which is cool and should help us make more cool things
empty solar
of course 😄 It's all to bring more value to y'all
tall finch
😎
vagrant meadow
Ok Gecko where do I go from here? I’ll paint a house for some secret sauce
empty solar
HAHAHAHAHHAHA
You see the big palace in the center
That's Lux HQ
Westminster, London SW1A 1AA
vagrant meadow
SW1A 1AA is a postal code?!
empty solar
Yep
subtle gorge
Lux Million Dollar Quarter Base when
empty solar
Idk where you're from exactly but ik american ones aren't like this
vagrant meadow
In the US we use 5 digits mainly. They’re all technically 9 but we just don’t count the last 4 lol.
empty solar
HAHAHAHHA
in the UK our postal codes are normally 2 letters, a number, another number, letter , letter
HG3 1FR
Like that
subtle gorge
I'm not sure how much I can say but we are about to hire one of the most talented devs out there on TradingView
ay if this happens idc if the price of lux goes 10x
🤣🤣🤣🤣🤣
Jk but thats good news broski!
empty solar
Wouldn't matter since you'd be grandfathered in 😉
yeah hopefully a lot more things coming 🙂
vagrant meadow
ay if this happens idc if the price of lux goes 10x
@subtle gorge That’s why I bought the yearly 😳
NOT RAISING THE PRICE ON ME
empty solar
hahahahaha IPO soon 😉
empty solar
subtle gorge
Tfw u dont want these fake gurus finding out lux
But then again
Even if they do theyd still prob fail in trading
“Alright back to scamming ppl n ask them to blow their account so i get my commissions “ 😭
glossy pulsar
That woo candle
bright mesa
I've been trading/investing for about 15 years, mainly long term stuff looking at longer time frames. I want to try my hand at forex a bit. Can anyone recommend a good platform to use? Also, anyone feel like mentoring me for a bit? Thanks in advance
You can private message me as I figure this will get lost in the conversation
astral wedge
Hello Friends
brazen crystal
hey
astral wedge
Anyone day trading US Stocks
brazen crystal
me
brazen crystal
nice
astral wedge
trying to understand the setup
do you have any recent trade entry based on lux algo
astral wedge
just want to understand how to enter
brazen crystal
it’s all based on your strategy it helped me understand bullish and bearish patterns and price action as well
it made my trading real easy without needing to go through all the factors at once
astral wedge
i do have my strategy but somehow i cant understand with mine and algo signals
maybe i m new
i use 1 min in 9:30-10Am and then 5 min from 10am - 11am
and later 15 min candle
brazen crystal
they have a website and they explain it rly well
i think there’s like a question tab or something it’s rly helpful i used it in the beginning too
astral wedge
let me give a try
hidden moss
they have a website and they explain it rly well
@not.rex#4349 nice! Who’s they? Would like to have a look as well to that site please
vagrant meadow
@hidden moss Rex was referring to the Lux website
hidden moss
Alright thanks
ionic stag
How we all living? Let’s catch these pips starting Sunday
wild palm
doing good.. good luck this week everyone
im one month in with lux as of this week, excited to see what i learn in another 4 weeks 🙂 love this algo
hidden moss
me too, even if it's been only a week!
upper onyx
Algo 💯💯
empty solar
Welcome Erik 😄 Weekends are normally quiet 😉
hidden moss
hey all, my background is in media buying arbitrage. I bought lux and am getting a feel for how to use it properly. My question is on how you all set your stops. for risk management, i assume its best to take on higher risk in longer time frames versus shorter ones
empty solar
There are a bunch of approaches to stops
Some use break of supports
Some use atr
Some use fixed %
It's a whole range, each has a perk
hidden moss
for my US peeps: anyone ever consider opening a foreign corp/bank account for the purposes of using offshore brokers? Specifically, ones that offer 0 pip spreads
agile verge
I hope that’s where the money will make us all rich
balmy canopy
Hey guys what broker should I connect with TradingView ? Any suggestions?
snow oak
Etrade
balmy canopy
Dose it connect with TradingView ?
balmy canopy
Thanks will check out 👌
livid hedge
Hello, how you exchange USDBTC? Used Revolut for it and lost 150$ on fees 🥵
chrome jungle
hey guys why am I seeing different price for USD BITCOIN
on Robinhood and tradingview?
empty solar
Yes, tradingview gets data from different exchanges
Such as coinbase
Or binance
The price would be very slightly different
chrome jungle
20 dollars
different
and how can I trade when for example on Robinhood by watching the Lux script when the prices are totally different?
empty solar
I wouldn't quite call that totally different but robinhoob isn't really known for its accuracy
So on higher timeframes it wouldn't really matter
Because Tradingview gets its data from major brokers and exchanges
For Bitcoin: coinbase, binance ect
empty solar
Well since you're on robin hood you wouldn't want to use <30m
But I'd recommend the 1 hour +
It's easier
chrome jungle
so the bumps that go up 1 down would be updated every hour or?
empty solar
Each candle is produced every hour
empty solar
Have you read through all our resources?
That may clear some things up?
Better than I can explain since there are videos
!resources
frank geodeBOT
Link to our Help Center, many common questions can be answered here: https://luxalgo.com/apps/help-center
empty solar
It's on our resources 🙂
stray heron
Just got added to vip channels, but now the public-chat is gone. Is that on purpose ?
chrome jungle
me too
livid hedge
Guys for Bitcoin and USD trading what you use?
Used Revolut today for it and lost 150$ for fees 🙂
Any advice for first trades?
empty solar
Yeah no need for public chat ☺️
worthy hill
@empty solar : I checked for the forex signals in vip but what’s there doesn’t match for the days mentioned in my algo. Any suggestions / settings I have to alter
empty solar
!visible
frank geodeBOT
Our Discord market scanner alerts all use the following:
- Heikin Ashi Candles
- Default Lux Algo (V2.7 inputs & no toggle options enabled)
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / OANDA / COINBASE / BINANCE
TradingView alerts are set per your exact settings, timeframe, and enabled toggle options at the time you set the alert.
Adding the Equalizer band makes it require more confirmation to register a signal as "Strong".
empty solar
!settings
frank geodeBOT
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
tawny lagoon
@empty solar the lux dashboard shows in above link suggested stop current signal. now i am running it for aapl 5 min and i only see volatility trend current price. am i doing something wrong or my settings not correct. the suggested stop feature is nice but i dont see it. thanks
empty solar
You're using the dashboard lite
Go onto your main lux script
settings
Dashboard
and use it from there
scarlet epoch
Does everyone use default set up for crypto? Sorry, newbie here
scarlet epoch
I would think ETH/USD would be easy. But ETH with USD then sell back to USD.
plain epoch
@empty solar any upcoming discount for VIP members
subtle gorge
snow harbor
hey all. signed up today. I mostly trade options. Does anyone here use lux for options and/or swing trades?
snow harbor
yes few of us @snow harbor
@plain epoch awesome. any suggestions on tweaks for the settings of lux for those types of trades, or just general advice on incorporating lux into options and/or swing trading would be appreciated @vagrant meadow
scarlet epoch
I would love to know the same. I joined today and I’m mainly an options trader also
compact kettle
OPtions here also
hidden moss
Anyone have advice on settings for forex? I'm using the daily chart and have other indicators, but would be nice to compare with others 🙂
livid hedge
Me too will use for Bitcoin USD also, would be great to see best settings 🙂 @hidden moss
hidden moss
🙂 it's nice to be in contact with people with your same goal 🙂
vagrant meadow
For 5m/15m I like 5,2,20. I’ve also had success with 3.9, 1.56, 50 on 4h+1D for more signals. Default settings work fine too if you want better signals but to hold positions longer. I like to get in & out so that’s why I adjusted mine. Tbh that’s my favorite part about Lux is the control I have
snow harbor
For 5m/15m I like 5,2,20. I’ve also had success with 3.9, 1.56, 50 on 4h+1D for more signals. Default settings work fine too if you want better signals but to hold positions longer. I like to get in & out so that’s why I adjusted mine. Tbh that’s my favorite part about Lux is the control I have
@vagrant meadow thanks...excited to see how it goes
glossy pulsar
Another week and another profitable week. Let’s do the most this week guys.
flint hornet
Absolutely... it's going to be my first week w LUX ALGO so got my fingers crossed
tall finch
Mine too!!
glossy pulsar
Also if I was anyone that is trading forex I’ll suggest you take a long break tomorrow because it is Labor Day and is it consider a bank holidayThe market will be moving choppy until the day is over. Just a quick tip I would drop here for you all
flint hornet
Ohk, so just trade stocks?
scarlet epoch
Stocks closed tomorrow, so only thing left is crypto
glossy pulsar
Yes sir but be careful with crypto it be moving funny at times but as long you know what to do then you’ll be fine
flint hornet
can I trade any pair except frm any pair with USD
true slate
you can still trade usd pairs, they just won’t be moving as much as normal
flint hornet
Can you do more than 1 alerts w free accnt... am trying to do alerts with STRONG BUY & SELL
flint hornet
OHK thks
hollow atlas
How do u see the option alerts or golden sweep alerts
rose agate
I would like to know which alerts are for option trading
vagrant meadow
@rose agate any of tickers on their #695668653869236433 channel could be used for options. They just don’t bother with diving into picking exact strikes or expiration dates
rose agate
@vagrant meadow Oooh ok, Cool, Thanks so much!!
charred marten
Anyone have any tips on trading gold and/or ETH?
I can’t figure out a good timeframe for it, and it’s even if using lux it’s so volatile that I lose money quickly because anytime I follow a signal it sees to go the other way. So sticking to currency pairs until I can figure it out. Thanks in advance.
tepid crypt
Someone who’s trading on major currencies like USD,GBP,EUR etc? What settings do you guys have, cause I’ve tried to fix my settings, now it showed me buy, but as I looked, together with my MA, it shows me that I should sell, and suddenly Lux is telling me to sell, it’s a strong bearish.. Anyone who can help me with the settings if it’s working for you?
hidden moss
Try to adjust sensivity to remove lot of fakes
gleaming gale
wise zealot
guys, little trick. Just open an account in markets.com, and you can have 4 charts at the same time, all from trading view, unlimited indicators you can even use renko charts which are not included in premium subscription
enjoy
😎
tepid crypt
@hidden moss what indicators do you usually use to see fake outs and not be fooled?
wise zealot
@hidden moss what indicators do you usually use to see fake outs and not be fooled?
@tepid crypt volume is the best, and then atr
tepid crypt
@wise zealot Thanks! I’ll try them out!
wise zealot
if you have a break with low volume, beware
you can also wait for the candle to be closed and see if it has a long rejection wick
vagrant meadow
@tepid crypt @wise zealot is 1000% correct on that. Can’t hide volume. The default bars on TV actually work really well, plus if you edit it you can enable a moving average. So if volume is below, say the 20MA, you can set an alert when it spikes above it. Pretty neat.
blissful halo
@vagrant meadow what is “tv”? I use volume profile poc levels for reversals on gold, witch work very well
pulsar moon
@blissful halo Its Tradingview
vagrant meadow
^
blissful halo
Oh sorry haha yes i see
I am still looking for a good delta volume indicator per bar
Something like this, but this is ninjatrader
vagrant meadow
I have been eyeing ninja trader but haven’t done anything with it yet. I haven’t seen anything like that before, that would definitely be nice
blissful halo
Ninja is pretty complex
wise zealot
I am still looking for a good delta volume indicator per bar
@blissful halo dd you try delta columns in tradingview?
blissful halo
Let me check it
empty solar
@onyx pike plz no talk in testermonials
fluid cradle
Anyone scalping with lux?
blissful halo
Yes me, gold and dow
snow harbor
I’m sure I’m just missing it, but is there a write up somewhere that goes into what sensitivity, agility, and smoothing are? I’m trying to get a handle on what it really means when I change the values.
blissful halo
@blissful halo dd you try delta columns in tradingview?
@wise zealot i checked it. Not easy to read for me
empty solar
@snow harbor It'll be in resources but sensitivity: Higher means less signals and less fake outs but less responsive. Agility has a similar impact but is very asset dependant and smoothing is smoothing on the signals
fluid cradle
I could use some tips for scalping gold and dow.Keep getting on pullbacks.Timeframe settings.Maybe my strategy needs some work
empty solar
Before Lux could you scalp and make profit?
Because scalping is a high skill thing and Lux is better for the higher timeframes. So unless you could scalp before Lux won't make you a scalping pro. It can give scalpers a boost
But the signals are definately easier for higher timeframes
blissful halo
Now you do!
empty solar
I may explore the renko world
blissful halo
I can say this: can not do without
For indicies and gold, its all about price levels. Not time
I use renko with HA over it
When you go renko, you do not go back. But I can read PA very well on normal charts also
blissful halo
example short trade on dow. 30 points/pips at 28300
White line is poc of volume profile. Red boxes are my S&R levels
This is a bounce trade. But renko is perfect for pullback entries
empty solar
wow I love it - I love to see this stuff and new ways people trade
I shall play about
blissful halo
I invested lots of time in only DOW, and also in GOLD, to know how it moves, when, its levels etc etc. I trade nothing else. This makes me a master of both.
And I am never a guy that says he is good at something. So me telling this here is something
took me many many many hours
strong delta
I use Renko in the Forex market and it cuts out the noise... You can find good sup and res levels. Takes out time and you see PA.
blissful halo
Indeed
tawny lagoon
@empty solar Hi. Can you set up alerts for signals for buy and sell alerts and not just all alerts. When I get sms alert I do not know if it for buy or sell. Until I go look at chart that triggered the alert
empty solar
Yep
You just select buy
rather than "alert any"
Or you select sell
or strong buy or strong sell
tawny lagoon
I don’t think there is that option.
tawny lagoon
This is what I got. (Alert: NQ LUX Alert For Any Action) NQ LUX Alert For Any Action
faint raptor
can you make the combination buy, strong buy, sell, strong sell with one alert?
faint raptor
Let's say you just want an alert on buy, sell, strong, not on any other conditions. You would create a seperate alert with each condition?
faint raptor
Might be handy to implement a combination of conditions in 1 alert, since there are some limitations on amount of alerts for tradingview, and also a bit of a hassle to set it up 1 by 1
vagrant meadow
Isn’t the “alert any” option the answer to your question of wanting a combo alert??
@tawny lagoon if you’re not looking at your chart after your alert prior to your investment then you’re trading solely on the signals which is against the recommendation FYI 👀.
faint raptor
The alert any option alerts on conditions any buy / any sell / any strong / buy / normal buy turn strong / normal sell turn strong / sell / strong buy / strong sell / crossing / crossing up / crossing down / greater than / less than / entering channel / exiting channel / inside channel / outside channel. If any of these conditions are met, an alert is created. Whereas if you're not interested in crossing, channels etc this will create alerts you're not interested in.
empty solar
crossing down / greater than / less than / entering channel / exiting channel / inside channel / outside channel are not included
vagrant meadow
Gecko can correct me if I’m wrong but as far as the “channel” alerts are concerned those still wouldn’t be met because you’re not specifying the channel
empty solar
Those alerts are built into TV
Nothing to do with Lux
any buy / any sell / any strong / buy / normal buy turn strong / normal sell turn strong / sell / strong buy / strong sell /
Are lux ones encompassed by "any signal"
vagrant meadow
Bam 💥
empty solar
So basically if anything happens with a lux signal you get alerted 😄
faint raptor
Oké it looks like my view on the matter was not valid, alert any is indeed the answer to my question
vagrant meadow
Nothing better than answering a question. This group rocks
faint raptor
Cheers for the quick response indeed 👍
charred marten
Where are you guys finding this alert menu for lux algo?
empty solar
!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
empty solar
@faint raptor Pleasure 🙂
limpid hedge
Gecko, just to be sure. If I choose "any strong" I will receive alerts for "strong buy" and "strong sell", correct?
empty solar
Yes sir 😄
limpid hedge
Thanks!
glossy pulsar
Any alerts works well for me because I do my own Analysis with that alert
limpid hedge
I am still getting alerts on any signal for any timeframe with TV for the extended hours... It is so annoying... I hope it fixes it soon
uneven mason
Hey have any of y’all heard of the experimental crypto called PI?
tawny lagoon
@empty solar ok saw you reply understand how to set up except can you tell me if alert should be set as only once once per bar once per bar close. i want to set it alerts and basically be alerted thereafter
magic bay
per bar close
tawny lagoon
ok so once per bar close ?
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
last lodge
My friends do u chose pair, indice, or stock for start. T.A AND WAIT FOR SIGNAL OR WAIT FOR SIGNAL FROM SCANNER AND DO TA after receive signal?
magic bay
It depends @last lodge - I started (years ago) with FX pairs
I began with GBPUSD but really moved to GBPJPY and EURGBP as I found they worked "better for me"
Now I include Indices - having "learnt the moves"
and also some stocks - I don't really use the bot...
(sorry)
The best thing I found is to not keep "jumping" about but study and work with one of two pairs (max)
Once a signal arrives - never blindly take it
Example
last lodge
Thanks
magic bay
I adjusted my settings to find those that work for me - and remove "noise"
Lux is a tool and should be adjusted to suit
faint bronze
@magic bay did u adjust the colors of the eq bands or is that another indicator you have? Also I see you have some white triangle arrows indicating trend change? How did u add that?
vagrant meadow
@faint bronze that green/red band is the ichimoku cloud
Unsure about the white arrows
glass totem
Can I cancel
glossy pulsar
Nahh that’s the ema cross indicator I have it but I don’t really use it like that @vagrant meadow
thin trail
!cancel
frank geodeBOT
How to cancel membership: https://luxalgo.com/apps/help-center#!hc-what-is-your-cancellation-policy-1
thin trail
@glass totem
magic bay
It's an EMA cross
vagrant meadow
Ahhhh. Dang. My mistake.
magic bay
@vagrant meadow I can see why it looks like the cloud 🙂 but it's just the trend strength
crimson hare
Newbie here, question for stock traders. Looking at the Lux Algo documentation, it says "Since our signals are confirmed on the candle close, a strategy that can increase your probability of being on the right side of the trade is placing a limit buy above the high of a Strong buy signal".... so my question, after you see a STRONG BUY, are you placing a LIMIT or a STOP LIMIT at the high of the candle of the strong buy signal?
vagrant meadow
I trade stock options & I do market orders each time personally. But you’d likely do a LIMIT order since STOP LIMIT would be more for exiting a position. At least STOPs with options that’s how you do it, because you’re stopping a loss
crimson hare
Thanks @vagrant meadow .. when we've been trading breakouts, and we think say $10.50 is a breakout, we've entered a STOP LIMIT @ $10.50, so it will buy as it goes through that limit, but if it doesn't breakout and actually turns back over (price down), then we don't prematurely buy with a STOP LIMIT. If we just had a LIMIT at $10.50, and it is trading at say $10.40, then it would immediately trigger the buy order. Make sense? But you've been doing market orders for options ... I get it, maybe coz there is not as much volatitlity?
glossy pulsar
If I’m not mistaken for those who trade forex the market should be moving 🔥🔥 around 7pm
Stocks people will have to wait till tomorrow to eat
fleet stream
Im already hungry 😋
vapid ledge
7pm EST time?
empty solar
hahahahah I don't think so 😉
subtle gorge
Was about to say i always check my girlfriend lux before and after sleeping, this bot finna marry her
🤣
tepid crypt
@tepid crypt @wise zealot is 1000% correct on that. Can’t hide volume. The default bars on TV actually work really well, plus if you edit it you can enable a moving average. So if volume is below, say the 20MA, you can set an alert when it spikes above it. Pretty neat.
@vagrant meadow thanks for the tips! I’ll actually check this out!
glossy pulsar
@vapid ledge yes
wild palm
does anyone know of good resources for writing strategies in pine on TV?
particularly a strategy that is going off of a few indicators on my chart
cedar heart
can i make the bot only show strong buy and sell signals?
oh nevermind
i just found the option in style
@thin trail is there a way that i can save the settings that i have
or do they automatically save cause i have 3 different versions of the alerts
thin trail
yes save as default in bottom left of input settings should do it @cedar heart
cedar heart
ok thank you
thin trail
alerts save per the exact settings / timeframe you have when you set them in TV
blazing pelican
Anyone have and options trading for tomorrow?
nocturne portal
Can anyone help me understand why /ESU is the only delayed chart on my TradingView? Everything else seems to be real-time but this one is delayed by 5min
tepid crypt
Seems amazing, got 17 pip while sleeping, double checked with lux and another indicator I have, both showed what I needed to see before I went to sleep yesterday. let’s get some bread today!
wooden bloom
@vagrant meadow do you have pro plan on tradingview? Do you recommend upgrading to pro plan instead of basic plan?
glossy pulsar
Question who here follows the Rsi rules with lux signals
magic bay
EURGBP just keeps giving...
hidden moss
Just like GJ
magic bay
indeed
gilded sleet
anyone still stuck in long trades?
cyan hemlock
I am stuck in a good way
magic bay
what are you stuck in @gilded sleet
magic bay
oh
hidden moss
anyone still stuck in long trades?
@gilded sleet scalping here, so no, I'm in'n'out
lost hull
vagrant meadow
@wooden bloom I have premium. The free plan doesn’t offer enough to use Trading View long term. The basic can suffice but I started with pro then upgraded. Just depends on how often you’re making changes or saving new layouts
wise zealot
@gilded sleet we told you bro it was still bearish. It won't change unless sp gets back to 3505
Read about softbank and why this is happening
gilded sleet
im down 50% on my account right now if i close out
wise zealot
Well, you can never predict the bottom right? Sometimes you need to think the risks of losing it all vs hope
And hope doesn't go well with trading
Your only advantage is that markets are extremely volatile and any factor or news can put you back up again
But again, it's hope
magic bay
a lovely picture!
fleet stream
Yes it it’s ... how smooth he follows the line ✅
fleet stream
Why u have a strong in there ? Which settings do you use ?
fleet stream
7.5 2 20 ?
fleet stream
Thanks sir😉
magic bay
Example...
You wont get everything... but noise is reduced
I'm happy with just these 😉
who wants to be greedy? @fleet stream 🙂
fleet stream
The white triangle is a Ema cross signal ?
magic bay
it is
fleet stream
This should be also my long entry 👍🏻
Dax is moving pretty smooth atm . Yesterday long since 9 o‘clock today short since 9 👍🏻
magic bay
well in that scenario - you would have won
the DAX has usual moves
if you know when to wait
they will present themselves too you
fleet stream
Yes sure . Ema cross is more FX related
magic bay
I have a multi-instrument chart - saves time
however, requires Premium
but... if you like winning.... then...
it's the cost of doing business
fleet stream
U trade also mostly indices ?
fleet stream
I trade Dax and stocks 💰
magic bay
DAX because it moves big and happens to do so when I have breakfast & coffee
EURGBP because I live in UK so - then news will help me
Stocks - dabble in techs as that's my background... but only secondary to above
fleet stream
Techs ... the big short atm 👌🏻
magic bay
indeed!
I avoid METALS as they tend to whip your ass when you're not looking... and CRUDE I will go to if FX isn't moving... "plan B"
but really... focus is key
orchid shard
Where do you guys trade us30?
fleet stream
Indeed . Gold is a bitch .
gleaming cloak
I trade DAX, EURGBP... as my "go to"
@magic bay What time frame do you use for DAX with Lux Algo?
magic bay
nothing over 15
hidden moss
Gold is very difficult now especially with high spreads
magic bay
usually 5
fleet stream
5 min for entry . 15 min for trend and looking for next bigger support and resistance
gleaming cloak
usually 5
@magic bay do you open position at 8am in UK on DAX or wait and start trading few minutes after the first chaos?
blissful halo
Guys you should use the lux oscillator also, its vert good for confirmation on entry and exit. And volume
magic bay
it will do it again at least once more that day
fleet stream
I do 👍🏻
orchid shard
Yeah which broker that have us30
blissful halo
Me too, but today more focus on it. Its so powerfull
hidden moss
Gilksy, do you have alarms setup?
fleet stream
Trading 212
magic bay
yes alarms
fleet stream
Alarms make live more easy
magic bay
however... when we "used to go to meetings" it would be quite annoying watching "what you could of had"
however, being home working... is much easier
alarms yes
gleaming cloak
yes alarms
@magic bay so are you waiting for BUY signal now?
blissful halo
Dow i already won a buy
magic bay
well... it is likely to go "crazy" again 14:00 - 14:30 timeframe
so let's see!
I have a meeting at 15:00 so may exit by then - just to lock todays wins
fleet stream
Yes NYSE Open ...
magic bay
down she goes again
fleet stream
Depends 😂 0.5 to 1
vivid cipher
What's everyone looking at today?
vivid cipher
That's what I'm looking at rn I'd have to wait until open tho
fleet stream
15 min 👍🏻
hidden moss
I hope you had a small account
gilded sleet
yeah i do
hidden moss
Ideally you should risk 5% as it's money you can afford to loose for learning
magic bay
@gilded sleet what happened to your usual tight SL's
I recall you were usually setting them religiously
orchid shard
waiting the buy signal for tech stocks and SPY
gilded sleet
yea the one time i hold for a bit market crashed @magic bay
really does suck but its my fault
not gonna trade this week, too volatile and emotions probs get in the way
autumn jewel
hidden moss
Ideally when you make the trade, target to have RR 1:3 minimum
chrome cypress
I just signed up for Lux. Would to talk to somebody that been using for spx500
Would like
hidden moss
I don't place any RR 1:1 or 1:2 trades myself
gilded sleet
if i bottom this account out imma just leave it for a while
hidden moss
You will learn with time, just practice with micro lots 0.01
gilded sleet
yea i usualy trade 0.1 or 2
hidden moss
I keep a very tight stop loss
runic cargo
@gilded sleet mate try trading London session on forex some lovely moves you will see look for euro pairs and gbp pairs. Dont be using lots more than 0.05 to start with. I use Mt4 and Tdi indicators 😉
gilded sleet
Yea im on MT4 as well
runic cargo
Sorry mt4 macd indicator
You can see clear when volume breaks the price line is just more confirmation using algo to. The Tdi indicator really helps to
I use this setup mate. All you wanna do is have that much indication your beating your emotion then. That was a move I caught ealier 😊
wild palm
@runic cargo are those default algo settings?
runic cargo
No they ain't i altered slightly
lucid scarab
@runic cargo sent you a friend request, I gotta question
river trench
Hi there, what's the best settings for 1hr timeframe? -New member
empty solar
That will depend on the asset
Depend on your trading style
It's like asking for the best moving average 🙂
river trench
If I'm just gonna depend on the strong sell/buy signal
chrome jungle
hey guys
anybody care to explain to me how the hell did this happen
I bought btcusd
this morning when it was 10000k for one bitcoin
I did this on robinhood
I sold at 10130?
and I actually didnt make money
I lost money what the hell?
ionic stag
spread
wild palm
fees?
novel hull
it charges to buy
chrome jungle
what fees
ionic stag
yeah them brokers make money off every trade u take
chrome jungle
I taught that robinhood doesnt charge fees
ionic stag
they dont car if u win or lose
novel hull
they dont bitcoin does
chrome jungle
so what way can you actually make money with