It's based on Renko
#💬hangout
magic bay
hidden moss
I assume it's a indicator?
magic bay
no
hidden moss
Okay
hidden moss
Alright 🙂
magic bay
it reflects bricks in Renko
buoyant dagger
Ohh I’ll have to research that. Thank you sir.
magic bay
Renko doesn't reflect "time" but price...
magic bay
👀
hazy knot
Let's get this bread today 😤 🤪
blissful halo
scalping hard gold and dow this london open
hazy knot
Hey quick question how to make premarket show on trading view
Doesn't seem to show ticker on some stocks
blissful halo
I have no idea
fleet stream
You can enable extended hours
@magic bay where ? Didn’t find it ?
fleet stream
Settings from lux ?
fleet stream
Must be this ?
fleet stream
Yes
fleet stream
What’s the advantage of it if I enable it ?
fleet stream
Usually I’ve one screen for TV and broker is my Tablett or mobile .
magic bay
...and this is why I ❤️ DAX 😉
fleet stream
Just made it back 🤘
magic bay
from the gates of hell?
fleet stream
Quite normal for indices , sometimes they make strange moves .
fleet stream
My Sl was 13120 . So quite near . When triggered it had lost 50 pips .
fleet stream
Ok , got it
magic bay
now for the push back to 13235 and 🚀
strong candle in play
I shall temporarily be offline
fleet stream
This time pass is confirmed 👍🏻
hazy knot
Trading view glitching? Still not showing pm
fierce lance
Love trading GBPUSD
hazy knot
Oh really ill pay for premarkwt and after hours
brittle basin
@fierce lance which setup did u use?
magic bay
@fleet stream 👀
tough hull
@magic bay i tried ur settings then changed it a little bit according to how it suits me, seems to be working well mate thank you so much
And kudos to developers of this algorithm, works like a charm
magic bay
@tough hull what are you trading?
tough hull
Indices mostly, nasdaq, wall st Uk and DAX, on and off palladium as well
magic bay
😋
tough hull
Any other ones u prefer to trade? DAX was great ive added to it to my permanent list🤣
magic bay
Well I don't trade METALS
gleaming cloak
Well I don't trade METALS
@magic bay what leverage do you have on DAX?
magic bay
FX Pairs - G/J G/U E/G
tough hull
@magic bay Me neither, just one and thats only palladium
tough hull
Does this algo works good on FX? I have never ever traded FX with or without this algorithm
magic bay
It's fine
tough hull
Alright cool i’ll check it out
tough hull
Cool thanks so much, i’ll start with GBPUSD and see how i go with it
magic bay
higher TF
tough hull
30min?
magic bay
and probably need to adjust your settings
tough hull
Or higher
magic bay
current are for TF15
tough hull
I found 15 mins works well with high sensitivity
Do u mind which kind of settings u use for just FX?
tough hull
I will alter it to how it suits me, just need a kick start
tough hull
Rinse and repeat!
tough hull
Cool ill start with higher tf for FX
Need to get my head around it then will use short TF
tough hull
Gbp/usd and EU/USd?
magic bay
yup
tough hull
My platform have 300x leverage on Fx so i avoid it generally
gleaming cloak
yup
@magic bay what is your leverage for FX and DAX? I know you use Renko, is it very helpful for you on DAX, what timeframe?
magic bay
@gleaming cloak 1:20
blissful halo
Renko dax depends if you are a scalper or swinger. If scalping I would go for boxsize 3/30/300 depending on how your broker ofers the dax
swing 6 or higher.
magic bay
👀 🚀
fleet stream
@fleet stream 👀
@magic bay Saw it . Third time price retraces , so I go out 70 points . Hate it when market goes sideways 😤
Maybe after NYSE opening there is more fire in it 🧐
gaunt socket
hey anybody who can explain what a lottery play is and how to make one?
warped nova
a lottery play is a play that has a high percentage of not working out
for example let's say SPY is trading at 341 today and you buy a 336 put that expires today. That would be a lotto play
hazy knot
Up 1243 for week hope everyones doing great! Lux algo ftw!
empty solar
♥️♥️♥️
hidden moss
witch broker u use for trade action like apple n tesla ?
harsh grotto
Should I just be using Heikin Ashi I don’t see the candles optimization thing that was shown in the tutorial
tough hull
2 days in: $846 up
hidden moss
2 days in: $846 up
@tough hull what estrategy you follow for this? can you share?
tough hull
I trade these only these usually which u see in pic, using support/resistance mostly, started using lux signals for conformation too
And signals so far have been more then accurate
Massive thanks to @magic bay for helping me with settings
hidden moss
I trade these only these usually which u see in pic, using support/resistance mostly, started using lux signals for conformation too
@tough hull but sometimes they are so volatile that how you do to quickly look at supports and resistances?
fierce lance
I love Lux
magic bay
@tough hull you're welcome - one big family 😉
fierce lance
And GBPUSD
magic bay
Winners make it happen 😋
tough hull
Yes sir!
hidden moss
Massive thanks to @magic bay for helping me with settings
@tough hull what settings for what timeframes?
fierce lance
GBPUSD with support,resistance and Lux = Holy grail
sweet crow
Yes!!! Waiting on this candle to close for the short. Might push down to 1.276
rancid moat
@magic bay hey which indicator are those 2 arrows called
empty solar
❤️ 😉
wicked phoenix
Hello guys im trading forex
I like to place all my trades with a 30 pip tp and 30 pip sl
It looks like 15 min timeframe is the best any recommendations for confirmations of trades and settings ?
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
!settings
frank geodeBOT
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
thin trail
you can adjust your preferred R:R ratio in input settings and optimize everything to your liking
uneven spear
@ripe pine what strategies do you use. Can you share so everyone learns about it
hidden moss
11% roi in two weeks, this algo is insane
gray pewter
AAPL EVENT
IN 2 hours!!!! AND LUX SHOWS BUY!
empty solar
I think Lux has been speaking with the apple CEO
gray pewter
@empty solar and what he say lmaooo
gray pewter
BRO WHAT
lmaoooo
covert narwhal
lol
fierce lance
Yo this Algo hands down the best
thin trail
❤️
fierce lance
Thinking to myself... hmmm once I start making more profit... should I trade more pairs... or just up the size of my lot in just one pair....
analog onyx
Thinking to myself... hmmm once I start making more profit... should I trade more pairs... or just up the size of my lot in just one pair....
@fierce lance Diversification is always a good option.
fierce lance
@analog onyx I agree. Maybe I’ll just add 1 or 2 more, to total 3 pairs. I tend to only focus on pairs that trends
hidden moss
Trade more pairs 🙂
Personally i don't like the "first i learn one pair" mindset
As i don't think every pair has its own pattern
next parcel
How do I use the lux algo best as I seem to win 4 trades in a row then lost 5 so I’m constantly down, I want to make 10/20 pips a day what’s the best set up? Chart wise and what settings should I have the algo on and what’s pairs shall I trade? Thank you I’ve been using it for 2 weeks but seem to be going around in a circle
empty solar
Seems like a risk reward thing
Winning half your trades should leave you in profit
What R:R do you use?
next parcel
30 pips for a 20pip gain, I’m down atm 60 pips so 3 trades down
empty solar
So an R:R of 1.5?
next parcel
Yes then, is that what I’m doing wrong?
Coz I can’t seem to make a profit even or must be doing sumthing wrong or looking at the wrong chart times
covert narwhal
One is trading view countdown timer
28:48 is the timer to the next candle
@buoyant dagger
buoyant dagger
Ah thanks but I meant the price difference. Should the price line number be the same as the stock price on the top left?
Actually now that I look at it, the price on the right isn’t lined up with the price line, strange.
south basalt
@buoyant dagger because you are using Heikin Ashi candles it is showing a different price. Right click on your chart and go to settings - click show real prices on price scale
primal sand
this apple keynote is underwhelming to investors it appears
buoyant dagger
Yah that’s what I thought but i do have the option checked
And yeah, rip my calls. I hope the iPhone part of the conference brings it back up.
Oh wait..there’s no iPhone announcement this time?
primal sand
no it was apple watch, ipad, and soem fitness stuff
had to drop them calls looking at nflx and roku
buoyant dagger
Yeah I just pulled out as well.
hidden moss
Any tips how you handle all these signals? I have the feeling I am always 1 step too late, I feel I am chasing the signals and the charts... and if I buy on a strong buy signal, it turns into a sell signal... maybe someone have a good idea?
empty solar
Which timeframe?
hidden moss
1 min or 2 min
main prism
@hidden moss i am getting the same issue, im on a higher time frame now 4h , 12h and most of the time when i get a strong buy signal many time the prices move down later on
i am thinking of activating trailing buy when strong signals appear to buy when the prices is the least
hidden moss
Tested today a few times, but my first experience is not really positive... it's nice to see it on your chart but that's it.. so maybe someone can send us some idea's how they trade the signals, when do they step into the trade?
empty solar
1 or 2m is basically gambling
If you weren't profiting on those timeframes before Lux; you won't with Lux
main prism
@hidden moss yep, i was testing on alt coin in crypto, gets really messy due to BTC dominance, i thinking of trailing buy once strong signal is confirmed, https://help.3commas.io/en/articles/3108937-how-trailing-buy-works
hidden moss
@empty solar what timeframe do you recommend then?
empty solar
What do you normally trade?
hidden moss
normally 1 or 2min as a daytrader in stocks, sometimes 5min or 15min
empty solar
Yeah the higher the better - easier for more established trends
coral wyvern
Hello, when a Buy Signal or Sell Signal comes up on Trading View is it posible to get notificated on my phone from Trading View or Discord or something? or I have to be always on the charts??
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
coral wyvern
thank you!
next parcel
So your saying trade on 15/30 min chart as the smaller time frames r more of a gamble?
empty solar
If the timeframes is <5m it's basically gambling in my opinion
empty solar
I get scared when people who have never tried those low timeframes try them with Lux
It's dangerous
hidden moss
Totally agree
coral wyvern
what R:R do you guys recommend?
hidden moss
I don’t use them, but when I started I used 1:1
And when (and if) it reached TP i would have taken half profit and move SL to break even
Basically a manual trailing stop loss
next parcel
Ok, so trade on the longer time frames and once the signal comes up. Set a buy limit or sell limit just under or over the price of of the signal bar? Is that correct yes
coral wyvern
did you use the SL they recomend andrew?
next parcel
Do u use the trade set up? Provide by the lux
main prism
Hi all , anyone want to trade crypto or stocks together ? and learn on Lux Algo together. I usually use higher time frames. 4h , 12h , 1D etc
hidden moss
Well, you can set your SL actually
By default it’s set on 2ATR
I was using 1.5ATR but I’ve found myself doing better with 2ATR
So yes
next parcel
@main prism sent u a message
hidden moss
However I suggest you to find another indicator to help you exit the trade BEFORE you hit the SL
main prism
@next parcel ok 🙂
hidden moss
Lux is really good imo but as always you can’t relate just on one indicator as there is no perfect one... find your combination that helps you avoiding bad trades and fakeouts 🙂
next parcel
@hidden moss what other indicators do u put along side it?
coral wyvern
yes andrew, what other indicators do you use
empty solar
Before Lux what did you guys use?
hazy knot
This is very necessary to have especially newer to day trading
next parcel
I used support and resistance for trade set ups, what do u recommend to have? Along size the lux algo?
@hazy knot how do u use the move ring average? With your trade
hazy knot
Yeah bunch of stuff and lvl 2
next parcel
Can u say what other bits?
hidden moss
Anyone got eyes on and good stocks
Hi everyone! Just a new one here! ;)
What time frame do you recommend to trade to start?
I read about bigger time frames are safer, but what are your recommendations? Thanks!!
analog onyx
Hi everyone! Just a new one here! ;)
What time frame do you recommend to trade to start?
I read about bigger time frames are safer, but what are your recommendations? Thanks!!
@hidden moss Welcome 👋 , higher time frames are indeed generally easier to trade, it seems 15 minutes is often used 🙂 That's what I personally use
hidden moss
3 min, 15 min, 30 min
plain epoch
3, 5 & 15min
cedar heart
@thin trail if u we’re going for credit spreads so a week or so out would u put ur sens above or under 5
stable hazel
@wild palm A Right man. Shorted at the tippy top on that one. Thanks Lux
wild palm
stop lossed moved up, letting this one run 😎
stable hazel
Yep just slightly for me. feeling a little relief and a bit more dumping. I may get stopped out but better safe then sorry.
wild palm
hell ya good trading
tidal gale
I have a TradingView question that perhaps someone can help me with. I'm using the LuxAlgo indicators. I have alerts setup for buy/sell signals for a certain ticker. I have the "extended hours" enabled on Tradingview so that I get alerts beyond the normal market hours. BUT, I'd like to only receive alerts up until 4 PM ET instead of tradingview's extended hours end time of 6 PM ET. Is it possible to modify an alert to a specific time window like that? I'm guessing no, but figured I'd ask.
vagrant meadow
Not that I am aware of unfortunately
kindred forge
Does anyone know how long it should usually take for a buy or sell signal to actually move in its direction, and if it goes in the opposite direction does that usually make the signal invalid or is there a wait sometimes.
thin trail
really depends - in some instances it could pull back and still play out, or it could just move right away.. impossible to say
although, it’s usually best to wait for a pullback
for an entry, as signals are best as confirmation to “look” for a long or short entry
kindred forge
ok thanks
kindred forge
@thin trail one more thing, on the hour chart it may say strong buy, but on the 2 hour it would say sell, how should I look at that?
thin trail
#706894045556899933 <—- see this channel
vapid ledge
@wild palm what are your settings
granite coyote
It there any options to turn on notification if there is a new signal for a specific pair ?
proven violet
why would AUD/USD be considered a sell? it looks bullish to me on the 2hr chart
magic bay
@proven violet hard to say - it's trying to break R...on the 2H however, on the 1h it seems like a drop is coming
gleaming cloak
A nice STRONG start on DAX
@magic bay Hello. What is your Lux setting for 15M DAX? I have different screen with the same timeframe https://www.tradingview.com/x/go5Drx9B/
magic bay
it will have a pop at '60 again
gleaming cloak
3 lots (long) finally closed on DAX ... uffffff
fleet stream
Maybe a little too early . But if it was your target 🎯 👌🏻
fleet stream
Are these yellow arrow from lux ?
magic bay
no - my own crayons!
fleet stream
BTW I’m short since 13215 👌🏻🎯
magic bay
fleet stream
That’s was my entry
magic bay
253
fleet stream
I went in when Bollinger bands startet to open ...
Support broken Bollinger Band starts to open and oscillator shows a clear sell
But normally I don’t use 1min TF ...
But good opportunity for a low risk scalp 👍🏻
fleet stream
Yes , bigger TF is more relaxed . But this was a present . If I see something like that I can’t say no 😂
fleet stream
Short again .. looks like 123 Sell . Don’t know the correct English term for it
I think it’s 123 pattern 🥴
zenith nimbus
What time frame do you guys use for US30?
Was looking forward to scalping it with this
empty solar
It'll be one of 2 things
Either he has after hours disabled
And you don't
Or different settings
But I shall assume it's the first one
merry ledge
I'm trying to get the same kind of clean candles as the livestream of LuxAlgo on Bitcoin,
but the candles are just way more choppy, anyone know why?
merry ledge
Oh okey, thanks
brittle basin
@coral wyvern that’s a supertrend indicator sígnal, not the lux
empty solar
oh yeah hahah
thin trail
The live stream is not realistic, it’s just for demonstration
merry ledge
hahahaha, trust me I won't even try
hidden moss
Any suggestion in setting for BTC 15 ?
warped nova
Grrrr... FB faked me out with that red turn and breaking support. It bounced then broke down again
but already whipsawed me out
covert narwhal
@warped nova Look at the volume and lux Oscillator both confirm not a sell.
drifting lintel
Any suggestion in setting for BTC 15 ?
@hidden moss Looking for some forex help as well
scarlet salmon
NFLX completely faked me out with those first 2 green candles. Goddammit
warped nova
@covert narwhal whatcha talking about? The volume was large on the sell side at first but didn't not follow through
now the next break the volume was fantastic for a sell
first break I did get in early
hidden moss
Hi guys, Do you know when SNOW will go live ?
hidden moss
Thanks @fleet stream - are you able to trade it now ?
frigid thunder
Any suggestions for tweaking algo for scalping
fleet stream
No I can’t open positions right now
junior steeple
what is the most safe/accurate timeframe for day trading stocks?
warped nova
no such thing
reason why is it all depends upon you
what I consider safe may be extremely risky to you
my positions at times can be thousands of dollars against me
To anyone that is new to trading - there is no magic bullet, no magic algo, nor strategy that will work. Really, technical analysis is bullshit. It just gives you something to plan a trade around. You can learn from a mentor sure but even then if you don't master yourself you will lose at this game
there are a million ways to trade
you have to find what works for you best
I am willing to share what works for me but be careful copying it
junior steeple
@warped nova sure, If you won't mind sharing, I'd be honored 🙂
empty solar
Plz no talking in #💰share-profits guys ☺️
warped nova
ah, my bad,
hidden moss
Hey! Thanks for all your replies! I panic to do day trading yet looking charts at 5m or 15m... So I'm considering to invest in bigger time frames... So, what about looking to day frame to see the tendency and then look to 1h charts just yo confirm good entries and exits?
Thanks! 🙂
Is anyone doing something similar?
buoyant dagger
I bought puts yesterday at this signal.
This morning I got scared and cashed out. Missed out on a couple hundred bucks.
Point is, I should’ve trust the lux system lol.
empty solar
Eh profit is profit 🙂
buoyant dagger
Weak emotional hands 😦
empty solar
Better than a loss that's for sure 😉
buoyant dagger
True!
oak carbon
How do I find the new indicator that you announced?
hidden moss
FROG... 5 min TC
@buoyant dagger It's better to get out earlier rather than getting greedy loosing it all. 🙂
warped nova
nothing I hate more than having a winning trade that becomes a loser
plain epoch
@vagrant meadow hows yours today?
vagrant meadow
@plain epoch template went 3-0. The 2 strong buy signals didn’t line up with the rest of it. Puts were the money maker today. I was doing commercial work today & when people are billed hourly they don’t like seeing you on the phone sooo I didn’t get to trade them 😦
plain epoch
oh no @vagrant meadow
Mine did good today
vagrant meadow
@plain epoch 5,2,20 still?
vagrant meadow
Oh nice. Got your own secret sauce now. I’ve tweaked my 5m also.
compact kettle
What are you guys running at for your 5 min ?
I'm on 5,2,50
@plain epoch @vagrant meadow
vagrant meadow
@compact kettle I’m testing 4,2,20 right now
compact kettle
Cool, thanks
night condor
Hey team .. I can’t get this screen to shut off in traditional view . Seems locked somehow . Help!!
thin trail
if you click the black section of chart it should disappear
otherwise if you exit out of that tab and go back it should be ok
night condor
No it keeps comjng back on
night condor
I’ve logged out and back in even
night condor
How ?
hazy knot
So should we trust hour signal as stronger than anything below it?
1 hour to 1 day says to buy tesla still but week says sell
night condor
I’ve hit chart reset and it still won’t go away ?? Not sure what to go @empty solar
@thin trail
empty solar
Did you go incogneto?
vagrant meadow
Clicking the X doesn’t close it?
empty solar
Have you tried on another device?
night condor
It’s greyed out
I will see when I get home to my laptop if it’s still there
It wasn’t on this computer yesterday
analog onyx
Clicking the X doesn’t close it?
@vagrant meadow thats a multiplication sign :3
@night condor use the esc key
night condor
Nope .. thought it worked with each but it came back
I deleted all text I had on charts even Amd reloaded ..
Logged out and singed back in .. still pops up
analog onyx
Strange, this panel only appears when you type a letter on your keyboard, so maybe that the keyboard has a malfunction, its strange
analog onyx
I never heard of this problem, maybe try using a different browser
night condor
Ok
night condor
I’m clearing cache , doing a complete shut down and restart ..
vagrant meadow
@vagrant meadow thats a multiplication sign :3
@analog onyx 🥴🤫
plain epoch
@compact kettle i am on 5.8, 2, 50
fleet stag
Hey guys whats up noob to lux here
Whats up
fleet stag
@hazy knot needed that
One lol any good set up for the 1
Hr.
hazy knot
What you mean?
ebon fog
Had another 8% gain today🚀
vagrant meadow
Share that in #💰share-profits @ebon fog show that off! 🤗
paper burrow
night condor
AuDuSD Jsut spiked .. dispite the alert sent
Dammmmi it snatched 200 bucks from me .. I’m finding a lot of the alerts do that
Followed the alert suggestions for the hell of it
vagrant meadow
@night condor , keep in mind the regular buy/sell signals aren’t supposed to be taken as entries. When you get a buy & purple candles, it’s to showing that there is buying pressure but doesn’t necessarily indicate a bullish trend (vice versa for bearish trend). Lux says to enter on the STRONG signals. Only 1/6 had a strong signal, which was AUD/CHF. It went up 0.00196, unsure how good or bad that is as I do not trade forex personally. But at a quick glance that’s what I see. What indicators did you use before Lux?
night condor
I honesty just went off the alert despite my signals . Jsut wanted to see how they play out .. none of my strategies were saying to sell.. but I wanted to see if I’m wrong
So I don’t get why the alerts can’t be more reliable ? Why send them if so little reliability?
zenith nimbus
Only take the strong buy and sell signals
@night condor also just cuz they send it doesn’t mean it’s instant it’s more of like its coming
ebon fog
@vagrant meadow admins have posted screenshots of me a couple times in the testimonials. Don't want to spam it with a bunch of 5-10% gains lol
vagrant meadow
@ebon fog hahah fine fair enough
night condor
How do u decifer them? Some good aadvice ?
ebon fog
I'm on like a 16 day streak of 3% or more
vagrant meadow
@night condor but you took the wrong signals. You entered on weak signals not strong signals 5/6 times.
Candle coloring and the labels themselves.
ebon fog
@night condor for the stock market I only do short term option plays. Never held more than an hour or two. I usually buy half hour after open, and compare 5 minute candle with 15 and 30 minute. If trend is the same and all 3 line up I make a play
Only had 2 trades out of 30 reverse on me
I think 2 out of 30 anyway lol
night condor
Oh wow .. ok .. that’s awesome
vagrant meadow
Sell signals just indicate negative pressure coming in
But if you went short on those sell signals you wouldn’t have been as profitable as entering on the strong signals
ebon fog
Can't blindly follow lux off one chart in my opinion. Definitely compare different time frame charts. Lux has been by far the best tool I've used
What do you mean?
That's where comparing to other time frames comes in
vagrant meadow
Now regular sell signals CAN turn into strong signals. All depends on your style.
ebon fog
Oh ye, I misread that lol
vagrant meadow
I personally take strong signals on the 5m timeframe when they’re in trend with the 15m. So if 15m is bullish I’ll enter on strong buys, vice versa for selling of course.
ebon fog
Agree. I confirm with a 30 minute chart to be a lil on the safer side
frank geodeBOT
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
ebon fog
Confirming with macd has also been huge
opal bronze
Confirming with macd has also been huge
@ebon fog
How do you compare with MACD and which settings?
uneven spear
i have the one mentioned by @vagrant meadow
gleaming cloak
Hi. Yeah
gleaming cloak
What can we expect from DAX in first 15mins today - UP or DOWN?
fleet stream
Just stopped my short position before 9 o’clock. Guessed it will rise by opening bell 🛎
fleet stream
Waiting 4 a small pullback then I enter 🎯
fleet stream
There we go 👌🏻
fleet stream
U did the same 👌🏻almost same points 🎯
magic bay
@fleet stream of course 🙂
I'm often asked about my "manual" arrows and why I choose those points
performing your own analysis on the chart is important - in my opinion 😋
fleet stream
magic bay
@fleet stream drinks on you
fleet stream
Sl 13120 now so im quite safe 👍🏻
I know TP2 is not realistic for intraday but let’s see what’s happens after hitting my tp1
fleet stream
Yes ! Usually at 12 he teaks a break
gleaming cloak
Result of morning aggressive scalping DAX
magic bay
@gleaming cloak nice
gleaming cloak
Now coffee and relax, no more shaky hands 🙂
gleaming cloak
still thinking 🙂
magic bay
probably another dip coming
vagrant meadow
Very cool!
@dreamy condor is it printing an arrow each time a volume bar closes higher than the previous?
mint crest
Hi. How can we add this volume surge?
tepid crypt
Take’em and run 😂
magic bay
yes - don't look back
tepid crypt
Straight to the atm machine 😂💰
empty solar
@ripe pine Settings are v v personal - depends on your trading style and asset 🙂
ripe pine
Yea I know
tepid crypt
@ripe pine exactly like Gecko said
magic bay
☝️
hidden moss
Dow was a nice run up also....
@magic bay hey, what is your yellow arrow ?
empty solar
He drew it on his chart haha
hidden moss
oh ok XDDDDD
hidden moss
XDDD
hidden moss
XDDDDDD
magic bay
DAX pop!
magic bay
yes - I'm in the mood for dancing romancing and scalpin' (which is unusual!)
Must be the unusual weather
I may dabble some stocks later
empty solar
This man lives on the edge
tepid crypt
magic bay
DAX parachute..... meooow
sweet goblet
Yesterday was my first day using Lux. I still need to play around with it for my options day trading style.
empty solar
Yep for sure you'll need to set it to your liking
sweet goblet
I must say it is very useful for confirmation of trades
empty solar
Hopefully it'll give you a nice edge as you play about with it 🙂
tepid crypt
You gotta give lux like 1-2 weeks to play around with, and test it out
Before you even dare to play with your live account
Imo
sweet goblet
Anyone here also use it for options day trading or options scalps?
I played small yesterday while testing it out
Took two 20% trades
magic bay
@tepid crypt an example stock scalp setup
You would take the strong signals
☝️ @sweet goblet
sweet goblet
What settings you have for that chart? Looks clean
sweet goblet
Thanks ! @magic bay I’ll try it out.
magic bay
@gleaming cloak 🤔 13145
gleaming cloak
@gleaming cloak 🤔 13145
@magic bay 3rd test again NOOOOOOOO
magic bay
😋
gleaming cloak
they have to swipe stop losses lower
gleaming cloak
not bad ... 🙂
steady tinsel
a lot of pressure on Gold. its either gonna pop up or pop down today
(or maybe tomorrow)
magic bay
🙌
gleaming cloak
LONG launched
fleet stream
Maybe
gleaming cloak
DAX please go UP you "£$%^&*
magic bay
eh
fleet stream
Im sorry but I think it’s only small correction
gleaming cloak
Im sorry but I think it’s only small correction
@fleet stream I don't like you now 🙂
magic bay
👀
gleaming cloak
go go go go go
magic bay
🙂
magic bay
☝️
thin trail
W
fleet stream
Good job 👌🏻
gleaming cloak
thanks
next entry point LONG at 13100 maybe
now DAX is going for stop losses at 13205
primal sand
is it time for puts
magic bay
time for wine
gleaming cloak
time for wine
@magic bay in the evening
magic bay
👀 it is almost
ripe pine
Lets go!
gleaming cloak
Prepare for turning point at 13205
hidden moss
fake out
gleaming cloak
wait ...
cedar heart
Y’all just use default settings?
magic bay
no @cedar heart
default is ok for higher TF
it will depend on your setup
FX / indices / Stocks
hidden moss
witch setings do u use for 5 - 15mn ?
magic bay
4 2 20 works
cedar heart
Ayo what’s ya settings
calm pivot
whenever a strong signal triggers, where are you guys setting your stop loss?
gleaming cloak
I am trading usually without S/L. Just I control position all the time until exit, price action is crucial then.
cedar heart
Bro das cap
gleaming cloak
I trade on DAX with leverage 1:200. Stop loss is pointless with DAX high volatility. I did it when I started DAX, 80% trades were closed by hit S/L
If stop loss was to close to BE, boom few candles and game over. If was too far, then it looks horrible, eg. S/L with -£250 for 1 lot. No thanks
magic bay
DAX needs to breathe
magic bay
I watch many newbies add tight SL's... and they watch their account dwindle
it's OK for FX safe pairs
but indices jump
gleaming cloak
but with huge leverage, you have to know how to switch off emotions first
magic bay
emotions 🤔 I'm a robot
ebon fog
Hit my 3% daily goal for like the 17th day in a row
empty solar
3% a day in you'll be a very rich man soon 😉
fierce stag
Lux algo- will work on an IPAD tradingview?
empty solar
yep
fierce stag
How you access the script so lux will upload?
empty solar
It's the exact same as on a laptop or pc
Go onto the app
Click indicators
add lux
fierce stag
Ok
clever fern
anyone have an idea of what is the best settings for a 5min
clever fern
well, I guess, I'm just looking for it not to call out every move. lol
ebon fog
3% a day in you'll be a very rich man soon 😉
@empty solar In the game for the long run🥵🚀
empty solar
Maybe you'll probably want a higher sens simons
That reduces the number of calls
@ebon fog 3% a day for an entire year....
wow hahahah
clever fern
lol, i am cool with 3 percent a week
ebon fog
@ebon fog 3% a day for an entire year....
@empty solar If I could do 3% a day for an entire year.... I'm moist just thinking about it🥵😂
lol, i am cool with 3 percent a week
@clever fern Green is green!
clever fern
yep
wild palm
hows the lux crew doing todayo
ebon fog
I'm 4/4 today. 3 of the trades closed out
slow idol
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
ebon fog
Just made a quick 12% off money invested from the baba sell alert. Closed my ba trade, and I'm now 5/5 today
hearty summit
Hey everyone, I'm seeking some advice here on what you guys think I should do! I bought GameStop GME shares and options, not much though. I bought the option at 6 cents January 2021 expiration date, 20 contracts, and 30 shares
now its up crazy, 77 cents for the option.. should I sell ?
Or wait for ps5 and xbox sales and drop
ebon fog
Can't lose money taking profits
hearty summit
or sell and wait for a drop and rebuy
the algo is on a buy signal now, so maybe wait for a sell signal and sell it?
I've already taken out profits some time back, I had 30 contracts, sold 10 took back profits
But not a big profit lol $180
scarlet salmon
always be happy with a profit than no profit
greedily seeking more gains almost always leads to losses in my experience
ive turned many gains into losses because i got too greedy
junior steeple
I just turned a gain to a loss becoz I was greedy today
but I made myself a promise
tidal pier
i did that mistake way too often. expensive to learn h
compact kettle
have to know how to trade and use LUX for extra confirmation
Personally I'm digging the equalizer band with macd
empty solar
^ You need to be able to trade using your own style
compact kettle
Not really using the buy/sell signals
eager fossil
anyone looking at gold recently
compact kettle
gold dying ?
eager fossil
gonna fly soon imo
compact kettle
Inould say one should know how to trade at least 1 style
need to know how to trade for profit
not just push buttons and hope for the best, is what I was getting at lol
primal sand
do you guys trade with margin?
astral leaf
@astral leaf can’t say I didn’t warn everybody this morning
compact kettle
more currency I think in here than equities
astral leaf
astral leaf
Nothing, purely technical with volume this morning
compact kettle
k
jeez, didn't know you had to enable gray candles been wondering why I never see them lol
stable bridge
!scanners
frank geodeBOT
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
warped nova
is the equalizer band and oscillator essentially measuring the same thing?
@empty solar
frank geodeBOT
Link to our Help Center, many common questions can be answered here: https://luxalgo.com/apps/help-center
wise zealot
How are you guys making money?? Help please?
@tall finch use donchian, ema 20 and 50, or any other filter like BB. Wait for retracement and back in when candle closed turn into direction of trend
tall finch
@tall finch use donchian, ema 20 and 50, or any other filter like BB. Wait for retracement and back in when candle closed turn into direction of trend
@wise zealot thansk bro... I feel like giving up. I’ll back test that tomorrow.
Are you using default settings?
fleet stag
Hot do I add the Swing Highs/Lows & Candle Patterns script
wise zealot
Are you using default settings?
@tall finch for m5 and m15 5,2,50
M30 and h1 default
Any doubt send me pm
tall finch
Thanks bro!! Truly appreciated
analog onyx
Hot do I add the Swing Highs/Lows & Candle Patterns script
@fleet stag Easiest way is by adding it to your favorites, then you can add it to your chart by going to indicators -> favorite, you will see the name of the indicator in there, just click on it.
fleet stag
@analog onyx I did that but it does now show 😔
gusty dew
Try going to Indicators and in the search area paste the text: Swing Highs/Lows & Candle Patterns
thin trail
^ yep should show via search as well:)
indigo gate
Hey everyone, just signed up today
empty solar
Welcome 🙂
long cove
Does the Swing Highs / Low indicator repaint?
long cove
Ok, I was going to say pretty impressive!!
proper maple
Anyone have a favorite option day/scalp trading platform? I’ve made a ton on robinhood my first few weeks but after paper trading TOS its a completely new world. I’ve heard some iffy stuff about TOS though. Also looking into IB and lightspeed
brittle basin
Its Apper later
thin trail
Yep it’s for plotting the swing points in retrospect and seeing the candlestick pattern, as we mentioned @brittle basin 👍
brittle basin
thick agate
Anyone use this ? Can they tell me what the different numbers mean on the bottom. Also the time frames ? Any insight would we welcome to a newbie learning the ropes. Thank you ❤️
gusty dew
Just signed up today. Excited to start day 1-min trading with LuxAlgo indicators. Any thoughts/feedback on my setup would be much appreciated. Market watch is on the left.
vapid ledge
!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
limpid hedge
Just signed up today. Excited to start day 1-min trading with LuxAlgo indicators. Any thoughts/feedback on my setup would be much appreciated. Market watch is on the left.
@gusty dew be careful with 1 min trading. I do not know anyones that is successful with it lol
Concentrate on the bigger time frames 15/5/3 and do not even look at 1
gusty dew
Thanks for that. I have had ups and downs with 1-min and have been failing lately, I think I was more successful because the market was constantly going up a few months ago. I'll take your suggestion. Thanks!
slow prism
!scanners
frank geodeBOT
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
uneven spear
quick question, does your margin account needs to be above 25000$ to get away from PDT rule?
patent tide
uneven spear
thanks @patent tide
vale ether
Australian brokerage recommendations for trading view? People happy with FXCM? I've use pepperstone a bit for Mt5/4 but obviously it won't play nice with TV
buoyant dagger
What’s everyone using for getting different points to take profit at?
Or do you just have preset goals you each set before pulling out of a winning trade. Or just hold on till signals points to sell?
fleet stream
Good morning everyone let’s finish the week STRONG 💪🏻
hidden moss
!scanners
frank geodeBOT
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
magic bay
💋
fleet stream
So much Love in here 🥰
warped nova
Christmas?
hearty marlin
we nee to be premium for have this indicator
empty solar
Nope
limpid hedge
Hello. Is anybody using the TDFI indicator? Could you help me set up alerts for it?
hearty marlin
sombody can help me to setup Swing Highs/Lows & Candle Patterns
thin trail
@hearty marlin - add it to your favorites from the link in #👀luxalgo-news and then it’ll be in your Favorites under indicators when ur on your chart
nimble glade
plain epoch
@vagrant meadow perfect today on SPY
long cove
@plain epoch , what indicator are you using at the bottom of your chart?
plain epoch
@long cove
long cove
@long cove
@plain epoch Thank You! Any specific setting that you recommend?
plain epoch
just default @long cove
long cove
just default @long cove
@plain epoch Great, Thank you man 🙏
vagrant meadow
Yep!
empty solar
That candle looks like a 🦄
thin trail
stop sharing @wild palm ur gonna make me FOMO
wild palm
lol
thin trail
i had a good mindset when i took my profits
wild palm
after i scalped 80% in about 10 minutes i decided im done for the day lol
thin trail
i was like... if it goes up way higher, idc i just made stupid amounts of money
but now seeing it look like that
man....
thin trail
🦄 🥺
wild palm
can't go broke taking profits ¯_(ツ)_/¯
thin trail
what if a massive euphoria crypto 2017 AMM liquidity FOMO glitch happens and it goes to $40
this could happen.
wild palm
i dont understand much about the token or ecosystem
wild palm
as long as there's demand
thin trail
like literally one of the only cryptos i'd ever hold
wild palm
AHHH IM GONNA FOMO
thin trail
🤣
thin trail
i am gonna wait for an entry at mid $4 range
and probably get rekt just like all the people waiting for lower Ether price when it was at like $5 thinking it's too high.. then it pumped to $1400
most likely situation is something like that imo
but we will see
wild palm
eth 2.0 coming soon too 😉 should help the network run uni
https://www.tradingview.com/x/LOfg8Vyf/ im still trading ranges until we break this daily band
thin trail
yea this UNI is high tbh and bad to chase at $7 lol
wild palm
ya i feel like if i buy now it drops 20%
thin trail
$7-$8 was my target
thin trail
It’s the most active DEX ever
and they just released the token with the airdrop to all their users to give them governance over the platform
uniswap is just known as the best & most active DEX in crypto basically so there’s tons of hype around this one
wild palm
true that makes sense
thin trail
extreme confidence from people buying it because they’re the only project that’s ever become massive without a token, and then launched a token once already established & truly functional
wild palm
do you use the liquidity pools?
thin trail
and then that mixed with people getting their free UNI, selling it for a quick $1.5k and then realizing it’s actually valuable and buying back
do you use the liquidity pools?
@wild palm no i don’t really indulge seriously in the space, ive just messed around and research it sometimes
wild palm
thats fair
the liquidity pools seems like a really neat feature for a DEX
you clearly have a strong understanding of the fundamentals though
thin trail
yeeee
analog onyx
boss teach me crypto and I'll teach you DSP 🙏
tidal pier
i hate making money... i didnt short BTC at 10941, that must be the only reason i didnt short it... or i'm stupid ;/
thin trail
@analog onyx deal
wild palm
@thin trail i may have slightly fomo'd
wild palm
no entry at 7.6
thin trail
holy shit
wild palm
idk man its sketchy LOL
watching like a hawk rn
theres about a 20 cent difference on spot versus perps, the spot is getting eaten every time sell walls go up
its like a leading indicator
buoyant dagger
The hell, I just 10% in like 10 minutes on uni lol
thin trail
that is telling there is serious demand and selling pressure on the perps lol
buoyant dagger
Made 10% but it’s super volatile.
thin trail
which is likely more upside
wild palm
2020 = 2017 v.2
wild palm
hey you used before sept 1 🤣
thin trail
ahaha thats just a tiny fraction of the profits that could be rn if i held LOL
wild palm
buoyant dagger
Hindsight is always 20/20 🙂
thin trail
wild palm
LOL
empty solar
oh caens
wild palm
thats not mine
thin trail
yea lol the liquidity providers got extra
buoyant dagger
Jesus.
thin trail
and some big users of the platform got mega rich from just the airdrop
buoyant dagger
I wanna get out so bad.
empty solar
@buoyant dagger In my experience the moment you are happy and getting euphoric is the time to take the cash
wild palm
^
empty solar
And this looks ripe for harvesting
thin trail
what a project tho honestly like holy shit they gave like 50,000+ people a free 400 tokens = $1400-$3000 which they could all cash out and sell
yet the token still just did a 3-4x past 24hrs
this is one of the craziest things done on the internet in history imo if u really think about it
wild palm
a good portion of large liquidity providers woke up millionaires
yeah its pretty insane honestly
thin trail
oh fduck
wild palm
certainly lots of room for growth on this token
buoyant dagger
I’ve been trying to sell lol
thin trail
😎
thin trail
and the best part
buoyant dagger
Jesus binance sustem is pretty shitty
gray pewter
LAST TIME TESLA SHOWED THIS IT WENT UP 200$ DONT CAP. BATTERY DAY COMING 9/25
analog onyx
@gray pewter Great to see you using the percentile nearest rank free script we posted 🙂
junior steeple
do you guys think if tsla will gap down or up on Monday morning?
junior steeple
tsla dumping
big big resistance at 450, then even a bigger one at 460 that I can see
scarlet epoch
Battery day and 1 million mile battery announcement
warped nova
which is all very known
could be a sell the news event
seems like a lot of people are on the buy side of tsla for this event
primal sand
it would make sense for them to dump the entire bag on us battery day and bubble pop but i have a weird faith in elon musk that somehow makes me question both myself and the universe so im holding
if it sells off much more i can see buyers pouring in so hope it goes up but my calls exp friday
wild palm
anyone still riding the UNI rocket? 😆