#💬hangout
1 messages · Page 246 of 1
he's a beast
@empty solar i dont know how yu got to that page
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
got it thanks so much
Gecko, in the interest of more room on my laptop screen I turned that top line off.. now I can’t find it back...how do I do that?
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
The lux algo line which allows you to find the s/r
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
No. Before that...
Before that?
The line on the screen that lets you right click to find the lux algo 2.8 screen...
ummm I'm confused what you mean... A line?
Do you have a picture?
Of what you mean?
i think he means all th enumbers after de ... from the lux algo script
Ohhhh hide and show all those random numbers?
i have wondered how to hide them actually lol
To get the pop up you showed you first had a little box or line that you right clicked on...
Yes
No
I don’t see the bar you just showed...
That’s hard. Working on laptop. Talking to you on iPhone. Traveling...
Just can’t find that white bar...
Just can’t find that white bar...
@raven cosmos you have to hover to the indicator title, then you will see all the options appear
Another way to enter the settings of the indicator is by double clicking on one of the indicator elemente, like a plot or label
Sorry. Still don’t get it. Can I phone someone...?
Do you see signals on your chart?
Yes
Then chart settings come up, right?
Yep
And then..,?
But I don’t see the lux algo settings with s/r
us30 is so stupid
I need tons of capital to trade it
I have circled it a few times
@raven cosmos
But I don’t see that whole black box...!
Forget it... I’ll do it when I’m back in the office...
Or is there a number I can call, Gecko? Not back in office til November...
We don't have a number but I can help you here
All I need is a screenshot
Just a single screenshot
Of what you see
Ok. To do that I think I’ll need to get Discord working on my laptop first. Might take a bit... thanks for your willingnesss...
Here you go, Gecko...
ok...then I saw about 5 lux algo lines. chose one, now I see S/R....
i see about 5 different lines of support... is that right?
okay...thanks a lot... very helpful...and patient 😉
thanks too to Destiny and others who tried to help... sorry for being a bit slow this morning...
Can someone tell me what grey candles indicate plz
!terminology
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
👍🏼
Does anyone have any good generic settings for 5m and 15m charts for scalping? Can you DM me pretty please?
generic settings for scalping ain't a good idea
Very very asset specific and time specific
If you like to scalp you'd want settings for each asset and time
- Use oscillator
forex 😄
lets narrow it down a bit
haha
really im just looking for a good starting point
Starting to see what they mean, seems stocks and larger money is closer to stock settings, but forex seems like it needs to be quicker, I'm still playing around myself.
Yep exactly bctd
The defaults are best for stocks I think
Forex is a totally different kettle of fish
any suggestions?
my forex setup:
15min chart
Lux settings: 6.5 , 1.95 , 27 (grey candles enabled)
Take every signal (signals are reduced due to the settings) and stop every trade after two grey candles,grey+purple candle,or an opposite action signal. Don't take signals on grey candles. You will have many losing trades,but you will be able to catch some big moves,in which you will profit a lot more than you lose. Here is a trade I took yesterday on GBPAUD:
any suggestions?
@zinc shale I've been playing with upping the sensitivity first. Going to start on the rest over the weekend. As well as checking to see if maybe a pair or spx/xua etc that trades on forex is a little better. Seems I usually get chopped out of any big moves.
Wow thanks guys! Really appreciate it
Also for scalpers, highly recommend reversal zones
and oscillator
Really powerful for TPs
thanks will have a little play around
how do you get those things?
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
Can anyone help me with their settings for gold?
Hey Gecko,I hope you guys never stop Lux. I mean my trading is almost automated with me touching a button every once in a while. I created a very powerful and profitable strategy around Lux. Hope this thing never ends
@oak carbon As long as there's one person using it - we are here 😄
@empty solar I was hoping that no one else knew about this,but me haha
my forex setup:
15min chart
Lux settings: 6.5 , 1.95 , 27 (grey candles enabled)
Take every signal (signals are reduced due to the settings) and stop every trade after two grey candles,grey+purple candle,or an opposite action signal. Don't take signals on grey candles. You will have many losing trades,but you will be able to catch some big moves,in which you will profit a lot more than you lose. Here is a trade I took yesterday on GBPAUD:
@oak carbon Thats good bump right there! Any pairs you've seen it works better on?
I trade only 4 pairs : EURUSD,GBPAUD,NZDCAD,USDJPY
nice
Took me a bit time but slowly i get around whit luxalgo . This whil be my 2e month have more trust how to go . Thx
how have you setupyour alerts @oak carbon ?
any buy and any sell
on every pair. you have to pay for a pro version to be able to have so many alerts
no,you must set alerts to lux,not the pair itslef
lux -> any buy
lux -> any sell
ahh
for example
yes downleft for me
lovelyonce per bar close yeah?
nice
Hi Georgi, do yo mean once per bar ore once per bar close?
ONCE PER BAR CLSOE GUYS
yes not confirmed if not closed
oke thanks guys
anyone else having trouble with alerts not matching graph alerts?
i had some miss but now it's fine
nope,everything works perfectly
@oak carbon Georgi the pairs you now trading one, also 2h timeframe?
@coarse zinc I just had an alert post strong sell on 5m ZM chart and no marker showed up on the chart unless its the alert for the marker at 1:45 in which case its very delayed
Honestly alerts should 100% work
99% of the time it's the config from the user
or it's misunderstanding the alert being using
idk what im doin wrong then
any sell should alert sell or strong sell right?
yep
that are displayed on the chart
one thing i am seeing creating alerts is you can set the alert against specific exchanges
my chart looked a little different because i was looking at the chart from another exchange
Thanks @oak carbon I am going to backrest and try your forex strategy
If anyone else has any scalping strats lets share and get some good scalping action going
!terminology
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
what’s source ohlc4 and close? anyone knows? Like I know what close is, I guess it’s candle close.. but what’s ohlc4?
open high low close /4
Do lux have indicator for HH, LH, LH and LL... I see some use this on there chart in one of the screenshots ppl posted however not able to get this on settings
Do lux have indicator for HH, LH, LH and LL... I see some use this on there chart in one of the screenshots ppl posted however not able to get this on settings
@devout hornet its a free script we have posted here https://www.tradingview.com/script/yxEJ4Dxw-Swing-Highs-Lows-Candle-Patterns/
@analog onyx thanks for the info... sorry how to add this script? Is there steps or video to do this please guide
Got it thanks figured it @hidden moss and @analog onyx
does anyone know why the trading view is kinda delayed on showing the price of the stock?
I saw Strong mark at 27.10 and moved on to my webull app to buy the stock and it already went up to 27.40 when the tradingview still says 27.10
apparently today it was a lil slow
ok thannks
Could someone share their lux algo settings that they have been fairly successful with trading options? I'm using 5.9/1.9/20 and have been just observing for past couple days. Would love to know how folks are customizing.
what time frame are you using @ashen cradle
I usually stick with 15min and 1hr @plain epoch
I need help with these settings to trade forex
help with what ?
I’m not getting notified on buy and sell signals
You need to make the alert
It is selected but I don’t get much signals daily
find this
to make an alert
then you have to setup it as you want ( any buy/ any sell / any strong / etc ... )
For anyone who has reset their PDT on Webull. Do you get three day trades again the day you get reset?
Just wondering if anyone knew
@violet grove , decrease your sensitivity & increase your agility if you want more signals. It’s a relationship between the settings.
Too high sensitivity value
@violet grove
Thank you @vagrant meadow @quartz holly
So when am I getting a link for the script?
So when am I getting a link for the script?
@river gulch did you purchased a membership?
Yes :) I got just a response through email
!guide
Quick link to our User setup guide: https://luxalgo.com/apps/help-center#!hc-user-setup-guide
You will find the scripts in the invite only section of the indicator menu
But I didn't get anything to add in? Am I missing something....🙃
If you don't see them in the invite only section then it means you don't have access to them yet
You will be notified once you have access to the scripts in tradingview
I never gave you guys any info on my trading view stuff though..? So why would it be their
@river gulch email your TradingView info to them
You get access to the scripts from there
No just your username
Yes, in the checkout you must give your username
If you did it then you will gain access to the indicators
Uhm
Guess I missed the part that told me to include a trading view username...shoot.
Ok
So what should I do now..
email support@luxalgo.com
It'd weird, as it shouldn't be optional, well send a mail to support with your order number
And give them your tv username
Shoot I don't even have an account yet. I don't think..... 🤣😅
I'll go check that, and then reply again with the username....totally missed that
After signing up, please allow us around 8 hours to grant you access to Lux Algo V2 on TradingView. It's a manual process by our team. Although, typically during the day, (EST) full access is granted much quicker and you'll receive a confirmation email with further instructions.
If you provided your Discord username during checkout (optional) you'll receive the VIP role at the same time. If you still need access to our VIP Discord alerts after signing up, send an email to support@luxalgo.com with your order number and Discord username and we'll take care of it as soon as possible.
That’ll answer any further questions you have regarding your access , I’m not admin but feel free to “@“ me if you have a question.
Oooooooo......I did read that 😬
Shit
And totally, thanks for walking me through that
Thank you.
Just did a Re: on the email...hopefully that's okay:)
I’m sure it’ll be fine. Cool part is that even though the admin here don’t actually run that email they’re great at relaying the info over.
Can I paste my username here?
Alright:)
did you mean your TV username?
I guess I'll just check in on that account later? And yes
Alrighty sounds awesome!
Is it possible to get the script on tos? Or just tradingview?
Just TradingView for now
Alright and this scanner 🤔 where would I find this
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
!guide
Quick link to our User setup guide: https://luxalgo.com/apps/help-center#!hc-user-setup-guide
if it’s green lock, that means unlocked
if red lock @river gulch - email support@luxalgo.com with a screenshot of your TradingView username as we likely have the wrong one
Yay you are all set up
You guys see the new iOS update? You can tap the back of your phone two or three times to make it do whatever you want. About to make it open up trading view lol 😂
!list
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 V2.6 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!
Y’all use default settings ?
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
I liked the old support and resistance line setup better is there any way to add those again with the software update or are we stuck with the predictive support and resistance lines?
@hidden moss Gecko shared it in this chat yesterday or the day before. If you scroll up you’ll find it. I tried searching TV for it but no luck
To whoever demonstrated the Absolute Strength Histogram; thank you. It’s been the magnificent confirmation tool to help me trade. 👌
are these numbers the number of bars ? or what else ?
Anyone use the trade setup option? If so any luck with it? The take profit seems to be a little aggressive to me...
are these numbers the number of bars ? or what else ?
@hidden moss they are the period of the indicator used as directional matrix mode (Sma, Wma, Linear regression), more info here https://www.tradingview.com/script/hefeKydL-SMA-Directional-Matrix/
Anyone use the trade setup option? If so any luck with it? The take profit seems to be a little aggressive to me...
@brittle quail You can change the R:R ratio if you want, you can also use the reversal zones as trailing tp's.
Face Palm I didnt scroll all the way down to see that....
Does anyone prefer using traditional candles compared to Heikin Ashi? I read on the lux website that, when using proper settings, they are nearly identical.
I started with traditional candles. After some research and some time ( too much time) staring at charts I now prefer Ashi. Disclaimer I am a newer trader
Some old timers use it too ;)
What is a good broker to use for trading forex as a beginner
I use Oanda. I used the Demo Account to learn the basics and get my feet wet. They seem pretty straight forward and easy to use. Disclaimer. I'm new and might not know what I am talking about.
@empty solar @brittle quail thanks for the replys. Been messing with both for a few days I might try using HA today and see how I like it.
I started with traditional candles. After some research and some time ( too much time) staring at charts I now prefer Ashi. Disclaimer I am a newer trader
@brittle quail OLD SCHOOL TRADERS ARE AGAINST IT but hey whatever works for you. I love it. I dont use it alone i use it with normal candles
!visible
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".
i trade miners anyone
Wondering where I can learn more about channels and using alerts for this...?
!scanners
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
!scanners
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
Hey traders, I’m new to lux algo, anyone willing to share with me a day trading confirmation checklist to enter trades with lux algo settings and timeframe? Thanks 🙏🏾
@warm kernel I msgd you I'm down
😦
This is why we @ vip in the scanners
Locked in
😘😘😘
Paid for a couple months of lux if this keeps working
First trade with lux too...so far I'm impressed
15m chart
with algo v2 premium that's it ?
Yes
I've also been trading for over 4 years...seriously trading for about a year and a half now
That's awesome
nice
I made two positive trades out of three with each 100% returns
the one loss was 20%
im starting to master the algo
i can see signals before they come lol
i take more risk sometimes and will enter before it signals
and bank
can you give any tips for beginners with the algo like me ?
How long do you normally hold?
and i go in on strongs that line up with reversals on the oscilaator
i hold until my edge gives me reason to sell
awesome I see confluence of strong signal and oscillator
i do have balls
i lost a lot with those balls too
but
i improved
with algo
earlier i trusted my edges
same with me man i had a few huge losses past year many good trades but w Algo seems promising
i got into ilmn
wait... balls?? now i am hungry
was down 230
ended up seeing my edge and felt itll go back up and it did
ended up taking $10
not big but still
options are tricky on fridays
due to theta
Bought at .20
@river gulch which contracts?
Spet 30th 331
Kinda salty
Ngl
Now they are at 1.12
Left 400 on the table. Crazy part about this trade...is I risked under 300
And so far....if I stayed the payout would have been 600
From 200 dollars of risk
Nuts
using 15m @river gulch ?
Yes
Paid for a couple months of lux if this keeps working
@river gulch what settings are you usung? Default ?
!resources
Link to our Help Center, many common questions can be answered here: https://luxalgo.com/apps/help-center
are there any good tools out there to put your trade entry into to keep a close eye on the ROI %?
found one 🙂
profit/loss = ((sell price - buy price) / buy price) *100
Yep just the default settings
how’s the OANDA broker? Anyone any reviews?
how’s the OANDA broker? Anyone any reviews?
@rancid moat OANDA is part of the brokers we recommend to use
okay okay
@empty solar u think cold war is gonna be good or nah
@river gulch can you able to share some screenshots with @ocean snow and i?
Screenshots?
A lot of whipsawing this morning on spy made it tough to trade but later it got easier
Run the 3 line vwap @buoyant dagger
The default one built within tradingview?
Which timeframe @bitter gate
@plain epoch @ocean snow
And where that arrow is...that's where I bought the dip for the continuation
those who trade bitcoin eth and other main cryptocurrencies, which timeframe has brought the best returns? have you changed the settings ?
nice nice @river gulch thanks mate
Yeah no problem.....I didn't change anything, just let luz drive the boat
@buoyant dagger what is the name of the first indicator you have on your chart?
@drifting basin
Thank you!
what is best broker for scalping forex?
hello everyone, happy day
what is best broker for scalping forex?
@cloud condor #704043568079306802
Ty
How do you use it this VWAP StdEV BANDS?
Vwap is all fun and games until after hours
is there anyone here using ICmarkets?
how does one avoid getting in such bad trades with a strong signal ?
the last strong signal was a bit misleading
To learn more about Entries & Risk Management with Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-entries-risk-management
Means that strong isn't valid
I understand but it is the fifth one I am getting like this...
Ijust did not want to spam the chat ....
the strong is red though? doesnt that mean its a strong bad signal
We say on our site, don't enter until wick is broken
And the low wasn't broken
So it isn't valid yet
Andddd
The signal may still play out
I got out was losing 120% no way I stay in this trade
I know mate
whats the issue?
I got in the second wick got rekt on the third
i assumed that given the strong signal the downtrend will maintain but it turned around ... it might go down still but losing 120% is rough.
It is a lesson for next time
Use a lower timeframe for entry
Will help you
So you see strong sell on 15m
Go to 5m to look for entry
@devout bronze i didnt realize you were doing futures my bad mate
Sounds good Gecko thanks
that sounds interesting
Is there any way to get the old support and resistance lines from version 2.7 or do we have to continue with predictive in 2.8?
@empty solar thanks
Hi y'all, i am having a question regarding BUY and STRONG BUY signal mixup. Here's ZM chart from yesterday where the stock shot up in the morning but lux triggered just a "BUY" signal and no follow up strong buy signal afterwards as the trend continued (highlighted in blue). But later in the day there was another run (not as strong) but this time STRONG BUY was triggered (highlighted in red). I am using the standard signals (4.25 - 1.95 - 20). Can anyone advise what should the settings be to adjusted to catch intraday stock momentum trends?
hey @inland vale yeah it’s really impossible to exactly capture every move correctly as such like that
the definition of Strong Buy can be found here:
!terminology
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
it’s just like a normal buy, but a higher probability of a bullish trend in tact
I understand. But what puzzles me is that BUY wasn't followed with a STRONG BUY as that early morning trend (blue) was at least 2x stronger than the later in the day trend which actually triggered STRONG BUY (red).
The Buy turned into a Strong buy once candles turned green @inland vale
Shouldn't the label turn into STRONG BUY then? I played around with the settings and I could get STRONG signal with 4.5 - 1.95 - 20. But not sure if this is a good idea. any thoughts?
Label doesn't change but if green candle then it's strong
It can be just "buy" and then confirmed into "strong" without label if you see green candles
no, it’s based on candle coloring @inland vale 👍
so you’d detect it by seeing the colors turn green
Thanks. Just to make sure - I should wait for a full green candle after "BUY" is triggered? so in this case, the 3rd candle to enter the trade?
You could, yes - but there’s no set rules in terms of that really as signals aren’t meant to be followed blindly @inland vale
they’re meant to be used as extra confirmation
Testing this, Thanks for adding me!
Thanks @hidden moss and @thin trail . One more thing - Predictive S/R seems to throw off the candles look and feel as they look pretty flat when S/R is added. Any workaround you would recommend to make the candles height look normal?
LUX is the algo. YOU are the processor.
Is there any plans on putting a multitime frame flags or tabs that showing buy/sell from the different timeframes?
I have to check it out
Cant wait till tomorrow night on the Asian Markets
im already set up and ready to go
whats the play?
Should be a nice week for GBPUSD
Lux if I have already been paying can I still get the 20% off
Afraid it's only for upgrading plans
Buy maybe turn into strong buy if line is broken?
Could also dive hard if resistance bounce
Yeah
🔥
Ill be focused on EURUSD and EURJPY on Monday, keeping it tight on the scalps if need be but after Monday ill go for the longer plays
I just looked at Market events for Monday, jeeeeeez, there is a Ton
Alright guys, have a good night, going to go grab a beer
have a good night 😄
@thin trail just purchased the 3 month. Had such good returns so far, I spent a couple@of weeks on demo now going live 🙏🏼🙌🏼🙏🏼
Awesome @near void so glad to hear that, you’ve been killing it 🔥🔥🔥
@empty solar when you talk about the wick being broken do you mean the next candles body coming past the previous wick?
Should I be afraid once the candles have been chillin in the red reversal bands for a while lol.
Holding on to the strong signal for as long as I can. I wanna see how it plays out.
Wassup wit it (:
How do i get reversals to show up?
How do i get reversals to show up?
@hidden moss the reversal zones can be enabled from band modes
Does any one actually use TradingView to Trade or do you all use your other platforms and go back and forth between screens? 🤔
i go back and forth
Other platforms to trade, but trading view to chart
@analog onyx where are bands at, in settings?
@analog onyx where are bands at, in settings?
@hidden moss yes, you will find band modes in settings
ok ty
No, to access the setting of an indicator on the app you need to tap on the indicator title, then a gear symbol will appear, tap on it
An easier way to access settings is to simply double tap on any element displayed by the indicator, such as the labels
Just upgraded my monthly plan to quarterly plan... I did not find the place to apply the code Flash20 or is it already applied on the price?
I can’t trade on tradingview, even though am using Oanda as my broker, anyone els has the same issues?
market's closed.
Anyone do options here?
I do sometimes
Anyone do options here?
@pseudo totem i started to
Dope. I do options so excited for Monday how this Algo works.
Hi guys, if we cannot trade afterhours/premarket, should we turn "extended hours" on TradingView off? So we don't get signals during these hours.. or do these signals still show i.e. first candle on new trading day? Any recommendations here?
If you trade after hours you should turn it on
But if we don't trade, is it better to turn them off?
Will it affect the signals we receive at al?
Yep it affects the signals slightly
What timeframe do you trade?
Hell yes. Thanks for releasing the original S/R levels script to the public. Already dialed into my charts. ❤️
❤️ pleasure
Enjoy
And of course we added breaks
and volume breaks
A little extra spice 🙂
volume breaks?
yep when a S/R is broken with volume
that is when the "B" shows up?
that's what it looks like what happens on the charts
which by the way is a fine feature
yep you can filter out the insignificant breaks via the Volume Threshold setting
you get breaks with little volume that can cause volume to flood in but you are more likely to experience a false breakout. Better to wait on the sideline and miss the trade than take it with small volume break out
Want to try it, but not available for now ?
I have it up and running
see #👀luxalgo-news for the link @frozen oasis
you can add it to your favorite scripts via that link to get access
done. Thanks 🙂
Is the predictive support/resistance working out okay? I haven't been able to get it to work on my charts. I have tried multiple time frames. Is the predictive s/r dependent upon the settings? I am currently set for 5.75 for sensitivity since I trade conservatively
You may want to adjust the S/R filter
to a lower val
the S/R doesn't get impacted by sens
Reason: Bad word usage
Reason: Bad word usage
sorry for the mute @near void - it was using @ everyone when quoting
@near void Think you can talk now
@empty solar no worries. Was just sharing my excitement at the reintroduction of the S&R 🙏🏼🙌🏼🙏🏼
hahahaha glad you like it 😄
market's closed.
@vale ether no I meant genuinely can’t trade on tradingview.com chart..
So im able to adjust the sensitivity of S/R?
does anyone have any good strategies for forex and Lux? I'm battling to make profit.
can you dm me with ideas or help?
EA's, so now trying to get it done manually and learn
looking at it everyday for the last few days of last week. Most major forex pairs
@zinc shale its good to know more about
Resistance and Support
Candlsticks meanings
volume
I personally think you should do your own S/R and just use LUX for confirmations
@empty solar activated trade Setup in my Lux algo setting, whats the best way to use it 🙂
That way you arent relying on lux
Yep malik
@dim mountain just use it before you enter a trade
And set the sl
And use R:R to calculate TP
@empty solar so they are a suggestion where to put my SL and TP yeah ?
Well
Not really
it's more a tool for you to use
Like some traders like to use a 3:1 R:R
So you can set your SL
and then set R;R to 3
and it will calculate for you where your TP should be
@empty solar thanks
I set my own SL and TP. Literally everything, just Lux signals
mind me asking how you use Lux?
@zinc shale You have to do some of your own TA
following em blindly won't end well especially in september
so i was thinking of lower and higher timeframes, seeing the general trend
but i just seem to get burned 😄
lower like 5/15mins?
Yes anything under 2hr
Im intraday trader
Sometimes scalper
So i have 2 saved templates
!confirmed
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
I usually just use S/R for my own trading excited to see how it pairs with LUX looks very promising.
Pullsback to resistance would be a good entry
I’m new, hi everybody. Is there a good video I need to see before I start? I like scalping. In-and-out :-). Ne stress 🙏
Is there a must-see YouTube video? I trade forex for 1 year
@upbeat herald Use Resistance and Support to decide where to set your stop loss and take profit
Extra Q: can I install the lux on mt4?
yap
Is there a way to set up an alert on the oscillator when it changes color?
Thanks!
I double click to add lux algo in trading view give me this monitor pls help what can i do ?
Whatsup guys, new to this, waiting to enter my first trade with lux algo
cant wait
Who knows a good broker for stocks
like tsl
tsla
@cloud condor Lux is only on TradingView for now.
@ionic juniper E*TRADE, TD Ameritrade, Schwab, Fidelity, Morgan Stanley
@ionic juniper Tradestation is pretty good for day trading/scalping stocks
!scanners
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
😜😜😜😜😜😜
Who’s on
I'm your huckleberry
anybody understand how to read the volatility graph?
does anyone know how to get the square chart that says the % bullish/bearish I seem to have lost it
like chart settings? i cant find it
oh i found it but it still isnt showing anything
click on the setting where it says lux algo
cool thanks 👍
at 1 minute, when the candle is closed, then I feel like the signal is already given and the confirmation is to late.. no?
😜😜😜😜😜😜
@ionic juniper which pair?
Hope it crashes more
it iwll
200 EMA is acting as resistance for GBP USD
i got the strong signal from this morning
And im buying eurgbp
went up with 33$ profit
Gbpusd going down babyyy 😍
@thin trail is a beastt
ily @hidden moss
xD
can you suggest settings for eth ?
and the time frame ?
if you look at #696781587223937025 i just explained a fair amount of my strat
Could someone hit my inbox and help me with a good set up for lux algo I want to know a good set up to cancel out a lot of fake signals thank you
Try higher sensitivity, use the EQ band to filter out signals is the best way in my op
what does study error mean
@empty solar is there a way of showing me how to do this please
@empty solar
@cunning mason Means you don't have access so if that's a mistake email support@luxalgo.com
i brought it yesterday
hmmmm
@cunning mason Let me check
@cunning mason If possible could you send an email to support@luxalgo.com and just say?
I keep getting notifications say price alert on tradingview then I go on the chart and there’s no signal ?
solved
!visible
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".
Best service to buy/sell commodities?
I keep getting notifications say price alert on tradingview then I go on the chart and there’s no signal ?
@gusty pier Is your alarms set to when bar is closed?
I think so yeah I’ll check
Yeah it is set to that I got the notification went on the chart and no signal
Good morning everybody
good morning
Might be a funny question.... but has anyone tested this on renko bars?
I looked at it a bit but found it unnecessary
O ok, will check it out as well. Who know might strike a pot of gold hahaha
Throughout the day so far someone has been selling SPY. 4,000 shares at a time
really no matter the price so far
This is what I am talking about. Been doing this all day no matter the price.
the time on my Luxalgo Chart are 11sminutes behind could you please help
!data
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
Seller still there. Although it doesn't really matter. Price likes to run up more so than down
what I can say is spy is getting ready to explode one way or the other
still there
maybe if we all just hit buy at the same time it'll break the resistance
3...2...1...
Thoughts on G/U?
Anyone here use Fibonacci?
guys i have a question, how do i use algo to make my trade more successful
hello, what are the settings for 5 min and 10 min?
to many signals/// to many noise
Anyone have any luck trading options with Lux indicator?
Hey, new here. What settings and timeframes have people been having success using the lux algo on for currency pairs?
@steady herald increase sens 🙂
Guys I’m new over here, what does sign ,,Strong,, means
Good broker to trade crypto?
maybe one of you have settings for 5 min and 10 min?
@versed garnet You have a DM from me.
Link to our Help Center, many common questions can be answered here: https://luxalgo.com/apps/help-center
@wild palm what indicator is that on the bottom of your pic?
anyone trading today I just wanted to let you know today is a hard trading day. No real measure of movement for many stocks/indicies
Come on, man. Look at this bull
sheet
not bull as in bullish
Yea I was thinking the same thing. What a crappy day
And the weird thing is there is no major news that is causing this
Everything is ranging. I can’t find anything that is actually moving.
anyone trading today I just wanted to let you know today is a hard trading day. No real measure of movement for many stocks/indicies
@warped nova oh you’re trading stocks and indices. Well the forex market is the same story.
What a weird Monday. I hear it’s time for a big collapse soon so maybe that is what has the markets so indecisive.
Today was ass.
Not my best day
maybe tomorrow we won't get so many whipsaws
one thing to note a lot of the times when spy would gap up like today then it would simply grind higher all day. That was not the case today. Volatility is clearly here and likely to stay with the US stimulus/election and possible covid new wave
that being said the smart thing is to protect your capital.
You can make a lot of money during volatility but you can lose a lot as well. Position yourself properly.
not a lot today: possible stimi news good for aal, f, etc.. also debates tomorrow
i had a great setup for 11% but missed getting into the pullback by a few :/
Anyone know what ZW1! symbol is in commodities?
Not a good week for forex either. End of month so funds clearing books, then Friday is NFP. Stay safe
How you guys been
been better been worse
Anyone know what ZW1! symbol is in commodities?
@round hemlock Wheat Future
Crypto looking 🧐 today
Looked like we were breaking out but didn't rally, guess everything else was kinda crap today though
does ForEx has comission fee? i want to try something new
@wild palm man the whole freaking day it was trading sideline... too risky imo. and at 19:00 the fun started.
What does the market imbalance tell us? When the MOC is on the SELL side vs BUY what does it indicate ?
@tidal pier yeah, went break even today which sucks
Because over the weekend I had a great long entry but nothing happened today lol
Oh well plenty more days out there 😉
@wild palm when do we go all in on Unicorn tokens and have it go to $20 and then retire man... this is the dream that needs to happen
Hahaha I wish 😂
we need a 🦄 catalyst 🦄
Crypto looking like it can't decided between 2017 bull run or 2018 winter right now
Apple is now using Uniswap 🦄
The unicorn is the way
something like that
Jeff Bezos is uniswap
Are you still holding? I have a bit
Nothing crazy, but a "just in case" stack - plus I'm providing liquidity so earning tokens passively
i’m not @wild palm but watching some levels down low, might set some bids
Nice, lots of potential with that project
indeed
can we trade bitcoin options ?
Derebit is good for that @pseudo scarab
hello is there a fx platform/ broker that accepts deposits in crypto? thanks
@modern arch Ask in here 🙂
wow nice results ... I'm new here ... all set up on trading view ... got some FX experience, but wanted to know if someone can point me towards "THE RULES" you are talking about ... and excuse me upfront if i'm asking questions in the wrong channel 🙂
Here's your msg so you don't need to retype 🙂
@devout bronze good question, id be interested
wow nice results ... I'm new here ... all set up on trading view ... got some FX experience, but wanted to know if someone can point me towards "THE RULES" you are talking about ... and excuse me upfront if i'm asking questions in the wrong channel 🙂
@empty solar thanx!
I swear the channel signals f*** me dude lmaooo
What happened?
they always go after a big rally and then I get the pullback I only traded them on paper trading
for like 3 days I traded off of just them to test and it wasnt so succesful 🤣
Remember they are just a "take a look at this asset" 😉
I swear its always on the alltime high in the past week before a hard and fast pullback ):
atleast for fx
it seems to work better for crypto
Yeahhh it's september
and stocks
paper trading makes me happy once I become consistent the markets arent ready 👿
hahahah you gettem
this year might be special though, considering the situation around the world
Lux is amazing for us30 though my boy chrisp on way to 100k this year which isnt even his main job
tf is this pump
gimme this pullback pls
damn look at that
yeah im hoping it can bonce and I can cathc about 1% to 2%
yup
go short and long, the marjet isnt sure lol
its at a resistance
that seems to be like a5min chart, if i'm not wrong
you need to look at a higher timeframe to see the long time tendance
man i slaughtered the english there, sorry my french was stronger on this one. lol
@hidden moss do you trade only on the one minute or always get a signal on higher timer frame then confirm by going lower ?
crypto only ??
I am having so so results so far... with the 15 min charts
Im a forex guy but crypto is the new thing
is lux algo giving better returns w forex ?
ehh tough month overall
Who on here is a US trader that trades XAU/USD ? What broker do you use ? I'm using forex.com for currency pairs but I dont see XAU/USD on my mt4? Any advice would be much appreciated
40% on roku call thx algo
Im not from us but im trading xauusd
i can check for you if you are able to trade gold with forex.com because im not sure
@thick agate
you can trade gold with forex.com. Did you try to add it ? when you first get in the mt4 you can see + in the right top corner you can add gold there (xauusd)
i think oanda has it
forex.com has it too
who has us30?
he needs to add it
forex.com, cmc markets, ig, ... @hidden moss
Thank you @hidden moss
No problem! Let me know if you find it or not
Someone was asking about checklist or strategy step by step? Think they were interested in scalping? I don't scalp anymore, but sharing my algo/checklist for swing trading (2h/4h/d) it's just a screenshot of my journal form. Added in new filters using LuxAlgo to the form. This checklist forces me to address everything and minimizes discretion. HTH
Thanks first of all for sharing. Which software you use for building the checklist? And whats the strategy behind it since this is only an checklist?
Keep up the good work!
You're most welcome @steep quiver and thanks - First idea is to force myself to check every algo variable so I really take responsibility for the trade decision when I pull the trigger. It's probably way too involved for scalping or even day trading, but the older I get the slower I trade (I have grand babies to enjoy!)
How do you all use the indicator with Forex? I haven't been able to utilize it well yet. All my profits come from my strategy and I haven't had any good confirmations from the algo.
The strategy is like a filter system. Every entry indicator / confirmation indicator/ exit indicator item must agree or I don't take the trade.
@mild bloom My normal advice is if the signals don't suit your strategy - try and find value in other things e.g. reversal zones ect
Everything built in has value - just people love signals more than other things 🙂
Every dollar I don't lose is a dollar I don't have to win back so I also have a second form to process the ticket when I get exit sugnals.
That sounds great, it will ofcourse help you to trade without emotions
I built in mongodb and have it in the cloud. And goodness yes it does suppress emotions. lol
Same thing can be done in Google Forms I think. But you would need to figure out how to do the closing part of the ticket. There are a lot of trade journals out there but I wanted a custom one combined with my personal algos and indicators. Anyway hope it helps someone. 🙂
Already seeing better metrics with Lux in the mix! Of course I'll report back after 100 trades.
Haha, good to hear it helps you
I am new in lux, trying to figure out what suits me
You got this. Just keep that dead-simple push-button mindset from creeping in. Lux is bad ass and very comprehensive, but you still gotta dial it into your trade plan. And your personal temperament is so important. Some folks are not cut out for super short TFs.
The strategy is like a filter system. Every entry indicator / confirmation indicator/ exit indicator item must agree or I don't take the trade.
@sweet crow I am trying to get to the bottom of fx or at least a starting point, what strategy worth to try?
I just posted this, maybe it is bether to put here: for the moment is my strategy : 1) stay out if is say "Ranging" . 2) folow the trend en take only signals that support the trend that Lux autodraw. 3) look that the collor change from the oscillator. 4) take the trade with a tralingstop and let it run wilh a SL of 1euro :p
does anybody have some extra tips or feedback on this strategy? Any extra tips?🤝 ( I use Lux for 2 days) I'm sure there is room for perfection 😄 . (sry for dubble post)
maybe we can find together with this team a checklist, and make it in googleform, so we have more 🤑
How do you guys buy/sell? Market order or sell/buy order?
In MetaTrader4 buy or sell
I mean do you use market order or buy/sell limit
market order always
Buy stop and sell stop always
anyone use binance? can you set a stop loss and a take profit at the same time?
You can
can someone explain how to set up s/r for luxalgo
i can't figure out
i mean i'm playing them but they are a mess ...
They are predictave
you are used to seeing pivot point S/R
which is a really bad lagging approach
So predicting areas of S/R can be better
If you prefer pivots: https://www.tradingview.com/script/JDFoWQbL-Support-and-Resistance-Levels-with-Breaks/
thanks
See this type of signals with luxalgo is what drives me nuts..... the strong signal was given at the bottom the hourly wick -not the tail- right after BOOOOM opposite direction ... that s the 1H chart ..
can someone clarify this for me because it is getting frustrating
what do you mean wick?
ok
that's one approach
all the guidance you give is here https://luxalgo.com/apps/help-center
or are there other sources?
It used to be on there but was removed
But it's one approach
Also using lower timeframes for entries
is always recommended
so entering only after closing after the wick or just going after it
where can we read about all that please @empty solar ?
Dont get me wrong I had three good trades and bad ones.. i just want to know and read as much as possible to reduce the bads
No where - it's just a classic method 🙂 But I can explain here
In more detail if you want?
okey cause you said its better on lower timeframes
any ForEx expert here?? Need help on timeframe/settings... trying to add new $$$...
For me lower timeframes are much more easy than larger 😅 my longest tf I trade is 5m
i must wait everytime for sell buy strong bur or strong sell to show or i can place an order when i see red or green candle
If u have a buy/sell and after this u see a red or green candle it’s a strong 😉
so i must definetely to wait a signal to show up
Yessir
1min wtf 😄
Any pips are pips
can actually work
can i set an alarm to pop sum signals for single timeframe?
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
I do on the 15 min forex all pairs: 1) stay out if is say "Ranging" . 2) folow the trend en take only signals that support the trend that Lux autodraw. 3) look that the collor change from the oscillator. 4) take the trade with a tralingstop and let it run wilh a SL of 1euro :p
does anybody have some extra tips or feedback on this strategy? Any extra tips?🤝 ( I use Lux for 2 days) I'm sure there is room for perfection 😄 . (sry for dubble post)
what does it mean when the state is tranding
@thin trail , looks like Deribit is unavailable in USA. Any other platforms suggestions for trading crypto options ?
So best is entering in TRENDING ? thanks @upbeat herald

