#๐Ÿ’ฌhangout

1 messages ยท Page 250 of 1

hidden moss
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0.10 per pip

true jasper
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.01 is $1 per $ us30 moves

hidden moss
#

if coinbase wouldnt be a bitch maybe I would trade us30

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1 point - 10 pips = 1$

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ok

gentle comet
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id change broker

hidden moss
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soo either doubling my acc first dayy or losing it all

true jasper
#

You could also start with S&P500

hidden moss
#

tru

true jasper
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little less stressful if your balance is lower

gentle comet
#

soo either doubling my acc first dayy or losing it all
@hidden moss ๐Ÿคฃ

true jasper
#

money management is easier

hidden moss
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@true jasper 1 point is 1$ am i right?

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on 0.01 lotsize

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its only 3350 is right'

gentle comet
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spx and us30 are almost identical

true jasper
#

0.01 lot size = $1/$1

hidden moss
#

uh yeah so i was right

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amm @hidden moss be careful!

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its fineeee

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im only trading bout 400 dollars at first to get everything going then deposit my other 1-2k

true jasper
#

k.. lol I trade these things lots.. us30 is a ruthless, unforgiving beast

rapid ibex
#

had a nice AMZN win this morning

gentle comet
#

k.. lol I trade these things lots.. us30 is a ruthless, unforgiving beast
@true jasper very rewarding though i love it

true jasper
#

$400.. your margin on a 0.01 lot is what

hidden moss
#

enough

true jasper
#

you got no wiggle room

gentle comet
#

us30, dax and nas are my 3 favourite instruments

hidden moss
#

i got 1:200 ๐Ÿคท

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gold's my favorite!

true jasper
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Do the 500 - until you have a happier balance

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lol

hidden moss
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@hidden moss I like trading the other us30

gentle comet
#

me and gold have a love hate relationship

hidden moss
#

will do

gentle comet
#

the wicks are nasty

hidden moss
#

maybe ill trade the 30 year goverment bonds

true jasper
#

the wicks are nasty
@gentle comet on the us30 - the wicks will frequently take my trailing stops out.. that's how crazy they are sometimes

hidden moss
#

ye that's why i don't do trailing stops, market hates me when i do that lmao

gentle comet
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i use the parabolic sar

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helps alot with trailing stops

hidden moss
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ehh I don't like stop losses in general

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too much work

true jasper
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lol

hidden moss
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I'll be in profit eventually

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lmao ๐Ÿ˜„

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even if its a 2 year hold ๐Ÿ˜Ž

empty solar
#

stop losses are for people who live too safe

true jasper
#

Just keep depositing.. it'll retrace!

hidden moss
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exactly

gentle comet
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lollll if you was in a long position on us30 yesterday with no stop you would have been in trouble

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Tbf i know some people who constantly watch the trades and have no stop

true jasper
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oh i know

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I've done it

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and I know people who do it

hidden moss
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ehh for 1 minute thats safe

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but incase of some crazy stuff set s/l at 1.5%

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yah stop loss is important

gentle comet
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yea for short TFs its okay

desert swan
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Finally here.

hidden moss
#

welcome

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who is ur pfp?

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@empty solar how close are we to 5k members?

empty solar
#

in discord?

hidden moss
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nahh for LUX as a whole

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Idt we had 4k in discord @empty solar I could be wrong

empty solar
#

hahahahah

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I am not on that side of things at all

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I am purely 100% focused on dev stuff

hidden moss
#

who does all that mack?

empty solar
#

Yeah Mack Brain

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@iron imp Ask here ๐Ÿ˜‰

gentle comet
#

BOE Gov Bailey Speaks at 8:30 am tomorrow for any GBP traders

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UK time

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always loads of volatility when he speaks

wild palm
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replay feature on TV is so awesome

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for backtesting and seeing how strats play out

drowsy spear
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@empty solar

empty solar
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@drowsy spear ๐Ÿ™‚

drowsy spear
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thanks!

hidden moss
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yoooo

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Mami has unique profile picture

gentle comet
#

looooooooool

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i noticed that

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i know exactly what picture that is

hidden moss
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lmaooooo

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yea same here

true jasper
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I think everyone knows him

drowsy spear
#

=)))))))))

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before i cancel the subscription

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can anyone tell me how do i make money?

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i traded on paper and lost money

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with this algo

hidden moss
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Buy low sell high @drowsy spear

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strategy/rules

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And fine tune your strategy

true jasper
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lol @hidden moss

hidden moss
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if you lost money paper trading, its a bad strategy or bad risk management

drowsy spear
#

mhm maybe

hidden moss
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Send me a screemshot of when you entered and sold and risk settings

true jasper
#

@drowsy spear - I traded for 3 years before coming here. I still spent two months testing Lux when I got here

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so keep on practicing

hidden moss
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Ive had lux for about 6 weeks and im only starting actual trading now

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You gotta be hungry enough @drowsy spear

gentle comet
#

dont give up, trading is mainly mindset

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you wont make money right away. stick at it, learn, practice. Its a journey

hidden moss
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no lambos, yet

solemn pecan
#

Hey there! I m new here๐Ÿ‘€๐Ÿ˜…

drowsy spear
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@hidden moss i know

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but i don t know how to use the algo

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properly

hidden moss
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Show your strategy

drowsy spear
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and what settings to do

gentle comet
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watch the video on youtube

hidden moss
#

You have to test multiple settings and fine tune it yourself

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And add your own ta and systems

empty solar
#

Yep make the algo fit you not the other way around

hidden moss
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^

drowsy spear
gentle comet
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i use the algo with many other indicators

hidden moss
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oh goodness

empty solar
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oh my

drowsy spear
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=))

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is it that bad?

hidden moss
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yeah maybe he does neeed a little help

empty solar
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  1. You're on an old version
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  1. Those settings are... wild
ionic juniper
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Brooo

hidden moss
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Did you fine tune it at all?@drowsy spear

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tryy maybe 5/2/20

ionic juniper
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Let me help you with the 1m

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Im the 1m king

empty solar
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it's true

ionic juniper
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Ask destiny

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๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

hidden moss
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@ionic juniper all u are is the risk management jester

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You scalp on 1m lol?@ionic juniper

ionic juniper
#

No joking but your settings are xraaazy

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You scalp on 1m lol?@ionic juniper
@hidden moss yea

drowsy spear
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what timeframe should i use?

ionic juniper
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I use 1m

hidden moss
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ehh start on something higher

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like atleast 30 minutes

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Have you ever traded forex?@drowsy spear

empty solar
#

Unless you're Joao and newer to trading the 1h + is better for newer

ionic juniper
hidden moss
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joao the fact that u make money suprises me

ionic juniper
#

My settings make lux algo look sexxyyyy

hidden moss
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What lots you trade
Standard?@ionic juniper

ionic juniper
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Depends on my account

hidden moss
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Those are beautiful setting lol

ionic juniper
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Sometimes 40 sometimes 0.10 ๐Ÿ˜‚

hidden moss
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he traded 40 on a 1500 account

hardy field
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haha dont ask him that...sometimes 40 sometimes 0.1

hidden moss
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40 standard lots on 1500๐Ÿ’€

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U got balls.lmao

ionic juniper
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Yea never again

gentle comet
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he traded 40 on a 1500 account
@hidden moss excuse me

ionic juniper
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God was with me

true jasper
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is that even possible

hardy field
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balls of steel

hidden moss
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my bad he traded 40 units

gentle comet
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40 lots?

hidden moss
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I think microlots

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Oh ok lol

true jasper
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jesus

gentle comet
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yikes

hidden moss
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If you want to be rich quick in forex market be like joao go trade 40 lots

ionic juniper
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You guys dont understand that

hidden moss
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still like 1:300 or 1:40

ionic juniper
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De30

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You neeeed big lotsize

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To make money

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100 pips on 0.01 is like 1 eur

hidden moss
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yeah not that much

drowsy spear
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so

hidden moss
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You need to do what he did
Back test on hella time frames and find that @drowsy spear

ionic juniper
#

Oke 40 is to much lol but you get me

gentle comet
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on spx defo

hidden moss
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Where are u from?@ionic juniper

ionic juniper
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Amsterdam

hidden moss
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Ahh

gentle comet
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i use like a 5.0 lot size

hidden moss
#

You trade forex and ?

ionic juniper
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No forex

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Just DE30

hidden moss
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Oh ok

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Indices

hardy field
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indices are the way to make the big sweet money

ionic juniper
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Sometimes eurusd

hidden moss
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They move quick

gentle comet
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indices are the way to make the big sweet money
@hardy field yep

hidden moss
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This chat is funny lol

ionic juniper
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Yea indices that follow the rules are good

drowsy spear
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can any1 give me some example of some settings?

hidden moss
#

forex is better for not losing alll your money

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right away

hardy field
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in and out in a couple of minutes with a 5.00 lot size on US30 is what you want

hidden moss
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@hidden moss what asset do u trade fx?

ionic juniper
#

can any1 give me some example of some settings?
@drowsy spear i just sent u

gentle comet
#

indices is a different ball game

hidden moss
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The algo is what you make it

Back test, backtest, backtest @drowsy spear

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I trade stocks mainly but slowly going to futures

hardy field
#

the reversal zones make scalping so easy

ionic juniper
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Indices like us30 and nasdaq are killing u

hidden moss
#

Us30 with 5.0 standard lots ๐Ÿ‘€

empty solar
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Reversal zones ๐Ÿ”ฅ

hidden moss
#

on 30 Minutes I recommend....to try and look at 5.3-5.6/1.96/20 @drowsy spear

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You must scalp quick

warped nova
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@hardy field I have no luck using reversal zones

ionic juniper
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De30 is a nice calm baby that likes the rules and listen to daddy

gentle comet
#

the reversal zones make scalping so easy
@hardy field do you just do a high lot size and catch a small movement

hidden moss
#

nahh only joao can do that

gentle comet
#

De30 is a nice calm baby that likes the rules and listen to daddy
@ionic juniper ๐Ÿคฃ

hidden moss
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Tight stop and scalp lol@ionic juniper

true jasper
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I can't seem to get the hang of reversal zones.

hidden moss
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Reversal zone with a counter trend line break ๐Ÿ‘€

empty solar
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They are very very good for sideways markets

hardy field
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last night i bought us30 at the bottom of the collapse on a 3.00 lot size, was in for about 4 minutes and closed for profit

hidden moss
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Yea, i work fulltime so I'm moving to futures to trade at night

hardy field
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reversal zones are unreal, brilliant for over extensions and trading the reversal. Oscillator as well to time the entry

gentle comet
#

is anyone here from London btw

hidden moss
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What broker do you use?@hardy field

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i wish

hardy field
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IC Markets

hidden moss
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@gentle comet

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You in america?

gentle comet
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i wish
@hidden moss are you sure about that

warped nova
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@hardy field whenever I utilize the reversal zones on 1 minute chart the price just follows the zone. It doesn't bounce off of it

hardy field
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then use the oscillator or an RSI to catch the entry @warped nova

empty solar
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@gentle comet I am ๐Ÿ˜‰

wild palm
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@warped nova its probably because youre using a low timeframe

hidden moss
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noone can guess where im from ๐Ÿ˜„

empty solar
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I know ๐Ÿ˜‰

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I wont say

gentle comet
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@gentle comet I am ๐Ÿ˜‰
@empty solar ๐Ÿ‘Š

hidden moss
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Hmm

wild palm
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gecko said someone on the team is from spain im going with that

hidden moss
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Ima bet snowwy is from a west African tribe

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@wild palm nope ๐Ÿ˜„

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Which hemisphere
@hidden moss

wild palm
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aww lol

empty solar
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โŒ that's alex caens

wild palm
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Lux trivia today ๐Ÿคฃ

hidden moss
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@hidden moss close

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im not sure if this is racist

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but Im hopeful it isnt

hardy field
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not racist, funny

hidden moss
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okok good

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lmao im not im joking haha

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rain dance

wild palm
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morocco?

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i want trivia points

hardy field
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equatorial guinea ?

wild palm
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Democratic People republic of north korea?

gentle comet
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lmao

hidden moss
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Nah ๐Ÿ˜

hardy field
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which continent

hidden moss
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Lulz

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new guinea???

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Somwhere in Europe

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hmmm

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pain

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with the s (:

hardy field
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yeah spain?

hidden moss
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Nah

hardy field
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Uk>

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?

gentle comet
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portugal

hidden moss
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grease

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Nah

hardy field
#

france

gentle comet
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switzerland

hidden moss
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Nah

hardy field
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Andorra

gentle comet
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czech republic

hidden moss
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Nah

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russia

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u like csgo

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Nah ahahha

gentle comet
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last guess, Belgium

hardy field
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Luxembourg

hidden moss
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italy

hidden moss
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Nope

hardy field
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gibraltar

hidden moss
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@wild palm 1000

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oops

wild palm
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are the markets slow today? lux chat is popping lol

hardy field
#

markets are shit

wild palm
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lmao

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The Cheeto scared everyone with yesterdays tweets

hardy field
#

us30 hasnt moved in 2 hours

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gold is about the only thing moving but still not very much

hidden moss
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us30 opinion :joyL

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๐Ÿ˜‚

spring jungle
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What type of trade have u guys made the best money on using this program?

hidden moss
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oops

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@spring jungle

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people like to trade everything but it seems the biggest gains have been on options tbh

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If you're coming here to ask that, I would paper trade for a while @spring jungle

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There is one thing for certain in investing
If you try to follow what everyone else does without learning about it
Youre gonna burn through money, and options is the number 1 way to lose money without knowing what you're doing

spring jungle
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Yea, been trading for a few months now, Just now recently started daytrading common stocks. Options arent something for me ๐Ÿ˜…

hidden moss
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there are low risk options too

wild palm
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@spring jungle use Lux to compliment the areas you have success

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๐Ÿงฐ ๐Ÿ› ๏ธ its a toolbox that lets you build anything you want ๐Ÿ˜‰

hidden moss
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ok where my lambo

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Can i get added back to the general chat for unpaid subscribers lol?

wild palm
#

you gotta build it, instructions sold separately

hidden moss
warped nova
#

FOMC meeting notes coming out at 2:00 EST

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shouldn't be anything but just be cautious

hidden moss
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just hope we dont get an =y unexpected tweets yk

gentle comet
#

Anyone heard of IM academy

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Or imarketslive

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These mlm recruiters are the most persistent people ive ever met

upbeat herald
#

I grew up there :p

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One year ago :p

gentle comet
#

Hopefully you are in a better place

upbeat herald
#

?

hidden moss
#

their website is so weird

twilit rock
#

Lmaoo donโ€™t join Im, theyโ€™re more of teaching you how to bring in people than actually trade

warped nova
#

everyone had a good day today?

wild palm
#

one trade, one winner

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did lots of backtesting too so i'd say its a good day

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you?

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question for anyone who uses support with breaks for fx, any recommended settings?

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i'll be watching 4hr and daily charts

rapid ibex
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Had a nice green trade on AMZN but got out too early. Left $1k on the table.

gentle comet
#

The equaliser bands are just like ichimoku clouds

empty solar
#

Yep ๐Ÿ™‚

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They are ichi inspired

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!bands

frank geodeBOT
#
Lux Algo

We provide truly useful, unique & reliable tools for traders to give them an edge in any market including Stocks, Forex, Crypto & Commodities. Lux Algo aims to become the most widely trusted vendor on the TradingView platform, whereas most indicators, systems, and trading algo...

gentle comet
#

I love it the lower band even acts almost exactly like a 50ema

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Like 3 indicators in 1

mild bloom
#

For the indices crew, what broker do you use?

fiery idol
#

Anybody want to talk about ES?

torpid nacelle
#

idk whatโ€™s happening anymore

hidden moss
#

@mild bloom fxchoice

normal scaffold
#

Hi guys can someone here help me. What are the best settings for forex 4h and daily timeframe? Thanks

hidden moss
#

@normal scaffold no best setting but I would reccomend getting accustomed to the other features of lux aswell. but a 5.0 is always safe

tidal pier
#

ES to the moon!

wild palm
#

2/2 today with the lux algo money printer

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i was late to the entry by like 0.1% but oh well

hidden moss
#

@wild palm you've been eating good

thin furnace
#

@wild palm that chart looks awesome, what settings are you using for the background and lower indicator?

wild palm
#

gradient background and thats lux oscillator on circles instead of lines. lets me see the cross easier when im fried at 3am reading charts

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Also im goin fishing tomorrow, i'll bring us back some dinner

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๐Ÿ˜Ž

thin furnace
#

Thanks, I will definitely try that setup! Good luck fishing!

wild palm
#

lol thanks boss ๐Ÿ‘‘

hidden moss
#

@wild palm where are u fishing? Lake, pond or ocean?

wild palm
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Lake for sure, we're considering trying out some new rivers

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theres a ton of water where i live

hidden moss
#

ohh is it michigan?

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or Mississippi

wild palm
#

i live in ontario which is basically michigan

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same kinda idea

hidden moss
#

oh canada

wild palm
#

ya eh

hidden moss
#

lucky

wild palm
#

its fricken impossible to trade options here but yeah its a nice place

hidden moss
#

you guys have strict brokers too if Im correct

wild palm
#

ya for equites mainly

hidden moss
#

do you have dual citizenship?

wild palm
#

canadian stocks i can trade free

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no

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i have lots of family down south tho

frank geodeBOT
ebon fog
#

@wild palm I'm kinda close to you. I live in northern Minnesota

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Definitely looking for a change of scenery though

livid otter
#

Lived in Thunder Bay for a few years, not very pleasant ones ๐Ÿ˜…

wild palm
#

jeeez thats up there lol

analog onyx
#

if i wanna cancel the monthly prescription how do i do so?
@thorn silo send a mail to support@luxalgo.com

hidden moss
#

some one scalping gold on 1M ??

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I thinking what sensitivite and agility will be the best ๐Ÿ˜‰

hidden moss
#

Good morning everybody. On which setup you mostly search for entries on Gold?

devout hornet
#

I missed the bus on 1 min gold ๐Ÿ˜ฉ

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I use 5, 1.96 and 20

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Please let me know if you have a better one

gentle comet
#

6 is much better on 1 min

brittle quail
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Any forex traders up that can provide me insight?

hardy field
#

Iโ€™m using 5.7 sens and 1.5 agility for 1 minute but using oscillator and reversal zones as well for entry

hidden moss
#

@hardy field so at the moment it looks like will be soon a strong entry..

hardy field
#

Which market @hidden moss

hidden moss
#

gold

hardy field
#

It already is a strong sell. It was strong as it broke down through 1892.

hidden moss
#

i missed that entry.hope for strong buy

hardy field
#

I wouldnโ€™t be looking for a sell now

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Itโ€™s bounced off the reversal zone

hidden moss
#

thats what i mean, it should raise soon

hardy field
#

All Iโ€™m saying is just be careful with gold just now

#

If you look at the 4 hour youโ€™ll see itโ€™s barely moved since yesterday

hidden moss
#

thanks for advice

ionic juniper
empty solar
#

๐Ÿ˜‰โ™ฅ๏ธ

gentle comet
#

does anyone know what info lux is based on

#

does it take volume into consideration

#

what data does it work with

empty solar
#

The signals?

gentle comet
#

yea

empty solar
#

Oh we'd never say

#

We have enough issues with Fakes appearing

gentle comet
#

fair enough

empty solar
#

There are some features we will say roughly how they work

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Like the EQ band ect

hidden moss
#

Gecko is our new Warren

tidal pier
#

gecko is the master painter!

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where did he go

empty solar
#

Still painting ๐ŸŽจ

gentle comet
#

does anyone use/believe in elliot waves

empty solar
#

I hope not ๐Ÿ˜‰๐Ÿ˜‚

mild bloom
#

anyone use binance? If you have a referral ID let me know so you can receive the bonus

tidal pier
#

hey gecko! hope you doing good!

gentle comet
#

started using the TSI indicator with the Lux oscillator

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shit is so powerful

tidal pier
#

grck i would suggest FTX, it's a very nice platform,

mild bloom
#

what do you like about FTX? it looks clean but the fees are a little high for scalping.

empty solar
#

@tidal pier doing good sir, how are you?

wild palm
#

Bitcoin is retesting the triangle trendline

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I swear if it breaks when I'm not at my PC lol

tidal pier
#

hey gecko! i'm alright, busy morning. but all good!@

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@wild palm you can't go buddy! stay with us! ๐Ÿ™‚

ocean snow
#

6 min trade at open

hidden moss
#

Nice, love to see it

wild palm
#

@tidal pier I ain't going anywhere ;)

tidal pier
#

you picked your fishing destination?

hidden moss
#

anyone trading AGE?

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@hidden moss its consolidating rn

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besides that there isnt much to say not enough direction currently

wild palm
#

Fuck crypto is exploding

hidden moss
#

although it did recently cross into the lower band for the first time in awhile on 1m soo we could see movements soon

wild palm
#

Gonna miss this one ๐Ÿ˜ข

hidden moss
#

whats happening in crypto

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Im still tryna deposit ๐Ÿคฃ

wild palm
#

BTC broke first trendline

hidden moss
#

10930 resistance?

wild palm
#

This could be a retest of 12k on the daily

gentle comet
#

man i really need to start trading btc

wild palm
#

But 10900 good for short term

hidden moss
#

it would be nice

wild palm
#

Hard to tell I'm on a phone

gentle comet
#

does it work well with price action?

hidden moss
#

๐Ÿ˜‚

gentle comet
#

or is it heavy influenced by news

wild palm
#

Price action works

hidden moss
#

price action mostly if im correct

wild palm
#

Bitcoin and crypto love trend lines and support and resistance

#

Much like other assets

#

Meme triangles ๐Ÿ˜Ž

hidden moss
#

@wild palm looks like I was right for price target

pearl zodiac
#

Anyone in spy puts ?

analog onyx
hidden moss
#

I bit complex 4 me but I can see its usefulness

thin trail
#

nice confluence with reversal zones ๐Ÿ˜‰

#

extra confirmation of reversals for me

ebon fog
#

Hit the 3% goal today yet again

hidden moss
#

PoggersPepeBull

#

@hidden moss RIP to your audusd short

timid tapir
#

Anyone dealing with stocks?

hidden moss
#

@hidden moss Yupx all good still in BIG profits this week!

#

its been a slow day in chat ๐Ÿ˜ข

wild palm
#

Ooo new indicator! I'm gonna have to try that out this weekend

#

I haven't read thru the entire thing yet, does it act similar to a TTM squeeze?

#

Looks pretty interesting though LUX

hidden moss
#

@wild palm It is meant to spot possible reversal zones and I think can be useful with TA although its a bit technically advanced for me

floral arrow
#

Anyone have good settings for forex pairs or a good strategy using the lux Algo indicator?

analog onyx
#

I haven't read thru the entire thing yet, does it act similar to a TTM squeeze?
@wild palm not familiar with that one, only thing they have in common is they they are oscillators, are smooth, and have an histbase of 0, for the rest the ArcTan Osc certainly deliver more information to the user. The post description explains everything

ebon fog
#

Anyone dealing with stocks?
@timid tapir yes

round agate
#

Check out audusd on the 15

uneven spear
#

@analog onyx how do we use new indicator for better probability

floral arrow
#

How do we read the reversal bands?

twilit rock
#

I wonder if there is a confluence with the new oscillator and the OG one๐Ÿค”

#

@analog onyx

empty solar
#

!bands

frank geodeBOT
#
Lux Algo

We provide truly useful, unique & reliable tools for traders to give them an edge in any market including Stocks, Forex, Crypto & Commodities. Lux Algo aims to become the most widely trusted vendor on the TradingView platform, whereas most indicators, systems, and trading algo...

hidden moss
#

@round agate for audusd im looking for a trend reversal rather than it continue 30 pips upwards because I see a reasonable reversal of the support at 50 and 130

#

and isnt that audcad?

steep quiver
#

Anybody here trading options from the EU. Looking for an good broker

hidden moss
#

@steep quiver IC markets

safe smelt
#

Ok say I'm using the lux algo bot, a buy or sell pops up I cant just place an order, my question is what is the best setup/ way to confirm that before placing a profitable order

hardy field
#

I'd recommend using the oscillator to help you with entries. When i scalp the 1 or 5 minute I look for the oscillator to be breaking down through 400 turning red for a sell and breaking up through the 200 turning blue for a buy.

#

@safe smelt

analog onyx
#

@analog onyx how do we use new indicator for better probability
@uneven spear the new oscillator can be used to spot divergences (using a low pre-gain value), and can also determine the direction of the current trend (value above 0 = uptrend, under 0 downtrend), you can compare the signal given by the lux market control with the trend detected by the oscillator to see if both coincide, thats an idea, but not a certain way to have better profitability.

tranquil pelican
#

Anyone fulltime from scalping for a long period of time in here?

#

Love this community.

thin trail
#

I believe Paul has done well! @tranquil pelican

tranquil pelican
#

Thank you ๐Ÿ˜‰

true jasper
#

but that's all you need to get going

merry lark
#

Yโ€™all think buying a tsla call to sell tomorrow morning is the move? Or a put?

sick anchor
#

Any recommendation on how to use tradingview to trade options? @merry lark how are looking into buying calls or puts and how do you use tradingview for this if you dont mind me asking

echo terrace
#

I'm using trading view to buy Calls / Puts. I execute between 9:30 am to 10:30 am. Using the trading view at the 5 min candle chart, the same as my brokerage platform. I analyze the trading view charts keeping an eye out for the signals, execute the actual orders in my brokerage platform.

warped nova
#

I hope everyone had a good green day today

steep quiver
#

@hidden moss

#

Uhm. Someone else has an good service to trade options in the EU (Like robinhood or whatever)

#

(Robinhood is only US, but need some sort of options broker)

fleet stream
#

Try trading212

#

There u can do both

#

@steep quiver

royal bridge
#

@echo terrace Hi, I am new here and would be grateful for your advice on how to use Lux Algo for trading options. Do you usually swing or scalp? Do you only use 5 min timeframe? I have been watching charts all day today on 1 min timeframe, checked 5 and 15 min as well, but find it very difficult so far as โ€œbuyโ€ and โ€œsellโ€ appear to often. What is your strategy, if you donโ€™t mind me asking? ๐Ÿ™๐Ÿผ

empty solar
#

Please do not try and trade the 1m

#

Unless you have years of experience and success on it

royal bridge
#

@empty solar Thanks for your advice. What time frame would you recommend to use for trading options intraday then?

empty solar
#

1h+ is the best bet

tidal pier
#

i trade on 30 seconds. my name is Flash

royal bridge
#

@tidal pier Hi Flash, thanks! Wow, 30 sec... I am not ready for that strategy yet ๐Ÿ˜

tidal pier
#

nah i'

#

m just kidding. of course. listen to gecko, he's a wise one around here

#

Teh Wise Painter lol

royal bridge
#

@empty solar well I find it difficult to trade intraday on 1 h+ time frame. I prefer not to keep opinions overnight

patent skiff
#

I really like the feature on the LUX Dashboard that displays current exact Volume digitally. Helps me tremendously with scalping breakouts.

hidden moss
#

@steep quiver Sorry my bad i thought you were looking for cfd broker! my bad, ill try to find something for you

royal bridge
#

@tidal pier do you trade options?

tidal pier
#

not at all. crypto and keeping an eye on gold and S&P.

royal bridge
#

@tidal pier Cool!

tidal pier
#

i use 30m mainly. and use 5m/15m for better feeling on the moment, for a better in or out move. but i trade very little, i have do this on top of my main job ;p

true jasper
#

ya.. very similar here.

hidden moss
#

@steep quiver check saxo bank i think they have options, the only bad think about them is their minimum deposit is high i think somewhere around 500! overall great platform

tidal pier
#

i missed the massive move this mornign unfortunately ๐Ÿ˜ญ

royal bridge
#

@patent skiff Hi Christopher, how do you exactly use volume for scalping?

true jasper
#
  1. Physical metals
  2. 10% of my leveraged trades are in metals
  3. Us30 and S&P500 for scalping
  4. FOREX and Cryptos on the 4Hr chart
patent skiff
#

@royal bridge Usually when stock is about to / in breakout, volume rises (a lot) its an easy confirmation to enter (or exit)

#

spike in volume essentially means people are in to sell/buy

royal bridge
#

@tidal pier I am the same way. Have to do this on top of my main job. So, do you usually in and out on 5&15 min?

patent skiff
#

i personally set the lux dashboard to "next to candles"

#

I always have 1M, 5M charts but I also have 1S chart to help enter/exit

#

10*

#

10S*****

#

my 2nd monitor has daily charts and other stocks im monitoring/interested in

royal bridge
#

@patent skiff Thanks so much. Are you talking about this dashboard, or smth else?

patent skiff
#

made a good amount on AGE today

#

Yes. where it says current volume

#

Idk what you trade, but for stocks, volume is key. I know alot here trade forex and crypto so not 100% sure how important it is for those

true jasper
#

not nearly as important

#

crypto, yes

patent skiff
#

i figured

royal bridge
#

I am mainly interested in trading option intraday

true jasper
#

ya.. I can't speak much on options. I just never got into it

patent skiff
#

I specifically scalp/daytrade stocks.I never do options or swing trades

true jasper
#

I'm sure people would be scared by my strategy... same as how I am of options. lol

patent skiff
#

IMO scalping/daytrading stocks is the most profitable and easier to control PNL

royal bridge
#

@true jasper haha, I am scared of forex and crypto

true jasper
#

see? crazy how that is

patent skiff
#

Anyone here has a good accountant? lol..

true jasper
#

Mine's canadian

#

but yes

patent skiff
#

I'm outpacing my dayjob salary

royal bridge
#

Do you know who is here trade options successfully?

patent skiff
#

fuck options :>

true jasper
#

lol

#

I know there are some - they might be asleep though

patent skiff
#

dont you want to trade 1-2 hours and be done?

#

hell minutes really

true jasper
#

Yeah.. I've had days where it's like.. 20 minutes and wait for next day

patent skiff
#

I prepare / study more than the actual execution. but thats with anything really i guess

royal bridge
#

Well, I donโ€™t have a big deposit to trade stocks. Have been trading options and so far I like it a lot

steep quiver
#

Which brokers you guys use for options?

#

Most are US only

#

๐Ÿ’ฉ

royal bridge
#

I use US ones - Robinhood and Thinkorswim

steep quiver
#

๐Ÿ˜ฉ

#

Fml

hidden moss
#

@steep quiver I don't know many brokers outside of U.S. That have stock options for nyse

#

I know a few that do fx binary options

royal bridge
#

I heard that many use Interactive Brokers

hidden moss
#

@steep quiver check saxo bank

tidal pier
#

prob with IB is the account creation... all those questions they ask. it's insane

steep quiver
#

I heard that many use Interactive Brokers
@royal bridge yeah found that one. Registering now but don't have demo

#

@steep quiver check saxo bank
@hidden moss also just signed up. Going to install desktop version since the webtrader looks utter shit

#

Anyways. Thanks both for giving me some "options on options" ๐Ÿคฃ

hidden moss
#

Web traders tend to be utter shit

#

@steep quiver saxo bank minimum deposit is 10k ... if you have that much money go for it, if not try interactive brokers

steep quiver
#

Whoops. Got only 9999$ to play around with

#

Interactivebrokers it is then

#

๐Ÿค“

hidden moss
#

what options do you wanna trade, stock options?

torpid nacelle
#

options are dope

#

but also scary

#

if u had gme options today u made bank

#

canadian use ibkr

steep quiver
#

Gold, Google, AMD, Amazon.

#

Backtested those and got some sweet results. But need forward testing now

#

Those 4 seemed to work the best on my strat

torpid nacelle
#

what are u using

#

lux + combination of something else

steep quiver
#

Yeah added a few things, one is own build script

hidden moss
#

Ooh own script thats cool

torpid nacelle
#

are you like taking different measurements and putting them together through pine editor?

steep quiver
#

No. I have rsi and macd on it. And custom indicator.

#

And combined it gives me entry and exit

#

But it could be utter shit lol. Need to test it

#

Seems promising, hope to get it working

hidden moss
#

Ive been considering learning how to use pine script so I can make a fancy script using some emas and price action๐Ÿคทโ€โ™‚๏ธ

#

I like incorporating @true jasper strategy and some of my own

torpid nacelle
#

what do u guys mainly trade

#

using lux

echo terrace
#

Big dawg stocks ๐Ÿ™‚

hidden moss
#

Fx/Indices

torpid nacelle
#

for sure

#

its hard for me to keep up

#

switching through all the different stocks

empty solar
#

Stick to a handful of stocks

#

You don't need to trade 100s

#

Just learn maybe 5-10

#

And master them

#

Understand how they behave

#

And you'll be far more successful

hidden moss
#

โ†‘โ†‘โ†‘โ†‘

echo terrace
#

๐Ÿ‘†agree

#

Only trading top stocks options that are on the stocks channel. AAPL, TSLA, BA, ROKU, NFLX, BABA

hidden moss
#

Each individual asset behaves different and has even more difference in the current market state

tidal pier
#

gecko is such a Wise man

ionic juniper
#

Whatssupp guysss

empty solar
#

very wise ๐Ÿ˜‰

torpid nacelle
#

are there ways to set alerts for strong signals

empty solar
#

!alerts

frank geodeBOT
steep quiver
#

Ive been considering learning how to use pine script so I can make a fancy script using some emas and price action๐Ÿคทโ€โ™‚๏ธ
@hidden moss if the custom script doenst work I will release it as the "FMITABT" indicator

torpid nacelle
#

and you can only have a couple alerts via trading view right?

empty solar
#

Yeah for free ones

#

You get one alert

hidden moss
#

Im just tryna learn myself

tidal pier
#

a couple as in "only one" l;ol

empty solar
#

hahahhaha

#

Yeo

#

But you get more with paid of course

torpid nacelle
#

oh

#

sad af

empty solar
#

Yep it's why we made the scanner channels

#

to try and save people from doing that

wild palm
#

I caught a fish ๐ŸŽ

#

And a short on eurnzd

#

How was everyone's day

tall finch
#

Crap. Not working for me. Wonโ€™t be renewing

gentle comet
#

amazing

#

14% growth in 1 day

empty solar
#

@wild palm What sort of fish? ๐Ÿ˜‰

steady comet
#

Can anyone point me in the right direction on how to use it for forex and indices ? Iโ€™m falling short here. Are there signals given in her as well?

empty solar
#

Which timeframe?

true jasper
#

I got something for scalping Indices and 4hr charts on FX

#

youtube vid

empty solar
#

^

marsh tulip
#

Question... what's the difference between "Strong" vs "Buy/Sell"

empty solar
#

!terminology

frank geodeBOT
#
Lux Algo

We provide truly useful, unique & reliable tools for traders to give them an edge in any market including Stocks, Forex, Crypto & Commodities. Lux Algo aims to become the most widely trusted vendor on the TradingView platform, whereas most indicators, systems, and trading algo...

empty solar
#

very very important you read through resources ๐Ÿ™‚

true jasper
marsh tulip
#

thank you...will get familiar

torpid nacelle
#

how do you get two panels on trading view

#

like one for price action one for lux

#

do i need premium for that

true jasper
#

yeah.. to have two panels in one window

analog onyx
#

like one for price action one for lux
@torpid nacelle one trick you can use it to plot the closing price with overlay=false(go to pine editor and click on add to chart), then click on the three dots that appears when you hover on the Lux Algo indicator title, and select Move To -> Existing Pane Below

hidden moss
#

@true jasper great video im sure many of us could find it useful

true jasper
#

I was going to say the same.. if you're just wanting indicators, you don't need to pay for TV

#

Thanks @hidden moss

tawny lagoon
#

How I can check when I payment is due next ?

empty solar
#

Login to your profile ๐Ÿ™‚

#

On the website

wild palm
#

@empty solar a couple largemouth bass

hidden moss
#

Nice!

#

@wild palm Coinbase accepted my card finally Cook

tidal pier
#

party time! drinks on @hidden moss !

hidden moss
#

Ehhh

#

Maybe cheap drinks

empty solar
#

Water

hidden moss
#

Seltzer water but you have to cover half of the cost

tidal pier
#

lol that works

hidden moss
#

I don't really drink alcohol anyway

unreal blade
#

Wondering what lux ALGO settings people are using for higher time frames? 4hr and daily charts?

hidden moss
#

Ive used the 3h alot

vagrant meadow
#

Which asset?- stocks, forex, crypto?

patent skiff
#

depends how you trade as well

#

If you're going for quick trades, lower sens is great

vagrant meadow
#

Valid point.

vale ether
#

@true jasper Fantastic video; articulates well how I trade, so useful to share. Thanks for making it.

vagrant meadow
#

Iโ€™d say default, 4,2,50 & 3.9, 1.56, 45/50 all work well with stocks.

wild palm
#

@hidden moss now short Bitcoin at 500:1

hidden moss
#

hmm

#

@wild palm that's a bit tame to my liking. I might have to sign up for joao's broker and short 1:1000 on it

sick anchor
#

What tool do you guys use to trade forex?

hidden moss
#

@sick anchor I like using the oscillator with a combination of Absolute strength and general TA

#

@wild palm I can't send the btc for like a week though so lets hope price goes up ๐Ÿ˜‚

vale ether
#

when you're looking at the XAU chart and accidently buy XAG ๐Ÿ’ฉ

#

fml

sick anchor
#

@hidden moss And what broker do you use for this?

hidden moss
#

well I like unreasonably high leverage so I use an unregulated broker called FXChoice

twilit minnow
#

6, 1.96, 20 is my favorite setting@unreal blade

hidden moss
twilit minnow
#

@hidden moss have you withdrawed? Im looking for a higher leverage broker myself

hidden moss
#

Nope, not yet

#

I'm not depositing a lot of money so hopefully I can withdraw ExistentialCrisis

vale ether
#

when you're looking at the XAU chart and accidently buy XAG ๐Ÿ’ฉ
@vale ether and somehow that translated to a $300 profit. did not deserve that...

hidden moss
#

really ๐Ÿ˜‚

#

why didn't you close it right away?

#

I mean good thing you didn't @vale ether

vale ether
#

why didn't you close it right away?
@hidden moss because when i read the right chart, it was ranging, with but looks like the bulls were coming back. so took a risk in holding.

hidden moss
#

I mean PoggersPepeBull

wicked siren
#

Do you think gold and silver will take a dip before the market closes?

sick anchor
#

Do you guys prefer Oanda or IG for forex trading?

craggy turtle
#

@sick anchor I use oanda with tradingview

analog onyx
#

Do you guys prefer Oanda or IG for forex trading?
@sick anchor OANDA has the main advantage of being supported by the tradingview platform, but IG is a very strong broker with a wide variety of markets to trade.

sick anchor
#

Thanks!

devout hornet
#

@true jasper... nice YouTube video and ideas for scalping... very interesting how this guy does scalping

mighty ingot
#

how do i get the buy to sell indicator ?

thin trail
#

Hi @mighty ingot you can read our guide to setup here

#

!guide

frank geodeBOT
#
Lux Algo

We provide truly useful, unique & reliable tools for traders to give them an edge in any market including Stocks, Forex, Crypto & Commodities. Lux Algo aims to become the most widely trusted vendor on the TradingView platform, whereas most indicators, systems, and trading algo...

ebon fog
#

@true jasper... nice YouTube video and ideas for scalping... very interesting how this guy does scalping
@devout hornet did someone say scalping?

mighty ingot
#

i only have 2 idicators volitility & oscillator

#

im missing 1 more

#

algo v2

thin trail
#

that's odd @mighty ingot it's not within your invite-only scripts? what's your TradingView username?

mighty ingot
#

dash3d

thin trail
#

alright refresh & try now @mighty ingot

mighty ingot
#

okay

#

perfect !

#

got it thank you

thin trail
#

enjoy!

mighty ingot
#

whats a " study error "

#

?

thin trail
#

try refreshing and it should work

mighty ingot
#

im in the game coach

#

thanks lol

thin trail
#

noice!!!

frozen path
#

any penny stocks yall are looking at for tomorrow

vale ether
#

Donโ€™t trade looking at standard charts after a few beers ๐Ÿคญ

wicked siren
#

Did you lose a trade @vale ether

vale ether
#
  1. And a few thousand.
wicked siren
#

oof

#

Iโ€™m guessing you put a sell on gold or silver

gentle comet
#

caught that beautiful entry on gold 5M tf

fleet stream
long slate
#

What settings are you using Nils?

fleet stream
#

5 1.9 20

analog violet
#

!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

Lux Algo

We provide truly useful, unique & reliable tools for traders to give them an edge in any market including Stocks, Forex, Crypto & Commodities. Lux Algo aims to become the most widely trusted vendor on the TradingView platform, whereas most indicators, systems, and trading algo...

true jasper
#

Hey everyone

native marten
#

VVPR is really popping off today

warped nova
#

Morning folks

hidden moss
#

Good Morning PepeBear

frozen path
#

whats hot today

analog violet
#

Hi, on TV the price label is in real time but the hang candles are not printing in real time any clue?

empty solar
#

Which timeframe?

analog violet
#

3 min

empty solar
#

And do you have a live data package?

analog violet
#

Think it's my end

#

yes, I think my old eyes messed me up sorry

empty solar
#

hahahah it's ok ๐Ÿ˜‰

analog violet
#

no just basic, but seems to be real time data

empty solar
#

They are totally different things hahah

#

That'd be the difference ๐Ÿ˜‰

timid tapir
#

haha

#

briefly?

empty solar
#

They are just totally different

#

It's hard to compare because it's a different system totally

timid tapir
#

does lux algo incoporates a bot system as well?

empty solar
#

A bot system?

timid tapir
#

yes

empty solar
#

What do you mean by a bot system?

timid tapir
#

i am not sure, i am a bit confused.

analog violet
#

Hello, is there anyway to drag the dashboard to a more favorable part of the chart? I tried but doesn't work.

warped nova
#

You can't drag it

#

but you can relocate it

#

I change it from top right to bottom right throughout the day

analog violet
#

how?

warped nova
#

go to settings

analog violet
#

@warped nova appreciate it!

ocean snow
#

5/5 green days

hidden moss
#

Nice!

ocean snow
#

Ok i went back based on the lux roku alert on the oscillator cross

gentle comet
#

Anyone have an idea what would happen to us30 if trump wins or loses the election

fleet stream
#

Hope he loose ... but no idea ... both cases days around election should be very volatile

hidden moss
#

ehh elections historically don't affect the market in a certain direction based on part

#

party*

mighty ingot
#

Very very volatile

hidden moss
#

If Trump Loses stocks such as industry might go down but ๐Ÿคทnot really an obvious result

mighty ingot
#

Itโ€™ll be similar to nfp

hidden moss
#

and green energy might go up

fleet stream
#

Hmm ... just one tweet and marked is shocked ๐Ÿ˜‰

azure panther
#

Hi guys how do I get the candles to have outlined colors? I only have solid green red and purple candles

thin trail
coarse zinc
#

@empty solar all signals are correct except this last one on XAUUSD H1

#

theres no label for sell, but alert did trigger

hidden moss
#

Did you change your sensitivity?

coarse zinc
#

I didnt change anything

#

these are my settings

hidden moss
#

Did u setup alerts at the same sensitivity

coarse zinc
#

yes

#

i didnt touch tw since I created the alerts

hidden moss
#

Hmm Talk to Gecko or Mack because im unsure on this one

#

Sorry

vagrant meadow
#

@coarse zinc the candle you have your crosshairs on is the 17:00-18:00 candle. If the alert triggered at 17:00, it would be the candle before it, the first purple candle of the series

coarse zinc
#

yea but theres no label nearby so

pseudo totem
#

GG

vagrant meadow
#

@coarse zinc FLUSHEDD

#

I didnโ€™t even catch that ๐Ÿฅด

coarse zinc
#

yea its bad, I have webhooks to my server and from my server to mt5 for automatization, but its a big issue when it says SELL instead of BUY

hidden moss
#

ohh automatization isn't reccomended

#

!auto

frank geodeBOT
coarse zinc
#

it doesnt change the fact that the alert is wrong

hidden moss
#

this is definitely an issue though I completly agree

thin trail
#

@coarse zinc it's a weird glitch that happens very rarely where the label doesn't appear on the chart

#

i see it like once a month out of all of our users

#

i think if you refreshed everything it would appear

#

but the alert confirms it happened, as well as the candle coloring

coarse zinc
#

what exactly do u mean by "refreshing everything"

#

my 2 friends have the same settings and they cant see the label either

#

so its global issue, everyone who has the same settings as I do, cant see the SELL label, but trigger happened

hidden moss
#

@coarse zinc I believe mack meant to refresh the browser and re-add the indicator, but if your friends have the same issue then I doubt it will change anything

coarse zinc
#

yes just tried it, didnt help so its an issue in code

empty solar
#

The condition for a label and alert are identical ๐Ÿ™‚

#

It'd be a TradingView thing

#

Can happen sometimes

coarse zinc
#

I contacted tw support so lets see if its tw issue

thin trail
#

yea no it's a very rare glitch with TradingView, not our system

#

as i said, happens like once a month - it's very odd where the label recently won't appear

#

but you can see by the alert & candle coloring that it is a real signal there

coarse zinc
#

its not that rare, theres also an extra alert with no reason, for example 2x buys

warped nova
#

I hope everyone had a great green day today. I'm red for the day but only a little bit. My options were not moving much today even though price was jumping

#

theta burn got me

hidden moss
#

Welp just turned in my test 2 hours late lets hope for a C boys

thin trail
#

i wish u the best @hidden moss !

hidden moss
thin trail
#

F.

hidden moss
#

@hidden moss og emojis

analog onyx
#

its not that rare, theres also an extra alert with no reason, for example 2x buys
@coarse zinc Last time you reported this problem I studied the script and ran test to see if it was a tv related issue, and the results confirmed it could be indeed related to tv, I will check back with the settings/tf you used in XAUUSD but I think its not a problem on our side, really sorry you have to deal with that ๐Ÿ˜ฆ

coarse zinc
#

@analog onyx no problem, btw why did u choose tw over MT?

mighty ingot
#

yeah the extra buy and sell signals be confusing and annoying some times

empty solar
#

Extra?

mighty ingot
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i wish the most efficient one would show

empty solar
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The most efficient?

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Like the best ones?

mighty ingot
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yes

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i get a buy signal for 1 buy or sell signal

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kinda confusing

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i get in positions and itll reverse on me because of that

surreal abyss
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This also hasn't been the best for options trading. Definitely useful for long swings on commons

empty solar
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Confirmation signals for smaller timeframes are a bit more risky

fleet stream
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Sometimes I get an alert twice first time for example a strong and next candle again

empty solar
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We have tools better suited

fleet stream
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But as I noticed only at 1-3 min tf

gentle comet
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I find it best for 5-15m timeframe

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Although never tried on 30m TF

analog onyx
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@coarse zinc here is a proof of our alerts and labels showing up at the same time, the orange circles are associated with the sell alert condition, the blue color is associated with the sell label condition, when either conditions are met their value is 1, you can see that both are always equal, and that no signal/or alert was triggered at the time you received your alert. Its definitely a tradingview problem, in fact tradingview acknowledged it, the error seems to be frequent during high loading times.

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@analog onyx no problem, btw why did u choose tw over MT?
@coarse zinc more user friendly, but I did code using mql back in the days

mighty ingot
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what time frame is that ?

coarse zinc
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Alright thanks for explanation, yea I can see it could be more user friendly for manual traders but for another programmers it's kinda pain if it doesn't work as it should, let's see if tw responds on my tickets

analog onyx
coarse zinc
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Yea so if I export chart data it should be all correct right? I calculated profit factors etc based on certain lux settings for each pair and tf

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Chart data should match labels positions right

analog onyx
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Yea so if I export chart data it should be all correct right? I calculated profit factors etc based on certain lux settings for each pair and tf
@coarse zinc yes, note however that you should not calculate profit factors (or any backtesting related statistic) using heikin-ashi, you can have unrealstic results

coarse zinc
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Is there a difference if I use heiken ashi bars on chart but it's not selected in lux settings - use heiken ashi as a source?

analog onyx
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Is there a difference if I use heiken ashi bars on chart but it's not selected in lux settings - use heiken ashi as a source?
@coarse zinc there shouldn't be a difference

hidden moss
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@wild palm opinions on eth?

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/bitcoin

wild palm
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it would be logical for the price to slow down since its the weekend

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looks like we haven't beaten the second resistance yet

hidden moss
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we can only hope

hidden moss
true jasper
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๐Ÿ˜ฏ

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Good thing itโ€™s Friday afternoon

hidden moss
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ig you were right

sick anchor
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Is there an options channel? Does anyone post option alerts?

hidden moss
inland vale
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Can i create alerts for modified signals (5.0, 2.0, 20)? TV doesn't let me pick the signals while creating alerts so wanted to see if it's doable or TV will always create alerts based on default Lux settings (4.25, 1.95, 20)?

hidden moss
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If I am correct the signals set have the same setting as when you set the alert @inland vale

thin trail
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Yes you can @inland vale ๐Ÿ™‚ alerts are based off the exact settings you have when setting them

hidden moss
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@wild palm bitcoin going crazy

mighty ingot
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who caught BTC ? ๐Ÿ˜

wild palm
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I wish I did

hidden moss
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I did on accident ๐Ÿคฃ

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But Im not going to sell because of fees and only buying btc to fund my fx account

thin trail
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I wish I did
@wild palm same lol

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i got a unicorn long last night tho ^_^

analog onyx
raven scaffold
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not me ๐Ÿ˜ฆ

thin trail
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ah god sad to be on Column B

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rekt

hidden moss
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I caught it ๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž

analog onyx
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not me ๐Ÿ˜ฆ
@raven scaffold cheer up, I am sure some peoples where short, and crypto kidos don't always use stop losses

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so sad to be them

raven scaffold
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haha, yea Iโ€™m sorta playing. Iโ€™ve been invested in btc for 2yrs now, so I probably wouldnโ€™t have been scalping it yet.

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@analog onyx

hidden moss
vagrant meadow
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Click on this square next to your chart name. Itโ€™ll allow you to create multiple charts under one layout. The one I shared was a 5m chart & 1m chart.

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@hidden moss

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I think Alex was saying you do have to be a premium member to access this though .

hidden moss
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I think Alex was saying you do have to be a premium member to access this though .
@vagrant meadow yes is how I have it setup , using two, three up to four charts in one layout... however, I was wondering strategy wise, what you watch to enter and exit using this setup ...

vagrant meadow
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Oh. My fault. Lol. Yeah so my 5m chart is the same as it has always been (lux set to 5,2,20 + equalizer band, 15m MACD set to 12,50,9, lux oscillator set to 50). The 1m is just entry. So I use regular candles & have a MACD & a stochastic on there. Iโ€™m also using the โ€œnearest rank using arraysโ€ (free indicator by Lux) and really all that my 1m is doing is giving me a tight entry. Only enter calls when price is undervalued (oversold) and only enter puts when price is overvalued (overbought)

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I have both the SMI & slow stochastic because I canโ€™t quite decide which I like better yet

hidden moss
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Thanks @vagrant meadow ! And the nearest rank in the 1min is just comfirmation ?

vagrant meadow
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I find price breaking this is more accurate than moving averages.

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On my 1m Iโ€™m just looking for price to break from OB/OS area & a momentum shift in my favor. Just gives me a tighter entry.

hidden moss
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@vagrant meadow what are the three indicators below in this last capture?

long slate
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Hey CarMillie, im also using a setup like that; MACD, Lux Oscillator, eq bands, Lux Algo for entry signals and two SMMA's. All at 15 and 30m time frames and gives quite good signals. Still fine tuning though.

vagrant meadow
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SMI set to 5,3
MACD set to 6,12,9
Stochastic at default 14,3,3.

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@hidden moss

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@long slate great stuff!

patent skiff
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@vagrant meadow MACD is best used with 8, 21, 5 settings

vagrant meadow
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@patent skiff i havenโ€™t ever used those inputs. Iโ€™ll check them out- thanks for the tip!

patent skiff
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Yepp NP. I personally use it with RSI though

uneven spear
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@vagrant meadow do you take trades on price action?

vagrant meadow
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@uneven spear nope just my signals.

hidden moss
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@vagrant meadow do you just go off of trend and indicators?

vagrant meadow
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Yep.

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Probably why I rely on more than one timeframe.

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But it works for me ๐ŸŽƒ

uneven spear
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Could you give us a demo on how you do it. It would help everyone of us @vagrant meadow

echo terrace
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I use the 5 min candles to determine where I will enter in a strong signal but then I actually look at my 1 min candles for a pull back within that 5 min candle strong single . You donโ€™t see the pull back on the 5 min candles as well as you do in the 1 mins

hidden moss
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I found it nevermind, sorry shoulda looked

vagrant meadow
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Hereโ€™s what scares me about that. Iโ€™ve shared how I trade before and had people DM because they lost money. I donโ€™t trade FT and Iโ€™m not some 5 figure trader. So I donโ€™t want to give the wrong impression by people think Iโ€™m giving away some golden ticket. I just share what works for me.

hidden moss
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Oh rip, to the people that copied you without backtest and personal comfort with your strategy

tidal pier
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lol. i always say that you are better off understanding the concept than applying a rule. whats the point to run a rule and not understand how it works

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just like sports, you need the vision on the play, and that can't be thought

hidden moss
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I am still personally working on my own rules, I believe that having set rules with purpose is what makes you a successful trader

tidal pier
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same, trying to get a grip on this and work on my vision on the game. it's not easy task.

hidden moss
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SMI set to 5,3
MACD set to 6,12,9
Stochastic at default 14,3,3.
@vagrant meadow for any timeframe?

vagrant meadow
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@hidden moss you could likely make it work any timeframe. I personally measure OB/OS areas on the 1m for entry

hidden moss
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Interesting all this.... will look at it thanks @vagrant meadow

vagrant meadow
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Of course. Maybe you can tweak it and make it even better. Checkout the tip that @patent skiff gave me too. He recommended changing the MACD to 8,21,5.

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@hidden moss

hidden moss
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Ok will do

gentle comet
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Are crypto markets heavily manipulated?

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Like currency pairs are by banks

analog onyx
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Are crypto markets heavily manipulated?
@gentle comet good question, there was an interesting paper about that, will try to find it back but I think he concluded that it was the case. I am no expert, but in general it is easier to manipulate price when liquidity is low, stop hunting is also a relatively common practice in the crypto market.

wild palm
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for sure yeah they are, especially when they're so illiquid

lament mauve
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Does anyone have good recommendations for longer timeframs

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for the bot

wild palm
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@analog onyx if you ever find that paper I would be really interested in reaading it btw

celest burrow
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Am new here can anyone give me a strategy to use with the lux algo so I can make profits

empty solar
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Try and create something that suits you

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And your lifestyle

tidal pier
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๐Ÿ˜›

hidden moss
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good evening @wild palm any ideas on eth or btc?

hidden moss
vagrant meadow
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@celest burrow what have you been trading before purchasing Lux?

celest burrow
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Forex

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@vagrant meadow forex

vagrant meadow
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What timeframe

celest burrow
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1h

regal drum
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Hey guys what is the best time frame

hidden moss
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ehh its personal

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But Id recommend starting higher then scaling lower to take entries @regal drum

regal drum
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How low one minute๏ฟผ ?

hidden moss
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one minute is extremely difficult

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Id wouldn't go lower than 15m

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Yโ€™all are talking about buying and selling right?

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Iโ€™m new

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for finding entries and exits for trades

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so yeah

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Oh, I tried that today

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Itโ€™s LAGGY

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BTC

regal drum
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Thank you

hidden moss
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just remember don't rely on signals please

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wdym

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use the oscillator and other tools like the bands to find entries

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and signals are good as confirmations

celest burrow
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OK guys

vagrant meadow
celest burrow
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@vagrant meadow thanks Boss

vagrant meadow
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๐Ÿค™

twilit rock
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Is that a macd @vagrant meadow ?

hidden moss
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@twilit rock It is

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@twilit rock he uses these indicators:

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SMI set to 5,3
MACD set to 6,12,9
Stochastic at default 14,3,3.