I saw that previously, might find out how to incorporate the oscillator aswell
#💬hangout
twilit rock
hidden moss
Great! Im sure you have heard but don't just copy people man. Trading is personal, incorporating other's ideas is great but copying isn't always successful and it's important to find what works for you. If its from someone else great but personality is key
twilit rock
That’s my main rule when asking for help, ^
vagrant meadow
@twilit rock yes it is. This is default at 12,26,9 in the above screenshots.
hidden moss
Ehh slow
vale ether
Still@locked down; every day is exactly the same
gentle comet
Ive noticed the lux algo works much better with heikin ashi candles
wicked siren
It’s supposed to be used with those candles
empty solar
people use both 🙂
Some prefer normal candles
Some prefer HA for smoother trading
What's better for one may not be better for all 😉
vagrant meadow
@wild palm enjoy the family time- good to unplug sometimes. 🤙
@gentle comet I like to use HA candles to get a trend & enter on regular candles on a smaller timeframe
quaint cosmos
I use Renko candles, which is trend-based like HA candles but much cleaner and less noisy. Here is the quote from attached article. "Even though Candlestick and Heikin-Ashi charts help users in making good decisions, they're still time-based charts. Time is often considered to distort price movements, and this belief gave birth to Renko charts which focus only on price movement. " https://www.grapecity.com/blogs/how-heikin-ashi-and-renko-charts-eliminate-stock-market-noise Check it out.
vagrant meadow
@quaint cosmos thank you for the link- definitely going to check it out. I haven’t met many people that use Renko but the ones that do swear by it.
@thin trail you should make an announcement telling people about TradingView’s crazy Black Friday sale they do each year. Be a good time for some people dealing with the limitations of the free plan to upgrade.
twilit rock
I heard people telling me to wait till Black Friday to upgrade, that’s how good the deal is
wild palm
what does it go for roughly?
im on monthly for TV and wanna upgrade to yearly or smthn
wicked siren
Don’t follow the signals blindly @plucky mortar
plucky mortar
Burn I have seen good results on the chart lol
twilit rock
Watch price action trading videos on YouTube, and learn support and resistance if you’re new @plucky mortar i was in your footsteps, and that led me to find my own personal setting with implementing the ideas of others
lament mauve
@vagrant meadow Do you have any recommendations for scalp/day trade for stocks ?
wicked phoenix
vagrant meadow
@lament mauve 15m at default settings work well imo. Or use the 15m for trend & 5m for entry- only taking strong signals that are in trend. Lux set to 5,2,20 with the equalizer band enabled.
@plucky mortar I’d stick to the higher timeframes for sure then. Get a demo account. If you’re in the USA then TOS & E*TRADE are great. Look up Adam Khoo, Trading with Rayner, Faares Q
plucky mortar
ok so what would be the best setting for the lux algo for scalpin, taking 20-30 pips a trade?
would 15m tf and default settings work?
pseudo totem
hidden moss
SMI set to 5,3
MACD set to 6,12,9
Stochastic at default 14,3,3.
@vagrant meadow smi at 5,3 on what settings? Do you have a snapshot please?
mighty ingot
What’s the best settings for 1h
vernal jolt
! 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
vagrant meadow
@hidden moss unsure what you mean, maybe you’re looking at one from a different author. I use the one by surjithctly
plucky mortar
Lol
gentle comet
@empty solar no chance😂
patent skiff
I hate the weekends sometimes... Market bell cant come sooner
raven scaffold
I saw a video where lux algo gives a certain take profit and stop loss that you should use, I don’t seem to have this? Where do i enable it?
gentle comet
Damn right
Interesting to see what gold does this week
Would probably expect some kind of correction/consolidation
true jasper
Interesting to see what gold does this week
@gentle comet Agreed - I'm going to be scalping it this week; we'll see how Monday goes
true jasper
I saw a video where lux algo gives a certain take profit and stop loss that you should use, I don’t seem to have this? Where do i enable it?
@raven scaffold You just need to turn on this part:
I don't follow it though
raven scaffold
I don’t follow it though
@true jasper thanks! Curious as to why this is?
long slate
I've been backtesting a new strategy this week and ranging between 12 and 24 august it delivered some decent results. Hopefully in the coming week it'll prove the same :p
civic tendon
Any advise out there...I’ve been holding Apple for a swing trade on the new iPhone catalyst. Would you guys sell the morning of the oct 13 event. Or wait until a few days after?
patent skiff
@civic tendon not sure, I only hold blue chips long term.
thin trail
welcome @weary agate 💪
hidden moss
feels good to be in vip
inner yew
Same
vagrant meadow
@long slate have you backtested on Heiken Ashi only or standard candles also?
inner yew
anyone know why there were so many buy and sell signals on this relatively straight line?
thin trail
You're not using candlesticks @inner yew
inner yew
how do i turn on candlesticks?
thin trail
inner yew
ok, Thanks
so are the buy and sell signals based on Volume, Volatility and News?, Like does the algorithm take all that information into account when putting out signals?
inner yew
Ok, that makes sense, so these signals are NOT based on hype?
Also, do you know if it's possible to connect my trading view account with my broker to place trades in tradingview?
thin trail
i recommend adjusting sensitivity if you see too many signals, as well as utilizing "Use Heikin Ashi As Source" setting to help smooth signals
It's not based on fundamental analysis, it's technical only
inner yew
how do I adjust sensitivity?
thin trail
See above screenshot ^
inner yew
but how do I get to the popup?
thin trail
inner yew
Also, how long after a buy or sell signal is issued before the stock starts heading in that direction? How much time before the the market moves can it predict?
inner yew
ok
what is the average time from when it signals to when the market moves would you say?
in general
fleet quarry
Yooo VIP!!!
inner yew
This is going to be very interesting to use tomorrow, can't wait!
remote hound
Hi guys, I'm new here. Nice to meet y'all. 👋👋👋
thin trail
Welcome! @remote hound
vagrant meadow
Welcome
vale ether
G’day
Finish watching game 6, then time to do some trading
Be interesting to see the movement on Gold/Silver
Oh man
I meant to buy 0.4 lots 😂
hidden moss
LMAO is your account ok???
raven scaffold
bro I pray for you @vale ether
vale ether
Yeah, dumb luck not skill. Thankfully Lux reduces my chance of losing
raven scaffold
@vale ether what broker is that btw?
vale ether
Pepperstone. They don’t intergrate with trading view, but they’re pretty good. Excellent customer support and quick deposits/withdrawals. Spreads are pretty good
raven scaffold
Cool! Thanks
hidden moss
Finally fx markets open 🙃
inner yew
I think my lux Sensitivity might be too high lol:
vagrant meadow
WAY too high 😂
inner yew
I meant to say it was way to low
blissful quartz
what does 'auto trade' mean with Lux? Also how do I set up my alerts on discord?
thin trail
!auto
frank geodeBOT
Will it trade for me automatically? https://luxalgo.com/apps/help-center#!hc-will-it-trade-for-me-automatically
thin trail
!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
scenic wagon
whos trading options here ??
patent skiff
no one i can tell
hidden moss
binary options?
uneven spear
has anyone tested lux on normal candles?
@thin trail what is the use of use hekinishi as source?
patent skiff
It's to provide more accurate/smooth signals
if you cant stand HA candles, just open an extra tab with HA candles with duplicate chart and go off the signals from there via your traditional chart
patent skiff
@uneven spear no problem my guy. and no
but if i were you, id take my suggestion. open another tab with HA candles and click on use HA candles, use it on the timeframe you normally would do and just base off your entries around that(not blindly)
even better if you have a 2nd monitor, but if not, just open on a 2nd browser(not within the same browser tab so you can ALT TAB to switch between the multiple charts)
That what i specifically did when i didnt have a 2nd monitor... not i have 3 xD
hidden moss
I always used candles before this but I like HA better
patent skiff
now*
HA is best to view trends
HA candles track price a bit differently than traditional candles though
I always used HA candles when I first started out, so it worked perfectly when i started using lux algo
There are downsides to using HA though
patent skiff
https://www.youtube.com/watch?v=Lwrz6Ckbwqw&t=196s watch this video on overview of HA candles
Great youtube channel also btw
uneven spear
i am not sure how people use the lux
but backtesting what i realised is if you use stocks instead of options, you could make consistent money with proper risk management
options get little tough with risk management and entries
patent skiff
Yrah I only trade stocks. Specifcally scalping
uneven spear
yes. All the strong signals, gives you atleast 1R
scenic wagon
what timeframe have you found effetive
Yrah I only trade stocks. Specifcally scalping
@patent skiff
patent skiff
I rarely use the buy/sell signals lol
its to just confirm my notions on my entry and sells
hidden moss
what do you mean, what do you use then?
wild palm
nice lookin chart
patent skiff
I literally change my color scheme every other day xD @wild palm
wild palm
lol i do the same sometimes
heres to hoping london open moves crypto up, goodnight everyone 💤
long slate
@long slate have you backtested on Heiken Ashi only or standard candles also?
@vagrant meadow
I have yet to test it with standard candles. I’m not too quick with backtesting haha
gentle comet
https://www.youtube.com/watch?v=Lwrz6Ckbwqw&t=196s watch this video on overview of HA candles
@patent skiff I learned a lot from this guy
His VWAP strategy ive been using is very good
hidden moss
whats the directional matrix mean?
fleet stream
hidden moss
What timeframe
hidden moss
Anybody else?
vale ether
5/2/20
hidden moss
@vale ether what timeframe bro
scenic wagon
Watch out for theta my friend
meager badge
anyone got ideal settings for the equalizer bands
empty solar
You can't change those
meager badge
oh ooops
thin trail
W
stuck spire
I drop by here once in a while to say i love LUX aLGO . ADIOSSSS AND LETS MAKE EL PeSos !
scenic wagon
i love this thing omg
first day using it nd killin it
really takes the emotion oot
hidden moss
Anybody trades gold with this?
scenic wagon
out
hidden moss
Im still looking for the best settings
true jasper
I do
meager badge
are we allowed to drop our social media users here
hidden moss
Can someone who is experienced with gold give me their lux settings?
true jasper
What timeframe do you like, @hidden moss ?
meager badge
right but i'm not too entirely sure if that self promotion is strictly regards to diverting attention to your own business
hidden moss
H1 $ 4
meager badge
ill ask gecko or mack
hidden moss
&**
meager badge
@empty solar @thin trail
true jasper
sure thing.
@hidden moss - I haven't done 1-4H on gold for a while.. let me go see if I have saved settings
true jasper
lately, I've been killing it on the 1m
unkempt lodge
whats your timeframe for gold
true jasper
Not at all.. Here's how I do gold on the 1m https://youtu.be/35A1qSAtLZM
thin trail
right but i'm not too entirely sure if that self promotion is strictly regards to diverting attention to your own business
@Xclusive.Blacklist#2453 sorry yea no self promotion allowed
true jasper
but I have settings for 4 hr... standby
thin trail
^ Klaw’s videos are great you guys can find on YT by searching us too
true jasper
the strategy is the same.. just the settings need to change
hidden moss
Not at all.. Here’s how I do gold on the 1m https://youtu.be/35A1qSAtLZM
@true jasper wont it have alot of false signls?
true jasper
You'll see
hidden moss
Ok bud
thin trail
!settings
frank geodeBOT
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
hidden moss
Thabks alot man
true jasper
There are false signals - as with any indicator
thin trail
You can optimize Lux for anything of course^
true jasper
Never take any one indicator blindly
hidden moss
@true jasper what other indicators do u use
true jasper
SMMA, a Strength Indicator, Oscillator, and Volatility.. It's all in the vid
true jasper
Here are my 4Hr settings
hidden moss
Thank u so much sir
true jasper
Does pretty damn good... but when you watch the video, you'll see I usually use Lux as a confirmation, NOT always a signal
Then it becomes frikin' AWESOME
hidden moss
@true jasper thank u so much sir
true jasper
Happy to help!
hidden moss
Im still confused with settings
true jasper
ask me anything any time
hidden moss
How u know what sensitivity and all to change too
true jasper
the youtube video up there, ya
hidden moss
🤣
true jasper
?
in short: this is how I adjust my settings
- find a daily high/low
- Narrow in on it at the timeframe you want to trade
- Adjust the Sensitivity so that you're as happy as you can be
- Adjust the Agility so that you're happier
- Adjust the Smoothing so that you have an orgasm.
did I get that right, @thin trail ?
lol
thin trail
essentially haha
scenic wagon
i dont get how you dont have more members.
true jasper
quality over quantity
meager badge
i dont know if this is helpful for anyone but
lux is pretty darn good paired up with wyckoff
hidden moss
Whats wyckoff
meager badge
Robert Wyckoff's theory of structure
let me give you the perfect website to learn
true jasper
Currently, it's this.. I make slight adjustments, depending on the day
true jasper
meager badge
perfect appreciate it
scenic wagon
what do you trade @meager badge
scenic wagon
forsure thanks my guy
meager badge
sheesh
hidden moss
thin trail
noice!
meager badge
For anyone wondering this is how effective lux and wyckoff is
on my chart where it says spring
there is also a buy signal
along with a retest at AR buy
true jasper
Interesting...
meager badge
i trade whenever there is a signal correspondent to my analysis
for example my analysis says buy in a specific area and lux also says that. thats when i pull the trigger
you gotta look at it like this. Lux prevents you from the emotion trading and second guessing rather than straight signal selling and buying
zenith cedar
I like the lux algo already
hidden moss
Thoughts on gold guys?
zenith cedar
Produces good signals
mighty ingot
That’s very true
buoyant dagger
What the hell is happening to Binance coin..
I keep scalping it, and I wanna stop since it looks like it wants to blow up at some point, butttttttt it just keeps going up
hidden moss
@meager badge understands 🤣
vernal jolt
!settings
frank geodeBOT
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-adjusting-input-settings
scenic wagon
why did SNAP get a strong buy signal on the 2 hour? I compared it with my charts and they all said sell
empty solar
!visible
frank geodeBOT
Our Discord market scanner alerts all use the following:
- Heikin Ashi Candles
- Default Lux Algo (V2.7 inputs & no toggle options enabled)
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / OANDA / COINBASE / BINANCE
TradingView alerts are set per your exact settings, timeframe, and enabled toggle options at the time you set the alert.
Adding the Equalizer band makes it require more confirmation to register a signal as "Strong".
scenic wagon
forsure, forsure, Thank ya
half crag
are most of u guys trading forex?
patent skiff
most here trade crypto and FX. I personally trde stocks
warped nova
I trade stocks and indices
half crag
damn is crypto and FX where the money is at? im trading options as well
but not getting my desired results
patent skiff
Maybe. I dont like crypto and FX but thats me
gentle comet
US30, NAS, DAX and gold
patent skiff
I think its more viable to trade stocks
scenic wagon
Honestly if you know what your doing with options you can make bankkkk
half crag
yeah true but, only thing that screws me up w options is getting filled
scenic wagon
What are u trading on??
half crag
tastyworks
scenic wagon
Thinkorswim or webull I think are the best for filling
half crag
tastyworks has near unlimited day trades which is y i moved there
scenic wagon
So does webull and tos
half crag
yeah ive heard about thinkorswim might move there too
what other indicators r u guys using for confirmation w lux?
scenic wagon
Only thing is, you have to let your profits from options settle, takes a day
Use the vwap, use reversal zones, the new dashboard to see if bulls or bears have control
Those are some of the basics I put in
But today’s my first day and it’s working
half crag
what r u trading?
true jasper
The formula I use
with the indicators:
- Absolute Strength Histogram
- SMMA
- Lux Volitility
half crag
thx @true jasper im deff gonna give that a try
gentle comet
How do you use the Absolute strength histogram
true jasper
but here's how to THINK:
- Look for indication of possible trend
- Look for 2nd confirmation
- Check for Strength
- Check for Volatility
- Enter market with good Risk Management
- Exit Strategy
and I use indicators to help me with all that
even the exit
This video goes into more detail about how I rig the Histogram: @gentle comet https://youtu.be/35A1qSAtLZM
half crag
what sma are u using?
true jasper
"Smoothed Moving Average" < you have to search by typing it out
half crag
perfect thx!
hidden moss
Today has been exiciting
true jasper
hehe.. I don't trade Mondays - but it looks like I should've
patent skiff
anyone checking out WIMI? shit is running hard
scenic wagon
damn way above the reversal zone. thats crazy
patent skiff
it was on my scanner lmao. ended up going with MDLY
gentle comet
Gonna continue holding dax 😍
hidden moss
Guys is the confirmation signals missing from ur chart too?
half crag
im also looking at apple n spy, waiting for another rally for tmm apple event
@scenic wagon
craggy turtle
Hi all does IG let you trade commodities?
craggy turtle
Ok thanks @hidden moss I am switching from oanda to IG then
gentle comet
i dont find those brokers great
very low leverage
i prefer brokers like IC markets
1:200 leverage
mighty ingot
I need a new broker
gentle comet
Although I have left IC markets i now use Fusion markets
lower spread and zero commission
mighty ingot
Hugosway has gotten terrible
gentle comet
lol i wouldnt touch them with a barge pole
they arent even regulated
fx choice are also a good broker
nimble folio
Hi guys
mighty ingot
Sheeeesh lol
nimble folio
anyone trading US100?
nimble folio
nice
mighty ingot
Any American brokers recommended?
nimble folio
what tf @gentle comet ?
gentle comet
15m and 5M
nimble folio
ok
nimble folio
ok
twilit rock
@gentle comet do you have a lot of s/r or just key one you find; I see people having 100s of lines in a chart
gentle comet
@twilit rock I know some people dont like it but I mark out all the zones relevant to the trading day. So I mark out the ones in the daily range and then more inside that when i go into the 4hr and 1hr charts. I like to see the bigger picture
Only S/R though i dont look at trend lines that much
I have about 7 lines on my chart RN
twilit rock
Yeah I can see the trend by the eye, you mind sharing how a chart would look like for you?
hidden moss
@gentle comet yeah IC markets is a good broker , the only problem is people from US can't use it.
Anybody trading gold now?
gentle comet
Sure @twilit rock
1 hour
15M
When i mark out my zones and do top down analysis i usually remove indicators. Strictly on a naked chart
craggy turtle
@hidden moss not US accounts for commodities only FX maybe that's why many funds are offshore
gentle comet
@hidden moss no way really? I had no clue about that. I wonder why that is. So people based in usa can only use us based brokers?
I think US based guys can use FX choice though
twilit rock
Ohh ok so in reality do more of a rectangle, than just a line straight across, I see it helps spot the zones better
craggy turtle
just got off the phone with IG only global accounts can trade commodities
hidden moss
@craggy turtle oh my bad I didn't know you're from US!
craggy turtle
no worries I got to trade through you @hidden moss hahhahaha
gentle comet
@twilit rock Yea i tend to use rectangles as its more of a zone than a specific price
craggy turtle
@hidden moss leverage 500:1 right?
hidden moss
@craggy turtle it depends on your capital. I personally recommend you go with 100:1
gentle comet
My strategy is volume based and I use a lot of volume indicators and S&R always tend to be the level when the most volume is
@twilit rock
calm tusk
15M
@gentle comet what 3 indicators do you use below the chart?
twilit rock
Me too, I usually trade during high volume since I don’t want to get stopped out in low volumes
gentle comet
@calm tusk i usually use the RSI and EMA cross indicator with ADX/DMI. Ive been trying out a few others such as lux oscillator, OBV and absolute strength histogram
on my chart u use VWAP and 50 EMA
I*
craggy turtle
Na in the US it’s only 50:1 max @hidden moss
vernal jolt
how can i take swing highs and lows and add alerts to them, i have the pine script from yours just need to set the alrerts
analog violet
frank geodeBOT
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
half crag
apple is going stupid rn
patent skiff
scalped apple today
half crag
u shouldve kept it its going long
cunning oak
think it's too late ?
patent skiff
i only scalp lol
half crag
kinda odd my MACD line was below the signal but it kept going up
patent skiff
I only hold stocks in my roth homeboy
cunning oak
i got apple and Amazon today cause prime day and iPhone 12 coming this week i think i buy more I'm up 80% already
patent skiff
Money today was in MDLY, JAKK and WIMI
half crag
damn u killed it
patent skiff
:)))
vernal jolt
Swing high and low has no alerts like the others standard doc does not work as pine code needs alert condition please hekp
patent skiff
what broker are you using
ionic juniper
Roboforex
patent skiff
i dont trade FX, sorry
ionic juniper
Its not fx
patent skiff
oh. never heard of that broker though
hidden moss
Its thanksgiving today so its closed, correct me if i am wrong
ionic juniper
I can trade on demonaccount on other broker
gentle comet
i thought thanksgiving was november
hidden moss
This year Thanksgiving is on November 26 2020(usa). Today is thanksgiving in Canada.
vernal jolt
Swing high and low has no alerts like the others standard doc does not work as pine code needs alert condition please hekp
need to apply alertcondition(....)
how to make alert for HH
?
scenic wagon
!alerts
frank geodeBOT
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
ionic juniper
Look what i missed
gentle comet
How do i get that on my chart
thin trail
you can click the TradingView link in the announcement and add it to your favorite scripts
hidden moss
Mack why is the discord bustling all the sudden
thin trail
then access it from indicaotrs
the weekends are slow, people go on vacation @hidden moss haha
hidden moss
Yeah but fri and thu
gentle comet
Thanks🤘🏽
hidden moss
Were a bit slow
@gentle comet or you can just search up this : Swing Highs/Lows & Candle Patterns
vernal jolt
alertcondition(valH > valpH , title = "HIGHHIGH" , message = "Higher Higher")
now i will combine with volume
soft locust
anyone doing an amazon call?
twilit rock
Anyone use renko charts?
pearl zodiac
I’ve never traded forex before do you guys recommend it
Also what does the Oscillator tool do ?
terse lintel
Hi guys, I usually trade on 15 , 5 min timeline, however with default settings I’m getting a lot of fake outs . Can anyone share some suggestions, I’d be grateful.
patent skiff
That's just the market for you lol
clear terrace
No cap
patent skiff
It's called algos and shorters my dude
clear terrace
Lol
patent skiff
but your profile pic defintely suits your question.
terse lintel
Thank you, very informative,.
patent skiff
Maybe increase the number under sens tab
terse lintel
Maybe, you could share your settings/ experience. You see , this is my first time using any kind of algo... previously I was always using strategy that I’ve learned. And this is only my second day using lux .
empty solar
Well before lux could you profit on those small timeframes?
terse lintel
Yes about 55 -60% , I’m not saying that lux doesn’t work I’m just trying to find right settings, so it complements the strategy.
empty solar
hmmmm probably a higher sens is you want to use the signals
But for lower timeframes there are features that you may prefer or find more useful
terse lintel
Could you give some examples?
empty solar
Of what?
Things you may like?
The EQ band is very good for filtering
Reversal zones
oscillator
terse lintel
Thanks a lot for your advice, I guess I’ll have to play around and see what will work. Also would be great if you guys could make some informative videos on YouTube?
terse lintel
Ah brilliant mate , I will definitely check it out, thank you for suggestions.
terse lintel
As for agility and smoothing?
gentle comet
i usually leave everything else the same
gentle comet
anytime
hidden moss
Thanks a lot for your advice, I guess I’ll have to play around and see what will work. Also would be great if you guys could make some informative videos on YouTube?
@terse lintel There is a lot of work with updates and all this stuff.
if I'm not mistaken, youtube videos are also planned in the near future.
terse lintel
Ahh brilliant, stuff I’d be on the lookout, please keep us updated!
empty solar
Yeah we are working on some good stuff 😄
scenic wagon
KrisKros what do you trade
terse lintel
Fx majors , Dax, Nas, typically, sometimes crypto and gold
scenic wagon
gotcha, i trade them stocks
patent skiff
STONKS
gentle comet
Does anyone else use ADX indicator
Is there anything i can do to reduce the lag
It can be so good but also a pain im the ass sometimes
patent skiff
dude indicators are the male version of astrology
gentle comet
That is a bold statement lol
patent skiff
LOL
pearl zodiac
@terse lintel
I never get faked out with these settings
Also don’t rely on this tool for trades use this as a confirmation before entering anything bc. 85% of the time it’s right
Use the 5-15m for day trades
The 1 min for scalping
And I personally look at the 3 hour and 1 day for swings
The trend lines in this tool is your best friend
wanton imp
Is there a way to spot a good entry using only indicators without needing to make a full analyse of the chart? in forex trading
hidden moss
Sometimes.
long slate
Does anyone know how to open a template in TradingView for iPad/iPhone
wild palm
dude indicators are the male version of astrology
@patent skiff this is the funniest thing i've read all day 🤣
joe rogan is oprah winfrey for dudes
hidden moss
Great day today guys. Hope everyone profited 
zenith cedar
No worries, i refreshed the page and found it the lux algo in conditions
vale ether
here's a question to more experienced traders; how do you prevent overtrading?
or is it not considered a problem?
hidden moss
Find something to invest in that will give profit
vale ether
nah, i meant for the day
vagrant meadow
@vale ether aim for a daily goal. If it’s $200/day, then once you hit it either scale back significantly or quit trading entirely. I know I guy who trades ES futures and aims for like $800. Once it’s hit he trades micros (MES) so if he starts to lose it is minimal.
Another guy I know drops from 10-20 contracts to 1-2 on options. Then he quits between 11:30-12.
vale ether
Yeah, I think that's really sensible advice.
I just need to deal with the psychology and fomo of it.
It's why I was working 5-6/days week on my year off. Every day you didn't work felt like you were "losing" money
short kayak
Does anyone know how to set up alerts on color changing indicators
vagrant meadow
I hear that. The almighty dollar will run ya into the grave
@short kayak which indicator(s)? Lux?
short kayak
No I run another trend indicator along side lux I’ll send a pic
It’s the one going from yellow to blue in the middle
vagrant meadow
@short kayak it doesn’t appear you can. The color changing isn’t a “plot” for it to alert you on. The color changes based on value. If price is below- yellow if above then blue. So you could write an alert for price breaking the line
short kayak
Ohh ok I see, thank you for the help tho👍🏽
oak gazelle
@vagrant meadow is it possible for you to give call outs when you are entering the trade and telling us why you are entering? 🙂 that will help us a lot 🙂🙂
hidden moss
@vale ether Which chart do you use when scalping 3 /5 min?
frozen oasis
Lux is so amazing with stocks
scenic wagon
what stocks you trade this morning
woke up a bit ago, still waiting for a nice setup
frozen oasis
Nothing today, only swing trade so I work on 4h & D Timeframe
but yesterday I take DIS & AMD
frozen oasis
And I got AAPL & MISFT since the 7 oct
scenic wagon
yesterday
frozen oasis
MSFT*
scenic wagon
niceeee
weary agate
i just traded movies with netflix
🦾
man they gave me some profits and unreleased netflix movies
frozen oasis
Yep 31% gain in in 10 days
weary agate
LOL
frozen oasis
and 41% if i sell everything now. I put some SL to protect my profits 
weary agate
frozen oasis
@scenic wagon omg roku oO
scenic wagon
frozen oasis
what's nitro ?
hidden moss
you get emojis basically
weary agate
you get emojis from any server you join
and gif pfp
and emojis
and larger videos and sizes
hidden moss
frozen oasis
ok 🙂
hidden moss
I aint got 10 bucks to waste
hidden moss
that goes to my mediun iced latte 
weary agate
oh you in college?
hidden moss
yeee
weary agate
hidden moss
wbu
hidden moss
Ehh im just a freshman so
hidden moss
nooo
ionic juniper
😤
weary agate
hidden moss
oh okay
ionic juniper
Got fucked
weary agate
tuff
ionic juniper
Never nasdaq again 😂😂
ionic juniper
De30 my babe
hidden moss
ehh us indices are sketchy
ionic juniper
you shouldnt use the 1m timeframe anyway
@weary agate worked for me on de30
hidden moss
I only trade speculative options 
weary agate
lol
hidden moss
hows the 100usd account doing
weary agate
how many pips you lost?
hidden moss
@weary agate shouldnt u be in class
hidden moss
oh
weary agate
@hidden moss shouldnt you be studying
weary agate
sheesh
hidden moss
doesn't mean im gonna
ionic juniper
hows the 100usd account doing
@hidden moss yeah lost my profits because of nasdaq
News went agains me
Hard
At 15:30
jaunty valve
Is anyone taking the signals forex?
sick anchor
I have been and they’ve been working great
I use 4H since those seen to be more reliable especially if I’m swinging
viral meadow
How about 2H? Are they working ok? I’m New I just Got it Yesterday
sick anchor
They’ve worked fine but I find the 4H more profitable. I usually leave it for 12-24hrs set a SL and next day I’ll set another call. I dont really trade forex but wanted to give it a try on lux algo and have just been going off of the signals posted on forex alerts section
frosty bobcat
Hey Guys, i hope everyone is doing well what do you guys think about EUSTX50 on 1D?
mighty ingot
what time frame ?
empty solar
Looking Imma guess 15m
mighty ingot
us30 lagging
wild palm
college caffeine addict
@hidden moss bruh make coffee at home thats a lot of $$$ everyday
rancid moat
Dow Jones barley has any volume
hidden moss
@wild palm 10 dollars a day was a bit if qn exaggeration maybe 25 a week
buoyant glade
for the ppl that trade options, what timeframe u guys use to enter exit trades?
mint umbra
Hey guys what is the best setting for lux algo to trade forex
Sensitivity and other parameters
round agate
Bruh I finessed Nas100 today
The scanner and I are becoming 1
The more I use it the better I become
jaunty valve
@round agate Which scanner are you referring to the signals we get from discord?
round agate
No
I mean you can use those signals to check for movements
But don’t just enter those trades without checking them out first
I’m talking about the lux algo
short kayak
Is there a way to make alerts for both strong sell/buy and regular sell/buy in one Alert
true jasper
Sensitivity and other parameters
@mint umbra I got something fo ya
The best setting doesn’t exist. Trust me.
In the three months I’ve been using Lux, I have easily spent over 500 hours in front of the computer back testing and forward testing settings.
In forex, I trade 28 pairs. I have saved 23 different setups of Lux to help me win more and more importantly lose less.
You don’t have to do that... but you won’t find the consistency in your P/L ratio.
And if you don’t want to study, practice, and apply your discoveries, well - honestly, you’re in the wrong line of work.
NOW... Lux fasttracks your progress... but ONLY if you take the time to study two very important things.
- How the market moves the way it moves
- WHY the market moves the way it moves
Notice how I didn’t say ‘learn’ those things. You never will. You’ll study it till the day you stop trading. The faster you apply your studies to those two things above, the faster you will be able to adjust Lux’s settings to fit your style of trading.
heady crystal
Where do i go for sensibility
pulsar sentinel
So I have a question about buying options.
I bought 2 $349 SPY 16NOV puts this morning, at the time, SPY was trading$351 saw the STRONG signal come in, saw volume, the oscillator and decided to jump in.
Now, why is it that even though the trade is going my way, my account goes into negative? Decided to cut my losses since there it looked like it wanted to reverse.
vagrant meadow
What time did you enter & exit? Sounds like theta but with a month’s worth of time I hesitate to say that
Can you screenshot your trade ticket?
@pulsar sentinel
bronze lotus
Maybe you have a broker free for every enter and exit?
pulsar sentinel
Hold on
@vagrant meadow
There it is
And now, SPY is at $349.83
Alert and my decision was right, just don’t understand why some options go into negative when the the stock is in the right direction.
It was a weekly
soft locust
If the expiration is a month long sometimes your entry is higher than the price. Same thing happened to me on pypl it was a month out and the ask was like $2 more than two weeks out. I was negative for a day then it kept going up and finally made money. It’s kinda weird
Theta shouldn’t be a problem since it was a month out
vagrant meadow
You entered at 9:45 & exited 10:05?
pulsar sentinel
If the expiration is a month long sometimes your entry is higher than the price. Same thing happened to me on pypl it was a month out and the ask was like $2 more than two weeks out. I was negative for a day then it kept going up and finally made money. It’s kinda weird
@soft locust
Right but some times it’ll happen with weeklies and some times it doesn’t
You entered at 9:45 & exited 10:05?
@vagrant meadow
Correct
scenic wagon
whos your broker
vagrant meadow
Didn’t have enough time to play out. Also you went against the oscillator
This is a 1min chart with regular candles. This shows you price action. So you can see, the trade never really went in your favor
soft locust
See how it says strong sell? That’s a huge indicator the trend is bearish
Sometimes patience helps. It happened to me yesterday shorting Amazon it went against my favor but waited and went from -300 to winning 900
pulsar sentinel
whos your broker
@scenic wagon Robinhood.
I use mostly RH to sell Debit Spreads, just want to try out buying options with it instead of my TD account
scenic wagon
if you had puts and held they wouldve printed
pulsar sentinel
Didn’t have enough time to play out. Also you went against the oscillator
@vagrant meadow yeah man, saw that but I did buy 2 puts
See how it says strong sell? That’s a huge indicator the trend is bearish
@soft locust i know, that’s why I bought those 2 puts, my problem is that I didn’t see them moving that much
vagrant meadow
Yes I see the strong sell. But if you refer to my screenshot I showed you price action between 945 and 1005. Price never really went much in your favor so therefore door put contracts lost value
Went from $351.48, bounced, proceeded lower, double bottomed, bounced hard and you sold at $351.86. Assuming you held candle close to candle close.
soft locust
@sick anchor I leave it the way it is
pulsar sentinel
Yes I see the strong sell. But if you refer to my screenshot I showed you price action between 945 and 1005. Price never really went much in your favor so therefore door put contracts lost value
@vagrant meadow Appreciate your input, I’ll really consider that time.
jaunty valve
@soft locust Hey. Are you taking signals from the stock bot scanner?
soft locust
@soft locust Hey. Are you taking signals from the stock bot scanner?
@jaunty valve
Yes!!! I love that thing
jaunty valve
@soft locust Is that what you use majority of the time?
river coral
Anyone trade futures with Lux? I scalp ES & NQ, I currently use the default settings but i was wondering if somebody had recommendations
true jasper
I scalp a few things. I change my settings on every one of them
soft locust
@soft locust Is that what you use majority of the time?
@jaunty valve Yes
jaunty valve
@soft locust How do you determine your Take Profit?
@soft locust And how profit have you been with it?
soft locust
I scalp so I usually take profit at 10%
I just opened a dog grooming salon so I just got back but I’ve been doing $500-$1000 a day
@jaunty valve how you’ve been doing on your trades?
unkempt lodge
what do you trade @soft locust
soft locust
I usually do apple Amazon roku zm tesla pypl
And I’m very careful on stocks I haven’t done DD on
So these are my mains
unkempt lodge
I guess weekly options
narrow aspen
I have a similar story to hers, except i have blown up (3) times on AMZN, i used to use 1 hr charts but now reduced down to 1 min charts, any tips with your Lux ALGO?
soft locust
I did calls on Amazon yesterday and puts the last 2 hours
I love Amazon I always make money tsla I’ve hated lately people just love shorting it
I use 1m chart as well
clear terrace
No cap
jaunty valve
@soft locust I mainly trade forex. I just take about 10- 20 pips per trade. This is my second week using lux algo. So far so good just trying to put together a trading plan
soft locust
I started of cash I had 5k and I would do $2500 everyday. It takes a day on Webull for cash to settle for options
sick anchor
I'm trying to use thinkorswim since sometimes I day trade but I find it a bit confusing
wild palm
@true jasper watched your gold video, gonna watch the indices one later on. excellent stuff, very informative
so much of youtube is trash for trading
true jasper
Thanks
soft locust
Webull u literally just click close position
true jasper
I agree about YouTube
cold escarp
hi y’all, new here
wild palm
👋
empty solar
jaunty valve
Welcome
cold escarp
thanks! looking to learn more about best time frames for scalping and forex/gold
soft locust
@cold escarp I would go for 1m for scalping
cold escarp
noted. what would 3 and 5 min TF’s be better for?
pure root
What Lux algo settings are y’all using for M15?
regal moss
How do we get the. We oscillator on our church
tall finch
How are people here using the green/red bands... is there another filter you’re using with it?
brittle basin
I did calls on Amazon yesterday and puts the last 2 hours
@soft locust what are your settigs?
zenith cedar
Question for all the scalpers. Did you backtest lux algo? What do you prefer, candlesticks or heikin ashi candles? And What time frame you personally feel is best for scalping?
round agate
You’re supposed to be using heikin with the lux
cold escarp
do you guys use mt4 with lux? i’m doing trades with mt4 while watching the charts on tradingview
not sure how to get heikin with mt4
cold escarp
i see.. what do you guys use to make your trades?
hidden moss
MT4?
round agate
MT4
zenith cedar
Oh no
the heikin ashi is on tradingview
that's the recommended setup for lux algo
I just take trades on mt4
analysis Tradingview
round agate
Gotta use mt5
zenith cedar
I do have an heikin ashi indicator for mt4 though. But you have to make the candlesticks invisible
zenith cedar
I have an indicator for heikin ashi on mt4, but honestly I don't use it I just use the one on tradingview
regal drum
Hey guys quick question I got 400 Chairs zoom should I sell it early in the morning I don’t know how many people in here holding zoom
scenic wagon
i mean zoom just keeps going up, I dont see the reason to sell.
in my opnion I dont think zoom can mantain this price if things go back to normal, but who knows when that will be? This could also be the new normal which could make zoom just keep going. I personally stay away from it.
potent robin
How do I know if it was a strong buy or strong sell?
dull moat
Anyone here trading with IG? How do fing trading their Knock out options?
gusty pier
Just wondering if anyone can help I’m still trying to get the hang of lux algo, Any good time frame recommendations ? Along with any setting set ups ? Thank you
hidden moss
Same, can anyone suggest which time frames is good for intraday??
hidden moss
1h + timeframes
zenith cedar
just spotted a repaint
verbal crown
Oh shit, that's not good.
zenith cedar
happened twice on gold London session
hidden moss
Want to explain to a newbie what a repaint exactly is? Or maybe a link to a document I can read? Thanks in advance
zenith cedar
it means a signal was canceled.
stuck terrace
If the indicator showed up DURING the candle formation and vanished before it closed, that is not a repaint.
verbal crown
Candle has to close
verbal crown
👍
hidden moss
Thx all
zenith cedar
wait
verbal crown
You got me worried then 😆
zenith cedar
but still I had one candle closed in 1h that closed but wasn't there
afterwards
Anyways will be looking for another signal
Good trading session
empty solar
Algo never ever repaints ☺️
My number one pet peeve 😂
A signal appearing or dissapearing on the current candle isn't repainting
Using that logic moving averages and absolutely every indicator repaints since they aren't fixed until the candle close
gentle comet
Using that logic moving averages and absolutely every indicator repaints since they aren't fixed until the candle close
@empty solar Yea every indicator does it
vagrant meadow
!resources
frank geodeBOT
Link to our Help Center, many common questions can be answered here: https://luxalgo.com/apps/help-center
vagrant meadow
!guide
frank geodeBOT
Quick link to our User setup guide: https://luxalgo.com/apps/help-center#!hc-user-setup-guide
vagrant meadow
@potent robin read those ^ it’ll answer your question. In short- strong buy initiates green candles, strong sell initiates red candles
@gusty pier the “go to” answer to this question is whatever you were trading before, just add Lux to it. In any case, it works well on any timeframe. I use 1/5/15 for intraday. 1H is extremely popular on here. If you want to hold longer term do 4H or 1D candles
safe smelt
Brokers, I have hugosway right now but some of there spreads are crazy......shopping right now.. looking for a 500:1 and allows usa to open an account...... also regulated..... what are you usa customers using now
hidden moss
!upgrade
frank geodeBOT
You can upgrade your monthly subscription at anytime during your subscription by purchasing one of our exclusive plans.
Once purchased, we ensure your monthly subscription is cancelled for you and add on the remaining amount of time left to your new plan.
zenith cedar
Still new with the lux algo, so I might still need to take some notes. But the learning process is costing me money though
can't catch them all
Is there a recommended SL
?
plucky mortar
You guys think lux algo will stay forever? Cuz I am really loving this thing
empty solar
@plucky mortar of course ♥️
plucky mortar
😍
upbeat herald
You guys think lux algo will stay forever? Cuz I am really loving this thing
@plucky mortar what do you trade?
plucky mortar
Forex
upbeat herald
Forex
@plucky mortar me to
plucky mortar
This is really sniper with entry
I use it for my entry points and TP and SL
If I’m downtrend I don’t have to be looking at many thing I just confirm with lux algo where I have to enter
upbeat herald
This is really sniper with entry
@plucky mortar one setting for all the pairs?
plucky mortar
Yes
upbeat herald
what is your settings?
coral wyvern
Does someone know how to add Luxes Algo Scripts from their profile on the TradingView plataform?
empty solar
!guide
frank geodeBOT
Quick link to our User setup guide: https://luxalgo.com/apps/help-center#!hc-user-setup-guide
upbeat herald
@plucky mortar one setting for all the pairs?
@upbeat herald What timeframe you trade?
gentle comet
On trading view alerts when it says once per bar close i take it thats only going to notify you once the bar has closed but what if i wanna be notified as its happening or as soon as it appears
Sometimes if the bar has closed it could be late
frank geodeBOT
Sign up to be an affiliate for Lux Algo: https://luxalgo.refersion.com/?oid=74006
grave vortex
I like the Live bot stock scanner. How do I set-up an alert for a specific ticker? Thx
hidden moss
!alerts
frank geodeBOT
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
zenith cedar
2 positions open
warm crag
Hi I need live data of Future on tradingview ..
How can I do it ? #
tidal pier
@warm crag contact trading view
warm crag
I’m looking for a broker that work with Ninjatrader and tradingview
tidal pier
not like we can do anything anyway. only way to get something from them is contact them. but i guess it's all done through their website
warm crag
All the morning I trying these
river coral
You can purchase real time future data from tradingview for like 2.99/month for NQ and ES @warm crag
warm crag
You can purchase real time future data from tradingview for like 2.99/month for NQ and ES @warm crag
@river coral all check this one thank you
ebon fog
ocean snow
cold escarp
hey guys, is there any way to have notifications on mobile when a stock hits a buy/sell point?
patent tide
@cold escarp you can tick the notify on app button when making an alert on tradingview
!alerts
frank geodeBOT
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
cold escarp
cheers, thanks
warm crag
You can purchase real time future data from tradingview for like 2.99/month for NQ and ES @warm crag
@river coral I got this error mate..
upbeat herald
This is really sniper with entry
@plucky mortar what timeframe you like the most?
vernal jolt
very excellent day using lux. v2
only half way through the day
once you put enough effort and automate the trades its great
daring jasper
@vernal jolt what time frame?
hidden moss
I love XAUUSD just a seamless profit (:
upbeat herald
with this setttings?
hidden moss
yeah, I didnt go off the signal as entry @upbeat herald I used it as confirmation
cold escarp
@hidden moss what time frame is your favourite to use on gold?
long slate
Same for me today in gold 5m, had 14 trade signals by Lux Algo (3.8, 1.96, 20) + eq bands and in combination with MA21 and 55, oscillator and MACD I took 11 wins, 2 losses and 1 trade ignored due to a false signal. Great stuff!
vernal jolt
@daring jasper various depending on pair
xauusd very crazy profits 1 lot produced excellenent profit
warped nova
Hola, folks. Everyone doing good?
wild palm
pretty good! you?
warped nova
I"m alive, can't complain
wild palm
can't argue with that
oblique hollow
HI everyone just joined
cold escarp
nice nice
vernal jolt
auxusd wow
wild palm
markets are active today this is nice
mighty ingot
is there a way to turn off the candle change ?
mighty ingot
yes