💬hangout

[empty solar]

Always default unless stated

!alerts

[hidden moss]

How to set up your own custom alerts in TradingView: https://luxalgo.com/apps/help-center#hc-creating-alerts-on-tradingview

[gilded pilot]

Sounds good. Is it using a 5 second chart? @empty solar

[empty solar]

Yep

[humble nexus]

Hi,
Something is not right with the indicator, I tried to rest, reload, nothing helped.

[empty solar]

@humble nexus Your chart is upside down

[humble nexus]

how to fix it

[empty solar]

Alt i

[humble nexus]

😆 👍 thanks

[shut pelican]

Hi everyone

[gentle comet]

Lol his strategy is almost just trading with the trend. I find it almost impossible to believe you have backtested it correctly over a year to say its not profitable

[true jasper]

I've backtested @short kayak's work. took me 10 minutes to see it's profitable

@quick quartz would you like some help?

[empty solar]

From what I've heard it's profitable 🤷‍♂️

[short kayak]

@true jasper thanks for the feedback 🤙🏽

[dense atlas]

Best settings to use on a 5m chart?

[nimble geode]

@dense atlas the ones that work best for you

[dense atlas]

New to it so struggling to find a good setting

[nimble geode]

@true jasper has some videos on finding the settings on his youtube

!settings

[hidden moss]

Watch full video (5min) on adjusting signal settings here: https://www.youtube.com/watch?v=kpqoSbhHScw&feature=youtu.be

Confirmation signals are affected by both the sensitivity and agility settings, increasing these two settings will allow the trader to take decisions regarding longer term price movements, however, agility is specifically designed to filter out signals occurring during ranging markets, with a higher value removing signals that occurred in ranging markets thus returning more strong signals as a result.

Although we provide suggested settings by default (12, 26) there are no "best settings" that we can mention because trading is very personal per asset and timeframe.

Learn how to adjust them here: https://luxalgo.com/apps/help-center#hc-adjusting-input-settings

[nimble geode]

and theres the official help

it will change on different charts and different markets

[dense atlas]

What settings do you use

[nimble geode]

what instrument?

[hardy field]

Have a good week everyone🙌💰

[dense atlas]

On forex

[vale ether]

Does trading view do any Black Friday deals?

[vocal bloom]

Hi everyone, when a signal appears on a purple candle do you guys generally stay away from those? my settings are default

[thin trail]

!signals

[hidden moss]

Learn more about our Buy & Sell signals: https://luxalgo.com/apps/help-center#hc-buy-sell-signal-modes

[thin trail]

!candles

[hidden moss]

Candle Color Modes: https://luxalgo.com/apps/help-center#hc-candle-color-modes

[vocal bloom]

Thanks, i know you must be sick of sending these same videos to people who dont look for answers on the website LOL. thanks again for the quick response

[glass lynx]

@thin trail @empty solar Hey Mack & Gecko, sorry to bother. I just emailed the support email. Do you happen to have an ETA as to when I should hear a reply back so I can keep a lookout for my email?

[thin trail]

within 3-4 hours @glass lynx

[glass lynx]

@thin trail Great thank you!

[thin trail]

Yup! Starts in 5hrs for TradingView, it's usually a very large discount: https://www.tradingview.com/black-friday/

[keen totem]

Does anyone know where to find suggested settings for the signals? I’m currently using 30 and 20

Anyone suggested something else? I’m looking for less noise/frequency of signals and more confidence in signals. I usually do 1hr 2hr 4hr and 1D charts

[thin trail]

Check #🔊announcements @keen totem there's a video there, as well as our guide on this here

!settings

[hidden moss]

Watch full video (5min) on adjusting signal settings here: https://www.youtube.com/watch?v=kpqoSbhHScw&feature=youtu.be

Confirmation signals are affected by both the sensitivity and agility settings, increasing these two settings will allow the trader to take decisions regarding longer term price movements, however, agility is specifically designed to filter out signals occurring during ranging markets, with a higher value removing signals that occurred in ranging markets thus returning more strong signals as a result.

Although we provide suggested settings by default (12, 26) there are no "best settings" that we can mention because trading is very personal per asset and timeframe.

Learn how to adjust them here: https://luxalgo.com/apps/help-center#hc-adjusting-input-settings

[keen totem]

Thanks💪

[vale ether]

Perfect timing; thanks Mack!

[thin trail]

no prob! :))

[vocal bloom]

guys i have one last question that i am not clear about and i just got the indicator so please forgive me

when the signal appears, does it appear after the close of the candle before it? or does it appear after the close of the candle where the signal is below?

hope I asked my question correct

here is an example, does the signal appear at the close of the candle before this bullish engulfing candle?

[thin trail]

it appears during it @vocal bloom but it's not confirmed until the candle is closed and the next candle has begun

!confirmed

[hidden moss]

A signal is confirmed only once the candle is closed. Meaning a signal could appear on your chart but is not confirmed until that candle is closed and the next candle has started.

Our automated Discord bots will never notify you on any signal until the candle has closed and confirmed it. If you're adding alerts for Lux signals in TradingView - make sure to select "Once per bar close".

[vocal bloom]

Thanks for confirming!

[vocal bloom]

Thanks as well!

[vivid wing]

@shut pelican what settings do u uze

[zenith garnet]

Hey guys, whats e100?

[vocal bloom]

love those profits

[shut pelican]

Thanks man

I use the default mate

[crimson bear]

Excuse me, what exactly is sensitivity and agility, cause when I reduce, it show more signals and some where it shouldn't appear.... and it confuse me

[vagrant meadow]

!settings

[hidden moss]

Watch full video (5min) on adjusting signal settings here: https://www.youtube.com/watch?v=kpqoSbhHScw&feature=youtu.be

Confirmation signals are affected by both the sensitivity and agility settings, increasing these two settings will allow the trader to take decisions regarding longer term price movements, however, agility is specifically designed to filter out signals occurring during ranging markets, with a higher value removing signals that occurred in ranging markets thus returning more strong signals as a result.

Although we provide suggested settings by default (12, 26) there are no "best settings" that we can mention because trading is very personal per asset and timeframe.

Learn how to adjust them here: https://luxalgo.com/apps/help-center#hc-adjusting-input-settings

[vagrant meadow]

@crimson bear ^

Also see #744269255981400156

[mellow girder]

I just want to say Lux Algo is on fire today 🙏🔥

[zenith garnet]

how do you use it?

[cunning sleet]

@mellow girder what is your setup?

[mellow girder]

I’m using the stock default but I adjusted my sensitivity and agility as I’m all in for Gold 👌

20 sens 30 agility is rocking the show

[zenith garnet]

Mostly stocks?

[cunning sleet]

in what TF?

[terse rover]

on what time frames you getting the best results?

[rough cedar]

Means “the fuck” lol @cunning sleet

[mellow girder]

Oh I’m using 5s and 1hr also 30

[empty solar]

You should really be using the timeframes that you traded before Lux, try and make it fit what you were doing before

[mellow girder]

That’s what I’ve always used

[empty solar]

But most people should not touch <15m

[mellow girder]

True @empty solar

[zenith garnet]

I seeeeeee

[mellow girder]

I’m truly enjoying this day being my first day on with Lux Algo amazing results

[cunning sleet]

@rough cedar no man, i mean Time frame

[mellow girder]

Flawless day 💪

I think this has a lot to do also if the charts are trending or ranging but for now this sens sensational morning on all frames

I wish I could see my support and res still need to play more with this

[empty solar]

Try predictive ranges 😎

[hollow oracle]

I have a question about different timeframes, let’s say we see a Sell signal on a 30M tf, and a strong buy on a 5-15min tf.

Do you necessarily need all 3 timeframes to be in alignment or you dismiss the strong buys?

[empty solar]

Seeing them align is a good idea for a better entry most of the time

[mellow girder]

I would love to try that

[sterile kayak]

Timeframes under 15? Why?

[empty solar]

Because they are subject to higher friction and tend to be harder to trade

[crimson bear]

Thank u

[mellow girder]

Guys good is at 1846

Go go go

[gentle comet]

Strong manufacturing PMI numbers got the market going brazy

[mellow girder]

Gold

[hollow oracle]

Lux caught me that move on gold

[mellow girder]

Yes sir same

[terse rover]

lol anything USD is going, all to do with covid vaccine, absloutley smashed gold ...

[mellow girder]

Yup

[rare wing]

i hope y’all didn’t miss out on XRP... 🚀

[tidal pier]

it's a garbage coin since day 1

[torn ravine]

lol

[tidal pier]

hope you didn't miss the LTC bull run instead

[woeful trench]

can some one suggest the accurate chat room to discuss the subscription related changes?

[nimble geode]

support room would be the closest , or support email the best

[hidden moss]

Hi guys, I am currently a monthly subscriber. How to switch from monthly to yearly?

[thin trail]

!upgrade

[hidden moss]

You can upgrade your monthly subscription at anytime during your subscription by purchasing one of our discounted membership 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 so you get exactly what you pay for & are upgraded.

You can find them at the bottom of this page: https://luxalgo.com/products/lux-algo

[tidal pier]

quaterly plan = for 4 months right

[empty solar]

3 months in a quarter 🙂

[tidal pier]

https://tenor.com/view/kermit-the-frog-dance-dancing-going-wild-crazy-gif-6120040

[small mulch]

Do you guys got any settings tips?

Anyone got any tips with SL and TP using the Lux ?

[analog onyx]

https://www.youtube.com/watch?v=kpqoSbhHScw&t=1s this video can help 🙂 But a quick tip is to adjust sensitivity first then agility

[weak glen]

That mod has GOT to be tired of pasting that link in here by now lol

Ya'll need to learn how to scroll

[jaunty hearth]

Do brokers and banks see your SL and TP? Or is that illegal.

[shut pelican]

Yes they see

I heard they have data showing were people’s SL and TP will most likely be

[weak glen]

Don't use shady brokers. But even the big guys can see where you're at, and depending on the spread and the size of your position, a shady broker can bump you out

banks don't see individuals sl & tp, but they do pay for info on where those levels are grouped

You should place an alert on the level you want to get out, and keep an emergency SL several pips back from that point. Just do a manual exit if the alert gets tripped

[jaunty hearth]

Smart bro! Thank you!

[gaunt yarrow]

hey guys how reliable are the reversal zones?

[noble notch]

guys what candles you use ? Heiken Ashi or just Candles on the Lux settings ?

[analog onyx]

its hard to quantify reliability, but they will be more reliable under ranging market conditions

[gaunt yarrow]

it is ranging market conditions?

[analog onyx]

it can be relative to the number of data points you are looking, but the dashboard says ranging, so it should be ranging 🙂

[lament tapir]

Guys

I think 12 22 is the best setting for the 5m chart on us30

[vagrant meadow]

@gaunt yarrow look at the volume though. That influx of buyers is going to cause it to push against the outer portion of the band as opposed to the inner

[gaunt yarrow]

ok, I understand. I always saw the zones, as zones for resistances and assumed its bounding back but I didn't applied the volume information, thanks

[gaunt yarrow]

it is ranging, I saw it now 🙂

[vale ether]

some nice black friday deals; time to upgrade for more alerts
but also ugh managing more alerts

[fierce wing]

Hi. I have a question... is it possible in the future for lux algo to say when to take profit? That will be nice..

[shut pelican]

It’s not really a signal it’s more of a confirmation. I would study key levels and price action and take profits at key levels if I was u

[gentle comet]

it is ranging market conditions?
@gaunt yarrow That could be the start of the trend. Look for rsi divergence and moving average positioning to confirm

[vale ether]

Anyone actually trade ZAR currency pairs? The spreads just seem to kill it even on the big brokers.

[hidden moss]

Guys what you think about Gold

It will be buy in London session or what

[vale ether]

I think gold will continue its bearish run for a bit

Had a nice short on it yesterday

[swift basalt]

Can anyone from the U.S help me setup mt4 with a broker? really appreciate it

[mighty ingot]

Kot4x

@swift basalt

[vale ether]

Although, looking at gold on 4H; it’s just touching the reversal bands.

[hidden moss]

But man how you caught that

You know I scalp gold from 1868 to 1864 but not went long because there is major support

I dont thought that gold will be drop like madly because of news

[hidden moss]

Thats great man

[vale ether]

green is green; nice one.

[hidden moss]

So you think XAUUSD is gonna continue dropping?

[swift basalt]

Looks like Kot4x is not regulated? any other recommendation?

[hidden moss]

I use hugosway dreamz

I think next support of gold is at 1815

But gold rejected 1830 level

Meaning?

[vale ether]

yeah, i don't use support/resistance etc. that's how i trade be it rightly/wrongly. i use a strat very similiar to the excellent one by @true jasper.
catch the strong signal, look at the strength and volatility and if it's a fresh move according to the oscillator.

but everyone trades differently, use lux as the confirmation and also importantly giving an exit point

the reversal zones are just magic for that.

[vale ether]

Pepperstone.

[hidden moss]

I just joined last night, mostly all the trades will be in the a.m. huh? For forex/btc

So I use support and resistance fibonacci these are for just confirmation but support and resistance is important for me and then lux algo for last confirmation

[hidden moss]

So how you set you stop loss and TP

[vale ether]

Using ATR with a trailing SL, but also visually if it's online and I'm watching the chart.

[hidden moss]

What’s an atr

[empty solar]

Average True Range

https://www.investopedia.com/terms/a/atr.asp

[hidden moss]

So for me SP and TP is based on Support and resistance

But its cool man I love the way you caught GOLD

So what you recommend lot size for $500 account and for $5K account

[vale ether]

everyone's different; that's why trading is fun 👍

[vale ether]

https://www.babypips.com/tools/position-size-calculator

[hidden moss]

So for suppose if we want to take 15 pips from GBPJPY so what lot size we use on $500 account and for $5k

[vale ether]

there's a nice app called sintu if you use iphone

[hidden moss]

I mean according to scale, discipline wise

[vale ether]

Babypips is a criminally underused resource imo

[hidden moss]

Because if we use high and lose the trade then man thats bad you know

[vale ether]

typo: stinu

apologies

[hidden moss]

Nah you good lol

Have any of y’all tried options?

[vale ether]

too hard for me trade in australia, so i give them a miss.

[hidden moss]

So I found good session bro like in my timezone London and NY session is open

So from 11Am at my timezone London open and at 6pm NY open so I am lucky in that lol

[hidden moss]

So y’all think XAUUSD going to keep going down?

[vale ether]

https://www.tradingview.com/x/XCVgZT1R/

[vale ether]

Let's look at the longer term 4H chart. Now bear in mind the volatlity of Gold makes it risky to predict at the best of time;.

[hidden moss]

Indeed it does

[vale ether]

But we can see that with the recent dips; they've touched the reversal bands and then had a small rally. So based on it currently touching the reversal band, it may correct upwards in a bullsish movement; but it's not a position that I would hang onto

And this is one plebs "i reckon". There will probably be some far more educated people who will disgaree. But that's my opinion.

[hidden moss]

Interesting thanks for your input

[swift sphinx]

you guys have alerts on tradeview :D?

[empty solar]

!alerts

[hidden moss]

How to set up your own custom alerts in TradingView: https://luxalgo.com/apps/help-center#hc-creating-alerts-on-tradingview

[elfin thorn]

I see BlackFriday offer on Trading View.. is it worth to upgrade to PRO?

[vagrant meadow]

@elfin thorn that’s when I upgraded to premium. If you will only EVER need 3 indicators and you never want to save more layouts then no need. I personally think anything that helps your trading career is worth the investment

[vagrant meadow]

I trade options & futures

[elfin thorn]

Thank you!!!

[uneven spear]

I am going to upgrade

Its only 100 bucks

[tidal pier]

it's like 8.50$ a month. kinda a no brainer i guess

[rotund warren]

Do you use any other things for entries?

[twilit minnow]

How can I get that 30% off this month with that code if I've already purchased lux

[thin trail]

@twilit minnow you can add on a month at 30% off

!upgrade

https://luxalgo.com/apps/help-center#hc-can-i-upgrade-to-a-quarterly-or-yearly-subscription

[upper plover]

Meaning cancel current month sub, and re-sign up again with the discount code ?

[thin trail]

Yes @upper plover or just purchase and we cancel / add on time to your new plan automatically for you

[upper plover]

I don’t have to cancel. Can just purchase again the monthly with discount code?

So next month I won’t be charged?

[upper plover]

Does it work this way?

[steep sparrow]

Does anyone know why robinhood stock prices differ from stock prices on TradingView?

[hidden moss]

Bro I am from different country so I cant create any robinhood and webull account

What you suggest, I mean which broker

[tranquil notch]

Hello how can I change my subscription from monthly to annually

I have tried to do it so difficult

[vagrant meadow]

!data

[hidden moss]

Can I see everything in real-time data on TradingView? https://luxalgo.com/apps/help-center#!hc-can-i-see-everything-in-real-time-data

[vagrant meadow]

@steep sparrow ^

If you click on those two little red lines next to “TESLA INC” on TradingView it’ll explain that you’re not streaming real time data

[steep sparrow]

@vagrant meadow ohhh, is it because the market is closed at this time? And would you recommend using tradingview to analyze and trade on robinhood? With the numbers being so far apart.

@hidden moss what about TDameritrade?

[vagrant meadow]

@steep sparrow no, it’s because you’re streaming from a 3rd party like CBOE exchange instead of the actual Nasdaq. I’d just buy a data package. It’s $2/mo or $24/yr

[steep sparrow]

@vagrant meadow The Data package is on tradingview? 2/month is not bad at all.

[vagrant meadow]

Yeah they’re all pretty cheap for US exchanges.

[hidden moss]

@steep sparrow I think its also not work but let me try again

[pine mauve]

What time frame do u guys trade?

[bronze lichen]

Does anyone know how to set up alerts for buy and sell signals in trading view

[upper plover]

@empty solar can I purchase monthly with discount code. Then next month I won’t be charged since I paid twice this month ?

[empty solar]

You can't if you're already a member, it's for upgrades

[upper plover]

I see. So even if I cancel and re sign up also cannot ?

[empty solar]

No sir you cannot, just for upgrading

[upper plover]

Ok noted

👌🏻👌🏻👍🏻

[hidden moss]

So I purchased in discount so next quarter, It would be same price for me or different?

Man gold is playing with everyone risk techniques, Finally managed risk and get out from it and call it a day

[fiery idol]

well damn i had one trade at 9:45 eastern and didnt pull the trigger I said to myself that is ok Ill wait for the next one here we are at noon and there hasnt been another opportunity. ES huge move today not even a single pullback. Trending day for a contrarian.....

[elfin thorn]

When looking at charts(5min, 15min,30min -mostly intraday), do we need to enable extended hours? I see different results when it is enabled and not enabled? Which one would you guys recommed? Thanks?

[vagrant meadow]

@elfin thorn the official recommendation by admin is “disabled”. I personally leave mine on though. But you’re 100% correct it will for sure alter signals. But since I trade 5min candles I need that pre-market data

[empty solar]

https://docs.luxalgo.com/getting-started-with-luxalgo/setting-up-alerts-on-tradingview#setting-up-an-alert

It's caused by a few things e.g. the dashboard repaints

But the signals never repaint

The dashboard for example needs to be removed from the previous candle and painted on the newest candle

So that'll generate the warning

[candid sequoia]

How can I turn off all notifications besides stocks?

I’ve muted everything and turned notifications off but it’s still showing

[empty solar]

@candid sequoia We are working on this functionality to be easier but you should be able to mute them by selecting them and muting all notifs

It used to but we removed it

[candid sequoia]

I’ve done this. Still getting the red blips. Alright though glad you’re working on it

[empty solar]

Yeah we are working on it - should be all good v soon 🙂

All your alerts will be the same and you won't need to update but yes - if you update you'd have to re-set it if you decide to update

So we suggest writing down settings

[hidden moss]

What is luxalgo is indicating about gold for long term about 4hr and 1 day time frame

[tender edge]

Anyone using Lux Algo with RANGE Charts?? Please post some screenshots.
Getting pretty awesome results with Lux alone.

[gentle comet]

Saw a youtube vid about how either bitmex or bitfinex manipulate bitcoin price and its noticeable on charts when you look at other exchanges as it moves differently

Does this happen regularly?

So like it would move different on binance when you look at the chart compared to others

[frank mesa]

Maybe, it's not the first time I've heard of news like that.

[tepid bear]

Is binance still legit?

[gentle comet]

Yea

[tepid bear]

I noticed coinbase is way different on pricing

[wild palm]

pulling this out of my ass but its probably bitmex

shady ass exchange in my opinion

[terse rover]

Bitmex had mysterious wicks for years during the bear market ...

[wild palm]

Yep stopped using them earlier this year and had way less "f** you" candles

[terse rover]

i personal use Binance and FTX

[wild palm]

Yeah ftx is good

[glossy coral]

hello im having trouble with lux, im getting several different candle stick colors is that supposed to be normal?

[analog onyx]

yes, thats the candle color mode, you can disable it from the indicator settings

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/candle-coloring more info here @glossy coral

[astral kelp]

lux has been having issues with backtesting for me recently

[rotund warren]

Who has a good broker to trade btc

[swift sphinx]

anyone got a good like us30 and gold settings for scalping?

[empty solar]

@astral kelp if you're using replay mode select force run

[topaz relic]

10 2

1 min

12 22 5 min

[bronze lichen]

Anyone good a good setting for FX trading major pairs

[swift sphinx]

Thanks!

[topaz relic]

Default bigger tfs

Have to play with them with some

Not sure if theres updated one out there but i got this

Sorry cant find it

But theres a spreadsheet

With pairs and good settings somewhere

@hardy field

[hardy field]

🙌

@topaz relic

[bronze lichen]

If you have a spear sheet that would be amazing

Spread*

Ah no worries

[hardy field]

It was @golden charm that made the sheet

[topaz relic]

Us30 1m 10,0
5m. 12, 22
1h 12, 26
4h. 26,26

Nas. 1hr. 20, 26

Gold. 1m. 10, 2
10 20
5m. 12, 20
30m. 6, 09

Dax 1m. 14, 14
11, 10
5m. 10, 10

Btc. 1m. 7, 47
5m. 8, 60

Eth. 30m. 15,18
1h. 8, 20

Bnbusdt. 2h. 21,1

Spy. 1m. 10,2
5m. 21,5 & default
2h. 21, 1

Audusd. 15m. 19,0

Usdchf. 1h. 14, 35

Uk100. 5m 18,26
15m 17,18
1h. 16, 20

Eurusd 4h. 20,26

Nzdcad 1d. 15,15

Hope helps

@bronze lichen @swift sphinx

@hardy field

[swift sphinx]

Thank you sir!

[hardy field]

I forgot about that sheet. I’ll check tomorrow for the actual spreadsheet

[topaz relic]

Most of them are from there

[hardy field]

Someone @ me in the morning otherwise I’ll forget😂

I just use the default settings across all assets and timeframes...works a dream for me

[astral kelp]

that might have done the trick, thanks so much!

[weak glen]

Has anybody done a breakdown like that for FX?

Obviously agility needs to be modified

[umbral nebula]

I need a second pair of eyes.

[ionic knoll]

Does anybody have favorite settings for scalping XRP (ripple)? I haven’t found anything I really like yet for it

[rotund warren]

Bc xrp is trash lol

[ionic knoll]

XRP moves like 2000 pips a candle, if you get it right you can catch 10s of thousands of pops > Bc xrp is trash lol
@rotund warren XRP moves like 2000 pips a candle, if you get it right you can catch 10s of thousands of pips a day

[unique reef]

hey im new to trading do you guys say what stock to buy and when to sell

[devout copper]

What do you guys think about xauusd

[hidden moss]

@devout copper just wait for XAUUSD cause it’s just bouncing up and down not really going anywhere significant

[devout copper]

@hidden moss thanks

[hidden moss]

Of course patience pays

[terse rover]

This is my Gold chart from the past week, if you did not get into either of these moves there may be some time of consolidation before the next move, I personally got the first move and scalped bits and pieces of the second move. We are now at a huge phycological level here, we will sit in and around this until the big players decide when and what the next move is imo. Still plenty of opportunities to scalp it along the way.

Side note, Lux picked up both breaks of the consolidation zones.

[hidden moss]

Us30 is sell

I have multiple positions on us30 sell

Multiple confirmation and lux algo also indicated on 1hr time frame

[gentle comet]

Dow closed above 30000 for the first time in history👀

[hidden moss]

Please @gentle comet Is it sell till 29500?

I am taking further risk on us30 on sell position what you think @terse rover and @gentle comet

[gentle comet]

Not yet

Looks like we could see some consolidation

Its not starting a downhill Trend yet

Consolidation might take it out the 30000 level though

[hidden moss]

Entry at 30070

[gentle comet]

I wouldn't enter yet at all

[hidden moss]

What you waiting for

It's on high so I think its best situation to take sell position

[gentle comet]

I dont follow lux signals blindly

[hidden moss]

No, Bollinger bands resistance confirmation

[gentle comet]

No that not when you want to sell

[hidden moss]

@gentle comet So entry is wrong?

I had to wait little bit because of consolidation area at 29900

[gentle comet]

I am just saying I wouldn't sell just yet

I would advise to not sell blindly just based on lux signals

[hidden moss]

No, I am not doing that its always drop when it goes high as well as Bollinger band 4hr also saying that it has to drop RSI and resistance

So on multiple confirmation, I thought its best situation to sell now and even lux also signal that now it is sell

[gentle comet]

Go for it mate👍🏽

[gentle comet]

https://news.bitcoin.com/federal-reserve-digital-dollar/

Wow

[hidden moss]

@gentle comet

[sullen vigil]

Hey all. Wondering if anyone has had any experience working with lux on the daily chart and swing trading?

[gentle comet]

@hidden moss i dont know why you're mentioning me lol. I never said it wasnt a sell i just said I wouldn't enter yet

[hollow oracle]

Anyone looking at Gold got the buy?

[hardy field]

I’ll be buying around 1825💰

[upper plover]

Still on ranging and might retest 1800 again. But if 1820 resistance break. Then can look for buy

[tender edge]

Anyone on Range charts?

[balmy canopy]

@empty solar can you send me tradesetup please

[empty solar]

https://www.tradingview.com/script/1ibzuoEv-Trade-Setup-Feature/

[slate cobalt]

GOLD SELL

Profit

[vagrant meadow]

I see you @elfin thorn in the #💰share-profits , happy to see you winning

[hidden moss]

3 days of losses ... I don't know if it's the fact of being on the DAX with a too technical timeframe, but it's a slaughter. I follow Paul's strategy. It seems perfect to me but I think I am not positioning my SL / TP well ...
I must be the only one who is so bad!
120 € lost in 3 days on an account at 350 ...

big shame

[lament tapir]

Try us30 bro

With pauls tactic

@hidden moss

[rotund warren]

What are those tactics?

@lament tapir

[lament tapir]

Check paul klaszus on yt

And watch his us30 video

@rotund warren

[hidden moss]

I am using Paul's technique on the US30 but I have to do something that should not be done ... At the same time, I use the English subtitles, translated into French ... So I may pass next to something ...

[lament tapir]

Oh i see

[rotund warren]

Oh ok gotcha...yea I have saw that one...he enters on the the crossing of the cloud line correct?

[lament tapir]

Yes

And the crossing of the SMMA

[rotund warren]

Thanks bro...you been successful with it?

I have been testing malfx start

[lament tapir]

Yes it’s goof

I’m using it on the 5m tf

70% win rate

But you need to take all the trades:)) cuz for example in the morning today i missed two trades that were good and now im on minus:)) this day

[surreal abyss]

Anyone been doing sports betting? lol

[swift sphinx]

have a question, just a general one. What's your favorite timeframe to scalp gold and like us30

[true jasper]

Do you understand english well enough? maybe we can do a screenshare and see if we can find out what tweaks you need to make

usually, if people aren't doing well, it's just a simple tweak that needs to be made, and then it becomes profitable

[rotund warren]

Nice thanks for the info bro...same settings just 5m tf?

[hybrid zephyr]

Hi guys

what settings did yall use on gold?

Im new with Lux Algo

Looks like great tool

[shut pelican]

I’m having a bad time with my settings atm. What do people recommend for 15 and 5 min time frame scalps

[empty solar]

Scalping will naturally be harder so there are tools that may be more suited e.g. oscillator / predictave zones ect

[opal torrent]

Amazing tool when you get the hang of it still going thru my trial and error phase on it

[empty solar]

You'll get there hopefully 🙂

[slate cobalt]

Good afternoon friends last night, hire the service. Someone who can give me advice on using this channel. Thank you

[lament tapir]

Yes @rotund warren

[hidden moss]

Us30 trade went perfect

[dim mountain]

@empty solar hi, i have been using signal alert for lux algo and you recommend to check once per bar close option, and missing couple of pips because of that any advice ? thank you

[hidden moss]

Can I use Lux Algo with pine script?

[empty solar]

It's written in PIne Script?

@dim mountain That's the risk - we recommend on close

[hidden moss]

Can I reference to LA buy or sell signals in my own strategy I want to build?

[dim mountain]

@empty solar what if i want to jump in before it close which alert notification should i apply ?

i mean alert setting

[vagrant meadow]

@dim mountain once per bar

But Lux may reject the signal before close

[empty solar]

nope@hidden moss

[dim mountain]

@vagrant meadow thanks

@empty solar thank you

@vagrant meadow and i found the "Predictive Range " tool very handy i can dentify my S/R easily

[hidden moss]

@empty solar that’s a bummer and not good. LA should allow for this making it much more versatile

[vagrant meadow]

@hidden moss wouldn’t they have to need to make the algo open source to do that?

@dim mountain yeah it’s great stuff!

[hidden moss]

@vagrant meadow No. Just provide hooks or functions to tap in to

[vagrant meadow]

Oh gotcha.

[hidden moss]

Hey on the profits I saw that someone said thanks @vagrant meadow for the strategy, what strategy was that?

[empty solar]

@hidden moss That's a tradingview thing - not something we can really do

[hidden moss]

rip inbox

[empty solar]

@patent tide This is for you 🙂

[raven scaffold]

When do I found out when a normal buy turns strong without alerts?

[patent tide]

thank you all

I’m at a loss for words.... thank you. dreams come true @empty solar

[empty solar]

hahahah pleasure 🙂

[patent tide]

@raven scaffold candle coloring

[raven scaffold]

I’m color blind lmaoooo

[patent tide]

this alert is for when candle colors change from purple to solid red / green indicating a strong signal

[hidden moss]

@empty solar Any thoughts on US30

[hidden moss]

Also lux algo strategies for scalping gold

Hello friends! I just got an email about an update.

Release not says:

Release Notes: Added the following alert conditions:

• Any Confirmation Buy
• Any Confirmation Sell
• Normal Buy Turn Strong
• Normal Sell Turn Strong

If anyone figured out how to view this, do let me know 🙂

[bronze lichen]

Yeah im@still trying to figure it out as well

Is this the alert in trading view

Or how would it work?

[empty solar]

Those alerts are just in tradingview

[bronze lichen]

Is this the new update?

[empty solar]

Yep

[bronze lichen]

so how do we set them up via the indicator in trading view ?

As im quite new to this

[gleaming stump]

Sorry to ask such a basic question...I was looking at the VIP signals earlier and can't find them now. Can someone tell me how to see that page again?

[frank mesa]

There is now a "view-scanners" channel where you can subscribe to the scanners you want by selecting the numbers

[bronze lichen]

I’m clicking on the view scanners but nothing happening

[dusty pumice]

I just did

It’s working

[bronze lichen]

Just pressed on the forex number and nothing happens for me

[dusty pumice]

Yes that’s what you need to do

[frail barn]

It should add to ur list

[empty solar]

Yep @dusty pumice what number are you clicking?

[gleaming stump]

4

[frank mesa]

This should all that you need to do

At least that is what worked for me

[gleaming stump]

it's not working

[empty solar]

you are clciking this?

[gleaming stump]

yes

[empty solar]

um it says you haven't reacted to it

[devout hornet]

For me too... I did the same nothing happened... I can’t see them

[bronze lichen]

Once you click on the number where should you be seeing the alerts exactly?

[empty solar]

As new channels

[devout hornet]

I did not get as new channels

I can’t see any of them

[empty solar]

So all you want is number 4?

[gleaming stump]

yes

[visual edge]

Same problem for me, I hit 1, 3, 5

[bronze lichen]

Yes I want 4 as well

[devout hornet]

I clicked on 1 to 4 and 6

[dusty pumice]

Yes they are right even I can’t see that

Same thing

[frank mesa]

Looks like the new system broke down. So that will have to get fixed

[rare wing]

hold on everyone

[thin trail]

<@&641781267742064641> - the bot appears to be down for #🔔scanners-premium , we're working on a fix right now. Will likely just put them all live visible so everyone can see in the meantime

[finite vortex]

Guys I don’t see any signal alert 👀 did you have same issues

[empty solar]

Yes plz read above

[upper swift]

Yeah it’s has like a delay

For some reason

[gleaming stump]

Thanks Mack

[empty solar]

Yep everyone relax hahahah

[mild canopy]

Thanks

[empty solar]

Will be fixed 😉

[upper swift]

It doesn’t show you entry but like 6 candles after and it only had the buy or sell not the strong signal

[finite vortex]

Oh thanks. @empty solar

[bronze lichen]

Can I ask what the difference is between the signals we were receiving on #forex and the new alerts

[empty solar]

They are the same

We just made it so people can chose the channels they are subscribed too

Before everyone was in every channel

[bronze lichen]

Ah gotcha !! Makes sense

Simpler too

[hidden moss]

It make it a lot easyer

[bronze lichen]

For sure !!

[empty solar]

Just we gotta get it fixed 😉

I think it's due to the massive amount of people who were clicking buttons

[bronze lichen]

Last question from me , is there a way in which in trading view we can set up lux to let us know each time a signal appears mines always give me a error saying signal repainting etc

Is there any easy fix or solution to this

[frank mesa]

You can ignore those warning. Lux doesn't repaint so that warning from tradingview doesn't apply.

[bronze lichen]

@frank mesa but the alert just doesn’t work in I press continue

Is it because I’m using trading view on the 30 day free trial maybe?

[frank mesa]

No, to my knowledge Lux can be used on a free account.

[bronze lichen]

I do use Lux on trading view but what I meant it for example on a fx pair I woukd like to create an alert to show everytime a sell or buy signal appears and this is when I get an error

[frank mesa]

And what is that error?

[bronze lichen]

The repainting error

[dusty pumice]

Ok

[frank mesa]

This one I assume. Just click continue and the alert will be created for you

On the right side you can click on alerts and view every alert you have created in trading view. For me it is the second button from the top.

[bronze lichen]

Yes that’s the one

Thank that makes life easier for sure lol

Would rather do analysis after I’ve recieved the signal of some form

[vagrant meadow]

https://luxalgo.com/apps/help-center#hc-creating-alerts-on-tradingview

They have a disclaimer about it on their site

[rotund warren]

Anyone have a good broker recommendation that offers crypto

I use lqdfx and they don’t offer it

[pale steeple]

coinbase pro is great

[bronze lichen]

Can anyone help ? When I first bought lux and used the indicator I was getting purple candles appearing in my charts but for some reason they don’t anymore does anyone know how to solve this I’ve tried doing set to default already but it hasn’t worked

Suggestions would be very helpful

[frank mesa]

Open the settings for the Lux indicator and set the candle coloring mode to the one you want.

[bronze lichen]

For me to see the candle colouring mode and purple candles would this be the confirmation selection

[quick notch]

Is lmfx a good broker?

[wide flame]

What is the best time frame for the buy and sell signals people noticed?

[dusty pumice]

What setting we should use currently I am using 6 27?

For 1h time frame

[wanton sphinx]

!alerts

[hidden moss]

How to set up your own custom alerts in TradingView: https://luxalgo.com/apps/help-center#hc-creating-alerts-on-tradingview

[devout copper]

Do you guys know any strategy for btcusd

[rare wing]

buy low sell high

[scenic mulch]

Hey will BTC go up in the next 2 weeks by any chance

It’s down 3% atm was wandering if it’s still worth holding it

[woven urchin]

@hidden moss please help ,e i can not use all menu here, i dont know what happen

[upper dock]

Hey guys wondering XAU spreads you guys are paying? New to XAU

[lament tapir]

Does anyone know?

Why currencycom chart for us30 aint working?

[brisk radish]

Markets closed for indices today(USA)

[lament tapir]

They’re open now @brisk radish

[brisk radish]

Oh okay! This is what I was sent for hours.

[lament tapir]

That’s utc time? @brisk radish

[brisk radish]

GMT is how it’s formatted based on broker

[hollow steeple]

Anyone here done the FTMO challenge?

[glossy coral]

does anyone here take trades from the bot scanners? such as forex and stocks?

[empty solar]

The scanner messages are more a "hey take a look see what you think"

[glossy coral]

Hello

I cant seem to log into my lux account to manage my account and subscription , when i go to reset password it says my email isn't valid, i sent an email to the support email and no response?

[empty solar]

They will reply ☺️

How long ago did you email?

[glossy coral]

An hour and a half ago

[empty solar]

Oh that's fine, they'll reply soon then ☺️

[opal torrent]

Currently backtesting my strat trying to clear out the useless noise and position certain indicators where most useful(too cold to get out of bed )

[glossy coral]

Okay thank you

[visual edge]

Happy Thanksgiving all

[versed wagon]

https://www.coindesk.com/coinbase-ceo-trump-administration-may-rush-out-burdensome-crypto-wallet-rules

Published at 9:15PM

Yesterday, as you can see, pretty bad reaction

[naive blade]

have you heard about the great reset and the global coin the WEF wants governments to make?

it would be pretty wild if they did it

[versed wagon]

That’s why god gave us the AR15

Crypto and rifles will save the free man

Sadly. It’s unfortunate that no government in the world exists to be by the people for the people anymore. And it’s even more unfortunate that the only viable true means of transacting is being impeded upon by the very government who is here to protect our individual liberties. Sacrificing our own liberty for their financial gain and control.

[tidal pier]

matter of time... that's why crypto is gaining in popularity.

[empty solar]

BTC 4h Zones killing it

[wide flame]

@empty solar what does each line stand for?

[empty solar]

A support or resistance

depends on the polarity

[upbeat herald]

how you put that on?

[empty solar]

Via the settings

Under s/r method

One of my person no1 features

Very powerful

[upbeat herald]

that is pivots levels?

[empty solar]

No no no

This is the beauty of it

No pivot points

No lag

All 100% real time

It's why it's called predictive range 🙂

[lament tapir]

When does the market open ?

[wide flame]

@empty solar yea ik but is there a meaning for the colors?

[upbeat herald]

S/R significance?

[empty solar]

Well when it's generated red is initially a resistance and blue being a support but of course that can change

[empty solar]

Will impact the lookback of the range

[nimble geode]

@upbeat herald it also adjusts the sensitivity of the dashboards trending / ranging reading, that was something that helped me out a lot

[naive blade]

im actually very impressed with it so far, thats one of the main reasons i joined, the lagging S/R can be hard to trade with

[empty solar]

@naive blade Glad to hear it - it's truly truly one of my favourite things we've made

Well - alex made

[upbeat herald]

i'm sorry I dont see lines 😦

[empty solar]

We absolutely hate lagging things here, there are really misleading for newer traders

[lament tapir]

S/R for 5m us30 should be 3 or 5?

@empty solar

[empty solar]

Well that totally totally depends on you

If ever we recommend anything it'd be in our docs

but recommending settings is never really something we do

Some would prefer 3

some would prefer 5

some 7

It's like recommending a moving avg

[sweet oasis]

You kinda just have to find a strategy that works for you

[upbeat herald]

thx, how do I get the collors?

[empty solar]

The colors?

http://docs.luxalgo.com/

[upbeat herald]

like this colors

[empty solar]

This has a nice search bar that explains everything well 🙂

@upbeat herald They are default colors

[hidden moss]

Hi, what is best sensitivity and agility for 15 min charts on forex like eur/usd.

[empty solar]

!settings

[hidden moss]

Watch full video (5min) on adjusting signal settings here: https://www.youtube.com/watch?v=kpqoSbhHScw&feature=youtu.be

Confirmation signals are affected by both the sensitivity and agility settings, increasing these two settings will allow the trader to take decisions regarding longer term price movements, however, agility is specifically designed to filter out signals occurring during ranging markets, with a higher value removing signals that occurred in ranging markets thus returning more strong signals as a result.

Although we provide suggested settings by default (12, 26) there are no "best settings" that we can mention because trading is very personal per asset and timeframe.

Learn how to adjust them here: https://luxalgo.com/apps/help-center#hc-adjusting-input-settings

[versed wagon]

Finally new and easily understandable info 🤣

[stone vessel]

@empty solar the reversal zones are incredible!! 💰

Find great bottoms and tops for entry

Killing it with the NQ trading predictive support and resistance along with reversals

[rare wing]

wow massive crash on crypto

[naive blade]

whats that above the volatility ADX?

[versed wagon]

Massive long opportunity

[wary ledge]

Can someone please guide me on their strategy on the forex pairs? The only replies I'm getting are "play with the settings yourself, heres the video by lux" or "I use 4h tf" but then they're not willing to share their strategy after they post their results with over $1000 profit made daily. 80% of the people here use the algo for stocks but thats not my thing I prefer forex. We got the @short kayak strategy but after doing some backtesting I'm barely getting any trade setups PER MONTH. Take gbp/usd for example, 1h tf. Only 1 trade this month and it was a loss. I'm following the rules from the video as @short kayak mentioned to use the 1h tf.... maybe im missing something? I'm seeing all of these guys with $1000's profits everyday.

[short kayak]

@wary ledge if your following my videos there’s no way your only getting a few setups per month

@wary ledge everyone is here to help but if you don’t like my strategy make your own, you backtested one pair....... I trade all the pairs , and I get minimum 10 setups a week just on major pairs not including gold

@near void use my strategy with a stock lux oscillator and he’s had great success 🤷🏽‍♂️

[wary ledge]

https://www.tradingview.com/x/vmGXm4Jp/

[short kayak]

But if you need help I’ll personally help you because ALOT of people have had success with my strategy and I find it hard to believe your the only one who can’t find it profitable @wary ledge

[wary ledge]

eur/jpy has been good I've mainly backtested it with ONLY the 1h tf

[short kayak]

How long have you been trading

[naive blade]

@short kayak where can one find out about your strat? i mainly trade stocks but have been looking into forex etc

[hidden moss]

do you think black friday will have an impact on the market?

[short kayak]

On my YouTube bro @naive blade

https://www.youtube.com/channel/UCMBWYzHfJta8Wj50wID_XKw

[wary ledge]

@short kayak 2 years, 1 year on demo which was up and down. Recently 6 months been taking it seriously watching live streams with different traders and see how they trade etc I'm on a evaluation now for a funded account

[naive blade]

on stocks? yeah, lots of profit taking tomorrow im sure

[short kayak]

I started trading at 15 and I’m 18 now but , I was studying almost 12hrs a day every single day. You need to go back to demo , test out some settings or like j said I can even help you . But rushing the process will get you losses and that’s what I seems like is happening. You can’t rush it. Take your time and actually learn @wary ledge

[naive blade]

how were you trading at 15? here in canada they wont let you open a brokerage account until 18-19

parents account?

[short kayak]

@naive blade demo

[naive blade]

gotcha

[short kayak]

Opened my livr account at 18

Been consistently profitable even before lux , lux just makes it easier

[naive blade]

it seems like a handy tool, ive been trading for a few years now also but came across it yesterday and thought it has some good features

do you mainly trade forex?

[short kayak]

I only trade forex,gold and crypto occasional

[naive blade]

PMs are interesting for sure, i was big into it about a decade ago but, JPM manipulates the PM market too much i found over the years, they literally get fined for it every few years but keep spoofing prices often

[short kayak]

O wow didn’t know that

[naive blade]

i guess its all a game for them, especially with how much physical they own

yeah its pretty wild stuff, they dont even care, they were actually just fined 3 months ago, again for doing it

https://www.bloomberg.com/news/articles/2020-02-05/jpmorgan-s-role-in-metals-spoofing-is-under-u-s-criminal-probe

https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us

they get nailed every few years for it, i think the last time was 2018 ish

[short kayak]

If they didn’t stop then , you know they’re definitely not gonna stop any time soon

[naive blade]

nope never lol

theyve been doing it for decades

few hundred million is nothing for them

they own a ton of physical gold too, im sure that carries a lot of weight behind their power

i think something ridiculous like 30-40m oz

[short kayak]

Gold is the only real form of currency, especially, they definitely don’t care. The US dollar crash is coming closer than ever anyways that money is priceless

[naive blade]

i agree but sadly most of society wouldnt during a crash, as we saw in march, toilet paper has more value than gold in real life lol

food/toilet paper/housing

definitely some wild times ahead for the mighty us dollar

even trump talked about devaluing the dollar years ago on purpose too

[near void]

Hi @wary ledge i do use part of @short kayak strategy although i run the standard settings. I'll send you a message with my chart layout on TV and also how and when i look for trades.

[wary ledge]

Thank you

[steady compass]

If you don’t mind I’d like your chart layout and setting. I’m also watching @short kayak on youtube but I don’t mind extra info if possible.

[near void]

Hi @wary ledge @steady compass I'll record a video tonight (I'm in Aus) and upload to vip-trades-charts channel. It's probably best to present it by video for you to understand how and when i look for trades.

[steady compass]

Looking forward to it, very much appreciate it. @short kayak thank you too

[hidden moss]

What sensitivity and agility you use people?

[sweet oasis]

Wasabí everyone 🤟🏾 I'm new here mal your strategy is amazing bro iv been trading for a while but your algo strategy is 🏆 💯

[short kayak]

@sweet oasis yup🤙🏽🤙🏽🤙🏽I love money

[sweet oasis]

I can cosign that 💯

[steel pecan]

I’ll cosign that one too

Hope y’all getting your thanksgiving profits or having a nice day off !!

[primal sand]

i only have traded equities and deriviatives, but intrigued by forex, what are some of the reasons people choose to trade forex

[steel pecan]

I think the charts are easier to read than nyse charts

Barrier to entry is lower imo

[primal sand]

i am not very knowledgeble on currencies but I can read charts ok

[versed wagon]

I’m sitting here with my thumb up my ass trading crypto

I’ve made 60% portfolio gain on stock market but crypto is at like 14% - that crap is no joke

🦃

[steel pecan]

How long you been doing crypto? @versed wagon

[versed wagon]

Years - but I took a solid break and just accumulated which worked well

Only this year I got serious about reading technicals

[steel pecan]

Well congratulations on your success so far! Sounds like you’re headed up

[wanton sphinx]

!timeframe

[boreal obsidian]

which cryptos do you guys recommend outside of btc and eth?

[weak glen]

ATOM, XRP are two I actively trade. XLM also decent

I don't personally care for BTC or ETH, for trading purposes anyway. I hold some for HODLing purposes

[boreal obsidian]

may I ask how come you dont care for them? ive had success so far

are the other ones more volatile?

[weak glen]

they're fine, I just primarily hold those two as long term investments. don't want to simultaneously trade them. Also, the lower priced assets, you can get a lot more bang for your buck as far as movement goes

XRP has gone something like 45% recently, there's a lot more value when I can hold 10k of that as opposed to one BTC

[boreal obsidian]

oh okay I see, I appreciate the help brother.

if you had to pick ONE for scalping, which one would you choose? im still working with little numbers

[vivid wing]

whats this down bellow

[weak glen]

XRP. Its also cheep enough to where you should be able to buy quite a lot. Just be careful scalping crypto, make sure you're getting reasonably rates. 0.5% maker/taker will end up eating way too much into profits.

Also, try to always use limit or stop orders. Its likely you'll be classified as a maker that way, and makers usually get better rates. If you use market orders you'll definitely be given taker pricing, which is always worse

[boreal obsidian]

you mind if i message you in private if youre not busy?

[weak glen]

sure

[versed wagon]

Yeah I agree. I don’t margin though, very blessed to have rather large balances to actually trade with and not have to borrow money to make it

[weak glen]

@short kayak yo, I just subbed to your channel. You mostly stick to gold? Does your setup effecting on any other asset classes?

[versed wagon]

XRP is great, except it’s centralized - so most of the activity is solely based on market moving and trading, not intrinsic value

[short kayak]

, I trade gold the most because I only get in regular trades maybe a 5-10 times a week because I stay in them long term @weak glen

But wym by effecting on any other assets classed @weak glen

[weak glen]

Sorry, effective. Say, for currency pairs. Or is it tailored to trade gold

[short kayak]

I have a strat specifically for forex pairs and a strat specific for gold , I don’t trade stocks or indices so I don’t know if they work on those well @weak glen

[weak glen]

right on brother

gonna go catch up on your videos

[weak glen]

yeah man, very true

[short kayak]

@weak glen hope the strategy works well for you , if you have any questions feel free to ask and I’ll clear them up

@weak glen

[gleaming stump]

@primal sand we can close the positions 24/5

[marble merlin]

Hey guys

Quick question, I’m really loving this algo it works well with my trading, but is there a way to alert myself when it hits a reversal zone?

I can set alerts for the regular strong buys and sells but I would prefer an alert for reversal zones

[nimble geode]

not that i've seen nony, put it a request with one of the devs, and just keep asking till they tell you to go away or change it!

in the suggestions channel

[soft bramble]

!list

[hidden moss]

Below you'll find a list of assets our Discord Market Scanners cover.

(Timeframes include: 2H, 4H, 1D, 1W on each asset with standard Lux Algo V3 settings)

STOCKS:

FB, AMZN, AAPL, NFLX, GOOGL, TSLA, BA, DAL, AAL, LUV, UAL, ROKU, AMD, NVDA, CMG, SHOP, RCL, CCL, NCLH, SQ, ZM, MA, V, SPCE, SNAP, MSFT, BABA, QQQ

FOREX:

GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD,

USD/CAD, NZD/USD GBP/CAD, GBP/JPY, GBP/CHF,

EUR/GBP, EUR/JPY, EUR/AUD, AUD/CAD, AUD/JPY, AUD/CHF

NZD/CAD, EUR/NZD, USD/ZAR, EUR/ZAR, GBP/ZAR

CRYPTO:

BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD, UNI/USD, YFI/USDT, DOT/USD, ATOM/USD, ADA/USD, OMG/USD, ETH/BTC

INDEX:

SPX, DJI, IXIC, E100, CAC40, DAX

FUTURES

ES1!, NQ1!, GC1!, BANKNIFTY1!, BTC1!, NIFTY1!. YM1!, SI1!, ZN1!, CL1!, ZF1!, 6E1!, ZB1!, 6J1!, RTY1!

COMMODITIES:

XAUUSD, XAGUSD, XPTUSD, USOIL, SUGARUSD, ZR1!, ZW1!

[analog onyx]

That's not how we work 😦

[analog onyx]

you can, just select in condition the symbol name and exiting channel (for example), for upper bound select the fourth "Reversal Zones" that appears, same for lower bounds. We might rename these in order to make it easier for everyone to set alerts based on reversal zones.

[gentle belfry]

I still don’t have access but I was added to the vip

[barren wedge]

hello guys,just enrolled in any swing forex traders in here h1 and above what are the suitable settings for swing

[marble merlin]

Thank you

[versed wagon]

Fucking crypto

It’s like it knows what you don’t want to happen then does it before it does what you want to happen

5% stop loss with 10% tp and it’ll hit the SL then go to TP

[upper dock]

Anyone sign up for the quarterly or annual Black Friday deal?

Basically discounted/cheaper than going month to month

[empty solar]

Yep people have ☺️

[upper dock]

Cool! When does that end?

[empty solar]

End of the month 😉

[half raven]

yup did it yesterday!

changed to annual

I'm super satisfied 😄

[wild palm]

16hours left on the tradingview sale for anyone who has forgotten 🙂

hope yall have a good weekend 👊

[marble merlin]

These reversal zones work better than expected

[empty solar]

We will take that as a complement hahaha

[marble merlin]

I start my trading at 12am central. And I could have completely relied on the reversal zones and been right on almost every trade

Specifically the 5 min

Great work

[frail barn]

@empty solar hi where to get this reversal box setting which u have shown above....I can only see lux algo 3 (,trading view) limited settings olny

[empty solar]

The reversal box setting?

For alerts?

[frail barn]

https://cdn.discordapp.com/attachments/699061739043553381/781749388757696552/unknown.png

This one

Where to find

Its in style is guess

??

[empty solar]

That's in alerts

When you go to the selections

[hidden moss]

i lost $650 shorting the strong sell alert on XPEV, got trapped in a huge short squeeze and LUX never switched over to a buy signal on that huge short squeeze

[empty solar]

@hidden moss You waited to Lux to show a buy?

Before you exited the pos??

looks very clean for XPEV?

[hidden moss]

because it had strong sell

[empty solar]

Which timeframe?

[hidden moss]

15 min

i stayed in because it had a strong sell, then i doubled down because it never changed signals from a strong sell

[empty solar]

You have extended hours on which normally we don't use

But even still - the ranging market was probably best avoid confirmation signals 😦

[hidden moss]

that short squeeze was huge and LUX still held a stong sell signal as kept running up

[empty solar]

Yep this is why these are confirmation signals and for trends, the trend continued downwards after

[hidden moss]

@empty solar a strong sell signal AND a 70% bearish signal, there was every indication to stay in the trade

[empty solar]

But even still is was correct with the trend?

The price continued to fall despite the squeeze

Ofc the squeeze is bad

But the market was getting choppy

[hidden moss]

no warning or change of signal on that brutal short squeeze cost me $650

[empty solar]

Predicting a short squeeze isn't really something in the realm of any indicator sadly, the confirmation signals aren't for this at all 😦

It sucks there was a short squeeze but it was still correct with it's trend detection 😦

[hidden moss]

i have been testing shorts on lux sell alerts with small size for 2 weeks now and it worked pretty good, today, the one time i decide to trust the algo and go big it did not work

[tame swallow]

money management

[empty solar]

Just unlucky sadly @hidden moss 😦

It sucks 😦

The market is evil

Just got in a bad squeeze

[hidden moss]

@tame swallow money management???? i just said i tested shorting lux with small size for 2 weeks before i decided to go big, whats more money management then that?

[tame swallow]

you didnt stick the the lot size you were consistent with

went big...

[timber stream]

Oh boy, new client myself to Lux. But in my opinion Lux aint all about that, it helps u smoothen ur entries or ur trading strategy. If i would only use LUX, i would say those “signals” u get on discord app or the ones u see on chart, all too late.. and ofc , depends on ur strategy. Dont destroy me with saying “all too late”. Yes ofc, sometimes i see a signal and itching to go in and then i dont go cause of rules/strategy and after some time i check again and im like damn, why i didnt go in, mad profits right there. But i think u should always stick to ur trading plan/strategy, use lux for an extra confirmation(although when i get signal from Lux, i have taken profits already).. either way, complaining about losing money in this chat cause LuxAlgo said to enter trade is damn stupid . 😅

Stick to ur trading plan/money management. Made same mistakes ive seen in this chat. In my opinion, this tool aint for that. “The Get Rich Quick Tool”.

Or. To trade with Lux, remember “ Trend is ur friend”.aka if its trending up , look for buys, trending down, look for sells. Works like a every morning boner. 🤷‍♂️

[steel pecan]

Zoom calls could’ve turned 100 to 3500 today

Sheesh

[naive blade]

just use stop losses

move up the SL, lock in profits

look @ lower time frames

TTM squeeze can help you know too

always use L2 when you short also, then you can see the prce action moving up or down

[tidal pier]

i find the lux oscillator best to assist in spotting trends. helps get in a move before the actual signal. from my observation

[nimble geode]

sorry you got smacked @hidden moss but winning a bunch of small trades and losing a big trade is not money management, money management is winning a lot of small trades and losing a small trade

[hidden moss]

never risk it all in 1 trade

or even 100 trades

[tidal pier]

dont think it's about risk management, he got caught in a squeeze (or what i like to call market manipulation). Lux was right. and Lux doesn't repaint, so it didn't remove the strong call. but then the market played slowly back up which caused that. i see that often happening on my BTC charts.

[nimble geode]

you should always be preapared to lose, thats what risk management is for, with propper risk management when you lose its not a big deal because losing should be part of the plan

[weak glen]

I'll go one step further. You should expect that every trade you take is going to be a big loser, and plan for that to happen.

Something I just read in a Larry Williams book

[nimble geode]

i dont even know th situation of his trade, i'm just talking about the comment of doing a bunch of small ones before going in big, whats more risk management than that

[mortal lark]

Side note: Kind of impressive that lux still held a sell signal even with the short squeeze tbh

[weak glen]

They designed this thing really well. In the week or so I've been testing it, its been real solid.

[tidal pier]

it went strong down at that moment, lux doesn't know the future. it goes with the information available at that moment on the market. otherwise we would all be rich...

also it depends on his settings. sensitivity/agility

[hidden moss]

@nimble geode @timber stream i have professional training from a prop firm and a hedge fund manager, i know what im doing, i tested the algo with small size for 2 weeks just dipping my feet in the water before i jumped in with larger size, the stock was really weak, on the short squeeze and the lux signals led me to believe the stock was not strong enough to run and it would drop back down after the squeeze, lux reported 70% bearish and strong sell.

[empty solar]

But it was still correct 😦 It's just in the down trend there was a short squeeze which absolutely nothing or anyone can predict easily

I won't defend it if it gets a signal totally wrong but it did drop - just an annoying squeeze in the middle 😦

[hidden moss]

@tidal pier thank you, your market manipulation explanation is the besst comment in this entire thread

[nimble geode]

Cuz it’s the only one backing you up lol

[naive blade]

especially on a china stock

manipulation is expected

ive been there, many times lol

the good ole rug pull

[hidden moss]

@empty solar i still have 2 weeks left on my first month with lux, im fair, if its overall profitable i will keep it, but now i have a long way up just to get back to $zero

[naive blade]

i dont really get how you lost? did you go short at the bottom?

this is what xpev signals look like for me

on a 1 min

said to go short around 820-830am PST

[empty solar]

@naive blade Was this move

You see it was a strong sell

Then short squeeze

then it continued down

So the call was correct

Just an evil squeeze

[hidden moss]

@naive blade i made $300 today scalping NIO with a bare chart, level 2 and price action only, whenever i start throwing in algo's and indicators it messes me up

[naive blade]

yeah i try not to trade signals, just a bit of confirmation

i mainly trade off level 2 myself and use the chart as confirm

[empty solar]

That's fine - doesn't fit everyone 🙂 Do whatever makes you the dollas

[naive blade]

signals can work for sure though ive seen people do well with them

the market can be dumb as hell sometimes

[empty solar]

yeah some like - some don't

[hidden moss]

the worst part was when i doubled down half way up the short squeeze because lux said 70% bearish and still had strong sell signal

[naive blade]

if you want to see real manipulation, go try and trade the SPY on chop days lol

makes china manipulation look light

$2 candles up, $2 down, $2 sideways lol

[hidden moss]

when the SPY had a melt down i shorted QQQ and went lond SQQQ i did very well on the meltdowns

[naive blade]

yeah the melt downs are great

[empty solar]

Just as another example of how you could use things

Reversal zones + predictave ranges may be useful 🙂

without the signals, some people don't use them

Just an idea 🙂

[hidden moss]

the strong sell signal came on the second leg of the short

[naive blade]

what are your settings?

did you want it to flash the signal at 66.60-66.90 area?

[hidden moss]

@empty solar @nimble geode im very surprised because the last 2 weeks i had far more luck shorting lux sell signals then i did going long the strong buy signals

@naive blade i tried a bunch of settings but always end up back at the default

[naive blade]

i probably personally wouldnt of shorted that 1st rip down, just me, i might've gone short on xpev around 66.30 area but it was still above the 200

[hidden moss]

@naive blade i took a short scalp on the first rip on my own and that brought it up on my attention after that i put it on lux for the second leg down

[naive blade]

i wouldve started going short around 66.30 / loaded more around 65.72, then go full size around 65 area

i see what you mean

interestingly enough im geting a sell at 67.50 on another chart

with different settings

[hidden moss]

this is what i was looking at

[naive blade]

try 13 and 34

see what you get

[empty solar]

ah you have extended hours on

Gives differing signals

[hidden moss]

im trading on tradestation i just use tradingview for lux and pivots, but yeah extended hours is on for premarket

[naive blade]

should we not use ext hours? @empty solar

[empty solar]

It's personal but we don't use it in our scanners

[naive blade]

ok

[empty solar]

But will change signals

[naive blade]

i see what you mean

[hidden moss]

@empty solar well this little extended hours lesson cost me $650

[naive blade]

calls a bit later

i think they mention it in the documents if i remember?

im pretty sure i saw it mentioned somewhere

[hidden moss]

i will turn it off now so i dont forget monday morning

[nimble geode]

@hidden moss what is your strategy for picking a trade to enter?

[hidden moss]

pivot boss pivots, keltner channels, volume watching other stocks in that sector, watching the SPY checking news and overall sentiment

[naive blade]

trade ideas is great for seeing the raw #s on sectors, able to watch liquidity etc

see whats being pumped to pluto and whats being dumped down into the depths of hell

[hidden moss]

@nimble geode plus i use nasdaq level 3 book viewer i have the full book of orders and there was no orders that could have pushed up XPEV that high

[naive blade]

dark pool maybe?

[hidden moss]

i have dark pool scanner, XPEV had dark pool activity a few days ago and last week but nothing today, and i did not see any refreshing or big orders on level 2 or time and sales or nasdaq book viewer

[naive blade]

yeah im not seeing anything today for DP either

kind of strange for sure

definitely one of those freak moves, they just come out of nowhere

[nimble geode]

if we knew where it was goina go we would all be billionaires

[naive blade]

basically fell to pre market low and was bought up

[hidden moss]

oh-well i guess lux is a great retail trader algo but there are no algos on the market available to the general public that can out-smart or do battle with the algos used by investment banks and hedge funds

[naive blade]

exactly

the MM algos

citadel,vitru, goldmans,wolverine etc

big boy stuff

they probably have entire data centers

https://www.wolve.com/

these guys love doing pump and dumps

i always see them flash up on the L2

dumping a fuck ton of shares then buying them back up after people freak out

[nimble geode]

well when you have unlimited money backing your algos are super proffitable even if they only return .1% a year

[naive blade]

exactly lol

all we can do is follow their lead some what

they have to pump that $$ somewhere

[hidden moss]

@nimble geode bottom line,with this experience, i think Lux got faked out by an investment bank algo and i paid the price

[nimble geode]

i think you are putting way to much thought in it, lux saw a signal gave it, then after it the market made a move

[naive blade]

650 isnt too bad, definitely recoverable in a few days, it sucks for sure

[hidden moss]

if i see a nice revenge trade on EXPEV monday i will take it lol

XPEV

[naive blade]

it should go up some more

looks like it has some DP activity in the 65-67 area

could get a little choppy

[versed wagon]

What is the 8.33%?

[empty solar]

the % of the directional matrix going up

[nimble geode]

uptrend percent i believe

[empty solar]

So only the length 10 is uptrending

which is 1 out of 12

which is 1 / 12

Which is ofc 8.33% 🙂

[naive blade]

the matrix is definitely handy, i personally dont like having a bunch of lines on a chart so having that is very helpful

im surprised only lux has it, ive never seen it anywhere else i dont think

yeah the pump is too strong right now in this market

[empty solar]

@naive blade Yep it's Mr Grover's invention

Most of our stuff is home grown

[versed wagon]

That’s what my brain was thinking but what my butt was not paying attention to

[cedar heart]

omg no way they finally got rid of the signals

yaassssssss

[empty solar]

hahahahha

It's opt in now

[tidal pier]

i'm not necessarely backing him up. but i analyze the situation, i am not a professional trader. but i did work for some of the biggest trader (future) in the world for 8 years and learned a lot from him.

[hidden moss]

Hi everyone. What sensacivity and agility you guys use for signals?

[frank mesa]

You can either use the default which is quite good or you can move the settings to fit what you expect/wish to see in the graph. There is no real best configuration. It is part personal preference and part dependent on the instrument you are trading.

[hidden moss]

What you personaly use and on what pairs?

[patent skiff]

12 is fine

It’s the agility you can play with

[naive blade]

I use 14 and 34

[boreal obsidian]

crypto market is 24/7 right?

[thin trail]

yes @boreal obsidian

[elder spear]

@thin trail @empty solar can this be used to trade options or to short stocks?

[thin trail]

Yes @elder spear any directional play the indicator can for sure help you

[elder spear]

Any tutorials on this?

[thin trail]

!signals

[hidden moss]

Learn more about our Buy & Sell signals: https://luxalgo.com/apps/help-center#hc-buy-sell-signal-modes

[thin trail]

From that link you can see all of our features & usability

[jagged trout]

Anyone play Cold War?

[pale forge]

!candlestick

[thin trail]

!candles

[hidden moss]

Candle Color Modes: https://luxalgo.com/apps/help-center#hc-candle-color-modes

[steep sparrow]

Does anyone trade crypto on MetaTrader 4?

I noticed crypto runs 24/7 but MT4 closes on Friday at 5 and opens Sunday at 5. Does anyone know where else I can trade crypto ?

[hidden moss]

@elder spear i have actually done much better shorting lux strong sell alerts then i have going long on the buy alerts i did alot of shorts over the last couple weeks on lux sell alerts, it works great most of the time but when its wrong, its VERY wrong

[true jasper]

there are a bunch of forex brokers that let you trade cryptos.. it's very dependent on regions though - for example, I can hardly get into a broker that the USA customers have access to

super unsexy mindset video (no backtesting, strategy, rules, or profits)

https://youtu.be/8Q1XyiWER5w

[weak glen]

I use trade station but their selection of coins are very limited. For the weekends I use coinbase pro, but honestly, the fees are a little high. THey do have tons of coins though

I'd like to find one that offers margin, but its getting tougher for US customers

[true jasper]

I'm on JAFX; but I know people who just open an account with Binance/kraken/etc

spreads are usually lower as well

[weak glen]

binance is awesome, but their verifcation process takes forever. Kraken is good, but they only allow wire transfers to fund with USD. Everything seems to have pros/cons

[true jasper]

yep.. they all do

JAFX might work for you... I like them because I can deposit right from my BTC account

funding in less than an hour, usually

both ways

[weak glen]

Jafx offer margin? I prefer shorting

[vernal jolt]

normal buy turns strong whats this? is it when a normal buy turns to strong midcandle?

[empty solar]

Yep when the candle turn green

[vernal jolt]

so for this alert i set the alert to once per bar rather than once per bar close?

[empty solar]

Once per bar close again

[vernal jolt]

the purpose of this is to give faster entries before a bar ends?

if its once per bar close

wont the bar just close on either strong or buy/sell

at which point would it turn?

[empty solar]

Let's say you get a normal buy signal - that'd be on purple candles. If during that buy signal the candles turn green that's considered a normal turning strong

[vernal jolt]

ah i see

its based on the colour of the candles rather than the exact alert

so as the signal solidifies the colour changes and thus you get an alert as the buy has become a strong buy during the trade

[empty solar]

Yep exactly 🙂

[weak glen]

https://www.tradingview.com/x/AqOLPWFA/

Lux nailed this one for bank

[hidden moss]

Guys what you think about him he trade us30, Is he legit?

[weak glen]

I don't trust anybody who puts pictures of lambos (rented), airplanes (rented) or other vehicles as an advertisement lol

[nimble geode]

is he wanting you to invest with him by giving him money?

[empty solar]

oh my haha

Yep don't trust people who flex their rented stuff

Or this sentence

[nimble geode]

insta is full of scams wanting you to "invest"

https://www.youtube.com/watch?v=ctINTpI0Lg4

[hidden moss]

Man he drop signal

But I saw on us30 and GJ he is right he post signal before market move when I trade its work even lux also signal same

Then he asked money for mentorship

But shaun Lee also asked $1k for mentorship

[nimble geode]

dude nooooo

nooooooooooooo

[hidden moss]

I dont know are they all legit can we trust to give him money amd in return they teach

[nimble geode]

they are not legit

ask them what return they can guarantee you make over a month

[hidden moss]

No only ask money for mentorship not like invest this or that or send us for account management

[nimble geode]

dude i'll mentor you for 400

[weak glen]

A good mentor is not going to guarantee anything. Especially not guarantee you making money. A good mentor will help you avoid the common mistakes and save years of the learning curve

[nimble geode]

give me a few hours to photoshop some lambo pics

[hidden moss]

Ahahah

[weak glen]

But these people you're talking about are all scammers

They'll take your money, and then send you some videos and pdfs of stuff you could get on youtube for free

[nimble geode]

they will take your money, show you some candle patterns,