💬hangout

[quartz pecan]

Hello everyone, I am new here. I found Lux Algo is very interesting indicator. I want to trade TNA/TZA but is there any one have to good setting regards the sensitivity and agility? I prefer medium or long term trade so I would use the Day time frame. Thanks in advance.

[quartz pecan]

Hello, If you do mind I ask what sensitivity and Agility are you using on TQQQ? What time frame are you using?

[lapis isle]

When is market open 11normaly

[wild palm]

Ooo I'm excited by what i read regarding the oscillator, cant wait!

have a great trading week everyone 🙂

[winged fog]

For those updates, is anything required on our end to facilitate or is it automatically updated via our tradingview account?

[thin trail]

!update

[hidden moss]

To update Lux Algo, refresh your browser / screen and remove it, add it back to your chart, and save your chart layout on TradingView.

If this didn't work, refresh your browser / TradingView mobile app and then remove/re-add Lux Algo Premium back to your chart and save your chart layout.

You should see v3.1 at the bottom right of your dashboard.

Full guide: https://luxalgo.com/apps/help-center#hc-how-to-update

[thin trail]

will be the same process as this ^

[keen pine]

@vagrant meadow good week for you👏👏👏

[jagged cliff]

👋

[vagrant meadow]

@keen pine thanks!

[quartz pecan]

what's the update for V3.1?

[hidden moss]

Us30 sell is valid

1hr candle closed

If second candle also rejected than there is a good chance that us30 will drop

[safe smelt]

@devout hornet what's link to your video

[harsh bone]

Hi, is there a new version of LUX ? and if so, what is the difference?

[craggy turtle]

What’s forex we watching tonight?

[thorny socket]

USD/CAD, EUR/CAD. GBP/AUD and USD/JPY

[halcyon crest]

gbpusd

[winged fog]

@halcyon crest are you short yet?

[halcyon crest]

@winged fog you mean am I shorting gbpusd?

not yet\

[winged fog]

Correct. Ok. Lower TF (15min) has a strong sell popping in and out.

[lapis isle]

😝

[flat sedge]

nice

[winged fog]

Should’ve taken that GU short!

[vale ether]

That’s a dangerous margin level; might want to consider exiting some positions in case the market moves

[pine cedar]

gbpjpy moving right now!!

[vale ether]

The way the pound is going makes me wish I had an automatic take profit system

[lapis isle]

Its going down and down

Trus me i make a 100 frome that

[vale ether]

Anyone got a MT5 TP utility they’d recommend

[lapis isle]

At least 60

Its dangerous thats why i use my second acc

To try it

[hidden moss]

Us30 is dropping man

[lapis isle]

😂😂😂

If i not sell i was round 80

[halcyon crest]

dang @lapis isle

[brittle quail]

Those Manual trades or you using an EA? Either way nice trades👍

[hidden moss]

Hello, what timeframes and what settings you use for forex?

[thorny socket]

I use 30 min

[lapis isle]

Making 7euro to 100

[west siren]

@lapis isle what is your setting bro and time frame?

[sour sky]

wow nice, what settings u use

[past egret]

looking to buy EURUSD on 15M chart..

[true jasper]

I massacred this backtest

https://youtu.be/GGsCMGLwtsQ

Absolute train wreck. do NOT use my strategy to trade this on a 15m chart

[past thunder]

@lapis isle what broker is that

[warped nova]

@true jasper fair enough

[nova vale]

GBPNZD 5 min chart amazing bullish trend

[distant bridge]

@sweet jungle whats you strategy and timeframe?

[trail surge]

Anybody in here do the FTMO with Lux

[nova vale]

me

[trail surge]

What account did u get funded for

[nova vale]

25000

[trail surge]

How long did take you

[nova vale]

to reach 2500?

[trail surge]

Yes

[nova vale]

I think 2 weeks, my first week was not positive and then adjusting my strategiy I saw a difference

I was doing everything on a 1 minute time frame want it to try the aggressive mode like in the stocks but with Algo I saw it was not possible for me with Forex to do so

[trail surge]

Cool

Ok gotcha

You making good profits daily on that 25000

[nova vale]

I'm trying my best to not think about the profit but more how not to loose and get paid a the end of the day

the 5 min time frames works for me at the moment but may be if I see a change I will move into another strategy

[trail surge]

Ok cool

Thank for info

[nova vale]

no prblem

[hidden moss]

hi, any one knows a tool to analyze trades similar to myfxbook?

[weak glen]

I use edgewonk. Its a fantastic journal and analyzer, but it does cost money. One time payment for lifetime access

Spring for the extra $20 bucks to get the course if you're going to get it. Worth it.

myfxbook is really top notch though. Can't believe its free.

[quartz pecan]

Hello, quick question. When will the Lux Algo detect either the market is trending or ranging? Is at the beginning or in the middle or at the end?

[vivid orchid]

Hello, is there anyway to set my signals up to not be repainted?

[nimble geode]

default they do not repaint

[hidden moss]

thank you

[vivid orchid]

Oh, what does this mean then?

[empty solar]

It's just a warning

Ignore it

It happens because things in Lux get repainted

e.g. the dashboard

[vivid orchid]

Alright, thanks

!

[empty solar]

The dashboard gets repainted, never signals

[naive blade]

@vagrant meadow what MA do you use on your charts? the 200?

[empty solar]

It's our percentile nearest rank

[vagrant meadow]

@naive blade the grey line? Gecko is correct.

It’s so under appreciated lol

[naive blade]

where abouts do you find that?

[empty solar]

https://www.tradingview.com/script/YDpNmgQV-Percentile-Nearest-Rank-Using-Arrays/

[patent skiff]

Made some great trades on GTEC and AQB

[naive blade]

awesome, ill check it out, thank you

[empty solar]

https://www.tradingview.com/u/LuxAlgo/#published-scripts

lots of v nice stuff on our profile

have a play 🙂

[patent skiff]

Still confused about the arrays feature lol

[empty solar]

In pinescript?

or as in our actual indicator?

[patent skiff]

Actual indicator

[empty solar]

Confused as in the usecase of it?

Or what it actually does?

[patent skiff]

How to read during live trading. It says to show trend right?

[empty solar]

It can basically just be treated as if it were a normal moving avg

so same rules could apply

S/R

crosses

ect

[patent skiff]

Ah gotcha

I got it

Ty

Jesus tsla mooned past 600

[gleaming stump]

Does anyone know how I can mute Discord completely and still receive the alerts visually or otherwise? I keep getting random sounds and have no idea how to stop it or where they are coming from...driving me nuts!

[signal hull]

TOP RIGHT

BESIDE THE SEARCH BAR

[past egret]

@fleet stream nice results Nils.. what strategy u use?

[wild palm]

is anyone's tradingview loading indicators and switching assets slow?

super annoying right now

everything else is fine for me, wondering if its on TV's end or something

[empty solar]

Yeahhhh sometimes TV gets a little bugged out

we are trying to do some programming at it's even acting funky

Not just you

[wild palm]

glad to hear this

how are you Gecko?

[empty solar]

Not too bad 🙂 Was my bday yesterday so had a little day off 😉

But back to action today

[wild palm]

hey congrats! happy belated

[empty solar]

We have the upgraded oscillator to work on 😉

Appreciate it 😄

[wild palm]

im excited, can't wait 😄

[hidden moss]

Hey, do you trade pn ranging market? Or only on trending?

[odd valve]

Any recommended option to look at?

[fleet stream]

@past egret I use a 3ma cross strategy 5 min for entry and 15 min for trend

[naive blade]

3ma? jesus thats low

it works?

[weak glen]

3ma, can't you just look at price itself at that point lol

that's exactly what it would be, just current price crossing strategy (+ 2 periods of data, so a little different assuming no major moves)

Pi’s tradingview running slow af for anybody else or just my connection

[naive blade]

@empty solar can the reversal zone deviation levels be considered supports and resistances? i know deviation 1 can be, but can we call D2 and D3 S/R levels as well? i know every script is different which is why i ask, thanks

[empty solar]

Yep the varying deviations can be also considered S/Rs however there are more zonal in theory e.g. higher probability of reversal in a zone

[naive blade]

ive been noticing on SPY for examples D2/D3 from previous days have been getting hit, which kinda got me thinking

[empty solar]

But yes absolutely can be considered this

[naive blade]

awesome thats perfect

[small pebble]

@vagrant meadow can I ask what broker you use for options trading? I like the screenshots you post in #💰share-profits

[fleet stream]

@naive blade yes it Works pretty fine , but its only one Part of the Game 😉

[vagrant meadow]

E*TRADE

[small pebble]

Thanks!!

[past thunder]

Where can I see brokers recommended by lux

[frank mesa]

#704043568079306802

[hidden moss]

Hey does anyone has gold scalp strategy

[nova vale]

one strategy is to focus on pivots. if there is nothing toward or at the pivot don't get in

[thin trail]

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

[small mulch]

Yes please how do we get that back

[empty solar]

It's put above ^

Just add to faves

Very easy 🙂

[harsh bone]

how can i best use LUX ALGO for my trades? are there any experienced traders here who could give me a hint or two on how they utilize this tool for maximum profits? i trade regular currency pairs, indicies, and metals, thanks

[bitter drift]

I use it as a confirmation to help with support and resistance as well as to take signals that are going in the direction of the trend. For example if the market is in an uptrend I would only take the buy signals

[harsh bone]

Many thanks Amanda, do you know if it has a support and resistance feature or do you just draw your own?

[empty solar]

@harsh bone We have a lot of features built in

http://docs.luxalgo.com/

you can go through them all in docs but yes we do 🙂

If you go into settings:

S/R method

Predictive range

That's a good ones

[harsh bone]

ok thank you very much!

[small pebble]

Is there any way to create an alert on the Lux Oscillator changing from blue to red or red to blue?

[empty solar]

Yep 🙂

This will alert when they cross

[small pebble]

Excellent, thank you!!

[halcyon crest]

how you do that

it doesn't work for me

i tried online too

wait

it works now

that's weird

[quartz pecan]

Question regards the Stock alert on MSFT 4H buy, the state says the market is Ranging, but I think this buy alert is from the confirmation, should we use contrarian, there is no alert on that.

I am still learning how to use Lux Algo

[empty solar]

Well the state depends on the user's S/R significance input

So the higher that is the higher the lookback

It's really down to your choice

[quartz pecan]

I use all default

Also, the Confirmation says it's a strong buy signal but the Lux Control has Bears control by 70%, how do you interpret that?

[empty solar]

You'd interpret that as a bit of a mixed signal so maybe be more careful taking the signal

Or look for a better entry

[quartz pecan]

Thanks for your clarification, how is the S/R significance affect the state?

[empty solar]

It will increase the lookback

[quartz pecan]

I tried to change the S/R setting but the state didn't change at all

[empty solar]

Then that means that the state has been ranging for a long time

[quartz pecan]

ok, got it. Thank you

so, are all the alerts based on confirmation only? regardless the state is ranging or trending right?

[empty solar]

Yes sir correct 🙂

[quartz pecan]

👍

Any experience trader has recommended setting for TNA or TQQQ?

[torn meteor]

What does each bar color mean?

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/candle-coloring

Have a read through our docs 🙂

[torn meteor]

Hmm I’ll have a look again

[full garnet]

Is anyone trading view giving problem?

[empty solar]

It may be down let me check

works for me

which asset?

[full garnet]

GBPJPY

[empty solar]

Which error appears?

[empty solar]

It will most likely be fixed by tradingview very soon

[full garnet]

That’s in the FXCM provider

[torn meteor]

ah I got it. I didn't turn off the candle borders on the actual TradingView setting, thanks

[harsh bone]

Hello, what is the Predictive Range for? Does it act like a Take Profit/Stop Loss ?

[hidden moss]

Any idea for US30

Its on full resistance

News will effect it more ?

[drowsy sorrel]

@sweet jungle What time frame you find most profitable for your tactic?

[sweet jungle]

1 hour

[drowsy sorrel]

I find 1 and 4 hours to suit me most as well

[thorny socket]

I am using 1D/4h

[nova vale]

ok what kind of intensity and agility for the 1 hour or 4 hour? I'm using the 12 / 26 and seems not bad but want to have others perception. thanks

[drowsy sorrel]

@nova vale I played around with the intensity and agility but the results were strange, so I'm still using the 12/26 myself

[past egret]

do u use also any other indicator or algo?

[analog swan]

What strategy are u guys using with lux?

[nova vale]

I'm doing scalping on the the 1 min with 12/26 trying today to see if it's something I can manage

[analog swan]

Ok update me. Good luck

[nova vale]

since this morning

[analog swan]

That’s pretty good bro

[nova vale]

yes I'll try until friday to see the final result let you know

[empty solar]

@nimble geode I'd say that's a nice day

Big congrats

[analog swan]

Ok ok ty🙏🏼

[warped nova]

@empty solar Predictive range just broke

I wanted to send a picture of how well predictive range works as I had 366.3ish as 2nd support but a buy signal was blocking it so I turned off the signals and this happened

[empty solar]

ummmm this is odd

Let me check

[warped nova]

Wait a minute

maybe it is on my end

the ranges are fine again but I could have swore the last blue line was at 366.3ish but prices didn't get there

[lost quartz]

@empty solar any shot at getting current volume back on the dash? I miss having it and had to rework my charts otherwise. If not, do you have another suggestion within trading view? I am using total volume as of now but hate that I have to use an additional row...

[empty solar]

On the side bar where it shows the price, if you right click you can show volume

So it will show a volume label

[lost quartz]

Any body mind sending a snipet? I cant find it in the settings and I am obviously overlooking something very easy..

[lost quartz]

Got it..

[gleaming stump]

THIS IS THE MOST BEAUTIFUL SHORT I'VE EVER SEEN!!!

@true jasper I FKN LOVE YOU MAN! I'M SHORT FROM 1.1874

UP 40 PIPS AFTER THE BS 5 PIP SPREAD AT THE MOMENT!

[gleaming stump]

List of confluences...Strong sell on the 2&4 HR called by the lux FX scanner, sentiment is 20% short, 80 long, EQ cloud is trending down on the 1,5,15,1hr, 2hr and 4hr

[boreal obsidian]

anybody can help me out with some ideal settings on the oscillator? such as source and length?

[gleaming stump]

@true jasper JUST CLOSED IT W 54 PIPS PROFIT!

[visual edge]

Hey guys. Getting a bit discouraged need a boost. Two red days in a row. Using variation of Malfx strategy on the 15M charts. Lux signal pops I get an alert immediately, pp signals are going in the right direction, clear trend, oscillator is in the right direction, strength in bulls/bears is in the right direction, and then bam, reversal and I get fucked. No idea what I'm doing wrong. Would appreciate some help. Should I go out to the 1 h or 1 d timeframe?

[drowsy sorrel]

@visual edge Any tactic that revolves around playing with the trend perform poorly when a reversal occurs, don't get discouraged, stick to what you're doing and when the markets you are playing start trending again, you will see profits

[visual edge]

Thanks. Ya just tough to stay consistent when all the trades fake you out. Might try looking at the 1D to see bigger trend before entering.

[frank mesa]

Maybe combine your strategy with the length of the oscilator. From what I've noticed while testing strategies is that a reversal is more likely when the oscilator is already in the same trend for quite some time. So maybe avoiding trades when the oscilator is very long can avoid some losses. Though that can of course also cause you to miss some trades. You'll have to balance it.

[visual edge]

Thanks Killer bee will try looking at shorter oscillator flips instead of longer ones. A lot of them were midtrend I'd say, but maybe that's already too late.

[covert vessel]

anyone playiong ABNB today?

[warped nova]

@visual edge two red days in a row? Have you backtested your strategy?

[steep sparrow]

Do you guys think usd will continue down for its last leg? Possibly to the 90.100.

[warped nova]

@visual edge I actually have found that the 15 minute chart doesn't work so well with Lux. I found shorter and higher TFs to work better. Not sure why that is with the 15 minute but that is my experience

[nova vale]

I go with the one min chart and it fits me

[visual edge]

Ya I backtested and it looked good for the past two months. Maybe I need to backtest a full year. Maybe 15 M is not good.

[nova vale]

15 min and 30 min not good for me

2H and 4H good

even the 5 min doesn't fit me

if I have a good strong sell on the 2H and 4H I am more confident with the 1min chart

[visual edge]

Maybe enough people aren't looking at the 15M, kind of an odd timeframe. Maybe the masses are looking at 1M and higher like 1, 2, and 4

[true jasper]

I find 15m good on AUD and CHF pairs... at least with my strategy, it's pretty good

[visual edge]

Would love to hear it

Im actually finding some success backtesting MACD crossovers with Lux as confirmation

And making sure RSI is not over or under 30 at the crossover

30 or 70*

[nova vale]

I work with SMA 10 and 50 with RSI 80/20

[visual edge]

So if price is above SMA 10 and SMA 10 above SMA 50 and RSI is not overbought or oversold?

[nova vale]

most of the time I wait a strong movement when both cross together and then I look at the RSI to see if the movement as a good capacity

[visual edge]

Ya that's a good one, and you use that on the 1M?

[nova vale]

yes

[visual edge]

I'll backtest that one thanks

[nova vale]

no problem

because if you wait that it goes up or down for the movement it's too late

once the alert pops the market as already over reacted

[visual edge]

Ya

Maybe it's a good strategy to trade opposite the lux signals

😂

[covert vessel]

😂

[visual edge]

At least for the initial move

[nova vale]

I don't wait for the bar to close by the way

if the alert pops I look at the graph and then I make my decision, this little pop is the alert of a possibility that the strategy will work

[visual edge]

Ya same bar close is way too late already

[nova vale]

yup get in get out

[warped nova]

@nova vale agree with the 5 minute comment. Lux doesn't do well with 5 minute. For some reason I found 2minute using HA candles work well if you only focus on first 1 and half of trading. More than that and it is whipsaw city

[bronze rock]

Am new just bought lux where are the signals

[empty solar]

The scanner channels?

#🔔scanners-premium

[spiral lodge]

Can anyone explain the Directional Matrix: WMA a little better?

[nova vale]

WMA affects more the present then the past in direction

SMA is the inverse it calculates more the past to be effective in the present

both are good on your graph. SMA gives a direction on the trending and the WMA reacts directly with the volatility

[spiral lodge]

thanks

[nimble geode]

i am looking desperately for a offshore broker that allows us customers, anyone know of any decent ones?

[upper dock]

@visual edge hey bud. don't get discouraged. I was in the same boat as you a couple weeks ago. finally broke through my plateau. As simple as it sounds, support and resistance lines, + trend channels was what made the difference. use it as confluence when entering or taking trades. sometimes you might get a "buy/sell" signal, but might NOT want to take it....because you might be at an area of an "all time high" or "low" for example. (you'll start seeing the big picture that when you draw S/R lines, and trend channel) there are some good youtube videos out there to help you get the S/R, trend channel lines drawn correctly. just me 2 cents. hope that helps

[visual edge]

Thanks man. Think I just need to sit out a regroup for a while why I perfect my strategy.

And*

[upper dock]

@nimble geode the two brokers i'm looking at are ospreyfx and hugosway as a US client. both offer descent leverage.

[upper dock]

sure thing. yeah some days I have to do that. going back to see how i would/couldve done better, or see what i did right (when the trade goes my way) in other cases.

[stray yacht]

Hey anyone out there that day trades Crypto

whats your favorite settings and for what time frame

looking for some vets just purchased this

[thin trail]

For crypto i find default overall to perform great @stray yacht on larger timeframes since it’s a very nice trending market in general

timeframes like 4H+

[nimble geode]

@upper dock i am looking for decent leverage and hedging, so looking for offshore broker that allows us traders

[stray yacht]

What about scalp time frames 5 min to the hour

[thin trail]

Really depends on the current market condition, impossible to say a setting configuration that naturally works for lower timeframes

Generally though, crypto trends and is volatile, so i’d suggest just optimizing sensitivity to you’re liking

[warped nova]

exactly right, spot on.

[upper dock]

Thanks man. Learning a lot by hanging out with you fellas in this chat.

[upper dock]

Yeah they both have decent leverage. 1:200 and 1:500. Hugosway isn’t regulated but I hear they are working on it. Osprey has better leverage and regulated but I don’t think has been around as long as Hugosway. Let me know what u think.

[tranquil notch]

Why is the layout so fucked today? On TradingView the algo is all over the place?

[empty solar]

What do you mean?

[stray yacht]

So no one has any preference for settings on different times frames for crypto except the admin?

[brave hamlet]

Yooo wassup y’all

[thin trail]

!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

[stray yacht]

this is version 3 right

?

i literally cant even find youtubes videos about lux algo v3

all about v2 and 2.5

[analog onyx]

3.1.1, there are more recent videos here https://www.youtube.com/channel/UC-luaBAGSqZ---25Wifnnhg

[stray yacht]

page doesnt work

[brave hamlet]

Yo

[fallen isle]

who here day trades stocks?

[bitter fox]

lol more like who doesn't?

[native oasis]

How can I set alerts for my pairs when volatility is high?

[past thunder]

1hr is considered day trade?

[bitter fox]

1hr is good for swing trading and longing. if you’re day trading you need to be more reactive so generally everything from 1m to 15m.

[past thunder]

this is my second week trading, I first get into 15min but loose more

then change for 1hr and get profits by day

but sometimes like today I got worst time ever and loose 5 of 7 trades and was for confusing sings

sensibility plus 1hr is dangerous

if i traded with 15min may i would lost that mutch

[analog swan]

u should just stick to your strategy and if something doesnt line up with ur strategy u shouldnt trade it

be patient and

dont overtrade

[past thunder]

thanks, but some times get confused in what is my strategy, lol so many videos

[bitter fox]

futures are big red right now, but have been dialing down. VIX was up almost 8% earlier.

[analog swan]

you should write down ur strategy and 100% stick with it. Find one try it and test it out for awhile. Be very specific with when u allow urself to trade

[bitter fox]

if you’re just starting out you for sure need to sit down and educate yourself because otherwise you’re playing with fire. honestly I really like ziptrader on youtube. charlie has a solid strategy and teaches it well. take the weekend and check this playlist:
https://www.youtube.com/playlist?list=PLWCHyH3RlwTEFW8fCvLLCkTvo5l_Z13nf

[warped nova]

If you are confused on what your strategy is then you shouldn't trade real money. I guarantee you will bust your account. Just be patient. Develop a strategy, backtest, paper trade it, paper trade it some more, okay now you are ready to... paper trade some more, and now real money. And yes during this paper trading time you are going to miss really awesome trades but that is okay. There will be a next time

[wild palm]

Time to make a coffee and do some backtesting on this new oscillator 😄

hope you all had a great week

[thin trail]

☕

you as well!

[wild palm]

thanks Mack

[nimble geode]

what is your strat?

[wild palm]

absolute strength and oscillator to confirm direction and strength, i like to enter off of s/r for ranges or the EQ line 2 for trending markets. then ideally exit at lux predictive range

ppslope that other ppl started using is great with that setup as well just for added confluence

[true jasper]

I'm playing around with ppslope a pile as well

my transition to full-time trader is taking a bit longer than expected. lol... my clients are my friends and I'm making sure my former competitor is treating them right

but I'm slated to be done monday

and I'll be far more active in here

[wild palm]

your knowledge and comments are always appreciated klaw, i learned from your system and videos 🙂

[meager remnant]

Great to hear @true jasper

[true jasper]

you're hugely helpful in here as well!

[wild palm]

@thin trail legacy oscillator, smoothing doesn't affect it correct? I just want to make sure I have the original oscillator, and can test the new stuff side by side

[true jasper]

thanks @meager remnant

[analog onyx]

smoothing doesn't affect the legacy osc

which is why its named confirmation smoothing

[wild palm]

perfect thanks! i figured, just wanted to confirm it hehe

[jagged cliff]

bruhhh

Lux Oscillator Confirmation

is so useful

thanks for the addition Lux ❤️

continue to be #1

[empty solar]

@jagged cliff ❤️ thank you again

[pliant briar]

Hello does this Lux algo works in Binary?

[hardy field]

Am I right in saying that the normalised oscillator can be treated like an rsi?

[empty solar]

Yep absolutely - anything range bound and directional can be treated like RSI

Oversold / overbought zones

Divergences ect

[hardy field]

Perfect thanks @empty solar

[analog onyx]

note however that unlike the rsi, higher length values wont make the normalized oscillator converge toward 50

[hidden moss]

hi, any one knows if I have a one month subscription do I have access to the new oscillators?

[nimble geode]

nope you were mean to Gex

[hidden moss]

Unfortunatelly in the vip-support seams that there is no one...

But you have to admit that now they are telling every one that the signals do not correspond....

[nimble geode]

i admit nothing!

[hidden moss]

jajajajaja

Well thank to you and I they are accepting that the signals have an issue

Victory will be when they remove them from the web page

How long have you been trading?

[nimble geode]

between 1 and 40 years

[hidden moss]

great!!!! 40 years of experience!!!!! How about these 2 set ups: 1 for finding (15 min, 1 hour, 4 hour, 1 day) and 2 for set up the trades

to set up and follow

[nimble geode]

i charge a lot of money for my bogus trade advice sorry

to be honneys i have been trading about 9 months, and i'm not that good

[hidden moss]

but I´m poor.... It will be your charity action for the day

[hidden moss]

Hi, is it possible so saw the oscillator dashboard when you re play the market / or move backwards the info?

[drowsy latch]

How do I add the oscillator on my charts?

Won’t allow access

[empty solar]

Under invite only

Select Lux Oscillator

[drowsy latch]

Where is invite only ?

[empty solar]

!guide

[hidden moss]

Full Mobile + Desktop YouTube walkthrough for setting up Lux Algo on TradingView: https://www.youtube.com/watch?v=Zw-XBVaIOvI

Link to the setup guide on our website: https://luxalgo.com/apps/help-center#!hc-user-setup-guide

[empty solar]

It's where you added Lux Algo from

Or just search in indicators for Lux Oscillator

[south vector]

Where's the place to disable borders for candle coloring? I'm reading this article https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/candle-coloring

But in TV not exist

https://gblobscdn.gitbook.com/assets%2F-MGe74ofcUpGsn04C4d4%2F-MKS6ZSLbthm-nsRNFEO%2F-MKS8UdgJn98KBGpkr1B%2Fimage.png?alt=media&token=e68457d1-170e-4de6-b6f4-86e28bcef2ea

[empty solar]

Yep that's it

[south vector]

Can't see it

[empty solar]

I see it

Right click chart

Chart settings

Border

?

[south vector]

Thanks!

I thought it was in the lux indicator preferences

[empty solar]

Ahhh no it's a TV settings 🙂

No worries 😄

[fickle ginkgo]

how do i change my payment method with u guys?

[thin trail]

Hey @fickle ginkgo https://luxalgo.com/tools/recurring/get-subscription-access use this link and click the first link it emails you to login and update your account

[fallen isle]

What is sensitivity and what is agility?

[thin trail]

!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

[dawn yoke]

Hi please add me

I already subscribed

My email address is [e-mail]

[empty solar]

Support would have added you

If you're in VIP they would have given you access

[dawn yoke]

I use luxalgo acces in my trading view app in mobile

Sir I have some confusion on this luxalgo

I don't understand how to trade using luxalgo

[thin trail]

Hey @dawn yoke

!guide

[hidden moss]

Full Mobile + Desktop YouTube walkthrough for setting up Lux Algo on TradingView: https://www.youtube.com/watch?v=Zw-XBVaIOvI

Link to the setup guide on our website: https://luxalgo.com/apps/help-center#!hc-user-setup-guide

[thin trail]

!overview

[hidden moss]

Complete Lux Algo walkthrough on YouTube: https://www.youtube.com/watch?v=c12sF8xb24k&t=144s

[uneven crystal]

anyone have some good settings for scalping us30?

[prisma mantle]

Hi guys what settings do you use for 1m scalping?

[wild palm]

i personally don't trade US30 but you should checkout Pauls youtube https://www.youtube.com/c/PaulKlaszus1/videos

he's got great content using lux with indices

use his tips for settings your algo settings, then you know how to customize it depending on what you are trading, the timeframe, etc.

hope this helps

[vale ether]

+1 to Pauls videos. They're great

[uneven crystal]

sweet thanks

[vale ether]

Anyone else given up gold?

The volatility is just such a double edged sword

[kind orchid]

Hello can anyone recommend good settings for 1H longs?

Im not getting into gold atm

[patent skiff]

I only trade equities

[fringe kite]

Any idea regarding eurusd for this week ??

[kind orchid]

guys gold is gonna drop

I just set my TP to 1815

SL 1838

bearish pressure is huge

[junior stream]

Hey guys I’m new here, I want ask if someone though use the indicator like a hedging strategy in m1 charts? For example on gold? It could be really interesting I think

[hidden moss]

@kind orchid your SL hit

[kind orchid]

Yessss sir

Didnt put a big lot in luckily

Still expect it to hit 1815

Might as well reenter now 🤡

[green totem]

How do you suppose that happens?

Legit Question ☝️

[kind orchid]

Strong resistance at 1842

[green totem]

Thanks man

[hidden moss]

Gold is so unpredictable, hate to trade it.

[green totem]

its like an Ex.... can't live with her, can't live without her either

[hidden moss]

Hahahha true 😂

[thin trail]

pain

[tulip radish]

i love gold but she is a b*** lol

[green totem]

😆

[kind orchid]

Gold is such a bitch but when you can understand her she will give you so much

😭

Im praying so hard this drops to 1815

This is going towards my mums Christmas present 🥺

[green totem]

oh man. Its already cleared liquidity around 1822... but considering the Head and Shoulders, there is still the chance for a 1810 or 1807 drop. Don't ya think? because if it doesn't i'm think it'll shoot up to 1850

[tulip radish]

its on a downtrend so anything can happen

[young sonnet]

Down to the 1810 🤔? I think the lowest bak to the 1820s

[tulip radish]

i was thinking the same

[kind orchid]

Bears coming back to play anytime

[tulip radish]

prolly retest 1820 and comeback

[kind orchid]

Shall I change my TP?

[green totem]

interesting. daily timeframe and 4 hour tells me otherwise... this is the 4 hour

[tulip radish]

i was looking at 1H

[kind orchid]

I always try to trade using 1D and 4H

[green totem]

you mean it will come down before sprinting upwards?

Look at us, trying so hard to understand this beautiful witch.

[kind orchid]

I set TP to 1820

Gonna play this one safe

[green totem]

I'm not in right now. But all the best! I hope you get your mum the best damn Christmas present!

[kind orchid]

Thanks for your support! Hehehe not many days left!

[empty solar]

@kind orchid If you enjoy trading higher time frames you should also enjoy our new #📊pattern-detection channel which is really really good for daily trades 🙂

If you're familiar with chart patterns that is

[kind orchid]

Thanks Ill have a look at that right now. Im done for the day so I can have a quick browse ☺️

[warped nova]

@empty solar it would be cool if I click on a ticker in the pattern detection room and it opens up a tradingview chart with said pattern showing

[empty solar]

@warped nova Excellent idea

Thank you for that

[sly carbon]

What is you'r set up for the agility and sensitivity guyz

[warped nova]

Trades for the day

[torn meteor]

I use default agility/sens tbh lol

[sturdy plinth]

New here anyone wanna share a dope setup and good timeframe ?

[kind orchid]

Morning all! Happy trading today! We are just 10 days away from Christmas 🙂

Woke up in time for Sydney/Tokyo session

[empty solar]

Pattern spotter killing it with some of these formations

Text book

[empty solar]

https://www.tradingview.com/blog/en/tradingview-desktop-beta-is-out-now-21962/

For those of you who prefer desktop clients for trading software - tradingview just launched a desktop client

[sly carbon]

nice !

[wild palm]

cool, gonna have to check that out

upon first use it does feel much smoother than the browser app

[plucky kite]

@empty solar i just read in your "announcements" that i was one of the WINNERS of the 1 year upgraded TV, however it looks like ive accidentally deleted your DM can you please re-send!!! ❤️ or i can send an email to support?????? and THANK YOU!!!

[empty solar]

@plucky kite Congrats 😄 Yep of course we can re-send 🙂 I'll let Mack know

[plucky kite]

THANK YOU SO MUCH GUYS ❤️

[empty solar]

Pleasure 😄 Enjoy it - I just let Mack know so he'll send another DM in a little

[ripe pine]

when the bands start getting tight from consolidation. would this be a potential breakout to either side?

[empty solar]

Yep could indicate this for sure

[ripe pine]

gotcha

thank you gecko

[sly carbon]

Guyz what is for you the best low fee Crypto exchange platform

[sturdy plinth]

The tendlines not working for me ?

[empty solar]

Just zoom out / go back in time

and they'll load in

[sturdy plinth]

Thanks

[torn meteor]

How are you today Gecko

[empty solar]

Very good 🙂 How are you?

[torn meteor]

Swell. Making those coins

[empty solar]

Excellent news 😄

[torn meteor]

Appreciate what you and the team do on the daily

[empty solar]

Appreciate it 🙂 Always working on new things and a lot more in the pipe line - hopefully you like the news channel and may find the patterns useful

[analog swan]

Recommend lux settings?

[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

[analog swan]

Thx

[warped nova]

Trades for the day

[modern epoch]

i dont see the reversal band option?

[empty solar]

Look under indicator overlay

Reversal zonez

[modern epoch]

Thank you

[reef zephyr]

I have been using lux for a month now and I only trade forex. I have seen 10% success. I take a look at 2 hour chart and reversal happens. I put the stop loss below the resistance but still lose money. Any thoughts?

[short kayak]

@reef zephyr Lux Algo Isn’t a godmode glitch... What was your success before lux ?

[reef zephyr]

Sure. Not expecting all trades to be successful. My question is mostly at what level to put stoploss. My success rate before was also 10ish and I was using ichimoku and ADX to take trade

[short kayak]

@reef zephyr I personally think support and resistance is the best way to get a stop loss , the atr is a good way also but using they key zone of the charts will give you a better area

[shy dust]

Anyone know what the best sensitivity is for day trading?

[reef zephyr]

Could you please give me an example. I put it always and it touches and reverses lol

[short kayak]

If you got in at that buy, your SL should be somewhere under the support and resistance box where that line is

[reef zephyr]

Gotcha thanks

[broken raft]

is that box an indicator or manually drawn?

@short kayak

[short kayak]

Lol manually my guy

@broken raft

[broken raft]

haha thanks!

[reef zephyr]

Do you guys take a trade immediately after seeing lux alert on scanner? My line of work doesn allow that and I'm usually late. What strategy you guys take

[empty solar]

That's fine just look for a better entry

[slow fern]

https://gyazo.com/6131230af2a201950bd442a1d1ffdae0

[wild palm]

very awesome 😄

watching crypto rally to previous ATH's has been like watching a puppy grow up 🤣

"go little guy!"

[empty solar]

I remember when he was still a baby

[wild palm]

i miss sub $50 ETH 🥴

[past thunder]

start to think day trading with lux is not really good

is better to trade with 2h or 4h?

[hidden moss]

Hahah, They don't know that is support and resistance line

[empty solar]

If you couldn't trade smaller timeframes before you shouldn't try to do them really

People who day trade 5m timeframes need a lot of experience

[hidden moss]

When you have gold

Then you will die man

Gold 5 min time frame scalp is hard

We always trade on pullback on gold

80% profitable until now but you need tight SP

Gold is very risk sp you need lot of experience on gold scalp

[past thunder]

mmm

so if im "new" i should work in higher timeframes?

[hidden moss]

Yeah man or gold will scam you 😁

[past thunder]

im in forex

😅

[hidden moss]

If you are new so don't touch gold only trade currency

Gold make lot of profits because its too volatile, I love only GJ, US30 and gold.

BTC is crazy now, All time high

[short kayak]

Gold is easy on the 15 min

[past thunder]

so 1hr time frame will be

[hidden moss]

Maybe, But gold create massive wicks

[short kayak]

Exactly, u get in and out

[hidden moss]

Yeah I like scalp from support and resistance so when it goes high it has to pullback and I take 2 points of gold

[hidden moss]

Whats your strategy bro

[short kayak]

On my YouTube

https://youtube.com/channel/UCMBWYzHfJta8Wj50wID_XKw

[placid pine]

@short kayak , A friend of mine introduced me to your 15 min strategy some weeks ago, It is simple and 🔥 🔥 🔥 the way a strategy should be. Thx & your knowledge is the real gold my guy.

[short kayak]

Yessirrrr thanks for the feedback,📈📈

[sly carbon]

What is the 15 minutes strategy ?

[past thunder]

@short kayak im looking at your videos

really cool!

[short kayak]

On my YouTube

Thanks

[past thunder]

btw I think that lux oscillator change the setting panel

i can change the lenght but no the source

[short kayak]

The same settings still apply to the new one

[past thunder]

in lux oscillator type is legacy?

[short kayak]

Yup

[past thunder]

ty

[sly carbon]

Your 15 minutes trading strategy work for stock ?

[short kayak]

I base all my strategy’s for forex and Gold so I don’t know @sly carbon

[sly carbon]

Alright

i'l try it

is it me or the lux oscillator that you used is different from now

[empty solar]

The one Mal uses is the legacy one

So if you go to settings and select legacy

It's the same

[green totem]

Anyone got eyes on that gap in GBPUSD from Monday opening?

[slow fern]

I've was playing with the Sensitivity and agility for several hours last night and I still have yet to find a setting that I can confidently use (for BTC + ETH)

Does anyone have any recommendations I could check out?

[empty solar]

For which timeframe?

I don't think you'll find any settings you can just blindly follow though

[nimble geode]

@slow fern you will never find a setting like that

[empty solar]

If you see MalFX's content you'll see how he filters out signals with other indicators ect

[sinful verge]

Yes, I saw it. Actually I had 2 "buy" open and the profit was amazing 😅

[nimble geode]

allthooooo the facebook ad i saw said lux was a way to get rid of all the indicator mess, and showed one screen with a bunch of indicators, and a second screen with just lux and all perfect signals

[empty solar]

I mean it can give that - open larger timeframes and you'll see this

It's just everyone seems to trade 5m - 30m

which is naturally more messy

[slow fern]

@empty solar 15M

[empty solar]

This is BTC daily for example - doesn't get much cleaner

[slow fern]

What's your settings?

[empty solar]

For what?

[slow fern]

Sensitivity

In that screenshot

[empty solar]

default

always default

any images we share are default unless stated

[slow fern]

Oh thats 1D

I thought that was a lower timeframe

Where can I check out MalFX's content?

[empty solar]

Just go to youtube and search MalFX

[past thunder]

here

[slow fern]

Thanks

[nimble geode]

ya even on that example like 5 out of 12 are bad signals, on the marketing 0 out of all of them are bad signals, i aint sayin lux isnt helpfull, just that to compete with the tons of other marketing on face book its clearly over exagerated

[empty solar]

That's not true - all our youtube videos - I'm pretty sure even some show BTCUSD daily

In fact i'm pretty sure it's this exact chart

Naturally there will be bad signals though

We leave strategy building to the user. take mal as a prime example

[slow fern]

I use some personal indicators as well as the oscillator and volatility indicator with lux

I learned that its not smart to just rely on the signals lux is giving you but to look at your other indicators before making a trade

Then again lux is just an indicator and is not always accurate

[nimble geode]

i am not dising lux for what it is at all

[slow fern]

Yea Ik

I think you might be looking at it wrong

[cyan cipher]

yeah you cant just blindly follow signals from the indicator , you must have other confirmations, personally i use supply and demand zones i wait for price to get to a key level then i watch the lux indicator and use the oscillator and emas for confirmation

[nimble geode]

no, again i'm not complaining about lux at all, just the facebook marketing that is the same as all other indicators marketing

[empty solar]

@nimble geode Yeah there's an issue a LOT of slimy people do marketing on HA candles for example and present crazy charts using HA data

Which is a massive massive issue and is actually against tradingview's rules I believe

It's just trying to find a balance

[slow fern]

@empty solar What does the S/R significance do? Couldn't find anything about it on the website

[empty solar]

It increases the lookback of the S/R for most of the features

[nimble geode]

changes the lookback

[empty solar]

e.g. the predictave range

or the state

[nimble geode]

also adjusts the dir matrix

[slow fern]

I'm not familiar, what is lookback ?

[empty solar]

How many candles it looks back let me show an example

This is GOLD predictave range 5

default

This is with 1

far less lookback

[slow fern]

Ohhh

I see

[empty solar]

so it spots smaller structures

[slow fern]

So naturally it would make more sense to have a lower setting for day trading?

[empty solar]

eh

It's personal

I personally wouldn't go <5

[slow fern]

I think I'm going to keep it at default

Don't want to mess with it if I dont completely understand it

Thanks for your help

[raw hare]

for S/R significance, which method you recommend?

[empty solar]

What do you mean by this? Which value?

I assume you're talking about S/R method?

If you are that's quite personal but I and I know a lot of others are fans of the predictive range

[raw hare]

@nimble geode trading is very tricky. it doesnt matter what indicator you use. im still trying to find my way around it after several years.....

[balmy spear]

New to this. I see lux algo does calls on the 4h timeline. That seems like a strange timeline to call from... are these for day trades or scalps or what?

[empty solar]

Our scanners only do 2h+ alerts

you can set your own of course though

!alerts

[hidden moss]

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

[radiant sky]

Can you guys explain the “strong” green and red, please 🙏🏻

New here

[analog onyx]

these are signals that occur in accordance with the main trend, more info here https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signals#confirmation

[radiant sky]

Then why do you get a buy signal and almos immediately a strong “bearish” signal

[empty solar]

See how it's a normal buy

not a strong

Meaning it is behaving more like a TP

[radiant sky]

Ohhh

Got it thanks!

So better to follow the strong signals

[nimble geode]

strong is better, but dont expect them to be perfect

[radiant sky]

Yeah

[nimble geode]

have back up

[radiant sky]

And lastly. Sometimes tradingview price and metatrader prices differ. Does this happen to you guys?

[nimble geode]

different brokers?

forex is like wild west, different brokers have different prices

[radiant sky]

Probably yeah, i will look into it. Thanks for your help

[nova vale]

wow at 2pm eastern time the whole forex moved different directions in one minute

it was like if somebody did shuffle all the cards at the same time LOL

[lapis isle]

🤮

[wild palm]

yeah there were some nice moves there

[warped nova]

@nova vale all of Forex moved because USA's Federal Reserve released FOMC notes

2:30 is press conference

nothing unusual

[nova vale]

we will see some other moves coming after press conference

[lapis isle]

Thank you

[torn meteor]

How’s everyone doing today?

[warped nova]

@empty solar I'm getting crazy lines again

[analog onyx]

thats normal since the closing price in the last candle change, wait for a new candle to appear

[warped nova]

what?

wouldn't normal mean that happens all the time?

it's happened twice

i just refresh the page to get rid of it

[analog onyx]

not necessarily, but I will take a deeper look into it

[slow fern]

What are your guys' thoughts on this? https://gyazo.com/3883494d0a43d001c5d59881f78dea7a

Regarding BTC

[analog onyx]

@warped nova should be fixed in next update

[visual edge]

If BTC holds 20,060 range, next target will be 29-30k

[nova vale]

big possibilityof near coming into place

bears

[visual edge]

You need to look at your charts logarithmically. You're not analyzing it correctly if not.

[south vector]

Hi guys. I'm a newbie and I will be grateful if someone shares their methods around here Thank you

[empty solar]

If you search for MalFX on youtube

He has nice content

[slow fern]

@visual edge It's more of a short term assessment rather than long term assessment

[visual edge]

Well the big boys are going in now so I don't see a bear market. 100mil mass mutual investment, 650 mil micro strategy investment, paypal, etc.

[visual edge]

You definitely don't want to be in front of that train going the other way

[slow fern]

Yeah, thats very true

[analog onyx]

Make sure to check the new oscillator everyone 🙂 https://www.tradingview.com/script/ZIO3hXCd-Rainbow-Adaptive-RSI/

[mortal lark]

Hows everyone's trading go?

[mortal lark]

Wait how do you add the rainbow rsi? I can't find it on the public library

[analog onyx]

add it to favorites, then you can apply it to your chart directly from your favorites indicators

[south vector]

Thanks

[pine vault]

Does anyone have MalFX’ set up on lux v3? I can’t seem to get my Lux oscillator the same as his

[thin trail]

It’s Legacy type @pine vault

[pine vault]

Thank you!

[sinful hill]

Who has the most accurate settings,bought the indicator a couple hours ago

[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

[obsidian harbor]

I’ve realised that New York session is only and the best time to trade even though I live in Australia, I’ve lost 😞 so many trades because I traded on Sydney and Tokyo, london session. but made maddd profits only on New York session. what you guys think about this?

[visual edge]

its a proven fact that the New York London overlap is the best time to trade.

[obsidian harbor]

@visual edge so I should just definitely focus on only trading on the New York session?

[visual edge]

New York London Overlap

[obsidian harbor]

😮 I see alright, any other crazy tip as well?

[visual edge]

Learn everything you can: https://www.babypips.com/learn/forex

[modern epoch]

okay i will do this tip in the morning, so i will sleep tonight. Give it a go! Peace!

[weak glen]

Frankfurt and London opens aren't bad either. But by far largest volume is London/NY

[obsidian harbor]

ah thank you, I’ll do anything to maximise my mad profits and knowledge of the market

[modern epoch]

yes im tring to leave california, its getting bad here

[weak glen]

in what way? virus shit?

[past thunder]

lol

riverside and LA gg

[modern epoch]

yes, taxes are so high, gas is 3.50 weekly rations is 100 a week from 60 two months ago.

[slow fern]

Whats more important, BTC or finals?

Do i sleep for my finals or stay awake for btc

I think ill go with the latter

[patent skiff]

cali's taxes and cost of living is retarded

[rare wing]

@ivory folio

782521050406977577 / @stark tundra

[thin trail]

Spam? @rare wing ?

oh i see, yup

thx @rare wing 🤍

[rare wing]

ooh next time i'll ping you @thin trail

in hindsight, i should've blurred the invite

i was just lazy

[thin trail]

no worries, thanks for letting me know sir

[vivid orchid]

Hello, was there an update to the Lux Oscillator?

@thin trail

[thin trail]

Yep see #👀luxalgo-news @vivid orchid

[junior stream]

hey guys I would ask, someone use the indicator in m15 chart, im using it with the predeterminate settings but i would know if someone do it in m15 with another settings, thanks

[vivid orchid]

I personally use 12 sens, 20 agility

[junior stream]

in m15?

[raven shadow]

hi

[past thunder]

recomendation for gold broker?

[primal sand]

bitcoin: fake currency or a path to the future?

[empty solar]

Now that is a question hahah

[thin trail]

digital gold

[modern epoch]

gold broker? lol are you piling it in your shed? its not 1920anymore its 2020 so use forex or use bitcoin,.

what you going to do with gold bricks when shit hit the fan? wheel barrow it to where?

[glacial orchid]

whats up guys and girls. im trying to set up my lux algo for long term trading cause im a swing trader. whats the best settings for it?

[thin trail]

!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

[small raven]

Any one else struggling using the LUX algo? It’s frustrating because I switch between time frames a lot, and it just feel so delayed no matter how I adjust the settings

[short kayak]

@small raven increase the signals and use another indicator to zone out false signals ✅

[vivid orchid]

@thin trail ok great lol I was just like confused

[small raven]

@short kayak thanks , any recommendations??

[acoustic lion]

oil is taking the fuck off right now in case any one is missing that

[junior stream]

hi, the lux oscillator premium in legacy mode repaint?

[empty solar]

@junior stream No - nothing we make repaints

[past egret]

check #696781587223937025 for insight

[warped nova]

What is the next feature coming Lux team?

[empty solar]

@warped nova We are working on a few things 🙂

[vagrant meadow]

@shut pelican not sure how what works?

[shut pelican]

Risking $1K just to get $200 back. I don’t mean in this in a bad way but isn’t that bad returns?

It’s just I don’t understand sorry.

It’s like a 0.4RR isn’t it

[vagrant meadow]

Well. Depends on how you look at it. The likelihood of my $1100 going to $0 or even $500 is extremely unlikely. It would require a catalyst so extreme that the entire market would have to erupt. With that said- my purpose on trading is to beat the banks. I made 18% in 4 minutes. You can’t go to a bank anywhere that’ll give you that. I’ve got a unique strategy that gives me some solid signs of a reversal.

So no. I disagree. I think returning $200 on $1000 is fantastic. I worked for 4 minutes.

If I did this everyday I’d still make $1000/wk $52k/yr.

I actually got filled at a better price. 36¢ x 10 contracts I actually made $360 off this

[warped nova]

I "risk" $300,000 to gain $1,000 all the time

the chances of spy going to zero while I"m scalping is highly unlikely

there is a difference between leveraging and risk

[naive blade]

20% return for a few minutes work is amazing

i risk hundreds of thousands with my business every month and maybe see 30% return plus there is a ton of bullshit involved with it and i dont see that money for 3-4 months due to contract payout terms

all depends what you trade though too

[silk escarp]

Does lux freeze up on anyone else’s phone? Starts to disappear and reappear until I close trading view and reopen. Then it works fine for a few mins then starts doing it again

[slow fern]

Haha

[high tree]

hello . im newbies i just want to knew if their is an indicator for putting the SL and TP thnks

[finite vortex]

Hey guys someone know a good platform or broker where I can trade crypto please thx 🙏

[silk escarp]

Anyone have any suggestions for people in US wanting to trade crypto? Binance US sucks and regular binance is going to basically be booting US accounts

[silk escarp]

Binance if you’re not in the US

[finite vortex]

Thx @silk escarp fortunately I can afford both so better look for US also .. (apparently binance have a low security)

If you using tell me what you think

[silk escarp]

I’ve been using binance no problem but they recently announced they’re going to be trying to remove anyone in US so not worth the risk

[leaden axle]

https://www.tradingview.com/x/Y1o5xQzd/

The algo keep saying sell, but Nexo.io doesn't want to go down...

The confirmation still says buy. Pretty amazing.

[thin trail]

Yea that's an incredibly strong trend, parabolic I would say, so the Contrarians will naturally not be performing well in those conditions

[umbral halo]

How does Lux pick stock alert? I have friend that using other similar service and we were just comparing what was alerted last few days. Seems like my friend had a lot more alert every day. I was thinking that Lux only send very good potential alert? But my friend said she play their alert often and she has many positive trade from alert. I couldn’t compare because I only took 2-3 trade from alert. So I’m very interesting to hear how lux pick stock alert everyday!!

I use Lux alert that I set it up on TV ( mostly 2H ) and those are working great for me, so to be honest I wasn’t really pay attention about stock alert page until my friend asked me about it.

[empty solar]

@umbral halo All it is are normal alerts set for those assets

Just as if you were to add Lux to the chart and set and alert

Also of course we just added the #📊pattern-detection which are also just Daily charts

[vernal jolt]

Good morning, I was wondering if it was possible to convert your study for lux indicators to a strategy one as well so I could optimise your placement of your indicators to maximise profit factor.

I do understand that your intension is not have customers just work from pure indicators hence use ocilator ect. to give good entry points

but I dont think it would hurt to have it.

Your use of 12,26 for example will have been reached using this, however on different time frames that setting is not always the answer hence use of strategy tester would optimise this

[rare wing]

you are supposed to edit the algorithm yourself and make it work for you

if that is what you’re asking

you can go to the settings of lux algo and edit this

[jagged venture]

@finite vortex You can trade crypto on the forex market with Hugosway broker

[thin trail]

Hey @marble grove - if it was a mistake you need to email [e-mail] - we’ll fix it right away

All support please keep in #🤝support & for orders needs to go to the email @marble grove

[marble grove]

I emailed

[analog onyx]

We wont make a strategy version out of it 100%, the indicators are mostly toolbox, and should be used complementary with other peoples strategies. As for a setting optimizer idk ^^

[indigo pulsar]

Does anyone use the algo for option trading? What is ur luck with it?

[vernal jolt]

the idea is that indeed we wont. but we have an idea as where somewhat the optimal approach is

[vernal jolt]

if we have a profit factor commentary, it will be of benefit as most of the new traders ask "what settings are you using on lux" to me.

[analog onyx]

such thing would likely introduce bias, and would be detrimental to most users. Settings must be selected depending on the variations one want to trsde, with a good post abt it on the tradingview account 🙂

[vernal jolt]

I think a weekly commentary on a 1d chart or 4hr you will be able on any giving paring say what a profit would be. Granted it can be below 1.0 hence why you must insist usues use ocilator and other tools. Also You will nedd to tell users on UK charts they have 2 hours to trade and US charts to stay way from news

I understand why you cannot share your profit factor due to every user using your indicator differently

I however could profut

profit

remember i ask because everyone of your new guys are asking what settings to use

the answer is indeed in your backtesting strategy testing.

as long as they use all your indicators and practice their own style.

[lofty knot]

well, lux just paid for itself helping to confirm my single contract MES short off the open 🙂 Now I just gotta start doing that once a day or so with ES ...thanks Lux!

[sturdy plinth]

So as long as the oscillator red as well as signal and candles red that a sell and I can ride for a while??

[sharp crest]

those in crypto

https://coinbase.com/earn/band-protocol/invite/vg5n9m2c

[sturdy plinth]

Any feedback would be appreciated like all time frames its red so I know its a sell just trying know where to set a to and sl im still new

[analog onyx]

if you are new make sure to read our documentation page, we have a page discussing about money management https://docs.luxalgo.com/trading-best-practices/money-management#stop-loss, hope this helps 🙂

[livid plover]

can you use Lux Algo On MT4

[sturdy plinth]

Thanks @analog onyx. Another question the confirmation and contrarian is different can you explain that for me please

[empty solar]

@arctic dome Keep messages in here plz 🙂

@sturdy plinth Confirmation are for trending markets

contrarian for ranging

[sturdy plinth]

Thanks

[sour sky]

hello

[empty solar]

hi

[terse hatch]

What is the best setting for lux guys? I heard malfx’s setting is the best but i couldnt find the video

[true jasper]

There are no 'best settings'

what's your trading style?

What instrument do you trade?

What timeframe do you like?

the best settings are what you find for yourself

I have currently 96 different settings

depending on what I'm looking to do

[terse hatch]

Im a beginner so i was wondering what works best for others

[true jasper]

oh! Cool! Welcome!

Default settings are good -

[terse hatch]

Thanks😊

[true jasper]

then what I do, is bring down the sensitivity

until there's too much noise

then, start bringing down the agility.

I did this vid: https://youtu.be/QhO0Bqu6oAg

[terse hatch]

Sounds interesting! Looks like i have seen your videos on youtube as well

I will watch this video again!

[true jasper]

cool.. yeah this community is awesome

and I've been through a LOT of trading communities

I can assure you, this one is the best

I think it's because by using lux, you actually get a better understanding of market movements

I don't even think the developers had any idea to what degree people are making discoveries

[terse hatch]

Wow!! Just what i was looking for. I just started using lux and made some trades by catching up the signals. I made some profit but i didnt close some trades on time

[true jasper]

ooo.. yeah.. exit strategy has to be solid

[terse hatch]

Exactly! Entering a trade is sometimes easier than exiting

[true jasper]

have you seen my exit strategy? It hardly changes

some advanced trades I do are a little more complicated

but 99% of the time, I take two trades

[terse hatch]

Im glad you have so much on your youtube channel. I will look into them all

[long prism]

anyone know how to filter alters based on higher time frame?

[sturdy lion]

Does anyone knows setting for Lux oscillator on V3?

@short kayak Do you have a video for Lux oscillator setting on V3? I only look on the older version. V3 has addittionals parameters that idont know how to work on them

[empty solar]

Just select Legacy mode

Then it's the same

[sturdy lion]

Thanks @empty solar

[sleek hedge]

What happened to the buy/sell section?

Got it thanks

[soft bramble]

What is the formula yall use to find your position for the indices and commodities

[vernal jolt]

hello, I have watched quite a few of your videos and must say I have learned and borrowed a lot! Thankyou for spreading your knowledge. I have a bit of a different style but I do pay attention to your methods which are very logical. I come from the automation way of thinking. This Does not allow me to apply your exit approach always but given time and decent margin management, I make good profit even as a 10 pip grabber.

[vernal jolt]

regarding strong versus standard by or sell, I have a theory you could be using RSI GT 70 crossing down and LT 30 Crossing up to cause a strong vs. non

also i would propose that their meaning is less important with less volume

[past egret]

hey peeps.. im struggeling with trading view and its anoying.. everytime I close browser window and reopen next day I have to do all the settings again... not only that it also doesnt keep the same pair or stock chosen in the window.. Its pretty annoying to do the setup everyday for many instruments.. Any idea or personal experience how to minimize daily tradingview setup?

[empty solar]

@past egret tradingview now have a desktop client that may help

[novel flame]

someone made an btc scalp setup? 😄 i have 43, 46 on 1 min candles

[empty solar]

https://www.tradingview.com/blog/en/tradingview-desktop-beta-is-out-now-21962/

[gaunt yarrow]

Its nothing else than a modified chrome browser...

[empty solar]

They say "TradingView Desktop is even faster than your default browser". I assume that's because it's just basically a web browser but all the non-needed things taken out so it's more memory efficient

[rare wing]

@empty solar

738961847222272140 / @fathom thorn

[empty solar]

@rare wing Thank you 🙂

He's gone

[past egret]

yep.. the same sht...

[warped nova]

@empty solar you folks ever consider developing an auto trading program with Lux?

[analog onyx]

not atm

[warped nova]

thanks

[fleet stream]

But whould be awesome 👏

[high wing]

Thats why I now have lux algo 🙂

[hidden moss]

Looks like a new version just got released.

[analog onyx]

indeed :3

[sterile ginkgo]

anyone who trades options care to share a bit of your strategy with lux? not asking for your settings or to even replicate your strategy. just wondering how you use lux to filter out option plays. thx in advance 🙂 or have a discussion of best practices?

[elder grail]

I trade options and would love to hear inputs on this as well.

[steel pecan]

I also trade options but my success rates is a meer 50% , I’m basically gambling

[past egret]

@vernal jolt hi Martin.. what timeframe do u trade?

[empty solar]

@steel pecan a 50% win rate should be plenty to profit

What r:r are you using

50% is plenty

[vagrant meadow]

I’m 90% options & 10% futures. I have a pretty high win rate. Biggest issues with options traders are they either trade stocks with too big of spreads OR they trade stocks that don’t move. You NEED volatility to trade options because you’re up against the clock.

You may know this, but in order to calculate your retained percentage you divide the bid by the ask price. So, I’ll use this example that I just pulled up.

TSLA $640C 12/24 exp. bid 9.85, ask 10.15

985/1015 = .97

Meaning you have 97% retained. VERY little premium to get in. You lose your premium right out of the gate, the smaller that number is, the quicker you get into profit

You’ll see some stocks like $GOOG, $AZO, & $BKNG with garbage spreads and you need a heck of a move to get to breakeven and an even bigger move to get any decent return

Trade stocks that move. Beta of 1.00+, volume of at least 1m

[past egret]

nice elaborate.. didnt you guy think to make video chat with premium member where you share experience or knowledge with other traders here?

[sterile ginkgo]

@vagrant meadow thank you for that elaborate answer!

[vagrant meadow]

I’ve never made any videos. I know Lux admin have & a couple other traders.

[past egret]

yep.. i have seen @short kayak and @true jasper videos already, but a realtime video chat is more in to sharing thoughts about lux setup as more people have more ideas and if we put them in to gehter we can learn from each other and that will help everyone in profitable trades.

[sterile ginkgo]

@vagrant meadow you trade weeklys or stay 30-45 days out?

[true jasper]

Yeah - unless the streamer scalps 😜

And yes. Marry strategies together as much as you can

[vagrant meadow]

Always closest expiration, yes.

[rancid shell]

What’s everyone got their eye on!

[clear hound]

Acst

[dull fiber]

Went for GBP/AUD long - so far so good. Just cashed out on my GBP/USD.

[sturdy radish]

I can't view or access the scanners, anybody knows how ?

[dull fiber]

You've added them to your 'Favourites', right? Either that or you need to go into you, 'Invite Only' listings.

[sturdy radish]

Ok let me try , thanks

[dull fiber]

No problem.

[warped nova]

@analog onyx Hey Alex. What do you like to use to measure momentum? Besides volume

@vagrant meadow are you using any of Lux's stuff to measure momentum?

[umbral halo]

WTF? SPCE stock alert 2H buy? More like 2H strong Sell😩

[analog onyx]

TRIX and the center of gravity oscillator (COG), the COG is related to the linear regression, if its positive it means a linear regression using the same amount of data is sloping upward.

[vagrant meadow]

@warped nova lux oscillator & MACD

[naive blade]

thats one major downside to the megacaps too, alot of time they lack volatility and they just end up grinding up slowly, SPY is great but some days it can be rough to trade

you need some good range too

i think thats something a lot of newer traders dont setup, finding the ranges

sometimes the range on mega cap is like $1, it can be tough to make $$ with options on the tiny range moves

[warped nova]

@analog onyx can I have any insights on to what/why a new predictive range is created intraday?

[vocal flume]

I understand it depends on the trade and on what your strategy is, but does anyone really use the 2hr or 4hr charts?

[thin trail]

Yep for sure @vocal flume - those are commonly used mid-high timeframes

[gaunt yarrow]

What leverage do you use when trading currency pairs or gold?

[novel flame]

i want to thank you guys for the awsome algo 😄

https://images-ext-1.discordapp.net/external/DayYs4ydy2gwouFdxLBuoq2evcftmUtu8UVtbttznZY/%3Fwidth%3D1174%26height%3D676/https/images-ext-1.discordapp.net/external/0BlbPkOoOZREbd6vxeYpugG1ayTj2kUSjZfj7lsZE24/https/www.tradingview.com/x/UJpS0nhQ/

almost perfect setup for btc scalping 👀

[hardy field]

We have takeoff 🚀

[mortal lark]

Niiiice man

[vale dragon]

Just signed up an hour ago and already went to bed and just got added. That's just cruel 🤓.

However I shall resist getting back up to check everything out. I hope this as nixe as it looks, it looks like a lot of advanced features I've never seen before. 👍 🎅

Any Bybit users?

[vale dragon]

Ok so I cheated and looked at my phone.

Holy crap! I haven't changed anything. Just skimmed thru different time frames. This looks like it may be fun. 🤓👍🎅🤶🧑‍🎄🤟

[thin trail]

🔥 😎 haha couldn't resist a sneak peek