💬hangout

[worthy ingot]

oh okay maybe thats why must have spelled it wrong

and when i click the "!" it says study error

[empty solar]

Yep support are changing it over now 🙂

It's all done

Log out then in 🙂

And it'll appear

[worthy ingot]

GOT IT!

popped out now

[empty solar]

Perfect 🙂

[worthy ingot]

thank you very ,much

[empty solar]

pleasure, welcome 🙂

[worthy ingot]

thank you

[ebon wind]

Hey I have a quick question. Is there any way we can get a bot to ping bull or bear markets on the 1 minute Candles.

[jovial fiber]

is there any way to make the optibot settings preset for each currency or stock, so I don't gotta manually change it everytime I switch or see a different time frame?

[severe glen]

Anyone wanna to trade together zoom call

[lapis kestrel]

Hello everyone

[empty solar]

Sadly not currently possible within TradingView to import settings

[fierce vortex]

Good morning everyone! Has anyone figured out good settings for the 3 minute chat in forex

[analog onyx]

3 min is a really really low timeframe, I would not trade it tbh. Because of the exposition to spread you will have, I would only recommend relatively high settings to catch long term movements.

[fierce vortex]

Oh ok. Im new and i have been trying to trade the 15 min chart and i have only made 20 cents in 24 hours😅

Im just trying to get the hang of this

[hidden pier]

Try the 1h or 2h

[fierce vortex]

Ok cool are there setting for the 1 or 2 hours

[empty solar]

Yep in optibot channels :)

[fierce vortex]

Sweet ty!

[last leaf]

I just bought the indicator , sadly the indicator repaints , I have watched 3 sell signals appear and disappear within seconds

[analog onyx]

signals occurring at the last candle can appear and disappear since the closing price of the last candle can change

A signal is confirmed at the opening of a new bar, pls see the documentation @last leaf https://docs.luxalgo.com

[empty solar]

^ By this logic you could also say moving averages repaint since their value will change during the current bar

Or RSI

or MACD

Essentially every indicator will change value during current bars

[last leaf]

Thank you

[last leaf]

So basically it is better to open a trade on the second candle after the candle where the signal appeared closes ???

[empty solar]

A signal is confirmed on candle close so when the candle closes it's a valid signal

e.g. the close of the current candle / open of the next candle

As Alex attached our documentation covers all our tools and how to use them ^ 🙂

[last leaf]

Alright , thank you

[broken coral]

Welp. When you short gold. It tags your SL and then drops over 100 pips 😑

[valid geode]

@broken coral that bastard Murphy

[woeful cedar]

what currency pairs do yall trade

[broken coral]

Anything GBP/USD/EUR. I then compare the index’s to my predictions. If the align were good

[woeful cedar]

Gotcha. i am trading GBP/USD right now but it just takes forever watching this 15 minute chart

do you use lux algo's signals as well to confirm trades?

[broken coral]

I tried lower timeframes, I prefer getting in and out of the markets quickly but the 15 min just worked well. And at the moment I have two strategy’s, I wanna change it to one. My first strategy uses the signals, an oscillator and the PPSignal. The second is pure price action.

[woeful cedar]

The signals dont come up often on the 15 min chart which is what I trade off of

I am trying to start a series where I only trade based off the signals, so that I can prove its profitable, then have people use my referal

[empty solar]

@woeful cedar You can't trade based off only signals which we state in the docs

It won't end well especially on a lower timeframe such as 15m

They are named confirmation signals since they are there to confirm a trade

To create a profitable strategy you'll have to combine indicators specifically for each timeframe and asset:

as a random example:
GBPUSD 15m
If Lux volatility >30 % and Lux Oscillator with length 50 is < value and in mid section of predictive range take trade

The Lux signals are not built into a strategy, we haven't added Take Profits to them, Stop losses to them, risk management into the trades etc. They are there to simply confirm a trade

[broken coral]

^ I have checklist/criteria a setup must have in order for me to place a trade.

[empty solar]

^ This is the perfect way to go and where people tend to find best usecases 🙂

[woeful cedar]

ya I am just relatively new to forex so I havent developed a set strategy yet

[broken coral]

I keep looking at gold.... If it didnt clip that SL would have been up 160 pips :(. We live and we learn.

[empty solar]

Classic gold 💔

[broken coral]

@woeful cedar If you are struggling to find a strategy, have a look at MalFX on youtube, try and adapt his to a style that suits you.

Gold is a love hate relationship xD

[woeful cedar]

aux/usd??

[broken coral]

XAU/USD 🙂

[woeful cedar]

thanks woozy ill peep it

yes my bad mixed the letters

[broken coral]

No worries.

[woeful cedar]

what platform do you trade with woozy?

[broken coral]

I use MT4, then obviously tradingview for analysis.

[woeful cedar]

what lot sizes?

[broken coral]

I use small lot sizes. It varies on your account and risk management.

Also, what do people think of DXY? Im not sure what it wants to do.

https://www.tradingview.com/x/0hUApnRp/

[woeful cedar]

how do i add the XAU/USD chart to MT4? I cant find it

[broken coral]

Will come under gold.

Or at least mine does.

[woeful cedar]

this is all im seeing

[broken coral]

Go to view

Click market watch

[woeful cedar]

still not there. and on demo it let me add currencies but here it wont

[broken coral]

Perhaps you are unable to trade gold.

Might be your broker.

[hidden pier]

It's not the broker I use kot4x aswell but I can trade it

[elfin thorn]

I have a question! So, as per the optibot , do we need to set up templates in TV for each symbols separately with the respective timeframe to get optimum results?

or is there any way to save settings for each symbols ?

[analog onyx]

unfortunately not 😦 You can only use multicharts layout/ or use various layourts, or note the settings.

[hidden moss]

You can enter your email on our website to manage your account here: https://luxalgo.com/tools/recurring/get-subscription-access

Or email [e-mail] and our team will assist you with any request the same day.

[soft bramble]

https://vm.tiktok.com/ZMeRwwB5k/

Just saw this lol

[valid geode]

TV question...can you make trades from the mobile app or pc only?

[analog onyx]

I could be wrong, but it seems you can only do it from the desktop version. Either way I would strongly recommend doing it from the desktop version, it would be easier to monitor open positions.

[upper dock]

@empty solar Dashboard..there used to be a button for placement. is that gone?

[empty solar]

It was removed for now

To make way for volume profile

[long kettle]

HCMC?

[long kettle]

PPJE

[upper dock]

thanks

[fast rune]

Question for the group are there any good video resources to watch to really understand the right way to use this LUX Algo?

[spiral venture]

https://luxalgo.com/apps/help-center

[empty solar]

!docs

[hidden moss]

Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com

[pearl blade]

hi

[old plank]

https://twitter.com/firstsquawk/status/1360449199897206787?s=21
Does anyone know what kind of equity is being tested? The dollar? How would they do that?

First Squawk (@FirstSquawk)

FED TO TEST BANKS ABILITY TO WITHSTAND 55% FALL IN EQUITY PRICES: FT

Likes

230

Twitter · Feb 13, 2021, 4:42 AM

[unborn vessel]

anyone longed btc

[hidden moss]

yup

lucky i didnt set a tp

lol

[unborn vessel]

tats awesome,, i got out at 49.4k.. do u think it will dump now

[hidden moss]

its gonna retrace

i have another entry

im waiting for it to hit

bitcoin gonna go to 50k

lol

u shouldve held

[unborn vessel]

no i just do day trade, entered at 48k

[hidden moss]

oh

i see

[unborn vessel]

since lux algo showing sell ,, im confused to short or not

oh really mm

[hidden moss]

smart money concept

like ict and stuff

[opaque anchor]

any1 thinking eur/usd gonna reverse into bearish market?

[river blade]

What’s the best SR significance for h1??

Also what do the colours indicate on predicted range

[empty solar]

Best is subjective - depends on how you trade, yellow is midline, blue is supports and red are resistances

[river blade]

Thank you what does the oscillator sentiment mean??

[empty solar]

The % of the oscillator types trending in a given direction 🙂

[balmy belfry]

Is there any videos explaing the scrips in depth?

[empty solar]

!overview

[hidden moss]

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

[empty solar]

https://www.youtube.com/channel/UC-luaBAGSqZ---25Wifnnhg

[balmy belfry]

Thanks gecko

[unborn vessel]

ss

[hidden moss]

@ionic knoll sent pm

[blissful lance]

@empty solar hey brother

For the update that you just rolled out?

Is it going to update the script autmatically?

Im on my phone

How do i set it up?

Would appreciate some help, please and thank you

[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 v3.2 at the bottom right of your dashboard.

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

[thin trail]

should see v3.3 in top left**

[left jackal]

i did that and its still the same

[analog onyx]

remove the indicator, save the layout, try logging out and logging, and add the indicator on the chart.

[left jackal]

still 3.2.1

i mean it still works the same way right ?

oh it works 3.3 now i just had to go on invite only scripts

does setting up alerts with lux algo not work on a free tradingview account ?

[unborn vessel]

i think it works

[left jackal]

yeah i guess ill see once market opens

[analog onyx]

it does, for the update we only added a new all in one alert systems that will benefits free users, signals are the same.

[left jackal]

yeah i like that

does it alert everything in my watchlist or

[hidden moss]

how does the signals get created

stong buy/sell signal;s

what is taken in considiration

[hidden pier]

Mine still says v3.2.1

[left jackal]

@hidden pier go to invite only scripts thats how i got mine to 3.3

[hidden pier]

Tried refreshing and cleaning my charts redid it all still says v3.2

Nvm I got it some reason it loaded both 3.2 and 3.1

Thank you

[left jackal]

the predictive ranges on this is insane

[empty solar]

Those are my fave feature 😉 They are really really nice

[past hill]

my wallet loves lux algo it's making her very fat!

[thin trail]

amazing

🤍

[patent tide]

that alerts update is a game changer thanks lux team

[jolly flax]

HAAHAHAHAHHA HDN THIS IS SO FUNNY HAHAHAHA

[empty solar]

Pleasure 😄

Enjoy!

[junior dawn]

@jolly flax 😄

[past hill]

thank you @jolly flax i really like your profile picture do you mind if i take it and share it with some friends they would find it very funny!

[jolly flax]

I made meme 🙂

[ruby pelican]

@empty solar Whats the difference between lux 3.3 and lux algo premium? Ive noticed i have both and they have different dashboards

[junior dawn]

@jolly flax Very cool meme! Thank you!

[empty solar]

@ruby pelican It's just an updated version with added alert system and you can move the dashboard

[ruby pelican]

@empty solar what is the most up to date version?

[empty solar]

That'll be v3.3 🙂

[earnest citrus]

am i not allowed to post here

[empty solar]

@earnest citrus Yeah that's not allowed I'm afraid 😦

[junior dawn]

you can post here just not about that 🙂

[earnest citrus]

im not allowed to ask for help with crypto?

[empty solar]

You are we just cracked down on this since other users may take advantage

You can ask for help

Just not explicitly asking for "call outs"

[unique veldt]

i need help with settings in LUx for the sensitivity

[empty solar]

Optibot can help 🙂

In the channels

[unique veldt]

ohhh ok thanks

[jolly flax]

dinner time bye everyone 🙂

[spiral venture]

Still waiting for my first trade with lux confirmation 😎 Im trading only GBPJPY and USDCAD so far.

[empty solar]

Have a nice dinner 🙂

[river burrow]

Can you please ask support to take the payment out

[empty solar]

@river burrow Did you email [e-mail] about this?

[river burrow]

Yes, last night and again today. They still havent taken the payment for this month

[empty solar]

@river burrow Support says your account is not active - if you want to reactivate:

!buy

[hidden moss]

To purchase: https://luxalgo.com/products/lux-algo

[empty solar]

If you purchase again it'll re-activate 🙂

[river burrow]

ok, thanks

[frigid nest]

If your subscription gets accidentally reactivated on top of your new purchase, just send us an e-mail and we'll refund one of the subscriptions!

[frigid nest]

Hi there, your access has been sorted!

[river burrow]

What do you mean...sorted

[frigid nest]

You should now have access to premium scripts

On TradingView

[river burrow]

Ok, thanks

[frigid nest]

You are most welcome 🙂

[jolly flax]

thank you ethanw

[left jackal]

what does this mean

25 % that its gonna go up ?

and mostly down longer term ?

[empty solar]

25% of them are up trending

in the matrix

[left jackal]

of what

[empty solar]

The lengths of WMAS

so 25% of those lengths are uptrending

[left jackal]

is that moving averages ?

[empty solar]

It's WMA

[left jackal]

oh so it means most likely it will go down based on that ?

[empty solar]

Since you're on WMA mode

It just means X% are trending in a direction

It's like if i told you the 5,10 and 20 moving average were trending upwards

however the 50,100 and 200 were trending down

[left jackal]

ok

what mode do u use for that

[empty solar]

That's really down to preference 🙂 I personally like linReg

That's quite unique

[left jackal]

alright im gonna use linReg too

looks good

that info is nice to have

[royal moss]

What’s linreg mean?

[analog onyx]

it means "Linear Regression" 🙂

[hybrid saffron]

any setup for scalping ethereum?

[balmy dock]

BIOL 🚀🚀🚀

[dull sleet]

Hey what’s the recommended liquidity and volatility@for 5m scaling

[left jackal]

TSLA

good put

[analog onyx]

what do you mean by recommended liquidity/volatility?

[worldly hill]

Do the live scanners use 12/26 settings, or do they use the latest OptiBot settings for the timeframe that they use?

[analog onyx]

scanners use the default settings 🙂, so yes 12/26

[worldly hill]

Thanks. Have you thought about using the OptiBot settings in the scanners?

[analog onyx]

I think the suggestion was raised by many users, thing is that the alerts in the scanners comes from tradingview and not from another data source, as such we would need to update the tradingview alerts for every optibot run, which is not doable atm considering that these will become more frequent. If the opportunity come in the future we will sure do it 🙂

[worldly hill]

Thanks. I have the basic TradingView plan at $15/month, and every time you update the Optibots, I am going through that manually on 9 forex assets + gold. I'll just stay with this procedure for now.

[wispy skiff]

Hi, the new Alert() in set alarm function in ver 3.3.0, it's alerting "Strong Buy" signal for "Strong Sell" on the chart. It seems "Strong" alerts are oppsite. The normal and contarian Buy/Sell seem to be OK.

[spiral venture]

on which timeframe did you setup your alarm

[empty solar]

@wispy skiff Good spot - it's just the text - will get that fixed

[spiral venture]

+50$ for bug finds XD

[wispy skiff]

I've used 1hr timeframe

[empty solar]

Yeah we see it in the code

[wispy skiff]

But there is one case with correct signal also

[empty solar]

It's just the text of course

[empty solar]

Yep it's just the text for this condition

Will correct 🙂

[wispy skiff]

Cool thanks Gecko👍

[empty solar]

@wispy skiff What's your TradingView username?

[wispy skiff]

It's same, dani3lk

[empty solar]

Myself + Alex gave you some coins 🙂

[warped nova]

Can someone pass a poor beggar some coins as well?

[ripe pine]

can anyone help me understand how this was placed in my account? iw as closed out of all positions since open today. i logged in after the market closed and see im short 300 shares and i have 3 expires calls in the money,

[fresh torrent]

Guys I'm still confused. What's the difference & when should we use confirmation & contrarion signals?

[fresh torrent]

Anyone therE?

[final verge]

Confirmation on trending and contrarion on ranging market

[fresh torrent]

thanks bud

[lapis kestrel]

Hi everyone. Is there anyone trading TSLA on the 1 Min chart?

Would love to share settings

[hidden moss]

VIP baby lets go

[smoky plover]

Woohoo! Now I don't have access to our original chat room. Haha.

[hidden moss]

haha i thought I got banned from the server

[smoky plover]

No kidding! Tit for Tat!!

[empty solar]

Welcome 😄

You both should see all the channels you need on the left

You can opt into scanners: #🔔scanners-premium here

[hidden moss]

Thank you !

[orchid wind]

Are there any TP or SL Indicators?

[analog onyx]

you can use the predictive ranges or reversal zones to set your take profits 🙂

[orchid wind]

👍🏾

[severe glen]

How do I get the donchian zigzag script

[analog onyx]

here https://www.tradingview.com/script/Nj6CMJkP-Donchian-Zig-Zag/, then you can add it to your favorites. You can also search it directly from the indicator search bar on your chart.

[severe glen]

Thanks

[severe glen]

In a short buy eurhkd witha sell limit round 9.348 area

[empty solar]

@hidden moss Our email is [e-mail]

Try to keep order discussions private / in support channels

[hidden moss]

I there I could talk to someone

[empty solar]

Sure - I sent a friend request 🙂

[foggy topaz]

I haven't been very successful yet, but each failure is one step closer to success lol

I'm using
lux algo
2 moving avgs. One set to 13 the other 34
lux oscillator

What are some of your guys favorite indicators?

[analog onyx]

the predictive ranges is a very versatile and extremely good tool that I commonly use, I also use the cycle oscillator of the lux oscillator a lot, it produces very unique divergences. The reversal zones are also quite good and I sometimes use them 🙂

[valid basalt]

Anyone tell me how to make the candles un squished plz ?haha

[zinc temple]

Right click reset chart

[valid basalt]

Thanks been trying for a hour 🤣

[gusty scroll]

Hi team, if you add the 5 and 13 ema to your charts, it will help with knowing when to exit trends

https://www.tradingview.com/x/T4gAigTl/

Crossing back and forth marks beginning and end of shorter term trends, hence also helping to filter entry and exits

[spiral venture]

whats ema?

[gusty scroll]

exponential moving average

[gilded sleet]

hey is anyone invested in INRG here?

[opaque cape]

Hey all is the NYSE 🐻? 🐂?

I'm seeing most the bot signals is on sell

[pearl blade]

@empty solar Could you explain (i have not found any info on the web) what is the difference between the Lux Algo signals vs MACD ?

[empty solar]

a MACD is 2 moving averages crossing over

The signals have nothing to do with any form of moving averages

[pearl blade]

ok, it is just that if I put the default of LuxAlgo with 12, 26, it gives me signals just almost with crosses of MACD

Let me show an example

[empty solar]

Yep this is called overfitting

Naturally a good cross and good signal will line up with a good signal

Since this is a natural behaviour

[pearl blade]

Ok

Don't get me wrong. I am seeing great signals that confirms my trades specially for scalping 10 to 20 pips. I just saw that many signals coincide with macd crosses

[empty solar]

Yep which is perfect so using them in confluence may be a nice idea 😄

[pearl blade]

I do. My confirmations are price action + lux algo + macd cross + moving averages that signal either bullish or bearish

Then I enter for 10 to 20 pips with tight SL

[empty solar]

Sounds like a nice strat 🙂

[summer vapor]

Is the indicator updated on its own in my chart whenever there’s a new version or do I have to remove it and readd it?

[analog onyx]

yep you should remove it and re-add it

[rancid moat]

Anyone out there who can help me with Capital.com on TradingView? I’m trying to place an order and every time I do on using TradingView it says: ORDER SENT... eventually I don’t see anything happening. 😕

[analog onyx]

Unfortunately I am a bit unfamiliar with trading from tradingview, there isn't anything showing up in positions?

[rancid moat]

nothing at all bro, it says order sent and after that it’s totally blank. Nothing at all.

I want to trade BTCUSD and I can’t do that using Oanda. Thought of doing that on Capital.com but their platform on TV is so unprofessional..

[hidden axle]

Whats the best time frame to use it?

Been testing the 15 min

[summer vapor]

I day trade with 5 min

Recommend it

[warped nova]

1 minute

but I'm a scalper

[lapis kestrel]

same here, im on the 1 min

neither of us have patience

[warped nova]

Many years ago, I was speaking to a couple of prop traders and they asked me what time frame I use to trade. I said 5 minute and they started to laugh. Not sure why

[gusty scroll]

I trade the 15m, and also use the 5 minute for Binary Options and CFD account

[hidden moss]

How is it? Good profits?

[dull sleet]

What does purple bars mean?

[empty solar]

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

You can see a full list of all candle color modes and meanings here 🙂

[warped nova]

@empty solar have I told you lately that I love you?

[empty solar]

@warped nova

[lapis kestrel]

LOL

[empty solar]

There's a first time for everything 🤝

[warped nova]

😍

[glad talon]

have you guys had good luck with the 5minutes recommended settings on cryptos?

[hidden axle]

What settings do you guys keep yours on for sensitivity and agility

[glad talon]

a red strong means sale?

sell*

[vocal isle]

That's what it's indicating, yes, but there are other factors you should consider before following the signal blindly.

Hey team,

I hope this is the right channel to ask this, but this is question for the more experienced swing traders: how many trades are you able to manage at once? Also, what percentage of your account do you usually put on a single trade?

I've really started to try and learn Swing Trading, so I'm looking for pointers from the proven pros out there.

TIA

[jolly flax]

Hope everyone is having a nice shabbas 🙏

[vocal peak]

Who else here's a crypto trader

[rotund helm]

me 😄

[analog onyx]

if you have a platform that allows for good visualisation and management of your position then you can be able to manage lot of them, I think my record was around 19/21 positions, around 60% of stocks from the semiconductor sector and the rest was niche stuff, it wasnt a very good diversification. The size of a position should be determined in accordance with your risk exposure, and will often be a percentage of your capital, some peoples who diversify size their position based on the correlation between the assets in their portfolios, but thats advanced and not necessarily good.

[vocal isle]

This is great info. Thanks! I saw a video saying that you should never put more than 40% of your account in a single trade and I thought... who would ever do that anyways? lol

But I just wanted to check and see if there was more of a rule of thumb about it from other Swing Traders.

[analog onyx]

some rules of thumb are generally, dont risk more than 2% of you capital in one trade, diversify using 60% of active income assets (stocks, forex, crypto...etc) and 40% of passive income ones (bonds...), but yeah, there isnt rule of thumbs, everything is based on intital capital, strategy rules, market you trade...etc.

[vocal isle]

Understood. Last question, have you found a favorite chart time to Swing Trade? I've heard I should definitely stay away from the 1M chart, as well as the 5 min, but some people trade on the 15 min, as well as on the 1H and 4H charts.

[analog onyx]

I generally use 15 because I am generally interested by long term variations on a chart, but I would advise using longer term tf, 1h is fine 🙂

[vocal isle]

All right. This is some great info. I really appreciate it.

[hidden moss]

If you are swing trading, then generally you should be sticking to 1H-8H candles, lower than that and I would consider that scalping

[warped nova]

@empty solar what's your favorite charity?

I'm going to donate some cash in Lux's name

[empty solar]

@warped nova I've never been asked this before

But hmmm Cancer Research is always appreciated of course 🙂

And thank you of course if you decide to do that 🙂

[warped nova]

if you want you can DM me your hometown and I"ll donate something locally or I can just do something nationally

Utilizing Lux is making me good money so want to give back in some way

by the way, I don't use the signals anymore but I am a scalper so the predictive ranges work better for my style

[empty solar]

Really do appreciate this 🙂 I think all the money ends up in the same place at the end and all goes to research, I'm from London but I think anywhere is nice 🙂

Yeah that's totally cool, I know you like these 😉

[warped nova]

it's the only thing on my charts, that and occassionaly traditional pivots

[empty solar]

They are also my fave feature 😉 Glad they can make you money and in the process charity 😄

[warped nova]

and I do love the predictive ranges, keep trying to get the source code out of you guys 🙂

I just want to program a bot that's all

[empty solar]

Yeahhh I understand, hopefully though soon tradingview allow users more flexibility in using data in scripts

But maybe one day source code 😉

[rotund helm]

Did anyone saw that TradingView & Binance they don't line up with the real price? or it's just me? 🙂

[empty solar]

@rotund helm They should definitely line up - just ensure when you select binance when selecting the asset

e.g.

[rotund helm]

Oh Gosh - I guess I learned something today

[empty solar]

haha that's good though 😉 Yep TV has alllll the exchanges

[rotund helm]

hehe 😄 Yeah, I didn't even realise that there is a Binance to select from 😄

[hidden moss]

Yeah same goes for forex

Be careful because forex.com always comes up first

So if you are on oanda or another exchange you have to look further or filter by exchange

[ruby thorn]

Hi, do you guys have code for the strategy tester in TV?

[empty solar]

We do not since the signals aren't part of a strategy

[ruby thorn]

ok. thanks.

[valid basalt]

Anyone got a good tading app thats got stocks and crypto in the uk please ?

Currently on trading 212 but its not good and stopped crypto

[hidden moss]

Can somebody explain to me the agility please?

[empty solar]

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

This walks through it 🙂

[hidden moss]

Thanks 🙂

[vocal isle]

Anybody in or thinking about JUMIA (JMIA). Chart is looking good. They're calling it the "Amazon of Africa"

[vale dragon]

Can someone share good settings for BTC/USD and ETH/USD? Sometimes those go from tranding to ranging and back, although it seems it trends more on weekdays and ranges on weekends. However, I trade Bybit and usually don't trade it on weekends because its too sideways.

Thanks
🖖

[valid basalt]

Any good uk trading platforms plz? want to set it up ready for markets tomorrow

[vast musk]

what would be some good settings for Swing Trading?

[vast musk]

nvm, figuring it out!

[empty solar]

For swing trading optibot can recommend settings 🙂

It goes up to 4h timeframes

[small pebble]

@empty solar - any chance I could ask you a Pine Script question directly, please?

[empty solar]

Sure you can DM it to me 🙂

[small pebble]

You're the best.

[primal saffron]

may be better to ask this in #🤝support ?

[hidden moss]

Yeah, probably, sorry about that lol

[grizzled jolt]

Can someone help me when I need to choose 5 m, 15m, and 30m time frame on the stock chart?

[analog onyx]

select a tf based on the variations you want to trade, if you want to trade longer term trends you will need to use higher tf. In general lower tf are harder to trade due to frictional costs, you would need to be more precise. 15m is a good starting point.

[grizzled jolt]

Ok thanks.

[lofty drift]

Hi guys I’m new here and i don’t have Access on TradingView

[analog onyx]

if you just became a member you might need to wait a lil bit more, if you think it has been too long make sure you sent the right tradingview username to the support team [e-mail]

[lofty drift]

ok thank you, yesterday I signed up, yes right name, I think I must wait a couple of hours more.

[analog onyx]

don't worry it shouldn't be too long 🙂 Welcome btw!

[opal agate]

Hello guys, should I always change the setting for sensitivity and agility from time to time? Or should stick to the same setting?

[teal scaffold]

Try simplefx. I use that.

[hasty shoal]

15 min

EURUSD
Sensitivity: 25
Agility: 40

GBPUSD
Sensitivity: 20
Agility: 21

USDJPY
Sensitivity: 24
Agility: 39

USDCHF
Sensitivity: 14
Agility: 25

AUDUSD
Sensitivity: 16
Agility: 26

USDCAD
Sensitivity: 24
Agility: 21

NZDUSD
Sensitivity: 22
Agility: 23

GBPCAD
Sensitivity: 40
Agility: 35

GBPJPY
Sensitivity: 33
Agility: 27

GBPCHF
Sensitivity: 26
Agility: 20

[teal scaffold]

@hasty shoal thank you. This will be very useful.

[hasty shoal]

Cheers

[valid basalt]

@teal scaffold i will give it a go thanks mate

[vernal jolt]

i have been calling this for a while

protect

https://markets.businessinsider.com/news/stocks/big-short-michael-burry-warns-stock-market-huge-risk-crashing-2021-2-1030106969

[long kettle]

What’s HCMC going to do after the lawsuit?

[ocean snow]

Lux helped

200% on BIDU

[frail barn]

Great..

[warped nova]

@analog onyx sir do you have any backtest data for predictive ranges?

I don't care about the signals

[analog onyx]

we do not provide backtest at the moment, in the future it might be possible. However I can tell from experience than the predictive ranges can be extremely good when it come to setting tp, I use them frequently during my analysis

[warped nova]

grrrrr.....

I keep trying and you guys keep being professional

[low robin]

hey guys is there any good indicators or tools you guys use for SL/TP with Lux Algo?

[warped nova]

damnit man!

predictive ranges

of course

@analog onyx do you mainly trade higher time frames?

[analog onyx]

we are sorry, it is important to understand that showing backtests is a good way to introduce bias, we want to avoid that, also backtesting must be done using complex procedures in order to be realistic, but it could be possible in the future really 🙂

[analog onyx]

I tend to sue the 15 min tf frequently, but I always check higher tf, like 1h and daily.

[analog onyx]

for tp, the predictive ranges 😉

[warped nova]

15 minute was great for a short today wasn't it

SPY

[empty solar]

Predictive ranges 💪

[warped nova]

I like the shorter time frames because I like to grab pennies in front of the steamroller

[umbral nebula]

I a big triangle forming in Gold futures no Daily time frame. What do you think would happen?

[thin trail]

looks pretty clean, a breakdown and retest of that lower level as resistance would be quite bearish

although patterns get deviated a lot, which is why i don’t really trade them much

e.g. a breakdown, and then price comes back up and reclaims the level and goes much higher

have to wait for confirmation really & see how price action develops after a break

[umbral nebula]

Cool, I was thinking for Gold to break the triangle and rally up over 200 points before hitting resistance at 2050.

With all the stimulus and money printing the central banks are doing, gold hitting 2000 seems possible in the near future (2-3 years).

[summer vapor]

how do you set up predictive ranges for SL and TP levels?

[smoky plover]

This is it Mack. Not sure why there are 650 settings for each stock. Haha.

[thin trail]

Hey @smoky plover - How it’s structured now in the CVS is a ranking from best to worst settings per each stock. 0 being the best & ~650 being worst settings.

[smoky plover]

Wow! Thank you!

[leaden apex]

Hello everyone! New to lux here. Any one got a good strategy with Lux? Would love to get some ideas on how to use Lux to fullest

[thin trail]

On YouTube search Lux Algo Strategy @leaden apex - some members have made vids including Malfx

[smoky plover]

@leaden apex As Mack said, there are lots of YouTube videos out there on Lux.

[leaden apex]

Thank you guys I’ll check them out! 💯💪

[somber quarry]

Anybody from India, who trade in Nifty and banknifty?

[gusty scroll]

Who here only focuses on trading one pair and is consistently profitable doing so?

[hidden moss]

Any thoughts on the crash we are experiencing?

[warped nova]

Crash?

SPY is $10 from all time highs

more of a sell off not even a correction

[gilded sleet]

im going to hold through

[fiery idol]

anybody have any best practices for the candle coloring control. I am trying to change up the style of the colors to have it make a little more sense to me. Does anybody use control candle coloring?

[opaque cape]

Any one trading the EUR NZD?

[pearl blade]

@fleet stream mentions this: #💰share-profits message

In what channel is that strategy explaned? i like to keep checking what others have found useful with this tool

[fleet stream]

https://youtu.be/pbWCBGQUm5g

Try it here I don’t care much about signal . I search for pullback and reversal

My settings I use are 15 0

If u use only trade in direction of oscillator and i.a.w higher TF !!!

[pearl blade]

Thanks!

[fleet stream]

Ur welcome bro 😌

[summer vapor]

After paper trading some of my favorite tickers on the 5 min, I think I’m ready for the real thing tomorrow

This algo is amazing

[long kettle]

Is HCMC going to take off after Friday?

[hidden moss]

@summer vapor Let us know how it goes 😄

[river gulch]

Can someone check a stock for me

Not home atm

[hidden moss]

ticker

[river gulch]

Btu

[hidden moss]

what timeframe

[river gulch]

30m to 4hr is what I was playing

[cloud quarry]

hello

[hidden moss]

@river gulch lmk if you need more anything more specific.

@cloud quarry Hi.

[river gulch]

Could you just do one last 5m one

[hidden moss]

sure no worries

[river gulch]

And thank you! You're the vip

[cloud quarry]

lux is good for scalping m1?

[river gulch]

Awesome bro

Thank you

[cloud quarry]

setting for scalping m1 or m5 gold thx

[hidden moss]

@cloud quarry It works but I personally don't like 1m timeframe. I recommend you to find settings that fits you and your trading style.

[cloud quarry]

better m5 or m15?

for scaslping

[hidden moss]

Yeah as much as I'd like to say it's better it really depends on you. Maybe 1m works better for you. Try out on your own. Personally m15 is the best for me.

[ruby pelican]

Everyone has their own way of doing things. As long as you're willing to learn find something that is comfortable for you. There are people here that trade m1 time frames and others that trade 4h. Really just depends on the market and what you're comfortable with!

[hidden moss]

Is the market bouncing back after the last days correction?

[vital cloak]

Hi admin I can’t access the script please assist

[gilded sleet]

hey all u long term investors what stocks u looking at on the back of yesterdays correction

[empty solar]

@vital cloak try to log out then in :)

[vital cloak]

Just log in but still not showing

[fresh torrent]

Anyone tested out Malfx settings and strategy?

So far so good for me

[velvet jungle]

where can i get his setting?

[cunning sierra]

Youtube

[fresh torrent]

Watched your videos on YouTube and applied it. Your strategy and settings are working good for me buddy. Thank you so much. Much appreciated!

[signal plover]

Hey guys! Im new here. Any crypto traders?

[long kettle]

HCMC garbage

[cloud quarry]

hello

[rancid moat]

Guys any suggestions for a broker to trade BTCUSD?

[fleet stream]

Great job guys 🙏

[elder pivot]

US or non-US?

[rancid moat]

Non US.. maybe something that can be tradable on TV straight away cuz I like their SL & TP system with the sliding it thingy

[elder pivot]

Can anyone explain what the directional matrix is, or how to read it? The manual isn't too clear on what 010 / 020 / etc. mean.

[analog onyx]

these are the period of the selected method, so if you selected WMA then the numbers make reference to the period of a weighted moving average

[elder pivot]

The only name I recognize there is Gemini, and that is afaik US-based. I use FTX, mostly through ichi (a text console), but their UI is good.

https://ftx.com/#a=luxor

[elder pivot]

Ah, so it would be the result for an WMA(10), WMA(20), etc.?

[analog onyx]

yes

[elder pivot]

Thank you!

[elder pivot]

This is ichi. Can't say if it's going to be your thing, but I like the functionality a lot.

https://gitlab.com/Ichimikichiki/ichibot-client-app/

[thin trail]

FTX is the best 😉

[rancid moat]

Thanks a lot! Imma check it out

[elder pivot]

Let me know if you need any pointers. fwiw, I'd create a subaccount to test ichi with, just in case you screw up a command. 🙂

[rancid moat]

With FTX can I trade on TradingView?

[elder pivot]

Can’t say. I didn’t see it on the list.

[sand drift]

VeChain is scary today

https://www.tradingview.com/x/5pdegbC7/

👻

[pallid cosmos]

Dog you can trade BTC on a lot of brokers. Checkout HugosWay, KOT4X, Ospreyfx. Those you can all trade BTC with like $50. Im from the states though, so we have to go through unregulated brokers. But these work perf

[pallid cosmos]

With Heikn Ashi and Lux algo, what else do you use for confluences / confirmations? I’m digging this setup

[fresh torrent]

Bybit or Phemex

[void tide]

@fleet stream have you published your strategy here I would love to see it

[vital cloak]

Any suggestion best set up

[plain kite]

What the best timeframe for nasdaq

[hidden moss]

That and if somebody has their settings for trading NASDAQ with LuxAlgo

[plain kite]

If chose 5m , trading only see the 5m ?

I put sensitivity 10, agility 38

[zinc gale]

Short question: does somebody have some great settings for GER30 on the 5 Min or 15 Min Chart? Sad, it is not included in the Optibot yet. 😦

[finite heart]

any good coin for scalping...5m...15m ?crypto

[pearl blade]

atl east on my broker, crypto scalping not worth because spreads are too big 😦

[finite heart]

Best Forex Exhange?

I´m in spain by the way

[balmy belfry]

Love how its even scared to predict gme

[pearl blade]

Depends, unregulated broker but with years and years in the market is roboforex. I use them (admins if it is not allowed to say broker names sorry).

[hidden moss]

@finite heart #704043568079306802

[finite heart]

THANKS.....

[fleet stream]

@pallid cosmos it’s just malfx scalping strategy... settings are different I use 15 0

[fleet stream]

@void tide Dm me

[jagged venture]

@thin trail My LuxAlgo subscription expires on February 28th.. How do I update and pay for my quarterly subscription? 🤔

Do I fill in a new form on the LuxAlgo website? 🤔

[empty solar]

!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

[empty solar]

@jagged venture

[jagged venture]

Ok, Thanx!

[ruby pelican]

@plain kite you’re trading nasdaq futures correct?

[fresh torrent]

Just saw you're results. Good job man! Saw your settings. Did the MALFX scalp setting not work for you?I think his setting was 17:40

[fresh torrent]

Also what timeframe are you using for the scalp...15M?

[pearl blade]

malfx is 15m, i also use 15m

[fresh torrent]

And are youu using the same Malfx setting? 17:40?

[pearl blade]

no, the strategy of Malfx also works with optibot settings

i use optibot setting for the pairs i trade

but i have my own strategy that is similar to malfx is just great to see we share similarities

[short kayak]

The settings don’t work for everyone, everyone trades a different way. You’d have more luck if you just tested some out

[fresh torrent]

Yeah I agree. Although your swing trade settings have been working well for me. Started testing it yesterday. Thanks man. I really appreciate you sharing your strategies. ✌🏼

[short kayak]

Much appreciated 🤙🏽
@fresh torrent

[upper dock]

Anyone else getting the alert grayed out? @hidden moss

[fresh condor]

Hi, I'm new here. Was hoping we could backrest on TV. Anyone know if they're going to change to strategy in the future?

[empty solar]

@upper dock Refresh the page 😉

@fresh condor We won't be since we haven't made a strategy - the signals by default aren't built into one

[fresh condor]

Back testing would help soooo much with settings

[upper dock]

Thanks that worked!

Does anyone know of a way to say for example to get an alert ONLY when (RSI at a specific value + LUX signal) = alert? Basically combine two alerts into one without any knowledge of pine.

[empty solar]

Sadly you cannot do this 😦

Unless it's all calculated externally

[glad talon]

What would be good settings for ada/cardano?

not listed on the optibot settings

[twin hedge]

Hey guys. Is there a way to pass eur from binance to any forex exchange which uses tradingview?

[hidden moss]

Yeah, you sell it and transfer the money to a different broker lol

[haughty prairie]

@hidden moss How did you swing trade go today?

[hidden moss]

@haughty prairie Somehow in profit today, silver saved my ass

[haughty prairie]

lol

[hidden moss]

I shorted silver and PAAS yesterday

[haughty prairie]

damn

[hidden moss]

But yeah market is in a tough spot right now, DXY looks like it wants to break out

[haughty prairie]

Whats that?

[hidden moss]

Dollar index

[haughty prairie]

Oh ok

[hidden moss]

Stocks and dollar are inversely correlated

So if dxy breaks out that could be the catalyst for stock market to dump

[haughty prairie]

What is swing trading btw? I have been day trading but have not looked into Swing?

[hidden moss]

It's pretty much just larger timeframe trading based off technical analysis

So like 1H to 1D candles

[haughty prairie]

oh ok

[hidden moss]

You can use the same concepts as day trading just on a larger timeframe

[haughty prairie]

Guess I had been doing that a couple times then lol

[hidden moss]

But then there are other forms of TA you can use that don't really work as well for day trading

[haughty prairie]

Have you ever day traded?

[hidden moss]

Yeah I'm testing strategies right now on forex

For day trading

[haughty prairie]

How do you find your stocks to swing?

[hidden moss]

That's a good question actually lol

I'm in several discords that focus on swing trading stocks

So a lot of people post their charts or stock predictions so I can get ideas from that, not to copy, I still do my own analysis but you can get ideas

[haughty prairie]

Yeah

[hidden moss]

Otherwise I tend to stick to large market cap stocks, so stuff like apple, Tesla, microsoft, mastercard, visa, facebook, etc

And those usually move with indices, so I track spx500usd closely

With DXY (dollar index)

[haughty prairie]

I let Wallstreetbets do my analysis for me. Portfolio: (Down 70%) jk lol

[hidden moss]

Lmfao😂

But I also trade commodities a lot

[haughty prairie]

Is that better than looking at stocks?

for swing and day trading?

[hidden moss]

I track, gold, silver, crude oil, copper

It's pretty much the same

But I just enjoy tracking commodities, just more opportunity

[haughty prairie]

so do you thing the good thing for me is to either day trade/ swing trade the 10 stocks listed in the discord?

or try and find other stocks

[hidden moss]

Well I guess if you are using the lux indicator then you can mostly stick to those if you don't wanna spend too much time backtesting with different settings for other stocks

Since if you think about it, you already have like 10 stocks available, do you need more? If you do then you'll have to find the settings yourself for luxalgo

Then if you add spx500 to the list, you can trade that if you want as well, and some commodities

Crude oil is pretty good for swing trading

[haughty prairie]

Ye I got like 10% of what spx is worth to trade lol

[hidden moss]

Use ETFs

SPY tracks spx directly

For crude oil, you can use UCO and SCO

Bullish/bearish ETF and provide 3x leverage

[haughty prairie]

are the lux algo settings in the discord for those?

[hidden moss]

No but you can use the luxalgo on spx500usd chart

And then buy spy

They are pretty much exactly the same price movements

Wouldn't do that for day trading though

[haughty prairie]

alright thanks man appreciate it

[hidden moss]

But for swing trading you can use ETFs

It won't matter

[haughty prairie]

are those 10 stocks better for day trading or swing trading

[hidden moss]

Up to you

Just remember if you stick to lower timeframe that after-hours will wreck you if you hold

So if you are gonna do low timeframe just exit before the day ends is what I recommend

[haughty prairie]

Alright sounds good thanks man

[hidden moss]

Otherwise if you swing trade you are large enough of a timeframe where after-hours movements don't matter as much

[haughty prairie]

do all those settings work in the optibot cause the one for aapl seems a lil off

[hidden moss]

I sometimes adjust them a bit

I'll look through a few weeks of prior data and see if it cleans it up a bit by messing with the settings

But I start with the optibot settings as a starting point

[haughty prairie]

ok thanks I appreciate all the help

[hidden moss]

This is where it's different for everyone. It really comes down to your trading strategy

Like some people will likr a ton of buy/sell signals and will use indicators to weed out a lot of the false signals

[haughty prairie]

By this time Next week Ill have a Ferrari 🤣

[hidden moss]

Others will prefer just having a few signals

But you'll get slightly later entrances/exits

Loool and you can buy me a house😂😎

[haughty prairie]

Lol 300- dollars to 10 mil in one week ez money lol

[hidden moss]

Easy

Maybe paper trade for a few weeks at first if you are new to stocks

They move differently than other markets

[haughty prairie]

I am new to lux algo so I want to make sure I sell Low Buy High

[hidden moss]

Also each stock behaves differently than another, overtime you'll learn how it moves, that's why I always have some stocks that I constantly trade

I recommend doing the same thing

[haughty prairie]

sweet I will do that thanks man

[hidden moss]

👍

[haughty prairie]

Thank you man I appreciate the help Ill be back on in a little bit but gotta finish my marketing project because I decided to be a dumbass and waste 2 hours of my time trying to find the best settings for GME lol

[hidden moss]

LOL

Anytime brother

[haughty prairie]

do you ever use the pattern detector?

@hidden moss

[hidden moss]

@haughty prairie I'm not sure i know what that is

[haughty prairie]

under the market updates

[hidden moss]

Oh yeah I forgot that existed lol, I don't actually use that type of TA very often

But it definently works, especially triangles/wedges

That might actually be a good idea if you are tryna find stocks, just find a pattern you like trading and develop a strategy for it

and then trade them when you get the notification

[haughty prairie]

oh ok how long do they usually take to break out and can I see that pattern with trendlines?

[hidden moss]

Yeah 100% use trendlines, especially with the triangles/wedges they rely on trendlines

Breakout time just depends on timeframe

[haughty prairie]

do you see the falling wedge with kgc cause I dont

[hidden moss]

https://www.tradingview.com/x/4wfbju1G/

yeah so in a falling wedge we need atleast 2 reactions to form the upper trendline

and then we need two atleast for the lower trendline

[haughty prairie]

Did u draw those or did lux algo?

[hidden moss]

so we can see its not possible to draw the lower trendline right now because we only have 1 reaction

i drew them

[haughty prairie]

will lux algo draw them?

[hidden moss]

tbh im not sure, maybe when its done it might

its pretty easy to draw yourself tho

the top trendline you just connected the two highs right

[haughty prairie]

what time frame where u using?

[hidden moss]

daily candles, as it says on the pattern detection

so this would be a swing trade

let me explain to you how i would set it up

https://www.tradingview.com/x/t9JKRBFV/

so we need atleast two reactions at the top to create the upper trendline

so have 3

keep in mind that a falling wedge is bullish by nature so we are expecting the price to go up

but right now we dont have a 2nd lower reaction so we need to wait for it to happen

https://www.tradingview.com/x/ozb8kVPN/

so this would be the trading plan

[haughty prairie]

oh damn

[hidden moss]

wait for a 2nd reaction on the lower trendline, then wait for it to come up and test the upper trendline and break out

if it breaks out then buy

[haughty prairie]

alright thanks man

[hidden moss]

but you have to abide by these rules

[haughty prairie]

I appreciate it

[hidden moss]

bc we dont know for sure if it will react a 2nd time on the lower trendline

it might keep going down

so you might be tempted to buy right when the price starts coming back up before it breaks out to make more profits but in the long run youll end up losing after many trades bc a lot of them will fail and not be a wedge anymore

[haughty prairie]

Ok I thought I saw a 🚀 so I bought 500 Shares

[hidden moss]

XD

[haughty prairie]

Lol

[hidden moss]

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

like this is possible

[haughty prairie]

I really appreciate you helping me man

[hidden moss]

these patterns arent some future teller

so you have to wait for that break out

[haughty prairie]

so once it touches the bottom a second time wait for it to hit the top then buy

[hidden moss]

wait for it to break past the top

[signal plover]

id say it depends on the person and their strategy

[haughty prairie]

so the second it crosses the top line buy?

[signal plover]

some people like to buy at the lower trend line and set a stop loss below it in case it doesnt go back up

and some people like to buy at the upper trendline for the potential break out

[hidden moss]

yes

from my experience though i find myself to be a lot more profitable in the long run if i wait for breakout

[signal plover]

personally (not financial advice by any means this is just my personal tendencies) after seeing a pattern like this, i like to go on lower timeframes and see a candle or two close above the upper line and then buy

[hidden moss]

that is exactly what i do

ive tried the buy rght off the trendline at the bottom in the past

and ended up losing money

might work for some people but not for me

[haughty prairie]

Alright thank you guys I appreciate it

[signal plover]

also depends on the type of market or asset in my experience

[hidden moss]

because it might go down a bit lower you dont know where the 2nd reaction will be

so it could just do a pullback up you think its done going down so u buy

then it goes down

hit SL

then it does it again and u enter

and repeat

so in the end you lost like 2-3 trades before even getting in the winning one

[signal plover]

personally ive been scalping retracements lately with a really tight stop loss

been finding some success but cant really say how good of a strategy it is as i havent been doing it long enough

[hidden moss]

yeah this wedge is on daily candles

better to wait for a close above upper trendline imho

[signal plover]

i agree

[hidden moss]

pretty straight forwards swing trading strat

day trading different story for sure

https://www.tradingview.com/x/7zbqd9nJ/

but trades like this can be very profitable over time

[signal plover]

agreed

[hidden moss]

20% right there

[signal plover]

how id trade a set up like this is id put a TP at the next resistance level

and i like to have at least a 3:1 RR on swing trades

[hidden moss]

completely agree

[signal plover]

so put a SL accordingly

[haughty prairie]

whats TP?

[signal plover]

TP: take profit
SL: stop loss

[haughty prairie]

oh ok

so a Stop limit?

[signal plover]

so basically the broker or exchange automatically closes the trade when the price hits that level

[haughty prairie]

so do you only set a TP or do you put a Stop limit

[hidden moss]

I'm pretty organized so i only set a stop loss, and judge when to take profit myself as it progresses

but 100% set a SL

[haughty prairie]

ok thanks

[hidden moss]

what broker do u use

[haughty prairie]

Td Ameritrade

[hidden moss]

yeah so you are long, then youll use a sell stop limit order

if you are short, a buy stop limit order

So if I'm long intel, and wanna place a stoploss, I'll do a sell stop limit order

You can also do sell stop market order

So that means if it falls below let's say $59, it'll sell it at whatever price it's at by the time it activates the trade

This is helpful if the stock is extremely volatile, sometimes stop limit orders don't go off

Or you can set the activation price higher than the price on a sell limit order,it's a bit more confusing than it needs to be lol you'll get used to doing it every trade though

[haughty prairie]

I do Stop limit trades all the time since i day trade but couldnt I also set it at a Price to buy in at?

or would that be a dumb move

[hidden moss]

do u mean for a take profit?

or to enter a trade

[haughty prairie]

To enter a trade

[hidden moss]

so if it falls below a certain price then buy?

where a regular limit order wouldnt work

[haughty prairie]

Like set it at the upper line so once it hits it buys

[hidden moss]

oh well you wont be able to know what price that is

[haughty prairie]

oh ok

[signal plover]

from personal experience entering trades from potential breakout patterns went better for me by entering manually

[haughty prairie]

but couldnt us setup something in like a 3rd party app or something that is When price crosses line buy 1 share

[hidden moss]

https://www.tradingview.com/x/Y6U5RaxI/

[haughty prairie]

is that something you could do?

[hidden moss]

like could be either of those areas right

Yeah its possible but we would need a lot more variables

always way harder to automate

but if you could somehow have the trendline in the code, and do something where you say if a candle closes above the trendline and theres atleast 2 peaks to form it and 2 lows to form a lower trendline

then buy

probably take volume into account too

[signal plover]

def would need to take volume into account

[haughty prairie]

So how do you know where to put the bottom line @hidden moss

in the graph

[hidden moss]

gotta wait

[haughty prairie]

whats the line at 8 dollars btw?

[hidden moss]

once it create some low somwhere, if it comes back up and still looks like a contracting wedge then its valid

oh that is just a big resistance zone

https://www.tradingview.com/x/nm9GscKi/

like this would be textbook

i just look for where levels where the price has reacted to a lot

https://www.tradingview.com/x/6dDlZbPd/

if it starts coming down like this i wouldnt trade it

it no longer is contracting

[haughty prairie]

Would it look like this though

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

[hidden moss]

thats why i think its better to wait for a confirmation it is indeed a wedge

yeah notice how that isnt a wedge shape though

[signal plover]

when drawing trend lines you want to draw the lines to where they would have the most amount of touches with the candles/wicks

[hidden moss]

thats how you know that that 1st low isnt part of the trend line

[haughty prairie]

oh

[signal plover]

thats just a parallel channel

not a wedge

[hidden moss]

yes

^

[signal plover]

alright guys im gonna go to bed ill see ya

good talking to u tho

[haughty prairie]

oh ok

thanks

GN Jinn

[hidden moss]

GN

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

cole heres how the channel can help

so youll place the intitial points where the blue circles are

then the 3rd where the pink circles are

notice how multiple candles bounced off that line thats why we place it there and not on the wick right below it

and it predicted the tops for the trendline for the wedge

[haughty prairie]

oh ok

[hidden moss]

https://www.tradingview.com/x/eeu0Cjhb/

so now we just wait for the price to come up

[haughty prairie]

Sweet I am going to correct my graph Real quick

[hidden moss]

its gonna take a while lol

large timeframe

[haughty prairie]

yeah

Buy hopefully it shoots up

lol

Yo ik how to get it faster

We post this in the WSB chat: KGC:🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀

[hidden moss]

lool

[haughty prairie]

lol it might work

oh and add Chick Tendies

I am in the wsb chat and see people talking about Tendies lol

[hidden moss]

yeah tendies and options is all they say

[haughty prairie]

lol

I have never bought an option before are they worth it?

[hidden moss]

pretty scammy

they are pure scam short term

long term they can be good

[haughty prairie]

some dude in my Language arts class lost like 500 Bucks cause he listened to WSB and bought at a high lol

[hidden moss]

that sucks lol

you used to be able to counter trade WSB and be profitable

idk anymore

[haughty prairie]

Buy High Sell Low

Thats how to get rich

[hidden moss]

if yur shorting then yes😎

[haughty prairie]

lol

https://tos.mx/gdLyyKc

[hidden moss]

WSB doesnt believe in technical analysis sadly

[haughty prairie]

this is what td ameritrade says for the patterns

is that right?

or is what we are doing right?

[hidden moss]

well technically the pattern is forming, but hasnt formed yet

so it wont show it

[haughty prairie]

oh ok

[hidden moss]

we still need that 2nd low to create the lower trendline

so its low enough to create the trendline rn

but we now need the price to reverse to confirm its a trendline

[haughty prairie]

What things on lux algo do you use btw

[hidden moss]

the confirmation signals

the confirmation simple candles

[haughty prairie]

do you use the dashboard?

[hidden moss]

yeah i like it

its just gonna show the trend tho

[haughty prairie]

do u use the premium oscilators?

[hidden moss]

yeah the oscillator i actually use more than the luxalgo

[haughty prairie]

Which one?

[haughty prairie]

Whats your settings for votility?

[haughty prairie]

Using lux algo yes

[hidden moss]

and then turned off all the other stuff on the colors

[jaunty badger]

have you traded without an algo before? if so what methods do you use

[haughty prairie]

Yes, I use RSI, MACD, and a weird BB Strat that involves 2 BB

[hidden moss]

were you somewhat happy with profits?

if so u can combine those with lux

[haughty prairie]

Yeah was up 50% in total for the past 4 months i think

[hidden moss]

yeah thats good, just add the luxalgo to it

[jaunty badger]

Heres my honest opinion on Lux Algo. Little back story first, I started trading back in december with $100 i was a pattern trader also using RSI and MACD. by the end of january i had my $100 up to $2200 by doing the work myself.

i tried to cut corners and use lux algo

i got the $2200

down to $0

🙂

[hidden moss]

gotta use it as another indicator

[jaunty badger]

i dont recommend. i have went to support to ask for a refund literally 2 days after i purchased and they wouldnt.

[haughty prairie]

Were you treating the confirmation signals as buy signals?

[jaunty badger]

well it would depend if the state was ranging or trending

[haughty prairie]

Were you only running lux algo?

[empty solar]

The issue is risk management here I think

Turning $2200 to 0 in a few days

Shouldn't be possible really

[hidden moss]

Cole 50% in 4 months is very good dude, honestly you dont need to try anything new, just add the luxalgo and indicators to what you already have to try and improve your current strategy

[haughty prairie]

you got any tips for lux algo Hula?

[hidden moss]

im not familiar with your strategy so idk if i can help much

[jaunty badger]

@empty solar i will admit my risk management was poor, but you cannot cut corners in becomming a day trader

[hidden moss]

youll have to play around

[haughty prairie]

@jaunty badger I think alot of day traders actually use algos

[hidden moss]

like try to look at when you would enter a trade/exit

can you use the luxalgo in some way to help weed out some trades that would end in a loss

[jaunty badger]

youll be alot more profitable by actually putting the time in and learning the charts.

[hidden moss]

or take profits earlier resulting in a higher gain

thats how i think luxalgo should be used

[empty solar]

Yep if you're a profitable trader should really take the tools, see which ones you like and add them into what you have

Being profitable over let's say 6 months and then suddenly not profiting shouldn't really be something that happens

Because deviating from a working method shouldn't be done

[hidden moss]

unless you have a terrible drawdown

and got lucky

ive seen it happen in WSB lol

[jaunty badger]

i ran a little test. 2 demo accounts on forex. 1 with lux and 1 without

the one with lux i turned 100k into 50k

the one without i turned 100k into 500k

[empty solar]

I've got to say - that really really shouldn't be possible

At all

[hidden moss]

countertrade everything u do with lux XD

[empty solar]

What were you doing with the Lux one?

[haughty prairie]

Hula do you use confirmation and contrarian signals?

[hidden moss]

only confirmation

[jaunty badger]

Gecko, weve been over this in DM's because you dont like when people post their honest reviews where other people can see

[haughty prairie]

are those more accurate?

[jaunty badger]

i go to vip support and in gets taken into a PM so nobody else can see

[empty solar]

@jaunty badger Don't mind it at all 🙂

Not at all

[jaunty badger]

quite shady

[hidden moss]

i like waiting for confirmation not trying to catch a reversal so they work better for me

[empty solar]

Speak all you want here 🙂

[hardy field]

Hahaha not a chance

[empty solar]

But I must say - when you tell me you tried trading the 15 second chart to me...

I did get nervous

[jaunty badger]

i did because it was reccommend

[empty solar]

Because that won't work too good

[haughty prairie]

@hidden moss Can i see one of your charts with the settings adjusted to get an example of what it looks like?

[hidden moss]

yeah sure

[empty solar]

No one would ever say trade the 15 second chart

[hidden moss]

15m is recommended a lot

[pearl blade]

do not confuse 15s with 15 min

[empty solar]

^

[hidden moss]

maybe it was a mis understanding

or typo

[jaunty badger]

it was not

they told me the live stream is on 5s chart so to slow it down a little i was told to try the 15 second

[empty solar]

Who told you this?

certainly none of us

[jaunty badger]

i dont remember the name it was someone in this group though

it was close on a month ago

[empty solar]

Yep so the 15 second chart isn't going to end well

[jaunty badger]

yeah and neither did the 15m 5m 30m 1h 4h

[hidden moss]

@haughty prairie

https://www.tradingview.com/x/mgxYaoR3/

[empty solar]

Fair enough - totally possible nothing we make fits you 🙂

[hidden moss]

here is 15m eurusd, this is a day trading strat ive been working on tho

[empty solar]

And if you don't need anything we provide that's totally ok 👌

[hidden moss]

not my typical swing trading strat

[jaunty badger]

and im posting my honest review.

to let others know my experience

[empty solar]

Go for it 🙂 No issue at all

Some people it helps

Some people it doesn't

As you can see in here - some people like it 🙂

[haughty prairie]

https://www.tradingview.com/x/INTcy31q/ is this a better wedge?

hula

[hidden moss]

yes, now wait for 2nd test of lower TL

[haughty prairie]

Sweet Thanks man

[jaunty badger]

@hardy field hate to break it to you. theres a SS.

[hidden moss]

What strategy do you use?

You shouldn't be trading what others tell you to trade, you can always ask for advice or any help you need but don't listen to everybody in this case you should've asked one of admins for advice. And like gecko said algo doesn't work for everybody, for some it does and for some people it doesnt. + if you need any help we're always here to help you.

[haughty prairie]

Hula is my top wedge off?

cause it looks like it is

[hidden moss]

i usually place my first point at the high

cole heres an exmaple of why i like to wait for it to break past the top before entering tho

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

you could have saw it bouncing there and thought it was done

but then it comes down further

[haughty prairie]

Also with lux what helps you know if a sell or buy indicator is false?

[hardy field]

Your using over 100 lots...you wouldn’t do that with your own money

[empty solar]

^ With paper trading an risk management out the window it's a wholleeee different kettle of fish

[hidden moss]

You can use moving averages, the oscillator

thats what ive been experimenting with

still havent found the perfect answer

[haughty prairie]

Thanks I appreciate it Hula

[hardy field]

Anyone could go on with 100 lots, hold for less than a minute and make a fortune, not proper trading

[haughty prairie]

for all the help

[hidden moss]

i like the oscillator though