💬hangout

[hidden moss]

I like MAs

like if its red and i see a buy signal im not gonna buy

yeah ive been testing with ema for my day trading strat

[haughty prairie]

EMA on dashboard?

or a line

[hidden moss]

line

i programmed it tho

so it just shows up on my chart when it crosses under/over

so its less messy def not needed to do that

[haughty prairie]

oh ok

[hidden moss]

but thats why u dont see it on my chart

i'm still tryna figure out the lux stuff

ive been developing day trading strats but havent incorporated it with my swing trading at all yet

@haughty prairie

this is my typical swing trading strats

https://www.tradingview.com/x/Y2mEntPa/

Havent combined it yet with luxalgo tho, idk if i ever will, but i wanna develop some good day trading strats on forex/crypto

[empty solar]

@hidden moss Just seeing how you trade with EW etc I think preditive ranges / reversal zones could really maybe be a nice addition

EW traders I find really interesting

It's an interesting subject

[hidden moss]

I agree i was thinking the same thing

Yeah i use 0 indicators with EW

people laugh at me usually

[empty solar]

Are you an experienced EW trader?

[hidden moss]

im pretty good

ngl

A lot of people use EW incorrectly

[empty solar]

Good to know - always curious about it so I know who to come to 🙂

[hidden moss]

thats why I think it has a bad stigma

[jaunty badger]

Actually that's where your wrong. If you know what the price will do you can buy large lots with a tight stop loss. But you have to be sure it's gonna move in that direction, I do this by watching for breakouts/breakthroughs of key levels, if you buy a breakout of a ceiling and that ceiling now becomes the floor then you're gonna have a buy at it's new lowest price, I use patterns to identify these areas and know when and where to buy. 100k to 500k is only 5x not that impressive to be honest.

[hidden moss]

Takes a while to learn how to trade with it though

Its not like other strategies in that regard

You can learn all the rules and have good counts yet still lose

[empty solar]

Yep seen this countless times

And this is most likely why is has a bad rep

[hidden moss]

yes

and you always have to have several counts for the same chart

@jaunty badger I'm not trying to be rude but it's just funny how you think

like i have multiple scenarios

always

many people only see one possibility and then it does something else and they think it doesnt work

so you have to learn how to trade around the multiple scenarios

[empty solar]

yep it's all a probability game 🙂

[hidden moss]

Yeah too many people treat EW as a certainty

Thats why It gets a bad rep

[haughty prairie]

Whats EW?

[empty solar]

Elliot Wave 🙂

[haughty prairie]

Oh ok

[hidden moss]

If you are interested though here a really good site that covers a lot of the rules and is reliable

https://elitecurrensea.com/education/elliott-wave-patterns-fibonacci-relationships-core-reference-guide/

[empty solar]

It's for masters of trading only though 😉

Not easy at allllll

[hidden moss]

Cole its a form of technical analysis, more specifally wave analysis

ive spent 2 years at a loss until i finally got it

literally woke up everyday during high school before school and spent 2-3 hrs looking at charts trying to count the waves

and was at a loss a year later lol

was a tough time

Another issue is that theres no place to really go to, where they explain all the rules so you get information that conflicts or isnt true etc

But the best sources ive found are that site I shared above and a book that most EW practitioners recommend

@hidden moss If you're profitable - congrats, im still learning EW, i feel like I can use it with my price action trading.

[hidden moss]

Stick with it, I felt like giving up on it so many times

But I finally became profitable after a while and then now Im very consistent

I definitely will. I already am profitable i feel like more setups will occur if i apply it to my trading .

I just feel the need to really stress the part that the hardest part of EW is learning to to trade with it, not learning the actual rules, so you may feel like you know it well but still end up losing, thats where u cant give up bc yur close to becoming profitable

Yeah you will get better at it for sure

Lol

[empty solar]

Annnnddd

gone xD

Sorry about that

[hidden moss]

finally

I just ignored him

He's funny af

[empty solar]

Yeah for the best

[hidden moss]

who cares if it doesnt work for him, seems to be working for us

[empty solar]

Oh well back to EW talk 🙂

[hidden moss]

Did you see the link I sent above?

Yeah

I'll definitely read it

thank you m8

[empty solar]

this one?

[hidden moss]

its just the rules

but the best site ive found where they are all there and correct

yes that one gecko

[empty solar]

oh wow it's detailed

[hidden moss]

I also recommend the book

https://www.elliottwave.com/free-reports/elliott-wave-principle

you can get a free pdf

Yeah that site is super easy to read and has nice visuals Ive used it a lot in the past

[empty solar]

Will have a little read of this

[hidden moss]

https://elliottwave-forecast.com/elliott-wave-theory/

[empty solar]

Give me a few years

[hidden moss]

heres another site thats good

start with this one i just sent

[hidden moss]

hahaha

itll explain everything

We'll get it in a few years

keep the site with the rules bookmarked so you always have it

wait lemme retype everything lol

Start off by reading everything here: https://elliottwave-forecast.com/elliott-wave-theory/

Then once you get a decent intro to EW

Read this book and take some notes

https://www.elliottwave.com/free-reports/elliott-wave-principle

Once youve done that, try to actually count the waves on charts yourself

https://elitecurrensea.com/education/elliott-wave-patterns-fibonacci-relationships-core-reference-guide/

using this site to help you with the rules

Thanks. I will definitely check it out .

I'll hop off now, I have to wake up early hhhhh. Goodnight.

Goodnight man

[gaunt kernel]

Hi everyone,. does anyone use 3-commas dca bot with Lux signals from TV?

for crypto

[hidden moss]

I'm out too, peace

[dreamy oar]

In the profit sharing channel I see most people use the same app for forex trading. Just wondering what app is that. Thanks

[thin trail]

MT4

[dreamy oar]

Ok thanks

[plain kite]

Tes

[hidden moss]

@dreamy oar MT4 or MT5. MT4 was specifically built for forex traders, whereas MT5 was designed to provide traders with access to CFDs stocks and futures.

[dreamy oar]

Just installed MT4. But can’t figure out how to connect to my Oanda account. Firstly, there are like 5 different v20 connections. Don’t know which one to select. Then the login field is numbers only, but my account has letters

[hidden moss]

You got mt4 login info on your email. It's not the same login info you used to signup for oanda

[runic flare]

Hey guys does anyone knows good settings for 1m eth chart?

[solar viper]

Does it really take 8hrs for access on Tv?

[empty solar]

If you're in VIP you should have access

Try to log out then in

[solar viper]

Ok will do. Thanks

It worked. Thanks

[modest trellis]

Me waking up to AMC tomorrow

[nocturne vine]

.

[wooden solstice]

What are some good lux volatility settings?

[hidden moss]

who's waiting for gme

on march 19

iam

[keen thunder]

Anyone know how to set up the optibots?

[empty solar]

All you need to do is look in the channel you want and copy the settings 🙂

no setup

[keen thunder]

Ok thanks

Will you be doing a video on the optibot?

[analog onyx]

Likely, its planned

[keen thunder]

Ok great that would be helpful. Thanks

[lunar pagoda]

What’s up everyone guess it’s time to set up the algo just realized I was granted access

[midnight radish]

hey hey, good mate 🙂 setting it up myself as well 🙂

[lunar pagoda]

I’m using the 4 hour chart right now, so far I’m liking this!

[midnight radish]

testing 15 m and 5 min 🙂

[lunar pagoda]

Sweet, I’m excited to see how it performs

[lunar pagoda]

Has not signaled buy yet and I was seriously struggling with this one, leaning towards short due to the H&S pattern but thought maybe it would break 48, looking to be a bull trap after all. So far so good!!!! This is going to save me so much time 🙂

[midnight radish]

not a pro by any means, on the contrary, but futures drop, the new covid aproval and stimulus, might increase it tomorrow. btc is swinging left and right according to news.

[soft lynx]

morning all - just rejoined after a few months off and looking forward to getting back to it 😎

[night tulip]

what your settings for the algo?

[haughty prairie]

@night tulip if you look in the optibot channel you will find the ideal settings for BTC but make sure to adjust them to your trading style

[night tulip]

need the settings for stocks

[haughty prairie]

Some stocks are also in there if you scroll to the bottom

[night tulip]

thank you

[haughty prairie]

make sure to adjust them a little bit because some of them might be off

[long kettle]

Thoughts on ASTI?

[cunning burrow]

Any one doing WTI Crude oil here. Please let me know best settings for the intraday 15 minutes pls.

[tender lodge]

what a good setting for GME ?

[haughty prairie]

You would need to figure out your strategy and edit those indicators so they line up with your preferred strategy

[warped nova]

This is how you know when the market is trending up. Predictive ranges shoot up 🙂

[haughty prairie]

what stock?

[warped nova]

AAPL

[haughty prairie]

What did u buy in at?

[glad talon]

man i created a demo account to try forex and ive been waiting for a strong signal from lux since yesterday hahah

only had regular signals so far

[analog onyx]

strong signals will generally occur when an according trend has been well established 🙂 If you want more strong signals you can always increase the settings, but I don't recommend doing that just to get more strong signals.

[glad talon]

i set up tradinview with the recommended 1hour settings for usd, euro and gbp

I created a demo account on ICmarkets so i can test all of this, if i burn the 200 demo usd then i wont even consider investing on that haha

[hidden moss]

@analog onyx do you sir have good settings for ADA, 30m chart?

I really need to get some. 😉

[analog onyx]

Optibot will soon include ADA

[hidden moss]

Huhu I m happy to see that.

But do you accidentally have some?

[glad talon]

oh yeah, we need ADA settings

[hidden moss]

That you are using or doesn't matter, just to be good

Because I see a lot of potential in ADA coin, also try to include PolkaDot settings

That's the new ETH

Am I right?

[elder pivot]

Lots of things trying to be call themselves the new ETH. 😄

[hidden moss]

Yes sir. But I belive in PolkaDot

Don't you?

[elder pivot]

If I had to make a bet out of ETH, it would be right up there.

As an investment, at the current price, its fully diluted market cap is crazy for what is actually there.

So if you came in early, great, or maybe as a trade... but I don't think I'd be buying in right now.

[hidden moss]

Made 20% profit out of it a few days ago.

Its not that bad. I put it in my watch list

[elder pivot]

Yeah, for trades, it's all momentum, and it has that.

[austere pumice]

Hey guys, any price target for Zoom today?

[twin zinc]

@empty solar How a get the acces to the vip scanner?

[empty solar]

#🔔scanners-premium

[twin zinc]

@empty solar Where can I find information on how to use it? i'm new to discrod

[empty solar]

If you click #🔔scanners-premium

it will take you to the channel

Where you can opt into scanners

and they'll appear 🙂

[twin zinc]

Thank you so much!

[twin zinc]

@empty solar I have another question, is it possible to send these alerts to my own discord channel?

[empty solar]

It is via webhooks but if it's a public server with other members it's against our terms of service

but if it's a personal server

that's fine

[lunar pagoda]

Love this app

Let’s go ATOM! These 4/hr alerts are 🔥 when you catch them at bottom

[echo aspen]

Do you need tradingview premium in order to change sensitivity and agility

[thin trail]

No @echo aspen you can adjust it from the settings menu

!settings

[hidden moss]

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.

We default settings of (12, 26) which many users find to work great, and we also have OptiBot which updates users on the best performing settings across all markets on the 5m, 15m, 30m, 1H, and 4H timeframes

Learn more about OptiBot here: https://docs.luxalgo.com/getting-started-with-luxalgo/discord-info/bots[#789197097760325632](/guild/641770286638694402/channel/789197097760325632/)

[fiery idol]

woah Ive never seen predictive ranges act like that. Ive only seen them straight. What setting is that? I trade with them on level 4.

[analog onyx]

This only happens when the method predict a new range while the current bar is not closed, you can eventually see them connected, this does not mean anything in particular.

[lament ridge]

Hi! Is there a way that we can save different Senstivity + Agility settings for each stock/crypto?

Ex. I want different setting for BTC, ETH, and so on...

[vernal chasm]

I think you can save different chart layouts when you have the pro plan

[lament ridge]

Ohh I see. I'm still on trial plan. Thanks for the tip!

[vernal chasm]

But I don't know whether you can only save different indicators or also different settings for them. Maybe try the 30 day pro trial if you didn't used it already

[warped nova]

@fiery idol yeah, I was just messing around. It's just a techincal error that amused me at the moment

[lapis kestrel]

Is anyone here using Coinbase or Kraken to trade crypto?

[vernal chasm]

doing everything on Bybit and Phemex and am quite happy with them

[lapis kestrel]

thank you

[azure lotus]

Is it better to use Algo with or without extended hours?

[steep salmon]

what is UCO or SCO ?

[hidden moss]

@steep salmon

They are ETFs

https://www.investopedia.com/terms/e/etf.asp

[steep salmon]

do we have algo settings for UCO/SCO, i want to use for crude

[hidden moss]

Pretty much it tracks the price of oil and is allowed to be traded like stocks on an exchange

Well you can just use the algo settings setup for crude oil, look at the regular crude oil chart

And then trade uco/sco

[steep salmon]

got you

[hidden moss]

Since they will follow the crude oil prices you don't need to look at their charts

[haughty prairie]

@hidden moss How's your stocks doing this morning?

[hidden moss]

It's like the s&p500 and SPY

SPY is an ETF that tracks the s&p500

[echo aspen]

Uniswap and enjin to the moon

[hidden moss]

@haughty prairie Went well yesterday but I was feeling pretty bearish and market was at a very significant point so I took profits on all my long positions

To be safe

[haughty prairie]

nice what were your positions?

[hidden moss]

https://www.tradingview.com/x/gPbAca64/

AAPL

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

AMZN

https://www.tradingview.com/x/Mt2yyBVm/

MA

[echo aspen]

Aye I got in MasterCard too and appl

[haughty prairie]

Damn those are all pretty good stocks I bought 2 AAPL yesterday

[hidden moss]

stay in them market should keep pumping

you bought at a good time

[echo aspen]

I have so much to learn it’s exciting for sure

[hidden moss]

https://www.tradingview.com/x/8FLALJYd/

I was worried about

DXY

because it was pumping hard and close to creating a new high

[echo aspen]

Rn I’m holding in enjin ada and uni for crypto

Holding for the month prob tbh

[hidden moss]

if DXY comes down here

thatll be good for crypto

[echo aspen]

Bet

[hidden moss]

DXY is the US dollar index btw for those who dont know

[echo aspen]

How long have you been trading ?

[hidden moss]

almost 3 years now

[echo aspen]

Hell yeah I’m j getting into it

[hidden moss]

Stick with it, takes time to become profitable but once you do youll just keep ramping up

[echo aspen]

That’s the goal

[hidden moss]

once everything starts compounding then youll be making money

[haughty prairie]

How long haw you been learning elliot waves Hula?

[lone ginkgo]

i just saw a strong buy signal and it drops immediately ouch

[echo aspen]

I feel like I should be playing w stocks mroe so than crypto but that isn’t actual reality 😂

[hidden moss]

took me 2 years for that to happen because i decided to do the hardest form of technical analysis

[haughty prairie]

Lol

[echo aspen]

ADA I’m holding for the month it’s been weird I thought it was gonna push up a lot harder

[hidden moss]

Started EW the first day i learned bout stocks cole

[haughty prairie]

Is it a really good strategy?

[hidden moss]

Honestly i dont recommend EW because you can find way easier strategies based off indicators and start making money faster

then later on if u wanna learn you can

[haughty prairie]

I use a double BB strat, combined with rsi and MACD that has worked pretty well. Ik EW is pretty complicated so I was wondering if its worth it to learn

[hidden moss]

EW isnt even a strategy, you are just counting the waves to get a sense of where the market is at, then you have to develop a strategy around that

if your strategy is working well then dont bother

[haughty prairie]

@hidden moss I saw this one thing on social media where some guy looked at what WSB was talking about and he made 90% profit buying puts lol

[hidden moss]

Actually Cole im curious what your strategy is ive never heard of using double BB

lol i used to do that actually last year

Counter trade WSB

[orchid chasm]

@hidden moss can you please tell me what strategy you use on forex with lux algo on 5 min or 15 min or 1h timeframe. You use a combination wiht other indicators? Thank you

[hidden moss]

Yeah I've been experimenting recently to find something profitable, as of right now im using a 30 amd 50 ema, and then have my lux algo settings set to the recommended ones from optibot on 15min candles

combined with a 70 ema to exit

it worked for a week and then been iffy this week, i need to find something better

[haughty prairie]

So I take the center line off of the BB and one will a deviation of 1 and the other bolliner band will have a deviation of 2. If the price is in between the top bands then its an uptrend and once it breaks away it a warning of a trend change.

https://tos.mx/lFmcW86

[orchid chasm]

Thank you

[haughty prairie]

https://www.investopedia.com/trading/using-bollinger-bands-to-gauge-trends/

[hidden moss]

so do u look for a candle to close above the two bands

for reversal sign

[haughty prairie]

and then I use MACD and RSI to confirm

[hidden moss]

and ignore wicks?

I'm kind of new to indicators ngl lol

[haughty prairie]

So usually in a uptrend the candle will continuly

Close between the bands and once it goes below then it signals a upcoming trend change.

The candle usually touches the top band at an uptrend and once it pulls away from the top band then I usually use that as a warning and wait for a confirmations signal of a trend change.

[hidden moss]

are you on 15min?

[haughty prairie]

That was one day I use this on a variety of ranges that range from 1 Minute to one day

[hidden moss]

which do u think is the most successful timeframe

[haughty prairie]

What time frame do you usually swing trade on?

[hidden moss]

1H-8H, but im looking for scalping strats rn lol

[haughty prairie]

This can work on those are you looking for more of a Short, Medium, or Long term trade?

[hidden moss]

short

[haughty prairie]

If your looking for a short term I would say 1 Minute - 15 Minutes. Medium Term I would probably say 1-4 Hour Time frames. Long I would say 1D Time frames in my opinion.

[hidden moss]

for sure

ill probably do 5-15min

[haughty prairie]

Yeah thats probably a good time frame to get started with. I usually trade with 1 Minute time frames so I am used to everything being pretty fast pase. I would also use RSI and MACD to confirm the reversal of a trend

https://tos.mx/46i3nkd

So an example would be GME. We can see its currently in a uptrend but the RSI looks like its flattening out so we can predict that there might be a trend change in the next week or so if the rsi continues this way.

[hidden moss]

Gotcha

[lone ginkgo]

wtf which whale is selling all the coins

[mortal karma]

Is anyone else having issues with the volatility indicator?

[analog onyx]

what kind of issues are you having with it?

[mortal karma]

It is not showing any colors. its just a line. I have had no issues with it until this morning.

[mortal karma]

The display mode Gradient's colors are not showing up on all 3 color modes.

[analog onyx]

Apologies for that, you can change this line color from the style settings, maybe its not a good color for dark themes, would you like it to be changed? Do you have a color to suggest?

[mortal karma]

I changed the main line to yellow but this was the result. No other colors.

[autumn anchor]

can help me , is there customer service, no one active on vip support, u guys have not set up my tradeview account , i couldnt find " invite only scrip " on my profile . please help !!

been several days

[analog onyx]

You didn't received a confirmation email telling you you had access to the indicators?

Make sure you sent your correct tradingview username when you purchased a membership, else mail [e-mail]

[fiery idol]

Is there a video on volatility indicator how user actually use it?

[empty solar]

https://www.youtube.com/watch?v=eOn9OLfg1Rs&t=2s

[glossy matrix]

is it possible to drag the dashboard?

[analog onyx]

Not yet, we still wait the day tradingview implement a way to use more convenient locations for labels.

[glossy matrix]

okay thanks

[tranquil hearth]

anyone here have this hooked up to 3commas?

[fiery idol]

Anybody have any stories on how the volatility index helped you with your confluence of either entering or exiting a trade?

[thin trail]

I use it on 4h, 1d, 3d timeframes in crypto to analyze volatility

i find it most useful when volatility becomes very low to prepare for a big move in the market coming up, and i judge the direction of the move based on current active confirmation signal + support/resistance levels

@fiery idol

[lone ginkgo]

any good indicators recommend for support/resistance levels?
or are you using the one in lux?

[vernal chasm]

does that mean low volatility plus confirmation and own analysis indicate that a big increase in volatility is likely to come shortly?

[vernal chasm]

I prefer to draw them myself and use the reversal zones as support/resistance. There are pretty accurate, especially in ranging markets

[lone ginkgo]

got any example? just to learn, thanks 🙏

[vernal chasm]

You can connect several highs or lows that are on one line and you can draw a line at tops and bottoms. Don't make it complicated, just highlight what you see right away. That's usually the most powerful supports and resistances as thats what everybody sees

I'm also currently trading BTC/USD and if you open the 1h chart you can see the rejection of the reversal zone that comes with Lux Algo

if you feel comfortable with the support/resistance lines you can also check out how to draw fibonacci retracement lines

[lone ginkgo]

🆗
Thanks!

i always use the reversal cloud as an indicator to sell.. but it past through the cloud for a few times d lol

can share how you decide whether to stop selling or not?

[vernal chasm]

I'm also still pretty new to Lux and try things out to get a good strategy with the new indicators 😅 but that looks quite good to me. I would have exited my short entry the candle hit the green zone. You could probably keep the trade open, but you should still have made a good profit when you entered near the last top

Maybe you can use MACD to determine whether there's still a downtrend with momentum

But you always have the risk that the price suddenly increases again. You can never take a ride from the far top to the far bottom without increasing your risk significantly

[analog onyx]

You can't go wrong with the predictive ranges, the method was especially designed for providing good SR levels

[lone ginkgo]

gotcha
MACD and RSI is my second friend haha

[lone ginkgo]

Can advice like let say it hit the green area, but its only approaching the orange colour line (which is the middle), i should let it run a little bit longer right?

[analog onyx]

In general you should avoid using indicators giving similar information together, this is called 'excess multicollinearity', and can produce unwanted results. Nonetheless you could still use both the bands and predictive ranges together, but I am unfamiliar with such use.

[vernal chasm]

your final decision should always be based on price action. If the wick of the candles just hit the support line, I would have sold (or better bought if it was a short position). However, if there was a big candle that just hammered right through the support, I would keep the trade open and see what happens

To refer to you picture, I would have probably close the trade at the support

[lone ginkgo]

understand that.
thanks for all the insights

haha pretty new to trading, need more experiences

[vernal chasm]

me too haha 😄 I think I got the theory, but I still need to learn to make a proper plan and act more structured. Sometimes the emotions kick in and I'm doing something stupid 😄 And I also still need to get comfortable with using Lux Algo

[lone ginkgo]

my "emotions" made me lost $400 yesterday hahaha
now im setting strict rules for me to follow
to prevent EQ from controlling me

[vernal chasm]

haha true 😄 what rules have you set for yourself?

[lone ginkgo]

no. 1 rules : don't follow instincts 😂

now im strictly waiting for signals, checking HA and trends to see whether to buy or not

i think i can make a buy call quite stable now, but the exit call is the tricky one

[vernal chasm]

whats HA?

[lone ginkgo]

Heikin Ashi

[vernal chasm]

Aaah alright, yeah they're quite nice, just discovered them a few days ago. And you're always waiting until Lux gives you a buy signal? I find the signals pretty confusing sometimes

[lone ginkgo]

have you optimized it with optibot?

with optibot setting i find it quite stable

im using 5m graph tho

[vernal chasm]

when settings are available yes. I trade mainly crypto and for BTC and ETH I have a trade for longer term open and then there's not much left to trade with when you go by optibot

how long do you keep your trades open when you use the 5m chart?

[lone ginkgo]

what do you mean by leave the trades open?
i only go one way, when the indicator reach i either buy/sell

i have no long term trade open haha

i mainly do day trading and short term

am thinking to have another binance account for me to do long term trading tho

[vernal chasm]

ok got it, makes sense obviously if you go by the signals 😄 I don't have the time for daytrading and constantly checking charts, so I'm more into position trading or at least swing trading. Should probably decide for a trading pair with optibot settings for 1h or 4h charts and give it another try

[iron hull]

when using the optibot which signal mode is it for?

[thin trail]

Confirmation signals

[iron hull]

not both?

[thin trail]

Just confirmation for now

[iron hull]

gotchu

[pearl zodiac]

Does the Algo repaint ?

[empty solar]

No

[livid turret]

Is there a scanner for crypto?

And does "current session" just change to whoever is in their trading day? I'm in NY and it's saying Sydney UTC

[analog onyx]

yes, go to #🔔scanners-premium and react with 5️⃣

[livid turret]

ok i did that. Is there something thats supposed to happen?

[hidden moss]

This should appear #695668827937177660 and #695668800044925009

[haughty prairie]

Question: How do you guys find the stocks you are going to buy? Do you use Scanners or just hear about it on the news?

[livid turret]

Ah I see it now. cool. Thanks guys!

[livid turret]

With alerts, I've marked them in the Lux Algo settings, but Lux doesnt show up in my normal TV alert menu to turn them on -- am I doing something wrong?

[empty solar]

Do you have any screenshots of what you mean?

[livid turret]

I click them on here

but then I dont have the option to turn them on here

[empty solar]

oh refresh the page

it'll appear

[livid turret]

okay, let me try

Got it. Thank man!

[void tide]

Is there a way to code my strategy with the lux to shoot one alert for entry

[analog python]

Is there a way to test Lux Algo premium indicator performance with certain sensitivity and agility settings?

[honest nacelle]

the signals have to delay , pls which is the best settings for sensity and agility

[thin trail]

https://luxalgo.com/apps/help-center#hc-adjusting-input-settings

!settings

[hidden moss]

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.

We default settings of (12, 26) which many users find to work great, and we also have OptiBot which updates users on the best performing settings across all markets on the 5m, 15m, 30m, 1H, and 4H timeframes

Learn more about OptiBot here: https://docs.luxalgo.com/getting-started-with-luxalgo/discord-info/bots[#789197097760325632](/guild/641770286638694402/channel/789197097760325632/)

[thin trail]

I recommend using optibot @honest nacelle

[analog python]

Is there a way to test invite only scripts like Lux Algo in Trading view when you want to backtest sensitivity and agility settings for a particular asset?

[thin trail]

There is not a strategy script to do exact backtests @analog python however yes you can go through in replay mode / look at the history of any asset/timeframe

[analog python]

does the replay mode provide you data?

[thin trail]

yes

[analog python]

where is that on trading view to see performance during indicated timeframe from replay?

[analog python]

yes, but where is the performance (profitability/loss calculations, like backtesting)

this is a closed script, so backtesting this in normal way is not possible

[thin trail]

You can only do that with a strategy script @analog python we don't offer that as confirmation signals aren't designed to be used as exact entry/exits

Recommend using Optibot channels to find the most optimized settings automatically

[analog python]

how do I access optibot?

I have the lux algo premium

[empty solar]

they are channels on the left of your screen

[royal sage]

Hi some of my alerts never triggered 🙄

[empty solar]

May we see your settings

[royal sage]

This was the sell strong but never got alert

[empty solar]

May I see your settings?

[empty solar]

And your alert settings too please

[empty solar]

Yep but the actual settings for this

[royal sage]

Ooo ok sorry 1 sec

[analog onyx]

the alert has expired, make sure to check 'open-ended' in 'expiration time' when you create an alert 🙂

[junior hound]

HEllo guys, is there anyone can help me? want to put alerts on a few pairs, but i'm new to Trading view and i'm kinda lost. anyone with remote acces can help me?

[knotty wren]

Is there a way to detach the fixed zoom levels forced by the S/R lines? It's jarring for me and doesn't let me center the chart the way I like. Just curious.

[analog onyx]

You can check our documentation about alerts https://docs.luxalgo.com/getting-started-with-luxalgo/setting-up-alerts-on-tradingview, and the documentation page about the alerts specific to the main indicator https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts 🙂

[junior hound]

Ive tried. It keeps freezing my TV and nothing happens 😦

stays like this

[royal sage]

But exoeritation time is next month ? Or can i put sumting elae in it

[analog onyx]

In general I keep it open ended and stop the alert when needed, up to you ofc. Make sure the sensitivity/agility settings you are currently using are the same as the one you where using when creating the alert. Else try recreating it. Note that the time on the alert log can differ from the time of your chart.

[analog onyx]

try refreshing the page.

[junior hound]

i dis several times. So, i have multiple tabs with diferent pairs. That is ok right ?

[tulip ermine]

Does anyone else use tradestation for crypto?

[thin trail]

I would not recommend

I recommend Binance, Coinbase or FTX for crypto

[tulip ermine]

Well I like them for their 0% maker fees

The issue I'm having is that I'm pretty sure their crypto platform is down right now. I want to confirm that it's not just me though.

Is there anything else with extremely low to actually not having fees? None of this "built into the bid/ask spread" crap like webull and robinhood

[thin trail]

Im pretty sure there are hidden fees, same thing like webull & robinhood

A real crypto exchange like Coinbase, Binance, or FTX is best bet for crypto

[haughty prairie]

@thin trail is the discord stock screener predicting a market crash?

[tulip ermine]

They make their money on taker fees. It's really no maker fees. Which is crazy. So I always do limit buys/sells with ask+2 or something super close to an entry

[haughty prairie]

That was alot of sell signals

[tulip ermine]

Look at SPY and find where you think support is there

We are going through a healthy pull back

[haughty prairie]

I have heard that alot of people belive we are going to have a market crash in the US

[pearl zodiac]

Why are Ashi candles more effective than regular candles ?

[haughty prairie]

I have no idea

@empty solar might know

[analog onyx]

They are not, they are simply smoother, there is no evidence that Heikin Ashi returns higher profits than regular candles.

[haughty prairie]

Hey alex did the bot predict a market crash?

cause thats alot of notifications

[thin trail]

Our scanners on those timeframes triggered sell signals yes

[haughty prairie]

Well I dont know if you have heard but alot of people are taking about a market crash are those signals indicating that the crash will occur?

[cerulean stirrup]

Can someone teach me how to use the chart signal because it tells me to buy and sell so late

[summer vapor]

can these predictive range levels be used as take profit and stop loss levels? they worked really well today for my tesla shorts but is that what they’re meant for?

[livid frigate]

I recommend to use the reversal Zones, and that are zones that you can take profit

[analog onyx]

yes they can, the predictive ranges can be used to set very good take profits, stop loss should be set based on your risk aversion tho, but you could use the pred ranges for setting sl as well

[summer vapor]

Thank you!! And does changing the SR significance from the default 4 setting make much of a difference?

[livid frigate]

This is the SPY today in 1 min chart

That’s how I used and work very good

[analog onyx]

yes, if you are taking longer term trades you could use higher values, but 4 is very good.

[livid frigate]

I know that lux recommend 5m or more but I’m more aggressive and I’m been trading for years and 1m is the best for day trade for sureee

[summer vapor]

Sounds good. Thank you both! @livid frigate @analog onyx

[analog onyx]

we do not recommend 5, we recommend 15 min minimum.

[livid frigate]

15 it’s good for swing trade and crypto

But the stock market neh

[tranquil hearth]

i start thinking "hmm maybe i can enter a long here" and then i look again and the candles are just down

happens every time without fail

[livid turret]

for BTC/ETH the 15 min sigs are solid so far as I can tell

btc/usd and eth/usd I mean

[livid turret]

5 mins looking pretty good too though so long as you have confirmation. What is the algo based on? Like why am I getting a Strong buy or Strong sell sig?

[livid turret]

Where can I learn more about the liquidity/volitility menu that pops up by the bars?

[analog onyx]

here you go https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard 🙂

[merry vector]

Good morning everyone, i have a question if someone knows

How low can spac go pre merger?

Is it garantee that u can sell ur spac for $10 pre merger? Because if it is then they a lot of good spacs on the bottom now, that's mean there is no risk?

[royal sage]

Hi what would be the best time frames to use the system as i try 15 min nd 5 min but get burned 😪

[lone ginkgo]

i got burnt with 15 and 5 also 😓
im switching to 30.

[sturdy pier]

hi for BTC Time frame 1hours and 4 Hours what best setting

because i dont scalping i long term need best setting 1hours / 4 hours have anny suggest setting?

[royal sage]

Like i know what direction it is going in but just to catch those little scalps on indexes would be lovely

[sturdy pier]

any admin in here?

[lone ginkgo]

which chart you all use?
HA or candles?

[royal sage]

I use candles

[jagged venture]

@thin trail Hi Support, i'm asking for a friend who purchased the lux algo indicator on a quarterly subscription.. When a customers subscription has ended, is it automatically renewed again or do you have to repurchase the indicators filling out the form? 🤔

[thin trail]

It's automatic @jagged venture

[jagged venture]

OK, Thanx for letting me know

[thin trail]

no prob 😄

[sour jasper]

Great chart! What settings are you using for 1min on the SPY?

[livid frigate]

@sour jasper thanks I use sensitivity in 17 and agility in 23

@sour jasper this is today chart in 1 min, all entry are in profit

I like to not show to much signal but when I send the signal and confirm mi 15 EMA I am in

Hope that help

@sour jasper

And if you can see on the area for reversal is the best area for take profit

I’m only been using LUX for a week but I think I may used for a long time. I really like it for day trading

Also work on TSLA and ROKU, ABNB, PLTR

I think that’s one of a king setting jajajaja

Today in TLSA on king o hell short

[autumn gale]

Hi, are this 17, 23 apply to all your 1 min chart, or you changes for different stock. i am trying to find the suitable setting for cypto tho. (i only use Lux Algo for 3 days, kinda new to all different setup). Thanks

[livid frigate]

ROKU today

I think it work on the stock market I don’t trade crypto

But you can try it but first!!! Do back testing

For my to get that 17, 23 i been wake all night back testing

[autumn gale]

i am learning to use diff setting on 15mins or 30mins to get min noise..

[autumn gale]

will do, appreciate man.

[livid frigate]

Of course, I am here for help

[sour jasper]

Thanks!

[calm pivot]

Anyone know good forex channels?

[keen pine]

@arctic wyvern what setting are using Sir?

[livid turret]

Anybody have btc/eth pair settings?

[wooden solstice]

15/1

[tranquil hearth]

what platform do you guys use to buy stocks?

[hidden moss]

TD Ameritrade , Interactive Brokers

[plain kite]

How many length indicator ema sir?

[tranquil hearth]

Thanks!

[tranquil hearth]

senate passed covid stimulus

"check could arrive as early as 13 march"

[distant tundra]

What is the default setting for sensitivity and agility?

I feel like the more I have been messing around with the settings on the 30min and 1hr the more unsure I am...I need to step away

[empty solar]

12,26 🙂

[distant tundra]

Thank you

[livid frigate]

@plain kite 15 Ema and 180 SMA for 1m chart

[plain kite]

Can use for nasdaq us100?

[livid frigate]

You can used but I highly recommend to do back testing

I like yo entrar a trade buy break my EMA

[cerulean stirrup]

How can I trade gold on Meta trader I’m with oanda they don’t have the gold pairs or Bitcoin

[plain kite]

What the indicator, line green and red sir?

[analog onyx]

reversal zones, you can get them from the settings in 'indicator overlay'

[livid frigate]

Yes on the reversal it’s time to take profit

The EMA 15 is the blue line

That’s for 1m, now I’m working on one for 2m chart like Oliver Velez

@analog onyx the strong is when you suppose to enter right?

[analog onyx]

Thats up to you, in general following strong signals can allow you to go with the detected trend, you can avoid retracements.

[livid frigate]

Perfect

This is 2m on nio, and work also on AMD, 13 EMA, 20 SMA and 200 SMA. That’s Oliver Velez strategy

[plain kite]

Reversal zone like bollinger bands?

[analog onyx]

they are both band indicators, but unlike the bollinger bands, the reversal zones aims to constantly readjust themselves, looking for an optimal position, it would be more risky to trade breakouts using these, they are designed to find potential reversals.

[plain kite]

So this is like support and resistent?

[analog onyx]

you can think of it as a dynamic support and resistance indicator if you want yes, the upper zone would act as resistance and the lower one as support 🙂

[livid turret]

I have to say, these indicators are pretty amazing. Kudos who ever figured this shit out

[analog onyx]

Glad you like them 🙂

[livid turret]

What indicators/market action is the buy/sell signal boiling down to create a sig?

[vagrant grove]

The best software for TradingView

LuxAlgo the best making money in futures

[analog onyx]

signals are based on unique methods making use of fractal analysis. In short its advanced math.

[livid turret]

I use a calculator to give a tip, so thanks for doing the work

[dark basin]

I'm new to LuxAlgo, but whats the best timeframe people here have found success in

[thin trail]

!timeframes

[hidden moss]

Lux Algo works on any market internationally including stocks, indices, forex, futures and commodities on all timeframes including 1m, 5m, 30m, 1H, 4H, 1D, 1W, etc. You can utilize our system & signals for scalping, swing trading, or even trading options as well.

We generally recommend to try trading higher timeframes with Lux but many of our users optimize Lux for lower timeframes and find success.

https://luxalgo.com/apps/help-center#hc-what-markets-timeframes-does-this-work-with

[dark basin]

Thank you!

[thin trail]

really nice update coming tomorrow <@&641781267742064641> :))

[sturdy pier]

what updated?

[thin trail]

The main indicator is getting an update tomorrow AM

[vale ether]

Sounds interesting, looking forward to playing around with it

[lunar pagoda]

Just wanted to say I ❤️ this indicator. Has removed so much stress from me. I still use traditional charting but at least I don’t have to babysit my swing trades anymore thanks to the alerts. Well worth the money

[empty solar]

Glad to hear it 🤝☺️ thank you for the kind words

[proven escarp]

hi, the update is automatic or do i have to update myself? thanks! love ur work

[thin trail]

Once it’s live tomorrow AM it’s an easy manual process to update, takes 20 seconds 🙂

[proven escarp]

perfect i will look for it tomorrow thanks

[thin trail]

no prob!

[vital cloak]

Signal for gold today hit my SL same with Silver.

Any suggest foe best entry?

After the signal appear how many candle you have to wait before you guys enter?

The trade?

[elder pivot]

Thanks for the update, @thin trail - 3.4 looks good. Can you explain more about the "Auto confirmation signal settings"? I see it changes the results a bit, even with the same Sensitivity/Agility.

[empty solar]

@elder pivot Glad you like it 🙂 So that will optimise settings based on the dominant cycle period automatically and override the settings in the inputs

So even if you can't see those values changing they do behind the scenes

[elder pivot]

Ah, I see. Is it possible then that, if I take a screenshot of the same point in time several days apart, it will yield different results as it rebalances? Or does it only change the settings going forward?

[empty solar]

So it won't repaint anything reterospectively

So at a given point in time it will use X sens and Y agility

and then in the future it will use X2 sens and Y2 agility

but won't have changed the signals in the past

[elder pivot]

Acknowledged, thanks.

Didn't know if it rebalanced everything once. 🙂

One more thing... if that setting is checked, are the user-configured sensitivity/agility still relevant? That is, is it still relevant to periodically check in with optibot?

[empty solar]

If it's checked the user entered settings are totally ignored until it's unchecked

Totally overrides them

So optibot will still provide the "best" settings

[sturdy pier]

NEW SOFTWARE IS COOL

[empty solar]

thank you @sturdy pier 😄

[sturdy pier]

i think new updates better for long term / hodl

[empty solar]

But yep - optibot still no1 since it's a full test of every settings combo but this new auto configuration is nice if the asset isn't listed

@sturdy pier Definitely can help hodl 🙂

[sturdy pier]

because scalping sometime have a crap

lolz

[empty solar]

It's always a tricky one

[sturdy pier]

i want ask something

auto confirmatiuon signal what is that

and directional matrix mode what best option?

what best option for directional matrix mode

[empty solar]

So auto confirmation signal will automatically set sensitivity and agility for you to nice settings if the asset isn't found in optibot

[sturdy pier]

last updated is SMA

[empty solar]

and it's nothing is really "best" they are just different for that

SMA may be the simplest

I personally like linreg

[sturdy pier]

what best choice?

[empty solar]

Best really does depend but I'd recommend SMA

Most classical one

[sturdy pier]

what different?

[empty solar]

They are just different things e.g. SMA are simple moving averages

WMA is weighted moving averages

[stable nymph]

Lux is the predictive range gone now with the update?

[thin trail]

renamed TP/SL levels

[sturdy pier]

and S/R Significance if change what effect?

[stable nymph]

Ah I see thank you

[thin trail]

no prob 🙂

[thin trail]

S/R signifcance only changes the Support/Resistance Mode features

TP/SL Distance specifcally changes the TP/SL Levels Feature now

[sturdy pier]

did you mean if S/R Signifcance change can change TP/SL too?

and what option best setting default is 2

[thin trail]

S/R significance only changed the Support/Resistance Mode features

[sturdy pier]

hmm what best setting?

2 / 3?

[empty solar]

It's all preference - if you like swing trading I personally like 4

Some people may prefer 2

No such thing as best with these features

[sturdy pier]

TP/SL Distance what best option?

1-10 what best ?

[manic idol]

Thx guys for the new update, i am wondering if there is a point in running auto confirmation when backtesting or is it just for real time?

[sturdy pier]

default is 5

[empty solar]

5 works 🙂

@manic idol It's just for real time - backtesting will most likely always give the best results

[manic idol]

ok thank you

[stable nymph]

@empty solar so what's the difference between the new predictive channel and the predictive tp/sl?

I am looking to see if I can read about them

[empty solar]

The channels are basically not horizontal levels - can go diagonally and just try to predict the prices direction for that period

Naturally diagonal levels aren't as accurate or regarded as "strong" are horizonal ones like the TP/Sl predictive levels

[stable nymph]

Okay and they both are a type of support/resistance right

[sturdy pier]

did you mean better use TP/SL Levels feature and predictive channel?

use 2 indicators right?

[empty solar]

@stable nymph Yep 🙂

@sturdy pier Yep they are 2 different things

[sturdy pier]

because if use TP/SL and support resistance i think same function

[stable nymph]

Okay great thanks again

[warped nova]

The update doesn't mess with the predictive ranges correct?

[empty solar]

@warped nova Correct 😉

I know you love them hahah

Exact same just renamed

and some labels next to them

[warped nova]

great, thanks

[hardy field]

Nice one tradingview, app update required I think! Can’t add a new indicator meaning no updated Lux🤦‍♂️

[empty solar]

TradingView app is always funky 😦

[junior hound]

hey guys, anyone getting profit in TF M30?
Trying for a week... not yet getting those profs

[shadow junco]

Is their a way to use lux algo with pine editors for back testing strategies?

[empty solar]

@shadow junco Not currently I'm afraid

[turbid moss]

Auto confirmation gives less signals if enabled how to use it efficently

[empty solar]

Yep it can give less signals

[sturdy pier]

admin if state : ranging its a bears?

i mean bearish?

[analog onyx]

when state in the dashboard shows ranging, it means that the market is currently ranging, it is not making new higher highs or lowers lows, this indication does not show direction.

[sturdy pier]

can call it "sideways'? or people accumulation?

[analog onyx]

changing the used term is not planned at the moment, but a sideway trend and a ranging market are used interchangeably 🙂

[thorn hawk]

hello

new guy here

[drifting basin]

so the "normal turned strong" is gone now?

I was using that alert for my trading strategy. Can I please get an answer to this?

The alert is still selective in the Lux settings but it's no longer an alert you can create individually in TV alerts.

[empty solar]

We had to change it due to plot limits. You can set this using the alert any feature now

[drifting basin]

But how do I create individual alerts for those?

I use a bot that needs to use the message area to initiate commands

I can't use the "all in one" alerts

I can't use the "alert any" feature either

I need individual alerts with messages for everything

[empty solar]

I'll see what we can do

[drifting basin]

I will see if I can just use the normal buy/sell alerts for now. After all I use the bot for stop orders anyway.

I guess I can use the "alert any" for all buys/sell and see how that works.

With the "auto confirmation" feature enabled. (Which is what I've always wanted you guys to do and is AWESOME!)

[tulip ermine]

What crypto is being tracked in the the sample video?

[uneven lark]

Update is insaneeee

[elder pivot]

How do you estimate "Market control" on retail vs. institutions?

[lavish pasture]

New to lux, are the optibot sensitivity levels optimal to change everyday if you’re trading those stocks?

[empty solar]

That'd depend on the timeframe - if it's 5m you'd want to change daily

If 4h change once per week

5m runs every day however 1h and 4h run twice a week

[gusty scroll]

Do you focus on only one currency pair or multiple? I'm fighting with myself to try and decide what would be best and the most profitable

.... who here watches one pair and is profitable every week?

[lavish pasture]

What do you mean by one pair?

1m and 5m?

[livid turret]

So if we’re using optibot settings on BTC 4H they change weekly and we should adjust them?

If you trade I find focusing on 1-3 works very well to me but ultimately you can be very profitable just trading a single pair

[gusty scroll]

I mean only trading eurusd for example, nothing else

[livid turret]

And is optibot better settings then the auto confirm?

[gusty scroll]

Or whatever pair is your favorite

[livid turret]

Very successful traders can focus on one pair but good to have a couple back ups just for the action if your main pair is ranging or whatever

At least that’s what I do and been pretty successful with that approach

Long term holds/trades I have about 5 positions. Day trades 1 with maybe a couple others I’ll trade

[gusty scroll]

That's good to know, I think I have been loosing because of trying to "catch them all" where if I focused on less charts I could win more

[livid turret]

Yeah. Makes life too confusing. You want a chart that goes up and down. You don’t need to try to follow 10 of them unless you’re a bot

With 1-3 you get to know how the asset reacts to news and the cycles so I find it’s easier and far more profitable

[scarlet coral]

Does anyone here trade Fibonacci retracements?

I've been trying to learn them for the past 4 days, but I Just don't know how to Identify them

[gusty scroll]

Agreed, I decided I'm only going to trade spx500 for the month and see how it goes

[livid turret]

So I undestand on the update, the new auto setting means I dont have to change values for individual timeframes or assets? The indicator does this for us now?

[empty solar]

It is able to adjust itself yep 🙂

[livid turret]

Sweet... So should I try to dial in the sensitivity/agility anymore or am I best just leaving it on auto?

like does me adjusting those values override auto?

[placid pine]

@empty solar & Lux team thank you so much for adding the Confirmation MTF....🤑🤑🤑.

[empty solar]

Pleasure 😉

[vale ether]

Just checking the auto confirmation settings box will update sensitivity AND agility ?

[empty solar]

It won't sadly -pinescript doesn't support the updating of inputs via code 😦

[vale ether]

Oh, so you mean it won't update the text boxes? But the parameters responsible for the generation of signals get both changed?

[empty solar]

yep they will get changed behind the scenes

[vale ether]

Perfect, thanks!

And congrats on the update; great seeing it go from strength to strength

[empty solar]

@vale ether Appreciate it as always 🙂

[vale ether]

have to say, the desktop TV app isn't too bad.

[grand hinge]

Yoo was wondering what you guys think of the ticker TRCH ?

[thin trail]

https://www.tradingview.com/x/COFT6QMA/

@grand hinge i could see it range here, would have to watch these two levels for a clear break, but it's definitely at big support

https://www.tradingview.com/x/rApGgHa9/

gotta see how price develops around the levels

[plain kite]

Nice update auto confirmation

[thin trail]

thx @plain kite hope you enjoy!!

[plain kite]

i think this is best, because if timeframe 1 or 5 , no many signal

[thin trail]

yep it'll usually decrease amount of signals, helps you catch longer trends and really use them as confirmations

[plain kite]

Auto confirmation no need to setting sensitivity? Because iam already setting, but no nothis has changed

[worldly hill]

For me, Auto Confirmation seems to give way too many signals compared to using an OptiBot setting or just taking 2 minutes and adjusting the settings with the mouse wheel while watching the chart.

[summer vapor]

Agreed! @worldly hill optibot settings have worked the best for me

[plain kite]

Sir for lux volatility, if small votality score % is small?

[livid turret]

I assume the auto confirmation just adds the Optibot settings just more dialed in according to market conditions. that said, so far the optibot settings seemed like slightly better signals but I'm going to give Auto a try for a bit to see

[thin trail]

It's an adaptive feature based on the dominant cycle period, Optibot will always be the best settings

[thin trail]

Volatility low = Market is in a sideways state and a bigger impulse move is likely beginning to form.

[livid turret]

So the settings we find at Optibot are still more accurate that the auto?

Do you have an preferences on how Directional matrix is set?

[thin trail]

Yep generally @livid turret

Directional matrix now has multitimeframe confirmation signals which i find to be most useful!

[livid turret]

gotcha, thanks

and do the optibot sigs change from time to time? Like if im on BTC 4H, opti bot settings may be different next week/month?

[subtle bramble]

I am new here, by posting here, does that mean I am now a VIP?

[thin trail]

Yep they update frequently, will be announced on next update more specifics

[thin trail]

yep!

welcome!!

[subtle bramble]

Thank you for the welcome.

[thin trail]

[livid turret]

awesome. Thanks for the info

[thin trail]

no problem:)

[zenith lake]

What settings do you guys recommend for SPY on 15min timeframe?

[thin trail]

See #797529919499272224 @zenith lake 👍

[zenith lake]

@thin trail appreciate you!

[thin trail]

no problem:)

https://www.tradingview.com/x/xxRcO1SP/

25/28 has been performing great 🔥

[lofty forge]

Hi there. 25 / 28 are the sensitivity on settings?

[thin trail]

Yep in that screenshot, just got it from Optibot see #797529919499272224 for SPY

[round venture]

Guys

Pls is it possible to set trade alerts for buy and sell on pairs

Xauusd to be precise 15m time frame

[analog onyx]

what do you mean by trade alerts? Alerts that will trigger trades? This can be done using third party services such as 3commas

[round venture]

Already fixed it

Tanks God bless you

Looking forward to using lux to improve me

[real heath]

how do i get the legacey oscillator to show me proper uptrends and downtrends ?

wat settings should i use ?

[analog onyx]

use the settings that allows you to trade the price variations of interest, higher settings will make you trade longer term variations. You can also use 'auto-settings' or set them from optibot

[real heath]

auto settings, optibot....ok im a lil confused, and im a newbie sorry

[analog onyx]

see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo#auto-confirmation-signal-settings and https://docs.luxalgo.com/getting-started-with-luxalgo/discord-info/bots#optibot, our documentation covers everything 🙂

[lapis kestrel]

Hi, i am new to Crypto trading and cannot understand the meaning of "Premium" could you please tell me what it represents?

[thin trail]

So you mean premium by Lux Algo Premium? or within crypto? @lapis kestrel

premium within crypto usually refers to spot price vs futures price

whereas there’s a futures premium when the price of a crypto is a bit higher than the actual price of the asset

[lapis kestrel]

Thx Mack

[thin trail]

no prob!

[icy surge]

hi can i set up lux algo confirmation signal alert to 3commas bot ?

[empty solar]

You can; it's possible 🙂

[midnight radish]

Is there a guide for that please?

with webhook or something?

[empty solar]

You could find that on 3commas website; it's not something we provide guides on

You can do webhooks within TradingView

[icy surge]

nah with webhook please guide for that please

[empty solar]

That's most likely on their website 🙂

[midnight radish]

so there's a guide on 3 commas on how to accept the webhooks ?

[empty solar]

I'm not too sure but I'd assume so

[midnight radish]

kk will check

[empty solar]

We don't provide any resources or really recommend automation so it'd have to be something you do at your own digression

[hexed pawn]

this new Lux Oscillator version doesn't seems to be good enough .. the previous one where it use to show it with red & blue color was more useful in identifying the trend and movement. Is there any way to go back to the older version

[empty solar]

It's still in Lux.

You select Legacy Oscillator

In the oscillator settings

[real heath]

thats actually the oscillator i was looking for.....the old one

[empty solar]

Yes.

It's in the settings

[real heath]

how do i we get it

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator#main-settings

[hidden moss]

First day using Lux Algo, extremely impressed. I trade full contract futures, and options on futures. I can see the potential for those who trade Nadex binary options. Outstanding job Lux Algo Team!!!

[hexed pawn]

the previos one had points upto 600 .. this legacy oscillator is having points upto 2200

[empty solar]

Yes vik

You need to change the length

[real heath]

are these the correct settings for the old lux oscillator ?

[empty solar]

You'll see it changed

Change length back to 14

@hidden moss Appreciate it 😄

Thank you 😄

[hidden moss]

Here's my setup...

[real heath]

whats the indicator above the lux oscillator that your'e using ?

[hidden moss]

It's the Schaff Cycle Trend. As a data scientist I love numbers. Look for STC @real heath cheers

Oh sorry, that's an ADX

[real heath]

thanks, how is it used ?

[hidden moss]

Here you go, with settings

When green crosses red, bullish. When red crosses upward green, bearish. I got the idea from one of the Lux power users...

Hope this helps

The trader is Paul Klaszus

[real heath]

thanks, one more thing n im done bothering you....whats the indicator above the ADX n how is that used ? i believe its in the lux algo i just dnt what its named and how to find it

[empty solar]

ADX isn't within Lux it's seperate and used for detecting trend strength 🙂

[hidden moss]

It's the Schaff Cycle Trend. As a data scientist I love numbers. Look for STC @real heath

Yes, that's correct. All you really need is Lux Algo with the right settings 🤓

STC green is bullish, red is bearish. Sorry guys to have hogged the chat. I'll make a video of my setup and share to the community. Later

[real heath]

thanks, looking forward to it

[real heath]

the oscillator still isnt right, plz what are the correct settings for the old oscillator ?

[empty solar]

Length 14

Legacy

[real heath]

for some reason mine look nothing like the way its on the youtube video

[empty solar]

What do you see?

You need to select Legacy in type

and then just change the length to 14

or whatever you want

[haughty prairie]

What does confirmation mtf mean?

[thin trail]

multi-timeframe signals

[haughty prairie]

Thanks

@thin trail can I talk to you in DM?

[thin trail]

sure!

[haughty prairie]

Thank you I appreciate it

[bright dawn]

Been watching spy before playing and the chart has been on point every day. Today I make my move and of course it was doozie 😤

[warped nova]

@empty solar hey, where the heck is the new predictive ranges?

[empty solar]

@warped nova

It's renamed

[real heath]

got it, now its propet....thanks

[warped nova]

@empty solar got it, thank you kindly

I was freaking out man!

[empty solar]

ahhahaha

it's not going anywhere

don't worry

[warped nova]

Can I get a 1 minute Optibot?

[haughty prairie]

@warped nova I would not recommend using lux algo on 1m time ranges unless you have traded on 1m time frames before

[warped nova]

I have and do but very fair warning

@empty solar why is there a "retail control"? How is that helpful and how do you even know that information? Using black box?

[empty solar]

It's just some math to try and calculate whether institutions are buying

[warped nova]

Ha!

"it's just some math"

Never change Mr. Lux Admin Gecko

[thin trail]

maths by the wizard actually

[warped nova]

How is Lux proposing to utilize it?

At the moment it seems silly to me

I don't understand it

which is why it seems silly to me

[thin trail]

it is an estimate by analyzing liquidity

[warped nova]

with you so far

[thin trail]

on higher timeframes, it will likely be more accurate of course

but it just shows whos more in control / participating in the market

small players vs big players

basically

[warped nova]

any recommendiation on use? For example if I see that retail is in control over 80% does that mean a reversion is likely?

[thin trail]

it could be a good additional metric to consider, i wouldn't say it's reliable on it's own

but yes, retail over 80% during a strong uptrend could be indicative it may not last

as an example

[pearl blade]

when there is a high "control" due to retail, thinks that banks will come to make profit

[royal sage]

Where can u change Sensitivity and Agility after update ???

[empty solar]

Within the settings still there

[haughty prairie]

@royal sage You can change the signals agility under advanced settings and you can change the Sensitivity under basic settings

[royal sage]

@haughty prairie thank you bro

[haughty prairie]

Anytime man

[warped nova]

@empty solar can I get a 1 minute OptiBot?

[empty solar]

We can look into it but has a few issues associated with it

[warped nova]

okay, thanks

I'll take 2 minute as well if 1 minute too much of a problem

[keen thunder]

Anyone using this indicator on 3commas? If so, does it work well?

[real heath]

how do i access the market scanner ?

[empty solar]

#🔔scanners-premium

^

[uneven spear]

Any good brokers to trade metal?

In usa

[glad talon]

quick question, when the bot scanners sends SELL signal it means you have to sell if you can ? or also run shorts? this is like the 4th time when i see a SELL signal and the price goes up

[haughty prairie]

@glad talon The signals are all used to confirm a trend or not after you have looked at your other indicators. Make sure to look at your indicators and trade off using a trading strategy. Dont rely on the indicators as buy and sell signals or else you could lose money quickly.

If your new to stocks I would recommended a RSI Strategy or a MACD Strategy

[glad talon]

i just started trading crypto and only runnin $10 USD - shorts/longs, trying to learn and work with lux

this is where the sell signal went off

but you are right, i need to check the indicators or wait for confirmation before making a move

thanks!

[lapis kestrel]

How do you short Crypto?

[glad talon]

im using binance

theres all sort of trading options on binance

[lapis kestrel]

Thank you Vanduzco

[round venture]

@hidden moss pls how do I get signals sent to the discord

I saw on the review earlier that there is a section for it

[soft lynx]

does anyone know of a cool way to generate alerts based on multiple indicator values?

i had a Google and can't find any description that covers doing it without access to indicator code

[royal sage]

Whats 3 commas ???

[analog onyx]

you must set a webhook url when creating an alert.

[analog onyx]

3commas is a service that allows to trigger orders based on tradingview alerts.

[round venture]

So how do I go about it then

[royal sage]

cool how can i set that

[analog onyx]

you would need to create a server, create a webhook and get its url, see https://support.discord.com/hc/en-us/articles/228383668-Intro-to-Webhooks and additionally https://www.tradingview.com/?solution=43000529348

[analog onyx]

I am not familiar with 3commas, but i guess it uses webhook, see https://3commas.io/trading_view

[round venture]

Do I need discord pc client to be able to create webhooks? cos I can't on my mobile

[analog onyx]

If it doesn't let you create a webhook on mobile then try on the online/desktop version 🙂

[round venture]

@analog onyx okay I created it but damn this procedure feels like maths test pls yall should make a video for us soon on this. Thanks in advance

[empty solar]

Sending alerts to discord isn't really something we promote since if it's a public server it's against our ToS and we want to try and prevent that :) if it's a private server for just you that's totally fine of course

We may consider covering how to do it though

[round venture]

Okay thanks again

[turbid epoch]

Hello. I have a question regarding leverage trading on Binance Futures for example. Are there any overnight fees or interest if I open a trade with 10x leverage for 24 hours? Does anybody have any experience with this?

[waxen root]

Hi, whats thge default configuration of the agility and sensitivity?

[empty solar]

12 sens

26 agility

[waxen root]

Thanks

[barren beacon]

Hello team, I am new to lux system.

I trade commodities, please share me crudeoil settings for lux algo.

Thanks @Gecko#1644

[muted dove]

Shorting is essentially selling when you think the price of crypto is moving down.

[waxen root]

hi, where can I see the signlas? I understud that insight of the community thers a place where I can see the signals from many currencies

[empty solar]

Discord signals or on the chart?

[round venture]

Pls who also trades gold here

Pls let's exchange trade ideas

[barren beacon]

Can someone reply my query.

[empty solar]

Optibot doesn't currently support crude oil

But i'd suggest watching:

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

[twin hornet]

Where can I find discord signals?

[empty solar]

#🔔scanners-premium

Opt in here ^

[waxen root]

Discord

I cant log in, seams that I need a permit:

[thin trail]

click the numbers and it will show up:)

[fair shard]

where can I get support ?

or is there a ticket system ?

[analog onyx]

you can ask your question here 🙂

[empty solar]

^ Or if private you can DM 🙂

[unborn vessel]

Anyone longing btc,, wats ur Tp zone 🤔

[knotty badge]

Is anyone using 3 commas with Lux?

[thorny socket]

what's 3 commas?

[jolly chasm]

What’s everyone’s strategy they using with lux?😃

[rapid topaz]

3commas is a trading bot

[true jasper]

Hey everyone - long time no chat... things have been super busy as of late, and so I miss all y'all! But I'm back in the saddle here and going to be pumping out some more content! For starters: here's a video for people who are just looking to get started with Lux, using only two indicators! (Lux and WAE) https://youtu.be/CsDmD-p16rM

One pair, 75m chart over one month... 14% returns on the simplest trades

[rancid moat]

Hey guys can anyone please recommend me a broker to trade BTCUSD For mera trader 4? Would really appreciate it.

[keen lodge]

@true jasper Did you tried 'Auto confirmation signal settings' in 3.4 already? How do you feel about it?

[true jasper]

It's not bad - it's good and basic, good place to start to get used to how Lux Algo works, but I'm a diehard fan, so I adjust settings on every pair for every timeframe about once every 500 bars

[real heath]

ive been losing alot of money with lux algo....i think i need to learn how to profit with this thing

[true jasper]

always ask for help... this community is allstar-quality

what kind of strategy do you like to employ?

prior to Lux, that is?

[real heath]

well im glad u answered @true jasper

[knotty badge]

What settings are people using for BTC on 1 hour and 5 min chart?

[haughty prairie]

#800747939226976266 #797529997731561522

[half loom]

I really find it hard to use with stocks, day trading on 1-5 min

Alot of fakeouts but then again im new, maybe settings or something

[empty solar]

the 1-5m are not timeframes we recommend

High frictional costs

Wild movements

most traders shouldn't go <15m

[knotty badge]

Okay

[real heath]

i traded naked, and i did lot of scalping....but im trying to learn to trade and not gamble....Lately ive been using the lux oscillator, and the eq cloud

[knotty badge]

I’ll go for one hour

[true jasper]

yeah.. @half loom I like to scalp, but oooo stocks.. that's just asking for a beating. lol

[haughty prairie]

Do you use any other indicators that are not created by lux?

[half loom]

Lol, so for stocks 15m is more ideal (DAY trading intra day setups)

[true jasper]

@real heath niice.. I learned to trade through scalping for about 18 months on a demo

What kind of setup do you currently use? @short kayak has some good scalping strategies and indicators, I've got some as well

[real heath]

ive been scalping on a demo for a few months also, but thats too risky for me

[true jasper]

@half loom ... mmmm I don't play in stocks much at all, except on the daily chart... I find more consistency with FOREX and metals and indices

[knotty badge]

I’m getting error when using Pux Lago

lux

It says study error

[haughty prairie]

In my opinion a good strategy to use is the RSI Strategy. It is simple to understand and is great for beginner traders.

[true jasper]

yeah.. just close it out and relod @knotty badge

[half loom]

what about NAS and DOW?

[true jasper]

yyyep... I hit those up fairly regularly

[half loom]

5 min chart?

[true jasper]

I use my dumb trading strategy on thems

[knotty badge]

It’s still giving me the same error

[real heath]

doesnt lux have an RSI ?

[true jasper]

na man.. if I'm going to be glued to a screen, I need more opportunities than what the 5m chart offers

[half loom]

What do you use the if you dont mind me asking? 🙂 1 min? Or u mean higher

[true jasper]

in 2-4 hours, I might only take 3-5 trades on the 5m... but in the same time, I could pull off 10

on the 1m, yeah

[haughty prairie]

They have a rainbow RSI indicator for free but I use the RSI that is made by trading view

[half loom]

do u use the standard settings for it? Sorry so many questions lol

[true jasper]

here... try this on for size: https://youtu.be/nG_jqh1BR6o

[knotty badge]

dude what’s going on??

I can’t seem to get Lux algo to work

[true jasper]

quick walk through of my strat

[knotty badge]

it gives me an error

[true jasper]

hmmm... odd @knotty badge ... still? after Xing it out and reloading it?

[knotty badge]

yeah still

[true jasper]

super weird... @empty solar have any more ideas for @knotty badge ?

[real heath]

whats the difference ?

[knotty badge]

I don’t have invited in indocators

[haughty prairie]

I dont know I have never used the lux rsi indicator

[real heath]

this says gold

[empty solar]

Try log out then in 🙂

[real heath]

how is the RSI used ?

and how is lux legacy oscillator used, for sum odd reason im fascinated with it

[true jasper]

The strategy is identical to how I trade everything on the 1m chart

[haughty prairie]

It is used to detect overbought and oversold market conditions. Typically when a stock is overbought we can expect the price of a stock to decrease. When a stock is oversold we can detect that the price of the stock will rise.

[real heath]

i trade forex

[haughty prairie]

It works on forex as well

[real heath]

where i live we're not allowed to trade stocks

[haughty prairie]

Here are some examples https://twitter.com/ColemanButler4/status/1369681443920568323

Coleman Butler (@ColemanButler4)

🚨 $GME

Gamestop has just entered an overbought level on (2H,3H,4H) Time frames.

⚠ Multiple Time frames are also approaching an overbought level to be careful for those who are holding GME. The price will continue to rise but make sure to be smart about what you do.

Twitter · Mar 10, 2021, 4:07 PM

[true jasper]

I trade everything, up to the 15m chart with that very strategy.