💬hangout

[real heath]

so basically if its overbought sell, if its oversold buy ?

[true jasper]

I'd caution against that.. look for other confirmations

I like checking volume with WAE

[real heath]

thanks i'll watch asap

[haughty prairie]

Sell when it crosses below overbought. Buy when it crosses oversold.

[haughty prairie]

Yeah some other signals that I use to confirm is MACD and a double BB strategy that I use. I have different settings on TD Ameritrade than I do on that chart so it will look a little bit different. Than what that chart looks like

[haughty prairie]

https://www.investopedia.com/terms/t/technicalindicator.asp use that and look around to see what indicators you like. Thats what I did when I started to get into stocks.

[real heath]

thanks bcz thats exactly what i wouldve done, just using an RSI alone....im a newbie btw

[empty solar]

See our free indicators too 🙂

Some world class work there 😉

[real heath]

one last question. how do u guys use the the lux legacy oscillator and the EQ ?

[true jasper]

I'd utilize the oscillator (legacy mode) waaaayyyy before I use RSI and MACDs in forex. There's no such thing as an 'overbought' or 'oversold' state of currencies

[true jasper]

I reference the EQ to evaluate the trend; not much else

[haughty prairie]

Is legacy mode better than RSI for stocks?

[true jasper]

as you familiarize yourself with some of the pros here and see their strategies in action, you'll be running in no time

@haughty prairie - I'm not sure - I haven't backtested the two side by side. RSI is probably fine for stocks, I just don't bother because that's what most traders use

[real heath]

well im trying lol....and the legacy oscillator? how is it used ?

[true jasper]

I never do what most traders do

Because most traders aren't profitable

[haughty prairie]

true

[real heath]

honestly ive heard ppl say use the RSI but ive come to the same conclusion abt it, funny tho i havent used it...i always thought if ur not profitable using it, what makes u think i'll be profitable using it, so i just never used it

[empty solar]

^ 99% if the strategy involves bollinger bands / rsi / macd it won't work

[haughty prairie]

I use all 3 I guess I have gotten lucky lol

[true jasper]

I use the oscillator more as a visual...

once I get an alert of a price crossing my baseline, I check my indicators.. the oscillator being one of them

[haughty prairie]

What do the numbers on the side of the oscillator mean?

[true jasper]

Good question.. I don't know. lol again - I just use it as a visual

[real heath]

if the oscillator is red it signifies a downtrend right and id sell right ?

[haughty prairie]

Do you use it to confirm if a signal is false or not?

[empty solar]

Yes in theory

[true jasper]

Na.. it's not a deal-breaker... if you check my video, you'll see.

[haughty prairie]

Have you become alot more profitable when you incorporated lux into your trading?

[true jasper]

indeed... Not because I found more opportunities to trade, but because it did help me avoid some bad entries

[haughty prairie]

How did you know it was a bad entry?

[true jasper]

trading against the cloud, for example

sometimes, the confirmations are not lining up nicely

[haughty prairie]

How do you read the cloud I dont get how the cloud works

[true jasper]

so I avoid the entry

ooo

I colour the leading edge of the cloud.. helps tremendously

Cloud1

[real heath]

neither do i

[empty solar]

You can find everything documented 🙂

!docs

[true jasper]

then.. if it's on the top, it's a bearish trend... when it's on the bottom, it's bearish

[hidden moss]

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

[empty solar]

Just search for any feature

And it'll be documented

[true jasper]

but but but... I LOVE conversations. lol

[haughty prairie]

lol

[true jasper]

but ya, guys - their documentation is stellar

[haughty prairie]

I have a better strategy throw all your money into GME

[true jasper]

I've been trading since 2017 and these guys constantly blow me away

[haughty prairie]

lol

[half loom]

What is this cloud we speak off

[haughty prairie]

I started trading about 7 months ago but am trying to learn more everyday lol

[real heath]

trust me ive read...its way too much to read and dnt get me wrong i understood a few things on it....but i just need things to be explained as simple as possible

[true jasper]

man.. stocks are so risky to me. lol.. it's like, if I can't close a trade when I say close, I get MMAAAAD

[haughty prairie]

lol

[half loom]

I only trade stonks lol

Maybe lux aint for me

[empty solar]

It works for stocks 🙂

[true jasper]

cloud:

[half loom]

Is there a youtuber that trades stocks i can watch?

[half loom]

for an example

Thank u

Ah wait im on 3.4 @true jasper ?

[real heath]

exactly....too risky, no stop losses

[true jasper]

ya man.. it works for stocks.. I just don't trade stocks except for the daily.. and Lux RULZ the daily

yeah.. it's on 3.4 - i just haven't updated that layout yet

[half loom]

I cant find it 🥺😅

[true jasper]

standby

[half loom]

Thanks dude

And thats basically support and resistance?

[true jasper]

most welcome

mm.. not really no

it's two moving averages offset, so it draws a cloud based on trend

[real heath]

@true jasper y is the video in black n white ?

[true jasper]

oh... good question @real heath

[half loom]

can you explain the cloud and how its used for (if you can)

[true jasper]

I have an answer

https://youtu.be/kGOtJas8ld8

[real heath]

ok cool

i have a bad habit of not setting stop losses

@true jasper what ema's do u use...

[true jasper]

EMA on 7

[true jasper]

Ya you gotta get in the habit

Money management is the second most important thing you can possibly work on

[real heath]

i try to only risk 5% of my account on a single trade...but of course without stop losses it skyrockets above that into losses lol

@true jasper what all indicators do u use in the video, i see abt 2 more i dnt recognize

[true jasper]

Ooo.. yeah - 5 is a little high, unless you’re absolutely iron-clad +60% wins

Absolute Strength Histogram, and WAE

I also like Didi

It behaves similarly to ASH

[real heath]

@true jasper can i get a breakdown on how do i use em if its not too much to ask ?

[royal sage]

@true jasper can u tell us the colours u use please i mite give it a go , thank you

[true jasper]

Ya. Tag me here in a couple hours. I’m away from the desk for a bit

[true jasper]

Not too much to ask at all. I’ll make some videos

I’m back!!!

[real heath]

thanks

[dim light]

Hello Lux fam! new and glad to be here.

[empty solar]

Welcome 😄

[native latch]

Hi guys ! Where can I find the buy and sell signals on discord for crypto ?

[empty solar]

#🔔scanners-premium

^ opt in 🙂

[glad talon]

hey guys, for those doing forex, i just started with a demo account on ICmarkets, if i would like to do day trading, what time interval would you recommend starting on? 1h 2 4?

[jolly chasm]

Use All of them

[woven ore]

Hello,anyone trading gold? To tell me what's happening please?

[dim light]

@empty solar is there a way to use Lux in my phemex trading view window?

[native latch]

How do I get the crypto signals from discord ? So I can get notifications on my phone

I entered the reaction roles chat, but I didn’t see any signals there.

[empty solar]

@dim light I'm not too sure but if that's a third party afraid not

@native latch Should be all good 🙂

I see you're in the roll

[native latch]

Yes. But I needed it specially for btcusdt.

[empty solar]

Oh if you only want btcusdt you need to set your own alert

!alerts

[hidden moss]

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

[native latch]

Well I mean not quite alerts, but signals.

[empty solar]

On the charts?

[short kayak]

Does anyone know , if I combine indicators on TradingView will it combine the alerts also ?

[void tide]

I've been searching tirelessly to see if how to combine your indicators for one alert

Along with the lux oss an the lux signal but to no avail

[short kayak]

Yea I’ve been searching also , it will take some of the timing issues from my bot . If you do find anything hmu I’ll compensate👍🏽

[void tide]

I do know martin81 was able to code all his indicators for one strategy but it's almost impossible to get a real response from him sometimes. The biggest thing I'm finding is having the alert hit when both of the indicators change colors at the same time.

[empty solar]

Sadly it's not possible within TV

[void tide]

Oh so there's ways to code indicators from the library but having the lux indicators coincide with a particular strategy is almost impossible.

[short kayak]

Yea, I was using this one website called Alarumist. They would send alerts to telegram only if both alerts were triggered in TV. But they no longer work .

[worldly hill]

I'm trading mainly 30 minute charts, a few 1 hour, and AUDCAD on 4 hour (because the lower time frames were too choppy). I am using OptiBot settings where they exist, otherwise I visually optimize. Raise sensitivity until there are not so many ranging signals, then slowly increase agility until some of the entries and exits become WORSE, then back off. I enter according to the alert and put a huge stop outside structure. When I tried setting a stop loss using some moving average variant, chandelier exit or stop, parabolic, etc, the stops hit. Now if the trade is bad, there is a small loss due to an opposing signal.

[thin trail]

Awesome to see how you use it @worldly hill nice work! 🔥

[dim light]

Recommended time frame for trading BTC with algo?

[thin trail]

That's mostly up to your personal preference, it can be optimized to work on any timeframe @dim light

[dim light]

@thin trail Ty good sir

[barren beacon]

Share me Sensitivity and agility recommend settings for 15mint charts.

[thin trail]

#797529919499272224 <--- @barren beacon

[barren beacon]

Mack, I am looking for crudeoil and natural gas settings. I didn't find any settings for that.

[thin trail]

Ah, yeah we are likely going to have that added soon.

[barren beacon]

Glad to know, will be waiting.

[thin trail]

https://www.tradingview.com/x/w7rWO1nI/

default is doing quite well as of now

[soft lynx]

Been looking into this, don't think it's possible without code access to all the indicators

[tranquil notch]

How can you add a alert for candles crossing the middle cloud? I am having great difficulty activating this

[analog onyx]

try the following alert, then create another one but select Cloud-2 instead of Cloud-1, you can also use 'Entering Channel' instead of 'Crossing'

[junior hound]

Been using HMA in 200 and finding good confirmations along Lux Algo Indicator, always going with the trend, skipping contrary signals.

[river blade]

SR levels working amazing for knowing when to get out of a trade

[tranquil notch]

What is the difference between cloud 1 and cloud 2?

[river blade]

By the look of that you could almost take every buy and sell as the big moves would counteract any of the small losses. Not that I’d ever do that cus it would be stupid

[empty solar]

They are quite cool 😉

[empty solar]

They are the 2 lines that make up the cloud

So I'd have to check for you which is which

But you can go into the style settings; find cloud 1; change it's colour to Red to identify which is which

That's how I remind myself :)

[tranquil notch]

Thanks you’ve been great help

[barren beacon]

What timeframe you are using ?

[pearl zodiac]

@empty solar are you good with python ?

[empty solar]

I have been known to dabble 😉

[dull moat]

@empty solar When are you planning to put the optimized settings for US30? I am surprised there are no optibot settings for it.

[vapid yoke]

Lux Algo + 3commas 🚀🚀🚀

[empty solar]

We are still working through getting everything; finding data providers is something we are working on 🙂

[dull moat]

Can’t wait 👌🏻 you guys are doing gr8 job!

[empty solar]

Appreciate it 😄

[vapid yoke]

Was there any reason liquidity was removed from the dashboard?

[thin trail]

lack of usability

[vapid yoke]

I was using it

[thin trail]

ah :// Well, the new Market Control analyzes liquidity to estimation retailvsinstituions % control !

[vapid yoke]

👍

[jolly chasm]

What currency pairs do people trade with lux?😄

[worldly hill]

I think BCOUSD is another name for Brent Crude Oil/UKOIL. You can try the same settings for USOIL/WTI and then try to optimize visually.

[waxen root]

Hi, eny one knows where can I get more info about the section call Cnfirmation inside the dashboard?

I´m getting on a trending market, confirmation Sell and Contrarian Sell

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#dashboard-elements

[waxen root]

For me makes no much sense

[empty solar]

Contrarian signals oppose market direction

and aim to pinpoint a top/bottom so will naturally go against a trend

Confirmation go with the market direction

[waxen root]

Yes, I read that part and do not explain why I can get the same state in a trnding market

[empty solar]

So go with the trend

So let's say the market is trending up; confirmation signal will be in a BUY state because the market is going up. The contrarian signal may say SELL if it believes the market may reverse

[waxen root]

But it shopuld not be contrarian buy? Or it has to be with the sentitivity or agility?

[empty solar]

Nope because if the market is trending upwards you can't get a contrarian buy

Since it will always oppose market direction

[waxen root]

the market is tranding down, COnfirmation Sell, contrarian sell

[empty solar]

Yep so the last seen contrarian signal was a sell

Let me send a picture

By the way you don't have to use contrarian signals if you don't like them; they are very different with how they work

Take this section of chart

Where the arrow is; the last seen signal was a strong confirmation buy

and a contrarian sell

Or here; the contrarian buy signal appeared and then the confirmation appeared

So the dash would have buy and buy

[waxen root]

is the 3 time that you answer me to not use the things inside the dashboard instead of providing help and answers.....

How can I contact the other guy? If I´m not mistaken his name is Alex

[empty solar]

errr

I did just explain it to you with pictures too 😦

[waxen root]

yes perfectly explain, I ask you to understand why I get a Confirmation Sell and contrarian Sell in a down market

[empty solar]

And I did explain see the last picture I sent; I'll fetch another 🙂

[knotty badge]

Admin - the sensitivity on the 15m chart ETHUSD needs tweaking. It’s not picking up the buy signal correctly

[waxen root]

Can you please explain again that in your charts you talk about buy and sell, sell and buy but not sell and sell in adown trend market

[empty solar]

Pretend the dashboard was here

[knotty badge]

Also when does the strong buy signal activate? At the candle close or open?

[empty solar]

You can see the last contririan signal was a sell

and the last confirmation was a sell

[waxen root]

Yes in that part I get sell and sell

[empty solar]

@knotty badge On close

[waxen root]

Is that correct? In a Down trend confirmation Sell and Contratian Sell

[empty solar]

Yep that's totally possible

[knotty badge]

Based on the signal I entered at 1300 GBP / ETH

This better be good

[empty solar]

@knotty badge You should not be entering blindly using signals

[knotty badge]

then what is the point of this indicator ?

it was a strong buy

[waxen root]

Super clear!!!!! In a down trend the contrarian signal is sell instead of buying

[empty solar]

They are called confirmation signals because they are there to confirm a market direction

So let's say you get a strong buy

[waxen root]

Why is not buy instead of sell if it´s a Downtrend?

[empty solar]

On the 15m; you check the oscillator; check the other tools that you use; and then enter

[knotty badge]

yeah i placed my trade at the strong buy on 15 min chart

[empty solar]

@waxen root Because it places the last seen signal on the dashboard

So before the trend started going down it showed a sell

So that'll be displayed on the dash

@knotty badge Let me give an example:

[knotty badge]

Oscillator is above 50

[waxen root]

How can I contact the other guy? If I´m not mistaken his name is Alex?

[empty solar]

So as you can see on this screenshot; we see the price on a reversal zone in a ranging market

So yep there's a strong signal but it may have been a good move to look for a re-entry

[knotty badge]

how do u know it’s reversing?

[waxen root]

hi, minutes ago I got in Forex, Inside the dashboard, on trending market (going down), Confirmation Sell and Contrarian Sell. Where can I understand what does it means?

[empty solar]

The reversal zone @knotty badge

[knotty badge]

the red zone?

That came after the strong buy signal

[empty solar]

The reversal zone would have been there when the signal printer

ohhhh

are you using HA candles?

[knotty badge]

Yes

[empty solar]

ahhhh these are not a standard candle type so optibot only optimises standard japense candles

If you're using HA candles maybe stick with default settings

[knotty badge]

Which is?

[empty solar]

12 and 26

Basically Heikin Ashi candles of course aren't real price values so we don't work around them too frequently

They can smooth data nicely

[knotty badge]

Alright.

There still some bad signals using the standard candles using the 40 and 35 settings on 15min chart

10th March 17:30

would have made a loss on that trade if entered

[empty solar]

Yes you need to be aware that not every signal is correct and it's why the user has to have a strategy and use filters

[knotty badge]

so what other tools can you use

[empty solar]

Everything built into lux could be used to build a strategy e.g.

"Don't take trades in reversal zones in ranging markets"

That's an example

The other would be use the oscillator to filter signals

Or if Lux volatility is way too high

There's really countless uses

[rocky marten]

Just to say, the auto confirmation signals option on the new version of Lux Algo is brilliant! You guys are doing amazing work.

[tranquil notch]

How to set up a alert for when the legacy oscillator changes colour ?

[empty solar]

@rocky marten Appreciate it 😄

@tranquil notch You select when legacy main crosses legacy trigger in alerts 🙂

[tranquil notch]

Can you show me please I have been trying this but not working?

[empty solar]

@tranquil notch ^ 🙂

[tranquil notch]

Many Thanks

[waxen root]

Hi, any one knows if the EQ Cloud works as a Supply and Demand or as Support and resistance or is just a trend indicator?

[stable nymph]

@empty solar why is it the predictive range levels change when I switch from heikin ashi to regular candles?

[empty solar]

@stable nymph Because HA candles and regular have different values

So let's say the predictive ranges are calculated using a candle with value X (being normal candle) and a candle using value Y (a HA candle) they will display at different levels

So everything within Lux will base calculations on the data on the chart

[empty solar]

Can act as both really 🙂

[stable nymph]

Okay I thought it was something like that. Thanks 🙂

@empty solar one more question. I apologize if you've already covered this somewhere but how does Lux determine if retail vs institutions being in control?

[empty solar]

Totally ok :) That's Alex's creation; he's taking a few days break but will be back soon to give some insight into that math

[stable nymph]

Okay awesome, I'm very curious about that!

[tacit rain]

Does anyone know how to setup auto trades from trading to mt4

[fair sun]

Hello. I can not get the same signals as in the live broadcast. Can you recommend algo short position?

[knotty badge]

I think lux works better for stocks

For crypto it can give dodgy signals

[tranquil notch]

Hi did you find out which one is cloud 1 and cloud 2?

[empty solar]

Cloud 1 is the longer slower reacting line

[fair sun]

short and fast?

settings

[warm pendant]

Any recommended strategy for XAUUSD on lux?

[empty solar]

Optibot will 🙂

[warm pendant]

Currently im using mix with crossover but my trades feel like not as sharp as I want to... any advice?

Optibot is setting for the sensitivity and agility right?

[empty solar]

It is yep 🙂

Those look good

[warm pendant]

Umm... thanks

[empty solar]

If you're looking for bottoms I see you already have reversal zones and TP/SL features which are quite good at tops and bottoms

[waxen root]

Hi, on the next images an alarm that went off with anything on the chart. What could be wrong? Also the alarm was set with the estandar configuration same as the one in the chart

[empty solar]

That seems to be a contrarian alert

Which it doesn't look like you have turned on on your chart

[haughty prairie]

Your too fast gecko

[empty solar]

😉 It's what lizards do

[haughty prairie]

WHAT!

how did you type that so fast lol

[empty solar]

hahah i spend all day here answering queries so i get good at it

[haughty prairie]

did u know I was gonna add mark zuckerburg?

[empty solar]

😉

[haughty prairie]

lol

it was like a 1 mili second delay lol

[waxen root]

👍

[knotty badge]

Why does the sell indicator always come below the bar

[haughty prairie]

You can change that if you want

[knotty badge]

How

[haughty prairie]

Press the gear icon on lux algo premium

go to style

Then it will say above or below

[knotty badge]

that’s not what I meant

[haughty prairie]

what did you mean?

[knotty badge]

I’m talking about the signal when it is triggered

it is triggered when the candle is complete

[haughty prairie]

so are you saying its saying sell low and buy high?

[knotty badge]

The strong buy signal is way off

yeah

[haughty prairie]

oh adjust your sensitivity and agility to your preferences

[knotty badge]

I tried but it doesn’t work

[haughty prairie]

sensitivity will help get those ideal tops and bottoms and agility will filte rthem

make sure you have auto config off

[knotty badge]

man I’m not a noob

this indicator isn’t great

[haughty prairie]

What stock is it and what time frame?

[knotty badge]

go to ETH/GBP 15 min

11th March 10am

Explain why the candles are red on an uptrend

[haughty prairie]

which one are you viewing?

cryptocap?

[haughty prairie]

thanks

[knotty badge]

where the cursor is should have indicated a strong buy with green candles

[haughty prairie]

what is your time zone?

[knotty badge]

how is anyone making.any money off this indicator

GMT

[true jasper]

consistently

[rapid topaz]

Try turning candle color off hypernova

[true jasper]

sorry.. that was not helpful

[knotty badge]

alright turned off

how does that help?

Look at this

[true jasper]

I don't know anyone using RSI and Lux with good results. I would sooner use your moving average as an alert and check for indicators as confirmation

[empty solar]

^ RSI and signals won't be a good pair really

[true jasper]

RSI in FOREX is a terrible tool

[knotty badge]

Bruv show me anything that is a good pair

[empty solar]

@knotty badge Are you a newer trader?

[true jasper]

USDCAD, AUDCHF, USDJPY,

you name it

[knotty badge]

I’m not talking about forex

I do Crypto

and we’re talking about indicators

[haughty prairie]

(6,37) look fine for me

[true jasper]

you asked me to show you a good pair. I gave you 3

[knotty badge]

Indicator mate

[empty solar]

Just stick with bitcoin 4h

[true jasper]

Lux oscillator and Lux algo

Maybe try some WAE, or my old faithful ASH

(Absolute Strength Histogram)

[spice coral]

paul hey man some people can't be helped if he is doing so good using RSI why is he on here?

[knotty badge]

Admin - ETH 15 min is way off

[true jasper]

But... if you're really needing to trade Cryptos, there are better traders than I

[spice coral]

everybody and anybody that

[empty solar]

@knotty badge I think you're missing the point of confirmation signals a little. There will be off signals of course

They aren't there to be 100% accurate

[true jasper]

ya.. definitely need to filter them out with complimentary confirmations

[spice coral]

has been trading for a while knows the lag with RSI and other indicators

he's a newbie

[hidden moss]

The best pair is XAUUSD hands down

[haughty prairie]

(12,37) That looks pretty good for ETHGBR

[empty solar]

Gold is always good Bitcoin 4h is very very easy and clean

But if you're really new to trading stick to the higher timeframes

[true jasper]

unless you're like me and have the patience to scalp demo every day for 18 months. But I'm an odd duck

[knotty badge]

alright

[true jasper]

but definitely... beginners should stick to stuff higher than 2hr

[hidden moss]

Lol I spend the whole day scalping 5m 15m

[empty solar]

That's a tricky one 😉

[true jasper]

oh man.. that's a nightmare... scalping 5m

[empty solar]

But it's far easier like klaw says just to swing high timeframes

Easier to identify trends

[haughty prairie]

What is Scalping?

[true jasper]

I love scalping, but I can't stand 5m

scalping = low LOW time frame trades

15m or less

[haughty prairie]

oh ok

[hidden moss]

I like looking at charts too much, longer time frames freak me out.

[true jasper]

sometimes only looking for 2 or 3 pips

[haughty prairie]

Whats the difference between scalping and day trading?

[knotty badge]

Put simply this indicator is useless for anything below 1 hour

[knotty wren]

@true jasper love your YT content. Keep it up.

[true jasper]

Day trading is longer timeframe - usually 1hr to 2hr

[haughty prairie]

I use it on 1m time frames and it pretty good lol

[empty solar]

This isn't true; you just need experience

[true jasper]

intraday is 2-8 hour

[knotty badge]

come on bro look at this

[true jasper]

@knotty badge - dude.. I scalp the 1m charts on several FX pairs using Lux as a HUGE help

[haughty prairie]

oh ok I always thought I was day trading while in reality I was scalping lol

[true jasper]

@short kayak is another

thanks @knotty wren !

[knotty badge]

you don’t need experience to know that is a bad signal

[empty solar]

Yes hypernova; now look at the market

Lux clearly warns this is a ranging market

[haughty prairie]

Thats why u use other indiactors to determine if thats a false signal or not

[empty solar]

And as we document; don't use confirmation signals in a ranging market

Because they aren't for ranging markets

[knotty badge]

it’s always a ranging market in crypto

[true jasper]

Just filter the confirmations, @knotty badge - that's where you get your win rates

Don't take anything blindly.

[empty solar]

@knotty badge Bitcoin has gone up maybe 400% this year no? It's highly highly trending on large timeframes

[true jasper]

like... for instance: I just did a video taking only Strong alert with a WAE confirmation

14% per month on what.. AUDCAD or something?

I'll look it up hang on

[empty solar]

Also @knotty badge This is ETHUSD 15m; ranging market as you mentioned where reversal zones are amazing 🙂

This is what the other tools are there for; since every trader and market varies

[hidden moss]

I use lux for scalping all day. If you get the trend in higher timeframes and trade with the trend on lower timeframes with lux you usually win. You can’t be dumb and take buy at 5m if it’s in a down trend on the 4h. It’s a useful indicator but it’s not gonna tell you the answers.

[true jasper]

https://youtu.be/CsDmD-p16rM

[hidden moss]

Reading some of the postings, it seems for some, a basic trading foundation knowledge is in order, before, jumping in to trade blindly...

This is the hardest way to make easy money... And it's not an overnight enterprise...

[empty solar]

Absolutely for sure

https://docs.luxalgo.com/trading-best-practices/introduction

We try to walk through the basics in our docs

[hidden moss]

Having written technical documentation for software engineering for years, I can attest that the Lux Algo documentation is very detailed. I think it's a matter of spending the time reading it, getting an understanding, and testing the different settings, and the reasoning behind them. I owned a few Algos and autotraders for futures in a few different platforms, and le me just say that it takes testing, writing down settings and results, specially dealing with different types of instruments. I trade heavy in CL, NQ, SI, ZB, GC, and guess what? They are all different as they have their own market behaviour, best hours to trade, and so many other factors to consider. BTW, I don't trade more than a combination of any two in a day, in order to focus and make sniper style entries. Anyways, thanks for the time to read this, happy trading to all, this is a matter of investing our time and never giving up. 🥂

[thin trail]

words of wisdom @hidden moss thx for sharing !!

[hidden moss]

Awwww shucks man... 😂.

[haughty prairie]

just wanted to use this emoji lol

[thin trail]

one of my favorites, made this emote myself watching a random zuck livestream

[haughty prairie]

lol

[vale ether]

I'm making 5k+/day trading off the 1m timeframe; but sure. Perhaps listen to what the others here are trying to help you with

[vale ether]

i've posted quite a bit in profit and losses.

perhaps take the time to learn how to use the indicator instead of paying and running

[hidden moss]

A solid trading education is critical to stay in this craft

[vale ether]

Up $2.6k and it’s lunch; but sure

enjoy wasting your money champ

[vale ether]

Thanks for playing!

[worldly hill]

3-4 losses in a row are possible in a ranging market, and then comes the big move. If you are trading so big that 3-4 consecutive losses in one asset hurt your account and your emotions, then you are trading too big.

[warm pendant]

@vale ether hi just curious what kind of strategy are you using?I too am focusing on XAUUSD did managed to get in n hit my TP just now during the down trend thanks to Algo but I'm still testing things around

*thanks to Lux 😋

[lapis kestrel]

Hello everyone. Is there a news line i can subscribe to for Crypto? For stocks i use Benzina, don't want to test 15 before i find the real deal. Please assist me cut corners and save. I would truly appreciate it.

[vapid yoke]

1 munite time frame. You have to know how to use Lux Algo

[vapid yoke]

https://cryptopanic.com/

my ongoing trades using Lux algo signals

[marsh moat]

New here , is it better to trade stocks at 5 minute chart or 15 minutes , or maybe longer. Any suggestion or settings . I trade stocks under $10 .

[vapid yoke]

If new trade 15 minutes or longer till you know what you are doing. Use the longer time frames 4H and up to guage the general direction of the market and 15min to 1hr and above to trade.

[lapis kestrel]

Thank you

[warped nova]

@vapid yoke could you mention your settings for 1 minute? I utilize 1 minute but don't find too many others using 1 minute tf

[vapid yoke]

There's no set or standard setting, every ticker requires a different setting.

[marsh moat]

Tradingview it's 5 minutes behind Trading212 prices , anyone know why ?

Every instruction I got from lux algo cannot execute because of the delay ?

[vapid yoke]

What chart ?

[marsh moat]

Every stock I check price is delayed on TradingView

[vapid yoke]

might be because the markets are not yet opened

[hidden moss]

delayed data. do you have realtime subscription, or enabled by a live account connected to tradingview? Even if you buy a tradingview subscription, you still need to pay for realtime market data... hope this helps.

[marsh moat]

Where can I pay for real time data, any link ?

[empty solar]

https://uk.tradingview.com/gopro/#compare

If you scroll to the bottom you'll see them 🙂

[marsh moat]

Thank you guys

Does anyone here has Tradingview Pro version , just so I can check if the price I want is correct , so I can buy after ?

[snow prism]

is the basic member for trading view sufficient?

[warped nova]

Can I submit a ticket for backtesting strategies? I can't auto backtest trading strategies utilizing Lux since I don't have source code so wondering if there is a way I can submit a strategy and have you backtest it?

[empty solar]

It's not really a service we offer; that'd be a custom piece of work that needs doing but if you email [e-mail] with the request it can be looked at

[warped nova]

Thank you kindly

[round venture]

Pls who can help me out

I bee

This the error I get when I put the Webhook created from my discord

@empty solar pls help

[empty solar]

errrrr that doesn't look like a discord webhook

You've put a tradingview URL

[round venture]

Yeah it's what I copied from my discord Webhook

[empty solar]

I don't think you copied it correctly

As you can see that's a tradingview URL

[round venture]

I've been at it since noon

Almost 3hrs now 😢

[round venture]

@empty solar hey bro can u help me? 🥲

[vivid girder]

@vale ether can you elaborate a bit on your 1min gold strategy? trying to get more consistent with the 1min on gold but still working on it so some help would be great. thanks.

[pale niche]

@empty solar Need to message you

Ok. I’ll post it here then..

@empty solar

@thin trail

[thin trail]

That's a scammer (impersonating me) @pale niche banned, thanks for letting me know

[haughty prairie]

so sad that people do that

[hidden moss]

So sad lmfao

None of us will ever text you like that!

[thin trail]

!! ^

[tender void]

OH MY GOD I ALMOST FELL FOR IT

[true jasper]

lol... I had the SAME method of scam hit up a completely unrelated group in Telegram that I co-admin

[thin trail]

they're horrible lol, and of course the classic crypto related scam

[true jasper]

But everyone in the group is pretty on top of things and no one lost anything.

this doofus was looking for $5k.. I'm like - where the hell on this planet are you that you think $5k is something people will fall for

[glad talon]

XRP was removed from last optibot updates, do you have a recommended settings for 5,15 and 30min?

[thin trail]

@glad talon - will see if we can add it again, we’re looking at expanding our list of tickers currently

Try auto-confirmation signal settings as well

[haughty prairie]

Listening to sand storm, playing my wii, and doing post market analysis on stocks. Can life get much better?

my life is now complete now that I found the song they play at football games

[rapid topaz]

What is this Sandstorm you speak of? 🤔

[haughty prairie]

Sandstorm by Darude

If you live in the USA its the song they play at football games

[rapid topaz]

Oh that song

Yeaaaaa

Darude

Yep yep

[haughty prairie]

I never new what the song was called until a few minutes ago lol

[echo aspen]

Lmfaooooooo I’ve never related more to a comment in this chat 😂😂😂😂

Y’all got me weak asab

[haughty prairie]

🤣

[thin trail]

Darude - Sandstorm

🔑

[haughty prairie]

I heard if you listen to sandstorm while trading your stock will explode lol

i’m not joking i’m legit playing wii 😂

[echo aspen]

Too funny 😭

[haughty prairie]

this is honestly probably what r/deepfuckingvalue was doing when he bought gamestop a year ago lol

[haughty prairie]

Not even joking I was playing we baseball and was at bat. I said prediction of GME stock price. I hit the ball over the stadium wall 👀

but it was foul

GME STOCK PRICE

[thin trail]

undoubtedly

[haughty prairie]

🤣

Bitcoin just dropped 2k out of nowhere

Wait I guess thats not a big deal lol

it was .83%

I would love to work towards the point where I can lose 2k like that and its not a big deal

[thin trail]

i remember when a 1k candle was the craziest thing to watch

now 2k candles are just, whatever

on the 5m chart too lol

[haughty prairie]

lol

[dim light]

coinmarketcap

check it out....

bitcoin #2 due to gltich?

one hundred ten quadrillion eight hundred eighty-three trillion two hundred thirty-two billion eight hundred ninety million three hundred ninety-two thousand six hundred eighty-eight flow market cap incase you wanted to read that huge number

[livid turret]

Can anybody tell me what the purple candles mean when I have confirmation simple on my candlestick coloring?

[thin trail]

!candles

[hidden moss]

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

[thin trail]

@livid turret

[livid turret]

Thanks!

[round venture]

@thin trail guys is it normal? My trading view has closed trading for some btcusd

Btc usd is offline lol

[analog onyx]

there are no incidents on the tradingview status page, if one of your trade has been closed it might be due to a wide variety of reasons.

[round venture]

That's weird, my broker is not connected to my tradingview account

It's been like this since yesterday 11pm WAT

[river blade]

Has anyone had experience with mirror trade on my4 I want to open another account with my broker mirror trades from my main account to my 2nd without manually entering on both

[round venture]

Okay I will not lie to you.

Lux is the best thing since trading

[frank tree]

what you guys think of btc

is it gonna drop

or gonna keep shooting up

[round venture]

You have a strategy jus use it with it.

@frank tree I reckon 65k

[frank tree]

I see

[round venture]

Might go up to 65k and shoot back down

[frank tree]

i will be watching over that

[round venture]

Yup

[frank tree]

i need that for a sell

need to catch that

[round venture]

Same bro

So we stack up that entry and get those bands

[frank tree]

Yeah bro

[round venture]

@thin trail hey man, do you guys have lux algo for synthetics?

[rare hearth]

my first few hours with Lux

worked out well

[thin trail]

synthetics? like futures contracts?

[thin trail]

awesome, well done @rare hearth 🔥

[round venture]

Nah

Volatility index

Binary and the rest of them I mean

[thin trail]

Well it works on any ticker on TradingView, you could look up the VIX

For Optibot though we are still growing the list of tickers

[round venture]

Okay

No problem

Keep up the good work, we'd make do with what we have now

[thin trail]

thanks! will do 😎

[strong sequoia]

Hello.
I'm Gabriel.

[empty solar]

Welcome 🙂

[strong sequoia]

How to know the best time to buy?
Should I buy when BUY or STRONG appears?

[empty solar]

You should look at a combination of indicators and possibly go to a lower timeframe to pinpoint entries 🙂

[strong sequoia]

What companies and indicators are these?

[empty solar]

This words for anything on tradingview 🙂

And the other indicators can but Lux ones for example

[strong sequoia]

I'm using these indicators

[empty solar]

If these are the ones you like sure 🙂

So looks for them to align / use one to filter the other

[livid turret]

Is there somewhere I can learn what I'm adjusting when I tweak the agility? Just curious what it's actually doing and what it means

[empty solar]

confirmation signals 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.

@livid turret

[strong sequoia]

What is that?

[haughty prairie]

If you look on the dashboard on the bottom thats what that is

SMA - Smoothed Moving Average
WMA - Weighted moving average

[strong sequoia]

What the best for crypto?

[empty solar]

There really isn't such thing as a best, it's really all down to preference :)

I personally like lineReg

You may prefer using SMA

[true urchin]

Hi guys, thanks for the fast approval!

Glad to be here

[thin trail]

welcome! @true urchin

[hidden moss]

welcome!

[hardy knot]

Final iam here

I just confused between confirmation and contrarian

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signals#type-of-signals

@hardy knot :)

All explained in the links above

[hardy knot]

Thank you I try to understand it

[hardy knot]

How I can fix the delay between metatrader 4 and the trading view

[vale ether]

you can't afaik.

I'm getting ~800ms from trading view trigger alerts and metatrader execution

could prbably get that down slightly with a vps; but unless you're scalping for a handful of pips; it's not worth it

[tribal tendon]

Hang good trades up right now

[stuck loom]

Good Morning - First day with Lux, super excited.. Quick question.. If I have multiple windows/tabs of Tradingview open for multiple different tickets and adjust the sensitivity/agility in tab #1, will this mess me up for tab #2 and #3 or are they all independent of each other? Thanks in advance.

[tribal tendon]

I’m making smart trades and following the bot and still getting screwed over so hard

Waste of $🤦🏻‍♂️

[sudden oasis]

@hardy knot Add Lux Volatility 😉 It will helps you a loooot! 😉

[hardy knot]

Do you have some explanation how to use it

[sudden oasis]

@hardy knot https://www.youtube.com/watch?v=eOn9OLfg1Rs&ab_channel=LuxAlgo

[tribal tendon]

It’s all a waste of time🤦🏻‍♂️

I lost so much money watching these videos and following the bot

You’d have better luck betting the opposite of the bot

Can you drop your settings? Or something

[thin trail]

@tribal tendon - it’s not meant to be followed blindly https://docs.luxalgo.com/getting-started-with-luxalgo/why-it-can-work

[tribal tendon]

I’m not following it blindly

[sudden oasis]

@tribal tendon Add Support/Resistance Mode: Predictive Channels and Lux Volatility, Lux Oscillator and Print it on the paper 😉 And try to understand what you see

[tribal tendon]

Yea because I understand none of what u said

And that helps none

[thin trail]

!resources

[hidden moss]

Link to our resources page, lots of information regarding our features & FAQ's can be found here: https://luxalgo.com/apps/help-center

[tribal tendon]

Waste of time. I just want my money back😭

Idek what those mean

[thin trail]

It seems you don’t understand what our product is, how to use it & you have the complete wrong impression of what technical analysis is @tribal tendon - I’ll go ahead and refund you to save us time here, just DM me your email.

[tribal tendon]

Nah bro because I still will be out the $200 I lost because of this thing

I gotta try and make it back

[thin trail]

I think it’s best you take a step back, learn the basics of trading & start with paper-trading. It’s not smart to revenge trade and i think you still have the wrong impression of what Lux Algo is. It’s not productive having you a a part of the chat if you’re going to just say our product is a “waste of time”.

[tribal tendon]

What are you gonna kick me out when I payed for it?

[sudden oasis]

If you use all Algo scripts than you can get a lot useful information

[tribal tendon]

What even is that

[thin trail]

You said you wanted your money back @tribal tendon - and you’re not being very productive in this chat. I’m offering you a refund to save us time here.

[tribal tendon]

I’m good

Thanks

[thin trail]

👍

!docs

[hidden moss]

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

[thin trail]

^ strongly recommend going through our docs

!overview

[hidden moss]

A walkthrough of our main indicator on YouTube: https://www.youtube.com/watch?v=c12sF8xb24k&t=144s

[thin trail]

^ this will also help

[tribal tendon]

If u say so

[marsh moat]

Guys Im gonna start trading forex today , I am waiting on BTC/USD alert from Lux Argo 30 min chart to start my first trade. What lot should I choose ?

[vale ether]

That’s crypto; not forex.

Please go through babypips.com and learn about lot sizes and managing risk before trading real money; it’ll save you wiping out your account

[marsh moat]

Thanks

For the correction

Is 0.01 lot okay as a starter or 0.02 is better. From your experience any tip ?

[vale ether]

It depends on your account size

What are you prepared to risk.

[stuck loom]

@thin trail wanted to make sure you saw this Good Morning - First day with Lux, super excited.. Quick question.. If I have multiple windows/tabs of Tradingview open for multiple different tickets and adjust the sensitivity/agility in tab #1, will this mess me up for tab #2 and #3 or are they all independent of each other? Thanks in advance.

[thin trail]

they are independent, it’s best to save layouts or templates per each ticker/timeframe you’re watching with different settings, that’s the most organized way to achieve that @stuck loom

excited to see what you think of the indicators! 🔥 enjoy

[stuck loom]

thanks. ill keep you posted throughout the day!

[thin trail]

🤝

[tranquil notch]

There is conflicting information on the lux algo product page of what is cloud 1 and cloud 2 when triggering alerts

Can someone please clarify the exact details

They said on a upward trend cloud 1 will be the top line but this is not always the case

[analog onyx]

Really sorry about that, docs are now fixed. Cloud-1 is the orange line while Cloud-2 is the green one, so on an upward trend it is Cloud-2 who will be higher.

[tranquil notch]

And on a downward trend it is reversed?

[analog onyx]

on a downtrend Cloud-1 will be above Cloud-2 🙂 If you dont like these plot names we can always think about better names for an easier understanding.

[sturdy yoke]

Is there a lux channel on discord where trade ideas are called out?

[analog onyx]

#776138690007007292 #696781587223937025 and eventually in the crypto/forex/stocks chat

[rare hearth]

I notice that on my Theta stock today its been ranging all day really and would be hard to make a trade anyway, the other day it was trending all day and the signals were highly in phase, is this usually the case?

[empty solar]

@rare hearth Which timeframe are you trading?

[rare hearth]

5 minute

[empty solar]

Yeah a smaller alt coin on a low timeframe like that especially with these whipsaw moves is a tricky one

What I can recommend:

Use Reversal zones and the Take profit tool (that seems to be working really well on 5 with Theta 5m)

And with the signals use very high settings just for confirmation of market direction

[rare hearth]

sounds good, ill use the reversal zones, the Take Profit tool is the trading view one,

?

[empty solar]

Nope the one built into lux

This one 🙂

[rare hearth]

ok ill go do some research, cheers for your input

[queen nova]

lmao never had price action jump out of the window before

[empty solar]

hahahahhaha

Easy fix 😉

You see the candles are on the stochastic

Click and drag them back into the main chart

[queen nova]

thx!

[jolly chasm]

Anyone else in a GJ sale? Currently minus 2500 😢😢😂

[hidden moss]

no stop loss?

[hidden moss]

what timeframe?

[hidden moss]

short or long?

[royal sage]

@jolly chasm where did u get in for a sell ?

[hidden moss]

trying to help😎

[royal sage]

There was 1h support it bounced off

[hidden moss]

is he short or long?

nevermind... 🤣

[jolly chasm]

Yeah I traded short on 1 hour but completely missed the support my own fault lol

[hidden moss]

well, the market is always there... the future holds more opportunities... happy trading, and don't forget stop losses and good risk mgt... cheers

[void tide]

Is that a paid indicator

Good stuff though

[hidden moss]

which one?

[void tide]

The arrows on your chart

[hidden moss]

oh, ok. That is a free indicator called Williams Trailing Stops

[void tide]

Thank you very much

[gusty scroll]

SPX500 just cleared all time highs on 15m!

[small compass]

New subscriber to Lux Algo and I have to say, it NAILED the end of day surge on the E-Mini S&P 500 today with its STONG signal. It was freakin' gorgeous...!! All my other analysis confirmed the signal was good to take, and it 🚀🚀 🚀 Definitely made my day. Great piece of software..!! 😎 💯

[thin trail]

🤜🤛 amazing @small compass

[hidden moss]

Lux Algo ROCKS man!

[marsh moat]

Guys as a beginner which timeframe with which settings on which Ticker should I use more , to make some small bucks

[small compass]

Yeah guys...been trading 10 years and this is sooo nice to have. Serious kudos to y'all.

[small compass]

I'm still getting used to it myself but I do believe there is the optibots that will help you tweak the settings. 🙂

As for tickers and timeframes....that's up to you my friend.

[marsh moat]

Yeah I made the settings but 1 min and 5 min chart made me some nice reds on my first day hahah

Are 30 min and 1 Hour timeframe better ?

[small compass]

I think generally when you use any indicator, the higher the timeframe the easier the interpretation of the indictor as things get nosier the smaller in timeframe you go.

[marsh moat]

Thanks man 😄

[timid tapir]

hello members....is there anyone here using higher time frames such as the 1d or 12hours? I only trade stocks and BTC. I look forward to hear your thoughts. For myself speaking, it seems that 1d with standard settings 12/26 seem to perform quite well

[small compass]

I use MTF analysis when I trade so depending on my time horizon for the trade as well as whether I'm trading Stocks, Futures, Forex, or Crypto, I'll look at Weekly, Daily, 4h,2h,1h,30m,15m,5m,2m (for micro scalping) and tick charts. As far as Lux Algo goes, I have not tweaked the setting outside of the default as I just got Lux Algo but the out of the box setting seem to provide alerts that do pretty well on all time frames mentioned (not including tick charts of course). It actually alerted me to a volatility spike on the E-Mini S&P 20 minutes before market close on the 5m. Hope that answers your question.

[orchid dune]

Sir what is the other indicator you use for this chart? Besides lux and williamTS, do you use optibot setting? Thanks

[small compass]

@hidden moss what fractal setting are you using for the Williams Trailing Stops?

[hidden moss]

A video with full details is coming out soon...

[hidden moss]

Standard settings. Video coming out soon

[rapid mirage]

Idk after this update, I’ve been having some wack setups on my crypto charts.

[empty solar]

The update hasn't changed anything really

Same signals / same tools

[orchid dune]

Thanks 🙏 please let us know Gbu

[severe spade]

Hey can anyone help me with metatrader? all my prices on metatrader are way differnt then trading view, causing me to lose a lot of trades. Any idea on how to fix this?

[hidden moss]

a number of factors can be applicable. First, your basic tradingview account only gives you delayed data. That could be a reason. The other is, different brokers have different prices. My ninjatrader crude oil is different than my offshore CFD crude oil by several cents. So if I use ninjatrader to enter on MT4 it will never match. Before anyone can help you 'fix' this 'issue' you will need to provide more details, and I would think it does not apply to Lux Algo, but for a fellow trader to help you. I run 6 platforms and have several accounts, so I can understand what you're going through. Best of luck

[hidden moss]

hi, what is gbu?

[severe spade]

Hi @hidden moss I am using coinexx as my broker on metatrader 5, comparing prices to tradingview are much much differnt, NASUSD off by almost 37 numbers

[hidden moss]

is your tradingview delayed or realtime? even if tradingview is realtime, there is always the possibility of price difference. I have to make adjustments when copying between MT4/MT5 with different brokers, and alos using tradingview toenter in ninjatrader 7. Is part of the game. If you only have these 2 setups, write down the difference and adjust as necessary

hope this helps

[hardy timber]

Couldn't sign into trading view with the indicators, says that my user name is in use

Hope someone can help, tried to reset user name, but was there was a diffrent email on file for the link

Most likely the creator of luxalgo

Maybe I need a new invite?

I'm able to reach out to the vip section on this discord

[thin trail]

Hey @hardy timber

Please send your TradingView username to [e-mail] so our team can make sure you have access

[hardy timber]

Okay sent

Thank you

[hardy timber]

It's working now👍

Kayprak1 user name

Thank yoy

You

[orchid dune]

God Bless You (GBU) 🙏

[hardy knot]

Guy what the difference between the confirmation heatmap on the lux oscillator?

[crude jetty]

Blindly following the hour chart on default settings would actually have u in a decent spot on btc

[gilded sleet]

can anyone recommend some stocks for investment - deposit just hit my account

[crude jetty]

Oh nice. Still havnt seen mine yet

[crisp schooner]

Anybody know how to cancel my subscription at the end of the 3 month period?

[frank tree]

What's that rsi tool that lux gives?

[jolly chasm]

anyone looking for gold sell?

[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.

[empty solar]

@frank tree Our oscillator or our rainbow RSI?

[hidden moss]

anyone trading micro futures?

[hardy knot]

@small compass what setting you use for the sp500? Thank you if you can

[hardy knot]

Yeah

[livid turret]

I signed up for the quarterly billing but want to change it to yearly when it comes time to reup. Anybody have any idea how to do that?

[empty solar]

@livid turret :

!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

[copper mulch]

Hi - Is this normal that the volatility indicator doesn't display the past data .

[empty solar]

If the asset is brand new yes

And I believe snowflake is a fairly new listing

If the volatility length is 50 it needs 50 candles of data

[copper mulch]

yeah its a new listing . Got it thanks .

[livid turret]

So basically I can just buy the yearly now and it’ll begin after my quarterly ends?

Thanks for the info

[empty solar]

@livid turret Yep exactly 🙂

It'll be automatically changed and remaining time added

[copper mulch]

question on using Heikin Ashi candles vs regular candles . Does it helps to remove extra noise on a higher timeframe ?

[empty solar]

Heikin Ashi does smooth data

so you get reduced noise

at the expense of smoothing

[copper mulch]

got it . So for higher timeframe probably that works better but for scalping might not do well .

[teal thistle]

Any idea new coin gonna list on binance or other Exchange

[livid turret]

Thanks again gecko

[dull moat]

Anyone specifically trading US30? I would like to know what TF and settings you use.

[buoyant light]

Me too

[hidden moss]

US30, have you tested on your own and what works with your style? (Day trading, scalping, swing)?

And in different time frames what looks accurate? That's how I would do it

I'm out boating, will look into it tonight

[worldly kernel]

Hey, can you explain what goes into "auto confirmation signal settings"? I've been trading pretty successfully without them and I notice that they seem to reduce a lot of noise, but I just want to know what is happening behind the scenes so that I can decide whether I want that addition noise or not

[empty solar]

It's based on the dominant cycle period which is used to optimise the parameters; it's not really a simple process. Optibot for example will always give best settings whereas auto will estimate

[worldly kernel]

got it, so adjust charts on macro trends?

if im understanding

[true jasper]

lol... just noticed my callout shows I have an accoun of $24. good thing I don't trade like it

[thin trail]

ahaha

[thin trail]

yeah, auto will auto-adjust it based on an estimate, it does tend to catch larger trends yea

[true jasper]

ooooo...I thought that was just '12:26' interesting... I'll do some more backtesting with that setting

[hardy timber]

Ticker CNTY, you guys think this will get to 12+ by friday?

[haughty prairie]

where did you hear about the stock?

[hidden moss]

hello there, glad to be here. Any optimized settings for eurusd 3m ?

[hardy timber]

Was on my watch lost fir awhile

3 month looks good

Popped this morning

What do you think about it?

[hardy timber]

Was on my watch list, got alert this morning from a friend. Good retract today

If anyone can read charts please let Me know

[small compass]

Hey...!! I'm just using out the box settings for Lux Algo. I haven't really tweaked it too much. Honestly, with my other analysis, the out of the box settings are doing quite nice for me. 🙂

[thin trail]

^ I tend to like default settings myself 😉 @small compass

Although I see optimizing can be very useful for traders who strictly trade specific assets / timeframes

[small compass]

I agree. And when I have time, I plan to play around with it but for now...it's working! 😎

[thin trail]

🤝

[dull moat]

Hi mate! i personally havent tried any setting on it yet just wanted to see what other peoples thoughts on it were. As far as my trading style goes I like to limit myself to 3 or 4 trades a day so I’d say I like 15 mins as it removes the noise from the signals

[hidden moss]

well, each instrument behaves differently, what looks good on one timeframe, a different instrument looks horrible, as is the case of US30 at 15m

[dull moat]

Wow! You must be very insecure @thin trail I literally just said to use a different indicator. M not even advertising that indicator.

[thin trail]

What's up? Not sure what you're referencing @dull moat

[dull moat]

My comment got deleted

[thin trail]

Can assure you was not me, but if it's a paid indicator or trading group it is against our server rules to recommend as seen in #👉welcome-guide , we keep it all Lux related here, sorry for any inconvenience but mods/staff delete anything like that @dull moat

[dull moat]

I wasnt even recommending it to anyone! Succchh INSECURITY

[thin trail]

@dull moat

[hidden moss]

i think it's more a matter of applying a rule than insecurity. nothing personal

[thin trail]

^ yeah man @dull moat nothing personal here - and not sure what was deleted even

[copper mulch]

Hi - question on the volume profile settings . Is there a way to change the color ? with my dark background its kind of hard to notice .

[empty solar]

Within the style settings you'll see the gradient colors

you can change these

[copper mulch]

thanks Gecko.

so i assume color 10-13 belongs to volume profile

[copper mulch]

how often do you guys update the settings optimizer ? Do you guys make changes pre-market ? Moreover for scalping any asset not mentioned in the setting channel what should be the optimum sensitivity and agility ? I have noticed lots of false positive when settings are not optimized(mostly on 5m timeframe for scalping) . Is there a way to adjust it without doing a lot of backtesting ?

[empty solar]

Depending on the timeframe will impact the frequency e.g. 5m is daily

4h is once a week

[copper mulch]

thanks . But how to determine the optimal settings for other assets not mentioned in the settings channel ?

[hidden moss]

so looks like market is dumping tomorrow

[empty solar]

@copper mulch We try to have the auto adjust in the settings

[hidden moss]

anyone’s thoughts on UVXY?

[empty solar]

But apart from that finding optimal settings needs to be done via optibot; it's quite a specialist piece of code to do that role

[copper mulch]

oh so the settings auto adjust based on the asset ?

[empty solar]

Yep in the lux settings there's a check box for auto settings which tries to optimise based on the dominant periods

[copper mulch]

this one ?

[empty solar]

yep 🙂

[copper mulch]

cool let me try that ..thanks .

[queen nova]

is the eq cloud similar to any EMA or SMA period?

[quiet wharf]

That still not active

[thin trail]

Hey @quiet wharf try refreshing

!guide

[hidden moss]

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

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

[hardy knot]

Guys what is ATR indicator?
And its on lux or separate?

[analog onyx]

the average true range (ATR) is a volatility indicator, it is not used by any of the lux indicators.

[brave oak]

@small compass @thin trail yeah i've been backtesting the default settings on us30 and its not bad so far. Using the cloud and with my trading strategy as well. It fact yesterday the default settings were better than what i had optimized them for.

[hidden moss]

First trade on algo going weeeeee

[south wyvern]

Congrats on catching that!

[hidden moss]

Good morning traders! Anyone trading the CL inventory today?😎

[jolly chasm]

ay if you get a strong buy signal in a down channel would anyone take the buy or only go for the sales?

[hidden moss]

I'm a hardcore trend trader as it favors the probabilities of success. Unless the Bear Channel is at higher timeframes, and the strong buy signal is triggered in a much lower TF, then it is possible that the contrarian signal is successful. BUT, if you're taking a strong buy in a bear channel at the SAME timeframe, statistics show that less than 27% of odds on your favor... I read it somewhere... In my opinion and experience... cheers

[jolly chasm]

I see! Thanks for the information 😄

[hidden moss]

Yeah trade with the trend in my experience

[delicate moat]

what are the best candle to use with luxalgo?

[thin trail]

It's a personal preference @delicate moat but we recommend standard candles generally

[delicate moat]

i use heikin but i see some difference with normal candle

[thin trail]

yes, the signals will be slightly different

[delicate moat]

so you think normal candles is better?

[thin trail]

i think it can show you more useful information, but there are benefits to using HA if you want to catch cleaner trends, it all depends & is always a personal preference

[hidden moss]

Any word for me mack?

Need to make some moves papi

[thin trail]

you're in sir

!guide

[hidden moss]

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

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

[thin trail]

just sent confirmation email @hidden moss

[delicate moat]

if i put signal with heinkin i need create new signal for normal candles?

[thin trail]

alerts? yes

[delicate moat]

yes

ok

what happens to market all go up ,,,

[summer vapor]

Feds said they are not changing rates

[small pebble]

Does anyone know what prompted the huge jump on MES/ES at 2 PM?

[hidden moss]

Is everything coming back now? or will it stay that way now?

How do I set up so it’s easier for beginner

@thin trail

[empty solar]

Out of the box it should be quite friendly 🙂 What are you trying to set up?

[exotic bear]

fomc about to start

[hidden moss]

Looks crazy

[heavy lance]

It's good news out from FOMC I think

[small pebble]

Yes, I think you’re correct.

[hidden moss]

No sell or buy signals

[empty solar]

You need to zoom out @hidden moss

you're so so so zoomed in

to the point you only see 3 candles

[hidden moss]

Do we like confirmation or contrarian?

@empty solar

[void tide]

Is anybody using tradingconnector?

[analog onyx]

that would be up to you, contrarian signals are for spotting tops and bottoms, while confirmation are more for trend following purpose 🙂 You can also use both

[hidden moss]

How do I get it to updated quicker

[fiery idol]

fomc meeting

[hidden moss]

Loving TradingView

[crude jetty]

Anyone got NFT experience or experience with .crypto domains? I have some questions i cant find answers to and think i found something valuable. Please let me know if anyone has time to chat.

[thin trail]

not much myself, still learning that space @crude jetty

[haughty prairie]

Just did a 4 hour stock stream on twitch and had 0 viewers the entire time lol

[thin trail]

🤝

[haughty prairie]

It was fun though was just listening to non copyrighted music and was pretty productive. How do you even stream the 24/7 lux algo do you have a whole different computer for that?

[thin trail]

servers

[haughty prairie]

?

what is that

[haughty prairie]

The futures gonna be crazy look at this

https://twitter.com/tradingview/status/1372291444128501761

TradingView (@tradingview)

@CryptoKaleo https://t.co/UdMbapNGQD

▶ Play video

Twitter · Mar 17, 2021, 8:59 PM

We will probably start having digital work spaces in the future that would be pretty cool

[rancid moat]

Hey guys, since the Bitcoin market is 24/7. What is the best time to trade BTCUSD?

[calm ice]

Vps server.

[thin trail]

^

[mystic pollen]

hey @thin trail any good settings for US30 and GER30 for LUX for 15min

[thin trail]

Will make sure to include both of those in #797529919499272224 as we expand soon

[mystic pollen]

Awesome yeah i looked at the opt and didn't see them, the default is decent right now i use 21 for Sensitivity and 21 for agility just to mess around with it a bit@thin trail

[thin trail]

yeah, a lot of people just use default or slightly tuned settings @mystic pollen

but it will be great once we have the majority of relevant tickers covered with optibot and running seamlessly, development team working hard on it right now so there will always be best settings no matter what 👍

[haughty prairie]

Hey you know what pretty fun getting a windows update and then it screwing up your whole computer so then you have to factory reset it lol 😂

fun times

[mystic pollen]

thats tuff homie @haughty prairie

[haughty prairie]

alread reset it just need 4 things trading view, TD amrtitrade, discord and chrome

oh and my school files that I almost deleted lol

[mystic pollen]

dam so you basically lost it all

[haughty prairie]

I am pretty organized so I was able to move all my files to a flash in 45 mins.

[mystic pollen]

you not in any trades uh hahah

no late night trades lol

[haughty prairie]

no late night trades I am waking up in 5 hours

I have usually been asleep for 2 hours by this time lol

[mystic pollen]

i have a sell stop on GER 30 and a BUY Stop on GEr 30 and then a sell stop on us30

[haughty prairie]

I am restricted from trading on TD so I sat at my desk and paper traded all day lol

[mystic pollen]

but probably going drop in a little to so i can wake up for 6 in morning to catch market again

[haughty prairie]

Good luck in the market

[mystic pollen]

lol and why u restricted

what is TD?

[haughty prairie]

3 good faith violations lol

TD Ameritrade

[mystic pollen]

ohhh otcha

gotcha

[haughty prairie]

people say its good but my account does not allow me to trade with unsettled cash and I still somehow got 3 good faith violations

[mystic pollen]

hahah

isnt td a broker ?

[haughty prairie]

for buying shares with unsetlled cash ???

Yeah

[mystic pollen]

i use osprey

[haughty prairie]

whats that?

[mystic pollen]

its a broker

[haughty prairie]

do you day trade?

or forex?

[mystic pollen]

what leverage they allow you to have

[haughty prairie]

I have no idea

[mystic pollen]

and yeah i day trade i trade msotly index

index you make fast money but also can lose alot fast to

currency pairs are a little weak in my opin but they work to

[haughty prairie]

HOLY SHIT I FEEL SO FREE I TURNED OFF BACKGROUND APPS 😂

[mystic pollen]

but indexes just small moves buku profit

[haughty prairie]

got like +60 fps instantly

[hidden moss]

us30

[haughty prairie]

what are indexes never have traded those?

[hidden moss]

is the best

[mystic pollen]

indexes are like the markets it self in simple terms

like us30 is the top 30 stocks in US

same as ger 30

[haughty prairie]

How long do you usually trade a day?

[mystic pollen]

i trade 15 min time frame usaly good profit about a hour in even 30 mins

monday i caught a small short for us30 on a .50 and made 300 in a hour

indexes you can make bang for the buck

[haughty prairie]

looks like something i gotta look into then lol

[mystic pollen]

ha indexes aint nothing to play with they can either make you rich or make you want to jump off a bridge hahahha

but proper risk magn you will be fine

i started with eru/usd

but now i trade only us30, ger 30 and maybe sp500

[haughty prairie]

whoa whoa whoa
I invested in GME i know all all about risk managment
100% of your portfolio into one stock only

[mystic pollen]

LOL

i didnt jump into that one

i was one of those who were in dodge for like a year and then when it spiked i cleared 3k profit

[haughty prairie]

I got it at 45 the first time sold at 145 then bought in at 250 in january and had to ride it for a month

[mystic pollen]

lol

[haughty prairie]

sold it at 220 cause I just wanted to get out as soon as possible

[mystic pollen]

feel that

[haughty prairie]

and got to say getting out of GME was the best financial decision I made in my life

[mystic pollen]

LOL FEEL THAT

thats how i was with dodge i just held and stopped looking at it cuz when price shakey it make you shakey

[sinful warren]

Which is best candle or heikin ashin for lux algo?

[mystic pollen]

i use candle

but everyone is dif

[sinful warren]

I understand it. Thank you!

For scanner alert use with candle. Right?

[mystic pollen]

yeah

i never use the alerts

im low key new to the lux also

[haughty prairie]

I think it all just depends. I have never touched heinkin in my life so idk

[mystic pollen]

i just change the sensitivity and agility

[haughty prairie]

Imma go to bed and try and get some sleep see you guys in the morning

[mystic pollen]

ducesssss

[sinful warren]

I understand it. Thank you.
So default lux algo works well or other better set.