💬hangout

[sinful warren]

?

[mystic pollen]

yeah the default is pretty good it self

but if you go to the opibot thing

it has certain pairs and stocks for dif time frame and tells you wht would be the best set up

[sinful warren]

Clear! Thank you.

[mystic pollen]

NP

[sinful warren]

On all alert scanner is set default and on opibot is different, not same as default. Right?

[hidden moss]

Good morning traders. As traders interact and ask great questions, I wanted to address most answers in one shot. So, with permission from Lux Algo, I've created a non-professional youtube video (normally, I won't post public videos, making an exception). I hope you enjoy it...

[pearl blade]

amazing contribution!! I used to be a professional Trader at one of the biggest banks in Spain but I'm shy so if I ever do something with youtube and Lux it would only be my voice

[unborn vessel]

Tku sir

[dull moat]

Sorry mate! Didnt see you tagged me here but I have replied you in private

[exotic bear]

today's heat map doesn't look too impressive. Did something happen that i missed?

[summer vapor]

@exotic bear https://apple.news/AWtpXhoFDQ8GIk3iAtdistA

[exotic bear]

didn't Powell talk about this yesterday?

[hidden moss]

https://finviz.com/futures_performance.ashx

for strength of different markets... enjoy

https://finviz.com/futures_charts.ashx?t=INDICES&p=d1

https://finviz.com/futures_charts.ashx?t=METALS&p=d1

https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1

https://www.investing.com/technical/futures-technical-summary

[plain kite]

Do you have video for lux oscillator 2.1 ?

@hidden moss

[analog onyx]

check https://youtu.be/LgfosbD7LyI 🙂

[hidden moss]

gme to the moon

[plain kite]

This is same?

[analog onyx]

yes, all duplicate plots are the same. These are there because of the gradient plot 🙂

[plain kite]

This is right setting for alert?

[analog onyx]

should be, you will be alerted for every crosses between the confirmation bull/bear line.

[hidden moss]

Meanwhile, waiting for NASDAQ to break support, or anything at this point LOL Time's up, trading stops, now! Happy trading!

[heavy lance]

I started watching your video, really excited to dig into it and apply the content @hidden moss

[hidden moss]

@analog onyx @empty solar how do I set buy notifications

[empty solar]

!alerts

[hidden moss]

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

[echo aspen]

On alerts when you set one for btc and a diff one for eth for example and they both have different sensitivities etc it saves those ones for you when you’re alerted right

I phrased that terribly 😂but hopefully it’s understood

[empty solar]

Yep the alert will use the settings on your chart when the alert is set 🙂

[vivid girder]

@hidden moss what's the name of the youtube channel? I searched your name on here but somehow didn't see it.

Never mind...found it.

[hidden moss]

Hi everyone. Now I have lux algo. I want to set a robot on my trading account. I want this robot to take the same signals than the algo. Can someone help me? I am lost 🙄

[thin trail]

!auto

[hidden moss]

Will it trade for me automatically? https://luxalgo.com/apps/help-center#!hc-will-it-trade-for-me-automatically

[thin trail]

Hi, you can use 3commmas, however - keep in mind, we designed the tools within Lux Algo for discretionary trading @hidden moss 👍

[hidden moss]

I know 3commas but it cannot trade on forex. I only trade on forex.

[hidden moss]

Thank you

[crude jetty]

What is the best vpn location for binance and bybit?
SO many restricted regions

Whats a region very unlikely to have problems with crypto exchanges in the future?

[rare hearth]

I use Astrill VPN , UK Gloucester , I am in Hong Kong.

Depends which VPN service you are on

[untold coral]

Did everyone just see the crash in stock futures? I was short ES, done for the day now👍🏻

[untold coral]

Was already short because of EMA cross and Lux signal, big money trade to end week. Dropped $1500 in 30 seconds. gotta love expiration day.

[brazen python]

@hidden moss thank you so much for the YouTube video truly helpful and helped me make profit instantly god bless you Joe and have a great day !!!! And weekend your strategy rocks !!!!

[hidden moss]

My pleasure, glad it has helped you

[mild moon]

Hi, are you trading the ES Mini with a fast time fram (e.g. 1-minute to 5-minute chart)? I'm trying to find better settings for Lux since the default settings seem very slow

[livid turret]

Where can I find you in youtube joe?

[exotic bear]

does anyone know if its possible to set an earlier sell signal without it affecting the buy signal?

[empty solar]

@exotic bear You could add 2 lux scripts to your chart

For one only have buy signals

For one only sell signals

and use custom sens/agility on each

[exotic bear]

i cant see the setting's gear wheel

[empty solar]

drop this down

[exotic bear]

oh wow

it automatically saves it i guess, thats super convenient

so im in the inputs section of the setting

i dont see how i can separately set the buy and sell sensitivity

[empty solar]

So add 2 Lux algo premium to chart

Go into style for one of them

Un-select both sells for example

Go into inputs and change the settings for just the buy signals

Then in the other Lux added

Remove the buys

And adjust settings for just sells

[exotic bear]

Gecko, how do i add the second premium on the same chart?

nvm

i got it

just add in indicators

nice

Gecko, what exactly is agility?

i understand sensitivity but what does agility do for me?

oh

is it the rate at which confirmation signals are displayed?

[empty solar]

Agility will filter out ranging markets 🙂

[exotic bear]

ah

[empty solar]

@exotic bear Did you also email in asking this?

[exotic bear]

yes i did. You guys are on point.

[empty solar]

Pleasure 😄

[exotic bear]

Gecko, how do i save my customized chart so i can load it up again on another screen?

[empty solar]

You can save chart layout in the top right 🙂

[hidden moss]

sent you a link, and opened up the comments. thank you

[storm viper]

Guys I'm new and I'm using lux for btc usdt only any suggestions for another pair that I can use it more?

[hidden moss]

are you BTC experienced? @storm viper

[storm viper]

Yes a little bit I'm new in btc as well and happy with my results for btc usdt

[last sleet]

can you send me that link i would like to watch video?

[hidden citrus]

Is there any API? So that you can take some indicator data to write your strategy?

[empty solar]

@hidden citrus Not currently with signals but some of the other aspects you can

[hidden moss]

Just curious, I never trade Cryptos... Cheers

[storm viper]

Ok and can you please tell me what do you trade for exemple

[hidden moss]

@last sleet https://youtu.be/ErlsNdHLrKM

[hidden moss]

Hi, I trade heavily in Crude Oil, Nasdaq, and Silver. Also no forex. All in futures and options on futures

[south wyvern]

Hi guys a little sweet and sour news!

I got absolutely annihilated this week price action scalping crypto, but the good news is I've learned the errors of my ways and I'm going to be focusing exclusively on longer time frame charts and the lux algo and using it the way it's meant to be used, which is longer time frame low risk and consistent treating. Also good trading!

I want to give a special shout out to @Trader Joe Veteran#2029 who has showed me the error of my ways, and showed me that it is much better to be consistent and build something over time versus getting trapped in aggressive Trading styles that can really wipe you out.

Joe is an asset to the community, and he uses the program the way it's meant to be used and is proof that with the level head and a good attitude you can be a consistently profitable trader.

I'm going to be focusing exclusively on Joe's techniques, and I wanted to say thank you to him again for everything he is doing for all of us and having our backs in this.

Don't chase the fast money, slow and steady wins the race and we have more than enough tools at our disposal to make this a consistent lifestyle.

Happy hunting to everybody and thanks to lux and Joe for giving us a little bit of an advantage over the market. You guys rock!

Bto I was not using lux when I got annihilated haha. Just regular price action scalping. I'm switching to lux. I've seen first hand how Joe uses it, and it's the way to go.

Beware of trying to scalp crypto right now with leverage, very risky. Stick to the consistent stuff. Follow Joe he knows what he's doing

[hidden moss]

Thank you for your kind words... I'm here to help if you need me...

[hidden moss]

Cheers Ed!!! I know you have what it takes, gone your skills, lux algo in your arsenal, and on your way to freedom...

[south wyvern]

Slow and steady baby! Champs swing trade with higher time frames. Lux algo is your friend

Thank you again for helping us all out Joe

[alpine flower]

Hello, new to the group

[plain kite]

Sir do you have script for backtest

@hidden moss

[thin trail]

@plain kite we don't have a backtester script for the confirmation signals

[unborn vessel]

Yes sir exactly, watched @hidden moss video 2times to understand it correctly. since im also into cryptos do u think ichimoku cloud strategy works well in bitcoin in shorter time frame ??

[south wyvern]

You know, it's so volatile on the shorter time frame, and I'm noticing lots of traps where it will break a key resistance point and look like it's going to go in one direction, and then it will have a massive volume that takes it in another direction. It's really really tricky to try to scalp it.

I'm actually trying to back off completely and just focus on swing Trading to completely absorb a lot of that strange volatility that you can get trapped in on shorter time frames

[thin trail]

https://tenor.com/view/meditation-nature-creek-water-meditate-gif-4858351

Swing trading ^

(imo)

[south wyvern]

But I'm actually focusing on is completely going back to basics of price action and key reversal stuff, and then combining that with the lux system to get maximum efficiency and confirmation on stuff that I might be hesitant to pull the trigger on while working by myself because it's a lot of thought process involved

[thin trail]

Yep @south wyvern that's a good move! Keep it as simple as possible and use what works for you:)

[south wyvern]

Yeah swing traders definitely seem a little bit more Zenned out than the scalper guys. And at the end of the day it's about enjoying life, and I've taken on a lot of stress trying to scalp the market for 10 hours a day. It's just really a lot of energy staying sharp enough to scalp it for hours and hours and hours and hours. Like, why do that to yourself.

And then you get sloppy and stop looking at larger time frame charts, every time it makes a pullback you get heart palpitations. Oh and not to mention the losses when you miss something.

Yeah why do that to yourself. I'd rather be like mac and Joe sipping martinis on the beach and making money while I'm walking my dog.

[thin trail]

Exactly that, although some traders enjoy the constant action.

For me in swing trades, since I'm only really paying attention to 4H+ charts, key levels combined with Lux - I go many days without paying attention to the trade and most last multiple weeks. It's a matter of catching significant moves for me, not paying attention to the noise of lower timeframes and managing risk properly while doing it

[south wyvern]

Wow. Yeah I bet you can clean house on a leveraged position that follows a two day trend. Umm, yeah, I wanna do that.

[thin trail]

Make sure not to over-leverage, it's important

[south wyvern]

I feel with scalping I get too desperate to take a lot of positions, because you want to take advantage of every single little swing, and if the markets not favorable you can just get into a bad pattern of taking a loss, and then doubling down to recoup the loss, and then before you know it your psychology goes haywire and you start completely throwing trend analysis out the window and it turns into gambling really quick. It can cause a really bad desperation cycle, it's really difficult to keep your emotions in check.

It's very attractive to catch a solid indication and let that thing ride for hours or days and just adjust stop losses while you're out and about. That sounds great yeah sign me up.

Get a nice notification on your phone, enter a trade, and then go out into town and handle your business or whatever. That sounds way better

Yeah a lot of the experts I follow won't go over 10 or 20 Max leverage. I was playing around with 150x leverage scalping, which is great if it goes the right way, but it's a disaster if there is an unexpected market fluctuation, which happens and can clean you out really quick. it's just normal market behavior and it's unrealistic to think you're going to be immune to it especially at such a high leverage

[thin trail]

Here's a trade I am currently in right now @south wyvern - RAY

Holding a long position, Invalidated unless it breaks under this major level cleanly

Looking for another strong buy or breakout of the trend line to build more confidence in it, but just holding this

https://www.tradingview.com/x/G7TXMbgn/

accidentally leaked Lux Oscillator 3.0 so had to change the pic haha

https://www.tradingview.com/x/EliV4Fwq/

here's what I'd like to see @south wyvern ^

[south wyvern]

Oh yeah I didn't even notice that, I pulled the plug too quick haha.

Yeah that thing didn't break under the resistance of those previous reversals, that thing is still cherry.

Yeah I move that stop loss and go test drive some lambos

[thin trail]

Lux Volatility is very low

which is a great sign for the idea a large move is about to come soon

[south wyvern]

Okay and what else are you using as a confirmation that it's going to continue and uptrend? Just the fact that it's in an uptrend? What makes you confident it's not going to have a reversal? Just the fact that it's holding above that other key resistance line?

[thin trail]

partly fundamentals actually

and it's holding that major level

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

1D is still on a buy

[south wyvern]

Yeah I was checking out that oscillator.

I really want to play around with those oscillators they're super cool

[thin trail]

3.0 update is coming soon to our oscillator 😉

https://www.tradingview.com/x/ZB3da5iP/

looking for a strong buy and expansion

[south wyvern]

Oh man. Teach us everything. Everything!

[woven urchin]

Can you help me check sensitivty and aligity SPY pls

[empty solar]

@woven urchin Optibot has this for you :)

[livid turret]

What # signifies low volatility? Under 30 or so?

Also on one of my charts I’m getting these orange candles w Heiken candles on confirm simple — on the other charts I’m getting greens and reds. Any idea what this is?

[analog onyx]

low volatility is attained when the lux volatility is under 25%, high when above 75% 🙂

[livid turret]

Awesome. Thank you

[analog onyx]

you can have orange candles when there isn't enough data for the calculations of the signals.

[livid turret]

Okay. Getting that on an alt coin on a high time frame so that makes sense

And low liquidity basically means there aren’t a lot of buyers?

[analog onyx]

low liquidity means there is a low trading activity in the market. Note that this feature was removed in the earlier version of the indicator.

[livid turret]

Got it. Thanks man

One more question as I’m trying to understand the dashboard. Why is it important if it’s retail vs institutional traders in charge?

[analog onyx]

in the market institutions can be the precursors of large variations, they in general accumulate positions in certain areas, such information be important to see if a certain price level is important.

[livid turret]

So if we see institutions buying or selling it might indicate areas to consider long/short?

Sorry I know this is basic just want to know what I’m reading

[analog onyx]

thats one way to interpret it, the metric mostly track institutional movement, it can be them buying, selling, or any action having effect on the market liquidity.

[livid turret]

Understood. Thanks for the explanation.

[wintry ember]

Can anyone explain the tp/sl feature as lux uses it? Noticed it in the settings the other day and wasn't sure how it was working. Didn't have time to play around with it before the market closed.

[mystic pollen]

you can still play around with it bud

if you have the reply thing on trading veiw

wait ohhhh you meant the tl and sp my bad hahaha

i thought u meant the support and resistance lines it gives you

but it basically just helps you do risk mang

but you can still replay the market and test it out

@wintry ember

[thin trail]

https://luxalgo.com/apps/help-center#hc-tpsl-levels

Video coming out on this soon 👍 ^ but see the guide here

[hidden moss]

hi guys, am new here

wanted to say hi to all of you

excited to be here

[thin trail]

welcome!

[hidden moss]

so much to digest here. wow

i have 100$ on binance platform, any suggestions where i can look here in vip chats to trade?

[thin trail]

#🚀crypto-chat

[south wave]

@hidden moss what do I change in the settings for the Algo to give me signals more frequently

[thin trail]

sensitivity

make it lower

[south wave]

@thin trail agility stays the same?

[thin trail]

doesn't have to be adjusted, see here:

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

it is more of an advanced way to adjust settings which can help filter out ranging markets

if you're adjusting manually i recommend just sensitivity

[midnight cedar]

Any prediction on Rblx this week

[exotic bear]

did anyone else receive this message?

DevEngine — Today at 4:37 PM
🎉 Congratulations, KenZolini! 🔔

[empty solar]

@exotic bear that user was banned :)

[exotic bear]

nice. I googled it and noticed its on reddit as well.

[hidden moss]

@empty solar hello, what would be the right channel to share my screen with Lux Algo community? VIP and future members? Analysis, live trade using Lux Algo?

[empty solar]

As in a live screenshare?

If it's analysis of an asset and a trade you're looking out for you can post in #696781587223937025
If it's a successful nice completed trade #💰share-profits
😄

[hidden moss]

screen share

yes, I stopped posting my profitable trades last week or so

Like YouTube live maybe

[obtuse fern]

Is there vtho chat group

[hidden moss]

I didn't see one

no worries, we'll see later in the week how the market is behaving...

[exotic bear]

@empty solar do you know if any new stocks for optibot will be added?

[thin trail]

Yes - next 1-2 weeks we are upgrading our data, so we are working on adding more

[dull moat]

@hidden moss can you please make a video on US30 please

[storm depot]

does lux work with 3Commas trading bot was just curious.

[thin trail]

Yes @storm depot

We don’t have instructions for it though currently as we don’t really recommend auto-trading

[hidden moss]

that's a good idea Pryank

[hidden moss]

I see a nice entry at 31110, exit at 32791... di you catch this upward move @dull moat ?

[rugged relic]

anyone use default setting to trade for all asset ?

[thin trail]

yes some do including me

[rugged relic]

Okay

Thank gou

You

[thin trail]

no prob!

[grizzled jolt]

How can I see the latest version for all LUX Algo indicator?

[thin trail]

!update

[hidden moss]

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

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

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

[velvet drum]

Can anyone tell me good settings for FET/USTD on 15min?

[thin trail]

We don’t have FET in Optibot, id recommend following this guide: https://luxalgo.com/apps/help-center#hc-adjusting-input-settings

[velvet drum]

Ok thanks guys, Much appriciate if u can add DOT/USDT in future 🙂

[thin trail]

DOT will definitely be in there 🤝

[grizzled jolt]

Is it the correct latest version now?
Lux Algo 3.4
Lux Oscilator 2.1.1
Lux Volatility 2.1

[thin trail]

Yep!

Lux Oscillator 3.0 coming tomorrow though 😉

[grizzled jolt]

👍

[harsh yarrow]

nice ! 👍

[harsh yarrow]

just wanted to give a shout-out to all LUX admins and developers who answer all day, every day the same questions over and over again for new users that dont spend a second to look up the documentation. 👍

[thin trail]

❤️ we do our best, happy to help everyone using our creations!

appreciate the msg @harsh yarrow

[sudden oasis]

Yesterday I've got this from one of the Lux Algo users. Be aware! It's looks very fishy!

[velvet drum]

thanks for the warning bro 🙂

[hidden moss]

I also got the same message

[sacred ridge]

Anyone here trading Banker's Strategy (Smart Money concepts) using Lux?

[hidden moss]

Hi. Are you referring to MMM, or institutional order flow. Not familiar with that particular term. What is the concept behind it?

[nova horizon]

Me why you ask ?

You need to put Lux algo contrarian setups to really make sense on your trading setups using liquidity concepts

[sacred ridge]

Interesting. The win rate with the bankers strategy is always low (offset by high RR obviously) but was curious if LUX could be used to improve the accuracy of set ups. Is this what you do?

[nova horizon]

Exactly , with bankers strategy you’ll always have minimal lost but the highest risk reward indeed and when you put Lux algo in contrarian mode you get that edge because Lux give you the signal but you need to be patient and remember that it’s just a warning to prepare to your entry

This is an example this morning

[sacred ridge]

Great thanks. Really interesting. What specific type of set ups (within the Bankers Strategy) do you use with Lux contrarian?

[nova horizon]

For pairs eurusd audusd gbpusd and eurogbp I use sensitivity 21 agility 22 , basic settings auto confirmation signal settings on . Signal mode contrarian and alert conditions contrarian buy and sell.. still tweaking it but you’ll get results just learn from them and do not enter right away .

Mark up support and resistance levels on H1 and H4 ..

Look for an entry on 5 min and 15 min

Demo testing but it’s getting a nice returns .

[sacred ridge]

What/who’s bankers strategy are you using? (Never heard of support and resistance being used with BS??? Always been taught that’s the retail traders traps!)

[onyx dome]

hey guys! good to be here! Looks like a great community - will contribute with whatever I can 🍻

[hidden moss]

how mysterious you are... what is the concept, as asked above...?

make a video and share

I'm up 7% today... with what I shared here on video

...

wow, either busy, or arrogant

later, got the info, not that impressive anyways, just old school mumbo jumbo

[nova horizon]

If you don’t know price action and volume you are lost , and bank strategy does not always win , you need to understand Market behavior before you understand bankers

You can be a retail trader with good returns , risk management it’s all about

[sacred ridge]

Hey sorry, is this directed at me?

[hidden moss]

Jorge, you sound like a wall street veteran, or total noob, repeating known basics...

I trade institutional, with no margins

private hedge fund

[sacred ridge]

Yeah I understand PA and volume. Just curious what type of set ups your targeting (signature patterns, double mitigation etc)... unless we’re talking different things?

[hidden moss]

no need to school me jorge

stay profitable

later Lux Algo, I'm outta here

[sacred ridge]

????!

[livid turret]

Hey Joe, trying to DM regrarding a question I have from the video but can't get through

[exotic bear]

i still haven't seen a live signal change in the charts for some reason....

it always pops up after a refresh or when i switch from one chart to another

[empty solar]

@exotic bear Very odd, which asset / tf?

[exotic bear]

almost on all of them

i'm sure i optimized my settings

[empty solar]

Do you have a screenshot of what you are seeing?

[exotic bear]

i don't

i see the signals but it seems to just... not pop up lol

maybe i'm trippin...

[empty solar]

They really should do; what settings are you on?

[exotic bear]

i use: 3, 64
and default settings to cross reference both charts for optimized signals

but for some reason, it's either i miss the signal pop ups or something is off

like right now

[empty solar]

May I see a pic?

[exotic bear]

in my 3,64 chart on APPS, i missed or didn't see the buy signal...

first pic is the 3,64

[empty solar]

Ok so where did you expect to see a signal?

[exotic bear]

i would have liked to see the sell signal at around 86

[empty solar]

So that would have required a lower sensitivity?

Because that's a very sharp move

[exotic bear]

sens. is at 3 already

[empty solar]

Does 2 help at all?

[exotic bear]

no

[empty solar]

It's a really really sharp move on a pretty messy chart so you may want to use other tools to catch that top e.g. new oscillator / TP-SL tool

[exotic bear]

maybe there was just too much volatility during that candle?

[warped nova]

@exotic bear that would be a hard chart to trade

[exotic bear]

damn.... i should have just trusted the lux algo. I LOST MONEY ON APPS!!!!!

going right back up to where i started

lol

oh man

i wasn't even close to optimizing the chart hahaha

so many other indicators to optimize

[warped nova]

@empty solar in regards to the Optibot settings. Did you guys backtest it and if so do you have the backtest results you can share?

[empty solar]

Optibot in itself is a type of backtest so will normally be the "best settings" assuming each signal was taken blindly which isn't really how people should use it or trade 🙂

We tend to not want to share results in each post as it'll mislead newer traders into thinking "oh these settings are nice, I'll stick them in; follow them blindly and then expect xyz% easy"

Because at the end of the day there are backtested and not forward tested

Which could be considered a slight overfit

[warped nova]

okay, but the test was done with the criteria being what? If a trader takes every single signal but where is the exit point?

that's kind of what I'm looking for

[empty solar]

It'll basically use the entry as the signal e.g. enter long at close of candle

and exit on the next signal

[warped nova]

gotcha. Goes long on buy (just buy or strong only?) and exits when a sell signal appears

[empty solar]

Goes long on both and yep 🙂

So basically just buy, sell, buy sell etc

[warped nova]

thank you kindly

[empty solar]

@latent notch You can ask in here 🙂

[latent notch]

Got it thanks admin @empty solar

@royal sage just want to ask what are your settings and the TF you are using on xau and us30

[brazen plank]

Any thoughts how to understand this signal?

[empty solar]

@brazen plank You'd need a little more context to it e.g. Was market ranging, was it near a s/r, what were other features saying

@marsh moat Ask in here 😉

[marsh moat]

my bad

haha

[empty solar]

hahah all good 🙂

[marsh moat]

I have $100 account and the max LOT I can set is 0.07..... I saw that guys with 0.50 LOT , how ?

haha

[spiral venture]

how come you're asking this and you said you made 20$ account into 5k account

o.o

[marsh moat]

That was on stocks

I mentioned that I just started Forex

[drifting basin]

Nice update Lux team. Thanks for implementing my suggestion with the dashboard 🙏🏾

[lyric wagon]

hey 🖐🏻 What is the best setting for Nasdaq and good timeframes ?

[barren beacon]

Any one using lux algo for trading in oil ? please share me the settings.

[true jasper]

Always welcome

[empty solar]

👑

[iron galleon]

Im new here guys. What is a good 1hr/4hr strategy with lux algo to trade forex pairs? So that I have somewhere to start

[true jasper]

The idea of filtering confirmations - absolutely - you’ll certainly need to use it in every market. Different indicators may be needed. This particular indicator in the video works really well for metal, forex, and indices

[true jasper]

Any strategy will work, but you will likely find the most success with trend trading. (I’ve done virtually every strategy, trends are my most rewarding)

But there are some good swing traders in here as well

What do you gravitate toward though?

Capitalize on your strengths

[iron galleon]

@true jasper So I dont like to day trade or scalp. I prefer to set and forget. On a naked chart I try to identify support and resistance as well as an overall trend line. Then I would look for a candlestick entry at an area of multiple confluences in the direction of the trend. However I notice that this strategy often has a high amount of losses but a large win.

[shadow junco]

What is considered a good win rate for a strategy with forex? 50% 60%?

[mystic pollen]

100% all ways the best hahah but a 60% with the right risk management is pretty good as well. if you put in 0 trades a week out of 10 you get 6 right and only 4 wrong with the right risk mang even though a 60 in school may be a F hahah thats pretty good profit in the market @shadow junco

i mean 10 trades a week my bad @shadow junco

[ionic tinsel]

I think that the risk reward would need to be part of it. if it was 60% win rate at 2:1 rr then that is good.

[mystic pollen]

yeah with like i said the proper risk mang AKA risk ratio @ionic tinsel

[ionic tinsel]

for in trend trading then you can look for hidden divergence. Once you have the trend look for a pull back where that pull back has hidden divergence (from another recent pullback of similar size) This can give you a good strategy

if you want to make money fast then you need to scalp probably, just more trades and therefore it recycles your capital more to gain faster profits (if you have a profitable strategy that can work on short timeframe)

[iron galleon]

Whats a good set of indicators on lux to follow the trend?

[ionic tinsel]

I am using Lux oscillator in legacy mode with a setting of 200

but trend is more than an indicator, look for end of trend signs (double top, resistance/support, regular divergence)

but you can do pretty good with the indicator

[iron galleon]

Yeah i like to trade on the higher TF. at a pullback to the trend. My problem is the entries. I have trouble entering

and get stopped out

[ionic tinsel]

that sounds like a trouble with setting the SL

[iron galleon]

or ill have the market completely reverse on me

[ionic tinsel]

That is psychological, as in the market will reverse on you but it is just part of the game. Go for a higher win rate strategy to overcome the mind game

I will give you a strategy but you need to back test it

[iron galleon]

please do. i appreciate it

[ionic tinsel]

setup the oscillator like I told you. Then setup the main indiator on your chart. Look for when the trend changes and only take the first entry and only if it is a good pull back

set the SL to the previous low (if going long)

[iron galleon]

Which is the main indicator? Do you mean the buy and sell signals or the reversal zones?

[ionic tinsel]

Then you need an exit strategy

confirmation

I circled the buy

It depends on what you are trading and what time of day as to how long you can expect the trend to last (that is the 2m timeframe)

advantage of 2min timeframe is you get lots of practice as you have plenty of entries

I can get 10 trades in a single day

but I will take the first two trades in any trend normally

[iron galleon]

ill have to backtest it on the 1 hour TF. because i dont really have the time to day trade

[ionic tinsel]

It is profitable strategy if you can get your exits good. But I am scalping so my exits are quick (normally less than 1 hour)

try it on gold at 1hour or 30min

[iron galleon]

Thanks that was really insightful

[ionic tinsel]

you can turn on alerts so you only need to look at it when there is a signal but you will need to reject most signals

you will get a better ratio of good signals on 1 hour however

Also Note that for trend trading if you are on the 1hour there is often a midweek reversal (and often a NY session reversal) of the trend. Never marry the trend which is why the first and perhaps the 2nd pullbacks are the ones to trade in a new trend. Also confirm the trend has broken previous trend. Which is if previous trend was short and now long you have a higher high and when it does the pull back you will have a higher low, but check the pull back on the down trend last and see that you are not still technically in a down trend

[iron galleon]

Yeah i usually like to wait for the last high or low to be broken and then form a new high or low

[ionic tinsel]

also I suggest you get 2 or 3 pairs or instruments to trade only. More is not better

[mystic pollen]

any one have good settings for us30 and ger 30

[iron galleon]

absolutely. I like the jpy pairs because they trend alot. Im not ready for gold or indices just yet

[ionic tinsel]

If you can trade NY time then switch to US30 only as it is the best trender

[iron galleon]

i also like AU and GU

[ionic tinsel]

You can get a 5:1 trade on US30 in a day trade

[mystic pollen]

i lit only trade us30 and ger 30 i love them both and good profit from both i just want this indicator on right so im looking for best settings on it

i think the LUX programmers are expanding and going put some up for the indexes hope

[ionic tinsel]

what TF do you trade?

[mystic pollen]

what you mean ? @ionic tinsel

[ionic tinsel]

1 hour timeframe, 1 min ?

[mystic pollen]

oh 15min

[ionic tinsel]

ok I am on 2m

[mystic pollen]

and i profit daily

[ionic tinsel]

a bit more signals

[mystic pollen]

that 1m and 2m stuff is for them hfx peopel they can keep it

and yeah on that 2 min and 1min stuff you get hella sigs

ill go to 5min here and there to see different movement but thats as low as ill go

[ionic tinsel]

I need to work on my settings, I am making profit on it but I am just using default on the main Lux indicator.

[mystic pollen]

i rairly use my lux hahah i got it just as another indicator to see how it was becasue my home boy told me about it but if im paying 60 a month it better be 4 out of 5 correct on its calls hahah

[ionic tinsel]

well it suits me, 60/month is ok if you can make $1000/day

[mystic pollen]

i mean of course but at times it can be whats the word shaky

[ionic tinsel]

I think any indicator strategy is going to be the same

as in not perfect

[mystic pollen]

i mean yeah i i dont expect that from free indicators but if im paying then it better give my money worth 4 out of 5 calls better come out correct

[ionic tinsel]

I think if there was an indicator that good it would cost a lot more, but I would of course love to get it

[mystic pollen]

nah nah 60 is still pricey for people so it i would hope 4 out of 5 coming correct 4

[ionic tinsel]

If you have settings and strategy that good please let us know. However the strategy I just gave might be that good depending on how you exit.

Just waiting for TP is great but markets are not that predicable

[mystic pollen]

im waiting on them for the settings for us30 and ger 30 they said they coming with it

i messed with the settings a bit to just see the dif

[ionic tinsel]

what is the spread like on ger30?

[mystic pollen]

ooph

at the moment 330

[ionic tinsel]

not bad

as the thing moves massive amount of pips

[mystic pollen]

hahah not bad is like 30 but yeah lit 12 pips on us30 on a 0.50 is like 60 bucks profit

it moves so fast

[ionic tinsel]

I will have to look at it when I get time

[shadow junco]

@mystic pollen thanks for the input! I haven't started live trading with it yet, just back testing. So far I have a 60%win 24%loss and 16%break even

[brave oak]

What tf do you trade indices at @mystic pollen

[hollow shadow]

hello, I am newe here, who trades crypto with LUX and is able to guide me to some success with it 😄

[red sundial]

can some one send me there settings

[midnight radish]

has anyone faced the following problem with a solution?
I want to start trading on binance and track my progress but i already have quite some coins there. is there a way for me to transfer them somewhere locked that they cannot be traded so i can't trade my cryptos by mistake and keep em safe?
don't want to move em to a hard wallet as they are not that many in terms of value and moving em will require a lot of fees.

[sage rune]

Transfer em to safe wallet.

You can hold there for a loong time

[midnight radish]

safe wallet? is that inside binance or a third party wallet?

[sage rune]

Basically like Exodus or smth

Trust wallet

[midnight radish]

problem is that fees could be a good 5% of some of the coins value and don't want to do it now 😦

thought there would be an option for me to lock those inside binance but don't think there is

[sage rune]

You can stake them if u want

But yeah i think there is not this kind of solution.

Sadly.

[midnight radish]

darn, will check if they can be moved to p2p but not used there 🙂 that might solve my case

tyty! 🙂

[warped nova]

@empty solar is "Lux" the new oscillator mode?

Nevermind

[empty solar]

It is :)

[livid turret]

The lux osc is pretty amazing at calling reversals I have to say

[empty solar]

Hahaha thank you 😉 and it'll only get better

[livid turret]

You have a user for life here. Keep I’m the good work

[limpid fossil]

Hi after how many candles the institutional levels it’s printed

[empty solar]

None - it's live 🙂

Oh the pivots?

[limpid fossil]

Yes

[empty solar]

(SR Signifiance + 1)*5

@limpid fossil

[limpid fossil]

Ty

[warped nova]

whoa

you guys got any data you can share in regards to the Lux oscillator? Such as win rate for divergences?

[empty solar]

oh not yet, it's brand new 🙂

and may be subject to improvements in updates

[warped nova]

I turned it on today for the first time. I didn't realize it was new

noticed it was calling reversals really well

2 minute time frame

[empty solar]

Yep it's very nice all real time 🙂

[warped nova]

called the bottom on spy almost exact

[empty solar]

😄 Yeah it's really nice and adjustable too, we plan to try and improve it too of course 🙂

[warped nova]

hoping you guys gave me a new tool to play with

[empty solar]

hahah hopefully, it may be nice confluence with the predictive ranges 🙂

[warped nova]

time to MANUALLY backtest it

right, I'm lookiong to pair it with predicitve ranges

right now I"m just scalping off of S1

thank you Lux

[empty solar]

Pleasure as always 😄

[warped nova]

do you see how I typed manually in all caps to show my displeasure?

[south wave]

Im new to forex and Lux. Say I deposit $100 into my trading account, how much $ is it if I take a 0.1 lot trade

@empty solar

@hidden moss

[analog onyx]

a 0.1 lot trade should be 10 000 units, which is a mini lot. The value depends on the base currency.

[south wave]

@analog onyx oh ok, so it’s not necessarily a percentage of my bank roll?

[analog onyx]

yes, a lot size will not be a percentage of your account balance.

[south wave]

So I have $100 in my account, and I spend .10 on a trade. How much money do I have left in my account?

It depends on what ticker I’m trading?

@analog onyx thank you so much for talking with me

[analog onyx]

would depend on the base currency, if you buy EURUSD with a 0.1 lot, this is 10 000 EUR, in general you will use leverage, or use lower lot sizes.

[south wave]

So can you help me with the math real quick lol? So hypothetically, I have $100USD in my account, and I buy USDJPY for example and I spend .10, how much money do I have left in my account

[red sundial]

thanks to customer support i can now use settings great people thanks

[warped nova]

If my manual backtesting goes as well as today has for the oscillator then I might have a new favorite tool

[nova horizon]

Use a tool called lot management pro for free , u just need to pip how many pips of stoploss and how many pips of target and you’ll know your account balance

If you have a standard account 0,10 lots it’s to high for someone that just started to trade

[waxen root]

Hi, I been trying to get some help on the vip-support with any help from any one from Lux, is there any mail adress to write them?

on the screen shot a short period of time where I got more wrong signals than good ones.... Any ideas?

[harsh yarrow]

@true jasper not sure if 3% risk is good money management 😉

[analog onyx]

as I said, try using additional filtering conditions, no signals should be followed blindly, they are there to support a methodology/hypothesis, using the signals + divergences is already a more robust method 🙂

[waxen root]

what other filtering conditions do you suggest? I got more than 60% of bad info in the first chart that I open

[copper basin]

have u checked out the optibot tab? they post Sensitivity and agility settings For a few time frames

[analog onyx]

divergences + signals will give you reactive results, waiting for the trend area to confirm the signal will give you interesting results to, but its less reactive to use this filtering condition. You can also use the main indicator with the oscillator.

[waxen root]

regarding the support and resistance why I got new ones where in the marke thare are no new ones?

[copper basin]

oh he askin bout oscillator

[analog onyx]

these support and resistances are for the oscillator only, if you want support and resistances for the price see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/support-and-resistance-and-trendlines 🙂

[waxen root]

is worst when you add the main indicator

What I´m doing wrong?

Or these is as good as it gets?

[analog onyx]

@waxen root Nonetheless I do understand your concerns, contrarian signals, altho theoretically more profitable, are hard to detect, we made sure to have something good and innovative, that we can improve in the future. Also note that you are not adjusting the settings, give yourself some time with the indicators, experimenting, and you will converge toward a little setup you will be comfortable with.

You are also free to not use the oscillator, its only one of the many tools we have, don't force yourself on an indicator 🙂 Test all of them, and see the one you likes first.

[waxen root]

IT´S AMAISING HOW MANY TIMES YOU INVITE YOUR CLIENTS TO NOT USE YOUR TOOLS BECAUSE THE LAK OF ANSWERS, LAST WEEK GEKO WAS NOT ABLE TO EXPLAIN ANY QUESTION AND THE ANSWER IS NOT TO USE THE DASHBOADS, NOW I´M INVITE TO NOT TO USE THE OSCILLATORS AND THER ARE NOT MONEY REFOUNDS....

HOW ABOUT IF YOU TRY TO EXPALIN WHY THERE ARE A LOT OF MISTAKES AND BAD INFO INSTEAD OF INVITING ME TO STOP USING THE TOOLS FOR THE ONES YOU DO NOT REFOUND MONEY?

WHY YOU DO NOT SEND THE CONFIGURATION TO USE ON REAL TIME ON GBPUSD TO MAKE IT WORK AND NOT INVITE ME NOT TO USE THE TOOL?

[spiral venture]

lol

[summer vapor]

lmaooo

relax

[spiral venture]

instead of studying the charts he's complaining xd

[summer vapor]

^^^

[analog onyx]

@waxen root I am sorry that we are not giving you the answers you want, we want to help as much as we can. What I wanted to say is that we have a lot of tools, both in the oscillator and main script, you have a lot of tools you can use and experiment with, can signals be perfect? No, we clearly say it, we encourage users to use tools in confluence with each others.

[spiral venture]

once you stop taking the signals as your only strategy you'll understand

[south wyvern]

It looks like the sell signals are accurate, and the buy signals are not accurate, because it is in a downtrend.

I personally would use the indicator to find entry positions for down positions, because it's a downtrend, and you want to go with the trend

[spiral venture]

its not built in the strategy, its only a confirmation

[waxen root]

Great a good answer!!!!! @sour trellis How about more answers like these one

[south wyvern]

Lux has a video about finding entry points.

you are not supposed to buy when the indicator says by, and sell when the indicator says sell. That's the wrong way to use the indicator.

the indicator gives you an indication when it's time to start looking for an appropriate entry point. Wait for further confirmation before entering the trade. and without that confirmation, you should not enter the trade.

You need an actual background in how to trade.

[analog onyx]

@empty solar gave you a similar answer, we have all the materials you need to help you really. Sorry to hear you did not find my answers helpful. Will try to improve that in the future.

[waxen root]

you provide answers like these????????? Didi you mention that the the signals are suppose to be follow according the trend and not to spot tranding reversals? How about in the mean time you try to improve or not inviting the clients to not to use your tools because you are not able to explain install a refound policy?

[thin trail]

Hey @waxen root I think it might be best we go ahead and give you a full refund, we are trying to help but you’re not understanding our answers or the way the tools are supposed to be used. Please email [e-mail] and we’ll give you a full refund.

[south wyvern]

Mac's a good man

[empty solar]

It's the old you get out what you put in 🙂

[brave oak]

yeah i think most ppl give the manual a skip and then face the problem of how to use the algo properly

[south wyvern]

There's no magic button in trading. You have to know price action, and lux is great for giving you a ton of price action info that the human mind is just not fast enough to process

[brave oak]

Rightly said Ed

[hidden moss]

lux is fast af boi

[waxen root]

reason why there are any statics from any tool that you provide

[soft heath]

Hi I see that everyone inputs there account size in the settings. Why I can’t do that?

Is there something I need to download?

[waxen root]

and with any real or trully info you can afirm that you get what you put in... quite easy.... and quite LuxAlgo

[empty solar]

Because we provide indicators

Not strategies

Just like a MACD doesn't have associated stats

Or an RSI

[waxen root]

you have no idea what are you talking about how about if you log in into trading view and get an incorporate strateggy call macd and learn

its been measure, same as rsi, stoch and so on

[hidden moss]

Just because emas are on tradingview that doesn't mean you have to use emas, same with indicators lux provides. Find what you are comfortable with and try to implement it into your trading.

[thin trail]

Hey @waxen root - very much recommend you move on from our community. Sorry to hear you aren’t happy with the tools or you had a different expectation, we’re happy to give you a full refund! 👍 Just email [e-mail] - will be processed in a few hrs

[ebon wind]

Hey, guys I'm reading this and realized I Skipped the manual where can that be found

[empty solar]

!docs

[hidden moss]

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

[ebon wind]

thank you

[waxen root]

sure, whats wrong is that you have a guy like mak that is incapable of providing accurate answers, only knows to invite people on not to use the tools and has no idea what happens on indicators as he mentions....

He should not be here providing wrong info

and now he suggest to move from the community maybe he´s the one that needs to go, learn something and came back instead of copying and paste the invitation to not to use what you are salling

[thin trail]

@empty solar has many years of experience with developing indicators and strategies, and our lead developer Alex has 5+ years of development experience on TradingView @waxen root - we are not providing wrong information at all.

Please email support and get a full refund, we can move on from this & save all of us time!

[hidden moss]

I think its best for you to accept his offer before he changes his mind. Just saying.

[empty solar]

https://uk.tradingview.com/pine-wizards/ 😉

[ebon wind]

LMAO I didnt realize @analog onyx was actually a WIZARD!

[empty solar]

Yep of course 😉

[thin trail]

An actual, literal, wizard.

[empty solar]

The creme de la creme 😄

[hidden moss]

😄

[slow prism]

I’ve had LuxAlgo for a few months. All I can say it’s not a magic indicator that will make you rich without putting in the work. You have to learn how to use it like any other indicator that’s out there, Rsi, macd, etc.. but I do have to say that LuX has made it easier to find entries.

[empty solar]

When it comes to indicators you don't get much better 😄

[ebon wind]

"From all of us in the TradingView community, thank you, Wizards!" -direct Quote from trading view.

[ebon wind]

By no means do i know the ins and the outs of the stock market, I spent about 6 months studying and did okay, then I found Lux. I have been profitable ever week since starting.

I also only trade options though

[slow prism]

Same here, mostly options.. little gains at a time, but I’m ok with that

[ebon wind]

Yeah my portfolio is extremely small.

[haughty prairie]

I am going to be completely honest with you what ever problem you are having is not most likely not lux's fault. I have used lux and everything works perfectly fine. If you have lost a lot of money I think it would be time to start using proper risk management as well as finding a good strategy to pair lux with. I suggest that you find a good strategy and test it using paper money first then move onto real money. Make sure you are also using lux as a trend confirmation tool not when to buy and sell a security. Just my honest opinion. Have a good Day 😃

[slow prism]

Same here.. let’s go for base hits instead of that home run!

[slow prism]

Well said

[ebon wind]

Thank you. I would assume that person didn't do their homework properly.

[warped nova]

@empty solar hey big guy

quick question

do you have any data in regards to Lux Oscillator vs. the signals?

[ebon wind]

Nothing huge but it works to build a portfolio.

[warped nova]

@empty solar you know does a bearish divergence likely play out vs. just a buy signal?

and does bearish divergence not play out as often vs. a strong buy signal?

[empty solar]

No stats yet but will look into it 😄 It's brand brand new

So we need some time

[warped nova]

you got some data or you wouldn't put it out here 🙂

[thin trail]

They’re more similar to contrarian signals i’d say

[empty solar]

Oh we don't have it quite yet

[warped nova]

Got 9 divergence signals on SPY 2 minute TF today, 7 out of 9 played out

the last two were green dots during the sell off

[south wave]

How do you save settings for individual charts and tickers? For example, I wanted to save sensitivity and agility for XAUUSD, but it applied those settings to all my tickers not just XAUUSD

[warped nova]

@empty solar can you add this to your list of my questions? From the moment a divergence appears on, say a 15 minute chart, how long before the divergence plays out? 45 minutes? Two hours?

[analog onyx]

unfortunately at the moment you can only either use multi charts layouts, or use multiple layouts per ticker. There isn't a simple solution to save settings as default for specific tickers.

[hidden moss]

ok, i lost 35$ today... i have left 12$, aparently i need some help using this

[keen plover]

Can anyone help me with settings for nas100?

[ebon wind]

I'm assuming you've reach out to tradingview?

[thin tulip]

Yes any good set up just for indices ? Thank you

[analog onyx]

@keen plover optibot support ETF's (they track indices), for NASDAQ see QQQ, SP500 see SPY, and dow see DIA 🙂

[analog onyx]

do you mean if we reached out to tradingview to propose a feature allowing users to save settings per tickers? We thought about it yes, we will try to do it 🙂

[keen plover]

Thank you 🙏 been looking for something for like 8 hours

[thin tulip]

Thank you so much 🙏🏽👍🏽

[warped nova]

@analog onyx Alex I know you know the answers to my questions

come on big guy

don't hold out

I see you are typing

[analog onyx]

I personally like divergences more than anything else, its a good sign a movement is fading out. But thats a personal pref 🙂

[warped nova]

what about duration question?

[analog onyx]

thats extremely hard to say, maybe impossible, but I would say it depends of the settings, if you use higher length settings, the duration of a reversal after a divergence might be higher

[warped nova]

damnit Alex

duh

[analog onyx]

But in term of how long the divergence will play out I am not sure, it can maybe be quantified, but yep, will be higher with higher settings.

[warped nova]

I think it is quantifiable

give me access to source code and I'll figure it out...

hmmm....

just playing with you guys

I've asked Gecko for source code a few times, still getting turned down

even offered him tons of cash to betray the team, wouldn't do it

upstanding citizen that Gecko

[hidden moss]

hahahaha

[warped nova]

Might be better to play spreads with divergence vs. buying options, let theta work for you as you wait for it to play out

well, I guess ATM option with a week DTE could work

if you wanted to just buy options

I'm just talking to myself if you don't mind

things get slow in here after all

[ebon wind]

thats the strat I use

[warped nova]

the divergence?

that's how you play the divergence on the oscillator?

[ebon wind]

Nevermind you are way deeper into this then I am.

[warped nova]

You use ATM option with one week DTE to play the buy/sell signals?

[ebon wind]

Yes.

[warped nova]

what time frame chart?

[ebon wind]

2-4 hours for weeklys

[warped nova]

ah

[ebon wind]

3/4 weeks profitable at this time

[warped nova]

nice

[ebon wind]

yeah and so far this week I'm profitable as well.

[warped nova]

Can you throw up a chart showing past 4 weeks?

are you using default settings?

I like the default settings

[autumn moth]

Hi, friend
What is the setup you use, TF, indicators, etc?

[warped nova]

@autumn moth that's just 2 minute

everything is default

[autumn moth]

nice, tks!!

[ebon wind]

you got it

The huge drop off was me trying to understand how to use lux and weekly together. Ever since I've been climbing. I also have other options in here as well but overall you can see there is consistent gains while using lux

[autumn moth]

What is the indicator of the line that looks like an RSI?

[ebon wind]

Here are the two weeklys i bought off yesterdays signals. TSLA always fucks me lmao

[hidden moss]

I'm glad you didn't give up in the beginning when you lost a lot of money

[ebon wind]

I went into this knowing I would lose money.

[warped nova]

@ebon wind sorry, I meant can you show a chart showing your trades past 4 weeks? Where you took the trade and where you exited the trade

@autumn moth are you talking about the middle indicator? That is just PSO

[autumn moth]

this

[ebon wind]

I have no clue how to get that information

[autumn moth]

thanks friend, I already found it!!

[slow prism]

Hi, how do you go about choosing the strike price for the alerts sent? I want to start trying out debit spreads. Still trying to figure out a system that works for me.

[gusty merlin]

does lux algo give signals afters and premarket?

[empty solar]

Not in our scanner channels

but in tradingview it can if enabled

[brazen osprey]

Someone can help me with the indicators?

[empty solar]

What's up?

[brazen osprey]

I’dnt see the

Locked

[empty solar]

@brazen osprey Did you provide support with your username?

[brazen osprey]

Yes

[empty solar]

hmmm try to log out then in

[empty solar]

Are you able to double check the username you provided to support was correct?

If not DM me your email and i'll follow up

[brazen osprey]

I sent you a msg

[empty solar]

@hearty lance I copied your msg here

others, I need your advice. I am relatively new to trading (day trading mostly) and I try to make some passive income. I have done so much research and learning and practicing and learned so much about technical analysis. my career is also data analysis. I can understand the charts and the dynamics pretty well and when it comes to technical analysis I am comfortable to setup trades. However, when it comes to fundamental analysis and understanding the sentiment of news, I get crippled and every once in a while I lose a big chunk of money. (The last instance was the interview with Jerome Powell last week and I lost so much in an hour laughing )
My question is, how do you guys manage to avoid the loss (Im not talking about setting stop loss, of course I do it) and how to use the news to realize the breakout directions? Also, I am still confused because I was watching that interview and was thinking when he says something good about covid recovery in the States, USD should gain power but I would still see USD was getting weak. I know it is my lack of knowledge about how immediate a news would affect the market, and so on.
Do you guys know any resource to learn these kinds of fundamental analysis?
Thank you guys.

[delicate moat]

gecko i think duribg covid is better if possible close all position daily, so not open position = no loss, the market crash every q1 q2 q3 q4 and also for any bad news and this situation i think is for years

[rancid moat]

Can I Scalp BTC on Binance?

Why is Binance charging me double? Anyone knows?

[hexed hatch]

Hi. Im new to VIP section. Just wondering what is the Optimised settings for NASDAQ100?

[south wyvern]

^second this

But it's on the optibot :-)

[hexed hatch]

What is the Symbol? Maybe I just know the abbreviation used

[south wyvern]

Nq1

[hexed hatch]

Got it! Thank you so much. Appreciate it 🙂

[south wyvern]

Looks like 20/20 on the 15 minute.

Good call btw I'm gonna play that one today too

[hexed hatch]

Yeah. Im looking on 5 min though 😄

[south wyvern]

Lemme know if there's a breakout :-)

[hexed hatch]

Im currently shorting. Just got my Lux package activated. Will try using this later

[ashen grove]

Hello LuxAlgo Family !

i am new here and very new to Tradingview and AlgoLux

i used MT4 before

[hidden moss]

Metoo guys

[ashen grove]

need to set it up

[glossy ridge]

Anyone playing xauusd?

[hidden moss]

guys how does it work?

[thin trail]

!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]

@hidden moss try refreshing

[hidden moss]

THANKS SIR

[thin trail]

let us know if you still need help 🙂

[south wyvern]

Mack can you make an indexes and futures chat

[empty solar]

We could add it; we will have a talk 🙂

[south wyvern]

Yeah it would be good, it's a different category than stocks for sure

[hidden moss]

Me

[hidden moss]

Can anyone help me please, how i get access to the live bot scanners?

[empty solar]

@hidden moss #🔔scanners-premium

Opt in there ^

[hidden moss]

Thanks!

[red sundial]

thanks lux algo it reported a down trend on apto then bought at reversal and it worked luv this sofware

[exotic bear]

@empty solar do you think you guys will ever make an update that will project an exit signal depending on the entry price?

[empty solar]

@exotic bear We add features that can be used for exits but we most likely wont give users fixed recommended exit points

We prefer to stick to making indicators rather than set strategies

@lunar pagoda :

https://luxalgo.refersion.com/?oid=74006

You can refer people here @lunar pagoda 🙂

Sign up for a code and you can share that

[lunar pagoda]

Just did ty

[iron galleon]

I would like to hear opinions on this strategy on the 1H chart. So i like to trade support and resistance with trendlines. What do you guys think of a strategy using Lux's Predictive S/R, Along with the Equalizer cloud and reversal zones. Rules are to take a buy or sell if a predictive Supp or Res has been broken or bounced off of as well as a bounce off the Reversal cloud. And only enter at the retest of the EQ cloud or previous S/R. Take profit will be the next S/R. No trades taken on purple candles.

[livid turret]

If we get both confirmation and contrarian signals near one another should that strengthen the overall legitimacy of the buy/sell sig am regardless if we’re trending or ranging?

[analog onyx]

Not necessarily since this can be caused by several things, but confirmation signals in accordance with a previous contrarian will allow you to filter out potential signals caused by unwanted variations such as retracement in a trend.

[red sundial]

TRADE STATION IS REJECTING MY BUY AND SELL DOES ANYONE KNOW WHY ?

[analog onyx]

there can be a wide variety of reasons, most common reasons for an order to be rejected include : instantaneous execution of a stop/limit order, or margin call. Make that if you are using stop/limit order you are placing them at a price where they will not execute immediately. Also check you have enough buying power.

[livid turret]

Got it. Thanks Alex!

[nimble osprey]

Guys, this question is for those who trade Us30. With the leverage of 1:500 whats the minimum balance that I can trade? TIA.

[hidden moss]

IDK exactly but I think with 100 you'd be able to trade US30 - speaking of opening account for us30 with 100 dollars is not a good idea cause you can get wiped our really quick.

[brave condor]

Can somebody tell me which alert options would give me "Strong Contrarian Sell" and "Strong Sell" alerts? I basically want any type of Strong Sell alert. Maybe the end of a choppy trading day has my brain fried but I can't figure it out.

[empty solar]

You can set those yourself

In the lux settings menu tick the conditions you want

then select alert any

!alerts

[hidden moss]

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

[valid sinew]

It I want to do custom tradingview signals for Lux Algo, can I have BTC and ETH both trigger off different agility and senstivitly settings or can you only use one setting at a time?

[empty solar]

You can 🙂

They just need to be set seperately

[valid sinew]

Sweet! so just be clear.. on the Optibot for BTC, ETH, and LTC all have different settings for sensitivity and agility. When I set my trade alerts for trading view to trigger on 3 commas, all i have to do is make sure i change the setting for each one on that particular chart..

[empty solar]

Correct 🙂 Just make sure they are applied when you set the alert

[fringe sparrow]

Is anyone here funded by FXSeed?

Are they legit like FTMO?

[brave condor]

Does "Confirmation Strong Sell" alert for Strong contrarian sells as well?

[empty solar]

Nope you need to set this:

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

See here ^

under alert any

[brave condor]

Ok, so to get both alerts in one, does this look right?

[empty solar]

Yep perfect 🙂

You selected the conditions you wanted and set the alert 🙂

[brave condor]

Ok. I love LuxAlgo by the way. Just alot of fine tuning, but I like that

[empty solar]

Glad you like it 🙂 Lot's to play with 😄

[ebon wind]

this weeks signals

so far ****

[haughty prairie]

Nice man glad to see its working wonders for ya 😃 . I would love to do stuff like that but I stay away as far awat as I can from options lol.

[red sundial]

how do i get the lines parrel

[analog onyx]

see https://www.tradingview.com/script/EJVwGujI-Parallel-Pivot-Lines/ and add it to favorites 🙂

[lucid herald]

Greetings, I’m new to Lux Algo. Will lowering the sensitivity give you more buy and sell signals?

[iron galleon]

Yes but not they wont be as accurate

[lucid herald]

Oh, don’t they have buy and sell signals before the buy or sell occurs on the chart?

[iron galleon]

There are but you can recieve false signals when a very low sensitivity

[lone swift]

Why do I have buy signals on a downtrend market?

[rose forum]

is there a go-to sensitivity while browsing un-optimized stocks?

[analog onyx]

It can be a contrarian buy if you are using contrarian signals, or it can be caused by a retracement.

[rose forum]

like random ones?

[analog onyx]

No, there isn't a fixed setting that will provide good results, optimal settings change due to the dynamic nature of the market. Use 'Auto-confirmation settings' if you want the signals to adjust automatically based on the dominant market cycle period 🙂

[rose forum]

so that checked box overrides my sensitivity?

[midnight radish]

yes 🙂

[rose forum]

what are your guys' favorite candle colors? reading this guide, seems like each one has its pros

[analog onyx]

I dont always use the candle coloring of the indicator. I use gray/black colors, they allow to use more indicators with different plot colors 🙂

[rose forum]

gotcha. There's a lot to learn with a new algo haha

I'm liking it though

[rain abyss]

so it seems where LUX algo excels is FOREX

gonna have to do some FOREX trading :L

[rose forum]

The Oscillator seems to pick up changing trends quicker than a MACD. So theoretically, a change on the oscillator puts eyes on the stock and MACD (for me) is entry

then use signals for confirmation

[drifting basin]

Really liking the Parallel Pivot Lines. I can use that in place of auto-trendlines!

Sometimes there is no trend line available to reference, but there is always a pivot line now instead.

[rose forum]

Is there a way to have a repeating alert on TradingView? Like once it triggers, it automatically is active again?

[rose forum]

Where do you see parallel pivot? I only see Institutional Pivot

[drifting basin]

#🆓free-indicators message

It's a new free indicator @rose forum

[rose forum]

didn't see that! Thanks!

[drifting basin]

np

And "Once Per Bar Close" is probably what you're looking for @rose forum

[rose forum]

I just set that up, so we'll see! Thanks again!

[wanton anvil]

Does lux Algo profitable with binary options?

[analog onyx]

honestly, nothing is profitable with BO, avoid these, as they are mathematically unprofitable for the trader.

[wanton anvil]

Thank

[old sundial]

Today's my first day with algo, someone recommend me a forex pair and configuration for 50-70 pips daily on 15- 30 m chart

Please, thanks

[rare wing]

#797529919499272224 #797529962072637500

[red sundial]

is there a video to turn the lines on

[empty solar]

Which lines are you looking for?

[fluid hornet]

Seems like I'm in 😍

[hidden moss]

Welcome.

[soft lynx]

Did anyone manage to get on the gold rocket?

Took off my TP and just have a trailing SL running but looks like it's just hit resistance

[hexed hatch]

No man. Getting tortured in this NASDAQ fiasco. Bloody hell!

[soft lynx]

Hit my trailing stop but finished up 240+ over two trades so unless it looks like it's going to have a huge reversal that's me done for today 🙂

[hidden moss]

It was nice trade if you took it yeah. I just don't like this range on gold im waiting for price to break above 1756

[soft lynx]

yep, Tuesday was a good day for me but yesterday looked rough so I didn't get involved

trading on the 30M some days fit my strategy perfect and then other days are way too volatile

[hidden moss]

I took one trade on gold yesterday, but price was just consolidating at that point. I hate newyork close. Somehow i managed to close with small loss.

[soft lynx]

I took a -2% of balance hit yesterday after trading when I knew I shouldn't

I'm EU based but generally use pre-NY open to decide if the day is worth trading in and after a good day on Tuesday I felt brave and paid the price 🙂

[hidden moss]

Same, i try to do all analysis on weekend for week forward. That's the only thing i hate about my trading, I am more of a 30 min and watching charts whole session guy haha, but i hardly find time to do that between weekdays since i have to do a lot of stuff in a day.

"whole day" i meant till i find trade or two, if market gives me this opportunity.

[soft lynx]

im a software dev so spend 9-5 at my desk anyway, so I just keep charts open on a spare screen and glance over now and again

it can get distracting though lol

[hidden moss]

😄 overall I am pretty happy with my results and trading at the time. I've been taking trading more seriously for last few months. So im getting used to it slowly. Agreed it's distracting me all the time lol

[hidden moss]

need to refresh my strategies. any decent one anyone having resulting in good decent/consistent profits? what are the sequences/steps, settings and things you look at to be consistent? just wanted to open my mind and hear ideas...

[ebon wind]

Can someone point me in the correct direction to learn how to trade futures effectively and what is a good starting minimum?

[true jasper]

What happened to this oscillator!! You done outdone yourselves again Lux

[soft lynx]

the new oscillator is 🔥

[true jasper]

I was putting off refreshing my charts on account of because it’s a lot of work to go through my layouts...

At first glance, I severely regret that move

[soft lynx]

if nothing else the new oscillator has really tightened up my entries

[fervent saffron]

All digital currencies go down ...

It's a bad day

[soft lynx]

@fervent saffron trade the trend 😉

[empty solar]

❤️❤️❤️

@obtuse oracle Best US30 settings in optibot channels

[fervent saffron]

I am new with you here .. Can you explain a strategy for day trading on digital currencies

[analog onyx]

see https://youtu.be/xezy6WGpZ8Y 🙂

[exotic bear]

anyone ever use iqcent for binary options trading for forex?

[analog onyx]

we do not recommend trading binary options. Nonetheless always see if a broker is regulated, not a lot of BO brokers are, IQcent doesn't seem to be regulated, which is a big no no.

[slim knoll]

is anyone here using institutional trading methods with their lux xalgo??

[red sundial]

DOES THIS WORK ON META 5

[drifting basin]

No it doesn't. It's a Trading View indicator.

[exotic bear]

@analog onyx what platform do you recommend when trading forex?

[analog onyx]

tradingview + oanda 🙂

[drifting basin]

That's my setup and I love how I can actively manage my trades on the chart by signing into Oanda.

[red sundial]

WHAT BROKER DO YOU USE JUSTFOUND OUT I CAN NOT DAY TRADE UNLESS I HAVE 25 GRAND IN MY ACOUNT ON TRADESTATION

[drifting basin]

I use Oanda

[exotic bear]

Tradovate vs. OANDA?

[red sundial]

DO THEY HAVE THE OTC MARKET

[drifting basin]

I'm not familiar with Tradovate so I can't say which one is better

[red sundial]

DO THEY HAVE THE OTC MARKET

??

[exotic bear]

does Oanda charge fees? its says tradovate is free w/ no commission costs

[drifting basin]

@red sundial what is OTC market?

[red sundial]

OVER THE COUNTER BRO CAN U PLEASE DO ME A FAVOUR AND CHECK IF THEY HAVE A STOCK LRDC @drifting basin

[drifting basin]

Ok one sec

[red sundial]

THANKS

[drifting basin]

@red sundial they do not and if you live in the U.S. they only offer forex trading

[red sundial]

I LIVE IN THE UK

[drifting basin]

Then you would be able to trade some indices in addition to forex. But no stocks as I'm aware.

[red sundial]

DO YOU KNOW ANY STOCK BROKERS

ON TRADING VIEW

[drifting basin]

I do not sorry. I only mess with forex. Maybe someone else can chime in.

[red sundial]

OK JUST THAT I CANT DAY TRADE UNLESS I HAVE 25 GRAND IN MY ACOUNT STUPID RULE

[drifting basin]

Oanda does have some fees yes. Because I trade forex my fees are in the form of spreads instead of commission though.

@red sundial that is a stupid rule

[red sundial]

WHO HAS 25 K

SITTING AROUND AND THE N PUT IT INTO TRADE STSTION

[drifting basin]

Right! And how do you get it if you can't trade to make it? lol

[red sundial]

YES IT ALL ADDS UP

NO ONE CAN BECOME RICH UNLESS THEY HAVE 25 K IN THERE ACOUNT

[drifting basin]

That's like needing experience to get a job but all the available jobs require experience.

[red sundial]

YES

[drifting basin]

The things this world does to people to hold them back from success I swear

[red sundial]

YES EVERTHING I DO SOME THING COMES UP I SWEAR

[drifting basin]

I know the feeling bro

Persevere though and don't let anything stop you from the future YOU choose for yourself. I promise you things will begin to line up for you.

Starting with finding the right broker lol

Keep asking around in here, I'm sure someone can point you in the right direction 😉

[hidden moss]

I think capital.com is on tradingview

[summer vapor]

https://www.change.org/p/sec-and-finra-eliminate-or-reduce-the-pdt-rule?recruiter=188598231&recruited_by_id=9f948340-76a1-11e4-9d37-390e6b0bb15d&utm_source=share_petition&utm_medium=copylink&utm_campaign=petition_dashboard

[warped nova]

These swings....

[red sundial]

etora has no stocks and i need a broker that can connect to trading view

[hidden moss]

etoro has stocks

as I already said capital.com can connect to tradingview

[finite patio]

Any1 know how to use the optibot settings on NAS100 index?

[haughty prairie]

The optibot is only for those listed stocks and if you want to find a good sensitivity and agility you adjust the signals until they fit your trading style.

[finite patio]

:/

[thin trail]

we’re working on adding much more @finite patio 👍

[hidden moss]

Mack's always workin same as gecko and other developers and staff members heh. 😄

[thin trail]

indeed, Lux is Life 🤝

[finite patio]

@thin trail Thx

[analog onyx]

we dont have index, we only have ETF tracking them, for NAS100 see QQQ in optibot.

[faint sandal]

I got a question in my email they said that when I signed up about putting my trading view account name on the sign up but never asked me what my name was for trading view or anything about treating view

[empty solar]

@faint sandal At checkout it would have asked for TradingView username

If you make an account on tradingview.com and provide this to support they can give access 🙂

[faint sandal]

I have a tradingview account already.

So what do I need to provide support with my username

[empty solar]

Ah then email [e-mail] with your username and they can fix that for you 🙂

[slow prism]

Anyone subscribe to Tradingview’s Real time Market data? I use Robinhood and Webull. If I would use a broker built in tradingview, would the market data be real time and not need to subscribe to it?

[faint sandal]

Any admins on right now????

[thin trail]

hello! @faint sandal

[faint sandal]

How long does it usually take after purchasing the subscription to have it ready cuz mine's been right at 8 hours and it said 4 to 8 hours

[thin trail]

check your email as we likely requested for your TradingView username if it's been this long

or you should have access since you're in VIP chats

!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

[faint sandal]

Ya I sent that already

Yeah I never got the confirmation email saying that it was ready so I figured I would ask

[thin trail]

There's no "Access Granted" or "Info Required"?

[faint sandal]

I'm in and setting and ✅ ng everything out now thanks mack

[thin trail]

Awesome @faint sandal urwelcome!

[mild mirage]

Guys a bit more of a general question but do most people use MT4 to place orders? Just dont find it very user friendly when placed trades with % risks, SL, TP’s etc
Any platform recommendations?

[thin trail]

yes for forex @mild mirage

most place orders there, and use TV to chart

[manic lintel]

Hello guys,

I just got my LuxAlgo account yesterday, can someone help me with the alerts

[mild mirage]

I’m just over MT4 I guess
I cant believe there’s anything more friendly out there
Anyways thanks, just placed my first trade with Lux!

[hidden moss]

Do i need to have Tradingview premium to access the algo?

[analog onyx]

no, you dont need premium 🙂

[hidden moss]

Thank you, thanks for fast answer!

[pallid tide]

Hello.

As in tradingview.com add display of buy and sell recommendations. Paid for the subscription

[charred dragon]

anyone settings on sqqq?

any timeframe

[hexed hatch]

Is it possible to set multiple alerts?

[fiery idol]

anybody have any good chart examples of how they are using the new updated lux oscillator ?

[hidden moss]

@hexed hatch if you are talking about tradingview alerts i think you'll have to upgrade tradingview plan.

[hexed hatch]

@hidden moss I have subscription already on TradingView

[soft lynx]

I'm currently working on an SaaS product that'll let people set multiple alerts in TradingView and merge them into a single actionable alert 🙂

[hexed hatch]

Awesome

[manic lintel]

Hey guys, may I please get help for Nas100 settings

[empty solar]

We have ETFs that track that

we have QQQ for NAS100

In Optibot channels

[manic lintel]

Thanks

[lunar pagoda]

Looking like they will push SPY to 410 before the rug pull. Might be setting up for a green week on Monday

[manic lintel]

Does the Bar Replay feature work when I have LuxAlgo on?

[empty solar]

It will yep

[mellow lily]

do u guys suggest using the "auto confirmation signal settings"

[charred dragon]

yeah that would be interesting

[empty solar]

It's a nice feature if optibot doesn't recommend settings 🙂

[charred dragon]

thanks

any options on nas100?

15m timeframe

[empty solar]

We have QQQ as an ETF tracking that in Optibot

[mellow lily]

and in the settings is it better for confirmation signals or contrarian ? or both, sorry im very new still

[empty solar]

That's ok 🙂 You can read about both here:

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

[mellow lily]

thank you

[manic lintel]

Please help, because mine isn't working

[empty solar]

What's not working?

[manic lintel]

Ever since I got LuxAlgo, my Bar Replay hasn't been working

[haughty prairie]

What happens when you press replay?

[manic lintel]

Let me take a screenshot

[manic lintel]

It is greyed out and I can't go back in time or even press play

[haughty prairie]

did you press the replay button first on top?

[charred dragon]

need to use normal candlesticks

doesnt work on heink ashi

[manic lintel]

You are awesome!

Thanks it's working now

[warped nova]

One thing I noticed this week with the Lux Oscillator on shorter time frame, I use 2 minutes, is that the first reversal signal is fairly spot on but after that it is meh.

[hidden moss]

can someone
teach me
how to use lux to profit like #💰share-profits

[red sundial]

do the reversal zones work on the one month chat?

[analog onyx]

yes, they will work on every tf as long there is enough data 🙂

[red sundial]

appl should be going down then

[jade escarp]

I think you should make a category in the vip section where people ( who want to ) should share their strategies - posting profits is awesome but the majority of users are newbies and have no clue or knowledge how to trade

[rare hearth]

Is there a video or documentation to explain the new indicator, would be great if it ran through a few trades to see as well?

[analog onyx]

which new indicator? Are you referring to our free latest free script?

[rare hearth]

lux oscillator , set to type lux, not the one in the free script

[analog onyx]

see https://youtu.be/0YG42qVbCtw and https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator/lux 🙂

[rare hearth]

thank you

[primal saffron]

it's actually suggested a few times and the admins are still considering it... here's my own suggestion:
#🔍feature-requests message
it's a pity this is isn't implemented yet... so many members posting amazing results in screenshots, with no info on timeframe, settings, strategies they use, etc... and all the new members are either asking the same questions over and over, or bombard the profitable members with dozens of PMs... there is #776138690007007292 but it's read-only and there's no community interaction: member <> member, member <> pro, etc

[empty solar]

@primal saffron @jade escarp This is something we are looking at but is not as simple as just making a room for these discussions, there are multiple issues with it if we don't take care:

1. Users posting strategies will get bombarded with questions around the clock which most people don't want to occur
2. We'd have to have staff clearing the chat out since people will end up talking in it rather than posting strategies burying any content
3. We sadly have users that may take advantage to promote their own content and platform which is against server rules

So before creation we must work to mitigate this

[primal saffron]

thanks for getting back on this! you seem to be on the right track, all these issues are real life scenarios, i've seen them happen elsewhere... you will have some bad apples, but eventually the community will take care of them... i'm happy to see you're realizing the value of this feature 😊

[empty solar]

Oh absolutely, lots of value in this for sure

[primal saffron]

especially for the recurring questions from new members, it will be God sent 😉

[hidden moss]

oh, ok, reading some of the postings above, my posting was deleted

[empty solar]

It's just against our server rules 😦

[hidden moss]

l;ater

[thin trail]

@hidden moss sorry about that, we love how much you contribute here we just can't have webinar promotions within the Discord chat

[pure socket]

#FreeTraderJoe 🙂

[charred dragon]

anyone good settings on us30?

[cyan barn]

this real?

says theyre in this server lol

[sharp mist]

probably scam LOL

like 99%

[analog onyx]

no, these are scammers, thx for reporting

@hidden moss

[cyan barn]

np

🙂

[hidden moss]

Im on it 😄 @cyan barn Could you send me his exact # numbers, its like 10 pople with same name and profile picture in the server.

[median latch]

anyone doing funded account with the Lux Algo?

[true jasper]

I think it'll break out soon here.

I don't even make analysis like that... but the support line is really strong

[thin trail]

LMAO @true jasper excellent TA

i’m hoping for a breakout too, might open a long

[true jasper]

It better go long. If that shorts, the market is royally F*kt

[thin trail]

legit

[midnight radish]

Was wondering, is there a pine script or something of the likes, that takes your current pair, sens and agi, and can backtest it on tradeview? this shouldn't be darn hard....

[manic lintel]

This is a scam right?

[rare wing]

yes

i'll deal with it, thank you

[manic lintel]

Thanks

[rare wing]

please refer to #824118848495157258 !

[vague raptor]

@analog onyx could I dm you with little question pls

[vague raptor]

Did you decide to remove auto market cycle based signals?

[empty solar]

We did to replace it with the new feature to provide the "best sensitivity" on the dash 🙂

[vague raptor]

yeah, looks amazing, eager to try it asap

wow

Have you actually changed a lot in the algorithm?

Which detects best sensitivity?

incorrect question

did you change how sensitivity itself works?

[analog onyx]

nothing changed in the signal generation algorithm 🙂 Still the same

[vague raptor]

thanks so much then because I really had hard time figuring out the sensitivity to match possible entries better

Could not get it like this to enter near bottom

[analog onyx]

really glad to hear that, we wanted to give alternatives to optibot for quick optimizations on any tickers supported by tradingview

Let us know what you think about the other features 🙂

[boreal heron]

which one better? optibot or the sensitivity reccommendation on new feature?

[empty solar]

Optibot tests over a higher range and gives agility too

So if your asset is within Optibot you should stick with that

[vague raptor]

spider dashboard is awesome, one thing i've noticed instantly it doesnt have as much info

maybe just add the rest of info below like mtf confirmations, active session etc

[hidden moss]

how to i do i see the recommended Sensitivity on the spider dashboard..?

[thin trail]

It’s just on the classical dashboard for now

[hidden moss]

ok thanks.

[analog onyx]

Thx, currently it might be complicated adding all the info into it, but in the future it might be possible :)

[red sundial]

New update is so cool lux algo keeps on getting better and better for me

[elder pivot]

Thanks for the update. Some feedback: The Spider dashboard would be more useful with 3.5's auto-confirmation settings, or when one is using pre-set values, since you need to change to Classic in order to see the recommended sensitivity.

[thin trail]

thanks @elder pivot - we may consider adding it back into advanced settings or having more info on it, will discuss 🙂

[elder pivot]

Good to read that. I think this is the first case where I'm keeping an older version on some layouts, for quick scanning.

[river blade]

I’ve broken the new oscillator down to just the trend, main & divergence and it’s working amazing with the auto confirmation on h1. Entries when trend and main correlate with the buy or sell signal and exits when trend changes or the opposite divergence appears

Little example entry was taken based on everything lining up blue and closed where divergence appeared.

I’ve also found that this helps keep out of bad trades with early exits for small loss or break even

[fluid hornet]

Boys

I need help learning how to choose a certain stock to daytrade

How do I find the party

[thin trail]

@fluid hornet we don’t really recommend stocks to trade, but we cover a lot with signals in #695668653869236433 🤝

[fluid hornet]

What do you recommend I go for when daytrading?

[livid frigate]

@thin trail where I can active the new recommended sensitivity?

[thin trail]

It’s found within the dashboard

[livid frigate]

Thanks found it

[mild mirage]

Hey bro can you explain where?