#š¬hangout
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I guess and it depends on the delta as well
plus if it falls, you lose the money it falls buy (if its a call) plus you lose the contract fee, plus the fee for the option opening'
You can get close to 1:1 share ratio but you will never find that
but yea, i trade with a group of people
we have a private chat going that we talk in
and we are gonna start doing options soon
maybe as soon as this monday
Smoke signals appreciated
if all goes well, we will expand the group, and ill add you to it
we are on usually around 8:30-9:00 am doing prep and by 9:30 we start trading, and givin each other symbols
we all use the same software, Lux algo, Tradingview, and Benzinga
I have a discord group but we arenāt serious. We usually just yell at the stocks that donāt work out
š
lol for us i guess its not a group, its on this discord the lux algo discord
its just a group chat in DM's
Lol how that happen
WSB on facebook is a joke
Were you bearish
all they talk about is dogecoin
one day they are blowing elon, next day they hate him
Oh no itās a sin to be bearish on wsb
all you see is dogecoin and "shib"

shiba inu coin, who in their right mind would even invest in a coin named after the dog that was the meme dog for dogecoin
theres also "MILF coin" now
Safemoon doesnāt even accept itās own coin for payment
Itās the next bitconnect
Lmao
Trump coin would be big with 20% of the population
Yea I get to see who is investing into it and then send a rocket to each of their house
Including Biden
Only reason I kinda liked trump cause Iām in the service and we get those pay raises each year
you can literally pay a company to make you your own coin, with its own blockchain, and send you the sourcecode, and have it registered and start being traded, and it only costs like $2500
Yea but you need to pay for marketing
Wow. That's it huh?
So another 3k at minimum
you dont need marketing just keep posting about it in stocktwits, WSB, and open forums
eventually itll catch on
LOL no
i never saw shiba inu coin marketed
It doesnāt work like that fam
CoinCOIN
Only reason that took off cause it directly related to the name of another popular coin
You need to pay high profile redditors to post about your coin
If I post with my little bitty reddit account no one is following that
All you truly need is one well timed Musk tweet.
i bought my first bitcoin when they were 100$ each
Chris you influence me
People make a life out of posting on social media. Other than that they usually have no real talent
Just make a Musk coin
@normal barn thatās called marketing to make them feel better
Omggg Iām good SEO analysts, I said this word that will pop up in search engine
Thatās what social media posting has become
Yup
the real elon coin
Yeah I have a friend that does SEO
At one point I was paying developers to build my website
Was a flunk
I know a bit about SEO
Backlinks backlinks backlinks
Iām definitely not at the level of a good SEO at all. I know how much it takes to get on the first page of google search
I know almost nothing about SEO, but I can build a database
It takes an arm and a leg FYI and maybe a kidney
I would imagine thereās a lot of metadata inside websites that helps it associate āusefulnessā on a search
Itās extremely difficult to get there and stay. Itās constant and you need a team to keep you there
That was my website ideal
I was beat to it
Gn everyone
Yes it will do
Does anybody know if this can be used to do Binary Options?
We do not recommend binary options, since they are mathematically unprofitable over the long run. The indicators are not specifically designed for binary options trading.
Are you sure š
I personally use it for binary options
But don't follow it blindly you will need to understand how each candle/combination of candles can change the price.
I adjust the indicator for 1m charts
And it has an average of 90-95%
Because I know when to skip some signals.
If you will follow it blindly and you don't know how to change it on profitable changes. You will lose a lot. I don't think this indicator is for begginers at all. You need to have some more knowledge about trading to have a big chance of win with it.
There exist some research regarding the mathematical unprofitability of binary options, winning rates must generally be relatively high (higher than the theoretical probability of winning a trade), worst than that it is not possible to get the benefits of diversification using binary options. We can't recommend binary options over classical trading.
From experience, what are the best pairs to trade lux algo on in Forex and stocks?
Also are there any specific tf you prefer and time of the day?
Trade when there is volume in the markets (let's say pre NY and ny open if you live in US). I like GJ and GOLD and timeframes above 30m.
How does Lux come up with institutional activity on crypto? What data does it scrape? Thanks
We can't go into too much details, but this estimate is based on Shalenās hypothesis and activity asymmetry. It generally correlate well with the COT report.
So basically all the flavor is in the secret sauce.
Thats a way to put it š If we see that users are unhappy with it we will use different methods tho š
Interesting, Thanks for the reply
cheers, what about asian and europe markets?
Do you mean EUR overall, if yes I'd trade pre London and London open and Pre ny and ny open both are good there is also nyse open later in the day which brings some more volume in the markets but i don't think you want to spend more then 5 hours in front of screens
@hidden moss cheers, I dont mind spending all day in front of the screen to make some $$
@hollow shadowThat's cool then, like i said pre ny and pre london and london open and ny open
@hidden moss cheers buddy
Lol
Itās not hard @onyx prawn
@onyx prawn the signals on there help identify good stocks to keep an eye on and the scanner aināt bad either
@onyx prawn the news part is self explanatory and definitely make your watchlists on there so you can easily see and hear corresponding news to those symbols
I donāt think Iāve tried their iOS
I usually just use their site
Should be a way set up cell phone alerts
I didnāt set mine up
Yea seems like itās not tailored for phone notifications yet
Hmm
Let me double check that I coulda swore I saw a phone notification option
Ah you can get in all notifications
So if you got the app it will notify you on your phone
As well as email and desktop notifications
Yea no problem. I got something else that can do it if not. UWMC is looking promising. Very undervalued real estate. Some short squeeze data is appealing as well.
I was supposed to get the ACT ipo on the 13th but they decided not to release the ipo yet because of market volatility
It was supposed to be one of the hottest IPOs of the year
They do mortgage insurance and this and last year mortgages have went through the roof
With the lowest rates but most require insurance when you donāt have the right amount of net liquid and high enough scores
Yea interesting
Iām trying to decide if I want to short sell MARA tomorrow
Where will you be able to buy that at
Bitcoin and MARA have a direct price correlation and Bitcoin dropped to 44k this weekend
Which means $MARA should drop tomorrow too
I wonder how this will affect doge
When Bitcoin hit 60,000 Mara hit 56.xx per share
Doge is .47
Walmart might go up 10$
Earnings report in 2 days
And so far retailers have been exceeding estimates
Iāve already got one of my monitors charts set up to watch AMC and another symbol
Lots of hype around AMC which can drive the price up and then itāll crash after the news comes out
When I read FUD I think Fully Undetectable
Donāt sell we win
I dunno what else fud means
Fear uncertainty doubt
In computer science FUD is fully u detectable like a FUd Packer is something that encrypts a Trojan or virus and packes it so itās undetectable by anti viruses
They will be strong for us not to get $15 because thatās their covered position through the option volume if I remember correct
It was 15-20
They have a very high float
Also year over year they have had to lay off employees
And hbo max and such services are releasing straight to stream
If it goes up it will be a squeeze
Not a permanent rise
BTC went flying down
This is why I always advise against putting most of your portfolio into crypto
@haughty surge not true warnerbros contract with hbo ends next year
For new movie releases
Thatās a long way off and it can change, or other platforms may begin the same type of service
I'm personally not a big believer in AMC, then again I wasn't in Game Stop either
Iām heavily bullish with AMC
I might be naturally biased though, I've never liked going to the movie theater
Yea that mentality is usually what doesnāt drive people to buy something. But reading statistical census reports just like GameStop could have been a game changer for a lot more people who werenāt biased. In one of the studies, a report said that over 50% still preferred disc over digital because of the trade in value it can provide where as digital, you canāt sell back
I dunno, GME hit 500 on a squeeze cause that company is as useful as a condom in a convent
All games these days are digitally downloaded
I believe it will change of course but I believe itās not right now
AMC has a lot of fear in circulation, new COVID variants, people now see the benefits of watching the same movies on the same day at home
Movie production companies still get their money
No 14$ small popcorn
People giving some power to the companies to better prepare their assets to transition to what is required to happen to evolve the industry
So you save $&
They are literally getting drained, only thing keeping them alive is the autist in WSB
Lol. I just think instead of hedges constantly shorting a long term company to near bankruptcy is wrong and doesnāt allow any improvements hardly
Hedges will always win they have a million for every one of our thousand
Cathie wood alone can make a stock price go up 40% in one hour if she so pleased and she has done it before
Weāre ARK would buy 2.xx million shares of a company and boom goes the price
Where*
Iāve seen and bought in right before she did it before
Prices went from 20 to 60 and in a day or two back down to 40 or 35 after the hype passed
Def Not disagreeing with that fact but Iām only risking like 13% of my portfolio so I know to risk manage it for sure
Some of wsb autist that @hidden moss is referring to are the YOLOers
That is completely retardation
Taking out their IRA Lmfao
I think I saw it the other day on Reddit someone took out 2.6million out with screens and everything
It really is amazing how well these support and resistance points work.
Half or even 65% of the people on WSB donāt even know how to set up an IRA
Iāve spoken to plenty of em they are all 18 to 26 range
I even seen some that are 17
Then another 20 percent are 26-35
a post on compounding would change their mindset
And last 10 percent are above 35
thats what they need to read
@haughty surge trying to swing trade for Monday... for benzingas screener which is considered the current volume filter?
on Finviz its relative volume and current
@onyx prawn if you want you can join us tonight around 9 or 9:30
We will go over some stocks for tomorrow
Me and two others
That's nice
Ok
To swing and say trade, maybe some options
š
Just joined what sensitivity do people recommend, Iām wanting less signals but more accurate ones
And tomorrow we will continue the group chat and try to profit
@hidden moss use auto pilot if your new
@hidden moss use auto or the optibot settings
Are you and your group mostly stocks or do you play futures at all?
Okay what do they do? Iāve got trading experience so just wanting to use this with my strategy
Stocks, my futures are managed by a separate company, they yield me around 9 percent annual returns
But so far our stocks have been good
@hidden moss u can manually adjust until you see them where you want them relative to the candles. Add number and then click somewhere inside the settings. Continue to do this until you see the results you prefer. Then play with confirmation signals agility for how fast you want a trigger
I trained one of the guys personally and he went from making 50$ a day to making 300-500 a day
Great cheers mate š
Damn. If only...
@onyx prawn you should use more than 13%
@haughty surge I will make your time worth it if you train me
@onyx prawn you should be using 80% on swing trades or day traders
Just set your loss limit to 2 percent per trade
@haughty surge AMC is my options bet. Expires in December
We are gonna start day trading options more this week cause with options I donāt think you need 25k
If i understand that correctly
You dont* need
@haughty surge options clear eod. So you don't need margin, you can day trade a cash account.
I trade options daily
Yea thatās what I figured
Sometimes I make 100 bucks and just sell
So yea we might do some options talk tonight
Thatās good
Do that 5 times and your set
I personally prefer OTM options
Damn you guys are gonna suck me back into stocks.
Higher returns
If you're trading options make sure your delta is .3 or better. Make it worth your time.
I only do .6 or higher
Stocks have a proven track record thatās why I stick to them plus I donāt want to look back on stocks and think shit I wasted 5 years studying chart patterns and all that
anything below .6 and you shouldnt mess with
I literally have book shelves filled with books on chart patterns, options, financial analysis, and a masters degree in business to boot
So Iāve invested over 80,000 into my education for this exact reason, not walking away from it cause of a new fad
I got this book for free
They give it out for free in that site just pay shipping
I think anyone can understand that PDF
no doubt
Yea I paid 5$ for shipping and they sent me that book, paid another 5$ for shipping and they sent me a boom āweekly options trading for weekly incomeā
This is only my third year of trading. Still figuring some things out, but I'm in a good groove so far.
The weekly options trading boom shows you step by step how to trade weekly options and when I tried their strategy I made 2300 in a week
But of course you still need the knowledge of chart patterns, access to benzinga and constant news feeds(also benzinga)
Lux Algo helps but like I told alexgrover I primarily look at buy signals
Sell signals seem delayed to me so I sell by my gut feeling when day trading
If itās approaching resistance Iāll sell
The s/r levels are money
I noticed lux has delayed sell signals, they send the signal@out after the down fall started already
I sell at the exact point the trend reverses and sell some more to make money off of short selling the stock so I get income on the way up and the way down
@onyx prawn hereās the link to get the free chart book mailed to you, say no to everything else just get the book and pay for the shipping itās like $5 https://reports.tradingtips.com/big-book-of-chart-patterns?ims=email-footer-bbcp&utm_campaign=BBCP&utm_source=Trading+Tips&utm_medium=email-footer&utm_content=big-book-of-chart-patterns
@onyx prawn this is the link for the free book for weekly income with weekly options https://reports.tradingtips.com/weekly-income-from-weekly-options?ims=email-footer-wiwo&utm_campaign=WIWO&utm_source=Trading+Tips&utm_medium=email-footer&utm_content=weekly-income-from-weekly-options
Same applies for the options boom say no to all their advertisements just get the book, same thing, free just cover the shipping
Shipping takes about a week or two to arrive
ooo thankss im excited to read em. ordering it
Heres 50% of my salary for when I start turning mass profits haha
Lol Iām good even when I teach people day/swing trading I never charge a dollar
You're one of the good ones.
I just do it cause I benefit from it as well, I get to review the basics again, and Iām basically redoing what I do on a daily basis, giving me a chance to review my strategy and make improvements
Thanks
No. Thank you, for giving back to the community.
Itās the only way to build a community, it was how peer to peer networks got started, free of charge and everyone helps each other they got it right back in the days of Napster etc
Everyone contributes to each other
that big book of charts is 39.99 on amazon for a pdf lol i cant believe they emailed me links to give it to me for free
and the physical copy at that, so i can take it on flights with me, or when traveling wherever
i dont like ebooks, if im gonna pay $ i wanna get something i can hold, not just a pdf that cost the company nothing to produce, just copy and paste
it was just a way a company invested to lower overhead costs and drive up revenue/income
probably that ass barnes and the hole nobles, put those 2 together and you get barnes and nobles or ah*
lol
@haughty surge think i Found a good one to swing trade based 50/200 ema and amount of volume surge
https://www.tradingview.com/chart/LQyqg1g1/
Whats your thoughts
200 ema is not for swing trading
10-20-50 ema
also the link doesnt work
whats the symbol?
its just an extra confirmation for me
FSTR
I think it would be a good 10% trade atleast idk tho
float is not great, but not horrible
yea I saw that too
B. Riley FBR Maintains Buy on L.B. Foster, Lowers Price Target to $20
seems they are on a rebound
1 year 65% 3 month 9% 1 month 3.4% 5 day 6.61%
Q1 was a loss
and their after hours friday are set for a gap opening
but youd need to see pre market activity tomorrow 7-9:30 to see if its going to gap up or down
think imma swing it Monday.. still doing DD
volume is horrible
not from 50ema
after hours volume was 871
Also need to watch that in the morning see how nasdaq is performing
That will have an impact on the performance of a good majority
i like marketwatch š like i said though i gather info some many sources
so this way when i see diff facts from diff sources, i do not consider them reliable but i do put weight on them, just when fact A is on 3 sites, its weighted at 3 times, when its on 1 outta 3, but the contrary is on 2 outta 3
its weighted less
If thereās one thing I completely ignore is analyst price predictions. So much garbage insider thoughts behind it, sometimes they raise targets (while they hold a large majority of shares). They sell them all, push price down like 20% and then buy back in cheaper.
thats the way the game is played
thats why you gotta know when to sell
watch volume, float, ema, sma
cant just buy and sit back and wait to get rich
Market makers make like 100k a year lol, and honestly they arenāt used much anymore from what Iāve gathered. I think they are only on orders 1k shares or higher. Donāt quote me on that
Itās probably mostly algos now Iād imagine
They might say they make 100k per year, sure in pure salary
Add bonuses, incentives, and all the other specials they get like bribes and things we donāt know about
And thatāll explain why they drive ferraris and live in the hamptons 2 months a year as a beach home
And have kilos of cocaine under their mattress
Not to mention they get institutional prices on IPOs so they coulda bought 5000 shares of coinbase for $30 which was its IPO price totaling $150,000 and sold it for 300 totaling $1,500,000, so now they made a million in a couple weeks⦠donāt go by everything you read itās like buying a car, reading the brochure and thinking thatās it your a nascar driver
hello, can someone help me out with the lux oscillator?
how to have a good entry based on it
There are various approaches, you may use the divergences labelled to identify an entry point, you may deem a crossover from positive to negative or visa versa an entry point
thank you
hey are u guys using auto trading
no just Lux algo indicators
Hey can I share a suggestion
Absolutely
Trading view has added something called 'Techinal Ratings Strategy' to 'built-ins' section. Add Lux Indicator + Oscillator + volatility + Technical ratings strategy to any chart between 5M to 30M on forex pairs. It basically sums all the signals and gives you a clearer decision and I tested it for 3 days only but works 7/10 times for me on binary š¤
If your software can automatically trade,The income must be very substantial
@regal sorrel Absolutely, we will look into that
š¤
Thank you for the idea š
How did you use in binary? Which expiration time did you use with this?
That's a pretty cool feature they added on TV
Noticed false trigger on SPY 15min
Yep can happen @sweet kettle - some things you could take note of to potentially filter out signals like that is that the state was ranging, and Lux Oscillator at 100% bullish. Important to be aware of the price action after a signal takes place, rather than using as entries
Thank you
Hi guys, first time here, trying to learn and am getting no link pages ..... https://luxalgo.com/apps/help-center#hc-creating-alerts-on-tradingview
Welcome, everything is on our documentation page, not in the help center anymore š
https://docs.luxalgo.com @runic vortex
so, I paid for one month of Lux Algo and Iām finding there is just too much that I donāt know, so Iām losing money on most of my trades if I just base them off of the buy and sell signals. I donāt think I have the time or energy to completely learn the ins and outs of the markets but what are two or three other areas I should learn about? I would like to at least make back what I paid for my month of this service LOL.
Hey @lament lark have you gone through https://docs.luxalgo.com or our YouTube videos?
Iām still waiting for that video of smack or Alex or gecko twerking
This would go here #šfeature-requests ahah
Lol but it got your attention faster here
Hi
Nice
Your gonna get anxiety though cause your gonna be eagerly awaiting for morning time so you can put it to use
At least thatās how it was with me
Just message @analog onyx or @empty solar and ask for nudes, that helps calm the anxiety down
Or the more productive route: read the documentation and get to know the scripts
And how to use em properly, itāll save the admins time having to link you to the documentation
What exact is a manual trader? š¤£
Itās not like we are talking about forex here where you buy units
And have a bit trade for you
Bot*
Yea thatās mainly forex and futures
And thatās not trading
Thatās called being a retard and settling for 5% annual returns
When you can have 10% per day
Same here
The sell signals are delayed so be careful
Buy is usually on point but sell, I prefer to watch my MACD rsi and all that myself
But I day trade and lux is mainly swing trading and up
So what was your total P/L for the day?
š„
But your pic says 766?
And also doesnāt show any symbols, like nasdaq 100 is NDX
And Iām sure that all trades are time stamped
So your trading 13,000-15,000 per trade if only going 1 in for a 30$ profit?
Doesnāt seem too advantageous in regards to risk-reward
Even ETFs still have their derivatives
Yea but you also pay
ETF isnāt a commission free trade
Also depends on what your pairing as well
But if your going In for 50
After you lay your etf
Pay**
Ok but if you put in 50 after the fee your doing what?
55? 56?
So if you made 1000 deduct your fees
You made 766
According to that pic
Now this I wanna hear about
Iāve never heard of a broker that doesnāt charge ETF fees
Me too
Itās like saying we donāt charge premiums for options
No I wonāt but please
Show me a broker that doesnāt charge etf fees
Iāll suck Joshās suck
If you show me a broker who doesnāt charge etf trade fees
???
Josh I was sayin Iāll blow you lol
There is no broker in the world that doesnāt charge ETF fees and at the same time accepts ETF trade payments in Bitcoin
I feel my initial response was still valid.
Iāll poke three holes in your story then itās block time, 1 you cannot trade ETFs using Bitcoin, 2, no such thing as ETFs w no fees, 3, all trades are time stamped your pic wasnāt and your story does not add up, anyways enjoy Lux, but I canāt see this ignorance without getting heating so Iāll end it before I say something Iāll regret
And just like that heās blocked
This was an interesting dialogue....
Yup
no etf fees
and he pays for his ETF trades in bitcoin
i almost fell outta my chair
@haughty surge no, him
@fast lava How did you setup black background, I can't find where to do that?
Android or iPhone
hi, does anyone know if I can set up an alert for whenever PP Signal changes colour from red to green and vice versa? Or are alerts only possible for ups and downs?
Autopilot confirmation so useful
I looked into that too, not sure if its possible though
Thanks.
@analog imp make sure to ask for questions regarding other people strategy in hangout :)
Hello gys
I'm new here
What's the best strategy to take profit using lux algo? Thanks
Welcome š there are lots of various approaches, you can use our TpSl feature, fixed percentage, look for resistances or supports ect
It really does depend on how you trade and the RR you like to use
Thanks @empty solar much appreciated
does the account i retweet the tweet on have to be public?
As long as we can see your account has retweeted it, it's all fine


@haughty surge @wide sand and other peoples concerned, no more talking in #š°share-profits
Reactions are permitted, only that
@primal saffron Thx for reporting
@wide sand Your last message in share profits can stay, its a good example of what is allowed
thanks, mate
cheers mate it was annoying watching it... dozens of chans and they spammed the profits š
easily understandable
Well at least ethereum is up
What should i set my sensitivity as? - Swing trader
you can see a recommended sensitivity value on the dashboard, you can also see recommended settings from the optibot channels š
Thanks Alex!
Why does auto setting only shows strong signals
autopilot adjust dynamically to market dynamics, and will try to avoid any potential noisy price variations, including retracements, strong signals are signals in accordance with the current price trend, which explains why autopilot will often returns strong signals.
Anyone can give a TA for SO? Southern Co. Possible good watch for tomorrow (bull run)
Just not sure about it
Trying to get some more looks
any recommendations settings for scalping?
you can see the recommended sensitivity on the dashboard on lower tf for scalping, see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#automatic-settings-estimation to learn more about our automated settings estimation methods.
4 hour emas on 1 hour chart for trend direction taking entries when a signal and trend catcher follows trend. Exits when trend catcher turns to the opposite direction
Nice results been playing with the catcher since it came out and this seems like the simplest and best results strategy Iāve been able to make.
Emas are helpful for keeping you out of sideways markets as theyāll be a mess. So only trading when they are in a clear trend
Glad you're enjoying the catcher šš¤
Whatās the catcher, seems I havenāt get to that yet...
i just saw ur message @river blade is this the best strategy to now when u should go out of ur trade? or u guys have any other indicator for exit a green position
thank you!
Any recommended settings for ETC?
You can find this on the dashboard as recommended sensitivity
Hello guys! Excited to try lux algo
Welcome š¤š
So how do we get set up on trading view
What settings are best to use on the hourly charts for BTC?
See here @fast beacon https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
Optibot all the way then lol!
i want to trade spy option... Will you trade one minute chart or 5 or 15 minutes ?
heyo guys ... does lux also provide bots that notify me taking in consideration my setup ?
See #šscanners-premium channel
!alerts
How to set up your own custom alerts in TradingView: https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview
tons of spam in discord, ongoing issue
^
Good morning from NY. Markets opening and im excited to use LUX!
hello, if someone subscribe premium on luxalgo do they get access also on luxalgo?
on tradingview*
They do
Oh
Well if you've bought Lux yes
But Lux isn't included in TradingView Premium
How is the EQ Cloud supposed to be read - is it similar to Ichimoku in interpretation? Thank you!
Does anyone here do or knows someone who mentors forex ? I'm kind of new to the space, and needed some guidance
Did you try asking in the forex chat?
Ah nah lemme ask now
Just got a question.. I just got Lux Algo and this is bothering me
how do i get rid of this ?
or hide it
the dashboard? Go to the indicator settings, scroll down to "Dashboard Configuration", and select "None" in "Dashboard Type"
I LOVE YOU THANKS!
Hello everyone, new member here just purchased the quarterly subscription! How is everyone?
Welcome š
Hope everyone is making some nice profits on their assets!
as long as the username is correct it should take just a few minutes, you can refresh the page where you have a tradingview chart open and check in the "invite-only" script section.
Lux Algo Premium 3.8 come up as study error with an !
try refreshing
ctrl+f5 but still nothing hmmm
looking into it now, but see step 3 of #šget-access if problem persists
hey guys! what does the word contrarian mean for forex terms?
cool thanks
i am looking to change my Broker anyone has as a good experience with yours , who also has a low spread on forex and also covers good variety of Stocks
TDA(TD Ameritrade)
Any explanation about this? I had the notification from the server also, so assume no bad settings from me
Explanation of what?
about the wrong strong signal, am I missing something? I am a new user
You're using default settings?
yes and it is on auto, I also had the 4H notification from #š±forex-chat
Yep so default settings are not always best
If you're new and don't like touching settings try using auto pilot
how to autopilot?
@empty solar , I had also the notification from the server, #695732700991979601 message
You can turn it on in settings @frail gust
@little mica Yep
Scanners use default
Even still regarding that signals, it's an indicator so naturally not 100% accurate, you need to filter signals
I see the trend tracer and catches were green
The price was above the EQ
It was purple candles
Lots of signs indicating it wasn't the end of the trend
switching to Autopilot deleted the signal, thank you. I had autopilot on, but somehow it got disabled
can you please elaborate more about those technical factors you mentioned along with the EQ or inform me where I can relative info?
!docs
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
If you search any feature in the docs it provides a full load down
thank you @empty solar
Scam?
So how did he know that I had algo?
Weird.
See the websites in that picture in case you want to report them
You can report to TradingView via the pinecoders
@little mica the confirmation signals are more of ''start of a trend'' signals rather than an entry point signal if it helps.
how to setup market scanners?
see #šscanners-premium š
yea i dont understand
simply click on the number corresponding to the market you want to see (for example if you want to the forex scanner react with 4ļøā£ , a new channel will appear and you will be able to see signals for forex symbols in there.
@hidden moss they appear below the support channels
can those be forwarded through api in tradingview ( auto execute)
it is possible for tradingview to communicate with discord but not the other way around if thats what you mean, you can always create a discord webhook and enter its url on the trading alert webhook field, see https://support.discord.com/hc/en-us/articles/228383668-Intro-to-Webhooks for more info.
How do you trade on lux autopilot on mt4?
Autopilot is so the signals donāt need settings @inner sentinel
Our tools are overall meant for discretionary trading, not auto-trading
You can view charts on TradingView & place trades on MT4 in real time
How long is it gone take that I recieve my scripts?
@rotund current If you entered your username on manage accounts and still don't have access please email support@luxalgo.com
@empty solar Oke thanks I will do that
Just curiosity, is it possible to automate trade orders using lux algo to trade bots like crypto hopper?
Let me ask you a slightly trickier question, just in case you know the answer. Is it possible to set automated orders say in TV or crypto-hopper with multiple conditions. For example buy 1 BTC at market price if lux algo posts a strong buy signal AND Lux Oscillator posts a green dot within the next hour.
Not within TradingView sadly, I agree that would be a great feature for them to add and I hope they plan on it. What you'd need to do is send alerts out separately to a platform and do the check there
Thanks mate!
I will have to find time to look into it. Having a full time and trading at the same time itās.. challenging
Absolutely, there should be a way I believe
Maybe using the once per bar close sending the oscillator plots somewhere
Sending them to a platform, sounds a great idea. One could then use multiple conditions or scenarios.
With enough time there is always way.. Finding the time is the tricky part.
Last question, and I will get back to work (and let you be). Is there anywhere some information about how the lux algo works? Not the details ofc. Some sort of brief summary on how it comes up with the buy sell signals. Does it use a combination of data (e.g. MAs, vol etc) to look for optimal entry exits? Does it use machine learning? Regressions? Obviously, you cannot share the details.. but is there a snapshot you feel comfortable sharing?
Ah well I can tell you absolutely nothing we make is based off existing data or combinations of indicators. Everything is designed and made in-house totally custom from the ground up. Machine learning sadly isn't possible in TradingView since it's compiled server side. I'll talk to the others and see how much we'd be comfortable sharing with you āŗļø
Haha! Fair enough! Thanks a lot for sharing what you feel comfortable sharing! If others say you can share a bit more and you feel like it drop me a message! I am genuinely interested/curious!
If the optibot doesn't give me the suggested sensitivity for my pair what should I do?
@empty solar @hidden moss
Ok. In my case when I do so suggests me a higher than the default and when I do that then looking back, I see the contrarian signals less accurate versus the default 10 sensitivity
Hi, I have difficulty interpreting the data ''institutional activity'' How to interpret this data?
If the percentage increases, does it mean that the movement will be stronger or weaker?
Is it institutional buying on these price levels ? Or is it selling on these levels?
I don't really know how to interpret it š¤·āāļø
we dont have a way to differentiate on wether institutions are buying or selling at a specific points, as the name implies it can refer to any institutional activity, price levels with institutional activity (mostly the ones where they are accumulating positions) can be important, and can be potential S/R points in the future. You can also find institutional activity on tops/bottoms, indicating reversals.
thx for letting us know though š
any giveaway DM is always a scam
or prize
never trust
Aw yeah I did it on a VPN and created email
Both
There are times or pairs that the dashboard doesn't give a sensitivity recommendation. What to do once those happen?
@hidden moss
using the "both" signal mode can't return a recommended sensitivity, you would need to select either "Confirmation" or "Contrarian" to see the recommended sensitivity.
Ic ty
Letās fucking smash this week lads!!
Is there a way to set up alerts when a strong buy/sell single occurs, and just on certain pairs? Cheers
How to set up your own custom alerts in TradingView: https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview
can anyone please explain why confirmation saying sell and contrarian saying buy in eth 5 m graph
Contrarian goes against the trend
Confrontation goes with the trend
Therefore if the trend is downwards, contrarian may say but since it believes there's a bounce coming
does this mean if confirmation is sell and contrarian is buy
it wont stay up long unless confirnmation says or changes to bu buy
buy*
That is a possibility absolutely
cool cool
what does the red candle means with highlighted bar
bar or border
Does purple mean - it could go wither way
yeah most likely its a confirmation whether its really going down or possibly still going up
but still you must follow your own confluence
what are these candles with highlighted borders
The border isn't Lux controlled
It's just the candle color
E.g if the candle was red, Lux filled it in green, the border will be red
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
new to lux is there somewhere I can see what settings are best for certain trade styles?
intraday 30m/1h use the daily and 4h to confirm trends
Well honestly, most of not all tools are versatile for various styles. Maybe if you like to trade trends; confirmation signals, trend catcher and tracer and oscillator may be more valuable
Do you guys know why I get a signal in trading view but when opening the chart I can't see the alleged signal printed in the chart?
@hidden moss
@empty solar
Were you using once per bar close
has anyone compared this to Trading View's "buy/sell" indicator? Cuz it's stacked perfectly with Lux on the 15min timeframe I'm looking.
hi everyone
volatile movements with trend following indicators can trigger signals at near the same time
see more in depth on the signals: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signals#confirmation
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
Is that contrarian signals and also are you adjusting sensitivity suggested by the dashboard?
It's just default confirmation I didn't change anything yet
looks like confirmation sensitivity auto-adjusts from ticker to ticker for Lux.
anyone elses binance down?
im copping this message š©
didnt fix but thankyou for tyring to help
Very odd š³
Hello friends
What is the best setting for XAUUSDT for 5 minute chart?
Contrarian doesn't, one has to manually change it. Wish it could change itself tho.
Hello
What are the best settings for nasdaq on the 1 hour chart
You can find this on the dashboard š
@empty solar are heikin ashi candles ideal for buy/sell signals
Either works š Just be aware HA smooths data and isn't real close values
Hi there I'm new to here and new to the system I only started yesterday...I only trade US30 I'm testing out the sensitivity settings 20 and 25 does anyone here trades US30 who can give any suggestions on the settings thank you
The music/playlist from the live demo stream, available anywhere?
hi everyone suggetion settings for maticusdt
Adjust sensitivity until it perfectly matches the timeline (peaks) you are trading in - the higher the sensitivity the less noise the stronger more defininite the buy sell signals are
or u can use optibot settings base on time frame..
Thank you so much for helping me.
anyone using 1minute tf here? whats the best sensitivity settings? and agility?
Pick the timeframe, adjust sensitivity back test to confirm the entries that your trading style would identity. And take sniper entries.. start with one and don't deviate from your usual risk
hello, can anyone tell me whats going on?
Yup same here Lux Algo has disapeared luckily signals are still sending alarms but Lux has disapeared
Other indicators are saying the same so I think itās TradingView
agree
Working again now for me
me either
Hi everyone
@empty solar is it ok to share my twitch stream of me trading?
@opaque rapids Not in this server I'm afraid we have strict self promo rules unless yourself and Lux have agreements
Thanks!
Is there anyone who can teach me further lux algo like settings and tactics, I am struggling with signals I didn't see any signals for 2 hours
if you want to get more signals you can lower the sensitivity or agility settings š
I am using the reccomended settings for 5 mins on forex, I just received a signal and got in in time and its working perfectly fine, thank you š I will learn more by experiencing hopefully
Hi, I just signed up, it won't load in my trading view account
Welcome to the club! be patient Devs are trying to figure it out rn! š
thanks š
Give support@luxalgo.com an email with your username and you'll be added in š
Done, thanks š
am i correct? when click trading view site..i'll just input my email address?
Just FYI @empty solar
Anyone mess without the s/r significance?
Hi what are some good scalp settings for Bitcoin on the 5min/1 min chart
Need the same
You can find the 5m in optibot or the dashboard will recommend this
@stray quail #824118848495157258 to stop this :)
Whats is peoples general consensus on optibot over auto settings, not sure whether i should be changing settings for the different time frames or use the auto confirmation settings?
this can vary from user to user, both are very different, see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method if you need help choosing the best method for you š
see https://docs.luxalgo.com/getting-started/setup-tradingview, but if you dont see the invite only script section in "indicators" then it means you still dont have access, make sure you connected your correct tradingview username, see #šget-access
I have just 2 strong signals on the 30min chart in 3days, autopilot enabled. tried to play with sensitivity up/down but didn't get more signals either. is it supposed to be like this or am i missing something?
autopilot will give more importance to larger price variations, as lower ones will be considered more noisy. If you want to trade shorter term price variations you can : use manual settings and lower them, or use autopilot on a lower timeframe š
ok my bad, I was changing to lower values and thought it would apply just by clicking outside the value box (it does for other settings like S/R mode) , but signals appear for new value only after hitting, ok. thanks for the reply
Can anyone share his strategy along with lux algo here?
I struggle to use the indicator
1hr
Which assets?
Which ones specifically? Large caps?
And you swing these? Large RR?
Yes
What indicators do you use?
I use lux with trend tracer/catcher and emas
I just need to have a strategy that i should be following every single trade
Because there are a lot of losing trades if I just follow signals blindly
Yeah following blindly isn't the best idea normally. Finding something you can follow every trade is a little trickier
Are you guys gonna be on stock market umbrella soon? Or when they launch?
It would be interesting to see how your algo get automated
hello..i have a concern. I still don't see buy and sell indicator on my account when clicking lux algo premium on invite only script. I already emailed the support but not yet resolved.
can you please help..im tired of this
Hey @nova coyote what;s your email address & TradingView username?
Will get you setup right away
Is this lux algo chat ? Oh boy ... so many things I would love to be helped as well! Just purchased a year !!!!
Great. Iām super blessed!!! I donāt know how to connect to trading view
!Guide
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 the documentation page: https://docs.luxalgo.com/getting-started/setup-tradingview
Mobile & Desktop walkthrough for setting up Lux Algo on TradingView after you've been granted access. Join our Discord: https://discord.gg/LUX | You can get access here: https://luxalgo.com/products/lux-algo
Watch the full video walkthrough of Lux Algo features here: https://www.youtube.com/watch?v=c12sF8xb24k&t=214s
Make sure you've linked your account: #šget-access
Anyone who has tried out multiple trade stragies found somehting that lux aligns with better than others?
2 more hours š
2 hours until š®
2h till what?
giveaway winners will be announced on our twitter
uh oh forgive my ignorance, totally forgot
can anyone tell me how to shorten the lux algo indicators? itās pretty long that itās covering much of the screen š¦
Right click your chart, settings and hide indicator arguements
thanks for the answer šš½
Does anyone know what just happened to UBER?
I had some long out calls and UBER literally just dropped $3 in a minute... no news anywhere. Was it just a shakedown?
Wasnt that like 5 hours ago though? lol
I mean its whatever, but like UBER and LYFT their main business is the taxi service, and UBER has Eats... INstacart does grocery deliveries.
Sure UBER has that side, but no one uses it lol
Yeah. Not entirely sure but I think a whale sold some
I mean it would have to be
someone just dropped 440k shares
but someone else bought 330k
Look for some institutional activity
actually 44 million shares were purchased
it was definitely a hidden order
well, fun day... was doing just fine and stable and then 30 seconds im down $300 lol
on a 2 month out call, that cost me a total of $600
thats why stop losses are so important when day trading
Oh I'm not day trading this
im up 10k on AMC
I got shook from my AMC calls I had a week ago
it was a lotto on 26 calls June 18th
it was $12 at the time
ouch
my friend just posted some article about how bad they were in debt, and I read it... and was like "yah let me sell these for $60 profit"
they were up 800% today
people dont understand the movement behind it
How could they recover from a short fall if the hedgefunds continously saw opportunity at shorting the Company to brink of bankruptcy
even when economy was strong before covid
How were they still sucking
Doesnt make sense... or does it
@normal barn How do you see the orders? I use TOS to trade and have yet to find out where I can see the order book.
what crypto nice to day trade today?
Any idea on how ETH will go?
guys what is the best offer discount for trading view pro or premium?
Nice update
thx! š
I forgot how good the oscilattor and instutional profile is. Had it turned off for a while and didnt even realize, not sure why. Very helpful
Hello guys , i wonder is there any optimizing needed for DAILY graphics ? i am a daily graphic user for stocks. i saw settings optimizers for 5-15 min etc, but there is no daily settings .. What settings or graphics setups you use for daily ? thanks
On the dashboard you'll find recommended sensitivity
oh i see, does it change with every stock
thanks.. š
one more , when we setup an alert with a stock with the recommended settings , then we change the stock and settings to setup a new alert , does the alert uses the settings we did specific for the stock or uses the last setting we set up ?
i mean do we have to set a template for every stock seperately ?
the alerts are always based on the settings used during their creation.
ok .. thanks
Hello Team, So i have just joined and would like to know if someone could guide me through any pending access.
!guide
How to setup the indicators on TradingView: https://docs.luxalgo.com/getting-started/setup-tradingview
TradingView.com --> Chart --> Indicators --> Invite-only scripts
where does the pattern detection come from?
hello everyone... i just bought the subscription !
š nice to be part of this group
do you guys know... how long does it take until i can see the indicator on my TradingView account? it still hasn't appeared (10 min since i created the account)... browser was restarted
should not be that long, you can refresh the chart and see back in your invite only script, if nothing is appearing make sure you connected your correct tradingview username (its case sensitive), if its correct send a mail to support@luxalgo.com with your username and they will set that for you š
already did all that... logout from TV etc. I will send an email now
thanks for your reply.
@hidden moss Sorry for the inconvenience, in the mean time you can check our docs https://docs.luxalgo.com š
@hidden moss Thanks for introducing me to this
hey @drowsy breach awesome i could help
Hi Everyone š¤ glad to be part of the community, looking forward to trade smarter š
Welcome š
im still figuring out how this indicator is more profitable than a free one if there are same free ones
maybe im too noob for this
well, i mean, this "strat"
Which strat?
none, im looking for one
Oh you're looking for one, I see. We have a beginner Bitcoin strategy on our YouTube
And there are others on YouTube š
i will look it .
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
Search any feature to get the full breakdown š
great, life is amazing!
hi @regal sorrel
Hey all, anybody using the Lux Matrix?
Wondering what is the % from which it goes from bull to bear or bear to bull? I know it's pretty obvious so far as seeing more red than blue, but wondering if there's a # which signifies the trend is really weakening or strenghtening
hey gang, anybody try settings for 1hr on Helium HNT? I am just tinkering with settings on many more alts than listed from the bots
Is there any recommended settings for scalping BNB on spot?
The percentage in the lux directional matrix indicates the percentage of rising indicators (blue cells in the indicator), when a trend is strong most of the cells will have the same color, however sideway trends will tend to have a percentage closer to 50
hi guys, i have a stupid question... is there a way to automate... the strong buy alert? i am thinking to get an alert on my phone when there is a strong buy on whatever chart. Any feedback is appreciated š
you can get notified on the app, receive a mail, or a sms by creating alerts, see https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview
thaaaanks
That's actually helpful! Thanks Alex
Hey Mike
Combine it with ichimoki cloud
And I personally feel the markets for forex, and stocks are not at all good, so be patient everyone.! Good luck, happy trading!
thanks
any settings for gold new user i just get in
See optibot
Or on the dashboard
hello everyone, what version is everyone running on the algo. I have 3.8
To update Lux Algo Premium indicators, refresh your browser/app, remove the indicator from your chart, and then add it back to your chart + save your chart layout on TradingView.
Full guide: https://docs.luxalgo.com/lux-algo-premium-indicators/how-to-update
enjoying the new dash in 3.9 guys, thanks!
still wish there was a way to have Any alerts and have a message box for the alert, but understand that's a TV issue
Quick Question. I'm missing the 'centre right' position from the normal algo premium indicator, was it removed?
For dashboard location?
yup
So only Top and bottom, Left and right? no center? was it a problem for users?
so I can't move it around?
lol, this sounds like a circle. Okay, thanks. I'll work around the left and right options, though I do miss having it at centre.
How to I sign up for the live scanners and callous thing
The dashboard was changed to a fixed position meaning it's position doesn't move with the chart
So you can change where it's pinned to
Does the signals go to my discord inbox?
That reactions role bit
Yep it'll alert
No that's for cesur
Whatās that
I see.
Not for you, it was a message to @woven oar
So it is that reaction role bot in my inbox?
Yep
Doing gods work. Thanks
Our Discord Market Scanner alerts all use the following:
- Default Lux Algo (V3 inputs).
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / FXCM / OANDA / COINBASE / BINANCE
If you have created your own, custom TradingView alerts, be aware they are set per the exact settings you had at the time you set those alert(s).
Hi guys, which broker do you suggest using? I want to have a 1:500 leverage and I am in Australia. I was with pepperstone but due to regulatory chages here no broker is offering that leverage unless you upgrade to PRO which requires to pass a few questions at one go and 4 quarters of trading history in the past 4 years.
Does anyone know how to get the profit graphic on binance up for closed trades? I know how to do it for trades that are open
guys, is there any setting that detect "best sensitivity" on Lux Algo?
I mean I have to change it all the time, base on market changes on the selected time frame.
As this way, it wont work good with alerts.
Hi guys, new here, any suggestion's for settings when trading on higher time frames (crypto, equities)?
Hi there, you can find this in optibot, on the dashboard or by using autopilot š
perfect, thanks
One more question: where can i find info about the Lux Ocillorator?
found it, all good
HI Admin, can you please give acces o trading View User ID: sonu1125 please as already paid still waiting
Try refreshing
!guide
How to setup the indicators on TradingView: https://docs.luxalgo.com/getting-started/setup-tradingview
TradingView.com --> Chart --> Indicators --> Invite-only scripts
If you think you entered your username correctly, you've refreshed and you don't see the invite-only scripts folder
Please see step 3 on this link #šget-access message
Hey, try now should work -- just fixed our backend. Refresh and you'll see it
!guide
How to setup the indicators on TradingView: https://docs.luxalgo.com/getting-started/setup-tradingview
TradingView.com --> Chart --> Indicators --> Invite-only scripts
@hidden moss I wrote you in private for a special question before I post it in the group
please make new video on new update(metrics) it make more easier to understand to watch and twerk settings ....thank you thums up lux algo
Yes it worked and ow itās shows 3 options is that right
That sounds correct
guys how to learn to use this?
Yes how???
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
A new & powerful oscillator mode within our Lux Oscillator Premium indicator, the 2nd indicator out of our premium indicator suite.
Discord: https://discord.gg/LUX
Get access: https://luxalgo.com/products/lux-algo
Is it necessary to change the settings for different times 15min, 30min, 60min ......
For Lux Oscillator
That's up to the user but not really
OK Thanks
Will you prepare a tutorial for Lux metrics. How to use Volatility, End of trend index?
Again this can be found breifly in the docs but we will make a video soon covering it all
OK fine i will waiting a video.š
Hi everyone, am new here. Can I kindly ask if the Optibot settings that is found here is more accurate than the one that is shown in the dashboard when we open trading view?
Welcome š
I am using Bot at 5m interval for BTC, ETH, ADA and DOT. I would just like to know which would be better between using the Auto Pilot or by adjusting sensitivity manually. Thanks
See here
Greetings want to ask which is much more accurate with lux algo heik candle or regular candle?
@main summit
how to save the optibot as preset per timeframe like if i go 1 hour i can use the template for 1 hour btc @main summit
great
Ranging just means the asset is going sideways
Its not going from X to Y
It's just not trending in a given direction

