💬hangout

[empty solar]

And it won't predict when the asset will begin to trend

It just gives the current market state

[hidden moss]

@karmic steppe can u share ur lux oxillator strategy

[karmic steppe]

Literally just looking for coins overbought by over 80% and oversold by lower than 20%, started on the 1min chart but now using the 5min

[hidden moss]

great 🙂

[hidden moss]

Anybody have a recommendation on good scalping brokers?

[tender junco]

Hi All, I'm fairly new to Lux and am really excited to maximise the benefits of the tool. Could anyone please assist in directing me towards a good starting point for a beginner?

[empty solar]

Welcome 😊 Have you read through our docs? That's a good starting point as well as our YouTube content

[tender junco]

Yes I have thank you, I was looking for something slightly more detailed as I wanted to understand how to derive a trading strategy using Lux

Thanks in advance

[empty solar]

What are you looking to trade? 😊

[tender junco]

My main focus is on Crypto, however i'd like to also trade Forex

[hidden moss]

why theres no purple candle at my trading view using premium lux algo

[empty solar]

May I see a screenshot?

[cerulean obsidian]

I'm loosing so much money on options. Do you guys buy options that expire the next day?

[upbeat gate]

Can I use hassbot as a trigger for executing my order with the Lux Algo indicator and trade for me?

[fickle ore]

Also how do I hook up trading view lux algo so I can make trades on. Binance

[analog onyx]

we are unfamiliar with hassbot, but it possible to automate trades using services such as 3commas or cornix

[upbeat gate]

So it's possible right?

[analog onyx]

with the services I mentioned yes

[upbeat gate]

I’m so new to these services you mentioned to me, but If I have 3commas, how do I use Lux Algo as an indicator?

[analog onyx]

using 3commas would not affect how you use the indicators on tradingview, what 3commas does is execute market traders once a tradingview alert is triggered, you can learn more on their website https://3commas.io/trading_view

[upbeat gate]

I Will take a look at this once I get to the computer! Thanks a lot!

[random surge]

To the LuxAlgo team I want to thank you guys for such an amazing tool I joined last week and this is an amazing journey for me using your tool I mostly trade US30 and those signals I take its all winners thank you guys

[empty solar]

It's a pleasure 😊

[wanton urchin]

Is there no optibot for us30?

[restive ice]

Contrarian Signal mode is not working as shown in one of your demo video. Is there any specific settings required for contrarian mode to work smoothly?..

[empty solar]

Yep see under ETF in Optibot

[empty solar]

What do you mean by smooth

[restive ice]

Means it should show accurate and early signals than confirmation mode

[wanton urchin]

Sorry I don’t see us30. I only see SPY, QQQ, and DIA

Nvm. It’s DIA right?

[empty solar]

Absolutely yep

[wanton urchin]

Do the signals appear at candle close or before? And can they repaint, as in change as price action changes ?

[analog onyx]

signals can appear and disappear on the last candle since the closing price can vary, which is why we wait for the candle to close in order to confirm a signal. Previously displayed signals do no repaint.

[wanton urchin]

Gotcha. Thanks!

Just trying to figure out how to implement this into my trading

[opaque ruin]

@ivory folio you play league, what region?

[ivory folio]

@opaque ruin ayooooo

NA

[opaque ruin]

ah what rank?

[ivory folio]

just got g1 rn hahaha

from a teemo jungle game

😏

[pulsar surge]

kekw

im hardstuck g2 man carry me

[ivory folio]

sadge.

this game is pain

[pulsar surge]

actually im spamming wildrift these days

[ivory folio]

i tried to play that the other day

[pulsar surge]

its pretty fun idk

[ivory folio]

i felt like id get arthritis if i kept playinghahahhaha

[pulsar surge]

its nice cus the games are way shorter

[opaque ruin]

ah but g1 in na is like iron in euw

XD

im on euw

diamond

[ivory folio]

lmfaooo damn

the flame is real

i started playing this game like a year ago

season 10 was my first season

thats muh excuse kekw

[hidden moss]

Hey I just got lux not even a week ago. So far, it's been getting me profitable.

I would like to know more about the nitty gritty of all the bells and whistles.
There's lots of moving parts to this thing

Anyone know where I can learn more in depth, how to fully use this thing?

[empty solar]

Glad to hear it @hidden moss 🙂 Have you taken a look through our documentation? That breaks down every feature

[hidden moss]

Hey thanks for the reply Gecko

Yes, I've read thru, and I get a general idea of how to use

Some questions:
Is the candle color tool affected by the change in signal sensitivity/agility?

The number for sensitivity and agility:
Is higher number more sensitive or less?

And would you be able to explain how the support resistance lines in the oscillator work? If the oscillator breaches either of the diagonal s/r lines, does that mean marlet is likely at a bottom or top?

[analog onyx]

the candle colors are indeed affected by the sensitivity/agility settings, higher sensitivity means the signals will be less sensitive to shorter term price variations. The SR line in the oscillator allows to determine potential tops and bottoms indeed.

[hidden moss]

Thanks for the reply, Alex

So higher sensitivity/agility is better choppy / hi volatility markets, to not get thrown off by the noise, right?

I'm still unclear on the SR lines in the oscillator. Are you supposed to correlate them with the price action and kinda intuitively figure it out from there?

I wish you guys had more in-depth tutorials on this stuff.

I can tell it's a really powerful tool, but I'm not gonna lie, I'm a little overwhelmed!! Haha

[analog onyx]

higher sensitivity will allow the signal to focus on longer term price variations, agility will help avoid ranging/noisy markets 🙂 The SR lines in the osc can be overwhelming indeed, but you can totally avoid using them if you are feeling confused by them, divergences and the signals in the osc are the main elements of focus.

[opaque ruin]

yeah i started last year i was hardstuck silver, til i picked up nasoos

[hidden moss]

Thanks for clearing that up, about the sens/agility settings

As for SR lines, I'll keep back/front testing

Thanks to your whole team. This is really an amazing product you guys came up with

[echo adder]

hi, a question, as for the daily timeframe, what length should be set to Lux Osc, I find the default length of 14 to be ineffective on the date frame.

[empty solar]

That's very very personal and depends how you use it. A higher length may be a better filter

If you use it as entry signals a shorter length may suit you more

[hidden moss]

Does Lux Metrics function the same as the classic volume bars?

[empty solar]

Lux Metrics and volume bars?

They share nothing in common and are totally different things?

Metrics is made up of Lux Volatility, End of Trend and Institution activity 🙂

[hidden moss]

Ok thanks!!

End of trend index:
So when this one starts to dip below 50, that means whatever trend is going on is likely to end, correct?

[hidden moss]

what is the meaning of institutional activity? and lux control

[analog onyx]

see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#institutional-activity for institutional activity, and https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#lux-controlfor lux control 🙂

[peak zephyr]

Hey all, I was wondering if the software worked well with heiken ashi candles. any thoughts?

[echo adder]

Does anyone here have experience with setting Sensitivity and Agility? Or is everything just auto pilot enough?

[ivory folio]

Nasus is broken af

[swift knot]

any advance traning with lux algo for crypto?

[analog onyx]

This should help :) https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

[regal sorrel]

Wish you all the best and Success with your targets

[static narwhal]

what the hell? I'm sure the only signal until crossing 34900 was STRONG BUY, I was counting on that and did not close my position. It's really suspicious and I can't trust the LUX anymore.

[empty solar]

What do you mean by this?

[hidden moss]

That makes no sense lol

[static narwhal]

I mean it seems manipulation on the history

[hidden moss]

...what?

[empty solar]

Once a candle is closed, nothing is changed

Wait for candle close

[hidden moss]

on another note

how do i get my candle colors to look like his

instead of these mixed gradients

i messed those settings up at some point :/

[empty solar]

This is just standard confirmation color

Under candle colouring ☺️

[static narwhal]

there was only one green STRONG signal there untill 34900, then a RED STRONG appeared up there

[empty solar]

Yes, this is totally possible, of course it's not 100% accurate

[static narwhal]

yes! I'm sure, and you see it's still there

[empty solar]

Its your job to filter, the dashboard would have told you the market was ranging as well as Lux Volatility

[hidden moss]

https://gyazo.com/7c1dcbe1c169a354fa4356cf0bbc6851 I have that as my setting and they still look mixed

[empty solar]

@hidden moss right click chart, settings and hide the candle borders

[hidden lance]

How long does it take for the indicator to say sell, does it say it right away

[hidden moss]

i dont see that option.. where in settings. not in appearance

[empty solar]

It's confirmed on close but can appear instantly

[static narwhal]

whaaaat?! I'm ok with the accurate thing but you can not FIX that on the history! Your software is manipulating the history

[hidden moss]

i figured it out

nvm

[empty solar]

It doesn't

[hidden moss]

no it's not

lol

you're just saying it is

[hidden lance]

So if I’m watching a stock does it just appear on my TradingView

[empty solar]

If it did believe me, the server would be in total uproar 😅 maybe the candle didn't close

[hidden moss]

because you're upset you followed a signal and then it was followed by a signal you didnt want

[empty solar]

It will do yep

[hidden lance]

Okay thanks

[static narwhal]

We are judging the LUX performance based on what we see on the earlier signals and the history at all. Now I see the indicator make obvious errors then manipulate the signals when find the error

[empty solar]

It doesn't

[hidden moss]

it just doesn't

give us video proofg

[empty solar]

I can promise you. You can use the replay mode to check

[static narwhal]

then you have to stare at the chart for 2 hours and see.

[hidden moss]

sounds like you barely look at the chart anyways

[empty solar]

Repainting is fraudulent and we take that very seriously. You can use replay mode to check.

If this were the case; everyone in this server would rightly be furious

But this isn't the case

Nothing was changed

But like I mentioned, use the Tradingview replay feature to confirm this

[static narwhal]

bullshit! I'm saying there wasn't any red, did you read what I say?!?! If there was showing a red at the time which is show now, I abssolutley have been closed that position

[hidden moss]

LOL my man you are an idiot.. sorry

i know support wont say it but i can

XD

[static narwhal]

Next time I will capture, but then you say the video is photoshop!

[hidden moss]

yes please capture it

i'm dying to see it repaint like youre saying it is

[empty solar]

Please, if you capture a video of repainting signals after bar close, I'd be happy to see

[hidden moss]

because then this whole company and indicator would be fraudulent and shut down. sounds like you're the first to discover the insider fraud @static narwhal !

[static narwhal]

I am software engineer and I know how you can fix this later, even with replay. don't tell me

[empty solar]

But we can make a deal, if you capture a video of this, I will send back a video of me eating a shoe

[empty solar]

If you wish you can find our lead developer literally on TradingViews website

[hidden moss]

LOL you're making my day. a software engineer who doesnt understand LIVE PAINTING.

[static narwhal]

then you'll compensate?!

[empty solar]

When it comes to indicators it doesn't get much better

[hidden moss]

this guy is hilarious

[empty solar]

Oh 100%

And I'd personally put a bet on it 😅

[hidden moss]

You are embarassing yourself

I'll bet on it too!

[empty solar]

It's Saturday so I'll go wild 😉

[hidden moss]

@static narwhal will you pay us all if you're wrong? since you are?

[static narwhal]

you shut up flattery

[empty solar]

Avoid the insults folks 😅

[hidden moss]

@static narwhal English please?

[empty solar]

But yes, if you capture a video of repainting, I'll personally give you a year of Tradingview premium for free

[sharp swift]

i dont think he knows what after candle close means

[hidden moss]

@static narwhal you really are

[static narwhal]

I lost much much more than that price man.

[empty solar]

Here's Alex now 😅

Who you can find here: https://www.tradingview.com/pine-wizards/

[analog onyx]

you might have been confused by something here, I used replay mode and found no repainting behaviour, there is also no prior events proving that the security BTCUSDTPERP (binance) repaints. Repainting can be caused by: Lookahead, Historical over dependency, and manual readjustment of the signal.

Lookahead would returns way too early signals and would be easily visible, Historical over dependency does not occur either, we made sure of that. As for manual readjustment of the signals this is only possible using line objects, and not plots, which the signals use (plotshape for reference).

Replay mode allows to confirm repainting. You should use it first instead. Hope that helps.

@static narwhal As previously mentionned, please make sure to wait for candle close in order to confirm a signal, its not because a signal appear on the last candle that it will still be there at candle close, the closing price on the last candle change over time.

[static narwhal]

Look bro, sometimes thanks for explain and your time, but I'm sure the reply is not proving. just a video capture could prove and I did not because I wasn't expecting such a thing. I never was suspicious on this indicator but from now on wards, I'll be more careful.

[hidden moss]

you sound like a very paranoid person my man. enjoy your weekend.

more like a teenager who did'nt even took a glimps at the docs XD

yeah i mean i was just being polite LOL

[static narwhal]

I opened the position 1 minute after the signal. you can see. I knew this tip man

[static narwhal]

will they pay you right? part of team? or what?

[analog onyx]

@hidden moss @hidden moss its totally ok to report potential repainting behaviours, as this is a very serious matter, we are here to help anyone when this occur. Please refrain from sending messages that might potentially hurt users looking for help 🙂 We have to help each other

[hidden moss]

i understand

i understand i was just defending you and your support team

[static narwhal]

in other hand, you can still see that Green STRONG there after 1.5 hours, I'm not sure you got my point right

[hidden moss]

the concern was incredibly accusatory

there really is no need to defend, I'm confident this will get sorted.. both ways

[analog onyx]

My only guess is that you saw the signal without it being confirmed. Please keep that in mind in the future, and if you manage to capture repainting behavior then please send us any video, that would help a lot, but I can guarantee the signals are not repainting, we are professionals and would never allow such thing to occur.

[hidden moss]

whoa...

[thin trail]

@static narwhal - Please do not start conflict with other members of the community, it’s against rules

[static narwhal]

again thanks for support, and again I'm sure you did not get my concern. take a look at the screenshot again please. you can see a Green Strong before the red one right? after 1.5 hours it's still there so it means there was a signal after a closed bar.

[hidden moss]

keep going, it's working

[static narwhal]

so tell the be quite when it's none of their business.

[analog onyx]

I used replay mode before those two signal in order to see any potential repainting behaviour, both appeared totally normally, I will investigate more but I can't do much more.

[static narwhal]

ok thanks. I'll be more careful for later and try to capture all the time to hook another possible repeat

[slim locust]

what's the difference between this chat and the VIP crypto chat?

[empty solar]

The crypto chat is for crypto discussions

This is just general

[slim locust]

ok got it

[solid nymph]

So I understand Lux Algo with its oscillator has a built-in EMA, but is there a way to look at multiple EMA's at once using Lux Algo?

[empty solar]

Lux Algo doesn't really have a built in EMA

The oscillator had various smoothing methods

[solid nymph]

Oh, got it

[regal thorn]

what are the sensitivity/agility settings for the 3m free etherium on twitch?

curious to compare those to the opti 5m settings

[empty solar]

Default

[regal thorn]

thanks

[empty solar]

☺️

[regal thorn]

gotta say big fan so far new to vip but earned double the monthly cost earlier just following twitch signals. nice marketing

[empty solar]

Glad to hear it ☺️

[median apex]

What do you mean by twitch signals? Sorry, I'm new to the group

[thin trail]

https://twitch.tv/luxalgo

[regal thorn]

yeah i used their free signals on their twitch promo to trade and then bought the VIP from that

[static jasper]

What timeframe did they trade on the twitch steam?

coz i can imagine it is just hours of nothing 😄

Nothing.. nothing... nothing.. 8 hours.. nothing.. oh.. trade.. nothing nothing nothing nothing

must be riveting viewing

i guess they were on the 5m?

[cerulean obsidian]

What's a good Implied Volatility to go by when trading normal stock options?

[echo adder]

Does anyone have an opinion on whether coinbase or binance is good for crypto trading?

[lament swan]

I recommend Binance

[dusty canopy]

Can i change the color of this waves?

[thin hazel]

FTX

Coin base not as good as binance, but binance being investigated maybe for money laundering 😛 FTX is also binance but separate company, nice and protected. Recommend.

[hidden moss]

which indicator is that

[empty solar]

It's the Lux legacy

[empty solar]

You can't currently sadly 😞

[dusty canopy]

hmm Okay, it would be nice to change blue to green 😄

[maiden coral]

Investigation for money laundering is just the government telling them they want their cut

[graceful eagle]

Hy what's the best setting for scalping gold?

[empty solar]

You'll find this in the dashboard 🙂

[graceful eagle]

Where is the dashboard and how can I get lux legacy?

[empty solar]

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

This is the dashboard 🙂

Lux legacy is within the Lux oscillator settings

[static narwhal]

Hi, how can I use Lux signals on 3commas?

[empty solar]

That's not something we provide resources on really sadly 😞

[static narwhal]

Is it possible to use at all?

[empty solar]

It is indeed 🙂

[static narwhal]

👍

[wild roost]

Fam

Who do yall watch for lux for YouTube?

[grim bone]

MalFx has a nice strategy using Lux

on YT

[hidden moss]

satoshi stacker

also on YT

but he use it in confluence with support/resistance lines

not a specific strategy

[echo adder]

@dusty canopyIn my opinion, you personally observe that Trend Catcher is better than Legacy, it catches more accurate results, you can adjust the length of Legacy as you like, but sometimes it will report wrong results, and Trend Catcher is the default to run. follow the market and balance itself properly with that timeframe

[hidden moss]

Anyone else using it?

[celest lava]

Dashboard Spider is not working for me... does the dame as NONE... just disappears... classic is working

[empty solar]

Odd, what happens?

[analog onyx]

When market is closed it is possible for the spider dashboard to not be displayed properly.

[celest lava]

just disappears... will test with different browser.. .using brave....

does not matter anyway... since I bought it (for BTC/ETH) its down only anyway sigh

[empty solar]

You were using it for crypto?

[spare loom]

@copper pulsar so you trade on certain times of the day where you find the market going the right way,+ lux confirmation signal?

[copper pulsar]

I look how the BTC was performing for last 8 h and and exactly 10pm on certain day I will have a time window to enter my trade for 3h -7h and close in profit. I will enter long and close in profit . I did back test 10 last weeks and the results are good.

You see this crypto maker is manipulated so if we can cash the moments we can make something

[spare loom]

that is a very interesting way to trade, i will deffenetly look further into it. thank you for sharing man!

time to do some backtests of my own XD

[copper pulsar]

I will be positive an entry this Friday between 10pm-12 pm based on how BTC will perform on Friday I will know it direction after 10 Uk time. I know it t is difficult to believe but I have checked last 10 week and there is time window that exist between 10pm -1am on Friday. This marker is not regulated and it has many flaws

[spare loom]

i noticed a pattern that on some returning days the maket is bearisch and vice versa

havent put any toughts behind it to use it thoXD

[copper pulsar]

What days were those

[spare loom]

very bearish in the weekends starting at friday

monday bullish until 6pm

[copper pulsar]

You see if you look at crypto market each day and investigate each day minute by minute you will notice time window patterns

I have discovered 10 of them

1 of them happens on Friday between 10pm-1am

My last 10 entries were in profit just on Friday with trades which lasted 3h

[spare loom]

very nice indeed! ill take a very close look at it. would be nice to have such a strategy in the back of the head when trading isnt going the right way 😛

[copper pulsar]

Ok I we will have time window this Friday after 10pm I will post my entry at the exact file and my profits Next the next day. You need to understand that this crypto Market is no regulated and the manipulators are not perfect. They have a plan to take your money but they left us with certain times when we can trade and see where the market is going which direction. You don’t have this in stocks due to regulations .

[velvet heron]

Ok i‘ll be waiting for you post 👍

Thanks

[regal thorn]

these ada 15m settings can't be right

[regal thorn]

yup liquidated

rip\

[thin trail]

:/ well one thing to note was price just about at the top reversal zone, state ranging, and it's only on the 15m timeframe -- likely still a sell or strong sell active on higher time frames as it's in a downtrend. Being aware of the overall trend is very helpful, and not using the signals as direct entries/exits is very important

[wet jetty]

This is really interesting. Thanks for sharing. When are some of the other time windows you have identified? Thanks.

[copper pulsar]

The most profitable is on Friday after 10pm Gmt but there are others during week still testing them

[wet jetty]

Thanks @copper pulsar. Very interesting.

[fleet shard]

last two Fridays on the 8h around specified time frame. sorry but at least for me is not that impressive

look at this 24/h timeframe 2 days ago

[livid frigate]

@fleet shard Whats the small B and s?

[fleet shard]

HMA , it's free in TV

buy and sell signals

[rare wing]

hahaha i absoltuely love the new free indicator

just saw it

[river marsh]

@copper pulsar What is this time window strategy you're talking about?

[empty solar]

#💬hangout message

[copper pulsar]

Exactly

This strategy only works with Lux algo buy signals. I have been using many indicators but this one is the best

[river marsh]

Ah, sorry, my bad

[copper pulsar]

I will try to post this Friday a buy signal from Lux algo the good one - after 10pm but I need to see how the market performs today and tomorrow so I will update you if I can so you can see for yourself .

[river marsh]

That would be really nice and much appreciated ❤️

[fleet shard]

am i the only one that does not see it? last friday between 22 and 1am uk time there was a 0.5% increase if you went long.

two weeks ago was indeed somewhere around 2.4 -2.6% in the same 3h interval, and if you kept the long position for one more hour (a total of 4h interval) the max gain was around 3.5%

[regal sorrel]

Any active admins?

[empty solar]

Yep I replied to your DM

[hidden moss]

I will try to post this Friday a buy signal from Lux algo the good one - after 10pm but I need to see how the market performs today and tomorrow so I will update you if I can so you can see for yourself .
@copper pulsar
Where will u post it. Here itself?

[whole marsh]

Is it me or is the bot stock scanner trash ?

[thin trail]

If you’re using it as direct entires that’s not ideal — they’re confirmation signals on default settings, meant to be used to spot potential trades / be aware of trends easier

[junior stream]

hi, someone is using the lux algo to trade stocks on m1 chart? I would like to compare impressions about my strategy

[wet carbon]

I use the 45n

45m

[analog atlas]

Is there a live feed of ppl trading that we can watch? New to this discord

[empty solar]

There isn't currently I'm afraid

[analog atlas]

All good appreciate it 🤙

[coral frigate]

That's me with Lux Algo right now (joking). I think the legacy oscillator is awesome and the predictive channels are like black magic, they act like magnets to the price. Using Lux Algo as a tool to learn how to trade (paper trading right now), newbie here. Thanks, awesome software.

[empty solar]

Pleasure as always 😊

[hidden moss]

Can you guys put up setting in optibot futures contracts in the future?

[copper pulsar]

Yes in this chat

And will explain the entry

[upper trout]

The EQ cloud is showing that shit is about to crash hard, anybody else see it on the 3 min?

[hidden moss]

On what instrument?

[upper trout]

Lux main

[hidden moss]

greetings ladies and gents ... just got a month of Lux to test it out. Liking what I see so far

[thin trail]

^ could just be forecasting some ranging market conditions actually, not necessarily a crash 🙂

[nova coyote]

what's the meaning of blue circle inside the candle?

small blue circle

[fleet shard]

i was really looking forward for real examples

[nova coyote]

is this legit?

[versed python]

i also got one

[thin trail]

No @nova coyote @versed python spam

[versed python]

but, i blocked the user since i dont believe in this kind of BS

[nova coyote]

thank you for the heads up

[hidden moss]

thx 🙂

[coral frigate]

Good Morning ☀️

[bitter geyser]

@coral frigate where do u get the legacy osc and predictive channels

[bitter geyser]

ok got it

[thin trail]

Hey @hidden moss click Manage Account on our site, enter email or login, and you can access that

[hidden moss]

duh lol my bad, I see it now.

[coral frigate]

Sorry for my late reply, glad you find them

[maiden girder]

Hello

Which sensitivity best for BTC&ETH?

Can anyone help?

[bitter geyser]

do you follow the legacy osc for predicting uptrend?

or do you still go back to basic watching the candle

[bitter geyser]

optibot

and set according to your trade style ? i guess

[coral frigate]

@bitter geyser I only focus on the Nasdaq, this is how I find the legacy oscillator to work best for me and fit my trading style, it helps me to find nice OS & OB zones, also it is helping me to find great zones where the price might retrace or continue the with the momentum.

As you can see, I added some extra levels to the oscillator to fit more my trading style. On those new levels I added you can find nice bounce zones for retracements or for continuation.

I'm using the oscillator with "Longitud" @120 and "Fuente" @ohlc4 (sorry about "fuente" and "Longitud" my Tradingview is in spanish) and the extra levels @65, 50, 35 on the oscillator. I threw in some color yellow @80 and @20 leves to watch better the OB and OS zones.

I'm using the oscillator with "Longitud" @120 and "Fuente" @ohlc4 (sorry about "fuente" and "Longitud" my Tradingview is in spanish) and the extra levels @65, 50, 35 on the oscillator. I threw in some color yellow @80 and @20 leves to watch better the OB and OS zones.

I only day trade and swing trade the 5 minute time frame.

Hope this helps and may you find it useful.

Sorry if my english is bad, not my first language.

[thin trail]

love the predictive channels, I think it's one of the coolest features 😉

[coral frigate]

Also if you watch closely there was a nice divergence that started forming during june the 7th at night and stopped forming on june 8th at the opening of the market, giving an over 100 points move to the downside when the market opened.

[coral frigate]

Yes !!!! They are awesome and follow the price really well and I think those are the greatest and most accurate indicators/tools the ones that follow the price

[shy torrent]

@vale ether whats your lux settings if you don't me asking

[vale ether]

12/70 for gold, optibot 4H recommends for currency

[safe tiger]

Did you notice the pattern you were talking about which happens on Fridays 10 PM to 1 AM UK time?

[regal thorn]

So how do i set up alerts for signals?

[thin trail]

!alerts

[hidden moss]

How to set up your own custom alerts in TradingView: https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview

[maiden girder]

Thank You 😊

[slow root]

Hi quick question about trend-catcher how do I determine in alert api when its green or red? is there a variable for that? I added an alert for trend-catcher but none of these variables tell me when its green or red {{strategy.position_size}} {{strategy.order.action}} {{strategy.order.contracts}} {{strategy.order.contracts}} {{strategy.order.id}} {{strategy.order.comment}} {{strategy.order.alert_message}} {{strategy.market_position}} {{strategy.market_position_size}} {{strategy.prev_market_position}} {{ticker}} {{exchange}} {{close}}, {{open}}, {{high}}, {{low}}, {{time}}, {{volume}}

[empty solar]

Currently you can only alert for a change in color but we will be looking into adding an alert for more info

[cyan shell]

New strategy video/channel! LUX yt

@VIP - Subscribe to @[LUX] - Admin (Gecko)’s new YT channel where he’ll be posting trading strategies you can use with Lux Algo indicators! CrazyBlob

This one is a combo of Auto-Pilot signals, Trend Catcher + Lux Oscillator. Enjoy! point_down

https://youtu.be/rZTpPGqt4To

Hi ive seen this video, can anyone tell me if the settings for oscillator works as well for 15min timeframe? Thank you

[empty solar]

I'm not too sure, I never tried it 😅

[hidden moss]

Is there any strategy for scalping bitcoin on lower timeframe

[cyan shell]

Ok thanks. Do you have recommendation on what settings should I use on oscillator to get similar result for 15min? Will this strategy also work with stocks? Thanks

[empty solar]

Not yet but I'll work on it ☺️

[empty solar]

Oh I'm not sure at all but I'll be testing it out

[cyan shell]

Thank you. Looking forward for your next video strategy. 😊

[karmic steppe]

Waiting for this btc candle to close could be the first strong signal ive noticed since watching gecko's video 👍

If it does come im assuminf the oscillator looks ok to take a trade?

Doesnt look like we'l get it anyway

[tidal vale]

@hidden moss @empty solar hello iam nitin from india please convey my message to developer alexgrove sir....your product is really Amazing i book profits in longer term (swing trading) but i am a day trader (intraday trader) scalper i request please add on new indicator only for scalping on(specific) 1min to 5min time frame on any ticker,stock and indices ......thank you a big thums up 👍 looking forward

[empty solar]

Glad to hear you like it ☺️ There are tools provided that could help scalp lower timeframes definitely

[bitter geyser]

thanks mate

[worldly marsh]

Is there a preferred setting for buy sell signals for different crypto pairs etc that work better than the standard

[empty solar]

You can find these in optibot, on the dashboard or autopilot

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method

[worldly marsh]

'tx man

[full pasture]

Hi, if anyone here can share their experience of using Lux algo in Fixed time trades in 1, 5 of 10 minutes timeframes & success rates? Will be helpful..

[worldly marsh]

I have just recently purchased it myself getting used to it saved me from some trades I would of taken yesterday. I use it as another verification of my strategy before I take a trade. They are supposed to have settings dialed in for multiple stocks/crypto etc.

[karmic steppe]

First signal since seeing the gecko's strategy

[wooden mural]

Hi Gecko , have you found the best settings for the NAS100 ? Would be nice to have the best settings of the us30 and nas100 on the optibot for the 1 minute and 5 minutes

[empty solar]

The US30 is under the DIA

You'll find them under the ETF section 🙂

[wooden mural]

ohh so the nas100 is like the QQQ

[empty solar]

Indeed 🙂

[wooden mural]

Great thanks!

[rare wing]

how could anyone dislike this?? simple and straight to the point.

[empty solar]

Appreciate it 🙂 I try to make them short n simple

[naive aspen]

How do you guys usually operate when the optibot recommendations change what seems to be day and night? Yesterday AAPL 1h was 22/20, today it's 38/35. Do you just go with the latest and take a look at your open positions accordingly (buy may turn to sell in such cases very easily etc)?

[empty solar]

Is this for the 5m I assume?

[naive aspen]

1h

[empty solar]

That'll just be done once a week, so new settings are generated once every week

[hollow basin]

Is it possible to have multiple views in tradeview with different Lux settings?

[empty solar]

Split screen? Or save chart settings?

If you want to save settings per pair: https://www.tradingview.com/support/solutions/43000543048-what-are-indicator-templates-for/

[hollow basin]

split screen i guess

actually, looks like templates will do the job

thanks

[tame fossil]

what's the better between "Auto Pilot Confirmation Signal Settings" and "Opti bot"

[elder pivot]

The answer I've seen before is that, if Optibot supports the timeframe/instrument, then use that - otherwise default to autopilot if you don't have better settings yourself.

[tame fossil]

thanks.
so,
Opti bot, first
Auto..... , second

[elder pivot]

I'd say...

1. Anything you've backtested first;
2. Optibot for the instrument/timeframe second;
3. Auto third.

[tame fossil]

yes.
thanks for the wise answer.

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method

[west elm]

Where do I get access to the signals chat?

[empty solar]

#🔔scanners-premium

Opt in there ☺️

[versed birch]

Any idea when will crude oil come down?

[mighty flower]

When Biden leaves office

[shy torrent]

does anyone have any adivce im new here and confusing on the indicator. and so far been losing money.

[empty solar]

Have you seen #🔊announcements ?

[shy torrent]

yea

[empty solar]

There are some nice strats in there 🙂

[coral frigate]

I have very few days with lux algo, so I'm still messing around and getting acquainted with the indicators. Loved the setups in real-time I spotted since june 10th. For example the price visiting many times the overbought zones in the legacy oscillator were awesome for me to confirm that the price wanted to go higher, by visiting many times the overbought zone the price was showing a lot of bullish conviction and later it made all time highs. In that case not every overbought signal means you have to sell, if it is a bullish trend and the price is making higher highs then Overbought means buy high and sell higher. Also I don't know how lux algo spotted on June 10th the bottom of the beat down the nasdaq suffered since June 8th, to be honest that one was pure luck and I took the trade blindly when all lux algo indicators turned bullish and finally when the price pierced the EMA's I took that as confirmation of bullish momentum.

Then the second picture. The price started to show exhaustion after a nice bull run the past days and it gave a perfect bearish entry. I confirmed the entry with the price breaking the lux algo predictive channels with a lot of conviction and also no bounces from the channels.

Will keep testing and continue learning price action with this amazing tool.

[warped nova]

@empty solarso for the OptiBot how often do the recommended settings change?

are they fairly consistent?

daily? I'm looking at TSLA specifically and I'm unclear about when the recommendation changes. It looks random?

I see some significant changes from say 6/2 to 6/7

which I can see it makes sense since I"m looking at 15 minute TF

so I suppose the best thing to do is to check it every morning to see if the recommendation has changed

[empty solar]

5m will update every day, others 2 times a week and 1 and 4h once a week ☺️

Consistency for lower timeframes won't really be a thing sadly

[worthy fox]

hey gecko quick question higher agility means faster signal? or is it higher sensitivity faster signals?

im trying to understand how it works to tune it slightly

[empty solar]

Confirmation Signals Agility is specifically designed to filter out signals occurring during ranging markets, increasing this setting will generate more strong signals as a result 😊

[worthy fox]

word thanks boss

and the sensitivity

[empty solar]

That basically impacts signal lag

[wicked hazel]

When ever I set an alert for a confirmation change and I go to the chart it is never timed in the same spot. Also what is the best way to set alerts?

[empty solar]

May i see your alert settings?

[empty solar]

Use once per bar close 🙂

[wicked hazel]

Thank you

Even with the lux I still have a hard time staying in the trade. Is there any indicators you suggest on using? Prime example I had DKNG calls I bought yesterday before close and got shaken out on the morning dip. But bounced to $50 right after I sold.

When using the string buy ans sell I try to wait for the signal snd then a pull back to the alter zone before I enter.

[empty solar]

Which features in Lux are you using?

[wicked hazel]

Buy sell signals, reversal clouds

[empty solar]

and which timeframe? 🙂

[wicked hazel]

I use 2-5-10- 1hr and daily

[empty solar]

That's quite a range, so which timeframe do you use for entries?

[acoustic parrot]

Can anyone advise me how to use those Lux alerts? I have tried for 5 times on Forex, never got any win, all loss.

[dim temple]

did you use opti bot?

[acoustic parrot]

Nope, just manually.

[dim temple]

try the preferred settings with optibot

[empty solar]

Yep either try optibot or autopilot and really don't use signals as entries

[dim temple]

also use market analysis with the tool after doing so, i recommend S/R and fibs

[dim temple]

Hey Gecko what exactly is autopilot, i didnt see that

[acoustic parrot]

How can I get the preferred serting and optibot?

[dim temple]

optibot is under setting optimizer tab

[empty solar]

@acoustic parrot I'd highly recommend reading through our documentation so you know what's availible 🙂

!docs

[hidden moss]

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

[dim temple]

copy that, thank you Gecko!

[acoustic parrot]

@dim temple thank you

Gecko thank you will read, will be back for more questions. 🙏

[dim temple]

No problem, all learning here too, i recommend watching all of their youtube videos and others using lux algo as well.

[warped nova]

@empty solarwhich one is more accurate? The settings in OptiBot for the day or the senstivity level in the actual chart? For example TSLA had 10 today but the chart has 11

[thin trail]

see this section of the signal settings docs https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method @warped nova

[warped nova]

got it, thank you kindly

[safe glade]

I'm getting chopped to high heaven on my set up with BTC. I backtested on sensitivity 13 & 5X leverage futures, but this choppy market has seen my test portfolio plummet. Changing sensitivity up doesn't look like it helps. It lowers the frequency somewhat, which lowers the number of losing trades, though it ends up sending signals to sell at support and buy at resistance. I'm trading exclusively on buy/sell signals at the minute - worked a treat when backtested but this run is pretty bad. Does anyone have any tips on how best to navigate choppy markets?

[empty solar]

Take a look in #🔊announcements for some examples 😀

[hidden moss]

Gecko

Which scanner should i pick for gold ?

@empty solar

[empty solar]

Commodities

[hidden moss]

Thank you and sorry for the tag

[empty solar]

it's ok 🙂

[hidden moss]

Im having fun with the signals on the 10 min time frame

[mighty ingot]

Any good indices settings ?

[ionic sparrow]

its awesome

[thin widget]

@drifting haven nice wins man, which strat did you use?

[drifting haven]

@thin widget I used Premium and Oscillator

When strong signal and Oscillator is under or close to 20 or 80

[sharp swift]

can you set up alerts on trend catcher/tracer for when it turns green/red instead of alerts for price crossing up/down thru the line? thanks

[empty solar]

You currently can only alert on the change; we are looking into adding this facility

There are work arounds that I'm looking into regarding this and momentum oscillators

[sharp swift]

what do you mean by workarounds? currently or for the future?

[empty solar]

In the future we are looking at adding the alert for the color change 🙂

[sharp swift]

sweet! that would be so good cause it will filter out alot of market noise and keep you focused on the real trend

[sharp swift]

have you ever used renko bars to trade

[empty solar]

I have never really no; I've taken breif looks at them but never in depth

They do look interesting things

[sharp swift]

they are based off of only price movement instead of time and price in candles

you can set the block size in ettings

settings

[empty solar]

I'll have a play for sure and a deeper look into usecases

[sharp swift]

look at eth/usdt on 1sec -1min chart and set the block size to 5. add ema 1 period, source open, offset 1. look at entire month of may. using line cross strategy for buy/sell. if you use higher time frames theres big time slippage cause it could jump 4 or 5 blocks before block confirmation

unfortunately it wont work in current conditions:?

:/

[floral spoke]

hey guys, just joined today. was curious if anyone uses lux for options trading, and if so, any recommendations on signal settings?

[thin trail]

!settings

[hidden moss]

Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

[thin trail]

see bottom of this page

[warped nova]

@floral spokeI use Lux for option trading and equity

I just use the OptiBot settings

15 minute time frame

patience is key

I don't blindly take a signal, I use the signals to prepare for a trade

TSLA 15 minute example

So you can see I use the predictive ranges with the signals. Love me some predictive ranges. The Lux guys can attest I've been around for a while and my love for the predictive ranges

I like using TSLA as it moves so much unlike SPY where a signal might garner .50-1.00. These moves above in TSLA were around $40 - $60 swings

[empty solar]

I can indeed attest J0turne is the master of predictive ranges

[warped nova]

@floral spokeHere is one that is tricky

price opened below the predictive range with a strong sell signal

but price quickly moved up above it, at this point if you haven't taken the loss you are now looking for when to take the loss

which is the retest of the predictive range and the bounce from it. Without it breaking the predictive range the signal is a false one

that is where you should take the loss and possibly go long but I wouldn't have

again you can see it's all about patience

especially if you are trading TSLA

I see a lot of people just taking the signals and in my opinion that is wrong

Here is an example of a signal but no trade setup for the entire day

which isn't necessarily bad, as a trader, in my opinion, you want quality setups not number of setups

[grim berry]

even in btcusd and Xauusd, same scenario.. signal is strong sell but the market is going up

[warped nova]

I have found in big movers like TSLA that "strong" signals often are reversed which makes sense if you understand price action

at times it behooves you to take the opposite of the strong signal if you watch price action, you can get a scalp on it

[floral spoke]

Appreciate the insights. I will definitely be back testing some today with different settings.

Do you primarily trade options?

[warped nova]

I would say it's about 50/50

I rarely swing options

mainly trade them intraday

unless I'm selling options via cash secured puts or spreads

[toxic briar]

Please which number of predictive range do you use

[warped nova]

@toxic briarI use the default of 5

@empty solarIs there a better setting for predictive ranges instead of 5?

I never thought about changing it

@floral spokeanother way I play the signals without a predictive range in sight is I'll wait for a retest of the high/low of the signal. In this example, I'm waiting to see if price will break above the sell signal high, if it doesn't I will take a small play and scalp out

15 minute chart makes it easier to see patterns

I trade shitty on the day chart

just seems like a lot of whipsaws

and I do like to take profit intraday so I can relax over night

I like to go in with bigger size for trades that have predictive range as part of the setup

Here is an example of a loss and couple of gains using what I just mentioned

[empty solar]

5 seems to work nicely for you and is also my favourite ☺️

[random frigate]

Hi everyone, I'm new to Lux Algo. Really impressed with all the information available on the system. Hopefully I can correctly apply it!

[empty solar]

Welcome aboard 🙂

[thorny gate]

love shorting with USDT Perpetual
USDT Margined, ETH gos down and my dollers going up 😎

[grizzled jolt]

Do you have any document to setup alert using Lux Oscilator?

[empty solar]

What type of alert are you trying to set?

There are built in alerts for signals and divergence

[hidden moss]

i have set oscillator alert when its above 80.. but it doesnt gives alert.
Lux Oscillator (Normalized, 14, close, 14, EMA, Top Right, Small, Red To Green, On, 80, 80, 20) Greater Than 80.000 on EOSUSDTPERP, 15

[empty solar]

If possible could you share a screenshot?

[analog onyx]

@hidden moss Use "Crossing Up" instead of "Greater Than" and set the alert to trigger "once per bar close", also select "Normalized" instead of "Lux Trend Area"

[hidden moss]

fine. giving it a try..

https://www.youtube.com/watch?v=3ysPAGFyquo
in this video whats that red and green indicator>?

[empty solar]

The reversal zones?

[hidden moss]

is that correct? alert.

for oversold.. crossing down 20 right?

[empty solar]

yep, all good 🙂

[hidden moss]

waiting for your scalping video

[grizzled jolt]

There is Major/minor buy/sell, Entering channel etc. Do you have the explanation/definition of these alerts?

[empty solar]

The buy and sells are just alerts for the labels on the oscillator

And as for the divergences they are also just alerts for the divergence dots

So they are just alerts for labels on the oscillators 😊

[floral spoke]

What kind of options do you typically trade? (Weekly/monthly, etc)

[warped nova]

@floral spokesince majority of my option trading is only for intraday trades, weeklies

TSLA is a pretty good one to trade

[floral spoke]

Likewise.

AMZN is nice too

[warped nova]

I haven't done much with it lately since it seems to be stuck a bit

well AMZN does have nice $50 moves though

[floral spoke]

Just have to be on the right side of it

[warped nova]

right, same with TSLA, you gotta be careful about the move. If it runs your options can be dead in the water

and they aren't cheap

[floral spoke]

And premiums move fast

Going to try and back test on the 4 hour and see if I can play some more long term expirations

[warped nova]

long term being?

[floral spoke]

No longer than a month

[warped nova]

my longer term plays I usually do cash secured puts if I am okay with holding the company

[floral spoke]

Likewise

[warped nova]

that way I am paying myself a dividend (kind of)

[floral spoke]

Will keep you posted if I find anything interesting.

Good to have a fellow option trader here

Currently holding a TSLA $650C 6/25

[warped nova]

I've been thinking about maybe intraday trading SQ

[floral spoke]

I was in SQ last week, it was good

NVDA, although I think it’s late to get in to that party

PYPL and ROKU move nice

AAPL can be good

ZM an FB we’re good this past week as well

[warped nova]

@floral spokewhat timeframe do you usually trade for intraday trades? or do you mainly swing?

[floral spoke]

Mostly intraday. I mostly use the 5 and 15 for entry’s then flip between the 3 and 5 and monitor support and resistance.

How about you

[olive raven]

Hey guys, how do we activate the new feature for LUX (trading with org)

[thin trail]

It's the Lux type on Lux Oscillator

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

[olive raven]

Thanks!

[warped nova]

Short of TSLA this morning. Couldn't break Friday's highs with that burst in the first few minutes of trading, waited for price to get below the open of the sell signal, closed trade at touch of predictive range

[floral spoke]

Keeping an eye on AMD, if it can breakn VWAP, I think 85/86C look good

On the 5min

Everything just following QQQ right now

[floral spoke]

FUBO worth watching

[warped nova]

another TSLA short on the day, faded the Strong buy signal. Seems to me that on Strong signals for TSLA that there is a pullback you can scalp.

@empty solaryou guys got any data on the trend tracer and trend catcher crossover?

got one here on TSLA

15 minute

[analog onyx]

we currently don't, but it is something we can try to study.

[warped nova]

There was a crossover earlier on TSLA today but not much from it, crossover didn't happen until most of the move happened. What I noticed was the trend catcher was red but trend tracer still green,

[warped nova]

and why if you fade a strong signal you do it quickly

[warped nova]

TSLA 15 minute with signals and Trend Tracer/Catcher

@analog onyx@empty solarI'm starting to like the Trend Tracer/Catcher

are the trend tracer/catcher just a combination of moving averages?

[analog onyx]

No, they can technically be considered non linear adaptive filters, but they are not related to more classical moving averages.

[warped nova]

they don't take into account volume then do they?

5 minute TSLA with trend catcher/tracer

@analog onyxdoes changing the signal settings do anything to change the trend tracer/catcher?

[analog onyx]

no, the trend catcher/tracer are not affected by signal settings

[warped nova]

didn't think so, thanks for the confirmation

[floral spoke]

How’s you end up today?

[warped nova]

@floral spokegood, took a couple of TSLA trades and called it a day. I'm watching the trend catcher and tracer now to see how they react to price action. I record the trading day and review it at night. How about you?

[floral spoke]

I caught FUBO at the bottom for a 200% run. I used the oscillator signals on the 5 minute, it never sent a buy signal, then kept an eye on the predictive ranges. It worked nicely. Bought around .30, I exited in the 90’s. It kept running a lot higher but can’t complain about 200% at all. Also took a swing position in AMD at the bottom, but has been trading sideways, so I’m hoping for some action early tomorrow or will probably set a SL at 10% or exit around break even if there is no movement.

[mighty ingot]

Best us30 setting

[empty solar]

You'll find that on the dashboard 🙂

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method

[fallen tree]

any ways to use the lux algo discord bots in a differant server?

[empty solar]

Which bots in particular?

[fallen tree]

market news and algo

[empty solar]

That'd need to be organised privately with us 🙂 If you wish you can DM me exact requests and the server 🙂

[hidden moss]

Gecko

What sensitivity is best for short daily trades ?

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method

There's a few things here ^

[hidden moss]

Thank you again and again

So 5 - 10

[empty solar]

If that's what you like absolutely 🙂

[warped nova]

@empty solarcan you offer any insights on the OptiBot 5 minute settings? For example yesterday TSLA was 21/21 and today it is 28/38 which is a big difference.

[empty solar]

Optibot tests over 2000 candles. Every day there are 288 new 5m candles produced so every day so 15% of the data roughly changes each run. This is quite a large difference so the new data must have had a large impact

[warped nova]

Gotcha. Thanks

[full pasture]

Hi, can anyone suggest settings for US 30 as well as Lux oscilator?

[analog onyx]

check the ticker DIA in the ETF's in optibot

[warm oar]

does the lux algo indicator not work when using the tv desktop app?

[empty solar]

It does indeed

[warm oar]

weird let me try agin

kept getting a study error

ok got it to work. is there something i can read to learn more on the indicator. especially how the candles are colored and what it means since there's 4 colors for candles.

[analog onyx]

you can read our documentation page https://docs.luxalgo.com, here is the page regarding candles https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/candle-coloring 🙂

[warped nova]

In case anyone wants to track it here is TSLA 5 minute time frame with yesterday Optibot settings of 21/21

and here is today's TSLA 5 minute time frame with Optibot settings of 28/38

@analog onyxquestion sir. Why would the dashboard below have different recommended settings? The first one recommends 15 and the 2nd one 28

[empty solar]

If you changed the agility the recommended sens will change 🙂

[drifting basin]

Who's trading usd or crypto right now?

If you're not your missing out on huge long term gains while moves are being made on key levels!

[wanton field]

@Admin Any alerts is sending alerts without waiting for bar close. Is it true?

[empty solar]

This is indeed true

!confirmed

[hidden moss]

A signal is confirmed only once the candle is closed. Meaning a signal could appear on your chart but is not confirmed until that candle is closed and the next candle has started.

Our automated Discord bots will never notify you on any signal until the candle has closed and confirmed it. If you're adding alerts for Lux signals in TradingView - make sure to select "Once per bar close".

[wanton field]

Risky for me

[empty solar]

It's designed to be lower risk at the expense of timing however of course you can set your own alerts in TradingView before the close

[uneven cargo]

Watsup guys! So what exactly is the trend tracer and trend catcher and can i set alerts up for when they cross eachother?

@empty solar

[analog onyx]

set the alert as follows, see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/indicator-overlay#trend-tracer to learn about the trend tracer/catcher

[uneven cargo]

Perfect! Thank you

[merry beacon]

Hi. Can you explain what you mean by the two crossing? How does the price develop then?

[empty solar]

The crossing of the 2 may reflect a change in market direction e.g. a crossover might be bullish and visa versa

[merry beacon]

Thank you very much. I had not seen this perspective at all.
And in addition a signal... then one would have probably a good entry or exit. Right ?

[empty solar]

It's possible to use them as this yep ☺️

[merry beacon]

sorry I am still at the
beginning of the traiding.
The Oscillator is good to recognize a general trend. right ?

[analog onyx]

it can yes, the lux type in the lux oscillator has a trend area which can be used to determine the general trend direction.

[drifting basin]

On the daily tf USD Index has surpassed both the 200 MA and a long trendline that dates back to Sep 2020.. hmm

It looks like it's just retesting this area. That on top of the fed considering raising interest rates in increments to 2023 I am beginning to think my original thought about USD regaining strength to be accurate.

[warped nova]

How I played TSLA today with the new Optibot settings of 10/37

15 minute TSLA same settings as previous 15 minute

no new signals today, recevied Strong signal yesterday and price continued to bounce from the Trend Catcher

@analog onyxany data on price being distanced away from the Trend Catcher/Tracer? does that indicate any kind of pullback or reversal?

[analog onyx]

no data on this I am afraid, but the price distancing both indicator would mean that there was strong price variations.

[warped nova]

you talking about the Trend Catcher moving further away from Trend Tracer?

TSLA did moon today

[floral spoke]

Great day today using the predictive ranges

[warped nova]

Predictive ranges is where it's at

[compact ingot]

What kind of trades would you guys say the algo works best with? stocks, crypto, or futures?

[warped nova]

@empty solarhey! Why didn't you tell me the EQ cloud is awesome?!?

[empty solar]

hahahahahah

You loved the predictive ranges so I left you to it

[warped nova]

honestly there really isn't anything I dislike about Lux except you won't let me build a bot with it

[valid timber]

What are prediction range and EQ cloud? Sorry I'm a beginner here. Have too many questions and a lot to take in

[analog onyx]

No worries, the EQ cloud is a simple cloud indicator, see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/indicator-overlay#eq-cloud, the predictive returns constant real time support and resistances levels, see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/support-and-resistance-and-trendlines#predictive-ranges

[valid timber]

Thanks man. Do you have any suggestion for me to refer to as a beginner?

[analog onyx]

The links I sent you are part of our documentation, I strongly recommend you to check it, we also have videos in our youtube channel, if you have very specific questions feel free to ask in #🤝support 🙂

[valid timber]

Okay great) I appreciate that

[warped nova]

I got it wrong, I prefer the reversal zones over the EQ cloud. Not a huge fan of the EQ cloud but enjoying the reversal zones with the predictive ranges

[floral spoke]

How’d the day go?

[warped nova]

@floral spokegood, played TSLA short with the signal on 5 minute, 15 minute

and used 1 minute predictive ranges and reversal zones

15 minute

15 minute trend tracer/catcher seems to work well

I wait for a retest of the sell signal and once price started to re-claim the trend tracer it was time to get out

but did take a smaller short with rejection at 15 minute trend catcher

as that line up well with 1 minute predictive range rejection

how about you?

[floral spoke]

Took an 85C on AMD Monday using the daily, was a bit risky as it closed right below resistance but kept a close eye on it using the 5 minute.

[warped nova]

I remember you saying you were going to take that

looks like you can buy anything right now and make money

market going parabolic

[floral spoke]

Closed out today over 100% near the top using the 5 min.

[warped nova]

nice

you liking Lux so far?

[floral spoke]

I’m enjoying it a lot. Saves a lot of time constantly adjusting s/r so I don’t have to draw them out. Let’s me keep an eye on other plays for sure.

[idle torrent]

can you backtest Lux Algo on trading view?

[floral spoke]

It’s definitely kept me in some trades a little longer than I normally would have been, and that’s been the difference between 60 and 100%+ returns.

Only first week using it, so when I have time this weekend I’ll do some back testing and see if I can pick up any other helpful features. But like the idea of using the cloud for reversals. Did that help today?

[vale dragon]

Last time I used Lux was a few months ago and things have def changed. 👍

I just subbed again and got access. So I decided to.open the phone app and load it just to get a peek.

Only think I did was click on Auto Pilot on BTCUSD Bybit and all I can say at first look is.....

HOLLLLLY CRAP, BATMAN!

First look seems much better than before. Switching betwwen timeframes and even at 5 min there are long higher % moves from what I can see.

I was going to bed shortly but I need to stay up awhile. 😁

Also if anyone is looking for an inexpensive trading bot to use, Alertatron is awesome. Just your basic customizeable alert scripts and its very quick as well.

[warped nova]

@floral spokeI used the reversal zones not the EQ cloud. I get them confused

yeah, it worked well on the 1 minute, you have to be careful because like bollinger bands it can "ride" the wave

TSLA 1 minute today. rode the reversal zone up

here were some shorts but this is 1 minute chart so have to be very very quick

it seemed to work well timing it with 15 minute and 5 minute signals and trend tracer/catcher

@vale dragonThis Altertaton you mention, can you use it to trade options? Probably not right

[floral spoke]

Definitely going to add reversal zones to my chart

[floral spoke]

Are you swinging anything overnight?

[vestal portal]

anyone from canada

i got offer pay by crypto but i dont have a wallet for crypto

any suggestion how to make one? and which one is the best?

[vale dragon]

I'm guessing not but search to be sure

[floral spoke]

Is there any way to add two s/r mode indicators?

Or just have two charts side by side?

[vale dragon]

Do they work well crossing over?

[empty solar]

If you are 2 versions of Lux at the same time this can be done

[fast spade]

why does lux algo is not going with lower lows higher highs, iam using an indicator and it gives me earlier entrys

[hidden moss]

which indicator

i want it

[fast spade]

i found lux algo developed a tool called lower lows higher highs but its offset not on set

[hidden moss]

the swing indicator from lux comes a bit late, was hoping it would be in real time

[empty solar]

Oh we can dream

We need to try and make it a little clearer

[fast spade]

the lux tool higher highs lower lows is so perfect

[empty solar]

It's not real time

[hidden moss]

it's spot on

just not real time

[fast spade]

yeh i know

but are u able to make it real time data

[hidden moss]

but anyone can point out a high and a low 21 bars later 😦

[empty solar]

You cannot make it real time I'm afraid

[hidden moss]

yeah kind of impossible

[fast spade]

i mean based at an algo or something i dont know just asking

[empty solar]

The way that script works; is it'll wait 21 bars into the future. After 21 bars it will check for the pivot point essentially

[fast spade]

so u mean to enable pivot in lux algo to use it combined

[round horizon]

Hey everyone!
New here, just bought subscription to test this indicator out
Are there any tips on how to utilize lux the most? Something that is not covered in FAQ

[empty solar]

You could use it alongside Lux possibly; it's just very very not real time

If you want realtime; we save those for the main script such as predictive ranges or anything predictive

[empty solar]

Welcome 🙂 In #🔊announcements there are a few example strats I created

Have you seen our docs?

[round horizon]

https://docs.luxalgo.com/getting-started/what-is-lux-algo
You mean these?

[round horizon]

Nice! Missed it
Will check out

[empty solar]

Yep 🙂

[round horizon]

Does anyone use Lux algorithmically? I want to backtest it in crypto market, best I can think of is to setup webhook alerts on tradingview and wait for data to gather

[round horizon]

Yeah I have read those

[empty solar]

Yep we have quite a few doing this actually however we ask them not to share their creations in here since it can often mislead and hurt newer traders 🙂

[round horizon]

Makes sense
Is it possible to dm me their contact info?

[empty solar]

That'll be a little bit of a GDPR issue hahah but I don't believe it's hard to automate

[rain loom]

Hi, I have just purchased but the Lux Algo Indicator is not showing up on TradingView.

[empty solar]

I'll help as much as possible

[empty solar]

@rain loom Have you connected your TV account?

[rain loom]

Yes

[round horizon]

😆 ok i get it

[empty solar]

@rain loom Try refresh the page 🙂

[rain loom]

I have signed out and in.

[empty solar]

What username did you use?

[rain loom]

TimmieSummers

Found it.

[empty solar]

I see that's been added correctly; odd

Oh it's working?

[rain loom]

Yes it is now thank you.

What is the best time frame for forex?

[empty solar]

That'll be the one you currently are most experienced on but we don't recommend <15m

[rain loom]

How about 30m?

[empty solar]

That's a nice one 🙂

[rain loom]

Ok thank you.

It's also a pleasure to be on board 😄

[empty solar]

Welcome 😄

[rain loom]

What is the best signal sensitivity?

And Agility??

[empty solar]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings#choosing-the-right-method

See here for optimisation approaches

[round horizon]

2 questions

1. I have zero experience in pinescript, is it possible to backtest lux? How do i import the function of confirmation signals?
2. What are volatility units of measurement and what proxy is used to calculate it? Is it realised variance approach?

[empty solar]

It's not possible to backtest for a few reasons, firstly it's simply not possible in TV with script types and secondly we don't provide a strategy, signals aren't built into a strategy by default, no SL or TP ect

And are you referring to Lux volatility?

[round horizon]

Yes

[round horizon]

Correct me if I'm wrong
Lux confirmation signals are coded as study, but as it is closed source, it is not possible to use Lux output as input for my custom strategy built in pinescript?

[empty solar]

Exactly, it's a closed source study so it'd depend on the outputs you're using

But the signals aren't output as something you could access

[round horizon]

So the only way to actually use it algorithmically is by alerts you provide?

[empty solar]

Yep that'd be via the alerts if you wanted to use it in an algorithm

[round horizon]

And regarding this question?

[empty solar]

Ah we don't go into specifics of course but it'll be based on close price variations

[warped nova]

Nice morning short on TSLA

[warped nova]

Why I use predictive ranges as targets

[hidden moss]

is there a tutorial on how to use the trend indicator the best?

I keep getting burned on viac, because it reverses against TTM and MACD

[empty solar]

Which trend indicator?

[hidden moss]

trend catcher

[empty solar]

Trend catcher aims to predict a change in a trend earlier so naturally may behave a little contrarian in nature. The other indicators your mentioned are classical and have higher lag. If you prefer more classic trend tracing the trend tracer will do this however the trend catcher may go against classical directional indicators

[hidden moss]

I'm also trying to understand why it will go past the trend indicator but it won't change either

[empty solar]

I'd use it maybe as a TP or SL

[hidden moss]

a TP?

trade point?

[empty solar]

Yep

Oh

No

A take profit

[hidden moss]

ahhh

ok

I see

it's definitely useful

just trying to stop my losses. My charting has sincerely improved, it's just I'll have my pants pulled down by sudden reversals that go against my indicators

would there be tutorials on all the settings of lux algo in the future? I saw the one using the oscillator and the trend catcher with btc.

[empty solar]

When you say tutorials on the settings, wheat would this consist of?

What each setting does?

[hidden moss]

yes

when I try to look into it, that's kind of all I see

I'm an inexperienced trader, so just doing whatever I can to help

[empty solar]

!docs

[hidden moss]

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

[empty solar]

If you go to our docs and search any feature it'll give a full breakdown 🙂

[hidden moss]

ohhh

thank you!!!

[warped nova]

let's see how much TSLA bounces

my play here would be to wait and see if price gets to the yellow predictive range with the red reversal cloud for a short, I wouldn't short at the blue predictive range whrere it is currently headed

give it up for the reversal zone and predictive range though calling a bounce here

15 minute at trend catcher

[hidden moss]

are there recommended high movement stocks for contracts under 100?

viac killing me

[warped nova]

@hidden mossare you long VIAC?

[hidden moss]

no

been paper trading to refine my charting, but been actual trading viac

the low movement and then reversals are killing me

may I DM you, @warped nova

[vale dragon]

BTC 30 Min Bybit first test. When it started to reverse I was going to manually exit (as I always do and miss out) but the solid red candles, and the red oscialltor said "awww hell naww, stay your azz in."

Trend catcher btw-Auto Pilot, no filtering just straight-up green/red/green flipping.
I'm done working and trying to figure things out while losing money the past 3-4 years. 🤓

Beavis crypto would say "I need TP for my cyrptooooooo...hhmm mhmhm mhmhmm hmhmhhm." 👍

I did some manual backtest measurements on 30 min and 45 min starting June 1st, $100 position, 10x and did the math. There's no way it can be correct but my measurements are close. I can share the basic Notepad file if anyone wants to see.

I'm also automating with Alertatron

[vale dragon]

@empty solar

Would this be you? 🤓

[warped nova]

I keep expecting TLSA to bounce more than it has

now I'm waiting for price to get to red predictive range/ reversal and see how price reacts for a short

may never get there

[empty solar]

It would indeed 🙂

[vale dragon]

Awesome-watched it yesterday while I was waiting for activation

I think it works for trend catcher too-if an opposite color shows than the oscillator, ignore it and stay in current trade.

[empty solar]

Absolutely could work 🙂

[floral spoke]

Market has been boring today

[vale dragon]

That gave me an idea if it hasn't been submitted.

Somehow combine the 2 scripts and only allow longs/shorts that agree with the oscillator like the video shows. Otherwise it ignores an entry.

(That way I can automate it too)

[mighty ingot]

Lux not the same when it come to indices and forex pairs

[empty solar]

What do you mean by this? Not the same signals? Features?

[rain loom]

I am on a demo account while practising to trade, and for my first day using Lux Algo, I earned a porfit of £60 in around 10 minutes.

[warped nova]

Will TSLA reverse or make it to predictive line? Stay tuned

reversal zone won

[vale dragon]

@empty solar

So I manually went back and measured all trades back to June 1st on 15, 30, 45, and 1 hour.

Just like your video, it looks like 30 min is the winner with Trend Catcher and auto-pilot. 15 was 2nd but there was a big difference between those using leverage.

On btc that is

I'm about to enter the first automated trade and doing a screen capture-hopefully that doesn't jinx it.

[warped nova]

@floral spokeyeah, nothing exciting unless you caught the right moves early. I really only watch a few tickers

I had no idea SPCE was running 40%

[vale dragon]

Is anyone trading off Trend Tracer color changes?

[warped nova]

@vale dragonI'm swinging a TSLA put lotto due to it

15 minute

@vale dragonthis is 5 minute TSLA from 6/24

I liked using the sell signal, waiting for price to retrace to trend catcher and take profit at trend tracer

With the large red candle rejection on the 5 minute after the green candle after the sell signal this is the 1 minute chart

lined up with rejection of predictive range

and here is how the 15 minute lined up with the 5 and 1 minute charts

now I am a scalper at heart and only really swing lotto plays if I swing

lotto to me means I'm okay losing 100%

So far Lux seems to be working really well with TSLA. But you have to be patient, let price come to the indicator

[vale dragon]

I trade crypto-it reacts differently

[wind tiger]

we can use the trend catcher ? cross ?

[vale dragon]

Not on BTC from what I see

[wind tiger]

which time frame ?

[vale dragon]

when I did the manual backtest yesterday on 30 min with Trend Tracer color changes, I measured using the wrong candle. I thought it alerted the candle after color change but its the end of the first/start of 2nd one after color change, so I need to redo it.

For now, I have it entered shorts and using the long alert to exit short

Using Geko's strategy this short would have been awesome, the long before not so much. Not sure if that Long should have been entered as the oscillator isn't green but it's not red either. It's all under the 200 SMA so I would stick with shorts I suppose.

Another nice short that began above the 200 sma and it wasn't red on bottom but headed that way

weekends are too sideways to test

[wind tiger]

many good signals my side on 30min but the oscilattors not confirming it

[empty solar]

Yep sadly this can happen; it was designed to be a super safe strat so good opportunities are missed sometimes

[wind tiger]

ia m on 30 min sensivisty 16

maybe use this changede trend colord to confirm after ?

and the cross ?

[hidden moss]

You just suck at it

Lux algo has tools that are optimized to their settings and tailored to the dev team's desires. all these tools are meant to be used to whatever strategy you will prefer. they even give you strategy exapmles and ideas, also answer any questions that you may have

it's up to you on wether you succeed or not.

And you know why you'll never succeed? You just look at the losses and get mad. You don't ask yourself what happened, and what you need to do to learn. You just look for answers to be spoon fed to you. Until you buckle down and learn how to chart, while making successes and learning from your losses along the way, you will never be successful.

[vale dragon]

By the way-"free to use" open source code can't be "Plagiarised".

If you know of free scripts that work better, please let me know. I've been at this for 3-4 years and haven't found one yet.

Please enlighten us. If you knew of free ones that work, ypu wouldn't be here. 😁

[warped nova]

@Krossom#2471 interesting. May I ask how you used Lux?

Maybe I just continually get luck using Lux

any indicator is nothing more than a way to build a trading plan

[vale dragon]

In that case DM me how you use it. 👍

😁

[warped nova]

That guy just mad probably because he didn't plan the trade

you won't find a tool that tells you "Do X and Y" and you will just have money rolling in

[empty solar]

oh he left

[warped nova]

I miss him already

[hidden moss]

Lol

[wanton field]

Machine learning is really helpful to catch the peaks

i cant do that exactly with algo

[warped nova]

Trading is not an easy game and there are no easy ways to make money

[wanton field]

True, on top of the possibilities of win i add variability based on sentiment. That is a plague for us traders.

[warped nova]

I think the biggest problems that new traders have is averaging down

kills portfolios

[wanton field]

I think that new traders should employ the right method which maybe for me is not the best but for others yes and viceversa

[warped nova]

exactly

there is no "do x and y" and print money

[wanton field]

yes its too volatile here lol

[warped nova]

my risk profile is different than yours

[vale dragon]

Unless you're the gov't treasury 😁

(Printing money)

[hidden moss]

everyone screams buy the dip at a discount instead of encouraging others to stop losses

[vale dragon]

Too bad 3 min doesn't look like this all the time. 🤓

[wind tiger]

lol

time to sell ?

[proper ridge]

Wait you can do split screen on tradeview and what are some good settings for supertrend indicator?

[analog onyx]

yes, multi charts is supported on tradingview, you can have from 2 charts in the pro plan to 8 in the premium plan.

[wind tiger]

strange bot give this signal

[analog onyx]

why is it strange?

@wind tiger there was indeed a Buy signal confirmed at 4am (UTC+2 since I can see its in french 🙂 ) on the BTCUSD 2h tf

same for ETHUSD

[vale dragon]

I am on a French VPN as well. 🤓

[wind tiger]

1 am on my side

strange

no on 2hour timing i have no signal

[vale dragon]

Does anyone trade long/short based on those?

[vale dragon]

Got this going on at the moment

[analog onyx]

You might be using different settings, the market scanners use the default Lux Algo Premium input settings for Confirmation Signals, 12 sensitivity & 26 agility.

[wind tiger]

i am in auto

[vale dragon]

default 2hr

[wind tiger]

exact on 12/26 i see it now

[vale dragon]

I wish I knew of a good TSL, I'd set that on my trading bot

[wind tiger]

for what ?

[proper ridge]

@analog onyx appreciate the help

[proper ridge]

Looking for the.name of this indicator

[vale dragon]

First solid green in a while. Thankfully I am already Long. 👍

[tame lance]

If you don't mind me asking how much money do you need to have in Bitcoin to make say $100 a day? I assume people typically buy fractional shares? I've never traded crypto only options.

[analog onyx]

https://www.tradingview.com/script/JDFoWQbL-LUX-Support-and-Resistance-Levels-with-Breaks/

[vale dragon]

No idea. I'm doing leveraging so its different. First find a consistently winning strategy as that's always the challenge.

[wind tiger]

where you buyed you found a good entry ?

[tame lance]

Gotcha. Thank you for your advice 👍

[hearty osprey]

Sir what is your setting for tp/sl?

[soft bramble]

I have officially been in this discord server for over 1 year 🤌🤌🔥🔥

[empty solar]

@soft bramble Amazing stuff, I remember 🔥🔥🔥

[warped nova]

@empty solarI think I'm getting something wrong here

this is 15 minute chart with 10/21 as settings for TSLA

there is a sell signal there

but when I do a 4 screen layout with the same 15 minute settings the signals are different

There is no sell signal at 12:45 on 6/24 with multi layout screen

but the settings are the same

in fact it is showing several other signals

Here is 15 minute with same settings on multi layout screen

15 minute screen by it's self

more zoomed out

Why would it be different signals for the 15 minute on a multi layout screen vs. by itself?

5 minute is the same

but not the 15 minute

[empty solar]

Very odd, the settings are totally identical?

[warped nova]

never mind

I had to zoom way way out to find it

I removed it and added the 3.10 and everything lines up now

the settings were totally identical but it was off a bit

strong vs. sell signals as well

but once I removed the 3.9v and did the 3.10 it's fine

[empty solar]

Ah ok 👌

Glad it works now 😊

[warped nova]

any way to make the signals closer to the candle?

this is how zoomed out I have to be on the multi chart on the 15 minute to catch that sell signal

[empty solar]

That's a Tradingview plot thing, not much can be done with the distance sadly

[warped nova]

I guess best work around is to set an alert for the 15 minute

[vale dragon]

For those trading Futures, what timeframe do you use? Thinking of leaving Bybit and testing Kucoin Futures. There's probably better opportunities with all the coin choices.