#💬hangout
1 messages · Page 298 of 1
No not even spy anymore
he has ptsd from it
Just focusing qqq with @amber stream


literally ptsd
Literally
ah sounds like amazon for me, i cannot trade amazon
1 wick and it’ll stop u out
lol
he’s practicing setting sl and trailing stop loss for profit
cant do that with spx
Every time I see spx
Same here
Lost on that pos as well

And Tesla

it never fails no matter what setup how many confirmations mistakes are always made on amazon can't do it anymore
Yup
Spx with me now
And Tesla
TSLA is just as bad too though your right
And Amazon
theta = 8.0
All of em
delta 0.50
Can piss off

Qqq is king
you wanna talk about TSLA!?!?!?

uno reversed
Be up at open
WE GO GYM

That’s fire


Who gave you my port as an emote tf
i have a golden one

rugpulled lol


thats sick

Y’all need help

Y’all want to talk?

it’s gg
i found another algo strat w lux
i legit think this is 100% but 1 signal every 2 days sometimes 3
tested it today n went 100% return
Good morning guys
What ya got
Good morning
Do you find that there are less false signals on forex?
What success are you guys having using LuxAlgo?
The thing is, I'm finding it extremely confusing, it seems like there are dozens of indicators, as a newbie, there is no way for me to tell in which direction to go, how to start, which indicator actually works, and with what financial instrument to use/trade. Is someone kind enough to point me in the right direction? I would highly I appreciate it.
Reading our docs can help you learn everything about the indicators 🙂 https://docs.luxalgo.com/getting-started/what-is-lux-algo
I'm fairly new too but im doing my work to increase the odds. Keep in mind you are against normal retail traders and market makers even you are only seeing charts whatever pair you trade. I'd go over a checklist
- Back testing side by side with other scripts
- Trade set up, are you scalping, swing trading, time frame, money management, and source of leverage if you are doing such
- Winning percentage out of how many trades does this increase or decrease your pnl ratio
- How many hrs are committed in a day. In my view if you go over 4hrs it's not healthy
I can go on but it's about modifying and continous tweaking
market is confusing, mate, not the indicator.
like any other indicators, it offers you options by analysing past data. it cannot predict stocks will fall overnight, thus dragging all markets with them
if you understand that, you're on the right track
Answering question 4, I tend to use alerts so I am not at the Computer all day bleeding my eyes out.
also, it cannot predict an increased inflation or a low CPI, until they are calculated and shown to the public
so, yes, sometimes you must also DYOR
because economy is shite, and any bad news can kill trades
or accelerate/change trends
crypto is not for the faint hearted for sure 🙂
every time people see a small pump, the next comments are, each and every time: To the moon, Bitcoin to $40K blah blah
as if a bear cycle like the one we have since December last year can terminate with a pump from $29K to $33K
asses the overall picture of the market, look around, look for signs of revival
you will notice .... none
so, draw your trading plan accordingly
find what best suits you
in a ... bear market
andddddd people thought it might be 8.1% 
Luxalgo
You make this too easy
🤣 🤣 🤣
♥️♥️♥️
damn are u in the US ?
I wouldn’t say less false signals, probably. I feel that it doesn’t jump spastically for no reason most times. I feel like it moves slow enough that if price starts to move in opposite direction of your trade, it does give you that extra time to think and analyze what to do next. Most times with other instruments, like some crypto's, it goes spastic, I panic for a few seconds, and I have frozen fingers on my mouse, and either I’m in profit huge, or I’m seriously in a huge loss….😂
It's like Christmas day 💶 💶 💶
guys someone uses fpmarkets maybe? getting error "trade disabled"
Any Admin here at the moment? A little help is needed
how can we help? 🙂
PM plz🙏
Does anyone know if tokens-wallet.com is a valid website to trade?
sounds hella sus
Thought so
Never heard of it
Any nice movie on forex or day trading? Any good book on forex traders to recommend?
What is the best crypto to daytrade ?
The Big Short & The wolf of wallstreet
Hello guys 👋🏽 just got lux ALGO and was in here within 5 minutes , crazy fast
I have watched Wolf of Wall Street. I enjoyed it. Will watch the Big Short. Thanks for the recommendation. I enjoy Boiler Room, Glengarry Glen Ross and Blow. Nice movies on sales and money making.
Anyone here using lux algo to trade on bybit at a copy trader?
Are you the master trader or copier? If copier, be careful. You can lose a lot of money by copying. It's better to trade ourselves.
I have a small amount hedged as a copier, and also trade myself.
I was wondering whether anybody here was trading as a master trader.
Hello 👋 Some tips for 5 min trades? 😅😅
Hi 😊
Hi 👋
What is better? 30 min? I want do around 3 trades per day 😅
Scalper test 😅
Ok thx 👍
if you want to start your trading journey by setting up a fixed number of trades per day, you might be surprised of the outcomes 🙂
I suggest by setting up a different goal: as in never lose 3 consecutive trades per day
if you "manage" that, take the day off, don;t start a 4th one lol 🙂
I am looking back time... Some days on 5 min trades GALAUSDT... And on default settings have around 75% winning.. it's nice 👍
@upper widget ok 😅
When fortunes are made, when fortunes are lost.
time frame?
1m
Gold is really fun sometimes
Gold is performing great compared to Bitshit
most likely some crypto money in there as well
:)))
I wish i have bought crude oil started at 75 in january
Now price 120
I wonder how high it can go lol
any good pump and dump groups ?
not here, mate. honest traders around you. if you looking for that, you might've landed in the wrong group lol
lol :)))))))))
💀 🤣
If you're looking into lower timeframes I'd be careful of a couple of things. Make sure it's a low spread pair. Also, the spread on those pairs increases during off peak hours. You don't want to get into a trade and need 10 pips just to break even. I don't do 5m charts right now but if I was it would be EURUSD, AUDUSD, GBPUSD, and USDJPY.
Thank you 🙏
Anyone here codes in pine script?
What timeframe do you trade? Can you share more about your trade process and strategy?
Has anyone seen the YouTube live stream on BTC and ETH from luxalgo? Wondering why they have buy signals on 15min popping up whilst on my TV it hasn’t turned.
I’ve just noticed that the setting are on 6 & 32. Just can’t understand why those setting have been chosen. Can anyone help out?
They were just picked as they were clean for zoomed in scalpers
Okay thanks 🙂
was just looking at gold the other day with an old commodities buddy.. came up with a potential 4-5k target.. if things continue to go down the same path ...
Hello! Could I ask should I be using logarithmic scale or not when using lux algo (or does it not matter)?
It won't really matter however generally people use Log for higher timeframe analysis
I have the alerts turned on for the contrarian buy signals
although sometimes I get buy alerts, when they're not even showing on the chart
should I consider those "buy signals"?
For you gold guys gold pit open is 820 am 720 central
Oil pit open is 9am every morning to catch that move
Have they done settings on lux algo on oil or nq or es on the 5 min or higher time frame settings
I trade futures why I ask thanks
A BTC price time lapse on Lux Algo. https://youtu.be/2t8O5NHuhNs?t=35
sickkk vid @sharp ferry 🔥
Thank you!
ive just joined
Welcome 😎🤝
Thank you Lux. TSLA 5 minute
TSLA 15 minute
Predictive ranges still one of your best features
Lets get that 3500 on the SPX and have a rally. At this pace by this week end we could reach there. June 17 QW.
what's that called again in Trading view?
What settings do you use ?
Lux Algo
defaults
flat
headed right back to trend catcher
that's 649 to 665
and 5 minute TSLA
right back to Predictive Range and rejection for the moment
@empty solar if you guys every get rid of Predictive Ranges I want my lifetime membership money back 🙂
i wish I knew how to turn it on 😦
it's here
under Lux Algo SR & Patterns Premium
go to Predictive SR and select "Ranges" from the drop down menu
oh thank you 😄
TSLA rejection of trend catcher again on 15 minute
@empty solar i would like lux to design this kind of indicator
?
On tradingview data is very limited but we do have a volume footprint
Very similar effect
This indicator estimates a volume footprint using tick data. The script automatically separates a candle into equidistant intervals with a width obtained from the average true range or a user-given width.
Settings
Method: Interval width calculation method. This ultimately determines the number of intervals separating one candle.
Width (At the...
the end of crypto world 
maybe I should short some near before this Thursdays
i think it gonna loss at least 50%
and btc will go down to <10k
ayo nice u got hacked
Hello
Sure did!
I'm sure this question has been asked a million times, but here it is again. What are some of the best tools to use when trading with the Lux Algo suite?
Here is what I have been playing with so far
u honestly dont need much
!strategies
Find our full trading strategies playlist on YouTube: https://www.youtube.com/watch?v=xezy6WGpZ8Y&list=PLbqCXsOfrM3MjO7q7uIiwoVq3evI4neQr
New: How to find the best settings: https://www.youtube.com/watch?v=wkruvBBeXn8&t
Usability Tips: https://www.youtube.com/watch?v=5wtdY51crnc
Get instant access to use on any chart: https://luxalgo.com
i need only 2 things for my whole setup
What do you use? The RSI ad MACD indicators are MUCH more responsive than the free version on TV
Do you happen to know if there is an indicator for volume in orderbooks on crypto exchanges? I presume because you trade stocks probably not, but doesnt hurt to ask
um no sorry
all good 🙂
just remember just because you get a signal doesn’t mean you should trade it
filter your qualifications for that trade
you just use this 2 sir?
yes
for QQQ 5 min chart
actually 1 more, the daily optibot5 min TQQQ sensitivity for QQQ chart and my own sensitivity 10,21
Quan is on the right track 👍🏻
Don’t over complicate trading, there are many tools so pick ones that suit your personality.
I trade ES/NQ/CL on 1M charts, only take 3-5 trades a day in each, sometimes more, sometimes less, sometimes zero. If the setup doesn’t come then I wait

yessir
amen to that

@amber stream how do you read the trend tracer and trend catcher and how do you use them 'exactly', would love to learn your mindset. I am off the same thought too, to not overcomplicate the charts unnecessarily
Hello, just wondering if anyone has any recommendations on indicators to use with the breakout patterns?
yoo guys just got lux
Welcome Mr Obama 😎
so wit dat new add to the indicator the institutional activity. where can i find that?
"Legacy Oscillators & Statistics"- where can i find the institutional activity?
i wan be ur fren
lol
thats an advanced setup you got there 😎
unless market kills us first 😛 nice gear, mate
so many screens lol
No distractions
Can somebody explain how the institutional indicator works?
Hi 👋 can someone please explain me how optibot works?
New video with all methods explained: https://www.youtube.com/watch?v=wkruvBBeXn8&t
Here's a quick video on the multiple ways you can adjust signal settings within Lux Algo on TradingView and use Optibot within our Discord. Optibot is backtesting private data with our algorithm, while the auto-confirmation signal settings toggle is just an esti...
Which one? 🙂
Optibot5m 😇
See above ^
Ok ... I look 😇
The one from legacy oscillators and statistics
So that shows the % of the volume that seems to be coming from big money 🙂
tracer = longer term ema
for the multiple monitors what connection do you use , to achieve different screens ?
catcher = short term ema
when they’re the same color AND not flat line/parallel with each other = things should start going that way
Ahhhh ok thank u so much this might be a game changer
So if the volume is high on the institutional indicator does that mean it shows bigger waves?
It would for sure show this 😄
@rare junco treat tracer like a really strong support or resistance
many many thanks @amber stream 👍
it is sometimes so hard to know which one is tracer and which one is catcher, wish we could change their colours
settings-style
u can change them
their styles
go in Styles and change tracer into a cross
my tracer is a cross lol
Bitshit is ranging, as everybody is in a stand by situation. Feds decision tomorrow will settle the direction
as for overnight, probably the same as past few weeks
price going down
how down, I would say 20000
p.s. I'm UK (GMT) 🙂
if you still want to trade today, swing trades a solution when BTC moves between upper and lower bounds of the current range
Thank you
I see the range between 21750-23000 (plus/minus some)
You a homie Aker
if you ask me what I would do today, I'd say nothing. just waiting patiently 😛
for further intel and more directions, ask Quan. he can guide you on stocks, and those directly correlated with Bitshit lately
good luck
done thanks for this .. such a relief 🙂 🙂
@amber stream What are you thinking?
market going up would be a 20% rise in BTC, mate. a move from 20000 to 23000 is just a retracement
I know many think of markets going up or down from a leverage point of view, but that's not the correct approach
if you ask me, a trend reversal would be Bitshit to 40000
so yes, people have different views on what "market up" and "market down" means 😛
p.s. current state of traders' liquidations also says a lot about the state of the market:
it was 1Bn yesterday 😛
Th
Thx
How tf is Lux finding institutional high volume trades
Shalen's hypothesis magic 😉
you should not trade institutional activity and take it "as it is", because it is only a predictive model
but you can shape it to your strategy in identifying the strength of a trend
more institutional activity, more strength
but is is not saying how much institutions are buying or selling. that's hard to obtain data 🙂
btw, Admin, is there such a source available online? maybe a Data Warehouse or a Cloud
Would the dark pools be part of the activity ?
what site is it ?
coinglass
Is ETH/USD good for 5 min chart? Or what is your favorite? 🤔
What’s better Optibot or Autopilot?
!settings
Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
This page explains 🙂
@empty solar hi bro gecko
whats your recommended length for the pivot?
loved your recommended length for the pattern detection
it's perfect
lol how
WTI burnt my fingers
Right now its moving in my direction after hitting my SL
Same thing it did yesterday
😭
For which pivot 😉
trading equity or option
Us oil…. I think that is commodity
the one alongside the ultimate package
are u buying shares ?
or option trading lol
None of this you just mentioned
@mellow oyster has earned the Lux Level 1 role!
oh ok
well big tip, start small and grow it
dont go all in $800
it’ll take longer to grow at first but once it gets going, it’ll be fast
What timeframe do you trade forex with ?
i dont trade forex
guys if given a choice , which one u prefer ? LINK or ATOM?
how ?
Which one do you trade the most
Tbh i traded the wrong pair yesterday and today
Which is oil
Cut my down to $200 now
I am very sober right now
Energy drained
😩
Someone help me get my money back please
Trade with less and work on winning every trade. What has to happen for me to be right? When will that happen? Do I just need to wait for this to happen? What can I do and what alerts can you set to stop obsessing over candles.
I just wanna say that lux algo is amazing 😎
I just found my own strategy combined with lux algo indicators 😎
glad to hear it @hidden moss 🔥
Ahh ok thx for the clarification🙏🏽
That’s would be evolutionary to have data on hm institutions but n sell
Just got lux algo. Any specific things I should keep in my mind?
find the little gear at the top and play with the options and watch the videos
Welcome 🙂
- Dont follow the signals blindly
- Optimize settings
- Feel comfortable with your trading setup
- Dont risk more than 2% of your capital
- Read our docs https://docs.luxalgo.com
Learn how every aspect of our product suite works & get useful information about technical analysis.
Thanks @analog onyx . Will check it out
Does Lux have a super MCAD (like there is a super everything else)?
hi all , i got a question just got lux algo , 5 min 15 min sensitive is different for each asset i alway need to change if i go for anoter asset ?
thats not really good
that difference is what I trade on!
MACD? Yes we have the ultimate MACD in the oscillator toolkits, which has superior aspects to the regular MACD 🙂
perfect, I knew there was a sharper knife in the spoon drawer
why is that, mate? you expect all assets to behave the same?
if that's the case, maybe you're in the wrong market lol
one of the particulars and competitive advantages of Lux Algo is exactly the ability to have different settings for different coins, thus increasing chances of a good trade for each
however, there is an autopilot setting, but the tweaked versions for individual assets are much better
i mean about that i need to change if i look for an entry in 3 different assets then i jump back and forth and change it all the time any chacne to save ?
that's why you have different chart layouts, mate
you save one with specific settings for each coin you analyse or intend to trade
unless you want hundreds of them
in which case not even the most expensive subscription of Trading View can help much
thx
yw
How? 🤔
TSLA 15 minute, bounce off predictive range pivot to R1 predictive range
Small wins of 2% (with 5x)
i am now blindly

!strategies
Find our full trading strategies playlist on YouTube: https://www.youtube.com/watch?v=xezy6WGpZ8Y&list=PLbqCXsOfrM3MjO7q7uIiwoVq3evI4neQr
New: How to find the best settings: https://www.youtube.com/watch?v=wkruvBBeXn8&t
Usability Tips: https://www.youtube.com/watch?v=5wtdY51crnc
Get instant access to use on any chart: https://luxalgo.com
Anyone tried the new Nadaraya-Watson Envelop? I actually dont know if its new or not - but I love it
I really don’t know how to use that honestly… is it like bollinger bands??
This indicator builds upon the previously posted Nadaraya-Watson Estimator. Here we have created an envelope indicator based on kernel smoothing with integrated alerts from crosses between the price and envelope extremities. Unlike the Nadaraya-Watson Estimator, this indicator follows a contrarian methodology.
For more information on the Nadara...
I dont use it exclusively but use it to add confluence to my ideas
hi, in previous version. there is a pattern detection? has it been removed in v5.0?
yes it repaints @hushed tartan
so on bar close it will stick tho no?
This indicator builds upon the previously posted Nadaraya-Watson Estimator. Here we have created an envelope indicator based on kernel smoothing with integrated alerts from crosses between the price and envelope extremities. Unlike the Nadaraya-Watson Estimator, this indicator follows a contrarian methodology.
For more information on the Nadara...
different usability ^^ described in the post above
I find it pretty much confirmation
like 5 signals today all correct calls
following confirmation like
maybe a tad early
but spot on
I use the envelope as well! Be warned though, when something wants to run, the envelope won’t stop it from running lol. But yea, if something meets resistance above it, pretty common for it to fall back mid envelope.
Yea thats forsure!
💯
im impressed tho
I can find it especially good when trading sideways
never used this before - i believe its new the env
It’s a good tool to keep up for sure. I love it. I also use it as “alright, it’s near top of envelope, but I’m getting a buy signal. Do I really want to buy here?”
Pull up hypertrend too
Hypertrend and envelope work wel together
If it’s out of the envelope AND out of Lux hypertrend, I usually go for the reversal.
Okay, I promoted two Lux plugins. Where’s my discount code.
LOL where's mine!
And it’s taco Tuesday. No love.

Hello
Sir if I'm using 1 hour on downtrend crypto market then
Then I have to use 15 or 5 minute to short .
Guys in your opinion what are the best hours to start trading when there is high volatility?
Most people love the London and NY sessions, with NY usually have the highest volatility.
but why don't you test it yourself ? "learning and experimenting new things everyday"
Also, for the NY session people like to trade the power hours which are usually 9:30-10:30 AM est and 2:30-4:00 PM est.
you are damn right ❤️
Thanks guys ❤️
Hello
Thanks Lux. TSLA 15 minute
g'day 😄
❤️ The classsssic 😉
TSLA 5 minute
Hi
what do you guys think about crypto next 12h
Im loving the indicators already
have been backtesting nonstop since I got it about 12 hours ago ... and Im loving what I see
❤️ Welcome 😉
Thank you.
Let me just tell you guys, just the Oscillator alone is worth the price. I have a super simple strategy using just the oscillator and a candlestick pattern, and winrate is f*ckin GREAT
Glad to hear it 😉 Which mode are you using?
Pivot 😁
live test it lol
that was me before backtesting seems great
then it took me 6 weeks of live testing to have a very consistent and high winrate
Finally found consistency, but my problem is that I’m used to trading big lots like 50-100 lots for small moves but big profits in a matter of seconds, however, I found out my risk management on dat wasn’t good. So I completely lowered my lot sizes to 5 lots and have been consistent for long long time. But, I’m not making as big of profits as i used to make with 50-100 lots. So it feels kinda slow to me. Does anyone have any suggestions on how to not feel like im being held back from potential quick big profits?
slow and long run is the way
lol
its a marathon
not a race
people work 9-5 and have to wait 2 weeks or even a month for their paycheck
so trading “slow” compared to that is nothing lol
Tru
Thx man my psychology wants to gamble so hard rn but I just needed to reach out b4 I do that
🙏🏽🙏🏽🙏🏽🫡
that goes without saying
Don’t be afraid to share strategies man. We can all win together, props to @amber stream for helping people
Question about signals - if LuxAlgo sends me a sell signal, followed by an exit sell signal, does it ever send another sell signal after that? I'm looking at charts and I never see that happening and I don't understand why. For example, imagine a chart that goes straight down, then crabs for a while, then goes straight down again, I'd expect: sell, exit sell, sell, but LuxAlgo instead sends: sell, exit sell, nothing...
Did I misunderstand or what do ya'all think?
what time frame are you using and what's your length setting on the pivot oscillator?
It will only go buy sell buy sell 🤝
You can find entries on lower timeframes
To find more entries
so if I get an exit sell, how do I know to sell / short again? By looking at the algorithm's confidence via the color of the candles / on the bottom-right corner?
like if it sends an exit sell, but then the asset goes down again, the confidence of the algorithm will increase and the colors will change from purple to red
so I sell / short again
right?
what's your strategy...the same one your using that Quan suggested?
I'm curious
i dont think i should be well known lol
it’s only known in stock chat 🤣🤣
No, I don't even know his strategy, this is something I just developed and still in rough draft
ill have to do more backtest and might share it later
The thing is we just provide indicator toolkits so it's not a matter of "how do I know" it's more a case of you analysing a chart. Maybe see my latest video on gecko trading for reentry methods 🙂
do you happen to have a link?
Here's my channel 🙂
cool thanks
I'm wondering if anyone is executing the following strategy, or what are people's thoughts: use LuxAlgo buy/sell/exit signals on the daily on assets like BTC/Eth to either buy, short, or close a position (without leverage), and to keep the positions open long term. It's basically HODLing but either on the up if you get a buy signal, or via a short if you get a sell signal. Using this strategy you'd have a position open almost the entire year.
that is for someone that is not interested in short time frames / daytrading / scalping, just long term investing
well, if you guys are interested, I will share my strat later, maybe after a few days. But so far, this thing is KICKING ASSES !
Im using it on 5m TF and the lowest setting, 5
damn, I have never thought of going the swing trade route, especially the long long term like you describe. My thing is quick in and out, make money within the day and be done within a few hours. My little heart can't stand the pressure of leaving trades open for that long.
I was thinking of using LuxAlgo signals to take the emotion out of it. Think like a bot. If you get a signal, make the trade. Otherwise, forget you have the positions open.
Actually automating it using TradingView/LuxAlgo + KuCoin API is a possibility
Hey strix what broker do you use for your day trading ?
actually not a bad idea. But then again, I'm more of a scalper. I want quick return and then get to use that money I make. the 1m, 3m, and 5m TFs are my babes.
Right now ICMarkets, I use the cTrader platform
thanks...please do share once you have backtested some more.. 🙂
HI all, i'm a swing trader so i''m a big fan of the 1D chart however, since purchasing the Lux i'm looking to expand my trading to intra day. Anyone got any suggestions on what TF to start on with Lux. I trade Forex. thanks
i use 5 min and 1 min
5m man, good one to start
ok, will take a look. are you using just the premium with signals or the oscillator as well?
Guess what,me too 😎
Good for you man.
Lux Algo works amazing and patience is the most important thing
y’all 💀💀💀
I've just attached the oscillator to the chart and I'm blown away how accurate it looks.
take a look at the Ultimate RSI man. Holy hell that thing catches divergences like there's no tomorrow
i will shortly. ive just got the indicator so im playing around with the premium and oscillator. im a swing trader but im looking to try my hand at day trading so any suggestions are most welcome
I use Ultimate Stochastic and works like a charm 😎
is this the Pivot on 5min with 5 level, correct?
thats what I've been looking at and the ultimate MACD 🙂 im going to add the ultimate MACD to my own swing trading strategy 🙂
omg...talk about overwhelmed by all the options anyone use any of the indicator overlays?
trying to put together a day trading strategy using the indicators. just need to work out the best tf & indicators to use,, so not a lot to do 🙂
thank you. I'm used to swing trading so trading the daily TF is easy lol
i rly want know how the candle gradient works, like based on what data will it get more bullish or bearish
For the confirmation gradient it will be based on the confirmation signal algorithm, for the contrarian it will be based on the contrarian signal algorithm 🙂
🙃 is there really no chance to get just a bit deeper understanding.... just a little bit
im working with indicators and strategies for few years now and im always very interested on how things work
based on what data indicator works yk
curiosity 😅
ofc 🙂 But it would be hard to tell more without giving away everything. We can say however that the underlying signal algorithm is based on fractal analysis
on your chart 🤭
Which is the indicator that gave this buy and sell signals ?
the premium one
How to setup the indicators on TradingView: https://docs.luxalgo.com/getting-started/setup-tradingview
TradingView.com --> Chart --> Indicators --> Invite-only scripts
Premium with reversal zones and the legacy oscillator. I don’t really pay attention that much to the signals unless I’m swing trading.
wym by legacy ocillator
it was the previous name of the current ultimate stochastic
it make any difference using different type of candle on chart, signal work with which kind of candle best ?
Does anyone have any 15min-1hr settings for EUR/usd or anything? My charts look crazy with buy sell strong buy etc…
What’s the best timeframe to look at for investing long term
Hey LUX .. 🤩 thank you for the video on YouTube about using MACD with LUX Algo premium for 5 min Scalping now .. finally someone really showed it to me and it's great 👍👍 help a lot
hi guys quick question. which indicator is the easiest to use for crypto? and what does blue x,. red x and blue circle mean?
Morning All.
I purchased Lux Algo yesterday and been looking through the tools etc to see if I can find a strategy to trade on the 15min or 1h TF
I'm generally a swing trader in Forex, using the 1D chart. I'm happy with my current strategy but I'm now looking to expand my trading to intra day, and thought Lux Algo would be able to assist me
I'm looking to trade the 15min or 1h time frame and wondered if anyone could point me in the right direction to finding a strategy that will work well on the 15m or 1H timeframe using Lux Algo. I've seen all the documents and videos and I'm left feeling overwhelmed, so any help to clear the fog would be most appreciated! 🙂
Thanks for your time
The 'x' mean exit.
Thanks mate. What are the circles then? I see many blue circles
thats you clicking on the candles on the chart. just click anyone else on the chart, any free space and they will disappear!
how does the institutional on legacy work? you can see when big money is deploying money?
eg this on eth 5m is showing that institutions are buygin in droves on this dip?
or sorry, that its -heating up- ?
Has anyone try to use lux alerts in pine script?
Advice: Don't follow the signals blindly, experiment with the indicators and find the most suitable one,use your favorite timeframe and start practicing till you get your own strategy, and stick to it.
God bless you all ❤️
Exquisite advice 😎
😎
When looking at forex pairs to trade, I often sort my list in TV with Volume and trade those at the top first. I am thinking now if it's better to sort via Change % instead? Any advice? My rationale is more volume or change % means more movement and opportunities. I may be wrong.
i just sort mine in regards to major's, minors and commodity pairs, then when I'm looking for a trade idea i start with the majors and work down!
HI All,
Collaboration - Anyone Interested?
I very recently purchased Lux Algo and hope to expand my trading from my usual swing strategy, to include some day trading as well
The 1m & 5m are not for me, so I'm looking to create a solid strategy for either the 15m or 1h time frame.
If anyone is looking to do the same, would you be interested in collaborating to create a solid workable strategy using Lux Algo indicators?
If so, please DM me, and lets talk strategy!
what kind of collaboration are you thinking of ?? Kindda weird since I can't think of any
the idea is to work on creating a strategy, thats all. thought it would be cool to involve others i creating something using Lux
@empty solar hi bro gecko pls check your dm again 😅😅
I sent you a dm…
@empty solar dm againnn i need confirmation sorryyyyy
My oscillators are gone from my favorite menu
And I can’t find them when I search
Never mind found it, thanks
What’s the upcoming most requested feature
free money feature
ofc what else
customisable alerts for the hint?
check out the hint in #🔊announcements

yeah looks like something to do with alerts
anyone know what the hint means on #🔊announcements
@analog onyx @empty solar @median gust @thin trail hi guys so sorry for being the noisy one here but as fan of lux
With so many indicators coming out one after another by lux
I know it’s a matter of preference
To each his own
But I’m very curious
What would you admins consider to be the peak indicator for lux algo?
n' peak settings
I’m not looking for perfection
Im just curious as surely there must be a few all rounder indicator
Sorry to bother you guys like that
Learn them all inside out!!!
Yeah definitely I’m a big fan of lux but I’m just curious about the admins opinion
Hahaha
All of them have potential, I dont think we can pinpoint to the best one. They can all fit a potential trading style, in the end users have different preferences 🙂 I personally like reversal zones and the ultimate MACD a lot, as well as the predictive ranges. Hope this helps
Yes it does!! You all and gecko especially I love you guys
Thank you for lux algo
Told you so 🤣 🤣 🤣
5 years in crypto helps 🤣 💯
Well add a 8 month
lol thought i was the only one
anybody trade successfully while listening to music? or will it affect my psychology?
Tradingview actually released a spotify playlist that supposedly boosted your capacity to trade "better", they did it with a psychologist apparently
I think it was that one, they made an announcement long ago https://open.spotify.com/playlist/3PyeD6FTUeMpHxlVno4ruO?si=129b570d1a5a4198
thank you im listening to it rn, sound like peaceful chill songs
@analog onyxdo u trade with music?
Everything is automated so no, but listening to music while coding can make it less painful sometimes 😉
Gotta keep fresh to make those Lux indicators 💪
coding on L
click on the candle where you want to set the X time point location of the XABCD pattern
Thanks
I listen to music while driving, whilst trading, does that count 😆
i’ve been advised not to trade & drive before myself @sharp pendant
That’s why there’s 0 on the Speedo. Can’t concentrate on doing 2 things at once 😆
That would depend on your trading style, whether you want to follow or go against trends, most features can be used to open positions based on a wide variety of conditions, see https://docs.luxalgo.com/getting-started/popular-strategies/ for some ideas 🙂
I'm not an admin but I've been here for some time and the best feature are the Predictive Ranges
easy short on TSLA this morning when price couldn't break above 5 minute predictive range
No it doesn’t count
Why don’t h just hold Tesla for 10 years it will most likely be blown up by then
New update looks good anyone used it today yet
Longing Tesla rn is not a good idea.
Expecially since ford's new electric car commercials are literally talking shit about elon
Also he just announced he's voting republican when most of the people that actually buy his cars are democrats. Down only.
Hey guys, I'm Habibi, just wanted to drop some notes I wrote on FOMC day yesterday and share with everyone here since I used lux to DD how the market makers made the move.
6/15 FOMC observation notes:
- looool fuck the market makers. Also, I got the first call right, didnt play the rest. oof! Good thing that was my first ever attempt and we got the overall picture right before it happened. calls. but it was actually both if we're looking at actionable setups.
- by 11am be out of ANY morning play, they start consolidation
- the consolidation went on until 1:50pm. At which point the candles dipped into the bottom LUX reversal cloud and started signaling a buy signal using 10/21 settings
- wave trend oscillator had a blue line cross above a red line at the same exact minute candle as the strong label above
- at 2pm, it shot up, deep into red cloud. Was a good idea to sell per cloud idea.
- drop shortly after to $373 (the first branch" A" fake out of the W that was about to form. this went
- into second reversal cloud zone,
- below neo cloud,
- macD all under plot line, and red
- contrarian green
- an exact 10mins later, they retraced UP to 50% of that drop and started a consolidation to form the B section of the W. Lasted an exact 5 candles. 6th candle broke down to create the C branch of the W
- the C point was 25mins later and lower than the first mega drop of 373's and went to 372's and almost 372.00
- Took another 10mins to peak and form the top of the W
- lux label came on
- macd crossed back up
- wave trend was already crossed up above red line a candle or two ago
- jalapeno signaled the move
- it went into second half of reversal cloud
- retraced 50% after the peak again to consolidate again for 30mins
- exited neo cloud
- label came in as well and went on to create a third trident spike facing 2pm.
- peak A formed a trident that you could say was a clock hand facing creating a "10am" hand.
- peak B was"12pm" hand
- peak C was "2pm" (final peak) of FOMC day
- 5 step FOMC play +1 put burn of the day to validate the bad news.
- In this case, the bad news was the final sentiment play.
- Overall, they ran that shit from 372 to highs of 384's. Actionable if played right. Reversal clouds and neo clouds will be major for FOMC days.
- Rates Hiked 75bps = technically bad news. dipped just before the rip, dipped, rip
- Final peak was red hot contrarian candle but not touching red reversal cloud.
- Final 30mins put play. atm strike or +1 were best for safety for sure.
sidenote: every lux label part of the fomc play was correct
LUX = TITS
Should I get a Tesla
Do u care about gas prices
@thin trail can u tell me ur life story
Yeah I hate paying for gas it’s like 70$ a tank
podcast soon
Then yes buy a Tesla or get a Rivian
rivian
🤣🤣🤣
pretentious IPO asf
🤣🤣
delusional i mean
rivian IPO at $170 or some shit like $100+
now currently at $26

Crazy 👀 118k people in this server
and not a single cutie
yea lolz, has blown up recently
probably 30k bots tho 🤣 can’t avoid it
this new update works so well on 1m, this is my best trading day
I’m getting guys selling some shit crypto pumps from this server lol

All the time
yea best to turn dms off for the server
can’t avoid them, it’s a discord problem
hmmmm the Predictive Ranges, not bad, not bad at all 👍
???? wtf i checked last it was 50k
someone(people?) really must be targeting this server 
guys am i doing this trading thing right


you should either use less leverage or use a stop loss
tighter stop loss*
i always use 20x and it usually ends well
i was just too lazy on this noe
LOL
no tp no sl
🔥
what does "MTS" mean?
aaah thx 🙂
And "URSI Signal"?
Also may you explain the arrows we can see in the screenshot? 😂
EXACTLY MY THOUGHT LMFAOOOOOOOOO
not even mad at the $ loss
just mad at the TRX loss
😭
nah u actually can
trx is being artificially pumped
its to help keep their stable coin pegged
so yeah if u decide to short trx just be careful and setup your sl's carefully

H guys
Hi guys
@empty solar again sorry
May I know what’s your preferred sensitivity for the breakout zones?
May I ask whats the dotted plus thing?
Sensitivity for breakout zones?
Yep
Ah yes
For which I normally recommend 5
Default values are recommended in general. We set them as default
Because we believe they are a good value
Ah Ic understood
I was sort of rereading the strategies
And they said to put higher to avoid redundant breakouts
So I wasn’t sure
But now I do
Once again thank you lord @empty solar
morning cryptobros
ngl i fell asleep last night and dont rmember setting my order but apparently i got a decent fill
tbh this is probably from the far rleft peak lmao and i just left it all night but at least i didnt wake up liq for passing out while trading hahahhaa
Why do I get so many sell in a strong trend?
not set up right
looks like you have the setting on scalping ?
bad tf for what you are looking to do maybe
and lower TF with scalp mode
not suppose to take these signals blindly
go to crypto chat and read up
whats TF?
turn on neo cloud or hyper trend and trend tracer/tracker and see the signals ging in that direction
im 3 days into owning lux and reviewing the different ways to look at the charts
can i ask what TF are you using and have you set it to auto pilot?
3 days? gotta long way to go to be honest
takes time
trial and error
in finding your own way
you cant just install and then trade the signals blindly
Would you guys rather use a 3m & 5m chart to confirm when trading on a 1m or 5m & 10m
some people takes weeks, months or years to finally find their own way
trade on the chart you are on and dont countertrade the bigger tf
show me your setup / what you are looking at
im using 5m cme to really verify the direction tbf
65mbtc confirms a downtrend today
I don't like trading anything smaller than 15m. The 1H is preferable
i bet we hit 16k within 48hr
hope so
i wanna see $10k then ill take out 2nd mortgage and back up the truck
I dont counter trend i confirm my trends on higher tf bc the higher the more reliable
Do you scalp on the 1H chart 😳
if the higher TF are ore reliable, which they are why trade on the 5min, why not trade the higher TF
Bc less positions and they last longer i like intraday
lol...god no!
im not a fan of scalping. I do it now and again but i will do it on the 15m TF
I like trend trading and LOVE swing trading, thats where my profit is 🙂
the issue i see with scalping on the lower TF like 1m, 5m is newbie traders overtrade, try to make up losses and end up in all sorts of trouble
Quality over quantity 🤌🏻
the more trades you place in the market the more more likely you are to have losses.
agreed!!!
I have to contact mod propldy don't understand this, maybe refund in place for me
Wym by not understanding this
try finding a nice solid strategy on something like 15m TF or 1H that way you can place the trade with a TP & SL and walk away and let it do its thing
Oh i can do that on a 1min chart too 🤣🤷🏻♂️
But i get ur point
lol...sorry if you enjoy 1m and can make money at it then fantastic!
I deal with scalping for almost a year now but maybe im gonna take a look at swing trading ig
i LOVE swing..
Still backtesting
Breakout trading is very nice too imo
Another way I like to use Predictive Ranges is to use 3 minute Heikin Ashi candles and wait for a indecision candle to appear, either a doji or spinning top, and look at where price is at on Predictive Range, where in this case is at resistance. Easy short
only thing i will tell you is to keep it simple when your looking at a 1D chart, you dont need lots of complicated indis and sh*t just K.I.S.S (keep it simple stupid) and you will see just how easy and profitable it can be 🙂
I like breakouts but its getting to weed out the false breaks that is the issue!
with swing you don't have that issue because your SL is wide enough to cope with it 🙂
I think it is better to play a false break than a breakout
if you don't know its false, how can you trade it?
pretty much like this
if something breaks I like to wait for a retest to hold support or resistance
hello, a question about the "Nadaraya Watson Estimator [LUX]"
how can I create an alert related to this indicator in trandinview?
it doesn't work as it does work for the other LUX indicators... if I right click on the indicator on the chart there's no option to add alert/s.
Kind of surprised that with all the indicators and potential for 'rules based' algo trading, there is no way to combine and automate indicators.... to allow for algo trading. LuxAlgo still seems very heavily reliant upon human intervention, even though such is based on a prescribed set of rules.
Would be nice to see a way of automating strategy rules which work across the various indicators
Yeah... get that but you miss the point
We’re working on automation content & such currently, however ^ we are big believers in discretionary trading opposed to automation for the most part
Correct, you cant take signals blindly, each trader has different trading personalities, and an auto trader is not a one size fits all, I wish they were, but its not unfortunately. And most if not all auto trading programs fail sooner or later
Rules based can be discretionary, just the suite of indicators fall way short of allowing automation
but this is not an automation group or indicators
Since they are disconnected
wrong group
Understood, but it would IMHO be more powerful if it was
Any suggestuon for th right group
not in my opinion, and everyone is different
howdy CJ. you can code your own algorithm, mate
LOL, the hostility begins
Never mind
use all tools, webhooks to send any shit, and work some nice ideas
My exact reason i subscribed it
I got two questions about the "Nadaraya Watson Estimator [LUX]" above, and no attempt to get an answer. is this the wrong group to ask about this indicator?
what was your question then?
who said hostility, I said howdy CJ
- hello, a question about the "Nadaraya Watson Estimator [LUX]"
how can I create an alert related to this indicator in trandinview?
it doesn't work as it does work for the other LUX indicators... if I right click on the indicator on the chart there's no option to add alert/s. - hello, a question about the "Nadaraya Watson Anvelop [LUX]" it seems is broken? I added it to my charts and it doesn't show anything
his question is genuine and smart, but only Admin can respond
If trading was that ez everyone would do it and it wont be an meaningful skill and the overall prices would be extreme high bc everyone makes big sums
And it’s a very big understanding to grasp, our approach with indicators - requires experience and knowing that it’s impossible to truly create something that “works” but what we have is still of the best of the best quality. It’s just our approach & what we believe in
defining “works” as literally prints money… it just doesn’t exist. However, yes - automation is a real thing and requires rules & can be done in healthy ways, so we’re working on more conten regarding it & how to use 3commas in depth with Lux Algo.
gotta learn and study, not easy.
what would you use it for?
Your answer..code your own Algo. There are some of the best programmers and a team putting effort into Lux - you think this can be replicated... code your own algo - get real. So that is a hostile glib response. You really think the way forward is to study the list of rules... Lux Algo Oscillator says x, trend tracer says y, yes enter trade. All of this can be automated according to discretionary rules.
Its open src you can copy the code and add alert code to it
Asking questions is great, even the algo question, but asking it, in a tone that your way is the only way, then thats not cool
i appreciate the kind words about Lux ❤️ but ahhh Aker was definitely making a little joke, all cool here i think
This chat getting pretty salty rn
that's because you are not familiar with previous discussions, mate. most likely new around here. by coding it means use Lux to send data through webhooks, and on a 3rd party, developed by you or somebody else, you combine all into a strategy
🤣
some of us are doing it or in progress of completing it
example: a Lux strategy can be easily achieved automatically by using an existing third party and 3 alerts
Forget I asked the question.
Not new around here, but hostile.... yes
you only send 3 different alerts
Wow what’s going on here
and at the 3rd party level you say send one when all 3 are true
Mates if the code is open src you can copy it and add alert codelines to it
thus achieving what you want
finally, somebody who understands why you cannot achieve that with a paid indicator 😛
ANY paid indicator
the moment you access the code, is no longer paid lol
Are we still talking about indicators not being precise or are we discussing on developing LUX 2.0?
who wants to post charts so we can chat about something else 🤣
Stocks chat group is also very active on a similar topic with Quan lol
triple Q is sort of an Aker of stocks 😛
BTC bottom of that bear period it ~19k imo
Keep Calm with @amber stream
@ocean lodgelooks like it is showing up on my chart
it's the green and red dotted lines
please recall that NW indicator does repaint
hmmm what am I doing wrong?...
show me your chart
my man 🙂
My iphone is dimmed af rn bc its 30*C with no wind and the sun absolutely melts us 🤣
I can barely see the screen 😅
I have a vent in my jeep I point to my phone for that.
show us pics of your surrounding, if not, then fake news😂 Just Joking
outside?
tf is outside
ew
imagine not being surrounded on all sides by our digital overlords
how discomfiting
Im sitting in fkn hot bus omw home and it stinks of weed and sweat 😖
The best place to trade😍 vacation in estonia
beautiful
hey guys i have a quick question
what does the x mean
oh there are also circles
potential TP, potential exit, potential entry depending on your strategy. Potentials areas to keep aware of.....
circles are TV visual alerts that you clicked on an indicator on the chart and it highlights that indicator with circles. just click somewhere else on the chart and they go away
oooh. ty ty. just got lux algo lol
oooh okay
yeah, those circles annoy me...LOL
yeah
Its pretty good
@old crow has earned the Lux Level 3 role!
Actually I do forex
hhmmmmm, maybe 🤪
you will never regret the best paid indicator and team so far. 👍
hey @analog onyx
i cannot Alert Oscillator Pivot HL/LH ect
is this intended?
wanted to slap a Buy or Sell through 3c on it for opening
it would be possible setting an alert using the "greater than" condition for high's and "lower than" condition for low's, note however that the pivot oscillator is displayed using an offset in the past, as such you would not be alerted at the location the labels appear but later, we dont recommend using the pivot oscillator to this end.
Enjoy your vacation.
Thanks man😎 been amazing trip so far
You guys use predective ranges as a trend trading tool or contrarian? I have been trying to fit that tool into my strategy lately but i see that almost everytime my strategy tells me to buy, the price is near res/sup? How do i tweak this thing, should i increase the value from 5?
Absolutely you could do to make those ranges further apart
blue is exit long, orange exit short. basic uses for it.
Looks good. But the only issue i have with S&R is its subjective. give 5 people a chart and tell them to plot S&R and i bet they will be different. Now do the same with Pivot Points and they will be the same as they are universal and not open to interpretation. I'm not saying S&R does not work but PP work better and more accurate in my opinion!
thats because 5 people have no frame of reference











