💬hangout

[empty solar]

Could work

As an alert ideally

[empty solar]

This chart would have made a lot no?

[atomic dove]

What would be ideal stoploss and take profit for scalping?

As of now I'm going 2:1

[empty solar]

That's a pretty decent RR honestly

But that above chart looks good no?

[frozen shell]

What stock do you trade?

[atomic dove]

Yes but I'm not sure about the entry

Futures crypto

Perpetuals

[frozen shell]

Any specific ones?

[atomic dove]

Gmt

[frozen shell]

I would stay away from crypto unless you can short it

Where I live I can only buy

[upper widget]

I was looking at the bloody docs on TV website, and noticed this:

so wondered if and how can I use plotcandle to return the bloody color

of the candle, of course

[atomic dove]

Yea I can take both short and long..

[frozen shell]

If you can trade qqq I would highly suggest trying the @amber stream method

It’s a 5 minute timeframe (I think it works on 15 too)

You set your trend tracer and trend catcher on

Wait for a strong buy or sell signal

[atomic dove]

My thing is I'm following the trends crossover and dashboard before entering and yet i loose idk why

[frozen shell]

If all 3 are red or green and not moving flat you can jump in on the 2nd candle close

Your stop loss would be the bottom of first candle

[upper widget]

pretty sure you lose because you don;t wait enough, mate

or because you place a wrong SL

[frozen shell]

It’s 70+% win rate

[upper widget]

can;t see another reason to have your trade closed in a loss

[frozen shell]

This is a mental stop loss and if you use a actual stop loss keep moving it up as your stock moves up

[upper widget]

most beginners lose tens and hundreds of trades because they just don;t have enough patience

[atomic dove]

Okay I'll try that thanks

[upper widget]

and/or think that the more they trade, the more they will win. hence why using the SL in a wrong manner

[frozen shell]

According to @amber stream don’t worry about your dolllar amount worry about the percentage gain and it will add up

And save your portfolio don’t let your trades be red

So cut losses early

[frozen shell]

I still struggle with this

[atomic dove]

I'm not losing my patience here..my sl keeps hitting me that's why .

[upper widget]

it's how you debug everything, mate

[tender lagoon]

Sorry guys, I missed the QQQ's strategy, can you please post it here again

[upper widget]

if SL is the one closing your trades all the time, start by going back there and have another look

[frozen shell]

The banks will search for stop losses

[upper widget]

play with trades history

[frozen shell]

That’s why you need to place a mental one in the beginning

[upper widget]

see what happened if you would've placed the SL lower

etc, etc

[frozen shell]

And change your order once you in profit

[upper widget]

and even if in that case you would've still lost, then it's obviously the entry strategy

debugging, debugging ,lmao

[atomic dove]

Okok I'll look at that thanks

[winter widget]

@atomic dove has earned the Lux Level 1 role!

<@!692433083345141871> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[frozen shell]

Just scroll up a little it’s right there

[atomic dove]

How can I spot the long trades?

[frozen shell]

Btw the qqq strategy is used on qqq and spy I don’t know if it works on other stocks

And you would use tqqq opti bot settings and double check with 10/21 opti bot settings

[frozen shell]

When optibot is very high there might be a large move

But it doesn’t necessarily mean a move up

[atomic dove]

Okok can be 50/50 right?

What I will do is take a trade today?

[frozen shell]

The other day there was a short position that moved like 10%

[atomic dove]

And will see if this works

[frozen shell]

Then the rest of the week was up and down

[atomic dove]

Okok

Purple candle means consolidation right?

Or a signal is active?

[frozen shell]

You don’t buy in on purple

Only green or red

[atomic dove]

Yea for all these trades i avoided that

[frozen shell]

I would recommend trading something that has an optibot setting

And double checking it with 10/21

[atomic dove]

And even I never got into a trade when it's again the trend too

Okok where can I find that optibot settings?

[frozen shell]

It’s in the discord

They have them for different timeframe and update daily

[atomic dove]

Okok

But it shows for usd

[ocean parcel]

@frozen shell u there?

[atomic dove]

Can I use for the perpetuals which I'm using?

[frozen shell]

Yeah

[ocean parcel]

can you add me pls , got some questions about SL -.- , i know to trade but this scalping is making me crazy

[frozen shell]

I’m not the best with stop losses

[rare junco]

pls ask here mate, will benefit all of us

[frozen shell]

Struggling with that myself lol

[ocean parcel]

ok

90% of my days are in profit and i am a experienced trader , but i tryd scalping and this shit is fucking my brain - i put my SL over the last positiv or negativ candles, but mostly i got fucked and my SL got triggerd from fucking random wiggs....

lemme show u

[cinder quest]

Use ATR bands as SL, if you dont know or in geenral put 1 % as SL

[ocean parcel]

dont find the trade from last night haha , but where the fuck should i put my SL - i dont want to put a stop lose that is higher then my trade like : tk is 0.8% and my SL will be 1.0%

i cant confirm it with my brain that the SL is higher then my TK

[cinder quest]

why you have TP 0.8% ?

any reason

[ocean parcel]

it was just an example

when i trade chart pattern and the trend i dont have the problems

i only need a simple explanation about putting perfect SL

[cinder quest]

scalping is also same, we trade chart pattern too

you need a strategy for the scalp firts, then you can build SL and TP on it

It cannot be random

[ocean parcel]

yes, thats the problem

i hate it when i dont know what to do with my SL

feels like a noob

[rare junco]

can you share a screenshot?

[ocean parcel]

sure - 1 second

[cinder quest]

Far a scalp - Shorting - Go with RSI crossing 60 down- Confirmation of the bearish Engulfing candle. Put SL to the previous bearish candle or swing high. and TP generally is 2 % of the SL

[rare junco]

how do you do that mate?

[ocean parcel]

yes i do it all

[cinder quest]

upload the ATR band indicator on the chart, it will ne like BB bands. The upper band will be use as SL, when shorting and the lower band will be used as SL , when longing.

Easy stuff, not so difficult, you need some experience on it.

[ocean parcel]

i know how to trade - the only problem is where to put my SL in scalping

wanted to learn a new strat

[drowsy bridge]

@cinder quest how did your web hooks go?

[ocean parcel]

yes okay - thats what i needed ❤️

[cinder quest]

See this - White Line SL and Red line is entry of the trade

first of all for scalping, never use HA candles

[ocean parcel]

yes i did that - but got rect 5 times 😄 - was tilted after it

[cinder quest]

Struggling bro, no clear information is there

[ocean parcel]

lost 500$ - but i get them back after i did my old way 😄

[cinder quest]

get out of HA candles, this is the problem.

[ocean parcel]

k

cant see the real candles with HA - indeed

found the mistake

[cinder quest]

or use break out zone from Lux algo S and R - to enter the scalp

[ocean parcel]

-Clap myslef-

thx @cinder quest

[cinder quest]

Ha candles are nice to see the trend. however you cant scalp on it

[ocean parcel]

ye mostly i trade the trand and forget to switch the candles when i swaped to scalping

[ocean parcel]

indeed

[cinder quest]

HA candles are slow to react, once you are thinking slow, you cant ride the metero train

Metro*

Think and react fast for scalping. in and out 03 0r 05 mins, with high leverage

[ocean parcel]

thats why i trade like this

FTX normal candles - tradingview HA candles

[cinder quest]

this is again a problem, you will be influenced by the HA candles and your indicator too, anyways you are free to use. I would not use it.

[ocean parcel]

kinda true, but i wont care about the HA candles , focused on FTX candles to find perfect entry

[cinder quest]

anyways indicators are lagging and if you put HA candles, indicators become more lagging. you decide what is your preference to scalp.

[ocean parcel]

when i scalp i will change the HA to normal candles - that was my problem ye - find the problem and solved it thx

[cinder quest]

good, all the best.

[ocean parcel]

thx m8

[cinder quest]

Welcome

[ocean parcel]

is the setting ok for 5min frame? signals sens 12?

[atomic dove]

Is there any optibot settings for perpetual futures ?

Under 15 mins timeframe?

Cause I can only see USD under the settings there.

[empty solar]

They can be used there too

[atomic dove]

Can I use the usd settings for perpetual futures too?

And I have an other doubt can I use the tp / sl option which is in the indicator and what will the ideal setting for it..? I mean for scalping..

[empty solar]

You can use them 🤝

And it really depends on your risk and how you trade

It's really hard to say

Maybe 3 or 4?

[native rampart]

Change the HA to real time price on TV under settings

@cinder quest

[cinder quest]

Change the candles bro. dont go in setting

[ocean parcel]

we had the same discussion 30 min ago - scroll to the top )

[atomic dove]

Thanks much✌️

[native rampart]

settings is where you can change to real price. Atleast thats how i did it.

@empty solar Alex, the dashboard only shows the Opitmal sensitivity value, what to input for agility ?

[empty solar]

You can leave agility 👍

It's not needed unless using optibot

[native rampart]

Okay thanks Alex @empty solar

[old sequoia]

After entering a trade with the sensitivity in manual mode, if before closing the operation the sensitivity changes, what should be done? Change it or wait to close the operation?

[empty solar]

I would suggest changing it 👍

[frozen shell]

What is default for agility is using the optimal sensitivity

[empty solar]

So that's calculated based off the agility setting

So it uses what it's set to

[frozen shell]

Meaning if I change the agility the optimal sensitivity will change as well?

[empty solar]

It will do yep

[old sequoia]

So let's see if I have understood it correctly, once a trade is opened, do I have to adjust the sensitivity before closing the operation?

[atomic dove]

Can anyone tell me how to backtest optibot?

[empty solar]

This is a valid approach yep

[empty solar]

You cannot really; it's results produced for you

[atomic dove]

Okay but I heard like yu can double check it with 10/21 so how to do that?

[empty solar]

Double check what?

[atomic dove]

Optibot

I thought like getting into longer trades for longer margins

[empty solar]

You can't really double check it

It just provides fresh settings to use daily

[atomic dove]

So for how long this optibot works? Till the next day update?

[empty solar]

Correct 👍

[atomic dove]

So is there any way that I could spot the longer trades using the optibot settings?

Like what happens if the sensitivity is below 20 and above 20 ?

Is it any kind indication for longer/shorter trades?

[sand panther]

hi all! brand spanking new here 😄

[empty solar]

If those are the settings it gives those are the best for the given day most of the time

[empty solar]

Welcome aboard 😎

[atomic dove]

Okay thanks

[hushed tartan]

https://tenor.com/view/omg-oh-my-oh-my-god-oh-my-gosh-oh-my-goodness-gif-21532976

[sand panther]

thanks! Already got more or less sorted 😄

[sand panther]

ps: already got the monthly cost back XD

[empty solar]

Speedy 😉

[sand panther]

Trusted with all my guts, 1 lot, ez 120$ profit ✅

[old crow]

Here's something funny, when a new trial Lux member DM me, and asks me whats a good service, LuxAlgo or another 3rd party indicator, and I said LuxAlgo would be best, and they respond they find that LuxAlgo doesnt offer much and he may look at the other option.....what would you think my response would be? I said, THEN THERES YOUR ANSWER, DONT ASK ME ANYTHING THEN BYE (BLOCKED!!!!!!!!!)

[empty solar]

Sometimes people DM me asking if Lux is "any good"

That's my favourite

[ocean parcel]

@empty solar do you use LUX? jk - thx for this nice stuff

[pulsar shard]

Hi team!! Just joined ⭐️ LFGGGG

[thin trail]

welcome! @pulsar shard

[frozen sage]

Wow thanks

[atomic dove]

I'm using the optibot 15m(atom/usd)time frame for cosmos perpetual futures trading.
The trend tracer, trend catcher, and trend strength is in green which shows trending market around 67%.
Strong buy signal is going on. Yet the market trends to go down.. why? What's wrong? Can anybody help me with this??..

If i got into that trade I would definitely hit the stoploss.

[empty solar]

It would depend on your strategy there

If you're only taking longs the signal hasn't had time to play out

[amber stream]

for me when tracer and catcher flat like that

dont bother with the signal

[storm herald]

you guys need to set your charts up differently to yield better results

[amber stream]

just sit out and chill

[storm herald]

looking at that chart, i'd not want to take that when everything was flat, where's the vwap of volume profile? where's supply and demand ? where's your key levels? how do you know where your target is supposed to be

I'm currently editing this one at the moment but here's something to give you some thoughts

use 10/21 as a default setting and then toggle optibot to compare, you should be able to pick one that "looks more appealing" to your style, you want the one that you feel gave you the best signal

[atomic dove]

Yea I have been looking for longer one's like 5%... So i have to wait till the traget hits right??

[storm herald]

the best looking color grading based on what happened. and this changes per time frame you pick you know so something might look amazing on 1h min and whack on 1 min, so remember that

well chart some targets and have vwap and neo cloud. they're OP, and 200 ema

[atomic dove]

Like how? Can yu explain?

[storm herald]

here's an example on that same chart above, let me toggle it so you see how it reacts to your price action. BRB

[amber stream]

aye that sensitivity sounds familiar

[atomic dove]

Okay if i only notice ups and downs I should go with trade right?

[amber stream]

keep observe and experimenting

and see how consistent that is

if it is, then yes

[amber stream]

idk how it is with crypto but it works 99% of the time for stocks

[storm herald]

and also, you need trendlines

trendlines been saving my ass to know where i am or what play i'm currently playing

[atomic dove]

Okok I'll keep an eye on it..

[amber stream]

u still need to observe it for like 2-3 weeks, if it is consistent then go for it, but lightly

[storm herald]

market makers are CONSTANTLY playing a setup. we're just too slow to catch them all because they're playing us on every second up to every month

so we are trained to look at the 15min and FIND one, and they eventually appear when its the 15mins turn thats why you get bullish engulfing candles at certain time frames and not on others

because each time frame will break something at some point. up to you to figure out which one you want to play. Use trendline with breaks from lux. it's op.

and SR patterns premium, toggle predictive range and set it to like 2 or 3

you get a chart that looks like this after

brb

[amber stream]

!docs @atomic dove

[hidden moss]

Learn about every aspect of Lux Algo at: https://docs.luxalgo.com

[amber stream]

just go through this

[atomic dove]

Sure

[amber stream]

find 1-3 thing that gives u consistent result

after 2-3 weeks at least, of testing

lol

[storm herald]

it gives you the ranges you can take profit and re enter on

[amber stream]

everyone is different, i dont need to use half the things SupaHot is using lol

[storm herald]

yeah i use all kinds of stuff, i alternate, but i love my charts mostly simple. I do my DD at night like this to find all kinds of info

and then make an assesment, and the next few days I know where I will range etc.

[amber stream]

nice

im entirely opposite

[atomic dove]

2-3 weeks?😳

[amber stream]

yes ?

u want long term consistency right ???

[atomic dove]

Yessss

[amber stream]

man people here want a get rich quick scheme loo

let me ask

do u have a job ?

[atomic dove]

Nope I'm studying

Doing my PG NOW

[amber stream]

ok

and how long for your degree ?

[atomic dove]

A year more

[amber stream]

how long until u can use that degree for a decent job ?

then 2-3 weeks is nothing lol

put that into perspective

people rushing into trading and stuff

[amber stream]

even here, u still have to wait 2-3 weeks or a month for a paycheck

[atomic dove]

Ohh okay

[amber stream]

2-3 weeks testing ensure the consistency of your strat

always refine that strat, not keep looking for new strat

[atomic dove]

I'm planning to get around 10% a day is that possible?

[amber stream]

stick with 1 that gives u the most consistency and fit your playstyle and u should be good

[atomic dove]

I'm a long trade with this strategy

[amber stream]

yes

there’s a lot a lot of things when it comes to trading

but most important is management + emotions

[lilac arrow]

Hello peeps, fairly new member here

[atomic dove]

Yea it runs your mind crazy sometimes

[amber stream]

cut your position at stop loss

be strict with it

and move on

cut immediately

lol

[atomic dove]

🤣 sure

[amber stream]

just chill and vibe

ease your minds

trading is very very simple

your own gambling emotional dumbass self makes it hard

[atomic dove]

Maybe sometimes

[lilac arrow]

I tell myself that everyday but idk how tf I lost 30k this month, literally my own stupidity

[atomic dove]

WT??😳

How?

[lilac arrow]

Revenge trading mostly

[amber stream]

that’s nothing

lol

[lilac arrow]

All done within just a couple days lol

[amber stream]

people lose $100k+ easily

that’s why

focus on management

go easy on TA

[lilac arrow]

I’ve learn more from those bad days about myself than my last 3 years of trading

I thought I knew how to trader

[amber stream]

oh ofcourse lmao

u know when u’re on a winning streak

the biggest lost is creeping up on ur ass

u dont learn shit when u’re blinded by temporarily success

[lilac arrow]

Now I’m scared to trade though. It’s never happened so bad to the point where as soon as I see green I set really tight stops and leave a lot of money on table

I sold those for 3.9 they went to 35.00

[amber stream]

lmao mf u’re playing spx huh

why ?

and why even go heavy on spx

lmao

[lilac arrow]

I usually trade spy

SPX is more lotto plays

[amber stream]

yeah u learned about spx and ur gambling blood comes up

@noble otter get in here

[shut vessel]

trading the same one or two stocks every day isn’t a good game plan

[lilac arrow]

Lololol yup

[shut vessel]

it’s what I used to do

Spy and tsla

Every day

[lilac arrow]

I’m trying to stay away from the gambling mentality tho

[amber stream]

wtf u mean isnt good

so u take the effort to ticker hunting ?

[shut vessel]

not what I’m saying

[lilac arrow]

Bro I can barely think straight watching 3 timeframes 🌚

[amber stream]

sure some ticker is easier on days, but ur effort to ticker hunt balance out

[shut vessel]

just saying that waking up every day and looking at spy every day and nothin else

[amber stream]

do u even know how to trade spx ?

[noble otter]

https://tenor.com/view/boobs-tits-minions-excited-gif-12138963

[lilac arrow]

I can’t say that I do ngl

[amber stream]

spx u literally trade 1-3 candles on 5 min time frame max

lol

u want consistency

not bangers

[lilac arrow]

SPX I’ve been running 2-3 min candles

[amber stream]

if u’re green just be happy

[noble otter]

https://tenor.com/view/boobs-tits-minions-excited-gif-12138963

[amber stream]

who cares if it runs to 35.00

onto next one

[storm herald]

I WATCHED my account go from 80k to 210,000 in 2 hours after my lab rat caused a market wide movement to occur after my lab rat posted some DD on reddit and went stupid viral, and then the stock went to the moon and like a dumbass i didnt sell, i held because i trusted my dd too much and thought redditors would hold....

[amber stream]

and if u really want to squeeze the profit, then trim and leave rest at break even stop loss

[storm herald]

i didnt cash out...it tumbled back down and my options went red... when i was up 1000%

i let it go all the way back to negative

i have a screenshot lol

brb

[amber stream]

yeah TA can only do so much

DD can only do so much

its literally 90% about management

[lilac arrow]

Moass?

[amber stream]

people focus too much on Ta

[lilac arrow]

🌚

[amber stream]

that’s wrong

[noble otter]

https://tenor.com/view/boobs-tits-minions-excited-gif-12138963

@amber stream

[amber stream]

i see people boasting their TA skill and half the time they dont even know when to take profit

lol

no plan at all

[amber stream]

nah i like that, so that i know its exact price actions

memorize it

i go ticker hunting and idk shit about how it moves which means more time for Ta bla bla bla

waste of time imo

[amber stream]

this is exactly what u mean

[noble otter]

Why trade 500 tickers once when you can trade 1 ticker 500 times @shut vessel

[amber stream]

ur DD dont mean shit because u’re not the one directly doing the market moving

lol

[shut vessel]

I said one thing now mofos coming after me

[storm herald]

well, it was a low float stock with suddenly THOUSANDS of people flooding onto a 3 million float

[noble otter]

No but it’s true

[storm herald]

with ALREADY more than the float IN THE MONEY

soooooooo

[noble otter]

Why waste time lol

[amber stream]

so what

u didnt take profit

that’s the goal there

lol

soooo

[storm herald]

yeah, shit kinda went berserk the tuesday after. my dumbass wasnt smart at the time

i was new at options

didnt understand the decay rate and how things work and most importantly

i waited for "Wave #2" like gme

[amber stream]

all that matters is the end result of taking profit

[storm herald]

the first wave went nuts, i diamond held

then got shook

it didnt run much next day but it did

but less than day prior

and certainly, never had the gme wave #2

lesson learned, since then i trade nothing but spy everyday

but to the dude up there, manage your risk and know when you got the nuts, take em. dont be greedy, if you see salary type money on every trade, just fkn take it...

[amber stream]

we chilingg

trading is a vibe

[amber stream]

yessirr

1-2 ticker max

we chilling

[lilac arrow]

Any advice for daytrading spy @amber stream

[amber stream]

i trade QQQ and I use catcher and tracer 5 min time frame

sensitivity and agility 10/21 respectively

and also #800747939226976266 TQQQ sensitivity for QQQ chart

so 2 charts of QQQ side by side

[amber stream]

simply because they dont have optibot for QQQ but it still works well

im an option day trader as well

big tip

start small

and grow that little shit

because option is leveraged and risky

[amber stream]

this account at $60k now lol

full port only

[lilac arrow]

I appreciate that insight

[amber stream]

if the worst shit comes, which i wont allow that to happen cuz i focus heavily on management rather than Ta

i let algo do the TA

[amber stream]

i would literally only lose $165 and the time i put in to grow it

lol

[lilac arrow]

I’m tryna figure out a nice consistent strategy to get these losses back eventually 😩

[amber stream]

literally chilling

and vibing

[amber stream]

this is literally all I trade daily

1 play

lol

full port

[lilac arrow]

Fr?

Just based of the #800747939226976266 ?

[amber stream]

and 10/21

[brave swallow]

QQQ What is your strategy?

[amber stream]

avoid flat

left side

when tracer (cross) and catcher (line) flat like that

avoid and chilling

dont trade

when it starts moving up

u enter

easy peasy

literally braindead asf

this is why i love algo, can finally find a super consistent tool

now I spam it the rest of my life

zombie trading

[old crow]

https://tenor.com/view/bam-salt-bae-sprinkle-chef-tada-gif-12226725

[amber stream]

@lilac arrow this is my more experienced partner

but for u

dont even bother with spx

learn to grow and learn to manage position consistently first

spx is for more experienced traders

my partner is a 8 years experienced scalper lol

so he knows when and how to get out quickly

for beginners like us, stick to the more safe ticker

ALL tickers can and will make you money

just remember that

dont chase the big bangers

consistency

[lilac arrow]

I have 10k im trying to be smart with and not yolo. Taking it slow and seeing what’s works best for me. Losing all that money made me realize a lot but I first need to figure out how to be consistent

[amber stream]

then start small lol

u do realize that the market has unlimited money to TAKE right ?

and the money that u can give it is $10k

lol

so minimize the money u can give to the market

start small and grow that little fucker

$1k and focus on that one port only

not only u’d protect your $9k u also grow a new bigger port

im on phone lol kinda small

but 2 QQQ charts on 5 min TF

left is 10/21 right is optibot

heiken ashi candle

literally super simple and braindead and consistent strat

lol

99% winrate for the past 12 weeks and counting, ever since i tested algo

[lilac arrow]

I’m gonna try it tomorrow with 1k for sure

[amber stream]

no if u’re new

keep observing

[brave swallow]

Win Rate %?

[amber stream]

2-3 weeks observe

Watch how my strat works

spend the time to watch bruh

live test

[lilac arrow]

How do you pick your contracts when entering?

[amber stream]

1dte like today, i buy 1-2 strike otm

0dte i buy 1 strike itm

i do whatever it takes to protect my money lol

[brave swallow]

Where you put your SL?

[amber stream]

FOR ME

previous candles lows/highs

for BEGINNERS do 20% and just cut

move on

fuck it

dont revenge

[lilac arrow]

Can I ask why QQQ over SPY?

[amber stream]

@lilac arrow u have no idea how beautiful last tuesday was lol

1.50-10.00

that’s 566%

[amber stream]

qqq is tech only

and i find algo works best with qqq

spy has other sectors

and so qqq is more directional

compared to spy

[lilac arrow]

Makes sense

You’re making me more excited to trade ngl

[clever lynx]

Guys am new

[amber stream]

calm ur gamble blood

[lilac arrow]

Lmfaooo

[amber stream]

keep watch my strat

[clever lynx]

What should I trade

[lilac arrow]

How do you calculate your TP or u wait on algo?

[amber stream]

how do u do it ?

do u have a plan ?

hint, i dont rely on algo

[amber stream]

this is part of management as well

[lilac arrow]

Shit nowadays I sell as soon as green 😩

[amber stream]

most people focus on Ta and they dont know how to manage

[amber stream]

which is good

break even and green will be ur best friend in the long run

no need for bangers

[lilac arrow]

I need to get into QQQ ta

[amber stream]

algo do all the TA needed

i literally turn off my brain TA wise for trading lol

my strat is catcher tracer and signal same color

but no FLAT for catcher and tracer

NO FLAT

[lilac arrow]

Where can I see how exactly the bots work so I don’t bother you with simple questions?

[amber stream]

it’s more like an indicator

[storm herald]

holy shit, thanks bro....wow

i didnt know that, actually. and I really like the idea of an algo controlling only one sector

[lilac arrow]

The #800747939226976266 I mean sorry, I’m a bit confused on how exactly it works

[amber stream]

its like an optimal sensitivity for the indicator to give out signals

!docs

[hidden moss]

Learn about every aspect of Lux Algo at: https://docs.luxalgo.com

[amber stream]

but i also have 10/21

comes in very handy

my own personal sensitivity

some day optibot wont give signal, or slow to entry for a huge break out

10/21 covers that

[storm herald]

ok so QQQ, let me get this straight, optibot 5min/ 10/21 and JUST trend tracer, catcher, heikins and thats it

[amber stream]

yessir

[storm herald]

enter when you get a label + the two colors confluent

[amber stream]

extremely braindead

[storm herald]

how long you been using this

im about to back test

[amber stream]

all same color and t/c moving up

NO FLAT

[storm herald]

I'm big on dummy setups.

[amber stream]

left is flat

for us option traders

flat is DEATH

theta decay eating our booty

[storm herald]

gotcha

[amber stream]

so ill always enter when 10/21 give me the setup shown on the right

AS A SCALP

[storm herald]

ok ok ok

[amber stream]

= no holding long

NO holding long

then WHEN optibot also gives setup

u hold longer

[lilac arrow]

Damn seems to good to be true 😩

[amber stream]

that’s it

[amber stream]

hell yeah go back test AND live test it

for 2-3 weeks

[storm herald]

fuck man, i been obsessed with spy

my whole image on socials is around spy these days

you making me want to do qqq

for that one simple reason bro

fuck

lmaooo

[amber stream]

bro nasdaq is bigger than spx

[storm herald]

let me ask you this

[amber stream]

qqq is nasdaq etf

lol

[lilac arrow]

Lmfaoo this man read my mind

[storm herald]

one appeal i have to spy is my options prices are cheap

i can get stuff under $1 or $3

whats qqq like ?

[amber stream]

yup same

[storm herald]

same premiums type vibe ? thats good

[amber stream]

1dte around $2.5 for strike

0dte around $2 or less

and u’re chillen

[storm herald]

yeah totally normal

no problem at all

hmmmm

so you've tried spy and qqq i presume

[amber stream]

yes

u’re more than welcome to back test AND live test for 2-3 weeks

so u can see all the scenario

[old crow]

We should be able to type “iQQQ” and have your brain-dead strat posted automatically 🤷🏻‍♂️ @amber stream

[amber stream]

the CORE of my strat

[storm herald]

would you say the inaccuracy on spy comes from the fact that any one of those 500 companies might bust a sudden move that just simply cant be calculated ?

[amber stream]

will always work

like 99% of the time

and ive been on this shit for 12 weeks straight now

lmao

[lilac arrow]

I believe this strat needs its own channel now 🌚

[amber stream]

shit is so consistency its insane

[winter widget]

@lilac arrow has earned the Lux Level 1 role!

<@!905617859881889812> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[storm herald]

the core being: 5min optibot/ 10-21 and enter strong labels that have the tracers up and down. nothing else

[amber stream]

yessir

[old crow]

iQQQ

[storm herald]

nice

i been doing 15 min signals a lot more lately. they print stupid when lux finds a strong one

like several dollar swings

[amber stream]

yup

[storm herald]

Well i'll tell ya what. im gonna DD qqq and start paper trading this as well

i been doing decent on spy but what you said makes a lot sense to me

[amber stream]

i day trade so i like 5 min

i’d be done in like 1-2 hours max a day

BIG ONE HERE

because market is ass

recently

my setup require patience

[storm herald]

yeah me too, i can scalp in 1 min and hit a 100% in power hour and make up the day or get something at open and one around 3pm

[amber stream]

REQUIRE to wait for the core setup

some difficult days i dont trade at all

[storm herald]

how long you been doing this for ?

[amber stream]

or wait 4-5 hours for a setup

[storm herald]

this strat you came up with

[amber stream]

using algo ? 12 weeks and counting

lol

[storm herald]

nice

[amber stream]

u’re more than welcome to back test and live test

[storm herald]

yeah i've had lux algo since last year but took a few months without to practice reading a chart all on my own and making plays off nothing but candles and patterns

yeah i plan to

[amber stream]

lol i dont want to hold responsible for your money at all

[storm herald]

nah man

[amber stream]

but it’s so good its insane

i was skeptical too

[storm herald]

i know how to trade, i just like to hear other shit thats simplified

[lilac arrow]

How can we stay on top of this? I would love to keep this thread going and see where it goes. I will begin paper trading it tomorrow

[amber stream]

nah bro, with this strat im wayyy past that

[storm herald]

i actually am reopening my youtube channel so i plan to post strategies and indicator reviews and lux algo reviews and stuff

[amber stream]

now im more focus on managing position

[storm herald]

so i might call it the qqq special

and credit you

but this is likely a month+ out type thing

[timid musk]

Whats up guys

[amber stream]

MOM I MADE IT

[amber stream]

MOM IM FAMOUS

lmao

[storm herald]

yeaaaah

[timid musk]

Man, i need to thank lux algo

Made my day

[storm herald]

i have like 9800 subs but i left my channel inactive for too long

so now i need another 2300 hours of watch time

or something absurd lol

[timid musk]

Few combinations and i got some nice 200%

[storm herald]

to get RE- monetized

lol

[amber stream]

oh also turn on extended hours so algo can gather more data

more data is good

[timid musk]

Any new indicators for VIP? That tracks fibs and harmonics ?

[storm herald]

yeah i have that

[amber stream]

just lone wolf trading and testing and get just ping me your result later on

[timid musk]

I do that. I track 1,2,4 hours and then compare with daily

[amber stream]

so my strat is beginner friendly

@storm herald and days like this, i say dont even bother to trade

for beginners

for more experienced scalp range traders

u can do ur own shit

lol

but for beginners, just take a vaca

[timid musk]

Honestly bTC seems like 19800 and rebounds

[amber stream]

everything is fucking flat

[storm herald]

oh wow so that shit really decided to stay flat

[amber stream]

yup

those

are the difficult days

[storm herald]

dude, you on twitter ?

[amber stream]

nah lmao

but do focus on those difficult days

make plans and note on how to trade on those days

[storm herald]

the range days, they're best left untouched

[amber stream]

i mean best bet is to not trade at all

yeah

[storm herald]

problem is sometimes you dont know its a range day

[amber stream]

just chill and vibe

[storm herald]

but i can tell thanks to plotting levels prior

[timid musk]

Guys do you trade both sides together?

[storm herald]

i actually have a whole plan for spy and aapl

[timid musk]

Means have a long and a short open

[amber stream]

wait no

no

[storm herald]

yeah i buy puts and calls but not at the same time ever if thats what you're asking

[amber stream]

no straddle

[timid musk]

How do u trade ranges

[storm herald]

i either buy a call, based on a call signal

you use the pivot highs and lows

[timid musk]

Nah crypto futures i mean

[amber stream]

u plot ur local s/r

[storm herald]

and if you know the range, range = support and resistance of sorts

[amber stream]

yeah

yeah

[timid musk]

I got that

[amber stream]

local s/r

[storm herald]

example

[amber stream]

that’s it

[timid musk]

Question was like how do i set my futures

[timid musk]

Let me see

[storm herald]

the big box i drew

is a range for a bigger time frame play

so I see spy going all the way to $390

[timid musk]

I see. I got paypal

[storm herald]

based on some previous areas

[timid musk]

Been tracking it

Seems like a 67$ support

[amber stream]

this is literally my setup

on mobile i dont even have a ticker symbol

got rid of all that

lmao

cuz i only trade qqq

[timid musk]

Oh gotcha

[amber stream]

that's more for supa

[storm herald]

gonna make a chart based on your strat

fuck around with it

im off to bed tho

[timid musk]

Good night supa

[storm herald]

catch y'all around the block, peace boys

[amber stream]

pce

[carmine cypress]

What’s the best strategy for gold 🤔🤔

[jagged locust]

hey does anyone no what the circles are on the RAR indicator? are they just showing divergences?

[empty solar]

Our descriptions on script will always cover all features👍

[jagged locust]

cheers 🙂

[civic blade]

@empty solar is this setting ok for break out zones... to get clean signals

[empty solar]

Totally reasonable yep

[civic blade]

coz when i put the setting value as 5... i get too many signals

[empty solar]

But it's SR?

This would not impact signals

[civic blade]

no sorry my bad what i meant was
when my setting is 5 ..i get many levels
wch i dont get at 8

[empty solar]

Sure 🙂

Then you can use 8

[grave magnet]

Hi all, from where can I display on the chart the Support & Resistance levels?

[empty solar]

That's in Lux SR and patterns

[grave magnet]

what is the optimal/suggested value?

[empty solar]

For which SR method?

It's really impossible to say

If you like classic SR maybe breakout zones

If you trade patterns; pattern detection

If you want clear pivots you want liquid pivots

[karmic gate]

Hello, how to scan all values/stocks ​​with Tradringview LUXALGO ?

[velvet coyote]

every ticker in the world? 😮 and every timeframe? 😮

[analog onyx]

Impossible as long as Tradingview does not allow supporting custom indicators for their scanners 😦

[winter widget]

@analog onyx has earned the Lux Level 3 role!

<@!225316751410331649> just levelled up

Welcome to the Lux Level 3 role! Thank you for being an active member of the Lux Algo community <3

[empty solar]

Congrats 🎉

🤣

[rare junco]

Afternoon all

[empty solar]

Afternoon 😎😎😎

[rare junco]

just finished reading chats from last night in all channels, maaaan it was busy 🙂

[lilac arrow]

@amber stream what’s good brother? Do you mind sharing your indicator settings for the 10/21?

[amber stream]

check #📈stocks-futures-chat

[old sequoia]

I have a question, I have realized that with the autopilot there are too many false signals, that's why I like it better in manual mode, is there any way to regulate it so that it matches the autopilot so that it shows the same as the manual mode

[empty solar]

If you want the manual mode why would you want autopilot turned on if it just gave the same results 😅

Or am i misunderstanding

[old sequoia]

For comfort

[empty solar]

But they'd give the same results no?

You like manual mode

But you want to tick a box so autopilot gives the same signals as manual mode

[amber stream]

is lux any good ?

[empty solar]

My favourite question 😎

[nocturne wolf]

is lux any good? seriously...wtf are you doing here 😂

[atomic dove]

Which timeframe would be better for longer trades like 10%??

I'm using the optibot settings

[empty solar]

He's a meme lord

[atomic dove]

Is there any possibility for getting 10% trade a day?

[empty solar]

I get that question a few times a week 😂

[empty solar]

It's a very high expectation. Laws of compounding would mean you'd turn 100usd into 1m in a few weeks probably there

Aim for smaller amounts

[upper widget]

really now? who wants to be a millionaire 😛

afternoon people

some of the questions here are really funny

not judging or being sarcastic, but there is some math behind any trading strategy

[nocturne wolf]

I don't want to be a millionaire...who wants all that money? 😜

[atomic dove]

I actually got a 5% trade done. Waiting for next trade since mrng.

[upper widget]

and it is indeed like Admin said, a 10% a day, would render you a million extremely fast lol

[atomic dove]

Nah I don't think so i have a different plan 5xleverage and 10% a day.

Compounding means carrying today's full earning to next day trade right?

That won't be possible at all

Yu can't win every trades

[amber stream]

[amber stream]

it means u have to full port everyday

[atomic dove]

Ohh okay

For me it would be like daily earnings

Invest some and make it 2x at the end of the day

[warm spear]

i gave wrong tradingview username please help

[amber stream]

and I experiment with it

and it works

just need to start with bare minimum

[atomic dove]

Yu mean compounding?

[amber stream]

and a strict discipline management plan

yes, full porting everyday

[atomic dove]

Are yu serious?

Come on man

So what's your win rate?

[amber stream]

99% for stocks lol

[atomic dove]

🤣

Really?

I can't believe that

[amber stream]

come to stock chat

i have a document for it

lol

i started out with $165

[atomic dove]

It would be a miracle to have 100% win rate

[amber stream]

the bare minimum

[atomic dove]

Ohh

[amber stream]

if i start with that

and build it up

and somehow lose all of it

i’d actually lose $165 and my time trading it

lol

[atomic dove]

Yea that's why asking🤣

[amber stream]

that’s it

it’s at $60k right now btw

since 5/11

May/11

[atomic dove]

I have no idea about how the stock market works bruh

[amber stream]

doesnt hurt to experiment

oh then ok lol

[atomic dove]

I meant compounding in crypto yu have any idea about that?

[amber stream]

lol crypto is just crypto

volatile beast

[hushed tartan]

lol reading this is funny af

1000% in one day beast

[atomic dove]

🤣

[hushed tartan]

also -1000% in one day beast

[amber stream]

of course u dont win every trade, but by having a plan and minimize REDs and increasing your daily profit % avg

[upper widget]

compounding means to trade each day a fixed percentage of you bank roll, mate

[amber stream]

it can work

[amber stream]

so 100% of 10 degens ?

[hushed tartan]

lmfaoooooooooooo

thats it

[upper widget]

if you start today with $100 and trade 50% daily, today is $50

but if you win today $10, tomorrow is 50% of $110 = $55 to trade

got it now?

[amber stream]

have a building up type of mind set

farmer type

growing your port up

lol

[atomic dove]

Yea💯

[atomic dove]

Okayy

[hushed tartan]

bruh market choppy af

btw

[amber stream]

start small and farmer it up

[amber stream]

yeah QQQ

[hushed tartan]

this is my 4h btc prediction

[atomic dove]

But can I do that in crypto?

[hushed tartan]

depends on stocks too

but thats it

[amber stream]

i told Jae im not even gonna bother trading today

so

[hushed tartan]

we pump and collapse

[amber stream]

we chillen

[hushed tartan]

yea

no trade until i see somethin worth it

gonna go code it out and chill

[amber stream]

gonna enjoy my day

yuh

[hushed tartan]

ima check out the web in detail @upper widget

[warm spear]

does signals are 100 percent accurate

[amber stream]

yes

have a plan first

[atomic dove]

Ok first I'll make a plan and then wil try to execute it

[warm spear]

add me in ur plan also

[atomic dove]

But I wanna know whether is it possible to make 5% profitable trade a day

[atomic dove]

Sure mate. First I'll figure out on how to do it..

[hushed tartan]

100% possible with a proper patient plan

imo

will take time to develop one that fits u so tyt

[atomic dove]

Yea 💯

[warm spear]

thank u bro

[surreal star]

Hi, for the "Reversal Zones Strategy" mentioned here (https://docs.luxalgo.com/getting-started/popular-strategies). Let's assume Contrarian signals and candlesticks are turned on, are you looking at the color of the candle or that precise moment when the buy/sell signal comes through to look for confluence with the reversal zone?

So for example, if the color of the candlestick is green and the price is inside of the bottom reversal zone even though the "Buy" or "Strong Buy" signal came a few candlesticks earlier, is price in bottom reversal zone + green contrarian candlestick enough confluence to execute a trade?

here is a visual example, the "Buy" signal comes through but the candle body is not in the reversal zone yet, then the price comes down and goes in the reversal zone and the candles are still green... when the price comes into the reversal zone and the candles are green, is that when to enter?

[marsh viper]

sorry to be the nagging guy but.... when do we think the new update is coming out?

[analog onyx]

waiting for price to exit reversal zones can be way safer indeed, altho you might miss some timing.

[empty kernel]

Sir what time frame we should choose for trading

In every time frame it's reversing

Don't know what to do now

[thin trail]

Hi @empty kernel it’s generally best to stay above 5min timeframe

Do top-down analysis, analyze each timeframe starting from 1D, 4h, 1h, 30m, 15m, etc

and use the low 5m or 15m for entries

[empty kernel]

Ok sir

Let me practice

But higher time frame it's saying long and lower time frame short

Then sir what should I do

[frozen sage]

Wait ur at 60k now? Dang quannypoo

[frozen sage]

Does the 20% off code only work once? My sub got auto renewal without it. Not that it's a big deal, just suprised me

[empty solar]

Yeah it's a one time first interval code 👍

[cinder quest]

get out of the SOL and see the BTC or ETH chart first, try to understand them . Look 4h Chart, then 2h and trade in 30 mins,

[empty kernel]

Ok sir

[winter widget]

@empty kernel has earned the Lux Level 1 role!

<@!990190662085398568> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[empty kernel]

Let me see sir

[atomic dove]

For 5m timeframe which settings would be better autopilot or dashboard optimal settings?

Especially for scalping

[vapid yoke]

Depends on what you're trading, and your strategy. There is no one size fits all answer.

[empty solar]

^ It's so personal

[vapid yoke]

Are you trading a single instrument or multiple? Someone trading a single instrument might have time to drill down and find out what settings works best, but say you're trading like 10 different cryptos or stocks, you'll probably find auto pilot a better fit.

[atomic dove]

I'm currently trading 5 to 10 crypto's for quick scalping...

And I noticed that optimal settings change from time to time.

Will that affect the signals?

So i wanna know autopilot or optimal sensitivity

And if autopilot what would be the frequency for it?

[vapid yoke]

If I had the time, I would check what works for each individual coin, even tweak the settings to my personal preference. But

as my time is limited I just chuck it on autopilot

The frequency as well is down to personal preference, you need to mess about with the settings, backtest your strategy and see what works for you

[atomic dove]

There are three frequencies...so what would be ideal.for scalping?

Like short mid and long

What is the role for these three?

[empty solar]

It totally depends on what you use the signals for. Signals are there for confirming a trend. You can use other indicators to trade in between signals for example
They adjust how frequently signals appear. If you want signals far apart from each other and not many signals you want long term. If you want tons of signals select short term

[atomic dove]

Ok that's what I wanted to know... thanks much💯

Short Freq for short trades (scalping) and long freq for long trades right?

[empty solar]

wellllll

Not really

It's just depending on how you use the signals

You're thinking of the signals like entries

which they are not

They are there to help identify trends

So you can trade using the trend

If you want the signals spotting tiny tiny trends you'd want short term

If you want signals pointing out lager trends youd want long term

[atomic dove]

Okok 👍

Thanks

[civic blade]

@empty solar on the 5 min chart..i took a position on a strong signal after it broke the days low.... was it a good decision ?

[cinder quest]

looking into signal, it was good trade, you need to confirm the volume too while it breaks the support and either RSI or MACD to check the whether there is strong momentum or not

anyways, price can go anywhere

[civic blade]

SL hit

[empty solar]

Entering on the retest of the support yes

Entering after that candle no

[upper widget]

but it currently uses 3Commas, as I still have the annualy subscription

[upbeat mural]

I can help you to cut that expense

[upper widget]

need to make some use of it, if I cannot DCA bots

yet 🙂

[upbeat mural]

Lets dm?

[upper widget]

I don't need help, I can provide guidance, mate 🙂

and definitely not in a DM, here in the chat, so everybody can read and use

[upbeat mural]

Would be nice to have a separate channel

For automation talks

To keep the information clear

[upper widget]

what I am using is Python (a webhook listener) to get data from my alerts, py3cw wrapper tor 3 commas, and my own algorithm for making decisions

[upbeat mural]

Yeah. The techincal part is not the problem

I got that aswell

[upper widget]

you need suggestions on the conditions part?

[upbeat mural]

The algorithm is the deal. :D

[upper widget]

can share you mine, if it helps you

[upbeat mural]

My main goal is to do small stoploss large takeprofit scalping

And ive been loking on the scalping with sr ranges.

3min chart entering trade on a strong signal pullback to range

[upper widget]

set highest parameters for Lux signals, get the alerts and enter deals only when:
LUX = BUY or STRONG BUY (with 30 and 40 on settings), trend tracer/catcher is GREEN, STOCH oscillator is trending up

how you determine is trend is still upwards would be the challenge, but it's pretty simple

you compare current value with the last recorded value not null

if >0, trend is up

[civic blade]

@winter widget this is how the price went

[winter widget]

@civic blade has earned the Lux Level 1 role!

<@!892697391864619008> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[upbeat mural]

You hold the trade for the whole trend?

[upper widget]

as you can see, you can eliminate a lot of bad signals

well, some good as well, but goal is to lose less

you change the TP/SL dynamically, by using ATR

ATR Stop Loss was my choice

I get that from TV and than dynamically set the TP to be 1.5 times the SL

and that's all

now you have the full concept in front of you

code it and test it

[upbeat mural]

Thanks illook into it

[upper widget]

last closed deals:

see how TP, TTP and SL have strange values

it's because they been adjusted prior to taking the trade according to the algorithm

good luck

you can always be more safe, by placing a delay/lag from the moment you got the signal to the one you enter the trade (you can analyse following candles and their prices, see if it retraces or not)

I gave up the idea, cause I was losing momentum

p.s. choice of coin is 50% of this strategy

i'm testing it on AVAX because it's a lousy performet lmao

p.s. those are real trading deals, not paper :)))

[torn wave]

idk why you really entertain me Aker thank you

u funny little munchkin 🙂

[upper widget]

was just responding to a question, not here to entertain your sarcasm, sunshine. apologies for disturbing your trading lessons and teachings

[empty solar]

Thursday morning beef 💀

[torn wave]

No beef, a munchkin is a small cat I'ts not a bad thing

munchkin.

[upper widget]

neah, I noticed a long time ago some here think they're some kind of guru. hence why I stopped commenting, too many lately

and they always reply afterwards trying to explain their sarcasm, as if that was not visible from a mile in the first place

have a good day and happy trading

[torn wave]

Please connect more often you fill my soul with joy and my heart with love

[upper widget]

q.e.d.

[upbeat mural]

You try to catch the trend momentum?

[upper widget]

Nope, gave up the idea