#š¤support
1 messages Ā· Page 185 of 1
Yeah the equalizer band is showing itās not fully strong since itās playing with and not cleanly holding under it
if we had the - tags
that would be even more confusing @humble abyss
Mhm, But i dont really know
it would be much more messy
you donāt have to use the equalizer band and gray candles you know
you can turn them off and still get the previous way we identified them
the +/- tags will not help you, in fact they will likely confuse you even more
itās the same exact feature as a red candle appearing after purple or gray candles during a sell signals
the 1000% same thing
itāll just make the chart messier
Mhm, Alright
that wouldāve been even more confusing for you right?
Yepp
How i use this tho?
Now i lost like 50$
Into a 500usd account becouse of this confusing
You shouldnt use it if you dont understand it
every time a candle goes red @humble abyss when a sell is activated
Paper trade first
^
yea @humble abyss in that scenario the price was playing in and out of the band, not āholding cleanlyā below it as it says on our website
I think we will have some Youtube videos in the future showing how to use these things š
Yeah for real
yea much more detailed youtube videos are coming 100%
I use the fib more then this bot
Then what you should be doing is using Fib and then using the bot as confirmation
as @gentle mountain said though
why are you trading with it with real money if you donāt know exactly how it works?
Becouse i try it in demo before this upgrade
@humble abyss you probably used margin. Before even thinking about trading, you have to learn and master the fundamentals.
Yeah maybe
Im at 440$ right now
Going back to 500 and try the bot more
And try to Get better
If thatās money you can risk, sure, thatās fine. If itās not, I recommend paper trading now
I have paper trade for long time
Like 3month
Mhm, thinking to take 5trades like before
Smaller invest
How long
Trend line
I see
Well if you arenāt sure how you loss, you arenāt ready for trading
Im taking my stopp loss to much
Thats my problem
I take 200$ into gold
20$ stopp loss
And 42$ profitt
...
I did this a few times
You recommende anything i could do?
No thatās wrong, imo
If your stop loss is 20, your tp should be 20
And there i choke
Then trading is not for you
I recommend learning more about trading
Just, rhis new patch and all in One time
You have any site?
You know i sit
In my computer
40hours a week
Like since novemeber
Bush too be good
Exchange/brokerages donāt matter
Go on YouTube and spend a while finding a good trader you can copy
Youāll learn the basics
You can try this forex server I'm in, they always analyse trades and maybe you can learn something from it
And buy when it says buy
Wonāt work on low timeframes
Sell when it says sell
4 hour is my minimum for this
Yeah there is my problem
See
Damn my fould
I have to step up mah fame
So, i use trend lines like before and support
If i Get a strong signal i Go for that
In most cases, fewer trades > more trades
Fewer trades?
And you should also not expect to make 500 out of 500
Out of 500, I say making 100 in 1 year is reasonable
Fr? Haha
I dont think that
I have to chill trading.. also take smaller trades
.
George can u plz check out gold for two sec
After my own analyse it would hit 1686
Ok
Gold is in a tight range
Momentum just shifted
A breakout and retest would say otherwise
1D
oh yeah, daily looks exhausted
Yep
Whats exhausted?
tired
Oh Yeah
Donāt get me wrong, I would trade a daily setup on gold
Mhm, nice
Scalping is unhealthy
How much are you expecting to make out of that 500?
Same
š
Not possible if itās your first time trading
Most
Yah see we are not built for those frames
5min.... š
Fuck me frš© i really just whant to trade many trades haha
I better hold like before
I got like 50usd on one trade and 10$ Max loss
For a beginner, breaking even on the year is a accomplishment haha
On the demo
The algorithm uses past data from X candles. The higher the time frame the more data the algorithm has to work with the more educated its signals are and hence tend to be more reliable. Lower time frames will use the same amount of candles but due to it being a lower time frame it has less data to work with. For example: if the algorithm uses 10 candles of data, on the 15m chart that's 150m of data. However on the daily chart that's 10 days of data to generate a signal on.
Your risk should be 1:1
Georg
As a beginner
Ok
You need more patience @humble abyss
I know think thats my problem
Yep
Im waiting for eur/usd to fall still š
I just got into usdcad
This my analyse
For example
I dont take this trade.. becouse im just following tha bot
And fuck everyting up
Everytime
Then donāt use it
At a pro
Itās for high time frames
I try that also
there's a lot of "pros" on YouTube that don't even trade lol
I use it on everything
Its that a good setup?
I donāt trade patterns
U trade the bot?
I use the bot to help confirm my Decisions
So how u trade? And what u trading?
^ best way to use it tbh
Usd/cad š¤©š¤©š¤©
directional confirmations
I am already a couple years into trading
Direction confirmation on the 4hours mack?
Every experienced trader has a trading plan and rules, or should
I just trade off the rules and plans that I developed over this time
Along with my own TA of course
How old are you?
Im studiet for real 40 hours
You can make it back by working
Every weak since november
Or st least 10
Yeah i know
But, its better to start now
Youāve studied trading for 40 hours a week?
And see other decuisons
My trades atm
17$ up.. taking a break soon.. just to recover me
This is me
5,4dollar loss
23dollar profitt
Thats my plan
But, when i choke its like 15$ loss
What is your risk to reward ratio
@humble abyss you should look into swing trading, with higher timeframes, thats where the most novice friendly & most accurate signals are using Lux Algo š
Thats was my plan too
Make small trades with 100$ ever day
Have 400$ to long swing trades
I do that from today
Np
Any job will do, just to add some income
Thx Mr. Dubyah @grizzled turtle
Np
I see
I heard norway has incredible healthcare tho if you do land one
š
You can go to make a LinkedIn and connect with some people
and like avg salary is 70K/year
Yessir everything lit here
Yep
Way better than the USA of course
United States is like, mad ez for jobs, just u get shafted
But remember rainy and coldš¤£š¤£š¤£
with benefits
Yep
I got a bomb ass 9-5, barely any bennies
The US has the most opportunities for sure
I suck at school and i see what my dad did at early age
Not many places where you can be a millionaire without college
And one of my friend
Aerospace is pretty lit
Facts tho
<-- is a college dropout
I start with forex
Becouse one of my friend make 50k
With 3k
In crypto haahš¤£
I think that would be a lucky play haha
Is he still making money with it now?
He have been into the marked for 2years and 6month ish
Yeah, But now the marked crazy
You should not expect hundreds of percents
He used margin, I would advise against that with while starting
Mhm, Yeah.. But, i try a bit more and see
I putting in 20k when i turn 18
Into forex..
I can forex, But i just stress at small trades
The easiest way to become a millionaire is working and investing, if thatās what you want to be
Yeep
I suck at school
I help my family a lot, and analyse and try to Get better in the marked
I was great at school, didnāt enjoy it
Didnāt like following orders
Getting a 4.0 was easy for me, didnāt put much work. But, I hated the time at school
Mostly the work
It was just useless assignments on top of useless assignments haha
Frš¤£š
I see that one! But, you where good at school... and now you a trader
Damn lifestyleš But, i bet that you put on the hard work
During this times
Damn! Yeah i think to Go to a trading/investing school
Thatās a thing?
Yessirš they learn you a lot about the chart and how to start a business
You got the picture?
@indigo cradle so i have to whait it to be far away?
Some resistance as well
From the bend
You want the price to be above the cloud, and the cloud to have lots of area on it
@grizzled turtle would you and you have a huge time too help me out?
Band* lol
More spesific, i could try to say ehat i can about trading
And u tell me what i Need more
I believe all you need is patience and risk management
And you have to think of trading as a hobby, not a job. For now at least
Also to donāt play by emotions. I kept going on after huge losses
You should only put 10% of you account value into a given trade
Yeah, i know.. i try to Get uptowards 2000usd..
So it could be more easy
But, as you says
I have to find a job
Are you attending secondary education?
Im high school
Mhm,
I really dont know
Maybe the trading/business school Yeah
Next year
Im busy with school to
So after that... trading/business school
Business school will require at least 6 years, thatās what I took at least
@humble abyss find something you are passionate at and just dont stop pursuing it
^
That what i do
Going to college/uni grants many connections for sure
with forex, i going ham to learn
I love computers, thats my thing- self taught IT lord/coder
I love charting, and Yeah tecn
Wow, heavy @fallen mason
I going to take a challenge
If i dont make 1,5k before juli 11
I leave forex and focus on scholl
And spare up my cash
@humble abyss you should be doing both
Trading doesnāt take much time, you have to realize that
Use Money on food
You can trade with a job and school
And other stuff
I use 200$ month
To take in to invest
Also i dont have sosial media
To focus on forex
I going to sell all my clothes (expensive) also sell my PlayStation
I train like 30-2 2hours to stimulate my head d
Every day
Eat only healthy
Thatās a overkill imo
Haha no im not kiddingš¤£š¤£
I look at charts for around 15m a day
@humble abyss You should focus on school, get a job or do Odd jobs around town, and trade on larger timeframes so that you do not need to stare at charts all the time
^
Trading is my āside hustleā per say
My dad told me also Get a job. I try in like two years
But, when you guys says that
you do not need a high end job
I would do more into it
you just need a job
Yeah, facts
I started my career working at CVS (a drugstore)
Once you have everything set in place, you donāt stare at charts for countless hours
yes, get an after school job
Thanks maināsš
and trade on higher timeframes
Yeah going to job hell a lot
and you will definitely see success
That so rare you know bitcoin
I predicted it so sucess full since november
Hahaš¤£š
Rekt my uncle on the view on btc
Lol
use that smart brain of yours and apply it to school and work š
Thanks!
I would do that for sure
But,
What i do when its pandemi?
Job, i think is so hard to find now
That's a question a lot of people are asking. Find something considered essential, Grocery Store Stockers, Drug Store Workers, etc.
I am fortunate enough to be able to work from home 9-5, a lot of people are not.
But look around at stuff that is still open, apply there.
Iām glad I got into e-commerce and not retail
Do you run stores ? @grizzled turtle
Co founded a store a while ago
everyone starts somewhere though keep that in mind @humble abyss , work in the real world and you will innovate problems that you don't even know existed.
Yep
Yeah my dad, come to norway when he was 16 and can nothing
Now he has a hell a big company
But
I think
Its what people whant in life
And you have to understand that the most valuable asset you have is time and the ability to handle big risk when youāre younger
literally though, I blinked and im almost 30 lol
Time is more worth then Money
If used correctly
Hahaš thats not bad main... 30 is Young and wild
Yepp
Alright guys, thanks for everything
My main problem i could tell it
I lost 2000usd on crypto of scam
I dont trusted my analyse.. as now - i use the bot...
But, the problem was that i where giving my btc to a company who sayd they could give me more back...š
First lesson i had
ahh the profitcoins scam
their website looks insanely legit
they spent a long long time on it
they also were all over fb
No it was *coinlitestock.idk or something
ahh something similar
There has always been tons
listen man
no one is going to offer you free money
you know this now
but v important lesson
Yeah i know that, my fould for a few weeks back
Yeah very important
I glad i use that Money, and not like 20k
I deleted V2 on tradingview. When I go back to add it all that is available is V2 not V2.1
Finalllyy
Gold droppin
Perfect after my chart
Uptowards 1709 then drop.. now it maybe have enough momentom to Get to my target
Now is that a clear?
which was providing an opportunity to enter short and now it's more confirmed
I think its easier with tha - becouse
Then it would sayd
Strong Sell know, the bend not in between
this is without the equalizer band
and without gray candles
do you see where it became a strong sell?
the equalizer band is another tool which helps with getting more confirmations and identifying points of indecision + entries
if it's too confusing for you, then maybe it might be best to trade without the band or gray candles for now
@humble abyss
You could even just use basic signals too by turning off Strong signals
I whant so much that onš
So choosing V2 actually makes it V2.1
Mhm, Okey i would try to learn
So the normal sell
Turns into strong sell at the start of the red candle right?
After the purple
@humble abyss yes, see when the candles went red?
That's just where the - tag would first show up
it's the same thing
Okey, i dont understood
@feral lava So choosing V2 actually makes it V2.1?
Why it would sometime be grey/purple right agerer
After*
š
@humble abyss that's because the Band is on and the Band is for extra confirmation
you don't have to use it
it's a toggle, an extra tool
from what i can tell, it's confusing you - so I think it might be best you toggle it off and just use normal signals for now
Alright i try
@feral lava Do I need to reset all my alerts for V2.1?
Yes unfortunately, the strong signals are identified slightly differently so there may be some issues with the old strong alerts
Will my old signals work though?
technically the first red candle
but would've been the safest entry once it held cleanly below the band with red candles @humble abyss
Thanks š
Whatās normal ____ turn strong? How is it different than a regular sell signal
Thatās when a sell signal appears, purple candles are active and then they turn red
once they turn red, that indicates the trend is very strong and likely to continue down more
Resistance lines?
Once the outside of the purple candle turns red?
if you set that alert up with the equalizer band on, as soon as the candles turned red it wouldāve triggered that alert
So I get alerts, but the signals donāt show up on the chart
Ohh, so if I set alerts for stuff like strong buy/sell, or regular buy/sell itāll send the alert on the first candle but when does the signal appear?
nope that specific alert āNormal buy Turn Strongā is for the first green candle from a normal buy signal
and vice versa with sells
the other alerts āBuy, Sell, Strong Buy, Strong Sellā are specifically for the tags that say those
Oh okay yeah I got that, but sometimes the signal paints on for me as the alert comes and sometimes it doesnāt for strong buy/sell signals
Maybe this photo will help
On the alert log it shows a 9:30 strong alert for NFLX, but on the chart I donāt see a strong signal
hmmm so itās working?
was the alert setup before our 2.1 update?
No, it was set with yesterday night (after 2.1)
*set up
Also when setting alerts is anyone else getting 3 luxalgos?
Also do you guys have an all in one buy signal/all in one sell signal
Would make it easier for alerts, also cheaper for people that canāt set up to like 400 alerts on tradingviewpremium
working on it yeah
should be updated soon
i think it'll be fully available within a couple days
@feral lava I am worried I am not getting alerts because of the new version. I haven't received any alerts today.
@wintry thicket Which asset on which timeframe?
Just bought the algo yesterday, paid for itself within minutes today, thanks devs! Question: can a āsellā turn into a āstrong sellā on the following candle, or is it confined to that singular candle until we get another buy/strong buy?
try refreshing your browser
Once you add it to your chart it will say 2.1
I am using IT on mobil
How do u get 2.1 on trading view?
I am Trying to
delete the indicator, and readd it.
Now it work
It says study not auth
Now I have 3
yup just delete all those
and refresh or even close out of browser and go back
and then add it back, and make sure youāre logged in to the account we have access to
did it work @vestal summit ?
Iām in. I was on wrong account lol
ah yupp
Does this work in after hours
What is that?
Is there a way to get the resistance lines
Drawing resistance & support lines is not a part of our script - has to be done manually. Weāre releasing tutorials on all this in the near future though @whole halo
Looking forward to the videos, any idea when those will be ready?
@lux If I select "normal sell turn strong" will i get an alert for a "strong signal"?
youād get an alert for when a purple candle turned red
same thing as a normal sell signal turning strong
But I wouldn't get an alert if it was just a "sell" signal?
no
"normal turning strong" sort of feels like in-between sell and strong sell right?
youād get an alert for when a purple candle turned red
So downloaded Webull and where the fuk do you buy shit like there's nothing!
Like thats a terrible example I've got a crypto account and and buy and sell that just nothing else
I would recommend you do a little research online about webull so you understand the app before you start buying
Does the indicator signals work in any platforms other than tradingview?
It does not
it is scripted on tradingview therefore not on the other platforms
@feral lava what timeframe do you recommende for index...
Like spx 500
on your trading style
I whant to take - 2905 - 2920 for example
On index
Witch timeframe is that
Should i use for that*
What you recommende
i dont know honestly man
I love ya example on the sen
Haha Alright ty bro
I use 4hr on spy
I am getting error while adding "Study_not_Auth"
@swift swallow Remove the script, close your browser, reopen a fresh chart and re-add
I am multiple questions in my mind. I don't want mess this window. Is it OK DM you @indigo cradle @feral lava
?
Does LUX Alog give popup on TradingView when Buy and Sell shows on Chart?
You can set an alert
yep @swift swallow are you still getting study not auth?
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
You can even have it make a sound when a signal shows up
but TV paid subscribers has openended
If I created one Buy LUX alert will work all Tickers wherever I am on chart?
Okay so
When the bot gives after hour call outs on stocks
Is that a buy first thing in the morning kinda thing ?
Take them with a pinch of salt
Are you testing Bot or Bot testing you?
š
š³
#Trustlux
Anyone know of any brokerages that let you trade in afterhours
most of them allow it
For forex ?
Oh I dont know about forrex
Question guys on the Forex Discord Tab are those just call outs that pop when the Bot tells you to put them or just at a certain time you guys post about them??
they're call outs when the bot calls them.
always check the chart to make sure the signal is there, and do a little TA before entering the trade. you don't want to enter the trade if you're touching resistance.
Doesnāt the bot recognized resistance?
it depends how far back the resistance is.
it doesnāt recognize resistance horizontal lines
signals arenāt based off traditional stuff like that
im guessing the bot only watches certain things? Like on stocks, it mentions the same ones repetitively.
hmmm
thatās a question for @indigo cradle
bot watches every possible ticker available on TradingView
It'll vary depending on the settings used š
Some of the calculations use more than 27
thanks š
Hello, I already have lux and am planning to go many more months with it, but i believe I am getting a new card sometime soon. Is it easy to change the payment method?
Hey yea we can get that sorted out
Great, I'll do it once my new one arrives]
We donāt have an option to do it automatically on the site portal currently but you can cancel & re-signup at the end of the month with new card š
Sounds good!
What chart on trade view of bitcoin closely follows Robinhoodās bitcoin? Also, which chart is the most accurate depiction of bitcoins price in real time and the past?
BTCUSD:Coinbase
not sure about robinhood, wouldnāt really recommend trading crypto on there
eh it could be ok! just not familiar with it and assume thereās high fees and itās not really meant for actually trading in & out of the market just like Coinbase vs Coinbase Pro
It said like 0-.05%
thatās impressive if thereās no fees
To my knowledge thereās not
yea idk how to pull up the chart for BTCUSD robinhood on TradingView though
Neither do I that would be really helpful
They take fees, they're hidden trust me my order never gets filled at the market price, they always take a few dollars I'm bot sure how but they do
ah
yea thatās what i was assuming pretty much
itās like trading on Coinbase vs trading on Coinbase Pro - not meant for that
Whatās the best platform for day trading cryptoās? Ik the platforms sections says Coinbase but does that apply to day trading too?
Coinbase Pro or Binance
I personally would use Binance. Cheap fees š
Thanks for the advice guys!
Whatās the best platform for day trading cryptoās? Ik the platforms sections says Coinbase but does that apply to day trading too?
@harsh token i went with coinbase pro, binance to me was more confusing but then again because it has fiat and other stuff
LUX removed these?
Correct
@swift swallow the candle coloring showcases the same thing, we thought it was an unnecessary feature because it was redundant
We did add the equalizer band and gray coloring for showcasing uncertainty and help further visually represent the trend š
What bot sensitivity adjusted to avoid fakeouts?
depends on how choppy the chart looks
thereās no clear answer
but 1.6 - 2 is a good place to look for sensitivity
I feel like the discord should send more alerts on stocks
jesus no one wants to help me out
@frosty tiger I don't know anyone who uses quest trade
@frosty tiger
I donāt use QuestTrade, but a google search came up with this.
^ most answers can be found in google
How to invite my friend to discord
How to invite my friend to discord
@swift swallow not this server, they can certainly join the regular lux one through the website. This is invite only from the Admin like Mack or Gecko or Eclipse
How to invite my friend to discord
@swift swallow
Just use the create invite link at the top near the server banner https://discord.gg/BakzXM
made $600 from VTIQ this morning !
VTIQ paying everyones rent it seems
ayyyy
@tame plover weāre looking to add a lot more alerts across all markets, especially stocks
just might take some time before we push that out
Hey so for trading the LUX software the 4H time frame Is best would everyone agree?
I agree
@feral lava what u mean by more alerts?
looking to add more to discord
@grizzled turtle How do i get a good entry on the 4H Time frame like to jump into it useing 1H time frame and be patient?
Yeah @feral lava is that possible to forex also
I hope it could be a lot more alerts hereš
Jump in on 4hr. Exit on 4hr
@grizzled turtle Okay so just watch 4H time frame and wait for the bot to confirm it and then just pull the trigger or if possible on pullback
I suggest
20 ema also
With the bot
Just personally recommende
Try and find your strategyš
^
Is the 20 Ema the one with with 3MOVING AVERGES?
No
sorry caps
Just one moving average
You can put 20 ema into your charts
For example on this dirty chart
Sorry for that
But, now the red candle broke the 20ema
Long š
And if it getting a green candle or a strong signal too
Its a magic moment for ya
But, i recommende using both
@humble abyss Okay i found the 20Ema mucht thanks bro!
Yeah nƄ
No probelm
Recommende use 1 hours and up!!
If the 20ema Get a break
And a strong signal
Just take on pornhu*
For real
But, now the re> No probelm
@sharukh.martinez#5135 i like that u use the stochastic oscillator as well. Good stuffšš¼
Yeah hell a good for pullback
Also divergence
Now i see the rsi also the stoch
Oversold and going too take tha pullback soon
On every timeframe*
thatās some crazy volatility within a downtrend
make sure itās on the same exchange?
What does that mean?
says CBOE
make sure itās the exact same ticker for both
could be listed on multiple different exchanges
Yeah they both are on SONN
How do I rest to default back to the way it was when I first signed up? Somehow mine has changed and Iām not liking it
Aye does anyone know how warrants work for a stock? If you do please pm me
or message me on here
honestly not sure @cyan hazel that seems to be a rare problem with TradingView that iām unaware of
I do
One moment š
Down in the bottom left, mine had 3 dots, and you can reset settings. On PC itās easier. š
Iām about 2 hours away from my PC. so, thatās the best I can do right now. š
You could also just copy my settings. Theyāre the default ones š
The only thing thatās not default is my cloud. I made it yellow.
Yeah I have the exact same
Those are default settings, you can always play with them to make them better. š
You can also reset to default to completely start over in case you turbo messed up
Any signal channel for Penny stocks?
I donāt believe so.
They may be under #695668653869236433. But, I havenāt seen any
Not currently
is there a limit to how many assets we can have set to alert to the discord? @indigo cradle
There is a limit of 400 alerts for TV premium
But
If it were in very high demand we could use another acc
@wise jetty we can set up stock alerts through discord?
The admins can
we're looking at adding a bunch of accounts and having thousands of alerts
Is there a list of stocks that #695668653869236433 alert to @feral lava
ill get you that list @pallid whale
thank you!
@pallid whale BITCOIN: 2H, 4H, 1D, 1W
ETHER: 2H, 4H, 1D, 1W
ALT-COINS: 4H, 1D, 1W & 2H for LINK
XRP/USD, BCH/USD, LTC/USD, BNB/USD, EOS/USD, XTZ/USD, LINK/USD
FOREX: 2H (most), 4H, 1D, 1W
GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD
METALS: 4H, 1D, 1W
XAUUSD, XAGUSD, XCUUSD, XPTUSD
INDEX: 2H, 4H, 1D, 1W
SPX, DJI, IXIC
STOCKS: 2H, 4H, 1D, 1W besides NFLX.
FB, AMZN, AAPL, NFLX, GOOGL, TSLA
perfect thanks
@feral lava that sounds like a great idea. The more alerts we get. The more money we make. The more money we make, the more people we tell. The more people we tell. The more money you make. š

we're on it
just give us some time, especially considering it's going to be manually inputting thousands of them
Iām already telling everyone, got a Twitter out about yāall. šš

Is there a place we can submit possible ideas to add into coming updates?
Nope, Iāll ask the boys to make a channel
We keep track in here for the most part & also our DM's but might make a channel as we grow bigger
Hey I like that idea too Mack š
only up from here 
@feral lava @indigo cradle @fallen mason hey guys, quick question, can i ask why no alert triggered on the BTC/USD 4h when it turned from a normal buy to strong?
both
Our discord won't alert that
And on TV you have to use these alerts if you want those
ok thanks. now im looking again and it should be triggering after this candle. so weird because i could have sworn a minute ago it showed a green candle two candles ago
anyways, thanks for answering the question.
So Ik you guys donāt reveal how the bot works, but what sort of analysis/indicators would not be useful to use in conjunction with the bot?
Ipattern recognition
Rsi / MACD
VWAP
EMA
Yeah but what about the other stuff, is it helpful to use with the bot or am I just getting the same/similar indication with the others
Not that it uses them but I'd avoid EMAs
I'd try and go for strats that forcast a movement
Like RSI div predicts before the move
But patterns/ support & resistance good?
100% ^
Yep definately
š thanks
So Iām not doing well with this BOT. Iām using the 1 min chart to trade bitcoin. I have trading view up with the bot and prime XBT to make my trades. The problem is the chart prices are not matching up. I end up losing money because of that. What am I doing wrong? Thx
what exchange are you trading on?
šthats your first problem
also, 1m charts aren't very accurate.
1 minute charts are awful
You gotta trade 4hrs or more, every now and then 2 hr charts are okay.
Its not a bot tho. Its a signal software
What are primexbtās fees looking like? @dense wasp
I tryed another one yesterday a trade on 5min
I lost 20$ on 500$ account.. so for the very best.. trade 1hours and up
Yeah no this is a swing bot
Gamblers mentality
Please stop using the 1m chart š¦
Rookie mistake
If you use the 1 min chart youāll prob lose more either on commissions and bid/ask spreads then however much you could make
Ok. Got it. But Iām a bit confused. I canāt just sit by my computer all day. So how on earth can I āday tradeā using the 4 hour candles. I tried to set up alerts on trading view but so far itās not working. Lots to learn.
If you canāt sit by your computer all day then you donāt day trade
4 hour candles isnāt day trading lmao
Youād get like 2 candles a day lmao
4h candles are swing trading
^
I should prob define swing trading
One other quick question. Iām leaving Robinhood because I canāt day trade with it (I have 12K to trade with). Is there another platform that allows for free day trading ?
For all with questions about basic trading, I recommend learning all the basics and mastering them.
Swing trading is buying a security right before a big move to profit off of it
@dense wasp itās a legal issue called PTD
U need 25k at least to day trade
But I donāt like Robinhood anyways
TDA, tastyworks, fidelity, all better than Robinhood
Start off with swing trading before messing with day trading
Yes absolutely, day trading also isnāt as profitable as people think.
You make extra money off those small corrections vs just buying into a longer term trend and spending ur time elsewhere
Day trading requires a much higher level of discipline than swing trading does. You need to have a different mentality and set of rules.
do you guys watch news and read online to find stocks you believe are good for a swing? or do you guys just use scanners? or neither? trying to get used to these 2 and 4 hour charts.
True, but in general Iāve noticed that swing traders can make just as much if not more + save time
I agree
Use both
I have just built up a watchlist over my years of experience. No need for news, books, or scanners imo
mastering patience with swing trading also can apply to real life with the same concept
I just do other stuff Lmaoo, why would I stare at the market if I donāt intend to make a trade
Enter, set alert, make ramen
yup š
Consolidation before another dump. š
low timeframe small pump
high timeframe could be beginning a trend reversal but mainly just take profit on long for now
For trading crypto do yall believe lux works best with something such as USD as your base currency or do you think it works better with a more volatile base currency such as BTC?
like trading ETH/USD or ETH/BTC?
yeah
Well it works on anything really, trading BTC pairs is a personal preference, no right or wrong answer
Itās usually a decision whether there seems to be a big opportunity specifically with the BTC pairs
also depends which exchange your on, if your spot trading to accumulate BTC specifically
interesting, thanks
I personally use USDT to pay for the bot next month š
You can earn more BTC. But, if BTC goes down 30%. You may not be up in USD.
Hi, I have a doubt. Which is the simbol for bitcoin which is in Real time for free in trading view? The one you use to show up the bot
Thanks
is there a way to enable auto support and resistance levels?
@winged cairn Just wait for our next update in the next day or two š
I'll be adding auto s/r levels and an alert for any action
you guys are awesome
ā¤ļø And of course any other features you're interested in leave in suggestions š
How Tf you do thatās
Thatās how u know ur at ur final straw with investing šš
Donāt need luck with the bot š
True dat
What line length is people using? @feral lava ? Any tips
Is there a new update for LUX?
Just 2.1 as in #šluxalgo-news channel
@humble abyss mostly everyone uses 27
including me š
Alright thanks @feral lava hope soon we Get more signals at forexš
working on it š
Fr aight nice
ripple anyone?
alts look bad
How many pairs tho? We get a lot right?
theyāve been getting weak
Depends on the timeframe and current volatility levels
