#🤝support
1 messages · Page 190 of 1
For intraday trades, MACD look different in 5,15 2H 4H, let say, if you are looking for exit in day trade, which is more accurate
I depend on 5mins, lost profits , most of the times
Yeah we dont recommend 5m hahah
Which is recommended buy and sell. Interval for day trades?
Hi so I’ve notice my signals coming in super late after moves have finished. Is there some kind of update needed to insure everything is working properly?
Read all about it here: https://luxalgo.com/apps/help-center#!hc-using-the-equalizer-band-1
using the equalizer band will help you spot these areas and have a higher probability of taking better signals
you can also increase sensitivity if you see these choppy areas in the market
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-should-i-change-the-input-settings
helps filter extra noise if you think it’s needed
Okay, I may just not have a clear idea of how the market will move and key identifiers.
Causing loss
@obtuse plover a nice strategy for choppy areas is using the S/R lines when it's ranging. buy on the lines, SL under it.
it’s also important to understand signals are meant to be used as directional confirmation (mainly)
and we don’t recommend taking signals blindly
we are releasing an article very shortly which is about risk management and finding better entries with signals
Yeah I’ve been watching the market and predicting moves before the signals occur but seem as if I’ve been wrong 80% of the time
I had one good day and then ————— 😕
do you use risk management? @obtuse plover
No I haven’t, I didn’t fully understand it but should probably spend more time studying it
definitely, did you read my explanation of it? i can help you understand it better.
This for instance. I believe this is a retracement after hitting the support but I’m not 100% sure
how i would play that trade, is a long with a tight SL. try to get it as close as you can to the support
what pair is that?
it actually may be correcting though because of that WIDE EB. 😮
I would wait for a clean break below the Equalizer band and enter short on a retest and use the strong sell signal as directional confirmation
^^ also another play 😄
I think I’m jumping the gun to early in hopes of a great trade
mediocre trades are just as good. 😄
here's how i played that pair a few days ago. 😄
snowwy closed an 80% gain on this position 😮
🥴
this is my favourite tool on tradingview now. lol. i love to measure my risk to reward
my goal is always a 3 risk/reward ratio
I see, and for something like that how would you figure which way the market it moving. Looks more like a consolidation
definitely. i use the 4H for confirmation of which direction the market is moving, and smaller TF for entry
so for that trade we bought pretty close to where it hit resistance.
Gotch ya that’s what I’ve been doing as well but seems most of the the main pairs are pretty choppy right now
Definitely. You don’t always have to buy off a signal. Signals aren’t very useful in choppy areas. I personally use S/R lines & EB for choppy areas. I should know. crypto has been in a choppy area for like the last month 😂😂
like... FR, 26 days
Anyone know why us 30 on trading view is different to trading 212?
Your broker probably fast bro but it does look accurate answer me
If you look on top
You can see that it’s on 25535
25635*
But on my broker it’s 25491*
I don’t understand
which platform do you guys use for forex?
Oanda is good
this is my favourite tool on tradingview now. lol. i love to measure my risk to reward
@wise jetty What is the name of this tool?
It’s the “Long Position” or “Short position” RR tool built in
It’s truly an amazing tool 😄
Hey, if you cancel subscription do you receive a confirmation text/email that you’ve canceled and won’t be charged?
@ripe saddle you should be able to see it on your account on our site and you can always email support@luxalgo.com to make sure
Ok thank you 👌
I tried setting up alerts in tradingview and I keep getting an message that says "alert saving failed. Please try again"
I followed the steps in the Luxalgo setting up alerts page, but it's not working.
Are you on PC or mobile?
Not sure about that error message, definitely a problem on TradingView’s end
I've tried both lol. Would obviously like to do mobile. There's an option on the PC version to send the alert to the app, but both options give me that error message
Also, how do I get alerts for this channel? It says I can't because the server is muted
Hi Team, I joined VIP and got a message that they have given access to invite-only script, But I don't see them .. Can you help me?
support@luxalgo.com - we replied to you @round hull 👍
@dry vault for TV i’m really not sure myself as i’ve never seen that error. for Discord go to notification settings and you should be able to make that channel an exception to be unmuted and allow push notifications
@feral lava Thank you 🙂 Replied to the mail
I found the discord notifications setting. Thanks. The trading view alert sucks though. It's the one most import thing I need!! Lol
@wraith kiln I’ve just switched over to oanda and using the trading view plugin/ connection do can place orders direct from charts with algo and TA in front of you...great so far
@round hull oh we got big trader here
I am no Big trader @zealous plover 🙂
Hey @wise jetty , is it possible to get alert on 1 hour chart for myself ? Can i do that ?
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
Thanks @wise jetty done
Nice 😄
I received a mail 2 days ago saying my card can't be charged. I try to log in my account to update my card, but the site says that an account with that email does not exist?
when will i be able to see the lux in my tradingview
Done, thank you
hello everyone! what's your favourite sensitivity settings? or maybe you prefer using candles optimalization?
@torn moth Depends on the time frame and asset 🙂 Every asset is different 🙂
For smaller timeframes I prefer a higher sens
Personally
yes I've noticed that too
Depends on your style of trading
Because smaller timeframes are noisy
^
For smaller timeframes you'll find the oscillator helpful 🙂
so generally – smaller timeframes: high sens, bigger timeframes: lower sens
Yep basically but finetune it to each asset 🙂
And for lower timeframes try out the oscillator
It's more responsive for scalpers
And you can adjust the length with very little signal delay 🙂
ok thank you! 🥰
Placing orders through TV brokers?
I am totally unfamiliar with this sadly 😦
Dang ok no worries
Where are LUX alerts?
!scanners
Everything you need to know about our Automated Market Scanners in Discord: https://luxalgo.com/apps/help-center#!hc-automated-market-scanners
How to add a lux alert in trading view?
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
I never see lux in the condition drop down
@indigo cradle do you guys have any tutorials for the lux oscillator? something like how to understand it and such.
@indigo cradle thank you!
Do you have stock screeners? I know you have that scanner, but looks like it's only for a few stocks. I'm looking for something that will show me ALL the strong buys and strong sells with stocks when they happen
Nah not currently @dry vault but if you have some specific stocks you want to request we are going to make a strong only channel I believe for y'all
It really does seem like the ultimate feature that would put your service over the top would be some type of scanner on your website or somewhere that allows for users to scan for recent signals for any stock in a chosen time frame.......I can imagine that would be difficult to create from scratch. But seems like everyone I talked to, that’s the thing they would love the most.
Trading view makes you pay to add more alerts......I’m thinking maybe you guys can charge more for this ability. Have users pay you instead of trading view.
@dim quail Don't you worry 🙂 We are always listening and working on things you guys want 😉
We want to save people money on TV alerts
Anyone know if us 30 is going to go back up today
Mainly blue chips. I don't really deal with penny stocks or companies I've never heard of. But today I feel like I missed out on BIG and GPS. I've obviously heard of Big Lots and Gap, but would have been cool to see a strong buy signal this morning. I never even thought to look at those companies
well GAP was news i think
some deal with Kanye West or something lol
cant predict those
news bot would be cool
Yeah, I know about the deal with Kayne, but it showed strong buy in pre market. But I had no idea
So if I saw it was up in premarket and saw why, I would've jumped in
@dim quail Looking into being able to code a custom Discord bot that gives a list of recent strong buy or strong sell signals based on commands
think that’s the move for this
what trading app do yall recommend
Think or swim
Think of swim for sure
if u dont mind me asking, why?
Really great interface, built In CNBC , easy to use charts and indicators
Or tasty works. (I use both) try a few out and pick one you like. All have diff formats.
Think or Swim is free as well and has paper trading as well as simulated trading built in as well to practice
i thought the top were like webull, TD ameritrade, E*TRADE
TD ameritrade is think or swim
is all limited to 3 day trades unless account is over 25k?
For margin account correct
But that’s a general PDT rule not something specific to a trading platform
No worries haha I’m a beginner so I always have questions
I’ve lost £509
do you use risk management at all? @cinder linden
Damn
Forex?
Us 30
See you wilding
Following the strong signals but when it says strong signal I press sell and it would just blast back up which makes me want to pull out
did you enter short too late??
There was a strong sell like 9 candles ago on the 4HR
I’m so upset
That’s one rule I follow to the bone
Never trade on a Friday and with gold and us30
Then I trade us on a Monday and someone’s going to tell me us is the worst to trade with on a Monday
Nahh us30 was a good sell I ran it on my demo you just caught the drawback
it's optimal to enter on the candle close of the signal
Man I wish I could get some help
That’s what most of these pairs do. You can get a signal for a strong sell or buy but that drawdown smh
it's never good to chase or FOMO into a position, it'll always most likely lead to a bad trade
Since there’s a lot of bad news out there I thought it would just drop down gradually
But it just had to go back up as soon as I put a sell signal
Really upsetting
and you need to optimize risk management on every trade so it is impossible to lose that much
we're about to release an article
That’s why I’m glad I study all the pairs before locking in and with extra confirmation I will take the trade
very soon on exactly this
But the shares I trade in 1 second can just drop to $50
@cinder linden we all make bad calls now and then it happens
Come back next week heavy bro
Looking like a buy right?
but good for intraday trading
Ok so looking at it for a day?
It’s moving quite slow
Not really sure what to look at right now
do you day trade?
WCAGY going to do one of those crazy dumps then rocket out of the blue for no good reason?
I don't know what I toggled, but my buy/sell signals are appearing on the Oscillator window but not on the main chart. Is there a way to switch this back?
Try to remove everything and add it back, it’s a glitch by dragging them on top of each other
and once you fix it, save your chart layout so it doesn’t go back to the glitched version
I just got the bot and I have been experimenting with different setups and I was wondering if anyone had advice on what their optimal setup (timeframe etc) for day and/or swing trading
@feral lava got it, thanks
Try to remove everything and add it back, it’s a glitch by dragging them on top of each other
@feral lava how long it takes to activate software , i bought 24H ago
@lyric locust Give support@luxalgo.com an email with your username 🙂
@lyric locust Give support@luxalgo.com an email with your username 🙂
@indigo cradle cool ,thanks
What does a green candle with red outlines mean?
Candle body is all that matters in our system
Wdym?
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
I wish someone can help me out with trades next week this week has been really upsetting for me
But if people help you out how can you trade for yourself?
👀👀👀
So purple candles mean tread carefully, direction is unclear, but what do gray candles mean?
I am not sure when to enter the trade. Suppose strong signal is at 1$ but by the time you enter the trade, it already above 1$
Anyone could help on this
!terminology
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
!overview
Youtube Overview: https://www.youtube.com/watch?v=Z2eahXhp-Xo&t=307s
This is a detailed video that covers the signal terminology and toggle options in our trading system, Lux Algo V2. Learn more on our website: https://luxalgo.com
article about risk management (coming soon) includes a new strategy on entires
How much money you suggest to start trading forex
500+
I don’t understand how a stop loss works, most of the time it drops to around $20 and then jumps back up
If you put a stop loss and it passes the $20 limit and then jumps back up as soon as it hits the 20 loss
I don’t really understand
Well let’s say you place a trade without a stop loss and overnight there’s a trend flip and it doesn’t go back up😂 you’d be fucked
You're saying you keep getting stopped out?
Because the signal is not to be followed blindly
Like:
You look at the chart, you make up your mind. You check Lux. You see the signal agrees. You aim for an entry, set a stop and go
When you you find the best time to jump into a trade?
@cinder linden are you new to trading?
Yeah
How do you check what day is your monthly renewal on?
Via logging in to your account or just contact support@luxalgo.com
How do set up v 2-3 ?
!guide
Quick link to our User setup guide: https://luxalgo.com/apps/help-center#!hc-user-setup-guide
Okay so if I have it on 30 m how many days will it set it to?
I got it I have it set to 15 m now
So you have it at 15m 1D?
Yeah
How did you change the number of candles?
Yeah I see that now
On the bottom drag it
Oh I see I thought it was an option
Ohhh okay so sell banner can also be buy puts and buy banner sell puts?
Is there a way to set up an alarm to tell me when to buy and sell?
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
For buying put options how does it work?
So we can only have one alert at a time?
Depends on your TV membership as to how many alerts u can have
@feral lava I would like to renew my subscription. Will you honor my previous price? I couldn't afford it when it was due.
yes definitely sign up within the hour (before we increase price) or contact support@luxalgo.com
My algo says study-not-auth
remove and re-add / refresh browser
and make sure you're signed in on TradingView too
Does it have to be done on a PC first?
no, works on mobile to setup
Hi how do I turn the Oscillator on in TV mobile app
Hi how do I turn the Oscillator on in TV mobile app
@weary rune go into indicators/invite only scripts and then click on oscillator it should load for you
Hey support. If I look at btcusd on my TV acc it showed a strong sell however the bot (BTC) mentioned nothing at all... Am I missing something here? I am on the 2hr chart. Thanks
@arctic rampart thanks
@weary rune You'll find it under invite only scripts 🙂
@arctic rampart Is the candle closed?
Does my subscription automatically get renewed?
yes
hello, where can i find the information about the candle colors?
!terminology
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
ty
when I set up my charts with Heikin Ashi candles I get the current price on the chart (right hand side) but the line is drawn on the Heikin Ashi price. I have it set up to show the real price on price scale (instead of the Heikin Ashi price) but the line stays on the HA price and not the current. Is there a way to fix this? Should I be using HA or regular candles? Should I use the candle candle optimization with regular candles or HA candles? What is the best set up? Thank you for the input. Take a look at the screen shot below showing the current price and the HA price line for better understanding.
!ha
this article goes in depth on this ^
we recommend HA candles because it helps reduce as much noise as possible, where the line is & that current price is the exact price you’d see if you were on normal candles
I am not getting why the price is at $0.80 but the line is above $0.90.
The price on the exchange?
it could be your looking at special hours & the market is closed?
That green line is is the current closing price of the HA candle. The green label is the real closing price.
which timeframe and asset is this?
Let me check
time frame is 4H
Asset?
it does it on the 1D line as well. not just this stock, almost all of them
take a look here
here is another ticker for reference
So you're saying there is a big price difference?
Here is the normal chart for OPTT
You can see huge gaps everywhere
HA takes averages
Taking averages from data with huge gaps everywhere will create large differences between HA and value
This wouldn't occur with most other assets
The data is really bizare for OPTT
It seems to be a lil corrupt on TV
For now I suggest avoiding it if possible
I am looking at apple as an example and the same thing is happening.
yep that's all fine?
thank you for the help and support. I wish there was a way to put the line not only on the HA price but also the current price in different colors.
it's just annoying when you have OCD
yea totally, no@problem. this is definitely a bit rare of a situation due to them falling pretty hard over the weekend, if you go to lower timeframes it should appear more accurately
on extended hours ^
but when the market is open this isn’t generally something that occurs often because the next candle will print and things will update
I understand now...Thank you so much!
no problem!
What’s the best time to set it to for it to work best with robinhood?
Markets & timeframes Lux Algo V2 work with: https://luxalgo.com/apps/help-center#!hc-what-markets-timeframes-does-this-work-with
@queen onyx When you say “setting the sensitivity higher” what would you put it at say on a 5-min time fram?
#706894045556899933 on the asset & volatility @mental light - there’s no straightforward answer.. but generally for the 5min or lower timeframes, it can help to increase sensitivity to 1.5-2 range because it’s usually a bit choppy on low timeframes
When you Guys get a chance can you chance the SPX indices. You guys have it like to the wrong one when the discord bot calls out it’s signal. It’s should be on the “SPX500USD oanda” not the “SPX” TVC
@feral lava @indigo cradle
@feral lava Okay thanks. Can you very short explain what it means to have higher sensitivity? Does it mean that signals are getting triggered faster?
They’re getting triggered slower
less signals, more confirmation of the trend, higher Win Rate
@wise jetty Got you. That means you’re also not exiting as fast I suppose?
That’s true, less profit per trade. But, higher win rate. So, you should in fact still make more money than with lower sensitivity
@wise jetty One more question. When I put the sensitivity highter more signals appear around the same signal. I.e. I see a lot of red sells and orange sells around same are or green buys and light green buys right after one another. What does that mean? Does the Algo want you to add to your position or something?
area*
What sens are you using?
1.5 instead of 1.15 on 5 min chart DAX
try 2
looks like you have two sets of luxalgo on your chart
Oh yeah, fixed now thanks man
no worries
How I can get real time alerts of specific ticker?
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
I think that one
lux is better for stocks or forex?
Good morning...wondering...with tradingview...after i set up an alert for the charts (say 2 hour trigger)...does the charts always heave to be running in the background...or could i shutdown trading view and still get an email alert or chart pop-up when signing back on or bringing the chart back up...
I'm trying to setup an alert
But on your link you have open ended but I am unable to to click it
When I do click it
Open-ended is only available for premium TV
How do I get the oscillator on the same page?
add it from your Invite-Only scripts
When I click this comes up
yep just remove other indicators and then add it
you have other indicators on your chart, TradingView only allows 3 for the free version
How do I do that
go to your chart and find them and click them and click “x”
This is where I am at now
Left up corner
yep the problem is you need to remove those duplicates
click them and click “x” (on two of them)
then you can add the oscillator
Ok I have removed them all
add Lux Algo V2 and Lux Oscillator to your charts now, it should work
@red olive thank you
@feral lava thanks i got it
Do I have to manually do this with every chart?
no, it stays
just find how to save your chart layout though to be sure it does though
Will DM if I cant figure it out
Looking for suggestions for ES futures. Currently using a 10 minute HA style chart. I read its best to change sensitivity to 1.5-2?
only if you think it needs to be changed
would the increased sensitivity reduce the flashing of a signal before the bar closes?
no, it reduces the amount of signals to help you navigate through choppy markets
okay..thanks for the explanation
no prob!
Hey @feral lava did you guys see my message from this morning about SPX
I'm comparing the "sample charts" of the spx 15 minute time frame to mine. Same settings..how do I reduce the number of signals on my chart? Here are the screen shots...
It's the 2h chart
Yes I am zoomed out. I was looking at the time/date in the bottom. The white chart shows 24, 25, 26 etc... I thought maybe different time scale...but it's 15 minutes which seemed strange over those dates
how soon do support and resistance lines show up on the chart?? is it when the candle closes or does it take some time?
15 bars i believe
For those who are experienced in FOREX, which pairs are correlating the least that you would be okay trading at the same time?
I’m a fan of taking advantage of one currency across several simultaneously
Id like to know that as well
If you are new to forex just focus on 1-2 correlating pairs
@weak sage isn’t the point not to have them correlating, so you don’t increase variance and thereby risk?
The point IMO is to master learning 1-2 pairs before trading several
The problem is a lot of new traders try and trade every pair or several pairs. It’s hard to start that way. I know because I did it. I trade to trade all forex pairs, indices, crypto, and stocks. I wasn’t a master of anything. I’m still not. However, this year my trading has made leaps and bounds because I focused on one asset. I focused on NAS100. I don’t trade anything else or look at other charts. For the first time in 3 years I found true consistent trading. I started trading NAS last year but this year it’s all I trade. I day trade it. One of my mentors in life and trading asked me what was I doing that was preventing me from the success I wanted. I told him and then he said something that changed my outlook. He said you only need to master 1 asset to get rich. And I come to find that to be true. In the past 6-8 months I have talked with 2 traders who found huge success with just focusing on 1 asset. One focused on nothing but NU and the other GU. Both guys made well over six figures in 2019. So that’s all I’m saying. I’m not telling anyone how to trade. I’m just saying try limiting your focus early on and then if you wanna trade 30’assets that’s fine.
Brilliantly put
okay so when i try looking up forex currencies on trading view i can only see it in the 1 day time frame
any help?
There should be timeframes at the top
@weak sage what broker do use? I am having trouble finding one that allows US citizens to trade it
I have Hugosway but have had them for a while
i click another time frame and it doesn’t change it. it stays at 1 day
You can try lmfx
I’m not sure then about why the time frames won’t change. I have a paid subscription so I’m not sure why it won’t let you change it
try refreshing screen @gilded acorn - or make sure you are clicking a normal timeframe like 1H
never rlly heard that happen before ever but TV sometimes has glitches
soetrading i think that may be one of the best pieces of advice i've heard
I wish 8 could try robinhood or td ameritrade but they only allow us residents
probably for that specific ticker you can't use intraday. not sure
@iron lodge I have been in this game for 3 years and it took me a while. I’m no expert which is why I am here. I’m always seeking something to help me become better. But there is a misconception that people need to trade a lot of assets to make a lot of money. Become a master of one instead a novice of many.
I posted a couple of screen shots above. I am trying to match my time frame and signals to the "Example Charts" post of the SP 500 Index. Notice the white chart has a high in the 3150s... The chart says 15 minutes over a few days. When I load up a 15 minute time frame a have way more signals. Will a different data provider provide different signals? I am unable to match the white chart. I must be missing something...just cant sort it out...here is my 15 minute view vs. the posted white charts 15 min view...thanks for any input
more zoomed in
yea it’s OANDA vs Nasdaq
Oanda for SPX makes a huge difference
which is really weird
So is Oanda the best one to use?
Yeah Oanda is 24/5 like forex.
honestly couldn’t tell you but SPX the first one we posted on TVC is the most popular
the normal market
Oanda is a good platform, but yea a little weird in this case
mainly meant for forex and commodities markets (oanda)
Hmmm. I noticed the HA candles are even different
Yet price action is the same
Signals it much different based on data providers I guess
in this case, it's specifically becasue of Oanda's trading hours which are very unique.
!ha
Heikin Ashi Candles explanation: https://luxalgo.com/apps/help-center#!hc-why-heikin-ashi-1
So is it recommended to use the TVC data...is that their free one? I have trading view linked with oanda, but if the signals are messed up that's no good
up to you
it's not necessarily messed up data on Oanda, just different since it's different market hours
The signals don't match however under the same time period
yea, that is strange
So I want to use what the team uses when they test it
on Oanda it's the same data though, so you could still trade it regardless
Seems like many more signals 'noise' with oanda
if price is 3005 on Oanda, you'll trade 3005 on Oanda but yes that is a bit strange and might be best to avoid it
What data provider.is used to test the algorithm
we test it across every market, on the most popular platforms with tickers directly on TradingView
Using their free data service?
I can't remember what it is since I've linked oanda long ago
TradingView is real time data for pretty much everything
Is it TVC I don't know what that is or NASDAQ data?
The white chart posted above says TVC whereas mine is Oanda ...I may need to switch
TVC is the most popular SPX ticker on TradingView i believe
View the charts per the exact ticker you are trading and you won't run into any problems
If your on Oanda definitely just trade the Oanda SPX chart, regardless of how weird it is
Okay I will play around with things. I just signed up Friday but this was the first thing I noticed when comparing alerts on here vs what was on my screen. It just seemed the oanda gave way more alerts then what was being posted
you could also adjust your sensitivity to reduce the amount of alerts you're receiving.
the default is nice. But, i personally prefer less signals. So, i trade pretty volatile assets. i suggest 1.5 or 2 depending on the asset.
you can compare the sensitivity levels to how it reacted to the stock in the past.
Ok thanks for the tip
no worries. feel free to DM or tag if you need any help
How do I make it so it comes as alerts again
so what comes as alerts?
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
yes, that's "alert any"
Oh ok thanks a lot
no worries, make sure to select your timeframe before setting an alert
I’m not sure if I’m understanding it
I put in a strong sell for 3 minutes and I lost £100
@cinder linden You seem to be following signals blindly
You need to do TA
And confirm with Lux
And what timeframes?
you used the 3m chart???
Yeah
Omg
We make it super duper clear people should not be following these kind of signals on those timeframes
I don’t know if it’s just me but whenever I do anything it breaks out
I’ve lost over £1300 in total
It didn’t break out for the past hour
Please, I beg. Don't use the 3m...
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.
Look at this ^
Trading the 3m is totally gambling
Just because some guys can make it work does not make it viable
What’s the most accurate timeframe
1h+
And what else do I need to check before placing a trade
Ah ok
You should look at RSI and S/R
How do I do that
Do what?
How do I get the rsi
did you get it all sorted?
Your account supports only 3 indicators
Yeah so you've added too many indicators
yes. you have to delete one.
I got alerts
And
One alert lux and something else
I’m so confused
Why the hell does it break out every time I place a trade
because
It's the 3m chart
On a sunday night
For the US30
It's basically trading suicide
i can tell you exactly why
bears are trying to push it down, failing, bulls came in and price started to move
It’s like every time I place a trade
Even during the week
!friendly
nice support draw across, bears not really moving price,
You can’t trade just blindly too, sure there was a strong sell, but there could have been a big support area there
and maybe there was bullish divergence building up on the oscillator?
Even still, trading sunday night on the 3m chart ain't a good idea
I’m just so upset the fact I lost a lot last week
Trying to gain back but idk what to do
also, risk managemetn.
what type of risk management protection are you using? this will help limit losses
So if u have high funds in your account
How do you put a stop loss
If it makes one move
And you’re down like £200 instanly?
SL is placed before it makes the move
If you are losing money consistently, you NEED to stop everything, reassess and learn from what’s happening.
see, my SL is at the bottom of the red zone
if it breaks my triangle, my plan didn't work out. i risk $16.50
Do you trade with all your shares or
Negative. I have a $50 position in this
Oh
So if I want to gain my money back what’s the best way to do it
Sometimes my brain flies out of my head and I place dumb trades
Which also makes me lose
Plan out your trade.
see my current trade? it's planned out, i have my support, i have my SL, i have my first TP
Should I just stick to 1hr timeframe
Well, you win some... you lose som
i try to stay away from stocks that like to do that
Ahh
i switched from BTC to ETH because of that reason
I only trade with us 30 because it is the highest leverage I can trade with
1:20
And others are 1:5 and cryptos 1:2
OMG
It’s like whenever I want to place a trade
how much of your account are you risking per trade?
oh lord
Yes. But, how much are you risking?
Hey I am pretty new to the bot and I had a question about the red and blue support/resistance lines. When do they appear on the chart during live trading?
i can play with a $500 account and only risk $50
Bro legit it was going down hella
10% of your shares
And then I placed a sell
@distant ruin yes, during live trading. i think they're placed at the H/L of within a 15 candle period
Would the blue line extend outward at the point my cursor is at?
Hi and thanks...If I set an alert on Tradingview on say a 5 minute chart with a different sensitivity than default settings, will the server remember the new sensitivity even if chart isnt up and running or on different sensitivity chart thats currently running?
yep!
Yes sir 🙂
thx
No I’m just showing that whenever I do something it breaks out
Just wanted to know why it does
ooOOo
Purple circle
I have no clue what you are doing
Ok so basically before I was talking about how whenever I sell or buy it breaks out
And that’s the example on top
Are you asking why a trade is going against you?
do your own TA
Ah ok
And I’m trying to put a support and resistance on my
Tradingview
But it says
That I’ve already used 3 and I don’t Know what I’ve put
you dont need an indicator for support and resistance levels, you have this setting in lux
If you are using a free trading view account it won’t let you have more than 3 indicators on a chart at once
I got an alert on my chart on the candle close. I have it set to once per bar close. I refreshed to chart and now the alert moved. I even got a text for the alert.
I got a buy alert on NaS100 m5 Oanda at 15:40. Now the alert is on the 16:40 candle
I haven’t changed anything. I set the alerts before the market opened
hmmm absolutely 0 idea why that'd happen
Because the conditions for alert and tag are identical
So if one happens the other would happen
I will monitor other alerts. I get them sent via text to time stamp them
Yeah and if it happens again lmk
Will do
Yeah I even looked at the creation time and it was at 14:54 which is before that market opened.
Was it a closed candle?
Yep
I’ve never seen that happen 👀
Once per bar close
I’ll keep my eyes out
I saw it on the chart and even saw other candles print. I hit refresh and the alert went to a candle 1 hour after the fact
But I’m keeping my eye out
@jaunty perch waiting for your video
What timeframe and sensitivity do you guys recommend for trading stocks?
1H+ and up, default or a raised sensitivity depending on volatility
Just waiting for my video to upload then I’ll drop the link here
cheers 😄
I’m other news gbpusd is a beautiful buy for those who see it
i'm already in and up 20%
😄
paper trading anyway
don't have any cash in forex yet
I feel you
25* leverage?
Risking $2.16 to trade
0.25 in mt4 means $2.25
If I had 0.01 that will be 10 cent
ahh okay. i don't understand forex too much yet. mainly why i'm still paper trading it.
and, also trying to allocate funds for it. 😛
That’s cool bro
Nice call out
Funny I have the same tp lol
@wise jetty I agree
tbh, if this is a true rejection. This might touch 1.26370
I see US30 going up till 25500 and then heading back down but we’ll see
If not I have other tps to secure a bag
My alert moved again
which asset?
Nas100
it was the same asset both times?
okay, let me pull it up
send me a screenshot of your screen please
that way i can have the exact same setings
When is a signal confirmed? https://luxalgo.com/apps/help-center#!hc-when-is-a-signal-confirmed-1
The first picture was when I reloaded my chart. The second picture is when I mentioned that the alert had moved before
Yup, first chart is Heikin Ashi candles
2nd is normal candles
there are differences in signals between the two
Got it
clean eye MACK 😄
If you use “Candles Optimization” on normal candles, they will appear “near-identical” but still not exactly the same
So if I have the HA candles on then I don’t need the candles optimization clicked right?
We recommend HA candles mostly though, it’s helps capture the trend better and avoid all that extra noise.
correct
Yep
Ok cool. Thanks. I deleted all the alerts I had and gonna set them on the HA candles now.
No prob 👍 and yea all of our Discord alerts are set on HA too
Yea I gotta fix the video lol my bad yall but it will be share here soon
Thanks man can’t wait
cant wait
How can I get the candles to look like this exact color. Just like in the chart examples on the website
it should already be the same color
ayyy
About to watch now
DIdn't want to put in youtube was trying to link up with Vimeo but Youtube will be there temporarily.. The gems in this video are too good to keep it there. But yall have fun and let me know what yall think.
loving it so far, shows good strategies and how the signals can be used well as CONFLUENCE :)) good stuff man @jaunty perch
ur definitely gonna love this next update
Ohh I know yall something nice cooking up over there and thank you
love it
Good stuff so far
Guys Tommorow is red ??
Also my strategy works well for scalping the market for those who like to scalp
Also patience on a demos people I’m not lying what I show y’all will keep y’all in profit with correct risk management
Yep see #695732700991979601 channel @misty shell
Where can i find a discerption to the LUX ALGO parameters?
!terminology
Lux Algo V2 Signal Terminology: https://luxalgo.com/apps/help-center#!hc-signal-terminology-1
Hi guys
Has anyone already set up a trading bot on the lux buy/sell signal to see if it's profitable with it?
!auto
Will it trade for me automatically? https://luxalgo.com/apps/help-center#!hc-will-it-trade-for-me-automatically
we don’t recommend, wasn’t exactly designed for that purpose
Alright
I will give a try with a small account just to see, and I will let you know guys if I find a profitable timeframe for that
@indigo cradle could speak more on the topic but just understand we did not design the system for automation, it says a lot in our resources signals are not meant to be taken blindly and it goes in depth on how signals are meant to be interpreted in certain situations, etc. @keen fossil
As long as this is a small / paper account it’s ok to experiment though 👍
I don’t think you will win a lot with automatic trading. For me looks like 10% of profit that you can make doing it manually
Yeah regarding automation it's a complicated area
Technically you could make it profitable with a 30-40% win rate
If you used the correct R;R
But designing the SL and TP system is a whole different area
Should "Candle Optimization" be used only with regular candles or does it have a positive impact on Heikin Ashi aswell?
For HA candles you should increase the sensitivity not use opti
What sensitivity should I set it to? Also am I good to go with regular candles + optimized candles or should I tweak some other settings if I prefer the regular ones ?
Right, some tools are supposed to be used in an intended way though 🙂 So I'm just checking if I'm using the tool in the right way
We have sensitvity so users can set it to whatever works for them 🙂
So feel free to mess around with it
no suggested values
Aight, got it, thanks!
loving it so far, shows good strategies and how the signals can be used well as CONFLUENCE :)) good stuff man @jaunty perch
ur definitely gonna love this next update
@feral lava when's a new update coming?
When they release it you’ll know in the #👀luxalgo-news section
I'd say you can expect an update in the very near future 🙂
We just need to write the content for it
@jaunty perch Rlly nice guide btw
Nice strat
Thank you boss
Hi i have setup an alert on TV does it send you a push notification or do you have to be logged in to get it?
Push notification if you set it up 🙂
this is index
Hi guys
You see the bot signals on stocks
If u see the bottom one at 9pm
The market closes 30 mins after so when it says 2H chart
those are just the signals that appeared at market close, does not necessarily mean you should blindly take them at market open
Understood ok thanks
We announce as they are about to release
v2.4 is on the way, and should be out within 2-3 days max
wow instant reply...
😎
thank you 👍
no prob
Hello admin, which is the best timeframe for forex?
Markets & timeframes Lux Algo V2 work with: https://luxalgo.com/apps/help-center#!hc-what-markets-timeframes-does-this-work-with
depends on your price action
Using 1H+ timeframes is generally a good idea yes, just don’t risk more than 3% of your account per trade
and yea ^ it really depends on the market
our next update specifically is meant for helping with these questions
Ok very good. This update if i red good will be release during next days?
2-3days
Great
Any settings changes to be made for scalping guys??
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-should-i-change-the-input-settings
we recommend if you're scalping on 5min or lower to consider changing sensitivity a little higher to reduce extra noise
It would also be a good idea when scalping to utilize the equalizer band + oscillator for extra confirmation rather than just relying on the signals @tulip osprey
why is my tv going about 15 mins behind thinkorswim? anyone else hve this problem
is it a futures contract ticker?
no otc stock. large caps were working fine
I know this is a question asked a lot but I need some help understanding the algo. Buy/ Strong buy shows up when ? I mean how do you take the entry? Is it the closing price of a given candle ?
@indigo cradle
A strong signal indicates it is smart to “look” for a long or short entry
so depending on your own analysis you could take it right away, or wait for a pullback to enter in
we’re releasing an article with a new entries strategy within 2 days though (been working on it for a while along with a new update)
Makes sense.
🔥🔥 in twos days you all will be smart traders
Equalizer band helps with entires
Push notification if you set it up slight_smile
@feral lava how do I set up a push notification on TV so it appears on my mobile app
while setting up the alert in TV there is an option
Ok thanks
Hey, is it possible to set up my own "stock bot" like yours but I can customize the alerts that it gives me?
Do you mean Alerts for any stock pair?
kind of. Like you have the bot scanners in discord that will automatically search and alert on discord. I am wondering if I can set up my own stock bot scanner as well with my watchlist
!alerts
How to set up alerts in TradingView: https://luxalgo.com/apps/help-center#!hc-how-do-i-set-up-alerts-on-tradingview-1
if you have the paid version you can setup more than 1 on tradingview
that will be your bot scanner
Yes bro just read that article and it will explain everything to you
Does the program work after hours too?
if you're scalping what sens is recommended
!settings
More info on changing the input settings on Lux Algo V2: https://luxalgo.com/apps/help-center#!hc-should-i-change-the-input-settings
Hi Is there any way i can automate this on MT 4 as algo trading ?
!auto
Will it trade for me automatically? https://luxalgo.com/apps/help-center#!hc-will-it-trade-for-me-automatically
damn, lol. i was just checking what i did wrong 😛
Hi not getting signals on Discord again could be server issues like last time
server is under 2,500 limit so push notifications should be working.. looking into it though
Trading view seems to give a delayed market value when I compare to trading 212 and therefore the buy and sell signals received by Luxalgo are not accurate true to realtime market since I'm only getting the signals a considerable amount later and it seems that depending on the window selected this results in a loss.
I have tried to use the signals and so far has it never given me the signal quick enough that I made a considerable return.
I've only made a loss so far.
I use trading 212 due to being in GMT time zone and tradview and market watch for example are different zone the values are not the same .. anyone know how to fix it ? I have attached screenshots of trading 212 and same time from trading view so u can see the values are different hence I'm unable to place a realtime order
!data
Can I see everything in real-time data on TradingView? https://luxalgo.com/apps/help-center#!hc-can-i-see-everything-in-real-time-data
@dense oak read article above ^
you should only trade the ticker associated with the exchange your trading on too
so that you do see the correct data
@feral lava thanks
How do I find which tickers are real time for both 212 and trading view ?
For WDI Trading212 data is not directly available on TradingView so it could slightly vary, i’d suggest using a more popular & accepted broker that provides data everywhere honestly because that’s likely to continue being a problem
it’s nearly the same but i could see it being a problem
also definitely utilize Heikin Ashi candles and probably don’t trade on the 1m timeframe @dense oak (based on your screenshot)
What is a more popular and accepted broker ? Any examples please
#704043568079306802 - but check on TradingView per the ticker what exact exchanges are supported for most of the tickers you want to trade
Does trading view have a option to select trading 212 ?
So it shows me which tickers I can use
From what I know it doesn’t exactly provide their data specifically but it’s near the same usually
So Robinhood would be realtime to the bot?
How do you guys find the right stock
I believe they would have more precise data than Trading212 but i’m not 100% sure as i don’t really have much experience with them
Also I'm based in the UK so getting access to robinhood is not possible as I'm like 2200th in the queue to get early access
@cinder linden make a personal watchlist and have patience waiting for a setup
ah i see @dense oak
i’d also suggest searching it up on TradingView
this isn’t really something we have the most knowledge of & i’m sure they have the answer
What stock makes the best movement
Im struggling to find a stock
As i was focusing on us 30 but it doesnt look in good shape right now
@cinder linden there’s no magic stock that makes the best movement it all depends on the market conditions, some are better than others on different days
I think the bot is not going to work for me as it's more for US based ppl .. and as I can only use trading 212 and with the delay it wont be good ...
Do you know anyone who trades from UK using the BOT ?
Search up on TradingView @dense oak about Trading212
does anyone know of any brokers that are good to trade indicies? I live in the US and im trying to look for a trusted broker
Forex market is snail at that moment looking to make some cash
But how do people find the right stock? any tips?
Semi eater in the near future we want to try and make this process easier ☺️
I cant do any of those..
Im looking for a broker that can do indicies. i live in the US....
Are you allowed to place unlimited trades when trading
like
theres no fee right?
@cinder linden please use google for this, it all depends on your broker & your location, we can’t help here.
Try to keep this Lux Algo related

We’re working on more educational content and resources but these type of questions should be done on Google as it’s very simple and a question based on only your situation too
@indigo cradle trading 212 and tradingview dont seem to show the same figures .. please see example of TSLA
Please check the time
0.25 dollars difference
Oh 0.25 dollars
And I noticed on some stocks the diff is higher
You use TV free?
Yes free TV
I mean they claim pro TV has a faster data flow
But I'm not too sure about the difference you're seeing
Is this mainly on lower timeframes?
It's on any time scale.. trading 212 updates realtime even if I change to larger intervals TV shows significant differences
Well Tradingview and Trading212 would have the same data source so not too sure why it'd do that
I can ask them
Yes please it would be nice to get an answer to this
So I can determine if to keep or cancel the bot
So far bot wasnt helpful due to this data delay
Never seen anyone else have this issue so I'll look into it
Try and figure out why you're having this
It could be to do with 212
Which is likely the issue
And how they display their data
Yeah actually fairly confident that'll be it
You use any other services?
No I just use 212 I'm fairly new to trading
So as I'm based in UK I was recommended to use it
If we cannot figure this out I would need to cancel the bot - how does it work do i get any money back for this month? I just had the bot since Friday
If you see the issue persist with trading212 and only use trading212 you are free to cancel any time ☺️
Why I prefer plus500
Okay I can try plus 500
Regards to cancelling so the is money back for the month or partial money back ?
Or the whole 1 month would be charged without refund ?
You can email support about that ☺️
thank you
I use trading 212
Honestly price diff has a tiny impact since it's the same moves
Doesn't matter if a candle on 212 goes higher than TV if you're in a long
I would like to cancel. I'm trying to log into the Lux website but it doesn't recognize my email. I emailed support but haven't heard back
anyone know why tesla is blowing up
because its the best pump and dump of the last decade
jk
idk
check elons tweets
@iron meteor you missing out big tyime if you cancel out
@iron meteor try email again ☺️
I appreciate that
@short tartan. However I trade futures and the entries are not that precise. I'm suffering huge drawdowns and then I hope it turns around. If you're trading options it's not that big a deal but every tick in the futures market is a lot