💱forex-chat

[viscid shard]

Yessir

🤝

[fresh sparrow]

nice trades today on US100

[clever crypt]

if ya guys trade news and u do money on that u lose that money like u do

[fresh sparrow]

I don't lose money

Or, I manage the risk

[wary torrent]

Hello guys, I'm looking for a good setup of tp/sl. For the sl I'm looking at last swing but for tp would you use a RR or wait for the X to print?

I trade mostly forex so ai hope this is the right place where to ask

[fresh sparrow]

so many opporotunities

[clever crypt]

what s ur strategy ?

[rare zenith]

Does anyone know if you can create a multi-indicator alert? So 3 alerts into 1 alert?

[sturdy aspen]

good settings for ultimate stochastic M15 GBPJPY?

[worn tapir]

@echo kiln

https://tenor.com/view/im-watching-you-i-got-my-eye-on-you-gif-20189294

[viscid shard]

Lmaoo

[worn tapir]

https://tenor.com/view/sexy-your-so-dam-sexy-so-sexy-gif-26261252

[echo kiln]

https://tenor.com/view/so-hot-oh-my-my-god-hot-damn-gif-21042202

[obsidian magnet]

For those I'm US what platform are you guys using to trade?

[viscid shard]

Mt4

[obsidian magnet]

Thank you @viscid shard

[viscid shard]

🤝

[viscid shard]

https://youtube.com/shorts/qzBtvDS1314?feature=share

[true plinth]

Morning guys , I’m looking for a best setup for 1 min chart scalping with Lux algo any recommended settings ?

[jaunty spear]

Hey there I'm not so new on trading but can anyone explain me a little bit better how Smart Money Concepts works? What is Choch, bos and how it works for an accurate entry please, what means those changes, etc I appreciate it

[brazen knot]

@cedar star What kind of indicators and settings do you use for forex? I'm watching videos and playing around with settings, although any advice would be appreciated...thx

[grand bison]

CHoCH is a reversal signal, whereas BOS is a continuation signal. Use them in a MTF context. LuxAlgo has a small table in the top right that shows that quickly.

[grand bison]

The LuxAlgo YouTube channel has videos on this.

[dry shell]

I’m personally using LuxAlgo PAC (Price Action Concepts) with Liquidity Grabs, Fair Value Market Gaps, Premium and Discount Zones, and Monday, Weekly High’s enabled for the settings. I’ve been back testing a strategy for the past 6 months and it’s going very well. I use PAC, along with Xtrend indicator and QQE Histogram indicator.

[sturdy aspen]

Done in 4 days

[clever crypt]

what we most to see there bro that u overtrading?

[fresh sparrow]

nice trade just now on US100

[midnight pivot]

Anyone else failing to find success with jav strategy ?

Everytime I see the entry confirmation it reverses 50 pips or more

[blissful leaf]

check previous successful charts and backtest. you'll find success

[limber creek]

Any toughts on the EURGBP?

[solar python]

Range

[echo kiln]

Simple basic Lux strat, I have always been bias towards Neo Cloud 🍇https://www.tradingview.com/x/pl4ryPg9/

Gold

EU

[static ether]

The market was bad today?

[coarse fulcrum]

@static ether has earned the Lux Level 1 role!

<@!1021099383682519071> just levelled up

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

[static ether]

??

[echo kiln]

Depends on what asset chart you looking at....

[static ether]

I have make a loss in this session

There was a strong sell in the 5 min timeframe

[echo kiln]

OK, but we dont know what asset your trading? and what news release occurred, and what key levels price was dancing around?

[wise tinsel]

Thats a great app calendar looks good what is the name?

[static ether]

Investing.com

[static ether]

Which timeframe do you use to take an entry

[echo kiln]

depends on the asset pair and the session, and the spreads to see if it's worth my time

[static ether]

Have you trade usd today?

Eurusd
Gbpusd
Nzdusd??

[echo kiln]

no

I like to watch UJ EU mainly, but didnt do anything this week really...

[echo kiln]

Here using Smart Trail

easy day today if you kept it simple and forget about the fancy stuff

@past acorn The new LuxPremium better make my charts even better

[livid scarab]

just something i need to ask , what is this guys

[glass grove]

anybody use automatedtrader ea??

[tribal geyser]

hello guys any Indicators u can suggest to me for GOLD Trade ty very much

[rich vessel]

What’s your strat?

[glass grove]

gola guys

[solar python]

”Avoid major impact news like plague” someone gave me that advice here; and i wish i heard that earlier because it has been upgraded my trading a lot

[echo kiln]

Let's go hunting on the USD/JPY 🍇

[echo kiln]

EUR/USD scalp opportunities 🍇

[fresh sparrow]

yep, good move on Gold I scalped opting for the 1:1 R:R atm

might try the neo cloud!

[fresh sparrow]

I'm trying the method of just 1:1 to build up on my skills, there was more room for this to move down

on 5m, I wait for the bottom indicator to be purple, red large down arrow, with a BOS, CHoCH before and both WMA and Nadaraya Watson -> red. I read in one of the Lux manuals though that we should focus on TP's and SL for consistency. 50 pips/1:1 R:R

[warm holly]

Question for experienced forex traders: If you follow good money management, type 1% per trade and a risk-reward ratio of 1:2, and you do your homework before placing a trade. What is considered to be a decent win rate? Or what should be a goal to work towards for it to be considered to be decent? I know this question doesn't have a firm answer, but some thoughts around it would be nice to hear.

[echo kiln]

Tough question indeed. And yeah, vague answers, just depends

anything net +1$ is good enough for me 😹

[warm holly]

Yes, that's goal number one, indeed, I was thinking more in terms of percentage.

[sharp pecan]

beware alert

[bronze turtle]

a win trade its a win no matter how small its the percentage👍

[wise tinsel]

Over 50%

[coarse fulcrum]

@wise tinsel has earned the Lux Level 1 role!

<@!1003108844681039952> just levelled up

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

[wise tinsel]

Somedays i have over 70% somedays below 40% somedays i can get 2:1 3:1 and others i can barely make 1:1 its what the market gods give us

[echo kiln]

Is it Monday yet ❓

[oblique siren]

so i'm pretty new to trading, i'm doing spreadbetting and not futures, so the gains won't be as much, I have about £800 to trade with and want to make small consistent gains to increase the account size. I've seen Micky's layout for his charts and not sure whether i should be foucusing on smaller timeframes or higher timeframes. Also need to try and develop and tweat a profitable strategy lol

[tawny sandal]

Higher TF for the analysis and lower TF for the actual entry

[oblique siren]

ok so working out the general trend of the market and then scalping smaller moves in that direction?

[tawny sandal]

Exactly...like 1H with 5 min or 15 min with 1 min

[oblique siren]

ok i'll ive the 1H and 5m one a go on monday, for now i'll just sit and analyse how i can make trades off of both of them looking back from the week just gone

[wise tinsel]

QUARTER/YEAR vwap on JPY being tested worked like a charm on 4h, Week Vwap on 15 min bars worked well too

[daring vector]

what platform do you use for forex trading. Never trade forex. I have traded Only stock and options and ETF.

[fresh sparrow]

I'm from the UK I use Capital.com

[daring vector]

I see. I believe you can trade forex just like BTC in terms of trading hours?

[somber forge]

Hello, I’m new every time they send signals.

[fresh sparrow]

I don't understand what you're saying, sorry.

[dreamy narwhal]

24/5 not 24/7.

[valid hedge]

Realy curious what gold will do next week

Break out of the 2k not so likely

[supple meteor]

I personally wouldn’t go any lower than 15mins. Frictional cost will will chew em all. 15mins 30mins 1hr best.

[misty shell]

Is anyone in here joined who has been profitable for the long term with this indicator trading forex ?

(do not comment if you only get 10 pips on 20/100 lot size please.. be honest with you guys)

Answer your own questions, alone by simply replying to my question.

[echo kiln]

Everyone here is FREE to comment on their success. Lots of members are very profitable on their own strats and goals. Whether using 1 lot or 100 lots, and 5pips TP or 100pips TP. They use LuxPremium or Lux PAC. Both are very good at what they do.

[misty shell]

One more try, anyone else ?

[echo kiln]

Last Friday, during London/NY overlap, on UJ, lots of pullback entry points on the 1m 🤌🏼

[keen matrix]

What is the second from top indicator?

[echo kiln]

Lux Osc Pre > Advance

[strange ledge]

i buy the 1 month pack, but not have this indicator why?

[echo kiln]

Did you look in "Invite" section

[strange ledge]

where?

[echo kiln]

https://www.tradingview.com/script/S8svsT4N-LuxAlgo-Oscillators-Premium/

[strange ledge]

i see, ty!!! i like Pivot style, but cant see any alert 😦

[echo kiln]

#🧠core-lessons

[strange ledge]

i can find here how?

[echo kiln]

oh for the alerts on pivots, i think you need to create that on the TV panel as the pivot indicator does not have the preset alerts, im not sure as I dont use alerts, maybe @flat umbra can help?

[strange ledge]

ty micky

[strange ledge]

Alots of LUX pm me

[echo kiln]

scammers

[strange ledge]

I see

I try to understond the script, for example in these signals there are two too close together, practically already 2 are wrong signals, how i can filter false signal?

@echo kiln in Forex/cripto

[echo kiln]

These printed signals trigger during the ebb and flow of price action. So what you can do is ONLY take the signals as a guide in the direction of the over trend bias. You have a 30min chart, you can use this as entry for the higher time frame trend bias, maybe use 4H or daily chart for trend bias. BUT look at your 30 minute chart, to me, some of these contrarian signals could be winners on scalps, not bad in my opinion.

Its a start of your own strat....

Try adding Neo cloud or smart trail ect. Also you can adjust the settings of your trend signals and bar colors, etc

[strange ledge]

You use this? Can show me how u see the graphic?

[echo kiln]

#💱forex-chat message

#💱forex-chat message

#💱forex-chat message

#💱forex-chat message

#💱forex-chat message

#💱forex-chat message

A few posts on simple strats, I keep it simple, no fancy stuff

Other members have great strats here as well. Also Lux videos are great

#🧠core-lessons

☝🏼

[strange ledge]

ok, i try to info in this post and youtube

ty 🙂

[echo kiln]

COME ON MONDAY ‼️

[flat umbra]

What are you trying to set an alert for?
Be aware if it’s for the Pivot Oscillator, the lines and tags aren’t real time so you can’t set alerts for those

[strange ledge]

all pivot point in general aren't in realt time?

i try another you'r pivot indicator whitout alert

[flat umbra]

Pivots in general aren’t real time
Though I’m mistaken, you can set alerts for the tags

See below 🙂

You then set a separate alert for value 100

[strange ledge]

but the Tag, not are in real time from price, correctly?

how much time is there between the tag and the price?

[flat umbra]

No, these aren’t real time
The time difference is ‘length’ bars later, detailed here
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator-premium/pivot-oscillator

[strange ledge]

ok now i understond!!!!!! TY

[shrewd sky]

Has anyone used the Elliot wave indicator?

[strange ledge]

not exist the possibiliti to make an Bullish Alert for all choch bullish signal and one for all bearish choch? i not want make 4 allert for every forex

[rich lotus]

Hello guys I am new here and first time trying Lux I am only trading divergence is there anyway someone can help me set my things to divergence mode so I can get signals anyone it’s started

[clever mango]

Hi everyone joined VIP server today

[fresh sparrow]

Nice trade on gold today, focusing on consistency 1:1 R:R following the Jav Strat Setup!

[fresh sparrow]

Crazy it went nearly doubled!

[scarlet tree]

EURJPY

GBPUSD

[rich lotus]

Plz how do you set your price action indicator any help here will be appreciated

[rich lotus]

I trade GBUSD as well Good zone looking for shorts ..

Anyone trading divergence setup

[scarlet tree]

Smart Money Concepts + Elliott Wave

[echo kiln]

V6 Looking good @past acorn

[amber hemlock]

V6 released?

[past acorn]

yesssirrrr!

[past acorn]

yep!

[wise tinsel]

price action too?

[past acorn]

this is specifically for Signals & Overlays, a long overdue update to mature this toolkit

see #🔊announcements

[echo kiln]

You know me, I never used printed signals, but dang, you just might have changed my mind

[past acorn]

[echo kiln]

EURJPY - Dang V6

🤌🏼

USDJPY 🤌🏼

[past acorn]

supa clean

[echo kiln]

Yeah, this is good really, no joke, this is pro level for sure. Im on my way to get a Lux tattoo on my forehead now 🍇 🤣

[summer wedge]

Micky, are they default settings?

[fresh sparrow]

following 1:1 R:R on Gold.

[muted pond]

where could i found this setup bud? i need any good Xauusd settings. Maybe someone could share..?:)

[summer wedge]

thanks for the update @past acorn

[past acorn]

nahhhh i have to do the LuxAlgo symbol on my forehead, will go famous on youtube ez

[fresh sparrow]

Need to update tp V6

[icy wraith]

To update Lux Algo Premium indicators, refresh your browser/app, remove the indicator from your chart, and then add it back to your chart + save your chart layout on TradingView.

Full guide: https://docs.luxalgo.com/lux-algo-premium-indicators/how-to-update

[echo kiln]

Auto > mid term trend > neo filter

still testing a few combo's

[fresh sparrow]

I will need to update to V6, and then I'll share, I think I got this from @worn hatch

[summer wedge]

same here, testing few nice combos ... thanks mate

[tawny sandal]

How is your winrate with that strat man?

[fresh sparrow]

I don't really focus on win rates etc, I can check but it's pretty consistent and I'm profitable from it if you just follow the rules. For e.g. where I've done a red arrow, I could've jumped in but it didn't follow the rules outlined in @worn tapir Jav Strat

even the 1st green arrow trade here, was such a good entry as it shows a large BoS before.

I just focus on 1:1 R:R, don't watch the charts when I've exited a trade or when I've entered, just set the prediction tool at 1:1 and then add the SL and TP.

[tawny sandal]

Pretty clear 🤝

[echo kiln]

Nice looking charts

[fresh sparrow]

I'll update tonight and share in chat!

[fresh sparrow]

All the credit goes to @worn hatch really, it was a template he shared in the chat.

[untold goblet]

Hi

[worn hatch]

Not me bro ... There used to be a person named JavielitoFX (Jav) and @echo kiln who had created the chart along with the docs and while Jav had closed the sharing of the chart while I had the fresh copy of it and thatz how the links were getting shared ... All credit goes to Jav and @echo kiln 🙂

[echo kiln]

Nawwww, i'm just here for moral support 🍇

[upper pilot]

may we have the template too please??

[tawny sandal]

#💱forex-chat message

Template + Docs

[cursive cargo]

Placed a short and my broker placed a long. I'm now -400 usd

[analog locust]

Wrong time to take position.

[plucky lynx]

Hi. Where can I find the V6 strategy?

[echo kiln]

You mean the new V6 LuxAlgo Signals & Overlays (Premium)?

Refresh TV

[rich lotus]

Pleas who is trading divergence

[rich lotus]

Plz can you share the settings.. I trade mostly divergence setups

[safe nacelle]

What is the best TF for this setup? 🙂

[fresh sparrow]

everything is here -> template + docs

[safe nacelle]

OK thank you

[fresh sparrow]

Nice entry here for 1:1 R:R. 1959 entry.

[wanton kraken]

Reiss can i ask what lenght you use in advanced oscilator ? Can't find values in pdf for jav startegy

[fresh sparrow]

You copy the chart in the link

I don't think I'm using advanced oscilator

[amber hemlock]

Advanced oscillator only

@wanton kraken Use above settings

[strange ledge]

Whit Price Action Concept, I can insert an alert if it finds me a Patterns?

[azure lake]

yes, detected patterns have an alert condition 🙂

[strange ledge]

Where? I not see the condition on the list

[icy wraith]

hello guys im so excited to be here :d im a new sbscriber but i need help to configure LuxAlgo Signal & Overlays for scalping . someone can help me ?

[azure lake]

Welcome 🙂 We can answer specific questions, I would also recommend looking at our docs https://docs.luxalgo.com

[azure lake]

scroll down the settings and toggle "Detected Pattern", then set an alert using the "any alert() function call" condition

[summer vector]

If I uncheck these. They will not work even if I set the alert? In other words, the alert won’t work?

[strange ledge]

Thank Youu 🙂

[azure lake]

if you set an alert using "any alert() function call" as condition then you will only get alerted for the toggled conditions on your image

[scarlet tree]

Update EURJPY

[echo kiln]

Nice, looks good

[scarlet tree]

EURUSD

[clever crypt]

good enough for beginners

[summer vector]

Why are there two bullish+ ? What are the differences between the two?

[coarse fulcrum]

@summer vector has earned the Lux Level 1 role!

<@!171495159031267328> just levelled up

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

[past acorn]

Bullish+ is a Strong Confirmation Signal

A signal already in accordance with a trend

[echo kiln]

UJ, not trading live yet, as i'm demo'ing the new updates, my usual 10pips TP hit 100% since NY close yesterday, 40 pips and counting on this new updated catcher just on 1 chart, taste so good 😹

Can you imagine if the exit is at catcher flip, instead of hard 10 pips

Same story on the EU, just boring V6 wins on the day

[upper pilot]

amazing. what timeframe is it?

[echo kiln]

5m

[viscid shard]

https://www.tradingview.com/chart/GBPUSD/FuZufjP7-GBP-USD-Trade-Breakdown/

[echo kiln]

BOOM!

Where you've been?

[viscid shard]

Cruise.

Taking another one next week

[echo kiln]

nice!

[viscid shard]

🫡

[valid hedge]

Does someone expect an gold breakout for today

[fresh sparrow]

Gold is doing pretty well today tbh, but judging from the lux algo, the fact we have three blue crosses in a row for TP on Long, could mean it's getting exhausted.

[valid hedge]

Ya would be crazy to see a 2k touch. 🍀

[fresh sparrow]

trust me, I'm annoyed as well because the algo gave a buy signal at 1950 today but as I'm only going for the same setup, I ignored it!

[cursive cargo]

Could get a nice short entry on eurusd

[valid hedge]

Lets eurusd

Dxy a bit sus but overall

[fresh sparrow]

I think there will be a short opportunity in asian or London session on Gold

[worn tapir]

@echo kiln I got us back to lavender, youre welcome

[echo kiln]

OH DANG !!!!!!!!!!!!!!!!!!!

I had my green grapes ready

[worn tapir]

well were back now

[echo kiln]

Now back to 🍇

[icy wraith]

Hello, I am a new user of lux algo, if someone has a good setup to use for scalping 😉 I would appreciate it thanks

[viscid shard]

https://youtu.be/GETZTJqxZfU

[rich lotus]

Please what’s your settings I trade GU only ..

[coarse fulcrum]

@rich lotus has earned the Lux Level 1 role!

<@!1005708060871901284> just levelled up

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

[viscid shard]

5min timeframe, long term autopilot, gradient candles, no signals. I use a moving average instead of the buy/sell signals

[rich lotus]

You welcome any video settings of strategy that we can use on the lux I sign up for three month to test to see how this indicator works and the win rate

[viscid shard]

Oh no i dont. its my own strategy for GU.

[rich lotus]

I see that’s cool do you use price action I am new to luxalgo.. Mostly trade divergence setups on GU bro ..

[viscid shard]

Yea i trade price action/market structure first then i use 3 indicators for confluence. Moving average, pivot points and lux.

[rich lotus]

That’s cool so basically you are a scalper ?

[viscid shard]

I scalp the 1h moves on the 15min

Depending on the day ill hold or just be in an out

[rich lotus]

What’s your win rate on your strategy

[viscid shard]

Tues weds thurs i hold my trades typically

[rich lotus]

@viscid shard I do 1hr,4hr,daily and weekly divergence setups ..

[rich lotus]

That’s dope what’s your risk to reward ?

[viscid shard]

65-70% win rate. 1:1 - 1:2 RR but now im going to start holding after im up 2% for the week and just trail my stops.

This month i missed alot of moves for having a tp lol

[viscid shard]

Very nice

I try to just focus on 4h, 1h, 15min

[rich lotus]

That’s nice .. do you trade other pairs apart from GU

[viscid shard]

I look at the weekly on the weekends

No gu only

My strat works on gj and spx but im ok with GU only

Easier to keep up with fundamentals etc

[rich lotus]

I agree bro .. I trade only GU as well because moves a lot of pips

[viscid shard]

GJ moves more.

I trade gu because it respects the key levels more and respects break and retests more than GJ

[rich lotus]

Yes I agree how long have you been luxalgo member

[viscid shard]

Sep 5 2020.

[echo kiln]

hmmmmmm, GU? hmmmmmm

[viscid shard]

Thats bae

🤣

GU to 1.24000 tho if it doesnt reverse tomorrow for midweek reversal

[bitter depot]

where can i find the Signals Sensitivity bot suggestion ?

[echo kiln]

Dashboard in LuxAlgo Signals & Overlays (Premium)

[marble bridge]

Any one tell I can't see signal sensitivity or confirmation signal agility

[solar python]

Me neither🤔

[echo kiln]

V6 Update -#🔊announcements message

No need for OptiBot now

It's on

[midnight pivot]

Does auto pilot do the dashboard recommendation or no?

[echo kiln]

When you turn on Autopilot, the Dashboard will indicate your on AutoPilot. So all you have to do is set your Autopilot trend in the settings, for short, mid or long term trend.

If you want to use dashboard sensitivity instead of autopilot, then turn off autopilot, then the dashboard will indicate a suggested sensitivity setting for you to input into the settings. No need for Optibot now.

[dreamy narwhal]

To add to what Micky said, autopilot has a different algorithm for determining sensitivity compared to the dashboard. You can see more details in https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings.

[fresh sparrow]

Watching gold 🪙

[cerulean drift]

Need a bit of help folks, trying to find a effective scalping strategy, suggestions welcome 👍🏻

[solar python]

GBPUSD finna go up Edit 12:06AM Set it on breakeven and let it ride😎

[fresh sparrow]

nice trade on gold with V6

[leaden bison]

Hi @fresh sparrow,
Can you help trading Gold by using V6?

[hidden bluff]

me too gold using v6

[fresh sparrow]

I'm honestly still learning

as you can tell here haha

I had a pretty solid strategy with V5 but now having to understand how V6 works

From what I can tell, I've set it to medium term alongside the old strategy I have and if you follow the same thing as Jav Strat, it makes sense

The last trade I missed the entry

so like Red Arrow, under the WMA, and Nadaraya, Oscillator is purple for short

but before, I also wanted trend tracer to be red which I'm seeing here the trend tracer on both long and short are both opposite.

As in, even though it's given red signal to look for short, trend tracer is still green.

which is why I sold because I'm still not sure

[fresh sparrow]

I'm not really sure though, I just made a loss and I'm finding it a bit difficult to understand how this works compared to V5, the @worn hatch template was good but now even that looks weird.

[echo kiln]

Trend chaser most times will not fire off before some other indicators as it’s a smoothing indi. Have you tried the catcher instead? Have you adjusting autopilot trend mode? Adjust your wma lengths etc etc.

Also a loss comes with a the game right? Just like your old strat in previous versions, no way you win 100% with the old, right?

[fresh sparrow]

what's autopilot trend mode? are you talking about the sensitivity?

[echo kiln]

And waiting for ever single indicator in your chart to be aligned will most likely never give you a reason to enter. The more I did you have, the harder to get the confluence to enter.

[fresh sparrow]

Well that's how I was being consistent haha

I only traded once/twice a day

[echo kiln]

You have autopilot turned on. So you have a trend sensitivity of short term, mid or long term that is most likely chosen in settings

[cursive cargo]

got a short of this resistance level

[fresh sparrow]

ahh

[echo kiln]

You can still be consistent now, just because you have one loss doesn’t make the new update ineffective. In my opinion, the new update is on fire and the best!

[echo kiln]

I don’t see any short here? No indicators on this chart

[fresh sparrow]

Before I had auto pilot on and it's just now I dunno, shouldn't have been relying so much on that strategy but it was giving me good gains..will move to demo to test again and then when I find the strategy that works for me will move back to live.

[echo kiln]

Any strat including the old Jav strat comes and goes in waves. The old Jav strat was optimized by member Jav for his personal style. Now that we have a new update, you need to optimize any strat to the new update. You can’t use an old strat continuously on future updates or new indi’s forever. That’s impossible. This is why everyone should develope their own strat so that you know how it works and you know what to optimize when the environment changes.

Perfect example here. Jav is no longer a member. His old strat is obsolete, unless you know what to look for to optimize it. So now your back to square one because you relied on someone else. Try to come up with your own and no one can take that away from you. My option

Never try to fit someone else strat into your head. You need to modify someone else’s strat to your head. Everyone’s head (personality) is different.

[safe nacelle]

Very nice said.

[leaden bison]

@fresh sparrow can you please share the strategy for V6?
For gold

[echo kiln]

@fresh sparrow you are close to coming up with your own. You already have the bones. I know it. Soon we will chatting about the “Reiss Strat”

[leaden bison]

Yeahh

[fresh sparrow]

Thank you bro

[echo kiln]

You got this. With every new update, we come to this road. Most traders are stuck and their old strat doest work, and sit and wait for something to change. Some traders know and optimize and they are back on the horse with a better strat version.

With this new V6, my strat is better than ever on UJ. It's on

[amber hemlock]

@echo kiln Trend Tracer is not good in new version compared to old version

[echo kiln]

I disagree, its the best thing ever that has happened to my style and strat. The best update by far

Either we adapt to the new environment, or we get left behind...

[amber hemlock]

It seems Trend Tracer is slow compared to old version

[echo kiln]

Lux may or not include the old Tracer or Catcher sensitivity in the Legacy overlays, but Im not waiting around for it, I optimize and I am back in business.

What if Lux never ever updated the Tracer or Catcher from their early years version, V1? Then you would had never seen and loved the V5. Right? same scenario here.

New V6 is the BEST yet, thanks @azure lake @past acorn

[past acorn]

❤️

very glad u like @echo kiln a lot went into it, all about making it a mature toolkit now instead of adding flashy colorful stuff for the sake of it

[echo kiln]

Also, everyday is different, every asset pair is different, everyday's volume is different, everyday there's different news that impacts institutional market makers. So if the old version worked before and the new one doesnt, maybe think about the trading environment and not the new version itself. Hope this makes sense

[marsh galleon]

im looking for usd/jpy too... i missed to entry bull trend.. i will waiting for bearish.. you agree?

[echo kiln]

Yeah, the JPY pairs are nice. Im either waiting for the next re-entry long or the next entry short. Depends o key levels, time of day and news

No harm in sitting out if you missed yur prime set-up entry, there is always tomorrow.

[marsh galleon]

yeah i agree

so, you mean trend up short and rientry long down?

too much close to weekly resistance

[echo kiln]

UJ is uptrend now, BUT we are coming up to some nice good news release in 30 minutes, and the DXY is all over the place. Time to sit out as the nice trendy move already occurred....now it's chop time heading into news and possibly end of London. But be on your toes for a good set-up if it happens.

There's alot that goes on into a prime set-up, stuff that occurs outside of our charts and indicators.

[marsh galleon]

where to find best news?

[viscid shard]

Forexfactory.com

I also use the news tab on trading view

[echo kiln]

Look at all the news releases soon? There's alot. This is why most indicators, will chop around before and after.....

Look at the oil news release, this will effect the countries that rely heavily on import and export of oil. Such as Canada pairs, USA pairs, etc etc

New releases has a snowball effect on the pairs tat we trade

[rare zenith]

The news coming up shouldn't really shake the markets too much tho

[echo kiln]

Pending Home Sales most likely YES for USA pairs. We actually dont know as we are just retail traders sitting home in our PJ's.

😹

Also depends on the pair you trade.

Try trading the CAD pairs when the oil/gas news comes out, sometimes its good, sometimes its bad action. But I wont gamble on it

OK, time for me to concentrate on my charts....👋🏼

[viscid shard]

Lmao yea im waiting for an entry also.

[tawny sandal]

Tracer is doing an amazing job, look at it

And catcher is the holy grail, we found it!

[echo kiln]

Agree, if Lux subs learn how to use V6, OMG

My favorite pair I watch everyday, do or die. I'm gonna carve a "V6" on my chest

[wary torrent]

Hey there, as I'm using the signals in a 5tf do you think it's better to have the autopilot set to mid term to avoid noise?

[echo kiln]

Yeah, thats a good setting, but depends on what TP goal you are targeting

But for me, i never used to use the printed signals and enter if I see everything line up. But with this update, Im starting to have them on my chart now......

EJ, nice re-entries on this new update

[wary torrent]

@echo kiln i got another question, the X that prints might refer to a sell signal even if I only have the strong sell signal on chart?

[echo kiln]

Im a little confused to your question, but I use those "X's" as suggested TP areas.

They could mean a pause in the trend as well

They adjust depending on your trend settings

default legacy osc

[echo kiln]

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

confirmation and exits

[cerulean drift]

What oscillators are they? Cheers

[rich lotus]

Hello bro what’s your seting for the v6 please share with us here so we can update ours

[sturdy aspen]

i cant set anymore with v6 alarme

[blissful leaf]

alarms working fine for me

[sturdy aspen]

ah a little restart and it works fine

[rich lotus]

Ok will will do that

Today I trade GU you 1hr divergence made $600 that’s good

[dire wedge]

i made a strategy with 5.3 ver of signals and overlays which works fine but it is not working with version 6.. so i need ver 5.3 back so help me to get it back

[echo kiln]

legacy osc

[echo kiln]

neo, tracer, catcher, auto long term, confirmation signal exit

[echo kiln]

Cant get any simpler than this, trade with the trend, watch for the re-entries

[golden hull]

https://www.investing.com/news/economy/rba-seen-pausing-rate-hikes-at-385-as-inflation-eases-3044484 If RBA is pausing hikes why isn't this shooting up?

[hazy pasture]

Please how can I get the legacy oscillator? @echo kiln Please help.

[viscid shard]

https://www.tradingview.com/chart/GBPUSD/AGCf2x0M-GBP-USD-Trade-Breakdown/

[blissful leaf]

you have on your left hand side the channels. https://discord.com/channels/641770286638694402/1039144928124612618

[valid hedge]

Gold still unlikely to break trough the 2k mark today

[echo kiln]

In your TV. Search the LuxAlgo TV page for the legacy oscillator

[solar python]

@echo kiln seeing that you trade with tracer and catcher, do you use take profit (X)? Looking at the charts, it often tends to appear just after tracer turning red/green.

[echo kiln]

Yes you could use the X as exit points

[solar python]

exit points changes as you change settings right? medium AP gets exit point sooner than long term AP?

[echo kiln]

Correct they change depending on settings. They are fluid

[hazy pasture]

Thank you. But added it on my favourite list but can't find it there. I have logout/login still not showing up @blissful leaf

Got it now. Thanks so much @blissful leaf

Thank you @echo kiln

[tough yarrow]

yoh im new here can anybody suggest an setting that suits for swing trades

[prisma bluff]

Guys after testing out all the lux algo indicator, eventually I only like to use the price action indicator. One of the interesting way to use it is as below.

Hope it is able to help those who likes using price action concept. As lux algo order block disappear after being mitigated. I learnt to draw it myself.

This trade is a 1 is to 4.5 reward trade with 2pips SL in a 15min timeframe.

[fresh sparrow]

Got a good trade today 1:1, finally starting to understand the new algo better!

[echo kiln]

Nice, you caught a good push up

[nocturne ridge]

Hi, I am new. What are the indicators you are using ? thank you in advance

[viscid shard]

Moving Average, Pivot Points and Lux Algo.

[fresh sparrow]

Another one here as well, two successful trades today!

[livid scarab]

Reiss , is that the 5 m TF mate ?

[kind grove]

@viscid shard can you please explain what is 1hr flip bullish means and on which candle you enter? thanks

[viscid shard]

1h flip bullish means the 1h candle flipped from bearish to bullish as the setup on the 15min timeframe was impulsing

[fresh sparrow]

Ok, @echo kiln I was skeptical of V6 first but now, I'm doing okay haha 3 good trades just now

[viscid shard]

I entered on the 15min support close on the 4th pullback lol i stated that in the breakdown

[dreamy narwhal]

Very nice. You could enter on the FVGs too.

[viscid shard]

Goated profile picture

[fresh sparrow]

the FVG appeared after my system

As @echo kiln and all the other guys say, you gotta find what works for you.

[fresh sparrow]

trying to release the Reiss Strat 🤣

[viscid shard]

Lmao

[fresh sparrow]

I'll release a Pdf 🤣

[viscid shard]

Got in at 1.23205 and out at 1.23385 which was the 1h resistance yesterday . It kept pushing but i dont care im not greedy lol

[viscid shard]

Nah make that course bro😂

💰

[kind grove]

@viscid shard thanks dear i m trying to think like you and trade like you 👍

[viscid shard]

I trade mainly price action. If you notice all my breakdowns start with market structure as confluence. Indicators follow

[tawny sandal]

Since you scalp, you mainly use short term price action, correct?

[kind grove]

yes breakout of higher time frame and retracement of lower time frame m i right

[viscid shard]

Yes notice how many candles are on my charts. I trade based off recent price action data

[viscid shard]

No it doesnt matter, look at my breakdown yesterday, i traded 1h pullback and took sniper entry on 15min

https://www.tradingview.com/chart/GBPUSD/FuZufjP7-GBP-USD-Trade-Breakdown/

[tawny sandal]

Yes, i saw that, you considered bullish price action on the 1 h the last 3-4 candles impulse... And on 15 min, you counted as retracement even the 1 bearish candle pullbacks (in today's trade)

That gets you to be faster in your decisions and actions i guess

[echo kiln]

Good to hear, nice job man.

[kind grove]

@viscid shard okay I'll open your chart and try to understand your experience eyes catch the setup what i can't see
Thanks again once more

[viscid shard]

Yes the mentor i learned it from, he calls it “ flowing with the market”

[echo kiln]

Hahaha, awesome

[viscid shard]

Use recent higher timeframe structure and look for lower timeframe shifts in structure as entries. I do that day by day, i never mark up my charts from previous day since my bias always change

That is why i always use “candle flips” as a confluence aswell

[viscid shard]

1 bearish candle pullback followed by a bullish candle which in my strat that means a support has formed,aswell as lower timeframe structure was bullish to and over its moving average. Entry taken

[solar python]

gotta be honest that neo cloud strategy is pretty epic

even better on v6

[viscid shard]

Have you used it

[solar python]

backtesting it looks scary accurate when using with PAC

[viscid shard]

Ahh ok, very nice

[solar python]

yeah gbpusd

[zealous pivot]

Bhaijaan kaise ho

[viscid shard]

Thats bae

🤣

[solar python]

gbpusd been treating great lately...

[viscid shard]

English

[zealous pivot]

Where u from if u don't mind me asking ?

[viscid shard]

Yess , dont forget march is the month of volume aswell

[viscid shard]

Jamaica, I know my name Malik is from there. My parents named me this because it means King👑

[zealous pivot]

Haha yeh man I thought ure either from India or Pakistan (I'm from Pak)

[zealous pivot]

Do you trade crypto as well?

[viscid shard]

All good😂 not the first time its happened.

No only trade GU and reinvest into dividend stocks & ETFs

[solar python]

did you catch the pump today

i missed out because luxalgo showed exit signal when i saw it so i didn't dare😂

[viscid shard]

Yes I sent breakdown earlier just scroll up

[viscid shard]

.

[viscid shard]

.

[viscid shard]

That used to always happen to me.. thats why I use price action first

[solar python]

that triggers me😅 maybe long term ap better

[hearty arch]

Still time for GBP/JPY bear

[viscid shard]

I have bad anxiety so using indicators as entry signals just kept leaving me gun shy and not entering. So now i enter based off price action signal and indictors change after calming my nerves

[viscid shard]

Put the bank levels on your chart

GU made a 1H support on 1.23000. High confluence

[solar python]

legacy tool right?

[viscid shard]

Nooo its not an indicator

https://youtu.be/4hqNvYc5C_c

Go to 4:30

This is where i learned it from

Look at all my breakdowns youll see the bank levels always on my charts

[solar python]

ah i thought you mean luxprofile which shows institutional activity levels on the charts

[viscid shard]

Nahh, not lux. Only thing i use with lux is gradient candle, long term autopilot on the 5min

I dont even use the buy/sell signals

[hearty arch]

turn the indicators off and draw support and resistance lines only trade from top or bottom. use indicators for entertainment.

[viscid shard]

Not saying lux will ever go away or anything but i made my strategy with the concept that if lux ever were to shut down, my strategy will still be ok

[solar python]

you don't need much for working strategy. i think mindset and patience is more important

[viscid shard]

Yep. Thats why i usually just do 1 trade a day

[solar python]

waiting usually is the best strategy

[viscid shard]

For sure

[viscid shard]

Arrow points to where structure broke on 1H and my bias changed to buys

So the 3 bullish 1H candles broke structure.. not just 3 random bullish candles. Wanted to clarify that

[wise tinsel]

How do you set those hh and hl they look useful

[tawny sandal]

Yeah man, that's why i said the last impulse, don't worry

[viscid shard]

Ahh ok gotcha🤝

[coarse fulcrum]

@viscid shard has earned the Lux Ultimate role!

<@!751803906081947738> just levelled up

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

[viscid shard]

About time

[tawny sandal]

Congrats 😂

[viscid shard]

😂😂😂😂🫡

[tawny sandal]

The green and red boxes are the ones that you draw everyday when you start your analysis?

[viscid shard]

Yes

Red w/ white outline for resistance

Green w/ white outline for support

Green w/ no outline for Bullish Market Structure

Red w/ no outline for Bearish Market Structure

Those are my “subjective” levels and my “objective” levels are the bank levels and fibonacci pivot points

[tawny sandal]

Round numbers

[viscid shard]

Yep

Quarter levels are respected the most thats why i have them gold

Then key levels, and then mid levels are respected the least thats why no line is on my charts. Just the words

[echo kiln]

Nice work in explaining how you read structure, and your set-ups.

[viscid shard]

Thank you my friend🤝

[echo kiln]

https://tenor.com/view/crickets-crickets-chirping-silence-awkward-silence-gif-5319192

[fresh sparrow]

😂😂

I made three good trades today bro, not trying to over trade haha

[echo kiln]

Yeah, shut it down...

nice job

[fresh sparrow]

I have OCD haha I am just looking at charts for tomorrow to better prepare my entry though

I notice, that my new strategy is still on 5m, I think I could benefit from 3/4m instead

[echo kiln]

be careful, if its not broken, dont fix it due to greed for those extra pips

[fresh sparrow]

I understand but hear me out

[echo kiln]

https://tenor.com/view/im-listening-do-tell-tell-me-more-kang-gif-22896191

[fresh sparrow]

haha

my man

This the trade I did

Conditions, were 5m, blue on oscillator, green on trend tracer.
This was only possible thought because I took a 1:1 on the trade before. If I didn't take 1:1 then I would've likely held it because of the ChoCH before, however, there was a trend change, so I profited on both.

[viscid shard]

😂😂

[fresh sparrow]

More conditions met here!
Conditions, here 4m, blue on oscillator, green on trend tracer + CHoCH before , bullish order block before, (similar to Jav Strat). The green arrow is simply saying look out for a Buy Opp imo when the conditions are met. (also never enter on purple candles as indicates indecision).
In this trade, you're more inclined to hold for longer or at least can take 80% out and let the rest ride on a trailing SL.

You can also, feel confident when the bullish order block formed above the entry, as a support/resistance.

Like, here you would not enter because it's unclear.

[echo kiln]

Nice job!!!!!!!!!

[fresh sparrow]

Sell signal, purple candles but green trend tracer...

[tawny sandal]

You can consider purple candles the same color as the catcher (if you want earlier entries)

[fresh sparrow]

what do you mean?

[viscid shard]

That bullish engulfing candle on 4min timeframe has no bottom wick and the 5min timeframe is doing a break of structure.

Should sell on short term

[tawny sandal]

Engulfings, are momentum candles... Even if they're purple, but the catcher is already green for example, you can consider the candle as already green as well (instead of waiting)

[viscid shard]

Based on what ive seen with Gu, most engulfing candles with no wick in one of the directions gets disrespected the most

Gold may be different

[tawny sandal]

Also the oscillator shows bearish momentum, so... 🫰

[echo kiln]

so my crickets worked to wake you guys up?

[viscid shard]

Perfect Example

[echo kiln]

🦗

[viscid shard]

Si

😂

[tawny sandal]

GU has a lot of wicks hey

[viscid shard]

Yea march, month of volume

Lots of wicks, big moves

thats why i went a timeframe lower. I used to enter on 30 min now i enter on 15min

Damn 30 min candles were too big😂

[errant mason]

@fresh sparrow you mind sharing your settings

[glass tendon]

which indicators do you use besides pac and signals and overlays

• what are your signals and overlay settings

could you @ me if you response btw

[echo kiln]

@tawny sandal Hey tag me when you get that file ready for me

🙏🏼

UJ choppy today

[tawny sandal]

You'll be the first one

[echo kiln]

Cool, might be a game changer

[tawny sandal]

Indeed

[fluid elbow]

Does anyone have a good setup for US30? It’s been difficult to find one that’s consistently successful. Thanks !

[sour marlin]

Sup guys am looking for a top scalping strategy I can trading am just learning scalping so if anyone here can recommend top scalp strategy 🙏🏽

[echo kiln]

@fluid elbow @sour marlin https://www.luxalgo.com/tutorials#Strategy-videos

#🧠core-lessons

☝🏼

[fluid elbow]

Thank u! I’ve gone through quite a few video but I’m thinking it’d not the correct ones

[echo kiln]

https://www.youtube.com/@LuxAlgo/shorts Take a look at the short videos of LuxAlgo. These helped me to create my own strategy

[snow beacon]

Yo Whos up

[wise tinsel]

Yo! Lol

8pm go time Asia who wouldnt be up

[viscid shard]

The people who dont trade asia session , im about to sleep 😂

Up at 2am est🫡

[wise tinsel]

Where are the yen pairs going lol

Jpy is getting hammered

[rich lotus]

Hi guys GBPUSD bless me with 1:10 RR today very excited

[thorny imp]

what best settings for signal indicators & overlays guys?

[fresh sparrow]

Still trying to figure out

[solar python]

no cap 😂

[past acorn]

Optimal Sensitivity will give you best signal settings per the current chart @thorny imp @fresh sparrow @solar python

it's on the dashboard 🙂

[fresh sparrow]

Woooowwwwww

@past acorn I was using auto pilot

Medium term

[fluid elbow]

What’s the benefit of dashboards optimal vs autopilot?
Autopilot is coded just as strong, right ?

[past acorn]

Autopilot is just a dynamicly adusting one, it's different from Optimal Sensitivity in the dashboard

benefit of dashboard = generally more accurate

benefit of autopilot = you don't have to manually input the setting

[dreamy narwhal]

I would normally set autopilot for alerts, then once I am on the charts, I use dashboard.

[viscid shard]

@past acorn 🤨🤨🤨

SOS

What does this mean.

Lux is not working on 5min chart

[solar python]

weird, works for me

[viscid shard]

What tf

Alright

[amber hemlock]

remove the indicator and attach again

[viscid shard]

I did lol

[amber hemlock]

then do again

[viscid shard]

😐

No, i will not do it for the 5th time😐

[fresh sparrow]

Working for me

[coarse fulcrum]

@fresh sparrow has earned the Lux Level 3 role!

<@!916422486403448852> just levelled up

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

[viscid shard]

Bumboclott

Alright

[fresh sparrow]

lol

[solar python]

Bomboklaat

[viscid shard]

😂

About to reset my entire mac lol

[fresh sparrow]

Nice trade here on Gold 5m, thanks @past acorn for the recommendation to use dashboard, I think it definitely suits my trading style more.

[echo kiln]

Just means you didnt pay your bills today, credit card declined , BYE BYE

JUSt joking

[viscid shard]

Gooooodbye

Its working on every other timeframe😭

[echo kiln]

https://tenor.com/view/no-please-no-god-no-stop-please-stop-gif-17190431

https://tenor.com/view/okay-dont-leave-me-gif-15824599

news today really killed price action on the charts, a handful of hard pumps within a short period 😠 😡

dam news

[solar python]

yeah majors too choppy today man

[fresh sparrow]

Entered here, red trend tracer, purple on oscillator,

[echo kiln]

nice job during these news pumps

[viscid shard]

someone make it make sense

[fresh sparrow]

I've learned when there's news just wait

sometimes opportunity, sometimes not

[echo kiln]

tough today, norally fridays are dead and you can get a few nice trades, todays news was big...

[fresh sparrow]

best to sometimes sit on hands

[echo kiln]

CTRL-ALT-DELETE

always works for me

did u try changing TF a few times, this always works for me, really

[viscid shard]

Yes

Everyting

[grim lagoon]

Hey can you share the settings of your MACD with me please ?

[fresh sparrow]

I always find hitting my computer with a bat a few times helps

[echo kiln]

does it work on your phone on the same TF?

[viscid shard]

It works on the 3 minute

But not the 5minute

How TF

[echo kiln]

if so, its your PC then has issue

[solar python]

https://www.tradingview.com/x/FKIaVLDC/

always wait for confirmation, the cloud

[fresh sparrow]

@grim lagoon

[echo kiln]

YES, NEO CLOUD is

[viscid shard]

Neo cloud to you, mid level 1.23500 for me

🫡

[solar python]

5min yeah, but if i look 1hr 1.23500 is key support

[grim lagoon]

Thanks . Can you share the Style settings as well ?

[viscid shard]

Yes because its a round number

I speak about it all the time on GU. They are respected heavily

[solar python]

maybe next week bullish as well, we'll see

[viscid shard]

Hopefully

[solar python]

bullish or ranging

[viscid shard]

Fundamentals are saying its getting expensive but theres still potential for break to the upside

[solar python]

vice versa for usd

[viscid shard]

https://www.dailyfx.com/news/breaking-uk-news-uk-growth-revised-higher-gbp-usd-nears-a-multi-week-high-20230331.html

[echo kiln]

Lets see where this goes in this garbage day for UJ

[viscid shard]

If GU goes bullish next week and breaks 1.24000 im not putting any tps im just straight trailing stops

Ill let the market take me out so i can make a bag💰

If fundamentals play out and we go to 1.26667 lord have mercy

[patent ermine]

these contrarian signals works really well for little scalps on days like this 🙂

[echo kiln]

UJ 20 pips hit

bye

[viscid shard]

Bye

Lux aint workin for me i got attitude right now

[echo kiln]

You get a chicken today

[viscid shard]

😂🙄

[echo kiln]

chcikens are reserved for the most deserving at that given moment

[fluid elbow]

@solar python I’ve seen u mentioning Neo Cloud with success,
But I can’t find details on how to use it best for confirmations or otherwise. Can u please advise

[echo kiln]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/indicator-overlay#neo-cloud

[fresh sparrow]

Definitely no more auto pilot for me after this trade here

[brisk sable]

@echo kiln

[coarse fulcrum]

@brisk sable has earned the Lux Level 1 role!

<@!1024365526203519097> just levelled up

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

[brisk sable]

Hello @echo kiln , please check your DM. Thanks

[grizzled dagger]

Don´t see your trade. Can you elaborade? What was wrong?

[grizzled dagger]

Signals adapted to Optimal Sensitivity pretty good on 15m

[fresh sparrow]

@grizzled dagger this was my trade

There was nothing wrong with the trade, it's just that changing the sensitivity and not using auto pilot resulted in a better trade overall, if I had just followed the conditions that I use to enter a short.

[solar python]

usually manual settings are better especially with trend catcher, tracer or neo cloud because with autopilot, signals came in pretty "late" after other conditions are met. However, the shorter the signal sensitivity is, the more false signals it gets and that is why we need to have at least 2 other confirmations

[silent dawn]

@fresh sparrow Hey, is this the Jav 2.0? Can you please tell me what changes you have made ?

[echo kiln]

That was optimized for previous LuxPremium version's 5.0's, so everyone would have to optimize most strats anyway to the new V6 LuxAlgo Signals/Overlay.

Ask @fresh sparrow how that went after he optimized V6 for his style?

[silent dawn]

Thank you for the information. Will try to figure out xD

[echo kiln]

I think he just tweaked a few things that I dont even know

[echo kiln]

It really is just a simple LuxAlgo strat, with Tracer, Catcher, candle colors, and just add Lux PAC for structure breaks, thats it. Nothing to it, no secret really

I think we tend to gravitate towards others' strats as we dont trust our own, I was guilty of this early on. But once you create your own and test and tweak and re-test, you will start to trust yourself and your strat, then NO ONE can take that away from you, no more waiting and reliance on others - Just a thought

Start by watching LuxAlgo's YouTube "short" videos for ideas, then mix and match. Then boom, you have your strat that you created for yourself. Thats how I did it honestly....

Here are a few posts on simple strats that threw together based on Lux short video reels

#💱forex-chat message

[silent dawn]

Thanks a lot. Will go through them during this weekend!

[echo kiln]

A simple strat that most over look. A strat based on Lux candle colors, thats it. Use higher TF and enter on lower TF, based on candle color

Ill create one right now and you will see, hold on

Here you go, I just pulled up UJ, 2 charts, 15m and 5m

15m candle color long trend green, on the 5m, just take long entry scalps after every pull back (just take the buy entries when the red candles turn green)

Thats it, you see how dang easy this is for using LuxAlgo

With trade management, whats the win%? Im not sure, but just eye balling this, 100% win's

[silent dawn]

whew, I see how this works now. Will make sure to add other confluences and make a nice one. Thank you once again!

[echo kiln]

Here's gold chart, same thing, this happens everywhere

So easy....

Keep it Lux Simple

EU, same, I can go on and on with these examples.....

Trade management with this simple color strat, is

Now can I get a strat with my name on it? 🤣

Instead of color, you can do based on Tracer only, same thing

Most any Lux trend features, you can do this same simple strat

[viscid shard]

🫡

Backtest Saturdays😎

[echo kiln]

You know it

[silent dawn]

For sure, will get back to you guys. Much appreciated for all your suggestions!

[viscid shard]

Got some nice music goin and focused🤓. Going over losses again and learning from them

[echo kiln]

Turn down the music, I cant hear myself think

Be considerate of others please

[viscid shard]

No, Lil Wayne just dropped a throw back album

[echo kiln]

[viscid shard]

😮‍💨

[echo kiln]

https://tenor.com/view/dog-snoop-dogg-rabjouj-gif-21804700

[wary torrent]

Hey, when the red candle turn green you mean 5m TF right? And you have the 15m for trend confirmation and that's it?

[echo kiln]

Thats it

[wary torrent]

I like how simple it looks anyway ☺️

[echo kiln]

But of course, trade management.

[wary torrent]

So no buys or sell signals?

[wary torrent]

Of course, that always come first

[echo kiln]

LOL, i think if your around here long enough, I dont use printed signals

[wary torrent]

It's my first week

😅

[echo kiln]

Printed signals makes me stupid and reliant on them, without reading the chart on my own

[wary torrent]

Still going around channels,strats and all. There is plenty to check

[echo kiln]

Good stuff here

[wary torrent]

I like to have my TA and use the signal just as a confirmation

[echo kiln]

Dont get me wrong, with the proper optimization, the signals can be a good reference, for sure

[viscid shard]

Thats how i trade

[wary torrent]

Make sense, relying on signals alone would make me anxious 😅

[echo kiln]

"MickKiss-Strat"

keep it stupid simple

[viscid shard]

Check out my trade breakdowns

[echo kiln]

or whatever that means

LOL

[wary torrent]

I was trying but on my phone right now, I'll have a look at it once I'm on my screen at home

[viscid shard]

Im able to see them on my phone. What kinda phone you got a nokia or something

Blackberry

😭

[echo kiln]

https://tenor.com/view/nokia-cep-telefonu-tam35-gif-dünya-gif-12498299

[wary torrent]

No it's just that I want to see properly

[viscid shard]

I know im just messin with you

Sounds good

Let me know

[wary torrent]

Watching trading video on phone it's painfull

😂

[viscid shard]

They arent vids they are just images. The breakdown is below the chart images

https://www.tradingview.com/chart/GBPUSD/AGCf2x0M-GBP-USD-Trade-Breakdown/

[wary torrent]

Ok I see, it makes sense when I look at it. Now I need to apply it myself

Thank you btw @viscid shard

[viscid shard]

Im going over these losses i took in January on the 30min chart and I wouldnt even have taken them on the 15min🤦🏾‍♂️

[echo kiln]

Nothing fancy, no big cool words to label things, people will knock this down saying you cant just do that or you need this, or need that. But who cares what others think. Just do your thing and go

[viscid shard]

🤝

[rain timber]

Anyone have an analysis or eur/usd? Wondering if I should sell these positions ?

[brisk sable]

Dear @echo kiln , i DMd since yesterday.....

[wind forum]

Any suggestions on a where to find a good Forex breakdown? I've been trading crypto and want test out Forex. No idea where to start though. Thanks.

[wise tinsel]

yeah EURUSD sucks its choppy lol try JPY pairs volatility and trends are better there

[wise tinsel]

forex pairs are the same as crypto pairs with the only caveat that news depending on the country affects the pair. watch forex factory calendar and look at your correlations so that you dont trade pairs that move together. IE you dont want to be long EUR & GBP at the same time because they move in unison there are plenty of correltion articles that you could find. If there are news dont trade 30 minutes before or 30 minutes after and do not trade FOMC days (at least I dont)

[echo kiln]

Go to each forex brokers' website, they have alot of educational content to get you started 👍🏼

[shrewd sky]

Have you used the pivot points with the 👻 indicator? Or has anyone? I just need to know if once the candle has closed and the emoji has come on, is it possible for it to disappear on the next candle?

[wise tinsel]

you can dm me ill send you some things

[echo kiln]

No I dont. It is a forecast, so what you see for past data, is not what occurs in real time.

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

[oblique siren]

wow i'm really going to have to try this tomorrow, i've been way too reliant on the buy and sell signals trying to pair it with other indicators but lost so much money because of it but just going to have to stay disciplined and stop revenge trading lol

also i'm not on contracts or cfd, i'm spread bet so the gains aren't as much which is why i was using 1 hour tf and risking more capital

[echo kiln]

Sounds good, hope it works out for you

[oblique siren]

so do you autopilot the candle stick colour?

i think the signal sensitivity changes them

not 100% sure on that one can't confirm

[echo kiln]

I just do auto and short trend to find the pullbacks

[oblique siren]

ok thank you will defo try this tomorrow

and by tomorrow i mean like 6 hours its 4am lol

[echo kiln]

Here's the EU since it opened 6 hrs ago

Gold

Just follow the Lux candle and renter on the pull backs

Dollar Index DXY

V6 is

[wind forum]

Sent. Thank you!

[fresh sparrow]

Nice trade here whilst waking up, saw the opportunity!

This was the trade, I checked the 15m TF as @echo kiln suggested and saw it was bullish/bullish signal, so only looking for bull signals. Bullish OB below and all conditions matched up for the trade.

[icy wraith]

what will I think about this treid, will I win or lose

[sick lava]

can anybody tell me best setting for lux signals

[fresh sparrow]

@sick lava I don't think there's a best setting, I think the way most people have done it recently is by tweaking other strategies or just trial and error on a demo account, backtesting with luxalgo indicators etc

[solar python]

This is what i meant when i said use PAC with neo cloud strat, bouncing off the 1hr support

entries are 🔥

[fresh sparrow]

Approaching bearish order block in NY session for Gold, will be looking for either short or long on Gold there.

[echo kiln]

EU

GU

[solar python]

Closed +32pips 1:2RR 💰

[solar python]

my game plan for gbpjpy

[echo kiln]

Gold

[fresh sparrow]

I like what you're doing there @echo kiln with the 15m on 1 chart and 5m on the 2nd chart.

going to snype that haha

[echo kiln]

Yeah, it works 🤌🏼

[outer ember]

Pls can you share your settings because I subscribe luxalgo today

[echo kiln]

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

#🧠core-lessons

[late torrent]

Hi! New-ish to lux algo, been trading for about a year now

is there anyone here that trades silver?

[viscid shard]

Can GU pullback already like jesus chrxst

GU should reach 1.24500 with all this momentum

NFP week also yall dont forget 🤝

[viscid shard]

Bad news just came out for USD🤦🏾‍♂️ lord have mercy the US is really going to shxt

[viscid shard]

Beautiful

[oblique siren]

got a good start for the moment

currently on 1:1.5 RR

[echo kiln]

[summer wedge]

Micky, at what point would you jump in on the 5 min?

[echo kiln]

Boom Boom @viscid shard New Update V6.0.1 working like a charm

[echo kiln]

First I would watch for the trend catcher flip, for the pullback re-entry. If it doesnt flip for an re-entry, use an oscillator that you like for a pull back re-entry

[viscid shard]

Yessir , waiting on that pullback

I just saw a post that says biden is possibly the worse US president since the civil war

😂

And trump is still going to run for president even while being indicted.

[fresh sparrow]

yep, upgraded to 6.0.1

[viscid shard]

How do you like it

[fresh sparrow]

can't tell yet, waiting to see, don't really see any difference so far

[viscid shard]

Think the only changes were the alerts and fxcm study error

Wow my broker is doing 0 spreads right now, havent seen this in weeks😂 usually always 1-3 pip spread

[echo kiln]

Its a trick, they gonna lure you in.....come Malik, you can do it, just deposit more, dont worry about the T&C's with this promo, just deposit more buddy

😹

[viscid shard]

I didnt mean broker🤦🏾‍♂️prop firm. I be forgetting lol

[echo kiln]

OK, then they will say, come on Malik, pay for some more challenges, its ok...come on in Malik

[viscid shard]

I will do so once I get my next profit split 😂

Im going to buy 300k with swaggy C new prop firm

Securethebag.com

85% profit splits then 96% profit splits. Best in the game right now

[oblique siren]

First signs of trying your strategy is looking good Micky

[echo kiln]

UJ was the choppiest today, but these are the 2 safest scalp entries so far. There were other entries, but these 2 were the safest scalps for my 10 pips TP. Rinse and repeat

[echo kiln]

Thats cool, with keeping a higher TF for trend bias, and taking entries on a lower TF, eliminates most chop entries, just sit and wait for the higher TF to trigger. Thats the hardest part, to sit and wait for it.....

[wild lichen]

What is the name of this indicator please 🙏

[echo kiln]

#🔊announcements message

LuxAlgo Signals & Overlays v6.0.1

[wild lichen]

Please can you teach me your strategy
Can I use it on cryptocurrency

[oblique siren]

the amount of good potential trades i just missed was insane

but just waiting to see if theres going to be a sharp pullback

EURUSD looks like its doing one now on 5M

[echo kiln]

Yes, 5m is about to trigger back to longs, just need the 15m to stay the same going long

[wild lichen]

🙏@echo kiln

[echo kiln]

BUT, we are about to head into the 2nd half of NY as London closes and the huge run has already been made....so for me, I would sit out and just troll around if your bored

😁

[solar python]

https://www.tradingview.com/x/zgvuLsoC

i would definetely don't want to go long here

[blissful leaf]

you can always gamble it on a demo

[solar python]

rejecting resistance of 1.0920

nah i usually don't trade purple candles

[blissful leaf]

shorted usdcad but it's slow now london is over.

[outer ember]

xauusd:(

short?

[echo kiln]

If you are, use tight SL

no higher TF confirmation yet, but it would be a nice gamble scalp, for sure

good luck

Dollar index creeping higher

[outer ember]

5mint 👀

i will to go back

good idea?

[echo kiln]

Thats a nice setup rule with PAC, BUT if price keeps going lower with no pull back, dont jump on the train without your rules. You have to stick to your own rules.

[outer ember]

👍

[echo kiln]

1H and 15m still long, has not broken to trigger short side (yet)

Its all on you now

[outer ember]

do you have a good stratgy can use for forx ?

[echo kiln]

huh? didnt you post a chart with a strat?

nothing wrong with that you posted

[outer ember]

👍

Can you explain to me the percentage on box?

[echo kiln]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks#internal-activity--metrics

[viscid shard]

This looks like @fresh sparrow chart

Strategies must be similar

[echo kiln]

All these strats we show here are great and they all are a form of Lux Signals/Overlay and Lux PAC, with our own personal rules

[echo kiln]

cant go wrong with Lux

[fresh sparrow]

Just set up my alerts on Signals & Overlays whilst watching the market

sorry, this is how it supposed to look

[wild lichen]

Please my alert is not working

[viscid shard]

Nope thats why I was in @past acorn dms so heavy about the update😂 , i want it on my chart

[wild lichen]

Can you help me @fresh sparrow

[fresh sparrow]

what's not working on it?

I think a lot of people assume it's not working but forget that it has to close at the interval

So for example, I have mine set on bar and I will see the Trend Catcher going red like why hasn't it alerted me, and then I googled it and it said it has to close

This how mine set @wild lichen

for e.g

[viscid shard]

I got mines like this

[fresh sparrow]

You can use the alert manager here as well

I tried that but I couldn't set Bullish/Bearish for Trend Catcher

I also set up a webhook along with Twilio to send me whatsapp message

lol

[viscid shard]

🫡

[fresh sparrow]

When you set it with LuxAlgo where can you edit the alerts?

[viscid shard]

Are you talking about this?

I do it that way and just leave it on indefinitely

And i have lux set to long term so if i get an alert i know the direction of the market is changing for sure

[viscid shard]

Is PAC , price action concepts?

[blissful leaf]

yes it is

[viscid shard]

🤝

[wild lichen]

Thanks 🙏 @fresh sparrow

[fresh sparrow]

No problem bud

[wild lichen]

Please can you send screenshot of your settings??

[summer wedge]

thanks Micky, for putting my brain to work 😄

[echo kiln]

yes

[astral wing]

Hey guys just wondering how u guys set up your lux algo indicator

[viscid shard]

I use it on the 5 min, long term autopilot, gradient candle colors

[astral wing]

How u dew that bro

I've heard of autopilot but never used b4

[viscid shard]

Go to settings, and go to autopilot sensitivity

Its under tp/sl points

[analog locust]

My advice to the new traders: Is it possible not to log in to discord for at least one week so as to give yourself enough time to study and practice. In my opinion, you don't really have to be copying someone's else strategy, it will be difficult to develop. I know truth is bitter but it is a good pill. I know you want to be profitable, but it can't happen overnight, this is my observation from all the posts. Just an advice.

[viscid shard]

🔥

GU doing the same BS it did yesterday man like PULLBACK😭

[left flax]

My dollars worth.... execution of a trade is the simplest thing to do but its the very last step to make after careful analysis, recognizing the underlying assets characteristics and understanding the tools at your disposal to achieve that. Took me a few years to fully get to grips with exact entry and exit of an asset let alone any other technicals.. be patient ..stay for the long haul ..or you'll be gone as fast as you hit that enter button.

USD taking a severe beating GBPUSD giving me all the pips I need for the week

[viscid shard]

I woke up a little late, it was already impulsing so i gotta wait

But it just keeps pushing

[wary torrent]

@viscid shard @echo kiln Hey, just wanna thank you. Tried following the trade with the colors on 5m and 15 m and it helped me recover a loss. could have made more but still happy.

[coarse fulcrum]

@wary torrent has earned the Lux Level 1 role!

<@!903665983103860806> just levelled up

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

[wary torrent]

also my entry is not the best but still 😅

[viscid shard]

Glad we could help

[left flax]

Gotta be some decent retracement before US Open ... but hell where the dollar is going not looking good .. what the hell is Powell doing

[coarse fulcrum]

@left flax has earned the Lux Level 1 role!

<@!730738362633289739> just levelled up

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

[viscid shard]

Looks to be heading to that quarter level

1.25000

Im expecting mid level 1.24500 retest

Hopefully

[left flax]

foe sure 1.25 is already in the rear view mirror according to market ... if they go for 1.26..28 that would be insane

[viscid shard]

Fundamental last week had GU going to 1.26667 daily resistance

I trade level to level but yea that would be crazy

[left flax]

me too

to think how long ago was it at 1.11

[viscid shard]

Were you trading GU last year september when gbp was at 30 year low

Bro, all my trades on the 5min were like 30 pip stop loss

[left flax]

yeah .. I was

[viscid shard]

I hated that so much

[left flax]

been trading GU for about 9 years

[viscid shard]

Gladiator candles

Very nice

I only trade GU, pushing my 3rd year

[left flax]

Its my fav asset / pair that I trade 80% of the time

[viscid shard]

Yea it respects price action amazingly

GJ same thing but its Wick City over there

[left flax]

I used to trade GBPJPY as I was based in Japan ...when it was the carry trade ..but now ...nah

Increased oil prices is not going to help US inflation at all

[viscid shard]

If GJ wasnt an exotic pair id trade it over GU tbh.

Nope, silver is also at a 3 year high i think too

[left flax]

Powell pockets are empty .. and ideas zero ...except rates incraese

[left flax]

C'mon cable gimme 1.25 today

[viscid shard]

Lets see how this 10am news plays out

[left flax]

3pm GMT

[viscid shard]

Im seeing so many 5 min pullbacks on GU but i refuse to trade on 5min chart on 250k account lot size too big , e8 commissions are trash

I enter a 10+ lot trade and im already down $200+

[left flax]

I trade on Saxobank and gains.trade using Arbitrum/Dai

[left flax]

Saxobank ..been real good for years ...also Swissquote

but if your US Citizen might be difficult

[viscid shard]

Yea im US based but i only trade prop firm

I Take my profits and put it into dividends/etf.

[left flax]

prop firm?

meaning a

[viscid shard]

im funded with e8

E8funding.com

[left flax]

oh ...hell not for me

[viscid shard]

But after trading large account with them i regret it and going to toptier or FTMO. Commissions too high for large accounts

[blissful leaf]

you trading using your own capital then?

[left flax]

Yeah ..just old school I guess

[blissful leaf]

fair

[viscid shard]

Hes been in the game 9 years, old school as hell

[left flax]

Saxo give me x30 and gains.trade for shits n giggles I get x1000 if I want

[viscid shard]

😂😂🤝

[blissful leaf]

did that for years as well

the need of bigger capital has come

[viscid shard]

I refuse to trade my own capital. I have my own real estate flipping business and i use hard /private money for flips. (OPM)

So i brought same mindset to forex when i found out about prop firms

Use other peoples money

[left flax]

Im based in Geneva and so theer is a good link between my bank and my trading account at Saxobank ...with zero headaches

back and forth any amount no questions no headaches ..peace of mind