💱forex-chat

[rancid condor]

hi,
how do we know where when we buy / sell.?
please teach me

[potent wolf]

Hi,
The optibot has not been updated for almost a week on the 1hr chart. Is it me or it hasn’t been done ?

[past acorn]

will be updated very soon, higher timeframes don’t have to be update too frequently

[past acorn]

see https://youtu.be/xezy6WGpZ8Y for an example

[rancid condor]

thnks 😄

[celest sluice]

Are #776138690007007292 kind of like entry signals?

[past acorn]

Just analysis by klawzeus and what he trades with Lux, they don’t have to be considered entires

[sterile musk]

@tight mountain follow optibot30 and trade 👍🏻

[jovial gazelle]

Can we take the pro call out trades?

Instead of trading on our own

[fallow walrus]

You can if you want but make sure you confirm it with your strategy

[jovial gazelle]

Okay thank you

[quick radish]

Still confuse haha is it going up strong ?

[true vigil]

what pair?

[quick radish]

AUDCAD

[true vigil]

time frame?

[quick radish]

1h

[true vigil]

yeah, I got the same

[quick radish]

what do you think ? should i place an order now ?

[true vigil]

im looking at 0.95790 but remember it's not financial advice 😉

[fringe quartz]

Emas strategy to signals. Audcad: Still running 21&9 Emas are just crossed. Not an advice to enter but perspective to add for people trying to get in to trade blindly.

[true vigil]

that picture is from usdcad

[fringe quartz]

Oh sorry my bad. usdcad

Thank you for correction @true vigil

[quick radish]

still no signal to buy ?

[fringe quartz]

On 2hr there is a signal, check your settings 12&26 is giving buy signal even though following candles are purple emas give additional confluence but still it is not the best setup...

[quick radish]

oh i see

[untold basalt]

So tired. Going to be trading tomorrow morning for new york. No london for me tonight lol

[fringe quartz]

@untold basalt when is a good time to trade london? I am fairly new to forex market hours

[quick radish]

SAD hahah STRONG but going down

[untold basalt]

There's enough information in that dashboard to know not to buy

[rancid condor]

do I know where to buy.?

[charred jetty]

Wait until he brake above the hammer candle like let him finish the retest

[onyx musk]

Such situation will occur many of the time, if it shows sell it goes Upside after multiconfirmation too

[quick radish]

so that i need to wait to see the best opportunity to buy or sell

[onyx musk]

Probably you will be tired after constantly getting glued to the screen then😋

[onyx musk]

Buy above 0.95850 👀

[quick radish]

timeframe ?

[onyx musk]

1 Hour

[quick radish]

i dont see a sell signal lol hahah

[somber patio]

Gold Futures/ 4H TimeFrame
It is Bullish, I used TEMA and EMA for confirmation, and it is clearly going up and the closest target is 1740, but if it breaks 1717 by 4 Hours candle, which is impossible, it is going down.

[quick radish]

i see a bearish

[somber patio]

It has been retesting for 8 hours between 1720 and 1727

[nova edge]

so going up

[quick radish]

let see what will happen haha

[solid mountain]

if green cancle above the hammer candle is it a continues? bullish?

[nova edge]

soon it's time to buy gold i think

[quick radish]

if he breaks 1745

[vast heath]

Hello guys could you please help me out

[quick radish]

then wait for a retest

[vast heath]

I'm going long on EUR GBP and I'm losing half of my portfolio right now

[vast heath]

Will it bounce back ?

Can any one please tell me I need to know

[quick radish]

oh no in my opinion i dont think it will bounce back

[vast heath]

Oh shit

Any one else ?

[quick radish]

all timeframe is going down

99.40% Bears

[vast heath]

😭😭😭😭

You're killing me bruv

[quick radish]

thats my opinion that how i see that chart 😄

[vast heath]

Can any one please check and let me know what the other guys think

[solid mountain]

it will bounce back

[quick radish]

check NZDUSD i see a bull not a financial advisor just an idea

EURJPY BEARISH

[vast heath]

Brilliant @solid mountain

Cool I'll check it out

[quick radish]

dont place order bro must analyze your chart

[nova edge]

Time to sell US30 soon i think, who follow this indice ?

[charred jetty]

Yes the candle is green that mean you on bullish but for inter wait until close above and you ready to go

[somber patio]

Gold 😍

[nova edge]

i wait for sell, buy i was not ready shit

[wanton tide]

does anybody know how i get the notifications when lux algo finds a sell/buy order in the program. saw somebody had an alarm list in the discord. how do i set it up? anyone? 🙂

[jagged slate]

!alerts

[icy wraith]

How to set up your own custom alerts in TradingView: https://luxalgo.com/apps/help-center#hc-creating-alerts-on-tradingview

[wanton tide]

ok. I saw a guy on youtube who got notices on discord?
ok, may try to put them in tradingwiew then. thx

[somber patio]

No sell opportunity on long term basis.

Gold might reach 1880

[quick radish]

what sensitivity recommended for short term ?

[rapid wasp]

anyone think the EurAud will drop more over the week?

[nova edge]

@cedar jackal Hi, can u dm me if u can, i have a question please 😉

[cedar jackal]

Whats up ?

[oak wharf]

Best setup to scalp 1 to 5 min?

[nova edge]

1 best

Who know when us30 is open?

[icy wraith]

Which TF and sesibility do u trade us30? thank u

[nova edge]

26 - 36, I'm not sure it's the best

[nova edge]

I see ur trades, do u do in-depth analyzes before trading or do you use Lux indicators exclusively?

[icy wraith]

Thank u...I'll give a try

[heady plover]

isnt us30 a stock ?

or something else i forgot what its called

starts w an i

[azure lake]

US30 is an index 🙂

[heady plover]

ok thnks

[cedar jackal]

@nova edge yes course , i dont just buy wen lux say or sell cuz that is suicide 🤣 i do analysis on daily,4h,1h then jump on

[untold basalt]

@cedar jackal u mostly trade indices?

[fringe quartz]

Eurusd broke the falling wedge, there is a buy signal before it did go up. There is a pullback signal on oscillator. I would wait to pullback to the channel and play long when it bounces up

Do y’all agree with my interpretation?

[errant yoke]

Yes I agree on 1H it looks like it’s going to fall a bit than continue bullish

[quick radish]

its going down a bit now

[fringe quartz]

Yeah seems like it is going to find a support either on support levels on it’s left side or at the channel level. Gotta stay patient and see

[quick radish]

Gold hit my Buy limit lol haha is this to early ?

[vapid roost]

there is the MA200

[nova edge]

Haha ok, good job 🚀. If u have any advice or training, I'm interested 💪🏼

[wicked magnet]

@cedar jackal hey, I've just read through your message history, sorry to hear that some loser udpx deceived you, however there's a lot of kind hearted people who seek knowledge, maybe you can change your mind and create another educational channel or at least just send some educational materials that helped you in this chat

[somber patio]

Can anyone please, apple LuxAlgo on GOLD 15M Timeframe with optibot settings and upload it here

?

[jagged slate]

We do have gold 15m timeframe in optibot

and AAPL

#797529919499272224

[somber patio]

Yes I Know

I want to see another chart

[hazy lynx]

Hey

[nova edge]

Eurusd go down 🔻

Tp 1.1860
Tp 1.1820
Tp 1.1770
Sl 1.1900

[quick radish]

its consolidating

[nova edge]

For a moment yes

[quick radish]

i just place a buy stop 1.1866

[nova edge]

It's was possible to have best entry but it's down now

Juste must change sl

[solar spade]

you think it will reach 1.1770 ?

[nova edge]

Possible yes why not

[solar spade]

it would be great, 3200$ of profit in my case

[nova edge]

Nice

[solid mantle]

Hey guys, any thoughts on GBPUSD?

[solar spade]

i feel its going back at 1.3700

maybe one more UP⬆️ in the mean time

[solid mantle]

@solar spade awesome

[nova edge]

Eurusd complicated for have the best entry but go down 🔻

[solar spade]

I am in at 1.18706. SL set at 1.19

@nova edge

[vapid roost]

which TF do u use?

[formal onyx]

What’s a nice tp zone

[solar spade]

I set TP to 1.18200. For now because it can go much lower

If it goes stronger down I set TP to 1.1770 as Brody recomended

[formal onyx]

Good look bro.

I was thinking it, but didn’t wanna get faked by lux

[nova edge]

Sell gold

Too

Entry 1740.60 good I think

[quick radish]

gold still consolidating i didnt see sell signal but i hope it will sell

in 1h timeframe its sell but other timeframe its buy

[quick radish]

GOLD

TP1 1730
TP2 1728

[severe glade]

Hi, sorry for the noob question, anyone can tell me why some of the candles has different colored outlines? Is there a meanign behind it? Some are violet, red, so on? Thanks!

[quick radish]

its called consolidation

it means if you see sell signal or buy you will not place it just wait for the best entry

,

[severe glade]

thank you!

[quick radish]

https://www.youtube.com/watch?v=xezy6WGpZ8Y

you can watch it here for better explanation

[severe glade]

Thank you!!

[solar spade]

@nova edge when do you predict EURUSD going strong down

[nova edge]

It's trade on the day @solar spade

[nova edge]

Exact

[keen sparrow]

Guys tell me how trade with lux succesfully? What's your stategies, how do you trade?

[solar spade]

firstly set it properely under the thing you trade on. Dont follow it blindly. Always take your personal analysis into consideration

Btw does anyone have a good sensitivity and agility for EURUSD 1 Day ?

[nova edge]

I move my sl on eurusd

[solar spade]

to what ?

[nova edge]

I move my SL here @solar spade

[solar spade]

1.1900 ?

[nova edge]

Yes

I prefer gold this morning

[solar spade]

i have SL at 1.1900 from the begening

[nova edge]

Perfect

[solar spade]

@nova edge i think it will hit stop loss in a sec

[nova edge]

Maybe 😭 @solar spade

U have other trade ?

[solar spade]

did you loos ?

[nova edge]

Not yet and u

Soon probably

[solar spade]

me too not yewt

[icy wraith]

You are shorting EUR/USD?

[solar spade]

yeah

do you have any tips ?

[icy wraith]

why are you selling lol

[quick radish]

thats why i didnt place an order

[solar spade]

still will go up ?

[icy wraith]

I mean I don't usually trade eurusd but its looking bullish. Why did you enter sell position?

[quick radish]

@icy wraith what do you think on gold ?

[nova edge]

Eurusd horrible today lol

Thx the gold

Anybody trade US30 or nas100?

[icy wraith]

I'm only trading gold and gbpjpy.

sheeeshh

[nova edge]

Good choice

[icy wraith]

50 pip move in 1 candle

[solar spade]

@nova edge if not gold i would loose a lot of money today lol

fu**ing EURUSD

[rich lily]

@solar spade what agility you use for gold?

[quick radish]

i;ve been loose in gold fucking hell

[solar spade]

im testing it all the time. I am new here

What do yuo recomend ?

[rustic cobalt]

hi, which is the best exchange for the forex market?

[icy wraith]

Are you guys still in sell for EURUSD haha , it doesn't look so good for you.

[rich lily]

I am also new,, I dont know, I have been using 37 agility for gold. @solar spade (Correct me if wrong)

[solar spade]

Im out hahah

[solar spade]

@icy wraith lost like $80 on it

[jade niche]

i just curious, why dont we follow the recommendation from LUX?

[solar spade]

but recently I had a nice profit from gold

[solar spade]

What time frame are you trading on ?

[rich lily]

15 min.

[solar spade]

yeah i think 37 is not bad

I have 35 agility and 22 sens

[rich lily]

Great ! Thanks

[severe glade]

Do you guys think eur usd will still go up?

[solar spade]

I am not touching eurusd after todays losses haha

only gold for today

[severe glade]

I havent tried trading anythinf aside from forex. Any tips on begginers for trading gold?

[oak temple]

hey guys! I’m looking for the best fx pairs that respect the most.. any pairs you guys recommend? 🙂

[solar spade]

@icy wraith what agility and sensitivity do you use for gold trading. And what time frame ?

[high lance]

Eurusd, audusd, eurgbp, euraud

[oak temple]

thank you! is London session the best time to trade these?

[icy wraith]

@oak temple Hello, it really depends on what suits you the most, you should tryout for yourself and find out what pair works the best for you, I like GBPJPY (I really recommend it). I like pre NY and NY open, and later in the day NYSE open. London is cool too.

[oak temple]

thank you! I’ve been trading nas100 and I have good days and bad days because it moves sooo quickly so I’m thinking about practicing another pair.. thank you for this 🙏🏻

[quick radish]

gold up ?

1745 ?

[icy wraith]

No worries @oak temple and yes nas100 moves quickly, be careful.

@solar spade I am not using confirmation signals indicator. I use other indicators that lux provides. I feel like other indicators are underrated haha. 😄

[rustic cobalt]

hiii, im looking for the best broker for the forex market any sugestion?? right now im just investing in crypto with binance so idk which one is the best

[icy wraith]

https://docs.luxalgo.com/useful-links/recommended-brokers

[rustic cobalt]

ty

[delicate perch]

Hey guys I want to get into forex trading can anyone recommend a good broker ?

[icy wraith]

https://docs.luxalgo.com/useful-links/recommended-brokers

[icy wraith]

how it feels to spam the same link over and over

[maiden oxide]

Could anyone dm me their settings for day trading/scalping strategy?

[keen sparrow]

Someone from PL 🇵🇱 ?

[fringe quartz]

One tip luxalgo also mentions on their signal video.

1. Bot just sent us 2h buy signal on usdzar. If you pay attention to next candle it is still red.

2. Wait for candle to breach over the signals candle resistance on lower time frame before you enter a trade

3. Ride till next resistance (can be found through fibo levels, luxalgo Tp/Sl levels, luxalgo predictive support&resistance levels)

4. Trim some profits once you are profitable let the rest run until 9&21 emas are about to cross down or any candle closes below 9 or 21 ema. Or ride it till you see red dot on oscillator or once price reaches to overbought reversal zone.

5. So many options to be profitable.

[solar spade]

witam

What do you think about gold now ? up or down ?

[icy wraith]

Idk, im not trading rn anyways, gotta stick with my trading plan.

[celest sluice]

I have been mainly trading crypto for a while now and would like to start with forex too, what are the most common market hours and pairs to day trade with?
I would like to mostly scalp

[azure lake]

Most common pairs to trade are majors, like EURUSD, gbpusd, usdjpy...etc, you can find a list of majors on tradingview. The most active trading hours should be the overlap between the London and New York session, each session is shown in the dashboard :)

[solar spade]

someone trading US30 on a 1 min chart right now ?

[glad ledge]

what about today scalps, any ideas ?

[celest sluice]

Thank you alex, and best TF for scalping? I do know forex moves far slower than crypto, so would need to work on my patience

[azure lake]

There isn't a specific 'best timeframe', but most commons tf for scalping are 1 and 5 min, I would recommend 5.

[icy wraith]

Im using 30m for 10-50 pips daily (1 or 2 trades a day) when there is no volume in market i don't trade at all that day. So usually there is 1 setup daily with my strategy, maybe you'll find more, btw im only trading 2 pairs so maybe that's why.

[nova edge]

Nas100 or us30

[solar spade]

I am trading US30 today

[rapid wasp]

anyone think eurjpy will bounce back today?

[solar spade]

goes great

[severe glade]

slow day for eurusd today meh

[rain solstice]

☝️☝️
See what happens trialing the malfx strategy with the auto confirmation signals haven’t done loads of back testing but the tests I have done seem promising. TPs at 1.5RR with SL just above. previous high. Early exit if price closes on the opposing side of the pp200

[iron stag]

I use part of that strategy using the pp and tdi and haven’t lost yet when I stick to the rules

[celest sluice]

@iron stag what strategy?

[rain solstice]

Interesting how does the tdi work??

[quiet pier]

Can you share your settings and rules bro

[iron stag]

The malfx strategy using lux. I’ll show an example

[iron stag]

On the tdi I’m looking for the “fish out of water” aka price going out of the bands and at oversold or overbought levels. Waiting for support or resistance levels to be respected after a strong buy or strong sell. Only taking trades in volatile periods because it could easily reverse and send me in drawdown . I scalped this in two parts yesterday using the 5 min . Same strategy. Pp signal slope showing uptrend. This second scalp was price breaking out of an ascending triangle and momentum off an order block .

I’m adjusting sensitivity all the time between 20 and 28 depending on the pair. I’m finding more smooth trades on gbpchf and eurcad

[fringe quartz]

I am still learning man as well still testing. But what I am currently doing is looking at the bot signals and I do naked charting to mark my levels to see bot signals are valid and I wait for the next candle to see bot signal direction, then I enter. Settings are default when bot signals which is (12,26)

And I am only caring about 15m& upwards time frames. I look for 5 min to choose my entry point

[ornate sonnet]

what's your settings

[solar spade]

sens 18 and agility 37

1 mi nchart

1 min chart

[surreal aurora]

whats you settings for osillator ?

[untold basalt]

I think ill be trading NY over London for now on. Seems like my strat spits out a us30 win most days. No need to fuck my sleep to trade london

Plus whenever i trade london i miss out on NY trades and i seem to be more consistent with NY trading

Wrong chat oops

[fringe quartz]

@untold basalt how do you trade us30 ? I have oanda doesn't allow me to trade. I live in US

[untold basalt]

My broker is fxchoice

Us30 is a good pair. During NY time i always have good trades with it to the point im just gonna stop trading London. More sleep for me

[fringe quartz]

which pairs do you suggest for NY time ?

I will trade NY Time as well just got my broker today

[untold basalt]

Usd pairs

Or us30 nas100

[fringe quartz]

Thank you!

[untold basalt]

Np. You can get some good trades london too but i live in the east coast so trading london is never really worth it for me. End up sleeping during the day

[fringe quartz]

Yeah for me as well, would be late at the night

[untold basalt]

Oh yea for sure. Not ideal for east coasters at all. Nobody wants to sleep during the day

[fringe quartz]

Pairs are moving so slow. I am in EURUSD GBPUSD and USDCAD

I just transitioned from stock market maybe that's why 😄

[untold basalt]

For usd pairs or us30 ill usually wake up in the morning couple hrs before new york

But at this time no

[fringe quartz]

oh I see so volatility must be very low then it doesnt make sense to trade

[icy wraith]

try GBPJPY - pre NY, NY open and NYSE open

[fringe quartz]

Okay thank you!

[iron stag]

Almost took a L on GU cause of the consolidation. but patience pays and saves

[solid parcel]

USDCAD was big L

[iron stag]

Scratch that almost .. took that L

[solid parcel]

What sensitivity do y'all recommend for 1 mins to 5 mins trades

[iron stag]

im using 26 for the 5m

[untold basalt]

got a nice little scalp on audjpy and gbpnzd. 20 pips each

might trade tomorrow at new york open and close by 12 or 2 or maybe it might be shitty tmrw

[solid parcel]

Can someone share their settings for lux algo forex trading

[nova edge]

Thx the gold for this night and no finish to dump 🔥

[icy wraith]

What are you gonna trade tomorrow 😂 . @untold basalt

[glad ledge]

NZDUSD, what u think about it ?

https://www.tradingview.com/chart/NZDUSD/X883hkju-NZD-USD-Sell-breakout-Short/

it look like a good time for long poss

[icy wraith]

Looks good.

[keen sparrow]

EURCHF what do u think?

[untold basalt]

Probably nothing but it doesnt hurt to check for any scalps

Did that at london wasnt even trying to trade and found two opportunities then. U never know

I dont like fridays anyway but doesnt hurtto check

Only need my phone for that nothing more 😉

[icy wraith]

Probably nothing because markets are closed tomorrow.

[untold basalt]

When I said tomorrow I meant today

🤦

Said that at 3am

Obviously meant the early morning as in right now

[quick radish]

Fuck i lost all my money on gold

He dump fast on 1730 then get back fck shit

[hazy lynx]

@cedar jackal any help ?

[nova edge]

Eurcad can up now no ?

if anybody trade this devise

[lavish vault]

https://www.tradingview.com/x/Vwfk8gOT/

Markup from my trades today, into the study file 💸💯

Hopefully this helps a few people ^^

[lavish vault]

6 sensitivity 26 ability

[lavish vault]

6 sensitivity 26 agility on low time frame charts

[analog whale]

Excellent!

[dull phoenix]

Is their pattern detection in forex ?

I didn’t seen it in discord group

[past acorn]

not currently @dull phoenix

[dull phoenix]

Are we getting that setting in future ?

[keen sparrow]

Guys how do you place your TP and SL?

[hazy lynx]

Hey thanks for sharing this information is very helpful for @everyone in this community.. which ltf you using it for (1-5min) and in all pairs even gold?

[viscid shard]

🤞🏾hope we do

[untold basalt]

lets get this money run up 50 lot trade on market open

[strong acorn]

Hello

Do you only trade GJ?

[lavish vault]

@strong acorn @hazy lynx

I mainly only trade GBPJPY and EURUSD

Stuff with a really low spread and high volume

The strategy works on all time frames

These are the highest volume pairs, if it's not on the list I don't even look at it, just because it's on the list doesn't mean I actually trade it, these are just pairs that tend to move 60+ pips every 24 hours

I also have an EMA indicator that I just coded to condense a bunch of EMA's into one called "bank heist" , search it on tradingview, you'll see it line up like a champ with the settings mentioned

[hazy lynx]

You so helpful I appreciate it 🙏🏽🙏🏽

[celest sluice]

@lavish vault thank you so much for your tips and directing us to your indicator. Could you kindly advise maybe in private chat what the arrows suggest on thee chart?

[gray surge]

@lavish vault I was looking at your indicator, I got ema 200/800/3200, I know relation between ema 5/50, but what's 13 ema doing in between still cant relate to that?

[lavish vault]

@celest sluice it's in the description of the indicator, two candles cutting through 13 ema , second candle engulfing

Its a strategy that turns out really isn't that great, but there is a company that sells that strategy as proprietary that they created and all that

@gray surge when the 5 and 13 cross as counter trend, that is confirmation that the short term trend is over and the final call that you should exit your position and prepare for a pullback to the 50

[celest sluice]

cheers @lavish vault

[lavish vault]

@gray surge you can also just remove the 5ema and exit when a candle closes across the 13 or in other words when a candle closes in between the 13 ema and 50 ema

Or obviously the other way around would indicate trend run beginning 📈 😉

[gray surge]

Thanks @lavish vault, will try that today

@lavish vault I was using 5/50/100 ema to day scalp, will add this too

[gray surge]

Had this recent play using 3ema (5/50/100) @lavish vault check this out

If it hits my SL 1 I take out 30% of position and at SL2 completely out.

[lavish vault]

Looks good 👍

[gray surge]

It works most of the time

[lavish vault]

Yea, the 50 ema is market equilibrium, it will always pull back to that, any other higher period Ema is just to confirm the overall trend

[surreal aurora]

Do you draw trendlines yourself ?

[celest sluice]

@karmic swan how much must the main account be to risk and make $4k a day.
What a beast

[surreal aurora]

All about how much you want to risk and risk to reward 🙂

[celest sluice]

Depends. Someone may have 40k and risk 1% to a RR of 1:4 and make 4k with 3 trades.

[surreal aurora]

Do you have any YT video ?

[jagged slate]

Sorry guys that's a no go in main chat

[celest sluice]

sorry @jagged slate

[untold basalt]

got stopped out on gbpcad earlier cus my stoploss was too tight and what a surprise this morning it dipped almost 100 pips
too much time admiring the juciness in the mirror damn

[untold basalt]

dropped few lots on EU this morning and it paid off. to think i had some clown tell me there is no such thing as fundamentals and technicals. well guess what... i dropped 3 lots this morning and trade went immediately in my favor thanks to the negative usd news

[solid parcel]

Binary options

[bronze igloo]

HI, am new here, (but not to Forex) ... can someone point me very specifically to instructions for creating an alert on institutional volume ? Thanks

[jagged slate]

This currently isn't possible to set alerts on

It would be a nice addition though

[bronze igloo]

Thanks

[iron stag]

GA did a similar dance with me but i held my nerve, woke up in blue

[untold basalt]

good stuff man. I shoulda re entered but i was long gone by that point. My stop was definitely too tight for a pair like gbpcad. not rly my favorite pair

[loud socket]

Why do most of the lux discord alerts go in the opposite direction, that is, does a forex pair have a strong buy, and it will sell?

[loud socket]

Or how do you recommend me to carry out the analysis for the forex operations sent by the discord scanner? Since sometimes it takes them as a reversal zone, that is, the opposite of what the alert said

[past acorn]

Scanner signals are ideas, not to be followed blindly - it’s recommended to look at the market as a signal has gone off to judge if there’s an opportunity or not

Confirmation signals are best for trending markets, so if market is ranging it can be expected for it not to play out

[fringe quartz]

Usdjpy

Setting up the W for mid week reversal to the upside Risk to Reward 1:2 or 1:3

[stark inlet]

Likewise

[fringe quartz]

Eurusd setting up as well wait for M to appear to short. Red box is a key level taken from Weekly. Risk to reward 1:2 or 1:3

These are powerful low&high of the week reversal plays

[nova edge]

Gold going down?

Who trade EURUSD actually?

[fringe quartz]

Market makers 🙂

[stark inlet]

Got on 1 hour time frame waiting for the sell it’s at good level rn too

[fringe quartz]

Yeah at the key level

[stark inlet]

19700 could be resistance

[fringe quartz]

Thats what I exactly marked. Phsychological level

[stark inlet]

Yeah mate, u looking get in short at that what u reckon is go down till 1.19250 seems resistance it could ride to on 1 hour chart

[loud socket]

So how can I trade the scanner alert for best results?

[stark inlet]

Resistance levels round numbers, I use 1 hour 4 hour and 15mins to make my trades 🙂

[fringe quartz]

@stark inlet I wait for M to appear I enter at the middle of middle to the downside then I go 1:2 or 1:3 risk to reward but I gotta see M. Usdjpy is looking better now I am watching on it.

[past acorn]

It’s not meant to be traded blindly, it can be helpful to be aware of the signals so you can keep an eye on markets and know when to check them out @loud socket

[fringe quartz]

@stark inlet thats pretty much how I trade too 🔥

I am trying to go 100 pips with round numbers

[onyx musk]

It's just a supertrend, you have to simple try luck by 50% chance if any signals works else account to wipe off sooner or later. I am working since 1 month I did not find any specific method to use this algo

[loud socket]

thanks, I have noticed if it is not a super strong trend on my analysis chart, I just put it backwards, 30 SL and 30 TP, I expected better things on lux something but it seems that it is not so impressive

[onyx musk]

Same here i just paid for 1 month trial, will cancel subscription before auto renewal😋

[past acorn]

This is inferring signals are meant to be followed blindly “by luck”, which we explicitly say not to do. Strongly encourage you to read our docs https://docs.luxalgo.com so you can understand the toolkits we provide

[past acorn]

If you analyze the state of the market, you can know how to filter out signals, this is what the dashboard is for https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard

[untold basalt]

Up 20 pips. Coulda been up 30 if sell limits actually worked. thas why i dont use limit orders they dont even work

[fringe quartz]

Eurusd is ready to be shorted as well

[untold basalt]

Was just looking at that now

[untold basalt]

Caught the sell on GBPCAD earlier but i will be watching EU and AU for 8 am - 8:30am new york

Just looking at how they are moving now big moves gonna happen

Gonna go ham on those since my gbpcad lot size was small due to late entry

75 pips is very probable even with my late entry

[untold basalt]

@fringe quartz didnt go through since nothing happened to EU

Caught the AU buys though

[fringe quartz]

@fringe quartz my stop loss is above the M 1.19756 I am still waiting for it to drop

Check usdjpy as well going slow

[glad ledge]

NZD/USD buy signal, looking really good
also EUR/AUD, strong sell with support

[untold basalt]

Up 25 pip on au might close half and let it run

[glad ledge]

right now im on 300 pips on nzd/usd

[untold basalt]

4h buy?

U dud

[glad ledge]

yy

[fringe quartz]

@untold basalt I got stopped out😄😬

Still in usdjpy

[untold basalt]

Indeed I never entered it because it was ranging a lot and then this morning was bullish

pushed up this morning and pushed up some more when fed powell spoke

[fringe quartz]

Yeah kept legging up lets see if it going to give another M 😄

[quick plover]

but i am new in this so please be gentle 😄

[icy wraith]

good way, i think tjis is the way how u have to get signals

well done @quick plover

[quick plover]

thank you really!

[fringe quartz]

Shorting AUDCAD

I am waiting for the last small leg up to create M pattern

Shorting gbpusd now

[fringe quartz]

When your analysis matches with luxalgo 💪🔥 bot has signaled just now. Free game

Gbpusd is on its way too since I shared hope you guys see how powerful these catches can be. High and low of the week trades. Market makers, banks, institutions trade these setups

[nova edge]

Time to sell gold

[craggy yacht]

Gold going bye bye

Nvm

Lol

[glad ledge]

looking on EUR/USD asc triangel pattern forming, will see if there ll be some solid signal 🙂

[untold basalt]

Yes it will go up 👍

The dollar will be weak in ny session

[neat bison]

is there have any bot work with lux algo? sorry im newbie

i mean auto trading

[flat umbra]

We don't generally recommend auto trading with Lux as it was not specifically designed for it @neat bison

It is possible to connect Lux to 3rd parties such as 3commas, but as said before, we don't generally recommend unless you are experienced in doing so

[neat bison]

thank you for reply. okay i got it

how much best TP/SL distance for 1hr timeframe?

[flat umbra]

See here https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/tp-sl-levels-feature @neat bison

[celest sluice]

@dusky yacht absolute beast calls 💪

[dusky yacht]

Thanks!

[untold basalt]

I would suggest checking out NZDJPY on the 4hour chart

[icy wraith]

👍

[vast heath]

Evening guys what's with the gold ?

Any thoughts on the direction of the gold next week ?

Is it gonna reverse downwards any soon ?

[hearty orchid]

I m short

Gold

Tgt 1758

[uneven plover]

good short

[hearty orchid]

Is gold halted?

[craggy yacht]

Sells on gold

[hearty orchid]

M trying to see what the position is

But dont see it moving

[last pewter]

Market seems super sluggish this week. Been looking since monday but across the board on several currencies there just isnt much movement. Hopefully next week is better.

[upper lagoon]

anyone watching gold

I am looking for a sell off

[rich lily]

Im doing sell

[upper lagoon]

would like to see a 150-200 pip drop

due for a pullback fro sure

@rich lily are you in the sell already?

Im going to wait for a breakout of 15 minute range

[craggy yacht]

Gold going to hell

[rich lily]

yeah, did i make mistake?

[craggy yacht]

Stacking thease sells

[upper lagoon]

No

I am just curious your opinions

would like to see algo throw out a strong sell

[craggy yacht]

Gold gonna sell off like

[upper lagoon]

yea

when it goes everyone gping to be selling

200 pip drop im thinking

[rich lily]

😆

[upper lagoon]

would love to catch the whole thing lol

[craggy yacht]

Threw my whole life savings on gold sells

[limber radish]

Anyone see the wedge being broken on GBPUSD?

On the 4H?

[stark inlet]

We reckon gold drop more?

[upper lagoon]

wow

u know whats crazy to me

how can the lago put a sell in the chart and thyen now i look after the chart goes up and its gone???

algo*

???

[azure lake]

Signals are confirmed at the opening of a new bar, since the closing price vary then signals can appear and disappears in the last bar. This is common for all indicators using closing price on tradingview.

[upper lagoon]

thats silly

it said sell on gold 1 hr

and i was feeling sdell

sell

so i sold and now its there

[last pewter]

It's better if you wait until the bar closes, upwards of 15 mins or so to confirm if its indeed closing. Sometimes a sell will pop up and if you don't wait for it to close it might just disappear and the trade will continue as a buy.

It's pretty simple just wait and don't react right away when a signal comes up

[icy wraith]

Hi everyone, what do you think about EURUSD? I'm doing sell 🤔

[sour hedge]

Ranging on eurusd. Overall uptrend

[icy wraith]

Thanks

[waxen stag]

Hi All, just stated us9ng this amazing indicator today made over 2.5k on Gold and Silver and just starting to learn.

[last pewter]

I've kinda given up on the optibot. The results just don't seem very accurate anymore compared to the auto. I've done some comparisons over the last two weeks and the auto seems to just give better results overall

[past acorn]

Can happen of course @last pewter different styles, i think the autopilot is definitely powerful, especially considering you don’t have to worry about settings at all 🙂

[untold basalt]

I find optibot and auto similar but I'm using the auto so I dont have to switch settings every time i change pairs or timeframes

[last zinc]

How to turn on Auto? Is it Autopilot confirmation check box?

[past acorn]

yep!

[lavish vault]

https://www.tradingview.com/x/ug27fa9T/

GBPJPY looks like its going to crazy this week - up to 153 area again

[untold basalt]

Good spotting

[lavish vault]

Look at the last 4hr candle 🤣 90 pips

[upper falcon]

Does anyone trade GBPUSD? I'm in short position 😫

[jagged remnant]

long since 8219😬

[upper falcon]

8219 ? @jagged remnant 🧐

[jagged remnant]

ah, yea. 1.38219😄

[lavish vault]

https://www.tradingview.com/x/YZCRaV0E/

https://www.tradingview.com/x/Sq07Op9f/

[last zinc]

awesome setup!! Would you mind to share what settings do you use?

[lavish vault]

https://s3.tradingview.com/snapshots/n/NN3Kr1u8.png

https://s3.tradingview.com/snapshots/0/0eRpMH3H.png

I was late to the GBPJPY party this morning, but got 20 pips, gold did me dirty 2 times, but the stop loss was like 2 pips 😆

[lavish vault]

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

[untold basalt]

Bro why did gold do u dirty wdym

That shit bought like a mfka then sold like a mfka

[lavish vault]

The "SL" in the yellow, faked me out twice but it wasnt a big loss

[celest sluice]

@karmic swan you are absolutely killing it out there. Congratulations. Are you able to in anyway share your strategy / thought process going into a trade?

[viscid shard]

Does lux tell you where to put SL & TP also?

[karmic swan]

https://www.tradingview.com/x/5Vi2N9L2/

possible

[dull spire]

@karmic swan which timeframes do you prefer using to draw support & resistance?

[azure lake]

Yes, you can use the to/sl levels feature

[karmic swan]

daily/h4 sometimes h1

[celest sluice]

@karmic swan any tips?

[safe hill]

VIP forex signals (2H) are mixed bags , and the algo is not matching them

[azure lake]

Ar you referring to the scanner? The scanner use default settings on normal candles.

[safe hill]

yes

[lavish vault]

https://s3.tradingview.com/snapshots/t/TjkcZjTz.png

[celest sluice]

Are there any mentors in here? It's fair enough to show off your profits, but atleast try share some value too in regards to how other can win and succeed too.

I am looking for a mentor and hope somebody can help me

It is quite disheartening that people show off their profits but share no other value even after being asked politely.
I know you don't necessarily have to share, but responding goes a long way

[celest sluice]

@dusky yacht thank you for the signal, we are waiting for the entry right?

[dusky yacht]

I’ve already entered

The thing that happens lots - is money shots are shared, but the reason they don’t show how they did it, is because they can’t replicate it.

Not always- there are some good ones.
Watch for people who also share their videos on their how-tos

Also, many times impressive screenshots are lucky breaks

I’ve had them... lots.
But I don’t share. EVER. Because I’m building a portfolio to trade for an institution one day, AND - because I educate, there’s a TON of legal stuff that would need to be in place

[safe hill]

thanks for the insight @dusky yacht still learning

[dusky yacht]

I still have legal stuff, but I don’t need the same amount as i would need if I shared $$$

[coral summit]

Thanks @dusky yacht

Hope you make video on future explain how you trade with Lux

[dusky yacht]

Oh I have lots!

Mostly forex and cfds- but I show how I’d trade stocks as well in there

[coral summit]

Ooooh thats you 😍

[safe hill]

subing now

[dusky yacht]

thanks!

[celest sluice]

@dusky yacht thank you so much. As I had mentioned once before, you are the true GOAT in this group.

Maybe one day you can do a video on how scan the charts in a sea of so many pairs looking for an entry.

[dusky yacht]

Ya! good idea! I can do that today

[safe hill]

already loving the Dumb trading Streategy video on USDJPY

[dusky yacht]

haha.. yep.. I got a few dumb strategy vids

note: I don't do gold anymore.. it still works, but I have better profit factor on USDJPY and AUDUSD

USDCAD

[lavish vault]

What's the volume indicator on your charts that you post?

[lavish vault]

The histogram

[celest sluice]

much appreciated 😄

[dusky yacht]

Just recorded.. I'll edit it and paste the link in here

[dusky yacht]

WAE

[lavish vault]

Just what I needed, thanks!

[celest sluice]

Thank you for this 🙏 🙏

[severe glade]

Anyone still short on GBPNZD?

[dull jetty]

Can someone explain to me what the difference between pairs like eurusd and EURUSDi

[bright bluff]

Gold has reversed

[graceful reef]

What’s the best pair to trade in what sessions? London or New York?

[azure lake]

there should be none, it should just be a naming convention.

[azure lake]

The overlap between the London and New york session is often the one with the most activity across many majors.

[graceful reef]

Thank you so much. I will look into it and study those sessions more carefully

[lavish vault]

Does anyone use or heard of a 0 spread broker? I am not familiar with these and wondering what the difference and the pros/cons would be of this?

[dusky yacht]

You will be paying commission, usually around $7/lot

Most of them have the option to not have commission, but it's worked out inside the spread

[nova edge]

Btc Can up to 55400? ⚠️

[lavish vault]

Thanks, generally speaking do you know if its more or less damaging to profit?

the commissions vs spread

I'm just trying to decide if its worth itbecause it would allow me to have the words tightest stop loss for my scalping strategy, like 1-3 pip sl, but with spread its not possible

And it seems like you could get a real entry for scalping as well, rather then having to clear the spread

[worldly holly]

those anyone trade binary?

[stark inlet]

Does usd gold want to come c bf ack up

Back up *

[neat bison]

gold is awesome today

[merry dove]

Any one figure out sensitivity and agility best setting of D1 for XAUUSD

[safe hill]

go on youtube and watch @dusky yacht video

[neat bison]

can you give me the channel?

[safe hill]

https://www.youtube.com/watch?v=hgHWfv4sJ3k&ab_channel=PaulKlaszus

[neat bison]

Thx bro

[bitter swift]

Does anyone trade binary with luxalgo?

[lavish vault]

I have tried, in theory and study it should work, but in my opinion and experience binary brokers just rip you off with spikes and wierd moves that aren't happening on trading view charts

Can try 6/26 settings and see for yourself, thats what i was doing but not profitable with a binary broker

[bitter swift]

Oh thanks, I will keep trying

[bitter swift]

That means it doesn’t work for binary?

[lavish vault]

I dont know

binary doesn't work for me would be more accurate i think haha

[past acorn]

We provide toolkits that can be used really in any way possible, just as other indicators would. Confirmation signals shouldn't be the only thing you're looking at when trading, they're designed to help confirm trends. Other features such as TP/SL levels or reversal zones may suit you better in binary alongside the signals!

[loud socket]

anyone see's sells on gbpjpy?

on the weekly tf have a rejection of 88.6 fibo

[merry dove]

Why sell why? I don’t see any opportunity to sell

[lime lintel]

Binary Options is a BS scam, I only trade Crypto, Forex and Stocks 🤑

[bitter swift]

A scam, really?

[flat inlet]

Hello may i know whats the best sensitivity and agility setting for 1H time frame?

[azure lake]

these will be given by #797529997731561522 🙂 Also see the recommended sensitivity on the dashboard, see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings for more info.

[dusky yacht]

Oh my! I'm sorry I missed this; Every broker is different; I'd test both in a demo. My broker does well .. commissions $7/lot and I scalp with better profits than if I rely on larger stop losses and take profits to account for spread

[lavish vault]

All good, thanks for the follow up and advice!

[dusky yacht]

happy to help

[unique pecan]

is the optibot15m, the best settings for the 15m chart?

im new to this

[jagged slate]

It is for the past 5000 bars

[unique pecan]

is there a easy strategy for new traders to follow?

[vivid quiver]

basic market structure then just get better at it:D

[dusky yacht]

I got you

https://www.youtube.com/watch?v=CsDmD-p16rM

Backtest it first; it works better on major pairs

but not EURUSD

But I've been using this for a while now, with advancements

[unique pecan]

thank you

[unique pecan]

which WAE do you prefer?

v2 SHK?

[dusky yacht]

Yes. that's the one

[unique pecan]

for this, i shouldn't enter because the volume is low right?

[uncut heron]

Any thought on Eur Usd

[vivid quiver]

im short on it

[charred jetty]

What you think about GBP usd

I was short I just wait for the retracement on the hour time

[dusky yacht]

I wouldn’t, that’s right

[graceful reef]

What time the market close today?

[safe hill]

GBPUSD Long seems good ?

[vivid quiver]

maybe its on 4 hour support see if it breaks below or rejects

i think it will be a short personally

[icy wraith]

USDPLN seems to go up next days. What do you think?

[unique pecan]

i checked my strategy, and all are pointing to a sell with the strong sell signal (confirmation), but the contrarian signal is saying strong buy

what does it mean

[azure lake]

trend following and contrarians signals will often differ, this is normal 🙂

[unique pecan]

okay thank you

[unique pecan]

the strong sell disappeared im so confused

[azure lake]

in tradingview the closing price vary on the last candle, since the signals are based on closing price they might appear/disappear on the last candles, signals are confirmed at the closing of a bar.

[unique pecan]

ohhhh that makes sense. but on the forex botscanner it sent out a sell signal on 2hr chart, the strong signal was there so i went on a short position but it disappeared

i guess it was my fault

[shell salmon]

Hi, I'm new and I have a question , the buy sell signals will work on m2 or m3?

[azure lake]

The signals work on any timeframe supported by tradingview :)

[shell salmon]

which way is the best :

1. recomended confirmation sensitivity on dashboard
2. optibot on discord
3. Autopilot confirmation singal settings
   which i need to choose?

[jagged slate]

All are different approaches

If you don't like touching settings use auto pilot

If you like a short term best settings use dash

And optibot is over a massive period

[shell salmon]

I play on low TFs like m3, m5

[jagged slate]

The timeframe won't matter since it's number of bars dependant

Autopilot means you won't need to touch settings

[shell salmon]

Which candle I need choose normal or heikin ashi? Does it matter?

[jagged slate]

HA smooths data so looks nicer but of course isn't real closing prices

So it has advantages and disadvantages

It's a preference thing

[shell salmon]

thank you for everything 🙏

[iron stag]

Oscillator green, 50ema crossed 200 ema on the 5 min, strong buy came in on the 15 min,✅

[unique pecan]

does anyone have settings/strategy for short term or scalping?

that is easy to follow

[lavish vault]

Does anybody have a correlation chart that they use and trust and are willing to share?

[surreal aurora]

https://www.myfxbook.com/forex-market/correlation Look at this 🙂

[lavish vault]

This is amazing, thanks for that!

[true vigil]

What exactly is this?

[uncut heron]

Anyone trading Eur Usd

[thick cipher]

just logged on, and i'm about to

[uncut heron]

Thank you

What’s your TP

[icy wraith]

My messsage on USDPLN was right. The trend has just started and i think it will last for a while. :)

[safe hill]

is that based on a specific news

[icy wraith]

No, only technical analysis and my personal thoughts. Not an advice...

[icy wraith]

Anybody here who want to share his strategy?

[feral junco]

still did not trade it but i will trade it next weeks

[icy wraith]

Thx 💪🏻

[jagged slate]

https://www.tradingview.com/script/NeiIealh-Correlation-Matrix/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

Alex just made a nice matrix in Tradingview

May be helpful

[lavish vault]

Awesome, thanks!

[loud path]

hi What settings are you using 1 h ?

[summer glade]

What are the setting to get these shorter support and resistance lines

[jagged slate]

Those are pivot point S/R

That's our free script found on our TV profile

[summer glade]

Ok thanks will try is out

[sour silo]

i wanted to know how to join the chat where it shows when to buy and sell

[past acorn]

#🔔scanners-premium

[severe glade]

Anyone long on USDCAD?

[icy wraith]

Me also i search this grup me i no find 😪😪😪

[shy tusk]

you don't find what?

[primal ingot]

Question: After a long trial and error on demo, I am trying to decide which strategy to use in compounding the gains. I tried two strategies in terms of lot size per $1000 equity or per $100 equity when trading the major FX pairs.

Should I increase the lot size by 0.01 for each $100 added to equity? (Like use 0.01 for $100, then 0.02 for $200, then 0.03 for $300 ... then 0.09 for $900)

OR

Should I increase the lot size by 0.01 for each $1000 added to equity? (Like use 0.01 for $1000, then 0.02 for $2000, then 0.03 for $3000 ... then 0.09 for $9000)

Then 0.10 for $10000, then 0.11 for $11000, then 0.12 for $12000, etc.

OR

0.10 for $1000, then 0.11 for $1100, then 0.12 for $1200, etc.

Both approaches seem good in terms of risk management but which one of the two approaches is the real recommended approach? Where to set the SL as I often end up hitting the SL rather than the TP.

[thick cipher]

What do you guys see on USD/JPY? 15m & 1HR charts. Getting some consolidation

[polar cloud]

Can someone in here help me understand “pips”?

I need help ASAP fam

[faint crescent]

how do i connect alrets

[azure lake]

See https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview

[azure lake]

A pip is a unit of change, that is it is often used to describe the magnitude of a price change (EURUSD made a 2 pips move). One pip is equal to 0.0001 units.

[soft wyvern]

Are there any signals?

[jagged slate]

#🔔scanners-premium opt in here for scanners

[primal ingot]

Question: After a long trial and error on demo, I am trying to decide which strategy to use in compounding the gains. I tried two strategies in terms of lot size per $1000 equity or per $100 equity when trading the major FX pairs.

Should I increase the lot size by 0.01 for each $100 added to equity? (Like use 0.01 for $100, then 0.02 for $200, then 0.03 for $300 ... then 0.09 for $900)

OR

Should I increase the lot size by 0.01 for each $1000 added to equity? (Like use 0.01 for $1000, then 0.02 for $2000, then 0.03 for $3000 ... then 0.09 for $9000)

Then 0.10 for $10000, then 0.11 for $11000, then 0.12 for $12000, etc.

OR

0.10 for $1000, then 0.11 for $1100, then 0.12 for $1200, etc.

Both approaches seem good in terms of risk management but which one of the two approaches is the real recommended approach? Where to set the SL as I often end up hitting the SL rather than the TP.

[azure lake]

the first one seem to be more conservative, always use an approach such that you dont risk more than x% percent of your capital in one trade, where x is your risk aversion (often 2%), I would personally go with the first option (0,01/1000)

[primal ingot]

Ok man, thanks for the clarification. Therefore, I will use the 0.01 lot size per $1000 accumulated equity.

[azure lake]

that would be safer if you want to use compounding 🙂

Always remember to stay in check with your risk aversion and all shall be fine

[warped trellis]

Hey what sensitivity and agility settings are the optibots using when they make their signals?

[jagged slate]

What do you mean by this?

Optibot gives the sensitivity and agility

It doesn't use it

[warped trellis]

Sorry I meant the forex bot scanner. Basically if it gives a signal for a pair on the 2hr tf, what settings on the indicator is it using, if any

[jagged slate]

!visible

[icy wraith]

Our Discord Market Scanner alerts all use the following:

• Default Lux Algo (V3 inputs).
• Normal trading hours (no extended hours)
• Main exchanges / brokers such as NASDAQ / TVC / FXCM / OANDA / COINBASE / BINANCE

If you have created your own, custom TradingView alerts, be aware they are set per the exact settings you had at the time you set those alert(s).

[warped trellis]

Oh ok. Thank you for the help!

[quick radish]

any gues on XAUUSD going down or continue going up

[icy wraith]

It seems the autopilot sensitivity is giving different signals than the one recommended sensitivity gives

[jagged slate]

Yes autopilot doesn't use the recommended sensitivity

It estimates optimal settings

[icy wraith]

Oh ok thanks

[icy wraith]

Anyone get any good trades today?

[median sparrow]

Check gbp/usd for the short, its at the top of the channel currently

[icy wraith]

Hi, can someone show me how to use the new version of lux algo? Give me a strategy please

[jagged slate]

https://youtu.be/xezy6WGpZ8Y

This is a nice beginner strategy

[icy wraith]

Thanks

[icy wraith]

I see this dashboard on gold. Can you please tell me how to interpret it? What means 0%? Main Osc?

[jagged slate]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator/dashboard#lux-type-dashboard

You can find that described here; but it's the percentage of bullish data

[rotund grove]

Does anyone here do or knows someone who mentors forex ? I'm kind of new to the space, and needed some guidance

[celest sluice]

@rotund grove look for Adam Khoo on YouTube. The real master

[thick cipher]

When changing settings such as "S/L Significance" which way does the scale go? 9 being the stronger setting?

[azure lake]

9 is the highest available S/R significance, using it would return the S/R levels of longer term price variations.

[lean plaza]

I mentor forex

[rotund grove]

Would you be open to mentoring me ?

[rotund grove]

Thanks bro I shall sus it out

[ocean pewter]

Hey guys, i m a beginner and using mt4. When i place buy or sell order at standard why am i always down negative $40 to start. I know its a market order but just wondering

Why so much difference in price when i do market order thru the mt4 app. I am always down in negative when i place the order

[lean plaza]

For sure! Dm me

[lean plaza]

The spread. It’s the difference between the buy and sell price.

[lean plaza]

With a standard lot size, 1.00. That and you’re down $40. The spread on that pair you’re trading is 40, which calculates to 4 pips. So a standard lot size is $10/pip. $10 x4=$40

[ocean pewter]

So regardless i put market or limit order. I ll be down on price to begin with? Would i be able to get the exact price with no slippage?

Sorry i m new to forex. I trade futures

[rotund grove]

I sent you a friend request, it won't let me dm you otherwise

[lean plaza]

I accepted

[icy wraith]

any ideas on daily chart sensitivity and agility

?

[jagged slate]

You'll find recommended sensitivity on the dashboard

However optibot doesn't support daily currently

[icy wraith]

why are these settings considered the best ( what strategy) scalping intraday, longterm

was wndering since i will mostly short time stay in ostion

[raven axle]

Great question as I am a long term holder mostly. However always looking for dips to buy more

[icy wraith]

thats true but need solid one for daily chart as i longterm some short term positions to

[raven axle]

Ideally I would like to have access to 2 different settings: for day trade another one for long term

[icy wraith]

true that

[jagged slate]

You can find recommendations on the dash for that

[celest sluice]

I have been using LUX for about 2/3 months now.

I would like to compare notes with other here.

1. When you get a buy/sell strong buy/sell signal, out of 10 times how many times do you hit your profit? What R:R do you go for when using LUX?
   2.Do you change/optimise your settings on your TF based off the discord optibot settings?
2. What pairs have you found work best with LUX
3. What's TF have you found works best with LUX
   5.how aggressive do you go in based on LUX signals?
4. What other indicators do you prefer using with lux to confirm the signal?

I would love to hear back from you. Even if it's in PM. Hit me up.

I know the community here isn't so tight knit, but seriously would be great to hear back on this to compare notes and maybe work to get better results.

[icy wraith]

Hi everyone. I think that gold will go on sell tomorrow when I look at the lux oscillator. What do you think about that?

[willow dove]

Gold works well with lux, I use the 1hr time frame. I tweaked settings as missed couple spikes or big up trends so hopefully a better week from tomorrow. I think gold is a uptrend to around 1890-1906... maybe 1895 then a sell

[icy wraith]

Okay thanks for your advice

[icy wraith]

I’m looking to sell gold at around 1898. Looks like a strong resistance there and price is above 200 upper bollinger band on the 4H so definitely a big sell coming soon

[sand kindle]

Hey, any one can help with this question? Whats a good setting for MA(moving average)?

[jagged slate]

There is no real good setting

It depends on the trader totally

You can plot any single moving average value and find it useful

Some folk like the 50

Some the 7

[sand kindle]

Thanks

[icy wraith]

I personally use 8 & 50 EMA together

[signal zodiac]

i use 100 for trend
so it really depends on what you want to achieve with it

[sand kindle]

Thanks guys

[sand kindle]

Any suggestions on who to learn from or how to scalp trade?

[icy wraith]

When I scalp I mainly use EMA crossover on a low timeframe at a S/R zone from a bigger time frame. Using lux I now also wait for a strong buy or sell signal at the EMA crossover to then enter

Also use fib if there is a slight pull back

[sand kindle]

Thanks. Im going to give that a try

[icy wraith]

What’s everyone thinking for gold? Possible drop coming today/tomorrow or continue up?

[celest sluice]

Quick one @jagged slate
when setting alerts on different pairs, are the alerts set as per the algo setting is used for that pair, or does it change as per the most current settings on the pair last set?
In the alert settings box if I use any confirmation what will trigger the alert? just buy/sell strong buy/sell or other things too?

[jagged slate]

When setting the alert it will keep the settings used for that pair and the time of settings the alert

Any confirmation triggers Buy/Sell/Strong buy/ Strong Sell

[celest sluice]

Thank you @jagged slate
I am trying to make the most of signals, instead of creating one for each direction i can just use any, when the alert hits I can at least quickly check against my other indicators 😄

[sand kindle]

How do or did you set up ema? As far as getting the two lines on my trading view to see when they cross over?

[jagged slate]

You go to indicators at the top and search EMA

[icy wraith]

Yeah just click it twice so you get 2 then put one as 8 and other as 50

Or what ever numbers you want

[frigid hinge]

anyone have a go-to agility and sensitivie for 15m daytrading euro:usd? I been playin with it for awhile

[icy wraith]

Hi everyone, which indicator do you use to know if you must take optibot signal or not? I still don't know how to make profit with these optibot. Any strategy? 😩

[junior fjord]

I match the timeframe with how I trade the 30min and check the tickers it mentions look for potential entries long or short.. that's how I used it before

Its usually around 9am so gives you some time to check charts pick a favorite and trade it

[icy wraith]

Thanks

[devout brook]

hello can anyone tell me whats going on?

[manic kraken]

getting the same thing rn ^^^

[icy wraith]

Same here

[soft wyvern]

Same!

[icy wraith]

Think it’s TradingView cos other indicators are saying the same

[tall shale]

same ...

[icy wraith]

Same laptop is ok but not working on my phone

[tall dome]

lux, rsi and macd not loading for me

alright, seems to be working now

[jagged slate]

We shall look at this and fix now.

[atomic needle]

Hi guys what’s the best settings for forex pairs

[jagged slate]

You'll find those in optibot

Or the dashboard

[last pewter]

Is there a schedule for how often the optibot is updated.

[past acorn]

5min is everyday

15min, 30min is a couple times a week

1h & 4h once a week i believe

will have to check with our dev team exact schedule and put that in our docs

[atomic needle]

First day trying to use lux I was in red all day. I can use some serious help

[past acorn]

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

Have you gone through our docs?

We also have best practices on trading here: https://docs.luxalgo.com/trading-best-practices/introduction

[prime basin]

I like the 8 and 50 too, sometimes i use 8 and 13. Industry standards are 20,50,100,200

[thick cipher]

Can you elaborate on this a little more? So essentially what you are saying is if I'm trying to find multiple trades a day I should. Work on the 5min optibot?

[jagged slate]

If you like multiple trades per day, yes, you'd want a lower timeframe

But of course the lower timeframes are harder

[leaden zodiac]

which are easy timeframes to get better results at forex on it? coz on 5 min tame frame i had 6 signals 6 trades runing and only 2 of them were green the other big losses

why is forex so hard to trade😩

[abstract reef]

😅😅😅😅

Ask odin 😁

[azure lake]

@abstract reef not helpful 😦

[abstract reef]

Just kidding. I’m sending a solution

[azure lake]

there can be multiple factors, one being frictional costs, which are more significant using lower timeframes, we generally do not recommend using the signals alone, using them with other features in the toolkit can make them work better for you.

[abstract reef]

Today there’s a high impact news that was released after us open. It’s important to risk less. As it is the official start of the week

[leaden zodiac]

yeah iam using rmi and ema 13, 30 for trading at 5 min, had signals and it was actually good way to go, but trade changed direction completly after some time

lost eur nzd at 13:10 short

GBP/JPY at 15:50 buy

AUD/JPY buy same time

[hazy lodge]

i need videos for configuration

where can i find them

[past acorn]

https://youtu.be/OmvxpTE9tlw

[fathom hare]

need help please suggest me settings for shorter moves on 5 min time frame ....to catch 5 to 10 candles.....really appriciate your replies

[azure lake]

we have some forex pairs in #800747939226976266 , you will find the best settings in there

[fathom hare]

👍 👍 thank you😀

[untold zodiac]

Hello Everyone,
Does anyone know how to separate the pairs in different TradingView charts where the optibot settings are not to over ride when moving from a pair to a pair?

I have tried to have multiple charts opened but I was not successful. Any help is greatly appreciated!

[azure lake]

you can use multichart layouts, or use indicator templates if you want to save specific indicator settings for specific pairs/tf https://www.tradingview.com/support/solutions/43000543048-what-are-indicator-templates-for/

[vital sparrow]

With the paid version you can have multiple charts open in different windows

[icy wraith]

which broker good for scalping gold

?

[cunning vale]

XM Global

[earnest gulch]

anyone using funding talent?

[kindred echo]

What is the "fire" in state trending mean? Anyone know?

[past acorn]

Just means trending

[kindred echo]

the price will goes to that line?

[past acorn]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/dashboard#state

see here ^

[lean plaza]

I’m about to

[lean plaza]

I got verified to trade with 100k on ftmo. Their security is ass, the hacker that came through their systems almost compromised a chase branch here in the states. I know it doesn’t sound real but it happened

[wary steppe]

If I may ask what is the best setting for gold scalping and long trade

[halcyon kraken]

helllo guys i am new here

[past acorn]

welcome! @halcyon kraken

[halcyon kraken]

Going to study and see how the indicators work throughout the weekend. Looks nice so far.

[merry anchor]

When it says “Bulls by 13%” does this mean that bulls control it more than bears by 13%?

[past acorn]

Means bears have 87% control @merry anchor

[merry anchor]

Ahhh I see thank you for the clarification 🤙🏼

[next holly]

Any of you using a tradebot to automate Forex trading?

if so I really wants to know which company has it

[halcyon kraken]

has anyone had a situation where it sends a confirmation to buy. or sell but then few minutes later the confirmation is gone.

[cerulean sable]

It's really Awesome 😎🔥
Thank you so much Lux Aulgo ❤️

[jagged slate]

!confirmed

[icy wraith]

A signal is confirmed only once the candle is closed. Meaning a signal could appear on your chart but is not confirmed until that candle is closed and the next candle has started.

Our automated Discord bots will never notify you on any signal until the candle has closed and confirmed it. If you're adding alerts for Lux signals in TradingView - make sure to select "Once per bar close".

A signal is confirmed only once the candle is closed. Meaning a signal could appear on your chart but is not confirmed until that candle is closed and the next candle has started.

Our automated Discord bots will never notify you on any signal until the candle has closed and confirmed it. If you're adding alerts for Lux signals in TradingView - make sure to select "Once per bar close".

[halcyon kraken]

When a candle closes with a signal as buy or sell. Do we wait for the pullback?

[jagged slate]

You can do, some go to a lower timeframe to find the re entry

[fringe holly]

Im new here, I just got a confirmation, strong buy and after I opened the trade the signal disappear and went the opposite direction

Any tips?

[jagged slate]

Welcome ☺️

!confirmed

[icy wraith]

A signal is confirmed only once the candle is closed. Meaning a signal could appear on your chart but is not confirmed until that candle is closed and the next candle has started.

Our automated Discord bots will never notify you on any signal until the candle has closed and confirmed it. If you're adding alerts for Lux signals in TradingView - make sure to select "Once per bar close".

[fringe holly]

thanks

[halcyon kraken]

Offf the indicator?

[wraith fiber]

Yea

[sand kindle]

Question to all members. Are the crypto’s volatile enough in this current day to scalp trade? Consistently. Having been seeing profit reviews and it seems ppl are trading the crypto’s more and more

[wraith fiber]

It's possible

I'm in silver now

[onyx dome]

Any good indices settings ?

[unborn monolith]

Is AUD going down or is USD going up right now? trying to work out if the Aus Gov has stuffed up or if the US Gov is doing something good?

[sand kindle]

Any suggestions for MA settings, for a scalper?

[brittle meteor]

Heyy

[jagged slate]

Hi there

[sand kindle]

And does it also depend on the pair?

[rose sail]

Hello why is the sensitivity and agility continuosly changing

[azure lake]

In optibot? because the market has a dynamic nature, with always different variations, hence the change in the optimal settings

[rose sail]

Yaa but how often does it change ! I mean is there any specific time period?

[azure lake]

we don't have such metric, but optimal settings will tend to change every run, however previous optimal settings do not drastically have decreased accuracy.

[rose sail]

On trading view we get recommended confirmation sensitivity ! What is the difference between optimal setting and that one

[azure lake]

the recommended sensitivity in the dashboard is based on the current agility value you are using, while optibot will optimize both sensitivity and agility, if you want to learn more about signal settings and which method to sue I would recommend reading https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings hope this helps 🙂

[rose sail]

Ok thanks

[wispy saddle]

From what timeframe should I start with Lux Algo

[jagged slate]

If you're new anything over the 15m is recommended

[wispy saddle]

ok thanks

And if I turn off the computer, will it still notify me in the email?

[jaunty sand]

Love watching your strategy videos, does this strategy " https://www.youtube.com/watch?v=rZTpPGqt4To" only work with btc ?

[jaunty sand]

yes, you can set alerts in tradingview and you will get notifications everytime a signal pops up

[wispy saddle]

Oh, that means after installing I won't need to open tradingview 24h anymore

[jagged slate]

Thank you 😀 It should be fine to apply to other assets

[jagged slate]

You don't have to keep it open 😁

[wispy saddle]

Thanks

[sand kindle]

Any one here scalp trade? Looking for tips and advice

[jagged slate]

!chart gbpusd 15 RSI MACD LinearRegression

[icy wraith]

@jagged slate

LuxBot

GBPUSD 15 Chart

Full Interactive Chart

Made with ❤ by LuxAlgo.com

[jagged slate]

!backtest gbpusd 15 rsi(14,80,20)

[icy wraith]

@jagged slate

LuxBot

GBPUSD15 Backtest | 3 Trades

Equity Final [$]

0.025

Equity Peak [$]

0.026

Max. Drawdown [%]

-0.0

Win Rate [%]

66.667

Worst Trade [%]

-0.394

Profit Factor

5.469

Made with ❤ by LuxAlgo.com

[azure lake]

!chart EURUSD 15 RSI MASimple

[icy wraith]

@azure lake

LuxBot

EURUSD 15 Chart

Full Interactive Chart

Made with ❤ by LuxAlgo.com

[ionic kelp]

Anyone have success with view scanner ?

[icy wraith]

hey everyone, i hav e request.. i am new to the LUX and I definitely see the potential to take my trading the next level with this , but to be honest,, i guess im needing some help with the settings. Ive had it for about a month now,, and im finding that Entries are a candle or two Late,, im missing alot of the moves. and my entries are also a little late.. Im not so good with figuring out the settings so I was hoping somebody would be kind enough to help me with a Day trading strategy with SEttings? something that i can be in for an Hour or possibly hold for a day or two, . Any assistance would be greatly apprciated.

[steep parcel]

!backtest gbpusd 15 rsi(14,80,20)

[icy wraith]

@steep parcel

LuxBot

GBPUSD15 Backtest | 3 Trades

Equity Final [$]

0.023

Equity Peak [$]

0.026

Max. Drawdown [%]

-0.0

Win Rate [%]

66.667

Worst Trade [%]

-0.394

Profit Factor

5.089

Made with ❤ by LuxAlgo.com

[azure lake]

We cover signal settings in depth here https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings, trend following systems will often miss a part or the entire move of interest, but you can use a more contrarian approach if you want to have a better timing, hope this helps :)

[icy wraith]

hi, , ya ive been thru all that already..

[jagged slate]

If you're looking for strategy ideas have you seen any of my videos?

[icy wraith]

id ont bleieve i have ,, id appreciate the link> i d like to go thru those,, im basically in search of a system or two that i can begin zero ing in on and makin gmy own.

[jagged slate]

https://youtube.com/channel/UCDM5XcH0ogAPkNMGE8zK_og

Here you go 😊

[final charm]

If I am winning 9 out of 10 trades using a demo account. Should I go now to live account? By the way, I am using Lux Algo to have those win trades.

[mint olive]

@final charm very nice m8, what are the settings you are using?

[icy wraith]

USD/JPY highly over brought on the rsi if anyone wants to keep an eye on it, could be seeing a strong selling position very soon

[final charm]

@mint olive I consider all of these factors. I hope you understand. I cannot explain it well because I am new to lux algo and new on trading forex.
By the way, 30 minutes, 1 hour and 2 hours should have the same or similar image like this.

This is a sell position.

Should I trade now on live account? What do you guys think?

[mint olive]

Nice man

Personally what im doing now, instead of trading with demo, im trading live on tiny account just to feel it

[stark holly]

smart

thats the best way

[mint olive]

so im trading on 100$ account cause im still learning

[stark holly]

just use small lot sizes until you can prove your strategy

[mint olive]

Yup

[stark holly]

what you trading ?

[mint olive]

FX only

[final charm]

I use 30000 on all of my trades on demo account. Is it good?

[stark holly]

nice i trade gu and eu

[final charm]

I mean 30000 leverage

[stark holly]

30,000 levergae?

i dont think that exists lol

maybe im wrong

[mint olive]

its not exist lol

everything is easy on demo bro

[stark holly]

its better to trade on demo with an amount you can acvtually afford

keep it realistic

[final charm]

I mean like this. Sorry I am newbie to forex

[mint olive]

switch to live account

tiny live account

[stark holly]

lux algo kicks ass for real though i scalp on the 1 munute and risk 3 pips to catch 9 . and i crushed it this morning

[final charm]

Thank you so much guys for the advice

[stark holly]

np

[final charm]

qty 30000

[jagged slate]

Sorry that's against rules

Feel free to DM

[mint olive]

Sorry Admin

[jagged slate]

All good :)

[modest anvil]

indicator is awesome! just combine it with market structure and price action and you will be good to go!

[steep parcel]

Guys please can anyone suggest a good forex broker which provides a decent leverage.

[tawny lava]

With the Lux indicators, is anyone changing the indicator settings when switching between different Tradingview timeframes (eg 15m, 30m, 60m, 2hr, 4hr)? Or just keeping them the same? Thanks 😀

[icy wraith]

I just use autopilot personaly

[fringe holly]

any good strategy for 15min gold?

im tired of losing and losing

[jagged slate]

Have you seen any of my videos?

[fringe holly]

no

[jagged slate]

Some nice trading ideas there

https://youtube.com/channel/UCDM5XcH0ogAPkNMGE8zK_og

[fringe holly]

thank you

[shy spire]

I have a question. Do you only take the Buy signal when the oscillator is above 50( upper level) Sometimes you get a Sell signal while the Oscillator is green upper Level , Do you ignore. Thank you in advance.

[digital birch]

!help

[icy wraith]

​No Category:
  backtest 
  chart    
  depth    
  ha       
  help     Shows this message
  luxbot   
  news     
  ticker   

Type !help command for more info on a command.
You can also type !help category for more info on a category.

🚫 Pikantes_INDEX, you can't use that.

[rugged pivot]

NZD/USD Top signal

Got 40pips

[golden scarab]

whats going on with usdcad?

why it keeps going up?

[proud adder]

Anyone from US?

[icy wraith]

I’m from Houston, Tx

[lost totem]

Same here

[icy wraith]

Nice!

[jaunty marlin]

Hi

[potent rover]

Not from there 🤓

[terse root]

Anybody care to comment on this breakdown?

[charred jetty]

@terse root its fake breakout he will continue down

[keen helm]

Yes I tend to agree, GBPUSD is heading into bearish territory per the higher timeframes. Look for price to break down through the 1.3700 area and continue.

Also notice the huge inverted cup and handle formation on the daily timeframe. The exact opposite of USDCAD which I'm trading right now.

On the 4-hr notice the formation of a descending triangle about to complete the handle portion of the inverted cup and handle pattern of the daily.

[final charm]

Do you think EURUSD will be Short/Sell position?

[final charm]

EURUSD is a take profit earlier for Short/Sell

[whole leaf]

Hey everyone, LuxAlgo newbie here. I've looked at Gecko's stuff and it seems to be going well. I'm using a bit of a mix of them. currently using reversal zones, trend catcher and normalized oscillator. Any other suggestions that has worked for others. I'm currently working with the 5 min and starting to look at 15/1hr for trend confirmation

[late coyote]

im working on 15 min candles with crypto and cant see to get the settings on this right....is way 2 late on its calls...tried messing with agility and sens and tried auto pilot settings and the optibot settings

[jagged slate]

Have you seen my videos?

Using signals alone won't end well especially for entries

It's not their purpose

[keen helm]

EURUSD is taking a nose dive right now. It needs to cross the 1.7600 level and then it's likely going to continue down from that point.

It's currently sitting between two key levels of 1.8500 and 1.7600 trying to decide which direction to go.

I think there's more resistance above price than below it so....

[austere garnet]

With the dollar going strong like it is I would not go against it right now, on any pair with usd

[keen helm]

Exactly

[icy wraith]

I’ve gone against it 😂

[austere garnet]

You can from time to time but the dollar has strength in the market at least these past days

[icy wraith]

Yeah definitely agree, saw potential for a reversal on EUR/USD and playing out well so far

[austere garnet]

Yea I have been trading the AUDUSD pair that way

[frozen shale]

Hi! I'm new here! Can you guys help me where I can get the signals?

[jagged slate]

Welcome 😊

Discord scanners?

[sonic pewter]

@jagged slate why not use trade singals alone

Is that not the purpose? That's what all the sponsors show

[jagged slate]

We sell indicators here so they are tools for trading

Following signals blindly isn't a realistic objective; otherwise it's essentially a money printer 😅

[sonic pewter]

Well 😅😅😅

[jagged slate]

Confluence is key

[sonic pewter]

I saw tiktok'rs and such doing that I bought this for that purpose ngl 😂

[jagged slate]

We sadly aren't responsible for what creators produce. Ours docs contain lots of disclaimers, explanations and our strategy videos show how to use them effectively