Sensitivity - can be adjusted for reducing noise and decreasing or increasing the amount of signals on your chart. The higher the sensitivity the less signals appear. Default is set at 12.
To adjust settings, do the following on your chart:
Most use the recommended sensitivity in Lux Dashboard, or just use the default of 12 which generally has a great performance across every market. If manually adjusting, we recommend a range between 10 & 50.
OptiBot - Lux Algo users who join our Discord are granted access to the VIP section where we have a settings optimizer bot. This frequently shares the most profitable settings across every market on the 5m - 4h timeframes as you can see below.
Agility- Found in the "Advanced Settings" part of the Lux Algo Premium settings menu. It allows our algorithm to avoid ranging markets and is used by OptiBot to find the most precise settings for users.
The scanners are found within our Discord server once you've been granted access to Lux Algo after purchasing.
We have thousands of Lux Algo signals setup from every major market in the server so you don't have to go through the headache of setting up all the alerts yourself on TradingView directly. These alerts are not meant to be followed blindly, they are ideas for potential trades.
You can also setup mobile push notifications in our Discord server for these alerts.
If you can't see these scanners in our Discord and you've already purchased, email firstname.lastname@example.org with your order number and Discord username and our team will grant you VIP access immediately.
We have thousands of automated alerts scanning every market 24/7 within our Discord server so you don't have to setup many alerts manually, although if you wish to setup your own custom alerts on TradingView you can follow the guide below: Click alerts on the right under your watchlist, select Lux Algo as your condition, whichever signal you want to be alerted on, and make sure to use "Once per bar close".
When you set up an alert, click "Continue anyway" (Read more info below)
**Our signals do NOT repaint, the reason this appears is due to the Lux Dashboard which is automatically removed from the previous candle & moved to the current candle which TradingView counts as repainting.
Within one simple panel on your chart, Lux Dashboard displays the most relevant data from all of our features in real-time.
The information on the dashboard aims to help you identify if a market is ranging or trending via seven (7) different features. Users see this information updated in real-time to help them get a better understanding of any market / timeframe.
Identifying the state of the market with Lux Dashboard can be extremely powerful for your trade decisions along with knowing which Signals Mode is likely to perform better.
This mode allows you to select 2 different & powerful indicators to display directly on your charts and compliment your trades.
Reversal Zones Mode - When enabled, two gradient colored bands will appear which are helpful for spotting areas where the market is likely to reverse. These can be great for early entries & taking profit alongside our buy & sell signals.
The Lux Algo EQ Cloud- When enabled, a gradient cloud will appear on your chart to help you with following trends & checking your directional bias.
How To Use EQ Cloud:
Price holding cleanly above the cloud = bullish Price holding cleanly below the cloud = bearish
By using these two powerful indicators together, you can spot many potential trade setups at once to use alongside our Buy & Sell signals for confirmation or create your own & unique strategy!
You can select "Both" via the Indicator Overlay settings to display this on any chart.
Lux Algo works on any market internationally including stocks, indices, forex, futures and commodities on all timeframes including 1m, 5m, 30m, 1H, 4H, 1D, 1W, etc. You can utilize our system & signals for scalping, swing trading, or even trading options as well.
There is no "best timeframe" as it really all depends on the current market conditions, your trading style, and other factors. We generally recommend to try trading higher timeframes with Lux but many of our users optimize Lux for lower timeframes and find success.
We do not provide back-testing data or a specific % accuracy for our Confirmation or Contrarian signals since Lux Algo Premium was designed as an all-in-one indicator with many different features & tools built in for you to optimize as your own trading system.
Signals are not meant to be followed blindly and are best used as additional confirmation alongside your trades, hence the name "Confirmation Signals".
However, we can say that with Lux Algo V3, we have made our signals much more accurate. They provide much greater noise filtering whilst still providing the same & at many times earlier signals than previous versions of Lux Algo.
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".
You don't need much experience to understand the signals & features provided by Lux.
However, trading can be difficult and takes time to learn regardless of our indicators on your charts. If you're new to trading / technical analysis in general, we recommend paper-trading at first until you get familiar with how it all works & build some confidence in the markets.
There is no magical indicator, algorithm, robot, EA, or signal provider that will enable you to effortlessly make money in the markets. You can learn more about how our indicators work here.
We designed Lux Algo as a system of tools for you to use to create your own & unique trading strategies with. Our indicators were not designed for auto-trading. While you could technically set it up on third-party platforms, we do not recommend it.
TradingView supports real-time data for the majority of tickers you can find on the platform. Only a small portion of them (mostly futures contracts) require a small monthly fee to access real time data.
Once your subscription has been cancelled, you will have access for the rest of the plan you purchased and you will not be charged again. You can cancel at anytime before your next payment is due based on the plan you've chosen with us (Monthly, Quarterly, or Yearly).
You are also given a Manage Account link in the confirmation email sent to you directly after signing up, which when clicked, automatically logs you in to your customer account where you can cancel your subscription or update your billing information. A purchase of our Lux Algo Premium membership plan is an automatic, recurring subscription which includes email notifications each time you are billed.
No, the price you signed up for is the price you will keep forever as long as you stay signed up. We will never change the price of your subscription. All members are grandfathered in to the price they first signed up at regardless of any price increases we do in the future.
After signing up, please allow us around 4-8 hours to grant you access to Lux Algo Premium on TradingView. It's a manual process by our team.
If you provided your Discord username during checkout (optional) you'll receive the VIP role at the same time. If you still need access to our VIP Discord alerts after signing up, send an email to email@example.com with your order number and Discord username and we'll take care of it as soon as possible.
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