How To Use Lux Algo On Tradingview

This toolkit is made up of more than 10+ innovative indicators, carefully designed with the legendary developer and Pine Wizard alexgrover. Get access to a broad diversity of trading tools & relevant data all within one indicator to create your own, unique trading strategies.

Providing Endless Possibilities Catering To All Trading Styles

Our toolkit works in any market & allows users to:

Detect the direction of trends in the cost using ii different algorithms designed for both trend following and contrarian traders.
Measure institutional action in the market.
Become automated support and resistance levels in real-time.
Timely filter out noise from the price in order to have clear pictures of the underlying market trend.

and much more than. (Check the changelog below for current features)

Go Confirmation

Our Confirmation Signals detect the direction of trends for any nugget & on whatever timeframe allowing traders to increase their conviction in positions and follow trends.

We requite traders the possibility to adapt the sensitivity of these signals to market price variations, as well as the pick to make them less sensitive to ranging markets so that you can trade only the variations you want.

The Confirmation Signals use a methodlogy for detecting "Strong" buy or sells that also are interoperable with the candle coloring modes to see when trends switch betwixt Strong & normal.

Salve Time By Turning On Autopilot

Technical indicator settings play an of import office towards effectively using a tool, still, the abiding adjustment of these can evidence to be a slow and frustrating job for traders.

We made our Confirmation Signals algorithm deeply flexible in order to allow it to adjust to internal marketplace dynamics, thus completely removing the demand for traders to arrange whatsoever settings.

Get Easy To Read Actionable Information In Our Dashboards

Nosotros provide existent-time dashboards displaying various useful metrics, including:

Recommended sensitivity settings for both confirmation and contrarian signals.
The Marketplace state detector allows users to know when the market place is ranging or trending.
The Lux volatility alphabetize indicates whether market price variations are volatile or not.
The Institutional activity estimates the percentage of institutional activity currently in the market place.
The Lux Command provides the market place sentiment equally a percentage.

All of these metrics overall aim to help users understand if the market is ranging or trending, which helps the decision procedure of which signals & features to focus on inside our toolkit.

(east.g. switching to Contrarian signals mode when you lot believe the market will exist ranging)

If yous are using this script you acknowledge past performance is not necessarily indicative of futurity results and at that place are many more factors that go into beingness a profitable trader.

Yous can see the Writer'south instructions below to get instant-access to this indicator & our premium suite.

Release Notes: Added facility to remove signals + stock-still a logic error where when a "Strong" signal was alerted it would also alert a normal signal.

Release Notes: Inverse Noise Filter Value to 'Smoothing Value' to ameliorate represent the task.

Release Notes: - Changed the smoothing factor for detecting potent signals which helps with fugitive fake potent signals.

- Removed "Positive / Negative cross" tags in order to remove clutter and put more focus on the candle coloring.

- Added alert options for when normal signals plough potent based on candle coloring.

- Added a toggle option for our "Equalizer Band" which is an option to display a 'twisting aqueduct' inspired past Ichimoku for our users to trade with extra confirmation, avoid false signals, and have a meliorate understanding of the market whether trending or ranging. When cost holds above the band, market is considered bullish and strong buy signals are able to actuate. When price holds beneath the band, market is considered bearish and strong sell signals are able to activate.

- Added a toggle option for "Gray Candles" to label when cost is within the Equalizer Band which marks a period of indecision.

- Removed "Menstruation" and "Noise Filter Value" from input settings.

Release Notes: - Added an alarm selection called "Any Alarm" which includes buy, sell, strong buy, strong sell, and normal (buy & sell) turn strong.
- Included a new toggle selection for labeling pin points based on the past 15 periods for support & resistance.

Release Notes: Added another toggle option called Candles Optimization which provides even more noise reduction.

Release Notes: Re-added "Alarm Whatsoever" which alerts for both buy & sell signals along with normal turn strong changes.

Release Notes: - Removed Line length & Enable/Disable Stiff signals input settings due to lack of usability.

- Added Lux Dashboard option in the input settings which displays current bespeak, price, volume, trend based on Lux Oscillator, volatility, and a suggested trailing stop loss on the chart.

- Bug fixes + upgraded code to v4 Pine assuasive placeholders for alerts.

Release Notes: - Added more than input settings to calculate signals more than accurate for directional confirmation and adjusted default values with new settings.
- Slightly adjusted Equalizer Band for better confirmation and visualization of potential future price movements.
- Adjusted Suggested Stop calculation on Lux Dashboard for wider stop-losses.

Release Notes: - Problems fixes on candle coloring with Equalizer Band

Release Notes: - Added max_bars_back to preclude an error from appearing
- Changed default settings to be better optimized
- Added max value on Smoothing

Release Notes: - Included pick for users to re-position Lux Dashboard to the bottom correct, top correct, top left, lesser left, and correct for improve visibility and functionality.
- Added automatic trend lines toggle option based on pivot points.
- Created alerts for "Whatsoever Buy" and "Whatever Sell" which gives users the option to exist alerted for "Strong Buy" and "Buy" at once or "Strong Sell" and "Sell" at once within one alert.
- Included a linear regression line that forecasts into the future.
- Problems fix on Smoothing min value.

Release Notes: Fast fix for memory fault past removing the dashboard.

Release Notes: Removed quondam input options. This is a fix for the retentivity mistake and the onetime input options are no longer required.

Release Notes: Removed Lux Dashboard and inputs associated with information technology.

Release Notes: - Added Lux Market Control which is a one of a kind market assay organisation that measures the domination of either the bulls or bears in the market from 0-100% bullish / bearish by analyzing micro trend lines.
- Added Trade Setup toggle choice which displays our suggested stop-loss and ii suggested take turn a profit areas traders can employ to help requite them general ideas when entering trades.
- Re-added the Dashboard with functionality to display Market Control and the Merchandise Setup characteristic. This was previously removed temporarily due to a memory error.
- Added functionality to adjust the suggested stop loss with the SL ATR Multiplier setting
- Added alert for "Whatsoever Strong"
- Created a setting for full multi-timeframe capabilities for signals and all toggle options.

Release Notes: - Improved Lux Dashboard blueprint
- Added Directional Matrix Fashion to the Lux Dashboard
- Added "state" feature to the dashboard
- New LuxControl algorithm
- New Predictive Support and Resistance algorithm
- Added Bands Fashion with new Reversal Zones ring indicator
- Optimization of the input settings layout
- Improved computing performances
- Modest changes

Release Notes: - Added new dashboard location next to current bar
- Added mode options

Release Notes: - Added new contrarian point manner
- Added alerts based on contrarian signals
- Added "all in one" alerts for both confirmation and contrarian signals
- Reworking of the inputs layout in the settings panel
- Removed smoothing setting (now fixed to xx in the code)
- Added contrarian and control candle coloring modes
- Added "Both" way in Indicator overlay
- Gradient for the EQ Cloud (previously known every bit blaster bands)
- Added an estimated liquidity level measurement to the dashboard
- Added a trading session detection to the dashboard
- Improved predictive S/R algorithm
- Fixed error "loop is taking also long to execute…"
- Performances improvements
- Removed "trade setup"
- Removed grey candles
- Removed OSC50 and current volume from the dashboard
- Minor changes

Release Notes: - Improved confirmation/contrarian betoken generation algorithms
- New default setting for sensitivity and agility
- Removed linear regression channel
- Added "Both" option for "Back up/Resistance Method"
- Added "Forcefulness Run On Spread Charts" setting
- Pocket-size changes

Release Notes: - Added the new "Predictive Range" Support/Resistance method
- Renamed "Predictive" S/R method as "Predictive S/R"
- Fixed "loop is taking likewise long to execute fault"
- Removed "Both" method in S/R methods
- Performances improvements
- Small changes

Release Notes: Added the following warning conditions:
- Any Confirmation Purchase
- Whatsoever Confirmation Sell
- Normal Buy Turn Potent
- Normal Sell Turn Strong

Release Notes: Made the script less prone to alerts bugs
New "Only Apply Real Closing Prices" setting
Replaced dashed lines in the dashboard with solid lines
Renamed reversal zones plots to fit in a drop-down carte
New South/R significance default value
Minor changes

Release Notes:

New Lux Volume Profile characteristic
Added Confirmation Gradient candle color manner
Increased gradient resolution for the contrarian and control candle color modes
More than practical dashboard location
Removed dashboard location setting
Minor changes

Release Notes: Corrected Merely Use Real Closing Prices bug

Release Notes: Changelog 3.3.0
- New all in one warning setup organisation
- Removed indicator version from the dashboard
- Added back the dashboard location setting
- Removed 'Only Use Real Closing Prices' setting
- Removed Confirmation and Contrarian all in ane warning weather condition
- Minor changes

Release Notes: Typo correction in alert

Release Notes: - Fixed problems in "Normal Sell Turn Strong" alert
- Added timeframe in the messages returned by "whatsoever warning() function telephone call"

Release Notes: New design for the input settings card, settings are grouped into sections.
Improved contrarian signals
Predictive ranges are renamed TP/SL Levels Characteristic
New auto confirmation signal settings toggle
New predictive channels characteristic
New directional matrix mode: Confirmation Indicate MTF
New dashboard feature: Market place Control
New strong contrarian signals
Reduced number of lines in the predictive Southward/R from five to three
Removed estimated liquidity level
Removed command candle colour mode
Lux Book profile moved to Support/Resistance Style
Minor Changes

Release Notes: Contrarian candle color issues set

Release Notes: Lux Premium v3.five

- New pattern for the input settings window.
- Added tooltips to the input settings window.
- New Institutional Pivots feature in South/R method.

Release Notes: Lux Algo v3.6
- Added recommended confirmation sensitivity setting in the dashboard
- New Spider dashboard
- New institutional profile
- New 'Dashboard Configuration' setting section
- New settings for the 'Spider" dashboard
- Removed book contour
- Removed auto confirmation betoken settings
- Minor changes

Release Notes: v3.6.one
- Added dorsum the motorcar confirmation bespeak setting as "Dominant Bike Based Confirmation Signals". This setting is in the advanced settings section of the indicator inputs menu.

Release Notes: Lux Algo Premium v3.7
- Recommended sensitivity now supports Contrarian signals
- Fixed Confirmation MTF when using 'Dominant Wheel Period Based Confirmation Signals'
- Institutional Contour is now computed using 200 rows
- Easier to interpret Institutional Action and Lux Command on the dashboard
- Pocket-sized changes

Release Notes: Lux Algo Premium v3.seven.1
- Fixed dashboard bug when enabling TP/SL features

Release Notes: Lux Algo Premium v3.seven.2
- 'Dominant Cycle Based Confirmation Signals' has been renamed as 'Confirmation Signals Auto Pilot' and has been moved back in to 'Basic Settings'
- Recommended sensitivity will at present disappear from the dashboard when selecting 'Both' or 'None' point modes.
- Fixed Predictive SR not showing when using a SR significance of 0.
- Inverse row size of the Institutional Contour from 200 to 100 to avert 'Loop is taking to long to execute error'.
- Minor changes.

Release Notes: Lux Algo Premium v3.7.3
The Autopilot Confirmation Signal Settings method is now more robust to outliers and allows yous to get less fake signals while keeping a lag of 0.

Release Notes: Small changes

Release Notes: v3.8

New Tendency Tracer overlay indicator
New Trend Catcher overlay indicator
Indicator Overlay is now a total section in the indicator settings

Release Notes: Lux Algo Premium v3.9
- New Lux Dashboard
- Forecasting for Reversal Zones and EQ Cloud
- New Trend Tracer/Trend Catcher alerts
- More than compact settings in the basic settings section
- Replaced TP/SL Levels by TP/SL points
- Added Predictive Ranges (previously TP/SL Levels) in Southward/R Way
- Removed predictive S/R
- Removed directional matrix
- Minor changes

Release Notes: Lux Algo Premium v3.9.1
Dashboard location set to "bottom-correct" past default
Fixed support and resistances plot names

Release Notes: Lux Algo Premium v3.10
- More normal "buy" and "sell" signals will appear when using Auto Pilot Confirmation Point Settings toggle
- Added alerts for Trend Tracer & Catcher for color alter
- New Predictive Trendlines Feature in SR Manner
- New Predictive Curves Feature in SR Style
- Removed Institutional Pivots & Spider Dashboard
- Minor changes

Release Notes: New Confirmation + Exits signal mode. Exits signals are displayed alongside confirmation signals. These are determined such that the user always exits in a profit and at the highest cost possible.
Three new proprietary candlesticks methods, Kantan-Ashi, Taki-Ashi, and Yumi-Ashi. These unique methods allow for a noise-free visualization of price trends.
New Contrarians indicate method, more robust confronting strong trends and more accurate.
New Leave alert, simplified dashboard.
Cleaned the settings menu, new Candle settings section, and more compact Any alert() settings section.
Removed Contrarian candle coloring.
Minor changes.

Release Notes: Lux Algo Premium Version 4.one

New 'Blueprint Detection' characteristic from within the S/R Mode dropdown menu.

Release Notes: Lux Algo Premium v4.ii

The Pattern Detection feature can now detect Head & Shoulders and Changed Caput & Shoulders patterns. Upgraded Auto-Trendlines, and pocket-sized changes.

Release Notes: Lux Algo Premium v4.2.1 adds toll labels to the TP/SL levels when hovering. Information technology likewise improves the double tops/bottoms detection within Pattern Detection from Southward/R Mode.

Release Notes: Lux Algo Premium v4.2.two makes the institutional profile more efficient, removes predictive trendlines, and includes other modest changes for efficiency.

Release Notes: Lux Algo Premium version 4.2.3 includes minor changes for improving efficiency. We improved the readability of the dashboard and added a new message style for "any alert() role telephone call" which provides more insight into each alarm.

Release Notes: Lux Algo Premium v4.three includes new Breakout Zones in S/R Style, an ability to change Autopilot signals to curt-term, medium-term, or long-term. Besides as the detection of broadening wedges from our Automatic Blueprint Detection organisation. To update: Refresh, remove & re-add the indicator to your chart.

Release Notes: Lux Algo Premium v4.iv includes a new Trend Project feature in SR Way, a Breakout Zones issues fix, and information technology also allows the Institutional Profile to be controlled by SR Significance. To update: Refresh, remove & re-add the indicator to your chart.

Release Notes: Lux Algo Premium version iv.5 includes a new Contrarian Gradient candle coloring way, an comeback to the Optimal Sensitivity found in Lux Dashboard, a TP/SL organization upgrade with dynamic levels uniform with Confirmation Signals, style adjustments on Reversal Zones, more info when hovering over metrics in Lux Dashboard, and Autopilot Confirmation Signal Settings is at present on Mid-Term Autopilot Frequency by default.

Release Notes: Pocket-size S/R fix - To update: Remove the indicator from your chart, refresh your browser/app, then add Lux Algo Premium back to your chart from your invite-merely scripts.

Release Notes: Lux Algo Premium v5.0 includes new Presets, Betoken Modes "Contrarian + Exits", "Confirmation Minimal" & "Contrarian Minimal", Neo Cloud, HyperTrend, Lux Profile, and Autopilot compatibility for Contrarian signals. We likewise moved 'SR Way' into its ain toolkit. To update: Refresh, remove & re-add together the indicator to your chart.

Release Notes: Lux Algo Premium v5.0.1 replaces the MTF feature on the dashboard with Multi-Sensitivity "MTS". Fixed placeholders' accessibility for Trend Strength & TP/SL, and pocket-sized changes. To update: Refresh, remove & re-add the indicator to your chart.

Release Notes: Lux Algo Premium v5.1 includes a new 'Filtered Alert Creator' arrangement at the lesser of the settings carte to apply filter weather to whatsoever point, new "Neo Filter" and "Tracer Filter" user Presets, and minor changes. To update: Refresh, remove & re-add Lux Algo Premium to your chart & and so save your chart layout.

Admission to this script is restricted to users authorized by the author and usually requires payment. Y'all can add it to your favorites, simply you will only exist able to apply it subsequently requesting permission and obtaining it from its author. Contact LuxAlgo for more information, or follow the author's instructions below.

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