Skip to main content

Lux Oscillator Premium

V5

v5.0

  • Renamed Legacy oscillator as "Ultimate Stochastic"
  • New Ultimate MACD oscillator
  • New Ultimate RSI oscillator
  • Removed Classic oscillator
  • Removed Normalized oscillator
  • New dynamic overbought/oversold levels
  • Pivot oscillator moved from previous Lux Statistics Toolkit within the Lux Oscillator Premium
  • Minor changes

V4

v4.1

  • Reskin of the Advanced, Normalized, and Legacy oscillators
  • Classic oscillator is now separated into two bullish/bearish components
  • New "Trending Normalized" element for the Normalized oscillator
  • Legacy Oscillator set as default
  • Removed Support/Resistance of the Advanced oscillator
  • Removed Dashboard
  • Minor Changes

v4.0.1

  • Fixed NaN values on the classic oscillator appearing on certain tickers.

v4.0

  • New Classic oscillator
  • New Classic oscillator related alerts
  • New Overbought/Oversold Zones
  • Changed default settings
  • Minor style changes

V3

v3.1

  • New institutional activity alert

v3.0.1

  • Fixed the oscillator not being able to be loaded on a chart
  • Improved divergences detection for the Lux oscillator style
  • Scaled legacy oscillator in a 0/100 range
  • Minor changes

v3.0

  • New Lux oscillator type.
  • Exclusive dashboard for the Lux oscillator type.
  • New alert conditions for the Lux oscillator type.
  • New design for the input settings window.
  • Added tooltips to the input settings window.

V2

v2.1

  • New Directional Heatmap oscillator type
  • Added Directional heatmap Method setting
  • Set Normalized oscillator type as default
  • Minor Changes

v2.0

  • Added 3 new oscillators, Confirmation, Normalized, and Cycle
  • Option to use a color gradient, with two color modes available
  • Added an oscillator dashboard
  • Renamed old "Lux Oscillator" as "Legacy" in "Type"

V1

The Lux Oscillator is inspired by stochastics and market balance. The oscillator is a responsive ribbon which at times provides earlier signals compared to a normal stochastic. When the oscillator crosses over to become blue this is a bullish signal and when the oscillator crosses over to become red this is a bearish signal. It also is great for spotting divergences. This can give the user opportunities to enter earlier into positions.