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.