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Lux Algo Premium

Features​

Lux Algo Premium is the main indicator provided by Lux Algo, which aims to return a maximum amount of useful information to the user to make better decisions while trading. Below are the pages describing each of the features in the main indicator:

»Signal Modes»Signal Settings»TP/SL Points»Indicators Overlay»Candle Coloring»Lux Dashboard»Lux Algo Premium Alerts

Main Settings​

Lux Algo Premium has various settings affecting the appearance and behavior of the indicator, most of them are proper to the feature they affect and will be described on their corresponding pages. The indicator contains various settings sections, the basic settings are described in the following sections.

Presets​

Presets allow users to display multiple features within the toolkit that best fit the selected user trading style, these includes:

  • Swing Trader (Confirmation signals, Mid-Term Frequency Autopilot, simple confirmation candle coloring, Neo Cloud)
  • Trend Trader (Confirmation Signals, Hypertrend, Trend Catcher)
  • Contrarian Trader (Contrarin Signals, Mid-Term Frequency Autopilot, Contrarian candle coloring, Reversal Zones)
  • Scalper (Confirmation signals, Low Frequency Autopilot, Contrarian candle coloring, reversal zones)

Note that when a preset is selected certain settings such as the toggles of the displayed overlay indicators can become inactive.

Signal Mode​

Controls the type of signal generation algorithm to use, available options include:

  • Confirmation + Exits
  • Confirmation Minimal
  • Contrarian + Exits
  • Contrarian Minimal
  • None

More information on the following page:

»Signal Modes

Signal Settings​

Methods to adjust the signals returned by the Confirmation & Contrarian methods within the Lux Algo Premium indicator. See the following page for more information:

»Signal Settings

Adjusting Settings​

To adjust settings, place your mouse pointer over the indicator title, you will see a list of icons appears, click on the gear ⚙️ icon to open the settings panel of the indicator.

You can also open the settings panel by double-clicking any element displayed by the indicator, such as the signals, overlaid indicators, or the dashboard.

Overlay Indicators​

Lux Algo Premium regroup 6 high quality indicators allowing you to detect current trends as well as providing support and resistances points. These are best used in confluence with the user selected signals.

»Overlay Indicators

Style Settings​

It is possible to change the visual aspect of any element displayed by the indicator such as colors, line width, signal label shape/location...etc. In order to do it open the setting panel and click on style beside inputs.