Skip to main content

Lux Algo Premium Alerts

LuxAlgo Premium Alert Conditions​

The Lux Algo Premium indicator has various alert conditions based on each signal mode included in the indicator. Once you are comfortable with our signal terminology you should be able to understand what each of these alerts does, with the exception of the Trend Catcher Up, Trend Catcher Down, Trend Tracer Up, Trend Tracer Down, Normal Buy Turn Strong and Normal Sell Turn Strong alerts, these are explained below.

Trend Catcher Up/Down​

The Trend Catcher Up alert returns an alert when the color of the Trend Catcher switch from red to green (that is once it starts increasing), while the Trend Catcher Down returns an alert when the color of the Trend Catcher switch from green to red (that is once it starts decreasing).

Trend Tracer Up/Down​

The Trend Tracer Up alert returns an alert when the color of the Trend Tracer switch from red to green (that is once it starts increasing), while the Trend Tracer Down returns an alert when the color of the Trend Tracer switch from green to red (that is once it starts decreasing).

Normal Buy Turn Strong​

The normal buy turn strong alert condition triggers an alert once a previous normal buy signal is considered strong. You can see when such alert would have occurred by looking at the candle colors when the confirmation simple candle color mode is enabled, with a normal buy turning strong occurring when the color of the candle is green while the preceding candle color is purple.

Normal Sell Turn Strong​

Like with the normal buy turn strong alert the normal sell turn strong alert condition triggers an alert once a previous normal sell signal is considered strong. Such alert would be triggered when a candle color is red while the preceding candle color is purple.

Using Placeholders With Confirmation/ Contrarian Alerts​

When creating an alert using 'Any Confirmation' or 'Any Contrarian' it is possible to use placeholders so that the alert message returns the type of signal that triggered the alert.

In order to do so, paste the following line in the message field:

Buy : {{plot("Buy")}} | Sell : {{plot("Sell")}} | Strong Buy: {{plot("Strong Buy")}} | Strong Sell : {{plot("Strong Sell")}}

Signal Exits​

The Exits alert will trigger for any type of exit signal, depending on the selected signal mode. It is possible to highlight which type of exit was triggered using placeholders in the alert message as follows:

Exit Buy:  {{plot("Exit Buy")}} | Exit Sell:  {{plot("Exit Sell")}}

Any Alert() Function Call​

The any alert() function call alert condition allows to create one alert using various conditions, this allows to bypass the limit of one alert for free users as well as making the process of updating many alerts faster and easier.

In order to create such alert go to the indicator settings, and scroll down to the 'ANY ALERT() FUNCTION CALL CONDITIONS' section.

Toggle on the conditions of interest. Now create a new alert, in the first Condition drop-down menu select the LuxAlgo Premium indicator, in the second drop-down menu select Any alert() function call, you can then create the alert.

info

This alert would use once per bar close by default.

info

All in one alerts do not differ from regular alerts, they will be using the same indicator settings as the one used during their creation. Note however that you cannot set a custom message for all in one alerts, the message displayed when the selected conditions trigger will be the same as the one used in the same individual alert conditions.

Updating Alerts Using Any Alert() Function Call​

If you already set an any alert() function call alert and want to change the indicator settings or want to toggle on another condition all you need to do is edit the alert you want to update, select the second instance of the indicator in the first Condition drop-down menu and then click on save.

Creating Alerts Using Custom Conditions​

Alerts conditions regarding signals and certain features are already included in the alert conditions of the indicator or in the "Any alert() function call" alert type. However users that need an alert for a custom condition might create it using the builtins alert conditions provided by Tradingview.