luxalgo

LuxAlgo Wizard

This indicator estimates a volume footprint using tick data. The script automatically separates a candle into equidistant intervals with a width obtained from the average true range or a user-given width. Settings Method: Interval width calculation method. This ultimately determines the number of intervals separating one candle. Width (At the right of...

LuxAlgo Wizard Updated 

The trendlines with breaks indicator return pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method. Trendline breakouts occur in real-time and are not subject to backpainting. Trendlines can however be subject to repainting unless turned off from the user settings. The...

LuxAlgo Wizard

The following indicator aims to return information over RSIs using multiple periods, including the percentage of RSIs of different periods being overbought/oversold, as well as the average between these multiple RSIs. The percentage of RSIs of different periods being overbought/oversold is additionally used to return adaptive overbought/oversold levels. ...

LuxAlgo Wizard

This indicator returns VWAP bands with a degree of smoothness resetting based on various user-selected events. The bands are constructed using a VWAP based naive standard deviation. The indicator can be anchored or start from the first bar and can be used as trailing support/resistance, in a moving average crossover system, or as source for external indicators. ...

LuxAlgo Wizard

Harmonic patterns make up a major part of the many patterns traders use to make investment decisions. The following tool aims to automatically categorize which XABCD harmonic pattern is highlighted by the user and to alert when the price reaches the PRZ or D point. The tool can categorize Bat, Gartley, Butterfly, and Crab patterns. Settings XA Precision:...

LuxAlgo Wizard

This toolkit aims to display multiple Fibonacci drawing tools including retracements, arcs, circles, fans, timezones and spirals. Usage Upon adding the indicator to the chart, users will be prompted to choose a starting point and an ending point for the calculation of the drawing tools. Users can then navigate to the settings of the toolkit and choose which...

LuxAlgo Wizard

This indicator is an implementation of a circular barplot aiming to return the market sentiment given by multiple normalized oscillators. These include the relative strength index (RSI), Stochastic %K (%K), Linear Correlation Oscillator (ROSC), William Percent Range (WPR), Percent Rank (%R), and money flow index (MFI). The length period of each of these...

LuxAlgo Wizard Updated 

Trading moon phases has become quite popular among traders, believing that there exists a relationship between moon phases and market movements. This strategy is based on an estimate of moon phases with the possibility to use different methods to determine long/short positions based on moon phases. Note that we assume moon phases are perfectly periodic with a...

OrionAlgo Updated 

Hi everyone. I decided to make the latest Orion Algo open to people. I don't have enough time to work on it lately, so I figured it would be best that everyone can have it to work on it. I took out some stuff from the original but it should give an idea on how things work. I made two strategies with this so far so you can use that to come up with your own. I...

LuxAlgo Wizard

This indicator is inspired by traditional statistical histograms. It will return the number of occurrences of price falling within each interval (bins) of the linear regression channel. This can be useful to highlight zones of interest within a trend. Settings Length: Number of recent closing prices used for the computation of the linear regression. Bins...

LuxAlgo Wizard Updated 

This indicator builds upon the previously posted Nadaraya-Watson smoothers. Here we have created an envelope indicator based on Kernel Smoothing with integrated alerts from crosses between the price and envelope extremities. Unlike the Nadaraya-Watson estimator, this indicator follows a contrarian methodology. Please note that by default this indicator can be...

LuxAlgo Wizard Updated 

This indicator displays a fan using a linear regression fit to the price as a base. All lines are equidistant and are drawn from the first point of the linear regression to the most recent point of the linear regression plus the root-mean-square deviation (RMSD) multiplied by a certain factor. Settings Length: Lookback period for the linear regression. ...

LuxAlgo Wizard Updated 

This indicator uses a simple time series forecasting method derived from the similarity between recent prices and similar/dissimilar historical prices. We named this method "ECHO". This method originally assumes that future prices can be estimated from a historical series of observations that are most similar to the most recent price variations. This similarity...

LuxAlgo Wizard Updated 

The Peak Activity Levels indicator displays support and resistance levels from prices accompanied by significant volume. The indicator includes a histogram returning the frequency of closing prices falling between two parallel levels, each bin shows the number of bullish candles within the levels. 1. Settings Length: Lookback for the detection of volume...

LuxAlgo Wizard Updated 

This indicator returns the average of stochastic oscillators with periods ranging from 4 to length . This allows for a slightly more reactive oscillator as well as having information regarding the position of the price relative to rolling maximums/minimums of different periods. We introduce settings that allow for pre and post-smoothing, with selectable...

MoneyMovesInvestments

A Dons right Hand Standard Deviation is the game we are playing here -3 levels to show the strength of both buy/sell -Colors the candles based on signal (momentum) strength -Multi timeframe feature -Color candles for on chart confirmation ( with sensitivity the High you set it will only give you stronger signals) -Alerts for different level signals including 0...

LuxAlgo Wizard Updated 

Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine entries from crosses...

LuxAlgo Wizard Updated 

The following tool smoothes the price data using various methods derived from the Nadaraya-Watson estimator, a simple Kernel regression method. This method makes use of the Gaussian kernel as a weighting function. Users have the option to use a non-repainting as well as a repainting method, see the USAGE section for more information. 🔶 USAGE 🔹 Non...