LUX ALGO Trendlines with Breaks Tradingview Indicator Strategy Bitcoin 5 Minutes Chart BACKTESTING

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  • Опубликовано: 12 ноя 2024

Комментарии • 133

  • @Algo_Trader_2024
    @Algo_Trader_2024  Год назад +2

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    • @danieleventspro
      @danieleventspro Год назад

      Can I scan "Lux Algo" for Break buy or Break sell?

  • @delmartaylor7122
    @delmartaylor7122 Год назад +4

    I use trendline with breaks, smart money concepts by LUX, VPVR, CVD by Ankit and PVT with a Vidya14 by everget. Rules are simple, if CVD gives a green bar, confirm with PVT crossing Vidya14 upwards then place a buy stop at the next bullish BOS or trendline break. I use this on lower and higher time frames, any repainting that occurs is negated by PVT with Vidya and the CVD. I don't use specific RR, I close and re-enter off CVD and PVT/ Vidya confirmations, always use pending orders and wait to get triggered. This is what made the strategy really shine. The VPVR confirms the zones formed using smart money concepts by LUX. So you get strong zones to trade from confirmed by volume and valid areas with trendline breaks to trade through all confirmed by volume as well.

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      hey! first of all thank you very much for your effort and sharing your strategy with us 🤩 i'd love to take a look at it, do you leave the settings on default?

    • @delmartaylor7122
      @delmartaylor7122 Год назад +1

      @@Algo_Trader_2024 yeah, smart money concepts (historical, colored, show internal structure, confluence filter, show swing structure, internal order blocks, equal highs/low, fair value gaps, auto threshold, Daily, Premium/Discount Zones)
      VRVP (Row size 100, value area 68)
      Trendline with breaks (default/show confirmed breakouts)
      Now the confirmation indicators
      Cumulative volume delta by Ankit (default)
      Price Volume Trend (default)
      Vidya by everget (default), add Vidya indicator onto the PVT to create the Oscillator

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад +2

      I will try it and if it works good i will do a video with that, thanks again for sharing mate

  • @nashwanalsaud3867
    @nashwanalsaud3867 Год назад +4

    This is amazing I am making good money thank you I added Rsi to it and the BB and it’s way better 👍

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      Hello Nashwan! Great to hear! Can you tell us your exact Rules for Entry and Exit?

  • @ck_wong
    @ck_wong 11 месяцев назад +1

    i m a newbie your vids are like a trading buddy xD 🤝 keep em coming

    • @Algo_Trader_2024
      @Algo_Trader_2024  11 месяцев назад

      Hey there, ck 😄 Welcome to the trading world! I'm super glad my videos are like a trading buddy to you. That's exactly what I aim for! 🤝 More videos are on the way, so stay tuned! Happy trading! 🚀📊

    • @ck_wong
      @ck_wong 11 месяцев назад

      @@Algo_Trader_2024 TY

  • @gokhanpakalin
    @gokhanpakalin 8 месяцев назад

    5 min demand zones ,when the price retrace back to 5 min demand zone area use this strategy and see the result .Fantastic .Do not enter any stock if not at the demand zone never ever !!!

  • @mahisuper7284
    @mahisuper7284 Год назад +1

    thanks for you effort and absolute back testing

  • @SmartFxWorld
    @SmartFxWorld Год назад +1

    I laugh when people say this indicator don't work
    I actually use the default settings because I prefer it than any other settings... I also use it 15m timeframe 1m for entries
    It's a very good indicator and for sure you never have to use it just like that combine it with a strategy... No indicator works 100%

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад +1

      as i said in the video i did not like the fact that the trendlines indicator is repainting. but as i was using repainting indicators more often i recognized that repainting is not bad (talking about the fact that signals get deleted/replaced a few candles later). would you like to tell me more details about how you use it? how you combine it?

  • @ArsalanZand
    @ArsalanZand Год назад +2

    Hello, the signals are not issued on time, that is, after eating a few new candles, a correct signal comes in. As we Iranians say, you drink after Sohrab's death.

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      🤣🤣 never heard that quote before. the indicator is repainting, but it does not matter

    • @mohammadsharbaf3766
      @mohammadsharbaf3766 Год назад

      What do you mean repaint is not matter!!!it is matter because we cannot make proper decisions

  • @dgenerationx2103
    @dgenerationx2103 2 года назад +19

    The indicator repaints a lot. It shows good results only in backtesting not in a live market.

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад +1

      That’s the reason why I would not use it

    • @dgenerationx2103
      @dgenerationx2103 2 года назад +2

      @@Algo_Trader_2024 I feel like they scam people for likes.

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад +12

      @@dgenerationx2103 when i started looking for a good scalping strategy, i had the same feeling. most channels show strategies with super crazy accurate 100% winrate and when you backtest it, its not working... or maybe these strategies are working in a magical way and i just dont get it ^^ it was so frustrating for me, thats why i started this channel. maybe i can save someone elses time and money

    • @pkop1640
      @pkop1640 2 года назад +1

      @@Algo_Trader_2024 this strategy is working good for me i use it for just learn trendline and how to read chart with trendline only i use it for binary trading and i getting very good result i go for 1minute trade time only

    • @manjilnewa4011
      @manjilnewa4011 2 года назад

      True

  • @dwaynee77
    @dwaynee77 2 года назад +2

    You're right, looks like it repainting the signal that's why it always correct, so maybe you have to test it on bigger TF, H1 maybe and see how it goes

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад +3

      I will upload a new video today or tomorrow where I backtested on 30min and combined trendlines with trama and rsi 😊

    • @milannikodijevic
      @milannikodijevic Год назад

      @@Algo_Trader_2024 have you uploaded that video? cant find it

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      @@milannikodijevic here it is:
      ruclips.net/video/F_kFuJYGYVg/видео.html

    • @milannikodijevic
      @milannikodijevic Год назад

      @@Algo_Trader_2024 thank you for fast respond! i really like your channel, i was looking for something like you for a long time! love it!

  • @KinaStaru
    @KinaStaru 2 года назад +2

    I'm surprised you've got the time to reply everybody Kevin lol I noticed this indicator won't repaint on higher timeframes 1TF but trading breakouts it's extremely difficult, some could be really rewarding. I think you've got to find yourself an accumulation or distribution phase to trade the breakout of the range, so look for a range area that has been on for a long time, the longer it ranges, the harder it breaks. Could be also a rising channel or falling channel, these set ups are the most successful!

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад

      Hello 👋 sure I am happy about every comment, otherwise it’s super lonely when no one is commenting 🤣 I did another backtests of repainting indicators and now I feel confident using them, it does not matter if it’s repainting or not.

    • @xlordpips9491
      @xlordpips9491 Год назад

      You're right

  • @videostudio01
    @videostudio01 Год назад +1

    Trendlines with breaks+ secred ema cloud + ultra macd in 5m on the heikin ashi chart✅💸

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад +1

      Can you link the 2 indicators? I am actually working on a non repainting trendlines script for backtesting

    • @videostudio01
      @videostudio01 Год назад +1

      ​@@Algo_Trader_2024 show bro, so this combination of indicators is top, it is also good to use the henken ashi chart when using this strategy.
      😎🙏💸

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      thanks a lot, i will take a look at it 💜

  • @govori1
    @govori1 Год назад

    there are cases that flashes falls alerts and then desapears the alert.

  • @warchainsidehustle
    @warchainsidehustle Год назад +2

    Smart money

  • @shannondean2819
    @shannondean2819 2 года назад +1

    Everyone....the Buy & Sell signals change!! After the candle closes you can see them go away. WTH kind of indicator changes AFTER the candle closes?? You can't use this garbage at all. Back testing looks amazing.....watch it live and you will see why back testing looks good. Unreal.

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад +1

      hello :) im actually recording live chart vs bar replay to show if the signals will be different or not as there is so much discussions about repainting indicators... will upload it tomorrow or the day after tomorrow :)

    • @apogounte8239
      @apogounte8239 Год назад +1

      @@Algo_Trader_2024 so did you actually record it.? What was the outcome?

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      @@apogounte8239 hello :) jep you can find the video on my channel

  • @drznx
    @drznx 2 года назад +2

    I usually do quick scalp trades. Is this indicator valid for the longer trades or for smaller time frames as well, like 15 min, 5 min? Thanks!

  • @jarjismoella7907
    @jarjismoella7907 Год назад

    Transparent channel

  • @ganeshprasadhiranya4240
    @ganeshprasadhiranya4240 Год назад +1

    I really appreciate your effort in back testing all the strategies. so according to your tests, which strategy has highest profitability for index trades?

  • @mohammadsharbaf3766
    @mohammadsharbaf3766 Год назад +1

    Hello The buy sell signals change !!!

  • @arnob4015
    @arnob4015 Год назад +1

    Is it a spot buying or future?

  • @chsami9736
    @chsami9736 Год назад

    can I use this indicator and the strategy for XAUUSD??

  • @osmanogluosman8399
    @osmanogluosman8399 4 месяца назад

    HARİKA

  • @paulsavedra8179
    @paulsavedra8179 Год назад +1

    ⛔ friend what are the names of the songs you used are great!!

  • @serro27
    @serro27 Год назад +2

    Can you back test the squeeze momentum indicator

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад +1

      Hey Sergio! I think I have already tested a strategy using the squeeze 😊

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      The Day after tomorrow I will publish another Strategy using the Squeeze Momentum Indicator

  • @danieleventspro
    @danieleventspro Год назад

    Hi..Can i set it up on my watchlist colmun? Or scan it?..Thanks so much !

  • @ahmadskunder5276
    @ahmadskunder5276 Год назад

    why are there buy and sell signals that are valid in the replay that you didnt take?

  • @x2wolf233
    @x2wolf233 2 года назад +3

    It doesn't work in live market when you take trade

  • @naveendananjaya3139
    @naveendananjaya3139 Год назад

    In what time frame should we enter the trade???

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      The Backtest is on 5 minutes, I made another video on 30 minutes too

  • @micanrazvan9279
    @micanrazvan9279 2 года назад

    You have pre recorder "right here?" :)) thanks for explication.

  • @iskulkarni
    @iskulkarni Год назад +1

    @kevingoldberg Great job as usual. Quick question: by clicking "show only confirmed breakouts", does this indicator remove the signals found to be false? It looks TOO good to be true and while observing in live market, I see a fair amount of repainting. Could I request you to do a backtest WITHOUT checking the option of "show only confirmed breakouts"?

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      hello. did you already watch this video? ruclips.net/video/5yFPo3c68vw/видео.html

  • @nathanielweekes24
    @nathanielweekes24 Год назад

    Is what trading platform?

  • @qutty0227
    @qutty0227 2 года назад

    Thx kebin first. .. . When I see the comments below. . is this not workable in a real market? only just for backtesting?

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад

      you can use it, but its super confusing as its repainting a lot

  • @mohammadsharbaf3766
    @mohammadsharbaf3766 Год назад

    Back test us not reliable for this indicator because the signals have appeared before..In live trading the signal of sell and buy change several times. Give guidance about live trading

  • @Zero-ib4yl
    @Zero-ib4yl 2 года назад +2

    Don' follow this indicator its easy to see at first but when you test it.

  • @ComputerScientist1
    @ComputerScientist1 2 года назад

    Are there any source codes to test all those three indicators stragegies for viewing 3-4 years test results with repainted and stopped results?

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад

      i dont know, please take a look on your own if you can find the source codes

  • @phatman2403
    @phatman2403 Год назад

    Hey whats the song in the very beginning of this video ?

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад

      hey. its from micrah - Fashion Dark Electro Sport
      elements.envato.com/fashion-dark-electro-sport-WV9R7QM

  • @ahadahadi7912
    @ahadahadi7912 Год назад

    I doint know its really working or not i have this indicator but not working good

    • @Algo_Trader_2024
      @Algo_Trader_2024  11 месяцев назад

      I appreciate your feedback on using the Lux Algo indicator bundle. It's important to remember that the effectiveness of any indicator or bundle can vary widely based on individual trading styles, market conditions, and the specific assets being traded. The strategy I shared using Lux Algo is just one way to utilize it. If you're finding it's not working well for you, it might be beneficial to review how you're applying the strategy and adjust it to better fit your trading approach. Sometimes, even small tweaks in settings or combining it with other analysis methods can make a significant difference. If you have specific questions or need more guidance on using this strategy, feel free to ask. I'm here to help!

  • @traderakshay3003
    @traderakshay3003 Год назад +1

    💖💖💖

  • @yeadchowdhury5904
    @yeadchowdhury5904 Год назад +1

    just wow

  • @rafiqsaab1953
    @rafiqsaab1953 2 года назад

    Subscriber from india

  • @Algo_Trader_2024
    @Algo_Trader_2024  2 года назад +5

    Timestamps:
    00:00 Introduction
    00:58 Indicators
    02:28 Trading Rules
    07:33 Backtesting 100x
    17:48 Using Traders Edge to get the Backtesting Results
    19:41 Finally, the Results

  • @WestCoastPCbuilder
    @WestCoastPCbuilder Год назад

    Are you in profit using this method ?

  • @Jcrusadr
    @Jcrusadr Год назад +1

    Did you get rich yet?

  • @BobF510
    @BobF510 11 месяцев назад

    I'm captivated by the powerful nature of this material. A book with comparable insights altered my worldview. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell

    • @Algo_Trader_2024
      @Algo_Trader_2024  11 месяцев назад

      Thanks for your comment and the book recommendation! 'Game Theory and the Pursuit of Algorithmic Fairness' by Jack Frostwell sounds fascinating and relevant to our topics. I appreciate your engagement and suggestions. If you have any specific insights from the book that could apply here, feel free to share. Your contribution to our community is truly valued!

  • @sanjeevnayak7222
    @sanjeevnayak7222 2 года назад

    Lux algo premium indicator review please

  • @markthebunny
    @markthebunny 2 года назад

    Is it worth buying or no

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад +1

      its free, you dont need to buy it

    • @markthebunny
      @markthebunny 2 года назад

      @@Algo_Trader_2024 how do i get it for free

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад +2

      Just watch the video part where we are adding the indicators

    • @markthebunny
      @markthebunny 2 года назад

      @@Algo_Trader_2024 will do

  • @sajjadhossen1919
    @sajjadhossen1919 Год назад +1

    Joss video

  • @unitedstates7850
    @unitedstates7850 Год назад +2

    DONT use it. It repaints in live market

  • @parveenbhardwaj3664
    @parveenbhardwaj3664 Год назад +2

    Hindi language please

  • @Chihiro122
    @Chihiro122 2 года назад +1

    This is not backtestimg

  • @Nanyangshop
    @Nanyangshop Год назад

    at the end its not you recommend

    • @Algo_Trader_2024
      @Algo_Trader_2024  Год назад +1

      To be honest after trying it a few times I understood that repainting does not mean it’s bad

  • @martingotz2906
    @martingotz2906 Год назад +1

    1/1.5 ??????? ridiculous

  • @bluebluem4
    @bluebluem4 2 года назад +3

    sup man, can test Auto Harmonic Patterns - V2, Nadaraya-Watson Envelope [LUX] and Trendlines with Breaks [LUX]? it works for me 99% win. its insane

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад

      you mean you combine all 3 together?

    • @bluebluem4
      @bluebluem4 2 года назад

      @@Algo_Trader_2024 yes, sounds crazy but it works for me😁

    • @michaelpifeleti718
      @michaelpifeleti718 2 года назад

      Do you change any of their settings and how do you trade combining these indicators?

    • @matthewlebron142
      @matthewlebron142 2 года назад +1

      I’d like to see this as well

    • @Algo_Trader_2024
      @Algo_Trader_2024  2 года назад

      @roguelancer which tf are you using?