Lux Algo Review
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Lux Algo Review: What is Lux Algo?
At Lux Algo, they provide Tradingview users with the most advanced charts, indicators and signals possible.
Lux Algo specializes in feedback oriented indicators– next-generation tools to help traders better visualize every market.
The Premium suite on TradingView is made up of 3 indicators, each with multiple features and capabilities for use in technical analysis.
Many users use the set of tools frequently and they often become essential for anyone using the TradingView platform.
Because the financial and tech industries are always changing, traders need updated toolkits to make smart trades. Lux Algo’s toolkits improve a trader’s experience on discord and the tradingview platform.
At Lux Algo, they try to make chart-monitoring easy for the users by making the tools usable on any device and fine-tuning the charts for all markets available on the Trading View platform.
The carefully crafted toolkits developed by the Lux Algo team can spot a pattern formation automatically, issue signals for buying and selling, indicate moves made by institutional traders and a lot more etc.
Lux Algo has a thriving community on Discord with over 50000 members. The investors and traders in this server have access to relevant updates, signals, and automatic alerts at their fingertips whenever something pops up that they might be interested in..
Lux Algo Review: Who Invented Lux Algo?
Lux Algo was founded by Alexander Friend and Sean Mack. Both founders have extensive experience in the trading and financial industries, and are passionate about improving the way traders use Tradingview.
Alexander Friend is a seasoned developer who has worked on various projects related to finance and data analytics.
Mack Sean is an active trader with a deep understanding of markets and trading strategies. Together, they set out to create a set of tools that would revolutionize how traders monitor the markets and make trades.
Lux Algo is currently the world’s largest provider of indicators for traders & investors with over 50 open-source scripts released and 50,000 premium users worldwide.
Lux Algo Review: Is it a scam?
At this time, Lux Algo has a 4.2 Trustpilot rating. While it is clear that Lux Algo is not a scam, the reliability of its signals will depend on each trader’s interpretation, ability and thought processes.
Side Note: Come and join our stock trading alerts Facebook group (How To Make Money With Stock Alerts Services)! We also have a Stock Alerts Reviewed YouTube channel which we hope is helpful.
As a new trader it’s helpful to be part of a community of traders so you don’t feel you are battling the market alone!
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
>> CLICK HERE TO LEARN MORE!
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
Click here to learn more!
Pricing
Lux Algo offers an all-inclusive membership plan, granting users access to software features on a subscription based model.
Those interested can pay $67.99 monthly, $143.97 quarterly, $489.99 yearly or take advantage of the best deal which is the lifetime $1,197.
Lux Algo Review: How does it work?
After a user chooses one of the available plans, he can sign up. Once signed up, an email will be sent to them which contains instructions on how to connect TradingView and Discord accounts.
The software is versatile, working with foreign exchange markets, stock markets, and indices markets. It gives users the freedom to trade according to their timeframe, be it one minute, 5 min, 10 min, 1 hour, weekly, monthly etc.
Once an account connects to a tradingview account, users gain access to its charts. The Lux Algo software works for any tradingview plan — even the basic subscription!
The team developed features such as advanced charting, profiles, signaling to name a few, for the purpose of simplifying the difficult tasks trading has to offer us.
Why Is The Discord Helpful?
Lux Algo also offers a Discord bot that pumps out thousands of alerts for every market, allows users to optimize their indicator settings, and join a community of 50,000+ traders to discuss the product.
There is a bot on the Lux Algo discord server that can help users test different trading strategies, get news related to an asset they select, and view charts from TradingView.
Lux Algo Review: Education
In addition to platform tutorials, Lux Algo also emphasizes the importance of continuing education for its users. They offer resources that cover topics from beginner trading tips to more advanced technical analysis indicators.
Scripts and Signals
In these volatile market times, being attentive to sudden changes is more essential than ever.
Lux Algo also provides access to personalized automated alerts that can be activated by any condition the user chooses for a certain asset.
These alerts add even more versatility to the platform, which is especially helpful for high-frequency traders or long-term traders.
There are so many indicators and strategies available in Lux Algo it’s impossible to list and explain them all!
Instead of trying to write pages and pages about these – I figured it would be easier to just link you to different videos and pages that you might find helpful.
Lux Algo Review: Resources to Learn More
One of the best places to learn from is the website for Lux Algo. They have a whole document series on explaining what you get when you buy it here.
They explain popular indicators and strategies that become available to you as a paying member here.
Here is an example of a popular indicator/strategy you can access as a paying Lux Algo member….the charts are marked like in the example below.
This Reversal Zones Strategy is just one of dozens of similar indicators you will get access to!
Here is a link to the LuxAlgo YouTube channel which has some great content on the different strategies etc.
Lux Algo Review: Conclusions
Lux Algo is a great resource for traders because it covers different markets and has a multi-functional discord server. The only downside is that it only works with tradingview.
Even though no indicator can guarantee an increase in your performance, and no strategy is 100% accurate all the time, the Lux Algo indicators have a good reputation.
They are designed to be user interactive and work well with each other. In fact, this is what makes them successful for the users.
Overall it seems like pretty good value for money!
Side Note: Come and join our stock trading alerts Facebook group (How To Make Money With Stock Alerts Services)! We also have a Stock Alerts Reviewed YouTube channel which we hope is helpful.
As a new trader it’s helpful to be part of a community of traders so you don’t feel you are battling the market alone!
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
>> CLICK HERE TO LEARN MORE!
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
Click here to learn more!
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Lux Algo Review
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