Lux Algo indicator from TradingView



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Folks Any thoughts on what Lux Algo oscillator could be based on. Here is a screen shot.



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From LuxAlgo - Have to purchase it.

The Lux Oscillator is inspired by stochastics and market balance. The oscillator is a responsive ribbon which at times provides earlier signals compared to a normal stochastic . When the oscillator crosses over to become blue this is a bullish signal and when the oscillator crosses over to become red this is a bearish signal. It also is great for spotting divergences. This can give the user opportunities to enter earlier into positions.

Lux Oscillator works great in confluence with our other script Lux Algo V2. It works on most markets especially crypto & forex. It also excels in ranging markets and can be used on any timeframe.

The source code of this study is protected and the author decides who can use it. You can add it to your favorites but you'll only be able to use it after the author grants permission. Contact LuxAlgo for more information.


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We have Stoch's coming out our ears both on this site and native in TOS.
Which Stoch Divergences have you tried so far?
Have you tried:

Did you find that Lane gave you lag?
Can you provide some examples of what you are trying to do?

I would utilize the ones already available to you, in test runs in your strategy, and bring any problems you encounter to the site so specific answers and assistance can be offered, before throwing money away on the latest fandangle...
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