It's finally here! The version 5 of the Lux Algo Premium as well as the Lux Algo Premium Oscillators have been released, alongside a brand new toolkit. Let's explore what's new!
It's finally here! The version 5 of the Lux Algo Premium as well as the Lux Algo Premium Oscillators have been released, alongside a brand new toolkit. Let's explore what's new!
Lux V5 Introduces presets to our flagship toolkit, and allow users to display multiple features within the toolkit that best fit the selected user trading style, these includes:
With presets get the features that are the most relevant directly on your chart!
The V5 update introduces three new unique overlay indicators to enhance your trading experience!
The New Cloud is similar to our previous EQ Cloud but aims to be more performant when it comes to providing support/resistance areas.
Estimate underlying linear trends with the new HyperTrend overlay indicator, all in real time! The HyperTrend also comes with a support/resistance area, you can also expect its inner line to act as a support or resistance.
We are pleased to replace the previous Lux Statistics with a brand new "Lux SR & Pattern Premium" toolkit.
This toolkit includes many useful SR related methods such as automatic pattern detection, real time supply/demand area, levels, channels, and even forecasts!
Two brand new oscillators make their apparition in the oscillator toolkit, the Ultimate MACD and Ultimate RSI, two takes on the overwhelmingly popular MACD and RSI indicators.
The Ultimate MACD aims to better preserve the cycle component in the price, while focusing on the trend component during significantly trending markets. This allows obtaining a more reactive response while potentially having more accurate divergences.
The Ultimate RSI aims to anticipate future trends trough the appearance of retracements in a prior trend. It also provides a smoother result compared to the regular RSI, thus avoiding many whipsaws without excessive lag.
See our changelogs to learn more about these updates. Our documentation page contain all information about each new features.