Say Hello To V5 and A New Toolkit!

May 23, 2022

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!

Presets

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:

  • Swing Trader (Confirmation signals, Mid-Term Frequency Autopilot, simple confirmation candle coloring, Neo Cloud)
  • Trend Trader (Confirmation Signals, Hypertrend, Trend Catcher)
  • Contrarian Trader (Contrarin Signals, Mid-Term Frequency Autopilot, Contrarian candle coloring, Reversal Zones)
  • Scalper (Confirmation signals, Low Frequency Autopilot, Contrarian candle coloring, reversal zones)

With presets get the features that are the most relevant directly on your chart!

New Overlay Indicators

The V5 update introduces three new unique overlay indicators to enhance your trading experience!

Neo Cloud

The New Cloud is similar to our previous EQ Cloud but aims to be more performant when it comes to providing support/resistance areas.

HyperTrend

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.

New Toolkit

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!

Ultimate Oscillators

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.

Ultimate MACD

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.

Ultimate RSI

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.

Learn More

See our changelogs to learn more about these updates. Our documentation page contain all information about each new features.

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