LuxAlgo is the world’s largest provider of technical indicators (free & paid).
We’re mostly known for the mind-bending amounts of free indicators we have contributed on TradingView, however, we also have exclusive toolkits on our website that have dozens of advanced features you can use to further improve your trading experience.
The exclusive toolkits we offer are the best of our best work and are actively updated from our community’s feedback.
We also have a community Discord of 150,000+ traders that discuss markets with our toolkits, receive thousands of alerts, and improve their strategies with a large strategy forum.
LuxAlgo users typically integrate a few features in the toolkits and incorporate them as an additional workflow in their trading analysis.
Access to these toolkits are all within our subscription plans you can sign up for on our website.
Why choose LuxAlgo?
Below are some key accomplishments of ours that showcase our hard work & dedication to revolutionizing the technical analysis space.
- 150+ indicators made for the world on various charting platforms, millions of users, mostly free.
- Creators of the most famous custom indicators ever (Smart Money Concepts, Trendlines w/ Breaks, etc).
- LuxAlgo has the #1 most followed profile on TradingView (500,000+ followers)
- LuxAlgo was nominated as Pine Wizard by TradingView for 2024. The only company/team to join their hall of fame.
- Earned 2 of the top 3 indicators in 2022 in TradingView’s Community Awards.
- 15+ Editors’ Pick awards given to us by TradingView for our contributions.
- Our Signals & Overlays toolkit is the highest ever-rated paid indicator in history at 20,000+ likes.
Our team is also made up of active traders who trade with our toolkits live multiple times a week to contribute to the ever-growing LuxAlgo community. We pride ourselves just as much in our trading & educational focus as we do in our development related achievements.
See it all for yourself on our TradingView profile.
Why It Can Work
Traders typically have several questions after seeing LuxAlgo, one of them being:
What advantages do these paid indicators give me over free ones?
And the most important one:
Will I make profits using them?
It would be presumptuous and dishonest on our part to tell you the indicators we provide work like a charm and will guarantee you huge returns in a short amount of time, markets are more complicated than that.
No indicator is capable of guaranteeing an improvement to your performance by itself, nor is any strategy capable of maintaining a percentage accuracy over time; money printers do not exist. Our tools are designed to generate easily understandable workflows for your analysis and we actively update the toolkits over time which is what actually can make them useful for you in your trading journey.
The User And The Indicator
A trader may expect indicators to work by themselves without requiring any user interaction; just set them running, forget them, and make profits. “If an indicator can’t generate returns under these conditions then it isn’t worth using.”
The worth of a technical indicator will hardly be found in its ability to make you money by itself, the complexity of price variations makes this far too difficult. A technical indicator is not smart nor adaptable enough to overcome such extreme conditions, however, this is not the case of the experienced trader, who will not use the indicator as a money printer, but as a supportive tool for decision making.
We believe that the success lies in the association of the user and the indicator.
The indicator can access and process large amounts of data, delivering a large quantity of useful and easy to interpret information which the trader can’t really do by themselves, but he/she is smart, aware of a lot of external factors, and can manage their money.
When I was passing tests to work at a private investment fund, we needed to work alongside an automated trading algorithm, I thought that we just had to let it run, but no, we had to stop the algorithm during huge volatile markets movements, limiting risk, so we had to team up with the algorithm to make it work, this changed my vision on technical indicators and their usability in trading.
An indicator that gives non-redundant information that is easy to customize throughout any trader’s journey will create a strong pairing; and this is what LuxAlgo aims to provide.
Embracing Your Trading Style
If you are not free you won’t go far, some traders find themselves as natural contrarians going against the trend, others ride with the trend, however, whatever your trading style is — LuxAlgo embraces it. Our toolkits give you features that absolutely any style of trader can use to their fullest potential.
This is part of the success of our toolkits with traders; while a lot of indicators give you a two-dimensional picture of the market, we give you a three-dimensional picture, giving you the liberty to trade the indicators the way you want via easily customizable all-in-one indicators, used either as as a standalone or in confluence with other forms of analysis.