What Is LuxAlgo?
LuxAlgo is the world’s largest provider of trading indicators (free & paid).
We’re mostly known for the hundreds of free indicators we’ve published for 5+ charting platforms like TradingView, however, we also have exclusive tools & an AI platform on our website.
The exclusive tools we offer go much further than ordinary trading indicators on TradingView we may have made, they consist of:
Toolkits
Larger, more comprehensive, all-in-one indicators with advanced customizability & alerts.
Screeners
Complimentary dashboards to scan multiple assets & timeframes with every toolkit.
Backtesters
Complimentary strategy scripts to fully backtest & optimize every toolkit.
AI Backtesting Assistant
AI platform for automatically finding trading strategies from toolkits, accessible on LuxAlgo.com.
We also have a community Discord of 150,000+ traders that discuss markets with our tools, receive thousands of alerts, and improve their strategies with a large strategy forum.
LuxAlgo users typically integrate a few features from our tools and use them as an additional part of their trading analysis.
Access to our exclusive tools are within our plans you can sign up for on our website.
Why choose LuxAlgo?
- Hundreds of indicators published for 5+ charting platforms, millions of users, mostly free.
- We have the #1 most followed profile on TradingView (500,000+ followers).
- LuxAlgo was nominated & endorsed as Pine Wizard by TradingView for 2024. The only company/team to join their hall of fame.
- Our Signals & Overlays toolkit is the highest ever-rated paid indicator in history at 25,000+ likes.
Our team is also made up of active traders who trade with our tools live multiple times a week to contribute to our community.
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 tools 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 tools we provide 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 & strategies for your analysis and we actively update the tools over time which is what actually can make them useful for you in your trading journey.
The User And An Indicator
A trader may expect an indicator to work by itself without requiring any user interaction; just set alerts, trade automatically, and make profits. “If an indicator can’t generate returns under these conditions then it isn’t worth using.”
The worth of any technical trading tool will hardly be found in its ability to make you money by itself, the complexity of markets makes this far too difficult. A technical indicator is not smart enough, nor adaptable enough to overcome such extreme complexities, however, this is not the case of the experienced trader, who will not use an 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.
An indicator plugged into charting software can access and process large amounts of data, delivering a large quantity of useful and easy to interpret visual 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.
A suite of tools that give non-redundant information and that is easy to customize and use for alerts & strategy optimization throughout any trader’s journey will create a strong pairing; and this is what we aim to provide at LuxAlgo with our exclusive tools.
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 tools give you features that absolutely any style of trader can use to their fullest potential, and our subscription plans perfectly encapsulate this truth in each tier.
Essential Plan: Best for price action focused traders who want only simple trading like support/resistance, trend lines, patterns and more. It comes with just our Price Action Concepts® toolkit + screener on TradingView.
Premium Plan: For advanced technical analysis traders, signal following, dynamic displays of trends & reverals. It comes with the full set of our world-renowned Signals & Overlays®, Oscillator Matrix®, and Price Action Concepts® toolkits + screeners on TradingView.
Ultimate Plan: Designed for data-driven traders with access to our AI platform and Backtesters, allowing users to automate backtesting of our toolkits & get the fastest & most powerful insights possible. This is the most popular choice as it uses AI & deep optimization to give you the biggest advantage possible.
This is all part of the success of our exclusive tools with traders; while most indicators give you a two-dimensional picture of the market, we give you a three-dimensional picture, giving you the liberty to trade on the charts the way you want via easily customizable all-in-one toolkits, unparalled alert functionalities, and AI for advanced strategy creation — all used either as as a standalone suite or in confluence with other forms of analysis.
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