Lux Oscillator Premium

V4

v4.0.1

  • Fixed NaN values on the classic oscillator appearing on certain tickers.

v4.0

  • New Classic oscillator

  • New Classic oscillator related alerts

  • New Overbought/Oversold Zones

  • Changed default settings

  • Minor style changes

V3

v3.1

  • New institutional activity alert

v3.0.1

  • Fixed the oscillator not being able to be loaded on a chart

  • Improved divergences detection for the Lux oscillator style

  • Scaled legacy oscillator in a 0/100 range

  • Minor changes

v3.0

  • New Lux oscillator type.

  • Exclusive dashboard for the Lux oscillator type.

  • New alert conditions for the Lux oscillator type.

  • New design for the input settings window.

  • Added tooltips to the input settings window.

V2

v2.1

  • New Directional Heatmap oscillator type

  • Added Directional heatmap Method setting

  • Set Normalized oscillator type as default

  • Minor Changes

v2.0

  • Added 3 new oscillators, Confirmation, Normalized, and Cycle

  • Option to use a color gradient, with two color modes available

  • Added an oscillator dashboard

  • Renamed old "Lux Oscillator" as "Legacy" in "Type"

V1

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.