Ultimate Price Action Concepts Indicator by LuxAlgo (Full Strategy 2024)
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- Опубліковано 8 вер 2024
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WOW. You actually did it... Much respect to you Michael. I asked for this video during a live stream less than a week ago and here it is. This guy stands by his word.
One of the best tutorial I've seen 'til now about the use of PAC.
Kudos 2 you, mate.🙏
Great video and explanation
This is a great tutorial - thanks so much!
Excellent presentation! Bravo! Thank you!
Hi Michael, I really don't have much experience in trading so does reading the stochastic, macd & rsi indicators does it mean that:
If the lines from these indicators are...
Curving Upwards: When all three indicators start curving upwards, it suggests that the price is likely to move upwards, indicating a potential buy signal.
Curving Downwards: When all three indicators start curving downwards, it suggests that the price is likely to move downwards, indicating a potential sell signal.
Regardless if they are in the middle area level?
When I look at these indicators I look at direction as well as crosses. So like for Stochastic, if K% crosses over the D% line, that's a bullish signal. In the RSI, the RSI line crossing over the RSI-based MA is a bullish signal. When a cross forms at the bottom with strong upward momentum, it's a good time for me to look for other bullish confirmations. Not sure if that makes sense!
@@gagogirl4072 yes it does! Thank you! 🙏
Great presentation.
Can you trade with that Strategie on Gold and which timeframe is the best for this Strategie?
WoW!!Thank you
Is this better than luxago smart money concepts ? they seem similar? What’s is the difference I’m new to this and confused ?
Thank you! I may try out the indicator for a month and see !
Best of luck!
I enjoyed this video. Does this indicator have buy and sell signal alerts? You did not rush it. You did a great job. Thank you
No need that, just have confirmations from the indicator. No buy and sell signal will be always precise so don’t waste time with that, learn the concept and the signal will be your brain
Thank you for this. But i have a question thou. for those not using trading view premium and can't have the MACD, RSI and Stoch added to their chart, what can be a substitute for confluence before entry. Thanks
Thank you. Very good.
Thank you so much Michael..
great content
Thank you 🙏
thanks man, its an eye opening.
My pleasure!
Hello, how do you combine it?
thanks a lot!
My order blocks do not have a percentage. Is that a setting I can change to get it?
Difference between smc concept indicator and price action concept indicator
thanks bro. really appreciate it...
Amazing !!!! Thank you :)
Glad you liked it!
why all the lagging indicators on the bottom of your chart??
thanks for sharing
Hello! Is it possible to have alerts on this stratygy? Do you backtest it? what's the win ratio and percent of profitable trades
not sure about the luxalgo having it, but it is a native function in trading view
wow
Can this workout with the free luxalgo smart money concepts?
I have tried the free version and it is good but does not have all the bells and whistles.
Bro why do you use the MAC/D STOCHS RSI etc? Is the Lux Algo oscillator matrix no good?
WOW. You actually did it... Much respect to you Michael. I asked for this video during a live stream less than a week ago and here it is. This guy stands by his word.
Thank you 👍
You bet!
WOW. You actually did it... Much respect to you Michael. I asked for this video during a live stream less than a week ago and here it is. This guy stands by his word.
WOW. You actually did it... Much respect to you Michael. I asked for this video during a live stream less than a week ago and here it is. This guy stands by his word.
I’m going to make a longer version of this in the future but I think if you watch this and the tutorial from lux algo it should help a lot
@@MichaelWhitman Thanks man!