Lecture Notes: Introduction of Lux Algo Screeners

Overview of Lux Algo Screeners

• New screeners unveiled as part of Lux Algo toolkits.
• Backtesting system introduced in a higher plan.
• Aim: To find trading opportunities across selected assets.

Features of the New Screeners

• Three Screeners: Each Lux Algo toolkit has its own screener.
• Focus on Signals and Overlays Screener.
• Screeners are designed to provide a comprehensive view of trading signals.
• Components:
  • Trend following and contrarian signals.
  • Various indicator overlays (e.g., Smart Trail).
  • Dashboard with metrics: Trend strength, volatility, squeeze metric, volume sentiment.

Functionality of the Screeners

• Customizable Panel: Visualize components across multiple assets and time frames.
• Real-time updates to help identify potential trading opportunities.
• Example: Users can quickly identify bullish confirmation signals across stocks or cryptocurrencies.

Dashboard Customization

• Default screener is located at the bottom of the chart for a traditional view.
• Users can customize the screener location (e.g., top right, bottom left).
• Allow for a more compact dashboard view for improved usability.
• Multi-time frame view available for each ticker selected.

Sorting and Filtering Options

• Sorting: Organize tickers by rating, trend strength, volatility, etc.
  • Example: Sort tickers to find the most bullish signals.
• Filtering: Users can set filters to display specific trading signals.
  • Example: Show only strong bullish confirmations.
  • Combine multiple filters (e.g., strong bullish confirmation + Trend strength > 70).

Access and Availability

• Screeners available to Lux Algo users based on the toolkit they own.
• Free screeners:
  • Price Action Concepts toolkit users get the price action screener.
  • Premium users with multiple toolkits have access to three screeners.
• Backtesting system available in the highest plan with full features access.
• New users gain immediate access to screeners with their chosen toolkits.

Community Engagement

• Feedback requested via Discord channel for feature requests.
• Follow Lux Algo on social media (Twitter, TradingView) for updates.

Conclusion

• Excitement expressed about the new screeners enhancing trading opportunities.
• Encouragement to contact customer support for any issues or questions.