today we're unveiling the new Lux algo screeners so as you know we've had all of these exclusive toolkits a part of Lux algo and just recently we have introduced the back testing system in a higher plan for people that want to back test all of our exclusive toolkits but as of today we now have exclusive screeners that perfectly coincide with all three of our Lux algo exclusive toolkits and with these do is that they aim to give you a simple way to find trading opportunities across the assets that you want to screen for so we're going to do a full walkr in this video for how these screeners actually work but first let's take a closer look up at all of the features [Music] aah [Music] okay so now let's do a full walkr for how these screeners work on your charts as well as what Advanced features are included and of course how you'll be able to get access as a lux algo user so there's actually three screeners that go with each Lux algo toolkit but for the sake of Simplicity since they're all the same structure and have the same components but just different features per each toolkit we're going to go over the signals and overlays screener so before we dive into all of the settings here and how this all works what is a screener right a screener is a simple way to find trading opportunities and in the case of Lux algo we've introduced very complex screeners because we have tons of different elements apart of our exclusive toolkits so we have the signals and overlays toolkit here which you all know and this has various different ways to display signals whether you're Trend following or a contrarian Trader it also has different ways to adjust the signals and introduce various specific indicator overlays like the smart Trail that's enabled here on the chart then it also has a dashboard with various metrics like Trend strength volatility The Squeeze metric as well as volume sentiment so what we've done here with the screen is we've given you a full panel to visualize all of these different components across a multitude of assets that you can select as well as all time frames for each specific asset so you can quickly take a glance at the screener however you set it up cuz it's fully customizable and displays in real time which metrics or features are aligning to something that you want to go and take a look at as a potential trading opportunity so as a very basic example say you have a bunch of crypto tickers or a bunch of stocks here on your screener and you want to take a quick glance through at which of these have bullish confirmation signals active which is displayed right here in this column you can quickly see that Apple stock on the 15-minute chart has a strong bullish confirmation signal active as well as all of the different features within signals and overlays that you enable as a part of this so you can quickly see all of the information that you need about specific tickers that you can select directly within the screener Now by default the screener since it has tons of components from the entire toolkit is at the bottom of your chart just like this and the reason for that is that this is a more traditional approach to using a screener similar to the built-in screener by trading view but if you want you can fully customize this and easily put it on top of your chart chart just like a dashboard by simply dragging and dropping going into the settings and scrolling down to the location and putting it to the top right or the bottom left is what I would recommend and then of course you would simply just disable a good amount of these features so that it can more properly fit here directly on your chart as an advanced dashboard for Lux algo toolkits all right so now here we go we now have a super Advanced Lux algo signals and overlays based dashboard on the chart and the really awesome thing about this is that it can easily do multi-time frame per each specific ticker so if we want to look at the daily time frame for all of the tickers that we're watching whether it's stocks Forex or crypto absolutely anything directly from Trading views built in ticker search here we can go and right next to it select the daily time frame or any time frame so that this screener is specifically displaying the time frame that you want to see okay so that's the ticker section right here as well as the time frames and the first thing that you will notice within the settings is the sort by drop-down menu so sorting allows you to easily go ahead and organize this in a very simple way so if you wanted to sort the screener by the rating which is just a general Confluence of all of the features included within the screener you can go ahead and select rating right here within the dropdown and now you'll see that that the screener is actually sorted from strong bullish down to strong bearish automatically so that you can go and easily look for the most bullish tickers for example directly at the top of the screener from the tickers that you select so we know based on this screener setup that gbpusd on the 15minute chart is the most bullish out of all of the other tickers that we have selected within the screener and of course since there are tons of other metrics that are included within the signals and overlays toolkit as well as the screener now you can go ahead and select the other options within here if you want if you want to sort the screener by Trend strength the volatility squeeze metric the volume sentiment metric or the number of exit signals that have gone off you can actually sort your screener in these various ways as well and if you click ascending it will just show you the bearish to the bullish so it's just simply flipped around now scrolling down here we have the tickers and time frames which we just went over then you will notice that we have the signal section which has the algorithm set to confirmation by default but if you're more of a contrarian Trader like you're trying to find reversals specifically you're not trying to just follow the trend you could set this to contrarian so that the screener will specifically use the contrarian signals algorithm within the signals and overlays toolkit and just like the signals and overlays indicator itself it has a sensitivity setting so that if you're someone that likes to use higher settings for your signals from within the toolkit you can go ahead and easily set this as well within your screener and now moving on to the screener elements you can see that we have absolutely everything as a part of the signals and overlays toolkit directly within here so by default you will see something like this where we have the ticker and the time frame the actual price that's updating in real time as well as the percentage change on the day that's updating right here then you have the rating which just gives you a breakdown comparing all of the other elements within the screener then you have signal as well as the exits that have occurred then you have the overlays on by default which is smart Trail the Trend catcher and the trend Tracer and then you have these other metrics which are incredibly useful in the context of screening which is the trend strength the volatility and the squeeze metric so the reason why I bring that up in terms of the metric specifically being really useful here is that for example on The Daily time frame looking at the squeeze metrics we can easily see which assets on a high time frame are likely to be in a squeeze right so we can see here Nvidia on The Daily is at a 3.18% squeeze metric and just because it's been in a solid uptrend for many many months now that is definitely not considered an opportunity for trading a squeeze to the upside however if you look at Apple on the daily chart this is up at 97% which is much more likely to be in a potential squeeze on The Daily time frame and of course you can look at the other metrics quite simply as well across these different tickers no matter what chart you're on you can see that the S&P 500 on The Daily has a 95% Trend strength so you may not want to consider fading that asset here on this time frame and you can easily just go ahead and get a quick overview of all the features you want to display here on your chart directly now since this is just a walkthrough and a tutorial we are enabling a ton of different features this is the default and you will by default have this in the bottom pane below which is set to the location of top Center when you go to the bottom of the settings menu you can select the location as well as the screener size so that you'll see it just like this in a more traditional view for a screener but again you can simply drag and drop and then considering that this is on top of the actual price display you will likely want to consider disabling some of these features if you're using it more like a dashboard so that it's not this massive and doesn't get in the way of the actual price so if you wanted to make a small dashboard that's just considering the main components that you want like the price the percentage change on the day quick and actionable information but just the signals no overlays and we don't even need a rating for this we just want to see the metrics as well as the signal and the percent change and then put it in the top right of the chart we can see just how useful this is compared to typical dashboards that you'll see for technical indicators and if you see this price scale on the left side of your screen you can just simply rightclick on the right side price scale and merge it all into one that can typically happen when you're dragging and dropping elements onto your chart just like we did to get this right here now the next component of how this screener can really be taken to another level is the filtering so you see that we have the screener elements here we have all of the features from the signals and overlays toolkit but you'll also notice that they're all set to none which means that they don't have any filtering for what assets are actually showing on the screener here in the top right now if I go to signal and I select only strong bullish confirmation which is what this symbol is right here we can see that the screener has now gotten rid of everything besides the tickers that are in a strong bullish confirmation based on the signals and this is a very basic example of what sort of filtering you can do with this new screener for the signals and overlays toolkit so this can be especially helpful if you don't always want to have the full set of tickers on your chart and you're really looking for a specific setup to go and quickly see as you start your trading day and want to actually look for assets to trade based on what things you find notable within the signals and overlays toolkit and you can introduce multiple filters at once say that you want your signal to be a strong bullish confirmation and your Trend strength to be above 70 we can go ahead and enter that right here and you'll see that the only two tickers out of all 10 tickers that are selected here within the screener with their designated time frames of course are the S&P 500 and Nvidia on the daily chart so that just show shows you how the filtering can work and how custom your setups can really be for using these exclusive screeners as a part of the Lux algo indicator Suite now we're really excited to have this released for all Lux algo users coinciding with which indicator toolkit you have so if you have just the price action Concepts toolkit you'll have the price action concept screener for completely free if you have the premium and you have the signals and overlays the a oscillator Matrix and the price action Concepts you will have three screeners available for you completely free to coincide with your exclusive toolkits so I know we just went over the signals and overlays in this video but for all of the other Lux algo toolkits they have screeners that are set up in the same way so that you can scan for example Market structure order blocks imbalances and various different features like that for different styles of trading with their own individual screeners now of course in the highest plan we have the back testing system which is a bit different and takes these toolkits to another level in terms of giving you an ability to actually back test all of the features within all of our toolkits and all members who have access to the back testing system will also of course be given access to our exclusive screeners for all three of our Lux algo toolkits so everybody should be added in by the release of this video if not it will definitely be within about 24 to 48 hours and if you have absolutely any questions on that please go to our website and contact the customer support live chat and they'll be able to make sure that you are all set now for all new users that join us you will be given access to the exclusive screeners as a part of which toolkits you get access to directly on our website which is Lux algo.com okay so we're really excited to have this released it's been heavily requested within our community and we know it's going to give all of our users a lot more functionality in terms of finding trading opportunities across the assets that they trade of course feel free to leave us feedback within the Discord in the feature request Channel and make sure to go down in the description check out all the links that we have there we have the Discord Community as well as our Twitter and trading view accounts so make sure to go and follow those to stay up to date on everything that we're doing and thanks for watching guys we'll see you all