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LuxAlgo Premium Oscillators

5.0.1


Changed

  • Changed Ultimate RSI to better perform during trending markets

5.0


Added

  • New Ultimate MACD oscillator
  • New Ultimate RSI oscillator
  • New dynamic overbought/oversold levels
  • Pivot oscillator moved from previous Lux Statistics Toolkit within the Lux Oscillator Premium

Changed

  • Renamed Legacy oscillator as "Ultimate Stochastic"

Removed

  • Removed Classic oscillator
  • Removed Normalized oscillator

4.1


Added

  • New "Trending Normalized" element for the Normalized oscillator

Changed

  • Reskin of the Advanced, Normalized, and Legacy oscillators
  • Classic oscillator is now separated into two bullish/bearish components
  • Legacy Oscillator set as default

Removed

  • Removed Support/Resistance of the Advanced oscillator
  • Removed Dashboard

4.0.1


Fixed

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

4.0


Added

  • New Classic oscillator
  • New Classic oscillator related alerts
  • New Overbought/Oversold Zones

Changed

  • Changed default settings
  • Minor style changes

3.1


Added

  • New institutional activity alert

3.0.1


Changed

  • Improved divergences detection for the Lux oscillator style
  • Scaled legacy oscillator in a 0/100 range

Fixed

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

3.0


Added

  • New 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.
  • Exclusive dashboard for the Lux oscillator type.

2.1


Added

  • New Directional Heatmap oscillator type
  • Added Directional heatmap Method setting

Changed

  • Set Normalized oscillator type as default

2.0


Added

  • Added 3 new oscillators, Confirmation, Normalized, and Cycle
  • Added an oscillator dashboard

Changed

  • Option to use a color gradient, with two color modes available
  • Renamed old "Lux Oscillator" as "Legacy" in "Type"

1.0


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.