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LuxAlgo Profile picture
@LuxAlgo
Feb 13 • 7 tweets • 4 min read • Read on X
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You’re ALWAYS trading within a range

Knowing where you are is the difference between a win and lost.

I compiled a list of some of the best free indicators for detecting ranges

The last one offers a twist 🧵Image
Predictive Ranges:

This indicator predicts future trading ranges in real time with incredible accuracy.

Trends can also be determined based on how the ranges are appearing.Image
HyperTrend:

This indicator estimates the price trend and extremities, guiding trades based on slope direction.

Unlike most indicators using this method, this one has zero backpainting.Image
Predictive Channels:

The indicator forms a trend channel with two resistance lines, two support lines, and a central average line.Image
Anchored Monte Carlo Projection:

This indicator randomly simulates future price points based on historical bar movements.

This allows us to estimate possible ranges and standard deviations.Image
Bonus: Reversal Zones – Signals & Overlays Toolkit

If you not only want to determine the ranges but also get entries and exits- then this indicator is the best options.

The zones dynamically adjust based on the volatility of the market.Image
Below are the links to these indicators:

Predictive Channels - tradingview.com/script/U8SB8fW…

Predictive Ranges - tradingview.com/script/lIdNGLi…

HyperTrend - tradingview.com/script/Bcufg8o…

Anchored Monte Carlo Shuffled Projection - tradingview.com/script/eaA61vm…

Signals & Overlays Toolkit: luxalgo.com

✨ For more indicators, visit Luxalgo.com/library/

💜 Follow us @LuxAlgoImage

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More from @LuxAlgo

LuxAlgo Profile picture
Feb 14
Machine learning isn’t the FUTURE of trading...

Because It’s already here – Forecasting trends to clustering market patterns.

Here are some free ML-based indicators you need in your toolkit.

The last one is a game-changing! 🧵Image
Machine Learning Moving Average:
ML Technique: (GPR)

Uses an RBF kernel to build a covariance matrix from past price deviations.

Then applies GPR to forecast an adaptive moving average.Image
Machine Learning: Gaussian Process Regression:
ML Technique: (GPR)

It uses GPR with kernel matrices and noise adjustments.

Additionally, it offers configurable forecast lengths and update methods (lock, update, continuous) for smoother, more customizable predictions.Image
Read 7 tweets
LuxAlgo Profile picture
Feb 12
You’re thinking about reversals wrong 🚨

Price doesn’t turn randomly – there’s a pattern to where and when reversals happen.

We made an indicator to help locate those patterns: The Reversal Probability Zone & Levels.

Here’s how it works: 🧵Image
The tool displays a zone with the 25th, 50th, 75th, and 90th percentiles on both price and time axes.

This highlights where and when past reversals occurred. Image
When the boxes are green, it means the last detected reversal was a bullish pivot (swing low).

And now zone is projecting where the next bearish reversal (swing high) is likely to occur

You can select the length for swing detection Image
Read 7 tweets
LuxAlgo Profile picture
Feb 11
What do you think of ICT?

Like his methods or not, he has had a major impact on retail trading.

Here’s a list of some of the best ICT indicators.

The last one is unlike anything you’ve seen. 🧵 Image
ICT Immediate Rebalance Toolkit:

Similar to a FVG, but more powerful – this indicator automatically detects the Immediate Rebalance.

It will also plot a ❌ when an invalid setup is detected.Image
ICT Killzones Toolkit:

Trading at the wrong time can blow your account, no matter the ICT concept.

This toolkit automatically detects killzones and the key concepts for each.Image
Read 7 tweets
LuxAlgo Profile picture
Feb 6
You think trade entries are the hard part? Nah.

Traders have blown more accounts by not knowing when to get OUT of trades.

Here are some free indicators that provides take profit and stop loss levels.

The last one – Insanely powerful 🧵Image
Range Average Retest Model:

This indicator will detect ranges and will automatically plot the entry, stop loss and take profit levels

Users can enable overlap trades to see setups within setupsImage
ICT Unicorn Model:

Directly from the teachings of ICT this indicator will automatically detect the pattern and supporting confluences.

Users can also easy change risk to reward and enable a trailing stop lossImage
Read 6 tweets
LuxAlgo Profile picture
Jan 23
Moving averages just got a major upgrade 🚨

Say goodbye to basic MAs – time for a smarter, more responsive solution.

The Machine Learning Moving Average (MLMA)

Here’s how it works 🧵Image
We used Gaussian Process Regression to:

• Smooth noisy price action.
• Estimate the true underlying trend.
• Highlight potential reversals with dynamic bands. Image
Fully customizable to fit your trading style:

Window Setting: Adjusts the moving average length (short-term or long-term trends).

Forecast Setting: Balances responsiveness and smoothness. Image
Read 6 tweets
LuxAlgo Profile picture
Dec 11, 2024
NEW INDICATOR 🚨

Fibonacci Confluence Toolkit by @LuxAlgo

Identify price reversal zones by combining key market signals and patterns.

Get access and see how it works: 🧵 Image
Identifying Market Structure 🧵

First we detect a CHoCH (Change of Character) – this is a key indicator of a shifts in market direction.

Price structure is determined using principles from our Pure Price Action Structures Indicator.Image
Area of Interest 🧵

Detected CHoCH points define an Area of Interest (AOI).

This is the zone where significant price action or reactions are anticipated.Image
Read 6 tweets

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