TradeLab.ai offers pre-made strategies to help customers who subscribe to Lux Algo trading alerts get started quickly.

You can find the sample Lux Algo strategy by logging into the TradeLab.ai portal and viewing the Strategies > Explore Shared screen.

Because Lux Algo is a paid alert system, the strategy does not share its alerts automatically. You will need to link your copy of Lux Algo running on TradingView and have it send alerts to TradeLab. To use the pre-made strategy, you will need to send alerts that match how the strategy was made.

The following are instructions on how to setup alerts for Lux Algo




Instructions:

1. In TradeLab.ai go to Alert Templates > Create New. Name it Lux Algo Template

Press the Import button and paste this:

{
  "name": "Lux Algo Basic",
  "fields": [
    {
      "type": "string",
      "description": "",
      "field": "type"
    },
    {
      "field": "interval",
      "type": "string",
      "description": ""
    },
    {
      "description": "",
      "type": "string",
      "field": "symbol"
    }
  ],
  "fieldNames": [
    "type",
    "interval",
    "symbol"
  ],
  "description": ""
}


Hit save.


You should see fields listed at the bottom of the page.

Copy the Web Hook Url by clicking on the link box.
You will use this in the next step



TradingView Alert Setup


The screenshots below each represent a new alert that must be made. For more information on setting up TradingView alerts with TradeLab.ai click here.





2. In TradingView create the alerts as shown in the screenshots above. One per screenshot, 6 alerts per symbol and interval.

If you plan to run 3 different symbols you’ll need 18 alerts. When asked for the Webhook Url use what you copied in the previous step.

{"type":"anybuyconf", "interval": "5", "symbol": "DOGEUSDT"}

Use the text above each screenshot as a template for the Message body. Be sure to change the symbol and interval to match what you are sending.


You will need 6 different alerts as shown above. Each alert should have a identical message like the one above, except each alert will have a different type. Here are the 6 types:

  • anybuyconf
  • anysellconf
  • trendcatcherup
  • trendcatcherdown
  • trendtracerup
  • trendtracerdown

Strategy Setup

3. In TradeLab go to Community Strategies. Find and copy the Lux Algo strategy from community strategies in TradeLab. There are two, short and long. Copy one or both, your choice.


4. Once copied go back to My Strategies and edit the Lux Algo strat(s) you just copied. Note the symbol, amount and leverage. You should change these to suit your needs.


5. Click on the Variables tab at the top of the Strategy Builder. Enter your Chart Interval to match the interval setting you put into the TradingView Alert earlier.



6. Take note of the Take Profit Line and Stop Loss Line variables. These are natural movement percentages of how far from the entry point you want to set your TP/SL. This strategy is designed to have rolling Take Profits, so each time the Take Profit line is hit it will increase both lines by the third variable “Percentage Offset”.


For example:
Take Profit Line = 3
Stop Loss Line = -3
Percentage Offset = 3


In this example if our chart moves by 3 percent we hit the Take Profit line. Both lines will hop up one ladder step by increasing by 3. So our stop loss becomes 0 and our next take profit line is 6. It keeps rolling until the strategy hears the exit alerts or we hit the graduated stop loss. 7. Optional: duplicate the strategy for multiple symbols. Go to the Strategy list, hit the three dot menu on the Lux Algo strategy and copy the strategy. Then hit edit. Change the name, and repeat steps 4 thru 6 for each new copy (edited)


In this example if our chart moves by 3 percent we hit the Take Profit line.

Both lines will hop up one ladder step by increasing by 3. So our stop loss becomes 0 and our next take profit line is 6. It keeps rolling until the strategy hears the exit alerts or we hit the graduated stop loss.


7. Optional: duplicate the strategy for multiple symbols.

Go to the Strategy list, hit the three dot menu on the Lux Algo strategy and copy the strategy. Then hit edit. Change the name, and repeat steps 4 thru 6 for each new copy