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  • What is the WiseOwl Indicator?
    The WiseOwl Indicator is a comprehensive TradingView tool designed to enhance your trading by providing entry and exit signals, risk management tools, and multiple trading modes. It suits both beginners and experienced traders looking to develop personalized strategies.
  • What are the main features of the WiseOwl Indicator 1.2.1?
    Multiple Trading Modes: Choose from seven modes, including Conservative, Eco, Balanced, Aggressive, Long Term, and Custom. Flexible Risk Management: Use ATR-based or fixed-percentage stop-loss settings, with built-in cooldown periods to prevent overtrading. Break-Even Protection: Automatically move stop-loss levels to entry price during favorable conditions. Multi-Timeframe Analysis: Get insights from higher and lower timeframes. Backtesting Enabled: Simulate strategies on historical data to refine them. Real-Time Alerts: Stay updated with instant alerts for validated trade setups, including buy and sell signals, take profit, stop losses, and more. Performance Tables: Track metrics like wins, losses, RRR (Reward-to-Risk Ratio), and Sharpe Ratio.
  • What trading strategies does the WiseOwl Indicator support?
    Scalping and Intraday Trading: Optimized for fast-paced trading on short timeframes (e.g., 1m, 5m, 15m). Swing Trading: Enhanced by ATR-based stop-loss and take-profit levels for larger market moves. Trend-Following: Uses multi-timeframe EMA filtering to confirm bullish or bearish trends.
  • What are the pricing plans for the WiseOwl Indicator in 2025?
    WiseOwl Scout – Free: Basic version. WiseOwl Sage – $49.90/month or $449.99/year: Full indicator access with premium features. WiseOwl Oracle – $99.99/month or $999.99/year (Coming Soon): Includes everything in the Sage plan, plus monthly webinars and 1-on-1 coaching.
  • What happens if I reach the daily loss limit?
    The indicator will automatically pause new signals for the rest of the day, helping enforce disciplined risk management.
  • Is the WiseOwl Indicator suitable for beginners?
    Yes. Beginners can start with Balanced or Eco modes, which simplify trading while teaching risk management and trend-following. It also helps new traders analyze historical charts and provides simplified market analysis.
  • Does the indicator work with all markets?
    Yes, it works with stocks, forex, cryptocurrencies, and more. It adapts to any market supported by TradingView.
  • Do I need to know how to code to use the indicator?
    No coding knowledge is needed. The indicator is user-friendly, and settings can be adjusted directly in TradingView.
  • How often do you update the WiseOwl Indicator?
    Updates are released regularly to improve functionality, add features, and fix bugs. All users receive updates automatically on TradingView.
  • What is the difference between WiseOwl 1.2.1 and WiseOwl 2.0?
    The WiseOwl 2.0 includes additional features, refined trading algorithms, and further enhanced risk management tools compared to 1.2.1.
  • What do I need to get started?
    You just need three simple things: A free TradingView account. Access to the Premium Discord Community. Subscription to the WiseOwl Indicator.
  • How do I access the WiseOwl Indicator after purchasing a plan?
    Subscribe to a plan on the LumaNex website. Join the Premium Discord Community. Go to the tradingview-username section in Discord and submit your TradingView username. Access your TradingView account, go to Supercharts → Indicators, and find the WiseOwl Indicator under Invite-Only Scripts.
  • How do I enable alerts for buy/sell signals?
    Access your TradingView account and load the WiseOwl Indicator on your chart. Click the Alerts button in the top-right corner of the screen. Click Create Alert and add your desired settings. Set your alert and click Create to activate it.
  • Can I customize the risk settings and stop-loss levels in WiseOwl 1.2.1?
    Yes, you can: Adjust the risk percentage (%) for each trade. Use ATR-based or fixed-percentage stop-loss modes. Modify the ATR multiplier for dynamic stop-loss levels.
  • How does the backtesting feature work?
    Backtesting uses historical data to simulate trades based on your settings. It allows you to: Analyze past performance. Refine your strategy and identify patterns before live trading.
  • What do I do if I encounter issues while setting up?
    Both Sage and Oracle plan users have access to premium customer support, with priority support for Oracle members. You can also reach out via email or explore community resources for assistance.
  • When will I receive my first 1-on-1 coaching session?
    You can schedule your free 1-on-1 coaching session anytime during your 7-day free trial—or even before. Simply email support@lumanex.com to request a session.

Disclaimer: Lumanex provides tools and resources for informational purposes only. We do not offer financial advice or guarantees of performance. Trading involves significant risk; past results are not indicative of future outcomes. Use our products at your own discretion and responsibility.

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