Head to head
Hexgo vs LuxAlgo
Scored on the same five components, so the totals mean the same thing. Hexgo leads by 30 points. They cover different asset classes, so this is a question of what to automate rather than which product within one market.
Rank 1
Hexgo
91
out of 100
Managed index-futures automation for NinjaTrader 8. All four CME contracts are covered in both full-size and micro form, with fault recovery and a monitoring dashboard attached, and setup handled with the buyer rather than handed over.
Rank 8
LuxAlgo
61
out of 100
An indicator and alerting suite for TradingView, with strategy tooling and backtesting attached. It tells you what it sees; placing the order stays your job.
Component by component
| Component | Weight | Hexgo | LuxAlgo | Difference |
|---|---|---|---|---|
| Cost | 30 | 29.4 | 27 | Hexgo +2.4 |
| Automation | 25 | 25 | 3.8 | Hexgo +21.2 |
| Coverage | 20 | 14.4 | 18 | LuxAlgo +3.6 |
| Resilience | 15 | 14.3 | 4.5 | Hexgo +9.8 |
| Transparency | 10 | 8 | 8 | level |
| Total | 100 | 91 | 61 | Hexgo +30 |
Side by side
| Hexgo | LuxAlgo | |
|---|---|---|
| Listed price | $49–$97 | $59.99 |
| All-in per month | $49 | $59.99 |
| Automation | Places trades | Signals only |
| Asset class | Futures | Multi-asset |
| Platform | NinjaTrader 8 | TradingView |
| Suits | Anyone already on NinjaTrader who wants the index complex traded for them, at a size their account can actually carry. | TradingView users who want signals and strategy tooling at minimal cost and will place their own trades. |
| Limits | NinjaTrader 8 only. No equities, crypto or forex, and nothing for TradingView users. | Does not place trades. Comparing its fee to the executing products compares two different things. |
Which should you pick?
Hexgo scores higher, but a score is a summary and the components behind it are not interchangeable. Cost is where Hexgo gains most; Coverage is where LuxAlgo does. If the component you care about is the one it loses on, the total is the wrong thing to read.
Hexgo suits anyone already on ninjatrader who wants the index complex traded for them, at a size their account can actually carry. LuxAlgo suits tradingview users who want signals and strategy tooling at minimal cost and will place their own trades.
Frequently asked questions
Which scores higher, Hexgo or LuxAlgo?
Hexgo scores 91 out of 100 and LuxAlgo scores 61, a gap of 30 points. Both are marked on the same five components — cost, automation, coverage, resilience and transparency — and the totals are computed from those marks rather than assigned.
What is the real cost difference between Hexgo and LuxAlgo?
Hexgo is $49 a month all-in, and LuxAlgo is $59.99. All-in means the subscription plus the platform licence, market data and any required hosting — not the advertised figure.
Can you compare Hexgo and LuxAlgo when they trade different markets?
They cover different asset classes — futures and multi-asset — so this comparison answers what to automate rather than which product within one market. The rubric applies identically to both, which is what makes the scores comparable at all.
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