OPEN-SOURCE SCRIPT
Traffic Lights Strategy

4HS Crypto Market Strategy
This strategy uses 4 ema to get Long or Short Signals
Length are: 4, 9, 18, 100
We take long positions when the order of the emas is the following:
green > yellow > red (As the color of Traffic Lights) and they are above white ema (Used as a filter for long positions)
We take short positions when the order of the emas is the following:
green < yellow < red (As the color of inverse Traffic Lights) and they are below white ema (Used as a filter for short positions)
Enable Long and/or Short Positions in settings
Enable Profit and Stop in strategy settings with different percentage to backtest the strategy. Also if it is better to use a Traditional Stop Loss or a Trailing Stop Loss based on ATR
Change ema filter resolution in settings for better strategy performance
This Strategy was tested on Crypto Market with good results in assets as BTC, ETH, BNB, ADA, LTC, XLM, BCH, among others
Feel free to optimize this strategy, optimizing its parameters. Each asset has its own "personality".
This strategy uses 4 ema to get Long or Short Signals
Length are: 4, 9, 18, 100
We take long positions when the order of the emas is the following:
green > yellow > red (As the color of Traffic Lights) and they are above white ema (Used as a filter for long positions)
We take short positions when the order of the emas is the following:
green < yellow < red (As the color of inverse Traffic Lights) and they are below white ema (Used as a filter for short positions)
Enable Long and/or Short Positions in settings
Enable Profit and Stop in strategy settings with different percentage to backtest the strategy. Also if it is better to use a Traditional Stop Loss or a Trailing Stop Loss based on ATR
Change ema filter resolution in settings for better strategy performance
This Strategy was tested on Crypto Market with good results in assets as BTC, ETH, BNB, ADA, LTC, XLM, BCH, among others
Feel free to optimize this strategy, optimizing its parameters. Each asset has its own "personality".
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.