maxits

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".
Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con lo establecido en las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?