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".
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.