Traffic Lights Description (+ for Ad + Basic description)

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Traffic Lights : This is a secondary indicator for trading stocks or cryptocurrency (virtual currency). It's like a or a moving averge line, MACD, or a Volinger band

Traffic lights are available at the current tradingView site, and many people are using the Traffic Lights to trade various cryptocurrency, such as Bitcoin or Ethereum

(TradingView http://www.tradingview.com)

This article is intended to be advertised in the Traffic Lights. please use the link below to buy or use the Traffic Lights

How to use tradingview : 

Proprietary version (where to buy)

http://whitestart837.blogspot.kr/2017/08/traffic-lights-payment.html

PPT Description :

http://cafe.daum.net/whitestart/Sofu/5

To install Paid version of the Traffic Lights :

http://cafe.daum.net/whitestart/Sofu/2

To install Free version of the Traffic Lights :

http://cafe.daum.net/whitestart/Sofu/3

Free version of the Traffic Lights :

https://kr.tradingview.com/script/WWDo4tFR/

The difference between the paid version of the Traffic Lights and the free version :

Traffic Lights Screen

Notice that the Traffic Lights is shown below the highest level in the above screen.

In the middle, the volume and OBV OSC indicator are located and the charts are viewed upwards.

Smart phone Screen

The top screen is a tradingview on a smart phone, and the Traffic Lights up.

The Traffic Lights (TL 1.0) is located between the volume and the OBV. The candle is currently marked with a chimokual indicator. It's a very good indicator, but the downside is that the candlebox chart is messy and complicated. By comparison, the Traffic Lights do not disturb the screen. It's also simple to see smart phones.

If you look at the screen, you'll see black and blue colors on the line of the Traffic Lights.

The apperance of black-blue signals in the Traffic Lights is called 'Black-Blue. Most of them tend to buy them over there. (In the paid version, there is an alarm function.)

•Composed of six horizontal lines

•The upper lines signify the long-term trend, and the bottom lines the short-term trend.

•The top line is called Line 1, and lines below it are called Line 2, ..., Line 6, respectively.

•Largely six colors exist.

•Green: rise, stable (Recently there has been no great change in price.)

•White: rise, overbought (The price has risen sharply recently.)

•Blue: rise, oversold (The price has dropped sharply recently.)

•Orange: fall, stable

•Red: fall, overbought

•Black: fall, oversold

Each of green, white, and orange has three shades according to the degrees of changes

For more analysis, please view the PPT on link!

A summary of the benefits of Traffic Light

1. Composite indicator

It is a comprehensive indicator of the long term, middle term, and short term analysis, as well as the simultaneous viewing and sale of prices and overbought stats and oversold.

2. Simple and effective design

For six periods of time, rise, fall, overbought, and oversold. You can read and analyze all these information very briefly and quickly.

3. Reliability

After the incator development, we have had sufficient testing periods. A lot of investors are using it in practice. In particular, they are highly regarded when they are buying.

4. The degree of difficulty in determining pattern is low.

To find patterns in the Candle chart, you need a long study, training, and excellent sense.

Even if you have all those things, chart analysis is hard work. However, you can use the signal light to read the color difference between the upper(long term) and lower lines (short term) and the color variation in the color shift (depending on the time stream). Of course it's not easy to say, It's easier than analyzing a candle chart by yourself. Eventually, investors can spend more time searching for information, or in other events. It is quicker to skalping.

Thank you for reading.

If you have any more questions or technical questions, please contact the Q&A board.

Q&A: http://cafe.daum.net/whitestart/RpFg

E-mail : readnow@naver.com