IKNOW 4SMA Strategy with Targets and Stop Loss

Description:
The IKNOW 4SMA Strategy is a simple yet effective trading strategy designed for trend-following traders. It utilizes a 4-period Simple Moving Average (SMA) to identify trend direction and generate Buy (B) and Sell (S) signals when the price crosses the SMA. This strategy also includes a customizable Take Profit (%) and Stop Loss (%) to help traders manage risk efficiently.

How It Works:
✅ Buy Signal (B - Blue): When the price crosses above the 4SMA, a long position is entered.
✅ Sell Signal (S - Red): When the price crosses below the 4SMA, a short position is entered.
✅ Take Profit & Stop Loss: The strategy automatically sets a Take Profit (default 2%) and Stop Loss (default 1%), both of which can be adjusted as per trading style.

Features:
✔ Clear Buy (B) & Sell (S) Labels – Small and non-intrusive for easy chart analysis.
✔ Customizable Take Profit & Stop Loss – Adjust percentage values to fit your strategy.
✔ Simple & Effective for Trend Following – Based on SMA crossovers for quick entries and exits.
✔ Works on Multiple Timeframes – Can be used on Forex, Crypto, Stocks, and Commodities.
✔ Lightweight & Non-Lagging – Does not overload your TradingView chart.

How to Use:
Add to Chart: Click on "Add to Chart" after enabling the script in TradingView.
Adjust Parameters: Modify Take Profit (%) and Stop Loss (%) to suit your risk appetite.
Follow the Signals: Enter Long when a B (Blue) appears and enter Short when an S (Red) appears.
Manage Risk: Keep an eye on the Stop Loss and Take Profit levels for controlled risk exposure.
🚀 This strategy is perfect for traders who prefer quick, trend-based entries and exits with proper risk management! 🚀

Disclaimer:
This strategy is for educational purposes only. Always backtest and demo trade before using it in live markets. Trading involves risk; trade responsibly.

🔹 Created by: Kashif Abbas (IKNOW Digital Marketing & eCommerce Solution)
🔹 Trademark: IKNOW 4SMA Strategy