Green light = threat me and companions with respect and friendship is made
yellow light = disrepectfull , not just wording , could be if you mine the same roids as me or my companion , this will make os agngry and sad miners codex , is a rule thump between miners dont mine other miners roids.
Red Light = Disrespectfull , rude, threatning and pirat action, that would give you an red standing with me and my companions.
Now i live by this codex that stand above, i dont min loosing a ships once in while , but i do not like to loose them to station or gate campers , to me that not pvp , that just Bug abusing and should be bannable offence,
I lost my first account to hacker , so i learn my leason not to give out my api key to anyone and thats just a fact.
Now normaly im not up for pvp so please repsect that not everyone in EVE online is playing the game for PVP fun , if you want pvp fun visit wormholes , 0.4 sec and below. or join faction warfare.
Stay safe , fly safe and remember sometimes friendship is made in games if you repsect others !