The most common and most likely answer to this crossword clue is the 7 plus 6 letter word TRAFFIC LIGHTS
I've seen this crossword clue in The Daily Telegraph
T
R
A
F
F
I
C
L
I
G
H
T
S
More clues leading to the result TRAFFIC LIGHTS
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.