//@version=5 strategy(title="3ATR EMA Upper Band TP", shorttitle="3ATR-UpperBand", overlay=true, currency=currency.USD, initial_capital=10000, commission_type=strategy.commission.percent, commission_value=0.1) // Inputs ema_length = input.int(21, "EMA Length") atr_multiplier = input.float(3.0, "ATR Multiplier") trail_percent = input.float(2, "Trailing Stop %") // Calculations ema = ta.ema(close, ema_length) atr = ta.atr(ema_length) upper_band = ema + (atr * atr_multiplier) lower_band = ema - (atr * atr_multiplier) // Entry Condition bullish_entry = (close < ema) and (close[1] <= lower_band[1]) and (close > close[1]) // Variables for managing trade logic var float entry_price = na var float trail_price = na // Declare trail_price var float trail_stop = na var bool trail_active = false if bullish_entry entry_price := close trail_active := false trail_price := na // Reset trail_price on a new entry // Exit Conditions trail_activation = close >= upper_band trail_active := trail_active or trail_activation trail_price := trail_active ? math.max(high, nz(trail_price[1], high)) : na trail_stop := trail_active ? trail_price * (1 - trail_percent / 100) : na // Exit strategy strategy.exit("Upper Band TP", "Long", limit=upper_band, stop=trail_stop) // Entry Execution if bullish_entry strategy.entry("Long", strategy.long) // Visuals plot(ema, "EMA", color=color.new(#4A90E2, 0)) plot(upper_band, "Upper Band (TP)", color=color.orange) plot(lower_band, "Lower Band", color=color.green) // Entry/exit markers plotshape(bullish_entry, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small) plotshape(close >= upper_band, style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small, title="Take Profit")