// @version=5

strategy("ATR Reversion System",

overlay=true,

initial_capital=100000,

default_qty_type=strategy.percent_of_equity,

default_qty_value=100,

commission_type=strategy.commission.cash_per_order,

commission_value=25)

// Get user input

i_EmaLongLength = input.int(title="Long-term EMA", defval=200)

i_EmaShortLength = input.int(title="Short-term EMA Length", defval=20)

i_ATRPeriod = input.int(title="ATR Period", defval=5)

i_ATRBand = input.float(title="ATR Band Distance", defval=1)

i_ATRStretch = input.float(title="ATR Buy Stretch", defval=1)

i_SellBand = input.string(title="Sell At Band:", defval="Middle", options=["Top", "Middle",

"Bottom"])

i_SellSrc = input.source(title="Sell Price Source", defval=high)

// Get indicator values

emaLongTerm = ta.ema(close, i_EmaLongLength)

emaShortTerm = ta.ema(close, i_EmaShortLength)

atrValue = ta.atr(i_ATRPeriod)

// Get ATR bands

atrBandTop = emaShortTerm + (atrValue * i_ATRBand)

atrBandBot = emaShortTerm - (atrValue * i_ATRBand)

// Define price stretch

float buyLimitPrice = na

// Check setup conditions = bar close is below ATR band, above long-term EMA

setupCondition = close < atrBandBot and low > emaLongTerm

// Clear any pending limit orders

strategy.cancel_all()

// Enter trades on next bar after setup condition is met

if setupCondition

buyLimitPrice := low - (atrValue * i_ATRStretch)

strategy.entry("Long", strategy.long, limit=buyLimitPrice)

// Get sell price

sellPrice = switch i_SellBand

"Top" => atrBandTop

"Middle" => emaShortTerm

"Bottom" => atrBandBot

// Exit trades

if i_SellSrc >= sellPrice or close < emaLongTerm

strategy.close("Long", comment="Exit trade")

// Draw data to chart

plot(emaLongTerm, "EMA Filter", color.red, 2)

plot(emaShortTerm, "ATR Band Middle", color.blue)

plot(atrBandBot, "ATR Band Bottom", color=color.green)

plot(atrBandTop, "ATR Band Top", color=color.new(color.gray, 75))

plot(setupCondition ? buyLimitPrice : na, "Buy Limit", color.lime, 1, plot.style_cross)