This mean-reversion strategy plots Bollinger Bands and a long-term moving average directly on the price chart. It enters trades when price candles penetrate the outer Bollinger Bands beyond a user-defined body percentage, anticipating a price reversal. Entries
Strategy · Pine Script v5 · On the chart
Corpus Exit Qty Percent
Corpus Exit Qty Percent is a Pine Script strategy that executes trades based on exponential moving average crossovers and manages positions with Average True Range levels.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code19
Settings0inputs
LicenceMIT
Last update4 months ago6 Jun 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
19 lines of Pine Script v5 from apps/server/src/pine-corpus/strategy_exit_qty_percent.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
strategy("Corpus Exit Qty Percent", overlay=true)
emaFast = ta.ema(close, 12)
emaSlow = ta.ema(close, 26)
atrBase = ta.atr(14)
longCondition = ta.crossover(emaFast, emaSlow)
shortCondition = ta.crossunder(emaFast, emaSlow)
if (longCondition)
strategy.entry("Long", strategy.long)
strategy.exit("Long TP", "Long", limit=close + atrBase * 2.0, qty_percent=50)
strategy.exit("Long SL", "Long", stop=close - atrBase * 1.5)
if (shortCondition)
strategy.entry("Short", strategy.short)
strategy.exit("Short TP", "Short", limit=close - atrBase * 2.0, qty_percent=50)
strategy.exit("Short SL", "Short", stop=close + atrBase * 1.5)
Overview
Corpus Exit Qty Percent calculates 12-period and 26-period EMAs along with a 14-period ATR. When the fast EMA crosses above the slow EMA, it enters a long position; a cross below triggers a short position. Profit exits target 50 percent partial position scale-outs at 2.0 times ATR distance, while stop-loss exits close positions at 1.5 times ATR distance. The script renders directly on the main price chart.
- EMA crossover trade signals
- ATR-based dynamic take profit and stop loss
- Partial position exits using percentage quantity
Details
Published by
Snappni on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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