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 v6 · On the chart
PineForge — Cashflow Cash Costs
This strategy calculates a fast EMA, a slow EMA, and an ATR value to implement a trend-following trading model with cash position sizing.
GitHub stars1on the repository
Pine versionv6current
Lines of code32
Settings4inputs
LicenceApache-2.0
Last update5 days ago23 Oct 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
32 lines of Pine Script v6 from validation/analyzer-cashflow-cash-costs-01/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=6
// SPDX-License-Identifier: Apache-2.0
// Copyright 2026 PineForge
// PineForge Owned Strategy: Cashflow Cash Costs
// Cash sizing converts a fixed budget at fill time with per-contract costs.
strategy("PineForge — Cashflow Cash Costs", overlay=true,
initial_capital=75000,
default_qty_type=strategy.cash, default_qty_value=4200,
pyramiding=0, commission_type=strategy.commission.cash_per_contract,
commission_value=0.35, slippage=1,
margin_long=100, margin_short=100,
process_orders_on_close=false, calc_on_order_fills=false)
fastLength = input.int(22, "Fast EMA Length", minval=2, group="Signal")
slowLength = input.int(63, "Slow EMA Length", minval=5, group="Signal")
atrLength = input.int(18, "ATR Length", minval=2, group="Risk")
maximumAtrLoss = input.float(2.6, "Maximum ATR Loss", minval=0.5, step=0.1, group="Risk")
fastLine = ta.ema(close, fastLength)
slowLine = ta.ema(close, slowLength)
atrValue = ta.atr(atrLength)
enterLong = ta.crossover(fastLine, slowLine)
trendEnded = ta.crossunder(fastLine, slowLine)
riskExceeded = strategy.position_size > 0 and close < strategy.position_avg_price - atrValue * maximumAtrLoss
if strategy.position_size == 0 and enterLong
strategy.entry("Cashflow Long", strategy.long)
else if strategy.position_size > 0 and (trendEnded or riskExceeded)
strategy.close("Cashflow Long", comment=riskExceeded ? "Cash risk" : "Trend ended")
plot(fastLine, "Fast EMA", color=color.blue)
plot(slowLine, "Slow EMA", color=color.orange)
Overview
PineForge — Cashflow Cash Costs enters long trades when the fast EMA crosses above the slow EMA. Positions are exited when the fast EMA crosses below the slow EMA or when the price falls below the entry price by an ATR-based loss multiplier. The script plots the fast and slow Exponential Moving Averages directly on the price chart.
- Dual EMA crossover entry signals
- ATR-based dynamic risk exit condition
- Cash position sizing with per-contract costs
- Fast and slow EMA plots on price chart
Details
Published by
pineforge-4pass on GitHub
Code credit
PineForge, as written in the script's header
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingparitypine-scriptpinescriptquantitative-financetest-corpustradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA Length | int | 22 | fastLength |
| Slow EMA Length | int | 63 | slowLength |
| ATR Length | int | 18 | atrLength |
| Maximum ATR Loss | float | 2.6 | maximumAtrLoss |
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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