//@version=6
strategy("My First Strategy", overlay = true, initial_capital = 10000,
  default_qty_type = strategy.percent_of_equity, default_qty_value = 10,
  commission_type = strategy.commission.percent, commission_value = 0.05,
  slippage = 2)

// 1. Settings you can change later
emaLen  = input.int(50, "Trend average length")
stopPct = input.float(2.0, "Stop loss %", step = 0.5)
takePct = input.float(4.0, "Take profit %", step = 0.5)

// 2. The trend line
trend = ta.ema(close, emaLen)
plot(trend, "Trend", color.orange, 2)

// 3. The entry rule: price closes back above the trend line
buySignal = ta.crossover(close, trend)

// 4. Place the order, but only if we are not already in a trade
if buySignal and strategy.position_size == 0
    strategy.entry("Long", strategy.long)

// 5. Stop loss and take profit, measured from the entry price
entryPrice = strategy.position_avg_price
stopPrice  = entryPrice * (1 - stopPct / 100)
takePrice  = entryPrice * (1 + takePct / 100)
if strategy.position_size > 0
    strategy.exit("Exit", "Long", stop = stopPrice, limit = takePrice)