Band distance from mean moving average
study(title="Yacine EMA Bands", shorttitle="YEMAB", overlay=true) source = close length = input(125, minval=1, title = "EMA Length") atrlen = input(500, minval=1, title = "ATR Length") mult1 = 3.2 mult2 = 6.4 mult3 = 9.5 ma = ema(source, length) range = tr rangema = ema(range, atrlen) up1 = ma + rangema * mult1 up2 = ma + rangema * mult2 up3 = ma + rangema * mult3 dn1 = ma - rangema * mult1 dn2 = ma - rangema * mult2 dn3 = ma - rangema * mult3 plot(ma, color=black) color1 = lime color2 = orange color3 = maroon //plot(up1, color = color1) //plot(up2, color = color1) //plot(up3, color = color1) u4 = plot(up1, color = color1) //plot(up5, color = color2) //plot(up6, color = color2) //plot(up7, color = color2) u8 = plot(up2, color = color2) //plot(up9, color = color3) //plot(up10, color = color3) //plot(up11, color = color3) u12 = plot(up3, color = color3) //plot(dn1, color = color1) //plot(dn2, color = color1) //plot(dn3, color = color1) d4 = plot(dn1, color = color1) //plot(dn5, color = color2) //plot(dn6, color = color2) //plot(dn7, color = color2) d8 = plot(dn2, color = color2) //plot(dn9, color = color3) //plot(dn10, color = color3) //plot(dn11, color = color3) d12 = plot(dn3, color = color3)