Yacine EMA Bands V2
Version 2, because of popular demand.
Default values are weekly.
Feel free to try other configurations.
Default values are weekly.
Feel free to try other configurations.
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 = input(3.2, minval=1, title = "Deviation multiplier 1") mult2 = input(6.4, minval=1, title = "Deviation multiplier 2") mult3 = input(9.5, minval=1, title = "Deviation multiplier 3") 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)
