20 pip above & 20 pip below EMA 61

[vax]

I have a 61 EMA line and would like to input a line 20 pips above and 20 pips below.   Can anyone help me with this?  Many thanks.

[Wackena]

Try this:

I found a EMAbands-v1 at the Yahoo mt index pages. http://www.forexmt4.com/_MT4_Indicators/ . I modified it to hopefully meet you requirements.

Input Parameters:

Length = 61 (number of periods for calculation)

MA_mode = 1 (0=SMA, 1=EMA, 2=SMMA, 3=LWMA)

Delta = 20 (Delta is pip distance above and below iMA() baseline)

[vax]

wackena:

Try this:

I found a EMAbands-v1 at the Yahoo mt index pages. http://www.forexmt4.com/_MT4_Indicators/ . I modified it to hopefully meet you requirements.

Input Parameters:

Length = 61 (number of periods for calculation)

MA_mode = 1 (0=SMA, 1=EMA, 2=SMMA, 3=LWMA)

Delta = 20 (Delta is pip distance above and below iMA() baseline)

Thanks for your help wackena. I will try this and report back :)

[vax]

wackena.  Did a little tweaking and it works perfectly.  Thanks for your help!