EMA with Adjustable ±% Bands

This indicator plots an Exponential Moving Average (EMA) with two dynamic bands above and below it, set at a user-defined percentage offset.

EMA Length – Controls the smoothing period for the EMA.

Band Offset (%) – Determines the percentage distance of the upper and lower bands from the EMA.

EMA Line Color & Band Fill Color – Fully customizable for visual clarity.

The upper and lower bands act as a volatility envelope, helping to identify potential overbought and oversold zones relative to the EMA. The shaded area between the bands provides a quick visual reference for price movement boundaries, making it useful for trend-following strategies, breakout detection, or mean reversion setups.