This simple indicator projects 4 EMAs above and 4 under the main EMA group.
study(title="Projecting EMAs", shorttitle="PEMA", overlay=true) ema2 = ema(close, input(25,"EMA 1")) ema1 = ema(close, input(50,"EMA 2")) dif = ema2- ema1 pEma1 = ema2 + dif pEma2 = ema2 + 2*dif pEma3 = ema2 + 3*dif pEma4 = ema2 + 4*dif pEma5 = ema2 -2*dif pEma6 = ema2 -3*dif pEma7 = ema2 -4*dif pEma8 = ema2 -5*dif ple1 = plot(ema1, title="EMA 1", color=gray) ple2 = plot(ema2, title="EMA 2", color=gray) fill(ple1,ple2,color=green,transp=80) plp1 = plot(pEma1, title="P Ema 1", color=gray) plp2 = plot(pEma2, title="P Ema 2", color=gray) plp3 = plot(pEma3, title="P Ema 3", color=gray) plp4 = plot(pEma4, title="P Ema 4", color=gray) fill(plp3,plp4,color=black,transp=70) fill(plp2,plp3,color=black,transp=80) fill(plp1,plp2,color=black,transp=90) plp5 = plot(pEma5, title="P Ema 5", color=gray) plp6 = plot(pEma6, title="P Ema 6", color=gray) plp7 = plot(pEma7, title="P Ema 7", color=gray) plp8 = plot(pEma8, title="P Ema 8", color=gray) fill(plp5,plp6,color=black,transp=90) fill(plp6,plp7,color=black,transp=80) fill(plp7,plp8,color=black,transp=70)