Price percent from EMA with background color

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Here is the solution you requested:

input minimumValue = 0.0;
input maximumValue = 0.35;
input maLengthOne = 21;
input maTypeOne = AverageType.EXPONENTIAL;
input maPriceOne = close;
def maOne = MovingAverage(maTypeOne, maPriceOne, maLengthOne);
plot percentFrom = 10 * (close / maOne – 1);
percentFrom.AssignValueColor(if percentFrom > minimumValue and percentFrom < maximumValue then Color.BLACK else Color.CURRENT); AssignBackgroundColor(if percentFrom > minimumValue and percentFrom < maximumValue then Color.GREEN else Color.CURRENT);

I included user inputs for min/max values so the rest of our viewers can use this for their own preferences.

And while I was working this I realized the percentFrom variable is not computed correctly. That line of code should be as follows:

plot percentFrom = 100 * (close / maOne – 1);

But changing this would also require you to update the min/max value inputs to account for the adjusted value. I am providing this correction for the benefit of those who come across this post at a later date. And I will updated the solution in the original post as well.