EMA Convergence Estimator

EMA Convergence Estimator is a tool designed to help traders visualize when two key trend EMAs—typically the 50-EMA and 200-EMA—are moving toward or away from each other. By analyzing slope, distance, and rate of convergence, the script estimates how many candles, hours, or days remain until the EMAs potentially touch.

This can be helpful for identifying upcoming trend shifts, tightening market conditions, or periods where momentum may be compressing before a larger move.

🔍 Features

Fast EMA & Slow EMA (default 50 / 200)

EMA distance tracking

Slope-based convergence calculation

Estimated time until EMAs meet in:

📍 Candles

⏱️ Hours

📅 Days

Real-time label panel showing all values

On-chart EMA cross markers

“+” printed directly on bullish EMA crosses

“–” printed directly on bearish EMA crosses

Fully transparent label background so it does not obstruct candles

📈 Use Cases

Identifying when EMAs are tightening (consolidation)

Spotting potential future crossovers earlier than normal indicators

Estimating momentum compression or expansion

Tracking longer-term trend dynamics on any timeframe

⚠️ Notes

The convergence estimate is mathematical, not predictive.
EMAs react to price — they do not forecast it.

Results depend on current slope and can change rapidly as new candles form.

Always use this tool as part of a broader analysis process.

This script is for educational purposes only and does not constitute financial advice.