OPEN-SOURCE SCRIPT
Edo EMA Core Cross

Edo EMA Core Cross
Edo EMA Core Cross is a clean and minimal open-source indicator designed to highlight key EMA crossover events directly on the price chart.
Its purpose is simple: show structural shifts in market momentum through the interaction of exponential moving averages, without adding unnecessary visual noise.
The indicator monitors three essential crossover structures:
EMA 9 / EMA 20
EMA 20 / EMA 50
EMA 50 / EMA 200
The shorter-term crosses (9/20 and 20/50) reflect changes in short-term momentum and acceleration.
The 50/200 cross represents a major structural shift in long-term direction and is visually differentiated due to its macro importance.
Conceptually, exponential moving averages act as dynamic equilibrium levels. When a faster EMA crosses above a slower EMA, it indicates increasing bullish pressure. When it crosses below, it indicates increasing bearish pressure.
This tool does not attempt to predict price. It visualizes transitions that are already occurring, allowing traders to align with structural changes rather than anticipate them blindly.
Edo EMA Core Cross is especially useful for:
Trend confirmation
Momentum validation
Macro bias alignment
Systematic rule building
Backtesting crossover-based strategies
Because it is intentionally lightweight, it integrates cleanly with price action, support and resistance analysis, volume tools, or higher timeframe bias models.
This script is fully open-source.
The complete code is publicly available for study, modification, and integration into custom strategies.
No hidden calculations. No black-box logic.
Designed for traders who value structural clarity over visual complexity.
Edo EMA Core Cross is a clean and minimal open-source indicator designed to highlight key EMA crossover events directly on the price chart.
Its purpose is simple: show structural shifts in market momentum through the interaction of exponential moving averages, without adding unnecessary visual noise.
The indicator monitors three essential crossover structures:
EMA 9 / EMA 20
EMA 20 / EMA 50
EMA 50 / EMA 200
The shorter-term crosses (9/20 and 20/50) reflect changes in short-term momentum and acceleration.
The 50/200 cross represents a major structural shift in long-term direction and is visually differentiated due to its macro importance.
Conceptually, exponential moving averages act as dynamic equilibrium levels. When a faster EMA crosses above a slower EMA, it indicates increasing bullish pressure. When it crosses below, it indicates increasing bearish pressure.
This tool does not attempt to predict price. It visualizes transitions that are already occurring, allowing traders to align with structural changes rather than anticipate them blindly.
Edo EMA Core Cross is especially useful for:
Trend confirmation
Momentum validation
Macro bias alignment
Systematic rule building
Backtesting crossover-based strategies
Because it is intentionally lightweight, it integrates cleanly with price action, support and resistance analysis, volume tools, or higher timeframe bias models.
This script is fully open-source.
The complete code is publicly available for study, modification, and integration into custom strategies.
No hidden calculations. No black-box logic.
Designed for traders who value structural clarity over visual complexity.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
EdoLab Markets – Precision Trading Tools
Get Exclusive Indicators:
edolab.io
All content provided is for informational and educational purposes only. Past performance does not guarantee future results.
Get Exclusive Indicators:
edolab.io
All content provided is for informational and educational purposes only. Past performance does not guarantee future results.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
EdoLab Markets – Precision Trading Tools
Get Exclusive Indicators:
edolab.io
All content provided is for informational and educational purposes only. Past performance does not guarantee future results.
Get Exclusive Indicators:
edolab.io
All content provided is for informational and educational purposes only. Past performance does not guarantee future results.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.