Smart Money Tech Divergence for Crypto Indicator MT4 Download

The SMT Divergence or Smart Money Technical Divergence indicator in Meta trader4 is designed based on the principles of divergence and smart money.

This indicator identifies divergence when three or more assets, currency pairs, or related indices behave differently. This divergence often indicates a change in the flow of smart money in the market, indicating that a particular trend may be changing or weakening.

Smart Money Technical Divergence Indicator Specification Sheet

Specifications for Smart Money Technology Divergence Cryptocurrency Indicators are shown in the table below:

Indicator Overview

The Smart Money Technical Divergence Cryptocurrency Indicator identifies abnormal market movements by detecting differences between three related assets. Based on this premise, if positively correlated assets such as BTC, ETH, and SOL move in one direction but deviate, this divergence may signal a change in trend or the entry of smart currencies into the market.

Uptrend Conditions

The chart below shows three assets on a 15-minute timeframe: Bitcoin, Ethereum, and Solana (BTC/USD, ETH/USD, SOL/USD). In this case, BTC formed a lower low to $99,084, while ETH did not, forming a higher low to $3,849.

Meanwhile, SOL, like BTC, formed lower lows at $225. This mismatch between underlying assets and ETH’s resistance to selling pressure suggests weakness among Bitcoin sellers and a potential shift in trend from bearish to bullish.

downtrend conditions

The chart below shows the BTC/USD, ETH/USD , and SOL/USD pairings within 5 minutes.

Higher highs on the Bitcoin chart indicate strong buyer pressure. However, the lack of confirmation from related assets ETH and SOL and the failure to form higher highs suggests insufficient market strength to continue the uptrend . This increases the possibility of: bearish trend reversal.

Indicator Settings

The image below illustrates setting up the Smart Money Technical Divergence Cryptocurrency Indicator for optimized use:

• Color theme of charts and objects: Displays the theme and object colors of charts;
• First symbol : select the first symbol;
• Second symbol : select the second symbol;
• Third symbol: select the third symbol;
• Look for trend divergences: identify trend differences;
• The maximum distance between trend divergence swing points: Maximum distance;
• Find high/low divergence: identify high/low differences;
• Find pushed symbols: Identify stressed symbols.

Conclusion

The SMT Divergence Indicator is designed to identify divergences between important cryptocurrencies such as BTC, ETH, and SOL, helping traders identify the best entry or exit points. The Meta Trader4 Smart Currency Indicator analyzes correlations between cryptocurrencies to detect positive and negative divergences and is used to determine the flow of smart currencies.