Hidden SMT Divergence Indicator Download for MT5 – Free – [TFlab] | Forex Indicator Download – MetaTrader 5 Resources

The Hidden SMT Divergence Indicator is designed to identify subtle changes and divergences between three trading instruments (stock indices).

This indicator is based on liquidity and the Smart Currency Trading Strategy . It assesses the power differences between related instruments. Differences between converging assets could signal a potential trend reversal .

Hidden Smart Currency Divergence Indicator Specifications

The following table outlines the SMT divergence indicators hidden by the specifications.

Hidden SMT Divergence Indicator Overview

When an indicator plots a new high or new low for an asset, but the underlying instrument fails to confirm the movement, hidden divergence occurs. This mode can be used in the following two situations: bullish and bearish trends.

Bullish Trend

Analysis of DJI, SP500, and ND100 on a 1-hour chart shows that the Hidden SMT Divergence Indicator successfully detects and plots the differences between these three trading instruments .

According to the chart, both the DJI and SP500 recorded lower lows at the same time, while the ND100 displayed higher lows at that moment, indicating a divergence.

Bearish Trend

Based on one-hour chart data for the DJI, SP500, and ND100 indices, the DJI and SP500 indices formed higher highs at a certain level.

However, in contrast, the ND100 plotted lower highs , indicating a weak bullish potential .

Hidden SMT Divergence Indicator Settings

The chart below represents the adjustable settings of the Hidden Smart Money Divergence indicator :

• First Symbol: Assign the first trading instrument
• Second Symbol: Define the second asset
• Third Symbol: Select the third instrument
• Find pushed symbols: Activate automatic detection of affected assets

Conclusion

Using drawn lines, the Hidden SMT Divergence Indicator detects and plots differences between trading instruments , such as DJI, SP500, and ND100 .

This trading tool highs and lows across three instruments, visually analyzing the differences in their movement. Before using the ICT indicator , it is important to first apply it to the chart of the first symbol .