SMT Divergence Index Indicator (ICT) for MT5 Download – Free – [TFlab] – MetaTrader 5 Resources

The SMT Divergence Index ICT Indicator is one of the indicators in the ICT MetaTrader 5 style that enables traders to identify three types of divergences in three major financial market indexes.

This indicator can detect trendline divergences, high-low divergences, and smart money divergences.

Designed specifically for three indexes: the Dow Jones (DJI) , NASDAQ , and S&P 500 , traders can use it to discover key divergence levels and enhance their trading decisions.

This tool enables analysts to uncover hidden market trends and determine the best entry and exit points based on professional analysis.

SMT Divergence Index Indicator Overview Table

The table below provides general specifications for the SMT Divergence Index Indicator (ICT).

trendline divergence

In the chart below, the Dow Jones , NASDAQ , and S&P 500 indices show how the SMT Divergence Index indicator identifies a trendline divergence . In the Dow Jones and S&P 500 symbols, a downtrend line is identified, while in the NASDAQ , an uptrend line is detected.

This divergence indicates that the market trend may be changing and the price begins to form higher highs and begins to rise uptrend after identifying the divergence.

High divergence in downtrend

In the chart below, Dow Jones , NASDAQ , and S&P 500 symbols show how ICT stil traders using the SMT Divergence Index indicator can detect high and low divergences and perform more accurate chart analysis based on this professional tool.

Indicator settings for SMT Divergence Index

Set for SMT Divergence Index Indicators (ICT) are listed below:

Symbols

• First symbol: the setting of the first symbol;
• Second symbol: the setting of the second symbol;
• Third Symbol: Settings for the third symbol.

Divergence

• Find trend divergence: show/hide trend line divergence settings;
• Max Distance Between Two Swing Point: The maximum number of swings between two points;
• Find high/low divergence: Show/hide high and low divergence settings;
• Find Push Symbol: Show/hide SMT settings.

Conclusion

The SMT Divergence Index ICT is one of the MetaTrader 5 indicator . This Smart Money tool allows ICT traders to identify divergences, allowing them to easily spot differences across three trading symbols and determine the best entry and exit points.