SMT Divergence is an indicator designed to identify high-probability market reversal zones by detecting Smart Money Technique (SMT) divergences in real time between correlated trading pairs. It automatically detects and loads correlated pairs for the current symbol without requiring configuration, supporting over 30 pre-configured pairs across Forex majors, precious metals, stock indices, and cryptocurrencies.
The indicator monitors price structures to identify divergences where one asset’s price movement does not confirm that of its correlated pair, signaling potential smart money positioning and upcoming reversals. It features dual detection modes for bearish (sell) and bullish (buy) SMT divergences, with customizable swing detection parameters such as lookback period and minimum bars between swings. Users can manually specify correlated symbols for custom strategies or exotic pairs.
Visual elements include trend lines connecting swing points, directional arrows marking entry zones, color-coded signals, and optional detailed labels showing signal type and price structure. The interface is designed to be clean and non-intrusive, with smart label placement and full customization options. SMT Divergence processes every bar close for real-time monitoring, providing immediate visual alerts and console logging for trade review. It supports symbol normalization to accommodate different broker naming conventions.