You can download it from this link:
https://cdn.tradingfinder.com/file/2...4-by-tflab.zip
You can also access the MetaTrader 5 version of this indicator through this page:
https://www.cryptocraft.com/thread/1...ey-correlation
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
- Category: ICT - Smart Money - Liquidity
- Platform: MetaTrader 4
- Skill Level: Advanced (ICT Knowledge Required)
- Indicator Type: Reversal & Continuation
- Timeframe: Multi-Timeframe (M15-H4 Recommended)
- Trading Style: Intraday & Swing Trading
- Markets: Crypto, Stocks (DJI, SP500, ND100), Indices
Bullish Divergence (Hidden Strength)
Example: DJI & SP500 vs. ND100 (1H Chart)
- DJI & SP500 make lower lows, while ND100 holds equal lows (showing relative strength).
- The indicator plots divergence lines, signaling a potential bullish reversal in ND100.
Best Use: Identifies accumulation zones where Smart Money is buying despite weak price action in related assets.
Bearish Divergence (Weakness Ahead)
Example: DJI & SP500 vs. ND100 (1H Chart)
- DJI & SP500 form higher highs, but ND100 makes lower highs (showing weakness).
- The indicator highlights divergence, warning of a possible bearish reversal in ND100.
Best Use: Spots distribution phases where institutions are selling into strength.
Customizable Settings
- Symbol Selection: Compare 3 assets (e.g., DJI, SP500, ND100).
- Pushed Symbol Detection: Automatically identifies the weakest/strongest asset.
- Divergence Sensitivity: Adjusts for swing point accuracy.
- Visual Alerts: Clear divergence lines for easy interpretation.
Why This Indicator Stands Out
Smart Money Alignment: Detects institutional buying/selling via intermarket divergences.
Multi-Asset Confirmation: Works across stocks, indices, and forex pairs.
Early Warning System: Spots hidden divergences before major reversals.
Ideal For: Traders using ICT concepts who need confirmation from correlated markets.
Pro Tips for Best Results
Combine with Liquidity Zones: Use FVG/Order Blocks for stronger signals.
Focus on Higher Timeframes (H1-H4): Reduces noise and false signals.
Watch for Confluence: Divergence + Break of Structure (BOS) = High-Probability Trade.
Final Verdict
The Hidden SMT Divergence Indicator is a powerful MT4 tool for traders who understand intermarket analysis. By comparing three correlated assets, it provides early reversal signals based on Smart Money activity.