The SMT Divergence ICT 02 Indicator is a TradingView tool designed for traders following the ICT (Inner Circle Trader) methodology. This powerful indicator helps identify Smart Money divergences between price and related instruments, offering precise signals for potential trend reversals and high-probability trade setups.
You can access the Indicator from this link:
https://tradingfinder.com/products/i...rgence-ict-02/
You can access the Indicator on the TradingView website:
https://tradingview.com/script/a8BJG...Technique-SMC/
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How It Works
The indicator detects SMT (Smart Money Technique) divergences, highlighting when price action deviates from correlated assets or instruments. These divergences often indicate hidden market imbalances, providing traders with an early warning for reversal or continuation trades.
Key Signals:
You can access the Indicator from this link:
https://tradingfinder.com/products/i...rgence-ict-02/
You can access the Indicator on the TradingView website:
https://tradingview.com/script/a8BJG...Technique-SMC/
Prop Firm DrawDown Protector : Prop Firm Capital Protection Expert MT5 |Forex Money Management: Forex Trade Management Expert MT5 | ICT Concepts Indicator MT5 |Smart Money Concepts Expert MT5 | Smart Money Trap Scanner | Get a free Expert Advisor license via Telegram and WhatsApp
How It Works
The indicator detects SMT (Smart Money Technique) divergences, highlighting when price action deviates from correlated assets or instruments. These divergences often indicate hidden market imbalances, providing traders with an early warning for reversal or continuation trades.
Key Signals:
- Bullish Divergence: Price makes a lower low while the correlated instrument makes a higher low → potential upward reversal.
- Bearish Divergence: Price makes a higher high while the correlated instrument makes a lower high → potential downward reversal.
Key Features
- Detects SMT divergences across multiple timeframes.
- Works on Forex, Crypto, Stocks, and Indices.
- Provides visual alerts for divergence signals.
- Helps traders anticipate trend reversals and market manipulations.
- Compatible with intraday, day trading, and swing trading strategies.
Example Usage
Bullish Signal – EUR/USD 15m:
Price forms a lower low while GBP/USD shows a higher low → SMT divergence triggers a potential buying opportunity.
Bearish Signal – BTC/USD 1h:
Price creates a higher high, but ETH/USD forms a lower high → divergence indicates a possible sell setup.
Settings & Customization
- Timeframe Selection: Adjust detection for preferred chart intervals.
- Alert Settings: Enable pop-ups or notifications for active divergences.
- Visual Customization: Change colors and styles for bullish and bearish divergence markers.
Conclusion
The SMT Divergence ICT 02 Indicator is a free TradingView tool that empowers traders to spot hidden Smart Money signals, identify potential reversals, and make informed decisions aligned with ICT concepts. Ideal for traders aiming to combine price action with institutional market analysis.