PROTECTED SOURCE SCRIPT
SMT Divergence [Dova Lazarus]
Title: SMT
Description:
The SMT (Smart Money Technique) indicator is designed to help traders identify potential divergences between correlated assets, a key concept used in smart money trading strategies. It compares price action across two or more instruments to reveal hidden strength or weakness that may not be visible on a single chart.
Key Features:
Custom asset selection: Compare your main chart with any other TradingView symbol (e.g., BTC/USD vs. ETH/USD).
Real-time SMT divergence detection: Highlights potential bullish or bearish divergences when one asset makes a higher high/lower low while the other does not.
Visual markers: Plots intuitive visual cues directly on the chart to signal divergence.
Configurable timeframes: Use on any timeframe for both intraday and swing trading setups.
How to Use:
Select your base symbol (e.g., BTCUSD) on the chart.
In the indicator settings, choose a comparison symbol (e.g., ETHUSD).
Look for divergence signals:
Bearish SMT Divergence: Base symbol makes a higher high, comparison symbol fails to make a higher high → possible sell signal.
Bullish SMT Divergence: Base symbol makes a lower low, comparison symbol fails to make a lower low → possible buy signal.
This tool is ideal for traders following ICT (Inner Circle Trader) concepts or anyone interested in identifying smart money manipulation and market inefficiencies.
Description:
The SMT (Smart Money Technique) indicator is designed to help traders identify potential divergences between correlated assets, a key concept used in smart money trading strategies. It compares price action across two or more instruments to reveal hidden strength or weakness that may not be visible on a single chart.
Key Features:
Custom asset selection: Compare your main chart with any other TradingView symbol (e.g., BTC/USD vs. ETH/USD).
Real-time SMT divergence detection: Highlights potential bullish or bearish divergences when one asset makes a higher high/lower low while the other does not.
Visual markers: Plots intuitive visual cues directly on the chart to signal divergence.
Configurable timeframes: Use on any timeframe for both intraday and swing trading setups.
How to Use:
Select your base symbol (e.g., BTCUSD) on the chart.
In the indicator settings, choose a comparison symbol (e.g., ETHUSD).
Look for divergence signals:
Bearish SMT Divergence: Base symbol makes a higher high, comparison symbol fails to make a higher high → possible sell signal.
Bullish SMT Divergence: Base symbol makes a lower low, comparison symbol fails to make a lower low → possible buy signal.
This tool is ideal for traders following ICT (Inner Circle Trader) concepts or anyone interested in identifying smart money manipulation and market inefficiencies.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.