ICT Correlation SMT Divergence Honest Stats MT4
- Indicators
- Version: 1.2
- Updated: 16 October 2026
Most SMT indicators mark the divergences. This one also checks whether they work.
ICT Correlation SMT Divergence Honest Stats compares your chart with a related market (gold with silver, EURUSD with GBPUSD, BTC with ETH, US500 with US100) and marks every SMT divergence. A table measures on your own chart whether price turned after an SMT more often than after a normal new high or low. Free, part of the Honest Stats series.
MT5 version | ICT Killzones Honest Stats MT4 (free) | ICT FVG Honest Stats MT4 (free) | ICT Liquidity Levels Honest Stats MT4 (free) | TrueRisk Trade Panel MT4 (free) | TrueRisk Account Guard MT4 (daily loss limit)
NEW: every ICT idea in one indicator -> ICT Pro All in One Honest Stats (9-factor confluence score, alerts and a multi-symbol scanner)
NEW: market structure with BOS / CHoCH alerts -> ICT Market Structure Honest Stats (gold H4: bullish CHoCH 59% vs 50% from random bars)
NEW: order blocks with alerts and higher-timeframe blocks -> ICT Order Blocks Honest Stats (same honest stats table)
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What it draws
- Red arrow above a bar: bearish SMT. One of the two markets made a new 20-bar high and the other did not
- Blue arrow below a bar: bullish SMT, the same at the lows
- Hover over an arrow to see which market made the new high or low and which one didn't
- The second market is picked automatically for common pairs: gold and silver, EURUSD and GBPUSD, AUDUSD and NZDUSD, BTCUSD and ETHUSD, US500 and US100, US30 and US500 (with your broker's names and suffix). Type any other symbol in the inputs
The honest stats table
- Signals: how many times each case happened on the loaded history (a repeat within 5 bars counts once)
- Turned: how often price was lower 6 bars later after a high, or higher after a low
- Average move: the average change of price over those 6 bars
The rows "Both made a new high" and "Both made a new low" are the comparison: normal breakouts, where both markets agreed. If SMT works, price must turn after an SMT more often than after a normal breakout. When an SMT beats the normal breakouts by more than luck alone could produce (95% range), a green line under the table says so.
Why the comparison matters
After any new high, price falls about half of the time over the next few bars. The normal breakouts show that base rate, so you see what the divergence adds on top of it.
Test it on your own chart
Every market, timeframe and setting behaves differently. Load your chart and the table shows at once how the setup does on your symbol, your timeframe and your settings - real numbers instead of guesswork.
How to use it
- Works on any symbol and timeframe where the second market has history too
- The first time, the second market's history may take a moment to load; the table updates by itself
- MetaTrader 4 downloads only part of the history at first (often about 2,000 bars). Scroll the chart back (Home key) and raise Tools > Options > Charts > Max bars in chart for more reliable numbers
- Only bars that both markets have are compared, so different trading hours don't distort the test
Limitations
- The stats only cover the history loaded on the chart
- Signals are measured on closed bars; a new high inside the current bar is not marked until the bar closes
- Past behaviour does not guarantee future behaviour. This is a measuring tool, not a trading signal
Inputs
- Second symbol: empty = automatic
- New high/low = beyond the last N bars: default 20
- Ignore repeat signals within N bars: default 5
- Mark signals on the last N bars: default 500
- Colours of bearish and bullish SMT
- Measure the move over the next N bars: default 6
- Show the honest stats table, table corner, font size
Support: if something doesn't work as expected, send me a private message first. I answer every message and fix problems quickly.
If it helped you, a short review in the Reviews tab helps other traders find it and tells me what to improve.
