SMT Divergence Signals MT4
- Indicatori
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Mattia Marco Platania
At MetaCoderStore, our goal is to build practical, clean, and reliable MetaTrader indicators that traders can actually use in live chart work. We focus on clear visual tools, useful inputs, and MT4/MT5 versions wherever possible. - Versione: 1.0
- Attivazioni: 10
Paid release: SMT Divergence Signals MT4 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.
SMT Divergence Signals compares the active chart against a correlated comparison symbol and marks intermarket divergence when one market sweeps a swing high or low while the peer fails to confirm.
Use cases
- Spot potential Smart Money Technique divergence between correlated FX pairs, metals, or index CFDs.
- Filter liquidity sweeps by checking whether the comparison market confirms or refuses the sweep.
- Feed bull/bear divergence events into an EA through a simple signal buffer.
What it shows
- Bull SMT arrows when the chart symbol makes a lower swing low but the comparison symbol holds above its prior swing low.
- Bear SMT arrows when the chart symbol makes a higher swing high but the comparison symbol holds below its prior swing high.
- Primary momentum, peer momentum, and the SMT spread in a separate window.
Main features
- Configurable comparison symbol, swing strength, momentum window, tolerance, and minimum signal spacing.
- Optional dashboard, popup alerts, and push notifications.
- EA-readable signal buffer: 1 for bullish SMT, -1 for bearish SMT, 0 otherwise.
Basic use
- Attach the indicator to the symbol you want to trade.
- Set ComparisonSymbol to a correlated market available in Market Watch, for example GBPUSD for EURUSD.
- Wait for a swing sweep on the chart symbol while the peer does not confirm.
- Use the SMT signal with your market structure, session, and risk rules.
Inputs: MaxCalculatedBars, ComparisonSymbol, SwingStrength, MomentumWindow, DivergenceTolerancePts, MinSignalDistanceBars, ShowDashboard, EnablePopupAlerts, EnablePushNotifications, BullSignalColor, BearSignalColor, PrimaryLineColor, PeerLineColor.
Buffers for EA integration: 0 Bull SMT arrow, 1 Bear SMT arrow, 2 Primary Momentum, 3 Peer Momentum, 4 SMT Spread, 5 Signal where 1 = bullish SMT, -1 = bearish SMT, 0 = no signal.
Risk note: SMT divergence is a context tool, not a complete trading system. Correlations can break, broker symbols differ, and all signals should be confirmed with your own plan and risk controls.
