SMT Divergence Indices Indicator (ICT) for MT5 Download – Free – [TFlab]

The SMT Divergence Indices ICT indicator is one of the indicators in the ICT MetaTrader 5 style, allowing traders to identify three types of divergences across three key financial market indices.

This indicator can detect trendline divergence, higher-low divergences, and smart money divergence.

Designed for three indices: Dow Jones (DJI), NASDAQ, and S&P 500, traders can use it to spot critical divergence levels and enhance their trading decisions.

This tool enables analysts to uncover hidden market trends and determine optimal entry and exit points based on specialized analysis.

SMT Divergence Indices Indicator Overview Table

The table below provides the general specifications for the SMT Divergence Indices Indicator (ICT):

Trend Line Divergence

In the charts below, the Dow Jones, NASDAQ, and S&P 500 indices show how the SMT Divergence Indices Indicator identifies a trend line divergence. In the Dow Jones and S&P 500 symbols, a downtrend line is identified, while in the NASDAQ, an uptrend line is detected.

This divergence indicates a potential change in market trend, with price starting to form higher highs and initiating an uptrend after the divergence is identified.

High Divergence in a Downtrend

In the charts below, the Dow Jones, NASDAQ, and S&P 500 symbols show how traders using the SMT Divergence Indices Indicator can detect high-low divergences and make more accurate chart analysis based on this specialized tool.

Indicator Settings for SMT Divergence Indices

The settings for the SMT Divergence Indices Indicator (ICT) are listed below:

Symbols

• First symbol: Settings for the first symbol;
• Second symbol: Settings for the second symbol;
• Third symbol: Settings for the third symbol.

Divergence

• Finding the trend divergence: Show/Hide trend line divergence settings;
• Max Distance Between Two Swing Points: Maximum number of swings between two points;
• Finding the High/Low Divergence: Show/Hide high-low divergence settings;
• Finding the Pushed Symbol: Show/Hide SMT settings.

Conclusion

The SMT Divergence Indices ICT is one of the MetaTrader 5 indicators. This tool allows ICT traders to identify divergences, enabling them to easily spot divergences on three symbols and identify optimal entry and exit points.