Summary of "🎯 SSMT 4 Quarter Divergence Indicator MT4/5 – Free Download [TradingFinder]"

The video presents the SS SMT 4 Quarter Divergence Indicator for MetaTrader 4 and 5, available for free download on the TradingFinder website. This advanced trading tool is designed to help traders identify market divergences across multiple time cycles (quarters) and generate precise buy and sell signals based on price pivots and ICT theory.

Main Financial Strategies and Business Trends:

Methodology / Step-by-Step Guide to Using the Indicator:

  1. Download and Install:
  2. Select Trading Symbol:
    • Enter the exact trading symbol, including any broker-specific suffixes (e.g., GBPUSD suffix).
  3. Configure Cycle Settings:
    • Choose the desired quarter cycle from options: micro (1 min), 9-minute, daily, weekly, monthly, or yearly.
    • Default is weekly, which divides the week into Monday to Thursday quarters (Friday excluded).
  4. Set Correlation Symbol (Optional):
    • Select a second symbol for comparative divergence analysis.
  5. Adjust Zigzag Parameters:
    • Define the calculation period and backstep for zigzag lines to control pivot sensitivity.
    • Higher values detect longer-term pivots; lower values detect short-term pivots.
  6. Enable/Disable Signals and Alerts:
    • Turn on/off SMT bullish (buy) or bearish (sell) signals.
    • Enable alerts for signal generation with options to receive notifications via email or mobile.
    • Set alert validity period (default up to 4 candles after signal).
  7. Set Time Zone:
    • Specify UTC time to align quarter calculations with your broker’s server time.
  8. Customize Display Options:
    • Show/hide cycles, quarter labels, zigzag lines, and pivot labels.
    • Choose colors for zigzag lines.
    • Set the maximum number of candles to analyze (default 500).
  9. Interpret Signals:
    • The indicator identifies divergences by comparing price pivots across quarters.
    • Buy/sell signals are generated when divergence conditions (e.g., higher high vs. lower high) and wick confirmations occur.

Additional Notes:

Presenters / Sources:

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Business and Finance

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