Summary of "🔖 Hidden SMT Divergence ICT 01 Indicator to TradingView -free - Tradingfinder"

Summary of Finance-Specific Content

Indicator Overview

Name: SMT Divergence ICT01 (also known as Eden SMT divergence ICT01 indicator)
Platforms: TradingView and other platforms via the Tradingfinder website
Applicable Markets: Commodities, indices, forex, and crypto

Assets Mentioned

Main Asset Example: Silver
Correlated Asset Example: Gold

Concept & Methodology

The SMT Divergence ICT01 indicator is designed to identify SMT divergences (Smart Money Technique divergences) by comparing closing prices between two correlated assets. Key features include:

Detection of hidden pivot points that issue reversal signals, helping to spot potential trend reversals or continuations.
Overlaying a second trading symbol’s price on the main asset’s chart for comparative analysis.

Example Scenario

Silver made a higher high while gold made a lower high, triggering an SMT divergence signal.
This was followed by a short-term correction, suggesting a sell position aligned with the downtrend.
Later, a hidden bullish SMT divergence formed near key technical areas such as support/resistance zones, order blocks, Fair Value Gaps (FVGs), and price reaction areas.
This indicated a potential reversal from downtrend to uptrend, suggesting a possible buy position.

Chart Display Options

Line Mode
Candlestick Mode (preferred for detailed price action analysis)

Settings & Customization

The indicator offers several customizable settings:

Secondary Symbol: Ability to set the correlated asset (default is gold).
Fractal Divergence Setting: Number of candles checked for divergence (default is 2).
- Higher values detect longer-term divergences.
- Lower values detect shorter-term divergences.
Display Options:
- Enable/disable divergence lines at the top and bottom of the chart.
- Enable/disable divergence labels.
- Show/hide input values in the status line.

Trading Strategy Notes

SMT divergences should be used alongside key technical areas such as support/resistance, order blocks, and Fair Value Gaps (FVGs) for making entry decisions.
Signals generated by the indicator can guide buy or sell positions aligned with detected divergences.

Additional Information

No explicit financial advice or disclaimers were mentioned in the source content.

Presenters and Sources

The tutorial and indicator are provided by the Tradingfinder website and available on the TradingView platform.
No individual presenter names were specified.