Video summary

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

Main summary

Key takeaways

Finance

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.

Original video