Summary of 🔺Smart Money Technique Divergence for Crypto Indicator MT4/5 📥Download free -TFLab
The video presents the Smart Money Technique (SMT) Divergence indicator designed for cryptocurrency trading on MetaTrader 4 and MetaTrader 5 platforms. This tool helps traders identify profitable bullish and bearish divergences as well as breakout points by analyzing price swings and liquidity levels across multiple crypto symbols simultaneously.
Main Financial Strategies and Market Analyses:
- Divergence Identification: The indicator detects different types of divergences by comparing price swings between selected crypto symbols (e.g., BTCUSD, Ethereum, Solana). Divergences signal potential trend reversals or continuation points.
- Liquidity Level Analysis: The third divergence mode focuses on liquidity, measuring past volatility and identifying liquidity levels that, when broken or consumed, indicate strong price movements.
- Multi-Symbol Comparison: Users can analyze divergences across up to three symbols simultaneously, which helps in confirming trends or spotting discrepancies that smart money traders use.
- Trend Confirmation: By comparing higher highs or lower lows between symbols, the indicator assists in confirming bullish or bearish trends.
Methodology / Step-by-Step Guide to Using the Indicator:
- Download the indicator from the Trading Finder website for MT4 or MT5.
- Load the indicator via the Navigator section by dragging it onto the desired crypto chart.
- Enable “Allow DLL Imports” in the common settings before confirming.
- Select your primary symbol (e.g., BTCUSD) and ensure the chart matches this symbol before running the indicator.
- Configure display settings:
- Choose between dark mode, light mode, or auto candle color templates.
- Input the symbols you want to analyze (up to three).
- Choose one of three divergence modes:
- First Divergence Mode: Identifies divergences based on swing highs and lows between symbols.
- Second Divergence Mode: Examines divergences involving two-candle patterns, allowing adjustment of the maximum swing distance.
- Third Divergence Mode: Focuses on liquidity levels and volatility to spot breakout or reversal points.
- Adjust settings such as swing distance to refine divergence detection.
- Observe divergences and liquidity breakouts on the chart for trading decisions.
Business Trends:
- Increasing use of smart money concepts and multi-symbol divergence analysis in crypto trading.
- Integration of automated technical indicators to simplify complex market analysis for retail traders.
- Emphasis on liquidity analysis as a key factor in predicting price movements.
Presenters / Sources:
- The tutorial is presented by TFLab, the developers of the Smart Money Technique Divergence indicator, featured on the Trading Finder website.
Notable Quotes
— 00:06 — « The smart money technique Divergence indicator for crypto is available for various platforms on the trading finder website. »
— 01:01 — « Smoothy Divergence for crypto indicator is a handy tool suitable for identifying profitable divergences and bearish divergences on crypto symbols. »
— 03:07 — « In the divergences section there are three Divergence modes available and by default the third mode is active. »
— 05:36 — « The Divergence is a two candle pattern that is similar to the first type of Divergence but with the difference that it examines two candles together. »
— 07:02 — « Divergence is a measure of liquidity that examines past volatility and displays it on a chart. »
Category
Business and Finance