βοΈ The SMT Divergence (ICT) Indicator for MetaTrader 4 is a powerful tool designed for traders who follow Smart Money Concepts (SMC) and ICT methodologies. This indicator identifies divergence between pairs that move in correlation, such as GBPUSD versus EURCAD, or inverse pairs like USDCHF. By highlighting when these pairs deviate from their usual behavior, the indicator provides valuable insight into potential market reversals or continuation zones. Its simple interface, combined with flexible settings, makes it an excellent choice for traders seeking confirmation of bias or entry timing.
This indicator plots dotted lines between swing points of correlated or inverse pairs on the chart. When SMT divergence is detected, colored lines appear: red lines highlight bearish divergence when the direct symbols form lower highs while the inverse symbol fails to confirm, while blue lines signal bullish divergence where the direct pairs make higher lows and the inverse pair disagrees. These signals suggest potential turning points or moments when the market structure might break, allowing traders to refine entries or exits based on divergence logic.
Conclusion
The SMT Divergence (ICT) Indicator is a practical and effective tool for any trader applying Smart Money or ICT concepts. By visualizing divergences between correlated or inverse pairs directly on the chart, it helps confirm or challenge directional bias. With clear customizable signals and easy-to-understand settings, the indicator supports precise decision-making in complex market conditions.
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Simple Forex Tools
Indicator SMT Divergence (ICT) MT4.rar
823.9 KB
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Simple Forex Tools
Indicator New Testing CRYPTO SLAYA for TradingView.rar
4.2 MB
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ONE TRADE EA @simpleforextools.ex4
12.3 KB
ROBOT WILL TAKE ONLY 1 TRADE IN A DAY WITH 100 PIPS FIX SL
INSTALL IT WHEN MARKET IS CLOSE OR SATURDAY SUNDAY
TIME FRAME : 5 MINUTES PAIR : GOLD XAUUSD
WHEN 2 TRADES CONTINUE GETS PROFITS REDUCED YOUR LOT SIZE HALF
WHEN ANY DAY YOU GET LOSS NEXT DAY YOU DOUBLE YOUR LOT SIZE
FOR 1000$ BALANCE LOT SIZE 0.10
2 TRADES PROFITS GIVES HALF YOUR LOT SIZE 0.05
1 TRADE GIVES LOSS DOUBLE YOUR LOT SIZE INCREASE 0.20
INSTALL IT WHEN MARKET IS CLOSE OR SATURDAY SUNDAY
TIME FRAME : 5 MINUTES PAIR : GOLD XAUUSD
WHEN 2 TRADES CONTINUE GETS PROFITS REDUCED YOUR LOT SIZE HALF
WHEN ANY DAY YOU GET LOSS NEXT DAY YOU DOUBLE YOUR LOT SIZE
FOR 1000$ BALANCE LOT SIZE 0.10
2 TRADES PROFITS GIVES HALF YOUR LOT SIZE 0.05
1 TRADE GIVES LOSS DOUBLE YOUR LOT SIZE INCREASE 0.20
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Simple Forex Tools
Indicator MA OSC_X100 for TradingView.rar
4.1 MB
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ERXGen MultiCurrency EA.ex4
286.7 KB
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DREAM CATCHER MT4 v4.0.rar
2.2 MB
trading system
many indicators are with source code. It can be interested for those who need indicators with open code
many indicators are with source code. It can be interested for those who need indicators with open code
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Trend Following EA (Amount Stop Loss).ex4
15.7 KB
πCategory : EA
βΊοΈANY
βΊοΈAny time frame
βΊοΈANY
βΊοΈAny time frame
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Simple Forex Tools
Indicator ADXm nrp 2
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We have chosen to split our algo trading funds into 4 separate accounts at our broker. Each strategy is allocated 25% of our total algo trading funds. Our goal is to produce 36-60% yearly (combined) running the Powerhouse in this way. A very achievable goal since each strategy is capable of producing 2-4% monthly on each account.
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Powerhouse EA MT4 V3.06.rar
1.5 MB
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