SMT Divergence x outofoptions

🔍 SMT Divergence — Advanced Market Correlation Analysis

This was created with and approved by outofoptions to bring you smaller SMTs based on his original SMT Divergence indicator

SMT Divergence is a sophisticated technical analysis indicator designed to identify high-probability reversal and continuation signals through intelligent correlation analysis between related markets. This powerful tool reveals hidden market dynamics by comparing price action divergences across correlated instruments, providing traders with institutional-level market insight.

🎯 Core Capabilities:

• Multi-Market Analysis: Automatically compares your chart with a correlated instrument to identify divergence patterns and market inefficiencies
  
• Smart Liquidity Detection: Advanced algorithms identify key liquidity levels and sweep patterns for enhanced signal accuracy
  
• Dynamic Divergence Mapping: Real-time visualization of bullish and bearish divergences with customizable line styles and colors
  
• Intelligent Signal Validation: Optional candle-based confirmation system to filter high-probability setups from noise
  
• Automated Line Management: Smart removal of invalidated divergences to maintain clean, actionable chart analysis
  

📊 Professional Features:
The SMT Divergence indicator excels at revealing market structure imbalances that often precede significant price movements. By analyzing the relationship between correlated markets, it identifies when institutional money may be positioned differently than retail sentiment suggests, providing early warning signals for potential reversals.

⚙️ Advanced Customization:

• Flexible correlation pair selection for any market combination
  
• Customizable visual styling with multiple line types and color schemes
  
• Adjustable validation criteria for different trading styles
  
• Professional alert system with detailed message customization
  
• Automatic cleanup of broken or invalidated divergences
  

🎨 Visual Excellence:

• Clean, professional line drawing with customizable styling
  
• Dynamic labeling system with size and color options
  
• Real-time divergence tracking and management
  
• Institutional-grade chart presentation
  
• Optimized performance for extended analysis periods
  

📈 Ideal For:

• Swing traders seeking high-probability reversal signals
  
• Multi-market analysts comparing correlated instruments
  
• Institutional-style traders using correlation analysis
  
• Advanced technical analysts studying market structure
  
• Those seeking early warning signals for trend changes
  

🔔 Smart Alerts:
Comprehensive alert system with customizable messaging allows you to stay informed of new divergences across multiple timeframes and market sessions, ensuring you never miss critical market developments.

💡 Market Intelligence:
SMT Divergence transforms complex inter-market relationships into clear, actionable signals, giving you the same analytical edge used by professional trading institutions to identify market turning points before they become obvious to retail traders.

Educational Tool: This indicator is designed for educational and analytical purposes. Divergence analysis requires understanding of market correlation principles. Always combine with proper risk management and additional analysis methods.