Detector SMT Divergences

SMT Divergences · SMT Divergences Detector

What it is and what it is used for

SMT Divergences is a Smart Money Technique (SMT) divergence detector that compares the asset you are trading with a comparative index (by default, the DXY).
Its purpose is to help you identify potential reversals or continuations when price action shows a misalignment versus the comparative index, which often appears near key areas such as liquidity zones or range extremes.

In practical terms, the indicator:

Detects bearish divergences (marked as -SMT) when the chart price and the comparative index are not confirming the same momentum.

Detects bullish divergences (marked as +SMT) when the opposite situation occurs.

Draws a line connecting the key points and, if enabled, displays a +SMT / -SMT label.