OPEN-SOURCE SCRIPT

FOR CRT SMT – 4 CANDLE

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FOR CRT SMT – 4 CANDLE Indicator

This indicator detects SMT (Smart Money Technique) divergence by comparing the last 4 candle highs and lows of two different assets.
Originally designed for BTC–ETH comparison, but it works on any market, including Forex pairs.

You can open EURUSD on the chart and select GBPUSD from the settings, and the indicator will detect SMT divergence between EUR and GBP the same way it does between BTC and ETH. This makes it useful for analyzing correlated markets across crypto, forex, and more.

🔴 Upper SMT (Bearish Divergence – Red)

Occurs when:

The main chart asset makes a higher high,

The comparison asset makes a lower high.
This may signal a liquidity grab and potential reversal.

🟢 Lower SMT (Bullish Divergence – Green)

Occurs when:

The main chart asset makes a lower low,

The comparison asset makes a higher low.
This may indicate the market is sweeping liquidity before reversing upward.

📌 Features

Uses the last 4 candles of both assets.

Automatically draws divergence lines.

Shows clear “SMT ↑” or “SMT ↓” labels.

Works on Crypto, Forex, and all correlated assets.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.