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SMT

by Swiftedge ◆ FOUNDER · Swiftedge Plus
◆ Swiftedge PlusBuilt into Depth
SMT on the live order book chart in Swiftedge Depth

What it shows

Smart money divergence against the correlated market (Bitcoin and Ethereum, gold and silver, US 500 and US 100), with the correlated market drawn on the chart and the real CVD of both at every divergence.

How to read it

A divergence is marked when one market makes a new high or low over the last 20 candles and the correlated market does not, for example Bitcoin against Ethereum or gold against silver. The correlated market is drawn on the chart, with the real CVD of both at every divergence.

What it can't tell you

Correlated markets diverge often for ordinary reasons. A divergence is context, not timing.

Settings in Depth

The defaults; every setting can be changed with the gear next to the indicator.

Divergence
Swing window20 bars
SMT markson
Gray out an SMT when its level breakson
Correlated market
Draw the correlated market on the charton
Real data
Real CVD of both markets at every SMTon

FAQ

Which pairs are compared?

Bitcoin and Ethereum, gold and silver, US 500 and US 100.

What is a smart money divergence?

One market makes a new high or low while its correlated market does not.

Can I change the swing window?

Yes: 10, 20 or 40 bars.

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