Feature Request – Add SMT / Multi-Asset Divergence Indicator to ATAS

To the ATAS Development Team,

First – thank you for building what is arguably the most powerful order flow and volume analysis platform available today. With over 240 indicators covering everything from Delta and CVD to Market Profile and Cluster Search, ATAS has become an indispensable tool for serious traders who want to see what the market is actually doing, not just what price is showing.

However, there is one critical tool missing from the lineup: an SMT (Smart Money Technique) divergence indicator that compares two or more correlated assets and visually marks divergences between them.

What SMT Divergence Is and Why It Matters

SMT divergence is an intermarket analysis concept that identifies when two normally correlated instruments (like NQ and ES, or Gold and DXY) fail to confirm each other's price action. The classic signal occurs when one asset sweeps a liquidity level – making a new high or low – while the correlated asset fails to confirm that move. This "disagreement" between markets is often a footprint of smart money manipulation and frequently precedes reversals.

For example:

· NQ makes a higher high, but ES makes a lower high → Bearish SMT divergence · NQ makes a lower low, but ES makes a higher low → Bullish SMT divergence

Traders use SMT divergence to time entries around liquidity sweeps, spot false breakouts, and confirm reversals with more precision than a single chart allows.

The Current Gap in ATAS

ATAS currently has a Delta Divergence widget that compares price direction with delta – and that's useful. But it's internal divergence (price vs. volume/delta). What's missing is external or intermarket divergence – comparing one asset against another.

Multiple platforms already offer this:

· TradingView has numerous SMT divergence scripts that compare a chart symbol against up to two external tickers, drawing lines and labels directly between pivots · TrendSpider offers SMT Divergence as a comparative market structure indicator · MetaTrader 5 has multiple SMT divergence indicators for correlated instruments

ATAS – with its institutional-grade data and C# API – is uniquely positioned to build an even better version.

Proposed Feature: SMT / Multi-Asset Divergence Indicator

Here's what an ideal implementation could look like:

Core Functionality:

· Compare the primary chart symbol against one or two user-defined comparison symbols (e.g., NQ vs ES, or NQ vs ES vs YM) · Detect swing highs and lows using pivot-based logic on all symbols · When one asset makes a new extreme and the other fails to confirm, draw a connecting line between the two pivot points directly on the chart · Label each divergence clearly (e.g., "Bullish SMT" or "Bearish SMT")

Advanced Features (ATAS could lead here):

· Multi-asset support – compare across equities (NQ/ES/YM), metals (Gold/Silver/DXY), forex (EUR/GBP/DXY), and crypto (BTC/ETH/SOL) · Futures/spot awareness – when on a futures chart, route comparisons to futures contracts to avoid false signals from spot vs. regulated price differences · Inversion toggle – for inversely correlated pairs like DXY vs. Gold · Sweep mode – only trigger signals when the primary asset actually sweeps a previous swing level that the comparison fails to take, matching ICT's definition of SMT and significantly reducing noise · Micro/macro tier detection – run two detection engines simultaneously: one for structural swings and one for shorter-duration deviations · Real-time detection – fire on pivot formation without waiting for full right-side bar confirmation · Alerts – get notified when an SMT divergence forms

Visualization:

· Configurable colors for bullish vs. bearish divergences · Adjustable line width and style (solid, dashed, dotted) · Option to show or hide historical divergences · Detailed tooltips showing divergence type, symbols involved, prices, and timestamps

Why This Belongs in ATAS

1. It Complements ATAS's Existing Strengths

ATAS is already the go-to platform for order flow, volume analysis, and footprint charts. Adding SMT divergence would allow traders to combine volume-based signals with intermarket context – a powerful confluence that most platforms can't offer.

2. It Fills a Real Gap

The "Multiple symbols on the same chart" feature request on ATAS feedback already notes that "a reversal of the market direction often occurs when divergences or deviations are observed" between related markets. An SMT indicator would automate this exact analysis.

3. ATAS Has the Infrastructure

With C# API support for custom indicators, full access to raw exchange data, and a thriving developer community, ATAS is already equipped to build this. The Custom View indicator even demonstrates how to create custom UI elements via XAML. The foundation is there – this is simply the next logical step.

4. It Attracts a Wider User Base

SMT / ICT / Smart Money Concepts have a massive and growing following among retail and institutional traders alike. Adding this indicator would make ATAS more attractive to that entire community, many of whom currently use TradingView or MT5 specifically for SMT detection.

Conclusion

ATAS has built a reputation as the platform that gives traders an unfair advantage through volume and order flow analysis. An SMT / multi-asset divergence indicator would extend that advantage into intermarket analysis – helping traders spot liquidity grabs, false breakouts, and reversals before they happen.

Other platforms have SMT indicators. None of them have ATAS's order flow depth. Imagine combining the two.

I strongly encourage the team to consider adding this feature – whether as a native indicator or through expanded API support that makes building one easier for the community.

Thank you for considering this request.

Upvote if you'd use an SMT / Multi-Asset Divergence indicator in ATAS!