PROTECTED SOURCE SCRIPT
Equal High Low Detector v2.0
✅ Equal High Low Detector – Description
This script detects and visualizes Equal Highs (EQH) and Equal Lows (EQL) using multiple user-defined pivot lengths. The indicator compares swing highs and lows based on ATR-based tolerance, identifying price levels that may represent liquidity zones, potential reversals, or breakout traps.
🔹 Uses ATR × tolerance to determine "equal" zones
🔹 Plots dynamic lines and labels for EQH/EQL zones
🔹 Automatically deletes older lines to reduce clutter
🔹 Useful for identifying areas of liquidity, stop hunts, or fakeouts
How it works:
For each active pivot setting, the script checks if the current pivot high/low is within a customizable range (using ATR) of the previous one. If they match within that threshold, it draws a line between the two points and marks the midpoint with a label.
This tool is especially helpful for traders focusing on liquidity engineering, market structure, and price action based strategies.
This script detects and visualizes Equal Highs (EQH) and Equal Lows (EQL) using multiple user-defined pivot lengths. The indicator compares swing highs and lows based on ATR-based tolerance, identifying price levels that may represent liquidity zones, potential reversals, or breakout traps.
🔹 Uses ATR × tolerance to determine "equal" zones
🔹 Plots dynamic lines and labels for EQH/EQL zones
🔹 Automatically deletes older lines to reduce clutter
🔹 Useful for identifying areas of liquidity, stop hunts, or fakeouts
How it works:
For each active pivot setting, the script checks if the current pivot high/low is within a customizable range (using ATR) of the previous one. If they match within that threshold, it draws a line between the two points and marks the midpoint with a label.
This tool is especially helpful for traders focusing on liquidity engineering, market structure, and price action based strategies.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。