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.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.