This indicator checks for equal highs/lows using the previous three pivots at any given time. This is helpful for identifying where liquidity lies and where a likely sweep/SFP may occur.
You can choose the bar size for the pivots to check for in order to detect desirable levels as well as adjust the acceptable deviation for near-equal highs/lows.
By default, the settings are ideal for BTC in the 5-15m charts. Deviation would need to be set in the decimals for lower-priced symbols and experimentation is recommended.
You can choose the bar size for the pivots to check for in order to detect desirable levels as well as adjust the acceptable deviation for near-equal highs/lows.
By default, the settings are ideal for BTC in the 5-15m charts. Deviation would need to be set in the decimals for lower-priced symbols and experimentation is recommended.
Notas de Lançamento:
- Updated script to avoid redrawing levels
- Replaced "tracking" with labels
- Added option to check for equal highs/lows on consecutive candles
- Replaced "tracking" with labels
- Added option to check for equal highs/lows on consecutive candles
Notas de Lançamento:
Added ability to change eqh/l colors
Notas de Lançamento:
This script has been completely redone to reduce complexity. Now checks for equal highs/low, plots, and removes them if future prices exceed them.
Notas de Lançamento:
Added symbol to eqh/ls to represent liquidity
Notas de Lançamento:
This indicator should now work with all symbols - feel free to provide feedback if there are any issues
Notas de Lançamento:
- Reduced number of lines (previously 500 and now 15)
- Added option to adjust sensitivity on equal highs/lows
- Added option to adjust sensitivity on equal highs/lows
Notas de Lançamento:
Added alerts
Notas de Lançamento:
- Added tooltip for indicator sensitivity input
- Removed liquidity label/text color from inputs
- Removed liquidity label/text color from inputs
Notas de Lançamento:
Added input for max lines
Notas de Lançamento:
- Updated input grouping
- Added alerts options if you exclusively want equal highs or lows
- Added alerts options if you exclusively want equal highs or lows
Notas de Lançamento:
Shows equal highs and lows which usually indicates a large amount of liquidity beyond them. This information can guide decisions when price sweeps these areas then reverses direction (SFPs). In addition, these areas may indicate a potential break up/down as price fails to hold beneath/above.
Improvements include:
- New codebase to detect equal lows/highs
- Shows historical areas for easier backtesting
- Granular input for sensitivity based on timeframe
Improvements include:
- New codebase to detect equal lows/highs
- Shows historical areas for easier backtesting
- Granular input for sensitivity based on timeframe
Notas de Lançamento:
Added the option for symbols in addition to the usual lines
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