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Equal Highs and Lows

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Equal Highs & Lows (Extended)

This indicator automatically detects equal highs (EQH) and equal lows (EQL) — price levels where the market has printed matching highs or lows — and marks them with horizontal lines that extend in real time to the current candle. These levels often act as resting liquidity (stop clusters) that price tends to revisit and sweep, making them useful reference points for liquidity-based and Smart Money Concepts (SMC) trading.

How it works
- Each new high is compared against prior highs within the lookback window (and each low against prior lows). When a match is found, a line is drawn connecting the two equal points and is continuously extended to the live candle as new bars form.
- An EQH or EQL label rides the right end of each line, so the level stays clearly marked as it extends.

"When Swept" behavior
Choose what happens once price wicks through a level (a high above an equal high, or a low below an equal low):
- Freeze – the line stops extending at the bar where the sweep occurs, leaving a clean record of where liquidity was taken.
- Keep Extending – the line keeps tracking the current candle even after the sweep.
- Remove – the line and its label are deleted the moment the level is swept, keeping the chart clear of taken liquidity.

Settings
- Lookback Length – how many bars back to search for equal highs/lows.
- Line Color / Width / Style – full control over the appearance of the high and low lines.
- Show EQH/EQL Labels – toggle the level labels on or off.
- When Swept – Freeze, Keep Extending, or Remove (as above).

Notes
Levels are matched at the exact price, so equal highs/lows appear most frequently on instruments that trade to consistent tick values (crypto, indices, futures). This tool is for chart analysis and does not generate buy/sell signals.

NOT FINANCIAL ADVICE OR BUY/SELL SIGNALS
版本注释
-Minimum candle distance apart to show equal high or low
版本注释
-Swing/pivot points only EQH/EQL feature added.

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