🔶 Description: The "Equal Highs/Lows " indicator is designed to identify equal highs and lows within price action. These levels are significant as they often indicate potential reversal points or areas of consolidation in the market. The indicator is based on specific settings and utilizes the concept of Average True Range (ATR) to determine thresholds for...
Display Equal high/ low, alert when liquidity is taken.. or created ! An innovation that flows a bit if you are an SMC trader and which was actually missing on TradingView: identification of equal high/low, alerts when liquidity is taken... or created! Its choice in the design means that it gives more importance to the last identified pivots: that is to say that...
A simple indicator that detects if two candles lows or highs are equal. The pattern simply indicates the possibility of a reversal. However, many traders also use the Equal highs/lows within a broader context of market analysis to provide insights for trend traders, especially to detect pullbacks. Equal Highs/Lows are a pattern that can indicate a shift in a...