Equal Highs and Lows

The Equal Highs and Lows indicator is designed to help traders identify key price levels where the market has formed equal highs (EQH) or equal lows (EQL). These levels often serve as areas of interest in technical analysis, highlighting potential liquidity zones, support/resistance clusters, or breakout points. Unlike traditional horizontal support and resistance tools, this indicator automatically detects equal highs and lows based on pivot structure. It identifies these areas after a certain number of candles have passed, ensuring that a proper swing structure is confirmed before marking the level. Once an EQH or EQL is identified, it is displayed as a horizontal line on the chart with an optional label. The indicator continuously tracks these levels as new structures form.  Key Features Automatic Equal High & Low Detection – Finds and marks price levels where swings have formed equal highs or equal lows. Swing-Based Confirmation – Levels appear only after the number of cand