Swing Blocks | EQH & EQL
🧱 Swing Blocks: Understanding and Using
📖 What are Swing Blocks?
Swing Blocks are a specialized version of Order Blocks that form at significant swing points in price action. Unlike regular Order Blocks, which can appear on any timeframe, Swing Blocks identify larger market moves and provide stronger support and resistance zones.
🔍 Key Features of Swing Blocks
Longer-Term Significance: Based on swing structure with a longer lookback period (default 50 bars)
Color Coding:
Bullish Swing Blocks appear in light green
Bearish Swing Blocks appear in light red
Block Visualization: Displayed as semi-transparent boxes on the chart
Mid-Lines: Horizontal lines showing the middle of each block
⚙️ How to Activate Swing Blocks
Enable them via the "Show Swing Blocks" option in the Market Structure Settings
You can customize their appearance with the color selectors
The "Swing Period" setting (default 50) determines how far back the indicator looks to identify swing points
📈 Trading with Swing Blocks
✅ Support/Resistance Zones:
Swing Blocks create powerful support and resistance areas
Bullish Swing Blocks act as support
Bearish Swing Blocks act as resistance
🎯 Entry Points:
Enter long positions when price retests a Bullish Swing Block
Enter short positions when price retests a Bearish Swing Block
🛡️ Stop Placement:
For longs: Place stops below the Bullish Swing Block
For shorts: Place stops above the Bearish Swing Block
📊 Higher Probability Trades:
Focus on Swing Blocks that align with the overall trend
Pay attention to Swing Blocks with high volume
🔒 Block Strength:
Larger blocks with higher volume tend to be stronger
Blocks that coincide with significant swing points hold more weight
🟰 Equal Highs & Lows (EQH/EQL): Understanding and Using
📖 What are Equal Highs & Lows?
Equal Highs (EQH) and Equal Lows (EQL) are price patterns that identify when the market creates matching highs or lows, signaling potential liquidity grabs or "stop hunts" before reversals.
🧩 Key Features of EQH/EQL
📊 Visual Representation:
Dotted lines connect the equal high or low points
Labels mark "EQH" (Equal High) or "EQL" (Equal Low) at the pattern location
Color coded:
Red for EQH
Green for EQL
📏 Detection Sensitivity:
The indicator uses ATR (Average True Range) to determine price similarity
Automatically adjusts to market volatility
⚙️ How to Activate EQH/EQL
Enable via the "Show Equal Highs/Lows" option in Market Structure Settings
The detection uses the same swing period as other market structure features
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