OPEN-SOURCE SCRIPT
Equal Highs & Lows Strategy

// ------------------------------------------------------------------------------
// 🧠 THE MARKET PSYCHOLOGY (WHY THIS WORKS):
// ------------------------------------------------------------------------------
// 1. THE MAGNET THEORY:
// "Equal Highs" (EQH) and "Equal Lows" (EQL) are not random. They represent
// Retail Support and Resistance. Retail traders are taught to put Stop Losses
// just above Double Tops or just below Double Bottoms.
// - Therefore, these lines represent massive pools of LIQUIDITY (Money).
// - Price is often engineered to move toward these lines to "unlock" that money.
//
// 2. THE INSTITUTIONAL TRAP (STOP HUNTS):
// Institutions need liquidity to fill large orders without slippage.
// - To Buy massive amounts, they need many Sellers -> They push price BELOW EQL
// to trigger retail Sell Stops.
// - To Sell massive amounts, they need many Buyers -> They push price ABOVE EQH
// to trigger retail Buy Stops.
//
// 3. THE STRATEGY (TURTLE SOUP):
// We do not trade the initial touch. We wait for the "Sweep & Reclaim".
// - Bullish Signal (GRAB ⬆): Price drops below the Green Line (EQL), grabs the
// stops, but buyers step in and force the candle to CLOSE back above the line.
// - Bearish Signal (GRAB ⬇): Price spikes above the Red Line (EQH), grabs the
// stops, but sellers step in and force the candle to CLOSE back below the line.
// ------------------------------------------------------------------------------
// 🧠 THE MARKET PSYCHOLOGY (WHY THIS WORKS):
// ------------------------------------------------------------------------------
// 1. THE MAGNET THEORY:
// "Equal Highs" (EQH) and "Equal Lows" (EQL) are not random. They represent
// Retail Support and Resistance. Retail traders are taught to put Stop Losses
// just above Double Tops or just below Double Bottoms.
// - Therefore, these lines represent massive pools of LIQUIDITY (Money).
// - Price is often engineered to move toward these lines to "unlock" that money.
//
// 2. THE INSTITUTIONAL TRAP (STOP HUNTS):
// Institutions need liquidity to fill large orders without slippage.
// - To Buy massive amounts, they need many Sellers -> They push price BELOW EQL
// to trigger retail Sell Stops.
// - To Sell massive amounts, they need many Buyers -> They push price ABOVE EQH
// to trigger retail Buy Stops.
//
// 3. THE STRATEGY (TURTLE SOUP):
// We do not trade the initial touch. We wait for the "Sweep & Reclaim".
// - Bullish Signal (GRAB ⬆): Price drops below the Green Line (EQL), grabs the
// stops, but buyers step in and force the candle to CLOSE back above the line.
// - Bearish Signal (GRAB ⬇): Price spikes above the Red Line (EQH), grabs the
// stops, but sellers step in and force the candle to CLOSE back below the line.
// ------------------------------------------------------------------------------
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@PannchamH
Penafian
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Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
@PannchamH
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.