EQS by Sirius

Mar 26

Protected Script Description: "EQS by Sirius"

This indicator is protected and published as invite-only due to its original multi-timeframe structure, advanced visual logic, and proprietary handling of liquidity zones and equal high/low detection. The complexity of its design—featuring adaptive time-based plotting, contextual tooltips, and dynamic zone tracking—reflects a level of custom development intended for professional use, necessitating source protection.

Purpose and Core Logic
“EQS by Sirius” is designed to detect and visualize Equal Highs and Equal Lows (EQS) across multiple timeframes. These levels are commonly interpreted as potential liquidity zones or key market structures, often used by traders for identifying breakout traps, stop hunts, or reversal points. The script applies a precision-based algorithm to identify these EQS levels, providing users with visual cues to support decision-making in various market contexts.

The detection logic is based on comparing the difference between two successive highs (or lows) relative to the high-low range of the bars, allowing the user to fine-tune sensitivity via a precision parameter. When valid EQS conditions are met, horizontal lines are drawn at the detected price level, accompanied by optional shadow trendlines to represent liquidity channels.

Visual Outputs and Features
The indicator provides a rich and customizable visual environment, including:

Multi-Timeframe EQS Detection: Configurable from 1-minute to 4-hour timeframes with automatic sequencing.

Zone Highlighting: Optional background shading for designated date intervals.

Dynamic Shadow Mode: Projects angled trendlines representing potential liquidity zones based on EQS formations.

Touch Counters: Real-time counting of price interactions with plotted EQS levels.

Tooltips: Each label includes a timestamp and price breakdown to provide contextual clarity.

Line Customization: Adjustable color, width, and transparency for each EQS type and its shadow projections.

Auto-zoom Scaling: Adapts visual density based on the active chart’s timeframe.

Visibility Filters: Adjustable proximity thresholds ensure only relevant lines are displayed based on current price action.

How to Use in Trading
Traders can use this tool to:

Identify liquidity targets where price may reverse or accelerate due to stop hunts or breakout traps.

Analyze multi-timeframe confluence by comparing EQS zones from higher timeframes with local market structure.

Monitor touch counts to assess the strength or weakening of support/resistance levels.

Visualize trendline-based liquidity zones using the “shadow mode” to infer possible manipulation or price magnet areas.

Integrate with existing strategies for entry/exit timing, particularly in breakout and mean-reversion models.

Due to the high level of customizability and visual control, the script is suitable for discretionary traders, smart money concept practitioners, and those seeking to combine structural analysis with liquidity mapping.

Apr 3

Release Notes

Protected Script Notice
This script is protected to maintain the originality of its custom-built trend detection system. It uses a unique method to find the most accurate trend lines based on how closely price follows a consistent path, which helps traders better understand market direction. The logic behind this approach is kept private to preserve its effectiveness.

What This Update Does
Automatically detects and displays the strongest price trend over time. Instead of using one fixed length, it checks many different time periods and picks the one where the price shows the clearest trend. This makes it more responsive and reliable than traditional trend lines.

What You See on the Chart
Three lines forming a channel:
The middle line shows the core trend.
The upper and lower lines define a dynamic price channel based on volatility.
Colors that reflect trend direction (customizable):
Green = uptrend
Red = downtrend
Gray/Black = neutral

Optional data table showing:
The trend’s strength
The best-fitting period
An estimate of the annualized return based on the trend

You can also customize how the lines look, how far they extend, and how transparent the background fill is.

How Traders Can Use It
Spot trending markets more easily.
Use the channel lines as support/resistance for entries, exits, or stop placements.
Confirm signals from other tools by checking if the price follows a strong upward or downward trend.
Monitor when the trend direction changes to adapt your strategy.

This tool works well across different timeframes and is helpful for both short-term and long-term trend analysis.

Apr 4

Release Notes

Update Comment – EQS Indicator: Introduction of a Secondary, Finer Trend Channel

This update introduces a significant enhancement to the EQS indicator through the implementation of a second, more refined trend channel. The addition of this secondary channel allows for a higher-resolution interpretation of price action within the broader market structure identified by the primary trend channel. While the original channel continues to serve as a reliable framework for identifying dominant directional bias and trend boundaries, the newly added finer channel enables traders to capture more nuanced market movements and short-term fluctuations with greater precision.

This layered approach to trend analysis improves the adaptability of the indicator across multiple timeframes and trading strategies. For example, swing traders may continue to rely on the main channel to define key support/resistance zones and potential reversal areas, while intraday traders can now benefit from the tighter channel to identify micro-trends, early breakout signals, or pullback opportunities within the overall trend context.

From a visual perspective, the finer trend channel is plotted with distinct styling to differentiate it from the primary one, ensuring clarity without cluttering the chart. Its dynamic responsiveness to price structure allows traders to more confidently anticipate shifts in momentum and structure-based entries or exits.

Overall, this update enhances the analytical depth of the EQS indicator, offering a dual-layered view of market dynamics that supports more granular trade planning and refined risk management.