Liquidity pool
Cluster of swings at almost the same price.
Several swings sit at almost the same price. Resting stop orders are assumed behind them. This is candle geometry, not the order book.
Clustering is by price proximity, not by order. The find is knowable only once the last swing in the cluster is confirmed — with ZigZag that can take a while, and the as-of slider is where you see it.
Names
Neutral: Liquidity pool / Liquiditäts-Pool. ICT: Equal Highs / Lows, short EQH/EQL (also Buyside / Sellside Liquidity).
Settings
Cluster tolerance defaults to 0.0008 of price. Minimum touches defaults to 2. Max. distance in pool defaults to 40 bars. Swing method defaults to N-bar fractal with lookback 3. Williams fractal and ZigZag are available too; ZigZag uses a reversal of 0.005 of price by default. Lookback only applies to N-bar; ZigZag reversal only applies to ZigZag.