The first word in front of the "=" is the search phrase; the ladder its replacement. Example:

• word1=replacement

If you use the following two lines, you can even code html tags your articles:

• {{=<
• }}=>

So {{br /}} will be replaced by a new line.
(If single { were used, there might be some conflicts with other plugins and their tags;-)

Preventing qlreplacent: In case you want to skip qlreplacement for some reason, enter the tag {'noqlreplacement} in your title or article text.

WHY the o=x in the image? Ask Edgar Allan Poe ... or read the demo.