Amanda:
Equalization has a variable time current charging factor.
If one looks the charging current set at 2.4 volts/cell for new batteries the current will increase to certain level and stay for certain time, once all the cells have had deep charging the current starts to drop, more or less like a dome.
This is the moment to stops the equalization charge -- NOW -- for used batteries the equalization voltage is going to vary depending on the "age" of the battery and how much it has been "abused".
One needs to remember that most batteries are "murdered" by their owners because no good battery management.
The ideal charger needs to have some intelligence to see how the voltage and the current is varying to define the cut-off point.
The manufacturers imply or indicate some standard charging profiles for "STANDARD" battery usage, where the batteries are handled carefully, almost with "Silk Gloves".
Some aged batteries may require more frequent altered profiles for the bank to store enough energy for the following discharge cycle.
AGED batteries should have, periodically an equalization charge that may be different from normal.
RECENT CASE: A fellow has a 24 volts bank with Trojan L 105 = 1200 amp/hour capacity.
He has been charging the batteries following the manufacturers recommendation and for many months the hygro readings have been below the 1170 levels and some much lower.
He asked for help and during a period of several weeks, I showed him how to manage the charge to recuperate the batteries to a healthy hygro readings level, we succeed to save all the batteries except 2 that had a very low hygro readings in one cell each.
The BULK charge cycle Voltage was increased to 29.6 Volts and the time to 3 hours and the equalization raised to 2.58 V/cell for 4 hours and repeated about every 2 or 3 weeks, depending this on the hygro readings.
This way he has a re-vitalized battery bank, we are now trying to save the 2 batteries with bad cells.
A good charge controller should have the capability of reading the charge current and define the charging cycles times and as well proper charging sequences.
Many times is necessary to equalize the batteries for several cycles immediately after each discharge cycle to insure that the bank recuperates its capacity levels.
Does this help you ?.
LASTLY : Charging profiles are based in the volumetric capacity of a battery = amp-hour, that may vary from 10 to 30 % of amp-hour capacity .
Nando