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It's a bit counter intuitive but like you said: Peak L (low?) is with higher sensitivity (you've got thicker lines), Peak H (high) is with lower sensitivity (you get more sand like focus peaking) which I find a lot harder to notice on a screen sometimes. I'm sticking with L, I guess it works similar no matter the lens.I've found peaking works better on my m43 to Nikon speedbooster when set to Peak L mode.
Do you have the camera switched to manual focus?