🧱Support & Resistance

EZ Algo v2 provides multiple tools for identifying key support and resistance levels.

Order Blocks

Institutional-grade support and resistance zones:

• Green boxes — Bullish Order Blocks (potential support zones)

• Red boxes — Bearish Order Blocks (potential resistance zones)

Each block shows a percentage (%) indicating its relative strength compared to other visible blocks.

Amount shown:

• Low — Only the strongest 4–5 blocks

• Medium — Balanced view (8–10 blocks) — recommended

• High — More blocks shown (useful on higher timeframes)

Order blocks are automatically removed when price breaks through them.

High/Low Zones

Smart range zones that display dynamic support and resistance areas:

Zone	Meaning
Red zone	Recent swing high area (resistance)
Green zone	Recent swing low area (support)
Gray zone (Equilibrium)	Mid-point between high and low

These zones auto-update every bar and are useful for breakout trading, reversal setups, and fair value gap–style trading.

Pivots

Horizontal lines at major swing highs (resistance) and lows (support) based on pivot calculations. Adjust the Length setting to control sensitivity:

• Smaller values (5–10) — More frequent pivots, ideal for scalping on lower timeframes

• Larger values (20–50) — Fewer, stronger pivots for swing trading or higher timeframes

Market Structure

Adds labels at major swing points showing market structure:

Option	What It Displays
Price Label	Exact price at the pivot (e.g., 68,420.50)
HH / HL / LH / LL	Market structure labels (Higher High, Higher Low, Lower High, Lower Low)
Both	Price + structure label together

VWAP Overlay

Volume Weighted Average Price with standard deviation bands:

• Green line — Main VWAP (resets based on your selected timeframe)

• Dashed bands — Standard deviation levels showing volatility channels

Timeframe options:

• 1W — Weekly reset (short-term, intraday/scalping)

• 1M — Monthly (default — balanced for swing trading)

• 3M — Quarterly (medium-term trends)

• 12M — Yearly (long-term position trading)

Adjust the Standard Deviation to control band width. Higher values on volatile assets help avoid false touches.