β°Alerts
The indicator includes built-in alert conditions so you can be notified when price crosses key levels β even when you're not watching the chart.
Available Alert Conditions
Price crossed above highest level β triggers when price breaks above the High Level.
Price crossed below highest level β triggers when price drops below the High Level.
Price crossed above lowest level β triggers when price breaks above the Low Level.
Price crossed below lowest level β triggers when price drops below the Low Level.
How to Create an Alert
Right-click on the chart and select "Add Alert", or click the Alerts button (π) in the toolbar.
In the Condition dropdown, select "Support and Resistance".
Choose one of the four alert conditions listed above.
Set your alert name, message, and notification method (pop-up, email, webhook, etc.).
Click Create.
The alert messages include dynamic placeholders that will show the actual price level and ticker symbol when triggered.
Recommended Settings by Timeframe
These are suggested starting points β adjust based on the asset and your trading style.
Scalping (1mβ5m charts)
Period: 5β8
Lookback Period: 100β150
Strength: 1β2
Channel Width: 5β8
Swing Trading (1Hβ4H charts)
Period: 10β15
Lookback Period: 250β350
Strength: 2β3
Channel Width: 10β12
Position Trading (Daily+ charts)
Period: 15β25
Lookback Period: 300β500
Strength: 3β5
Channel Width: 12β15
Tips & Best Practices
Use SR levels with confluence. Support and resistance is most powerful when it aligns with other signals β trendlines, moving averages, volume spikes, or signals from other EZ Algo indicators.
Don't overload your chart. If too many levels clutter the screen, increase the Strength setting to filter down to only the most significant levels.
Zones > exact prices. Real markets don't turn on a dime. Use the zone display to think in ranges.
Watch for color flips. When an SR line changes from resistance (pink) to support (cyan), it means price has broken through. This real-time feedback is one of the indicator's most powerful features.
Adjust Period and Lookback for your timeframe. Lower timeframes benefit from shorter periods and lookback, while higher timeframes need larger values to capture meaningful structure.
Combine High/Low Levels with trend analysis. If price is consistently pushing against the High Level, it may be building for a breakout. If it's trapped between High and Low Levels, the market may be ranging.
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