INVITE-ONLY SCRIPT

TakeOff Levels/Zones (Expo)

Updated
TakeOff Levels/Zones (Expo) automatically identifies and displays support and resistance levels based on momentum.

  • Levels/Zones are displayed where there is a high probability that price can takeoff. Traders should look for breakouts from the Level/Zone.
  • If the price doesn't breakouts from the SR level/zone there's a chance that the market has topped or bottomed out.


The indicator can be used standalone or as a part of your current trading strategy.

  • Real-time
  • No repainting
  • Works on any market


HOW TO USE

1. Use the indicator to identify where the price can takeoff.
2. Use the indicator to identify potential breakouts.
3. Use the indicator to identify potential reversal points.

INDICATOR IN ACTION

1 min chart

snapshot



I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!


ACCESS THE INDICATOR

• Contact me on TradingView or use the links below

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Disclaimer


Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.


My scripts/indicators/ideas are only for educational purposes!
Release Notes
Major Improvements!

  • Market Change signals are added. --> These can be used to confirm the TakeOff Levels.


Best
Release Notes
Improvements!

  • Positive and Negative Change / Impulse signals are now added. --> These can be used to confirm the TakeOff Zone
Release Notes
Improvements!

  • Performance Improvements
  • TakeOff labels Added
  • Alerts Added
Release Notes
Minor update!
Release Notes
Improvements!

  • Performance Improvements
Release Notes
Improvements!

  • Alerts Added
Release Notes
Improvements!

  • Crossover and Crossunder alerts added
  • Performance improvements
  • Tooltips added

Release Notes
Performance Improvements
  • Improved TakeOff Calculation
Release Notes
Performance Improvements
breakoutbreakouttradingimpulsemomentumstrategyreversalpatternSupport and Resistancetakeoffzeiiermanzone

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Zeiierman for more information, or follow the author's instructions below.

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Author's instructions

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Disclaimer