PROTECTED SOURCE SCRIPT
OTM Custom Ribbon TP Ladder
OTM • Custom Ribbon (2–6 lines) + TP Ladder
OTM Custom Ribbon + TP Ladder is a clean trend ribbon with an optional trade “ladder” overlay that projects Entry, Stop Loss, and up to 6 Take-Profit levels to the right of price.
It’s built for fast decision-making: the ribbon shows trend + momentum, and the TP Ladder gives you a structured plan without cluttering the chart with extra indicators.
Ribbon (Trend + Bias)
Choose 2–6 lines and your preferred smoothing type:
EMA / SMA / RMA / WMA / VWMA
Jurik-style approximation
Kalman / Adaptive Kalman
Ribbon colouring supports:
Hard 2-color
Smooth gradient
3-color with a neutral zone
Works on current timeframe or higher timeframe using the TF input (with optional “wait for close” mode).
How to read it
Green bias = bullish pressure / trend alignment.
Red bias = bearish pressure / trend alignment.
Neutral/grey zone = chop / low conviction.
Strongest trend = ribbon lines spread apart and aligned.
Compression = ribbon lines tight/stacked (trend may be pausing or about to expand).
TP Ladder (Entry + SL + TP1–TP6)
When enabled, the TP Ladder will draw:
ENTRY line
STOP line
TP1 → TP6 lines
Optional labels, line style, thickness, and colours.
Entry trigger options
Fast line crossing Outer line
Price crossing Outer line
Stoploss modes
ATR
Swing
Ticks
Percent
TP Calculation modes
R Multiples (classic risk-reward targets)
Fib Multiples of risk
ATR Multiples
Locking (Stops the “moving target” problem)
This tool includes locking so your ladder doesn’t chase price:
Lock Risk at Entry = TP levels stay fixed based on entry risk.
Lock ATR at Entry = ATR-based targets stay fixed from the entry ATR.
This is the setting you want if you’re sick of targets shifting mid-trade.
Quick workflow
Use the ribbon colour + structure to decide bias (trend or chop).
Wait for your chosen trigger (cross) to print a new ladder.
Trade the ladder:
Entry is defined
SL is defined
TP levels are pre-mapped
Optional: move SL to BE once TP1 is hit.
Designed for: Gold, BTC, indices, FX — any market, any timeframe.
Style goal: clean ribbon + structured targets, no mess.
OTM Custom Ribbon + TP Ladder is a clean trend ribbon with an optional trade “ladder” overlay that projects Entry, Stop Loss, and up to 6 Take-Profit levels to the right of price.
It’s built for fast decision-making: the ribbon shows trend + momentum, and the TP Ladder gives you a structured plan without cluttering the chart with extra indicators.
Ribbon (Trend + Bias)
Choose 2–6 lines and your preferred smoothing type:
EMA / SMA / RMA / WMA / VWMA
Jurik-style approximation
Kalman / Adaptive Kalman
Ribbon colouring supports:
Hard 2-color
Smooth gradient
3-color with a neutral zone
Works on current timeframe or higher timeframe using the TF input (with optional “wait for close” mode).
How to read it
Green bias = bullish pressure / trend alignment.
Red bias = bearish pressure / trend alignment.
Neutral/grey zone = chop / low conviction.
Strongest trend = ribbon lines spread apart and aligned.
Compression = ribbon lines tight/stacked (trend may be pausing or about to expand).
TP Ladder (Entry + SL + TP1–TP6)
When enabled, the TP Ladder will draw:
ENTRY line
STOP line
TP1 → TP6 lines
Optional labels, line style, thickness, and colours.
Entry trigger options
Fast line crossing Outer line
Price crossing Outer line
Stoploss modes
ATR
Swing
Ticks
Percent
TP Calculation modes
R Multiples (classic risk-reward targets)
Fib Multiples of risk
ATR Multiples
Locking (Stops the “moving target” problem)
This tool includes locking so your ladder doesn’t chase price:
Lock Risk at Entry = TP levels stay fixed based on entry risk.
Lock ATR at Entry = ATR-based targets stay fixed from the entry ATR.
This is the setting you want if you’re sick of targets shifting mid-trade.
Quick workflow
Use the ribbon colour + structure to decide bias (trend or chop).
Wait for your chosen trigger (cross) to print a new ladder.
Trade the ladder:
Entry is defined
SL is defined
TP levels are pre-mapped
Optional: move SL to BE once TP1 is hit.
Designed for: Gold, BTC, indices, FX — any market, any timeframe.
Style goal: clean ribbon + structured targets, no mess.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.