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.