"Clean Market Structure & Trend Confirmation" TP LADDER(UPDATED)

Clean Market Structure & Trend Confirmation — TP Ladder

This indicator is designed to identify high-probability intraday trend trades using market structure, momentum confirmation, and a visual ribbon system, with automatic take-profit and stop-loss levels plotted after confirmed signals.

WHAT THIS INDICATOR IS FOR

This script is built for active intraday traders trading SPY, QQQ, It focuses on trend continuation and directional momentum rather than scalping chop. It works best during regular market hours with extended hours enabled.

HOW TO LOAD (IMPORTANT)

Add the script to your chart
Set chart timeframe to 5-minute
Turn Extended Trading Hours ON
Use during the NY session (especially open and trend periods)
THE RIBBON (MOST IMPORTANT RULE)

The ribbon defines the trend.

• Blue/Teal ribbon = bullish trend

• Red ribbon = bearish trend

• Gray ribbon = compression / no trade zone

Only trade in the direction of the ribbon.

No ribbon alignment = no trade.

BULL & BEAR DOTS

“BULL” dot appears when structure flips bullish.

“BEAR” dot appears when structure flips bearish.

These confirm trend direction, not entries by themselves.

BUY & SELL ARROWS (ENTRIES)

• BUY arrow prints only when bullish ribbon, structure, momentum, and filters align

• SELL arrow prints only when bearish ribbon, structure, momentum, and filters align

• Arrows are non-repainting when using close-confirmed mode

No arrow = no trade.

CONTINUATION (C) LOGIC

The script allows limited continuation entries after pullbacks when structure realigns.

By default, only one continuation per direction per day is allowed to prevent overtrading and signal spam.

TAKE-PROFIT (TP) LADDER

When a BUY or SELL arrow confirms, the script automatically plots:

• TP1 = partial profit

• TP2 = extended target

• TP3 = final extension

• STOP = ATR-based stop loss

All levels are calculated using ATR and adjust automatically to volatility.

The ladder only appears after a confirmed signal.

HOW TO TRADE IT (SIMPLE FLOW)

Identify ribbon direction
Wait for BUY or SELL arrow
Enter on confirmation
Scale out at TP1, TP2, TP3
Respect the STOP line
If structure breaks or ribbon flips, exit.

WHAT TO AVOID
• Do not trade against the ribbon

• Do not trade in gray ribbon conditions

• Do not chase candles without arrows

• Do not expect constant signals (quality over quantity)