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TPA True Price Action MT5 Indicator
|The first part of the TPA manual "The Basics" is now available (free to get). Everybody who wants to get the PDF can contact us here. |
Please send a screenshot from your mql5 account (Purchases tab on the right menu) to check if you rented or purchased TPA.
The first part of the PDF is meant for renters in the first place.
The 2nd extended part of the PDF is meant only for the owners of lifetime license for TPA and contains even more techniques, tips and tricks, which are not to be seen at first. Both parts of the PDF are definitely worth it, because they contain our experiences over years. The 2nd part will be available soon.
TPA has been developed by traders for traders and is not another combination out of existing indicators or a "magic, solve all situations" tool.
Successful traders are "following the smart money" and do NOT try to catch every move from start to end. Consistent traders catching the large moves after a confirmed start with a good money management. They stay out of choppy, low momentum phases in smaller timeframes and wait for the right signal to enter and re-enter the large moves. This fits to the different trading style like a swing trading or scalping. For a scalpers, after the consultations with our customers we added "early signals" mode to the TPA indicator. It makes better quality of signals but sometimes it can repaint however, this does not spoil the profits.
Profitable trading is a kind of art and needs knowledge and training. There is no magic holy grail, solving every situation on every market. By getting away from mainstream thinking, not rushing in and getting rid of illusions about being rich in a month, you are finally on the right track, getting a consistent and successful trader.