Market / MetaTrader 4 / Indicators /

TPA Sessions MT4

50 USD

Demo downloaded: 563

Published: 30 August 2019

Current version: 2.2

TPA Sessions MT4

4.91

Indicators
InvestSoft
Version: 2.2
Updated: 30 June 2020
Activations: 10

"TPA Sessions" indicator is a very important tool to complement "TPA True Price Action" indicator.

Did you ever wonder, why many times the price on your chart suddently turns on a position you can`t explain?

A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify?

Attention!!! The first run of the TPA Session indicator must be in the open market for the lines to be drawn correctly. Please visit our blog to study actual trades with explanations and learn more about the indicators. Link in the profile.

Well, here is the answer about turning points you can`t figure out. Another fact overlooked by mainstream teaching.

Session opening prices, where market makers let price return, to draw in the opposite participants, into the direction of their goal.

This is one of the methods, market makers use, to give a "discount" to reach the price levels they want.

The best trading advice: "Do not fight against the market makers, just follow them" comes even more into play, if you use "TPA True Price Action" indicator combined

with "TPA Sessions" indicator.

If price is moving towards a session opening price, you get a "heads up "alert by the indicator, where you can set up, how many pips distance to the level, the alert will trigger.

If the price now "bounced off" the session opening price, you got "TPA True Price Action" indicator to follow the market makers back into the other direction, or through the level of the session opening price.

The indicator shows session opening levels as a horizontal line. You can track up to 5 sessions simultaneously: Tokyo session, Frankfurt session, London session, New York session and Sydney session.

Each of them can be hidden or displayed.

The session start time is given in the GMT zone and adjusted to the broker time. If necessary, you can always set this time for each session separately in the "Start Time (GMT)" parameter.

Since ver. 1.1 of TPA Sessions it is possible to draw lines also at closed market. It is needed to run indicator at least once in the open market to read offset between GMT and your broker's time before you use it over the weekend.

To make sure, you got the correct session opening times, please go to forexfactory webpage and click on the clock (upper right) and match your time or your brokers, by choosing the right timezone and DST = Daylight Saving Time.

Then click "save settings". Then click on "Market" tab, scroll down a bit and you can see all informations about the sessions.
Now you are able to sync those with the settings of TPA Sessions, or simply check, if the automatic function is correct.

Than you can adjust TPA sessions hours in TPA Settings by changing param "Start Time (GMT)".

Remember that your chart time is based on your broker's time not your local time or GMT.

Detailed instruction how to set up properly times is on our blog in article "HOW TO PROPERLY SET UP TPA SESSIONS". Link in the profile

Also for each session you can define a different line appearance like:

colour
style
line width

In addition, each line can be marked by a flag or session name and display table with sessions opening times, what is helpful in settings the correct times.

A detailed description of the parameters can also be found on our blog.

You can also set the session duration (session line length) in hours in the "Session duration (hours)" parameter. Sessions usually last 9 hours, but in TPA Sessions indicator it is set 24h as default, because the price often responds to the level of session opening after it closes.

The indicator has a notification system that generates alerts when the price touches or approaches the level of the session opening price. You can choose:

Sound & Text Alert - sound alarm and text message with info about session type
E-mail - send a notification to your mailbox
Notification - send a notification to your mobile phone

The "Trigger Distance (pips)" parameter is used to determine how early the indicator should inform that the price is approaching the level of session opening. A value of 0 means that the alert will be triggered when the price touches the level, a value e.g. 5 means that notification will be send when the current price approaches the session opening price by 5 pips.

more...

shahrilosman 2022.03.21 17:45 #

I've tried a free session indicator for my MT4. somehow the indicator keeps froze my MT4 application and make my open position slightly delay. TPA session seems no lagging when I scroll from left to right, zoom in zoom out without any issue. worth to buy the TPA session indicator. well at least the line in TPA session is not repaint and I can check the price is against the opening session or not

464

Marcos Yuge 2021.06.10 06:01 #

I purchased this product to work together with another indicator from the company: TPA TRUE PRICE ACTION. And my experience with the indicator has exceeded expectations. It will not signal you when to enter or close a trade. But together with TPA TRUE PRICE ACTION, it is a very useful tool to build a winning strategy. For the quality of the product, added to the excellent customer support, I give 5 stars. It is worth the investment.

170

YHW1022221880 2021.03.08 08:02 #

Great indicator!

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Do you think that in markets where the price can change in a split second, placing orders should be as simple as possible? In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. So, when you want to place an order, you probably wonder how big a trade you should open? Wha

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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"

168 USD

This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us ( visit our profile ) and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark tr

30 USD

"TPA Sessions" indicator is a very important tool to complement "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can't explain? A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!! The first run of the TPA Session indicator must be in the open market for the lines to be drawn correctly. Please visit our blog to study actual trades wit

50 USD

Filter:

Asraf Bangladesh 2023.02.19 22:16 #

I have bought it but its not opening at my mt4 platform pls suggest me

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Reply from developer Janusz Trojca 2023.02.20 11:28 #

We have contacted you in a private message to assist you in installing and running the program.

shahrilosman 2022.03.21 17:45 #

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michalwik 2021.07.25 19:19 #

Can I get access to Telegram?

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Reply from developer Janusz Trojca 2021.07.26 12:06 #

Please check private message

T3soro 2021.07.11 15:49 #

HI JUST PURCHASED THE INDIC CAN SUM ONE INVITE ME TO TELEGRAM PLEASE !

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Reply from developer Janusz Trojca 2021.07.12 14:53 #

Please check private message

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Marcos Yuge 2021.06.10 06:01 #

Evgeny-IRL 2021.04.21 14:50 #

HI JUST PURCHASED THE INDIC CAN SUM ONE INVITE ME TO TELEGRAM PLEASE !

170

YHW1022221880 2021.03.08 08:02 #

Great indicator!

TsepoNtilane 2020.07.16 19:36 #

You will be pleasently shocked at how opening prices of various sessions are respected. This is a must have indicator for any serious trader. Plus there is strong support on the Telegram chat group.

enesfaruk 2020.07.13 18:02 #

Helped me to understand Forex...., Have to be honest there are some free sessions indicator. Installed them but dont get the comfort like the TPA SESSIONS

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Kandasamy Senthil Kumar 2020.06.22 10:46 #

great indicator.

Binahtrading 2020.06.17 01:08 #

Sessions have added more value to my trading set up, it has brought clarity and an understanding of the bank flow which keeps me out of bad trades, well done !!!!

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RalfHornig 2020.04.28 22:09 #

Hallo TPA Team,

konnte Heute meinen Gewinn um 30 Prozent erhöhen, bin total begeistert von dem Länder Session Indikator der mir das mit dem TPA Price Action Indikator ermöglicht hat. Euer Service und die Betreuung von Kunden ist genial vor allem Guard ist ein sehr geduldiger kompetenter Fachmann.

6 Sterne von mir.

Ralf

YannickVerstraete 2020.03.20 11:42 #

It is a simple concept but it really opens your eyes.

Interesting to see how price reacts to the session lines, respects them and give price a direction. Once you understand how to read and use them, there will open a whole new world to trading.

Good support, telegram group and always helping to explain things.

Good stuff!

threepillars 2020.03.20 10:59 #

Its a simple concept. But watching how price reacts to these levels combined with TPA signals is amazing. The 5 stars isn't just for the indicator, but also the notion of how to use these levels for entry and exit.

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Lorant Nemeth 2019.11.08 20:07 #

Useful stuff

Version 2.2 2020.06.30

fixed issue with drawing lines in some specific cases

Version 2.1 2020.04.01

- removed annoying alert on H4 and higher timeframes
- fixed some abnormalities of line drawing in some cases

Version 2.0 2020.01.29

- added Sydney session
- option to mark a session line with a flag or text
- possibility to define text, color and font size
- display a dashboard
- option to display the table with opening times of individual sessions for easy times adjusting.

Version 1.1 2020.01.09

drawing lines correctly when the market is closed (note: the indicator must be run at least once in the open market, to read offset between GMT and broker's time)