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TPA Sessions MT4

"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.


Reviews 10
YHW1022221880
114
YHW1022221880 2021.03.08 08:02 
 

Great indicator!

TsepoNtilane
34
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
69
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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The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi
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Advanced Currency IMPULSE with ALERT
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
CURRENTLY 39% OFF !!   Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs . Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify an
78 USD
True Direction Oscillator
True Direction Oscillator
Muhammad Elbermawi
Or (TDO)    which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at
60 USD
FX Trend
FX Trend
Daniel Stein
️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
75 USD
Advanced Dashboard for Currency Strength and Speed
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
ShvedSupDem Pro Zone
ShvedSupDem Pro Zone
Andrey Shvedov
Let us analyze what supply and demand are, and how relevant the expression "market memory" is. The screenshots show the operation of the SupDem-Pro custom indicator, it is the improved version of my previously created Shved Supply and Demand indicator. In order to create it, I gave up trading for almost 3 years and studied a lot of literature, I have not traded during this time, but only analyzed the behavior of the price in different situations. It took me quite a long time to correctly formula
120 USD
Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
Naked Forex Kangaroo Tail
Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
147 USD
FXtraderariel Indicator
FXtraderariel Indicator
Ariel Capja
This is the FXTraderariel-Indicator . It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading . The indicator can be used on every time frame , but we advise to use it on H1, H4 and D1 . Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit point
100 USD
UltraDynamicSensor
UltraDynamicSensor
Dariusz Grywaczewski
The purpose of the indicator is to measure the dynamics of price movement, capturing sudden acceleration, and examination of the direction in which the price is moving. Indicator due to its nature, is dedicated to TimeFrame M1, but it can be freely used on higher TF'ach. Calculation and display will be identical to the M1. Indicator all calculations done on ticks, ie single price movements. Are not taken into account the conditions candle (the color of the candle, the candle shape, values
69 USD
Lighthouse
Lighthouse
Daniel Stein
You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its rol
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Forex Trade Manager MT4
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InvestSoft
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.  EA Forex Trade Mana
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TPA True Price Action MT4 Indicator
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InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) 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. The first part of the TPA manual "The Basics" is now available (free to g
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Risk Reward Ratio Indicator
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InvestSoft
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 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 trade entry and exit poi
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TPA Sessions MT5
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InvestSoft
"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
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Risk Reward Ratio
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InvestSoft
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 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 trade entry and exit p
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TPA True Price Action MT5 Indicator
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InvestSoft
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. The first part of the TPA manual "The Basics" is now available (free to get). Everybody who wants to
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Risk Reward Ratio Indicator Demo
Risk Reward Ratio Indicator Demo
InvestSoft
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. If you want to place orders easier, faster and more intuitive? If you like to mark trade entry and exit points on charts? If you need to control the risk of each forex transaction? If you want to save your time for manual calculations of position size, risk to reward ratio, amount of loss and profit in account currency? This tool is suitable for you! Forex Risk Reward Ratio Indicator for MetaTrader
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Risk Reward Ratio Demo
Risk Reward Ratio Demo
InvestSoft
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. If you want to place orders easier, faster and more intuitive? If you like to mark trade entry and exit points on charts? If you need to control the risk of each forex transaction? If you want to save your time for manual calculations of position size, risk to reward ratio, amount of loss and profit in account currency? This tool is suitable for you! Forex Risk Reward Ratio Indicator for MetaTrader
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Filter:
Evgeny-IRL
34
Evgeny-IRL 2021.04.21 14:50 
 

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

YHW1022221880
114
YHW1022221880 2021.03.08 08:02 
 

Great indicator!

TsepoNtilane
34
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
69
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

Kandasamy Senthil Kumar
303
Kandasamy Senthil Kumar 2020.06.22 10:46 
 

great indicator.

Binahtrading
27
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 !!!!

RalfHornig
149
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.

LG

Ralf

YannickVerstraete
59
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
74
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.

Lorant Nemeth
404
Lorant Nemeth 2019.11.08 20:07 
 

Useful stuff

Reply to review
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)