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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.


Comentários 8
TsepoNtilane
32
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
39
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
369
Kandasamy Senthil Kumar 2020.06.22 10:46 
 

great indicator.

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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
149 USD
SL Currency28 Pair Dashboard
Chalin Saranga Jayathilake
  SL Currency28 Pair Dashboard is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency This strategy i am made my other indicator SL Currency Strength Meter 28 Pair more  improvement We can easily study the financial strength of multi-faceted trading SL Currency28 Pair Dashboard strength meter which creates multiple charts in a single window based on the price action of each currency in relation to all other currencies. The indicator also inclu
63 USD
Automated Actual Support Resistance A2SR
Yohana Parmi
A. What is A2SR ? -- Full guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it has never been published on the internet either. A2SR will
250 USD
MACD Currency Meter
Emir Revolledo
*NOTE : PRICE WILL BE $120 by November, Grab your copy now Arrow showing on or off would mean that there is a "possible change of signal" for that certain pair.. and this is requested by traders who wants signal at the very moment they saw a cross. However, if you are a trader who wants a "confirmed signal", you should wait for the current candle to close so the arrow signal will be classified as "confirmed". WELCOME to a very new algorithm in the market which you have never seen before.  MACD
99 USD
SL Currency Strength Meter 28 Pair
Chalin Saranga Jayathilake
SL Currency strength meter pro28  check one time This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency This indicator allows you to analyze the hidden trends and correlations between the 8 most traded currencies via unique strength meter which creates multiple charts in a single window based on the price action of each currency in relation to all other currencies. The indicator also includes interactive panel where you can see the
63 USD
TPA True Price Action MT4 Indicator
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. TPA has been developed by traders for traders and is not another combination out of existing indica
168 USD
Configurable Dashboard Pro by RunwiseFX
Runwise Limited
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
69 USD
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
Filtro:
TsepoNtilane
32
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
39
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
369
Kandasamy Senthil Kumar 2020.06.22 10:46 
 

great indicator.

Binahtrading
28
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
139
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
401
Lorant Nemeth 2019.11.08 20:07 
 

Useful stuff

Responder ao comentário
Versão 2.2 2020.06.30
fixed issue with drawing lines in some specific cases
Versão 2.1 2020.04.01
- removed annoying alert on H4 and higher timeframes
- fixed some abnormalities of line drawing in some cases
Versão 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.
Versão 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)