TPA Sessions Indicator for MT4/MT5

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?

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 4 sessions simultaneously: Tokyo session, Frankfurt session, London session and New York Session.

Each of them can be hidden or displayed.

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

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

1. colour
2. style
3. line width

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:

1. Sound & Text Alert - sound alarm and text message with info about session type
2. E-mail - send a notification to your mailbox
3. 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.

What our customers say about TPA sessions indicator:

TPA Sessions indicator for MT4: https://www.mql5.com/en/market/product/41643

TPA Sessions indicator for MT5: https://www.mql5.com/en/market/product/41673

Very interesting situation on 5th september 2019. Price closed in range between Frankfurt session open price and London/New York open price. Finally, the next day we can observe bullish momentum candle, back to London/Tokyo sessions and price grow up.

Another good example on GBPAUD how price respect sessions open levels, what gives good trading signals in combination with the TPA True Price Action indicator.

2 buy trades closed with total profit 103,2 pips. Previous day New York session open level has been respected by a price as support. After bounce price up, TPA True Price Action indicator has generated few good entry and reentry signals.

I have decided to open only 2 buy orders to not exceeded total risk. More aggressive trading allowed to open more buy trades (at reentry TPA True Price Action indicator signals) and significantly increase profit.

Is it safe to say that the sessions can be used as potential targets?

Yes, as soon as session opening levels designate suport and resistance points, it surely can be used as potential targets. Let's look on example trades on DAX:

3 buy DAX orders closed with profit at target set at previous NY/Tokyo session level:



Price has gone slightly over this session level and gone back what prove that TPA sessions levels are also good places to set targets for trades.
Looking at above DAX trades examples, the best results can be achieved when combine TPA True Price Action indicator's signals with TPA Sessions levels.

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TPA True Price Action indicator for MT4: https://www.mql5.com/en/market/product/39932
TPA True Price Action indicator for MT5: https://www.mql5.com/en/market/product/40656

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TPA Sessions indicator for MT4: https://www.mql5.com/en/market/product/41643
TPA Sessions indicator for MT5: https://www.mql5.com/en/market/product/41673

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A few examples of trades for GOLD with True Price Action Indicator and TPA Sessions indicator for MT4 and MT5



Yesterday, I opened 2 buy trades on Gold after got TPA indicator entry and reentry buy signals and saw that price respect Tokyo session open level as support, but unfortunately stop loss was too close and was closed on stop loss hunting. When price back over Tokyo session open price, I have opened new 3 buy orders after TPA indicator signals and closed all with profit.

Today I saw new opportunity to open buy orders and use yesterday's session open level as target. All 3 buy orders closed with profit. Look at chart and see how today price respected London session open level as support.

Hello TPA traders !

Here is a picture of today about how TPA Sessions and TPA True Price Action complement each other, when it comes to "targets"

The lines of the sessions do not only show at what prices the sessions started, they give you a kind of "traders compass" where the

market makers are and what they doing right now.

So "reading between the lines" is very helpful, just like in real life "readings" are

Mainstream teaching and thinking of retail traders avoiding looking at the simple truth (true price action) of what and when market makers

are doing their thing. Open your mind and investigate your own thinking about that, of the last years.

Maybe you will recognize how valuable TPA Sessions alone is...

And what TPA True Price Action can do for you in conclusion...

...More ways to read between the lines (literally )



(no filters on TPA True Price Action)

DAX Sessions and how the session lines help you to get in and find a exit.

You can see again, how important opening prices are in the world of the pros.

A magic wand and "Wingardium Leviosa" are not helpful here. The logical base, marketmakers are using every day, is.

Watching open price levels from a day, or more, before is a good idea also.

TPA True Price Action has no filters here, but TPA Sessions is set to a "whole trading day" from session open to session open the next day

and alerts, when price is near a session open price. (Lines are "traveling" candle by candle until full length).

- When you look at the above picture down right, you see Tokyo, Frankfurt, London and New York lines already.

- The actual candle forms the typical return to session start price.

- That means, the marketmakers (which you should follow, instead fighting them) are likely driving price back to,

at least London open (aqua) and chances are very high, that Frankfurt and Tokyo start price will be hit too.

This is a scenario you should always have in your mind, no matter what you trade !

Please take a look what happened next:



This is what it looks on M15 with more and earlier signals:



So why is all that?

Marketmakers driving prices in that zigzag manner out of very important reasons.

One is, to form "discount" moves, or "reaction" moves to gain more traders for their goals (direction).

Mainstream calls it "pullback" or more senseless "correction" move....what ? You can only correct something, if it is wrong, can you?

Another reason is of course, to trick or smart out people.

And here is another one, nobody is even thinking about: TIME !

If they wanted, they could reach their goal (price level) within 10 minutes each day, may it 1 cent price change (100 pips) or 50 cent (5000 pips).

But can you imagine, what impact this would have to companies, whole countries and even continents economy?

Take it as some thoughts, please.

Thanks Guard for a good and detailed explanation how important TPA Sessions is in TPA trading.

Below is the next example of good opportunity to sell trade on GBPAUD:



This pair currently is in downtrend so sell trades give more chance to win. When I saw that price bounced off the NY & Tokyo session levels and got sell signals on TPA indicator I decided to open 2 sell orders yesterday. Today it was closed with profit 136 pips.

I've got another good BUY signals on GBPAUD pair by True Price Action Indicator and TPA Sessions indicator. Previous day Frankfurt & London open session levels was a solid support zone for a price, so we opened 2 BUY trades after TPA signals. Price retested support zone before gone up.

New York open session level was treaten as resistance so I set target for both buy trades just below.

This morning, the TPA True Price Action indicator generated SELL signals. Yesterday when we closed all buy trades near NY session level, price gone slightly higher and broker down.

In the morning I saw price bounces off under prev. day London session level and today's Tokyo session level. what suggested that price should fall down. This was confirmed by descending TPA signal arrows.



I opened SELL order just after London session opening. I opened SELL order just after London session opening and next 2 sell orders at TPA reentry signals.
All sell trades was closed just before pullback. Price back to TPA Line and after NY session opened fell down. I reopened sell order at TPA Line and below NY session level.

TPA Line is a feature of the new version of TPA Indicator. This element will be helpful for determining current trend direction. TPA True Price Action ver 2.0 will be published soon.

Hello TPA traders !

The confirmation signals of "TPA True Price Action" indicator, complement "TPA Sessions", therefore the starting prices and where marketmakers
are going, will be even better to trade, with the new feature, called "TPA Line" !

The picture shows the same frame as the above GBPAUD M15, but with activ TPA Line feature.





The next picture shows TPA Line (current timeframe), but not active, to get all true price action signals generated by the marketmakers without lagging, in real time.



Using the TPA Line, you are able to determine the trend direction (current or higher timeframes), how strong the trend is, through the slope
of the line, and if the market is in consolidation before the next bigger move, when TPA line flats out.

You are not alone, when you trade with "TPA True Price Action" and "TPA Sessions", don`t worry. We are going to start a active trading thread
on our blog on investsoft.com, where TPA traders get help and examples. On FF too.

Announcement: TPA True Price Action will be available with TPA Line on October 12th.
The price for this unique indicator, will be adjusted on November first.

So if you are done with oscillators and other lagging indicators causing more confusion than profit, please think about tracking the marketmakers in realtime.
Please remember: Following the marketmakers is better than fight against them. Reducing pairs or other instruments and trade reentries, is better than
having stress with 12 or more instruments.

Some say, the chart looks cluttered with so many signals. The amount of signals is not important, as it is the past. What counts, are the actual signals, tracking
the marketmakers.

Today were a good True Price Action signals on DAX and GBPAUD. Very similar situations.

Yesterday, after the London session open, DAX started to fall violently. I tried to catch a falling knives and opened 2 failed buy orders at potential support. The effect was a decreasing deposit.

I strongly advise against catching falling knives. It is better to wait until the declines slow down and the price stabilizes at a certain level as it did after the opening of the NY session. There I opened 2 buy orders. My target was at prev. day NY session and it was hit today.



Price went a far away and I could earn much more, but I know that I will never take all pips from the market and I'm happy with each profitable trade.

I will present the transactions on GBPAUD a bit later.

Today in the morning on GBPAUD was a very similar setup to DAX. The price after a fall stabilized near NY session opening level. There was a support. Here I didn't make any mistake and opened 3 buy orders with target at Frankfurt session level.

A moment later price suddenly gone up and hit my target.



When price dropped again to support level, I have reopened 2 buy orders when True Price Action Indicator for MT4 & MT5 shown up arrow and dots.

my last trade using TPA good going so far
SL is dummy it has nothing to with TPA i usually close trades manually(with very small loss compare to shown SL)

Hello asadfarooq,

congratulations to your profitable trade !!

Could you please tell TPA traders and those, who are starting to discover TPA trading, what timeframe you traded and

what settings you used on our "TPA True Price Action" indicator ?

That would be helpful to learn and to compare settings, other TPA traders used.

Thank you very much!