Real TPA trading with instruction manual !

Categories TPA trading

Hello TPA traders,

thank you for your patience, to wait for the promised blog about trading with TPA True Price Action 2.0 and TPA Sessions indicator !

As we are no pro marketers, it took a while to handle all the work and preparing. We created a whole new view on the charts instead. Out of seven years of trading experience and the conclusion, that mainstream teaching and trading, leads to nowhere. There must be something simple, nobody is talking about…

Quick recap, what TPA is all about:

TPA (and TPA 2.0) is not another fancy indicator with a fancy algorithm trying to place some arrows up and down.

It mirrors the victory of the fight between the bears and the bulls when it happened, without repainting or lagging, in a certain amount of time.

Please remember to ask yourself all the time:” Who is control, the bulls or the bears ??

Therefore, candle by candle can be traded as additional trades and not just a breakout or other mainstream entries.

So this is the real deal in the real world of marketmakers in all markets.

The same reality, as session opening prices attracting them, during the day, or days later.

What does that mean, the “victory” and arrows and dots, when it is called “price action” ?? Usually nothing, but candles are to see on the chart.

The “victory” after each candle, dictates even the big boys, where market is going. They need direction too, to generate their profit.

The arrows and dots, and now a TPA Line in TPA 2.0 are necessary, to make you “see the true price action” on your chart. You can make them all invisible and go just by the alerts, if you like. The filter TPA Line helps to not get caught in every little counter trend move and market changes direction for a short period of time. No filter means ALL signals, no lagging because of a setted period, just pure, raw price action.

Ascending and descending signals are like “footprints in a snowy, remote area” you can follow. If you decide to “not fight against the marketmakers, just follow them”.

Every trader knows, that marketmakers like to leave “misleading footprints” and so we have to deal with it , as good as we can, even in consolidation!

Here is the TPA trading instruction manual : (more to come)

  1. Check the current trend, determined by the TPA Line. Up, down, sideways? Is there a consolidation in current or in a higher timeframe (not or hard to trade)?
  2. Is the trend strong, determined by the slope of the TPA Line?
  3. Are there ascending or descending signals in sync with the TPA Line (all colors, when no filter)?
  4. Check the overall trend in a higher timeframe, (H1, or higher, set to 50) at least once a day!
  5. Look for CONFIRMATION signals by TPA, when session opening prices are touched and rebound OR after the break of session opening prices!
  6. Look out for TPA Session lines from a day before or more too, as targets or maybe end of the move!!!
  7. Settings for overall trend: TPA Line active, H1 set to 50. 50 because the pros are using this timing tool since decades and most of them define the trend with it and NOT with higher highs and higher lows (up) !!! H1, 50, can be used for trading in lower timeframes AND the next higher, as the TPA Line is displayed there as well! H4 and D1, 50 for longterm trend of course.
  8. Settings for trend: TPA Line active, set to 21 (a reason for default) in any timeframe. Both, 50 and 21, active, showing signals in trend direction only?
  9. TPA Line set to 50, 21 or any other setting, but NOT “active”, shows still the TPA Line, but with ALL signals produced by the marketmakers !!! In both directions! True Price Action shows, where you STILL can follow ascending/descending signals in sync with the TPA Line.
  10. Please consider to reduce your traded pairs or instruments to a fraction, to not get overwhelmed by so many reentry-signals. That way, you reduce stress, but increase profit, by adding up trades, or “scale in” your trades!!!

Disclaimer: All on our blog is no trading advice, just a way, TPA could be used. You are trading at your own risk.

Monday, October 21th.

Hello everyone,

here, some pictures about the instruction manual and some facts.

The settings, TPA Line active, long term filter off, period 50 on current, one or two timeframes higher, are very, very important and profitable, if you check the manual and pull the trigger, of course. Please take a look.

As you can see, even a “slow” setting of 50 (marketmakers are using this period for timing since decades and you can see, it is true) shows the trend, the trend strenght, by it`s slope and filters out countertrend moves, or “discount” moves, to convince traders, moving in “their” direction, reaching goals.

Now imagine, even for 5 minutes, you do not need “volume interpretation”, no subwindow indicator bouncing between 0 and 100, no fancy “holy grail indicator from a guru”…

…and come to the real deal, marketmakers are producing every day, in every asset and every timeframe….

“Who is in control, the bears or the bulls?” Do not fight them, follow their “footprints”. Compare different timeframes. Get earlier entries and more reentries, the smaller the timeframe, you trade.

If TPA Line is activated, consider to use fibonacci numbers as periods! They are important for timing too, not only for price levels, mainstream is teaching!

So 5, 8, 13, default 21, 34 next to 50(no fib) can be very profitable in every timeframe, in every asset or instrument !

Example and another interesting feature of TPA is:

Using those settings on M30, but active TPA Line is set to M15. That way, you see what is going on in the next lower timeframe ! Or a daily chart, but 21, H4 !

Here is a picture from today with a “not so beautiful” trend. Please take a look, how TPA sessions combined with TPA True Price Action, even in this situations, support your decisions. Point 6 of the instruction manual is truly profitable!!!

This one is the same picture, but M15 with TPA Line from M5. That way, you can see the TPA Line from the lower timeframe, in the higher timeframe. Less signals of course, as they only appear at the close of a candle.

This is the overall trend H1, TPA Line activ, 50 H1, long term filter off. Trend went into sideways motion, but on the lower timeframe, with faster settings, profit can still be made.

Wednesday, October 23rd

A “must read” review from the very experienced, but not paid (sorry… :-), customer “Speedbug” !

https://www.mql5.com/en/market/product/39932#!tab=reviews

What about Binary Options ?

Binary Options are definitely to trade with TPA and TPA sessions, too !!

A question, from one of our customers “Igonah” on mql5, trading binary options with 5 minutes expiry, answered like this:

Open a M15, a M5 AND a M1 chart with settings: TPA Line active, H1, 21. The M15 chart, to see the overall trend at a glance, where marketmakers are and what they are doing throughout a day or two. NO alerts on !

The M5 chart, same as above, NO alerts on !

The binary options trading (scalping forex of course too) happens at the M1 chart. Alerts ON ! Compare all three charts, look how price is moving towards and away from the sessions opening prices. Check confirmations by TPA reentry signals. Bring ascending/descending signals in sync with the slope of TPA Line !

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Friday, 25th of October

An example of how a trading setup could look like:

Of course are major signals (arrows) with or without filter (TPA Line) active, the first choise. But “reading between the lines” (literally when TPA Sessions is used ;-), session opening prices can be the trade setup too.

Take profits (targets, exits) can be:

  1. A certain amount of pips. In trending pairs like GBP pairs, more than in less trending pairs, like EURUSD. So please take a look around, if you do not trade those trending pairs.
  2. A past (or more) session opening price level(s).
  3. The last high/low.
  4. A round number.
  5. The opposite major signal, either you are trading true price action without any filter, or with TPA Line active.

Stop Loss(es) can be:

  1. A recent session opening price level, which can be “cheaper” than the last high/low.
  2. The last high/low, when there is coincidence with a session opening price, may it actual or three days old. (Please do always keep an eye on older lines).
  3. Trailing stop loss to new session opening price levels (with buffer).

Please take a look at this example. (To illustrate only)

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As with our respected customer Simon communicated:

Consider trade setups with other price action tools, like a trendline !!! Remember, that you have the best confirmation tool in your hands now! The marketmakers actions (who is on control right now?)!

If you have other usefull tools, or if you are working with “channels”, another price action tool, even better.

By the way: TPA True Price Action indicator works with HeikenAshi Candles too!!

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Tuesday, 29th of October

A actual picture, to show you possible setups, but most of all, that you are on the right track with TPA and TPA Sessions indicator.

TPA settings: Hide TPA Line, current (M30), 5, active (fast setting, but still filtering).

You can find a bit more about it here:

https://www.forexfactory.com/showthread.php?t=946318&page=2

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Same picture, a day later, without filters, zoomed in. Hard to trade, but this one is for a different view at the markets, you may find helpful.

The “percentage” tool is standard in your MT4 and called “fibonacci drawing”, but changed from fibonacci to percentage. To a “price action tool” if you will.

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Thursday, 31 of October

Something about Gold.

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Tuesday, 5th of November

Hello again,

due to many questions about TPA and TPA Sessions, I would like to clarify some important points and the SIMPLENESS of TPA.

Please do not over-complicate the most simple facts you see, when TPA True Price Action indicator is on your chart.

TPA was invented and coded to finally let go mainstream teaching, talking heads trying to sell expensive trading courses and let trading look like rocketscience to have a “right to exist”.

What do you think the “carved out of stone” hearsay is comming from: “95% of all retail traders will never make it”

It is just because trading HAS to be impossible to the small people. But wait a minute, there is only two ways a price can go, a four year old can follow “footprints in the snow” or a stupid line on a “computer game” if it is going up or down, right?

I very much apologize for not being clear enough and not good enough teaching about TPA in the last weeks.

It was because I was sure, everybody can see at a glance, how much potential TPA has, once it appears on the chart.

So here are very, very important things, you HAVE to know AND to understand:

— TPA True Price Action`s core is to use it WITHOUT any filter, to see in real time, without repainting or lagging, what marketmakers are doing and where they are haeding in real time. (after candles close, to get a save information of course).

— Without filters, you can “kind of” catch tops and bottoms, by confirmation signal of TPA. Trendline tool of MT4 is recommended, or channel tool, or TPA Sessions indicator. I mean confirmations of rebound and/or breaks .

You NEVER can catch tops or bottoms with a filter on, nowhere in trading!

Because of the periods you set. Periods always mean, “after the amount of periods”.

Filters are profitable when you know what they do and use them that way.

— Filters on TPA are a kind of “extra”, made to filter out noise, small or big pullbacks DURING a trend, AFTER the turn happens.

The pros talking about “Cut the tail and the head of a fish and enjoy the meat in the middle”.

If the slope of TPA Line is still steep, but marketmakers try to trick you with a lower low and a lower high for example, trend is still intact, proved by the next TPA signal into trend direction of the TPA Line.

— The long term filter of TPA can be combined with the short term filter “TPA Line” but is mostly not necessary, as the periods on the short term filter, can manage your trading style.

— I am sorry to say: NO, TPA is no magic weapon against losing some trades.

There is nothing you can do about the actions of the marketmakers dirty game with money, a lot of money.

If the markets are “flat” or a “mean” move to stop you out in a text book trend.

Some “footprints” they leave, will cost you money.

Not fair to claim something else !!!

Please take a look at the following picture and let go mainstream thinking for a while and look for the simple logic marketmakers are practicing and how you can follow with TPA and TPA sessions.

This one is a “extreme” setting example, just to make you “reading between the lines”.

No, not between the TPA session lines. 🙂

I realy hope I could make some points more clear and take away some confusion and fear.

The picture shows, how important it is to observe ascending or descending siganals, in this case only one color (for short) and bring them in syncronisation with the trend of H4, when trend is traded and not the counter trend move.

Please have a look what TPA traders say:

https://www.mql5.com/en/market/product/39932#!tab=reviews

Best Regards

The TPA team

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Wednesday, 6th of November

Hello TPA traders,

here are some interesting settings on Gold, M5.


Possible way to trade TPA.

No matter what timeframe, every time a candle closes as a dominant candle, in this case bearish, a reentry signal and a alert of your choise appears. Pop-up messag, Email or notification. How and when, you handle this, is your personal trading style and choice.

To not use this extreme trend example shameless as a “wonder weapon” against all negative aspects of trading, a realistic scenario is drawn, to illustrate a traders every day schedule.

Important is also, that when a sideway phase ends and marketmakers decide to start “moving” long or short, you can start to follow them too. Either with the first entry signal right away (arrow), or if you do not trust the first move of the marketmakers, after the second “confirmation” signal (dot).

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Wednesday, 13th of November

Hello TPA traders,

Another great example of TPA trading on Gold, M15.

Yesterday afternoon we could observe on gold how price bounces off Tokyo and Frankfurt sessions levels.
Please take a look how TPA lines becomes more and more flat in this stage.

In the some moment, price broke down and quickly retuned to range. It was a typical market maker’s trick called false breakout or stop loss hunting.

After this, price returned to range and went to the upper band. In this time TPA Indicator generated BUY signal. This is the first opportunity to open trade. In the next step price returned near Tokyo sessions level and made retest. Before price breakout, Tokyo level was an resistance (price bounced off this level a few times) but after went over this level this is a support level. This is the 2nd chance to open buy trade after the TPA indicator’s signal.

Initial stop loss (to protect account) and take profit can be set in many ways. It is all personal decision and trading style.

In this example potential stop loss can be placed below Frankfurt sessions level and take profit can be set at the previous New York or London sessions levels.

With such placing of stop loss & take profit you can have risk reward ratio at least 1:1 or even 1:2 what is important to keep positive result of your trade series in the long term.

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Friday, 15th of November

Hello traders,

if you read all about TPA and TPA Sessions on the threads on FF and here on our blog, you know already that you are in the middle of “2,000 $ trading course”…but free of cost !!

If you are new here and just don`t have the time to read for hours, grasping the pictures, the trades with explanations and all the important insides about overall trading, you could read the following and use it as a personal checklist.

A checklist, nobody can help you with, to answer, because everything in your life is your decision and your personal attitude !

In my almost eight years and more than 15,000 charthours (TPA and TPA Sessions were born from), I learned, that trading is by far the hardest reflecting activity I ever did, when it comes to the truth about myself, my attitude, my decisions.

Yes, I am ashamed, that I was so brainwashed by the mainstream thinking and teaching about trading, and wasted so many years and money, to find out by myself, this is not the way I can ever make it in trading.

Your checklist:

# 1 (with a huge distance to all following) What is better for me, for my freedom of time and for my financial freedom ?

Following the “Smart Money” (marketmakers, large banks, institutions)…or…the “Non-Smart-Money” ???

(realy thinking to make it with “freebies”, cheap “robots” and “signal-services” or study (buying expensive courses) outdated “Classic” technical analysis, based on oscillating indicators, possibly adding several up, to get “insurance”.

# 2 Is trading nothing more than a “Game” for me…or did I make the decision (!) to be a serious trader making enough money to have a good life ???

# 3 Do I understand and accept, for myself, that it is better for me, to not fight the “Smart Money” and join them instead ???

Which would be the opposite of following the “Non-Smart-Money”!

Can I put away my illusions about the market, my approach so far. Can I let go expensive “traditional” training programs?

Can I “refresh” and open my mind, to see, what marketmakers are doing?

Will I ever accept, that trading is certainly not easy, but no rocket-science either, like “they” try to sell me ?

For those, who are already working with TPA and TPA Sessions:

# 1 Can I “systemize everything” ? As I am not sure “what”, “when” and “how to” trade.

Yes, you can! No matter “what”, no matter what timeframe, but certainly “when” (sessions with momentum), you “could” for example use strictly (!!!) only one setting, no matter what, (if market is flat, go away, of course, it is a part of systemize)

You could trade all entries plus reentries in this “filtered area”. Example: Timeframe “xy”, TPA Line active, Long term filter off, periods 8, current.

Put on those settings and observe the past of your traded (better good trending ones) pairs or other assets.

Check out, what “the filtered area” looks like, and where price “hits” or “crosses” the sloping TPA Line. This “exits” all trades, either by touch, or close behind that line.

If market keeps on trending later into the same direction….get back in….systemize it.

Observe “wider” and “tighter” settings (filtered areas), to find YOUR style to systemize everything.

You MUST know, beginner or not, when something is systemized, you have to accept losses, you will not win all, but way more than losing in healthy trending markets. Can you accept this fact ?

This is just another, of many ways, you can join the “Smart Money”, to follow the marketmakers.

Please remember: This is all for education only, it is not a trading advice. And it is free for you. You are trading at your own risk.

Do not over-complicate everything! Make your decisions.

Best Regards

The TPA team

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Tuesday, 19th of November

Just in case you concentrate on this thread only, here is the answer a respected customers asks about M5 settings:

Hello Hawey!

Thank you for renting probably the last indicator you ever need! 🙂

To assure yourself, that this is not a gag, we will help you in the best way we can. But please notice, that we are not allowed by law, to give you certain trading advice.

Especially after “certain people” got a bit nervous about TPA.

First you “could” observe TPA on your preferred time frames and pairs, without any filter. Just pure and clean TPA in the past days, maybe weeks.

All alerts off, to not get disturbed, watching ascending and descending signals. Major signals with arrows and follow up signals, reentries with dots. TPA Line should not be visible at first.

To “manage” so many profitable (as they never repainted or lagged) signals, you just have to understand: This is the past, and while I am trading during the day, they help me, finding profitable setups for the next hour, or hours.

Then you “could” draw trendlines and observe, how price
bounced off or broke them and see how TPA confirmed such
happenings, to get the next step further, studying the past to
learn for the future.

You will quickly realize, that TPA without any filters, or visible TPA Line, has no “waiting for turns of setted filter periods”. This is “True Price Action” of the marketmakers.

Once you are familiar with this fact, you “could” add the
TPA Line and make it visible, but not “active”, to study
the pure TPA signals moving along with TPA Line, period
21 and (important), other settings to compare!

The next step “could” be, to activate the TPA Line, to compare
(maybe on a second, identical chart), what it means:
Pure TPA and TPA with activated TPA Line.

This is the best way, to dive into TPA and discover trading possibilities (not only the additional reentries), you never saw before.

Now that you are in this stage, please try different settings, even with the dropdown menu for MTF function, to understand, how your pairs “behaved” in sessions with strong momentum, in sideways, quiet times and how you can match those to your trading style and time to trade during your day.

Please remember, we are not allowed to give you trading advice and that you are trading at your own risk !!!

Best Regards
The TPA team

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