In version 3.00 of Trade Manager we introduced new open / stop / target lines with a completely new look and additional functions. Line handling will now be easier and more convenient. The entire block can be freely moved in the chart area by clicking on the opening price bar and also widening and narrowing the entire block by clicking and moving the mouse at the right or left edge of the block. There are buttons on the bars: Reverse Button a button for quickly…Continue Reading “TRADE MANAGER MT4/MT5 – WHAT’S NEW IN VER. 3.00”
After over a year of presence on the market of the TPA True Price Action indicator and consultations with our customers, we are introducing a new option in the indicator. It is an option in the “Early signals” filter and it improves the signals. When this option is turned on, the signals appear earlier than usual. However, please note that the signals in this option are not 100% non-repaint. Occasionally, especially with sharp changes in the direction of the market, some signals may disappear. However,…Continue Reading “TPA – early signals mode”
OCO (One Cancels the Other) A one-cancels-the-other order (OCO) is a pair of conditional orders stipulating that if one order executes, then the other order is automatically canceled. After activating the OCO function, Trade Manager “remembers” all pending orders and when one of them is activated, the rest are deleted. WARNING! Removing one of the orders does not cancel the other ones, but only activation the pending order will do it. Drawing and clearing lines (open, stop and target) is on the one button After…Continue Reading “Trade Manager MT4/MT5 – what’s new in ver. 2.40”
The partial close is a feature that allows you to only close part of a trade, therefore securing at least a small profit from early close on a portion of that trade or perform a phased exiting from a losing trade. In Trade Manager, you can perform partial trade close automatically or manually. Manual closing part of Trade On the panel in the main tab is a button to close part of the trade. What part of the transaction will be closed after clicking the…Continue Reading “Trade Manager MT4/MT5 – partial closing”
Session opening levels are frequently points, 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. TPA Sessions indicator is important complement of TPA indicator to make trading more effective and also can be used for exit strategy. It needs to be well-tuned to get benefits of using TPA sessions indicator. Due to different time zones and…Continue Reading “How to properly set up TPA Sessions”
Forex TPA indicator reveals the true actions of the marketmakers when they happen, without “lagging” calculations or vague interpretations of volume etc. “Do not fight against the marketmakers, just follow them” is the best advice a trader can get. TPA indicator shows signals every time the bulls are definitely stronger than the bears and vice versa. Entry and reentry buy/sell signals Signals occur always right at the closed candle to confirm the true price action. The indicator doesn’t repaint (no recalculation with different results) and no delay….Continue Reading “TPA True Price Action MT4/MT5 Indicator”