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”
Hello traders, today we are starting to show you some TPA trades combined with TPA Sessions, including important explanations. We would like to demonstrate the potential of TPA and TPA sessions to make you look at the markets in a different, more simple way. Please remember, we are not providing trading advices, you are always trading at your own risk. This is just a way, TPA could be used!!! GBPNZD M15. Settings: TPA Line active (short term filter), H1, periods 21, Smooth Factor 3 (bit…Continue Reading “Live trades with TPA and TPA Sessions + Explanations.”
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…Continue Reading “Real TPA trading with instruction manual !”
Hello TPA traders !! TPA True Price Action indicator will be available with the TPA Line on October 12th. The price for this unique indicator, will be adjusted on November first. The following pictures showing TPA True Price Action indicator with the new TPA Line and our TPA Sessions indicator (colored lines of Tokyo, Frankfurt, London and New York sessions opening prices) This is just an example of GBPAUD M15 chart for comparing some possibilities, to use this unique feature of the TPA Line. You…Continue Reading “Announcement respective TPA True Price Action MT4/MT5 indicator.”
Hello TPA traders ! Here is a actual picture of the GBPCAD M15 chart, with the new TPA Sessions indicator and TPA True Price Action set to M15, period 21, price close (default for a reason), long term filter H1. The colored lines showing the different sessions start and are extending till sessions start the next day. You can choose how many hours you would like see. If you like, you get a “heads up” alert, when price is moving towards sessions opening price, by…Continue Reading “TPA Sessions and TPA True Price Action complement one another !”
Hello TPA traders and welcome to our blog ! We will have a friendly, serious and constructive atmosphere here. This part of our blog is for TPA only and won`t get as “messy” as on other platforms. There won`t be 10,000 useless posts about nothing, where everybody will get confused and lost in the end. We will arrange this blog to make it easy to find all answeres, even when a trader joins us in about six months. A section with questions and answeres will…Continue Reading “All about TPA”
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”