{"id":277,"date":"2020-01-29T13:07:27","date_gmt":"2020-01-29T11:07:27","guid":{"rendered":"https:\/\/investsoft.eu\/blog\/?p=277"},"modified":"2026-01-14T15:53:57","modified_gmt":"2026-01-14T13:53:57","slug":"how-to-properly-set-up-tpa-sessions","status":"publish","type":"post","link":"https:\/\/www.investsoft.eu\/blog\/2020\/01\/29\/how-to-properly-set-up-tpa-sessions\/","title":{"rendered":"How to properly set up TPA Sessions"},"content":{"rendered":"\n
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Get TPA Sessions MT4 or MT5<\/div>\n
\n Visit the official TPA Sessions product page and get it for yourself. Mark session opening levels on chart and add session alerts for better timing.\n <\/div>\n \n Visit TPA Sessions Website\n <\/a>\n<\/div>\n\n\n\n\n
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TPA Sessions Indicator ver. 2.0 for MT4\/MT5 <\/figcaption><\/figure>\n\n\n\n

Session opening levels are frequently points, where market makers let price return, to draw in the opposite participants, into the direction of their goal.<\/p>\n\n\n\n

This is one of the methods, market makers use, to give a “discount” to reach the price levels they want.<\/p>\n\n\n\n

TPA Sessions indicator is important complement of TPA indicator to make trading more effective and also can be used for exit strategy. <\/p>\n\n\n\n

It needs to be well-tuned to get benefits of using TPA sessions indicator. Due to different time zones and Daylight saving time<\/a> (DST) in some countries (regulated by individual countries) it is not possible to auto-adjust indicator in each case, so before using the indicator it is necessary to check if we have correctly set times.<\/p>\n\n\n\n

To verify our session opening time settings, we will use one of the most popular portal for forex traders the forexfactory site. You don’t need to have an account there to compare session times. How to do it? Here is the step-by-step instruction:<\/p>\n\n\n\n

1. Set “Show Times Board” = TRUE in indicator’s settings window to display panel with GMT and broker session times. <\/p>\n\n\n

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TPA Sessions indicator settings window<\/figcaption><\/figure>\n<\/div>\n\n\n

2. Click on the clock in the upper right corner of forexfactory main page. Set your broker’s timezone<\/strong> and Time Format: 24h<\/strong> and click “Save Settings<\/strong>“.<\/p>\n\n\n\n

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forexfactory timezone settings<\/figcaption><\/figure>\n\n\n\n

3. Go to the calendar and check if there is the same time as in your metatrader terminal.<\/p>\n\n\n\n

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compare times in metatrader terminal with forexfactory<\/figcaption><\/figure>\n\n\n\n

\n4. If times are the same, you can go to the Market tab in\nforexfactory.<\/p>\n\n\n\n

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forexfactory market tab<\/figcaption><\/figure>\n\n\n\n

\n5. At the bottom of this page you will find sessions block where you\ncan read start times of individual sessions. Compare it with times in\nTPA sessions board. \n<\/p>\n\n\n\n

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comparing session open times<\/figcaption><\/figure>\n\n\n\n

\nIf times are different you can adjust them by increasing or\ndecreasing Start Time (GMT) parameters.<\/p>\n\n\n\n

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setting the appropriate session opening time<\/figcaption><\/figure>\n\n\n\n

\nIf times are the same, now you are ready to trade with using TPA\nSessions indicator. \n<\/p>\n\n\n\n

Other indicator configuration options<\/strong><\/p>\n\n\n\n

In the TPA sessions indicator ver. 2.0 each session line can be marked by a flag or session name by selecting the appropriate option in the “Line Marker”<\/em> parameter:<\/p>\n\n\n\n