TMS Free vs Premium
Note that features marked as “Premium” are only available on our Premium version.
Currency Strength Meter
- Tracks all major FX pairs & Gold.
- One-click to buy, sell, and close trades for a specific currency.
- Track additional 9 instruments such as Indices, Commodities, & Crypto (if supported by your broker) – Premium
- Receive alerts for strong & weak currencies, along with suggested pairs – Premium
Trend Scanner
- Easily track trends of multiple pairs across multiple timeframes.
- Trend calculation by moving average.
- Trend calculation by trading signals - Premium
- Suggests Strong Buy or Strong Sell on the Summary column - Premium
- Trend scanner data that shows signal success rate, total signals, rating, & total wins – Premium
Trading Signals – Premium
- Receive high win-rate trading signals of multiple pairs across multiple timeframes.
- Supports up to 3 take profit targets, a stop loss, an entry price, and associated win rate for each take profit target.
- Receive trading signal alerts directly to your mobile phone, email, or MT4 terminal.
- Plot trading signals directly on the chart.
- Non-repainting signals.
Auto-Trading – Premium
- Automatically open trades once a trading signal is generated and close trades once it hits your desired take profit or stop loss level.
- Supports all Position Strategies for greater flexibility based on market conditions.
- Supports auto-trade filters such as win rate filter, news events, max spreads, trade by time, and more.
- Auto-trade multiple pairs on just one chart.
Trade Manager
- Access to Buy, Sell, Close, & Edit functionality.
- Display profit/loss of running trades in points, dollar amount, and balance percentage.
- Partial close of trades by lot percentage.
- Close trades by profit, loss, buy, sell, pending, or all trades.
- Automatic lot size calculation based on risk percentage.
- Partial close of trades by lot size and dollar amount in profit/loss - Premium
- Automatic lot size calculation based on dollar amount– Premium
- Set stop loss to Supply/Demand level when opening a buy or sell trade – Premium
- Set risk to reward ratio when opening a buy or sell trade – Premium
- Set take profit & stop loss size based on volatility using ATR Multiplier – Premium
- Fully hedge a trade, partial hedge, and one-click reverse a trade – Premium
Trailing Stops
- Automatically move your stop loss in the direction of your trade.
- Tracks the trailing stop by points in profit.
- Tracks the trailing stop by volatility (ATR), partial close, and moving average – Premium
- Trail your stops by a set interval in minutes, hours, or days – Premium
Breakeven Stop Loss
- Automatically move your stop loss to breakeven price.
- Tracks the breakeven SL by points in profit.
- Tracks the breakeven SL by a percentage of take profit level that has been reached – Premium
Partial Close
- Partially take profits/loss from trades once they hit a specific distance from your target.
- Partial close TP1
- Partial close TP2 & TP3 – Premium
Advanced Order Management
- Manually open trades using Position Strategies such as the Recovery strategy.
- Open trades using Position Strategies such as Triple Targets, Recovery w/ hedging, Profit Ladders, Trend Breakout, and Grid Matrix - Premium
Price Action Tools
- Swing high & swing low which plots key levels and shows identification as either higher high, higher low, lower high, or lower low level.
- Engulfing bar pattern
- Automatically plot Supply / Demand zones on your chart - Premium
- Automatically plot Fibonacci Retracements on your chart - Premium
- Automatically plot Trend Lines on your chart - Premium
- Pivot Points - Premium
- Donchian / Keltner Channels - Premium
- Popular Candlestick Patterns – Premium
Trading Sessions – Premium
- Identify trading sessions directly on your chart.
- Determines the volatility of each session based on sessions low/high.
AI Copilot – Premium
- Uses AI to generate Market Forecast and trade analysis on your trade positions.
- Uses AI to summarize recent news, economic data, and economic indicators such as CPI, NFP, federal funds rate, unemployment rate, treasury yield, and retail sales.
- Uses AI to generate custom strategy code by writing your desired trading strategy as a prompt.
- Uses AI to analyze the market and determine if they are trending or ranging.
- Built-in ChatGPT that can answer queries related to TakePropips and Forex trading.
Trading Signal Strategies – Premium
- Trend Ranger which adapts to both trending and ranging markets.
- Support / Resistance strategy which works best in ranging markets.
- AI Adaptive Machine Learning strategy that can adapt in any market situation and provide high win rate signals.
- Secondary strategies that can be used as a confluence to the main trading strategy.
- Standard strategies included.
Custom Strategies – Premium
- Create your own custom trading strategy without the need to code using our own custom strategy creator tool.
- Custom strategies that can be used to generate trading signals and automate trades.
Task Manager – Premium
- Automate trading tasks.
- Automatically open or close trades once the price reaches the horizontal or trend line.
- Automatically open or close trades based on specified date/time.
- Automatically open or close trades based on price closing above or below the target horizontal or trend line.
- Supports Position Strategies for greater flexibility based on market conditions.
Technical Dashboard – Premium
- Quickly see the values of a specific indicator on each pair across all timeframes.
Account Report
- Displays detailed statistics and performance of your trading account.
- Displays detailed trade transactions of your trading account.
- Filter the results by pair and date.
- Pairs Performance Reports that display the performance of each pair traded on your trading account – Premium
Notifications History – Premium
- Displays trading signal alerts history for reference and can be filtered by pairs & date.
News Management – Premium
- Keep track of the latest and upcoming news for all major currencies.
- News events available as a filter for automatic trades.
Technical Data Panel
- Shows the current spread, price info, and a countdown timer for the next candle.
- Shows technical information from RSI, Stochastic, MACD, Momentum, Volume, and Volatility. – Premium
Drawdown Protection | Profit Protection – Premium
- Set a max limit drawdown on your account which can be tracked on a daily, weekly, or monthly basis.
- Set a profit protection on your account to lock in profits and avoid overtrading.
Floating Profit/Loss Protection
- Track and manage the floating profit/loss of your trades on each pair.
- Automatically close trades once it reaches your desired floating profit/loss in points.
- Track and manage floating profit/loss by dollar amount and as a percentage of your account balance – Premium
- Track and manage floating profit/loss of all dashboard pairs - Premium
Other Features – Premium
- Stealth Mode & One Cancels the Other (OCO)
- Plot trade history of your account directly on the chart.
- Fast Buy / Fast Sell option
Preset Files – Premium
- Optimized settings for multiple pairs.
Technical Support – Premium
- Technical support is available to all Premium users.
- Priority support & remote installation available to all Premium users.
- Receive free software updates as they become available.
Private Group Chat – Premium
- Private group chat for Premium users.
Upgrade to Premium
Upgrade to Premium to unlock all the powerful features available in this trading system: https://takepropips.com/tms
Ready to upgrade? Use discount code PREMIUM10 at checkout for extra 10% OFF