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