TAS Market Profile: Trading Software Review

TAS Market Profile trading software is powerful and can transform your trading.

The TAS Market Profile tools are one of the few gems in the trading world that I truly stand behind. In this review, I’m going to share with you the top 5 features of TAS and my philosophy on why high-quality trading tools matter.

Profitable traders know that having the best trading tools is essential for maximizing trade performance.

Why is this so true?

Well, analytical trading tools help us identify the best market opportunities. In the past, I have tried many indicators and analysis tools. The total number is more than I care to admit. None of them ever seemed to work as well as advertised.

“The right tools can transform your trading.”

A few years ago, I started talking to a fellow trader who suggested that I try TAS Market Profile tools. I had already been successful at trading by my personal standards for quite some time. My previous success combined with my good friend who is a trusted source for recommendations eliminated my concerns that it could have been a scam. I still wanted proof. There was still a big looming question:

Why should I pay extra and spend the time to learn something new when things are already going so well?

In this review, I will share and highlight those features that turned me from a skeptic into a convert and then from a convert into a lifetime TAS trader.

TAS Market Profile impressed me so much and was such an asset to my trading that I consider it a must for serious traders regardless of where they are on their trading journey.

So let’s move on and learn more about TAS Market Profile, including the features that make it so great that they converted me from quiet at home trader to the vocal proponent of the TAS trading methodology I am today.

The Top 5 Features of TAS Market Profile That You Should Know…

Looking at a few screenshots, it could seem like any other technical analysis indicator that gets applied to the chart.

However, there are many features that make this toolset remarkable, and I want to share with you those that are the top 5 in my opinion.

TAS Market Profile – Feature #1: It works with every asset class, from stock to futures to Forex

Did you know that symbol-and-timeframe-specific indicators have the shortest lifespan? The short success issue is even truer for most of the overly optimized chart indicators.

Many striving traders ignore this fact and end up mesmerized by unrealistically high short-term returns shown by backtests. The results are high because of over-engineering through excessive tweaking and the use of hindsight.

Being awestruck by high returns in over-tweaked backtests is a big mistake and a disaster waiting to happen.

Contrast this with the TAS toolset. The TAS Market Profile tools maintain their effectiveness in every tradable market through all market conditions. Stock traders, Forex traders, and commodity futures traders (just to name a few) all benefit alike from what these powerful tools can do.

If you’re wondering how they do this, here’s a great excerpt:

TAS Market Profile achieves multiple asset class applicability by illustrating a concise and useful summary of the three immutable data points in capital markets trading: time, trade price, and volume traded.

Tired of learning different strategies for different markets or have concerns that the trading skills that you develop are not cross compatible with other asset classes? Now you don’t have to worry.

TAS Market Profile – Feature #2: It works on every charting timeframe

Timeframe flexibility is another great feature from which TAS Market Profile traders benefit.

Do you know that most successful traders end up changing the chart interval that they trade at least once in their trading career?

Being flexible with your chart interval is a benefit because it can reduce risk and increase opportunity count. TAS Market Profile tools can make the transition with you, the trader, keeping your core strategy intact. Bottom line, it gives you more flexibility.

Watch this quick video of TAS working in different timeframes from a webinar I did:

Trading requires flexibility and serious traders want flexible tools that can handle market volatility. Simply change the chart interval in your trading platform, and your TAS Market Profile indicators will change with your chart.

TAS Market Profile – Feature #3: It comes already configured with optimal settings

If you have ever wondered whether the 100 period moving average is more significant or works better than the 200 period moving average, you are not alone. I still wonder.

With TAS indicators, it’s easy. Not only is there a statistical edge in the methodology, but also the default levels themselves have been pre-customized based on research.

The research is done by the in-house team in conjunction with the feedback that is sent in from institutions, proprietary trading desks and professional traders who use and are big fans of the software.

This knowledge and experience of how the pros tweak the software are shared with you. Forget about having to try dozens of settings before finding something that works for you. TAS Market Profile tools are ready to use just as soon as they are installed.

TAS Market Profile – Feature #4: Extremely versatile tool for many strategies

Do you already have a trading strategy that’s working for you?

Great!

An excellent feature of TAS Market Profile is the ability to use the indicators to strengthen an existing trading strategy or to use it as a standalone tool with the TAS methodology.

With TAS Market Profile, your trades become enhanced through your knowledge of where the current trading is taking place in the larger context of market action.

Don’t have any trading strategies yet?

It’s not a problem because TAS Traders learn new strategies as well as ways to customize them to make them unique to each trader’s needs.

TAS Market Profile tools can also be used to complement discretionary entry trading. It acts as a trade management tool.

TAS Market Profile – Feature #5: It can help you systematically reduce risk

Finally, the 5th feature in the list ties into trade management. TAS Market Profile Tools work to reduce risk systematically in a trade.

Naturally, any trader can reduce or eliminate risk in a trade by closing the position. The key benefit of systematically reducing risk is maintaining exposure to further profits while limiting potential losses.

This is achieved in one of three primary ways:

Trailing a stop using advanced TAS Market Profile dynamic levels.
Scaling back position size through the constructive price action as Dynamic Profile levels develop.
Scaling up a position only as the TAS Dynamic Profile levels confirm the validity of the original move.

Watch this quick video to see how it works:

The features of the TAS Market Profile tools and methodology allow a trader to achieve massive risk reduction benefits. It’s just one of the many features of the tools and methodology.

Conclusion: Is TAS Market Profile worth it?

In this review the goal was imparting my appreciation for the TAS Tools. I also wanted to showcase and share some of the key features and benefits that the software and methodology provides.

There are so many features that make TAS Market Profile a remarkable trading asset. In this article you just learned my top 5. The TAS tools have done so much for my trading that I make it a personal mission to pass on my recommendation to as many traders as I can.

Don’t have TAS yet? Click here to visit their site and learn more about this powerful software.

For more day trading techniques, tools & strategies, check out these articles:

I wish I’d known about TAS Market Profile right at the start of my trading career. It’s one of the few things that has stood the test of time and evolving market.

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