TP existed well before compounds. One problem is that it can have a lot of symptons, some that don't even fit the classic definaition. The common thread is that either you're not, or think you're not in control of the shot.
First thing to do is to determine if the problem is between your ears or between your shoulder blades, or some other body part that can't handle the shot or bow. It's not as easy a distinction as it sounds.
If you're sure it's between your ears, meaning you've removed any physical causes like being over bowed, uncomfortable tab/glove etc, then you have to regain control of the shot.
Best way of doing that is with NO FIRE drills. Set up for the shot as usual, but commit to a 3, 5 or 10 count and then let down. While at anchor, focus on the spot you want to hit while maintaining the pull with your back. Repeat it a number of times ontil it sems easy. Then after the count and the focusing, release.
There are other variatons on the NO FIRE drill, but the principle is the same. If you have a shooting partner, repeat the exercise, but your partner (after a few seconds) says either fire or down. You never know which - nasty, no?