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FX Power MT5 NG

5

Trading GOLD, and currencies, with the dog walk strategy - super smart

Trading GOLD, and currencies, with the breakout strategy - super easy

Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies.

FX Power MT5 NG is the next generation of our long-time very popular currency strength meter, FX Power. 

And what does this next-generation strength meter offer? Everything you have loved about the original FX Power 

PLUS

  • GOLD/XAU strength analysis
  • Even more precise calculation results
  • Individually configurable analysis periods
  • Customizable calculation limit for even better performance
  • Special multi-instance settings for those who want to see more
  • Endless graphical settings for your favorite colors in every chart
  • Countless notification options, so you never miss anything important again
  • Our new design with rounded corners in the style of Windows 11 and macOS
  • Magically moving indicator panels 


FX Power Key Features
  • Complete strength history of all major currencies
  • History of currency strength across all time frames
  • Identical calculation results at all brokers and charts
  • 100% reliable real-time calculations -> no repainting
  • Selectable analysis periods via a drop-down list
  • Individually configurable analysis periods via the custom mode
  • Several instances within one chart possible
  • Movable FX Power display (via drag-and-drop)
  • Suitable for high resolution QHD, UHD and 4K displays
  • Automated terminal configuration
  • Optimized for tablet and touchscreen usage
  • Alerts via e-mail, message, and mobile notifications
  • Accessible buffers for EA requests

How to trade with FX Power?

Use the FX Power histogram buttons to display the currency lines you need, and compare short and long-term analysis to determine efficient combinations.

A. Trade "crossings" of currency histogram lines
  • BUY if EUR crosses USD upwards
  • SELL if EUR crosses USD downwards

B. Trade confirming patterns of different analysis periods

  • Run two FX Power instances, e.g. 1 hour and 8 hours
  • Buy EURUSD if EUR is stronger than USD at both periods
  • Sell EURUSD if EUR is weaker than USD at both periods

C. Trade the correlation of single currencies

  • BUY if EUR and CHF are stronger than USD
  • SELL if EUR and CHF are weaker than USD


How to choose the right analysis period?


The FX Power analysis is completely independent of any chart time frame.

If you select 1 day, FX Power considers the entire historical data of the past 24 hours beginning from this second to determine the currency strength.
If you select 1 week, FX Power considers the entire historical data of the past 5 trading days beginning from this second to determine the currency strength.

Example: If you trade the D1 chart time frame, we recommend using an analysis period of 1 or 2 weeks. 1 week is a bit faster, 2 weeks is a bit smoother.

Finally, it's up to you which analysis period suits your trading style best


FX Power Parameters

The utmost parameters are self-explaining, but we'll provide you with a full description of all FX Power parameters in a separate article soon.



Copyright Stein Investments


Reviews 5
Kelli Bardley
217
Kelli Bardley 2024.05.05 15:01 
 

This indicator has helped me to improve my entry timing. Mr. Stein was very kind and patient when answering all of my questions.

Philipp Ohlrogge
900
Philipp Ohlrogge 2024.03.05 16:14 
 

Probably the best tool I ve ever bought on this plattform. For me personally it took some time to get used to it properly, but with the help of the strategies provided by Daniel and the other tools he offers, I realized it's "that simple" and really everything I need for my trading. Besides that Daniels support is top notch, he allways replies within a couple hours and finds a solution with you. 10/10

Hussein Sinan
209
Hussein Sinan 2023.12.16 16:02 
 

This is a great product, thank you for putting this out here for us..

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Do you believe that financial markets and celestial bodies operate in separate realms? Our indicator begs to differ! Based on the innovative theory of William Gann, which emphasizes the influence of celestial planet movements on financial market dynamics, we present to you the "Gann Planetary Lines Indicator". Features of the Indicator : Precision : Accurate projection of the 360 degrees of planetary orbits onto price charts. Advanced Customization : Ability to display or hide any planet line,
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Kelli Bardley
217
Kelli Bardley 2024.05.05 15:01 
 

This indicator has helped me to improve my entry timing. Mr. Stein was very kind and patient when answering all of my questions.

Daniel Stein
91829
Reply from developer Daniel Stein 2024.05.05 15:45
Thank you very much, Kelli. 🙏 You’re always welcome with your questions 🙂
Philipp Ohlrogge
900
Philipp Ohlrogge 2024.03.05 16:14 
 

Probably the best tool I ve ever bought on this plattform. For me personally it took some time to get used to it properly, but with the help of the strategies provided by Daniel and the other tools he offers, I realized it's "that simple" and really everything I need for my trading. Besides that Daniels support is top notch, he allways replies within a couple hours and finds a solution with you. 10/10

Daniel Stein
91829
Reply from developer Daniel Stein 2024.03.05 16:34
Dear Philipp, thank you very much for this outstanding positive review. 🙏 It’s highly appreciated 🙂
Hussein Sinan
209
Hussein Sinan 2023.12.16 16:02 
 

This is a great product, thank you for putting this out here for us..

Daniel Stein
91829
Reply from developer Daniel Stein 2023.12.17 15:07
Thank you very much, Hussein. Your feedback is highly appreciated. 🙂
Khuman Bakhramirad
9151
Khuman Bakhramirad 2023.10.12 22:46 
 

i have bought all Stein indicators and all of them are amazing, thanks for the great work.

Daniel Stein
91829
Reply from developer Daniel Stein 2023.10.13 22:18
Thank you very much, Khuman. 🙏
Luigi Marazzi
174
Luigi Marazzi 2023.08.12 11:46 
 

An essential part of my trading strategy. Which centers trading strong against weak. In this scenario, It is an invaluable tool. In my experience it can be used stand alone for trade entry. Trade maintenance and exit can be managed with, in my case, using multiple instances with different time periods. Product is rock solid as is support.

Daniel Stein
91829
Reply from developer Daniel Stein 2023.08.15 09:55
Thank you so much for this wonderful feedback, Luigi. It's highly appreciated. 🙏
Reply to review
Version 4.32 2024.01.25
The following bugs are fixed:
- plot colours when using multiple instances
- DeltaMap view on a white background
- alerts not triggering in some corner cases
- line labels not displayed from time to time
- critical error when plots "Show history lines ?" is false
- synchronization bug with calc period==x Week

Improved missing data detection
Version 4.19 2023.08.28
Fixed divide by 0 on HeatmapFrame when using shrunk sub-windows.

Fixed custom user levels.
Version 4.18 2023.08.15
Fixed iCustom call, sometimes displaying the panel.

Fixed indicator levels. Users can now add custom levels.

Fixed "Delta" mode extended label.
Version 4.15 2023.07.28
Added Gold with full history on all available XAU symbols
Version 4.13 2023.07.26
Fixed invalid pointer, framework bug when no history lines are displayed
Version 4.11 2023.07.24
Disabled accidentally enabled DEV mode
Version 4.10 2023.07.24
Fixed minor bug

Modified input parameters sorting