Power Candles MT5

4.58

Power Candles - Self-Optimizing Strength Indicator

Strength usually lives in a sub-window. The line runs below, the candle above, and your eye keeps connecting the two. Power Candles puts the strength into the candle itself, colored from dark red to dark green, so the chart reads at a glance and the sub-window stays closed.

The indicator also finds its own settings for the symbol and timeframe in front of you. One click on [ Apply Best ] draws entry, Stop Loss and Take Profit at the exact prices, and the alerts carry direction, Stop Loss and Take Profit inline.

This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI trading mentor. 

Always on, knows every indicator in depth, available the moment you need to think something through. 

3,000+ trade simulations on every closed bar. 9 strength states. 2 strategies tested in parallel. 1 click to apply the winning setup.


WHY THIS EXISTS

Most strength indicators show you a value and leave you with the questions: which threshold to trust, which Stop Loss to use, which trade direction is the right one. Power Candles V3 answers those questions per symbol, automatically, on every closed bar. The result is a complete trade plan - direction, Stop Loss, Take Profit, signal threshold - drawn on the chart in front of you. No Strategy Tester, no manual tuning.


THE AUTO-OPTIMIZER · RECALCULATES ON EVERY CLOSED BAR

For your current symbol the indicator runs more than 3,000 trade simulations on the historical bars - two strategies (Momentum and Reversal), three signal thresholds and a full Stop Loss / Take Profit grid. Setups are ranked by a risk-adjusted score that favors profitable AND consistent configurations, not flukes from too few trades. The winning configuration appears in the AUTO-OPTIMIZER panel with win rate, profit factor and total pips.

Click [ Apply Best ] and the indicator adopts it instantly. Arrows redraw at the new threshold, Entry, Stop Loss and Take Profit rays are anchored at the exact prices for the active signal, alerts route through Popup, Email and Push with direction and SL / TP values inline.

Per-symbol settings persist across timeframe changes. Switch to a new symbol and the optimizer re-evaluates automatically.


STRATEGY-AWARE ARROWS · GREEN MEANS BUY, RED MEANS SELL

Once Apply Best is active, arrows stop showing raw momentum and start showing trade direction:

  • Green = Buy, Red = Sell, always - even under Reversal where the trade goes against momentum
  • Entry, Stop Loss and Take Profit rays at the exact prices for the first still-open signal
  • Rays stay anchored until SL or TP hits, then disappear automatically
  • Alerts fire with direction plus SL / TP values inline - nothing to interpret before placing the order

NINE STRENGTH STATES · FILTERS OUT PRICE NOISE

Each candle is classified into one of nine strength states:

  • Neutral
  • Light, Medium, Strong, Extreme Bearish · four shades of red
  • Light, Medium, Strong, Extreme Bullish · four shades of green

This state-based approach filters out random price fluctuations and focuses on meaningful market participation. You see at a glance when a new directional phase is forming instead of reacting to isolated candles.


ONE LOGIC FOR ALL MARKETS

Power Candles V3 works automatically on every trading symbol. The indicator detects whether the current symbol is a Forex pair or a non-Forex market and applies the appropriate strength model internally:

  • Forex and Gold · FX Power Delta values (absolute range up to 100)
  • Indices, Crypto and CFDs · IX Power Strength values (absolute range up to 50)

The required strength calculations are embedded directly into Power Candles. No additional indicators are required for the candle coloring, signal logic or the auto-optimization engine.


NEW: PAIRS WITH THE POWER CANDLES STRATEGY SCANNER

The Power Candles indicator solves "which setup is best on THIS chart". Its companion, the Power Candles Strategy Scanner, solves the next question: "which symbols in my Market Watch are tradable right now, and ping me when one becomes worth acting on." The Scanner runs the same auto-optimizer engine in parallel on every symbol you watch, alerts on promising profit-factor transitions and on fresh signals, and switches the active chart with one click on a row.

The Scanner is the radar.
The Power Candles indicator is the cockpit.
The two are designed to work together.

SUGGESTED WORKFLOW

  1. Drop Power Candles V3 on a chart - wait roughly two seconds for the AUTO-OPTIMIZER panel to populate
  2. Review the winning setup - PF, win rate, total pips, Momentum vs Reversal
  3. Click [ Apply Best ] - arrows, Entry, Stop Loss and Take Profit rays adopt the configuration instantly
  4. Trade what is on the chart - direction-aware arrows, alert with direction and SL / TP inline. The plan is already drawn for you

Discretionary traders can use Power Candles V3 without Apply Best. Raw strength states, momentum arrows and the panel remain fully functional, and the AUTO-OPTIMIZER then serves as a transparent reference for what would have been optimal.


INTEGRATED INFORMATION PANEL

The panel shows Live and Best side by side:

  • Symbol · Period - current calculation period and timeframe
  • Strength state - BULL STRONG, BEAR MED, NEUTRAL, etc.
  • Live delta or strength value - vs the previous closed bar
  • AUTO-OPTIMIZER table - MOM and REV rows with PF, win rate, pips, winner highlighted
  • Live row - how your current configuration would have performed historically
  • [ Apply Best ] button switching to Active status after click

All values align with FX Power and IX Power calculations and can be verified directly.


FX POWER AND IX POWER INTEGRATION

Power Candles V3 internally uses the same proven logic as FX Power and IX Power. Neither is required for Power Candles to function, but they remain ideal complements for traders who want a full market overview:

  • FX Power MT5 · Currency strength matrix and trend overview for Forex and Gold
  • IX Power MT5 · Strength analysis for indices, crypto and non-Forex markets

FX Power alongside Power Candles lets you screen multiple Forex pairs first, then execute trades directly on the chart with the indicator.


SMART STOP · EXECUTION COMPANION

Power Candles V3 already delivers a complete trade plan on the chart with Entry, Stop Loss and Take Profit. For additional stop-loss refinement based on market structure, it pairs well with the Smart Stop Indicator, which identifies statistically valid stop-loss levels from real market behavior.


KEY FEATURES AT A GLANCE

  • Self-optimizing engine: 3,000+ trade simulations per chart load and every closed bar
  • Live + Best comparison panel with one-click Apply Best
  • Strategy-aware arrows: green always Buy, red always Sell
  • Entry, Stop Loss and Take Profit rays at exact prices
  • Popup, email and push alerts with direction and SL / TP inline
  • Per-symbol settings persistence across timeframe changes
  • Settings tab directly in the panel (gear icon, no inputs dialog needed)
  • Per-symbol display + alert toggles - color candles, arrows, trade lines, alert master and channels
  • Reset button to restore current symbol's panel state to defaults in one click
  • Realistic-stops filter: minimum SL = 100% of ATR by default (sub-100% configurations are filtered out as curve-fit traps)
  • Embedded FX Power and IX Power logic - no companion indicators required
  • Works on Forex, Gold, Indices, Crypto and CFDs
  • Automatic symbol-type detection
  • Non-repainting strength states
  • Nine-state strength-based candle coloring
  • Movable information panel
  • Delta and strength values available in the Data Window
  • MetaTrader 5 compatible

SUPPORTED MARKETS

Works on every symbol your broker provides:

  • Forex · 28 majors and crosses (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, EURJPY, GBPAUD, etc.)
  • Indices · US30, US500, NAS100, DE40, UK100, JP225, AUS200, STOXX50
  • Metals · Gold (XAUUSD and crosses)
  • Crypto and CFDs · BTCUSD, ETHUSD and major altcoin pairs

All standard timeframes from M1 to Monthly are supported.


GETTING STARTED

  1. Attach Power Candles V3 to any chart - the strength engine auto-detects whether the symbol is Forex or non-Forex
  2. Wait roughly two seconds for the AUTO-OPTIMIZER panel to populate
  3. Click [ Apply Best ] to adopt the optimal setup for the current symbol and timeframe
  4. Trade what the chart shows you - direction-aware arrows, Entry, Stop Loss and Take Profit rays, alerts with direction and SL / TP inline
  5. Switch symbol or timeframe - settings persist per symbol, the optimizer re-evaluates automatically

INPUT PARAMETERS

Power Candles V3 is fully functional out of the box. All parameters are optional fine-tuning:

  • Calculation Settings · strength calculation period (default 8 hours), max history bars to process
  • Auto-Optimizer Settings · minimum SL (default 100% of ATR to filter noise-stops), minimum trade count, minimum reward / risk ratio
  • FX Power Delta Thresholds · for Forex and Gold, absolute values up to 100, define Neutral, Light, Medium and Strong zones
  • IX Power Strength Thresholds · for indices, crypto and non-Forex, absolute values up to 50, define the same four zones
  • Arrow and Alert Settings · arrows on strength transitions and strategy-aware trade signals, alerts on activation, acceleration, direction change and active-signal trigger with SL / TP inline

Power Candles V3 is designed for traders who want a complete trade plan on the chart - direction, Stop Loss, Take Profit, signal threshold - without guessing which configuration to trust.

Reviews 14
Andreas Grimm
337
Andreas Grimm 2026.08.27 04:43 

A good indicator; it deserves 5 stars. Once you figure out how it works, you can achieve good results with it.

dmb09forex
140
dmb09forex 2026.07.14 13:18 

I just installed my Power Candles together with the PTM. I used EasyInsight to filter the market for me**,** and on my first time using it, I already hit my TP. I used the default settings and they are still very good. This indicator is a game changer. I've been using Stein's tools since the first generation**,** and this one completes my setup, by far. I am planning to buy the Power Candle scanner soon. Damn good! Just what I expected with Stein Investments. Thank you Daniel and Alain.

Maksym Smyrnov
923
Maksym Smyrnov 2026.04.29 15:30 

I am very satisfied with the performance of the indicator and even more impressed by Daniel’s responsiveness. He helped me understand and resolve the issues that concerned me. This is what true professionalism should look like. 10 out of 10.

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Advance AI Scanner is a multi-symbol analysis indicator for MetaTrader 5. It scans Forex pairs, metals, energy, stock indices and cryptocurrencies at the same time and rates each instrument with its own self-training model. It explains in plain English what moved each market and why, and it estimates how far upcoming economic news usually moves each symbol, measured on your broker's own price history. $199 instead of $499. 10 copies left at this price. One time purchase  Installation and User
Bill Williams Advanced
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Apex Patterns PRO Buy Indicator - Get Expert Advisor Based on it for FREE. Self-Optimizing Chart Pattern & Breakout Intelligence Traditional pattern scanners rely on fixed inputs, often underperforming when market volatility and structures shift. Apex Patterns PRO is designed to adapt to changing market conditions by combining structural chart pattern recognition, momentum filtering, and statistical self-optimization into one analytical framework. Adaptive Scanning Engine Self-Optimizing Patter
Apollo SR Master is a Support/Resistance indicator with special features which make trading with Support/Resistance zones easier and more reliable. The indicator calculates Support/Resistance zones in real-time without any time lag by detecting local price tops and bottoms. Then to confirm the newly formed SR area, the indicator shows special signal which signalizes that the SR zone can be taken into consideration and used as an actual SELL or BUY signal. In this case the strength of the SR zone
Divergence Bomber
Ihor Otkydach
4.89 (94)
Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and
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Ihor Otkydach
5 (3)
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Roman Podpora
5 (1)
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5 (1)
Turn every candle into a bid x ask footprint built from real tick data. See who is actually trading at each price, with delta, volume profile, imbalance zones and a scored setup engine that prints entry, stop and target Order Flow Footprint Chart Pro Most indicators tell you what price did. This one tells you who did it. Order Flow Footprint Chart Pro rebuilds every candle on your chart from raw tick data and shows you the volume that traded at each individual price inside it, split into the am
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Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Supply
PainX GainX Blue Spike Fusion AI Synthetic Index Spike Analysis Indicator for MetaTrader 5 Overview PainX GainX Blue Spike Fusion AI is a technical analysis indicator for MetaTrader 5, designed to help traders monitor potential spike setups on compatible synthetic indices. The indicator combines signal monitoring, market-condition analysis, chart markers, notifications, and an on-chart information panel. It presents relevant market information in an organized format to help traders evaluate pote
ARIPoint
Temirlan Kdyrkhan
1 (4)
ARIPoint is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cu
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
The UZFX {SSS} Scalping Smart Signals v5.0 MT5  is a Non Repaint high-performance trading indicator designed for Scalpers, Day Traders, and Swing Traders who demand accurate, real-time signals in fast-moving markets. Developed by (UZFX-LABS), this indicator combines price action analysis, trend confirmation, and smart filtering to generate high-probability buy and sell signals, Warning Signals, and Trend Continuation Opportunities across all currency pairs and timeframes.  Believe me its one of
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Scan your entire watchlist for extreme bars - in real time. Power Bar Scanner monitors all your symbols at once and alerts you the moment an extreme price bar appears. No more flipping through charts. See every opportunity in one panel. Works on any timeframe. Forex, Indices, Gold, Crypto - all in one view. This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI trading mentor.  Always on, knows every indicator in depth, available the moment you need to think s
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Fenix Trader
161
Fenix Trader 2026.09.19 12:57 

I spent quite a while testing it daily and didn't get satisfactory results.

Daniel Stein
112700
Reply from developer Daniel Stein 2026.09.19 15:30
Hi Fenix, thanks for running it daily over that long a stretch. Your questions here in February told me how you were using it then: M1 at support and resistance, with the arrows as a read on buying and selling pressure. What a test like that returns depends on the setup that was live on the chart while it ran. Since version 3.0 in April the indicator measures, on the symbol and timeframe in front of you, which setup held the better record on the bars behind you, Momentum or Reversal with its stop and target, and shows it in the Auto-Optimizer table with win rate, profit factor and pips. The LIVE row next to it shows the same numbers for the configuration you are trading yourself. So the table can show you, for each of your symbols, how your own setup and the measured one did on that chart over the tested window. Apply Best puts the measured one on the chart, and the Auto-apply best switch keeps every chart on it from then on. Send me a screenshot of your chart with the panel in view, by message here on MQL5, and I will go through it with you. Daniel
tiamming
36
tiamming 2026.09.04 18:08 

I am very disappointed about result what i get ,I follow the signal buy or sell according momentum (timeframe 15min) to trade in but no one win .

Daniel Stein
112700
Reply from developer Daniel Stein 2026.09.05 09:34
Hi tiamming, the two stars for support are earned. Your comment from 26 August asked for exactly this and sat here for nine days before I saw it. It has a full answer in the comments now. On the result itself: Power Candles runs two strategies, Momentum and Reversal, and the Auto-Optimizer keeps whichever one holds the better risk-adjusted record for that symbol and timeframe. On many FX pairs the current winner is Reversal, which fades strength instead of following it. Following the momentum arrows there puts you on the opposite side of the setup the panel is showing, and a run without a single winner fits that picture. Apply Best puts the strategy the optimizer picked on the chart together with entry, stop and target. The full guideline is in the comments. If you send me your symbols, I will go through your charts with you. Best regards
Daniel
Andreas Grimm
337
Andreas Grimm 2026.08.27 04:43 

A good indicator; it deserves 5 stars. Once you figure out how it works, you can achieve good results with it.

dmb09forex
140
dmb09forex 2026.07.14 13:18 

I just installed my Power Candles together with the PTM. I used EasyInsight to filter the market for me**,** and on my first time using it, I already hit my TP. I used the default settings and they are still very good. This indicator is a game changer. I've been using Stein's tools since the first generation**,** and this one completes my setup, by far. I am planning to buy the Power Candle scanner soon. Damn good! Just what I expected with Stein Investments. Thank you Daniel and Alain.

Kevin Strydom
230
Kevin Strydom 2026.07.02 13:05 

User didn't leave any comment to the rating

Maksym Smyrnov
923
Maksym Smyrnov 2026.04.29 15:30 

I am very satisfied with the performance of the indicator and even more impressed by Daniel’s responsiveness. He helped me understand and resolve the issues that concerned me. This is what true professionalism should look like. 10 out of 10.

Dhiiraj A
995
Dhiiraj A 2026.03.31 16:40 

World best indicator , world best author . he supported me throughout . I dont know if there is any better indicator in this world that even exists . Use it with fx level . Use common sense and nobody can ever loose .

Alexis Potthoff
669
Alexis Potthoff 2026.02.10 00:33 

Hi Daniel. Excellent products. I have a question. I bought an indicator (Power Candle MT5). It's been working very well. My question is whether you have an Expert Advisor (EA) that would automatically generate buy and sell orders for this indicator whenever the red arrow (sell) or the blue arrow (buy) appears. Thank you very much for your response.

Daniel Stein
112700
Reply from developer Daniel Stein 2026.02.10 08:41
Hi Alexis, thank you for the kind words and the 5-star review, much appreciated 👍 Regarding your question: at the moment, there is no Expert Advisor that automatically places buy or sell orders based purely on the Power Candles arrows. Your idea is definitely interesting though. Power Candles already provide structured momentum information, so in theory this could evolve into an execution layer. That said, automatic execution always comes with additional complexity around context, risk management, market conditions, and false signals, so it’s nothing I would rush. I won’t promise anything and certainly nothing short-term, but I’ll keep the idea in mind and see whether it could make sense as a future extension of the Power Candles ecosystem. Thanks again for the feedback and for using the tool.
Loic Georges Chinchilla
734
Loic Georges Chinchilla 2026.01.23 13:22 

I'm a big fan of Stein Investments as I own most of their indicators and to me they are by the far the best on MQL. Power Candles is too me the cherry on the cake. I'm very impressed with the precision and calculation mode behind that wonderful indicator. As a scalper, it is perfect for trading gold and indices. On top of the quality of their tools, the support that Daniel and Alain give to the community is world class. They are always available to answer questions and usually go beyond what they are being asked. Again thank you and keep up the good work!

Daniel Stein
112700
Reply from developer Daniel Stein 2026.01.23 13:33
Hi Loic, thank you very much for this fantastic feedback. I’m really happy to hear that Power Candles fits your scalping style so well, especially on Gold and indices. We truly appreciate your trust in our tools and your kind words about the support. That means a lot to both Alain and me. All the best,
Daniel
tjdaytrader414
358
tjdaytrader414 2026.01.22 19:14 

A+ Indicator. It truly is a great indicator. Perfect as confirmation to give you confidence and confluence with your already existing strategy and entries. Using just key levels and price action the arrows will give you some decent entries as well. I greatly appreciate when developers create tools that actually work. It's a breath of fresh air. A lifetime customer here for sure. Keep inventing your genius ideas and creations. Thank You!

Daniel Stein
112700
Reply from developer Daniel Stein 2026.01.22 20:12
Hi TJ, thank you very much for the great feedback. I’m glad you’re using Power Candles exactly as intended, as a confirmation tool that adds confidence and clarity to your existing strategy. Really appreciate your support and kind words. That kind of feedback is a big motivation to keep developing useful, reliable tools. All the best,
Daniel
xaxotf
401
xaxotf 2026.01.06 18:49 

You've created a masterpiece... I'd like to know your limits. Thank you so much for sharing, Mr. Stein.

Daniel Stein
112700
Reply from developer Daniel Stein 2026.01.06 19:30
Thank you very much for your kind words and your trust. I really appreciate the feedback. Power Candles was built with a clear purpose: to make strength and momentum directly readable from price, without overcomplicating the chart. I’m glad it delivers that value for you. Enjoy trading with it, and thanks again for taking the time to leave a review 🙏🙂
equalitygr
196
equalitygr 2026.01.02 13:21 

User didn't leave any comment to the rating

Daniel Stein
112700
Reply from developer Daniel Stein 2026.01.02 14:30
Thank you very much for your kind review and for your trust in Power Candles. I’m especially happy to hear that the indicator itself is delivering value for your trading. That’s exactly what it was designed for. Just to add a bit of context for other readers: the support you mentioned was related to a purchase and payment process question, not to any issue with the Power Candles indicator itself. The tool works as intended, and I’m always glad to help quickly if something around installation, access, or account handling comes up. Thanks again for your feedback and recommendation. It’s greatly appreciated. 🙏🙂
franklin_sergio
245
franklin_sergio 2025.12.25 15:39 

First of all: thanks for that amazing tool. It really works. Indicator is really amazing and brings us excellent results. Long life to the developers!

Daniel Stein
112700
Reply from developer Daniel Stein 2025.12.25 16:47
Thank you very much for the great feedback and your kind words. I’m really glad to hear that Power Candles is delivering strong results for you and fits well into your trading workflow. Feedback like this confirms that the concept works exactly as intended. Wishing you continued success and many good trades ahead.
Gryffn10
650
Gryffn10 2025.12.18 06:09 

I have All of the Stein Indicators (Because they ARE that good!) And for me, this Power Candles Indicator is the Crown Jewel, visually displaying the FX Power AND the IX Power algorithm on the chart and even providing Arrow Entry Points.... A beautiful and dynamic work of technical art.... AT THIS PRICE WITH 10 ACTIVATIONS? Thank you Mr Stein!

Daniel Stein
112700
Reply from developer Daniel Stein 2025.12.18 08:58
Thank you very much for this fantastic feedback – I really appreciate it. Power Candles was designed exactly for traders like you, to make real market strength visible directly on the chart, without interpretation or guesswork. I’m glad you see it as a natural extension of FX Power and IX Power, and even more so that it fits so well into your daily trading. Thanks again for your support and trust. Best regards, Daniel
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