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FX Power MT5

You want to become a constantly profitable 5-star forex trader?

1. Read the basic description of our simple trading system and it's major strategy update in 2020 

2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat

FX Power MT5 is the first currency strength meter with a complete history across all time frames.
It analyzes the momentum and strength of all major currencies to determine high probability trades.

Key Features of FX Power MT5

  • 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 time periods via drop-down list
  • 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 MT5?

Use the FX Power histogram buttons to display the currency lines you need.
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 time periods

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

C. Trade the correlation of single currencies

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


How to choose the right analysis period?

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

If you choose 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 choose 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.

In the end, it's up to you which analysis period suits your trading style best.


FX Power options and settings

Main settings

  • FX Power period -> Click at the drop-down list and select a time period you like to analyze

Display and histogram settings

  • Hide FX Power display? -> Set "true" to disable the FX Power display (recommended for iCustom EA requests)
  • Currency line colors -> Configure the line colors of your FX Power histogram
  • Hide activity marker -> Set "true" to hide the white rectangles in the FX Power Compact view
  • Display warning if missing data -> Set to "false" to disable all data warnings

Alert and notification options

  • Enable cross alert -> Set "true" to be informed if two currency strength lines cross each other
  • Enable strength alert -> Set "true" to be informed if currencies rise above a limit value
  • Alert if currencies rise above -> Limit value for the strength alert
  • Enable weakness alert -> Set "true" to be informed if currencies drop below a limit value
  • Alert if currencies drop below -> Limit value for the weakness alert
  • Rise alert active -> Set "true" to be informed about rising deltas between two currencies
  • Alert if delta rises above -> Limit value for the rising delta alert
  • Drop alert active -> Set "true" to be informed about dropping deltas between two currencies
  • Alert if delta drops below -> Limit value for the dropping delta alert

General notification settings

  • Display pop-up messages -> Set "true" to receive pop-up notifications
  • Send e-mails -> Set "true" to receive a notification e-mail
  • Send mobile notifications -> Set "true" to receive mobile notifications
  • Play an alert sound -> Set "true" to receive an audible notification
  • Default alert sound -> Choose your favorite alert sound


Reviews 21
Raymond Kelley
607
Raymond Kelley 2021.04.08 18:23 
 

FxPower is one the best tools out there that gives you an overall bias of what each currency is doing. Support from the Daniel is also top notch. Patience along with these tools will definitely help with your trading.

yeunggordon168
101
yeunggordon168 2020.10.16 08:35 
 

An excellent indicator to have a full view of which currency pairs to be trade with. Good job!

Boriwan
511
Boriwan 2020.09.29 15:18 
 

Great job! Thanks! It works perfectly as a self-sufficient trading system, as well as a filter for other systems. There is a great lack of manual adjustment of the period and smoothing - then it would be priceless!) /sorry, my English is bad))/

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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 timeframe 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
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VolumeProfile MT5
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Robert Hess
Description: The Volume Profile displays detailed informations of historical trading activities at certain price levels. Locate the areas with the best prices in the market and get an advantage over other market participants. Features: Customizable Volume Profile Shows the "fair" Value Area with 70% of all Volume Shows critical low volume zones Shows VPOC, VAL and VAH Points Works on all timeframes Automatic calculation your defined timeset in all timeframes Drag & Drop for live calculation
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Consolidation Finder MT5
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Oleg Voitiouk
Consolidation Finder   An indicator that allows you to find consolidation. To work on the breakdown of the channel. Easy to use, there are only three settings: Minimum number of bars to analyze Tunnel Consolidation Indicator color It works on  all timeframes  , by default, approximate settings for the H1 timeframe are set. Works on all currency pairs. The indicator is not redrawn or recalculated. All screenshots are real!
99 USD
Fibonacci Expansion and Retracement For 5
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Jianyuan Huang
Fibonacci Expansion and Retracement PRO Fibonacci retracing and extended line tools for the MT5 platform, ideal for traders who use the DiNapoli point trading method and the Golden Section trading Demo: https://www.mql5.com/zh/market/product/35884 The main function: 1. You can draw multiple sets of Fibonacci retracements directly, and the relationship between important return points is clear at a glance. 2. Can draw Fibonacci extensions 3. The Fibonacci foldback and extension of the line
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PipFinite Reversal PRO MT5
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Karlo Wilson Vendiola
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
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PZ Supply Demand MT5
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Arturo Lopez Perez
This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies No settings and no optimization needed The indicator works in all timefr
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PyTrader MT5
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Offpista LTD
Documentation for connecting Metatrader 5 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The   Pytrader   ecosystem consists of a python script and a MT5 or MT4 version EA.   Further for the licensing an indicator is used.   The communication between the python script and the EA is based on sockets. EA is the   Server   and the python script the   Client .   It is always query(function / python script) and output(data / serv
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PZ Lopez Trend MT5
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Arturo Lopez Perez
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
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Divergence Scanner Macd Rsi 30 Pairs 8 Tf MT5
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FXsolutions
This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences. This indicator scans for you up to 15 instruments and up to 21 timeframes for bullish and bearish divergences. You need to add the indicator only to one single chart ! The indicator will then automatically scan all configured instruments and timeframes. Important Information The indicator c
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SI Connect
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SI Connect is a utility that establishes the connection to our servers in order to use FX Volume and get it updated constantly. Allow web requests and insert  http://stein.investments  to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors. You need only one running EA instance per terminal but it has to run constantly in the background  to grab the latest data from our data center. In case of questions just contact us directly via this Telegram link  
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SI Connect MT5
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SI Connect is a utility that establishes the connection to our servers in order to use  FX Volume MT5 and get it updated constantly. Allow web requests and insert  http://stein.investments  to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors. You need only one running EA instance per terminal but it has to run constantly in the background to grab the latest data from our data center. In case of questions just  contact us directly via this Telegram link
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Filter:
Moein Bagheri
1898
Moein Bagheri 2020.10.23 02:25 
 

After around one week of digging down this tool, unfortunately, I must say it's useless. The look is very fancy, but it actually tells you NOTHING!! Other tolls like ATR and MA give you better and more reliable results. The Same is valid for FX Trend. - To Author: When the trend is strong, but in a pullback, your tool ignores it. ( exactly when you must enter the trade) When the trends are exhausted, your tool highlights the pair ( exactly when you should avoid a trade). Ignoring such a basic rule is unbelievable.

UPDATE 30/11/2020: Hey, Mr Author, Instead of poking me because of this comment, share your live signal and Myfxbook tracking records. Happy to see your Magical system live results if you were not fooling people and got any.

Daniel Stein
104756
Reply from developer Daniel Stein 2020.11.30 11:07
I'm sorry to say that, but it seems you missed the core of this tool if you compare FX Power with ATR and MA. I'm also wondering why you never raised any question. That's what we are here for and you're always welcome if you like to get further assistance.
Raymond Kelley
607
Raymond Kelley 2021.04.08 18:23 
 

FxPower is one the best tools out there that gives you an overall bias of what each currency is doing. Support from the Daniel is also top notch. Patience along with these tools will definitely help with your trading.

faithdefender
831
faithdefender 2021.01.06 02:40 
 

Junk for the money. I purchased 3 of these indicators (Two for MT5 and One for MT4) believing they would help my trading with all of the bells and whistles. (However, when I paid for them, all three were sold at 99 dollars a piece. I should have waited to get them at the lower price) Here is the challenge I faced ,that many dont speak of; I put this same indicator on two different MT4 platforms. Oanda and one other Broker. They did not display nor conclude the same readings. For example, the one chart showed 5 Red Stars on the 1 minute, but on the other chart it showed 5 Green Stars. Do I buy or sell? And I read his responses to other critics. He made it sound as if "they" were the problem and not the indicator. Are the bells and whistles nice? Of course they are. And the indicator come across as having authority. But with different spreads from different Brokers, how am I to know which indicator works best with the appropriate Broker? The bells and whistle become "noise" in the light of accuracy.

Daniel Stein
104756
Reply from developer Daniel Stein 2021.01.06 14:24
The issue with the different analysis results and reading is due to different data provided by your brokers. That's nothing the indicator is responsible for because the underlying calculation is always the same and if you get different results, then due to a different basis of market data. The same happens on H4 and D1 if brokers use different server times and therefore have a different starting point for their H4 and D1 bars. Please compare your market data on both platforms and then judge again who to blame for these differences.
Things like this can be easily clarified in a quick chat, which we never had because you never asked, instead of posting reviews like this.
Apart from that, this is an FX Trend topic. So there is no reason to post it additionally on both FX Power pages.
Diplomat Umb
37
Diplomat Umb 2020.11.29 22:06 
 

It looks good though it must be used together with other tools

ppzinho12
58
ppzinho12 2020.11.25 15:13 
 

Me agregou muito pouco a ferramenta... Comprei junto com a fx trend porem quando da a entrada geralmente é uma entrada atrasada! The tool did not help me at all! I found the indicator bad.

Daniel Stein
104756
Reply from developer Daniel Stein 2020.11.30 10:54
I'm sorry that the tool didn't help you as expected. I've also seen the discussion in the group chat where you got plenty of valuable tips from various successful and profitable traders. Only you know why you continually ignored all of them to stick to your opinion. There are dozens, if not hundreds, of profitable trade examples visible in the group chat that prove the opposite.
Luigi Marazzi
122
Luigi Marazzi 2020.04.02 16:41 
 

At a glance view of how currency pairs are performing. invaluable really. what's up what's down, very useful alerts.

Installed, soon alerted a good short opportunity, paid for itself in 5 mins

use all of stein investment tools in my trading strategy find that they work very efficiently together to provide good trade opportunities. UPDATE: It has been a few months since my first review. In that time, as my understanding of FXtools grew, so did my account. Trend direction, currency relative strength, trade momentum, Volume. Support and resistance levels, all there. I have to say it is easy to make an informed decision. When to get in, when to get out, when to stay out. Daniel's FXTools community if a great group, worth the entry price alone. It has helped me to learn more about the tools and become more profitable.

yeunggordon168
101
yeunggordon168 2020.10.16 08:35 
 

An excellent indicator to have a full view of which currency pairs to be trade with. Good job!

Boriwan
511
Boriwan 2020.09.29 15:18 
 

Great job! Thanks! It works perfectly as a self-sufficient trading system, as well as a filter for other systems. There is a great lack of manual adjustment of the period and smoothing - then it would be priceless!) /sorry, my English is bad))/

CaesarX
204
CaesarX 2020.09.23 12:19 
 

Excellent tool, has become my most important indicator for gauging entries into the market. I combine it with Daniel's other indicator, FX Trend for a clear direction and 'bigger picture' into the market sentiment and honestly, I couldn't work without either now. Thanks to Daniel and the trading group he created I've developed from an inconsistent frustrated trader to a funded full time day trader in a matter of months. Thank you Daniel.

Stephan Grobler
132
Stephan Grobler 2020.08.30 20:25 
 

Together with the other indicators Daniel developed this is a very strong system for profitable trading. Thanks for the excellent support and Telegram group also. ( where fellow experienced users share knowledge )

Platz
498
Platz 2020.08.29 00:11 
 

User didn't leave any comment to the rating

Jonathan Olalekan Toyese
370
Jonathan Olalekan Toyese 2020.08.03 08:08 
 

This tool is awesome, it captures price movements and reversals early. I'm enjoying it

Detleff Böhmer
1333
Detleff Böhmer 2020.07.02 15:58 
 

Ein Indikator auf den ich nicht mehr verzichten möchte. Zusammen mit FX Trend kann man nichts falsch machen. Sehr gute Arbeit Daniel !

LUKE PERRETT
3411
LUKE PERRETT 2020.06.14 01:16 
 

Great tools, Great support and Great telegram chat community where all is made sense of. These tools of Daniels are a system, and that system produces an edge if you use it correctly in conjunction with discipline and money management. Keep up the great work mate.

AGzii
33
AGzii 2020.06.02 08:38 
 

Look, I have owned this indicator for just over a month and it's worth the 5 star rating. However, what I really appreciate is Daniel's support. You will NEVER get stuck with any of Stein's tools, the team is always on call ready to assist, come hell or high water!.. Thank you for the outstanding professionalism and superb tools.

gspecialgroup
172
gspecialgroup 2020.05.29 10:29 
 

The missing piece of the puzzle!

Robby Wijaya
185
Robby Wijaya 2020.05.22 18:32 
 

This is the best ever indicator I ever use since few years in trading experience, either you're beginner or expert if you want to beat the real market price action then this is the weapon for it. But the most greatest are their team support who really very smart and responsive, thanks to God I found this indicator, welldone Stein's Team..you're rock !!!

RIZA DOEK
1569
RIZA DOEK 2020.04.02 09:09 
 

User didn't leave any comment to the rating

Stefan001
1842
Stefan001 2019.01.02 11:31 
 

User didn't leave any comment to the rating

Nguyen Van Tuan
7669
Nguyen Van Tuan 2018.07.07 05:31 
 

User didn't leave any comment to the rating

rainwalker123
2770
rainwalker123 2016.12.22 05:12 
 

Very good and profitable indicator, which I recommend to everyone.

I also enclosed a screenshoot

http://www.bilder-upload.eu/show.php?file=776d70-1482379288.png

Reply to review
Version 3.95 2021.05.05
Fixed minor alert bug
Version 3.93 2021.04.16
Now there is a new alert option: "at last closed candle".
This option reduces the number of alerts because it triggers alerts only on confirmed signals of the last close candle.
Depending on your chart time frame, you get more or fewer alerts.
If you need real-time alerts, we recommend using the "at current candle" alert option.
Version 3.91 2020.08.28
Optimized data handling and calculation procedures
Version 3.88 2020.07.07
Optimized Listbox display when using a large zoom factor.

Fixed activity marker bug when used on accounts with suffixes.

Opened coloration parameters for individual coloration setups in all FX Power views.
Version 3.87 2020.06.07
Metaquotes provided important fixes in MQL5 and asked us to recompile all our market tools.
So please update your local copy to the latest available to benefit from bug fixes and improvements.
Version 3.83 2020.05.06
Optimized display update frequency for a much smoother user experience
Version 3.82 2020.04.29
Fixed panel positioning bug in combination with a zoom lower than 1

Changed defaults in the alert settings for a better user experience
Version 3.79 2020.04.28
Enjoy the new Zoom feature and adjust the size and visibility of the FX Power panel individually

The background color of the panel can be changed now as well.
Version 3.76 2020.03.03
Updated list box functionality

Fixed bug in panel positioning when changing analysis period on the chart
Version 3.73 2019.11.11
Fixed bug at line drawing when switching analysis periods via the list box in the panel
Version 3.72 2019.11.05
Now it's possible to customize the FX Power line style and thickness via the indicator properties.
In addition to that, we added a new mixed lines view accessible via the "autofocus" crosshair button.
Version 3.70 2019.11.01
Fixed bug in display positioning on the main chart after a change of the analysis period
Version 3.69 2019.05.14
Minor calculation bug fixed
Version 3.68 2019.04.24
Added the possibility to switch the analysis period via a list box directly in the FX Power panel on your chart.
Version 3.67 2019.04.02
Modified handling of incomplete market data
Version 3.66 2019.03.28
Bugfixes
Version 3.65 2018.11.16
Update for MT5 build 1940

Please update your copy to benefit from the latest product improvements
Version 3.64 2018.10.27
Update for MT5 build 1930

Please update your copy to benefit from the latest product improvements.
Version 3.62 2018.07.16
Optimized data handling and graphics
Version 3.58 2018.03.22
Added adaptive graphics engine for a better on-chart experience for tablet and desktop users

Improved calculation performance

Fixed strategy tester bug
Version 3.42 2018.02.14
Added activity marker for HeatMap and DeltaMap view.
Version 3.40 2018.01.18
Added automatic delta calculation

Added histogram line for delta values

Added DeltaMap view with one-click navigation

Modified navigation between views

Increased size of histogram labels
Version 3.23 2017.10.06
Bugfix and clearer log messages
Version 3.21 2017.10.02
Further product improvements like

- Faster calculations
- Improved data reading process
- Optimized histogram drawing
- and bug fixes
Version 3.16 2017.09.26
The new engine of FX Power provides:
- Faster calculations
- Instant results for all analysis periods
- Precise histogram across all timeframes
- Detailed quality check of your historical data
- Automatic download of missing data
Version 2.4 2017.06.12
Added two new compact display modes (Compact and Symbol)

Optimized Heatmap navigation for brokers with suffixes
Version 2.3 2017.04.17
Fixed bug in panel positioning

Added drop-down list with new histogram features like labels and values
Version 2.2 2017.03.13
Fixed bug in equalizer display
Version 2.1 2017.02.27
Optimized drag and drop function
Version 2.0 2017.01.11
Autofocus function detects change of underlying symbol
Version 1.9 2016.12.29
Synchronized all graphics and features with FX Power MT4
Calculation works 5 times faster now

New panel design
New button to switch FX Power panel between subwindow and main chart

Added features:
- New Heatmap design
- Faster "One Click" to access any symbol of the Heatmap
- Switch between Heatmap and Equalizer design
- Cross-hair button to focus on underlying symbol

- Sound button to enable/disable alerts
- Alert on cross of currencies
- Alert if currencies rise above 6 (value is customizable)
- Alert if currencies drop below 3 (value is customizable)
Version 1.1 2016.05.17
- Fixed minor graphical bug