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FX Power MT5

4.27

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
 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
  • 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 a 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?

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 time 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 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.


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 20
Robert Torres Jr
1409
Robert Torres Jr 2022.06.15 07:08 
 

I am beyond impressed with the pre-purchase support that I have received thus far from Daniel. I've reviewed the telegram groups and I bought the Lighthouse, Powerplay Trade Manager, SIEA Pro, FX Power, FX Trend, and FX Volume (Did I miss any necessary tool?) I am excited to start learning to trade according to this strategy. I'll give more feedback as I start my trading journey with the Stein Investment Group of Traders.

Alberto Alejandro Marrero Diaz
142
Alberto Alejandro Marrero Diaz 2022.02.01 16:04 
 

Excellent tool for correlation traders. Very good support from the autor.

Raymond Kelley
739
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.

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Filter:
Robert Torres Jr
1409
Robert Torres Jr 2022.06.15 07:08 
 

I am beyond impressed with the pre-purchase support that I have received thus far from Daniel. I've reviewed the telegram groups and I bought the Lighthouse, Powerplay Trade Manager, SIEA Pro, FX Power, FX Trend, and FX Volume (Did I miss any necessary tool?) I am excited to start learning to trade according to this strategy. I'll give more feedback as I start my trading journey with the Stein Investment Group of Traders.

Alberto Alejandro Marrero Diaz
142
Alberto Alejandro Marrero Diaz 2022.02.01 16:04 
 

Excellent tool for correlation traders. Very good support from the autor.

QiSong Wang
372
QiSong Wang 2021.07.31 05:20 
 

User didn't leave any comment to the rating

Raymond Kelley
739
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
1335
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
115962
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
63
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
115962
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.
Moein Bagheri
849
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
115962
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.
yeunggordon168
116
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
587
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
279
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
137
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
119
Platz 2020.08.29 00:11 
 

User didn't leave any comment to the rating

Jonathan Olalekan Toyese
713
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
1895
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
2943
LUKE PERRETT 2020.06.14 01:16 
 

User didn't leave any comment to the rating

MATTEW
219
MATTEW 2020.06.11 17:06 
 

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

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
171
gspecialgroup 2020.05.29 10:29 
 

The missing piece of the puzzle!

Robby Wijaya
170
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 !!!

12
Reply to review
Version 3.994 2022.03.21
Added plausibility check for the alerts
Version 3.993 2022.02.08
Fixed bug in cross alerts
Version 3.992 2022.02.01
Fixed delta line visibility when running FX Power in EA mode (with hidden graphics)

Cross alerts come from now on with the direction (up or down) in the message text.
Version 3.99 2021.09.03
Optimized alerts on current candle
Version 3.98 2021.09.01
Summarized multiple delta rise/drop alerts in one message to reduce the amount of sent notifications to your mobile device when monitoring all 28 symbols
Version 3.97 2021.08.23
Fixed another minor bug in the alert section
Version 3.96 2021.08.20
Fixed bug in delta rise/drop alert on last closed candle
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