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FX Power MT4 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 MT4 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 14
Yusuf Hamzah
582
Yusuf Hamzah 2024.09.27 12:58 
 

Sleek User Interface and "reflective" overall presentation. It is another well-done product.

Mzwakhe Dela
172
Mzwakhe Dela 2024.08.24 15:21 
 

I’ve utilized a lot of currency strength meters before, but they proved to be worthless repainting indicators. Then I was later introduced to Stein’s indicators, more specifically the older version of his power indicator. I utilized it for some time, and it complemented my strategy extremely well. I’ve now upgraded to the FXPower NG, which is phenomenal, to say the least. It’s evidently clear that a lot of work has gone into improving the design and other aspects of the indicator, which I find extremely helpful. I simply can’t wait to see what other indicators Stein Investments is cooking up, as the company produces quality products at affordable prices.

mgl5fjn
497
mgl5fjn 2024.07.18 15:50 
 

Hallo Danie, das ist ein super vielseitiger und präziser Volumen Indikator. Bitte füge mich zu deinem Chat hinzu. Wie kann ich eine private Nachricht schicken?

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ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
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SI Connect is a utility that establishes the connection to our servers to use FX Volume or the SIEA trading systems. Technical instructions to prepare your terminal for the usage of SI Connect Allow web requests and insert https://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 centre. In case of quest
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SIEA PRO NG is the next generation of SIEA PRO and entirely different from all previous EAs from our company. Key facts at a glance trades a mean reversion strategy based on 5 full years of our unique real volume data each trade comes with a fixed stop loss and take profit the average trade duration is less than 48 hours many options for individual fine-tuning no grid, no martingale not FIFO compatible Live Signal ->  https://www.mql5.com/en/signals/2124668 SIEA PRO NG trades only the best
Filter:
Yusuf Hamzah
582
Yusuf Hamzah 2024.09.27 12:58 
 

Sleek User Interface and "reflective" overall presentation. It is another well-done product.

Daniel Stein
94659
Reply from developer Daniel Stein 2024.09.27 13:03
Thank you very much, Yusuf. 🙏 Your feedback is highly appreciated 🙂
Mzwakhe Dela
172
Mzwakhe Dela 2024.08.24 15:21 
 

I’ve utilized a lot of currency strength meters before, but they proved to be worthless repainting indicators. Then I was later introduced to Stein’s indicators, more specifically the older version of his power indicator. I utilized it for some time, and it complemented my strategy extremely well. I’ve now upgraded to the FXPower NG, which is phenomenal, to say the least. It’s evidently clear that a lot of work has gone into improving the design and other aspects of the indicator, which I find extremely helpful. I simply can’t wait to see what other indicators Stein Investments is cooking up, as the company produces quality products at affordable prices.

Daniel Stein
94659
Reply from developer Daniel Stein 2024.08.24 16:42
Thank you very much for this wonderful feedback 🙏 It’s highly appreciated 🙂
mgl5fjn
497
mgl5fjn 2024.07.18 15:50 
 

Hallo Danie, das ist ein super vielseitiger und präziser Volumen Indikator. Bitte füge mich zu deinem Chat hinzu. Wie kann ich eine private Nachricht schicken?

Daniel Stein
94659
Reply from developer Daniel Stein 2024.07.18 16:10
Hallo mql5fjn, ich habe dir eine private Nachricht via mql5 geschickt. Klick einfach auf der linken Seite deines mql5 Profils auf "Nachrichten" und dann siehst du sie.
Levi Christian
43
Levi Christian 2024.06.21 01:59 
 

The FX POWER indicator tool significantly reduces my analysis time, narrowing the landscape to focus on pairs with highest potential for profit. After 3mos. Of trading with FX POWER my accuracy has improved to 80%. Thanks Stein team & keep up the great work!

Daniel Stein
94659
Reply from developer Daniel Stein 2024.06.21 08:20
Dear Levi, thank you very much for your outstanding feedback. 🙏
Janya1958
972
Janya1958 2024.05.17 15:25 
 

Selbst nach längerem Gebrauch dieses Indikators gibt es noch positive Überraschungen. Die Zeiteinstellung, die Kombination div. Timeframes, usw.....Alles in Allem ist das wirklich mal ein sehr sinnvolles und zuverlässiges Werkzeug und in jeder Hinsicht zu empfehlen!!! Daniel ist ein zuverlässiger Partner, der Fragen zu jeder Zeit beantwortet und hilft. Danke!

Daniel Stein
94659
Reply from developer Daniel Stein 2024.05.17 15:36
Wow, das nenne ich mal ein außergewöhnlich positives Feedback. Vielen herzlichen Dank dafür. Das bedeutet uns wirklich viel. 🙏🙂
Kabelo Mataboge
63
Kabelo Mataboge 2024.05.01 21:01 
 

Super accurate so far. During FOMC and news today showed clear entry opportunities no repaints like other indicators. Impressive tool

Daniel Stein
94659
Reply from developer Daniel Stein 2024.05.01 21:04
Dear Kabelo, thank you very much for this wonderful feedback. It’s highly appreciated. 🙏🙂
David T
288
David T 2024.04.16 04:05 
 

I rented this for 3 months...after about a week or so I simply love it...read the tips and blogs...and I can see that it is a VERY good indicator. Can't monitor it for too long as I work full-time but the history shows some very good entries...patience is always the key...have to wait for a setup. Multi-time frame length is the best option in my opinion. Still study the finer points but after this short time of seeing it I am very impressed.

Update..just closing off my 2nd week with this indicator...simply love it...I think it is THE BEST currency strength indicator there is period. But you have to observe how price reacts and how the lines of the indicator are telling you. The secret of this indicator in my opinion is using multiple TFs. So many options available in the settings simply well done.

Daniel Stein
94659
Reply from developer Daniel Stein 2024.04.16 15:57
Dear David, thank you very much for this wonderful feedback. It’s highly appreciated. 🙏🙂
MatyasK2
252
MatyasK2 2024.03.02 18:06 
 

Since using this tool I finally see more profits in blue :) Very well calculated currency strength, especially the possibility to choose from many calculation timeframes. After some practising it's really possible to pick up good opportunities to trade. As a bonus you receive superb & fast support from Daniel. Thanks !

Daniel Stein
94659
Reply from developer Daniel Stein 2024.03.02 19:40
Dear Matyas, thank you very much for this wonderful feedback. It’s highly appreciated. 🙏🙂
jozec
81
jozec 2024.02.29 13:30 
 

Fx Power was a game changer for me and will recommend it to anyone that is serious about trading. It is very reliable if you know what you are doing and would advise that people apply the strategies suggested by Daniel for Fx Power, sometimes we want to re-invent the wheel which can be counterproductive.

On support, Daniel has been very supportive to me even on issues beyond Fx Power and would like to say a big thank you to him here.

Thanks Daniel and keep the good work going.

Daniel Stein
94659
Reply from developer Daniel Stein 2024.02.29 13:40
Dear jozec, thank you so much for this wonderful feedback. It's highly appreciated. 🙏🙂
mzambrano2020
105
mzambrano2020 2024.02.15 01:55 
 

Good day Traders. Initially I bought IX Power because I have always worked mostly with indices, Nasdaq, US30, SP500, surprised with the effectiveness of that tool, I decided to buy Fx Power for everything related to forex, this is how I started trading major and minor pairs with a success rate very high. Clear, precise tools, with good documentation and excellent developer support.

Daniel Stein
94659
Reply from developer Daniel Stein 2024.02.15 08:28
Thank you very much for this wonderful feedback. It’s highly appreciated. 🙏🙂
redneedle
470
redneedle 2023.12.23 18:22 
 

User didn't leave any comment to the rating

Daniel Stein
94659
Reply from developer Daniel Stein 2024.02.15 08:36
Thank you very much for your positive feedback. 🙏
Ingo Reimann
223
Ingo Reimann 2023.12.21 16:11 
 

The best and most precise product that I have had the pleasure of getting to know in my trading career. I can recommend it to everybody. Since I started using these products, trading has also been working. The support from the developers and the community are also in a class of their own.

Daniel Stein
94659
Reply from developer Daniel Stein 2023.12.21 16:32
Dear Ingo, thank you very much for your outstanding feedback. It's highly appreciated, and we're more than happy having members like you in our trading group. 🙂
bjoern2811
399
bjoern2811 2023.11.26 17:23 
 

The indicator:

No matter what time period you trade in, it immediately gives you a precise overview of which currency is currently weak and which is strong. There are various setting options for all time frames as well as a notification when a currency experiences a strength/weakness range has been reached or when the lines of a currency pair cross, everything can be freely adjusted.

The service:

Daniel & Alan offer great support in the Telegram group, if you have any problems or questions, they answer them in no time. The members themselves also provide help and insights into their trading. In addition, there is the daily market analysis that Daniel provides.

The conclusion:

For me, FX Power NG is the best currency strength tool on the market. Add to that the great service that Daniel & Alan provide.

Thank you for everything

Daniel Stein
94659
Reply from developer Daniel Stein 2023.11.26 18:10
Thank you very much for this wonderful feedback. It’s highly appreciated. 🙏🙂
richiewillie2us
320
richiewillie2us 2023.10.08 16:56 
 

I set up two timeframes of this indicator and within 5 seconds I can have an accurate image in my mind as to what the currencies are doing before I even look at a price chart. Daniel is also also very responsive and helpful if you have any inquiries. I always have this utility running on my platform when I am trading.

Daniel Stein
94659
Reply from developer Daniel Stein 2023.10.09 08:32
Thank you very much for your positive feedback. 🙏
Reply to review
Version 4.42 2024.10.16
Workaround for MT4 critical bug causing access violation.

Fixed 'incorrect casting of pointers', alert related critical bug.
Version 4.40 2024.10.15
Fixed and improved GUI responsiveness on MT4
Version 4.39 2024.10.14
Improved data reliability and performance
Version 4.38 2024.10.14
Fixed a recently introduced iCustom bug that caused a "cannot set timer" error.
Version 4.36 2024.07.12
New Features:
- Alert Scheduler: Now you can customize the timing for indicator signals to fit your daily routine without being disturbed when you're busy.

Bug Fixes:
- Fixed occasional loss of history line colours, width, and style.
- Resolved array out of range issue when a connection was lost.

Improvements:
- Enhanced data reliability in extreme cases.
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 4.22 2023.10.25
The long-awaited FX Power NG MT4 update is here.

Some users have told us that FX Power NG reacts very slowly, and we have found in internal tests that the identical program code in MT4 takes up to ten times longer than in MT5.

Nevertheless, Alain has managed to find a workaround that significantly improves performance. Unfortunately, this workaround comes at the expense of precision because it does not synchronize the data 100%, but from our perspective, the deviations are tolerable.

The FX Power NG MT4 version 4.22 now offers two calculation variants. The classic precise one, and the faster variant for a significant performance gain.

This allows you to compare and then decide for yourself which one you would prefer to use.

All the best
Daniel & Alain
Version 4.20 2023.09.28
Fixed MT4 "plot tweak", which was broken when using multiple instances.
It's now possible to define different line styles on multiple instances within one sub-window.

Added management of different "Gold" symbols when used in chart with symbol suffix.

Added detection of suffix if chart symbol is XAUUSD.a (MT4 Pepperstone)
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 "Delta" mode extended label
Version 4.17 2023.08.07
Fixed color change bug on history line labels
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 4.12 2023.07.25
Fixed MT4 strategy tester issues (colors, calculations)
Version 4.10 2023.07.24
Fixed minor bug

Modified input parameters sorting