FX Power NG
Tracks relative strength of 8 major currencies and Gold with analysis periods from 10 minutes to 3 months, plus custom configurations. Delta analysis shows how strength is shifting, not just where it stands. Available for MT4 and MT5.
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About FX Power NG
FX Power NG measures the relative strength of eight major currencies - USD, CAD, GBP, EUR, CHF, JPY, AUD, NZD - and optionally Gold, with configurable analysis periods from 10 minutes to 3 months, plus custom configurations. Before entering a trade, know which currency is genuinely strong and which is genuinely weak. Instead of reading a single pair in isolation, you see the full picture of where momentum lives in the market.
Key Features
- Eight major currencies plus optional Gold, all tracked on the same scale simultaneously
- 10 preset analysis periods from 10 minutes to 3 months, with custom configurations available
- Delta line showing the differential between two currencies - not just current values, but the direction of change
- Symbols panel with delta values pre-calculated for every tradeable pair, so you don't have to do the math yourself
- Interactive list view and equalizer view - switch between a ranked table and a bar-style comparison at a glance
- Heatmap backgrounds for rapid visual scanning across sessions
- Alert system covering three triggers: strength cross, absolute strength thresholds, and delta alerts
- Multi-instance support on the same terminal
- Available for both MT4 and MT5; no SI Connect required
How traders use it
The most common workflow is confirmation before entry. A trader sees a potential long setup on GBPJPY on the daily chart. Before touching the order ticket, they open FX Power and verify: GBP currently ranks near the top, JPY near the bottom, and the delta between them is widening - not narrowing. That alignment is what turns a possible trade into a probable one. Without it, the setup stays on the watchlist.
A second common use is session scanning. At the London open, a trader pulls up the symbols panel and immediately sees which pairs show the widest current delta. No scanning of charts one by one - the panel surfaces the opportunity. FX Power is the starting point for most SI workflows, not an add-on.
Supported markets
Eight major forex currencies plus Gold. Analysis periods from 10 minutes to 3 months, plus custom configurations. MT4 and MT5.
Getting started
After purchase on MQL5, attach the indicator to any chart - it operates independently and does not require any companion software. Configure your preferred calculation period and enable the currencies you track. The tutorial at https://youtu.be/IG5psJkbSLk covers setup, the panel modes, and how to configure delta alerts for session-start monitoring.
What traders say
Works great with
[Power Candles](/products/power-candles) colors your candlesticks based on FX Power's strength values, bringing the data onto the price chart. [IX Power](/products/ix-power) handles non-forex instruments using the same engine, so running both covers every market you trade. [FX Trend](/products/fx-trend) adds multi-timeframe trend direction, and [Custom Alerts AIO](/products/custom-alerts) routes FX Power signals into any notification channel.
Frequently asked questions
FX Power NG is more than a tool—it’s your partner in navigating the markets.
Dive in, explore its features, and let it take your trading to new heights. You’ve got this!
1. Why Choose FX Power NG?
FX Power NG isn’t just another tool—it’s your trading edge. Whether you're diving into gold trading or analyzing currency dynamics, FX Power NG brings unparalleled insights and flexibility to your strategy.
Here's why traders love it:
- Gold/XAU Strength Analysis: Precision-crafted for gold traders.
- Customizable Timeframes: Whether you’re scalping or swing trading, FX Power NG adapts to your needs.
- Enhanced Performance: Enjoy faster, smoother calculations and the ability to run multiple instances.
- Smart Alerts: Stay in the loop with real-time updates or alerts based on confirmed signals.
- Modern Design: A sleek, customizable interface that fits your style.
Ready to elevate your trading?
2. Pro Tips for Success
Success in trading isn’t just about having the right tools; it’s about using them wisely. Here are some tips to maximize FX Power NG’s potential:
Think Bigger with Timeframes: Always use analysis periods longer than your chart timeframe for more reliable data.
- Use a 4-Hour analysis period for an M5 chart.
- Use a 1-Day analysis period for an H1 chart.
Combine for Clarity: Use multiple FX Power instances for short-, mid-, and long-term views to get a clearer picture of currency dynamics and time your trades like a pro.
Solve Data Issues Quickly:
- Lower Calculated History Bars to 500 or fewer.
- MT4 users, grab the MT4 Data Downloader to ensure all historical data is loaded.
3. What Makes FX Power NG Stand Out?
- Live Currency Strength Analysis: Instantly spot trends and reversals.
- Dedicated Gold Analysis: Get unparalleled insights into XAU trading and a detailed Gold Trading System with screenshots: Discover More.
- Flexible Alerts: Choose between real-time notifications or confirmed signals with options to suit your schedule.
4. Your Questions Answered
Are there strategies for FX Power?
Yes! FX Power is a cornerstone of several proven trading strategies. Explore Strategies.
Can I Combine Alerts for FX Power Analysis?
Absolutely! While FX Power NG offers excellent alert options, integrating it with Custom Alerts takes your trading to the next level. Custom Alerts enhances FX Power by allowing you to:
- Combine Multiple Analyses: Set unified alerts across different FX Power instances or timeframes.
- Leverage Pre-Defined Strategy Alerts: Receive tailored notifications designed for various trading strategies, simplifying decision-making.
- Enjoy Full Customization: Adjust settings to match your trading style, ensuring you’re notified only when it matters most.
Custom Alerts exceeds FX Power’s built-in capabilities by offering seamless multi-market monitoring and pre-set strategies that help you act confidently and efficiently.
Learn more about how Custom Alerts can supercharge your FX Power NG experience here: Custom Alerts Overview.
How does FX Power NG compare to IX Power?
FX Power NG is your go-to tool for analyzing currencies and gold. If you’re trading indices, cryptos, or commodities, IX Power is the perfect complement.
- FX Power NG: Specializes in currencies and gold, analyzing pairs like EURUSD, GBPUSD, and XAUUSD.
- IX Power: Focuses on indices (e.g., S&P 500), cryptocurrencies (e.g., Bitcoin), and commodities (e.g., oil).
Why not combine both? With FX Power NG and IX Power, you’ll have the tools to master multiple markets.
How does FX Power NG compare to FX Volume?
FX Power NG and FX Volume work beautifully together, offering complementary perspectives:
- FX Power NG: Highlights which currencies or gold are gaining or losing strength.
- FX Volume: Reveals how much of each currency is being traded and whether positions are long or short.
Why choose one when you can have both? FX Power NG shows where the action is, while FX Volume tells you how the market is positioned.
Can I use FX Power NG in an EA?
Absolutely! We provide MQ4 and MQ5 snippets so you can seamlessly integrate FX Power NG into your Expert Advisors.
Why might values or history lines not appear?
This can happen if the required historical data isn’t fully loaded:
- Lower Calculated History Bars to 500 or fewer.
- For MT4 users, download the MT4 Data Downloader to ensure all necessary historical data is available.
Note: The MT4 Data Downloader is only for MT4 users. MT5 terminals do not require this tool.
Why does FX Power NG seem slower on MT4?
MT4 processes the same program code up to ten times slower than MT5. FX Power NG offers two modes to address this:
- Classic Mode (Synchronized): Ensures consistent values across different timeframes and symbols but requires more processing power.
- Faster Variant (Unsynchronized): Delivers quicker results by skipping synchronization with a slight trade-off in precision.
5. Additional Resources
Have more questions or need further clarification? Don’t hesitate to reach out to us anytime—we’re here to help!