FX Power NG Understand the Market Trade with the strongest currency on your side.
Every pair you trade is two currencies. FX Power NG separates them and ranks all eight majors plus Gold on one scale, on MT4 and MT5. You see which side is genuinely strong before you commit, and the Delta line shows which way the gap is moving.
Where it came from
Three answers from Daniel.
The gap
A pair is a seventh of the story. EURUSD moved. Whether euro or dollar drove it stayed hidden.
The idea
Each currency measured alone, on one scale. Strong and weak settled before I pick the pair.
What makes it special
You set the analysis period, four hours or seven days. The reading is identical on every timeframe. It has carried our strategies for over a decade.
Watch the tutorial
About FX Power NG
Every pair you trade is two currencies pulling against each other, and the chart of the pair alone never tells you which side is doing the work. FX Power NG separates them. It measures the relative strength of all eight majors (USD, CAD, GBP, EUR, CHF, JPY, AUD, NZD) plus Gold on a single scale, so before you commit to a pair you see which currency is genuinely strong, which is genuinely weak, and which way the gap between them is moving.
Key Features
- All eight major currencies plus Gold, tracked on one scale at the same time
- The Delta line: the live strength gap between the two currencies of your chart symbol, and the direction it is travelling. Momentum you can read before price confirms it
- 25 preset analysis periods from 10 minutes to 3 years, plus a fully custom window: match the read to how you trade
- Symbols panel with the Delta pre-calculated for every major pair, so the widest opportunities surface on their own
- List view and Equalizer view: read the strengths as a ranked table or as a bar comparison
- Heatmap backgrounds for fast visual scanning across sessions
- Alerts on three triggers: strength crosses, strength thresholds, and Delta moves
- Run several instances on one terminal: short, medium and long analysis side by side
- Runs on MT4 and MT5 as a self-contained indicator: one purchase, attach it to a chart, and you are live
How traders use it
The most common workflow is confirmation before entry. A trader sees a possible long setup on GBPJPY on the daily chart. Before touching the order ticket, they open FX Power and check: GBP ranks near the top, JPY near the bottom, and the Delta between them is widening. 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 Delta right now. No clicking through charts one at a time. The panel surfaces the opportunity. FX Power is where most SI workflows begin.
Supported markets
Eight major forex currencies plus Gold. 25 preset analysis periods from 10 minutes to 3 years, plus a custom window. MT4 and MT5.
Which analysis period?
The analysis period sets how far back FX Power NG measures strength. The right one depends on your chart, and these are the starting points I recommend.
Three instances, one chart. For intraday trading on M5 and M15, my standard recommendation is three instances side by side. Each has its own role: 1 Week for the trend, 1 Day for the middle, 4 Hours as the trigger. It is the setup you see in many of my videos.
One instance, one rule. Choose a period that covers roughly 30 to 50 candles of your chart. When in doubt, take the next step up:
- M5: 4 Hours
- M15: 8 Hours, the setting I use myself
- H1: 2 Days
Check it on your own chart. Pick the moves you want to trade and hold the history lines against them. Too many false entries mean the period is too short, so go one step up. Exits that come too late mean it is too long, so go one step down. On MT5, the free Crosshair lines up price and history lines for this check.
Every value here is a starting point that you fine-tune on your own chart.
Getting started
After purchase on MQL5, attach the indicator to any chart and it runs on its own. Set the analysis period to match how you trade and enable the currencies you follow. The tutorial at https://youtu.be/IG5psJkbSLk covers setup, the panel modes, and how to configure Delta alerts for the session start.
From signal to trade.
Ready-made strategies from our workshop, with videos and chart templates, so you can start right away.
Uses three FX Power NG instances to detect full currency breakouts. When all six strength lines of two currencies separate cleanly - all three lines of one above all three of the other - the momentum is real. A triple-timeframe alignment like that produces moves you can trade with conviction.
See the strategyThree instances of FX Power NG on different timeframes reveal when short-term pullbacks are ending within a strong long-term trend. The 1-week trend sets direction, the 1-day and 4-hour trends act like dogs on a leash - they deviate, but always return. Entry comes when the short-term line snaps back toward the long-term baseline.
See the strategyA complete manual trading system built on FX Volume and FX Power NG. Institutional volume changes reveal which currency is attracting interest, FX Power confirms whether that interest translates into actual strength. When volume, positioning, and strength all align, the setup fires - and the win rates across documented trades speak for themselves.
See the strategyCombines FX Volume positioning data with FX Power strength readings to catch reversals. When institutional net long volume rises but currency strength temporarily drops, a snap-back is likely. This divergence pattern offers entries with strong risk-reward at the point where strength realigns with positioning.
See the strategyWhat traders say
Real reviews, public on MQL5 and quoted word for word. Each tile links to its source.
Works great with
Power Candles colors your candlesticks by FX Power's strength values, bringing the data straight onto the price chart. IX Power covers non-forex instruments with the same engine, so running both spans every market you trade. FX Trend adds multi-timeframe trend direction, and Custom Alerts AIO routes FX Power signals into any notification channel.
Frequently asked questions
1. Why Choose FX Power NG?
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.
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 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