Market power
The indicator measures how strong the current move is compared to the daily average of the past X days.
"Keep the current move's power in sight at all times."
The indicator measures how strong the current move is compared to the daily average of the past X days.
Shows rising or falling momentum across the last X bars.
Define custom low/medium/high zones for each instrument.
Every setting is customizable in both size and behavior.
Two moves can look identical on a chart – the same candle size, the same distance – yet one is backed by real volume and volatility while the other is already running out of momentum. Without measuring that, it's easy to chase a move that's already exhausted or ignore a real trend because it doesn't look impressive yet.
Price shows the move. Strength tells you how much conviction is behind it.
Chasing exhausted moves cost me more trades than I'd like to admit. I wanted one simple number that told me whether the momentum was still there – both on the chart in front of me and in the bigger market context around it.
It's still on my chart before every momentum trade.
Not just PowerMeter: all my other tools are included, Account Guard and the Trading Journal among them.
If PowerMeter keeps you out of a single exhausted move in those 14 days, it has paid for itself for the rest of the year.
No credit card required · No automatic charges