Short answer
- Three market tools and six calculators at /tools, public, no sign-in: currency strength, a correlation table, a market hours clock, and position size, pip value, margin, profit, risk/reward and drawdown calculators.
- Currency strength and correlation are computed server-side from FxMind's own recorded candles, not a fixture: a pair with no data yet is left out rather than guessed.
- The correlation table shows its own sample size on every row, so you can see how much a number is worth before you act on it.
- The calculators run in your browser; position size uses the same library as the trading desk's own order ticket.
Words used here
- Currency strength
- How much a single currency (not a pair) moved, averaged across every major pair it appears in, over the window you pick.
- Correlation
- How closely two pairs' price moves track each other, from -1 (opposite) to +1 (identical), measured over their recent closed bars.
- Sample size
- How many bars a correlation number was measured over. A number from 20 bars means less than one from 100.
- Pip value
- How much one pip of price movement is worth in your account's currency, for a given trade size.
Currency strength: which one moved, not which pair
A pair tells you two currencies moved against each other; it does not say which one did the moving. FxMind's currency strength tool averages a currency's change across every major pair it appears in (the 8 majors, 28 pairs), on 1h, 4h, 1d or 1w windows, computed from FxMind's own recorded candles rather than a third-party feed. A currency the catalogue does not carry candles for yet is left out of the reading rather than shown with a made-up number.
The correlation table, with its sample size shown
Two pairs that move together add up risk you might not have noticed: a losing EURUSD trade and a losing GBPUSD trade the same day are not two independent bad calls if the pairs were 0.9 correlated that week. The table computes Pearson correlation on bar-over-bar returns, over the newest 100 hourly or 90 daily closed bars for every pair FxMind holds candles for, and every row shows its own sample size, so a correlation from a thin history reads differently from one measured over a full window.
Market hours: four sessions, real daylight saving
The clock shows Sydney, Tokyo, London and New York on the conventional trading-desk day, worked out from your own device's time zone database so a daylight-saving change updates itself rather than needing a yearly fix. Next to it sits the next high-impact event from FxMind's own calendar, fetched so it is there on the very first load of the page.
Calculators: the same maths as the order ticket
Pip value, margin, position size and profit/loss run in your browser over the public instrument catalogue. Pip value, position size and profit/loss reuse the exact library the trading desk's own order ticket uses, not a second implementation that could quietly drift from it. Margin is the position's value divided by the leverage, converted into your account currency at live rates. Two more answer the questions that come after sizing: the risk/reward calculator gives the win rate a setup needs to break even, and the drawdown calculator shows how many losses in a row reach a prop firm's max loss. Each calculator has its own page, starting with the position size calculator. An instrument that cannot be priced says so instead of printing a number made up to fill the field.
No account, no fixture data
Every number on every one of these pages is computed live and cached briefly (two to five minutes depending on the tool), the same live-data rule FxMind holds itself to everywhere except its own /demo pages. There is nothing to sign in for and nothing sample about it: what you see is today's own market, read the same way the trading desk reads it.
These tools need no plan and no account. When you want the same sizing inside the order itself, the desk's order ticket takes the size from your risk and FxMind checks your rules before you press the last button; order entry is Pro and above. See /features.
Questions
- 01
Do I need a FxMind account to use these tools?
No. Every page at /tools is public, with no sign-in.
- 02
Where does the currency strength number come from?
FxMind's own recorded candles across the major pairs, not a third-party feed or a fixture. A currency with no data yet is left out rather than estimated.
- 03
Why does the correlation table show a sample size?
So a correlation measured over a short recent history reads differently from one measured over a full window. A number with a small sample is worth less, and the page says so plainly rather than hiding it.
- 04
Do the calculators use the same numbers as the trading desk?
Pip value, position size and profit/loss reuse the exact same calculation library the desk's order ticket uses. Margin is the position's value over your leverage, converted at live rates, since the desk itself reads a live margin figure straight from the broker.
- 05
Does the market hours clock handle daylight saving automatically?
Yes. It reads each city's own time zone rules from the runtime rather than a hand-kept table, so a daylight-saving change updates itself.
Sources
Prices, plans and rules change. Check the company's own page before you pay. Product names belong to their owners and are used here only to say which product we mean.
This article is general information, not investment advice. FxMind gives no buy or sell signals and never opens a trade for you.