Free trading journal for MT4 & MT5
Find the mistakes that cost you money
Every number matches your broker statement to the cent, so what a mistake costs is real money, not a guess.
- Free for one account
- Read-only, never trades
- Matches your broker statement
- Net P&L
- −420.00 USD
- Lost on mistakes
- −1 520.00 USD
- Revenge trade · 9 trades−640.00 USD
- Moved stop · 6 trades−410.00 USD
- Oversized · 4 trades−290.00 USD
- FOMO entry · 7 trades−180.00 USD
01 / What you get
What you get
01
A five-minute review instead of a spreadsheet
Trades come in by themselves. At the end of the day you mark what went wrong — one key per mistake — and the journal adds up what each mistake costs.
- EURUSDBuy+42.10 USD
- XAUUSDSell−86.40 USD1Moved stop2Revenge trade3FOMO entry
- GBPUSDBuy−31.20 USD1Moved stop2Revenge trade3FOMO entry
02
See what actually pays
Your result by hour, weekday, symbol and setup, with the number of trades next to every figure — so you can tell a pattern from luck.
- Best: 08–10 · +1,120 USD · 31 trades
- Worst: 12–14 · −380 USD · 14 trades
03
Know what breaking your rules costs
Set your rules: daily loss limit, max loss per trade, trades per day. The journal shows your result when you kept them and when you broke them. On a prop challenge, that is the difference between passing and failing.
- Rules kept
- +1 840.00 USD
- 52 trades
- Rules broken
- −960.00 USD
- 12 trades
02 / How it works
How the trading journal works
- 01
Bring your trades in
Upload your MT4/MT5 report, or install the read-only connector once.
- 02
Review the day
Five minutes after the close: mark what went wrong.
- 03
See the cost
In dollars — by mistake, hour, symbol and rule.
- Read-only connector, open source
- No password
- Matches your broker statement
- Nobody at the company looks at your trades
Free tools, no sign-up
All free tools →- Win rate calculatorEnter your wins and losses — and, if you have them, your average win and loss. See your win rate, the win rate you need to break even, your expectancy and profit factor.
- Risk of ruin calculatorEnter your win rate, reward-to-risk and risk per trade. See the chance that a losing run takes the account down to the level you call ruin — a prop firm’s max loss, for example.
- Risk reward calculatorEnter the entry, stop and target of a trade. See its risk-to-reward ratio, the win rate it needs to break even and where 1R, 2R and 3R targets sit.
- Forex compound calculatorEnter a starting balance, a gain per period and how many periods. See the end balance, what compounding adds and the balance after each period — with deposits or withdrawals if you make them.
- Trading journal templateA ready spreadsheet: one row per trade, and it counts your win rate, profit factor and drawdown — and what each mistake costs you.
- Forex sessions and ICT killzones clockThe Sydney, Tokyo, London and New York sessions and the five ICT killzones, today, in your own time zone.
- Lot size calculatorLots from your balance, risk and stop — for forex pairs, gold, NAS100, US30, GER40 and bitcoin, with the contract size your broker uses.
- Prop firm calculator: daily loss and max drawdownEnter your account size and today’s numbers. See how much you can still lose before the daily limit or the overall max loss — and the equity you must stay above.
- Prop-firm rule checkWhat each firm’s public rules say about EAs, third-party access to the account and journals — with the source and the date we checked. Free, no sign-up.
03 / Questions
Questions
›How soon will I see what my mistakes cost?
Your results by day, hour and symbol are there right after the upload. The cost of mistakes builds up as you review: mark a mistake on a trade — today’s or any past one, several at once — and it counts from then on. A week of reviews is enough to see the first numbers.
›Is this trading journal really free?
Yes, for one account: auto-import from MetaTrader, the daily review, reports and the cost of mistakes — no trade limit, no card. More accounts and API sync come with Pro; during the beta everything is free.
›Can I use it as a forex trading journal or a prop firm tracker?
Yes. It is built for forex and CFD traders on MetaTrader 4 and 5, on their own broker account or on prop challenges. Set the firm’s daily loss limit as a rule and it is counted the way prop firms count it; several challenges side by side need Pro.
›Is it safe to connect my trading account?
The connector runs in your own terminal and only reads the history. It never places, modifies or closes orders — our build checks its code for trading calls — and its source is published with checksums. We never ask for your master or investor password.
›Is my broker supported?
If your broker runs MetaTrader 4 or MetaTrader 5, yes: the connector works from inside the terminal, whoever the broker is. You can also upload the MT5 HTML/XLSX report or the MT4 statement.
›Will a prop firm see this as third-party access?
The connector is your own Expert Advisor in your own terminal; it does not log in to the account from our servers. Firms differ: the prop-firm rule check shows what each firm says and when we checked. When unsure, upload the report file.
›I already use Myfxbook. Why another tool?
Myfxbook shows statistics. The journal is for the review: tag mistakes in a minute, see what each one cost and set rules that hold. You can keep both.
04 / Start
Bring in last month’s trades and see where it went.
- Free forever for one account
- Not a trial
- No card
What happens after you click
- 01Sign up with your email
- 02Upload last month’s report — about a minute
- 03See your trades, matched to the statement
More accounts and API sync come with Pro later. See pricing