I've used MyFXbook for a long time now
I've used MyFXbook for a long time now. But now I use Traderwaves also. Easy to connect and I don't have to leave a separate MT4 chart up for it to upload details. Can't believe it's a free platform. Thank You!
METATRADER 4 TRADING JOURNAL
The Trading Journal for Your MT4 Trade History
Automatically sync your MetaTrader 4 trades into TraderWaves and get everything you need to journal, analyse and improve in one place. Leave the spreadsheet rebuild behind and review a connected history with notes, analytics and Wave AI coaching.
- Auto trade import
- Built-in analytics
- Notes, screenshots, and tags
- Free forever Essential plan
Why use TraderWaves as your MT4 journal?
TraderWaves brings your journal, performance analytics, backtesting tools and Wave AI coaching into one place. It is free to start, and support for more than 700 broker connections makes it easier to maintain one consistent journal across supported accounts and platforms.
AUTOMATIC TRADE SYNCING
Sync MT4 trades into one journal
Automatically sync your MetaTrader 4 trades into TraderWaves instead of copying them into spreadsheets by hand. Add notes, screenshots, strategy tags and psychology context, then use detailed analytics to compare setups and uncover patterns in your performance.
View the MT4 connection guide
ANALYSE YOUR PERFORMANCE
Uncover patterns Excel never found
Automatic metrics turn imported history into filters you can compare by symbol, session, costs and the tags you add.
- Unlimited notes and screenshots on Essential
- Strategy, mistake and custom tags
- Emotional State, Star Rating and journal templates
REVIEW WITH WAVE AI
Ask better questions of tagged MetaTrader 4 history
Get personalised insights from Wave AI Coach to help you understand your trading patterns and improve your performance.
- Explore patterns across tagged setups and mistakes
- Ask how costs affect net results on a connected login
- Review notes and screenshots alongside the numbers
EVERYTHING IN ONE PLACE
Journal, analyse and backtest in the same workspace
Connect your MetaTrader 4 account once and have access to analytics, charts, alerts and backtesting making your trade review easier.
- Charts and visual performance views on imported trades
- Backtest your strategies
- One workspace, multiple tools
FREE TO START
Begin the MetaTrader 4 journal for free
Start journaling for free, then upgrade for more tools.
- Free forever Essential plan, no credit card required
- Unlimited notes and screenshots
- Up to 3 connected trading accounts on Essential
What MetaTrader 4 traders say about TraderWaves
See how traders are using TraderWaves to connect their MT4 accounts, review their statistics and keep track of their performance.
Your MetaTrader 4 journal in TraderWaves.
What you can review after MetaTrader 4 trades are imported
Supported MT4 imports populate the same journal fields used across TraderWaves. Exact values depend on what the connected account records.
Example TraderWaves journal entry for an imported MT4 EUR/USD trade, with strategy tag London breakout, mistake tag Entered early, custom tag HTF bullish, London session, Asia range break setup, Calm emotional state, a 4 out of 5 rating, a journal note, and entry and exit chart screenshots.
- Symbol and direction: The traded symbol and buy or sell direction.
- Entry, exit, and size: Entry, exit, and position size from the recorded trade.
- Open time, close time, and holding time: When the trade opened and closed, and how long it was held.
- Stop-loss and take-profit: Recorded where those levels are present on the trade.
- Commission, swap, and fees: Trading costs stored as separate fields on supported imports.
- Profit and Net Profit: Gross and net results so costs are not mixed into one number.
- Magic number: Recorded where MetaTrader attached a Magic number to the trade.
- What you add in TraderWaves: Strategy Tags, Mistake Tags, Custom Tags, notes, screenshots, Star Rating, and Emotional State. Filter by session after import.
Frequently Asked Questions
Answers based on the current MetaTrader 4 connection, syncing, and journal tools in TraderWaves.
What is the best trading journal for MT4?
TraderWaves is one of the best MT4 journal options for traders who want automatic syncing, detailed analytics, flexible journaling and AI coaching in one place. It combines notes, screenshots, tags, psychology tracking, performance metrics and backtesting tools in a platform that is free to start.
Why use a separate trading journal when MT4 already has account history?
MT4 account history records what happened, but it does not capture the full reasoning behind each decision. TraderWaves adds notes, screenshots, strategy and mistake tags, psychology context and deeper analytics, helping you understand why a trade worked or failed rather than only seeing its result.
What should I track in an MT4 trading journal?
A useful MT4 journal should track more than profit and loss. Record the setup, reason for entering, market session, risk, mistakes, emotional state and what you would repeat or change. TraderWaves combines this context with automatically imported trade metrics for a more complete review.
Can Wave AI help me review my MT4 trades?
Wave AI Coach helps you explore patterns in your recorded trading data and ask questions about your performance. It can support reviews of setups, sessions, mistakes and trading behaviour, but it does not predict markets, provide financial advice or replace your own trading rules and judgement.
Can I keep multiple trading accounts in one journal?
Yes. TraderWaves lets you review multiple supported accounts from one workspace, including accounts across different trading platforms. Essential supports up to three connected accounts, while Pro supports unlimited accounts. TraderWaves provides access to more than 700 broker connections.
Can I use TraderWaves as a free MT4 journal?
Yes. TraderWaves Essential is free forever and does not require a credit card. It includes automatic imports where supported, journal access, unlimited notes and screenshots, and up to three connected accounts. You can upgrade if you later need unlimited accounts, Wave AI Coach or additional analytics.
Import your MetaTrader 4 history and start journaling in TraderWaves
Automatically bring your trades in, add notes and tags, then analyse performance in one workspace. Essential is free forever. Upgrade to Pro when you need more accounts or Wave AI Coach.
