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 plan
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.
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.
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 the Free plan
- 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 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 plan, no credit card required
- Unlimited notes and screenshots
- Up to 3 connected trading accounts on the Free plan
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.
“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!”
Jed CarsonTrustpilot review “The journal interface is seamless in use, the importation of data from mt4/5 to the dashboard is really fast. it provides quite useful metics to use while analysing data and i love that they keep improving the site every other week. highly recommend!!!!”
TrustpilotTrustpilot review “best program for tracking your Trading-Journey, simply connect it with your MT4/MT5 Acc & enjoy the statistics”
Ertan TikenTrustpilot review “They have a BEAUTIFUL product here, and offer a lot even on the free tier. I rarely leave reviews but this is the least I could do for a product I LOVE.”
TrustpilotTrustpilot review “The best site for checking your trading account. Very useful, especially the calendar part that calculates your performance on day, week, and month. I appreciate the team of TraderWaves for the hard work.”
TrustpilotTrustpilot review “These guys really deserve a 5 star rating. I paid premium amount to a well-known trading journal platform (Tradezilla). These guys provide the same for free. Huge shoutout to the team.”
TrustpilotTrustpilot review “This is by far the best free trading journal I’ve come across 🤟🏾”
TrustpilotTrustpilot review “the fact that this is free is crazy. I used to use tradezilla and this smacks it out the park.”
TrustpilotTrustpilot review “I tried several journaling apps and out of the 4 I have used none beats TraderWaves. I love the simple UI, account linking, and updates. A five star doesn't do it justice — I think a 10 star will.”
TrustpilotTrustpilot review “THE BEST TRADING JOURNAL I'VE EVER USED — MAKE SURE YOU TRY IT OUT.”
TrustpilotTrustpilot review “Awesome and amazed how they are providing this much completely free. Thank you TraderWaves!”
TrustpilotTrustpilot review “TraderWaves has completely transformed the way I organize and analyze my trades. It’s intuitive, clear, and comprehensive. The team behind TraderWaves shows real commitment and dedication.”
TrustpilotTrustpilot review “I can upload screenshots and input my data. It’s free and totally amazing experience as a beginner.”
TrustpilotTrustpilot review “It has the best journal experience compared to some premium journals out here.”
TrustpilotTrustpilot review “It’s free but still has all the features needed in a digital trading journal. I'd recommend it to anybody.”
TrustpilotTrustpilot review “Loving TraderWaves and its free platform! Looking forward to new premium features and the trade copier. Awesome experience!! 10/10”
TrustpilotTrustpilot review “TraderWaves helped me monitor trades and improve strategy. The free option makes it the best journaling tool for beginners. Thanks to the team behind it. God bless you all.”
TrustpilotTrustpilot review “So far it’s one of the best out there. Only recommendation for now would be like an actual App for iOS/android users.”
TrustpilotTrustpilot review
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.
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.
FAQs
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 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. Free 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. The Free plan 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 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. The Free plan stays free. Upgrade to Pro when you need more accounts or Wave AI.