Every Tool I Use to Track My Forex Trading
Tracking is not optional. If you are not measuring your trading, you are guessing about what works and what does not. Over five years I have tried a lot of tools. Some stuck. Some were overkill. Here is what I actually use and why.
MyFXBook is the foundation. It connects to my broker and pulls every trade automatically. I use it for public accountability, long term performance tracking, and analytics like win rate by session, average duration, and instrument breakdown. It is not pretty, but it is reliable and verified.
For journaling specifically, I have looked at Tradezella, TraderSync, and Edgewonk. Each has its strengths. Tradezella has a clean interface and good tagging system. TraderSync integrates well with multiple brokers. Edgewonk is more analytics heavy with custom statistics and behavioural scoring.
I will be honest. I do not use any of these consistently. My actual journaling happens through this site and through private notes. The reason is that I find most journaling platforms are designed for manual discretionary traders who take 3 to 5 trades per day and want to tag each one with emotions and setup types. My trading is mostly automated, which means I might have 20 to 50 trades in a day that I did not individually decide on. Tagging each one manually would be a full time job.
What I do use beyond MyFXBook is simple. A spreadsheet that pulls weekly summaries. Total trades, net pips, max drawdown, number of days the system was active versus disabled. This gives me a high level view without drowning in per trade detail.
For charting I use TradingView. It is the best charting platform available for retail traders. The multi timeframe analysis, alert system, and community scripts are excellent. I use it primarily for reviewing setups after the fact rather than for live trading decisions, since most of my entries are system generated.
IC Markets is my broker. I have used them for years. Spreads on gold are competitive, execution is fast, and the MT4/MT5 integration works well with my automated setup.
If I were starting today and trading manually with fewer trades per day, I would use Tradezella or TraderSync for journaling, MyFXBook for verification, and TradingView for charting. That stack covers analysis, tracking, and accountability.
The specific tool matters less than the habit. If you trade and do not track, you are flying blind. Pick something, use it consistently, and review weekly. That is the minimum.
No tool will make you profitable. But the right tracking setup will show you exactly why you are not.