Edgewonk alternative
Edgewonk Alternatives: 7 Trading Journals Compared
Seven Edgewonk alternatives compared on price, free tiers, imports and whether they can test a rule change on your own trades. Prices checked November 2026.
Read comparisonMyfxbook Alternatives for 2026 7 Tools for MT4 and MT5 Traders
Myfxbook is free and great for verified MT4 and MT5 track records. These seven alternatives go further on analysis and rule testing. Prices checked November 2026.
Reviewed on TrustPilot
Short answer: keep Myfxbook if what you need is a free, verified track record to share. If you run expert advisors and want to know which sessions, weekdays or volatility conditions cost your EA money, and test a rule change on its real trades, try Tessera. If you want a full journal with lots of statistics for little money, TradesViz. If you trade by hand and care about discipline, Edgewonk.
Prices and features below were checked on each vendor's own site as of November 2026, in US dollars before tax. Promotions change often, so check current pricing before you buy.
| Tool | Price from | Free tier | Native imports | Best for | Tests rule changes on your trades? |
|---|---|---|---|---|---|
| Myfxbook (for reference) | Free | Yes. Some connection methods are paid | MT4, MT5 and cTrader account connection | Free tracking and verified track records | No |
| Tessera | Free plan. Paid from $39 a month ($390 a year) | Yes. Trade log for 1 account (last 30 days of trades) and Strategy Lab backtests with weekly limits, plus a free Entry Analysis report | Sync: IBKR (Flex), OANDA, cTrader, Binance, Liquid Brokers. File: MT4 and MT5 reports, Tradovate, NinjaTrader Orders CSV, Hyperliquid, TradingView Strategy Tester, Custom CSV | Algo and EA traders testing rules | Yes. Entry filters and exit changes, replayed on real candles |
| TradesViz | $19.99 a month ($14.99 billed yearly) | Yes, but stocks only | MT4 and MT5 sync, plus NinjaTrader, IBKR and 250 plus brokers and platforms | Data heavy traders on a budget | Partly. Stop and target what-if on past trades |
| Edgewonk | $35 a month, or $197 for 12 months | No. 14 day money back guarantee | MT4 and MT5 auto sync. IBKR and NinjaTrader by file | Discretionary forex traders working on discipline | Exits only, through Alternative Strategy Testing |
| TradeZella | $35 a month ($26 billed yearly) | No free plan or trial listed | MT4, MT5, NinjaTrader and IBKR by sync or file | Day traders who review with replay and playbooks | No. Backtesting runs on historical charts |
| TraderSync | $29.95 a month list price, often discounted | Free journal with limits | MT4, MT5 and IBKR sync. NinjaTrader by file | Traders who want an AI assistant and market replay | No. Backtester and replay use historical data |
| Tradervue | $29.95 a month (Silver) | Yes. 30 trades a month | MT4, MT5, NinjaTrader, IBKR and others | Stock and futures traders who want a simple journal | No. Gold adds exit analysis |
| A spreadsheet | Free | Yes | Whatever you paste in | Low trade counts | Only if you build it |
What Myfxbook does well
Myfxbook is free and well known. It connects to MT4, MT5 and cTrader accounts and turns them into a statistics page with drawdown, profit factor and other metrics. The free MetaTrader route is an expert advisor that publishes your account from the platform, updating every few minutes while the terminal is open. A paid Live Update option keeps updating when the platform is closed.
Its standout feature is verification. Myfxbook can verify a track record and trading privileges, which makes it a common way to share an EA's live results. It only needs read only access to your account.
Myfxbook also launched a free backtesting and market replay tool in 2026. That works on historical charts rather than the trades in your connected account.
If what you need is free tracking and a public, verified record, Myfxbook is very hard to beat.
Why EA traders look for a Myfxbook alternative
The common triggers:
- You want to know why the EA loses, not only how much. Myfxbook describes the account. Finding which session, weekday or volatility regime drains an expert advisor takes more slicing than a track record page offers.
- You want to test a fix before you change the code. For example: what if the EA skipped Friday afternoons, or used a wider stop? Myfxbook does not replay rule changes on your trades.
- You want to compare backtest and live. Your MT5 Strategy Tester report and your live account should be analysed the same way.
- You run strategies outside MetaTrader as well, on TradingView, NinjaTrader, IBKR or crypto exchanges.
- You want a journal, with notes and trade review, not only account statistics.
1. Tessera: best for EA and algo traders testing rules on their own fills
Tessera is trade analytics and a journal built for traders whose entries come from rules or code, including expert advisors. MT4 and MT5 come in as report files, including MT5 Strategy Tester reports, so backtest and live can be compared side by side. It also syncs IBKR (Flex), OANDA, cTrader, Binance and Liquid Brokers, and reads Tradovate, NinjaTrader Orders CSV, Hyperliquid trade history, the TradingView Strategy Tester export and any spreadsheet through Custom CSV. See the brokers page.
Statistics break results down by session, weekday, volatility regime and time of day. The simulator then tests a rule change on the trades the EA actually took: drop entries that fail a condition, or replay different stops and targets on real candles. Rules that hold up become versioned policies. Policies export to Pine Script for TradingView. For an MT4 or MT5 EA you would apply the change in your MQL code yourself.
Where it falls short of Myfxbook: it is not free, it has no MetaTrader live sync (MetaTrader comes in by report file) and it does not publish a verified public track record.
Tessera also includes Strategy Lab, a backtester. Build a strategy without code, or with TES, the AI strategy coach, backtest it on years of data and stress test it on the unseen period, Monte Carlo, price noise, costs, other markets and prop-firm challenge rules. On paid plans, Launchpad can run that strategy on paper or on a cTrader or Liquid Brokers account. The strategy, the settings and the risk are yours, and a backtest is not a guide to future results.
Best for: EA and algo traders who want to find what costs their strategy money and test a fix first. There is a Free plan, and paid plans start at $39 a month. Start with the free Entry Analysis report.
2. TradesViz: best full journal for MetaTrader on a budget
TradesViz syncs MT4 and MT5, as well as many other brokers and platforms, and has a very large statistics library, custom dashboards and a stop loss and profit target simulator that replays different exits on past trades. Its free Basic plan covers stocks only, so a forex EA trader will need Pro.
Pro is $19.99 a month or $14.99 billed yearly, and Platinum $29.99 or $22.49 billed yearly.
Best for: MetaTrader traders who want deep statistics and an exit what-if for little money. Fair comparison on the TradesViz alternatives page.
3. Edgewonk: best for discretionary forex traders
Edgewonk auto syncs with MT4 and MT5 and is built around discipline: the Tiltmeter, psychology fields and checklists. Alternative Strategy Testing varies stops, targets and management on the entries you took.
It is $35 a month or $197 for 12 months, with a 14 day money back guarantee.
Best for: manual forex traders who want to work on discipline. More on the Edgewonk alternatives page.
4. TradeZella: best for replay and playbooks
TradeZella syncs MT4 and MT5 among 500 plus brokers and prop firms, with Trade Replay on Pro and above, playbooks and Zella AI. Essential is $35 a month and Pro $59, or $26 and $44 billed yearly.
Best for: discretionary day traders, including prop firm traders, who review by replaying sessions. More on the TradeZella alternatives page.
5. TraderSync: best for AI chat and market replay
TraderSync syncs MetaTrader 4 and 5 and adds Cypher, an AI assistant that reviews trades in chat, plus a market replay simulator and a backtester. List prices start at $29.95 a month, often discounted, and there is a limited free journal.
Best for: traders who want coaching in chat. More on the TraderSync alternatives page.
6. Tradervue: best simple journal
Tradervue imports MT4 and MT5 among many platforms and is a clean, focused journal. Gold adds exit analysis and advanced reports. There is a free plan capped at 30 trades a month, which a busy EA will outgrow quickly. Silver is $29.95 a month on its pricing page, but check current pricing.
Best for: traders who want a plain journal with good reports. See the Tradervue alternatives page.
7. A spreadsheet: best for checking a few numbers
Exporting your MetaTrader history to Excel or Google Sheets is free. Pivot tables by hour and weekday get you a long way for one EA. Testing a different stop needs candle data and a lot of formulas.
Best for: traders with one EA and the patience to build their own analysis.
Free Myfxbook alternatives
Myfxbook is already free, so a free alternative has to do something different. As of November 2026:
- A spreadsheet is free and fully flexible, if you build it.
- Tradervue Free covers 30 trades a month, which suits low frequency strategies.
- TraderSync's free journal allows manual entry with limited file imports.
- TradesViz Basic is free, but stocks only.
- Tessera Free includes the trade log for one broker account (last 30 days of trades) and Strategy Lab with 5 backtests a week. Its free Entry Analysis report runs on your own MT4 or MT5 history and shows which conditions cost the strategy money.
Cheaper paid Myfxbook alternatives
Nothing paid is cheaper than free. If you are choosing a paid tool to sit alongside Myfxbook, the lowest list prices for MetaTrader traders are TradesViz Pro ($14.99 a month billed yearly) and Edgewonk ($197 for 12 months). Tessera Standard costs more, at $39 a month or $390 a year, and adds Strategy Lab, a no-code backtester. See Tessera pricing.
You can keep Myfxbook for the public record and use one of these for analysis.
Myfxbook vs Tessera in detail
| Myfxbook | Tessera | |
|---|---|---|
| Price | Free, with paid connection options | Free, or Standard $39, Plus $99 or Pro $249 a month |
| MetaTrader connection | MT4 and MT5 through an EA or paid live update | MT4 and MT5 report files |
| Other platforms | cTrader | IBKR, OANDA, cTrader, Binance, Liquid Brokers, Tradovate, NinjaTrader, Hyperliquid, TradingView Strategy Tester, Custom CSV |
| Verified public track record | Yes | No |
| Breakdowns by condition | Account statistics | Session, weekday, volatility regime and time |
| Test a rule change on your trades | No | Yes, with the simulator |
| Rules you can version and export | No | Versioned policies, exported to Pine Script |
| Exportable reports | Public account page | Exportable reports |
Choose Tessera if
You run EAs or other algos and want to know which conditions cost them money
You want to test a filter or stop change on the real trades before touching the code
You want backtest and live analysed the same way
You trade across MetaTrader and other platforms
Prefer Myfxbook if
You need a free, verified track record to share with investors or buyers
Free account tracking is all you need
You want live MetaTrader updates without exporting files
How we chose these tools
We picked tools that MetaTrader traders actually use alongside or instead of Myfxbook. Prices, free tiers and imports were checked on each vendor's own pages in November 2026. We have not run every tool side by side on the same account. Tessera is our product, so read its entry with that in mind.
More comparisons
- Other alternatives pages: Edgewonk, TradeZella, TraderSync, TradesViz and Tradervue.
- Neutral head to heads between other journals are on the compare hub.
- Not sure what to look for? Read the best trading journal for algo traders.
- Check how MetaTrader files come in on the brokers page.
Test one entry filter on your own trades
Run a free Entry Analysis report, then simulate dropping one group of trades from the history you already took.
How the Tessera workflow fits together
Tessera is a connected product suite on your closed trades: trade log and statistics, focused reports, a simulator, rules, and Pine export, kept together on one workspace.
Trade Log
Every fill lives in one place: synced from a broker or imported once through Custom CSV with a mapping you can reuse. Attach a market snapshot and a short note when the trade still matters, not as a mood ritual, but as context for later review.
That same history feeds everything else in Tessera. Statistics, reports, simulations and rules all read the closed trades you already took, so you are not stitching exports together every Sunday.
- Sync supported brokers in one click
- Map a CSV once, reuse the template
- Snapshot the chart state at the fill
- Optional notes, no mood checklist
- Same fills power every later view
- Review without a Sunday spreadsheet merge
Statistics
Statistics is the always-on read of your book: PnL, win rate, expectancy, drawdown, sessions, symbols, timing and risk, laid out so you can scan a period and move on. Filter the window and the charts follow the trades you selected.
There is no proprietary Tessera score and no composite grade that flattens your account into someone else's ideal profile. The dimensions stay checkable. When you need a deeper cut than the dashboard, you leave Statistics and run a focused report.
- P&L, win rate, expectancy, drawdown
- Cut by session, symbol, and timing
- Filter a period; charts follow
- Standard metrics you can audit
- No proprietary composite score
- Hand off to a report when you dig in
Reports
Reports answer a specific question on the same closed history. Performance Review for how a strategy or period actually behaved. Entry Analysis for which conditions at entry separated winners from losers. Exit Placement for whether stops and targets were doing their job.
Condition slices surface the pattern in plain terms: session, trend, volatility, distance to a level, indicator state. You leave with a cohort you can name, not a vague sense that "New York was bad." That cohort is what you take into Trade Review and the simulator next.
- Which entry conditions actually paid
- Whether your stops earned their keep
- Session, trend, and volatility slices
- Distance-to-level cohorts you can name
- A finding you can take into the sim
- Built on fills you already took
Trade Review
Trade Review puts your fills back on the chart in the price action and regime they happened in. After a report pick or a simulation, it also shows exactly which trades that finding or rule covers, so you are not working it out from a table of ticket IDs.
Use it to confirm the story before you change a rule. If the slice looks wrong on the chart, you catch it here. If it looks right, you have visual proof of the cohort you are about to test.
- See each fill on the live candles
- Regime and context at the entry
- Highlight every trade in a report pick
- Preview which fills a sim would touch
- Catch a bad slice before you change rules
- Visual proof before you save a rule
Simulator
The simulator asks what would have happened if you had traded the same closed history under a different rule. Keep or drop entries by the conditions present when you took them: session, trend, volatility, indicator state. Or leave the entries alone and vary stop loss and take profit distance.
Run one change at a time so you can see what moved. Compare the filtered cohort against the original. If the result holds up, you are ready to save it as a rule rather than leaving the insight in a screenshot folder.
- Drop entries by session or condition
- Test wider or tighter SL / TP distance
- Hold everything else fixed
- Compare filtered vs original cohort
- Counterfactuals on your real fills
- Promote a result into a rule
Policies
In Tessera, a policy is a versioned rule attached to a strategy: the keep filter, the veto, the exit distance that survived a simulation. It is not a note in a journal and not a half-remembered habit from last month's review.
When something holds up, you save it, name it, and keep it on the strategy so you can return to it, combine it with other rules, and re-test the stack. The point is a rule you can defend, not a feeling that you should "be more selective in New York."
- Keep filters and veto rules, versioned
- Exit distance saved on the strategy
- Name the rule so you can find it again
- Stack rules and re-simulate together
- Return to last month's tested change
- A rule you can defend, not a feeling
Policy Pine
Once a rule is worth forward testing, Policy Pine composes it into TradingView. Merge the rule into a copy of your existing strategy script, or export it as a standalone indicator you paste onto the chart yourself.
Tessera does not auto-push to your TradingView account. You stay in control of what hits the chart. The composed Pine is the bridge from a tested cohort back into live forward testing, with the experiment trail still sitting in Tessera.
- Merge a tested rule into your script
- Or export a standalone TV indicator
- You paste; nothing auto-deploys
- Forward test on TradingView candles
- Keep the experiment trail in Tessera
- Bridge from cohort to live chart
Connected workspace
The connected workspace is where the suite stops being a list of tools. The hub shows every strategy, report, simulation and rule you have built. Open a canvas and those pieces become a node graph linked by what produced what.
When a filter improves a cohort, you can still see the Entry Analysis that surfaced it, the simulation that tested it, and the rule you exported, on the same trail. That is how you know whether a change held up across your process, not only whether one review session felt better.
TES can narrate a prepared report when you run one. Tessera does not ship a dedicated tilt score or an automated weekly scan of your whole trade history. Findings are hypotheses, not conclusions. Forward test before you commit size.
- See every strategy, report, and sim in one hub
- Open a canvas where artefacts link by lineage
- Trace a rule back to the report that found it
- See the sim that proved a change
- Know whether a rule held up over time
- Stop hopping tabs for the full picture
Ready to try Tessera for free?
Connect your trade log, run focused reports, and test one rule change at a time on trades you already took.
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Read comparisonMyfxbook is a trademark of its respective owner. Tessera is not affiliated with, endorsed by or sponsored by Myfxbook. Comparisons reflect publicly available information as of 5 November 2026 and may change.
Ready to test a rule change on your own trades?
Run a free Entry Analysis report, simulate one filter on your closed history, and see whether the cohort improves before you change how you trade.