Forex Trading Journal for MetaTrader
Automated pip-based trade tracking, currency pair correlation analytics, and session heatmaps for MT4 & MT5.
What It Does
Forex trading requires tracking both dollar returns and exact pip movements. ChartWise automatically converts pip movements for standard FX pairs (EURUSD, GBPUSD, USDJPY, AUDUSD), Gold (XAUUSD), and Crosses, and attributes your trading results to exact session windows.
How It Works in ChartWise
- Background Sync: Trades are logged the millisecond they close on MT4 or MT5.
- Pip-Normalized Analytics: Track total pips won vs lost, average duration, and realized R:R.
- Session Insights: Discover your highest-edge market hours.
Settings & Configuration Options
| Analytics Dimension | Metrics Calculated | Strategic Value |
|---|---|---|
| Pair Performance | Net Pips, Win %, Profit Factor | Identify which currency pairs generate profit. |
| Session Timing | Asian, London, NY Overlap | Avoid trading during low-liquidity chop sessions. |
When to Use It
- Forex Day Traders: Logging trades without manual spreadsheet fatigue.
- Prop Firm Forex Evaluations: Maintaining disciplined records.
"Forex isn't just about dollars made—it is about pip efficiency and session timing."
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