Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Vantage Reviews & Ratings
    15,346 Ratings
    Company Website
  • IUX Reviews & Ratings
    968 Ratings
    Company Website
  • Capitalcore Reviews & Ratings
    87 Ratings
    Company Website
  • Summ Reviews & Ratings
    842 Ratings
    Company Website
  • TradingView Stock Widgets Reviews & Ratings
    16 Ratings
    Company Website
  • Chainstack Reviews & Ratings
    34 Ratings
    Company Website
  • Elevate EDI Reviews & Ratings
    12 Ratings
    Company Website
  • UENI Reviews & Ratings
    9,549 Ratings
    Company Website
  • BYDFi Reviews & Ratings
    5,933 Ratings
    Company Website
  • CallTrackingMetrics Reviews & Ratings
    938 Ratings
    Company Website

What is TradersWatcher?

TradersWatcher is a cutting-edge trading journal designed to highlight the essential elements of a trader's performance that are often missed by standard statistics, such as trade execution and the trader's emotional state during decision-making moments. The platform includes an Expert Advisor that streams real-time data on every trade fill from MT4 and MT5, providing critical insights into latency, slippage, spread at fill, requotes, and partial fills—metrics that a basic CSV export fails to capture—while also assessing broker performance based on actual trade outcomes. For those using trading platforms outside of MetaTrader, the system supports imports from 14 different broker and exchange formats, employing AI-assisted mapping for any data it encounters for the first time and ensuring deduplication to avoid redundant re-imports. Each trade entry is meticulously documented with its corresponding setup, the emotional state of the trader, the intensity of the decision, and a marker indicating whether the trade adhered to the established trading plan, accompanied by a concise spoken review that is recorded and transcribed at the conclusion of each trading session. Comprehensive statistics are subsequently produced based on a variety of factors, including setup type, time of day, trading session, day of the week, trading symbol, and emotional state. Furthermore, proprietary traders can take advantage of a powerful rule engine featuring 15 preset configurations, all designed to align with the specific timezone of their firm. It is crucial to note that the platform refrains from placing orders, sending signals, or copying trades, functioning instead as a reflective and analytical tool that empowers traders to evaluate and enhance their performance over time, ultimately fostering personal growth and strategic improvement in their trading endeavors.

What is Renko EA?

Renko Expert Advisors consist of two distinct Metatrader tools: the Renko Chart EA, which generates renko charts, and the Renko Trader EA, which facilitates trading based on these renko brick charts. The primary capabilities of the Renko EAs include the ability to create offline Renko charts using custom names like M2, M3, and M4, while avoiding the standard M1, M5, M15, or M30 configurations. These Renko charts need to be consistently updated to enable traders to execute manual trades or to utilize expert advisors for automated trading. Additionally, the system can utilize the Parabolic SAR (PSAR) to determine when to open or close trades based on the color of the Renko bricks. The Renko Charts EA serves as a MetaTrader expert advisor that allows users to create and utilize Renko bar charts, which are not natively available in MT4 since it primarily relies on candlestick, line, and bar charts. Meanwhile, the Renko Trader EA is designed to trade these Renko bricks, helping users identify market trends and providing the option to buy during an uptrend or sell when a downtrend is detected. Ultimately, both tools enhance trading strategies by incorporating the unique characteristics of Renko charts, allowing traders to make more informed decisions in the market.

Media

No images available

Media

No images available

Integrations Supported

MetaTrader 4
MetaTrader 5
cTrader

Integrations Supported

MetaTrader 4

API Availability

API Availability

Pricing Information

$0
Free Version
Free Trial Offered?

Pricing Information

$98
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

Windows
Mac
Chromebook
Linux

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

TradersWatcher

Company Location

Canada

Company Website

traderswatcher.com

Company Facts

Organization Name

RobotFX

Date Founded

2006

Company Location

United Kingdom

Company Website

www.robotfx.org/p/renko.html

Categories and Features

Trading Journals

Not specified

Categories and Features

Forex Robots

Not specified

Popular Alternatives

Popular Alternatives

MetaTrader 4 Reviews & Ratings

MetaTrader 4

MetaQuotes
GridTrade Reviews & Ratings

GridTrade

SmartWelcome