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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 SetMetric?

SetMetric is an all-encompassing online trading journal and analytics tool designed for traders eager to analyze their trading history in a meaningful way. Users can either enter trades manually or bring in data from broker CSV files, allowing them to organize their activities through notes, tags, setups, and error labels. The platform includes a calendar and daily journal that link trades with the trader's reflections, while its dashboards and reports deliver a snapshot of crucial metrics, including net profit and loss, win rates, profit factors, expectancy, drawdown, and performance across various symbols, strategies, or time frames. Moreover, playbooks and goal tracking empower users to keep tabs on their personal rules and processes as they evolve over time. The free plan grants unlimited trade entries and CSV imports, fundamental metrics, and basic reporting capabilities, whereas the Premium version provides access to advanced analytics, an extensive metric library, extra playbooks and portfolios, detailed reports, image uploads, and the capability to utilize Metric AI. Notably, SetMetric is dedicated exclusively to the analysis of trades that users have entered or imported, steering clear of trade execution or brokerage account management, thus allowing traders to focus on enhancing their strategies without the burden of transaction oversight. This unique aspect of the platform equips traders with essential insights into their performance, enabling them to fine-tune their trading strategies effectively and make informed decisions moving forward.

Media

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Media

No images available

Integrations Supported

MetaTrader 4
MetaTrader 5
cTrader

Integrations Supported

API Availability

API Availability

Pricing Information

$0
Free Version
Free Trial Offered?

Pricing Information

$9/month
Free plan ($0, no time limit) includes unlimited trade logging and CSV imports, 10 core metrics, one portfolio, one playbook, and one goal. Premium is $19.99/month or $179/year. A $9/month founding-member rate is advertised for the first 100 subscribers; no annual founding-member rate is stated.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / 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

SetMetric

Date Founded

2026

Company Location

United States

Company Website

setmetric.app

Categories and Features

Trading Journals

Not specified

Categories and Features

Trading Journals

Not specified

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