Most journals ask you to type your trades in twice — once when you take them, once when you record them. BetterTradeJourney reads your MetaTrader 5 history itself, synced from your account every trading morning or from the report MT5 already produces, so the journal is populated before you open it.
Link an MT5 account once with its investor (read-only) password, and your newly closed trades arrive every trading morning — and whenever you press Sync now — each with the price candles around it from your broker's own feed. The investor password can view history but cannot place trades or withdraw money, and a password that can trade is refused. Every plan includes at least one synced account; statement upload stays available alongside it.
In MetaTrader 5, open the Toolbox, right-click any report and save it as HTML or XLSX. Drop that file into BetterTradeJourney and every position in it is parsed — entry and exit price, lot size, commission, swap, stop loss, take profit and the exact timestamps. Nothing is retyped, so nothing is mistyped.
Win rate, profit factor, expectancy, average R:R and maximum drawdown are all derived from the imported fills. Because they come from the broker's own record rather than from what you remember of the session, the numbers do not flatter you — which is the only reason they are worth reading.
A scaled entry is three tickets in MT5 and one decision in your head. Grouping them makes the journal reflect the trade you actually took, and the statistics treat the group as a single position rather than three uncorrelated wins or losses.
Imports are matched on the broker's ticket ID, so re-uploading an overlapping statement updates existing trades instead of duplicating them. You can export a fresh report every Friday without ever cleaning up afterwards.
Create your account, choose a plan, then link your MT5 account or upload one statement — and see your real numbers in a couple of minutes.
Start my MT5 journal