Edgewonk

Edgewonk is an online trading journal: you bring in trades executed elsewhere — by importing a file exported from your broker or platform, by automatic sync where Edgewonk documents it, or by entering them by hand — and Edgewonk turns them into a journal and a wide set of performance reports. A large part of its documentation concerns the trader’s own behavior: comments you rate on each trade’s entry, exit, and management feed discipline metrics and a weekly automated review. Edgewonk is made by Quantum Trade Solutions GmbH in Germany, and its terms state that it does not give trading recommendations.

What Edgewonk is

Edgewonk is an online service, accessible at edgewonk.com and edgewonk.app, and using it requires registering an account. Its homepage describes cloud access from a phone, tablet, or computer; dedicated mobile apps aren’t established in the sources we reviewed. Edgewonk lists futures, stocks, forex, crypto, options, indices, and commodities among the markets it supports, and each journal can use any account currency. It’s sold as one annual subscription that, according to its pricing page, includes every feature, with unlimited journals, broker accounts, and imported trades, plus a portfolio page that combines performance across journals.

Importing trades

How trades get into Edgewonk depends on the platform. Edgewonk’s Supported Brokers page lists its platforms in a table headed “Fast Import Supported,” and only one row — MetaTrader 4 and MetaTrader 5 — is marked as auto sync. Its help center documents that automatic route: MT4 syncs to Edgewonk using connection details you enter in MT4, and MT5 uses an automatic-import add-on (an Expert Advisor) installed in the platform. For the other platforms we checked, the help center documents exporting a file and importing it: an Excel file from NinjaTrader, an Orders CSV from Tradovate, an order-history CSV from Rithmic R Trader, a Flex Query CSV from Interactive Brokers, and a CSV or TXT export from TradeStation. Automatic sync for those five wasn’t established in the sources we reviewed. Edgewonk’s homepage refers to “automated imports” in general terms, so it’s worth checking the specific instructions for your platform. For platforms that aren’t listed, Edgewonk offers a generic Excel import, and trades can always be entered manually. Its platform list also includes importers for exports from other trading journals, including TradeZella, TraderSync, and Tradervue.

Edgewonk for futures traders

Futures have their own journal setup: you can set an entire journal’s default trade type to futures, or mark individual trades as futures in a mixed journal. Futures trades get a contract multiplier field, editable per trade, which Edgewonk uses to calculate profit and loss when automatic profit calculation is turned on. For the main futures platforms, the documented route is file import. NinjaTrader 7 and 8 exports need NinjaTrader set to English and must be in .xlsx format. Tradovate orders are exported as a CSV from the desktop or web platform. Rithmic R Trader order history is exported one date at a time, so a longer history means several files, and commissions are included only if all columns are exported. Edgewonk’s changelog also notes that fees can be set per instrument. Futures-specific analytics beyond the multiplier aren’t established in the sources we reviewed.

Journal and analytics

The single plan lists a wide set of journaling and reporting tools. Trades can be tagged across up to 20 custom tag categories, with up to six screenshots per trade (Edgewonk’s terms limit each uploaded image to 1 MB), and setups can carry checklists so you can track which criteria were met on each trade and how those factors relate to results. A built-in Notebook works as a trading diary, and trading plans and missed trades can be recorded alongside taken trades. On the analytics side, Edgewonk lists MFE/MAE reports, best-exit analysis, drawdown and winning- and losing-streak analysis, risk analytics, time-of-day and weekday reports, holding time, a profit calendar, monthly performance reports, and commissions and fees tracking. Edgewonk’s terms also describe sharing journal information with other users or on a public profile page.

Discipline and behavior analysis

Much of what Edgewonk documents concerns how you traded, not only what you made, and most of it is built on information you supply. For each trade you can add entry, exit, and trade-management comments and classify each as positive, neutral, or negative. Edgewonk’s Efficiency metric is calculated from those classifications: its help center gives the example of seven positive and two negative comments producing an efficiency of 78%. Efficiency therefore reflects your own assessment of whether you followed your rules, not an independent measurement. The Tiltmeter shows how often you break your trading rules and highlights streaks of stronger and weaker behavior, and it can be overlaid on your equity curve; how it’s calculated isn’t documented in the sources we reviewed. You can also create your own statistics for mental factors — Edgewonk’s examples include confidence, stress, focus, and discipline — and tag trades with them. Sessions provide a structured daily, weekly, or monthly review with report cards, reflection prompts, and lesson tracking. None of this is automatic emotion detection or a psychological assessment: it’s a framework for recording and analyzing your own observations.

Edge Finder

Edge Finder is an automated scan that Edgewonk runs on your journal every Sunday. Its reported measures include your win rate with its weekly change and break-even reward-to-risk ratio, your most profitable trading times, Total Edge Leak (how much performance is lost when rules are broken), your costliest mistakes (the most negative entry, exit, and management comments), True System Edge (results with the effect of rule breaks removed), your return-to-drawdown ratio, your efficiency score and its weekly change, and your reward-to-risk ratio. Several of these measures draw on the comments and ratings you’ve entered, so their usefulness depends on how consistently you record them.

Backtester, Alternative Strategies, and the simulator

Edgewonk uses familiar names for tools that work differently from what those names usually mean, so the details matter. As Edgewonk documents it, its Backtester doesn’t test a strategy against historical market data. You describe a strategy idea, then enter the theoretical outcome of each backtested trade yourself — in R-multiples, currency, or percent — for two variations of the strategy side by side, and Edgewonk graphs the results and summarizes key metrics. Alternative Strategies lets you test how a different stop, target, or trade-management approach would have performed on your logged trades compared with what you actually did. Edgewonk also lists a Performance Simulator; the documentation we reviewed describes its trading simulator in terms of losing-streak probabilities based on trade outcomes, and it isn’t established as a market simulation. Trade replay, market replay, and automated rule-based backtesting aren’t established in the sources we reviewed. Edgewonk can import TradingView paper-trading exports, but paper trading itself isn’t established as an Edgewonk feature.

About the AI wording

Edgewonk’s homepage mentions “AI-driven analysis,” and its Edge Finder page is headed “AI Augmented Trade Analysis.” The mechanism those pages describe is an automated algorithm that scans the journal each week; the sources we reviewed don’t document a specific AI capability beyond that wording. Whether Edgewonk uses AI in a meaningful sense isn’t established by the documentation we reviewed.

Pricing and plan

Edgewonk is sold as an annual subscription with a single plan, and its pricing page states that every customer gets access to all features, with no tiers. Prices are stated in US dollars, with VAT added at checkout for buyers in the EU and UK. The price itself isn’t consistent on the pricing page: the plan card reads “$197 / 12 months” and “$197 billed every 12 months,” while the page’s headline refers to investing “$169 today” and a second footnote gives the price outside the EU and UK as “$ 169 USD.” We don’t know which applies at checkout, so confirm the price there before buying. The site also advertises time-limited offers of extra free months, with countdown timers and differing terms across pages, and we don’t quote them. “Lock in your price for life” on the pricing page refers to keeping your subscription price, not to lifetime access to the software. A free trial isn’t described in the sources we reviewed. Whether a free plan exists isn’t clear either: the pricing page describes a single paid subscription, while Edgewonk’s terms say a large part of its services is provided free of charge, and its changelog refers to free users.

Refunds and cancellation

Edgewonk’s pricing page advertises a “14-day, 100% money-back guarantee” and says refunds are given “no questions asked.” Its terms of service set out the statutory 14-day withdrawal right for consumers, including provisions under which that right can lapse for digital content once performance has started with the consumer’s express consent, and under which a proportionate amount may be payable for services already provided. We don’t reconcile the two; check which terms apply to your purchase. According to the pricing page’s FAQ, you can cancel your subscription at the end of the subscription period, Edgewonk sends a reminder email before renewal, and after you have cancelled you can no longer log into your Edgewonk trading journal.

Where Edgewonk falls short

The most practical limitation for futures and stock traders is imports: for NinjaTrader, Tradovate, Rithmic R Trader, Interactive Brokers, and TradeStation, the documented route is exporting and importing files, and automatic sync for those platforms wasn’t established in the sources we reviewed. Edgewonk’s discipline analysis depends on the trader rating their own trades, so it’s only as consistent as that input. Trade replay, market replay, and automated rule-based backtesting aren’t established, and the Backtester, as documented, records outcomes you enter rather than testing against market data. The pricing page shows two different prices for the same plan, a free trial isn’t described, and cancelling ends access to the journal.

Who Edgewonk is best for

Edgewonk fits traders who want to analyze their own rule adherence and behavior alongside their performance, and who are willing to rate and comment on their trades consistently to get value from Efficiency, the Tiltmeter, and Edge Finder. It also suits traders who prefer a single plan with every feature over tiered pricing, MetaTrader 4 and 5 traders who want documented automatic sync, and futures traders who are comfortable exporting files from their platform and want a futures journal setup with contract multipliers.

Who should look elsewhere

Traders who need automatic imports from NinjaTrader, Tradovate, Rithmic R Trader, Interactive Brokers, or TradeStation should confirm that workflow directly, since the sources we reviewed document file import for those platforms and don’t establish automatic sync. Traders who want replay of their trades or of the market, or automated rule-based backtesting, won’t find those established here. Traders who want behavioral analysis that doesn’t rely on rating their own trades should factor that in. Traders who specifically require a documented free trial should note that one isn’t described in the sources we reviewed; whether a current free plan exists is unclear. Anyone who needs a single, unambiguous price should confirm it at checkout.