VELQUORComparison
What VELQUOR does that a journal does not.
Trading journals are a crowded, mature category and several of them are good. This page is about the structural difference rather than a table of ticks, because a tick-box comparison of somebody else’s product goes out of date the week they ship something — and there is a section at the bottom about when you should not use this.
How does a trade get in?
A typical journal
Most journals connect to a broker or take a CSV, and pull the fill data — symbol, size, prices, times, P&L.
VELQUOR
The same, from MetaTrader, plus a screenshot of your chart taken at the open and again at the close.
What does the review actually show you?
A typical journal
The fill, and a price chart drawn afterwards from candle data. Any screenshot of your own setup is one you remembered to take and attach.
VELQUOR
Your screen as it was: your indicators, your levels, your drawings, at the moment you pulled the trigger. Nothing to remember.
What does the analysis measure?
A typical journal
Performance — win rate, profit factor, results by symbol, by day, by strategy tag.
VELQUOR
That, and behaviour: by session, by hour, by setup, and by how you said you felt going in. Plus what happens to your next trade after two losses.
What happens to a finding?
A typical journal
You read it. Acting on it is left entirely to you.
VELQUOR
You can re-take the trade. The chart runs to your entry with your stop and target drawn, everything after is hidden, and you decide again blind.
Where does replay come from?
A typical journal
Bar-replay tools are a separate product, and they generally start you on a random instrument and date.
VELQUOR
It starts from your own fills, so what you practise is the decision you actually got wrong.
How much typing per trade?
A typical journal
Varies. Usually the setup, the notes and any screenshot.
VELQUOR
The setup name and how you felt. Roughly ten seconds.
Who else is in this space
TradeZella, TraderSync, Tradervue and Edgewonk are the journals most MetaTrader traders end up comparing; FX Replay is the best-known standalone bar-replay tool; Myfxbook and FX Blue do automated tracking and copying. We deliberately do not print a feature table for any of them — their products change and ours would be out of date within weeks, and being confidently wrong about a competitor is worse for us than saying nothing. Go and look at them. Then open our demo and see whether the replay loop is a thing you want.
Be honest
When you should not use VELQUOR.
You trade US equities or options. VELQUOR is MetaTrader 5, so it is forex, metals, indices and crypto CFDs — a stock trader is better served elsewhere and it is not close.
You want a shared journal for a team or a prop desk. This is built around one trader looking at their own book.
You want backtesting over historical data with a strategy builder. Replay here is a training exercise on your own fills, not a backtester.
You do not want any software in your terminal. There is a hosted option, but the version that captures your chart is the one that runs where your chart is.
A full account, no signup. The replay is the part worth two minutes.