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Davinchu blog

Edgewonk alternative: Edgewonk vs Davinchu

Edgewonk and Davinchu per their official pages as of 13 October 2026: import from MetaTrader and exchanges, psychology and review, alerts and limits, public statistics, language and price.

PublishedOctober 13, 2026AuthorDavinchu teamReading time6 min

Articles

All articlesDavinchu TradeOS overviewHow to use MT5Compound interestForex trading sessionsFunding rateCopy trading: picking a traderGrid and martingale riskMT5 tester vs live accountYour first 30 days in tradingStop loss and take profit in MT5Margin, margin call, stop outMT4 vs MT5Edgewonk vs DavinchuTradezella, TradesViz, DavinchuFX Blue vs DavinchuIntelinvest, Snowball, DavinchuLiquidation price: Bybit, BinanceInvestment tracking: Excel or appChecking an EA before buyingSelling EAs and signalsMT5 alerts in TelegramWhy an EA isn't tradingVPS for an EAPassing a prop challengeEvaluating a strategyTrading plan and checklistTilt and overtradingMT5 investor passwordInstalling an EA in MT5Showing results to investorsReturn: TWR and XIRRBybit trade historyCrypto portfolio trackingReviewing students' journalsTrading teamProfit factorTrading expectancyRisk/reward ratioThe 1% ruleSharpe, Z-score, AHPR, GHPRTrailing vs static drawdownLimiting losses in MT5Crypto trading journalRead-only API keyLot size calculationTrading journal templateMT5 account monitoringMyfxbook alternativesTrading journal for MT5Prop firm risk managementCalculating drawdownStocks from IBKR and T-BankJournals and monitoring compared

In short. Edgewonk is a deep trading journal focused on psychology and review: Tiltmeter, a weekly Edge Finder, chart and psychology labs, simulators. It is paid once a year and has no free plan. Davinchu is a trader's dashboard where the journal fills itself from MetaTrader and exchanges as soon as a trade closes, with Telegram alerts, a risk manager in MetaTrader 5, public links and a stock portfolio next to it; there is a free plan and seven interface languages. Everything a trader needs every day, in one dashboard.

Davinchu is our product, so about Edgewonk we only state what the service says on its official pages; checked on 13 October 2026.

Comparison in one table

EdgewonkDavinchu
MetaTraderMT5 — a read-only EA, MT4 — FTP report publishing, MT5 also by fileany forex and CFD broker on MT4 and MT5, prop firms included — a read-only EA, trades arrive as they happen
Crypto exchangesBybit (by file, derivatives only), Coinbase, MEXC Futures, PhemexBybit (futures and spot) and HTX (futures) — with a read-only key, automatically
Other brokers200+ brokers, import from an Excel templateany forex and CFD broker on MetaTrader 4 and 5; Interactive Brokers and T-Bank — in the investment portfolio with TWR and XIRR returns
Psychology and reviewTiltmeter, Edge Finder on Sundays, Psychology Lab, Chart Lab, setup checklists, up to 20 custom statistics, MAE/MFE, missed tradesemotions, mistakes from a list, execution score, a «Review» tab with the cost of rule breaks, a tilt alert, AI review
Alerts and limitsin-app feedback when you break your rules; Telegram and blocking not statedTelegram, email, Discord; the T-Manager risk manager in MetaTrader 5
Sharinga journal with another Edgewonk user, read-only; the public profile was removed in 2024public links to the account and portfolio with chosen fields, to the journal — without personal notes
Appnone, works in the phone browsera web dashboard on desktop and phone
Languagenot stated; the help center is in EnglishEnglish, Russian and five more languages
Price$197 a year (the page also shows $169), 14-day refund; no free planFree — at no cost, no time limit; Plus $9, Pro $22, Elite $49 a month, −20% yearly

Where Edgewonk is strong

  • Psychology as a discipline of its own. Tiltmeter shows how often you break your rules, Psychology Lab and the Sunday Edge Finder look for patterns and mistakes.
  • Review tools: Chart Lab, a trade management optimizer, a performance simulator, missed trades tracking, an MAE/MFE report.
  • Broad import: 200+ brokers and every market — forex, stocks, futures, crypto, options.

What Edgewonk lacks — and Davinchu has

  • A free plan and monthly billing. Davinchu Free costs nothing with no time limit, with a journal and two accounts; paid plans are monthly or yearly.
  • Alerts and account control. Trades, margin, stop-out and lost connection go to Telegram; T-Manager in MetaTrader 5 blocks new entries at the daily limit and maximum drawdown — how it works.
  • Public statistics. In Davinchu the account, journal and portfolio open by link; for the account and portfolio the owner chooses which fields are visible, and the journal shows statistics and trades without personal notes — «How to show trading results to an investor».
  • Stocks and crypto in a portfolio. Interactive Brokers, T-Bank and spot on five exchanges in one investment portfolio with TWR and XIRR returns.
  • Interface languages. The dashboard and messages come in English, Russian, German, Spanish, Polish, Ukrainian and Chinese.

Who Davinchu is for

  • Traders on MetaTrader or Bybit who want a journal that keeps itself, with psychology review — mistakes, emotions, «Review» and a tilt alert — right next to it — how it works.
  • Those who want account control: Telegram alerts, T-Manager limits in MetaTrader 5, «Account connection lost».
  • Those who show results to investors, students or buyers — public links with chosen fields.
  • Those who want to start free and pay monthly once they need more accounts: the Free plan connects two accounts at no cost.

What the Davinchu journal does is on the «Trading journal» page. Myfxbook and FXmonitor are compared in «Davinchu vs Myfxbook vs FXmonitor vs Edgewonk», Tradezella and TradesViz — in «Tradezella, TradesViz and Davinchu».

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