Self-filling journal
Trades from your account land in the journal without manual entry; you mark the plan, mistake and emotions.
Davinchu for beginner traders
The first months decide whether the deposit survives. On the free plan Davinchu collects trades from a demo or live account into a journal without manual entry, helps you keep risk at 1% per trade, shows what your mistakes cost and warns you about tilt — when trades suddenly multiply or volume grows after losses.
What it does
Everything to keep your first deposit
1% risk
The lot size calculator sizes the position for your risk and stop; the trade's risk is noted in the journal, the average — in the stats.
Mistake review
What plan violations cost, which mistakes cost the most and what to improve.
Tilt
A notification when there are too many trades in an hour or volume grows after losses.
Trading plan
Levels, stop, targets and a conditions checklist before entry; each setup is checked against seven strategy points.
AI account review
From 10 trades — a review of risk, discipline and behaviour after losses; 2 requests per month on Free.
How it works
Get started in four steps
Sign up
The Free plan costs nothing, no payment needed.
Connect an account
A demo or live MetaTrader 5 or 4 — with the EA; an exchange — with a read-only API key.
Size your risk
Trade volume from the lot size calculator, no more than 1% of the account per trade.
Review the week
Mark the plan and mistakes on trades, open Review — it shows what cost you money.
Four habits Davinchu takes care of
| Habit | What Davinchu does |
|---|---|
| Record every trade | trades from your account land in the journal on their own — with prices, volume, time and result |
| Risk no more than 1% per trade | the lot size calculator sizes the position for your risk and stop; the trade's risk is noted in the journal, the average — in the stats |
| Enter by plan | a trading plan with levels, stop and a checklist; each trade has «Followed the plan?» |
| Review mistakes weekly | the Review tab counts what plan violations cost and which mistakes repeat |
A journal that fills itself
Connect an account and trades appear in the journal without manual entry. For each one you can mark whether you followed the plan, rate the execution from 1 to 5, pick a mistake from the list (early entry, no stop, moved the stop, held the loser, FOMO, revenge trade — or your own) and your emotions before and after. The Review tab shows the cost of violations and the mistakes that cost the most, and suggests what to improve — for example, if you hold losing trades one and a half times longer than winners. How to keep a journal — in «How to keep a trading journal in MT5».
Tilt: stop in time
A beginner rarely loses the deposit on one bad trade — it is the streak after it. Davinchu watches manual trades and sends «Tilt detected» when the number of trades suddenly jumps (6 per hour by default) or the volume grows after losses (more than 1.4 times the average). Thresholds are adjustable in notifications; the detector is on by default. More in «Tilt, overtrading and revenge trading».
Calculators and a glossary — no sign-up
The site's calculators are free: lot size, pip value, drawdown and recovery, risk of ruin. The trader's glossary explains 63 terms in plain words — from spread and margin to profit factor and equity drawdown.
Demo and live accounts side by side
A MetaTrader 5 or 4 demo account connects exactly like a live one — with the Davinchu Trade Monitor EA; in the account settings it is marked «Demo». Bybit, Binance, OKX, BingX and HTX connect with a read-only API key. Demo and live statistics are calculated the same way, so you can see whether the result holds after switching to real money.
Your account, under your control
- Your trades and your decisions. Davinchu is a journal and analytics of your own trading: it shows what works for you.
- Read-only. The monitor EA and exchange keys only read data — you do the trading.
- Honest numbers. Deposits are kept apart from profit, drawdown is measured on equity, floating losses included.
Pricing
Free costs nothing: 2 accounts, 1 journal, 1 trading plan, 2 AI review requests per month. The T-Manager risk manager for MetaTrader 5 comes with Plus ($9 per month): a daily stop loss, maximum drawdown and a daily trade limit right in the terminal.
FAQ
Questions and answers
Can I connect a demo account?
Yes. A MetaTrader 5 or 4 demo account connects with the Davinchu Trade Monitor EA just like a live one; mark it «Demo» in the account settings.
Do I have to pay?
No. Free includes 2 accounts, 1 journal, 1 trading plan and 2 AI review requests per month. The MetaTrader 5 risk manager comes with Plus, $9 per month.
Will Davinchu teach me to trade?
No: it is a journal and analytics of your trades, with no signals or courses. Blog articles and the trader's glossary explain the terms and calculations.
How does Davinchu detect tilt?
From manual trades: too many trades in a short time (6 per hour by default) or volume growing after losses (more than 1.4 times the average). Then a «Tilt detected» notification arrives. Thresholds are adjustable.
How long does connecting take?
About 5–10 minutes: for MetaTrader — put the EA on a chart and paste the key from the dashboard; for an exchange — create a read-only API key.
Read also
- Your first 30 days in trading: a week-by-week plan
- How to use MetaTrader 5: a step-by-step beginner guide
- The 1% rule: how much to risk per trade and why
- How to calculate lot size: formula, examples and a calculator
- How to set stop loss and take profit in MT5
- Margin, leverage, margin call and stop out
- MT4 vs MT5: which to choose
- Trading plan: template and pre-trade checklist
- Copy trading: how to vet a trader before copying
- Compound interest in trading: formula, table and risks
- Forex trading sessions: market hours in UTC and Moscow
- Trader's glossary
Journal, risk manager and analytics in one dashboard
Free forever: 2 accounts, a journal and AI reviews. Setup takes 5–10 minutes.