DuoFX Trading Psychology
Catch revenge trading the moment it happens. Phone trades included. Free for good. Burnout, exhaustion, revenge trading at 2 am. We have been there. A trader's mental health matters to us, so DuoFX Trading Psychology is free and always will be. No catch and no upgrade nags, just a tool that helps you notice when it is time to stop.
- Flags revenge trades, bigger lots after a loss, overtrading, losing streaks, the daily loss limit, trades without a stop loss and trades outside your planned hours.
- A discipline meter on the chart: Calm, Warning or Tilt, with the reason in plain words.
- Non-blocking alerts: an on-chart notice, sound, push to your phone and email. No pop-up box to click away.
- An optional cooldown you choose while calm: after a tilt, flag or close new trades for a while. Older trades are never touched.
Version 1.0 for MT5 and MT4 · Page updated
Trading psychology you can see on the chart
DuoFX Trading Psychology watches every trade on your account and tells you when your trading starts to look emotional: a revenge trade a few minutes after a loss, bigger lots to win it back, one trade too many, a losing streak or the daily loss limit. The panel shows one word, Calm, Warning or Tilt, and the reason, for example "2nd trade 4 min after a loss, lots up 2x", with today's trades, losses in a row and day P/L against your limit.
Revenge trading, overtrading and the daily loss limit
Set your own numbers: the revenge window after a loss (15 minutes by default), the trades a day in your trading plan, the losing streak that ends your day and the daily loss limit as a percentage of the day's starting balance, open trades included. A trade still without a stop loss after a short grace time is flagged too, so a stop you add right after the fill never is.
A cooldown you choose while calm
Switch it on before you trade. After a losing streak, the daily loss limit or a revenge trade it starts a break of the minutes you set, or until the next day. Warn only flags every new trade; Close new trades closes a trade opened during the break at once. Only trades in your scope opened after the break began are ever closed, and closing still costs the spread and commission already paid. A countdown and a confirmed End cooldown button sit on the panel.
It sees phone trades too
No tool can block a trade in MetaTrader, and a phone trade never passes through your desktop. An Expert Advisor still sees every position on the account while the terminal runs, so attach it once in a terminal that stays on, a VPS for example.
Markets: forex, gold, indices, commodities, crypto and futures
Any symbol: forex, gold and other metals, indices, commodities, crypto CFDs and futures. It watches the whole account.
How to buy and install
DuoFX Trading Psychology is sold on the official MQL5 Market, one listing for each platform: DuoFX Trading Psychology for MetaTrader 5 and DuoFX Trading Psychology for MetaTrader 4. Price: Free. Buy or download it there, then install it from the Market tab in your MetaTrader terminal (Toolbox on MT5, Terminal on MT4) and drag it onto a chart. Licences, activations and free updates are handled by the MQL5 Market.
Specifications
| Platforms | MetaTrader 5 and MetaTrader 4 |
|---|---|
| Type | Utility EA that never opens or changes a trade |
| Checks | Revenge trade, size up after a loss, overtrading, losing streak, daily loss limit, no stop loss, planned hours |
| Alerts | On-chart notice, sound, push, email |
| Cooldown | Optional: off, warn only, or close new trades |
| Price | Free |
Trading Psychology (free) on the chart
DuoFX Trading Psychology: questions and answers
Is it really free?
Yes, free for good, with every feature and no upgrade messages.
Can it stop me from opening a trade?
No tool can block a trade in MetaTrader. It tells you at once, and the optional cooldown can close a new trade within a few seconds.
Does it trade?
It never opens or changes a trade. It closes a trade only in the cooldown's close mode, which is off by default.
Which trades does it watch?
Manual trades (phone and web included), all trades, or the magic numbers you list; all symbols or only the chart's symbol.
Is this mental health advice?
No. It reads your trades and points at patterns. If trading stress feels serious, talk to someone you trust or a professional.
Which markets does DuoFX Trading Psychology work on?
Any symbol your broker offers. It watches every trade on the account (or only the symbols and magic numbers you choose), from one chart.
Where do I buy DuoFX tools?
Every DuoFX tool is sold on the official MQL5 Market. Checkout, licences and updates are handled there, and you can install straight from the Market tab inside MetaTrader.
Get DuoFX Trading Psychology today.
Secure checkout and free updates through the official MQL5 Market. More utilities for MT5 and MT4.