Comparison — 2026

SignalDeck vs Edgewonk

Edgewonk built its reputation on psychology journaling. SignalDeck was built to quantify your edge — with a real backtester, real-time analytics, and R-Multiple as the organizing principle of everything.

SignalDeck: Free (Beta) Edgewonk: ~$16.42/mo (billed $197/yr)

Choose SignalDeck if...

  • ✓ You trade on MT4/MT5 and want automatic import with real-time live balance sync
  • ✓ You trade on IBKR, cTrader, Robinhood, Schwab, Fidelity, E*TRADE, or Coinbase
  • ✓ You want a real rule-based backtester, not manual R-entry
  • ✓ You need Walk-Forward Analysis to detect strategy overfitting
  • ✓ You want real-time analytics in a modern web interface
  • ✓ You trade forex or crypto and need native pip/leverage support
  • ✓ You want SQN scoring and Kelly Criterion sizing built in

Choose Edgewonk if...

  • → Psychology journaling is your primary focus
  • → Psychology journaling depth (diary, mindset tracking, Edge Finder) is your primary focus over analytics
  • → You're already using their Edge Finder algorithm
  • → You need import from legacy or niche brokers beyond SignalDeck's coverage

The only trading journal with Walk-Forward Analysis, Monte Carlo, and grid-search optimization.

Feature Comparison

Feature SignalDeck Edgewonk
🤖 AI Assistant Connector (MCP) — New v1.0.114 · How it works →
Official MCP connector (Claude / ChatGPT) ✅ 54 tools · every plan ❌
Claude / ChatGPT can log, edit & close trades ✅ With your permission ❌
Built-in AI features ✅ AI Post Mortems · Weekly Review ⚠️ Edge Finder analysis
🔔 Alerts & Monitoring
Live alerts on open positions ✅ Price + break-even ❌
⚡ Strategy Backtester
Strategy Backtester ✅ Full Engine ⚠️ No rule-based backtester
Walk-Forward Analysis ✅ Overfit Detection ❌
Monte Carlo Simulation ✅ 1,000 paths ❌
Parameter Optimization ✅ Grid Search (500 combos) ❌
Backtest ↔ Journal Overlay ✅ Strategy Link ❌
Save Backtests (Notebooks) ✅ Save & Compare Runs ❌
R-Value Analytics
R-Value Native Framework ✅ Core Design ❌
SQN Score ✅ ❌
Kelly Criterion Sizing ✅ ❌
Structured Post Mortem ✅ 5-Step Protocol ❌
Execution Quality (MAE/MFE) ✅ ❌
Real-Time Analytics ✅ Live Polygon data ❌ No real-time data
Platform
Psychology / Behavioral Tags ✅ ✅ Diary + Mental Journal
MT4/MT5 Import + Live Balance Sync ✅ MT4/MT5 via MetaApi ❌
IBKR Import ✅ Flex Web Service ❌
cTrader · SnapTrade (Robinhood, Schwab, Fidelity, Coinbase) ✅ ❌
Legacy Broker Breadth (200+) ❌ ⚠️ CSV formats (no live sync)
CSV Import/Export ✅ ✅
Native Forex Support ✅ ✅
Native Crypto Support ✅ ❌
⚡ Futures Trading (ES/NQ/CL/GC) — Futures plan (invite-only)
Native Futures (ES/NQ/CL/GC) ✅ Futures plan (invite-only) ❌ No futures support
Tick-Aligned P&L Math ✅ Contracts × Ticks ❌
Monthly Price Free (Beta) ~$16.42/mo ($197/yr)

→ View full comparison with all 6 competitors

The "Backtester" Problem

Edgewonk's backtester asks you to manually input R-multiples for each historical trade. That is not backtesting — it is retrospective journaling. A real backtester executes strategy rules against historical price data without human input. SignalDeck does the latter.

Edgewonk "Backtester"

  • • You manually enter each trade's R-multiple
  • • No price data, no rules, no automation
  • • Can't tell you if your parameters are overfitted
  • • No Walk-Forward Analysis, no Monte Carlo

SignalDeck Backtester

  • ✓ Executes strategy rules against historical OHLCV data
  • ✓ Walk-Forward Analysis detects overfitting automatically
  • ✓ 1,000-path Monte Carlo for worst-case drawdown
  • ✓ Grid-search finds optimal parameters across 500 combos
Futures Trading — Futures plan · Invite only

SignalDeck vs Edgewonk: Futures Support

Edgewonk has no futures support. The platform was built for equities and forex and treats every trade as a share or lot position. There is no concept of contract size, tick value, or CME Globex session windows. A manually-entered ES trade in Edgewonk would calculate P&L as shares × price delta — wrong by a factor of 50x contract size. SignalDeck knows that ES is 50 × $0.25/tick = $12.50/tick and computes P&L as contracts × ticks × tick value. For futures traders, this isn't a minor difference in polish — it's the difference between correct and incorrect P&L on every trade. Futures journaling is on SignalDeck's invite-only Futures plan, which includes everything in Elite — request access on Discord.

ES · $12.50/tick NQ · $5.00/tick Tradovate Connection NinjaTrader CSV Futures plan
Full Futures page → · Request access on Discord →
SignalDeck · ESU6 long
Tick move 58 ticks
× $12.50 × 2 contracts +$1,450
R-Multiple +2.9R
Price

Edgewonk is $197/year billed annually (~$16.42/month) with no monthly option and no free tier. Edgewonk offers a 14-day money-back guarantee, but no free tier to try it long-term. SignalDeck is free during the entire beta period with every feature except futures unlocked, and paid plans launch at Pro $30/mo and Elite $50/mo — with grandfathering for existing beta users.

Note

Edgewonk is a desktop application with a spreadsheet-inspired interface. It does not have real-time analytics or live price data. If you want analytics that update as markets move, SignalDeck's Polygon.io integration provides live price polling and automatic P&L updates. Edgewonk also does not offer live or chat-based support — questions go to email with no stated response SLA.

→ Compare support quality across all 6 trading journals

Frequently Asked Questions

Does Edgewonk have a strategy backtester?

Edgewonk has a feature called a backtester that requires you to manually enter R-multiples for historical trades — it does not execute rules against historical price data. SignalDeck has a true rule-based backtester with Walk-Forward Analysis, 1,000-path Monte Carlo simulation, and grid-search parameter optimization.

How does SignalDeck compare to Edgewonk for R-Multiple tracking?

Edgewonk lets you manually enter R-multiples in a spreadsheet-style interface. SignalDeck calculates R-multiples automatically from entry, stop, and exit prices and uses R as the core organizing principle — every metric flows from risk-normalized R-value, including SQN, Kelly Criterion, equity curves, and Post Mortems.

Is SignalDeck or Edgewonk better for psychology tracking?

Edgewonk has a strong psychology focus with Diary and mental state tracking. SignalDeck adds a structured 5-step Post Mortem protocol that goes beyond free-text psychology notes into a systematic review process (Setup Diagnosis → Management Diagnosis → Verdict → Training Gap → Mentor Feedback).

Does Edgewonk support futures trading?

No. Edgewonk does not support futures instruments. The platform treats all trades as equity or forex positions — there is no contract-spec engine, no tick-aligned P&L calculation, and no CME Globex session awareness. A futures trader logging ES or NQ trades in Edgewonk would get incorrect P&L unless they manually pre-convert everything. SignalDeck natively supports ES, NQ, CL, and GC with tick-aligned P&L math on its invite-only Futures plan. See the SignalDeck Futures page for full details.

Does Edgewonk support crypto?

Edgewonk does not natively support crypto. SignalDeck supports crypto natively with 24/7 market logging, multi-exchange tagging (Binance, Coinbase, Kraken, Bybit), spot and leverage journaling, and the full R-value analytics framework.

How much does Edgewonk cost?

Edgewonk is $197/year billed annually — approximately $16.42/month. There is no monthly billing option and no free tier. SignalDeck is free during beta with every feature except futures unlocked. Paid plans launch when it ends at Pro $30/mo, Elite $50/mo — existing beta users are grandfathered.

Does Edgewonk have live or chat support?

Edgewonk does not offer live chat or direct-access support — queries go to email with no stated turnaround SLA. SignalDeck provides direct Discord access to the founder. Setup questions, feature requests, and bug reports are handled in the same Discord channel where development happens.

Further Reading

Other comparisons

More Questions

Which is cheaper, SignalDeck or Edgewonk?

SignalDeck is free during beta with every feature except futures unlocked including the strategy backtester. Edgewonk is approximately $16.42/month (billed $197/yr). SignalDeck's paid plans launch after beta at Pro $30/mo — existing beta testers were grandfathered.

Does Edgewonk have real-time analytics?

Edgewonk is a desktop application with a spreadsheet-inspired interface. It does not offer real-time market data integration or live price tracking. SignalDeck is a web-based platform with real-time Polygon.io data integration, live price polling, and automatic P&L updates.

Does Edgewonk have live support?

Edgewonk does not offer live chat or direct-access support. Support is handled via email and documentation. SignalDeck provides direct Discord access to the founder — questions are answered in the same channel where features are shipped, and setup help is available from day one.