The5ers MT5 trading journal: automatic, saved on your PC
Trade with The5ers on MetaTrader 5? Here is how to journal every trade automatically without giving anyone your firm login.
The5ers’s logo is shown only to identify the broker. We are not affiliated with The5ers.
Journal your The5ers MT5 trades automatically
If your The5ers account runs on MetaTrader 5 for Windows, AI Trading Journal can save every closed trade in your own journal on your PC (with an optional copy in your own Notion workspace) about every 5 minutes. It reads the MT5 terminal on your PC and does not connect to The5ers, so you never give anyone your The5ers login.
What The5ers says about MT5
Facts below are from The5ers's own pages (https://the5ers.com/high-stakes/), checked on 8 October 2026. Offers change, so check the firm's site for the latest. We are not affiliated with The5ers, and nothing here is a recommendation of it.
- Its High Stakes page lists the platform as MT5 Hedge.
- Its pages name several programs, including Bootcamp, High Stakes and Hyper Growth, each with its own rules.
- Its help centre has an article titled "What is drawdown and how is it calculated?", which it is worth reading for your own program.
What that means for your journal
A hedging MT5 account can hold separate positions on one symbol, and each position becomes its own row in your journal. With several programs on offer, the program name is the most important label on each account.
Journaling tips for The5ers accounts
- Label each account with its program name and copy the limits from your dashboard.
- Review each hedged position on its own; the app records one row per closed position.
- Check the definition of drawdown for your program in the firm's help centre, and write it in Notes.
What one row means on a hedging account
The5ers lists the platform for its High Stakes program as MT5 Hedge. On a hedging account you can hold a buy and a sell on the same symbol at the same time, and each one is its own position with its own ticket. AI Trading Journal records one row per closed position, so two opposite trades on one symbol become two rows.
Example, with invented numbers: you buy 0.50 lots of EURUSD, then sell 0.30 lots as a partial hedge. You close the sell for +$12 and the buy later for +$41. The journal shows two rows, +$12 and +$41, each with its own time, price and notes. Review them one at a time: the hedge may have been a good idea even though it earned less than the main trade. Hedging versus netting and deal, order and position IDs explain the difference.
Three programs, three review rhythms
The5ers names several programs, including Bootcamp, High Stakes and Hyper Growth, each with its own rules. Without quoting any of those rules, the journal can still fit the shape of the program you are in:
- A program with stages: the end of each stage is a natural time for a full review, before the next stage starts.
- A program without clear stages: pick a calendar rhythm, for example every Friday, and keep to it.
- Any program: write the program name on the first line of the account's Notes, so a result is never read against the wrong rules.
Check the help centre's drawdown definition against your own history
The5ers has a help-centre article titled "What is drawdown and how is it calculated?". Read the version for your program, then test it on your own numbers: open the Excel report's Daily sheet, take the balance and the day's result, and work out where the floor would have been on your worst day. If your result and the firm's dashboard disagree, find out why before it matters. The drawdown calculator takes the firm's own figures and does the arithmetic.
A quick trust check (8 October 2026)
When we looked, Trustpilot showed The5ers with a TrustScore of 4.7 from 39,419 reviews. Trustpilot does not fact-check reviews, reviews are self-selected, and the firm has a paid Trustpilot business subscription, so treat the score as one signal only. In our searches we did not find a warning naming The5ers on the regulators' public lists we searched. Prop firms are not regulated like brokers in most countries, so a missing warning is not proof of safety.
Some countries publish their own warning lists (for example, India's RBI alert list for forex). Check yours, read the firm's terms and the legal entity you would contract with, and never pay more in fees than you can afford to lose. We do not recommend any firm.
Record The5ers's rules in its own words, with the date
Prop firms define their limits in different ways: whether the daily loss is measured from the start-of-day balance or equity, whether the maximum loss is static or trails your profit, and when each resets. Even one firm's pages can describe its models differently, and firms change their rules. So copy the exact limits and definitions for your account from your own dashboard into the Notes for that account, with the date. We do not state any firm's numbers here, because they change and sometimes conflict.
Use the prop firm drawdown calculator and the prop firm risk calculator with your firm's own figures, and read prop firm drawdown rules explained. For logging in, see the prop firm MT5 login guide.
How to set it up
- Install the MT5 terminal on your Windows PC and log in to your The5ers account.
- Install AI Trading Journal, click Add Account and pick your logged-in account. It finds your terminal and account.
- Click Create my journal. The app imports your whole history and keeps it up to date about every 5 minutes.
- Optional: click Connect Notion to keep a copy of the journal in your own Notion workspace.
What each journal entry contains
For every closed position: symbol, direction, volume, open and close time, entry and exit price, stop loss, take profit and profit or loss, plus your own setup, emotion, rating, tags, notes and screenshots, which a sync never overwrites. A daily row shows the day's result, win rate and drawdown.
A weekly review for your The5ers trades
- Which positions were hedges, and did each one do its job?
- Did I review at the end of the stage, or only when something went wrong?
- Does my own drawdown figure match the dashboard's?
- Is the program name on this account's first note?
The weekly trading review checklist turns these into a 20-minute routine, and win rate, profit factor and expectancy explained shows how to read the numbers.
Privacy and cost compared with a cloud journal
| Question | Cloud journal | AI Trading Journal |
|---|---|---|
| Where do your trades live? | On the vendor's servers | On your own PC; they do not pass through our servers |
| Does it need your broker login? | Many connect with account login and investor password, or an Expert Advisor that sends data out | No. It reads your own logged-in MT5 terminal on your PC |
| What if you stop paying? | Access and history can end with the subscription | Your Notion journal stays yours |
| Can it place trades? | Read-only access is typical, but you are trusting the vendor | It is read-only by design; it never places, changes or closes a trade |
An honest note on privacy. Notion is itself a cloud service, so your trades do sit on Notion's servers, in your own workspace, under your own account and token. What AI Trading Journal removes is the extra middleman: there is no separate journal vendor holding your trades and no broker login sent to a website. No tool is risk-free, so protect your accounts, including Notion if you connect it, with a strong password and two-step verification.
Limits to know
- Windows and MetaTrader 5 desktop only.
- Trades sync every 5 minutes, not instantly.
- One computer at a time per license.
- No trade replay, backtesting or AI coach.
More: all MT5 broker notes, how it compares with TradeZella, the multi-account journal guide and the forex trading journal guide.
This page is general information, not trading or investment advice, and is not endorsed by The5ers.
Frequently asked questions
Does AI Trading Journal work with The5ers?
Do I need to give my The5ers password to the app?
Can I journal a demo and a real The5ers account?
What does a hedging account do to my journal?
Which of The5ers' programs does the journal support?
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