TradersEurope

Setup guide

From zero to live challenge tracking in about 10 minutes. Two ways to get your trades in: the MT4/MT5 EA (automatic, recommended) or a history file exported from your platform.

1. Create your account

  1. 1

    Sign up

    Sign up with your email — magic link or password, your choice.

  2. 2

    Add your account

    Click Add account, name it (e.g. “FTMO 100K attempt 2”), and pick what you're tracking — FTMO, The5ers and FundedNext presets are included. Not on a prop challenge? Pick My own targets and enter your own account size, profit goal, max drawdown and daily loss limit. Then set the currency (USD, JPY or EUR).

    Every rule is editable later under Rules and targets: profit target, daily drawdown, max drawdown. Presets are a starting point — if you are on a challenge, always verify against your firm's current rules.

    Add account dialog with FTMO preset

2. Connect MT4/MT5 (auto-sync)

A tiny Expert Advisor pushes your closed trades to your dashboard every 10 seconds. Its full source code is public, so you can verify every line: it only reads trade history — it has no trading functions, cannot place or modify orders, and never asks for your investor password.

  1. 1

    Download the EA

    Ready to use — no compiling needed: EA for MetaTrader 5 or EA for MetaTrader 4.

    Want to audit it, or build it yourself? The full source is public too: .mq5 / .mq4 — drop it in the same folder and compile with F7 in MetaEditor.

  2. 2

    Copy it into your terminal

    In MT4/MT5: File → Open Data Folder, then put the file in MQL5\Experts\ (MT5) or MQL4\Experts\ (MT4). Restart the terminal — the EA appears in the Navigator under Expert Advisors.

    MT5 Navigator showing the TradersEurope EA
  3. 3

    Allow WebRequest

    In the terminal: Tools → Options → Expert Advisors → tick “Allow WebRequest for listed URL” and add:

    https://traderseurope.com

    Without this the EA cannot send anything (error 4014).

    MT5 options: allow WebRequest for traderseurope.com
  4. 4

    Generate your API key

    In your dashboard, open the account you created → EA connectionGenerate key → copy it. The key identifies this one account; you can revoke and re-issue it any time.

    EA connection dialog with key generation and downloads
  5. 5

    Attach to any chart

    Drag the EA onto any chart — the symbol doesn't matter. In the inputs, paste your key into ApiKey (ServerUrl already points to traderseurope.com). Make sure Algo Trading (MT4: AutoTrading) is enabled in the toolbar.

    MT4 only: in the Account History tab, right-click → All History — the EA can only send what the tab shows.

    EA inputs: endpoint already set, paste your API key
  6. 6

    Verify

    Within seconds the EA backfills your whole closed-trade history. The Experts tab logs TradersEurope: pushed N trades. HTTP 200 and the account badge in your dashboard turns green (“Receiving”).

3. Or import your history file

Trading somewhere else, or just want a one-off look? Neither MT4 nor MT5 has a "save as CSV" button, so we read the files they actually give you — the saved report — as well as any CSV.

  1. 1

    Save the report from your terminal

    MT5: Toolbox → History tab → right-click → Report, and save it. Whether your build offers XLSX or HTML doesn't matter — both work, and so does either the Positions or the Deals view.

    MT4: Terminal → Account History tab → right-click → Save as Detailed Report (an .htm file).

    In a hurry? Select the rows in the History tab, press Ctrl+C, paste into a spreadsheet and save it — that works too.

  2. 2

    Drop it in

    Pick the account, hit CSV in the top bar and choose the file (.htm, .html, .xlsx, .csv, .tsv or .txt). We work out the columns, the decimal separator and the date order from the file itself, so a comma-decimal European export lands the same as a US one.

    Commission, swap and taxes are folded into each trade's profit, so the totals match your account balance rather than the gross figure. After the import we show what was read — the trade count, the date range and the net P&L. Compare that with your platform's own total before you trust the dashboard.

Re-importing overlapping periods is safe — duplicates are detected by ticket (or content) and skipped, never double-counted. Positions that are still open are left out until you close them, because there is no result to measure yet.

4. Reading your dashboard

Overview

Equity curve, net P&L, win rate and key stats for the selected account. With several accounts, All accounts combines P&L — while compliance always stays per account, because that's how your firm judges you.

Overview: equity curve and key stats

Calendar

A month at a glance: daily P&L, trade counts and weekly totals — the same view most prop dashboards give your reviewer.

Performance calendar with daily P&L

Compliance

Your firm's rules, measured live: how many dollars of daily-loss room you have left today, distance to the max drawdown and the profit target, and minimum trading days. The Pass probability panel runs a Monte Carlo simulation on your own history — 3,000 resampled challenge runs — and shows how often an account that trades like yours passes, and what usually ends the runs that fail. A simulation of your past, not a prediction.

Compliance: drawdown gauges and pass probability

Analytics

Your results broken down by weekday, hour, session (Tokyo / London / New York) and symbol. Click any row to drill down: a daily P&L chart and the exact trades behind the number. That's how “I lose on Fridays” stops being a feeling and becomes a count.

Analytics: weekday, session and symbol breakdowns with drilldown

Rating your trades (✓/✗)

In the Trades table, mark each trade ✓ good or ✗ bad by your own rules — did you follow your plan, regardless of outcome? The Rating tab in Analytics then shows the stats for your ✓ trades alone. Comparing “all trades” vs “trades where I followed my plan” is the fastest honest answer to whether your plan works.

Rating stats: good trades vs all trades

Loss alerts

Set a daily-loss line below your firm's limit and allow browser notifications — you get pinged while there is still room to stop, not after the breach.

Troubleshooting

SymptomFix
Error 4014 / “WebRequest not allowed”Add https://traderseurope.com to the WebRequest URL list (step 2-3), then remove and re-attach the EA.
HTTP 401 in the Experts logThe API key is wrong or was revoked. Generate a new key and paste it into the EA's ApiKey input.
Trades appear in a different account than expectedThe EA inputs still hold an older account's key — MT4/MT5 remembers inputs. Paste the key of the account you want.
Nothing arrives, no errors eitherCheck that Algo Trading is ON, that you are not in the Strategy Tester (WebRequest doesn't work there), and on MT4 that Account History shows All History.
Badge shows “Offline”The badge turns green while pushes keep arriving (the EA sends every 10 s) and goes back to Offline a couple of minutes after the terminal closes. Start MT4/MT5 and it recovers by itself.

Stuck? Email support@traderseurope.com — include the Experts-tab log line if it's about the EA. Or ask in our Discord — usually faster.