Replay tool comparison
A standalone Soft4FX alternative without the MetaTrader dependency
Soft4FX turns MetaTrader into a manual backtesting simulator. Candlune is a standalone, browser-based replay tool with built-in journaling, focused on XAUUSD.
Quick takeaways
What this page covers
- 01Soft4FX adds manual replay inside MetaTrader 4.
- 02Candlune is a standalone, browser-based replay tool with no MT4 dependency.
- 03Candlune's strength is the closed loop from replay to journal to review.
- 04Soft4FX is still a fit if your day-to-day already lives in MetaTrader.
What Soft4FX actually is
Soft4FX is a plugin that sits inside MetaTrader 4 and turns it into a manual simulator. You get MT4's charting, MT4's indicators, and MT4's order entry, but driven by historical data instead of a live feed. For traders who already live inside MT4, that is a real advantage.
It is designed for manual practice rather than automated strategy testing, and it pairs well with traders who want to keep using the same charts and tools they trade with.
Where Candlune diverges
Candlune is not a plugin. It runs in the browser and does not require MetaTrader, a broker terminal, or any local installation. You open the site, sign in, and replay candles on a chart that lives in the same place as your journal and dashboard.
It is also narrower than Soft4FX. There is no multi-broker support, no tick-data management, and no large indicator catalogue. Today, Candlune covers XAUUSD only and keeps the indicator set to essentials. That is deliberate; the goal is one tight practice loop, not a clone of a trading terminal.
- No MetaTrader install, no plugin licensing, no local data files.
- Replay, simulated trades, and journal entries in one session.
- XAUUSD-only with an essentials-only indicator set.
- Built-in dashboard that aggregates repeated practice sessions.
Journaling that does not require a separate tool
A common pattern with Soft4FX is to run sessions inside MT4 and then log the results in a spreadsheet or a separate journaling app. That works, but it splits the practice from the review.
In Candlune, the journal entry is produced by the simulated trade itself. Entry, exit, side, and outcome populate automatically, and you add the notes that matter. Over time, the dashboard shows what your practice actually looks like rather than what you remember it looking like.
When Soft4FX may still suit you better
If you already use MT4 every day, want to backtest pairs across forex and CFDs, or prefer to manage your own tick data, Soft4FX is built around that. If you rely on MT4-specific indicators or workflows, replicating them outside of MetaTrader is more friction than it is worth.
Candlune does not try to be a MetaTrader replacement. It is for traders who want a clean, browser-based replay environment for XAUUSD and want the journal and the analytics to come along with it.
Trial and access
Starter and Pro include a three-day trial after Stripe payment setup, then renew monthly unless canceled. Ultimate does not include a trial, and Candlune does not offer a permanent free tier. The no-signup demo is there so you can inspect the workflow before choosing a plan.
If you are deciding between the two, the practical question is whether you want practice that lives inside MetaTrader or practice that lives next to your journal.
Try a browser-based replay workflow
Run a few XAUUSD replay sessions in Candlune and see whether keeping replay, journal, and review in one place changes how you practice.
Start trial after Stripe setupPaper trading only. No deposits, live orders, or financial advice.