Free tools

Profit and loss calculator

One entry, one exit, one size: the result in account currency, in pips, as a percentage of exposure and in multiples of risk.

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The trade

lots
Fill it in to get the result in R multiples.

How the number is obtained

The gross result is (exit price − entry price) × units, in the quote currency, with the sign flipped on a sell. It is then converted into the account currency.

The R multiple relates the result to the stop distance. It is the only measure that lets you compare trades of different sizes: +2 R means the same thing on a micro lot and on ten lots.

The sensitivity table shows the result at other exits. The slope is constant: that is what separates a linear instrument from an option, whose profile curves instead.

What this ignores

The cost of getting in and out. You buy at the ask and sell at the bid: that gap is subtracted from the result in the very first second.

Financing on positions held for several days, whose sign depends on the interest differential between the two currencies — sometimes in your favour, often against you.

Successive conversions. A euro account holding a yen position goes through two rates, and the one used here is the current rate, not the one on the closing day.

The same maths lives inside the terminal

Sizing, stop distance and targets are recomputed on every signal, live, next to the chart.

These tools perform arithmetic on market prices. They are not investment advice, not a recommendation and not a promise of any result. Figures ignore spread, commission and financing costs unless stated otherwise.