Forex Calculators 3.1.8

Essential Calculators for Forex Traders

• Position Size Calculator
• Stop Loss & Take Profit Calculator
• Risk Reward Calculator
• Margin Calculator
• Pip Value Calculator
• Fibonacci Calculator
• Pivot Points Calculator
• Profit/Loss Calculator
• Compound Profit Calculator

Risk management is considered one of the most important skills in Forex trading. Forex Calculators provide the necessary tools to develop risk management skills for Forex traders.

Proper position sizing is key to managing risk in Forex trading. The Position Size Calculator helps calculate the amount of units/lots to be traded based on risk percentage/amount and stop loss pips/price.

The Stop Loss & Take Profit Calculator assists in calculating appropriate stop loss and take profit prices based on position size, risk amount/pips, and risk reward ratio.

The Pip Value Calculator helps calculate the value of a single pip in the account currency based on position size and pip amount.

The Margin Calculator helps calculate margin requirements for a trade position based on position size and account leverage.

The Fibonacci Calculator aids in calculating key levels of Fibonacci retracement and Fibonacci extensions using high and low price inputs.

The Pivot Point Calculator helps calculate support and resistance levels based on various Pivot Point calculation methods.

The Compound Profit Calculator calculates potential returns on profitable trades over a set period of time.

All Forex calculations are based on near real-time market prices. There is also a custom price option available if you prefer to use your own price for calculations.

The Forex Calculators include most commonly traded Currency Pairs, as well as Indices, Commodities, and Cryptocurrencies.

Use these tools to plan your trades and always trade with a plan. This will greatly benefit you as a Forex trader.

If you have any questions or feedback, please feel free to leave a comment or contact me via email.