About FOREX TRADING PIP CALCULATOR
Are you a trader?
Do you use METATRADER?
Are you looking for an app that helps you put some turbo in your calculations to have a clean Money Management?
Are you tired of making calculation to find the exact number of lots you want to trade?
Finally you’ve found the right app: This is an app you can’t miss if you work with FOREX TRADING.
Do you want to know right know which is the exchange value of the currency you are trading?
Thanks to this app, you will be able to calculate, just in a few seconds, the number of lots that you need to open your trading operation with, based on the maximum economic risk that you are able to accept.
To do this, you simply need to insert this data:
- ACCOUNT CURRENCY (the currency of your trading account: EUR, USD, GBP, ecc...)
- SYMBOL (The Forex Market in which you want to open your operation: EURUSD, USDJPY, AUDNZD, ecc...)
- OPEN PRICE VALUE (the market level at which you set the OPEN PRICE of the operation)
- STOP LOSS VALUE (the market level at which you set the STOP LOSS of the operation)
- MAX RISK in Account Currency for STOP LOSS (the economical value that you are able to risk for your trading operation)
- RISK/RATIO VALUE (the relationship between the Risk you are able to assume and the Take Profit you want to realize)
Once you give this information to the app, just push the bottom <> and this app will show you:
- The number of Lots you should use;
- The market level you have to set up as TAKE PROFIT, in order to realize a profit which is exactly equal to the economical risk (MAX RISK), multiplied for the RISK/RATIO value.
Let see some example by following the images:
ACCOUNT CURRENCY = EUR
SYMBOL = EURUSD
OPEN PRICE value = 1,05015
STOP LOSS value = 1,06025
MAX RISK = 30
RISK/RATIO VALUE = 2
After pushing the botton POSITIONING SIZIING, the finally results will be:
Set LOTS number at 0.03
Set TAKE PROFIT at 1,02995
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Are you using a METATRADER 4 platform?
Ok, If you are using METATRADER 4 platform, you have to write the values in this boxes:
Volume, STOP LOSS, TAKE PROFIT e PREZZO, as in the example below.
Are you a trader? Are you tired of calculating all by yourself:
- The number of Lots you should use,
- The market level you have to set up as TAKE PROFIT,
You have find the definive app you were looking for!
Ehi, don’t forget that, if you use this application and you find something we can improve, please fell free to write us. We will be very please to read you and improve us!
Thank you, we can just wish you to have a good trading with the Forex!
Thanks
Rafab1975
by C####:
Doesnt calculate.