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Profit Calculator for Better Money Management

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This calculator serves as a tool to calculate the profit/loss based on the price levels, lot size, currency pairs, and trading positions that you have opened.



The most important thing about profit is to maintain them consistently. There's no use in gaining a big profit if you can't follow it up with continuous success.

Additional FAQ

Taking profit orders can help you lock in your profits when the market moves in your favor. A take-profit order automatically closes your position at a specified price level, ensuring you do not miss out on potential profits. Set your take profit level based on your trading strategy and risk tolerance.

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  • The stop loss should be placed below the lowest traded price in the wedge or even below the wedge itself.
  • The take profit could be either the previous levels of support that are likely to become new resistance or the previous channel's range that can be an indication of the size of an ensuing move. This is determined by the gap between the high and low of the wedge from the start.

Continue Reading at How to Build a Strategy with Falling Wedge Pattern

Use the ATR (Average True Range) indicator to measure how far the price will move. For example, if an asset has an ATR of $10 and has reached $2 at the opening, there is a potential profit of $8 for the day.

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In the weekly time frame, EUR/USD is rising in a strong uptrend. You plan to buy at 1.10190 and put the first TP at 1.1350, while the second one is at 1.1621.

Entry Position

If the price rises according to your estimation, the profits' calculation will be:

1.1350 - 1.1019 = 331 pips

1.16210 - 1.10190 = 602 pips

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