Plan position size, take profits and stop loss based on your preferred risk-reward ratio.
Formula: Total Capital ÷ Share Price
Used for: Calculates the share quantity, displayed rounded to a whole share.
Formula: Share Price − Risk per Share
Used for: Calculates the stop-loss price from the entered share price and risk per share.
Formula: Reward Multiple = Reward Ratio ÷ Risk Ratio; Total Reward = Risk per Share × Reward Multiple; Reward per TP = Total Reward ÷ Number of TPs; TP Price(n) = Share Price + (Reward per TP × n); TP Profit(n) = (Reward per TP × n) × (Shares ÷ Number of TPs)
Used for: Calculates the take-profit levels and profit allocated to each level.