Essential Calculators for Forex Traders
Forex Calculators includes:
+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
+Drawdown Calculator
+Risk of Ruin Calculator
In the dynamic world of Forex trading, effective risk management is paramount. Our Forex Calculators app is designed to equip traders with the essential tools needed to develop and refine their risk management strategy, making trading decisions both smart and secure.
Proper position sizing is the key to managing risk in trading Forex. Position Size Calculator help you calculate the amount of units/lots to put on a single trade based on the risk amount and stop loss pips.
Stop Loss & Take Profit Calculator help you calculate the appropriate stop loss price and take profit price according your position size, risk amount/pips, and risk reward ratio.
Pip Value Calculator help you calculate the single pip value in your account currency based on position size and pip amount.
Margin Calculator help you calculate margin requirements of a trade position based on the position size and the account leverage.
Fibonacci Calculator help you identify the key areas of support and resistance on a price chart, these levels are based on the Fibonacci sequence.
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