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This one straight-forward tab handles all your currency pairs and multiple trades simultaneously. As you change from one currency to another, all your previously entered data is saved and reloaded when you come back to that currency.

Displays the chosen currency pair in either four or five digits, matching your broker's platform (two or three digits for JPY pairs).

Know the exact position size you should use to keep your maximum loss to a constant, regardless of how big your stop loss is or which currency pair you are trading. This is computed for each trade, based on your risk profile settings, the exact pip value of the currency pair you are trading, and the stop you have set. Knowing this in advance allows you to maximize your position size, without taking on more risk than you intend. It also allows you to accurately reduce your position size when a stop is larger than you ordinarily trade, and still be able to take the trade with safety.

Let The Calculator remember which side of bid and ask you need to be on. Depending on your trade direction, just enter the stop you actually see (such as a swing high or low, a moving average, previous support or resistance, etc.) and The Calculator will compute the value you should actually set for your stop. It will even tell you what that stop is going to look like, since half the time you may be exiting on the ask, which is not directly displayed on most charts.

Since The Calculator computes your stop loss for you, you can tell it how many pips beyond your visible technical stop area to use as a buffer, using the Stop Loss Pad settings.

Dial in your take profit goal with a handy drop down menu and see what that level will visually look like on the chart (it remembers bid and ask for you, and which side of the trade you are on).

The Clear All button quickly wipes the slate clean for your next trade - for that one currency pair only.

Click to watch the recorded webinar demonstrating the new features of Version TWO of the Calculator, now available.

I am now trading with better effect

"Thank you for the Calculator...it is a tremendous aid and your wisdom on risk has been a MAJOR help to me. Thank You ever so! In the last month, I had small wins that had I used adaptive sizing would have been 3 to 5 times larger. I had a couple of losing trades at 3.67% and several small losing trades that had I not closed them early would have gone to profit. I closed them early anticipating a greater loss. I also entered some trades early and they turned to losers, because I wanted to get as many pips as possible. Bottom line: had I used the Calculator with Adaptive Position Sizing, I would have stuck with my original trading plan, knowing I was making more profit per pip, and would not have worried about losers because they would have been only 2%. I am now trading with better effect and you may call me, Anti-Anticipating Adaptive dAvid" ~ David M