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RobotFX Online Trading Tools
Risk and Reward Forex Calculator
The risk and reward calculator will help you to calculate the position's best targets and their respective reward-to-risk ratios based on the Fibonacci retracements from the local peak and bottom. It's a powerful tool to determine the potential risks before entering any positions.
Fibonacci retracements (0.382 and 0.618) are calculated to form the entry, target and stop-loss levels. It's better to enter positions only if the current price (C) is close to 0.382 Fibonacci level.
Results
It's not recommended to enter a trade if your reward-to-risk ratio is less than 2.
** In a downtrend it is the Bottom, in an Uptrend it is the Peak.
*** The current price of the underlying instrument.
Position Size Calculator
The position size calculator is a functional Forex tool that allows you to calculate the size of a position in units and lots to manage risk accurately. It works with all major currency pairs and crosses. Configure the fields to match your setup, and then execute your calculation.
Calculating the exact amount you can risk is crucial for proper capital preservation and overall money management. Formulating position size targets in line with technical stop-loss thresholds helps protect your portfolio from systemic downside spikes.
Pip Value Calculator
The pip value calculator determines the value of a single pip in your local account currency based on the transaction size (units) and the real-time quote for your selected currency pair.
Pivot Points Calculator
Calculate primary pivot points and corresponding key support and resistance levels. This utility computes Floor, Woodie's, Camarilla, and DeMark's calculations simultaneously to provide optimal perspective on key target levels.
Results
| Level | Floor | Woodie's | Camarilla | DeMark's |
|---|---|---|---|---|
| 4th Resistance | ||||
| 3rd Resistance | ||||
| 2nd Resistance | ||||
| 1st Resistance | ||||
| Pivot Point | ||||
| 1st Support | ||||
| 2nd Support | ||||
| 3rd Support | ||||
| 4th Support |
Fibonacci Calculator
The Fibonacci calculator is a powerful tool designed to compute key retracement levels for both direct and reverse trends. Input your high and low trend price parameters to generate accurate structural support and resistance levels.
Multi Target Calculator
The multi target calculator helps analyze positions with staggered exit criteria. Define your entry levels alongside three distinct targets, and let the software compute your cumulative Return-to-Risk and overall Profit/Loss.