This tool calculates position (trade) size, pip value and risk:reward ratio for any Forex trade
FOREX Trading Risk Manager
What is it about?
This tool calculates position (trade) size, pip value and risk:reward ratio for any Forex trade.
App Store Description
This tool calculates position (trade) size, pip value and risk:reward ratio for any Forex trade.
Position sizing is an effective risk management method. This tool uses risk percentage and stop loss for calculating position size.
Key element of money management, which is the most challenging part in forex trading, is to determine lot size for a given risk percentage and pip loss. This tool helps you accomplish that with an easy to use interface.
Lot size calculated includes standard, mini, micro and nano lots. Use this tool to increase your chance of becoming a successful forex trader.
All of the widely traded currency pairs included with this app.
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