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Tools

Position Sizer

Calculate risk-based position size directly in your MetaTrader platform and execute a trade in one click or a press of a button.

/metatrader-expert-advisors/Position-Sizer/

Education

What Is Forex

Learn what Forex is and how it works from this simple explanation.

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Indicators

Supertrend

Download the Supertrend indicator for MT4 and MT5 to detect trend changes based on the price action.

/metatrader-indicators/supertrend/

Tools

Position Size Calculator

Calculate your position size based on risk, stop-loss, account size, and the currencies involved. A simple online calculator for quick results.

/position-size-calculator/

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EarnForex
Forex Tools
Risk & Reward Calculator

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

0.382 retracement

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0.618 retracement

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1st target

2nd target

3rd target

Bullish or Bearish?

The price needs to be inside the wave for you to use this calculator properly. Here are the two variants of the wave you can work with — bullish and bearish

The current price is C; A is the beginning of the wave (bottom for bullish and peak for bearish); B is the local maximum (for bullish wave) or minimum (for bearish wave)

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.

bullish

Bearish

Attention! It's not recommended to enter a trade if your reward-to-risk ratio is less than 2

You might also be interested in our position size calculator

It can help you to calculate the optimal size of the position depending on your stop-loss in pips, risk tolerance and account size

position size calculator

You might also be interested in our other calculator

Position Size Calculator image

Position Size Calculator

This position size calculator is a free Forex tool that lets you calculate the size of the...

Pip Value Calculator image

Pip Value Calculator

Use this pip value calculator if you want to know a price of a single pip for any Forex tr...

Gain and Loss Percentage Calculator image

Gain and Loss Percentage Calculator

This online gain and loss percentage calculator quickly tells you what percentage of the a...

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— Trade smarter: TradingView, MT4, MT5.

Forex — the foreign exchange market (also known as FOREX or FX) is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $7.5 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.