Free Trading Calculators
Fourteen free tools to plan a trade from start to finish: project Elliott Wave targets, find Fibonacci levels, size your position, check risk and reward, and convert currencies. Every tool runs in your browser and nothing you type is stored.
Elliott Wave Target Calculator
Enter the start and end of wave 1 and the end of wave 2, and this calculator projects common Fibonacci targets for waves 3, 4 and 5.
Fibonacci Retracement and Extension Calculator
Enter a swing high and swing low to get the main Fibonacci retracement levels (23.6 to 78.6 percent) and extension levels (127.2 to 261.8 percent) for an uptrend or downtrend..
Position Size Calculator
Enter your account balance, the percentage you are willing to risk, your entry and your stop.
Risk Reward Calculator
Enter your entry, stop loss and take profit to see the risk to reward ratio and the win rate you need to break even..
Pip Value Calculator
Find the US dollar value of one pip for any forex position size.
Lot Size Calculator
Work out how many forex lots to trade based on your account balance, risk percent, stop distance in pips and pip value..
Profit and Loss Calculator
Calculate the profit or loss on a long or short trade in any market, including fees and the percentage return..
Margin Calculator
Find the margin required to open a leveraged position.
Pivot Point Calculator
Calculate classic floor trader pivot points, with three support and three resistance levels, from the previous period's high, low and close..
Compounding Calculator
See how a balance could grow with a steady monthly return and optional monthly deposits.
Drawdown Recovery Calculator
Enter a percentage loss to see the gain needed to get back to break-even.
Currency Converter
Convert between 25 world currencies using daily reference rates published by the European Central Bank..
Crypto Converter
Convert popular cryptocurrencies such as Bitcoin, Ethereum and Solana into US dollars, euros, pounds, rupees and other currencies at current market prices..
Forex Market Hours
See which forex trading sessions are open right now, shown in your local time.
How to plan a trade with these tools
- Find the setup. Use the Elliott Wave calculator or Fibonacci calculator to find your entry zone and targets.
- Set the stop. Place it beyond your count’s invalidation level.
- Size the trade. Use the position size or lot size calculator so a loss costs only the amount you planned.
- Check the payoff. Use the risk reward calculator. Many traders look for at least 2 to 1.
- Check the calendar. See the economic calendar and market hours before you enter.
Frequently asked questions
Are these calculators free?
Yes. All 14 tools are free and run in your browser.
Do you store what I enter?
No. Calculations happen on your device and are not sent to our server. The currency and crypto converters fetch public exchange rates.
Which calculator should beginners start with?
The position size calculator. Sizing trades correctly matters more than any single entry.
