Stop-Loss / Take-Profit

Exact SL and TP prices from entry, pips and direction.

Calculator

The stop-loss and take-profit calculator turns distances in pips into exact order prices. Enter your entry price, choose buy or sell, and set how many pips away your stop and target should be. It returns the stop-loss price, the take-profit price and the risk-reward ratio, ready to type into your trading platform.

How to Use the Stop-Loss and Take-Profit Calculator

  1. Choose the Instrument and the Direction: Buy / Long or Sell / Short.
  2. Type the Entry price, or tap Live to use the live rate.
  3. Enter the Stop-loss (pips) and Take-profit (pips) distances.
  4. Press Calculate and copy the two prices into your order.

Stop-Loss and Take-Profit Formula

Buy: stop-loss = entry − SL pips × pip size, and take-profit = entry + TP pips × pip size

Sell: stop-loss = entry + SL pips × pip size, and take-profit = entry − TP pips × pip size

  • Entry is the price you open the trade at.
  • SL pips and TP pips are the distances you choose for the stop and the target.
  • Pip size is 0.0001 for most pairs, 0.01 for yen pairs and silver, 0.10 for gold and 1 for bitcoin.
  • Risk : reward = 1 : (TP pips ÷ SL pips).

Worked Example

You want to sell USD/JPY at 150.000 with a 40-pip stop and an 80-pip target. On yen pairs one pip is 0.01.

  • Stop-loss: 150.000 + 40 × 0.01 = 150.400
  • Take-profit: 150.000 − 80 × 0.01 = 149.200
  • Risk : reward: 80 ÷ 40 = 2, shown as 1 : 2.00

For a buy, the levels flip. With the default 30 and 60 pips on a EUR/USD buy at 1.10000, the stop sits at 1.10000 − 30 × 0.0001 = 1.09700 and the target at 1.10000 + 60 × 0.0001 = 1.10600.

Tips

Place your stop where the trade idea is wrong, such as beyond a recent swing high or low, rather than at a round number of pips. The Average True Range helps you judge whether a stop is wider than normal market noise. Sell trades close at the ask price, so when spreads widen, the stop on a sell can trigger before the bid price on your chart reaches it.

For more on placing orders, read our guides to stop-loss strategies, take-profit strategies and the ATR indicator. To size the trade so the stop risks a set share of your account, use the position size calculator.

FAQ

How many pips should my stop be?

It depends on volatility and market structure. Many traders place stops beyond a recent swing or at a multiple of the ATR, shown on the dashboard, rather than at a fixed distance. Then they size the trade so that distance risks only their chosen share of the account.

How do I set a stop-loss on a sell trade?

On a sell, the stop-loss goes above your entry and the take-profit below it. Choose Sell / Short and the calculator adds the stop distance to the entry and subtracts the target distance, so you only need to enter the pips.

How big is a pip on gold?

This calculator counts one pip on gold as 0.10, so a 30-pip stop sits 3.00 away from the entry. Some platforms count gold in points of 0.01, where the same stop would be 300 points. Silver uses 0.01 and bitcoin uses 1.

Does the calculator include the spread?

No. The levels are measured from the entry price you type. A buy closes at the bid and a sell closes at the ask, so on a sell trade many traders add the spread to the stop distance to avoid being closed out by a brief widening.

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