Free trading tools
Practical calculators for trading risk, futures, costs, and strategy review.
Use simple mathematical tools to explore risk-reward, position sizing, futures tick value and P&L, trading costs, profit factor, expectancy, and drawdown recovery. The calculators are educational and do not recommend trades.
Risk management calculator
Risk-Reward Ratio Calculator
Calculate the distance from entry to stop and target, then compare potential reward with defined price risk.
Position sizing calculator
Position Size Calculator
Estimate position quantity from account size, risk percentage, stop distance, and cash value per price unit.
Strategy metric calculator
Profit Factor Calculator
Calculate profit factor from total gross profit and total gross loss.
Strategy expectancy calculator
Trading Expectancy Calculator
Estimate average expectancy per trade from win rate, average winning trade, and average losing trade.
Futures contract calculator
Futures Tick Value Calculator
Calculate the cash value of one minimum futures price movement from contract multiplier, minimum tick, and contract quantity.
Futures P&L calculator
Futures P&L Calculator
Estimate futures profit or loss from a signed price move, cash value per point, and contract quantity.
Trading cost calculator
Trading Costs Calculator
Estimate how commissions and per-trade slippage change gross strategy P&L over a sample of round-trip trades.
Drawdown calculator
Drawdown Recovery Calculator
Calculate the percentage gain required to recover from a percentage drawdown.