Useful information about the moneyland.ch stop-loss and take-profit forex trading calculator:
- The stop-loss and take-profit forex calculator from moneyland.ch helps you quickly and easily find the stop-loss or take-profit rates for forex based on the maximum amount of money you are willing to lose and the minimum amount which you hope to gain.
- More forex calculators: Forex position size calculator, forex profit and loss calculator, pip calculator.
- You can find more trading calculators here. All moneyland.ch financial calculators are listed here.
- Find the unbiased Swiss forex broker comparison here.
- The first currency listed in a currency pair is the base currency. The second is the quote currency. Example: In the EURUSD currency pair, the euro is the base currency and the U.S. dollar is the quote currency.
- Calculations are based on the assumption that the brokerage account is denominated by the quote currency (the second currency in the currency pair). In the case of the EURUSD currency pair, the calculator assumes that the brokerage account is denominated by the U.S. dollar. The profit and loss, the trading fees and leverage financing costs are calculated in this currency.
- Profits, losses, trading costs and interest charges may be applied in different currencies and at varying rates, depending on the broker used and the currency pair in question.
- The way in which interest rates on leverage financing are calculated varies between brokers. The calculator applies interest at a constant interest rate in relation to the invested amount using a linear model. Interest calculations are made using the base currency (the first currency in a currency pair). Results are simultaneously converted into the quote currency at the final exchange rate. Interest charges do not apply when forex trading positions are opened and closed within the same trading day.
- If interest on financing applies, the stop-loss and take-profit rates shown are only correct if the position remains open for the anticipated financing term.
- The term pip denotes a unit of measurement used to indicate changes in exchange rates. With most currency pairs, a pip is equal to 0.0001 of a currency unit. You can find more information about pips here.
- Calculations are based on the assumption that investment positions are closed at the rates which match the maximum acceptable loss and minimum acceptable gain entered. However, there is no guarantee that trades will be executed at stop-loss limits because orders are converted to market orders when the stop-loss threshold is reached and then sold at the best available offer.
- Stop-loss and take-profit rates are calculated exactly and then rounded to the seventh decimal. All additional results are calculated based on the rounded stop-loss and take-profit rates and then rounded to the second decimal (stop-loss) or fourth decimal (take profit).