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Stop Loss & Take Profit Calculator

Enter your entry price, direction and your stop loss and take profit in pips to get the exact price levels, plus the dollar risk, reward and risk-to-reward ratio.

Stop loss price
1.09800
Take profit price
1.10400
Risk
$200
Reward
$400
Risk / reward
1 : 2.0

Works with any broker and platform, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, NinjaTrader, TradingView, DXtrade and Match-Trader.

Set stops and targets with precision

This calculator converts your stop loss and take profit from pips into exact price levels you can enter on MT4 or MT5, and shows the dollar risk and reward so you know your exposure before you click buy or sell.

How it works

Stop and target prices are your entry plus or minus the pip distance, adjusted for direction. Risk equals stop loss pips times pip value times lot size, and reward uses the take profit pips the same way. A 20 pip stop and 40 pip target gives a 1 to 2 risk-to-reward.

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Frequently asked questions

How do I convert pips to a stop loss price?

Multiply your stop in pips by the pip size (0.0001 on most pairs, 0.01 on JPY pairs) and subtract from your entry for a long, or add for a short. This calculator does it automatically for the instrument you pick.

What is a good risk-to-reward for stops and targets?

Many traders aim for at least 1 to 2, meaning the take profit distance is twice the stop loss distance. That way a modest win rate still produces a profit over time.

Does this work on MT4 and MT5?

Yes. The stop loss and take profit prices it produces can be entered directly into the order window on MetaTrader 4 or MetaTrader 5.

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