Usage Guide for Our Take Profit level Calculator

This post will show you how to use our take-profit-Level calculator. We’ll start by explaining the inputs needed to use this calculator, and then show you how to use it to figure out where to put your stop loss.

Open Take-Profit level calculator

Inputs needed to use Take-Profit-Level Calculator

For you to use this Take Profit Level Calculator, you need to put three things in place: the entry price, the profit, and the lot size you want to use in the trade. When you enter the above values, our calculator will help you determine the perfect place to put your Take profit level.

(1). Entry price: This is the price at which you intend to enter a trade.

(2). Lot size: This is a measure of the amount of an asset you want to buy or sell in a transaction. Check out our lot size calculator.

(3). Profit: The amount of profit you want to make in the trade.

How to use our Stop Loss Level Calculator

Using this calculator is very simple. You just need to give it the entry price, lot size, and the profit you want on the trade, and it will calculate the take-profit level for you.

In the picture below, I have input my lot size as 0.5, my entry price as 547931.50, and a profit of $300. The calculator calculated the take-profit level to be 548531.5.

Also Read:  Usage Guide for Our Synthetic Indices Profit Calculator

Take profit level calculated by our calculator

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