Description
Forex Trade Calculator
Forex Trade Calculator is a handy tool that helps you figure out how much you're winning or losing on your open trades. It uses real-time quotes to give you the most accurate profit/loss numbers. Plus, it can also calculate profit or loss after you've made partial closures or even reversed your positions!
Stay Updated with Economic Alerts
This software doesn't just stop at calculations! It also keeps you in the loop with an economic calendar alert feature. You’ll get warnings about important news as it happens, so you never miss a beat. Important news events are marked with yellow labels on the alert panel (you'll spot them in the blue strip). Oh, and if something big is coming up, the alert panel switches to a blinking red color 15 minutes before the event!
How to Use Forex Trade Calculator
Using this tool is super easy! Here’s how:
- Select your instrument from the dropdown list (like EUR/USD).
- In the first row, input your Current Lot value and Opening price value. The calculator will automatically show your Profit and Pips using real-time quotes.
- If you're looking to add a new position, just put in the additional Lot value in the second row. Remember, if you're buying more lots, make it a positive value; if selling, use negative.
- The data for your new row (Lot, Profit, Pips, Opening price) will be calculated automatically.
- If you want to use this new data as current info, just press the 'Y' button at the top of the form. The caption of the form changes color to gray while waiting for quote updates.
If you’re ready to take control of your forex trading experience, check out this awesome tool! You can download it here.
User Reviews for Forex trade Calculator 7
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Forex Trade Calculator is a handy tool for real-time profit/loss calculations and position management. The economic calendar alerts are especially helpful.
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This app is a game changer for forex traders! The real-time profit/loss calculations are spot on and super helpful.
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Absolutely love the Forex Trade Calculator! It's user-friendly and the alerts for economic news keep me ahead of the game.
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A must-have for anyone trading forex. The calculations are accurate, and the alert system is incredibly useful for managing trades.
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Five stars! This app simplifies my trading process with easy calculations and timely news alerts. Highly recommended!
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Best forex calculator I've used! The interface is intuitive, and I appreciate how it updates in real time. Great tool!
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Fantastic app for forex traders! It makes tracking profits and losses so easy, plus the news alerts are invaluable!