Description
Forex Trade Calculator
Forex Trade Calculator is a handy tool that helps you figure out the current profit or loss from your open positions. It uses real-time quotes to give you accurate numbers. Plus, it can calculate your profit or loss after you partially close or reverse positions.
Stay Updated with Economic Alerts
This software also has a cool feature: an economic calendar alert! It sends warnings about important news in real time. You’ll see these important events marked with yellow labels on the alert panel (which is that blue strip at the top). And here’s something neat—15 minutes before an event, that alert panel will change to blinking red!
How to Use Forex Trade Calculator
Getting started is super easy! Just follow these steps:
- Select your instrument from the dropdown list (like EUR/USD).
- Input your Current Lot value and Opening price in the first row. The profit and Pips will be calculated automatically using real-time quotes.
- If you want to calculate a new position, just input the additional Lot value in the second row. Remember, if you're buying an additional lot, it should be a positive value; if not, make sure it's negative.
- The data in the New row (Lot, Profit, Pips, Opening price) will update automatically!
- If you want to use this new data as current information, just hit the Y button at the top of the form. The form caption will turn gray while waiting for quote data.
If you're ready to check it out and download this awesome tool, click here.
User Reviews for Forex trade Calculator 7
-
Forex Trade Calculator is a time-saving tool for accurately calculating profit/loss of open positions and providing alerts for important news events.
-
Absolutely love the Forex Trade Calculator! It's super intuitive and helps me track my trades effortlessly.
-
This app is a game changer for forex trading! Real-time quotes and easy profit calculations make it essential.
-
The Forex Trade Calculator is fantastic! The alerts for economic news keep me informed and ready to trade.
-
I can't recommend this app enough! It simplifies complex calculations and the interface is user-friendly.
-
Great app for forex traders! The real-time data and profit/loss calculations are spot on. Five stars!
-
Forex Trade Calculator has made my trading experience smoother. The alerts are timely, and the layout is perfect!