Use this calculator to map out possible exit levels. It helps you plan trades more clearly, not predict outcomes. Add several take profit levels to scale out of positions when needed, depending on market movement.
Information: The take profit calculator calculates your exit prices and projected outcomes (actual results vary with market conditions) based on your entry price, position size, and profit targets. Try adding several take profit levels to scale out your positions.
How to use the calculator:
- Enter entry price: Input your trade’s entry price in the “Entry Price” field.
- Enter position value: Input your trade’s total value in the “Position Value” field.
- Select Currency: Choose your preferred currency from the dropdown menu.
- Choose trade type: Select Long or Short from the “Trade Type” dropdown.
- Add take profit levels: Click “Add Take Profit Level” and input the desired percentage profit for each level.
- Calculate results: Click “Calculate” to view Take Profit Prices and Net Profits for all levels.
- Remove levels if needed: Click the “×” button next to any level to remove it; results will adjust dynamically.
- Repeat: Modify levels or add new ones and recalculate as needed.
The take profit price is only a potential price level based on the calculation outcomes. Trading profits are never guaranteed.
What is a take profit / TP calculator?
A take profit calculator helps traders calculate their exact exit points for trades to lock in profits at one ore several levels. It uses the entry price, trade size, and profit percentage to determine where a trader should close their position. The calculator simplifies the process of setting take profit levels, making trading decisions faster and more accurate.
This tool is helpful for traders in markets like forex, crypto, and stocks. It reduces the need for manual calculations and ensures traders know their potential profits before entering a trade. By using this calculator, traders can set clear goals and reduce hesitation by giving structure during fast market moves. Meanwhile, forex traders use it alongside a forex spread calculator to calculate potential costs that might impact their take profit levels.
t handles the math so you can focus on structure and execution. The trader still makes the decisions.
How does a take profit calculator work?
The tool is straightforward. You enter numbers, and it gives you the levels. You start by entering your entry price, trade size, and the profit percentages you aim to achieve. If you’re going long, the calculator projects higher price levels that would meet your target if the market reaches that level. If it’s a short trade, it calculates the price levels you should exit at as the price falls.
For example, say you enter a long trade on EUR/USD at 1.04534 with a trade size of $10,000. By inputting a 20% profit target, the calculator determines your exit point and the estimated result if the price fills exactly at that level. This same logic applies to short trades, the price level required for the target, if the move continues downward. Traders managing multiple levels can use this calculator in conjunction with tools like our forex risk calculator to balance planned exits with your overall risk approach.
It’s not just about setting exit points—it also helps manage risk. By visualizing potential outcomes, you can make smarter decisions and avoid overcommitting to trades. Plus, its ability to handle multiple profit levels allows you to scale out of positions gradually, reducing position size in steps as the trade develops. It’s precise, efficient, and useful for traders who want clear reference points.
Why should traders use it?
A take profit calculator gives you a strategic edge by taking the guesswork out of your exits. By setting clear profit targets, you can stick to your plan and avoid making impulsive decisions.
Another way to check the your overall decision-making process and trade structure is to use our trade calculator, which automatically shows your trade trajectories on a chart, among other metrics.
One of the biggest advantages of using this tool is its role in risk management. Knowing exactly where to exit helps highlight points where you may consider exiting before conditions change. Plus, for traders who juggle multiple trades, it’s invaluable for staying organized.
The calculator also saves time by doing the calculations instantly, instead of manually. This is especially critical in volatile markets like crypto or forex, where ming can matter in fast-moving markets.
It’s a planning tool. You still need discipline on the execution side. It ensures that your decisions are anchored to predefined levels, not impulses, allowing you to focus on execution and strategy rather than emotions.