THE ADVANCED CALCULATOR

THE ADVANCED CALCULATOR

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LET'S GET REAL...

FACT:  
You have no chance of being successful trading Forex if you don't use great Money Management.

What Is Money Management?

PROTECTING YOUR MONEY!
PROTECTING YOUR MONEY!
If you POSITION SIZE each trade just right, you can...

MAXIMIZE PROFIT when you win

MINIMIZE LOSS when you lose

MAXIMIZE PROFIT when you win

MINIMIZE LOSS when you lose

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No matter how complex or simple your trading strategy is, the Forex Smart Tools Advanced Calculator makes the job of POSITION SIZING easy.

No matter how complex or simple your trading strategy is, the Forex Smart Tools Advanced Calculator makes the job of POSITION SIZING easy.

What Does Position Sizing Mean?

Knowing how large a trade you should put on to maximize your profit for that trade, while never risking more than you feel comfortable with losing. The Calculator gives you this precise number for your position size in standard lots, mini lots, micro lots, units or amount per pip.
Enter your Risk Profile on the home page
But Why Should I Do This?

If this idea is new to you, it might sound confusing or difficult to do. If you've been using just one fixed lot size for all your trades then position sizing might sound like it will take too much time. Why do people take the time?
                Because...

You Could Be Making More Money
Yes – the same trade strategy you are using right now might be much more profitable with just this one change: Position Sizing.  Read our article about Adaptive Position Sizing to learn more.

Risk A Fixed Percentage of Your Account

On the home tab enter your RISK PROFILE ~ the max that you could lose if the trade fails.

The Calculator will show you what that % translates to as pips and money.

Using a percent is the smart way to trade!

Read more about risk profiles and why the % matters

Enter your Risk Profile on the home page

All Your Accounts In One Place

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Some platforms now offer their own calculators, which work fine for simple in-and-out trades. But if you have more complex trades they don't help you.

Also – think how easy it will be to use the same calculator for each broker's platform instead of switching back and forth!

Keep your trading simple by using one great calculator for all your accounts.

Break Even Calculator

Forex Smart Tools Break Even Calculator

Say you took a short on the AUDUSD at 0.6940.  It stopped out so fast you thought - "Ah, momentum has shifted to the long side. I want to make up my loss with a buy."

How far do you need to go to get to break even and recover your loss?

You need that answer FAST - because price might touch your target and then retreat.  Quick!  Set your take profit!

But where?   The Advanced Calculator will tell you that in an instant.

Just tell the Calculator how many lots you used in your first leg (the short) and where you entered and were stopped.

Then enter the direction of your next trade (in this case a buy), how many lots your used and what price you got filled.

PRESTO - you see your break even price is 0.6694, just 19 pips away.

Maybe you think you can go for 4 more pips with this - the extra info box shows just what you'll make if you want a little more or less than break even.

Fastest Position Sizing Ever

Forex Smart Tools Turbo Fast Position Sizing Calculator

Do you like to trade with a certain size  stop on each currency pair you trade?

This is absolutely the fastest position size tool for you.

Just enter the number of pips for your stop  and your position size immediately pops up.

And if you like using a take profit that is a ratio of your stop, such as a 2-to-1 risk to reward, you can check the box, put in your ratio and your target pops up.

These position sizes automatically take your risk profile, your equity and the pip value of each currency pair into account.  Never lose more than you plan with this tool.

Plan Your Trade Before You Take It

Plan Ahead To Trade well

Who makes the best forex traders?  Airplane pilots.

Why?  Because they were trained to use safety checklists before each flight. They usually bring that same careful thought to their trading.

The Advanced Calculator will help you trade like a pilot too.  It puts all those important details at your finger tips, so they are easy for you to think about before you enter your trade.

Have you been overlooking the difference between bid and ask?  Read our article about why ignoring BID and ASK can cost you.

Advanced Features for Advanced Traders

Sometimes all you need is a knife.

But other times you are so glad to have a can opener, a wine corkscrew, a screwdriver, a wood saw – and don't forget that essential toothpick!

The Advanced Calculator has 3 tabs for easy trade setups, each slightly different to serve your needs.

But if you use more advanced methods of trading you'll really appreciated the Calculator's full feature set too.

💵 STOP & REVERSE

💶 OPEN-LEG COST AVERAGE

💷 CLOSED-LEG COST AVERAGE

💴 FIXED or VARIABLE SCALE IN GRIDS

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Advanced Features for Advanced Traders

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Sometimes all you need is a knife.

But other times you are so glad to have a can opener, a wine corkscrew, a screwdriver, a wood saw – and don't forget that essential toothpick!

The Advanced Calculator has 3 tabs for easy trade setups, each slightly different to serve your needs.

But if you use more advanced methods of trading you'll really appreciated the Calculator's full feature set too.

💵 STOP & REVERSE

💶 OPEN-LEG COST AVERAGE

💷 CLOSED-LEG COST AVERAGE

💴 FIXED or VARIABLE SCALE IN GRIDS

From some of our Forex Smart Tools users...

"Thanks for you thorough and clear explanations! I must say your recorded material is as good as any out there – actually head and shoulders above the rest. I have been trading since the 70's and have seen it all and then some. EXCELLENTLY DONE! And this is under-stating the quality of your work! After so many years of sifting through endless useless crap, it is a real joy to find your product. I hope you are getting the word out about your product. It should be a smashing success. I have used most of what you cover for years, but now it's going to be easy! I'm a very happy camper."
~ John S.

"The Trade Log and the Calculator are both fantastic tools. I have just turned a corner in my trading last week with my analysis and my results, mainly because I have started putting all my trade plans down in the Calculator and Trade Log before price got to my level, before that I was only entering them after. That way when price came into my zone I was ready to pounce, having all the information I needed right there, and felt SO much more confident (plus makes doing the result much easier too since you already have the info in there). I have you both to thank for creating them! Wonderful, and keep up the great work!" ~ Brendan M

"Thank you for the Calculator...it is a tremendous aid and your wisdom on risk has been a MAJOR help to me. In the last month I had small wins that would have been 3 to 5 times larger had I used adaptive position sizing as you show in your videos. I had a couple of losing trades at 3.67% that I closed  early anticipating a greater loss. Bottom line: had I used the Calculator with adaptive position sizing, I would have stuck with my original trading plan, knowing I was making more profit per pip, and would not have worried about losers because they would have been only 2%. I am now trading so much better." ~ David M.

Feature Overview

The Forex Smart Tools Advanced Calculator has the features you need to understand and manage your risk – the foundation of all mastery in trading.

  • Stop Losing More Than You Can Afford
  • Precisely Control Risk
  • Easy to Use, Yet Full Featured
  • Learn Adaptive Position Sizing
  • Deep Knowledgebase Training
  • Equity from MT4 Auto-Updated
  • The Edge You Need To Succeed
  • Works With All Forex Pairs
  • Works With Spread Brokers
  • Ends Confusion Over Bid & Ask
  • Plan Pending Orders
  • Understand Cost Averaging
  • Settings Are Stored Each Session
  • Analyze Stop-&-Reverse Risk/Gain