SL & TP Price Calculator - The Payout Report

SL & TP Price Calculator | The Payout Report Academy

Trade Setup Inputs

Fill in your details to calculate exact SL & TP levels

Account Balance (USD)

Instrument / Market

Trade Direction

Entry Price

Lot Size

Stop Loss Distance (pips)

How many pips from your entry price to your stop

Risk : Reward Ratio

Leverage

Lot Type

Your Price Points Appear Here

Fill in all fields on the left and press Calculate to get your exact Entry, Stop Loss and Take Profit levels — ready to key straight into your platform.

Direction

—

SL Distance

—

pips to stop loss

R:R Ratio

—

Key Levels — Enter These Into Your Platform

Entry Price

—

ENTRY

—

Stop Loss Price

—

STOP LOSS

—

Take Profit Price

—

TAKE PROFIT

—

Risk Amount

—

Potential Profit

—

Pip Value

—

per pip at this lot size

Margin Required

—

Position Value

—

notional trade size

Min Win Rate

—

to break even at this R:R

Risk vs Reward — Visualised

Risk: —

Reward: —

R:R —

Min win rate: —

Full Trade Breakdown

How It Works

How to Use the SL & TP Calculator

This tool is different from a position size calculator. Here you already know your lot size — you need the exact price levels to key into your platform. Fill in five fields and you have everything in seconds.

Select Your Market

Choose your instrument from the dropdown. The calculator knows the pip size and contract spec for every market automatically — forex majors, minors, exotics, metals, indices, energies and crypto are all supported.

Set Direction & Entry

Select BUY or SELL to match your trade direction, then enter your planned entry price exactly as it appears on your chart. Direction determines whether your SL sits below or above your entry price.

Enter Lot Size & SL Pips

Input your planned lot size and how many pips from entry your stop loss should sit. Base this distance on your technical analysis — a swing high/low, a key structure level, or an ATR multiple. Never pick a random number.

Copy Your Price Points

The calculator gives you three exact price levels: your entry, stop loss and take profit. Use the Copy button on each card to paste the number directly into your broker platform — no mental arithmetic, no rounding errors.

The Maths

What the Calculator Actually Computes

Understanding the formulas behind the output makes you a more confident trader. Every number this tool produces comes from one of these calculations.

Stop Loss Price

BUY trade: SL Price = Entry – (SL Pips x Pip Size) SELL trade: SL Price = Entry + (SL Pips x Pip Size)

For a BUY on EUR/USD with entry 1.08500 and a 20 pip stop: SL = 1.08500 minus (20 x 0.0001) = 1.08300. On a SELL the SL goes the other direction. The calculator handles all pip sizes across all markets automatically.

Take Profit Price

TP Distance = SL Distance x R:R Ratio

BUY trade:
TP Price = Entry + TP Distance

SELL trade:
TP Price = Entry – TP Distance
        

With a 1:2 R:R and 20 pip SL, your TP distance is 40 pips. On a BUY at 1.08500: TP = 1.08500 + 0.0040 = 1.08900. The ratio multiplies your SL distance to set the target automatically.

Risk & Reward in Dollars

Pip Value  = Lot Size x Pip Value per Lot

Risk ($)   = SL Pips x Pip Value

Profit ($) = TP Pips x Pip Value

If pip value is $1.00 at 0.10 lots and your SL is 20 pips: risk = $20. At 1:2 R:R your potential profit is $40. This tells you the dollar value of the trade before you open it — critical information for prop firm accounts.

Minimum Win Rate

Min Win Rate = 1 / (1 + R:R) x 100%

At 1:2 R:R:  1 / 3 = 33.3%
At 1:3 R:R:  1 / 4 = 25.0%
At 1:1 R:R:  1 / 2 = 50.0%
        

This is the win rate below which you lose money over time, assuming all trades are the same size. A 1:3 R:R means you only need to win 1 in 4 trades to break even — even a losing strategy can be profitable with a strong R:R.

R:R Ratio Guide

Choosing the Right Risk:Reward Ratio

Your R:R ratio determines how often you need to win to stay profitable. Most retail traders focus on win rate and ignore R:R entirely — this is one of the most costly mistakes in trading.

R:R Ratio Reference Table

How your required win rate changes as your R:R ratio improves

R:R Ratio	Min Win Rate	Wins needed (per 10 trades)	Prop Firm Suitable	Verdict
1 : 0.5	66.7%	Win 7 or more	No	Avoid
1 : 1	50.0%	Win 6 or more	Borderline	Weak
1 : 1.5	40.0%	Win 5 or more	Yes	Acceptable
1 : 2	33.3%	Win 4 or more	Yes	Good
1 : 3	25.0%	Win 3 or more	Yes	Strong
1 : 4	20.0%	Win 3 or more	Yes	Excellent
1 : 5	16.7%	Win 2 or more	Yes	Elite

Common Mistake

Moving the SL to give it more room

Widening your stop loss after entry because price is moving against you is one of the most expensive habits in trading. It invalidates your original technical analysis, increases your dollar risk and turns manageable losses into account-damaging ones. Set your SL before you enter and honour it.

Best Practice

Place SL at a technical level, not a round number

Base your SL distance on where your trade idea is genuinely invalidated — below a swing low for longs, above a swing high for shorts. Then use this calculator to find the exact price to key in. Stop losses placed at round pip distances with no technical basis lead to poor results over time.

Common Mistake

Taking 1:1 or worse R:R on every trade

If you risk the same as you aim to make, you need to win more than half your trades just to break even — before spread and slippage. Most retail traders win fewer than 50% of trades, making 1:1 R:R structurally unprofitable. A strategy that looks good on paper collapses under this ratio.

Best Practice

Target a minimum of 1:2 on every setup

At 1:2 R:R you only need to be right 34% of the time to break even. At 1:3 it drops to 25%. This means you can lose the majority of your trades and still be profitable — which is exactly how professional traders survive inevitable drawdown periods without destroying their accounts.

Markets Covered

Supported Instruments & Pip Sizes

The calculator handles pip sizes and contract specifications automatically for every market. Use this reference guide to understand how each asset class is priced.

Major Forex 7 pairs

EUR/USD, GBP/USD, AUD/USD, NZD/USD 0.0001 pip
USD/JPY 0.01 pip
USD/CHF, USD/CAD 0.0001 pip
Standard lot size 100,000 units
Pip value (USD pairs, std lot) ~$10.00

Minor / Cross Pairs 21 pairs

EUR/GBP, GBP/AUD, AUD/CAD etc. 0.0001 pip
EUR/JPY, GBP/JPY, AUD/JPY etc. 0.01 pip
Standard lot size 100,000 units
Pip value varies by quote currency ~$6-$13
JPY pairs: pip value divided by price Dynamic

Exotic Pairs 10 pairs

USD/ZAR, USD/MXN, USD/TRY etc. 0.0001 pip
USD/HUF 0.01 pip
Standard lot size 100,000 units
Pip value lower than majors $0.03-$0.95
Higher spreads — factor into SL distance Important

Precious Metals 5 metals

Gold (XAU/USD) $0.01 pip size
Silver (XAG/USD) $0.001 pip size
Platinum, Palladium $0.01 pip size
Copper (XCU/USD) $0.0001 pip size
Gold contract size 100 oz per lot

Indices 11 indices

US30 (Dow), SPX500, NAS100 1 pt / 0.1 pt
UK100, GER40, FRA40, ESP35 0.1 pt
JPN225, HK50, CN50 1 pt
AUS200 0.1 pt
SL distance entered in points Not pips

Crypto & Energies 13 markets

BTC/USD $1.00 pip size
ETH, BNB, SOL, AVAX, LTC $0.01 pip
XRP/USD, ADA/USD $0.0001 pip
WTI and Brent Crude $0.01 pip
Natural Gas $0.001 pip

Key Terms

Trading Glossary

Every term used in this calculator, defined in plain language.

Stop Loss (SL)

An order placed at a specific price that automatically closes your trade if the market moves against you. It caps your maximum loss on any trade. Never trade without one — it is your primary protection against catastrophic loss.

Take Profit (TP)

An order that closes your trade automatically when price reaches your profit target. It locks in your gain without requiring manual monitoring. Setting a TP before entry removes emotional decision-making from a winning trade.

Risk:Reward Ratio

The ratio of potential loss to potential gain on a trade. A 1:2 ratio means you risk $100 to make $200. Higher ratios allow profitability even with a low win rate — and are essential for passing prop firm challenges.

Pip

The smallest standard price movement for an instrument. For most forex pairs this is 0.0001 (the 4th decimal place). For JPY pairs it is 0.01. For Gold (XAU/USD) it is $0.01. For indices and crypto it is measured in points.

Pip Value

The dollar value of one pip at your current lot size. At 1 standard lot on EUR/USD, 1 pip equals $10. At 0.10 lots it is $1.00. At 0.01 lots it is $0.10. Pip value scales linearly with lot size and is used to calculate your exact risk in dollars.

Lot Size

The volume of a trade. 1 standard lot is 100,000 units. 1 mini lot is 10,000 units. 1 micro lot is 1,000 units. Lot size directly controls how much each pip of movement is worth in dollar terms.

Entry Price

The exact price at which your trade opens. All SL and TP distances are measured from this point. Precision matters here — even a single pip error shifts all your levels and changes your actual risk amount.

Minimum Win Rate

The percentage of trades you must win just to break even over time at a given R:R ratio. At 1:2 R:R this is 33.3%. Win more than this figure consistently and your strategy is profitable — win less and it loses money regardless of how good individual trades look.

Margin

The collateral your broker holds while your position is open. It is not a fee — it is returned when your trade closes. Margin equals Position Value divided by your Leverage. Keeping margin well below your account balance protects you from margin calls.