Profit and loss calculator
What a completed or planned trade makes or loses, translated from price distance into pips and into your account currency.
What the number means
Profit is price distance multiplied by position size, nothing more. The same 50 pip move is worth $500 on one lot and $50 on a mini lot - which is why pips alone say nothing about how a trade actually went until size enters the arithmetic.
The account-currency figure is the one that matters, and it needs the conversion rate whenever the instrument's quote currency is not your account currency. A yen-quoted profit means a different number of pounds every day the rate moves.
Worked example
Long one lot of EURUSD from 1.1000, exited at 1.1050.
- Distance: 1.1050 − 1.1000 = 0.0050 = 50 pips
- P&L: 0.0050 × 100,000 = $500.00
The same exit on a short position is a $500 loss - direction is half the calculation. The unit test suite pins these exact figures, along with the JPY and gold cases.
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<a href="https://ticksprout.com/tools/profit-loss">Profit and loss calculator by Tick Sprout</a>Related tools
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