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- Forex Calculator-PipopaPips Vs. RuinRisk
Forex Calculator-PipopaPips vs RuinRisk Usage & Stats
Here is the problem.
When USDJPY was at 110.065, you went long EURUSD at 1.12236 for 110,000 yen and cut your losses at 1.12071.
Q. How much will you lose when the stop loss is taken?
You can calculate this instantly, right?
Yes, it is 19,977 yen.
I can't calculate it.
However, if you don't know how much you will lose and you just place a stop-loss order, it is risky.
If you don't know how much you will lose, it is risky.
However, I have created something that solves all of these problems.
How much will you lose?
How many lots should I enter to be safe?
How much you can afford to lose
↑You can find out all of these things.
It's called "Risk Calculator".
However, this is a boring name, so I decided to call it "PipopaPips".
The name is "PipopaPips".
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Functions
Function to calculate the safe lot
It is calculated from the acceptable loss amount and the acceptable loss range.
If you set the stop loss of the acceptable loss range in the calculated lot, you can trade without exceeding the acceptable loss amount.
Function to calculate the amount of loss
The amount of loss is calculated based on the desired lot and the allowable price range.
You can trade without exceeding the calculated amount of loss by setting a stop loss of the allowable loss range for the desired lot.
Function to calculate the allowable loss range (stop loss)
This is calculated based on the desired lot and the allowable loss amount. (It can also be calculated as a percentage of funds instead of the amount of loss.)
(You can also use % of funds instead of the amount of loss.) If you set the stop loss at the calculated allowable loss range and trade with the desired lot, you can trade without exceeding the allowable loss amount.
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Recommended for the following people!
People who trade using charts in forex investment.
People who use TradingView or MT4/MT5 for trade analysis.
People who use TradingView or MT4/MT5 for trade analysis.
People who use the Trade Note function of Trading View.
People who use the trade note function of the trading view. - People who are diligent and want to manage their assets properly.
People who use demo trading to simulate trades.
People who know that they can control risk in Forex.
People with a high awareness of risk management who have been managing their assets with stock dividends
Translated with www.DeepL.com/Translator (free version)
- Apple App Store
- Paid
- Finance
Store Rank
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// Overview
This app calculates the risk of ruin.
Simply move the sliders, so that you can easily simulate the risk of ruin.
It displays that the table of the risk of ruin changing the orientation of the device.
// Features
The risk of ruin has been featured in the book on money management by Nauzer J. Balsara, "Money Management Strategies for Futures Traders (1992)".
It is utilized in areas such as investment strategies for stock and futures markets, and used to money management and risk management.
This app displays the risk of ruin, 0% to 100%.
Higher the value is large, you can say it is high-risk trade.
The risk of ruin is calculated from the following three parameters.
Exposed Capital: The fraction of capital exposed to trading.
Payoff Ratio: The ratio of average trade win to the average trade loss.
Probability of Winning: The ratio of number of trades that profit came out to the total number of trades in the past.
For example:
Total Investment Capital $100, and loss cut $3.
The average trade win $2, the average trade loss $1.
Assumed that past trading results indicate that you have 6 wins for 10 trades.
Each parameter is as follows.
Exposed Capital: $3 / $100 = 0.03
Payoff Ratio: $2 / $1= 2
Probability of Winning: 6/10 = 0.6
// Notes
- This app is created with careful attention to calculation results, but we are not responsible for its accuracy or damage.
- This app does not facilitate cryptocurrency, but to provide secure risk management for general investments.
- You cannot sell or buy cryptocurrency using this app.
- Apple App Store
- Paid
- Finance
Store Rank
- -
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Forex Calculator-PipopaPips VS.
RuinRisk
December 31, 2024