Free trading tools
R-Multiple Calculator
Convert a trade result into R based on planned risk.
Best for
Measuring trade outcomes against planned risk.
What you get
R-multiple, dollar result and risk-normalized outcome.
Not for
Changing the original planned risk after the trade.
Formula
R-multiple equals trade profit or loss divided by initial planned risk.
Example
If you risked $100 and made $250, the result is +2.5R.
Hexaplan verdict
Useful for comparing trades with different sizes.
How R-multiple works
R measures a trade result relative to the amount you planned to risk. This makes small and large trades easier to compare.
A +2R trade made twice the planned risk. A -1R trade lost the planned risk.
How to use this calculator
- Enter planned risk.
- Enter actual profit or loss.
- Review the R result.
- Compare it with your strategy targets.
- Track average R over time.
Common mistakes
- Changing planned risk after the trade.
- Ignoring fees.
- Mixing planned and actual stop distance.
- Only tracking dollars.
- Not reviewing average R.
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FAQ
Why use R instead of dollars?
R lets you compare trades with different sizes and account balances.
Can a losing trade be less than -1R?
Yes, if you cut it early. It can be worse than -1R if slippage or rule breaks happen.
Should fees be included?
Yes, if you want the real R result.