A Buy/Long entry at 1.1000 with a 0.0050 stop distance exits at 1.0950 or 1.1100.
This tool suggests price levels based only on the inputs you provide. It does not recommend where to place a stop loss based on market analysis, support and resistance, or volatility. This content is for educational purposes only and does not constitute financial advice. This tool provides estimates and should not be your sole basis for trading decisions.
How This Calculator Works
You can use this tool in two ways:
By price distance: enter how far (in price units or pips) you want your stop loss and take profit from your entry price, and the calculator returns the exact price levels plus the resulting risk-to-reward ratio.
By risk/reward ratio: enter your stop loss distance and your desired ratio (e.g., 1:2 or 1:3), and the calculator works out the take profit price level that achieves that ratio automatically.
Buy/Long: stop loss price = entry price − stop loss distance; take profit price = entry price + take profit distance (or stop loss distance × ratio).
Sell/Short: stop loss price = entry price + stop loss distance; take profit price = entry price − take profit distance (or stop loss distance × ratio).
What This Tool Doesn't Do
This calculator converts distances and ratios you provide into price levels — it doesn't tell you where the stop loss should go based on market structure, support and resistance, or volatility. Those decisions come from your own analysis. For the principles behind setting a sound stop loss in the first place, see our risk management guide.
After You Calculate Your Levels
Once you have your stop loss and take profit prices, confirm the setup makes sense with the risk/reward calculator, then calculate how large a position to open with the position size calculator, using your stop loss distance as an input.
Frequently Asked Questions
Should I use a fixed distance or a risk/reward ratio to set my stop loss?
Both are common. Many traders determine their stop loss distance first based on market structure (like a recent support or resistance level), then use the ratio mode to find a take profit that keeps the trade worthwhile.
Can I use this for both forex and stocks?
Yes — enter price distances in whichever unit matches your instrument (pips for forex, or the instrument's regular price units for stocks, commodities, and indices).
Does this tool guarantee my stop loss will execute at exactly this price?
No — standard stop losses can experience slippage during fast-moving or illiquid markets. For execution at the exact specified price, some brokers offer guaranteed stop losses, typically for an additional fee, as covered in our advanced risk control guide.