Free tool
R-multiple calculator, for any trade.
R is your result measured in what you risked. Risk $50 and make $100, and that is 2R. Enter your entry, stop and exit to get the R of a trade, or add a list of results to get your total and average.
Your own trades have an R too.
EdgeFlow logs every trade in R and shows your average R for each of your confluences.
How it’s calculated
The distance from your entry to your stop is 1R. The result is how far price moved in your favour, divided by that distance. A move against you counts as negative.
A long trade has its stop below the entry, a short trade above it.
The total is all results added up. The average is the total divided by the number of trades.
A fill at a worse price than you planned shows up when you enter your real exit price.
Read the guide: What is R in trading? R-multiples in plain words
FAQ
Common questions
You made twice what you risked. Risk $50 on a trade, close it with $100 profit, and that is +2R. A loss of the full $50 is -1R.
Work out how far your stop is from your entry. That distance is 1R. Then divide how far price moved in your favour by that distance. A long from 100 with a stop at 95 and an exit at 110 moved 10 on a 5-point stop, so it is +2R.
R makes trades comparable. A $40 win on a small position and a $400 win on a large one can both be +1R. Your results then show how your trading went, whatever size you used.
Close to it. A fill at a worse price than your stop, or a stop you moved, can make it -1.2R or -0.9R. Enter your real exit price to see it.
Any average above zero over many trades means your trades added up. An average over 20 trades can be luck, so check it again as the number of trades grows.
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