Evaluate a gold trade's potential reward relative to planned risk using entry, stop-loss and take-profit prices. The result includes the R multiple and the theoretical break-even win rate implied by the reward-to-risk ratio.
Long and short trades supported.
If the planned risk is $100 and the target represents 2R, the target profit is $200 before fees and execution differences. The ratio does not say anything by itself about how likely the target is to be reached.
If every trade had the same fixed reward-to-risk ratio and ignored costs, the theoretical break-even win rate is 1 divided by (1 + reward-to-risk). A 1:1 ratio is 50%; a 2:1 ratio is about 33.3%. Real trading results are affected by costs and changing outcomes.
Potential reward divided by planned risk distance.
Potential reward is twice the planned risk.
The trade outcome expressed in units of initial risk.
No.
Yes.