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Profit and loss calculator
Enter your entry and exit prices to see the move in pips and the profit or loss. Spread, commission and swap are not included.
New to this?
You getThe move in pips, and the profit or loss in money
What to enter, and the terms used
You enterAccount currency, pair, contract size, buy or sell, entry price, exit price and lot size
A pip is the unit for price moves. For most pairs it is 0.0001; for JPY pairs such as USD/JPY it is 0.01.
New to these words?
Example: enter this, get this
- Account currency: USD, pair: EUR/USD, contract size: 100,000 units
- Buy, entry price: 1.0850, exit price: 1.0885
- Lot size: 0.1 (= 10,000 units)
The move is (1.0885 − 1.0850) ÷ 0.0001 = +35 pips. The P&L is 35 × 0.0001 × 100,000 × 0.1 = +$35. It is a profit because you bought and the price rose. Spread, commission and swap are not included, so your real result will differ a little.
The example numbers only show how the calculation works. They are not recommendations. Replace them with your own account’s numbers, or use “Clear inputs”.Where do I find these numbers?
- Entry and exit prices
- The Price columns in the Account History tab of the MT4 Terminal, or the History tab of the MT5 Toolbox
- Open positions
- The Trade tab shows the current price and the open P&L (Profit column)
- Contract size
- Right-click the pair in Market Watch → Specification → “Contract size”
The mobile app and platforms other than MT4/MT5 may use different names or places (for example, “Units” or “Lot size” for contract size). If you cannot find a number, check your broker’s help pages.
How it works
- Move in pips = (exit − entry) ÷ pip size. For a sell, the sign flips.
- P&L = pips × pip size × contract size × lots (converted to your account currency)
- For gold, a $1 price move counts as 1.
FAQ
Why is it a little different from MT4/MT5?
Spread, commission, swap and the conversion rate.
Can I use it for an open trade?
Yes. Enter the current price as the exit price for a rough idea of the open P&L.
Log how you felt next to the P&L.
Tiltnote is a trading journal that keeps your P&L next to how you felt and whether you kept your rules on each trade.
Try Tiltnote free →On the free plan, analysis and history show your most recent 14 days (older records are kept and unlock on the paid plan).Related articles
What is forex? Reading a currency pair, and how buying and selling workHow to calculate forex profit and lossWhy you move your stop loss, and what to check firstWhat is swap (rollover)? Receiving or paying the interest rate gap
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This tool is a calculation aid. It is not investment advice or a recommendation to make any trade. Real values depend on your broker’s contract size, rates, commissions and spread. Always check in your trading platform before placing an order. The numbers you enter are calculated on your device and never sent anywhere.
Updated 21 Oct 2026 · Run by Kenji Okumura, Representative, Tiltnote · About this site