Free tool
Risk-reward & R-multiple calculator
Compare the reward you planned with the reward you actually took. Enter your entry, stop and target — the calculator gives the RR ratio, the realised R-multiple and the price at every R level.
Your trade
Result
Realised R-multiple
based on your actual exit
2.00R
Planned reward:risk
1 : 3.00
Exit efficiency
realised R ÷ planned R
66.7%
Risk per unit
2.0000
Target price levels
1R target
102.0000
2R target
104.0000
3R target
106.0000
4R target
108.0000
Why exit efficiency is the number to watch
Two traders can take the exact same setup with the same 1:3 plan and end the month hundreds of R apart. The difference is rarely entries — it is what happens between 0.5R and the target. Exit efficiency puts a number on that: 100% means you took the full planned move, 40% means you are systematically cutting winners early.
Simple Trading Journal calculates R and exit efficiency automatically from your entry, first stop and exit, and stores Max MFE and Max MAE in R so you can see how far each trade ran before you touched it.
Frequently asked questions
- How is R-multiple calculated?
- For a long: R = (exit − entry) ÷ (entry − stop loss). For a short: R = (entry − exit) ÷ (stop loss − entry). The denominator is your initial risk, so +2R means you made twice what you risked and −1R is a full stop-out.
- What is the difference between RR ratio and R-multiple?
- The RR ratio is planned: it compares the distance to your target with the distance to your stop before the trade. The R-multiple is realised: it uses the price you actually exited at. Comparing the two shows how much planned reward you leave on the table.
- Is 1:2 risk-reward good enough?
- A 1:2 setup only needs about a 34% win rate to break even before costs, so it is a workable baseline. What matters more is consistency: a 1:2 plan that you regularly close at 0.7R behaves like a 1:0.7 strategy, no matter what the plan said.
- Should the R-multiple use my first stop or my moved stop?
- Always the original stop. Risk is defined at entry — that is what makes R comparable across trades and instruments. If you re-baseline R on a trailed stop, every trade starts looking better than it was.
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