Forex Trading Income Calculator – Download Excel spreadsheet.

At the link below you will find the Forex Trading Income Calculator in Excel spreadsheet format.

The calculator shows the possible income projections based on the desired risk, amount of capital, binary option broker type of lot size used, and binary option broker the PIP value for major USD pairs.

The following notes apply.

Lot Size = The lot size you have with your account.

PIP Value (approximate) = Lot Size divided by 10,000. For example standard lot size, 100,000 / 10,000 = $10.

Risk % or % of Capital at Risk = This is the amount that you choose to risk per trade. Usually, 1.5-2.0% is a recommended value.

Average PIP Stop Loss = With this value you have to estimate the average stop loss size for the trading method used.

PIPS Profit Per Day = for binary option strategy swing trading may be considered PIPS per trade and the days may be then considered trades.