[sc name=pip-calc]

How to Use

When calculating the size of your trade position. Say you have a GBP balance of 10,000 in your trading account, you only risk 1% of your trade, with a stop loss of 50 pips and you want to take position in the AUD/NZD pair , then you should enter as follow:

Note: 2.16144 was the market price for GBP/NZD at the point of placing your trade.