R-Multiple Calculator
The R-multiple measures a trade's outcome in terms of multiples of initial risk. If you risk $100 (1R) on a trade and make $300, the result is +3R. If you lose $50, the result is −0.5R. Expressing trades in R-multiples allows you to compare performance across different account sizes, instruments, and time periods on a normalized scale.
R-Multiple
+2.00R
Initial Risk (1R)
$3.0000
Trade Result
+$6.0000
Interpretation
Winner (2R+)
How to use this calculator
- 1
Enter your entry price
The price at which you opened the trade.
- 2
Enter your exit price
The price at which you closed the trade (either at profit target or stop loss).
- 3
Enter your initial stop loss price
Your original stop loss — this defines 1R, your unit of risk.
- 4
Select direction
Long or short, so the calculator correctly determines profit or loss.
Formula
R-Multiple (Long) = (Exit − Entry) ÷ (Entry − Initial Stop)
R-Multiple (Short) = (Entry − Exit) ÷ (Initial Stop − Entry)
Initial Risk (1R) = |Entry − Initial Stop|Divide the actual trade result (profit or loss per unit) by your initial risk per unit (distance from entry to initial stop loss). A result of +2R means you made twice your risk. A result of −1R means you lost exactly what you risked. A result of −0.5R means you moved your stop to breakeven and exited at a small loss.
Worked Example
Direction: Long Entry: $50.00 Initial Stop Loss: $47.00 Exit: $56.00 Initial Risk (1R) = $50 − $47 = $3.00 Trade Result = $56 − $50 = +$6.00 R-Multiple = $6 ÷ $3 = +2R This is a 2R winner — you made exactly twice what you risked. If your account risk was $150 per trade (1R = $150), you made $300.
Frequently Asked Questions
Related Tools
Sponsored
TradingView— free charts for forex, crypto & stocks
Used by 60 million traders. Free plan available, no credit card needed.