Free trading tools
Seven free trading tools: three calculators, two prop firm simulators and two spreadsheets. No email, account or card.
Calculators
Size trades, check the maths and choose your risk.
- 01
Position size calculator
How many lots should I trade?
Get the lot size for any pair, gold or silver from your risk and stop.
Position size calculator
- 02
Risk reward calculator
What win rate do I need to break even?
See the break-even win rate for any ratio and whether your numbers have an edge.
Risk reward calculator
- 03
Risk of ruin calculator
How much should I risk per trade?
See your drawdown risk and expected losing streaks at any risk per trade.
Risk of ruin calculator
Prop firm simulators
Check your odds before paying for a challenge.
- 04
Prop firm simulator
Can my strategy pass a prop firm challenge?
Run your strategy through 5,000 simulated challenges and see how often it passes.
Prop firm challenge simulator
- 05
FTMO simulator
Can my strategy pass the FTMO challenge?
FTMO's 2-Step and 1-Step rules built in. See your odds before paying the fee.
FTMO challenge simulator
Spreadsheets
For Excel, Google Sheets and LibreOffice.
- 06
Trading journal template
How do I track my trades?
Log your trades once. The journal and dashboard handle the numbers.
trading-journal-template.xlsx
- 07
Backtesting spreadsheet
Does my strategy actually work?
Log your backtest in R. See the results and whether you have tested enough.
backtesting-spreadsheet.xlsx
How the tools fit together
Use them in order. Each answer feeds the next.
Test your strategy
Log a backtest to get your win rate and average win.
Backtesting spreadsheet
Check your edge
See if that win rate beats break-even at your reward to risk.
Risk reward calculator
Choose your risk
Pick a risk your worst losing streaks can survive.
Risk of ruin calculator
Size every trade
Turn that risk into a lot size for each stop.
Position size calculator
Test the challenge
Run the same numbers through your prop firm's rules before paying.
Prop firm simulator
Journal live trades
Log every trade and review what is working each week.
Trading journal template
Questions, answered
Are these trading tools really free?
Yes. Every tool is free. No email, account or card. The calculators and simulators run on the page, while the spreadsheets download straight away.
Is anything I enter saved?
No. The calculators and simulators run in your browser, so the numbers you enter stay on your device.
Do the tools work on my phone?
The calculators and simulators do. The spreadsheets work with Excel, Google Sheets and LibreOffice, which are easier to use on a computer.
How accurate are the results?
The calculators use exact formulas. The simulators run 5,000 attempts, so the odds are a guide, not a promise. Check your broker's contract sizes and your firm's latest rules before trading.
Where do I get my win rate and average win?
From a backtest. Log trades in the backtesting spreadsheet, or use Traders Casa bar replay, which records every backtest trade for you. Unlimited backtest sessions are free.
Get the numbers each tool needs
Backtest on TradingView powered charts for your win rate and average win. Unlimited sessions are included on the free plan.