Know your edge before you place the trade.
Edgewise is a set of fast, no-nonsense tools for forex, gold and prop firm traders. Size every position correctly, plan your risk, and find out whether your win rate and R:R actually make money.
Edge map
profit per trade, in REverything you need between analysis and execution
Edge Map
See if your win rate and R:R actually make money, and simulate your next 100 trades.
40% win · 1:2+0.20R / tradeOpen tool → Lot sizePosition Size
Pick a pair, enter entry and stop, get the exact lot size for your risk.
XAU/USD · 1% risk0.20 lotsOpen tool → Trade plannerRisk : Reward
Entry, stop and target in. R:R, pips and dollars at risk out.
EUR/USD long1 : 2.00Open tool → Pip calculatorPip Value
What one pip is worth on any pair, metal or index, in USD.
GBP/JPY · 1 lot$6.67 / pipOpen tool → Funded challengeProp Firm Drawdown
Room left before your daily and max loss limits, in dollars and trades.
$100k challenge3 losses leftOpen tool → Live clockSessions & Killzones
London, New York and Asia sessions plus ICT killzones in your local time.
London killzoneLiveOpen tool → Growth projectionCompounding
Project account growth from a monthly return and regular deposits.
4% / month · 24m$18,400Open tool →Built by a trader, for the numbers that matter
Instruments priced correctly
All 28 forex pairs plus gold, silver, indices and crypto, each with its own pip size and contract size.
Gold done properly
Pip and contract size for XAU/USD are clearly defined, so your lot size matches what your broker shows.
Strategy first
The Edge Map tells you whether your win rate and R:R make money before you risk a single trade.
Data sent anywhere
Every calculation runs in your browser. Nothing you type leaves your device.
Common questions
How do I calculate lot size in forex?
Divide the amount you are willing to lose by your stop loss distance in pips times the pip value per lot. The position size calculator does this for you once you pick the pair and enter your entry and stop prices.
What win rate do I need to be profitable?
It depends on your risk:reward. The break-even win rate is 1 ÷ (1 + RR): 50% at 1:1, 33.3% at 1:2 and 25% at 1:3. Use the Edge Map to see your exact numbers.
What is a pip on gold (XAU/USD)?
On these tools one gold pip is a $0.10 price move. With the common 100 oz contract, one pip on 1 lot is worth $10. Some platforms call $0.01 a point, so always check your broker's contract specification.
Are these calculators free?
Yes. Every tool is free to use with no account needed.