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R-Multiple Calculator

Score any trade in "R" — your profit or loss measured in units of what you put at risk. It's the only score that actually tells you if your trading has an edge.

Result

Get Trendkept free — it scores every trade in R automatically →

What is an R-multiple?

One "R" is the amount you risked — the distance from your entry to your stop-loss. If you risk £3 a share and the trade makes £9, that's +3R. If it hits your stop, that's −1R. Measuring in R instead of pounds lets you compare a trade on a £5 stock with one on a £500 stock fairly, because both are scored against their own risk.

R = (exit − entry) ÷ (entry − stop)

Why win rate is a vanity metric

Here's the maths that surprises everyone: if your average winner is +3R and your average loss is −1R, you can be wrong 60% of the time and still grow your account steadily. Traders obsess over how often they're right; the professionals track expectancy in R. Win rate feels good; R-expectancy pays the bills.

Keep the score honestly

The catch is measuring every trade the same way, without flattering yourself. Trendkept builds your R-multiple journal automatically from your broker's own fill history — you can't fool a scorecard that fills itself in.

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Educational tool, not investment advice. Trading involves risk of loss. © Trendkept.