Updated: 2026-02-20
Free Target Price Calculator for Traders
Calculate a take-profit target price from entry, stop, and desired R multiple. The calculator is free and intentionally simple so you can plan trades quickly without skipping risk logic.
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Target Price Calculator
Calculate a take-profit target price from entry, stop, and desired R multiple.
Note
Outputs are only as accurate as your inputs.
Side
stdout
$ target-price
$110
- >Direction: Long
- >Risk per unit: 5
- >Target move: 10 (10%)
How to Use the Target Price Calculator
Enter your inputs before you place the trade, not after. Pre-trade planning is where calculators create value.
Use realistic values based on your actual execution conditions. If you understate slippage, fees, or stop distance, output quality collapses.
Document the result inside your journal so you can compare planned vs realized outcomes during review.
Formula (Target Price)
If you define your stop, you can define a target in R. This turns take-profit planning into arithmetic instead of hope.
Use this before entry so your target is consistent with your risk unit and your strategy's payoff profile.
- •Risk per unit = |entry − stop|
- •Target move = risk × target R
- •Target price = entry + (direction × target move)
Why This Metric Matters
Most preventable losses come from skipping one simple calculation when markets move fast. This tool enforces the minimum math needed for disciplined execution.
The value compounds when used consistently. One correct risk decision rarely changes a year; repeated correct decisions usually do.
Tie calculator output to your strategy tags so you can evaluate whether your planning assumptions match live performance.
Add It to Your Weekly Workflow
Use this tool at planning time, then compare outcome quality in weekly review sessions.
If planned and realized values diverge, investigate execution behavior before adjusting strategy logic.
Pair this with one behavior correction each week for compounding improvement.
Common Mistakes
Using unrealistic inputs because they feel better emotionally.
Changing parameters mid-trade to justify staying in a bad position.
Treating one output as a signal to trade rather than a risk filter.
Related Resources
FAQ
?Is this Target Price Calculator free to use?
Yes. The calculator is free and available without signup.
?How do I calculate target price from a desired R multiple?
First compute risk distance (|entry − stop|). Then set the target that is entry plus (R × risk distance) for longs, or entry minus (R × risk distance) for shorts. This aligns your targets with your risk model.
?Should I change my target after I enter?
Only if your plan explicitly allows it. Moving targets mid-trade often turns a structured system into improvisation. If you adjust targets, track why and review whether the adjustment improves expectancy.
?How accurate are calculator outputs?
Outputs are only as accurate as inputs. Use realistic assumptions and review planned vs realized values weekly.
?Can Tiltless save these values to my journal?
Yes. You can pair tool outputs with your review workflow and setup tags for better post-trade diagnostics.
Track target-price-calculator with Tiltless
See plans and run one weekly review loop with Tiltless: edges, leaks, and enforceable next actions.