Trader tools
Risk/Reward & Breakeven Win-Rate Calculator
A risk/reward ratio calculator shows how much you stand to gain versus lose on a trade, and the win rate you need to break even. Enter your entry, stop, and target — or type a ratio directly — and set your win rate to see expectancy per trade in R and a plain-English verdict. Built for forex, futures, and crypto traders sizing setups before they click buy.
Your setup
Enter your entry, stop, and target — or type a ratio directly — then set your win rate.
Define risk/reward
Risk 2 · reward 4 · Long
50%
Risk / reward ratio
1 : 2.00
Risk 1R to target 2.00R
1R risk2.00R reward
Breakeven win rate
33.3%
just to not lose money
Expectancy
+0.50 R
per trade, in R
Your win rate50%
Breakeven marked at 33.3%.
Verdict
At a 50% win rate, a 1 : 2.00 setup is profitable — about +0.50R per trade on average.
Stop calculating, start journaling
Your risk numbers only matter if you track them. Liquiditrax auto-journals every MT4/MT5 trade to Notion.
Join the waitlist →Educational calculator. Not financial advice. Results are estimates.
Frequently asked questions
- What is a good risk/reward ratio?
- Many traders look for at least 1:2 (risking 1 to make 2), but the right ratio depends on your win rate. A high win rate can be profitable at 1:1, while a low win rate needs a larger reward multiple. Use the breakeven win rate to judge any setup.
- Why does breakeven win rate matter?
- The breakeven win rate is the share of trades you must win just to avoid losing money at a given ratio: breakeven = 1 ÷ (1 + R:R). If your actual win rate is higher, the setup has positive expectancy; if it's lower, the setup loses money over time.
- What is expectancy?
- Expectancy is the average profit or loss per trade, measured in R (multiples of what you risk). Expectancy = (win rate × R:R) − (1 − win rate). A positive number means the strategy makes money on average across many trades.
- How is the risk/reward ratio calculated?
- Risk is the distance from entry to stop loss; reward is the distance from entry to target. The ratio is reward ÷ risk — so risking 20 pips to make 40 pips is 1:2. You can also type the ratio directly instead of prices.
- Does a higher risk/reward ratio guarantee profit?
- No. A higher ratio lowers the win rate you need, but targets set further away are hit less often. Expectancy — win rate and ratio together — is what determines whether a strategy is actually profitable.