Free Trading Tools & Calculators
Built for traders who take their performance seriously. All tools run entirely in your browser, no sign-up, no data sent anywhere.
Losing Streak Probability Calculator
Find out how likely a losing streak is at your win rate, across any sample size. Includes account impact and a full probability chart.
Enter your win rate. See the probability.
Open Calculator →Multi-Position Portfolio Risk Calculator
Calculate total risk across all open positions at once. See currency exposure, correlation warnings, and your remaining daily limit.
Add your open trades. See total exposure instantly.
Open Calculator →Strategy Expectancy Calculator
Calculate your strategy's expectancy, profit factor, and statistical significance. Find out if your edge is real.
Enter your win rate and R:R. Get a plain-language verdict.
Open Calculator →Which calculator do you need?
You are in a drawdown and questioning your strategy
Losing Streak Calculator
Check whether your streak is within normal probability range before making any system changes.
You trade multiple positions and worry about total exposure
Portfolio Risk Calculator
See your real aggregate risk across all open trades, including correlated pair exposure.
You want to know if your strategy actually has an edge
Strategy Expectancy Calculator
Calculate expectancy, profit factor, and whether your trade sample is large enough to draw conclusions.
You are preparing for a prop firm challenge
All three
Use the streak calculator to size for your worst-case drawdown, the portfolio tool to manage daily limits, and expectancy to confirm your edge is real before risking challenge capital.
Running a prop firm? This is what Fxward automates at scale.
Every metric these tools calculate: drawdown, streak exposure, trader edge. Fxward monitors automatically across your entire trader base in real time. No spreadsheets. No manual checks.
Common questions
Are these trading tools free?
Yes, completely free, no sign-up required. All calculations happen in your browser. Nothing is sent to any server.
Do you store any of my data?
No. Your win rate, balance, and position sizes never leave your device. The only exception is the optional cheatsheet email; that is used to send you the PDF and nothing else.
What trading platforms do these work for?
Any platform: MT4, MT5, cTrader, TradingView, and others. The tools use standard forex pip values and work with any USD-denominated account.
Which calculator should I start with?
If you are in a drawdown, start with the Losing Streak Calculator. If you have 30 or more trades in a journal and want to know if your system has edge, use the Strategy Expectancy Calculator. If you trade multiple positions, start with the Portfolio Risk Calculator.
Do these tools work for prop firm challenges?
Yes. The Portfolio Risk Calculator accepts daily and total drawdown limits matching your challenge rules. The Streak Calculator shows how much drawdown to plan for at your win rate. The Expectancy Calculator helps confirm your edge is real before you start.