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How to Use the Pips to Price Calculator

Last updated: January 7, 2026 | 5 min read

The Pips to Price Calculator converts pip distances into exact price levels. Use this to set precise take-profit and stop-loss orders in your trading platform.

What You'll Need

Step-by-Step Instructions

1Select Currency Pair

Choose the pair you're trading from the dropdown menu at the top.

Available Pairs:
• Major pairs (EUR/USD, GBP/USD, USD/JPY)
• Cross pairs (EUR/GBP, GBP/JPY)
• Gold/Silver (XAU/USD, XAG/USD)
• Indices (US30, US100, US500)

2Enter Entry Price

Input the price where you plan to enter (or already entered) the trade.

Example:
EUR/USD entry price: 1.0850
XAU/USD (Gold) entry price: 2650.50
USD/JPY entry price: 148.50

3Choose Direction

Select whether you're going Long (buying) or Short (selling).

💡 Direction matters!
• Long: Target price will be ABOVE entry price
• Short: Target price will be BELOW entry price

4Enter Pip Distance

How many pips away do you want your target or stop-loss?

Common Distances:
• Stop-Loss: 20-50 pips (conservative)
• Take-Profit: 50-200 pips (depends on strategy)
• Swing trades: 200+ pips

5Enter Lot Size

Input your position size to see the dollar value of the pip movement.

Typical Lot Sizes:
• Micro: 0.01 lots
• Mini: 0.1 lots
• Standard: 1.0 lots

6Calculate Target

Click "Calculate Target" to get your exact price level and profit/loss value.

Results Show:
Target Price: Exact price level to set in your platform
Profit/Loss: Dollar value at that target

Real Trading Examples

Example 1: Setting Take-Profit on EUR/USD

Entry Price: 1.0850
Direction: Long (buying)
Pips Distance: 50 pips
Lot Size: 0.1 lots

Result:
Target Price: 1.0900
Profit at Target: +$50.00

Action: Set take-profit order at 1.0900 in your trading platform
Example 2: Setting Stop-Loss on XAU/USD (Gold)

Entry Price: 2650.50
Direction: Long (buying)
Pips Distance: 30 pips
Lot Size: 0.05 lots

Result:
Stop Price: 2647.50 ($3.00 below entry)
Loss at Stop: -$15.00

Action: Set stop-loss order at 2647.50
Example 3: Short Trade on GBP/USD

Entry Price: 1.2750
Direction: Short (selling)
Pips Distance: 80 pips
Lot Size: 0.2 lots

Result:
Target Price: 1.2670 (80 pips below entry)
Profit at Target: +$160.00

Action: Set take-profit order at 1.2670

Common Use Cases

1. Setting Take-Profit Orders

Calculate exact price levels for your profit targets based on your strategy's typical pip targets.

2. Placing Stop-Loss Orders

Convert your risk in pips to an exact stop-loss price level.

3. Planning Trade Scenarios

See the dollar value of different pip targets before entering the trade.

4. Adjusting Existing Positions

Calculate new targets when moving your stop-loss to break-even or trailing stops.

Understanding the Results

Target Price

This is the exact price level you should enter in your trading platform for your order.

💡 Pro Tip: Always verify the calculated price makes sense:
• Long trades: Target should be ABOVE entry
• Short trades: Target should be BELOW entry
• For stop-loss on long: Price should be BELOW entry
• For stop-loss on short: Price should be ABOVE entry

Profit/Loss Value

This shows how much you'll make (or lose) if price reaches your target, based on your lot size.

Common Mistakes to Avoid

⚠️ Wrong Direction Selected
Double-check your direction matches your trade. A long trade with the wrong direction will give you a target below entry instead of above.
⚠️ Pip Size Confusion
Remember:
• Most pairs: 1 pip = 0.0001 (EUR/USD: 1.0850 → 1.0851)
• JPY pairs: 1 pip = 0.01 (USD/JPY: 148.50 → 148.51)
• Gold: 1 pip = 0.1 ($2650.0 → $2650.1)
⚠️ Ignoring Spread
The calculator shows pure price movement. Account for broker spread when setting orders, especially on stop-losses.

Tips for Best Results

  1. Verify Pip Size: Check that the pip distance matches your strategy's definition (some strategies count in points vs pips)
  2. Round to Broker Precision: Some brokers only accept prices to certain decimal places (e.g., 2 decimals for JPY pairs)
  3. Account for Spread: Add a few pips buffer to stop-losses to avoid premature stops from spread
  4. Check Your Math: For long trades going up 50 pips, the target should be entry + (50 × pip size)
  5. Use with Risk Calculator: Combine with the Position Size calculator to determine proper lot size first

Frequently Asked Questions

What if my target price seems wrong?

Check: (1) Direction is correct, (2) Entry price is accurate, (3) You're using the right currency pair, (4) Pip distance is reasonable for that pair.

Can I use negative pips?

No, use the direction selector instead. For a long trade with stop-loss below, enter positive pips and select "Long" - the calculator adjusts direction appropriately.

Does this work for all pairs?

Yes, the calculator automatically handles different pip sizes (0.0001 for most pairs, 0.01 for JPY pairs, 0.1 for Gold, etc.)

Why does my profit/loss value differ from my platform?

Slight differences can occur due to: (1) Real-time exchange rate fluctuations, (2) Different pip value calculations, (3) Broker-specific conversions. The calculator provides accurate estimates.

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