Forex Martingale Calculator
The Forex Martingale Calculator is designed to help traders simulate and analyze the risk and progression of trades using the martingale strategy in the forex market. It allows users to input various trading parameters and calculates the resulting drawdown, equity, margin usage, and margin level at each stage of the martingale sequence.
This helps traders understand the potential risks and requirements before applying the strategy in live trading.
Calculate Martingale Strategy
Enter your trading parameters to calculate margin and drawdown levels
Key Terms Explained
Currency Pair
The two currencies being traded in the forex market (e.g., EUR/USD means trading euros against US dollars).
Account Currency
The base currency of your trading account (e.g., USD, EUR). All profits, losses, and margin calculations are shown in this currency.
Trade Size (Lots)
The size of your initial trade. In forex, a standard lot is typically 100,000 units of the base currency in a currency pair or 100 oz for gold (XAUUSD).
Contract Size
The number of units of the base currency in one lot. Standard is 100,000 for forex and 100 for gold. Specify other sizes with specific settings or currency pairs.
Account Balance
The amount of money you start with in your trading account.
Leverage
The ratio that allows you to control a larger position with a smaller amount of capital. For example, 1:100 leverage means you can control 100 times more than your actual deposit.
Number of Levels
The number of times you will increase your trade size in the martingale sequence (e.g., how many losing trades until you start with $1,000).
Pip Steps
The distance (in pips) between each trade in the martingale sequence. Fixed uses the same pip distance for each level (a preset pipstep is 20 pips), while manual lets you specify each level separately.
Lot Size Progression
How your trade size increases at each martingale level (usually by a multiplier, a preset lot size multiplier is 2). A multiplier of 2 means you double the lot size of the previous trade after each loss. You can adjust the multiplier in general or specify each level manually.
Margin Level Stop Out (%)
The margin level at which your broker will automatically close your positions to prevent further losses. This value usually ranges from 50 to 100. Please check this value with your broker.
Drawdown (Base Currency)
The cumulative loss measured in pips at each martingale level.
Drawdown (Account Currency)
The cumulative loss at each level, converted into your account currency.
Equity (Account Currency)
The current value of your account, including unrealized profits and losses, shown in your account currency.
Used Margin (Account Currency)
The amount of your account balance that is set aside to keep your positions open to prevent further losses.
Margin Level (%)
The ratio of your equity to used margin, expressed as a percentage. A lower margin level means increased risk of liquidation.