NOTE: Update Account and Exchange Rate values Daily PLEASE NOTE: This Spreadsheet is designed only to give

only to give you an approximate Lot Size and

in the ballpark. Precise values are changing constantly.
Account Size (update daily) $1,000.00
Risk in % of Acct per Trade/Position. 2.00% The actual Pip value for pairs not ending with "/USD" will change as the excha
1 pairs will always be $10.00 for a standard Lot.
Total Risk allowed on trade/Position: $20.00
If you use Risk as a % of account per trade, The Real value will rise and fall as
Start of Day Currency Exchange Rate USD/Std. Lot 2 shrinks. If you have a Large drawdown adjust account size. Best to be conserv
Quote Currency (update daily) Pip Value
AUD AUD/USD 0.76291 $7.63 For an updated Pip Value, you can put the current exchange rate in the field r
3 you leave this blank, it will use the daily number above.
CAD USD/CAD 1.30695 $7.65
CHF USD/CHF 0.97010 $10.31 Each box has 3 lines. If Legging into a trade, Put a comment and have the add
4 a percent of Entry1 stop loss. (Entry1: 100%, Entry2: 66%, Entry3: 33%)
EUR EUR/USD 1.12000 $11.20
GBP GBP/USD 1.30415 $13.04 As an example: Leg1 (base/initial entry) will be at 100%(3/3rds) of the stop lo
5 be initiated 1/3 and 2/3rds the distance to the stoploss.
JPY USD/JPY 100.972 $9.90
NZD NZD/USD 0.72740 $7.27 an example: wide Consolidation: Entry/Leg 1: outside range @ 100% of SL, En
6 Consolidation after it bounces off S/R at ~33% of the range from the SL. Early
USD Leave Blank $10.00

Stop Loss in Pips 20 Stop Loss in Pips

Pair to Trade AUD/USD Pair to Trade
Enter Current Rate for: Leave Blank Enter Current Rate for: Leave Blank
Pip Value per Std Lot in USD: $10.00 Pip Value per Std Lot in USD:

Entry @ % distance % of total Risk # Lots Entry @ % of

from Stop Loss allowed # Pips Risk $ Risk Allowed analyzed Stop Loss
Base Entry/Leg 1 100.0% 75.0% 20.00 $15.00 0.07 Base Entry/Leg 1 100.0%
Leg 2 33.0% 25.0% 6.60 $5.00 0.07 0.0%
Leg 3 0.0% 0.0% 0.00 $0.00 0.00 0.0%
Total: 100.0% $20.00 0.14 Total:

Stop Loss in Pips 20 Stop Loss in Pips

Pair to Trade USD/CAD Pair to Trade
Enter Current Rate for: USD/CAD Enter Current Rate for: USD/CHF
Pip Value per Std Lot in USD: $7.65 Pip Value per Std Lot in USD:

Entry @ % of % of total Risk # Lots Entry @ % of

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed analyzed Stop Loss
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0%
 0.0% 0.0% 0.00 $0.00 0.00 0.0%
0.0% 0.0% 0.00 $0.00 0.00 0.0%
Total: 100.0% $20.00 0.10 Total:

Stop Loss in Pips 20 Stop Loss in Pips

Pair to Trade CAD/JPY Pair to Trade
Enter Current Rate for: USD/JPY Enter Current Rate for: USD/JPY
Pip Value per Std Lot in USD: $9.90 Pip Value per Std Lot in USD:

Entry @ % of % of total Risk # Lots Entry @ % of

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed analyzed Stop Loss
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0%
0.0% 0.0% 0.00 $0.00 0.00 0.0%
0.0% 0.0% 0.00 $0.00 0.00 0.0%
Total: 100.0% $20.00 0.10 Total:

Stop Loss in Pips 20 Stop Loss in Pips

Pair to Trade AUD/CAD Pair to Trade
Enter Current Rate for: USD/CAD Enter Current Rate for: USD/CAD
Pip Value per Std Lot in USD: $7.65 Pip Value per Std Lot in USD:

Entry @ % of % of total Risk # Lots Entry @ % of

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed analyzed Stop Loss
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0%
0.0% 0.0% 0.00 $0.00 0.00 0.0%
0.0% 0.0% 0.00 $0.00 0.00 0.0%
Total: 100.0% $20.00 0.10 Total:
u an approximate Lot Size and Risk. In essence to get you
/USD" will change as the exchange rate changes. "/USD"
Real value will rise and fall as your account grows or
ccount size. Best to be conservative.
ent exchange rate in the field requesting a current value. If
r above.
t a comment and have the additional entries be based on
ntry2: 66%, Entry3: 33%)
at 100%(3/3rds) of the stop loss, where Leg 2 and 3 could
stoploss.
utside range @ 100% of SL, Entry/Leg 2: Inside
of the range from the SL. Early entry.
For positions with multiple entries, enter the percentage of the Max risk per trade each
7 position will have. I.e.. (50%, 25%, 25%) etc. 14
If your Risk is $100, you might have the Entry/leg 1 be $50 (50%) and entry/leg 2,3 be
8 $25(25%) each 15
with example in #6, 2 Legs: might allocate entry/Leg1 (outside consolidation) 75% of Risk.
9 and Leg2 (inside Consolidation) allocate 25% of Risk.
The Lot Size has been truncated to 2 digits (not rounded) example: if the calculation show .
10 25987 Lots, the value has been truncated to .25. this will keep risk below max.
Enter all your favorite pairs below so that you can quickly calculate the lots size.
11
Feel Free to make this your own. Don't like the colors? Change them :-). If you find errors,feel
12 free to fix them.
full Discloser: I Have seen people leg into trades, I normally don't. not experienced
13 enough :-). This is my attempt to understand how to control the risk of mult-legs

20 Stop Loss in Pips 20

EUR/USD Pair to Trade GBP/USD
Enter Current Rate for: Leave Blank
$10.00 Pip Value per Std Lot in USD: $10.00

% of total Risk # Pips # Lots Entry @ % of % of total Risk # Pips # Lots

allowed Risk $ Risk Allowed analyzed Stop Loss allowed Risk $ Risk Allowed
100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
100.0% $20.00 0.10 Total: 100.0% $20.00 0.10

20 Stop Loss in Pips 20

USD/CHF Pair to Trade USD/JPY
Enter Current Rate for: USD/JPY 100.972
$10.31 Pip Value per Std Lot in USD: $9.90

% of total Risk # Pips # Lots Entry @ % of % of total Risk # Pips # Lots

allowed Risk $ Risk Allowed analyzed Stop Loss allowed Risk $ Risk Allowed
100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
 0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
100.0% $20.00 0.10 Total: 100.0% $20.00 0.10

20 Stop Loss in Pips 20

AUD/JPY Pair to Trade EUR/JPY
75.15 Enter Current Rate for: USD/JPY
$0.93 Pip Value per Std Lot in USD: $9.90

% of total Risk # Pips # Lots Entry @ % of % of total Risk # Pips # Lots

allowed Risk $ Risk Allowed analyzed Stop Loss allowed Risk $ Risk Allowed
100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
100.0% $20.00 0.10 Total: 100.0% $20.00 0.10

20 Stop Loss in Pips 20

EUR/CAD Pair to Trade GBP/CAD
Enter Current Rate for: USD/CAD
$7.65 Pip Value per Std Lot in USD: $7.65

% of total Risk # Pips # Lots Entry @ % of % of total Risk # Pips # Lots

allowed Risk $ Risk Allowed analyzed Stop Loss allowed Risk $ Risk Allowed
100.0% 20.00 $20.00 0.10 Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.00 $0.00 0.00 0.0% 0.0% 0.00 $0.00 0.00
100.0% $20.00 0.10 Total: 100.0% $20.00 0.10
If anyone know how to pull the Exchange rate automatically from Alveo or MT4 using a Data
Link. Let me know.
If someone wants to make this more generic with an option to pick the BASE currency. That
would be helpful for those with base Currencies other than USD

Stop Loss in Pips 20

Pair to Trade NZD/USD
Enter Current Rate for: Leave Blank
Pip Value per Std Lot in USD: $10.00

Entry @ % of % of total Risk # Lots

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.0% 0.00 $0.00 0.00
Total: 100.0% $20.00 0.10

Stop Loss in Pips 20

Pair to Trade EUR/GBP
Enter Current Rate for: GBP/USD
Pip Value per Std Lot in USD: $13.04

Entry @ % of % of total Risk # Lots

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
 0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.0% 0.00 $0.00 0.00
Total: 100.0% $20.00 0.10

Stop Loss in Pips 20

Pair to Trade GBP/JPY
Enter Current Rate for: USD/JPY 135.795
Pip Value per Std Lot in USD: $9.90

Entry @ % of % of total Risk # Lots

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.0% 0.00 $0.00 0.00
Total: 100.0% $20.00 0.10

Stop Loss in Pips 20

Pair to Trade CAD/CHF
Enter Current Rate for: USD/CHF
Pip Value per Std Lot in USD: $10.31

Entry @ % of % of total Risk # Lots

analyzed Stop Loss allowed # Pips Risk $ Risk Allowed
Base Entry/Leg 1 100.0% 100.0% 20.00 $20.00 0.10
0.0% 0.0% 0.00 $0.00 0.00
0.0% 0.0% 0.00 $0.00 0.00
Total: 100.0% $20.00 0.10
 List of
Currencies rate needed
AUD/CAD CAD
AUD/CHF CHF
AUD/JPY JPY
AUD/NZD NZD
AUD/USD USD
CAD/CHF CHF
CAD/JPY JPY
CHF/JPY JPY
EUR/AUD AUD
EUR/CAD CAD
EUR/GBP GBP
EUR/JPY JPY
EUR/NZD NZD
EUR/USD USD
GBP/AUD AUD
GBP/CAD CAD
GBP/CHF CHF
GBP/JPY JPY
GBP/NZD NZD
GBP/USD USD
NZD/CAD CAD
NZD/CHF CHF
NZD/JPY JPY
NZD/USD USD
USD/CAD CAD
USD/CHF CHF
USD/JPY JPY