Free Tools
No signup required. Built for traders who value precision.
Monte Carlo Simulator
Stress-test your track record - how much is skill vs luck?
Risk of Ruin Calculator
The odds you blow up your account before your edge pays off
Position Size Calculator
How big your trade should be, given the risk you'll accept
Pip Value Calculator
Instant pip values for any pair and lot size
Risk:Reward Visualiser
See your R:R ratio with entry, SL and TP levels
Lot Size Calculator
What a lot really controls: units, pip value, exposure, margin
Profit/Loss Calculator
Calculate P&L with spread factored in
Drawdown Calculator
See how consecutive losses impact your account
Compounding Calculator
Visualise compound growth over time
Kelly Criterion Calculator
The maths-optimal risk per trade from your win rate and payoff
Expectancy Calculator
What one trade is worth on average, and what that compounds to
Losing Streak Probability
The odds of N consecutive losses, given your win rate
Forex Session Times
Sydney, Tokyo, London and New York hours in your timezone, overlaps shaded
Trading Journal Template
Free downloadable template to track your trades
For MetaTrader 5
YuRaLytics Trade Analyzer
Results per EA and per symbol, the real cost of commission and swap, and whether your average trade is an edge or could still be luck, tested against 10,000 reshuffles of your own trades. Optional alerts when a drawdown or losing run turns unusual. Read-only: it never trades.
Edge or Luck
The edge-or-luck test from YuRaLytics as a single script with full source: it resamples your closed trades 10,000 times and prints the 95% range of your average trade and the chance the true average is below zero. You can limit it to one magic number, one symbol or the last N days.
Risk of Ruin
The companion script to Edge or Luck: it normalises your closed trades to R-multiples, simulates many future runs at a risk-per-trade you choose, and reports the probability of hitting a drawdown floor, the probability of ending profitable, the median ending balance and the 95% range. Full open MQL5 source.
Forex Fix Clock
Countdowns and chart lines for the Tokyo fix, ECB fix, New York cut, London 4pm fix and New York close in your broker's server time, with Tokyo gotobi days and month-end shaded. The fix timing behind several of our backtests, on your own chart.
We use these same tools on every strategy we put on trial.
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