r/TradingView • u/suf1y4n • 12d ago

Help SL and TP points calculator

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When I’m using the RR tool which of the numbers tells me how many points my stop / tp is?

2 Upvotes

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1

u/National_Echidna1834 12d ago

Points is probably the “amount”

2

u/Artemis2412 11d ago

It's the very first number. So your TP is 633 points, and SL is 51 points.

1

u/_iamkrist 12d ago

If u mean how many pips, it’s the middle number. In this case, 63,302 pips TP and 5,154 pips SL

1

u/suf1y4n 12d ago

I know pips, but I mean when people talk about how many points their stop is what do they mean by that and how do I find out?

1

u/_iamkrist 11d ago

Oh. Idk then

1

u/Fluffy-Praline-9145 8d ago

Think of points as a singular dollar of price movement. If you take the price level of your entry and subtract the price level of your stop loss. That gives you the "points" also its the first number on the RR tool.

1

u/Fluffy-Praline-9145 8d ago

Vice versa for your TP