Work backwards from your profit or loss target to find the exact closing price you need. Perfect for setting take profit and stop loss levels with accuracy.
Target Closing Price Calculator
Target closing price calculator



What is the Target Closing Price Calculator?
Rather than guessing where to set your take profit or stop loss, this calculator works backwards from a monetary target. You enter the profit or loss amount you want to achieve, and the calculator tells you the exact closing price you need to reach it.
This is particularly useful for funded traders who need to hit specific profit targets or stay within drawdown limits. Set a dollar target and know exactly where the market needs to go.
How to use it
- Select your asset class using the pills at the top.
- Choose your symbol from the dropdown.
- Select your account currency: USD or JPY.
- Choose your direction: Buy or Sell.
- Set your volume in lots.
- Enter your opening price.
- Toggle between Fixed profit or Fixed loss to set your target type.
- Enter your target amount in your account currency.
- The calculator instantly shows the exact price level you need to hit, the price movement needed from your entry, and the distance expressed in pips.
Example: You open a buy trade on USD/JPY at 150.00 with 1 lot and want to make $500. The calculator will show you the exact price level where your trade needs to close to achieve that target.
Frequently Asked Questions
What is the difference between a take profit level and a target closing price?
A take profit level is an order placed with your broker to close a trade automatically at a specific price. The target closing price is the calculation that determines where that level should be set. This calculator gives you the exact price to use when placing your take profit or stop loss order.
How do funded traders use this calculator?
Funded traders often work with specific profit targets and maximum drawdown rules. This calculator lets you reverse-engineer any trade — you enter the dollar amount you need to make or the maximum you can afford to lose, and the calculator tells you the precise price level the market must reach. This removes guesswork from target-setting entirely.
Can I calculate a stop loss level with this tool?
Yes. Select “Fixed loss” as your target type, enter the maximum loss you are willing to accept in your account currency, and the calculator will show you the exact price level that corresponds to that loss. This is the price at which you should place your stop loss order.
What if my target closing price seems very far from my entry?
This usually means your target amount is large relative to your position size, or your position size is too small for the target you have set. Consider increasing your lot size or adjusting your profit target. The pips to target figure helps you assess whether the target is realistic given current market conditions.
Does direction matter for this calculation?
Yes. For a buy trade, the target closing price will always be above your entry price for a profit target and below it for a loss target. For a sell trade, the reverse applies. The calculator accounts for direction automatically when you select Buy or Sell.
Can I use this for instruments other than forex?
Yes. The calculator works for all instruments on the Funded7 platform including metals, oil, indices, and crypto. The correct pip size and contract specifications are applied automatically for each instrument.


































