Phil McGrew sent me a note to announce his release of a Forex calculator.  This calculator is pretty handy, particularly the position size tab which will calculate position size based on input variables such as equity, currency pair, risk in %, and risk in pips.  The following are the rest of the features:

• Interest rollover calculations based on currency pair
• Currency pair correlation for three different durations, 5 day, 20 day, and 100 day
• Currency quote
• Margin calculation

I know there are probably other calculators out there that perform the same but he and his programmer(s) took their own time to develop this and offer it for free so I figured I would mention it.  It is a windows application (not web-based).  If you're interested, you can download here:

http://currensys.com/forums/viewtopic.php?t=447  

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No. 1 :

Dude you are a life and time saver,,,me and my bro, mostly my bro,lol, were looking into makin a calc similar to this..this is awesome dude,,well thought out very handy..thanks for the link.
P.s Sorry about the divorce.

Submitted by ForexRookie • 2007-02-24 13:18:15

No. 2 :

Forex Rookie, it is a pretty nice calculator. Hope it works out for you...

Submitted by Rich • 2007-02-24 14:27:41

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