To see your risk-to-reward metrics in TradeZella, you need to set your Profit Target (PT) and Stop Loss (SL) from the Trade page.
These values help TradeZella calculate:
Initial Target (when you set your PT)
Trade Risk (when you set your SL)
Planned R-Multiple (your planned risk-to-reward ratio)
Realized R-Multiple (your actual risk-to-reward after the trade closes)
Why Set a Profit Target and Stop Loss?
The R-Multiple is one of the most important metrics for understanding your trade performance. It measures your reward relative to your risk.
Profit Target (PT): Your planned exit price for a trade → calculates your Initial Target
Stop Loss (SL): Your exit point if the trade moves against you → calculates your Trade Risk
Understanding R-Multiple:
Planned R-Multiple: Shows your intended risk-to-reward ratio based on your PT and SL
Realized R-Multiple: Shows your actual risk-to-reward ratio based on where you actually exited the trade
Without PT and SL set, TradeZella cannot calculate these critical metrics.
How to Set Your Profit Target and Stop Loss
Step 1: Click on any trade to open the Trade page.
Step 2: Scroll down to the Risk section.
Step 3: Choose how you want to set your PT and SL (see calculation types below).
Step 4: Enter your Profit Target and Stop Loss values.
Once both are set, TradeZella automatically calculates:
Initial Target (potential profit if PT is hit)
Trade Risk (potential loss if SL is hit)
Planned R-Multiple (Initial Target ÷ Trade Risk)
Realized R-Multiple (actual profit or loss ÷ Trade Risk)ed.
6 Ways to Set Your PT and SL
TradeZella gives you flexibility in how you define your profit targets and stop losses. Choose the method that matches your trading style and instrument:
Rule Type | Description |
Price | Set PT and SL as specific price levels |
Price Movement | Set PT/SL based on how much the price moves from your entry |
Ticks | Define PT/SL based on tick increments |
Points | Set PT/SL based on point movements |
PnL | Set PT/SL based on your desired profit or loss amount in dollars |
Pips | Set PT/SL by the number of pips |
Important: Setting Your Stop Loss Correctly
For your Trade Risk and R-Multiple to calculate accurately, your stop loss must be placed logically:
Long trades: Stop loss should be below your lowest entry price
Short trades: Stop loss should be above your highest entry price
If placed incorrectly, TradeZella will show a warning or incorrect risk calculation.
Advanced: Multiple Profit Targets and Stop Losses
For more complex trade management, you can add multiple profit targets and stop losses to plan partial exits.
How to Add Multiple PTs and SLs:
In the Trade page Risk section, check "Add partial PT" or "Add partial SL"
Add multiple profit targets or stop losses as you need
For each level, enter:
Price: The exit level
Qty: Number of contracts/shares to exit
TradeZella will calculate your overall Initial Target and Trade Risk across all exit levels.
Example
If you enter at $100 (10 contracts) and $105 (10 contracts), your average entry is $102.50.
PT1: Sell 7 contracts at $110
PT2: Sell 3 contracts at $120
PT3: Sell 10 contracts at $125
SL1: Sell 15 contracts at $95
SL2: Sell 5 contracts at $90
TradeZella will calculate the adjusted cost, planned profit, planned risk, and R-multiple automatically.
Calculations
Adjusted Cost (what you “spent”):
100*10 + 105*10 = 1000 + 1050 = 2050
Planned Profit (if targets hit):
(110*7) + (120*3) + (125*10) = 770 + 360 + 1250 = 2380 Planned Profit = 2380 - 2050 = +330
Planned Risk (if stops hit):
(95*15) + (90*5) = 1425 + 450 = 1875 Planned Risk = 2050 - 1875 = 175
R-Multiple (Risk/Reward Ratio):
330 / 175 ≈ 1.89R
👉 This means for every 1 unit of risk, you’re aiming to make ~1.9 units of reward.
That’s It! By setting your Profit Target and Stop Loss, you’ll get accurate R-Multiple calculations — and with the new multiple PT/SL feature, you can plan trades more precisely and manage risk like a pro.
Related help article: Setting Default Profit Target and Stop Loss for your Trades
If you have any questions or need assistance, feel free to reach out to our support team — we’re here to help!