Forex Calculator

The application imports currency rate data in real time and monitors active trades, notifying the user when trigger points are reached.

Forex Calculator

Forex Calculator Currency Rates

Forex Calculator Currency Rates

Currency rates from world markets in real time

Forex Calculator Exposure

Forex Calculator Exposure

Determine potential losses across multiple trades and multiple accounts

Forex Calculator Scale In

Forex Calculator Scale In

Automatically generate parameters values for multiple legs

Forex Calculator Quick

Forex Calculator Quick

Calculate key trade values in a few key presses

Forex Calculator Setup

Forex Calculator Setup

Import equity for multiple accounts in real time

Forex Calculator Trade Plan

Forex Calculator Trade Plan

Multi-leg trades with automatic alerts when triggers are reached

The Forex Calculator started life as a spreadsheet which the clients used to plan their own foreign exchange trades. It’s now a fully featured Windows application with web-based license management, and integrates with its companion the Trade Log.

The application imports currency rate data in real time and monitors active trades, notifying the user when trigger points are reached. It provides foreign exchange traders with a range of calculators to cover common trading strategies. Used consistently, the Forex Calculator helps minimise risk.


The clients

Mindy and Evelyn from Forex Smart Tools team are intelligent, funny and patient: exactly the qualities needed to be an ideal client. They’re subject matter experts with great ideas, and are always receptive to input from others.

The challenges

Version one retrieved live currency rate data and added trigger points and notifications across concurrent trades. Version two replicated this functionality across multiple client accounts and retrieved equity for those accounts in real time.

The software

Version two of the Forex Calculator is the most technically complex piece of software I’ve developed on my own. I’m particularly proud of its architecture; multiple independent subsystems coupled by a messaging framework.


Check it out

The Forex Calculator isn’t shareware but the Forex Smart Tools web site has screenshots and further details. You’ll also find great reviews of the Calculator at the following links:


What do you think?

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