To see the R-Multiple (risk-to-reward ratio) for your trades in TradeZella, you’ll need to set your Profit Target (PT) and Stop Loss (SL) from the Trade Tracking page.
These values are essential for TradeZella to calculate how much you’re risking versus how much you stand to gain.
Why You Need to Set a Stop Loss and Profit Target
The R-Multiple measures your potential reward relative to your potential risk — it’s one of the most important metrics for understanding trade performance.
Profit Target (PT): defines your planned exit price for a winning trade.
Stop Loss (SL): defines your exit point if the trade moves against you.
How to Set a Profit Target and Stop Loss in TradeZella
Click on the trade — this will open the Trade Tracking page.
Scroll down to the Risk section.
Enter your Profit Target (PT) and Stop Loss (SL) prices.
Once both are set, TradeZella automatically calculates:
Planned Profit
Planned Risk
R-Multiple (Risk-to-Reward Ratio)
Important for Accuracy
When setting up your stop loss, remember:
For long trades, your stop loss should be below your lowest entry price.
For short trades, your stop loss should be above your highest entry price.
If the stop loss is placed incorrectly, your R-Multiple calculation may not reflect your true risk.
New: Add Multiple Profit Targets and Stop Losses (Beta)
You can also now add multiple Profit Targets (PTs) and Stop Losses (SLs) directly within the Trade Tracking page — giving you more flexibility to plan and analyze partial exits.
Here’s how to set them up:
In the Trade Tracking page > Risk section, check “Add partial PT” or “Add partial SL.”
You can add up to 3 profit targets and 3 stop losses.
For each one, enter:
Price: the level you want to exit.
Qty: the number of contracts/shares to exit at that price.
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.
If you have any questions or need assistance, feel free to reach out to our support team — we’re here to help!