How to use it
Pick your contract, choose long or short, and enter your entry price, exit price, and number of contracts. The calculator returns your total profit or loss, the profit per contract, and the move expressed in ticks and points.
The formula
P&L = (exit − entry) ÷ tick size × tick value × contracts, with the sign reversed for a
short. On the E-mini S&P 500 (ES), a 10-point move from 4,500 to 4,510 is 40 ticks; at $12.50 a
tick that’s $500 per contract, or $1,000 on two contracts.
Why tick specs matter
Every futures contract has its own tick size and dollar value, and getting them wrong throws off your risk and P&L entirely. TradeCaliper stores the specs for common index, energy, and metals contracts so you don’t have to look them up each time — but always sanity-check against your broker.
TradeCaliper is a planning and education tool, not financial advice.