What is an R multiple?

R is the risk taken on a trade, measured from entry to the original stop. A gain of three times that distance is a 3R win.

How do I calculate R on a gold trade?

Divide the realised move in dollars per ounce by the entry-to-stop distance. A $15 gain on a $5 stop is 3R at any lot size.

Should I use the original stop or the moved stop?

Always the original. Scoring against a moved stop inflates every trade and hides the exits that damage the account.

How does R handle partial exits?

Score each portion against the same original 1R and weight by the size closed.

Gold R Multiple Calculator for XAUUSD Trades

R multiple expresses the result of a trade as a multiple of the risk accepted when it was opened: one R is the distance from entry to the original stop.

Scoring gold trades in R rather than cash removes account size, lot size and volatility from the comparison.