Brent Crude (UKOIL) Position Size Calculator
Size your Brent Crude trade from your risk and stop using your broker's contract size, with margin and risk/reward. Place entry, stop and target on the hourly chart beside Ampeld's modeled stop levels.
Visual planner · UKOIL 1H
Place entry, stop and target beside Ampeld's modeled levels
23 Sept 2026, 16:00 UTC · 24h delayed public data · Click to place, then drag any line
Reference snapshot
Brent Crude reference data behind this calculator
- Reference price
- 97.74 USD
- Last 1H close, 23 Sept 2026, 16:00 UTC · 24h delayed
- 14-period 1H ATR
- 1.25 USD
- 1.275% of price
- Nearest modeled stops above
- 99.97 USD (+2.28%, 1.8× ATR)
- Nearest modeled stops below
- 92.70 USD (−5.15%, 4× ATR)
Largest jump between one hourly close and the next open across a break in the series (last 40 bars, 1 break): 0.4 USD, 0.3× ATR. A stop inside a jump like that fills at the open, not at its own price.
The modeled levels are an estimate from OHLCV of where other traders' stops may be concentrated — not broker orders. In Ampeld's own no-look-ahead test, price reached them no more often than a random level at the same distance, so they are not targets or predictions. Use them to check whether your own stop sits with the crowd. How we tested this
The calculation
How Brent Crude position sizing works
Position size = (balance × risk %) ÷ stop distance per barrel.
Estimated margin = notional ÷ leverage. Leverage changes the margin reserved, not the loss between entry and stop.
Risk/reward = target distance ÷ stop distance. It says nothing about how likely either price is.
Worked example — the calculator's opening plan. A USD 10,000 account risking 1% (USD 100) with the stop 1.25 from a 97.74 entry (1× ATR) gives 80.23 barrels: about USD 7,842 notional, 0.8× the account, and USD 392 margin at 1:20. That is arithmetic, not a suggested stop.
The planned loss is a price-distance estimate, not a maximum: spread, slippage, commissions, financing, gaps and close-out rules can make it larger. Everything you enter stays in your browser and is not sent to Ampeld or to analytics.
Sizing Brent Crude
What to check before you trust the number
- UKOIL here is Brent crude, quoted in USD per barrel; the reference price comes from front-month Brent futures. It is not WTI (USOIL), which trades at a different price, so do not copy levels between the two.
- Futures, spot products and CFDs on Brent Crude use different contract sizes. The default is one barrel per contract; enter your product's multiplier under Broker settings.
Related calculators
Plan another market
Questions
Brent Crude sizing questions
What contract size should I use for Brent Crude?
It depends on the product. Futures, spot CFDs and rolling contracts on Brent Crude each define their own multiplier, so the calculator defaults to one MMBtu and asks you to enter your broker's figure.
Is UKOIL the same as WTI?
No. UKOIL is Brent crude, the benchmark for most of the world's oil. WTI (USOIL) is the US benchmark and trades at a different price, so levels and stop distances from one do not carry over to the other.