Forex Trend Rider EA its trading robot works on high Volatility Trading Strategies instruments. The algorithm of the trend robot uses a system of risk diversification and safe tracking of transactions according to the trend movement.

TRENDING ROBOT

Automatic maintenance
and support
of transactions according to the trend

RISK CONTROL

Diversification of risks
using the
breakeven system

TREND FOLLOWING

Lightning reaction
to any change
in trend movement

Terminal	MT4
Currency pair	EurGbp, GbpUsd, EurUsd, AudUsd
Timeframe	H1
Money management	At least 300 currency units

Best Brokers List

The Forex Trend Rider EA works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:

REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
Register	2009	🇧🇿 Belize	1:2000	$10	FSC
Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
Register	2011	🇬🇧 England	1:500	$25	CySEC
Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Forex Trend Rider EA Setting

HOW DOES A TRADING ROBOT WORK

The Forex Trend Rider EA trading robot analyzes the trend movement and, at the beginning of the intensive movement of the currency pair, opens deals based on the analysis. The robot algorithm for analysis uses the RSI indicator, which determines the strength of the trend and the likelihood of its change. When a trend reverses, it instantly reacts to changes. The Forex Trend Rider MT4 robot uses risk reduction systems in case of a high drawdown of the account deposit.

Backtest:

A set of files for a few currency pairings is included with the advice. After testing them, I came to the conclusion that these settings are only suitable for large deposits of more than 10,000 units of currency; if the deposit is less, the robot drains it as quickly as possible. Because not everyone has a deposit of more than 10,000, it was decided to try to optimize the adviser for a smaller deposit, and we succeeded, though only in the tester; you can see the results of our testing below, and we also attached ou

HOW MUCH PROFIT CAN THE X ROBOT MAKE?

The Forex Trend Rider EA trading robot is one of the most profitable and safe trading robots. The algorithm of work and the trading strategy allow you to extract a fairly high profit from work. If you follow the recommendations, the robot will bring profit not just for a long time, but constantly. Profit directly depends on several factors: your deposit, the established trading volume, and the intensity of the price movement of the trading asset. In numbers: the robot can increase a $500 deposit by 100% in almost 2-3 months of trading, with trading leverage of 1:500 - 1:1000, without taking the account balance into a drawdown of more than 20%, maximum 30%.

WHAT CURRENCY PAIRS CAN THE ROBOT WORK ON?

The robot can work for everyone. The best currency pair for the robot is EUR/GBP. The robot also works very well with the GBP/USD, EUR/USD, and AUD/USD currency pair.

WHAT IS THE MINIMUM DEPOSIT TO START WORKING AS A ROBOT?

You can start trading with a deposit of $10 in a cent account (1000 cents). The recommended minimum deposit for safe trading is $50 (5000 cents). On a dollar account, you can start from $150-300 with trading leverage of 1:1000.

HOW LONG WILL THE ROBOT PAY FOR ITSELF?

With a deposit of $300, the robot will easily pay for itself in 1-2 weeks of trading.

Summary

According to the inventor of this Forex Trend Rider EA, with a $500 investment, it is a highly safe robot that generates approximately 35% profit per month with a maximum drawdown of 30%. It works best on the EURGBP currency pair.
I'm not sure how true all of this is, but I'm convinced that the robot is not at all safe with the settings that the developer recommends, and that the $500 deposit is drained in an instant. Furthermore, with the same settings, the adviser trades on a grid system using martingale, which is not at all safe.

However, what I liked about it was the flexibility of its settings; there aren't many, but everything you need is there, and the robot can be configured to trade only one order, rather than the grid of orders, and you can also disable the martingale, so perhaps we'll end up with a truly safe trading robot.

In the settings of the adviser that the developer uses a very small TP, only one pip (I measure in old four-digit quotes), this is very impractical and will most likely lead to deposit losses on a real account, because even if we take a broker with a zero spread, all our profits will gobble up commissions, therefore, in the set that we made and tested there, the TP is set to 10 pips, this should work for any normal broker, although all this has yet to be tested on a cent account!!!

Forex Trend Rider EA Free Download

We highly recommend trying the Forex Trend Rider EA for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

Get Forex Trend Rider EA

Forex Trend Indicator forex trend master indicator with buy/sell alerts-mt4 Forex Trend Rider high volatility trading strategies

Author: Forex Wiki Team

We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.

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