MT5Expert Advisor

TrendRider EA — Free Download & Guide

By the AlgoVault teamUpdated June 2026⤓ 3,412 downloads
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TrendRider is a free trend-following EA for MetaTrader 5. It trades pullbacks in the direction of a higher-period moving-average filter, opens one position at a time, and protects the account with a fixed per-trade risk and a daily loss cap.

What it does

  • Trades only in the direction of the slow-MA trend filter
  • One position at a time — no grids, no martingale
  • Risk set as a % of balance, sized automatically from the stop
  • Optional break-even and ATR trailing stop
  • Daily loss cap pauses trading after a set drawdown

Key settings

SettingDefaultNotes
Risk per trade1.0%Keep 1–2% while testing
Fast / Slow MA21 / 200Pullback vs trend filter
Stop loss1.5 x ATRStop distance
Take profit2.0 RReward-to-risk
Daily loss cap4%Trading pauses if hit

How to install

Download the file, drop it into your MetaTrader Experts or Indicators folder, restart the platform, then drag it onto a chart (enable AutoTrading for EAs). Full walkthrough in our MT4/MT5 install guide.

Run it live: New to MT5? Open a demo or live account with Exness or Deriv and test it risk-free first. (Affiliate links — see disclosure.)

Limitations to understand

Trend systems give back profit in ranging markets and on sharp reversals. Backtest across several years and forward-test on demo before going live.

⤓ Download MT5 (.ex5)

Risk warning. Educational use only — not financial advice. No guarantee of profit, and past performance does not indicate future results. Test on a demo account first; you can lose more than your deposit trading leveraged products.