Rider EA V2.013.1 MT5

Rider EA V2.013.1 MT5 – Free M1 Scalping Robot for Major Forex Pairs

Introduction

Scalpers know one thing for sure: speed and precision decide profits. On the M1 timeframe, a one-second delay can turn a winner into a loser. That’s why YoForex created the Rider EA V2.013.1 MT5 — a high-frequency Expert Advisor designed to ride micro-trends across all major forex pairs.

Unlike EAs that only work on specific conditions, Rider EA adapts to different market sessions, from Asian ranges to London breakouts and New York volatility. And yes, it’s totally free to download at MQL5.software.

Overview

The Rider EA V2.013.1 MT5 is a fully automated M1 scalping EA for MetaTrader 5.

It focuses on:

Fast entries during momentum bursts.
Tight stoplosses to protect capital.
High-frequency trading that compounds small wins into steady growth.

Because it works on any major forex pair (EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD), traders can run it on multiple charts for diversification.

Key Features

• Any Major Pair Supported – EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD.
• Optimized for M1 Scalping – Lightning-fast trading on the 1-minute chart.
• High-Frequency Trading – Dozens of trades daily.
• Built-In Risk Management – SL, TP, trailing stop included.
• No Martingale, No Grid – Avoids dangerous doubling strategies.
• Low Latency Execution – Best with ECN brokers.
• News Filter Option – Skip high-impact events.
• Prop Firm Friendly – Meets strict drawdown limits.
• Customizable Inputs – Adjust risk % and trade frequency.
• Plug & Play – Beginner-friendly setup.
• Free Updates – YoForex improves logic over time.
• 24/7 Support – Via Telegram and WhatsApp.

How It Works

The Rider EA uses a momentum-driven scalping system:

Market Scan – Detects short bursts of volatility.
Fast Entry – Enters in the direction of momentum within 1–2 candles.
Risk Management – Applies SL within 5–10 pips (pair-dependent).
Exit Logic – Uses TP or trailing stop for quick profit locking.

Example:

On EURUSD M1, when Rider detects a breakout during London session, it enters immediately with a tight SL.
On USDJPY, it scalps micro-moves in Asian ranges.

Backtest & Performance Insights

EURUSD (M1 timeframe, 2 years):

Win Rate: ~72%
Max Drawdown: 6%
Profit Factor: 1.9
Avg Monthly Gain: 10–15%

GBPUSD (M1 timeframe):

Higher volatility, bigger average profits.
Best performance during London open.

USDJPY (M1 timeframe):

Lower volatility but steady win rate (~70%).
Consistent Asian session profits.

Forward Demo Results:
On a demo account, Rider EA showed consistent small gains daily, with risk kept under control even during NFP and CPI news.

Installation & Setup

Download from MQL5.software.
Place file in MQL5 → Experts.
Restart MetaTrader 5.
Attach Rider EA to any major forex pair M1 chart.
Enable Algo Trading.
Adjust lot size, TP/SL, and news filter options.

Recommended Settings:

Account Type: ECN broker with raw spreads.
Deposit: $300 minimum.
VPS: Yes, for low latency execution.
Timeframe: Only M1.

Why Choose YoForex Tools?

YoForex provides free, professional-grade trading robots designed for real traders. Instead of overpriced scalpers that repaint results, Rider EA offers transparent logic, ongoing updates, and full support.

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