London Trend Rider
- Experts
- Version: 1.0
- Activations: 10
London Trend Rider
**SHORT DESCRIPTION:**
Disciplined trend-following EA for EURJPY M15. Trades only the London session, long and short, every position protected with a fixed 50-pip target and 30-pip stop. Position size scales with your account.
**FULL DESCRIPTION:**
London Trend Rider — catch EURJPY's London moves without watching the screen.
London Trend Rider uses a proprietary momentum-shift model to detect when EURJPY starts a directional push during the London session — the hours when this pair moves most — and enters with that momentum, long or short. Outside its trading window it stays flat.
Backtest highlights (MT5 strategy tester, 100% history quality, EURJPY M15, 2% risk):
- 286 trades, profit factor 1.25
- Reward larger than risk on every trade: 50-pip target vs 30-pip stop
- Balance grew from 3,000 to over 7,200 across the full test
- Trades long and short — profits in both directions
What you get
- Fully automated: signal detection, entry, and exit — no chart-watching
- Every trade protected: 50-pip target, 30-pip stop, attached the instant the trade opens
- One trade at a time — no stacking, no martingale, no grid, no averaging down
Money management
- Default: risks 2% of balance per trade, so position size compounds with your account
- Prefer fixed lots? One setting switches it
Built-in safeguards
- Skips trades the account can't afford instead of erroring
- Respects broker volume and spread limits
- Magic-number tagged — never touches your manual trades or other EAs
Recommended use: EURJPY, M15 chart. Results shown are backtested; past performance doesn't guarantee future results. Test on a demo account first — always.
SETUP — 2 MINUTES
1. Open a EURJPY chart and set the timeframe to M15
2. Drag London Trend Rider onto the chart
3. Make sure "Algo Trading" is enabled in your MT5 toolbar
4. Done — default settings are the tested settings
Inputs explained
- Magic number — unique ID so the EA only manages its own trades. Leave as is unless you run multiple EAs on the same account
- Max slippage (points) — maximum price movement accepted on entry. Default 10
- Stop loss (pips) — default 30, the tested setting
- Take profit (pips) — default 50, the tested setting
- Risk-based lots — ON by default: position size scales with your balance
- Risk % of balance per trade — default 2%. Lower it to 1% for a smoother ride
- Fixed lot size — only used if you turn risk-based lots off
FAQ
Q: Which pair and timeframe?
A: EURJPY on the M15 chart. That's what it was built and tested on — other pairs are untested.
Q: What's the minimum deposit?
A: The backtest started from 3,000. It will run on less, but with risk-based sizing a very small account may have trades skipped if the minimum lot size risks more than your set percentage.
Q: Does it use martingale, grid, or averaging?
A: No. One trade at a time, every trade has a fixed stop and target from the moment it opens.
Q: Does it trade every day?
A: It only trades during the London session, and only when its entry conditions line up. Some days it won't trade at all — that's the discipline working, not a fault.
Q: Can I run it alongside other EAs or my own manual trades?
A: Yes. It's magic-number tagged and only ever manages its own positions.
Q: Do I need a VPS?
A: Recommended, like any EA — it needs the platform running during London hours. Any standard MT5 VPS works.
Q: Will my results match the backtest?
A: Backtests are run at 100% history quality, but live spreads, slippage, and broker conditions vary. Always start on a demo account.
