Unfortunately, it also had some drawbacks: Built-in risk management with reverse martingale position sizing.Lots of options for alerts - native, email, push-notifications you decide what you want to be alerted about and you can also control the sounds used by the EA.The instructions are very clear and detailed.Everything works well and as intended - there were no really distracting glitches or critical bugs.A nice interface, which is rather difficult to build in MetaTrader 4.The strategy is a real deal - it isn't trying to mask a perpetual drawdown via some kind of grid or martingale system.An all-in-one approach that can work if you add some discretion to following the signals.Overall, the system turned out to be very good. In addition to the basic explanations, the ebook also gives a lot of tips on how to trade with the EA and provides examples of trades. An interested trader could even use those indicators separately from the system and develop their own tools based on them. The underlying indicators are also thoroughly described.
The mechanics of the system are very well explained. But if you are not a complete newbie in Forex, you can skip a good half of it. The ebook that is bundled with sRs Trend Rider is rather long - 105 pages. However, stop-loss orders will be managed by your broker's trading server, so once the trade is open, it isn't affected by your platform being online or offline. This means that using a VPS is more of a necessity than a luxury in case of sRs Trend Rider. Important: The chart should remain open, the EA attached, and the platform turned on for the automatic stuff to work, including the take-profit.
By the way, the EA uses two take-profit targets - you can control what part of a position is closed at the first target and what part at the second one.
Our best results with sRs Trend Rider have been when we switched to drawing a trigger trendline and letting the EA do its job.Ī nice thing about this method of trading is that you can still change the stop-loss (setting it to some support/resistance level), take-profit, and risk per trade. Opening the trade whenever the signal is generated looks to be a simple and very attractive option, but we didn't get good results doing so. When you decide to follow a signal, you just click the 'OPEN' button next to the pair in the list and a new chart opens where you can either trade manually or place a trendline for an automatic breakout trade fully managed by the expert advisor. The dashboard looks like this and can be customized using input parameters to show different currency pairs, disable aggressive or conservative signals, and for display style: SRs Trend Rider is very easy-to-use - you don't even have to read and analyze any indicators - the signals get generated automatically - and you just place a trade when you receive either an Aggressive or Conservative signal for a currency pair. However, when using MetaTrader programs from trusted developers, it isn't an issue.
#FREE RIDER 1 HACKED CODE#
It should be noted that enabling DLL's in the custom EAs or indicators is potentially dangerous as the program can now execute some malicious code on your PC.
#FREE RIDER 1 HACKED LICENSE#
When attaching the sRs Trend Rider dashboard EA, you would need to enter your license details and you also need to make sure that DLL imports are enabled in the settings when you attach the programs to a chart. The installation and running process is explained very well in the ebook that comes with the system. The latter method might be a more appropriate option for users without experience installing custom MT4 programs. The EAs, indicators, and chart templates, which come with the system, can be installed into your MetaTrader 4 either manually or using the automatic installer provided in the archive. sRs Trend Rider expert advisors and indicators So, let's examine sRs Trend Rider components closer. Ribakov has put a lot of thought, efforts, and consideration into his work. From studying the strategy and the tools provided, it is evident that Mr. Vladimir is a self-taught Forex trader with 14+ years of experience both in retail trading and as a professional trader at a hedge fund. The system was developed by Vladimir Ribakov from 2010 through 2016 but still remains an interesting and helpful algorithmic tool. The main purpose of sRs Trend Rider 2.0 is to provide actionable trading signals for the trader's consideration and then to open and manage positions if the trader decides to follow a generated signal. SRs Trend Rider 2.0 is a trading system, which includes a set of expert advisors and indicators as well as an explanatory ebook. Disclaimer: We have received a free copy of sRs Trend Rider 2.0 for this review, but we are in no way affiliated with Vladimir Ribakov.
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