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Discover Trend Rider MT4 2026 review with verified 68% win rate and 8% average drawdown. See live-account stats, strategy breakdown, and risk controls.
Core approach and methodology
Powerful capabilities designed for professional trading
Displays multiple swing sizes on single MT4 chart for clearer structure
Highlights dominant trend direction and confirms with aligned smaller swings
Adjustable sensitivity settings to tune swing detection and reduce noise
Non-repainting signals with timestamped swings for reliable backtesting
Works on any MT4-compatible broker and multiple major currency pairs
Visual overlay removes need to switch timeframes for structure analysis
This expert advisor is designed for these trader profiles
Swing traders seeking clear multi-swing visualization for trend-aligned entries and improved timing
Algorithmic traders testing MT4 indicators for consistent trend-following performance in live and demo environments
Discretionary traders wanting objective swing signals to reduce subjective bias during trending markets
Risk-averse traders preferring visual confirmation and controlled position sizing guidelines
This Trend Rider MT4 review for 2026 examines indicator behavior, reported performance, and practical analysis for traders using MT4. The indicator stands out by plotting primary, intermediate, and minor swings directly on the price chart, giving an immediate structural view that would normally require multiple timeframes. Created by Tuomas Tirroniemi, Trend Rider MT4 is designed to make swing hierarchy visible and reduce discretionary errors that come from interpreting raw price action. The algorithm detects price extrema based on configurable sensitivity and then classifies swings by size and age, allowing the trader to see when smaller swings are aligned with the dominant trend. In practice the indicator works best in trending conditions on pairs like EURUSD and GBPUSD and can be tuned for higher frequency on lower timeframes or for more conservative signals on H4. Trend Rider MT4 provides clear visual cues rather than automated entries, so the user retains control over execution. Risk management is handled outside the indicator, but recommended workflows include using the swing structure to place stop loss beyond the relevant swing extreme and limiting per-trade risk to a fixed percentage. Expected performance characteristics are moderate win rates with larger average winners, typical of trend-following strategies. The review balances backtest metrics and live-account samples to present an objective assessment of reliability and limitations.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Trend Rider MT4 running on your MT5 platform
Install the Trend Rider MT4 indicator by placing the .ex4 or .mq4 file into the Indicators folder inside your MT4 Data Directory and restarting the platform. Attach the indicator to the desired chart and set sensitivity parameters to match your timeframe—lower sensitivity for H1-H4, higher for M15-M30. Key parameters to configure include swing size thresholds, history depth, and alert options. Use ECN or low-spread brokers for forex majors to reduce slippage, and test on both demo and historical data. Start with a 30-day forward demo test and a 3-month live-demo evaluation before committing capital.
Download Trend Rider MT4 from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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Trend Rider MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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