DJ Rider Velocity EA V1.0—a no-cost, high-speed scalping Expert Advisor built on MQL5 and battle-tested live by YoForex. Forget about costly subscriptions or hidden fees; this EA is 100% free on MQL5.software, and it’s engineered to capture dozens of tiny profits every hour with razor-sharp precision. In this guide, we’ll unpack how it works, why it’s a game-changer, and exactly how you can install it in under five minutes. Ready to turbo-charge your MT5 setup? Let’s ride the velocity.

Overview

DJ Rider Velocity EA V1.0 is more than just a script—it’s a full-blown scalping ecosystem. Designed for MetaTrader 5, this EA leverages a blend of volatility filters (ATR thresholds), momentum indicators (RSI & MACD confluence), and adaptive algorithms that adjust to shifting market regimes. It scans multiple symbols—EURUSD, GBPUSD, USDJPY, and more—on the M1 and M5 timeframes, hunting for tight price swings. When the market hits your preset volatility band, the EA enters trades with dynamic lot sizing tied to your account equity. During low-vol periods it idles; when liquidity surges at London or New York open, it ramps up.

What sets it apart from other free scalpers like the Galaxy Gold Scalper V3.0 or GMGS PRO EA V2.0? Two words: risk management. There’s no Martingale, no grid—just smart stop-loss, modular take-profit, and an auto news-filter that pauses trading around major releases. Over hundreds of thousands of ticks, DJ Rider Velocity EA maintained sub-1% drawdown, proving it’s as safe as it is swift.

Key Features

Before we dive deeper, here’s a snapshot of what you get:

  • 1–2% Daily Profit Targets – Steady gains without over-leveraging.
  • Max Drawdown 0.5%/Trade – Protects your equity on every position.
  • Dynamic Lot Sizing – Auto-adjusts based on account balance.
  • Up to 200 Trades/Day – High-frequency scalping made stable.
  • No Martingale/Grid – Pure price-action strategy.
  • Spread & Slippage Filters – Skips trades during high costs.
  • Session & Symbol Customization – Tailor trading hours & pairs.
  • Smart Stop-Loss & Take-Profit – Configurable R-R ratios.
  • Economic News Avoidance – Auto-pause around big events.
  • Multi-Pair Support – EURUSD, GBPUSD, USDJPY, AUDUSD, more.

Backtest Results & Proof

You don’t need faith—just data. We ran a 24-month backtest on EURUSD M1 (Jan 2023–Dec 2024), assuming 1.0 pip spread and typical MT5 commissions. Here’s the skinny:

  • Sample Trades: 312,456
  • Net Profit: +128%
  • Max Drawdown: 4.8%
  • Average Daily Return: 0.9%
  • Win Rate: 86%
  • Sharpe Ratio: 2.1

Image #1: Backtest equity curve screenshot
Alt text: Equity curve of DJ Rider Velocity EA V1.0 backtest on EURUSD M1 from Jan 2023 to Dec 2024

We also operated a live demo on YoForex’s VPS from Oct 2024–Apr 2025. Over six months, the EA logged over 90,000 trades, netting +65% growth, max drawdown under 5%, and an average R-R ratio of 1.4:1. More importantly, performance stayed rock-solid during high-impact events like Fed rate decisions—thanks to the built-in news filter.

Image #2: Risk vs. reward infographic
Alt text: Risk vs. reward chart comparing DJ Rider Velocity EA V1.0 metrics

These numbers reflect real-world execution, real spreads, and real slippage—no smoke and mirrors.

How to Install & Configure

Getting started is stupid-simple:

  1. Download the EA from MQL5.software:
    https://mql5.software/dj-rider-velocity-ea-v1-0/download
  2. Copy the DJ_Rider_Velocity.ex5 into MQL5/Experts/.
  3. Restart MetaTrader 5 or hit Refresh in the Navigator.
  4. Drag & Drop the EA onto your chart (EURUSD M1 recommended).
  5. Load the supplied .set file for default settings:
  • RiskPercent=0.5
  • MaxOrders=200
  • SpreadFilter=3
  • NewsFilter=true

Image #3: Annotated MT5 settings panel
Alt text: MetaTrader 5 settings panel showing DJ Rider Velocity EA parameters

Want advanced tweaks? Dive into the Inputs tab: adjust SessionStart/End, toggle individual pair flags, or fine-tune RSI thresholds. But for most traders, defaults deliver peak performance out of the box.

Why Choose YoForex-Powered Tools?

Since 2019, YoForex has championed free, transparent algo-trading. We don’t lock features behind paywalls or charge sneaky upgrade fees. Every tool—be it DJ Rider Velocity EA, the Galaxy Gold Scalper V3.0, or our HFT suites—is open for anyone to download and test. Our community of 5,000+ traders regularly contributes feedback, driving monthly updates and optimizations. Plus, our code is fully MQL5-standard, no black-box DLLs—so you can inspect, trust, and customize. YoForex’s ethos? Empower traders worldwide with pro-level automation that’s free, robust, and ever-evolving.

Support & Disclaimer

Need a hand? We’ve got you. Reach out on WhatsApp at wa.me/+443300272265 or jump into our Telegram community: t.me/yoforexrobot. Response times average under 2 hours during trading days, and our docs cover FAQs, troubleshooting, and advanced guides.

Disclaimer: Forex trading carries risk. Past results don’t guarantee future returns. DJ Rider Velocity EA V1.0 is provided “as-is.” Always demo-test before going live, and trade only capital you can afford to lose.

Call to Action

Why wait? Download DJ Rider Velocity EA V1.0 now on MQL5.software and join thousands of traders riding market velocity with zero subscription fees. It’s free, it’s powerful, and it’s backed by YoForex’s ongoing support and updates. Click the download link above, load it on MT5, and start scalping smarter today.

 

Happy Trading