Open Source MT5 Expert Advisors
Free .mq5 source code downloads — open source automated trading robots for MetaTrader 5
24 results
Pipsgrowth EX18110 TrendFollow
Pipsgrowth.com EX18110 Donchian_Channel — Classic Turtle breakout, full 12-layer stack.
Pipsgrowth EX18115 TrendFollow
Pipsgrowth.com EX18115 HedgingMartingale — hedging + martingale recovery, full 12-layer stack.
Pipsgrowth EX18117 TrendFollow
Pipsgrowth.com EX18117 PipsGrowth_EA_USDJPYm — USDJPY M5 multi-indicator scalper, full 12-layer stack.
Pipsgrowth EX18114 TrendFollow
Pipsgrowth.com EX18114 PipsGrowth_EA_USDJPYm_v2 — Modular USDJPY M5 multi-indicator EA, full 12-layer stack.
Pipsgrowth EX18116 TrendFollow
Pipsgrowth.com EX18116 QuantumGold — multi-timeframe EMA trend confluence + dynamic lot sizing, full 12-layer stack.
Pipsgrowth EX18108 TrendFollow
Pipsgrowth.com EX18108 per — EMA/MACD/RSI indicator monitor with automated execution, full 12-layer stack.
Pipsgrowth EX18111 TrendFollow
Pipsgrowth.com EX18111 GoldAI — AI-powered gold scalper with SMC + pyramid, full 12-layer stack.
Pipsgrowth EX18109 TrendFollow
Pipsgrowth.com EX18109 per0 — EMA/MACD/RSI indicator monitor with robustness optimization, full 12-layer stack.
Pipsgrowth EX18113 TrendFollow
Pipsgrowth.com EX18113 PipsGrowth_EA_USDJPYm — USDJPY M5 multi-indicator scalper, full 12-layer stack.
Pipsgrowth EX18112 TrendFollow
Pipsgrowth.com EX18112 PipsGrowth_XAUUSD_5M — Gold LWMA/RSI/BB trend-follower, full 12-layer stack.
Pipsgrowth EX18070 TrendFollow
Pipsgrowth.com EX18070 T3Trend_XAUUSD_5M — Regime-gated T3 (Tillson) slope trend EA for XAUUSD M5, full 12-layer stack.
Pipsgrowth EX18064 TrendFollow
Pipsgrowth.com EX18064 Ichimoku_strategy — Adaptive Ichimoku trend-follow EA, full 12-layer stack.
Pipsgrowth EX18083 TrendFollow
Pipsgrowth.com EX18083 JMA_XAUUSD_5M — ATR-adaptive JMA trend EA with pyramiding, full 12-layer stack.
Pipsgrowth EX18104 TrendFollow
Pipsgrowth.com EX18104 SimpleRSIReversalAUDUSD — RSI reversal in Asian session with panel, full 12-layer stack.
Pipsgrowth EX18069 TrendFollow
Pipsgrowth.com EX18069 T3_Expert — T3 (Tillson) Trend-Follow EA, full 12-layer stack.
Pipsgrowth EX18058 TrendFollow
Pipsgrowth.com EX18058 Hull2EA_Pro — Dual inline Hull-MA trend-follow with regime gate, full 12-layer stack.
Pipsgrowth EX18075 TrendFollow
Pipsgrowth.com EX18075 TrendFollow — EMA cross + SuperTrend, full 12-layer stack.
Pipsgrowth EX18078 TrendFollow
Pipsgrowth.com EX18078 GoldScalper_ParabolicSAR_DynamicStop — SAR-based gold scalping with dynamic trailing, full 12-layer stack.
Pipsgrowth EX18085 TrendFollow
Pipsgrowth.com EX18085 XAUUSD_M5_ZeroLagTrend_EA — Zero Lag T3 + Candle Color + Ultra Trend, full 12-layer stack.
Pipsgrowth EX18060 TrendFollow
Pipsgrowth.com EX18060 Hull2EAn — Dual Hull MA color consensus with regime gate, full 12-layer stack.
Pipsgrowth EX18088 TrendFollow
Pipsgrowth.com EX18088 ExpertMAPSARSizeOptimized — MA+PSAR with size-optimized money, full 12-layer stack.
Pipsgrowth EX18086 TrendFollow
Pipsgrowth.com EX18086 ExpertMAMA — MA signal and trailing Expert, full 12-layer stack.
Pipsgrowth EX18089 TrendFollow
Pipsgrowth.com EX18089 Gold EMA SuperTrend — EMA crossover + SuperTrend gold scalper, full 12-layer stack.
Pipsgrowth EX18106 TrendFollow
Pipsgrowth.com EX18106 MSS_EA — Market Structure Shift detector, full 12-layer stack.
What Is an MT5 Expert Advisor?
An MT5 Expert Advisor (also called an EA or forex robot) is an automated trading program written in MQL5 that runs directly inside MetaTrader 5. An EA analyzes the market, opens trades, and manages open positions automatically — without manual intervention. It can send orders, modify stop-losses, take partial profits, and close trades based on pre-programmed rules and indicator signals.
Why Open Source Expert Advisors?
We believe in full transparency in automated trading. Unlike commercial closed-source EAs, our Expert Advisors include the complete MQL5 source code.
- Full MQL5 source code included for complete audit
- Customize parameters to fit your trading style
- No hidden fees, no black boxes
- Full transparency in strategy logic and signals
How to Install an Expert Advisor on MT5
Click any EA above to download the .mq5 source file, then follow these five steps:
- 1
Open MT5, click File → Open Data Folder from the top menu
- 2
Navigate to MQL5 → Experts and paste the downloaded .mq5 file
- 3
In MT5, right-click Expert Advisors in the Navigator panel and click Refresh
- 4
Drag the new EA from the Navigator onto any chart
- 5
Enable Allow Algo Trading in the settings dialog and click OK
MT5 vs MT4 Expert Advisors — Which Is Better?
MT5 outperforms MT4 in several key areas for EA developers. All Expert Advisors in our library are written exclusively for MT5 using MQL5.
Clear Warning: Educational Purposes Only
All Expert Advisors in this library are for educational and testing purposes only. Do NOT use them with real money. Test only on demo accounts. Automated trading with real money involves substantial risk of capital loss. These tools do not constitute investment advice.