P
PipsGrowth
Open Source .mq5

Open Source MT5 Expert Advisors

Free .mq5 source code downloads — open source automated trading robots for MetaTrader 5

560
Expert Advisors
24
Free
0
Exclusive

24 results

Other

Pipsgrowth EX15025 SMC-OrderBlock

Pipsgrowth.com EX15025 SMC_XAUUSD_5M — SMC order block engulfing break EA for XAUUSD M5, full 12-layer stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX16010 Trend

Pipsgrowth.com EX16010 GoldScalper AwesomeSaucer TrendContinuation — AO saucer trend scalper, full 12-layer stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX16016 Trend

Pipsgrowth.com EX16016 USDJPY_GLM_4_7_SafePyramidTrendRider — Safe pyramid trend rider, full 12-layer stack.

USDJPY
Medium RiskM5, H1
Other

Pipsgrowth EX15024 SMC-OrderBlock

Pipsgrowth.com EX15024 Smart_Money_Order_Block_ChocEA_fix — SMC order block breakout/retest EA, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX16026 Trend

Pipsgrowth.com EX16026 BullishBearish_Engulfing_RSI - Engulfing pattern + RSI confirm + MA trend filter, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX15026 SMC-OrderBlock

Pipsgrowth.com EX15026 Smart_Money_Order_Block_ChocEA_fix — SMC order block breakout/retest EA, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX16017 Trend

Pipsgrowth.com EX16017 ZigZag_EA — ZigZag corridor breakout with Fibonacci SL/TP, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX16036 Trend

Pipsgrowth.com EX16036 EX_X3_XAUUSD_pro — dual-entry dual-confirm XAU Pro scalper, full 12-layer stack.

XAUUSD
Medium RiskM1, H1
Trend

Pipsgrowth EX16013 Trend

Pipsgrowth.com EX16013 PriceAction XAUUSD 5M — price action trend EA, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15023 SMC-OrderBlock

Pipsgrowth.com EX15023 PipsGrowth SMC Scalper — BOS/CHoCH/OB/FVG scalper with ATR risk management, full 12-layer stack.

XAUUSDUSDJPY
Medium RiskM5
Trend

Pipsgrowth EX16004 Trend

Pipsgrowth.com EX16004 Price_Action_EA — 2-bar reversal price action EA, full 12-layer stack.

XAUUSDEURUSDGBPUSDUSDJPY
Medium RiskD1, H4
Trend

Pipsgrowth EX16031 Trend

Pipsgrowth.com EX16031 BullishBearish_Harami_Stoch - Harami pattern + Stochastic confirm + MA trend filter, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX16029 Trend

Pipsgrowth.com EX16029 BullishBearish_Harami_MFI - Harami pattern + MFI confirm + MA trend filter, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX16003 Trend

Pipsgrowth.com EX16003 UT_Bot_Alerts — ATR trailing stop crossover EA, full 12-layer stack.

XAUUSDEURUSDGBPUSDUSDJPY
Medium RiskM5, M15
Trend

Pipsgrowth EX16032 Trend

Pipsgrowth.com EX16032 DSUPERNATURAL1_UNIVERSAL_TRAILING_STOP_EA — universal trailing stop manager, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX16039 Trend

Pipsgrowth.com EX16039 TrendRider_XAUUSD_5M — EMA crossover trend rider with H1 filter, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX15028 SMC-OrderBlock

Pipsgrowth.com EX15028 SMCstarV02_simpleforextools — SMC order block breakout/retest EA, full 12-layer stack.

XAUUSD
Medium RiskM10, M5
Trend

Pipsgrowth EX16006 Trend

Pipsgrowth.com EX16006 GoldScalper PinbarAction ReversalPattern — pinbar reversal scalper, full 12-layer stack.

XAUUSD
Medium RiskM15
Other

Pipsgrowth EX15027 SMC-OrderBlock

Pipsgrowth.com EX15027 SMCstarV02 — SMC order block breakout/retest EA, full 12-layer stack.

XAUUSD
Medium RiskM10, M5
Other

Pipsgrowth EX15029 SMC-OrderBlock

Pipsgrowth.com EX15029 SMCBreakoutEA — SMC breakout CHOCH/liquidity sweep EA, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX15003 SMC-OrderBlock

Pipsgrowth.com EX15003 LiquidityTrap_Safe_XAUUSD_5M — safe liquidity sweep rejection EA, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15012 SMC-OrderBlock

Pipsgrowth.com EX15012 XAUUSD Liquidity Trap EA v3.0 — SMC liquidity zone scalper with confirmation signals, full 12-layer stack.

XAUUSD
Medium RiskM5
Scalping

Pipsgrowth EX14015 Scalper

Pipsgrowth.com EX14015 EMA_Fractal_Scalper — 3-EMA trend scalper with Williams Fractal entries, full 12-layer stack.

XAUUSD
High RiskM1
Other

Pipsgrowth EX15022 SMC-OrderBlock

Pipsgrowth.com EX15022 MarketPredictor — FFT/fractal + Monte Carlo price prediction scalper, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
MT5 Expert Advisor Guide

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.

Market Analysis
Instant Execution
Risk Management
Runs 24/5

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. 1

    Open MT5, click File → Open Data Folder from the top menu

  2. 2

    Navigate to MQL5 → Experts and paste the downloaded .mq5 file

  3. 3

    In MT5, right-click Expert Advisors in the Navigator panel and click Refresh

  4. 4

    Drag the new EA from the Navigator onto any chart

  5. 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.

21 vs 9
Timeframes
Far more timeframe support
MQL5
Faster Language
More powerful than MQL4
Faster
Backtesting
Multi-pass parallel algorithms

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.