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

Scalping

Pipsgrowth EX14001 Scalper

Pipsgrowth.com EX14001 GUNEA Optimized — dual Hull-MA trend scalper, full 12-layer stack.

XAUUSD
High RiskM15, M5
Scalping

Pipsgrowth EX14024 Scalper

Pipsgrowth.com EX14024 GoldScalperPro — XAUUSD scalper with SMA200 trend filter and RSI confirmation, full 12-layer stack.

XAUUSD
High RiskM5
Scalping

Pipsgrowth EX14011 Scalper

Pipsgrowth.com EX14011 SimpleGoldScalper_XAUUSD_5M — WPR/RSI confluence Gold scalper with risk-based lot sizing, full 12-layer stack.

XAUUSD
High RiskM5
Scalping

Pipsgrowth EX14006 Scalper

Pipsgrowth.com EX14006 AggressiveScalperEA — multi-indicator aggressive scalper, full 12-layer stack.

XAUUSD
High RiskM5, H1
Other

Pipsgrowth EX15019 SMC-OrderBlock

Pipsgrowth.com EX15019 XAUUSD Liquidity Trap M1 — sweep/re-entry scalper with K-of-N confirms and DLP, full 12-layer stack.

XAUUSD
Medium RiskM1
Other

Pipsgrowth EX15014 SMC-OrderBlock

Pipsgrowth.com EX15014 XAUUSD Liquidity Trap EA v3.2 — liquidity-zone scalper with pin-bar/RSI confirmation, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15010 SMC-OrderBlock

Pipsgrowth.com EX15010 XAUUSD Liquidity Trap EA v2.1 — SMC liquidity zone scalper with improved indicator handling, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15004 SMC-OrderBlock

Pipsgrowth.com EX15004 Hybrid_Volatility_SMC_Scalper — OB+FVG + Larry Williams volatility, full 12-layer stack.

XAUUSD
Medium RiskM5, M15
Scalping

Pipsgrowth EX14014 Scalper

Pipsgrowth.com EX14014 newScalper — Adaptive Gold scalper with Heiken Ashi, RSI, volatility filter and dynamic profit locking, full 12-layer stack.

XAUUSD
High RiskM5, H1
Other

Pipsgrowth EX15011 SMC-OrderBlock

Pipsgrowth.com EX15011 XAUUSD Liquidity Trap EA v3.0 — SMC liquidity zone scalper with confirmation signals and dynamic profit management, full 12-layer stack.

XAUUSD
Medium RiskM5
Scalping

Pipsgrowth EX14004 Scalper

Pipsgrowth.com EX14004 XAU-GU Scalper — multi-symbol gold/GU scalper, full 12-layer stack.

XAUUSDGBPUSD
High RiskM5, H1
Scalping

Pipsgrowth EX14002 Scalper

Pipsgrowth.com EX14002 GoldScalper PivotScalp LevelTrading — pivot point scalper, full 12-layer stack.

XAUUSD
High RiskM15
Other

Pipsgrowth EX15007 SMC-OrderBlock

Pipsgrowth.com EX15007 ICT3_SMC — ICT BOS/CHoCH + liquidity sweep + FVG + OB + killzones, full 12-layer stack.

XAUUSD
Medium RiskM5, M15
Scalping

Pipsgrowth EX14018 Scalper

Pipsgrowth.com EX14018 SilverScalper InsideBar ConsolidationBreak — Silver inside bar breakout scalper with safe pyramiding and SuperTrend filter, full 12-layer stack.

XAGUSD
High RiskM15
Scalping

Pipsgrowth EX14026 Scalper

Pipsgrowth.com EX14026 NightScalperPro — Asian session night scalper with RSI reversal signals, full 12-layer stack.

EURUSDGBPUSDAUDUSD
High RiskM5, H1
Other

Pipsgrowth EX15006 SMC-OrderBlock

Pipsgrowth.com EX15006 ICT_Scalper — BOS/CHoCH + liquidity sweep + FVG + OB + killzones, full 12-layer stack.

XAUUSD
Medium RiskM5, M15
Scalping

Pipsgrowth EX14012 Scalper

Pipsgrowth.com EX14012 GoldScalpingEA — MACD/RSI/EMA/ATR Gold scalper with optional AI analysis, full 12-layer stack.

XAUUSD
High RiskM5
Other

Pipsgrowth EX15015 SMC-OrderBlock

Pipsgrowth.com EX15015 XAUUSD Liquidity Trap EA v3.3 — liquidity-zone scalper with pin-bar/RSI/DEMA confirmation, full 12-layer stack.

XAUUSD
Medium RiskM5
Scalping

Pipsgrowth EX14016 Scalper

Pipsgrowth.com EX14016 USDJPYm_Scalper — Asian range breakout scalper with EMA/ATR confirmation and pyramid scaling, full 12-layer stack.

USDJPY
High RiskM5
Scalping

Pipsgrowth EX14025 Scalper

Pipsgrowth.com EX14025 MultiCurrencyScalper — scalps 8 major pairs on M15 with staggered RSI entries, full 12-layer stack.

EURUSDGBPUSDUSDJPY
High RiskM15
Scalping

Pipsgrowth EX14007 Scalper

Pipsgrowth.com EX14007 AggressiveScalperEA — adaptive multi-indicator scalper, full 12-layer stack.

XAUUSD
High RiskM5, H1
Other

Pipsgrowth EX15018 SMC-OrderBlock

Pipsgrowth.com EX15018 LiquidityTrap — swing-zone scalper with trailing stop and pause guards, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Scalping

Pipsgrowth EX14005 Scalper

Pipsgrowth.com EX14005 XAUUSD Scalper — multi-filter gold scalper, full 12-layer stack.

XAUUSD
High RiskM5
Scalping

Pipsgrowth EX14003 Scalper

Pipsgrowth.com EX14003 od10leporadi — timing-based multi-TF scalper, full 12-layer stack.

XAUUSD
High RiskH1
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.