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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 EX14008 Scalper

Pipsgrowth.com EX14008 AK-47 Scalper EA — pending stop order scalper, full 12-layer stack.

XAUUSD
High RiskM5, H1
Scalping

Pipsgrowth EX14013 Scalper

Pipsgrowth.com EX14013 MillionaireScalper — Stochastic/KAMA/ATR/ADX scalper with candlestick patterns and divergence, full 12-layer stack.

XAUUSD
High RiskM5, H1
Scalping

Pipsgrowth EX14022 Scalper

Pipsgrowth.com EX14022 GalaxyGoldScalper — XAUUSD scalper with trend/momentum/volatility filters, full 12-layer stack.

XAUUSD
High RiskM5, H1
Scalping

Pipsgrowth EX14019 Scalper

Pipsgrowth.com EX14019 SilverScalper InsideBar ConsolidationBreak — Silver inside bar breakout scalper with safe pyramiding, full 12-layer stack.

XAGUSD
High RiskM15
Scalping

Pipsgrowth EX14023 Scalper

Pipsgrowth.com EX14023 GBPJPYScalper — GBPJPY scalper exploiting London/Tokyo overlap volatility, full 12-layer stack.

GBPJPY
High RiskM5, H1
Other

Pipsgrowth EX15001 SMC-OrderBlock

Pipsgrowth.com EX15001 USDJPY_SMC_SuperTrend — SMC + SuperTrend confluence trend-follow, full 12-layer stack.

USDJPY
Medium RiskM15
Other

Pipsgrowth EX15008 SMC-OrderBlock

Pipsgrowth.com EX15008 ICT3_SMC_v2 — ICT BOS/CHoCH + liquidity sweep + FVG + OB + killzones, full 12-layer stack.

XAUUSD
Medium RiskM5, M15
Other

Pipsgrowth EX15005 SMC-OrderBlock

Pipsgrowth.com EX15005 HybridSMC_Scalper — FVG+OB tap hybrid SMC scalper, full 12-layer stack.

XAUUSD
Medium RiskM5, M15
Other

Pipsgrowth EX15020 SMC-OrderBlock

Pipsgrowth.com EX15020 EURUSD Liquidity-Trap Scalper Pro — K-of-N confirmed sweep scalper with DLP, full 12-layer stack.

EURUSD
Medium RiskM1
Other

Pipsgrowth EX15016 SMC-OrderBlock

Pipsgrowth.com EX15016 XAUUSD Liquidity Trap EA v3.5.1 — liquidity-zone scalper with dynamic profit management, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15002 SMC-OrderBlock

Pipsgrowth.com EX15002 XAUUSD_Liquidity_Trap — liquidity sweep rejection EA, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX15009 SMC-OrderBlock

Pipsgrowth.com EX15009 XAUUSD Liquidity Trap EA v2.0 — SMC liquidity zone scalper with swing/volume confirmation, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15013 SMC-OrderBlock

Pipsgrowth.com EX15013 XAUUSD Liquidity Trap EA v3.1 — SMC liquidity zone scalper with RSI and pin bar confirmation, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX15017 SMC-OrderBlock

Pipsgrowth.com EX15017 LiquidityTrap — swing-zone scalper with DLP ratchet and pause guards, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Mean Rev.

Pipsgrowth EX13008 RSI_MA

Pipsgrowth.com EX13008 RSI_RECOVERY_SOURCE_CODE — RSI zone recovery with basket profit close, full 12-layer stack.

XAUUSD
Medium RiskM1, H1
Scalping

Pipsgrowth EX14010 Scalper

Pipsgrowth.com EX14010 GoldAggressiveScalper — M1 Gold aggressive pyramid scalper with RSI/EMA signals and ATR risk management, full 12-layer stack.

XAUUSD
High RiskM1
Scalping

Pipsgrowth EX14009 Scalper

Pipsgrowth.com EX14009 Forex Fraus M1 — WPR extreme scalper, full 12-layer stack.

XAUUSD
High RiskM1
Scalping

Pipsgrowth EX14017 Scalper

Pipsgrowth.com EX14017 ProScalpEA — Professional MACD/RSI scalper with session control, news filter and dynamic profit lock, full 12-layer stack.

XAUUSD
High 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
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
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 EX12051 MultiIndicatorConfluence

Pipsgrowth.com EX12051 EX17 — EMA cross with RSI/MACD filters, pullback entry and DLP, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12059 MultiIndicatorConfluence

Pipsgrowth.com EX12059 Freeman — MA crossover with RSI confirmations and ATR SL/TP, 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.