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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

Other

Pipsgrowth EX12063 MultiIndicatorConfluence

Pipsgrowth.com EX12063 GB10 1.3 Alligator+Gaussian+Donchian+ADX+RSI — adaptive breakout, full 12-layer stack.

XAUUSD
Medium RiskM5
Mean Rev.

Pipsgrowth EX13003 RSI_MA

Pipsgrowth.com EX13003 EMA_RSI_RISK_EA — EMA crossover + RSI filter with risk sizing, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12075 MultiIndicatorConfluence

Pipsgrowth.com EX12075 MultiSymbolPortfolioEA — Multi-symbol pyramiding trend rider with Hull MA, full 12-layer stack.

XAUUSDXAGUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12067 MultiIndicatorConfluence

Pipsgrowth.com EX12067 gen2 — Volatility Gaussian Bands adaptive breakout EA, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12064 MultiIndicatorConfluence

Pipsgrowth.com EX12064 GBP9AM — 9AM London breakout with Buy/Sell Stop, full 12-layer stack.

GBPUSD
Medium RiskM5
Other

Pipsgrowth EX12061 MultiIndicatorConfluence

Pipsgrowth.com EX12061 G4_7 variant — Secure Momentum Pyramid with EMA+ADX, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12058 MultiIndicatorConfluence

File-based bridge EA for MT5 <-> Python communication. Receives trade commands via text file, executes Buy/Sell orders with configurable SL/TP, symbol suffix support, and logging. Designed for Exness MT5 with suffix symbols. 12 layers: REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester.

XAUUSDEURUSDUSDJPYGBPUSD
Medium RiskM1
Other

Pipsgrowth EX12054 MultiIndicatorConfluence

Pipsgrowth.com EX12054 EX21v1_1 — TrendCatcher v1.1 with HTF confirmations and HA filters, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12047 MultiIndicatorConfluence

Pipsgrowth.com EX12047 ex14_1_1 — MA-cross EA with DLP, pause guards and multi-filter confirmations, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12041 MultiIndicatorConfluence

Pipsgrowth.com EX12041 EURUSD_1_41 — Adaptive AMA+RSI+ATR+BB+MACD+Heiken Ashi scalper, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12057 MultiIndicatorConfluence

Pipsgrowth.com EX12057 Multi_Symbol_GaussDonchTrap — Gaussian+Donchian+Liquidity Trap multi-symbol, full 12-layer stack.

EURUSDGBPUSDXAUUSD
Medium RiskM1
Other

Pipsgrowth EX12044 MultiIndicatorConfluence

Pipsgrowth.com EX12044 EURUSD_v1_0_1 — adaptive scalping EA with AMA, RSI, Heiken Ashi and volatility filter, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Mean Rev.

Pipsgrowth EX13006 RSI_MA

Pipsgrowth.com EX13006 NWERSIASF_4E059D8F — multi-strategy (HFT/engulfing/RSI/EMA) with risk management, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12078 MultiIndicatorConfluence

Pipsgrowth.com EX12078 Confirmation_XAUUSD_5M — Multi-indicator confluence (MA, RSI, MACD, ADX), full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12072 MultiIndicatorConfluence

Pipsgrowth.com EX12072 MultiStrategyEA_v1_2 — Multi-strategy EA (AC+ADX+AO+DeM+FBB+MFI+MS), full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12077 MultiIndicatorConfluence

Pipsgrowth.com EX12077 PatternClassifier_XAUUSD_5M — Engulfing pattern with EMA trend filter, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12052 MultiIndicatorConfluence

Pipsgrowth.com EX12052 EX18 — True Gaussian Bands mean-reversion EA with DLP and multi-model sizing, full 12-layer stack.

XAUUSD
Medium RiskM1, H1
Other

Pipsgrowth EX12060 MultiIndicatorConfluence

Pipsgrowth.com EX12060 G4_7 — Secure Momentum Pyramid with EMA+ADX, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12076 MultiIndicatorConfluence

Pipsgrowth.com EX12076 Portfolio_Expert_EURUSD_M1 — EA Studio portfolio of 10 strategies on EURUSD M1, full 12-layer stack.

EURUSD
Medium RiskM1
Other

Pipsgrowth EX12070 MultiIndicatorConfluence

Pipsgrowth.com EX12070 Multi_Indicator_EA — Multi-indicator confluence (Ichimoku+MACD+RSI), full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12071 MultiIndicatorConfluence

Pipsgrowth.com EX12071 MultiStrategy_Combo — SuperTrend+EMA+RSI+MACD combo with inside-bar trigger, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Mean Rev.

Pipsgrowth EX13007 RSI_MA

Pipsgrowth.com EX13007 RSI_Alert — RSI overbought/oversold alert bot, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12066 MultiIndicatorConfluence

Pipsgrowth.com EX12066 gen — Generated multi-signal EA (Envelopes+DEMA+TEMA), full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12053 MultiIndicatorConfluence

Pipsgrowth.com EX12053 EX21 — TrendCatcher EA with Heikin-Ashi, EMA regime and MACD cross, 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.