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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 EX12048 MultiIndicatorConfluence

Pipsgrowth.com EX12048 ex14 — MA-cross EA with DLP, hedging, pause guards and multi-filter confirmations, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12046 MultiIndicatorConfluence

Pipsgrowth.com EX12046 EX105 — volatility Gaussian Bands breakout with multi-indicator confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12045 MultiIndicatorConfluence

Pipsgrowth.com EX12045 EURUSD_v1 — adaptive scalping EA with AMA, RSI, Heiken Ashi and volatility filter, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12049 MultiIndicatorConfluence

Pipsgrowth.com EX12049 XAUUSD_M5_DHLAOS_EA — Daily High/Low + Andean Oscillator confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12062 MultiIndicatorConfluence

Pipsgrowth.com EX12062 GB10 Alligator+Gaussian+Donchian — adaptive breakout, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12040 MultiIndicatorConfluence

Pipsgrowth.com EX12040 EURUSD_1_4 — Adaptive AMA+RSI+ATR+BB+MACD+Heiken Ashi scalper, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12043 MultiIndicatorConfluence

Pipsgrowth.com EX12043 EURUSD_v1_0_1_2 — Adaptive AMA+RSI+Heiken Ashi scalper, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Mean Rev.

Pipsgrowth EX13004 RSI_MA

Pipsgrowth.com EX13004 marsi_ea — MA + RSI mean-reversion with dynamic lot sizing, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12039 MultiIndicatorConfluence

Pipsgrowth.com EX12039 EURUSD_1_3 — Adaptive AMA+RSI+ATR+BB+Heiken Ashi scalper, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12069 MultiIndicatorConfluence

Pipsgrowth.com EX12069 XAUUSD_M5 — Multi-indicator confluence EA (MACD+RSI+Supertrend+Donchian+HA), full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12068 MultiIndicatorConfluence

Pipsgrowth.com EX12068 gen2 — Volatility Gaussian Bands EA with sessions and RSI filters, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12080 MultiIndicatorConfluence

Pipsgrowth.com EX12080 ic_gold — Multi-indicator confluence gold scalper, full 12-layer stack.

XAUUSD
Medium RiskM1
Other

Pipsgrowth EX12074 MultiIndicatorConfluence

Pipsgrowth.com EX12074 MultiSymbolPortfolioEA — Multi-symbol portfolio with Hull MA confluence, full 12-layer stack.

XAUUSDXAGUSD
Medium RiskM5, H1
Mean Rev.

Pipsgrowth EX13002 RSI_MA

Pipsgrowth.com EX13002 RSI MA EA — RSI extreme cross + SMA(21) bias pullback, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Mean Rev.

Pipsgrowth EX13005 RSI_MA

Pipsgrowth.com EX13005 MorningEvening_StarDoji_RSI — Morning/Evening Star + Doji confirmed by RSI, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12073 MultiIndicatorConfluence

Pipsgrowth.com EX12073 MultiStrategyEA_v1_2 — Multi-strategy EA (AC+ADX+AO+DeM+FBB+MFI+MS), full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12055 MultiIndicatorConfluence

Pipsgrowth.com EX12055 EX21v1_1 — TrendCatcher v1.1 with HTF confirmations and HA filters, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12050 MultiIndicatorConfluence

Pipsgrowth.com EX12050 XAUUSD_M5_VGB_MultiStrategy_EA — Volatility Gaussian Bands multi-strategy, full 12-layer stack.

XAUUSD
Medium RiskM5
Mean Rev.

Pipsgrowth EX13001 RSI_MA

Pipsgrowth.com EX13001 RSI MA V2 EA — RSI pullback + MA bias trend EA, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12042 MultiIndicatorConfluence

Pipsgrowth.com EX12042 EURUSD_1_41 — Adaptive AMA+RSI+ATR+MACD+Heiken Ashi scalper (BB off), full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12079 MultiIndicatorConfluence

Pipsgrowth.com EX12079 EX50_XAUUSD_5M — Candle patterns + multi-indicator confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12056 MultiIndicatorConfluence

Pipsgrowth.com EX12056 PatternIntegration_XAUUSD_5M — Inside Bar pattern with EMA trend filter, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12081 MultiIndicatorConfluence

Pipsgrowth.com EX12081 MN2 — Multi-indicator confluence with 12+ indicators, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12065 MultiIndicatorConfluence

Pipsgrowth.com EX12065 Gen2_RSA_Gold — Gaussian bands with RSI on Gold, full 12-layer stack.

XAUUSD
Medium RiskM5
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.