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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 EX10015 Momentum-Scalper

Pipsgrowth.com EX10015 GoldScalper CCIMomentum — CCI zero-line cross momentum scalper, full 12-layer stack.

XAUUSD
High RiskM15
Other

Pipsgrowth EX12021 MultiIndicatorConfluence

Pipsgrowth.com EX12021 deepseek1 — Multi-filter EA with candlestick patterns, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12035 MultiIndicatorConfluence

Pipsgrowth.com EX12035 EA401 — Ichimoku confluence with multi-filter confirmation, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12023 MultiIndicatorConfluence

Pipsgrowth.com EX12023 Dematus — DeMarker oscillator with equity trailing, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12001 MultiIndicatorConfluence

Pipsgrowth.com EX12001 MultiIndicatorConfluence — 8-indicator confluence trend EA, full 12-layer stack.

XAUUSD
Medium RiskM1
Other

Pipsgrowth EX12004 MultiIndicatorConfluence

Pipsgrowth.com EX12004 USDJPY Confluence — 5-factor AND-gate confluence EA, full 12-layer stack.

USDJPY
Medium RiskM5, M30
Other

Pipsgrowth EX12012 MultiIndicatorConfluence

Pipsgrowth.com EX12012 AFAOSMD_XAUUSD_5M — Average Force + Andean Osc + MACD confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12015 MultiIndicatorConfluence

Pipsgrowth.com EX12015 AI_Market_Analyzer_EA — AI-powered market analysis dashboard, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12019 MultiIndicatorConfluence

Pipsgrowth.com EX12019 BotCilentoV1_35 — MA-based directional grid with risk management, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12027 MultiIndicatorConfluence

Pipsgrowth.com EX12027 EA_X1_v1_1 — EMA/RSI crossover with retest filter and dynamic lock profit, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Scalping

Pipsgrowth EX11002 MultiFilterScalper

Pipsgrowth.com EX11002 MultiFilter_XAUUSD_5M — multi-indicator confluence scalper with EMA/ATR/HA/SuperTrend/Hull filters, full 12-layer stack.

XAUUSD
High RiskM5
Other

Pipsgrowth EX12037 MultiIndicatorConfluence

Pipsgrowth.com EX12037 EURUSD_1_2 — Adaptive AMA+RSI+ATR+Heiken Ashi scalper, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12036 MultiIndicatorConfluence

Pipsgrowth.com EX12036 EEEE1 — No-Lag LWMA + CCI + RSI confluence, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12030 MultiIndicatorConfluence

Pipsgrowth.com EX12030 EA1_6 — Template EA skeleton with identity inputs, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12034 MultiIndicatorConfluence

Pipsgrowth.com EX12034 Libre_XAUUSD_5M — CCI + EMA trend-filter confluence, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12007 MultiIndicatorConfluence

Pipsgrowth.com EX12007 USDJPY Confluence v2 — 6-key weighted confluence-score EA, full 12-layer stack.

USDJPY
Medium RiskM5, M30
Other

Pipsgrowth EX12014 MultiIndicatorConfluence

Pipsgrowth.com EX12014 RobustMultiStrat_XAUUSD_5M — weighted ADX/RSI/MACD confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12020 MultiIndicatorConfluence

Pipsgrowth.com EX12020 BotCilentoV1_35 — MA-based directional grid with risk management, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12031 MultiIndicatorConfluence

Pipsgrowth.com EX12031 EA1_22C00EF81577 — Heiken Ashi/EMA/Supertrend trend scalper, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12026 MultiIndicatorConfluence

Pipsgrowth.com EX12026 EA_MCS_copy — Advanced Gaussian bands breakout with RSI and multi-session filters, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12024 MultiIndicatorConfluence

Pipsgrowth.com EX12024 e3 — ITF intraday time-filter EA with fixed-lot management, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Scalping

Pipsgrowth EX10008 Momentum-Scalper

Pipsgrowth.com EX10008 XAUUSD Scalper — multi-state regime-dispatched momentum scalper, full 12-layer stack.

XAUUSD
High RiskM5, M1
Other

Pipsgrowth EX12008 MultiIndicatorConfluence

Pipsgrowth.com EX12008 MAAOS_XAUUSD_5M — 2MA + Andean Oscillator confluence, full 12-layer stack.

EURUSDUSDCAD
Medium RiskM5, H4
Scalping

Pipsgrowth EX10010 Momentum-Scalper

Pipsgrowth.com EX10010 HFT Scalper — impulse-out-of-compression momentum scalper, full 12-layer stack.

XAUUSD
High RiskM1, M15
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.