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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 EX12010 MultiIndicatorConfluence

Pipsgrowth.com EX12010 A2_XAUUSD_5M — Volatility Gaussian Bands multi-filter confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12018 MultiIndicatorConfluence

Pipsgrowth.com EX12018 Arttrader_v1_5 — EMA slope with candlestick confirmation, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12028 MultiIndicatorConfluence

Pipsgrowth.com EX12028 EA_X1 — EMA/RSI crossover with dynamic lock profit and session filters, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Scalping

Pipsgrowth EX11001 MultiFilterScalper

Pipsgrowth.com EX11001 MultiFilterScalper — 5-vote EMA(3/8) cross scalper, full 12-layer stack.

XAUUSD
High RiskM1, M15
Scalping

Pipsgrowth EX10014 Momentum-Scalper

Pipsgrowth.com EX10014 MomEMA XAUUSD 5M — Momentum + EMA scalper with pyramiding, full 12-layer stack.

XAUUSD
High RiskM5
Other

Pipsgrowth EX12009 MultiIndicatorConfluence

Pipsgrowth.com EX12009 MACDStoch_XAUUSD_5M — dual-MACD + Stochastic confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12005 MultiIndicatorConfluence

Pipsgrowth.com EX12005 USDJPY Complete CPU — adaptive 10-indicator confluence EA, full 12-layer stack.

USDJPY
Medium RiskM15
Other

Pipsgrowth EX12022 MultiIndicatorConfluence

Pipsgrowth.com EX12022 deepseek1_fixed — Multi-filter EA with candlestick patterns, full 12-layer stack.

XAUUSD
Medium RiskM5
Scalping

Pipsgrowth EX10007 Momentum-Scalper

Pipsgrowth.com EX10007 XAU Scalper Pro — EMA trend + RSI cross pullback scalper, full 12-layer stack.

XAUUSD
High RiskM5, M15
Scalping

Pipsgrowth EX10013 Momentum-Scalper

Pipsgrowth.com EX10013 GoldScalper StochMomentum — Stochastic momentum fast oscillator scalper, full 12-layer stack.

XAUUSD
High RiskM5, H1
Scalping

Pipsgrowth EX10012 Momentum-Scalper

Pipsgrowth.com EX10012 MomentumArb XAUUSD 5M — momentum burst arbitrage scalper, full 12-layer stack.

XAUUSD
High RiskM5
Scalping

Pipsgrowth EX10009 Momentum-Scalper

Pipsgrowth.com EX10009 gold_scalping — MACD cross + RSI extreme momentum scalper, full 12-layer stack.

XAUUSD
High RiskM5, M15
Other

Pipsgrowth EX12016 MultiIndicatorConfluence

Pipsgrowth.com EX12016 MultiInd_XAUUSD_5M — weighted Hull/SuperTrend/HA/RSI/MACD confluence, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12029 MultiIndicatorConfluence

Pipsgrowth.com EX12029 EA_X1_A7EC5A36 — EMA/RSI crossover with diagnostics and session validation, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12032 MultiIndicatorConfluence

Pipsgrowth.com EX12032 EA101 — Advanced Gaussian bands breakout with Heiken Ashi/SuperTrend filters, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12002 MultiIndicatorConfluence

Pipsgrowth.com EX12002 MultiIndicatorConfluence v2 — enhanced 8-indicator confluence, full 12-layer stack.

XAUUSD
Medium RiskM1
Other

Pipsgrowth EX12033 MultiIndicatorConfluence

Pipsgrowth.com EX12033 EA3 — DEMA/RSI confluence EA with PSAR trailing and fixed-lot management, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12038 MultiIndicatorConfluence

Pipsgrowth.com EX12038 EURUSD_1_3_1 — Adaptive AMA+RSI+ATR+BB+Heiken Ashi scalper, full 12-layer stack.

EURUSD
Medium RiskM5, H1
Other

Pipsgrowth EX12025 MultiIndicatorConfluence

Pipsgrowth.com EX12025 EA_5_13_2025 — Adaptive volatility Gaussian bands breakout EA, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12013 MultiIndicatorConfluence

Pipsgrowth.com EX12013 Ai_EA — AI-enhanced multi-indicator confluence framework, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12017 MultiIndicatorConfluence

Pipsgrowth.com EX12017 AMLI_XAUUSD_5M — Adaptive Market Liquidity Index EA for XAUUSD, full 12-layer stack.

XAUUSD
Medium RiskM5
Other

Pipsgrowth EX12006 MultiIndicatorConfluence

Pipsgrowth.com EX12006 USDJPY MTF Matrix — H1 SuperTrend + M15 Hull + M5 EMA cross, full 12-layer stack.

USDJPY
Medium RiskM5
Other

Pipsgrowth EX12011 MultiIndicatorConfluence

Pipsgrowth.com EX12011 XAU_Professional_MultiConfirmation_EA — Multi-indicator confluence for XAUUSD, full 12-layer stack.

XAUUSD
Medium RiskM5
Scalping

Pipsgrowth EX10016 Momentum-Scalper

Pipsgrowth.com EX10016 MomentumScalp_XAUUSD_5M — momentum oscillator + EMA trend filter scalper, full 12-layer stack.

XAUUSD
High 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.