Open Source MT5 Expert Advisors
Free .mq5 source code downloads — open source automated trading robots for MetaTrader 5
24 results
Pipsgrowth EX05003 Hedge
Pipsgrowth.com EX05003 Tokyo Intervention Hedger — asymmetric dual-engine (SMC-long / PDL-short) hedge, full 12-layer stack.
Pipsgrowth EX03020 Grid
Pipsgrowth.com EX03020 GridScalperMA — dynamic grid with MA trend filter, full 12-layer stack.
Pipsgrowth EX03027 Grid
Pipsgrowth.com EX03027 Gold_EMA_SuperTrend — EMA crossover + SuperTrend pyramid scalper, full 12-layer stack.
Pipsgrowth EX03021 Grid
Pipsgrowth.com EX03021 GridXPro — grid with optional martingale for major pairs, full 12-layer stack.
Pipsgrowth EX05007 Hedge
Pipsgrowth.com EX05007 CorrelationHedging — EURUSD/GBPUSD correlation divergence hedge, full 12-layer stack.
Pipsgrowth EX03022 Grid
Pipsgrowth.com EX03022 HedgingGridEA — hedging + grid recovery, full 12-layer stack.
Pipsgrowth EX01004 Adaptive
Pipsgrowth.com EX01004 AdaptiveForexMaster Fixed — multi-adaptive confirmation EA, full 12-layer stack, configurable timeframe, trailing/BE/profit-lock toggles, pyramid gate, spread filter, new-bar gate, filling mode detection.
Pipsgrowth EX02008 Breakout
Pipsgrowth.com EX02008 GB10 Donchian XAUUSD 5M — inline Donchian channel breakout, full 12-layer stack.
Pipsgrowth EX01009 Adaptive
Pipsgrowth.com EX01009 AdvancedAdaptiveEA — EMA crossover with RSI pyramid and trend MA, full 12-layer stack, configurable timeframe, trailing/BE/profit-lock toggles, pyramid gate, spread filter, new-bar gate, filling mode detection.
Pipsgrowth EX02021 Breakout
Pipsgrowth.com EX02021 Donchian_XAUUSD_5M — Donchian breakout with ATR/RSI/MACD filters, full 12-layer stack.
Pipsgrowth EX01018 Adaptive
Pipsgrowth.com EX01018 AdaptiveVol XAUUSD 5M — adaptive volatility breakout, full 12-layer stack.
Pipsgrowth EX02003 Breakout
Pipsgrowth.com EX02003 XAU Breakout Pro — deterministic Donchian breakout with body-strength + BB expansion + volume confirm.
Pipsgrowth EX01010 Adaptive
Pipsgrowth.com EX01010 USDJPY GPU Adaptive EA — GPU-accelerated multi-indicator adaptive EA, full 12-layer stack, configurable timeframe, filling mode detection, retry logic, configurable BE/profit-lock, pyramid gate, spread filter, new-bar gate.
Pipsgrowth EX01016 Adaptive
Pipsgrowth.com EX01016 EX6 GBPUSD Adaptive Auto-Filter Scalper — ADX regime switch scalper, full 12-layer stack.
Pipsgrowth EX02005 Breakout
Pipsgrowth.com EX02005 XAUUSD 111 — N-bar channel breakout + 5-factor AND gate confirm, full 12-layer stack.
Pipsgrowth EX02011 Breakout
Pipsgrowth.com EX02011 Hull GB Breakout — Gaussian EMA + ATR bands + Hull MA + HA color, full 12-layer stack.
Pipsgrowth EX02009 Breakout
Pipsgrowth.com EX02009 GB10OOO XAUUSD 5M — Gaussian-ATR band breakout + HA + SuperTrend confirm, full 12-layer stack.
Pipsgrowth EX01006 Adaptive
Pipsgrowth.com EX01006 AdaptiveScalp XAUUSD 5M — Donchian breakout with ATR regime switch, configurable timeframe, filling mode detection, full 12-layer stack.
Pipsgrowth EX01014 Adaptive
Pipsgrowth.com EX01014 EX10 Hurst-Delta Adaptive Microstructure Scalper — BB+RSI mean-reversion scalper, full 12-layer stack.
Pipsgrowth EX01005 Adaptive
Pipsgrowth.com EX01005 AdaptiveGoldPyramid — EMA crossover with ADX filter and ATR pyramiding, configurable timeframe, filling mode detection, spread filter, full 12-layer stack.
Pipsgrowth EX02030 Breakout
Pipsgrowth.com EX02030 BreakoutHunter — S/R breakout with volume confirmation, full 12-layer stack.
Pipsgrowth EX01003 Adaptive
Pipsgrowth.com EX01003 AdaptiveForexMaster FillingMode Fixed — multi-adaptive confirmation EA, full 12-layer stack, configurable timeframe, trailing/BE/profit-lock toggles, pyramid gate, spread filter, new-bar gate.
Pipsgrowth EX01015 Adaptive
Pipsgrowth.com EX01015 EX10 Hurst-Delta Adaptive Microstructure Scalper — Hurst regime + tick delta, full 12-layer stack.
Pipsgrowth EX02006 Breakout
Pipsgrowth.com EX02006 GB1.5 XAUUSD 5M — Gaussian EMA + ATR band breakout-close, full 12-layer stack.
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.
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
Open MT5, click File → Open Data Folder from the top menu
- 2
Navigate to MQL5 → Experts and paste the downloaded .mq5 file
- 3
In MT5, right-click Expert Advisors in the Navigator panel and click Refresh
- 4
Drag the new EA from the Navigator onto any chart
- 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.
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.