P
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

Trend

Pipsgrowth EX18072 TrendFollow

Pipsgrowth.com EX18072 T3Hull Adaptive — T3 + Hull MA dual-slope consensus, regime-gated, full 12-layer stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX18106 TrendFollow

Pipsgrowth.com EX18106 MSS_EA — Market Structure Shift detector, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18104 TrendFollow

Pipsgrowth.com EX18104 SimpleRSIReversalAUDUSD — RSI reversal in Asian session with panel, full 12-layer stack.

AUDUSD
Medium RiskM15, H1
Trend

Pipsgrowth EX18061 TrendFollow

Pipsgrowth.com EX18061 HullAverage2 — Inline dual Hull-MA slope/color consensus trend follower, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18107 TrendFollow

Pipsgrowth.com EX18107 newHullv1 — Adaptive Hull MA trend-follower, full 12-layer stack.

USDJPYEURUSDGBPUSDXAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18077 TrendFollow

Pipsgrowth.com EX18077 Hull_Donchian_Momentum — Dual Hull MA + Donchian breakout + Momentum, full 12-layer stack.

XAUUSDEURUSDGBPUSDUSDJPY
Medium RiskM5, H1
Trend

Pipsgrowth EX18073 TrendFollow

Pipsgrowth.com EX18073 Technical Trader — Dual-EMA + clustered S/R, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18100 TrendFollow

Pipsgrowth.com EX18100 RSIScalping — RSI overbought/oversold scalping with target exits, full 12-layer stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX18060 TrendFollow

Pipsgrowth.com EX18060 Hull2EAn — Dual Hull MA color consensus with regime gate, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18080 TrendFollow

Pipsgrowth.com EX18080 MTF_TrueHull_EA — Multi-TF Hull MA trend-lock with dual entry modes, full 12-layer stack.

XAGUSDXAUUSDEURUSDUSDJPY+1
Medium RiskM5, H1
Trend

Pipsgrowth EX18105 TrendFollow

Pipsgrowth.com EX18105 MM3_0_FLIP_CODEPRO — AI SAR scalper with trailing and reverse mode, full 12-layer stack.

XAUUSD
Medium RiskM1, H1
Trend

Pipsgrowth EX18088 TrendFollow

Pipsgrowth.com EX18088 ExpertMAPSARSizeOptimized — MA+PSAR with size-optimized money, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18029 TrendFollow

Pipsgrowth.com EX18029 EX20 XAUUSD 5M — HA+SuperTrend+Hull consensus trend follow, full 12-layer stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX18037 TrendFollow

Pipsgrowth.com EX18037 RoundingMA — slope-flip trend EA with full risk/regime/capital-cap stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX18021 TrendFollow

Pipsgrowth.com EX18021 USDJPY UT Bot — ATR trailing-stop trend follow, full 12-layer stack.

USDJPY
Medium RiskM15, M5
Trend

Pipsgrowth EX18051 TrendFollow

Pipsgrowth.com EX18051 Hull_GB — Inline dual Hull MA consensus with SuperTrend/HA confirm, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18009 TrendFollow

Pipsgrowth.com EX18009 TrendRider_USDJPY_Optimizable — Triple-EMA-stack + Hull-MA trend rider, full 12-layer stack.

USDJPY
Medium RiskM15, M5
Trend

Pipsgrowth EX18052 TrendFollow

Pipsgrowth.com EX18052 Hull_Multi_Strategy_EA — Multi-Hull-MA consensus with ADX/ATR/BB regime, full 12-layer stack.

XAUUSD
Medium RiskM5, H1
Trend

Pipsgrowth EX18016 TrendFollow

Pipsgrowth.com EX18016 USDJPY_Hull_Supertrend_Pyramid — Hull MA + SuperTrend composite + capped pyramid, full 12-layer stack.

USDJPY
Medium RiskM15
Trend

Pipsgrowth EX18055 TrendFollow

Pipsgrowth.com EX18055 Hull2EA_Lite — Dual Hull MA slope trend-follow with regime gate, full 12-layer stack.

XAUUSD
Medium RiskM5, M15
Trend

Pipsgrowth EX18014 TrendFollow

Pipsgrowth.com EX18014 USDJPY_Efficient_MultiIndicator — 5-indicator confluence vote, full 12-layer stack.

USDJPY
Medium RiskM15, M5
Trend

Pipsgrowth EX18047 TrendFollow

Pipsgrowth.com EX18047 HeikAshi Adaptive Scalper Pro -- HA N-color continuation, full 12-layer stack.

XAUUSD
Medium RiskM5
Trend

Pipsgrowth EX18015 TrendFollow

Pipsgrowth.com EX18015 USDJPY_Enhanced_Aggressive_EA — multi-indicator score confluence (Hull+MACD+RSI), full 12-layer stack.

USDJPY
Medium RiskM15, M5
Trend

Pipsgrowth EX18045 TrendFollow

Pipsgrowth.com EX18045 HA2 Simple -- minimal HeikinAshi color-flip trend EA, 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.