Open Source MT5 Expert Advisors
Free .mq5 source code downloads — open source automated trading robots for MetaTrader 5
24 results
Pipsgrowth EX18025 TrendFollow
Pipsgrowth.com EX18025 XAUUSD TrendRider — KAMA adaptive trend follow, full 12-layer stack.
Pipsgrowth EX18040 TrendFollow
Pipsgrowth.com EX18040 GB10OOO — Gaussian EMA + ATR band breakout trend EA, full 12-layer stack.
Pipsgrowth EX18022 TrendFollow
Pipsgrowth.com EX18022 USDJPYm — EMA(9/21) cross + Hull MA + RSI + MACD + ADX, full 12-layer stack.
Pipsgrowth EX18021 TrendFollow
Pipsgrowth.com EX18021 USDJPY UT Bot — ATR trailing-stop trend follow, full 12-layer stack.
Pipsgrowth EX18028 TrendFollow
Pipsgrowth.com EX18028 TrendRider XAUUSD 5M — HA+Hull adaptive trend follow, full 12-layer stack.
Pipsgrowth EX18043 TrendFollow
Pipsgrowth.com EX18043 XAUUSD M5 v2 -- dual-Hull-MA slope consensus, full 12-layer stack.
Pipsgrowth EX18016 TrendFollow
Pipsgrowth.com EX18016 USDJPY_Hull_Supertrend_Pyramid — Hull MA + SuperTrend composite + capped pyramid, full 12-layer stack.
Pipsgrowth EX18009 TrendFollow
Pipsgrowth.com EX18009 TrendRider_USDJPY_Optimizable — Triple-EMA-stack + Hull-MA trend rider, full 12-layer stack.
Pipsgrowth EX18051 TrendFollow
Pipsgrowth.com EX18051 Hull_GB — Inline dual Hull MA consensus with SuperTrend/HA confirm, full 12-layer stack.
Pipsgrowth EX18020 TrendFollow
Pipsgrowth.com EX18020 USDJPY_Ultra_Aggressive_Martingale_EA — RSI+MACD scalper (martingale stripped, fixed-fractional), full 12-layer stack.
Pipsgrowth EX18017 TrendFollow
Pipsgrowth.com EX18017 HullSuperTrend_XAUUSD_5M — Hull MA + SuperTrend composite trend-follow, full 12-layer stack.
Pipsgrowth EX18033 TrendFollow
Pipsgrowth.com EX18033 EX210 — EMA cross + HA/SuperTrend, ADX/ATRpct/BB-width regime, capital cap, full in-trade management.
Pipsgrowth EX18046 TrendFollow
Pipsgrowth.com EX18046 HA2 XAUUSD M5 -- HeikinAshi color-change trend EA, full 12-layer stack.
Pipsgrowth EX18012 TrendFollow
Pipsgrowth.com EX18012 GenFiltered_XAUUSD_5M — regime-gated multi-filter consensus, full 12-layer stack.
Pipsgrowth EX18055 TrendFollow
Pipsgrowth.com EX18055 Hull2EA_Lite — Dual Hull MA slope trend-follow with regime gate, full 12-layer stack.
Pipsgrowth EX18008 TrendFollow
Pipsgrowth.com EX18008 TrendRider_PyramidTrend_USDJPY — Triple-EMA-stack + Hull-MA + protected-pyramid, full 12-layer stack.
Pipsgrowth EX18015 TrendFollow
Pipsgrowth.com EX18015 USDJPY_Enhanced_Aggressive_EA — multi-indicator score confluence (Hull+MACD+RSI), full 12-layer stack.
Pipsgrowth EX18027 TrendFollow
Pipsgrowth.com EX18027 EN MultiIndicator — T3/ZLMA/UltraTrend consensus trend follow, full 12-layer stack.
Pipsgrowth EX18052 TrendFollow
Pipsgrowth.com EX18052 Hull_Multi_Strategy_EA — Multi-Hull-MA consensus with ADX/ATR/BB regime, full 12-layer stack.
Pipsgrowth EX18045 TrendFollow
Pipsgrowth.com EX18045 HA2 Simple -- minimal HeikinAshi color-flip trend EA, full 12-layer stack.
Pipsgrowth EX18026 TrendFollow
Pipsgrowth.com EX18026 XAUUSD TrendRider v2 — KAMA adaptive trend follow, full 12-layer stack.
Pipsgrowth EX18030 TrendFollow
Pipsgrowth.com EX18030 EX20 XAUUSD 5M v2 — Gaussian-ATR breakout-close trend follow, full 12-layer stack.
Pipsgrowth EX18011 TrendFollow
Pipsgrowth.com EX18011 TrendStackingEA — 4-vote trend consensus, regime gate, capital cap, full 12-layer stack.
Pipsgrowth EX18047 TrendFollow
Pipsgrowth.com EX18047 HeikAshi Adaptive Scalper Pro -- HA N-color continuation, 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.