Open Source MT5 Expert Advisors
Free .mq5 source code downloads — open source automated trading robots for MetaTrader 5
24 results
Pipsgrowth EX18027 TrendFollow
Pipsgrowth.com EX18027 EN MultiIndicator — T3/ZLMA/UltraTrend consensus trend follow, full 12-layer stack.
Pipsgrowth EX18039 TrendFollow
Pipsgrowth.com EX18039 GB10 5.2 — self-contained Hull MA Trend-Follow EA, full spec stack.
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 EX18033 TrendFollow
Pipsgrowth.com EX18033 EX210 — EMA cross + HA/SuperTrend, ADX/ATRpct/BB-width regime, capital cap, full in-trade management.
Pipsgrowth EX18019 TrendFollow
Pipsgrowth.com EX18019 USDJPY_Simple_MultiIndicator — 6-indicator consensus vote, 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 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 EX18051 TrendFollow
Pipsgrowth.com EX18051 Hull_GB — Inline dual Hull MA consensus with SuperTrend/HA confirm, full 12-layer stack.
Pipsgrowth EX18034 TrendFollow
Pipsgrowth.com EX18034 EX30 — multi-filter trend consensus (Hull+SuperTrend+HA+EMA) with regime gate and capital cap.
Pipsgrowth EX18049 TrendFollow
Pipsgrowth.com EX18049 HHHH -- T3+HeikinAshi trend-follow, full 12-layer stack.
Pipsgrowth EX18017 TrendFollow
Pipsgrowth.com EX18017 HullSuperTrend_XAUUSD_5M — Hull MA + SuperTrend composite 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 EX17009 Volatility
Pipsgrowth.com EX17009 XAUUSD_M5_GaussianBands_Pro_EA — Gaussian Bands breakout with HA and SuperTrend filters, full 12-layer stack.
Pipsgrowth EX17014 Volatility
Pipsgrowth.com EX17014 gaussian2 — Gaussian2 Adaptive EA with multi-indicator auto-tuning and HTF filters, full 12-layer stack.
Pipsgrowth EX16100 Trend
Pipsgrowth.com EX16100 exModularEA_XAUUSD_5M — modular Hull MA EA for XAUUSD M5, full 12-layer stack.
Pipsgrowth EX17022 Volatility
Pipsgrowth.com EX17022 GB10_5_2 — Gaussian Band breakout with auto-tuning filters and trailing/breakeven, full 12-layer stack.
Pipsgrowth EX16096 Trend
Pipsgrowth.com EX16096 DarkCloud_PiercingLine_MFI — candlestick pattern + MFI confirmation, full 12-layer stack.
Pipsgrowth EX17015 Volatility
Pipsgrowth.com EX17015 gaussian2 — Gaussian2 Adaptive EA with multi-indicator auto-tuning and advanced filters, full 12-layer stack.
Pipsgrowth EX16109 Trend
Pipsgrowth.com EX16109 HP_Diamond_XAGUSD_M5 — High Probability Diamond EMA stack + SuperTrend flip, full 12-layer stack.
Pipsgrowth EX17002 Volatility
Pipsgrowth.com EX17002 Volatility Navigator XAUUSD 5M — BB extreme breakout + ATR body filter, full 12-layer stack.
Pipsgrowth EX18004 TrendFollow
Pipsgrowth.com EX18004 ADXTrend_XAUUSD_5M — ADX/DI trend-following EA, full 12-layer stack.
Pipsgrowth EX17019 Volatility
Pipsgrowth.com EX17019 GB10_5_2_updated — Volatility Gaussian Bands EA with adaptive breakout, 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.