Open Source MT5 Expert Advisors
Free .mq5 source code downloads — open source automated trading robots for MetaTrader 5
24 results
Pipsgrowth EX17018 Volatility
Pipsgrowth.com EX17018 GB100 — Volatility Gaussian Bands EA with multi-filter confirmation, full 12-layer stack.
Pipsgrowth EX17021 Volatility
Pipsgrowth.com EX17021 GB10_5_2_updated5 — Adaptive Gaussian Band breakout with 3 strategy modes, full 12-layer stack.
Pipsgrowth EX16106 Trend
Pipsgrowth.com EX16106 HullEA — four Hull indicator trend EA with ATR risk management, full 12-layer stack.
Pipsgrowth EX17008 Volatility
Pipsgrowth.com EX17008 GoldScalper_BollingerBreakout_VolatilitySqueeze — BB squeeze breakout gold scalper, full 12-layer stack.
Pipsgrowth EX17020 Volatility
Pipsgrowth.com EX17020 GB10_5_2_updated — Gaussian Band breakout with multi-MA confirmation and extensive filters, full 12-layer stack.
Pipsgrowth EX17023 Volatility
Pipsgrowth.com EX17023 GB10_5_2_OPTIMIZED — Memory-optimized Gaussian Band breakout, full 12-layer stack.
Pipsgrowth EX16102 Trend
Pipsgrowth.com EX16102 GUNEA — Hull trend EA with modular confirmations and advanced exits, full 12-layer stack.
Pipsgrowth EX18006 TrendFollow
Pipsgrowth.com EX18006 TrendRider_Adaptive — ATR-Adaptive EMA-Trend Rider, full 12-layer stack.
Pipsgrowth EX16099 Trend
Pipsgrowth.com EX16099 Hull2EA — four Hull indicator trend EA with advanced exit strategies, full 12-layer stack.
Pipsgrowth EX17007 Volatility
Pipsgrowth.com EX17007 GoldScalper_ATRBurst_RangeBreakout — ATR burst range breakout gold scalper, full 12-layer stack.
Pipsgrowth EX17003 Volatility
Pipsgrowth.com EX17003 Good_after_GPT_comments — adaptive volatility trend scalper with dynamic additions, full 12-layer stack.
Pipsgrowth EX17012 Volatility
Pipsgrowth.com EX17012 gaussian — Gaussian Adaptive EA with ADX/MACD/RSI auto-tuning, full 12-layer stack.
Pipsgrowth EX16107 Trend
Pipsgrowth.com EX16107 JMAEA — JMA trend EA with Hull confirmation and advanced exits, full 12-layer stack.
Pipsgrowth EX18001 TrendFollow
Pipsgrowth.com EX18001 Triple_MA_EA — Triple EMA stack trend-following EA, 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 EX17014 Volatility
Pipsgrowth.com EX17014 gaussian2 — Gaussian2 Adaptive EA with multi-indicator auto-tuning and HTF filters, full 12-layer stack.
Pipsgrowth EX16096 Trend
Pipsgrowth.com EX16096 DarkCloud_PiercingLine_MFI — candlestick pattern + MFI confirmation, 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 EX17005 Volatility
Pipsgrowth.com EX17005 10.5_335.2 — modular adaptive volatility trend rider with Donchian signals, 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 EX17009 Volatility
Pipsgrowth.com EX17009 XAUUSD_M5_GaussianBands_Pro_EA — Gaussian Bands breakout with HA and SuperTrend filters, full 12-layer stack.
Pipsgrowth EX16098 Trend
Pipsgrowth.com EX16098 DarkCloud_PiercingLine_Stoch — candlestick pattern + Stochastic confirmation, full 12-layer stack.
Pipsgrowth EX17016 Volatility
Pipsgrowth.com EX17016 GB_1_4 — Universal EA template with Donchian Channel breakout, full 12-layer stack.
Pipsgrowth EX16103 Trend
Pipsgrowth.com EX16103 Hull2EA — four Zero Lag T3 indicator trend EA, 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.