What are Expert Advisors for MetaTrader 5?

Expert Advisors are MQL-based trading tools for MetaTrader 5 used for automation, analysis, or extending trading functionality.

How do I install Expert Advisors in MetaTrader 5?

Download the file and place it in the correct MetaTrader 5 data folder (Experts, Indicators, Scripts or Libraries), then restart the platform.

Are Expert Advisors for MetaTrader 5 free?

Yes, most Expert Advisors listed here are free source code examples for educational and development use in MetaTrader 5.

Can I edit Expert Advisors for custom trading strategies?

Yes, with basic MQL4 or MQL5 knowledge, you can modify Expert Advisors to match your trading strategy.

MetaTrader MT5 Expert Source Code Downloads

Showing 1557 results

MetaTrader 5 expert advisor

Examples from the book "Neural networks for algorithmic trading with MQ L5"

The book "" is your go-to guide for learning how to use machine learning and neural networks in trading. This book is intended for algorithmic traders who want to learn how to crea...

MetaTrader 5 expert advisor

Simple Code for Detect A "New Bar or New Candle " Received

This code block detectsa New Baror a New Candlewhen it has received.the basic principle of the codes is very simple. First the code stores theTime of the previous bar / Candle. (Th...

MetaTrader 5 expert advisor

Code Block for "Trailing Stop" based on current market price. (Ask / Bid)

This code block works if you use either a Stop Loss or Not. Requirements You need to include"Trade.mqh " to get access to theCTradeclass which allows you to work with positions an...

MetaTrader 5 expert advisor

A Code block to detect A "New Candle/Bar" using bars history (very effective way)

In previous code I used thetimeto detect a new bar. This time let's use the bars countto detect a new bar. it's waylighter and fasterthan using the time method.Declare the variable...

MetaTrader 5 expert advisor

Code blocks for "Counters" like Count "X" time and pass

01. Count "X" Times and then pass. Step 01- Created a variable for set the count limit.you can use it as an input parameteras well of optimization in your code. Step 02- Create ano...

MetaTrader 5 expert advisor

Simple Yet Effective Breakout Strategy

The basic premise of the strategy:Buy/Cover as soon asthe price breaks above n bars high Short/sell as soon asthe price breaks below n bars low Backtested on USDJPY 2013-2023, let'...

MetaTrader 5 expert advisor

Quick Trade Keys123

Download the source code for this expert advisor

MetaTrader 5 expert advisor

Trailing with Close by Button and Profit

all orders This EA is modification of this How to use : 1. Add this EA for any symbol2. Set the variable value that you need to TP, SL, Trailing, Closing, Treshold of Profit or Los...

MetaTrader 5 expert advisor

Check Last Closed Trade (Profit / Type / Symbol etc. )

With this code block, you can get the last closed trade data without using loops.Create a variable to set the current day start time. (This is not necessary to do.) Create some oth...

MetaTrader 5 expert advisor

Get Nth Active Trade from the end in MT5

This particular expert advisor contains a very useful code which is often required by the developers. Most of the time , we need the last active trade. But in this EA you can searc...

MetaTrader 5 expert advisor

Get Nth Closed Trade from the end in MT5

This particular expert advisor contains a very useful code which is often required by the developers. Most of the time , we need the last closed trade. But in this EA you can searc...

MetaTrader 5 expert advisor

Breakout Strategy with Prop Firm Helper Functions

Hello all,This is an update of the "". In this code, I have added some helper functions for prop firm challenges.Generally, to pass a prop firm challenge, you need to satisfied thr...

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MT5 Expert Advisors • MT5 Indicators • MT5 Scripts • MT5 Libraries • MT4 Expert Advisors • MT4 Indicators • MT4 Scripts • MT4 Libraries

RobotFX does not own any of the code provided on this platform. All tools are freely available on the internet; we simply index and re-offer them for download. We are not responsible for any financial losses that may occur. Trading responsibilities rely solely on the traders downloading and using the displayed Expert Advisors, indicators, and scripts. These tools are provided for educational purposes only and may require modification or optimization to align with a trader's specific strategy or needs.