Free EAs and indicators
Every tool here is free to download for MT4 and MT5, with a setup guide and a list of its weak points. You do not need an account.
Free tools
Showing 1 to 24 of 95 tools.
Best RSI Indicator
A trend-following rebuild of the RSI, free and open-source, ported to MetaTrader 4 and 5.
FREE
Belkaglazer EA
A multi model strategy framework for MT4 and MT5, built around four trading models and layered filters rather than one fixed rule.
$499FREE
Forex Order Manager Trade Panel
A manual risk and order management panel for MT4, not an automated robot. You choose the trades, it sizes and manages them.
$50FREE
Forex Trade Copier MT4/MT5
A local trade copier that mirrors positions between MT4 and MT5 terminals in any direction, with lot scaling, symbol filters and reverse copy.
$75FREE
Forex Trade Manager MT4
An MT4 trade management panel that calculates lot size from risk, places one-click market and pending orders, and adds exit tools including optional stealth stops.
$99FREE
Gold Breakout EA
A daily breakout robot for XAUUSD on MT4 and MT5. Every trade has a fixed stop, and a trailing stop protects winners.
$649FREE
Gold Grid Strategy EA
An MT5 grid robot that trades XAUUSD with trend-aligned baskets, 12 internal strategies and optional drawdown cutoff; no per-basket hard stop by design.
$1,199.99FREE
4X Wave Indicator System
An MT4 arrow indicator bundle with three ready templates and a Risk Calculator EA to compute lot sizes for manual trading.
$249FREE
5 in 1 One Strategy MT5 Robot
An MT5 EA that chooses one of five entry methods per signal; best used on XAUUSD and major pairs on M30 or H1. Martingale is off by default.
$199FREE
Awesome Sauce FREE MT5 Robot
An MT5 expert advisor focused on EURUSD H1 with 116 pre-optimized presets and fixed lot sizing. Free package includes install PDF.
FREE
Boom & Crash Index EA (MT5)
An MT5 expert advisor for Deriv synthetic indices that uses a Smart Recovery re-entry routine and runs best on M1, M5. Test on demo and keep position sizing conservative.
$40FREE
Best Correlation FREE Forex EA
An MT4-only correlation basket EA with a dashboard, Power Factor modes and optional grid. Demo first and keep grid and remove-SL options under tight control.
FREE
FireStorm Scalper EA V5
An MT4 grid and hedging EA with optional martingale and many ready set files; designed for XAUUSD on H1 but configurable for indices and FX.
FREE
Dark Mimas Highly Customizable EA
A fully automated scalper that reads the Dark Oscillator. Highly configurable inputs, optional martingale and grid modes. Use demo first and keep recovery modes off until you understand the risks.
FREE
Epignosis MetaTrader Robot
A timed session breakout EA that places buy and sell pending orders around a reference candle; built for indices, commodities and major FX pairs.
FREE
Adjustable MA Forex Expert Advisor
A simple, customizable two-moving-average EA for MT5. Designed as a study and backtest template rather than a live trading system.
FREE
Advanced MT4 Gold EA
A gold-focused EA that enters on corrections and uses averaging to recover; includes a news filter and Auto GMT support.
$2,500FREE
Automatic News Trader EA
An MT4 expert advisor that opens buy stop and sell stop pendings around scheduled high-impact news. It runs on any pair and timeframe, and traders mostly run it on majors around releases.
FREE
Alpha Gen EA
An MT4 EA that uses pending orders at key levels and applies a stop loss and trailing stop to every trade, recommended for XAUUSD on H1.
$80FREE
Ultimate Trade Assistant
A manual trade management panel for MT4 that turns entry, sizing and advanced order management into one‑click actions. Run on demo first and set account caps before real-size trading.
$80FREE
Mastermind Grid Trading EA
A grid trading EA that layers recovery trades and a martingale-style multiplier; designed for GBPUSD on M15. Demo first, keep grid risk controls on.
$297FREE
Nightmare Panther EA
An MT4 automated EA tuned for AUDCAD on M15 with fixed stop loss and take profit, capped open trades and daytrading behaviour.
FREE
AlgoTradeSoft Innovative EA
An MT4-only breakout EA that marks key support and resistance, opens trades on breaks, and uses adaptive trailing rules to manage exits.
$29,999FREE
Neurotron EA MT4
An MT4 expert advisor that targets the London session open on M15 using CCI and Bollinger Bands; includes set files for GBPUSD and EURCHF and ships as an MT4 package.
FREE
Questions about these EAs
Do the EAs cost anything?
No. Every robot here is free.
Does using an EA affect my rebate?
No. The rebate is computed from the volume you traded, whether the order was placed by hand or by an EA.
Do these EAs guarantee a profit?
No, and nobody can. Leveraged trading always carries the risk of losing capital. Test on a demo account before running anything with real money.
How do I install one?
Copy the file into the platform's MQL folder, restart the terminal, then drag the EA onto a chart. Each product states whether it runs on MT4 or MT5.