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 49 to 72 of 95 tools.
Alpha Rare Forex Bot
A compact M5 scalper for MT4 that places short trades with fixed stop loss and take profit; test on demo first.
FREE
Alpha Trend Trading EA
An MT4 trend-following robot that ties stops and take profits to volatility, offers percent-risk sizing and an optional Recovery Mode.
$447FREE
Best Smart Money EA
A volatility-breakout MT4 EA for M5 with fixed stop loss and a drawdown-compensating exit algorithm. Free download at AutoFXRebate.
$149FREE
Breakout Scalping Robot MT4
An MT4 expert advisor that trades breakouts from recent highs and lows with stop orders, fixed SL/TP and a configurable trailing stop.
$197FREE
Fibot Fibonacci EA
An MT4 expert advisor that plots Fibonacci levels and enters on a 38.2 retracement breakout. Run in single-trade mode or with optional martingale and hedging.
$30FREE
Market Reversal EA
An MT4 robot focused on EURUSD mean-reversion, with 16 strategy presets and an optional averaging recovery (martingale-style) routine.
FREE
Eclipse Trading EA
An MT4-only price-action scalper that uses internal (hidden) stop-loss management and a pip-by-pip trailing stop. Best tested on M1 or M5 and major low-spread pairs.
$269FREE
Pinpoint EA
An MT4 scalper for EURUSD and GBPUSD that opens one position at a time and includes an optional lot multiplier (martingale-style).
$397FREE
Choppa EA
A fully automated MT4 expert advisor aimed at indices like US30 and US100, commonly run on M5. The package includes an MT4 expert file and install PDFs; test on demo first.
$1,200FREE
Punisher Scalper EA
An MT4 scalper EA that uses pending orders on local extrema with small stop loss and trailing stop; recommended on M30 for EURUSD, USDJPY, GBPUSD and XAUUSD.
$125FREE
AI Gold Scalping EA
An MT4 scalper for XAUUSD that opens one trade at a time, always sets a stop loss, and includes a time filter and an optional WebRequest news input.
$1,999FREE
Elite Tactics EA
A pending-order breakout EA that places orders around key levels, with hard stop loss and spread/slippage filters; default settings tuned for EURUSD on H1.
$149FREE
GOLDIFY EA
An MT4 robot focused on XAUUSD (M15) that pairs two custom indicators with a grid recovery system and a forced balance stop.
$198FREE
IS Best Gold EA
An MT4-only gold scalper for XAUUSD on M1 that uses a price-action model and a dynamic trailing stop, with no martingale.
FREE
PGM MASTER EA
An MT4 automated scalper that uses a companion indicator; runs on M5 and best on EURUSD, GBPUSD and XAUUSD. Demo first and use a low-spread account.
$2,949FREE
Awesome Scalper Pro
MT4 expert advisor that trades W%R extremes and manages adverse moves with a configurable grid and optional hedge; intended for M5 range-crosses.
FREE
EURUSD Trading Forex Robot
An MT4 expert advisor aimed at EURUSD H1 that uses Heiken Ashi plus oscillators to time reversals and manages positions with a grid and auto lot sizing.
FREE
Bitcoin Trading Bot
An MT4 EA for BTCUSD on M5 with single-position logic, news filter and built-in trade protections. Free MT4 package and install PDF at AutoFXRebate.
$1,599FREE
AlphaFlow EA
An automated EA for gold, EURUSD and US500 on H1 with a built-in news filter and volatility-based position sizing; this page provides the free MT4 file and install guide.
$599FREE
IS Lime EA
An MT4 M1 scalper for XAUUSD and EURUSD with fixed lot sizing and a stop loss on each trade; no martingale or grid.
$450FREE
Endurance EA
A free MT4 expert advisor that trades AUDUSD on M5 and uses martingale-style averaging; demo first and treat the minimum $100 guidance cautiously.
FREE
Rollover Miracle Greedy EA
An MT4 automated scalper that targets low-volatility windows, opens one to three trades a day across many pairs and uses a forced stop via forceSlPips.
FREE
Magic Blue EA v3
An MT4 scalper built for quick in-and-out trades on low-spread accounts. The EA handles exits itself, using hidden SL/TP levels.
FREE
EAPASSING US30 EA
An MT4 EA for US30 breakout trading on M5 with exposed risk controls and presets for FTMO-style challenges.
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.