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 121 to 137 of 137 tools.
MEF Algosoft MT4 Bot
A single-order MT4 EA that manages one position at a time with hidden virtual stop and take profit; recommended on XAUUSD, indices and EURUSD, M5 or H4.
$355FREE
Mesh Forex Trading Advisor
An MT4 scalper that opens many small trades and averages into losers instead of using a stop loss on each one. Test on demo first. The structure carries real risk.
FREE
Momentum Forex Trading Expert Advisor
An MT4 robot that uses Momentum extremes to open the first order and a grid with lot multipliers to manage losing positions; includes set-files for common majors on M15 and H1.
$30FREE
MultiPair Forex MT5 EA
An MT5 EA that trades up to eight pairs with nine selectable entry modules, an on-chart dashboard, and adjustable grid and volume inputs. A conservative no-martingale mode is available.
FREE
NAS Killer Pro EA v3.0
An MT4 grid expert advisor built for NAS100 and other indices (M15/H1). High-risk grid exposure: run on demo first.
FREE
Night Shot MT4 Scalping EA
An MT4-only night-session scalper for M15 that opens 1,2 trades per day, each with a fixed stop loss and take profit. Fixed lot or automatic sizing available.
FREE
ProTm HFT MT4 EA
An MT4 automated scalper that uses time, momentum and volume ideas and runs best on H4. Designed to open one trade at a time; requires low-latency VPS for best results.
FREE
Saviour Robot V8
An MT4 EA that enters on breakouts from price channel, pivot and price action and then uses a grid to average losing positions. Demo first and treat the grid with caution.
$999FREE
Gold Mining EA
A free MT4 robot built for automated intraday gold (XAUUSD) trading. Ships as four risk builds and uses a smart martingale recovery layer.
FREE
Invictus Gold EA
A fully automated MT4 robot for gold on H1. It trades Bollinger Bands reversals one position at a time, each with a fixed stop loss and take profit.
FREE
SHREDER MT4 Forex EA
A fully automated MT4 grid robot. It adds bigger orders as price moves against it and closes the whole basket at a small target. It suits traders who understand martingale risk and are prepared to watch the news.
FREE
Steady Profit EA
A multi-currency EA for MT4. You attach it to one EURUSD M1 chart and it trades the majors and crosses listed in its inputs. Some positions stay open for days or weeks.
FREE
Super Hedge Forex Robot
A fully automated MT4 robot that pairs martingale lot sizing with hedged buy and sell baskets. Every input is open, so you decide how much risk it carries.
FREE
USDJPY Safe Expert Advisor
A fully automated MT4 EA that runs four pending order strategies on USDJPY H1. Every trade has a stop loss and take profit, and there is no martingale or grid.
FREE
Trend Following Multi-Currency EA
A fully automated MT4 robot that runs a 17-pair trend basket from a single EURUSD M1 chart. It suits a $3,000 balance or a cent account. Give it a week or more on demo before going live.
FREE
Trend Scalp EA
An MT4 scalping robot for EURUSD on M15. It buys dips in an uptrend and sells rallies in a downtrend. A grid comes in only when the trend is clear.
FREE
Ultimatum Breakout EA
Fully automated MT4 breakout robot. It enters with pending orders, keeps a small stop loss on every trade and adjusts its levels to the live spread. Recommended on EURUSD and USDJPY, H1.
$110FREE
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.