Download Free Expert Advisors

Free Expert Advisors for MetaTrader 4 & 5

Get started with automated forex trading using our seven free Expert Advisors. Each EA ships in both MT4 (.ex4) and MT5 (.ex5) builds — pick whichever platform you trade on. All EAs are completely free and include built-in risk management features.

What You Get — All Seven EAs at a Glance

Every row below links to the EA’s full page, where you can read the entry logic, configuration, and (where we have one) the published backtest before you register anything.

EAStrategyMarket PhasePlatformBacktest Status
SteadyPipsEMA(12/26) crossover with EMA(200) trend filterTrending marketsMT4 & MT5No published backtest table yet — the equity curve shown is an illustrative simulation, not a measured result (why)
GridMasterGrid trading with 5-layer risk protectionRanging marketsMT4 & MT5 (hedging account)No published backtest table yet — illustrative simulation only (why)
BreakWaveBollinger Bands squeeze breakout + ADX confirmationRange-to-breakout transitionsMT4 & MT5No published backtest table yet — illustrative simulation only (why)
TripleAlignTriple EMA (20/50/200) alignment + ADX confirmationStrong, sustained trendsMT4 & MT5No published backtest table yet — illustrative simulation only (why)
SnapBack3-sigma Bollinger Band + RSI mean reversionRanging / statistically overextended movesMT4 & MT5Passed our quality gate on EUR/USD (PF 1.65) and GBP/USD (PF 1.57); did not pass on USD/JPY — corrected July 30, 2026 figures
QuickPulseFast-RSI(6) contrarian dip buyingMomentum washout momentsMT4 & MT5Did not pass on any tested pair; retired from our live-use recommendation after the July 30, 2026 backtest correction — demo/study only
DualHorizonEMA(25/100) crossover + ADX + H4 trend gateSustained multi-timeframe trendsMT4 & MT5Passed our quality gate on EUR/USD only (PF 1.41); did not pass on GBP/USD or USD/JPY — corrected July 30, 2026 figures

All backtest figures above are hypothetical results from our Python testing pipeline, not live-account performance — see the full methodology and results for test conditions and the quality-gate definition.

Before You Register

Activating an EA below requires an XM MT4 or MT5 account number, opened through our XM affiliate link — we’re an Introducing Broker and earn a commission on that account, which is how the free EAs are funded (see our affiliate disclosure). After you enter your account number and email, our system verifies the account against that IB relationship and unlocks all seven downloads immediately; no separate approval step or waiting period. You do not need to fund the account to download and inspect the EAs, but they need a funded live or demo account to actually place trades.

🚀 Already have an XM account? Activate your free EAs with the form below — instant, one step. 🆕 No XM account yet? Open one free in 5 minutes — minimum deposit $5.

Activate Your Free EA — One Step

Enter your XM MT4/MT5 account number to unlock all seven EAs. No second page, no email back-and-forth.

Your 6–10 digit XM MT4 or MT5 account number — both work, same verification
Required — we email your setup guide and EA update notifications

By activating you accept our terms and the risk disclosure. We don't share your data.

The 7 Free EAs (preview)

EAStrategyBest for
SteadyPipsEMA trend followingBeginners — conservative, low drawdown
GridMasterGrid tradingRanging markets — XAU, EUR/USD
BreakWaveBollinger squeeze breakoutVolatility expansion phases
TripleAlignTriple-EMA + ADX trendHigher-conviction trend entries
SnapBack3-sigma BB + RSI mean reversionFading overextended moves — EUR/USD, GBP/USD
QuickPulseFast-RSI contrarian dip buyingDemo study only — no pair passes our gate
DualHorizonEMA cross + H4 trend gateFewer, larger trend trades — EUR/USD

Not Ready to Open an Account Yet?

How to Get Started

  1. Open an XM Trading AccountClick here to open your free account (5 min)
  2. Fund it with $200+ — the minimum the EAs are designed for (deposit walkthrough)
  3. Activate & Download — Enter your MT4 account number in the form at the top of this page
  4. Install & Trade — Follow our installation guide and first-trade checklist


System Requirements

  • MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform — each EA ships in both .ex4 and .ex5 builds
  • XM Trading account (open free account ) — the same account number works for MT4 and MT5
  • For MT5 GridMaster: an XM Standard (hedging) MT5 account is recommended; the grid logic relies on multiple simultaneous positions per symbol
  • Minimum recommended deposit: $200 — XM’s floor is $5, but below $200 the EAs’ risk settings can’t size positions safely (how to deposit)
  • VPS recommended for 24/7 operation
  • Add https://api.steadypips.net to Tools → Options → Expert Advisors → Allow WebRequest for listed URL on first launch (required for license verification)

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Affiliate Disclosure: This page contains affiliate links. If you open an XM account through our links, we may receive a commission at no additional cost to you. This helps us continue developing and providing free trading tools.

Risk Warning: Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment, and therefore you should not invest money that you cannot afford to lose. Past performance is not indicative of future results.

Disclaimer: The information provided on this website is for educational and informational purposes only. Nothing on this site constitutes financial advice, investment advice, trading advice, or any other sort of advice. You should not treat any of the website's content as such. SteadyPips does not recommend that any financial instrument should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Past performance is not indicative of future results. Trading results shown on this website are hypothetical and do not guarantee future performance.

Affiliate Disclosure: This website contains affiliate links. If you sign up with a broker through our links, we may receive a commission at no additional cost to you. This helps us maintain this website and continue providing free trading tools and educational content.