Free MT5 EA For FOREX

Access to the EA is completely free.
Create, customise and backtest your own strategies.

Live trading requires license key.

You link your broker. Your broker pays us rebate at no cost to you.

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One Live Account Access: Free / month
Setup takes less than 10minutes.

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XAUUSD Case Study:

XAUUSD is the exchange rate quote for Gold vs US dollar. Exchange rate weakened today by 120$ on Mon, 4th of May, 2026. We are discussing a weekly trade that could have been taken today using a simple strategy of using the highs and lows of weekly candles, aka the wicks, as support and resistance zones, while utilising the open price as a reference price against these points.

Weekly trades are easier to plan. Higher risk to reward ratios. Entire weekend to scour price action across assets. Since weekly timeframe is a higher timeframe we are positioning ourselves with the tide, rather than against. Using this simple methodology, we can get a fair idea of short term movement where price may react.

We zoom in to execute on a smaller TF.

Now this trade, fundamentally speaking was more likely to go the way it did. Why? Tensions in Middle East have relatively eased for the time being and Gold had a spectacular run up because of Iran war and inflation fears related to increasing oil prices and USD weakening because of uncertain US policy so Gold eventually soared quite a bit and when an asset soars quite a bit, quite fast, it is likely to pullback which Gold does just as fast. We also see that last 2 candles are bearish which increased the chances of a downside move.

Whether this may sustain till end of week is a different issue, but the goal is to plan either high probability trades or high win rate scalps around the best possible intel we possess at a specific point in time to increase odds of success. As new price action data comes in, we plan and adjust accordingly managing our drawdown at all times.

Have a look at the charts below:

How Our MetaTrader5 Expert Advisor helps

A range of possibilities open up:

First off, when conditions of your trade are met, you simply turn on the EA.

Specify the Risk to Reward ratio you want.

Specify the maximum amount of tries before abandoning the trade.

You can specify the max loss in dollars per day as well.

You can specify the max profit in dollars per day as well.

You can choose to scale in as price moves in your favour by selling more as market falls more.

This reduces your upfront risk and increases the size of your winners asymmetrically.

You can also control every single factor in how you layer your orders.

You can choose to scalp using a data backed strategy once conditions are met further increasing the probability of success.

There are 100 features which supercharge the execution of your trades.

Remember to request your broker for a free Virtual Private Server VPS, where you can deploy your EA.

Message us with your VPS details. We will install the EA on your server for you for 5$.

You can choose to install yourself which is very easy to do. We provide you with instructions.

Once successfully installed, you can download iOS or Android Remote Desktop Application and access the EA from your phone.

You can create as many settings files or setfiles as you want, save them.

For example: 1file for 1:3RR trades with maximum 3 tries with lot size of 0.1

Another example: 1file for buying 0.01 lots every 15pips with maximum orders of 10 only and max loss per day of 100$ only.

Unlimited ways to express your trades.

When a trade arrives, you have your file already preloaded, you simply go to chart and turn on.

We take an inside out approach towards trading. Here, you learnt just a fraction of what we truly offer. Just 1 use case. If you are a professional algo trader, fund manager or investor with more than 10,000$ in capital, contact us for consulting to turn your trading into a scalable quant finance business.