Free MT5 Indicators and EAs

Free MetaTrader 5 downloads

Free MT5 Indicators and EAs

Original MT5 tools written and compiled by Be4TradingForex, with full source code: trailing stop EA, session boxes, pivot points, position size panel and a trend indicator with alerts.

Free MetaTrader 5 indicators and Expert Advisors written by Be4TradingForex: every download includes the compiled .ex5 file and the full .mq5 source code, compiled with zero errors and zero warnings. No email, no license key, no DLLs.

Free MT5 downloadFree MT5 Trailing Stop EA (Pips, Breakeven, Source Code)Free MetaTrader 5 trailing stop EA: trails in pips after a profit threshold, moves to breakeven and manages…3 min read
Free MT5 downloadForex Sessions Indicator for MT5 (New York Time)Free MT5 forex sessions indicator: Sydney, Tokyo, London and New York session boxes in Eastern Time, with automatic…2 min read
Free MT5 downloadPivot Points Indicator for MT5 (Classic, Fibonacci, Woodie, Camarilla)Free MT5 pivot points indicator: daily, weekly or monthly levels with Classic, Fibonacci, Woodie and Camarilla formulas. Includes…2 min read
Free MT5 downloadPosition Size Indicator for MT5 (Drag the Stop, Get the Lots)Free MT5 position size indicator: drag the stop-loss line and the panel shows lots for your risk %,…2 min read
Free MT5 downloadTrend Indicator for MT5 with Alerts (ATR Trend Line and Arrows)Free MT5 trend indicator with buy/sell arrows and pop-up or push alerts: an ATR trend line that flips…2 min read

What You Can Download

  • Trailing Stop EA: trails stops in pips, with a start threshold and breakeven step, on every position.
  • Sessions (ET): Sydney, Tokyo, London and New York session boxes in New York time.
  • Pivot Points: Classic, Fibonacci, Woodie and Camarilla levels, daily, weekly or monthly.
  • Position Size panel: drag the stop line and read the lot size for your risk percentage.
  • ATR Trend with alerts: trend line, buy and sell arrows, pop-up and phone alerts.

Why Our MT5 Tools Are Different

  • Open source: you can read exactly what each program does before you run it.
  • Safe by design: the indicators never trade, and the trailing stop EA only ever tightens stops.
  • Consistent with our calculators: pivots and position sizes match the online free forex tools.
  • Built for US traders: New York session times, FIFO-friendly trade management, no hedging tricks.

Guides for MT5 Users

MT5 guideHow to Install Custom Indicators and EAs in MT5 (and Fix Them)Install custom indicators and Expert Advisors in MetaTrader 5 step by step, .ex5 vs .mq5 explained, and 8…3 min read
MT5 guideMT4 vs MT5: Which Platform Should US Forex Traders Use?MT4 vs MT5 compared: timeframes, order types, indicators, strategy tester, netting vs hedging and what US traders should…3 min read
MT5 guideWhat Is an Expert Advisor (EA)? How Forex Robots WorkWhat a MetaTrader Expert Advisor is, how forex robots work, the main EA types and their risks, how…3 min read
MT5 guideHow to Backtest an EA in the MT5 Strategy Tester (Step by Step)Back-test an Expert Advisor in the MT5 Strategy Tester: settings, real-tick modelling, forward testing, reading the report and…3 min read
MT5 guideEA Optimization Without Overfitting: Out-of-Sample and Walk-Forward TestingHow to optimize a forex EA without overfitting: in-sample vs out-of-sample, MT5 forward testing, walk-forward analysis and choosing…3 min read
MT5 guideHow to Run an EA 24/7 on a VPS (MT5 Virtual Hosting vs Windows VPS)Keep MetaTrader EAs running 24/7: MT5 built-in virtual hosting vs your own Windows VPS, migration, latency, monitoring and…3 min read

Installing in 30 Seconds

  1. In MT5, choose File → Open Data Folder → MQL5.
  2. Copy indicators to Indicators and EAs to Experts.
  3. Right-click the Navigator and choose Refresh, then drag the tool onto a chart.

Full instructions and fixes: how to install indicators in MT5. Still on MetaTrader 4? See our free MT4 indicators.

All tools are free for personal use and provided for education. Test every indicator and EA on a demo account first; trading forex on margin carries a high level of risk.