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Forex Trading for Beginners What Is an Expert Advisor? Grid Trading Strategy: Complete Guide EUR/USD Technical Analysis Guide Forex Risk Management Guide Lot Sizes and Position Sizing Explained How to Use a Demo Account How to Backtest a Forex EA
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Our Expert Advisors

Rules-based automated trading tools, free to download

Free

SteadyPips EA

A trend-following Expert Advisor that uses multi-timeframe analysis and dynamic position sizing to capture steady pips in trending markets.

  • Multi-timeframe trend detection (H1/H4/D1)
  • Dynamic stop-loss & take-profit
  • Built-in risk management (max 2% per trade)
  • Optimized for EURUSD, GBPUSD, USDJPY
  • MT4 & MT5 compatible
Learn More Download
Free

GridMaster EA

A grid trading system that works market oscillation with adaptive grid spacing and five independent layers of equity protection.

  • Adaptive grid spacing algorithm
  • Equity drawdown protection (customizable)
  • Auto lot-size calculation
  • Works best in ranging/volatile markets
  • MT4 & MT5 compatible
Learn More Download
Free

BreakWave EA

A Bollinger Bands squeeze breakout system that catches major moves after periods of low-volatility compression, with ADX trend confirmation.

  • Bollinger Bands squeeze detection
  • ADX directional filter for entries
  • ATR-based dynamic stop-loss & take-profit
  • Trailing stop to lock in breakout moves
  • MT4 & MT5 compatible
Learn More Download
Free

TripleAlign EA

A trend-following system that requires triple EMA alignment (20/50/200) with ADX confirmation before entering, so only the strongest trends are traded.

  • Triple EMA alignment (20/50/200)
  • ADX trend strength filter (>25)
  • ATR-based dynamic stops with trailing
  • Overextension filter to avoid chasing
  • MT4 & MT5 compatible
Learn More Download
Free

SnapBack EA

A patient mean-reversion system that fades statistically overextended moves — price outside 3-sigma Bollinger Bands with RSI exhaustion — and takes quick, symmetric profits.

  • 3-sigma Bollinger Band extreme detection
  • RSI(14) exhaustion confirmation
  • Symmetric 2.0× ATR stop-loss & take-profit
  • One position at a time — no averaging down
  • MT4 & MT5 compatible
Learn More Download
Free

QuickPulse EA

A contrarian dip-buyer that enters when fast RSI hits a washout extreme, risks a tight 1.3× ATR stop, and lets the recovery run to a 6× ATR target.

  • Fast RSI(6) washout detection at 25/75 crossings
  • Asymmetric 1 : 4.6 risk-reward profile
  • Tight 1.3× ATR stop, 6.0× ATR target
  • One position at a time — every trade fully stopped
  • MT4 & MT5 compatible
Learn More Download
Free

DualHorizon EA

A two-timeframe trend rider: EMA(25/100) crossovers filtered by ADX strength and the H4 trend direction, holding winners to a 6× ATR target with a trailing stop.

  • EMA(25/100) crossover entries
  • H4 higher-timeframe trend gate
  • ADX(12) strength + direction filter
  • 6.0× ATR target with 1.0× ATR trailing stop
  • MT4 & MT5 compatible
Learn More Download

How It Works

1

Open an Account

Sign up for a free XM trading account through our partner link. It takes less than 5 minutes.

2

Register Your Account

Register your MT4 account number to activate your free EA license. Then download instantly.

3

Start Trading

Install the EA on your MetaTrader platform, configure your risk settings, and test on a demo account before committing capital.

Why SteadyPips?

Everything you need to start automated forex trading

$0

Free to Download

No fees and no subscriptions. Running an EA does require a live XM account opened through our partner link — that commission is how the EAs stay free.

⚠

Risk Controls Built In

Every EA includes position sizing, stop-loss, and equity limits. These limit how much a single configuration can lose; they do not make automated trading safe.

⚡

5-Minute Setup

Download, install, configure. Start automated trading in minutes with our step-by-step guides.

📈

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7 Free Expert Advisors
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Don't take our word for it: see the published backtest results and methodology for every EA, and our editorial policy for how they're built, tested, and reviewed.

Ready to Automate Your Trading?

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Not ready to trade? The guides and daily analysis stay free either way, and our free Telegram channel posts EUR/USD levels three times a day.

Important Risk Disclaimer

Trading foreign exchange (Forex) 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. There is a possibility 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. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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

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.

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.