Download Free Expert Advisors

Free Expert Advisors for MetaTrader 4

Get started with automated forex trading using our professionally developed Expert Advisors. Both EAs are completely free and include built-in risk management features.

How to Get Started

  1. Open an XM Trading Account — Click here to open your free account
  2. Register Your Account — Enter your MT4 account number on our registration page
  3. Download Your EA — Choose from the options below
  4. Install & Trade — Follow our installation guide

SteadyPips EA — Trend Following

A conservative trend-following EA that uses EMA crossovers with ATR filtering for high-probability entries.

Features:

  • 12/26 EMA Crossover with 200 EMA trend filter
  • ATR-based dynamic stop loss and take profit
  • Trailing stop to lock in profits
  • Maximum 2% risk per trade (configurable)
  • Daily trade limit to prevent overtrading

Best for: Traders who prefer a steady, conservative approach with lower drawdowns.

Download SteadyPips EA

GridMaster EA — Grid Trading

An automated grid trading EA designed to profit from price oscillations within ranges.

Features:

  • Automatic grid placement above and below current price
  • Configurable grid spacing and number of levels
  • Built-in drawdown protection (max 20% default)
  • Equity stop-loss protection
  • Optional weekend position closure

Best for: Traders who want to capitalize on ranging markets with automated position management.

Download GridMaster EA

System Requirements

  • MetaTrader 4 (MT4) platform
  • XM Trading account (open free account)
  • Minimum recommended deposit: $200
  • VPS recommended for 24/7 operation

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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.