Free Expert Advisor Templates for MetaTrader 5
Don't start from scratch. Choose a proven EA strategy template, customize the parameters in AlgoStudio's visual builder, and export a working MetaTrader 5 Expert Advisor in minutes. Each template includes pre-configured indicators, risk management settings, session timing, and optimizable parameters — all based on strategies that real traders use every day.
Why Start with an EA Template?
Building an Expert Advisor from a blank canvas can feel overwhelming — which indicators should you use? What timeframe works best? How should you set your stop loss? Templates solve this by giving you a proven starting point with sensible defaults that you can customize.
Each template in AlgoStudio is built around a well-documented trading strategy with proper risk management, session timing, and parameters that have been tested across major forex pairs. You don't need to reinvent the wheel — start with what works, modify it to fit your style, and backtest it with your own parameters.
Templates are also the fastest way to learn how AlgoStudio works. Open a template, see how the blocks are connected, understand the logic, then make it your own. Most users go from first login to exported EA in under 5 minutes using a template.
Available EA Templates
Moving Average Crossover EA
The most popular beginner strategy. Buy when the fast EMA crosses above the slow EMA, sell on the opposite cross. Uses ATR-based stops and London session timing for high-probability trend trades.
RSI Mean Reversion EA
Buy oversold, sell overbought. RSI-based strategy with EMA trend filter to avoid false signals and London session timing for optimal liquidity. Works best in range-bound conditions.
Breakout EA
Trade the Asian session range breakout at the London open. Captures the volatility surge when European markets open, with ATR-based stops and a 1.5:1 risk-reward ratio.
Which Strategy Type Is Right for You?
Each template uses a fundamentally different approach to the market. Here's how they compare:
| MA Crossover | RSI Reversion | Breakout | |
|---|---|---|---|
| Market condition | Trending markets | Range-bound markets | Session opens |
| Win rate | 35–45% | 50–60% | 40–50% |
| Trade frequency | Several per week | Several per week | 1 per day max |
| Complexity | Simple — great for beginners | Moderate | Moderate |
| Key strength | Catches big moves | Higher win rate | Clear entry rules |
Not sure which one to choose? Start with the MA Crossover template — it's the simplest to understand and backtest. Once you're comfortable with the workflow, try the others.
How to Build an EA from a Template
1. Choose a template that matches your style
Pick the strategy type that fits how you think about the market. Prefer riding trends? Start with MA Crossover. Like buying dips? Try RSI Reversion. Want clean session-based entries? Go with Breakout.
2. Review and adjust parameters
Each template comes with sensible defaults, but you should adjust them to match your preferences. Change indicator periods, stop loss values, session timing, or position sizing — all through simple input fields in the visual builder.
3. Export, backtest, and optimize
Export the EA as MQL5, load it into MetaTrader 5, and backtest on at least 1–2 years of historical data. Use the MT5 Strategy Tester's optimization feature to find the best parameter combinations. Demo trade for 1–3 months before going live.