
This page gives you the Avalanche EA free source code, the .mq5 file itself and not a compiled robot you have to trust. It is a grid trading robot, and the file shows every rule it follows.
- Platform: MetaTrader 5, a single .mq5 file
- Strategy: grid trading
- Price: free, a free account is all you need
- Licence: study it, edit it and, if you want, rebrand it
In short, you get exactly the file we publish, and therefore nothing stops you from rebuilding any part of it.
How the Avalanche strategy works
A grid robot opens a new order every time price moves a set distance against the position, so the average entry improves while the market keeps going the wrong way. The basket then closes together once the combined profit reaches its target.
Because every condition has to agree before a trade opens, the robot passes on plenty of moves. That is the trade off it was built around.
What is inside the Avalanche EA free source code file
- The grid, the distance between orders and the maximum number of positions.
- The risk block, with the lot sizing, the stop loss and the take profit.
- Finally, every input with its default value, so you can compare it against your own broker.
How to compile and run it
- First, download the .mq5 file from the button at the end of this page.
- Then open MetaEditor 5 from MetaTrader 5, with F4 or the editor button.
- After that, save the file inside MQL5 and then Experts, and press Compile.
- Finally, refresh the Navigator and drag Avalanche onto a chart.
- Run it on a demo account first, and read every input before you go live.
If the compiler complains, our guide on compiling MQL source covers the usual causes. In most cases it is simply a missing include or the wrong folder.
What you can change
The two numbers that decide whether this robot survives are the step between orders and the size of the basket. Both are plain inputs, and both deserve a long look before any live account.
Before any of that, however, look at the risk block. After all, a good entry with the wrong lot size still empties an account, and therefore the sizing deserves the first pass rather than the last.
More robots like this one are in the grid and martingale source code, and the paid catalogue with documentation and support lives in the MT5 source code section. The idea behind grid trading is explained well on this reference page.
Questions about the Avalanche EA free source code
Which platform is it for? MetaTrader 5, as a single .mq5 file.
Do I get updates? You get the file as it stands. Once it is yours, you improve it.
What pairs suit it? Start with the majors on a demo account, because they behave predictably while you learn the settings.
Can I reuse a part of it? Yes, and that is usually the best use of a free robot. Take the block you need and drop it into your own.
Download the Avalanche EA free source code
The file below is the complete .mq5. First of all, create a free account or log in. Then download it and, finally, open it in MetaEditor 5.
Free source code. Log in or create a free account to download the Avalanche EA Source Code source files.
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