Cobalt EA is a free, fully automated Expert Advisor for MetaTrader 5, built around a triple moving-average system. It enters only when its conditions align and protects every position with a fixed Stop Loss and Take Profit.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Triple Moving Average
- Best pair: XAUUSD and major FX pairs
- Timeframe: M15 to H1
- Account type: ECN / Raw spread
- Price: FREE download
Cobalt stacks three moving averages and only trades when all three agree, filtering out choppy markets for cleaner trend entries.
Download Cobalt EA for free below. The package includes the ready-to-run .ex5 plus the full MQL5 source code so you can study or customize it.
Updated in June 2026
Cobalt EA
Free Download - .zip file
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