Pendulum EA is a free, fully automated Expert Advisor for MetaTrader 5, built around a swing-detection strategy. It protects every position with a fixed Stop Loss and Take Profit.
Recommended setup:
- Platform: MetaTrader 5 (MT5)
- Strategy: Swing trading
- Best pair: major FX pairs and Gold
- Timeframe: H1 to H4
- Account type: ECN / Raw spread
- Price: FREE download
Pendulum tags swing highs and lows and trades the next leg, a clean swing approach with fixed risk.
Download Pendulum 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
Pendulum EA
Free Download - .zip file
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