EA31337 Libre: Free MT5 Expert Advisor

Overview

EA31337 Libre serves as a simplified implementation of a larger algorithmic framework, offering over 35 distinct strategies based on popular technical indicators. The robot allows each strategy to analyze market conditions across multiple timeframes independently. Risk controls include maximum margin settings and detailed logging for monitoring execution. Although it provides a comprehensive base for automated trading, the developers emphasize its use for research and education, cautioning against live application without significant technical expertise.

Over 35 built-in trading strategies

Cross-platform MT4 and MT5 compatibility

Independent multi-timeframe market analysis

Modular framework for custom strategy development

Integrated risk management and margin controls

Details

Author

FEISTYVIP on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Multi-strategy

Markets

Forex

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

src/EA31337-Libre.mq5

Source

github.com/FEISTYVIP/-EA31337-Libre---free-and-open-source-Forex-trading-robot-for-MT4-MT5-platforms

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone FEISTYVIP/-EA31337-Libre---free-and-open-source-Forex-trading-robot-for-MT4-MT5-platforms from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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