RvFx is an automated trading system for MetaTrader 5 that utilizes grid and hedging techniques. It manages trades through a cycle-based logic, adding positions at fixed point intervals. The EA includes sophisticated lot sizing options, such as linear steps, multipliers, and a predefined sequence, which results in marti
EA Library · 1,377 open-source EAs
Free MT5 Expert Advisors (page 17)
Open-source expert advisors for MetaTrader 5, each linked to its MQL5 source code on GitHub.
Expert advisors1,377
For MT51,377
For MT4127
Updated in a year632
MT5 EAs, Most Starred First
This collection for MetaTrader 5 provides a diverse range of algorithmic trading strategies and utility scripts. The featured Precision Sniper EA utilizes indicator resonance, combining EMA, RSI, and ATR for entry signals. It incorporates sophisticated risk controls including three-stage partial profit taking, structur
Personal Scalping Tool is a MetaTrader 5 execution assistant designed primarily for gold trading. It features a floating graphical user interface that allows traders to manage layered position entries directly from the chart. The expert advisor automates trade management by calculating stop loss and take profit levels
This repository contains two expert advisors for MetaTrader 5: a reconstruction of a popular grid system and a price-action tool for gold. The primary EA utilizes RSI and price extremes for entry signals, managing trades through a grid with tiered lot multipliers. It features smart distance calculations using ATR ratio
17BA Gold Scalper is an automated trading system for MetaTrader 5 that employs a pending one-cancels-other breakout strategy. It places buy and sell stop orders around the market price; once one triggers, the opposite is cancelled. To manage adverse movements, the EA initiates a Fibonacci recovery basket, adding layers
Celebro XAU is a microtick scalping robot for MetaTrader 5, specifically developed for gold trading. It analyzes short-horizon price velocity, acceleration, and uptick imbalance using a rolling tick buffer to identify entry points. The system manages risk through automated position sizing based on account equity, manda
This expert advisor for MetaTrader 5 automates gold (XAUUSD) trading based on a Moving Average Convergence Divergence (MACD) crossover strategy. It enters long positions when the MACD line crosses above the signal line with a positive histogram, and short positions for the opposite crossover. Risk management features i
GoldBarrier is an MT5 EA that trades XAUUSD gold using barrier strategies with fixed-percentage take profit and stop loss. It supports multiple entry modes including breakout and naive controls on M30 timeframes while applying filters for ATR, regime, and trading sessions. Risk controls include max spread, cooldown, da
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance. It monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit
Smart SL is a MetaTrader 5 risk management tool that calculates optimal exit levels using a multi-factor scoring system. It evaluates market structure via swing detection, ATR-based volatility, and multi-timeframe confluence. The tool offers three modes: real, virtual, and a hybrid setup with safety offsets. It include
Harmonic Five is a MetaTrader 5 trading suite designed for harmonic pattern detection and execution across forex, gold, indices, and cryptocurrencies. It identifies ABCD, Gartley, Bat, Butterfly, and Crab formations using Fibonacci geometry. The included expert advisor handles entries on fresh patterns and manages exit
Clipboard Signal Trader is a MetaTrader 5 utility that transforms manually copied text signals from applications like Telegram or Discord into executable orders. The software utilizes the Windows API to read the clipboard and parse trade details into a visual, editable table. It follows a human-in-the-loop philosophy,
BOT_SMC is a Smart Money Concept Expert Advisor for MetaTrader 5. It detects order blocks, fair value gaps, liquidity pools, break of structure, and change of character to generate trade signals. The EA applies confluence rules, validates entries through a state machine, and manages positions with break-even, trailing
PCI EA is a MetaTrader 5 algorithmic trading system designed for XAUUSD. It utilizes statistical mechanics and Shannon entropy to measure market chaos and identify trade entries. The architecture comprises a modular system including a quantum engine for signal generation, a Z-score validator for trade filtering, and a
This MetaTrader 5 expert advisor automates an institutional-style breakout-retest strategy. It identifies structural high and low points within a defined lookback window and waits for a breakout followed by a confirmed pullback to the broken level. The EA utilizes a 50 and 200 EMA trend filter and ADX for momentum veri
The Sniper SMC-AI Bridge is an automated trading robot for MetaTrader 5 designed to trade Gold (XAUUSD) using Smart Money Concepts (SMC) and ICT principles. The system identifies institutional points of interest on high timeframes and triggers entries on low-timeframe structure shifts. It incorporates a Python-based br
TitanAI 4H Range Scalper is a MetaTrader 5 expert advisor that executes a range rejection strategy based on the 00:00 New York H4 candle. The EA identifies a fixed daily range and monitors for false breakouts or liquidity sweeps, entering a trade when price closes back within the range boundaries. It features robust ri
The Phoelix Receiver EA is an automated execution bridge for MetaTrader 5 that translates signals from TradingView into live market positions via a Telegram API pipeline. It functions as a low-latency connector, polling a specific Telegram channel for trade instructions including entry, exit, and lot sizing. The adviso
ProRiskManager is a trade execution and management panel for MetaTrader 5 tailored for discretionary traders. It prioritizes precision by calculating position sizes directly through broker functions to match displayed risk with actual potential losses. Users can prepare trades using draggable chart lines for entry and
Quantum Scalper EA is an MT5 expert advisor built around ICT Smart Money Concepts, session trading, and liquidity sweeps. The strategy aims to identify liquidity sweeps outside the Asian session range, filtering entries using an exponential moving average trend filter. It manages trades using automatic stop loss placem
Simple Expert is a basic MetaTrader 5 script that serves as a minimal template for expert advisor development. It does not feature any automated trading logic, entry signals, or exit management. The code primarily focuses on demonstrating the standard event handlers in MQL5, such as initialization and tick processing.
This MetaTrader 5 expert advisor implements a volatility-driven grid strategy primarily focused on Gold. It populates a range of buy-stop and sell-stop limit orders at specified intervals around the market price. The system transitions into a trend-following mode once multiple orders are triggered in one direction, app
MT5 ProScalper EA is a MetaTrader 5 expert advisor that trades using Malaysian Support and Resistance detection, Quasimodo patterns, and confluence analysis for scalping and swing trading. It enters trades on pattern recognition at key levels with price action confirmation and exits at opposite side confluence zones us
Scorpion Risk Infrastructure is a MetaTrader 5 expert advisor focused on capital protection and trade execution. Originally derived from a smart money strategy, this framework handles position sizing based on balance risk, enforces daily loss limits, and applies cooldown periods after trades hit stop loss. It protects
This utility for MetaTrader 5 provides an interactive on-chart panel for manual trade execution and risk management. It enables traders to calculate optimal lot sizes based on a specific percentage of account balance or a fixed cash amount. The interface features draggable lines for entry, stop loss, and take profit le
XM Gold AI Trader is an automated expert advisor for MetaTrader 5 that leverages a Python-based backend powered by DeepSeek AI. The system processes market data using indicators such as RSI, MACD, and Bollinger Bands to generate signals, which are transmitted via WebSocket or TCP sockets. It includes robust risk contro
This MetaTrader 5 expert advisor suite contains two separate robots designed for scalping Gold and Bitcoin. The Gold Scalper functions during specific market sessions, while the Bitcoin Scalper trades continuously. Both tools utilize a moving average crossover system to place buy and sell stop orders at predefined dist
StarkForge Sentinel EA is a MetaTrader 5 Expert Advisor for EURUSD. It enters trades in the London-NY overlap (15:00-19:00 broker time) via M15 range-breakout detection after Asian-London session levels, confirmed by a retest within ATR tolerance. H1 trend bias uses EMA50/200 crossover and ADX14 >22 filter. Exits featu
Acteck QA5 is an analytical tool for MetaTrader 5 that performs quantitative analysis on historical price movements to identify trend segments and potential reversal zones. It utilizes a user-defined volatility filter in pips to categorize waves and calculates the mathematical probability of price exhaustion based on h
This MetaTrader 5 expert advisor is a utility for managing active positions and controlling account risk rather than executing autonomous trade entries. It features an automated lot size calculator based on percentage risk, daily loss protection in both percentage and dollar terms, and a comprehensive trade management
The News Calendar EA for MetaTrader 5 is an automated tool designed to execute or manage trades based on economic events. It features a canvas-based dashboard and utilizes an SQLite database to store and track calendar data. The system allows users to enter trades before or after news releases or pause activity during
This MetaTrader 5 expert advisor integrates with OpenAI API models, specifically GPT-4o, to analyze market data and generate trading signals. The tool sends a configurable number of recent chart bars to the AI model for processing and can execute trades automatically based on the response. It includes a chat-style inte
This MetaTrader 5 repository hosts a collection of over 90 expert advisors generated by StrategyQuant X. The robots are designed for the M15 timeframe across diverse markets including forex majors, gold, and oil. Entry signals are derived from technical indicators like Ichimoku, VWAP, and Moving Averages. Each EA featu
This MetaTrader 5 expert advisor executes trades based on daily classic pivot points combined with the engulfing candlestick pattern on the M15 timeframe. It employs a 200-period Exponential Moving Average as a trend filter to refine entries. Risk management includes a martingale lot scaling system that increases posit
GoldenKafle is a trend-following and volatility-breakout trading robot designed for MetaTrader 5, specifically structured for passing prop firm evaluations. It primarily trades gold (XAUUSD) and optionally EURUSD. The EA enters trades based on a combination of EMA trend direction, ADX strength, M15 swing breakouts, ATR
PASR Modular is a MetaTrader 5 expert advisor designed for automated trading using a modular framework. It employs technical indicators like ATR for dynamic stop losses and take profits, alongside ADX for trend filtering. The system integrates machine learning components for trade inference and multi-timeframe analysis
This expert advisor for MetaTrader 5 implements a bidirectional range grid strategy based on user-defined price boundaries. It automatically divides the range into two halves, executing sell orders in the upper section and buy orders in the lower section. The system includes a safety mechanism that closes all positions
This automated expert advisor for MetaTrader 5 executes trades based on Gann Box analysis, identifying entries at dynamic support and resistance levels. It features advanced risk controls including hard stop loss, take profit, and a trailing stop. The EA provides four capital management modes: fixed lot size, risk perc
This risk management expert advisor for MetaTrader 5 functions as an account-wide watchdog. It monitors equity fluctuations against user-defined thresholds for daily loss, total drawdown, and profit targets. When a limit is breached, the EA automatically closes all open positions and can optionally delete pending order
This MetaTrader 5 expert advisor serves as a development framework and diagnostic tool for organizing complex trading logic. It implements an object-oriented finite state machine to manage transitions between initialization, signal monitoring, order execution, and news restriction states. By replacing nested conditiona
Spread Slippage Monitor is a diagnostic utility for MetaTrader 5 that tracks broker performance metrics. It records real-time spread data at regular intervals and exports the information to a CSV file. The tool features an optional slippage measurement function that executes a market order and immediately closes it to
XAU Confluence EA is an automated trading robot for MetaTrader 5, specifically tailored for the gold market. The system executes trades based on a triple-confluence strategy that integrates an exponential moving average ribbon for trend direction, Donchian Channel breakouts with volume confirmation, and a proxy-CVD ind
This news filter for MetaTrader 5 allows Expert Advisors to automatically suspend trading activities around high-impact economic news releases. Instead of relying on commercial APIs, the tool fetches event data from a user-hosted JSON file on GitHub using native WebRequest functionality. It monitors specific currencies
This lightweight, macro-based unit testing framework is designed for MetaTrader 5 developers to verify Expert Advisor logic and trading calculations. It provides a set of simple assertion macros for checking booleans, integers, and double-precision values directly within the terminal environment. The framework is entir
This utility for MetaTrader 5 enables automated trade notifications, profit reports, and system alerts to be sent directly to Discord and Telegram. It functions as a lightweight library that developers can integrate into their own Expert Advisors or indicators. By utilizing the native MQL5 WebRequest API, it operates w
This MetaTrader 5 expert advisor executes trades based on price action and momentum patterns, specifically identifying strong candles relative to their recent average range. The logic incorporates Fair Value Gap (FVG) detection and moving averages to filter entries. It includes automated risk management with percentage
This repository contains a collection of ten trend-following Expert Advisors for the MetaTrader 5 platform. Each robot implements a different technical strategy, utilizing indicators such as Bollinger Bands and moving averages with various smoothing methods like ParMA and SMMA. The EAs identify entry points based on ov
This MetaTrader 5 Expert Advisor is a research-oriented tool designed for systematic trading of USTEC/Nasdaq CFDs. It employs a trend-following logic using Exponential Moving Average crossovers and ADX filters to identify entries on the M5 timeframe during specific trading sessions. Risk is managed through ATR-based dy
More Expert Advisor Categories
Third-party code. ForexR lists open-source EAs from GitHub; it did not write, test or endorse them, and their summaries are generated automatically from each repository's README and code. Read the code, backtest it and use a demo account first. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
Learn How to Use Expert Advisors
Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.
- 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
- 2Using this librarySearch, filters, badges and what our checks do and do not mean.
- 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
- 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
- 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
- 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
- 7Run an EA 24/7VPS, forward testing on demo and going live small.
- 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
- 9Forex robots: an honest guideWhat automation can and cannot do for you.
Run EAs With a Broker That Supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers