This MetaTrader 5 expert advisor identifies market entries using a moving average signal within the standard MQL5 framework. The robot evaluates price relative to a simple moving average, triggering trades when a specific threshold is met. Users can configure lot sizing as a fixed volume or a percentage of the account
EA Library · 1,377 open-source EAs
Free MT5 Expert Advisors (page 25)
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 MetaTrader 5 expert advisor implements a daily range breakout strategy. It calculates high and low price levels within a specific early morning session, usually between midnight and 6 AM, and monitors the market for a breakout from this range during a defined trading window. The robot manages trades using fixed st
High Frequency Stocks is an automated trading robot for MetaTrader 5 focused on identifying long-entry opportunities. The EA monitors multiple timeframes from weekly down to thirty-minute charts to confirm upward price direction and increasing volume. It specifically searches for entries within ranges of interest, such
This MetaTrader 5 expert advisor executes trades based on various moving average price indicators. It is built as a modular component for the EA31337 framework and supports multiple calculation methods, including simple, exponential, adaptive, and fractal moving averages. The robot allows users to enable or disable spe
This MetaTrader 5 expert advisor implements a trend-following strategy based on price position relative to a moving average. It initiates buy orders when a candle closes above the moving average and sell orders when it closes below. Risk management is handled through several configurable parameters, including fixed tak
Ak Sequence Bot is an automated trading robot for MetaTrader 5 that executes entries based on an Exponential Moving Average crossover on the five-minute timeframe. The system employs a specific lot size sequence, increasing the volume of subsequent trades following a loss to recover equity. It includes essential risk c
Strategy Meta RSI is an Expert Advisor for MetaTrader 5 that utilizes a meta-strategy approach to execute trades. It selects and alternates between different internal trading strategies depending on the current daily Relative Strength Index value. Built on the EA31337 framework, it supports simultaneous operation acros
MA CrossFlow Trader is a trend-following expert advisor for MetaTrader 5 that executes trades based on the crossovers of multiple simple moving averages. The robot monitors several SMA periods, including the 10, 50, 100, 150, and 200, to identify trend shifts. It specifically enters buy or sell orders on the third cand
This MetaTrader 5 expert advisor implements a contrarian trading strategy using Triangular Moving Average (TMA) bands and Sylvain Vervoort's Bollinger Bands (SVEBB). Built on the EA31337 framework, it monitors multiple timeframes simultaneously to identify potential price reversals. The EA uses technical indicators to
This Expert Advisor for MetaTrader 5 implements a trading strategy based on price candles crossing a Moving Average indicator. Built using the EA31337 framework, it monitors price action to detect when a candle closes across the indicator line to generate signals. The robot supports concurrent multi-timeframe analysis
Strategy Chaikin is a MetaTrader 5 expert advisor that automates trades using the Chaikin Oscillator (CHO) indicator. Developed using the EA31337 framework, the robot monitors market momentum and volume accumulation to identify potential entry and exit points. It supports multi-timeframe operations, allowing users to a
This MetaTrader 5 expert advisor implements a trend-following strategy by combining several technical indicators. It utilizes a 50-period Exponential Moving Average for trend direction, alongside the Relative Strength Index, MACD, and Average True Range for entry signals. The system includes a hardcoded risk management
This Expert Advisor for MetaTrader 5 implements a breakout strategy based on price action within a user-defined time window. The robot identifies the high and low price levels established during a specific daily period and executes buy or sell orders when the price breaches these boundaries. It includes risk management
This MetaTrader 5 expert advisor acts as a news-based controller that executes various trading strategies according to economic news impact. Built on the EA31337 framework, the robot utilizes embedded historical news data ranging from 2018 to 2024 to determine market conditions. It supports operations across multiple t
This repository features a collection of MetaTrader 5 expert advisors implementing various technical strategies such as time-range breakouts, order blocks, and candle pattern recognition. The primary time-range EA identifies price extremes within a user-defined window to trigger entries on breakouts. It includes risk m
This MetaTrader 5 expert advisor implements a breakout scalping strategy by placing pending buy and sell stop orders relative to recent price extremes. It identifies entry levels by analyzing highs and lows over a user-defined number of bars. The robot includes built-in risk controls such as hard stop loss and take pro
This MetaTrader 5 expert advisor automates trading decisions using the Relative Strength Index indicator. It enters long positions when the RSI drops below a set threshold and short positions when it exceeds a specified upper limit. To manage trades, the robot uses fixed stop loss and take profit levels in points, alon
This MetaTrader 5 expert advisor serves as a modular template designed for integrated risk management. It functions as a framework rather than a standalone trading robot, focusing primarily on capital protection parameters. The tool allows users to define the percentage of the account balance to risk per position and s
This MetaTrader 5 expert advisor identifies market structure shifts by detecting swing highs and lows using historical and current price action. The tool monitors price movement to find points where current candles exceed neighboring bars, subsequently marking these swing levels on the chart. It focuses on identifying
This MetaTrader 5 repository contains a diverse collection of expert advisors and technical indicators, with a primary focus on signal-based trading bots. The featured CCI Four Arrows Strategy uses the Commodity Channel Index to identify entry points based on specific level breaches. It includes risk management feature
C-Trade Manager for MetaTrader 5 is a comprehensive Expert Advisor that provides a graphical user interface for manual trade execution and automated strategy management. It allows users to open and close orders via on-screen buttons or keyboard hotkeys. The EA includes an automation module that executes trades based on
This MetaTrader 5 expert advisor implements a basic trading strategy based on the Moving Average Convergence Divergence (MACD) indicator. It monitors for crossovers between the MACD main line and the signal line on a per-bar basis. When a crossover is detected, the robot executes trades with a fixed lot size and applie
A MetaTrader 5 expert advisor that automates trading based on the Relative Strength Index (RSI) indicator. The robot monitors RSI values to execute buy or sell orders when specific thresholds are met. It manages single positions using a fixed lot size and automatically applies hardcoded stop loss and take profit levels
This MetaTrader 5 expert advisor executes trades based on price interactions with Bollinger Bands. It identifies potential mean-reversion opportunities by looking for candles that close outside the upper or lower bands. The robot includes a trend-following filter using a Simple Moving Average to align entries with broa
This MetaTrader 5 expert advisor is a development project that utilizes the MACD indicator and an Exponential Moving Average to execute trend-based trades. It enters positions when the price aligns with the EMA trend and a MACD crossover signal occurs. The EA automates risk management by calculating lot sizes based on
This MetaTrader 5 expert advisor executes trades based on the interaction between Bill Williams Fractals and an Exponential Moving Average filter. It monitors the market for fractal signals, entering buy orders when a lower fractal forms while price remains above the 50-period EMA. Conversely, it enters sell orders whe
This utility for MetaTrader 5 fetches economic news data from the Forex Factory API to display an onscreen timer and information box. It downloads news in XML format using external Windows libraries, stores it locally, and updates the data periodically. Users can filter news events by impact level, specific currencies,
Zone Entry is a MetaTrader 5 expert advisor that automates the placement of multiple limit orders within a calculated price zone, a technique described as chumming. It utilizes the Average True Range on the H1 timeframe to determine the spacing and breadth of entries based on manual price inputs. The EA manages open po
This collection of MetaTrader 5 expert advisors provides several distinct trading strategies, including trend following, grid systems, and dollar-cost averaging (DCA). The repository contains multiple specialized files for various instruments like EURUSD and BTCUSD. Traders can configure grid spacing, order volume, and
The Forever Free EA is a MetaTrader 5 trading robot designed for forex and indices. It employs a grid strategy that can be configured with martingale or fixed lot increments. The system utilizes dual magic number engines to manage separate trade streams and includes a trend mode to align entries with market direction.
This MetaTrader 5 expert advisor is a developmental script designed to experiment with order information retrieval and basic trade execution. It calculates MACD indicator values for the M15 timeframe, though the current code version executes buy and sell orders simultaneously on every tick without conditional logic. Ri
This MetaTrader 5 expert advisor implements a technical trading strategy based on the Bill Williams Alligator indicator and Bill Williams Fractals. It also incorporates a 50-period Exponential Moving Average for additional trend filtering. The robot enters trades based on price action relative to these indicators, spec
This expert advisor for MetaTrader 5 executes trades based on price action relative to Bollinger Bands and the Relative Strength Index (RSI). It identifies potential entries when price interacts with volatility bands, filtered by indicator thresholds. The robot manages risk using fixed lot sizes and applies protective
Quants EA is an automated trading tool for MetaTrader 5 that utilizes the Bill Williams Market Facilitation Index (BWMFI) to analyze market dynamics. It monitors price highs and candle ranges to identify potential entries when MFI values meet specific thresholds. The expert advisor incorporates multi-stage risk managem
This collection of MetaTrader 5 tools focuses on automated market structure analysis and Smart Money Concepts. It provides modular templates for detecting swing points, identifying Breaks of Structure (BOS), and mapping price action across multiple timeframes. The codebase includes logic for Fair Value Gaps and Premium
This automated expert advisor for MetaTrader 5 is specifically designed for the GBPJPY currency pair. It utilizes a breakout strategy based on psychological key price levels, which are adjustable in the settings. The bot filters entries using two Simple Moving Averages and the Average Directional Index to confirm trend
This MetaTrader 5 collection features automated trading robots, primarily focusing on a time-based range breakout strategy. The included Time Ranger EA identifies high and low price levels during a specific intraday window and executes trades upon a breakout. It incorporates risk management through stop loss and take p
This MetaTrader 5 expert advisor executes trades around high-impact news events using data provided in a local text file. It monitors specified timeframes for liquidity grabs and trend direction defined by two exponential moving averages. The algorithm is designed to place orders shortly before scheduled news releases.
This MetaTrader 5 expert advisor automates trading across multiple markets, with specific logic for Boom and Crash synthetic indices and standard currency pairs. For synthetic indices, it generates alerts and entries based on RSI and Stochastic levels on the M1 timeframe. For other symbols, it utilizes a crossover stra
Candle Moving Average Day Trade is a MetaTrader 5 expert advisor designed for automated intraday trading. The strategy uses an Exponential Moving Average (EMA) to determine market direction, triggering entries based on a specific number of candlesticks closing above or below the average. It features a tiered position s
This collection for MetaTrader 5 features multiple expert advisors, including strategies based on pinbars, stochastic oscillators, and non-repainting reversals. The primary pinbar robot utilizes a triple moving average filter—slow, medium, and fast—to establish trend direction before execution. It incorporates essentia
The Nova Ultimate Trade Panel is a comprehensive manual trading and management utility for MetaTrader 5. It provides a movable, dynamic interface for executing market and pending orders with precise control over lot sizing and risk levels. Users can adjust stop loss and take profit targets directly on the chart using d
This repository provides a collection of MetaTrader 5 expert advisors designed for various technical strategies. The scripts utilize multiple moving averages ranging from 7 to 200 periods and the Money Flow Index to identify trend and momentum market conditions. The collection includes specific modules for mean-reversi
MA Twister is a trend-following expert advisor for MetaTrader 5 that automates trade execution based on a triple moving average crossover strategy. It monitors three distinct moving average periods to identify bullish or bearish momentum. The bot includes specialized risk controls for prop firm challenges, such as dail
A trend-following trading robot for MetaTrader 5 that utilizes technical indicators and recovery lot scaling. It generates entry signals using a combination of the SuperTrend indicator, Exponential Moving Averages (EMA), and ADX filters. The expert advisor features a martingale-style lot multiplier that increases posit
This MetaTrader 5 expert advisor implements an automated reversal strategy centered on the Doji candlestick pattern. It utilizes a 200-period Exponential Moving Average to filter trend direction and the Relative Strength Index to identify overbought or oversold conditions for entry confirmation. The EA manages risk thr
This repository provides a version-controlled environment for MetaTrader 5, specifically designed as a base for Docker images and CI/CD pipelines. It archives weekly MetaQuotes releases to ensure development consistency. The collection includes a variety of automated robots that trade based on candlestick patterns, suc
Fruge MT5 Trade Copier is a utility designed to synchronize trading activity across multiple MetaTrader 5 accounts. The expert advisor features a dual-mode system allowing it to act as either a master trade provider or a slave trade follower. It utilizes the platform's common file folder to share position data, ensurin
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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.
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