EA Library · 146 open-source EAs

Free MetaTrader Utility EAs (page 4)

Open-source utility EAs for MetaTrader: data export, alerts, dashboards, trackers and other tools.

Expert advisors146
For MT588
For MT466
Updated in a year40

Utilities, Most Starred First

Buy Sell Order Placer

by boutitinizar
1 stars

This MetaTrader 4 expert advisor facilitates the rapid placement of multiple buy or sell orders. Users can toggle directional orders through input parameters, allowing the utility to open several positions up to a hardcoded limit of twenty trades. The software functions primarily as an order execution tool and includes

MT4 Utility
Updated 9 years ago None stated GitHub repository of Buy Sell Order Placer

Forex Ultimate Correlation

by UltimateForex
1 stars

This MetaTrader 4 expert advisor identifies and monitors currency pairs with high statistical correlation. It scans the market to find symbols that move in tandem with the current chart, filtering results based on a user-defined minimum correlation coefficient. The EA manages chart generation for identified pairs and i

MT4 Utility

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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.

  1. 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
  2. 2Using this librarySearch, filters, badges and what our checks do and do not mean.
  3. 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
  4. 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
  5. 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
  6. 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
  7. 7Run an EA 24/7VPS, forward testing on demo and going live small.
  8. 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
  9. 9Forex robots: an honest guideWhat automation can and cannot do for you.

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