This collection of MetaTrader 5 expert advisors implements various technical strategies using indicators such as Moving Averages, MACD, and the Andean Oscillator. It includes a specific tool for trading based on Commitment of Traders data combined with SuperTrend signals. Most robots in the repository incorporate a gri
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Free MT4 & MT5 expert advisors
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
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Type
Trading robot 45Trade manager 1Risk & protectionNews tradingCopier & bridge 2Framework & template 1Collection 19Utility 1
Strategy
Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
An automated MetaTrader 5 expert advisor that executes a bi-directional grid trading strategy. It uses the Average True Range (ATR) indicator to dynamically calculate grid spacing, allowing the system to adapt to current market volatility. The robot supports neutral, bullish, and bearish modes. It includes risk managem
This MetaTrader 5 expert advisor implements Smart Money Concepts including Order Blocks, Fair Value Gaps, and Break of Structure entries. It features an automated mode that combines multiple strategies alongside market regime detection using ADX or Efficiency Ratio to ensure trading in trending conditions. Risk managem
This MetaTrader 5 expert advisor implements a multi-strategy framework based on Smart Money Concepts. It identifies fractal-based liquidity sweeps, order blocks, and Fibonacci zones across multiple timeframes, typically using H4 for trend direction and M15 for execution. The EA includes an optional machine learning fil
This repository contains a diverse collection of automated trading robots for the MetaTrader 5 platform. The strategies range from trend-following systems using True Strength Index (TSI) and Moving Average crossovers to mean-reversion tools utilizing Relative Strength Index (RSI) and Bollinger Bands. Most experts inclu
Fvg Gold EA is an automated trading robot for MetaTrader 5 designed specifically for the gold market. It utilizes institutional trading concepts by identifying high-probability Fair Value Gaps with Order Block confluence. The system employs a scoring algorithm to evaluate trade quality based on displacement, gap size,
This repository provides a collection of MetaTrader 4 and 5 expert advisors, including the modular Super Trading Bot series and an AI-driven trading template. The EAs utilize various technical indicators like Bollinger Bands, Parabolic SAR, and moving averages for trend-following and scalping. Built-in risk management
This MetaTrader 5 expert advisor scans over 60 financial instruments to identify Turtle Soup reversal setups based on Candle Range Theory. It monitors price action for specific three-candle patterns involving a range, a false breakout with a long wick, and a subsequent reversal. The EA operates as an alert-only utility
Phase 404 EA is a MetaTrader 5 robot that automates a mechanical Smart Money Concepts strategy including Wyckoff logic and liquidity sweeps. It identifies market structure shifts and enters trades during London or New York kill zones using Fibonacci Optimal Trade Entry levels. The expert advisor manages risk through pe
This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies for forex markets. A core component is the Gareth Range Breakout, which defines specific time-based price zones and executes trades when price breaks those boundaries. It includes risk controls such as stop loss and take pro
This MetaTrader 5 expert advisor combines automated Forex trading with a Discord notification system via a Python Flask webhook. It executes a dual-timeframe strategy using EMA crossovers, a 200-period trend filter, RSI, and VWAP on the M5 and M15 charts. The EA manages trades with ATR-based stop loss and take profit l
Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti
This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l
This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach. It synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fib
Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs. The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe t
This MetaTrader 5 expert advisor executes trades based on opening range breakout logic. The system identifies a price range over a specific duration and enters positions when the market breaks through these levels. It supports multiple entry methods including market orders on candle close, resting stop orders, or limit
This collection of Expert Advisors for MetaTrader 5 provides specific automated strategies for Gold, Bitcoin, EURUSD, and Nasdaq. The repository includes modules for ATR breakouts, Bollinger Band mean reversion, and opening range breakouts. Risk management is handled through a three-stage take profit system, automated
This MetaTrader 5 expert advisor is designed for gold trading using Candle Range Theory and Time-Based Strategy principles. It identifies market structure through the Accumulation, Manipulation, and Distribution cycle while detecting Fair Value Gaps and Order Blocks. The robot executes trades exclusively during specifi
This high-frequency scalping robot for MetaTrader 5 is specifically designed for the gold market. It determines entry points using a combination of EMA trend filters, ADX trend strength, and dynamic RSI levels. To recover from losing positions, the EA utilizes an aggressive martingale grid system with a customizable lo
This repository features a collection of expert advisors for MetaTrader 5, primarily focused on technical indicator logic and educational implementation. The main script, AO-bot, utilizes the Awesome Oscillator to identify swings and switch trade directions, while other tools incorporate Parabolic SAR for trend filteri
This machine learning robot for MetaTrader 5 uses an ensemble of AI models including LSTM, GRU, and LightGBM to predict price movements. It executes trades based on signal confidence and predicted price targets. The EA features multiple risk controls such as volatility filters, trend-based MA filters, RSI checks, and a
This repository features a headless CLI automation pipeline for MetaTrader 5, enabling users to compile, backtest, and rank MQL5 Expert Advisors through PowerShell. It contains a large collection of robots focused on candlestick patterns, such as Morning and Evening Star signals, combined with Stochastic or CCI filters
This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
This MetaTrader 5 expert advisor implements an automated strategy based on Smart Money Concepts and the Trading Hub Juka Method. It analyzes market structure, institutional order blocks, and fair value gaps to identify high-probability entry points. The robot features multi-timeframe analysis, evaluating alignment betw
This MetaTrader 5 expert advisor acts as a bridge between Telegram channels and the trading terminal via a dedicated Python server. It uses a TCP socket connection to receive structured JSON data parsed by artificial intelligence from unstructured chat messages. The EA executes market or pending orders based on entry r
This MetaTrader 5 repository provides a suite of algorithmic trading tools known as the Zerith series. The featured SwingGrid EA utilizes ADX trend filters and ATR-based volatility thresholds to execute trades, employing a recovery grid system with dynamic lot multipliers. Other tools in the set cover news straddle bre
A collection of systematic Expert Advisors for MetaTrader 5 designed for session-specific execution. The repository includes multiple specialized engines for strategies such as range reversion, breakouts, and trend following. It features a centralized risk management layer with spread caps, daily loss limits, and conse
This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage
KolaTradebot is a MetaTrader 5 expert advisor that executes a multi-asset strategy using Smart Money Concepts and a Global Order Model. It bridges the platform with a Python-based server to analyze market structures like order blocks, fair value gaps, and liquidity sweeps across multiple timeframes. The system includes
Hydra Prime is a systematic expert advisor for MetaTrader 5 designed specifically for the gold market. It executes trades based on intraday momentum expansions and market structure shifts using Smart Money Concepts like Fair Value Gaps and Optimal Trade Entry zones. The robot analyzes swing structures on the M5 timefra
IchiDCA CCBSN PropFirm EA is an automated trend-following robot for MetaTrader 5, optimized for gold and forex markets. It triggers trades based on Ichimoku Cloud breaks, filtered by dual Exponential Moving Averages and MACD indicators. The strategy manages positions through a Dollar Cost Averaging system that layers u
This MetaTrader 5 robot employs a dual-strategy approach, switching between trend-following moving average crossovers and RSI-based mean-reversion depending on detected market regimes. It features an integrated walk-forward optimization system that loads optimized parameters from external files to adapt to changing vol
Smart Scalp PA is a price action expert advisor for MetaTrader 5 designed for intraday trading and scalping. It identifies market entries using Engulfing and Pin Bar candle patterns confirmed by a higher timeframe EMA 50 trend filter. The system incorporates support and resistance clustering based on pivot highs and lo
This MetaTrader 5 expert advisor is designed for gold scalping using a multi-timeframe approach. It analyzes price action across M5, M15, and H1 intervals using Exponential Moving Averages, Relative Strength Index, and Average Directional Index for entry confirmation. Trades are managed with ATR-based stop losses, take
This MetaTrader 5 expert advisor is designed for trading XAUUSD using a trend-following approach. It identifies entries through a triple Exponential Moving Average crossover system, requiring ADX momentum confirmation before opening positions. To manage losing trades, the EA employs a martingale strategy that layers or
This MetaTrader 5 expert advisor focuses on the EURUSD pair using an adaptive market regime approach. It alternates between trend-following and mean-reversion logic based on ADX and EMA indicators. The trend strategy utilizes price breakouts or pullbacks confirmed by RSI, while the range strategy employs Bollinger Band
This MetaTrader 5 expert advisor focuses on institutional-style trading across forex, indices, and other assets. It utilizes market structure analysis, including liquidity sweeps and market structure shifts, to identify entries on a M15 timeframe guided by H1 trends. The robot categorizes market states into range, tren
Funded EA is a MetaTrader 5 robot designed to help users pass proprietary firm challenges by automating trade execution and risk management. It implements a Smart Money Concepts strategy, targeting XAUUSD by detecting order blocks and liquidity sweeps. The system features a calibration engine that calculates lot sizes
Raven Cost Averaging is a multi-currency grid robot for MetaTrader 5 designed to trade seven major forex pairs from a single chart. The system employs a hedging strategy, opening initial buy and sell positions and layering subsequent trades at fixed pip distances. It includes an optional M15 SMA 200 filter for primary
This repository contains a collection of MetaTrader 5 expert advisors designed for a quantitative trading seminar by QRT Solutions. It includes multiple models such as US opening gap momentum, opening range breakouts, and SMA-based gold strategies. Each robot features professional risk management components including t
This MetaTrader 5 repository provides a collection of seventeen quantitative trading strategies designed for educational and research purposes. The primary expert advisor implements a US opening gap momentum strategy, utilizing ATR-based gap thresholds and Z-Score volatility regime detection to identify entry points. R
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
Arko Risk is an open-source position and risk management utility designed for MetaTrader 5, particularly suited for scalpers and prop firm traders. It does not generate trade signals but provides a graphical interface for designing limit orders with visual entry, stop loss, and take profit lines. The expert manages act
This Expert Advisor for MetaTrader 5 focuses on gold trading through a combination of mean-reversion signals and a grid management system. It uses multi-timeframe filters, including exponential moving averages and ADX on the H1 timeframe, to identify trend direction while executing entries on M15 based on RSI and Bolli
An automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a combination of RSI for overbought and oversold levels, MACD for momentum, and Simple Moving Average crossovers for trend confirmation. The EA enters trades when multiple indicators align and manages them using fixed o
This repository features a collection of MetaTrader 5 Expert Advisors developed for strategy and risk-management research. It includes a multi-pair mean reversion grid system, a gold breakout robot using previous day levels, and trend-following strategies based on moving averages. The EAs incorporate extensive risk con
Aurum is an adaptive research expert advisor designed for trading Gold on MetaTrader 5 cent accounts. It employs a multi-timeframe logic that filters H1 trend direction, M15 market regimes, and M5 setups to trigger entries on M1 closed bars. Risk management is a central component, incorporating strict limits on daily a
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.
About the EA Library
The ForexR EA Library collects open-source expert advisors for MetaTrader 4 and MetaTrader 5 that are published on GitHub. Each entry links to the original repository, so you always get the author's latest code, issues and licence straight from the source. Star counts, last updates and licences are synced from GitHub every day, and new repositories are added every week.
Every repository is checked automatically before it is listed: it must contain readable MQL source code for a real expert advisor, and repositories that ship executables, hide downloads behind archive passwords or show signs of bought stars are left out. The summaries and tags are written automatically from each repository's README and code. They describe what an EA does; they are not a recommendation, and nothing here is tested or endorsed by ForexR.
Trading with expert advisors is risky. Backtest any EA and run it on a demo account before you trust it with real money. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
EA Library FAQ
What is an expert advisor (EA)?
An expert advisor is a program that runs inside MetaTrader 4 or MetaTrader 5. It can open and close trades on its own, manage trades you opened (trailing stops, break-even, partial closes), protect the account, or connect MetaTrader to other tools such as Telegram or Python. EAs are written in MQL4 (MT4) or MQL5 (MT5).
Are the EAs in this library free?
Yes. Every EA listed here is published on GitHub with its source code, so you can read, download and compile it at no cost. Check each repository's licence before reusing the code in your own projects: some EAs state no licence at all.
Are these EAs safe to use?
ForexR lists only repositories with readable MQL source code and never hosts files. Repositories that ship executables, ask you to disable antivirus, hide downloads behind passwords or show signs of bought stars are left out automatically. That does not make any EA profitable or bug-free: read the code, backtest it in the Strategy Tester and run it on a demo account first.
How do I install an EA in MT4 or MT5?
Download the source from GitHub, open MetaTrader, choose File, then Open Data Folder, and copy the .mq4 (MT4) or .mq5 (MT5) file into MQL4/Experts or MQL5/Experts. Open it in MetaEditor and press Compile, then drag the EA from the Navigator onto a chart and allow algorithmic trading.
How does ForexR choose which EAs to list?
A crawler searches GitHub every week for MetaTrader repositories, reads their code and keeps those that contain a real expert advisor and pass the safety checks. Stars, updates and licences are refreshed from GitHub every day. Summaries are written automatically from each repository's README and code, so treat them as a guide and check the source.
What do "High risk", grid and martingale mean?
A grid EA opens a ladder of orders at fixed distances; a martingale EA increases the lot size after losses. Both can show smooth equity curves for a long time and then lose a large part of the account in one strong trend. EAs that use either are marked High risk, and you can hide them with the "Hide grid and martingale" filter.
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