My Tbots Tesoro Gold is a MetaTrader 5 expert advisor designed for scalping, primarily targeting XAUUSD on the five-minute timeframe. The robot utilizes a combination of three smoothed moving averages, the Relative Strength Index, and Williams Fractals to execute trend-following entries. Risk controls include fixed lot
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
This MetaTrader 5 expert advisor is designed to trade Gold (XAUUSD) by integrating Inner Circle Trader (ICT) concepts with technical indicators. It identifies market structure shifts and order blocks while utilizing EMA crossovers and oscillators for signal confirmation. Risk controls include percentage-based position
This MetaTrader 5 expert advisor executes trades based on Smart Money Concepts and Inner Circle Trader methodologies. It identifies institutional price patterns such as Fair Value Gaps, Order Blocks, and Liquidity Sweeps to find entry points. The robot requires market structure alignment and uses a higher timeframe tre
This automated trading robot for MetaTrader 5 is designed specifically for gold and silver markets. It utilizes an AI-driven approach incorporating quantum state modeling and a chaos filter to identify market entries. The strategy weights inputs from RSI, ADX, and moving averages against an adaptive decision threshold.
This MetaTrader 5 expert advisor provides a framework for trade execution with a heavy emphasis on risk management and scheduling. It offers multiple methods for calculating trade volume and exits: manual points, percentage of account risk, and ATR-based calculations. The EA includes a partial profit-taking system and
Gold Rush 25 is a multi-strategy day trading robot for MetaTrader 5. It integrates several trading styles including trend continuation, support/resistance bounces, and session breakouts. The system employs multi-timeframe analysis to coordinate entries across various chart periods. It features institutional-grade risk
This MetaTrader 5 expert advisor is a trend-following robot that identifies market direction using dual Exponential Moving Averages and the Average Directional Index to filter trade strength. It manages exits through dynamic ATR-based stop loss and take profit levels, along with trailing stops and partial closure logic
The MT5 Data Collector is a utility for MetaTrader 5 that exports market information into external CSV files for further analysis. It features two separate scripts to record either granular tick data or aggregated candle data. The tool logs various parameters including price levels, tick direction, volume, and bid/ask
Manual Mode is a trading utility for MetaTrader 5 that provides a graphical interface for manual order execution. It allows traders to place market and limit orders while monitoring their risk profile through a dedicated overview panel. The tool focuses on assisting with position management and trade entry rather than
This MetaTrader 5 expert advisor automates a trend-following strategy using a combination of the Relative Strength Index and a Moving Average. It enters trades based on signals from a custom indicator that requires price to be on one side of the moving average while the RSI confirms momentum. The robot executes orders
This machine learning expert advisor for MetaTrader 5 utilizes ensemble and deep learning models to analyze market patterns. It offers a versatile multi-strategy approach, allowing users to toggle between trend-following, scalping, and grid-hedging behaviors. Risk controls are comprehensive, featuring fixed percentage
This MetaTrader 5 expert advisor executes trades based on the first valid pullback following a significant ZigZag swing. It incorporates Smart Money Concepts by utilizing Fair Value Gap filters and searching for specific price action patterns. Risk management is comprehensive, featuring percentage-based lot sizing, aut
This MetaTrader 5 expert advisor is designed for gold trading using a trend-following approach. It identifies entries through dual Exponential Moving Averages across multiple timeframes, specifically utilizing M5 for entries and H1 for trend confirmation. Risk management is a primary focus, featuring ATR-based stop los
This expert advisor for MetaTrader 5 implements a trading strategy based on Smart Money Concepts and Inner Circle Trader principles. It automates trade entries by identifying price action structures such as Break of Structure, Order Blocks, and liquidity sweeps. The system features a multi-window session manager for As
Set Fixed SL and TP EA is a management tool for MetaTrader 4 and 5 that automatically monitors open positions and pending orders to apply protective exit levels. The utility assigns stop-loss and take-profit values based on user-defined points, specific price levels, or a percentage of the stop-loss. It features granul
This collection of MetaTrader 5 expert advisors provides experimental trading strategies focused on session breakouts and Smart Money Concepts. The primary robot monitors the opening ranges of the London and New York sessions on the M5 timeframe to identify entry signals. It incorporates several risk management tools,
Golden7 is an automated trading system for MetaTrader 5 that utilizes a weighted confluence engine across seven technical indicators, such as Moving Averages, RSI, and Bollinger Bands. It uniquely allows users to input a manual fundamental bias score to influence trade direction. The robot includes a robust filtering s
This MetaTrader 5 robot implements a grid trading strategy featuring dynamic order spacing. Unlike traditional fixed grids, this expert advisor increases the distance between subsequent levels using an expansion factor. It employs martingale lot scaling where volumes grow exponentially based on the number of open posit
This Expert Advisor for MetaTrader 5 implements a bi-directional grid strategy combined with martingale lot scaling. The robot monitors buy and sell legs independently, opening new orders at fixed pip intervals when the price moves against existing positions. It utilizes an exponential growth factor to increase trade v
This MetaTrader 5 expert advisor collection uses a multi-indicator approach for trade entries. The primary logic involves a combination of MACD, three Triple Exponential Moving Averages (DEMA), the Relative Strength Index (RSI), and Stochastic oscillators. It filters signals using the Average Directional Index (ADX) an
This Expert Advisor for MetaTrader 5 automates supply and demand zone trading, specifically designed for XAUUSD on five-minute charts. It identifies zones based on directional streaks of five or more consecutive candles and executes trades when the price retests these newly formed areas. Risk is managed via fixed lot s
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 hour, 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 hour. 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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