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
Synced with GitHub · updated today
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.
Type
Strategy
This MetaTrader 5 robot is a trend-following expert advisor converted from Pine Script, designed primarily for gold scalping on the one-minute timeframe. It identifies entries using a triple Exponential Moving Average stack combined with Relative Strength Index filters and candle confirmation. The EA manages risk throu
Pi EA Auxiliary Panel is a management tool for MetaTrader 4 and 5 designed to enhance manual order execution and automated trade handling. It features an interactive on-chart interface that allows users to split large orders into smaller positions, apply automated break-even levels, and execute trailing stops for indiv
Liquidex Volatility Trader is a MetaTrader 5 expert advisor designed for high-frequency trading styles, focusing on market volatility. It utilizes a Linear Weighted Moving Average combined with Average True Range (ATR) indicators to identify entry signals based on price ranges. The EA manages exits using a dynamic trai
CBMQL is a development framework and build tool for MetaTrader 5 designed to modularize Expert Advisor code. Inspired by modern web development bundlers, it allows developers to break complex trading systems into reusable modules and bundle them into a single portable file. The system includes a Node.js-based environme
This MetaTrader 5 expert advisor implements Smart Money Concepts (SMC) by identifying liquidity sweeps and premium or discount zones. It detects buy-side and sell-side liquidity levels, looking for price sweeps followed by retest entries. The robot manages trades using a fixed risk-to-reward ratio, trailing stops, and
This MetaTrader 5 expert advisor provides a versatile trading framework featuring nine selectable entry signals, including Ichimoku, RSI, Bollinger Bands, and EMA crossovers. It employs a Dollar Cost Averaging strategy with configurable lot multipliers and distance scaling to manage positions. A notable feature is the
MQL Realtime Dashboard is a monitoring utility for MetaTrader 4 and 5 that exports account information to a web-based dashboard in real time. It collects account metrics including balance, leverage, equity, and historical trade data such as win rates and drawdown statistics. The expert advisor establishes a TCP connect
Advanced Grid Trading is a MetaTrader 5 expert advisor that manages a complex grid strategy across four configurable layers. It places stop and limit orders at fixed intervals, employing either fixed or geometric lot scaling for increased grid depth. Trade management includes a shared profit pool used to close losing p
This repository is a compilation of MetaTrader 4 and MetaTrader 5 expert advisors primarily focused on gold (XAUUSD) trading. The core system included features seven independent trading strategies that can be enabled concurrently. It provides various risk management tools, including automated lot sizing based on accoun
This MetaTrader 5 expert advisor serves as a communication bridge using the ZeroMQ library to connect the terminal with external command-line interfaces. It facilitates the bidirectional exchange of tick data, candle rates, and indicator values between MetaTrader and external applications. The tool is designed to recei
Chimera is an automated trading system for MetaTrader 5 designed to trade XAUUSD through multi-asset confluence. It analyzes price action across several timeframes, from M5 to H4, and incorporates inverse correlation filters using the US Dollar Index and US30. The EA identifies entries using harmonic patterns and RSI d
This MetaTrader 5 expert advisor executes a multi-stage trading strategy focusing on H1 trendline breakouts and RSI divergences. It refines entries on the M5 timeframe using Change of Character and micro Break of Structure signals. The EA includes automated risk management with percentage-based lot sizing and ATR-based
This collection of MetaTrader 5 expert advisors contains numerous trading scripts, with the primary source code focusing on a gold-trading strategy. The robot utilizes a combination of the Relative Strength Index, Average True Range, and Average Directional Index alongside three simple moving averages to identify trend
This collection of MetaTrader 5 expert advisors provides several technical strategies for automated trading. The primary implementation uses a triple exponential moving average crossover for signals, supported by an Average True Range volatility filter. Risk control is managed via equity percentage or fixed lot sizing,
The MT5 Cpp API Bridge is a technical integration tool for MetaTrader 5 that facilitates communication with external C++ applications using Windows Shared Memory. It acts as a middleware, providing a command-based interface for opening and closing trades, managing positions, and retrieving real-time account data. The s
Traderbot 4K is an automated Expert Advisor for MetaTrader 5 that utilizes a strategy based on market equilibrium and price action concepts. It features an equity-based kill switch that automatically closes positions when a pre-defined profit percentage of the account balance is reached. The system incorporates risk ma
This Expert Advisor for MetaTrader 5 is a conversion of the EMA Slope and EMA Cross strategy originally developed for TradingView. It employs three Exponential Moving Averages with default lengths of 2, 4, and 20 to generate signals based on trend slope and price crossovers. The system supports a reversal-based trading
The repository provides a collection of MetaTrader 5 expert advisors and analytical tools. The main featured tool is a 3D correlation matrix that visualizes the statistical relationships between multiple currency pairs over a customizable date range using DirectX and Canvas graphics. In addition to this analytical tool
This MetaTrader 5 expert advisor acts as a modular architectural blueprint for developing complex algorithmic trading systems. It demonstrates a structured framework for separating user interface components, input configurations, and core execution logic into maintainable layers. While the repository provides placehold
OverNight Close EA is a trade management utility for MetaTrader 4 and 5 designed to automatically close open positions and delete pending orders at specified times. It allows users to set unique closing windows for each day of the week, making it useful for prop firm traders who need to avoid weekend carryover. The EA
This MetaTrader 5 expert advisor utilizes a weighted signal scoring system to execute trades based on four technical indicators: Moving Average crossovers, RSI, Bollinger Bands, and MACD. It incorporates multi-timeframe analysis across M15, M30, and H1 periods to confirm trend direction. Risk management features includ
Mr X Grid Hedge is a MetaTrader 5 expert advisor specifically designed for XAUUSD trading. It utilizes a grid strategy with entry signals confirmed by a combination of EMA crossovers, RSI bounds, and ATR volatility filters. The system manages risk through automated hedging triggered by drawdown or specific grid depth.
This Expert Advisor for MetaTrader 5 executes an Opening Range Breakout strategy enhanced with a daily trend filter. It identifies the high and low price levels during a specific market session opening, defined by the user. The robot enters trades when price breaks out of this range, but only if the direction matches t
This collection for MetaTrader 5 features a suite of tools focused on drawdown protection and price action strategies. The primary risk management utility monitors account equity and balance, allowing users to set maximum loss thresholds in either percentage or fixed currency amounts. It can automatically block trading
This expert advisor for MetaTrader 5 automates trading strategies based on the Asian session price range. It calculates the high and low of a defined Asian session and executes breakout or range-reversion trades during the US session. The robot includes automated risk management features such as lot sizing, stop loss a
This MetaTrader 5 collection provides specialized robots for trading XAUUSD, featuring a range-based mean reversion system and a trend-following expert advisor. The primary mean reversion strategy utilizes RSI, Bollinger Bands, and previous daily highs and lows to identify reversal points. It includes comprehensive ris
This MetaTrader 5 expert advisor is designed for gold (XAUUSD) scalping using Smart Money Concepts and ICT principles. It identifies entries through multi-timeframe analysis across M5, M15, and H1 periods, combined with RSI momentum confirmation. Risk management features include configurable stop loss and take profit l
MQ Autonomous is a momentum breakout expert advisor for MetaTrader 4 and MetaTrader 5. It scans multiple assets simultaneously for significant daily price movements exceeding a specified percentage. Once a threshold is met, the system seeks entries based on price breaking recent highs or lows, supported by a volume ave
Oslib is an extensive repository of Expert Advisors and indicators for MetaTrader 5, encompassing various quantitative trading approaches. The collection includes statistical arbitrage robots that trade spreads between two correlated symbols, machine learning experts utilizing Support Vector Machines (SVM), and high-fr
This repository serves as an extensive educational resource for MetaTrader 5, containing a wide variety of Expert Advisors and indicators based on a series of MQL5 development articles. It includes robots utilizing technical indicators such as RSI, MACD, Ichimoku, and Bollinger Bands. The collection features tools for
This trade management expert advisor for MetaTrader 5 provides a comprehensive execution panel featuring a TradingView-inspired position tool. It allows users to visually define risk through draggable on-chart stop loss and take profit zones, automatically calculating lot sizes based on a percentage of account risk. Th
This repository contains a set of automated trading robots for the MetaTrader 5 platform, focusing on indicator-driven entry logic. The primary expert advisor utilizes Relative Strength Index levels to identify potential reversals, filtered by a Moving Average to ensure trades align with the prevailing trend. Risk mana
RiskGuard Pro is a multi-strategy expert advisor for MetaTrader 5 that combines automated trade execution with comprehensive risk management. It features a voting engine that aggregates signals from indicators like RSI, MACD, and Bollinger Bands. The EA supports various lot-sizing methods, including fixed lots and perc
Xau Cloud AI Sniper is an automated trading robot for MetaTrader 5 designed for gold trading. It utilizes a multi-layered entry pipeline involving a pattern engine, breakout detection, and trend alignment, often synchronized with external cloud-based market outlooks. The system features an AI-filter mode to validate tr
This MetaTrader 5 expert advisor functions as a comprehensive chart annotation and signal scanning tool based on Smart Money Concepts and Price Action. It identifies structural elements such as order blocks, fair value gaps, liquidity pools, and market structure shifts across multiple symbols simultaneously. The system
AI Game Theory Trader is a MetaTrader 5 expert advisor that employs Nash-style statistical signals for automated trade execution. It utilizes adaptive logic to calculate lot sizes based on user-defined risk percentages. The EA manages risk through stop losses, take profits, and trailing stops, which can be fixed or ATR
This MetaTrader 5 repository contains a large collection of expert advisors developed using the fxDreema visual builder. The primary strategy utilizes a triple moving average system with 200, 25, and 5 periods to detect trends, combined with ATR-based volatility filters for trade exits. It features grid-based order lay
Otto EA is a MetaTrader 5 expert advisor ported from Pine Script, designed for institutional-style trading and price action analysis. It utilizes a proprietary Wick1+Wick2 support and resistance block methodology to identify market structure and potential entry points. The system includes a sophisticated trade manageme
This expert advisor for MetaTrader 5 is a sophisticated trading system specifically optimized for gold. It operates as part of a hybrid ecosystem, utilizing a Python-based desktop interface for local machine learning model training and market analysis while executing trades via the MQL5 robot. The EA employs a multi-la
Mveuuh Gold is an automated MetaTrader 4 expert advisor designed specifically for trading XAUUSD. It utilizes a multi-layered trend filtering system based on three Exponential Moving Averages and the Average Directional Index to determine entry direction. The EA employs a grid-based pyramid strategy, opening additional
This MetaTrader 5 expert advisor collection focuses on machine learning strategies, specifically Lorentzian Classification and Nadaraya-Watson Kernel Regression. It is primarily designed for trading gold on the H4 timeframe but offers configurable parameters for broader market use. The system supports both mean-reversi
This MetaTrader 5 expert advisor is a research-oriented reinforcement learning system implemented natively in MQL5. It utilizes a Deep Q-Network to make trading decisions based on market states derived from technical indicators, volatility, and supply-demand zones. The system manages trades using a grid-based basket ap
XSpark is a modular automated trading framework for MetaTrader 5 that prioritizes capital protection and risk management. It includes a collection of distinct Expert Advisors covering various methodologies: a trend-pullback scalper, candle momentum tracking, Smart Money Concepts (SMC), and ICT liquidity models. The sys
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and institutional trading principles to trade Gold and major Forex pairs. It employs a multi-agent confluence scoring system that evaluates market structure, liquidity sweeps, fair value gaps, and EMA trends before entering trades. The system filters entrie
This MetaTrader 5 expert advisor is a component of the MT5-AI ecosystem, designed to interface with Python gateways and Telegram signals. The robot processes external signals to identify specific candle patterns and automatically plot Fibonacci retracement levels on the chart. It features multiple operational modes inc
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 collection of MetaTrader 5 expert advisors focuses on grid and basket trading strategies. The core system establishes a reference price based on a specific hourly candle to initiate buy and sell grids. It manages risk using volume-weighted basket targets for take profit and stop loss. The EA employs aggressive lot
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers