EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
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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
Trading robot 13Trade manager 1Risk & protectionNews trading 4Copier & bridgeFramework & templateCollection 3Utility
Strategy
JB News Bot is an automated trading expert advisor for MetaTrader 4 and MetaTrader 5 that executes positions based on scheduled economic data releases. It interfaces with the JBlanked News API to fetch calendar events from sources including MQL5, Forex Factory, and FXStreet. The EA allows users to configure specific en
This MetaTrader 5 expert advisor collection provides multiple variants for scalping gold on the one-minute timeframe. It utilizes a combination of Stochastic Oscillator crossovers and linear regression analysis to identify trend quality and entry points. Trade management is handled through ATR-based dynamic stop loss a
HLT is an automated trading robot for MetaTrader 5 that focuses on market structure and swing analysis across multiple timeframes from M1 to H4. The expert advisor synchronizes with New York time and identifies setups based on price swings and daily trading plans. It includes a fixed risk money management module and sp
This news filter module for MetaTrader 5 provides a framework for Expert Advisors to avoid trading during high-impact economic events. It features a dual-layer system: a decision layer that blocks new entries and an action layer that can flatten current positions or cancel pending orders. The tool supports live termina
This collection for MetaTrader 5 features an ADR-based grid trading expert advisor and a dedicated risk management tool. The primary trading robot identifies reversal opportunities using Average Daily Range percentages, RSI, and Stochastic oscillators. It includes an automated news filter and supports external CSV sign
This MetaTrader 5 expert advisor implements Inner Circle Trader concepts, specifically focusing on Order Blocks and PD Arrays for trade entries. The robot identifies price action structures including breakouts, range-based patterns, and Fibonacci extensions. For risk management, it utilizes ATR-based stop losses, trail
This repository provides a collection of expert advisors for MetaTrader 4 and 5, centered on news event volatility and trend following. The primary NewsTrader tool integrates with online economic calendars to automate trade placement seconds before scheduled events. It deploys a grid of pending orders with configurable
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
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
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 automated trading system for MetaTrader 5 utilizes machine learning models via the ONNX runtime to forecast currency trends. It implements an ensemble approach, combining predictions from Logistic Regression, Support Vector Machines, Random Forest, and XGBoost. The system operates in two primary modes: technical i
Straddle Grid is an automated trading robot for MetaTrader 5 that deploys bidirectional stop-order grids based on fixed price distances. The expert advisor utilizes a gates system to filter entries by ATR volatility, spread limits, and specific GMT trading sessions. It manages positions as a basket with currency-based
The News Calendar EA for MetaTrader 5 is an automated tool designed to execute or manage trades based on economic events. It features a canvas-based dashboard and utilizes an SQLite database to store and track calendar data. The system allows users to enter trades before or after news releases or pause activity during
This MetaTrader 5 Expert Advisor functions as a bridge for TradingView alerts, processing signals through a Python-based webhook server. It executes a mechanical strategy involving trend following, Fair Value Gaps, and structural changes like Break of Structure. The EA includes sophisticated risk management such as dyn
DayBlocker is a utility expert advisor for MetaTrader 5 that manages the global AutoTrading state based on economic events. It monitors the built-in MQL5 calendar and a manual text file for high-impact news such as Flash PMI, FOMC meetings, and Non-Farm Payrolls. When a specific event is detected for the current day, t
This MetaTrader 5 expert advisor integrates Large Language Models such as OpenAI and Anthropic Claude with technical analysis to automate trading across forex, gold, crypto, and indices. It utilizes a confluence scoring system based on Smart Money Concepts, Ichimoku Cloud, and standard indicators like RSI and MACD. The
SMC Copet Trader is an expert advisor for MetaTrader 5 that implements a strategy based on Smart Money Concepts and ICT principles. It analyzes market structure and order blocks across multiple timeframes to identify trade entries. The robot manages risk through a modular protection system, including a grid recovery me
Sharrow is an AI-driven trading robot for MetaTrader 5 that integrates with a Python-based machine learning toolchain. It functions as a trend engine, primarily designed for the H1 timeframe, using rules generated from walk-forward training scripts. The system includes sophisticated risk controls such as daily drawdown
Golden Structure is a trend-following expert advisor for MetaTrader 5, specifically optimized for Gold (XAUUSD). It uses an exponential moving average to determine the primary market bias and enters trades based on price action rejection wicks following a pullback. The EA prioritizes risk control with automated lot siz
Gotobi Basic EA is a trading robot for MetaTrader 4 and MetaTrader 5 designed to exploit the Japanese Gotobi anomaly. It targets days divisible by five, when demand for the US Dollar typically increases among Japanese firms for settlement. The EA enters a long position at the market open, closes it at the 9:55 AM Nakan
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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