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
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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 47Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 17Utility 2
Strategy
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 expert advisor for MetaTrader 5 implements a Smart Money Concepts strategy. It identifies institutional trade setups using Order Blocks, Fair Value Gaps, Break of Structure, and liquidity sweeps. The robot performs multi-timeframe analysis across five periods to determine market bias and ensure trend alignment. Ri
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
This MetaTrader 4 expert advisor executes a regime-gated breakout strategy specifically optimized for XRP and ETH markets. It operates on the H4 timeframe, utilizing Bollinger Bands for entry signals coupled with ADX and ATR filters to identify high-volatility trend environments. The EA employs a one-shot entry approac
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 MetaTrader 5 Expert Advisor implements a neural network-based trading strategy using the ONNX format for model deployment. It bridges a Python-trained machine learning model with the MQL5 platform to automate trade execution based on price change predictions. The system includes integrated risk management controls
This MetaTrader 5 expert advisor executes a breakout strategy based on specific three-day candlestick patterns. It identifies sequences of 'Up' or 'Down' days to trigger pending orders above or below the previous day's range. The EA manages entries using Buy Stop and Sell Stop orders with a configurable liquidity dista
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
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
Opening Bot is an automated trading robot for MetaTrader 5 that executes an opening range breakout strategy. It identifies the high and low price levels during specific market session starts, such as London, New York, Tokyo, or Sydney. The EA supports three entry models: instant breakout of the range, waiting for a can
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
GsignalX Velocity is a comprehensive trend-following toolkit for MetaTrader 5, designed for prop traders and fund managers. It utilizes a multi-engine approach for trade entries, combining PP SuperTrend, ATR SuperTrend, and SuperBollingerTrend signals. The system filters entries using moving averages and Bollinger Band
This repository contains a collection of MetaTrader 5 expert advisors focused on advanced quantitative and machine learning techniques. The featured EA utilizes a technical summary approach inspired by TradingView, combining moving averages and oscillators with neural network confirmation via Hopfield and Restricted Bo
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
SMC Systems Gold is an automated MetaTrader 5 expert advisor designed for trading XAUUSD using Smart Money Concepts. It identifies Points of Interest such as Order Blocks and Fair Value Gaps through an external indicator and executes trades based on M15 price action. The system enforces strict multi-timeframe alignment
This MetaTrader 5 expert advisor implements a multi-timeframe strategy based on the TTrades Fractal Model and Dow Theory. It operates using two distinct execution branches: Intraday (D1/H1/M5) and Swing (W1/H4/M15). The system analyzes market structure to identify points of interest, employing wick ratios and optional
This multistrategy expert advisor for MetaTrader 5 combines currency strength analysis, breakout/reversal logic, and swap carry trading. It targets various markets including forex, gold, oil, indices, and crypto. Trade execution involves ATR-based stop losses, multiplier-based take profits, and partial closing mechanis
This MetaTrader 5 expert advisor implements a candlestick pattern breakout and mean-reversion strategy. It identifies specific sequences of three candles to determine market entry points. The robot places pending buy stop, sell stop, and buy limit orders at fixed distances from previous price extremes to target liquidi
This MetaTrader 5 expert advisor provides an automated trading system with two primary operation modes: a multi-confluence signal engine and a Smart Money Concepts strategy. The confluence engine aggregates signals from RSI, MACD, Bollinger Bands, and EMA crossovers, while the Smart Money mode focuses on liquidity swee
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
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 pure price action to execute trades without traditional technical indicators. By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price acti
This MetaTrader 5 expert advisor implements the Daily Sweep strategy, focusing on Swing Failure Patterns. It monitors high-timeframe liquidity levels and executes trades on lower timeframes when price sweeps these zones. The robot manages entries during defined session hours, such as the New York session, and exits bas
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
Spike Can Can Drop is a MetaTrader 5 expert advisor designed to detect price action spike patterns, specifically the Can Can pattern. It uses an Average True Range multiplier to confirm volatility surges relative to a defined lookback period on higher timeframe structures. The utility features an on-screen dashboard mo
This MetaTrader 5 expert advisor implements a market regime filter inspired by Wyckoff principles, identifying phases like accumulation, distribution, markup, and markdown. It identifies trading ranges using a lookback period and triggers entries on confirmed breakouts with consecutive closes. Risk management is centra
This MetaTrader 5 collection provides five Expert Advisors focused on Ichimoku Chikou-Kijun crossovers. The repository includes basic alert tools and automated robots that execute trades based on lagging span movements relative to the base line. Advanced variants incorporate ADX and DI filters, Kumo cloud confluence, a
Garxy Fenx Lite is a trading framework for MetaTrader 5 that uses a multi-engine architecture to analyze market conditions and execute trades. The robot evaluates volatility, trend, and range data to calculate confidence scores for strategy and risk before opening positions. It manages trades using either fixed point t
Steadx is an Expert Advisor for MetaTrader 5 that automates various Smart Money Concepts and ICT strategies. It utilizes multiple entry models, including Order Block and Fair Value Gap confluences, the Unicorn model, and liquidity sweeps during specific sessions. The system filters trades using higher-timeframe trend a
MTF Confluence Trend is a MetaTrader 5 expert advisor designed for trend-following across multiple timeframes. It initiates trades when the local Supertrend indicator aligns with a higher timeframe trend, further filtered by ADX strength and optional volume conditions. The robot includes risk management features such a
SNRZ Bot is an automated trading system for MetaTrader 5 that implements a support and resistance breakout strategy. It identifies significant price levels requiring at least two touches and enters trades when price breaks and subsequently pulls back to these zones. The expert advisor includes built-in risk management
This collection for MetaTrader 5 provides a diverse range of algorithmic trading strategies and utility scripts. The featured Precision Sniper EA utilizes indicator resonance, combining EMA, RSI, and ATR for entry signals. It incorporates sophisticated risk controls including three-stage partial profit taking, structur
Harmonic Five is a MetaTrader 5 trading suite designed for harmonic pattern detection and execution across forex, gold, indices, and cryptocurrencies. It identifies ABCD, Gartley, Bat, Butterfly, and Crab formations using Fibonacci geometry. The included expert advisor handles entries on fresh patterns and manages exit
This MetaTrader 5 expert advisor automates an institutional-style breakout-retest strategy. It identifies structural high and low points within a defined lookback window and waits for a breakout followed by a confirmed pullback to the broken level. The EA utilizes a 50 and 200 EMA trend filter and ADX for momentum veri
Acteck QA5 is an analytical tool for MetaTrader 5 that performs quantitative analysis on historical price movements to identify trend segments and potential reversal zones. It utilizes a user-defined volatility filter in pips to categorize waves and calculates the mathematical probability of price exhaustion based on h
This Expert Advisor for MetaTrader 5 implements a trend-following strategy on the H4 timeframe by identifying pullbacks to the 50-period Exponential Moving Average. It utilizes the 200 EMA to define the primary trend and the 21 EMA to confirm momentum recovery after a pullback. The EA enters trades based on price rejec
MT5 AutoEA is a multi-strategy trading robot for MetaTrader 5 that utilizes an ensemble approach to market participation. It incorporates over twenty modular strategies, including trend following, mean reversion, and breakouts, which can be toggled individually. The EA supports two execution modes: a portfolio mode for
This repository features two MetaTrader 5 expert advisors specifically designed for Nasdaq indices. The first strategy utilizes a mean reversion approach based on the RSI-2 indicator on daily charts to identify oversold entries within a broader uptrend. The second strategy is a trend-following system for the M15 timefr
Advanced KT Trader is a price action robot for MetaTrader 5 that specializes in trading the Kangaroo Tail candlestick pattern. It employs a sophisticated scoring system to filter entries based on tail-to-body ratios and candle positioning. The strategy integrates support and resistance zone confluence alongside 200 EMA
This MetaTrader 5 expert advisor implements a comprehensive Smart Money Concepts strategy, detecting market structure shifts through Break of Structure and Change of Character events. It monitors Fair Value Gaps and liquidity sweeps to identify entry points across multiple timeframes. The system offers several executio
RB Xauusd Mt5 is a research-grade expert advisor for MetaTrader 5 focused on gold trading. It uses a systematic approach incorporating a 50/200 EMA bias on the H1 timeframe, structural analysis on M15, and volatility filtering via ATR and ADX on the M1 timeframe. The strategy incorporates complex risk management tools,
This MetaTrader 5 expert advisor automates trend-following strategies for Forex pairs and Gold. It analyzes the market using a multi-timeframe approach, referencing H4 and H1 Exponential Moving Averages to establish trend direction. Entry signals are refined with indicators including the Average Directional Index, Rela
Gold Liquidity Hunter Pro is a MetaTrader 5 expert advisor designed for trading gold and indices using Smart Money Concepts and ICT principles. It determines market direction using a daily 200 EMA bias and identifies entries based on H4 order blocks. The system includes multiple volatility and trend filters, such as AD
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
This MetaTrader 5 expert advisor automates several price action strategies, including pin bar reversals at support and resistance levels, trendline bounces, and break-and-retest patterns. The robot employs multi-timeframe analysis to align entries with higher timeframe trends. Risk controls include percentage-based pos
This MetaTrader 5 expert advisor executes a trend-following strategy based on Donchian Channel breakouts and MACD filters across multiple timeframes. It utilizes a higher timeframe for trend direction while identifying entry opportunities on lower timeframes. The robot includes a trend memory mode designed to manage en
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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