This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc
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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 utility serves as an automated trade manager focused on risk reduction. It monitors active positions and moves the Stop Loss to the entry price once a specific profit target, defined in pips, is reached. The tool allows for an optional offset to account for spreads or transaction costs. It does not in
This MetaTrader 4 expert advisor and modular framework provides advanced trade management and position scaling capabilities. It features a linear trailing stop that triggers at a predefined profit level and a pyramiding system to add positions to winning trades using a lot multiplier. The code is structured as a librar
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 framework implements the MQTT 5.0 protocol natively within MQL5 without external DLL dependencies. It serves as a bridge between the trading platform and MQTT brokers, allowing for remote monitoring and data integration. The provided Status Monitor Expert Advisor tracks account metrics such as balance
Trading AI System is a data collection utility for MetaTrader 5 designed to generate high-quality datasets for machine learning. Rather than executing its own trades, the expert advisor acts as a flight recorder, capturing raw market snapshots, bid/ask spreads, and detailed trade events. It automatically saves synchron
Zed MQL5 provides comprehensive MetaTrader 5 development tools for the Zed editor. It delivers advanced coding features including syntax highlighting for over 400 built-in functions, context-aware autocompletion, and a native language server. The repository includes a sample expert advisor that implements a classic dua
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
This MetaTrader 5 expert advisor serves as both a manual trading dashboard and an automated execution tool. Users can perform one-click operations, manage batch stop loss and take profit levels, and adjust orders visually via chart dragging. The automated component utilizes external arrow indicators, such as HalfTrend,
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
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 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
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
Axole is a MetaTrader 5 expert advisor that implements a classic moving average crossover strategy. It operates specifically on the one-minute timeframe, identifying trends when a fast simple moving average crosses over a slow simple moving average. The robot restricts trading to one open position per symbol at a time
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
MQT Microstructure Analysis is a comprehensive header-only framework for MetaTrader 5 designed to process high-frequency market data. It transforms raw tick, quote, and Depth of Market events into structured measurements for order flow, liquidity depth, and price impact. The system includes specialized modules for calc
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
DomPanion is a trade management and risk protection utility for MetaTrader 5 designed for discretionary traders. It monitors active positions to enforce lot size limits, session-based trading restrictions, and monetary take-profit or stop-loss targets. The EA features a dashboard with time-based performance analysis an
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 MetaTrader 5 utility integrates Gexbot API data to visualize option-based market sentiment directly on the chart. It fetches and displays Gamma Exposure (GEX) profiles, including Open Interest, volume, and State data like Delta and Vanna across various days to expiration. The EA draws key levels such as Zero Gamma
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
Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a
This Expert Advisor for MetaTrader 5 implements a trend-following strategy based on the crossover of 15-period and 60-period Exponential Moving Averages. It employs a continuous reversal logic to maintain market presence, switching between long and short positions as trends shift. Risk management includes ATR-based dyn
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
Dino Open Engine is a data-driven algorithmic trading framework for MetaTrader 5 designed to decouple strategy logic from MQL5 code. Instead of recompiling binaries, users define strategies using a fluent C# API and store them in a shared SQLite database. A single compiled expert advisor executes these strategies based
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
Celebro XAU is a microtick scalping robot for MetaTrader 5, specifically developed for gold trading. It analyzes short-horizon price velocity, acceleration, and uptick imbalance using a rolling tick buffer to identify entry points. The system manages risk through automated position sizing based on account equity, manda
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance. It monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit
The Phoelix Receiver EA is an automated execution bridge for MetaTrader 5 that translates signals from TradingView into live market positions via a Telegram API pipeline. It functions as a low-latency connector, polling a specific Telegram channel for trade instructions including entry, exit, and lot sizing. The adviso
This MetaTrader 4 expert advisor implements a mean-reversion strategy using Z-score analysis of VWAP log-returns. Instead of fixed parameters, the system dynamically calculates an optimal lookback window by comparing observed price volatility against theoretical random walk models. The EA enters trades when price retur
Smart Trader Forex is an automated expert advisor for MetaTrader 5 that employs dual strategies for trend following and mean-reversion scalping. It monitors over 15 currency pairs simultaneously using a multi-symbol scanner and a signal quality filter. Risk management includes ATR-based stop losses, trailing stops, and
This MetaTrader 4 expert advisor implements a foundational trend-following strategy based on a 20-period Exponential Moving Average. It enters long positions when the market price trades above the average and short positions when it trades below. The code is designed as a template for users of the book Options Trading
This MetaTrader 5 collection features the Prime Quantum AI expert advisor alongside a Python-based FastAPI dashboard for strategy management. The primary robot utilizes a hybrid logic, combining traditional indicators like ADX and the Bill Williams Alligator with external artificial intelligence models for market analy
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
This MetaTrader 5 expert advisor provides an on-chart dashboard for manual trade execution and management. It features dedicated buy and sell buttons alongside editable fields for lot size, take profit, and stop loss distances. The tool includes a toggleable trailing stop mechanism that utilizes the stop loss input as
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,
MQL Relay Executor is a MetaTrader 5 utility designed to automate the execution of trading signals received from external platforms like TradingView. It functions as a bridge that monitors for incoming signal data and manages the subsequent trade lifecycle. The system includes logic for automated risk management, such
High Performance Forex (hpFX) is an indicator-agnostic framework for MetaTrader 4 designed for large-scale backtesting and strategy automation. It allows traders to define complex rules by combining up to ten custom indicators as entry signals, confirmation filters, or exit triggers using a flexible string-based encodi
MADR Brothers is a MetaTrader 5 expert advisor that utilizes multi-timeframe Moving Average Deviation Rates to identify trading opportunities. It filters market trends using a long-period MADR on higher timeframes while entering trades based on overbought or oversold levels of a shorter-period MADR. The system includes
This MetaTrader 5 expert advisor functions as a monitoring and notification tool that integrates with Telegram via a bot. It tracks account activity in real-time to send alerts for trade executions, including details on entry prices, stop loss, and take profit. Upon closing a trade, it provides comprehensive data on ne
This MetaTrader 5 expert advisor serves as a centralized management interface for monitoring and controlling multiple active trading bots across various charts. It automatically identifies running experts and their associated Magic Numbers by scanning active chart templates in real-time. The tool provides a custom grap
Docker MT5 is a full-stack integration tool that enables MetaTrader 5 automation via a Python API. It uses a ZeroMQ-based Expert Advisor to bridge communication between the terminal and external scripts for trade execution and data retrieval. The project includes a Docker configuration to run MetaTrader 5 on Linux envi
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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