This is a modular MetaTrader 5 expert advisor framework designed to accelerate the development of custom trading strategies. It provides a standardized base that includes position management, risk controls, and multi-symbol support. The template features configurable entry and exit logic, integrated stop loss and take
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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 8Trade manager 1Risk & protectionNews tradingCopier & bridgeFramework & template 2Collection 9Utility
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This Expert Advisor framework for MetaTrader 4 provides a modular template for building custom trading strategies. It handles complex trade management tasks, including multi-symbol execution, margin-based position capping, and various lot-sizing algorithms such as risk percentage or fixed volume. Risk controls include
This repository features a collection of MetaTrader 5 trading utilities and management tools. The central component is the ASQ Command Desk, a manual trading dashboard that offers one-click execution and hotkey support. It manages positions using a three-stage partial take-profit logic and provides various trailing sto
This repository features a vast collection of over 1,100 open-source Expert Advisors for the MetaTrader 4 platform. It serves as an educational library containing diverse trading strategies, including trend following, breakout, scalping, and mean-reversion systems. The collection explicitly includes high-risk methodolo
This MetaTrader 5 expert advisor functions as a grid-based recovery system that can operate independently or manage trades from external EAs via magic number filtering. It initiates entries using Bollinger Bands and RSI indicators, then manages drawdown through a recovery grid matrix. The system employs dynamic ATR-bas
This MetaTrader 5 expert advisor is designed specifically for the Deriv Crash 300 Index synthetic market. It employs a jump-diffusion model to detect price spikes and enters long positions during the subsequent recovery drift phase. The robot manages trades using fixed stop loss and take profit targets, with additional
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
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
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
This MetaTrader 5 expert advisor acts as a quantitative trading assistant and order manager. It features a comprehensive graphical interface with tabs for trade operations, account monitoring, and position tracking. The system utilizes a predefined twenty-level lot sizing progression, which is typically used for recove
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
This Expert Advisor for MetaTrader 5 implements trading logic based on Smart Money Concepts, specifically the ICT 2022 mentorship model. It automatically identifies market structures such as Fair Value Gaps, fractals, and rejection blocks across multiple timeframes to locate entries. The system includes a time-based fi
This MetaTrader 5 expert advisor implements a grid-based trading strategy combined with an EMA trend filter. It enters positions based on price relation to a 50-period Exponential Moving Average. If a trend reverses while a basket is active, the EA initiates a dual-mode recovery by opening a new basket in the opposing
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
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 repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a Renko Reversal strategy ported from Pine Script. The main robot identifies trend shifts by simulating Renko bricks on standard OHLC bars, entering and exiting trades based on a configurable number of consecutive bricks. It
Bakome Hash EA is a trend-following expert advisor for MetaTrader 5 that combines Exponential Moving Average crossovers with RSI momentum filtering. It initiates trades based on the interaction between fast and slow EMAs while confirming momentum through RSI levels. The robot utilizes Average True Range for calculated
This repository features a collection of MetaTrader 5 expert advisors centered around the MultiLevel Grid strategy. The system manages trades through baskets, allowing users to close positions based on account currency profit, point thresholds, or individual targets. It supports manual execution via an interactive on-c
Puer Tigris is a MetaTrader 4 expert advisor that implements multiple entry strategies, primarily focusing on Bollinger Bands mean reversion. It features a martingale lot scaling system where position sizes are multiplied after a trade is closed, with a configurable limit on the number of recovery levels. The robot use
This MetaTrader 5 expert advisor utilizes Stochastic Oscillator crossovers to execute buy and sell orders. It calculates entry signals based on a minimum difference between the %K and %D lines. Risk management includes stop loss and take profit levels calculated using spread multipliers, as well as a trailing stop that
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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