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
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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.
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Platform
MT4MT5 9
Type
Trading robot 8Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 1Utility
Strategy
Trend following 2BreakoutScalpingGrid 1Martingale 1Hedging 2Mean reversion 2SMC / ICT / price action 3Indicator crossover 2ArbitrageAI / machine learning 1NewsMulti-strategy
EAPRO M is a price action scalper for MetaTrader 5 that utilizes a coordinate-based drag-and-drop system for trade placement. It manages execution through market, stop, and limit orders with automated position sizing based on account risk percentages. The EA incorporates multiple risk management layers, including daily
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
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
Moon HFT Pro is a MetaTrader 5 expert advisor that executes trades on the one-minute timeframe using analysis from five-minute and fifteen-minute charts. It identifies entries through a combination of Smart Money Concepts, market structure, and technical indicators including Moving Averages, RSI, and MACD. The system c
HFT Grid AI is a MetaTrader 5 Expert Advisor foundation built for high-frequency trading and grid-based strategies. It employs a broker-aware execution model that validates trade plans against local simulations before sending orders to the market. Key features include stochastic market structure analysis, session-based
This MetaTrader 5 expert advisor serves as a bridge for the NautilusTrader Rust engine, enabling high-frequency trading strategies. It focuses on order flow analysis and order book imbalance through a dedicated DLL integration. The EA manages execution using either fixed lot sizes or percentage-based risk, with built-i
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
Fast Scalper is an Expert Advisor for MetaTrader 5 that executes trades based on price ranges and tick velocity. It monitors short-term and long-term price extremes using 40-candle and 200-candle lookback periods to establish market context. The system incorporates a hedging mechanism to manage open positions, using sp
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.
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