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 23Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 22Utility 2
Strategy
This repository contains a diverse collection of MetaTrader 5 expert advisors ranging from RSI-based scalping robots to multi-timeframe trend following systems. The EAs utilize various technical indicators including EMA crossovers, MACD momentum, and ATR for volatility-based exits. The core logic often incorporates mul
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 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 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 machine learning robot for MetaTrader 5 uses an ensemble of AI models including LSTM, GRU, and LightGBM to predict price movements. It executes trades based on signal confidence and predicted price targets. The EA features multiple risk controls such as volatility filters, trend-based MA filters, RSI checks, and a
This repository provides a diverse collection of MetaTrader 4 and MetaTrader 5 expert advisors covering multiple trading methodologies. It includes robots for smart money concepts with fair value gap detection, Joe Ross hook patterns, and volatility-based scalping. The library features specific tools for XAUUSD and mul
This MetaTrader 5 repository provides a suite of algorithmic trading tools known as the Zerith series. The featured SwingGrid EA utilizes ADX trend filters and ATR-based volatility thresholds to execute trades, employing a recovery grid system with dynamic lot multipliers. Other tools in the set cover news straddle bre
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
KolaTradebot is a MetaTrader 5 expert advisor that executes a multi-asset strategy using Smart Money Concepts and a Global Order Model. It bridges the platform with a Python-based server to analyze market structures like order blocks, fair value gaps, and liquidity sweeps across multiple timeframes. The system includes
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 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
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 collection for MetaTrader 5 provides several automated Expert Advisors designed for various symbols including forex, gold, and indices. The repository features Mecha Godzilla, a grid trading system using ATR-based spacing and bidirectional orders, alongside specialized bots for Asian session breakouts and H4 trend
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
Fibonacci ICT EA for MetaTrader 5 combines institutional price action concepts with Fibonacci retracement levels. It identifies higher timeframe trends and enters on pullbacks to specific golden zones using confirmations like Break of Structure and Fair Value Gaps. The system includes robust risk management such as per
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 Expert Advisor for MetaTrader 5 offers two distinct trading modes: Donchian Channel breakouts for trend following and session range breakouts for daytrading. The Donchian mode utilizes high/low channel breaks filtered by an Exponential Moving Average, while the session mode targets breakouts from defined UTC time
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
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
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 institutional trading principles to trade Gold and major Forex pairs. It employs a multi-agent confluence scoring system that evaluates market structure, liquidity sweeps, fair value gaps, and EMA trends before entering trades. The system filters entrie
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 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
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
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
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 automated expert advisor for MetaTrader 5 executes trades based on Gann Box analysis, identifying entries at dynamic support and resistance levels. It features advanced risk controls including hard stop loss, take profit, and a trailing stop. The EA provides four capital management modes: fixed lot size, risk perc
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 functions as an automated tool and collection for extracting Expert Advisors from Telegram chats. It provides a pipeline to download, structure, and analyze MetaTrader files using LLM-based processing and a centralized SQLite dashboard. The collection includes various robots like Gold Trade Pro and Spac
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
This MetaTrader 5 repository provides a collection of expert advisors focused on automated grid and hedging systems, primarily for the gold market. The featured Phoenix EA utilizes dynamic grid spacing based on USD values and a tactical selling module to manage market imbalances. It includes a deep recovery mode that t
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 repository is a collection of MetaTrader 5 expert advisors focusing on quantitative research and price action strategies. It includes implementations of Smart Money Concepts and Inner Circle Trader methods, such as Order Blocks, Fair Value Gaps, and liquidity sweeps. Other components feature Ichimoku Kinko Hyo tre
Ravan EA is a multi-indicator confluence trading robot for MetaTrader 5. It utilizes a scoring engine based on seven indicators, including EMA crossovers, Supertrend, ADX, RSI, automated support and resistance levels, candlestick patterns, and volume analysis. The expert advisor enters trades when a user-defined signal
This MetaTrader 4 robot implements a grid-based hedging strategy triggered by inside bar price formations. It places multiple pending orders on both sides of a breakout and uses martingale lot scaling to increase position sizes for subsequent entries. The expert advisor is designed for the H4 and Daily timeframes, util
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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