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
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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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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 grid trading strategy specifically designed for sideways or range-bound market conditions. It places multiple buy and sell orders at fixed intervals defined by the user. The EA includes several operational filters, such as specific trading days and time sessions. Risk manag
This repository provides a collection of MetaTrader 4 expert advisors, including Evoque Global, Alpha Winner, and FXBULL. These robots primarily implement grid strategies with martingale lot scaling to manage positions. Evoque Global specifically includes a news filter, customizable trading hours, and an equity-based s
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 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 collection focuses on the Quantum Gold Grid, a trend-following system designed for the XAUUSD market. The robot uses exponential moving averages to determine direction and manages entries through a grid mechanism. It features aggressive lot scaling via a martingale multiplier and dynami
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 collection features several expert advisors, with a primary focus on the ICT v2 robot. The main strategy implements Smart Money Concepts, identifying Market Structure Shifts, Fair Value Gaps, and Liquidity Sweeps across high, medium, and low timeframes. It automates entries on price retracements with
OmniB3 is an automated grid trading expert advisor for MetaTrader 5, specifically developed for the Brazilian B3 exchange mini-contracts including WIN (mini-index) and WDO (mini-dollar). It employs a multi-indicator entry system with up to four confirmation layers, utilizing signals such as RSI. The EA features an adva
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
Bakome Bitcoin EA is a trend-following robot optimized for trading BTCUSD on the MetaTrader 5 platform. It generates trade signals using an exponential moving average crossover combined with price breakouts on the H1 timeframe. The system features a grid recovery module that adds positions with a lot multiplier when tr
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
Crystal Light is a MetaTrader 5 expert advisor specifically configured for XAUJPY on the M3 timeframe. It employs a confluence-based strategy using buy and sell differentials to trigger entries. The system features independent take profit levels, a trailing stop with adjustable buffers, and a risk-based auto-lot sizing
This MetaTrader 5 expert advisor implements a mean-reversion strategy based on the Relative Strength Index. It replaces traditional static oversold and overbought levels with dynamic extremes calculated from historical volatility. The bot utilizes a multi-entry grid approach, opening up to fifteen averaged positions to
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
This MetaTrader 5 expert advisor collection provides various automated strategies, with a primary focus on swing trading gold. The core logic utilizes dual Exponential Moving Averages for trend filtering and the Relative Strength Index to identify specific entry points. It manages risk using Average True Range for dyna
Adaptive Quant Grid is an automated trading system for MetaTrader 5 that utilizes a dynamic grid strategy. It adjusts grid spacing based on market volatility using the Average True Range indicator and includes a regime filter powered by ADX and EMA to distinguish between trending and ranging markets. The EA supports sy
Xauusdt MT5 is an automated trading robot for MetaTrader 5, specifically optimized for gold trading. It executes a grid-based strategy with martingale lot scaling, where position sizes are increased by a user-defined multiplier after losses. The system features a dual-stage grid distance mechanism that adjusts spacing
This MetaTrader 5 expert advisor implements a multi-pair grid and dollar-cost averaging strategy. It monitors a configurable list of currency pairs and determines trade direction using a moving average trend filter. When price moves against an initial position, the bot opens additional levels using fixed, additive, or
This MetaTrader 5 repository contains a collection of expert advisors, primarily documented around the TrioMartingale strategy. This system uses a martingale grid approach on AUDNZD, NZDCAD, and AUDCAD to exploit triangular correlation and mean-reversion. Entries are filtered using RSI and Moving Averages, while risk i
RapidPass EA (RPEA) is an MT5 trading robot designed specifically for passing prop firm challenges. It utilizes a hybrid ensemble architecture combining Burst-Weighted Imbalance with Session Confluence (BWISC) and mean-reversion strategies. The EA incorporates machine learning through Q-learning and contextual bandits
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 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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