MT4 
MT5 
This MetaTrader 4 expert advisor is designed for XAUUSD scalping on the M1 timeframe. It switches logic based on market regimes: in trending markets, it follows the higher timeframe direction using EMA reversals and breakout entries, while in ranging markets, it executes trades based on liquidity sweeps at price extrem
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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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Type
Trading robot 53Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 12Utility 2
Strategy
This MetaTrader 5 expert advisor suite contains two separate robots designed for scalping Gold and Bitcoin. The Gold Scalper functions during specific market sessions, while the Bitcoin Scalper trades continuously. Both tools utilize a moving average crossover system to place buy and sell stop orders at predefined dist
This MetaTrader 5 expert advisor is designed for aggressive trading on XAUUSD, focusing on the 5-minute and 15-minute timeframes. It utilizes Fibonacci retracements and swing high/low breakouts to identify entries across three selectable modes: scalp, swing, and trend following. The system manages up to three positions
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
Zyb EA Collection offers various MetaTrader 4 and 5 expert advisors that implement breakout, scalping, and grid-based trading. The primary strategy uses martingale lot scaling with a multiplier, allowing users to configure tiered step distances and position counts. It features price-level restrictions to prevent buying
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
A MetaTrader 5 expert advisor designed for range-based reversal trading, primarily optimized for XAUUSD on the M5 timeframe. It identifies sideways markets by monitoring price touches at support and resistance levels over a defined lookback period. The robot filters entries using RSI, ADX, and candle patterns such as e
This MetaTrader 5 expert advisor is a multi-layered trading system specifically designed for BTCUSD. It utilizes a hierarchical decision logic that analyzes macro bias on the H4 timeframe, maps support and resistance on the H1 timeframe, and confirms structure changes on M15 before executing trades on the M5 timeframe.
This MetaTrader 5 expert advisor is designed for gold scalping on the M1 timeframe. It identifies significant price movements by comparing candle size against an Average True Range multiplier. Upon detecting a large candle, the robot places both buy stop and sell stop orders at the candle's midpoint. When one order is
FX Volume80 Trend Highway Runner is a multi-strategy scalping robot for MetaTrader 5, optimized for the M1 timeframe. It employs a weighted scoring system that evaluates candlestick patterns, ADX momentum, and market structure to identify entries. The EA features specialized logic for trend continuation and mean-revers
This MetaTrader 5 expert advisor executes multiple trading strategies simultaneously, allowing users to allocate capital percentages between different modules like high-frequency trading, scalping, and custom XBTFX logic. It includes comprehensive risk management features such as a maximum daily loss percentage, per-tr
This MetaTrader 5 expert advisor acts as a bridge between the trading terminal and an external Python-based AI server. It extracts market data and technical indicators—including EMA, RSI, ATR, and ADX across multiple timeframes—to request trade signals via ZeroMQ, TCP, or file-based communication. The EA manages trade
This MetaTrader 5 expert advisor implements a specialized opening range breakout strategy for gold (XAUUSD) on the M1 timeframe. It specifically targets the Monday market opening by monitoring price action during the first few minutes of the session to establish a high-low range. The robot enters a buy or sell position
An event-driven expert advisor for MetaTrader 5 designed specifically for gold. It monitors rapid price movements or stretches to identify entry points, utilizing an exponential moving average for signal smoothing. The strategy focuses on momentum by entering trades after identifying specific price peaks and ignition m
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
Scalp Gold EA is a MetaTrader 5 robot primarily optimized for XAUUSD and major forex pairs. It employs a multi-tiered entry system that selects risk levels based on setup confluence and H4 trend alignment via moving averages. Entries are further filtered by ADX momentum and volatility checks. The EA manages risk with a
GoldPulse BurstTrend is an automated trading robot for MetaTrader 5 designed to capture momentum within established trends. It employs a multi-timeframe logic, analyzing the H1 and M5 periods for overall bias while using the M1 timeframe for trade execution. The system filters entries using EMA crossovers, ADX strength
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
This repository contains a collection of MetaTrader 5 expert advisors focusing on various automated strategies. Notable files include a liquidity sweep scalper, an opening range breakout tool, and an index arbitrage EA. The primary liquidity sweep EA uses price action filters like candle size and wick ratios alongside
UltraHFT Expert Advisor is a high-frequency scalping robot for MetaTrader 5 that combines five strategy layers including EMA crossovers, RSI mean reversion, and volatility breakouts. It evaluates market conditions on every tick, entering trades when multiple signals align. The system employs strict risk controls with h
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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