This MetaTrader 5 utility integrates Gexbot API data to visualize option-based market sentiment directly on the chart. It fetches and displays Gamma Exposure (GEX) profiles, including Open Interest, volume, and State data like Delta and Vanna across various days to expiration. The EA draws key levels such as Zero Gamma
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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.
Type
Strategy
Shakuni Trap is a MetaTrader 5 research laboratory focusing on systematic gold trading. The collection features multiple Expert Advisors, with the primary OneShot version utilizing M1 to M5 timeframes. This strategy executes trades based on EMA bounces or Donchian Channel breakouts, requiring alignment with higher time
Prem Gold Advisor is an automated MetaTrader 5 expert advisor specialized for XAUUSD (Gold) trading on the five-minute timeframe. It initiates trades using breakout levels placed at specific distances from the candle open. The strategy features a progressive scale-in mechanism, adding new orders as the price hits succe
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 position management expert advisor for MetaTrader 5 automates the trailing stop loss process for gold trades. It offers two distinct operational modes: a fixed pips distance and an adaptive mode based on the Average True Range indicator to adjust for volatility. The utility includes specific safeguards to block or
Aurum is an adaptive research expert advisor designed for trading Gold on MetaTrader 5 cent accounts. It employs a multi-timeframe logic that filters H1 trend direction, M15 market regimes, and M5 setups to trigger entries on M1 closed bars. Risk management is a central component, incorporating strict limits on daily a
This MetaTrader 5 utility serves as a data bridge to stream M1 candle data to the Easy Candle application. It connects via a local WebSocket to transmit Open, High, Low, Close (OHLC), and volume data in JSON format. The EA handles historical data synchronization by chunking up to 500,000 bars and maintains a live conne
Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a
Trend Matrix EA is a multi-model trend-following robot for MetaTrader 5, specifically optimized for Gold trading. It utilizes a scoring matrix based on several technical indicators including Moving Averages, MACD, ADX, and Bollinger Bands to determine entries. The system employs a conservative pyramiding approach, addi
Flip Trader is a perpetual stop-and-reverse expert advisor for MetaTrader 5 that remains in the market at all times. The strategy opens an initial position and applies a tight trailing stop-loss without a take profit target. When the market hits the stop-loss, the robot immediately closes the position and opens a new o
This MetaTrader 5 expert advisor serves as a risk management and execution framework rather than a standalone trading strategy. It monitors account equity in real-time to enforce daily drawdown limits. If a predefined monetary loss threshold is reached, the engine can trigger a kill switch to block further trading or f
This MetaTrader 5 expert advisor implements a dual-direction hedging grid strategy primarily designed for XAUUSD. It simultaneously maintains buy and sell baskets, opening new positions at fixed or ATR-calculated intervals when the market moves against existing trades. The EA employs a soft martingale lot multiplier to
Spike Can Can Drop is a MetaTrader 5 expert advisor designed to detect price action spike patterns, specifically the Can Can pattern. It uses an Average True Range multiplier to confirm volatility surges relative to a defined lookback period on higher timeframe structures. The utility features an on-screen dashboard mo
ITIP is an advanced multi-component expert advisor for MetaTrader 5 that connects the terminal to external AI and simulation modules. It utilizes a modular architecture to track smart money structure, including order blocks and fair value gaps, alongside RSI divergence signals across multiple timeframes. The platform h
SynerPro EA is a MetaTrader 5 robot designed for managing prop firm challenges. It implements the Synergy Strategy, utilizing Heikin Ashi market bias and session-based filters to execute trades. The system features a master-slave communication architecture via shared files for coordinating between instances. Risk manag
This expert advisor for MetaTrader 5 combines traditional quantitative strategies with machine learning via the ONNX runtime. It features multiple trading modes including Order Blocks, market structure analysis, and a hybrid AI strategy using neural network predictions trained in PyTorch. The system incorporates compre
This MetaTrader 5 expert advisor utilizes a Naive Bayes probabilistic model integrated with Smart Money Concepts and ICT principles to identify trading opportunities. It primarily targets gold bias and pullbacks but includes logic for universal symbol support. The system uses a machine learning engine that self-retrain
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 expert advisor for MetaTrader 5 implements a technical strategy combining MACD, Stochastic Oscillator, and Parabolic SAR indicators. Designed primarily for the five-minute timeframe, it enters trades based on momentum and trend alignment. The system features robust risk controls, including stop loss and take profi
This expert advisor implements an automated trend-following strategy for the US30 index on the MetaTrader 5 platform. It identifies entries using a combination of dual Exponential Moving Averages for trend direction, RSI for momentum filtering, and specific candle patterns. Risk is managed through a percentage-based lo
This Expert Advisor for MetaTrader 5 implements a trend-following strategy based on the crossover of 15-period and 60-period Exponential Moving Averages. It employs a continuous reversal logic to maintain market presence, switching between long and short positions as trends shift. Risk management includes ATR-based dyn
Smart Trader 7CAS is an automated trading robot for MetaTrader 5 designed specifically for commodities including Gold, Silver, and Oil. It implements seven distinct trading modules or scenarios covering trend following, scalping, range trading, breakouts, Smart Money Concepts, reversals, and Fibonacci levels. The syste
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
This MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator system integrated with a machine learning boosting model to execute trades. It analyzes technical factors including RSI, ATR, Z-scores, and price slopes to determine a success probability before opening positions. The robot features built-in ris
This trend-following expert advisor for MetaTrader 5 implements the SHAKE strategy to trade Bitcoin and Gold. It identifies entries by analyzing the alignment of three moving averages across three distinct timeframes, typically M1, M5, and M15. Positions are opened only when the fast, medium, and slow averages are sequ
This MetaTrader 5 expert advisor functions as a bridge between the trading platform and a Redis database using the hiredis library. It consists of two components: a data connector for streaming tick and candle information and an execution connector for handling trade events and account status. The system allows externa
This repository provides a collection of MetaTrader 5 expert advisors and technical utilities designed for market analysis and automated trading. It includes a 3D correlation matrix for visualizing price relationships across multiple currency pairs. The library also features several trading robots based on Japanese can
This automated trading system for MetaTrader 5 utilizes machine learning models via the ONNX runtime to forecast currency trends. It implements an ensemble approach, combining predictions from Logistic Regression, Support Vector Machines, Random Forest, and XGBoost. The system operates in two primary modes: technical i
JBM EMA Gold Scalper is an automated trading system for MetaTrader 5 designed specifically for gold on the one-minute timeframe. It utilizes an exponential moving average ribbon consisting of four periods to identify trend alignment and enters trades on price retracements. The expert advisor includes several filters, s
This MetaTrader 5 expert advisor is designed for scalping XAU/USD on the one-minute timeframe. It utilizes a multi-indicator approach combined with Smart Money Concepts, including order blocks, fair value gaps, and liquidity sweeps. The robot calculates a confidence score for entries using EMA trend analysis, RSI, and
This MetaTrader 5 expert advisor identifies daily support and resistance levels for gold based on price action at 08:00 SGT. It calculates entry points using specific candle patterns and includes ATR-based take-profit targets. The system manages risk through fixed lot sizes or equity percentage, utilizing stop losses a
Panda Engine EA is a multi-strategy robot for MetaTrader 5 that incorporates four distinct trading modules: BB, Intra, Pullback, and Intra Master. It executes trades based on technical structures, swing points, and a confluence scoring system. The expert advisor includes an exposure guard to manage risk by limiting tot
Break EA is a multi-symbol trend-following robot for MetaTrader 5. It identifies market entries using a combination of EMA 50, MACD crossovers, and RSI filters, while ADX monitors trend strength. The advisor includes advanced trade management features such as ATR-based stop loss and take profit, trailing stops, break-e
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
Straddle Grid is an automated trading robot for MetaTrader 5 that deploys bidirectional stop-order grids based on fixed price distances. The expert advisor utilizes a gates system to filter entries by ATR volatility, spread limits, and specific GMT trading sessions. It manages positions as a basket with currency-based
This automated expert advisor for MetaTrader 4 and 5 trades forex using a multi-timeframe technical strategy. It identifies H1 trends with moving averages and Ichimoku clouds while timing M5 entries via MACD and RSI convergence. The system incorporates robust risk controls including equity-based lot sizing, daily loss
Dino Open Engine is a data-driven algorithmic trading framework for MetaTrader 5 designed to decouple strategy logic from MQL5 code. Instead of recompiling binaries, users define strategies using a fluent C# API and store them in a shared SQLite database. A single compiled expert advisor executes these strategies based
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
This MetaTrader 5 expert advisor implements a multi-layer Long Short-Term Memory (LSTM) neural network for automated trading. It leverages a custom CUDA-accelerated DLL to handle intensive GPU computations, including asynchronous training and batch inference. The strategy processes data from three configurable timefram
This MetaTrader 5 expert advisor implements a single-layer neural network to generate market signals without requiring external machine learning libraries. It utilizes native MQL5 matrix and vector operations to train a model directly on historical data, using the Relative Strength Index and Bollinger Bands as primary
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 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 is a multi-timeframe scalping robot optimized for gold trading. It utilizes a higher-timeframe bias filter combined with lower-timeframe entry triggers based on a weighted scoring system. The strategy integrates Exponential Moving Averages, ADX for trend strength, Stochastic RSI, and VW
SNRZ Bot is an automated trading system for MetaTrader 5 that implements a support and resistance breakout strategy. It identifies significant price levels requiring at least two touches and enters trades when price breaks and subsequently pulls back to these zones. The expert advisor includes built-in risk management
This MetaTrader 5 expert advisor executes a long-only bullish continuation strategy. It identifies trade entries by combining specific candlestick patterns, such as bullish engulfing and harami, with trend-following filters. For a buy order to trigger, the price must close above both the 50 and 200 exponential moving a
This MetaTrader 5 expert advisor implements a grid-based trading strategy with an integrated recovery mechanism. It initiates a series of orders at fixed intervals and manages them as a collective basket. The system utilizes dollar-based targets for profit-taking and loss prevention, including a maximum total loss limi
Ultimate ICT Gold Scalper is a modular expert advisor framework for MetaTrader 5, primarily focused on gold trading using institutional concepts. It provides a robust risk management foundation, including daily, weekly, and monthly drawdown limits and maximum consecutive loss protections. The system handles position ma
Disook is a development framework and AI agent skill for MetaTrader 5 designed to assist in creating, debugging, and testing MQL5 expert advisors. It provides an interface for AI coding tools to manage complex logic including trend, grid, and martingale strategies. The repository contains a basic educational template t
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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