This collection of MetaTrader 5 expert advisors focuses on mean-reversion and breakout strategies for gold (XAUUSD) on the M1 timeframe. The primary logic identifies statistical extremes using Z-Score calculations to trade price snap-backs. It includes a TickRobust variant designed to filter execution noise and a dual-
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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
Type
Trading robot 15Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 11Utility
Strategy
This collection of Expert Advisors for MetaTrader 5 provides specific automated strategies for Gold, Bitcoin, EURUSD, and Nasdaq. The repository includes modules for ATR breakouts, Bollinger Band mean reversion, and opening range breakouts. Risk management is handled through a three-stage take profit system, automated
This MetaTrader 5 expert advisor is designed for scalping gold on the M1 timeframe. It features a versatile strategy engine capable of toggling between breakout and mean-reversion modes based on market conditions. The system manages trades using ATR-based trailing stops, break-even adjustments, and time-based exits. Ri
Gold SnR Momentum Scalper Pro is an automated scalping robot for MetaTrader 5, specifically optimized for XAUUSD on the M1 timeframe. It identifies entry points by combining support and resistance zones with RSI and moving average momentum. The system incorporates tick-level analysis to measure buying and selling press
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
This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc
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 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
Xau Cloud AI Sniper is an automated trading robot for MetaTrader 5 designed for gold trading. It utilizes a multi-layered entry pipeline involving a pattern engine, breakout detection, and trend alignment, often synchronized with external cloud-based market outlooks. The system features an AI-filter mode to validate tr
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
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
This MetaTrader 5 expert advisor combines breakout and mean-reversion strategies within a framework optimized for proprietary trading firm requirements. It features adaptive logic that transitions between modes based on market drift detection. Users can configure breakout entries using Donchian channels or fixed time r
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
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
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
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
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance. It monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit
Smart SL is a MetaTrader 5 risk management tool that calculates optimal exit levels using a multi-factor scoring system. It evaluates market structure via swing detection, ATR-based volatility, and multi-timeframe confluence. The tool offers three modes: real, virtual, and a hybrid setup with safety offsets. It include
TitanAI 4H Range Scalper is a MetaTrader 5 expert advisor that executes a range rejection strategy based on the 00:00 New York H4 candle. The EA identifies a fixed daily range and monitors for false breakouts or liquidity sweeps, entering a trade when price closes back within the range boundaries. It features robust ri
This MetaTrader 5 collection features automated strategies including breakout, mean reversion, and gap-based systems. The primary breakout advisor utilizes a multi-factor weighting system to score potential trades based on ADX strength, ATR expansion, impulse candle size, and higher timeframe EMA alignment. Risk contro
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
WannaBeQuant Strategy Selection is a multi-strategy expert advisor for MetaTrader 5 designed to trade cryptocurrency and equity markets. It combines six distinct trading logic modules, including Ichimoku trend following, mean reversion, and breakout strategies. The EA executes on a timer-based loop rather than every ti
This MetaTrader 5 expert advisor is designed for gold trading using an adaptive, modular architecture. It features a regime detector that switches between trend-following, mean reversion, and breakout strategies based on market conditions. The system utilizes exponential moving averages, ADX for trend strength, and RSI
This collection for MetaTrader 5 provides multiple trading strategies, including an Asian session breakout system, a trend-aligned mean reversion strategy, and a moving average crossover expert. The breakout logic identifies price ranges during the Asian session and initiates trades during London or New York hours if c
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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