Falcon R is a rule-based expert advisor for MetaTrader 4 designed to identify and trade within ranging market conditions. It utilizes a combination of Keltner Channels and Moving Averages to determine entry points. The robot provides extensive trade management options, including fixed or volatility-based stop loss and
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
This MetaTrader 4 expert advisor implements a trend-following breakout strategy using Heiken Ashi candle sequences. The system defines local highs and lows based on consecutive candle color changes and enters trades when these price levels are breached. It operates on a reversal basis, closing active trades and initiat
Momgreg GP1 is an automated trading robot for MetaTrader 5 that executes trades based on signal logic and market depth monitoring. The expert advisor implements a fixed lot sizing strategy with integrated stop loss and take profit protections for each position. It features a risk management module that monitors account
MQL4 Order Module is a developer framework and library for MetaTrader 4 designed to simplify the selection and management of trading orders. It provides a structured interface for filtering open positions, pending orders, and historical trade data based on magic numbers or ticket IDs. The module includes functionality
This news filter module for MetaTrader 5 provides a framework for Expert Advisors to avoid trading during high-impact economic events. It features a dual-layer system: a decision layer that blocks new entries and an action layer that can flatten current positions or cancel pending orders. The tool supports live termina
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 utility serves as an automated trade manager focused on risk reduction. It monitors active positions and moves the Stop Loss to the entry price once a specific profit target, defined in pips, is reached. The tool allows for an optional offset to account for spreads or transaction costs. It does not in
Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba
This MetaTrader 5 robot employs a dual-strategy approach, switching between trend-following moving average crossovers and RSI-based mean-reversion depending on detected market regimes. It features an integrated walk-forward optimization system that loads optimized parameters from external files to adapt to changing vol
This MetaTrader 4 expert advisor is a basic automation script designed to reach a specific profit target. Upon initialization, the bot checks the current account profit against a hardcoded threshold. If the target is not met, it immediately executes a market buy order with a fixed lot size. It features an alert system
This trade management expert advisor for MetaTrader 4 and 5 automates stop-loss adjustments based on specific profit targets. Unlike standard trailing stops, this tool remains inactive until a position reaches a user-defined profit threshold in points. It offers flexible trade selection by filtering positions based on
This collection provides several MetaTrader 5 expert advisors and utility scripts developed for educational purposes. The primary advisor combines moving average crossovers with Relative Strength Index filters to identify entry points. It features standard risk management controls including fixed lot sizing, hard stop
This MetaTrader 4 repository contains a collection of expert advisors and utilities. The primary robot, Up and Down Trader, employs a Fisher-style transformation of price action to identify entry points across three different trading modes. It features a spread filter to avoid trading during illiquid conditions and all
Falcon B is an automated trading robot for MetaTrader 4 that utilizes moving average crossovers and Keltner Channels for market entries. It is specifically designed to function within a larger framework, integrating with R-based decision support software through CSV command files. The EA provides robust risk management
Horror EA, short for Horizontal Expert Advisor, is a manual trade management tool for MetaTrader 4. It enables traders to execute and manage positions through on-chart buttons and horizontal lines rather than standard order windows. The tool supports specific entry types based on candle highs, lows, or close prices and
This MetaTrader 5 expert advisor is an educational project implementing a martingale trading strategy. It uses Bollinger Bands to trigger entries and employs a grid-based approach to manage trades by layering additional positions at fixed intervals. The system features lot size multiplication after each layer to recove
MetaTrader Proxy Terminal is a structural framework for MetaTrader 4 designed to decouple trading logic from the client terminal. It provides a specialized architecture for data feeding and order management, allowing developers to protect intellectual property and distribute signals across multiple instances. The syste
This MetaTrader 4 utility exports historical price data into CSV format, specifically formatted for training deep learning models and neural networks. It calculates relative differences between consecutive Open, High, Low, and Close bars for each tick. The tool allows users to normalize data, include timestamps, and fi
This MetaTrader 4 expert advisor and modular framework provides advanced trade management and position scaling capabilities. It features a linear trailing stop that triggers at a predefined profit level and a pyramiding system to add positions to winning trades using a lot multiplier. The code is structured as a librar
This MetaTrader 5 framework implements the MQTT 5.0 protocol natively within MQL5 without external DLL dependencies. It serves as a bridge between the trading platform and MQTT brokers, allowing for remote monitoring and data integration. The provided Status Monitor Expert Advisor tracks account metrics such as balance
Trading AI System is a data collection utility for MetaTrader 5 designed to generate high-quality datasets for machine learning. Rather than executing its own trades, the expert advisor acts as a flight recorder, capturing raw market snapshots, bid/ask spreads, and detailed trade events. It automatically saves synchron
Zed MQL5 provides comprehensive MetaTrader 5 development tools for the Zed editor. It delivers advanced coding features including syntax highlighting for over 400 built-in functions, context-aware autocompletion, and a native language server. The repository includes a sample expert advisor that implements a classic dua
This MetaTrader 5 expert advisor serves as both a manual trading dashboard and an automated execution tool. Users can perform one-click operations, manage batch stop loss and take profit levels, and adjust orders visually via chart dragging. The automated component utilizes external arrow indicators, such as HalfTrend,
CBMQL is a development framework and build tool for MetaTrader 5 designed to modularize Expert Advisor code. Inspired by modern web development bundlers, it allows developers to break complex trading systems into reusable modules and bundle them into a single portable file. The system includes a Node.js-based environme
MQL Realtime Dashboard is a monitoring utility for MetaTrader 4 and 5 that exports account information to a web-based dashboard in real time. It collects account metrics including balance, leverage, equity, and historical trade data such as win rates and drawdown statistics. The expert advisor establishes a TCP connect
This collection of MetaTrader 5 expert advisors provides several technical strategies for automated trading. The primary implementation uses a triple exponential moving average crossover for signals, supported by an Average True Range volatility filter. Risk control is managed via equity percentage or fixed lot sizing,
This Expert Advisor for MetaTrader 5 is a conversion of the EMA Slope and EMA Cross strategy originally developed for TradingView. It employs three Exponential Moving Averages with default lengths of 2, 4, and 20 to generate signals based on trend slope and price crossovers. The system supports a reversal-based trading
This MetaTrader 5 expert advisor acts as a modular architectural blueprint for developing complex algorithmic trading systems. It demonstrates a structured framework for separating user interface components, input configurations, and core execution logic into maintainable layers. While the repository provides placehold
Oslib is an extensive repository of Expert Advisors and indicators for MetaTrader 5, encompassing various quantitative trading approaches. The collection includes statistical arbitrage robots that trade spreads between two correlated symbols, machine learning experts utilizing Support Vector Machines (SVM), and high-fr
Punlie Raging is a grid-based trading robot for MetaTrader 5 that executes orders at fixed point intervals. It includes a trend filter to limit trading to specific market directions, such as only trading in uptrends verified on daily timeframes. For trade management, the advisor features an adjustable trailing stop and
This utility for MetaTrader 5 exports historical and real-time price data from the active chart symbol to CSV files. It records open, high, low, close, and volume information, saving these files directly to the platform's local file directory. The tool allows users to select multiple timeframes for export simultaneousl
This MetaTrader 5 utility calculates lot sizes based on account balance, risk percentage, and stop-loss distance. It features a graphical interface with draggable lines for entry, stop-loss, and take-profit levels to assist with precise trade planning. The expert advisor includes a portfolio risk overview, commission a
LSF X Engine is a MetaTrader 5 expert advisor designed for momentum-based trading through mathematical price smoothing. It utilizes a Kalman filter to reduce market noise and calculates the Least Squares Fitting slope to identify the prevailing trend direction. The strategy triggers entries during high-velocity price b
Boleta MT5 is a manual trade execution tool for MetaTrader 5 that facilitates order routing via keyboard hotkeys. It allows users to open buy and sell market orders, cancel pending orders, and perform partial or full position closures using customizable shortcut keys. The utility includes basic risk management settings
This MetaTrader 5 expert advisor implements a trend-following strategy based on Bollinger Bands. It initiates long positions when price breaks above the upper band during periods of high volatility, attempting to ride extended uptrends. The strategy closes or reverses positions when price breaks below the lower band. A
The Position Sizer is a trade management tool for MetaTrader 4 and 5 that calculates the appropriate lot size based on account balance and risk tolerance. It allows traders to define risk as a percentage or fixed monetary amount, adjusting the position size dynamically as stop-loss and take-profit lines are moved on th
Framework4o is a modular system building framework and expert advisor for MetaTrader 4. It provides a structured environment for developing trading models with pre-defined modules for position and risk management. The core functionality handles entry and exit logic using indicators like DEMA, EMA, and RSI. It includes
Flood MA Lines ML for MetaTrader 5 generates and interprets complex Moving Average trend series to provide data for machine learning and deep learning applications. It uses a mass production algorithm to perform relational trend analysis, measuring trend robustness and identifying price range expectations. The software
This repository contains a collection of MetaTrader 5 expert advisor files designed for educational and tutorial purposes. It includes various scripts covering fundamental MQL5 programming concepts such as array manipulation, mathematical functions, and position management. Specific examples demonstrate basic entry log
This framework provides a prototype and tutorial for connecting MetaTrader 4 MQL code to modern .NET 6+ managed code using Dot Net Native Exports. It functions as a technical bridge rather than a trading robot, allowing developers to extend MetaTrader 4 capabilities with C# libraries. The included Expert Advisor serves
This MetaTrader 5 framework provides a modular library for technical analysis, including candle pattern detection, support and resistance levels, and Fibonacci calculations. The repository includes an expert advisor that implements ZigZag-based wave analysis to identify market structure and chart patterns. It features
Dv Tools is an open-source development framework and utility library for MetaTrader 4. It provides MQL4 programmers with modern C++ inspired data structures, including vectors and maps for handling both primitive types and objects. The library simplifies chart graphic management through a dedicated UI manager and offer
Treinamento Mql5 is an educational expert advisor designed for the MetaTrader 5 platform to demonstrate basic algorithmic trading concepts. It provides a framework for integrating technical indicators such as Moving Averages and the Relative Strength Index into a trading script. The EA includes input parameters to togg
This MetaTrader 4 expert advisor functions as a communication bridge between the trading platform and an external web-based backend server. It utilizes the WebRequest function to send real-time bid and ask prices, synchronize instrument details, and perform connectivity probes with a server. Designed as an educational
Falcon C is a MetaTrader 4 expert advisor that implements a rule-based strategy using moving average crossovers and Keltner Channels. It relies on an external deep learning framework built in R to categorize current market regimes, such as normal or volatile bull and bear phases. Based on these categories, the robot sw
This MetaTrader 4 expert advisor executes automated trades based on Moving Average crossover logic and the Chandelier Exit method. It utilizes multiple Moving Average periods and shifts alongside Average True Range and price extremes to identify market trends and potential exit points. Risk is managed through fixed lot
This expert advisor acts as a communication bridge between MetaTrader 5 and external software environments using the ZeroMQ messaging protocol. It implements a publisher-subscriber model to broadcast real-time symbol data, including bid and ask prices, as JSON strings over a network connection. The EA allows users to c
This utility for MetaTrader 5 automates the collection and extraction of historical price data into CSV format. It captures essential market information including date, open, high, low, and close prices. The tool allows users to specify a single symbol for export or process all available symbols in the terminal. It inc
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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