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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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56 EAs match Clear filters
645 stars

This collection of MetaTrader 5 expert advisors implements various technical strategies using indicators such as Moving Averages, MACD, and the Andean Oscillator. It includes a specific tool for trading based on Commitment of Traders data combined with SuperTrend signals. Most robots in the repository incorporate a gri

MT5 Collection Indicator crossoverScalpingGrid High risk

Nyao Scalper

by elrizwiraswara
173 stars

Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT

MT5 Trading robot ScalpingTrend followingMartingale High risk
Updated 3 months ago BSD-3-Clause GitHub repository of Nyao Scalper

NetAlgo EA Collection

by santiago-cruzlopez
56 stars

This repository contains a diverse collection of automated trading robots for the MetaTrader 5 platform. The strategies range from trend-following systems using True Strength Index (TSI) and Moving Average crossovers to mean-reversion tools utilizing Relative Strength Index (RSI) and Bollinger Bands. Most experts inclu

MT5 Collection Trend followingScalpingMartingale High risk

Free Expert Advisor

by ersingencturk
35 stars

This MetaTrader 4 expert advisor is a scalper designed for the five-minute timeframe across several Forex pairs. It utilizes three strategies based on overbought and oversold market conditions to execute trades. Risk management features include a fixed hard stop loss, a virtual take profit and stop loss derived from an

MT4 Trading robot ScalpingMean reversion
Updated 9 years ago BSD-3-Clause GitHub repository of Free Expert Advisor

JB News Bot

by jblanked
31 stars

JB News Bot is an automated trading expert advisor for MetaTrader 4 and MetaTrader 5 that executes positions based on scheduled economic data releases. It interfaces with the JBlanked News API to fetch calendar events from sources including MQL5, Forex Factory, and FXStreet. The EA allows users to configure specific en

MT4MT5 News trading News
Updated 3 months ago MIT GitHub repository of JB News Bot

Super Trading Collection

by RoyluxuryTrading
24 stars

This repository provides a collection of MetaTrader 4 and 5 expert advisors, including the modular Super Trading Bot series and an AI-driven trading template. The EAs utilize various technical indicators like Bollinger Bands, Parabolic SAR, and moving averages for trend-following and scalping. Built-in risk management

MT4MT5 Collection Trend followingScalpingAI / machine learning High risk

Max Profit

by poluxbrayz
16 stars

Max Profit is a trend-following expert advisor for MetaTrader 4, specifically optimized for the M1 timeframe. It utilizes a combination of technical indicators, including Parabolic SAR and MACD, to identify market trends and execute trades. The software includes dedicated modules for lot management, symbol analysis, an

MT4 Trading robot Trend followingIndicator crossover
Updated 2 years ago AGPL-3.0 GitHub repository of Max Profit

Phase 404 EA

by Musyimi97
14 stars

Phase 404 EA is a MetaTrader 5 robot that automates a mechanical Smart Money Concepts strategy including Wyckoff logic and liquidity sweeps. It identifies market structure shifts and enters trades during London or New York kill zones using Fibonacci Optimal Trade Entry levels. The expert advisor manages risk through pe

MT5 Trading robot SMC / ICT / price action
Updated 5 months ago MIT GitHub repository of Phase 404 EA

Project Eingana

by ThePathsOfSaga
13 stars

This MetaTrader 4 repository contains a collection of expert advisors developed for the Eingana social trading project. It features multiple strategies, including a Keltner Channel-based mean-reversion system for pairs like EURNZD and EURAUD, alongside a EURUSD scalper. The robots typically enter trades when price acti

MT4 Collection Mean reversionScalping
Updated 6 years ago GPL-3.0 GitHub repository of Project Eingana

MonsterFX Reliable Trader

by NadirAliOfficial
12 stars

This MetaTrader 5 expert advisor combines automated Forex trading with a Discord notification system via a Python Flask webhook. It executes a dual-timeframe strategy using EMA crossovers, a 200-period trend filter, RSI, and VWAP on the M5 and M15 charts. The EA manages trades with ATR-based stop loss and take profit l

MT5 Trading robot Indicator crossoverTrend followingMean reversion
11 stars

This MetaTrader 5 expert advisor utilizes deep learning models, specifically Long Short-Term Memory or Transformer architectures, to predict price movements several bars ahead. It operates by communicating via HTTP with a local Python daemon that processes machine learning inference. The system includes an advanced Kel

MT5 Trading robot AI / machine learningScalping
Updated 1 year ago GPL-3.0 GitHub repository of ALFA Transformer AI

Conservative Scalper EA

by NadirAliOfficial
10 stars

Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti

MT4 Trading robot ScalpingTrend followingBreakout

DaxAlgo Trading Strategies

by dhruuvsharma
9 stars

This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l

MT5 Collection ScalpingMean reversionTrend following

SmartMoney MTF EA

by SiyabongaDlamini
9 stars

This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach. It synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fib

MT5 Trading robot SMC / ICT / price actionTrend following
Updated 4 months ago Apache-2.0 GitHub repository of SmartMoney MTF EA
8 stars

High Frequency Grid EA is an automated trading robot for MetaTrader 5 that implements a mean-reversion strategy through a grid of pending orders. It places buy and sell stop orders at calculated distances, using dynamic spread monitoring to ensure execution only during favorable conditions. The EA includes a trailing s

MT5 Trading robot GridMean reversionScalping High risk

Enamel

by DocProvolone
6 stars

Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs. The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe t

MT5 Trading robot Trend followingMean reversionIndicator crossover
Updated 12 months ago Apache-2.0 GitHub repository of Enamel
6 stars

This repository provides a collection of MetaTrader 5 expert advisors based on Smart Money Concepts and ICT methodologies. The tools implement price action strategies including Fair Value Gaps, Market Structure Shifts, and the Next Day Model. Each EA handles trade execution with automated risk-based lot sizing and conf

MT5 Collection SMC / ICT / price actionScalpingTrend following
5 stars

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

MT5 Collection BreakoutMean reversionScalping
5 stars

Universal Market Hunter is an automated trading robot for MetaTrader 5 that targets Forex, gold, and cryptocurrency markets. It allows users to switch between two main strategies: a Bollinger Band volatility breakout and an engulfing price action pattern using volume confirmation. The system manages risk through ATR-ca

MT5 Trading robot BreakoutScalpingTrend following
Updated 1 year ago Apache-2.0 GitHub repository of Universal Market Hunter

Narymunt MQL5 Scripts

by Narymunt
4 stars

This repository features a collection of expert advisors for MetaTrader 5, primarily focused on technical indicator logic and educational implementation. The main script, AO-bot, utilizes the Awesome Oscillator to identify swings and switch trade directions, while other tools incorporate Parabolic SAR for trend filteri

MT5 Collection Trend followingGridIndicator crossover High risk
Updated 3 months ago BSD-3-Clause GitHub repository of Narymunt MQL5 Scripts

MT5 Auto Backtest Pipeline

by 26730023-PhamPhuNguyenHung
4 stars

This repository features a headless CLI automation pipeline for MetaTrader 5, enabling users to compile, backtest, and rank MQL5 Expert Advisors through PowerShell. It contains a large collection of robots focused on candlestick patterns, such as Morning and Evening Star signals, combined with Stochastic or CCI filters

MT5 Collection SMC / ICT / price actionIndicator crossoverMean reversion

Nolo Trading Bot

by festomanolo
4 stars

This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v

MT5 Trading robot Trend followingMean reversionBreakout High risk
Updated 6 months ago MIT GitHub repository of Nolo Trading Bot

SMC Master Pro

by Kanishkar01
4 stars

This MetaTrader 5 expert advisor implements an automated strategy based on Smart Money Concepts and the Trading Hub Juka Method. It analyzes market structure, institutional order blocks, and fair value gaps to identify high-probability entry points. The robot features multi-timeframe analysis, evaluating alignment betw

MT5 Trading robot SMC / ICT / price actionTrend followingMulti-strategy
Updated 7 months ago Unlicense GitHub repository of SMC Master Pro

Simple Bot

by rockmeowstar
4 stars

Simple Bot is an automated trading robot for MetaTrader 4 that utilizes Bill Williams Fractals and the Relative Strength Index to execute trades. The system monitors the one-minute timeframe for fractal formation while using daily RSI values as a filter for entry. It includes built-in risk management features such as f

MT4 Trading robot Mean reversion
Updated 4 years ago GPL-3.0 GitHub repository of Simple Bot

Zerith EA Collection

by BlamzKunG
3 stars

This MetaTrader 5 repository provides a suite of algorithmic trading tools known as the Zerith series. The featured SwingGrid EA utilizes ADX trend filters and ATR-based volatility thresholds to execute trades, employing a recovery grid system with dynamic lot multipliers. Other tools in the set cover news straddle bre

MT5 Collection GridMartingaleSMC / ICT / price action High risk
3 stars

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

MT5 Collection Mean reversionBreakoutTrend following

IJESHA Algo EA

by Shifrozy
3 stars

This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage

MT5 Trading robot Mean reversionTrend followingIndicator crossover
Updated 2 weeks ago MIT GitHub repository of IJESHA Algo EA

KolaTradebot SMC

by Sidoine1991
3 stars

KolaTradebot is a MetaTrader 5 expert advisor that executes a multi-asset strategy using Smart Money Concepts and a Global Order Model. It bridges the platform with a Python-based server to analyze market structures like order blocks, fair value gaps, and liquidity sweeps across multiple timeframes. The system includes

MT5 Collection SMC / ICT / price actionAI / machine learningBreakout High risk

IchiDCA CCBSN PropFirm EA

by magicniuniu
3 stars

IchiDCA CCBSN PropFirm EA is an automated trend-following robot for MetaTrader 5, optimized for gold and forex markets. It triggers trades based on Ichimoku Cloud breaks, filtered by dual Exponential Moving Averages and MACD indicators. The strategy manages positions through a Dollar Cost Averaging system that layers u

MT5 Trading robot Trend followingGridMean reversion High risk

Smart Scalp PA

by logiccrafterdz
3 stars

Smart Scalp PA is a price action expert advisor for MetaTrader 5 designed for intraday trading and scalping. It identifies market entries using Engulfing and Pin Bar candle patterns confirmed by a higher timeframe EMA 50 trend filter. The system incorporates support and resistance clustering based on pivot highs and lo

MT5 Trading robot Trend followingScalping
Updated 11 months ago MIT GitHub repository of Smart Scalp PA
3 stars

Adaptive AI Scalper is a modular MetaTrader 5 robot designed for high-frequency scalping. It identifies trade entries using a weighted scoring system that evaluates signals from RSI, Moving Averages, and Bollinger Bands. The EA manages risk through automated lot sizing, ATR-based stop loss and take profit levels, trail

MT5 Trading robot ScalpingIndicator crossover

Forex Pro EA

by hqs-triet
3 stars

This MetaTrader 5 expert advisor serves as an educational repository for various automated trading strategies and capital management techniques. It features a modular architecture allowing users to toggle between multiple entry algorithms, including EMA crossovers, MACD zero-crossings, and a combination of ADX and Boll

MT5 Trading robot Indicator crossoverHedgingTrend following
Updated 2 years ago MIT GitHub repository of Forex Pro EA

HolyLamp

by dollarkillerx
3 stars

HolyLamp is a MetaTrader 4 automated trading system that utilizes mean-reversion signals across several technical indicators, including Bollinger Bands, RSI, Stochastics, and the Commodity Channel Index. It is primarily configured for EURUSD on the five-minute timeframe. The robot enters trades at indicator extremes an

MT4 Trading robot Mean reversionMartingaleGrid High risk
Updated 4 years ago MIT GitHub repository of HolyLamp

XLiquidex

by m-root
3 stars

XLiquidex is an impulsive volatility breakout robot for MetaTrader 4. It identifies entry signals using Keltner Channel breakouts, Moving Average filters, and a candle body range requirement to verify momentum. The expert advisor includes trade management features such as take profit, stop loss, break-even offsets, and

MT4 Trading robot BreakoutTrend following
Updated 10 years ago Apache-2.0 GitHub repository of XLiquidex

EURUSD Surge EA

by Masa1984a
2 stars

This MetaTrader 4 expert advisor is designed specifically for the EURUSD pair, focusing on price surge detection and subsequent pullback entries. It identifies significant volatility using ATR and candlestick body ratios, entering trades during correction phases. The robot incorporates multi-timeframe analysis across M

MT4 Trading robot Trend followingBreakoutMean reversion
2 stars

This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicators and Smart Money Concepts. The primary expert advisor, Behemoth Max, utilizes a combination of MACD, weighted moving averages, and exponential moving averages across multiple timeframes to identify entries. Ris

MT5 Collection SMC / ICT / price actionIndicator crossoverTrend following High risk

Mt4 Develop Collection

by xianGuiye
2 stars

This repository features a collection of MetaTrader 4 expert advisors designed for various trading approaches. The included M5_M30integral EA utilizes moving average crossovers across multiple timeframes for trend detection. Other scripts employ envelope scalping at specific standard deviations and Bollinger Band strat

MT4 Collection Indicator crossoverMean reversionScalping High risk
2 stars

This repository contains five MetaTrader 4 Expert Advisors focused on technical indicator strategies. The robots implement multi-timeframe stochastic logic, single exponential moving average crosses for mean reversion or trend following, and classic dual moving average crossovers. Each system manages its own exits thro

MT4 Collection Indicator crossoverMulti-strategy
1 stars

This repository contains a collection of MetaTrader 5 expert advisors designed for a quantitative trading seminar by QRT Solutions. It includes multiple models such as US opening gap momentum, opening range breakouts, and SMA-based gold strategies. Each robot features professional risk management components including t

MT5 Collection Trend followingBreakoutIndicator crossover

Arko Risk

by roseshayan
1 stars

Arko Risk is an open-source position and risk management utility designed for MetaTrader 5, particularly suited for scalpers and prop firm traders. It does not generate trade signals but provides a graphical interface for designing limit orders with visual entry, stop loss, and take profit lines. The expert manages act

MT5 Trade manager News
Updated 2 weeks ago MIT GitHub repository of Arko Risk

Conquest EA

by MunchonGithub
1 stars

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

MT5 Trading robot SMC / ICT / price actionAI / machine learningTrend following
Updated 4 weeks ago Apache-2.0 GitHub repository of Conquest EA
1 stars

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

MT5 Collection Indicator crossoverTrend following

Smart Trader Forex

by joseph8848
1 stars

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

MT5 Trading robot Trend followingScalpingMean reversion

Bakome Trinity EA

by BAKOME-Hub
1 stars

This multi-asset MetaTrader 5 expert advisor is designed for gold, forex, and cryptocurrency markets, specifically XAUUSD, GBPUSD, and BTCUSD. It focuses on a single-position approach, explicitly avoiding grid or martingale techniques. Trade entries are managed through session filters for London and New York and are pr

MT5 Trading robot Trend followingMean reversionMartingale High risk
Updated 4 months ago MIT GitHub repository of Bakome Trinity EA

UltraHFT Expert Advisor

by NipunDilshanSenevirathne
1 stars

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

MT5 Trading robot ScalpingMean reversionTrend following High risk

This repository provides a collection of MetaTrader 5 Expert Advisors, featuring the Milyoner AI Project and Titanium Omega series. The primary EA uses an AI-weighted scoring engine to combine technical indicators like adaptive moving averages with price action analysis, including candle patterns and Smart Money Concep

MT5 Collection ScalpingSMC / ICT / price actionGrid High risk
1 stars

This machine learning expert advisor for MetaTrader 5 utilizes ensemble and deep learning models to analyze market patterns. It offers a versatile multi-strategy approach, allowing users to toggle between trend-following, scalping, and grid-hedging behaviors. Risk controls are comprehensive, featuring fixed percentage

MT5 Trading robot AI / machine learningMulti-strategyScalping High risk

Multi ATR Scalping Expert

by StateSpeed-Solutions
1 stars

This MetaTrader 5 expert advisor is a buy-only scalping system that utilizes three parallel trading engines based on Average True Range volatility filters. It enters trades when volatility falls within specific thresholds and the current price is within a defined range below weekly resistance levels. The system feature

MT5 Trading robot ScalpingMean reversion

Learn how to use expert advisors

Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.

  1. 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
  2. 2Using this librarySearch, filters, badges and what our checks do and do not mean.
  3. 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
  4. 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
  5. 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
  6. 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
  7. 7Run an EA 24/7VPS, forward testing on demo and going live small.
  8. 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
  9. 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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