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
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
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
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
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
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 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
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
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 4 expert advisor implements a trend-following strategy based on volatility and momentum. It utilizes Average True Range calculations with configurable fast and slow multipliers to identify trade entries and manage exits. The robot handles risk through a percentage-based budget per trade, a fixed risk-re
This expert advisor for MetaTrader 4 and 5 implements a hedging recovery strategy to handle losing positions. When an initial trade moves against the user, the robot enters a recovery zone, placing counter-orders with scaled lot sizes to achieve a collective exit at a profit or break-even point. The EA includes risk co
This MetaTrader 4 framework provides a modular environment for developing and backtesting expert advisors based on the No Nonsense Forex methodology. It includes functional swing trading robots that utilize baseline indicators, multiple confirmation layers, and volatility filters to identify entries. The system feature
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
This MetaTrader 4 expert advisor functions as a technical scanner and trade automation tool. It iterates through multiple currency pairs to evaluate market conditions and sort them according to technical criteria. The system includes logic for automated order preparation, performing real-time risk assessments before ex
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
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
MQL4 Benchmark provides a specialized module for measuring the execution speed of code within MetaTrader 4. The tool allows developers to profile specific functions, loops, or logic segments by calculating the elapsed time and outputting the results to the terminal Experts tab. It supports manual start and end points f
This MetaTrader 4 module provides a simplified interface for file system operations within the MQL4 environment. It functions as a programming library to assist developers in managing files without complex low-level coding. The package includes methods to read and write text data, copy existing files, delete files, and
MQL4 Environment Configuration Tool is a utility for MetaTrader 4 that enables developers to manage account settings and environment variables using external files. It supports reading key-value pairs from plain text or ini files located in the terminal data folder. This approach allows for the externalization of sensi
This MetaTrader 4 framework provides a module for unit testing MQL4 code across multiple simulated account environments. It allows developers to verify function logic by comparing actual execution results against expected values. The tool can cycle through different broker settings using external configuration files to
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
This MetaTrader 4 expert advisor implements a trend-following strategy based on the Parabolic SAR indicator. It monitors indicator flips to identify potential entry points, opening buy positions when the SAR dots move below the price and sell positions when they move above. The robot manages trades using fixed stop los
This MetaTrader 4 expert advisor implements a mean-reversion strategy using Z-score analysis of VWAP log-returns. Instead of fixed parameters, the system dynamically calculates an optimal lookback window by comparing observed price volatility against theoretical random walk models. The EA enters trades when price retur
This MetaTrader 4 expert advisor implements a foundational trend-following strategy based on a 20-period Exponential Moving Average. It enters long positions when the market price trades above the average and short positions when it trades below. The code is designed as a template for users of the book Options Trading
High Performance Forex (hpFX) is an indicator-agnostic framework for MetaTrader 4 designed for large-scale backtesting and strategy automation. It allows traders to define complex rules by combining up to ten custom indicators as entry signals, confirmation filters, or exit triggers using a flexible string-based encodi
This utility for MetaTrader 4 provides an interactive on-chart graphical interface for manual order execution and advanced position management. Users can execute buy and sell orders with customizable lot sizes and manage open trades through various closing utilities, including close-all, close-by-type, and partial clos
FFC Data Feeder is a utility expert advisor for MetaTrader 4 designed to fetch and manage economic calendar information. It acts as a backend data provider for the FFC Canvas Economic Calendar indicator by downloading JSON data directly from servers using the native WebRequest function. The tool operates without extern
ÆEA is an automated trading robot for MetaTrader 4 that employs an ensemble of technical indicators to identify market imbalances. The strategy, described by the author as the Proportionality Principle, triggers trades when a specific ratio of bullish to bearish indicator signals is met. It calculates inputs from a wid
Set Fixed SL and TP EA is a management tool for MetaTrader 4 and 5 that automatically monitors open positions and pending orders to apply protective exit levels. The utility assigns stop-loss and take-profit values based on user-defined points, specific price levels, or a percentage of the stop-loss. It features granul
This collection for MetaTrader 4 provides a variety of expert advisor templates and functional trading robots. The core strategy logic often utilizes price action relative to moving averages to identify trends. Key features include a randomized entry timer designed to avoid high-volatility bar starts, integrated stop l
This MetaTrader 4 expert advisor combines the Relative Strength Index, Moving Average, and Average Directional Index to identify trend-following entries. The strategy executes trades when price positioning relative to the moving average aligns with RSI exhaustion levels and ADX trend strength. It includes built-in risk
This MetaTrader 4 expert advisor system facilitates local trade copying between different terminals using shared CSV files. It consists of a master EA to broadcast trades and a follower EA to execute them. The follower includes flexible risk management such as percentage-based lot sizing, daily loss limits, and a lot m
This repository provides a diverse collection of expert advisors for the MetaTrader 4 platform. The primary RubberBands EA utilizes Bollinger Bands for mean-reversion, entering when price exceeds the bands and exiting at the center line. It features advanced lot management, including linear and dynamic lot scaling that
Ghost SL TP is a trade management tool for MetaTrader 4 and 5 designed to hide exit levels from brokers. The expert advisor monitors active positions and executes market orders to close trades when a user-defined virtual stop loss or take profit distance is reached. It features flexible filtering options, allowing user
Easy Backtest Pro is a manual trading simulator designed for the MetaTrader 4 Strategy Tester. It provides a graphical user interface that allows traders to practice execution and strategy refinement during visual mode simulation. The tool includes buttons for market and pending orders, comprehensive order management f
This MetaTrader 4 expert advisor executes and manages trades using a specialized hedging strategy. It monitors account equity and floating losses, automatically opening hedge positions when a user-defined loss percentage is reached. The system includes robust risk management features such as daily and weekly loss limit
This repository provides a comprehensive collection of over 150 Expert Advisors and automated tools for the MetaTrader 4 platform. The included software covers a broad spectrum of trading methodologies, ranging from trend-based systems utilizing the ZigZag indicator to aggressive martingale and piramidation strategies.
JT Prop Firm Trade Manager is a risk management utility for MetaTrader 4 designed to help traders adhere to strict account drawdown and timing rules. It monitors account equity to enforce maximum daily drawdown limits and per-trade loss caps in either currency or percentage terms. The tool includes features to restrict
This MetaTrader 4 expert advisor executes trades based on candle momentum and specific trigger factors. It manages positions using virtual trailing stop-loss and take-profit levels, alongside a global profit target that halts trading once a predefined financial goal is met. The system includes logic for multi-symbol tr
This MetaTrader 4 expert advisor implements a price action strategy focused on identifying pin bar formations. It screens for candles where the tail is at least three times the length of the body and touches an 8-period simple moving average. The EA utilizes a trend filter by calculating the slope of the moving average
ATR Breakeven Engulfing EA is a MetaTrader 4 trading robot that combines engulfing price action patterns with the Relative Strength Index for market entries. It is designed to operate on low timeframes, such as M5, focusing on ranging currency pairs. The EA manages risk through fixed stop loss and take profit levels, w
BBMA Profit Seeker is a MetaTrader 4 expert advisor implementing a Bollinger Bands and Moving Average crossover strategy. It enters long positions when price rebounds from the lower band and closes above the moving average, while short entries occur after a rejection from the upper band. The robot manages exits dynamic
This MetaTrader 4 expert advisor executes trades based on a moving average crossover strategy. It specifically monitors the relationship between price action and a configurable moving average period, traditionally set to 50. The robot enters buy positions when the price closes above the moving average and sell position
The BU ATR Breakeven Engulfing is a MetaTrader 4 robot that executes trades based on candlestick price action and volatility indicators. It identifies entry points using bullish and bearish engulfing patterns, which are then filtered through the Relative Strength Index to confirm momentum. The system incorporates dynam
This MetaTrader 4 expert advisor implements a moving average crossover strategy for automated trading. It identifies entry points when price or technical indicators intersect and can exit positions when an opposite signal occurs. The EA provides trade management features, including traditional and virtual stop loss and
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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