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
Synced with GitHub · updated hourly
Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 107Trade manager 1Risk & protectionNews tradingCopier & bridge 1Framework & template 11Collection 40Utility 3
Strategy
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
This MetaTrader 5 repository provides a collection of seventeen quantitative trading strategies designed for educational and research purposes. The primary expert advisor implements a US opening gap momentum strategy, utilizing ATR-based gap thresholds and Z-Score volatility regime detection to identify entry points. R
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
This Expert Advisor for MetaTrader 5 focuses on gold trading through a combination of mean-reversion signals and a grid management system. It uses multi-timeframe filters, including exponential moving averages and ADX on the H1 timeframe, to identify trend direction while executing entries on M15 based on RSI and Bolli
An automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a combination of RSI for overbought and oversold levels, MACD for momentum, and Simple Moving Average crossovers for trend confirmation. The EA enters trades when multiple indicators align and manages them using fixed o
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
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
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
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
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
The Phoelix Receiver EA is an automated execution bridge for MetaTrader 5 that translates signals from TradingView into live market positions via a Telegram API pipeline. It functions as a low-latency connector, polling a specific Telegram channel for trade instructions including entry, exit, and lot sizing. The adviso
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
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
This MetaTrader 5 collection features the Prime Quantum AI expert advisor alongside a Python-based FastAPI dashboard for strategy management. The primary robot utilizes a hybrid logic, combining traditional indicators like ADX and the Bill Williams Alligator with external artificial intelligence models for market analy
This MetaTrader 5 expert advisor implements a comprehensive Smart Money Concepts strategy, detecting market structure shifts through Break of Structure and Change of Character events. It monitors Fair Value Gaps and liquidity sweeps to identify entry points across multiple timeframes. The system offers several executio
RB Xauusd Mt5 is a research-grade expert advisor for MetaTrader 5 focused on gold trading. It uses a systematic approach incorporating a 50/200 EMA bias on the H1 timeframe, structural analysis on M15, and volatility filtering via ATR and ADX on the M1 timeframe. The strategy incorporates complex risk management tools,
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
MADR Brothers is a MetaTrader 5 expert advisor that utilizes multi-timeframe Moving Average Deviation Rates to identify trading opportunities. It filters market trends using a long-period MADR on higher timeframes while entering trades based on overbought or oversold levels of a shorter-period MADR. The system includes
Bakome Hash EA is a trend-following expert advisor for MetaTrader 5 that combines Exponential Moving Average crossovers with RSI momentum filtering. It initiates trades based on the interaction between fast and slow EMAs while confirming momentum through RSI levels. The robot utilizes Average True Range for calculated
Bakome Bitcoin EA is a trend-following robot optimized for trading BTCUSD on the MetaTrader 5 platform. It generates trade signals using an exponential moving average crossover combined with price breakouts on the H1 timeframe. The system features a grid recovery module that adds positions with a lot multiplier when tr
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
This MetaTrader 5 expert advisor utilizes an XGBoost machine learning model exported via the ONNX format to identify trading opportunities. It enters trades based on classification probabilities and a minimum gap between prediction classes. The system features extensive risk controls, including stop loss and take profi
Adaptive Quant Grid is an automated trading system for MetaTrader 5 that utilizes a dynamic grid strategy. It adjusts grid spacing based on market volatility using the Average True Range indicator and includes a regime filter powered by ADX and EMA to distinguish between trending and ranging markets. The EA supports sy
This MetaTrader 5 framework provides a suite of expert advisors optimized for Gold trading using advanced signal processing. It employs a Hidden Markov Model to classify the market into five regimes, filtering entries based on current volatility and trend strength. The logic utilizes Gaussian IIR filters for lag-reduce
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
This collection of MetaTrader 5 expert advisors focuses on automated trendline breakout strategies integrated with Elliott Wave theory and Fibonacci levels. The system identifies trendline breaks on the H4 timeframe and uses H1 and M15 intervals for entry confirmation. It employs RSI filters for divergence detection an
Golden Structure is a trend-following expert advisor for MetaTrader 5, specifically optimized for Gold (XAUUSD). It uses an exponential moving average to determine the primary market bias and enters trades based on price action rejection wicks following a pullback. The EA prioritizes risk control with automated lot siz
This MetaTrader 5 expert advisor utilizes statistical normalization and trend filters to execute trades within a grid recovery framework. It identifies entry points using the Fisher Transform for overbought or oversold conditions, filtered by QQE trend alignment and ADX volatility thresholds. When a position moves agai
This MetaTrader 5 expert advisor serves as a modular framework and starter template for developing trend-following trading systems. It utilizes a clean architecture to separate signal logic, risk management, and order execution. The included demo logic implements a standard moving average crossover strategy to enter tr
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
Price Action Bot is a technical Expert Advisor for MetaTrader 5 that executes trades based on market structure shifts, specifically Break of Structure (BOS) and Change of Character (CHoCH) signals. It supports two entry modes: waiting for a price retest of broken levels or entering immediately on a breakout candle clos
This MetaTrader 5 expert advisor is designed for aggressive trading on small accounts, specifically targeting EURUSD and XAUUSD. It utilizes a multi-timeframe approach, filtering trends with Exponential Moving Averages across H1, M15, and M5 charts. The robot enters trades based on pullback and price compression patter
Memento is an automated trading system for MetaTrader 5 based on the Ichimoku Kinko Hyo indicator. It utilizes a triple-cross strategy that monitors the Tenkan-sen, Kijun-sen, and Chikou Span for specific alignments. The robot implements a multi-stage confirmation process, assessing momentum and candle strength before
This MetaTrader 5 expert advisor executes trades on USD major pairs using a combination of trend and momentum indicators. It utilizes Exponential Moving Averages for trend identification, alongside Relative Strength Index and Moving Average Convergence Divergence for entry timing. Risk management is handled through fix
Punlie Bull Run is a trend-following expert advisor for MetaTrader 5 that focuses on bullish market phases. It employs a grid strategy, opening buy positions at fixed point intervals once specific conditions are met. The robot includes a trend filter based on the daily timeframe and a resistance price barrier to delay
Rhythm Ultra is an automated price action strategy constructor for MetaTrader 5. It enables traders to automate entries based on Smart Money Concepts and ICT principles, including Order Blocks, Fair Value Gaps, breakers, and liquidity sweeps. The EA manages risk through multi-timeframe trend synchronization, partial ta
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
This MetaTrader 5 expert advisor implements a strategy based on the 80% Value Area rule, a concept derived from volume profile analysis. It calculates the Value Area High, Value Area Low, and Point of Control to identify high-volume price zones from previous sessions. The robot seeks entries when price re-enters the Va
This collection of MetaTrader 5 expert advisors features a flagship tool that applies genetic algorithms to optimize moving average crossover strategies. The system dynamically adjusts short and long period parameters, stop loss, and take profit values based on simulated fitness and real trade performance. Risk managem
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.
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
Krsna Daily EA for MetaTrader 5 is an automated trading robot that executes trades based on price action patterns of custom-defined daily candles. Users can set a specific starting hour for the trading day, and the EA plots visual candle overlays on the chart. It places buy or sell limit orders at specific retracement
This MetaTrader 5 expert advisor identifies market entries using a moving average signal within the standard MQL5 framework. The robot evaluates price relative to a simple moving average, triggering trades when a specific threshold is met. Users can configure lot sizing as a fixed volume or a percentage of the account
The Nova Ultimate Trade Panel is a comprehensive manual trading and management utility for MetaTrader 5. It provides a movable, dynamic interface for executing market and pending orders with precise control over lot sizing and risk levels. Users can adjust stop loss and take profit targets directly on the chart using d
This collection for MetaTrader 5 provides several automated trading robots, primarily focusing on the Trailing Break Even Parcial expert advisor. This specific strategy utilizes a combination of three Moving Averages and Ichimoku Kinko Hyo parameters to execute trades. The software includes robust trade management modu
This MetaTrader 5 expert advisor utilizes a trend-following strategy combining the MACD indicator with a 200-period Exponential Moving Average. It is designed to monitor and trade multiple forex pairs simultaneously from a single chart. The robot incorporates advanced money management, including ATR-based 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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers