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
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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
Crystal Light is a MetaTrader 5 expert advisor specifically configured for XAUJPY on the M3 timeframe. It employs a confluence-based strategy using buy and sell differentials to trigger entries. The system features independent take profit levels, a trailing stop with adjustable buffers, and a risk-based auto-lot sizing
This collection for MetaTrader 5 provides a suite of trading algorithms and risk management utilities. The primary expert advisor features an adaptive machine learning system using a neural network and evolutionary genetic algorithms. It analyzes market structure, volume profiles, and candlestick patterns to execute tr
This MetaTrader 5 expert advisor serves as a modular boilerplate and educational framework for algorithmic trading development. It provides a base structure for students to build custom execution strategies, transitioning from manual price action to automated logic. The current implementation includes basic risk manage
This MetaTrader 5 expert advisor serves as a semi-automated execution panel and risk management tool. It streamlines manual trading by calculating lot sizes based on a fixed dollar amount and a specified stop loss distance. The on-chart interface features buttons for instant market execution, partial position closing,
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
This MetaTrader 5 utility provides a visual interface for position sizing and manual trade execution. It allows traders to drag and drop stop loss and take profit lines directly on the chart, automatically calculating the required lot size based on a predefined risk percentage and account equity. The tool handles curre
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 MetaTrader 5 utility is designed for managing and broadcasting trading signals directly to Discord. It features a visual interface for drafting trade ideas on the chart using interactive entry and stop-loss lines. The software tracks trade states, manages position numbering, and routes alerts to specific Discord c
This MetaTrader 5 Expert Advisor implements an Exponential Moving Average crossover strategy generated using a visual no-code development platform. It utilizes bar-gated logic to evaluate trade entries and exits once per candle, preventing repetitive order submissions. The robot includes risk management controls such a
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
Gold Dual Engine Scalper is an MT5 expert advisor designed for XAUUSD trading. It utilizes a regime-based state machine to navigate market conditions, employing two distinct engines: one for volatility burst continuations and another for liquidity sweep reversals. The EA monitors for price compression and market exhaus
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 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
This MetaTrader 5 expert advisor identifies scalping opportunities by analyzing candle data within a sliding window. It utilizes dynamic delta thresholds calculated through rolling means and Median Absolute Deviation (MAD) for both tick and volume data. Users can configure specific multipliers and minimum absolute thre
This repository is a diverse collection of MetaTrader 5 expert advisors and utilities, ranging from automated trading robots to advanced risk management frameworks. The central tools focus on sophisticated risk control, implementing Value at Risk (VaR) calculations, equity-based stop loss and take profit protection, an
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 acts as a modular framework for algorithmic trading using object-oriented principles. It includes a functional strategy that enters trades based on RSI levels and Moving Average crossovers. The system manages exits through automated stop loss, take profit, break-even adjustments, and tr
This MetaTrader 5 utility functions as a performance auditing dashboard for managing multiple algorithmic trading strategies simultaneously. It monitors and calculates institutional-grade metrics such as Profit Factor, Win Rate, and Risk/Reward ratios. The tool automatically detects strategy names by filtering broker l
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
MQL5 EA CI/CD Template is a development framework for MetaTrader 5 designed to automate the lifecycle of Expert Advisors. It implements modern software engineering practices through continuous integration and deployment pipelines using GitHub Actions. The system includes tools for automated unit testing, static code an
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
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 MetaTrader 5 robot implements a grid trading strategy featuring dynamic order spacing. Unlike traditional fixed grids, this expert advisor increases the distance between subsequent levels using an expansion factor. It employs martingale lot scaling where volumes grow exponentially based on the number of open posit
This Expert Advisor for MetaTrader 5 implements a bi-directional grid strategy combined with martingale lot scaling. The robot monitors buy and sell legs independently, opening new orders at fixed pip intervals when the price moves against existing positions. It utilizes an exponential growth factor to increase trade v
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
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 MetaTrader 5 expert advisor implements a mean reversion strategy that identifies price gaps between fast and slow moving averages. It utilizes an ATR-based volatility filter to enter trades during low volatility periods and confirms entries with RSI momentum patterns. The system manages risk using fixed dollar amo
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
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
EA31337 Libre is an open-source multi-strategy trading robot developed for MetaTrader 4 and 5. It serves as a simplified implementation of a larger algorithmic framework, offering over 35 distinct strategies based on popular technical indicators. The robot allows each strategy to analyze market conditions across multip
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
Trade Manager is a MetaTrader 5 utility designed to assist manual traders with risk calculation and position execution. It provides an on-chart interface with buttons for market, limit, and stop orders. The EA calculates position sizes based on a user-defined risk percentage per trade and manages exits through a reward
PulseNX is a MetaTrader 5 expert advisor that follows a mean-reversion strategy using the Triangular Moving Average (TMA) and a Stochastic oscillator. It identifies entry opportunities when Heiken Ashi candles touch the outer TMA bands while the oscillator indicates overbought or oversold conditions. The EA includes ri
2Order Expert is a semi-automated trading tool for MetaTrader 5 designed to streamline order entry. It allows traders to execute two simultaneous orders at a specified distance from each other, using either a fixed pip value or a multiplier of the current market spread. The tool includes a graphical user interface for
This MetaTrader 5 collection serves as a proof of concept to demonstrate the security risks of running unverified code. The primary script, Commission Grindr, illustrates how an account balance can be intentionally depleted through rapid trade execution that maximizes commission fees. It utilizes asynchronous trading m
This MetaTrader 5 expert advisor utilizes the price range of the previous weekly candle to define four trading channels, inspired by Fibonacci principles. It monitors 15-minute price action for breakouts across the 50% midpoint of these channels. The robot automates position entry with stop loss and take profit levels
This expert advisor for MetaTrader 5 implements a mean-reversion strategy based on the Relative Strength Index (RSI). It opens buy positions when the RSI falls below the 30 level and sell positions when it rises above 70. The robot manages trades using fixed stop loss and take profit levels defined in points. It includ
This MetaTrader 5 library provides developers with a mechanism to detect the opening of a new bar across different timeframes. It serves as a programming utility rather than a standalone trading strategy. The repository includes an include file and a test expert advisor demonstrating two detection methods: one for mult
This MetaTrader 5 expert advisor functions as a data collection tool designed to export trade statistics into a CSV file. It automatically initiates a buy order at a specific time each day to generate execution data for analysis. The system monitors the account history to capture details such as opening and closing pri
MALE5 is a machine learning framework for MetaTrader 5 designed to help developers create trading systems using a Python-like syntax. It provides a suite of predictive models including linear regression, decision trees, support vector machines, and neural networks. The library includes tools for data collection, prepro
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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