This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
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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
Trading robot 13Trade manager 1Risk & protectionNews tradingCopier & bridgeFramework & template 5Collection 10Utility 1
Strategy
Trend following 14BreakoutScalpingGridMartingale 12Hedging 6Mean reversion 8SMC / ICT / price actionIndicator crossover 7Arbitrage 1AI / machine learning 3NewsMulti-strategy 6
Orchard Forex Framework 3 is an educational development library for MetaTrader 5. It provides a structured foundation for building Expert Advisors using object-oriented programming. The repository includes base classes for handling trades, managing positions, and integrating common technical indicators like RSI, MACD,
MultiTrader is a multi-currency expert advisor for MetaTrader 4 and MetaTrader 5 that executes trades across multiple forex instruments concurrently. It uses a modular system of filters to generate entry and exit signals based on various technical indicators. The EA manages risk through fixed or trailing stop losses, b
Punlie Grid is a MetaTrader 5 expert advisor that executes a grid trading strategy tailored for gold, crude oil, and cryptocurrencies. It places orders at fixed point intervals and features a trend-following filter that uses daily timeframe data to align trades with the prevailing market direction. Risk controls includ
This Expert Advisor for MetaTrader 5 implements a martingale trading strategy triggered by the Relative Strength Index (RSI). It opens an initial position when RSI reaches overbought or oversold thresholds. If price continues to move against the initial trade, the EA layers additional orders at set point intervals, mul
MarketSync EA is an experimental MetaTrader 5 expert advisor designed to bridge algorithmic trading with external artificial intelligence. It functions by streaming real-time market and account data from the MT5 terminal to a local Node.js backend via HTTP requests. The external server processes this information using
This grid trading robot for MetaTrader 5 automates the placement of multiple limit orders within a user-defined price range. It populates the market with a configurable number of buy and sell limit orders between specified high and low boundaries. The expert advisor includes risk management features such as individual
This repository provides a collection of trading scripts for MetaTrader 4, MetaTrader 5, and Pine Script, covering various technical strategies. It includes a Williams Alligator expert advisor that enters trades based on the alignment of three smoothed moving averages. The repository also contains code for grid and hed
This repository contains a collection of MetaTrader 5 expert advisors and utility scripts. It includes a variety of automated strategies such as mean reversion, Dunnigan NRTR, and experiments with artificial intelligence. The library also features utility tools for Telegram integration, search functions, and signal das
Parallel System 3 is a MetaTrader 4 expert advisor developed specifically for trading gold. It utilizes a Directional Movement Index (DMI) signal generator with customizable smoothing periods and moving average methods. The trade management logic is based on a layered approach involving multiple trade packs, categorize
SVEA is a MetaTrader 4 trade management tool designed to supervise manual entries and automate order execution based on horizontal lines. It monitors specific price levels set by the user to trigger buy and sell orders, including stops and limits. The utility incorporates essential risk controls such as percentage-base
This MetaTrader 5 expert advisor provides an interactive on-chart trading interface for manual execution and automated strategy management. It features dedicated graphical buttons for market entry along with input fields for volume, stop loss, and take profit levels. The repository includes distinct modules for hedging
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
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
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
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
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
DomPanion is a trade management and risk protection utility for MetaTrader 5 designed for discretionary traders. It monitors active positions to enforce lot size limits, session-based trading restrictions, and monetary take-profit or stop-loss targets. The EA features a dashboard with time-based performance analysis an
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
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
Docker MT5 is a full-stack integration tool that enables MetaTrader 5 automation via a Python API. It uses a ZeroMQ-based Expert Advisor to bridge communication between the terminal and external scripts for trade execution and data retrieval. The project includes a Docker configuration to run MetaTrader 5 on Linux envi
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 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 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 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 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 5 expert advisor serves as a template for multi-pair trading systems using a dual Moving Average crossover strategy. It is designed to execute trades across multiple symbols from a single chart based on a user-defined list of currency pairs. The EA includes risk management tools such as a trailing stop,
AriZone Grid Bot is an expert advisor for MetaTrader 5 designed to execute grid-based trading strategies. The robot operates within a user-defined price range, allowing traders to set specific upper and lower boundaries. Users can configure the number of grid levels and choose between arithmetic or geometric spacing mo
Dollar Killer Martingale is an automated trading robot for MetaTrader 5 that utilizes Bollinger Bands to identify market entry points. The EA initiates trades based on price interaction with band boundaries and manages drawdowns through a lot-multiplication recovery system. It features a grid-based approach where addit
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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