This MetaTrader 5 expert advisor implements Smart Money Concepts including Order Blocks, Fair Value Gaps, and Break of Structure entries. It features an automated mode that combines multiple strategies alongside market regime detection using ADX or Efficiency Ratio to ensure trading in trending conditions. Risk managem
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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 8Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 8Utility
Strategy
This MetaTrader 5 repository features a diverse collection of automated trading strategies, including indicator-based scalpers and price action robots. The experts utilize technical filters such as Average True Range periods and baseline moving averages to identify entry signals. Key risk management features integrated
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
Autumn Harvest is a multi-strategy MetaTrader 5 expert advisor incorporating technical patterns such as RSI reversals, peak reversals, and the ignored bar strategy. It functions as both an automated trading robot and a position manager, allowing it to maintain external trades or its own. The EA includes risk controls l
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
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
This MetaTrader 5 robot employs a dual-strategy approach, switching between trend-following moving average crossovers and RSI-based mean-reversion depending on detected market regimes. It features an integrated walk-forward optimization system that loads optimized parameters from external files to adapt to changing vol
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
This MetaTrader 5 expert advisor focuses on institutional-style trading across forex, indices, and other assets. It utilizes market structure analysis, including liquidity sweeps and market structure shifts, to identify entries on a M15 timeframe guided by H1 trends. The robot categorizes market states into range, tren
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
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
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 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 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
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 4 expert advisor implements the No Nonsense Forex (NNFX) algorithmic trading strategy. It utilizes a multi-layered approach for trade entries, incorporating a primary confirmation indicator, a secondary confirmation indicator, a volume filter, and a baseline for trend direction. The bot includes risk ma
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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