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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.

EA31337

by EA31337
1.3k stars

EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat

MT5 Trading robot Multi-strategyNewsTrend following
Updated 5 months ago GPL-3.0 GitHub repository of EA31337

News Trader

by EarnForex
55 stars

News Trader is a semi-automatic expert advisor for MetaTrader 4 and MetaTrader 5 designed to execute trades around high-volatility economic announcements. Users manually input the scheduled news release time, and the robot opens positions a specified number of seconds before the event. It supports single-direction trad

MT4MT5 News trading NewsHedging
Updated 1 year ago Apache-2.0 GitHub repository of News Trader

Telegram Signal Trader

by nguemechieu
25 stars

This expert advisor bridges MetaTrader 4 and MetaTrader 5 with Telegram to facilitate signal-based trading and remote account management. It can execute trades from external signals or generate its own alerts using built-in indicators such as Ichimoku, Bollinger Bands, and Momentum. The software includes the ability to

MT4MT5 Copier & bridge NewsMulti-strategy
Updated 2 years ago Apache-2.0 GitHub repository of Telegram Signal Trader

Amazing

by EarnForex
24 stars

Amazing is a news trading expert advisor for MetaTrader 4 and 5 designed to capture volatility during scheduled economic announcements. It operates as a semi-automatic tool, requiring the user to manually input the specific date and time of an upcoming news event. The EA places two symmetrical pending orders at a defin

MT4MT5 News trading News
Updated 3 years ago Apache-2.0 GitHub repository of Amazing

Event Trader

by fhlee74
8 stars

Event Trader is a news-trading utility for MetaTrader 4 designed to automate straddle entries around scheduled economic releases. The EA places buy-stop and sell-stop orders at a user-defined GMT time and distance from the current market price. It incorporates one-cancels-the-other logic to delete the opposing pending

MT4 News trading NewsBreakout
Updated 6 years ago GPL-3.0 GitHub repository of Event Trader

News Filter MQL5

by sushiix-trader
3 stars

This news filter module for MetaTrader 5 provides a framework for Expert Advisors to avoid trading during high-impact economic events. It features a dual-layer system: a decision layer that blocks new entries and an action layer that can flatten current positions or cancel pending orders. The tool supports live termina

MT5 News trading News
Updated 12 days ago Apache-2.0 GitHub repository of News Filter MQL5

News Timer MT5

by Far-1d
1 stars

This utility for MetaTrader 5 fetches economic news data from the Forex Factory API to display an onscreen timer and information box. It downloads news in XML format using external Windows libraries, stores it locally, and updates the data periodically. Users can filter news events by impact level, specific currencies,

MT5 News trading News
Updated 2 years ago MIT GitHub repository of News Timer MT5

TradeExpert

by nguemechieu
1 stars

TradeExpert is a multi-functional expert advisor for MetaTrader 4 that combines technical indicator analysis with external data integration. It executes trades using market or limit orders across a wide range of forex pairs and cryptocurrencies. The system features a built-in news filter to manage volatility during eco

MT4 Trading robot NewsMulti-strategyAI / machine learning High risk
Updated 2 years ago MIT GitHub repository of TradeExpert

DaFinantial MT4 Collection

by DanielAlbino
1 stars

This repository is a collection of MetaTrader 4 expert advisors and study scripts focused on technical analysis and automated execution. It includes modules for identifying support and resistance levels, templates for news-based trading, and tools for drawing visual objects based on price extremes. The projects serve a

MT4 Collection BreakoutNewsMean reversion

Learn how to use expert advisors

Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.

  1. 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
  2. 2Using this librarySearch, filters, badges and what our checks do and do not mean.
  3. 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
  4. 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
  5. 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
  6. 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
  7. 7Run an EA 24/7VPS, forward testing on demo and going live small.
  8. 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
  9. 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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