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Free MT4 & MT5 expert advisors

1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.

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32 EAs match Clear filters
645 stars

This collection of MetaTrader 5 expert advisors implements various technical strategies using indicators such as Moving Averages, MACD, and the Andean Oscillator. It includes a specific tool for trading based on Commitment of Traders data combined with SuperTrend signals. Most robots in the repository incorporate a gri

MT5 Collection Indicator crossoverScalpingGrid High risk

Nyao Scalper

by elrizwiraswara
173 stars

Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT

MT5 Trading robot ScalpingTrend followingMartingale High risk
Updated 3 months ago BSD-3-Clause GitHub repository of Nyao Scalper

NetAlgo EA Collection

by santiago-cruzlopez
56 stars

This repository contains a diverse collection of automated trading robots for the MetaTrader 5 platform. The strategies range from trend-following systems using True Strength Index (TSI) and Moving Average crossovers to mean-reversion tools utilizing Relative Strength Index (RSI) and Bollinger Bands. Most experts inclu

MT5 Collection Trend followingScalpingMartingale High risk

Grid EA

by sonidelav
52 stars

This expert advisor for MetaTrader 4 implements a grid-based scalping strategy. It places multiple trade orders at fixed intervals, defined by a configurable pip gap. The system manages a specific number of grid lines on both sides of the starting price, aiming to capture small price movements. It utilizes fixed lot si

MT4 Trading robot GridScalping High risk
Updated 8 years ago GPL-3.0 GitHub repository of Grid EA

Super Trading Collection

by RoyluxuryTrading
24 stars

This repository provides a collection of MetaTrader 4 and 5 expert advisors, including the modular Super Trading Bot series and an AI-driven trading template. The EAs utilize various technical indicators like Bollinger Bands, Parabolic SAR, and moving averages for trend-following and scalping. Built-in risk management

MT4MT5 Collection Trend followingScalpingAI / machine learning High risk

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

MT5 Collection Trend followingBreakoutScalping

Project Eingana

by ThePathsOfSaga
13 stars

This MetaTrader 4 repository contains a collection of expert advisors developed for the Eingana social trading project. It features multiple strategies, including a Keltner Channel-based mean-reversion system for pairs like EURNZD and EURAUD, alongside a EURUSD scalper. The robots typically enter trades when price acti

MT4 Collection Mean reversionScalping
Updated 7 years ago GPL-3.0 GitHub repository of Project Eingana
11 stars

This MetaTrader 5 expert advisor utilizes deep learning models, specifically Long Short-Term Memory or Transformer architectures, to predict price movements several bars ahead. It operates by communicating via HTTP with a local Python daemon that processes machine learning inference. The system includes an advanced Kel

MT5 Trading robot AI / machine learningScalping
Updated 1 year ago GPL-3.0 GitHub repository of ALFA Transformer AI

Conservative Scalper EA

by NadirAliOfficial
10 stars

Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti

MT4 Trading robot ScalpingTrend followingBreakout

DaxAlgo Trading Strategies

by dhruuvsharma
9 stars

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

MT5 Collection ScalpingMean reversionTrend following
8 stars

High Frequency Grid EA is an automated trading robot for MetaTrader 5 that implements a mean-reversion strategy through a grid of pending orders. It places buy and sell stop orders at calculated distances, using dynamic spread monitoring to ensure execution only during favorable conditions. The EA includes a trailing s

MT5 Trading robot GridMean reversionScalping High risk
6 stars

This repository provides a collection of MetaTrader 5 expert advisors based on Smart Money Concepts and ICT methodologies. The tools implement price action strategies including Fair Value Gaps, Market Structure Shifts, and the Next Day Model. Each EA handles trade execution with automated risk-based lot sizing and conf

MT5 Collection SMC / ICT / price actionScalpingTrend following
5 stars

This collection of Expert Advisors for MetaTrader 5 provides specific automated strategies for Gold, Bitcoin, EURUSD, and Nasdaq. The repository includes modules for ATR breakouts, Bollinger Band mean reversion, and opening range breakouts. Risk management is handled through a three-stage take profit system, automated

MT5 Collection BreakoutMean reversionScalping

CRT TBS Gold Scalper

by Pusparaj99op
5 stars

This MetaTrader 5 expert advisor is designed for gold trading using Candle Range Theory and Time-Based Strategy principles. It identifies market structure through the Accumulation, Manipulation, and Distribution cycle while detecting Fair Value Gaps and Order Blocks. The robot executes trades exclusively during specifi

MT5 Trading robot SMC / ICT / price actionScalpingTrend following
5 stars

Universal Market Hunter is an automated trading robot for MetaTrader 5 that targets Forex, gold, and cryptocurrency markets. It allows users to switch between two main strategies: a Bollinger Band volatility breakout and an engulfing price action pattern using volume confirmation. The system manages risk through ATR-ca

MT5 Trading robot BreakoutScalpingTrend following
Updated 1 year ago Apache-2.0 GitHub repository of Universal Market Hunter
4 stars

This high-frequency scalping robot for MetaTrader 5 is specifically designed for the gold market. It determines entry points using a combination of EMA trend filters, ADX trend strength, and dynamic RSI levels. To recover from losing positions, the EA utilizes an aggressive martingale grid system with a customizable lo

MT5 Trading robot ScalpingMartingaleGrid High risk

AI Telegram Signal

by bizkut
4 stars

This MetaTrader 5 expert advisor acts as a bridge between Telegram channels and the trading terminal via a dedicated Python server. It uses a TCP socket connection to receive structured JSON data parsed by artificial intelligence from unstructured chat messages. The EA executes market or pending orders based on entry r

MT5 Copier & bridge ScalpingMulti-strategy
3 stars

A collection of systematic Expert Advisors for MetaTrader 5 designed for session-specific execution. The repository includes multiple specialized engines for strategies such as range reversion, breakouts, and trend following. It features a centralized risk management layer with spread caps, daily loss limits, and conse

MT5 Collection Mean reversionBreakoutTrend following

Smart Scalp PA

by logiccrafterdz
3 stars

Smart Scalp PA is a price action expert advisor for MetaTrader 5 designed for intraday trading and scalping. It identifies market entries using Engulfing and Pin Bar candle patterns confirmed by a higher timeframe EMA 50 trend filter. The system incorporates support and resistance clustering based on pivot highs and lo

MT5 Trading robot Trend followingScalping
Updated 11 months ago MIT GitHub repository of Smart Scalp PA
3 stars

Adaptive AI Scalper is a modular MetaTrader 5 robot designed for high-frequency scalping. It identifies trade entries using a weighted scoring system that evaluates signals from RSI, Moving Averages, and Bollinger Bands. The EA manages risk through automated lot sizing, ATR-based stop loss and take profit levels, trail

MT5 Trading robot ScalpingIndicator crossover

XAUUSD Scalping EA

by AhsanAli013
2 stars

This MetaTrader 5 expert advisor is designed for gold scalping using a multi-timeframe approach. It analyzes price action across M5, M15, and H1 intervals using Exponential Moving Averages, Relative Strength Index, and Average Directional Index for entry confirmation. Trades are managed with ATR-based stop losses, take

MT5 Trading robot ScalpingIndicator crossoverTrend following

Funded EA

by Pusparaj99op
2 stars

Funded EA is a MetaTrader 5 robot designed to help users pass proprietary firm challenges by automating trade execution and risk management. It implements a Smart Money Concepts strategy, targeting XAUUSD by detecting order blocks and liquidity sweeps. The system features a calibration engine that calculates lot sizes

MT5 Trading robot SMC / ICT / price actionScalpingTrend following
Updated 5 months ago Unlicense GitHub repository of Funded EA

Mt4 Develop Collection

by xianGuiye
2 stars

This repository features a collection of MetaTrader 4 expert advisors designed for various trading approaches. The included M5_M30integral EA utilizes moving average crossovers across multiple timeframes for trend detection. Other scripts employ envelope scalping at specific standard deviations and Bollinger Band strat

MT4 Collection Indicator crossoverMean reversionScalping High risk

Conquest EA

by MunchonGithub
1 stars

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

MT5 Trading robot SMC / ICT / price actionAI / machine learningTrend following
Updated 4 weeks ago Apache-2.0 GitHub repository of Conquest EA

Smart Trader Forex

by joseph8848
1 stars

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

MT5 Trading robot Trend followingScalpingMean reversion

Conquest Platinum SMC EA

by MunchonGithub
1 stars

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

MT5 Trading robot SMC / ICT / price actionScalpingTrend following
Updated 3 months ago Apache-2.0 GitHub repository of Conquest Platinum SMC EA

Gold Dual Engine Scalper

by MithunCyDev
1 stars

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

MT5 Trading robot ScalpingBreakoutSMC / ICT / price action

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

MT5 Collection ScalpingSMC / ICT / price actionGrid High risk
1 stars

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

MT5 Trading robot AI / machine learningMulti-strategyScalping High risk

Multi ATR Scalping Expert

by StateSpeed-Solutions
1 stars

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

MT5 Trading robot ScalpingMean reversion
1 stars

This repository provides a collection of MetaTrader 5 expert advisors focused on Smart Money Concepts and Inner Circle Trader methodologies. The included bots automate various trading models such as the Next Day Model, New York session range trading, and Fair Value Gap entries. Each tool utilizes multi-timeframe analys

MT5 Collection SMC / ICT / price actionScalpingBreakout
1 stars

The BU ATR Breakeven Engulfing is a MetaTrader 4 robot that executes trades based on candlestick price action and volatility indicators. It identifies entry points using bullish and bearish engulfing patterns, which are then filtered through the Relative Strength Index to confirm momentum. The system incorporates dynam

MT4 Trading robot SMC / ICT / price actionMean reversionScalping

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 day, 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 day. 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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