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
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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
Strategy
EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
This MetaTrader 5 expert advisor utilizes the Bollinger Bands and Parabolic SAR indicators to execute trades based on market volatility. It functions as an entry-level algorithmic trading template, allowing users to modify strategy logic or optimize parameters using the MT5 Strategy Tester. The bot manages risk through
This MetaTrader 4 expert advisor implements a sophisticated trading framework based on a 2023 soft computing research paper. It utilizes a Bidirectional LSTM with an Attention Mechanism and Chaotic Neuro-Oscillators to predict future High, Low, Close, and Open prices. To address the limitations of traditional lagging i
Heiken Ashi Naive is a trading robot for MetaTrader 4 and 5 that executes trades based on Heiken Ashi candle characteristics, including body length and wick presence. It evaluates candle sequences to enter positions and can be configured to either follow the trend or operate in an inverted mode for mean-reversion. Risk
This MetaTrader expert advisor implements a classic moving average crossover strategy for both MT4 and MT5. It enters trades when a fast moving average crosses a slow moving average, requiring a user-defined minimum point difference to confirm the signal. The robot includes risk management features such as stop loss, t
RSI EA is a MetaTrader 5 robot designed to execute trades based on the Relative Strength Index indicator. It functions as a template for mean-reversion strategies, triggering entries when the indicator crosses specific overbought and oversold thresholds. The expert advisor features comprehensive risk controls, includin
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
This MetaTrader 5 expert advisor implements a machine learning approach using a Decision Tree model to execute trades. It functions as a bridge between MetaTrader and a local Python-based server using sockets. The system utilizes MACD, RSI, and Exponential Moving Average indicators as primary data features for the neur
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
MyRandom is a proof-of-concept expert advisor for MetaTrader 4 and 5 that executes trades in random directions. Developed for educational purposes and backtesting research, the robot enters a position after a user-defined number of bars have passed. It includes standard risk management controls such as fixed lot sizing
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
Zeus is an expert advisor for MetaTrader 5 that employs a neural network to forecast future price targets. It analyzes historical price action by identifying relative highs and lows to generate inputs for its prediction model. The EA executes market orders when the model predicts a price move, automatically setting sto
This educational expert advisor for MetaTrader 4 and 5 demonstrates a logic for scaling into winning positions. It utilizes a simple moving average crossover strategy for initial trade entries. The primary feature is a function that detects when a current position has reached a specific profit target to trigger additio
This MetaTrader 4 expert advisor executes trades repeatedly at a user-defined price level. The robot monitors price action and opens a buy or sell position when the market reaches the specified entry price. Once a trade is closed via the designated take profit target, the EA resets and prepares to re-enter the market a
This AI-driven trading assistant integrates Large Language Models like OpenAI and DeepSeek into the MetaTrader 5 platform. It functions as an interactive chat-based assistant and robot, capable of opening, closing, and modifying positions based on natural language prompts. The system can fetch real-time market data, ca
This expert advisor for MetaTrader 5 combines moving average crossovers with Relative Strength Index (RSI) levels to identify entry points. It initiates buy orders when the RSI indicates oversold conditions and a fast exponential moving average crosses above a slow exponential moving average. Conversely, it opens sell
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 MetaTrader 5 expert advisor uses complex mathematical modeling to predict future price movements through a combination of sinusoidal analysis, Fast Fourier Transform, and Monte Carlo simulations. It evaluates cyclical trends, fractal structures, and non-linear volatility via sigmoidal functions to generate buy and
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 MetaTrader 5 expert advisor provides a basic implementation of the Martingale strategy for forex markets. It initiates trades using a base lot size and applies a multiplier after losses to recoup previous deficits, utilizing fixed stop loss and take profit levels for exit management. The logic is extremely minimal
This expert advisor for MetaTrader 4 implements a mean reversion strategy primarily targeted at the GBPUSD pair. It automates trade execution by identifying price patterns and entering positions with predefined risk parameters. The bot manages exits through a hard stop loss, a target take profit based on a user-defined
This expert advisor for MetaTrader 4 and 5 serves as a tutorial for implementing cooling-off periods between trade executions. It triggers entries based on a standard moving average crossover using configurable fast and slow periods. Users can restrict trade frequency by setting a minimum number of bars or minutes that
This automated expert advisor for MetaTrader 4 executes trades based on moving average crossovers and trend-following logic. It incorporates the Chandelier Exit method, utilizing the Average True Range and price extremes to determine market direction. Risk management is handled through user-defined stop loss and take p
This MetaTrader 5 expert advisor functions as a foundational template for automated trading, primarily implementing a moving average crossover strategy. The software includes comprehensive trade management features such as fixed stop loss and take profit targets defined in ticks, a trailing stop mechanism, and break-ev
The Line of Division is a MetaTrader 5 expert advisor that identifies trading opportunities based on price frequency and level touches. The strategy monitors how many times a specific price is traded across various candles, entering buy or sell positions once a touch threshold is reached and the price deviates from tha
This expert advisor for MetaTrader 4 and MetaTrader 5 implements a trend-following strategy based on moving average crossovers. It triggers trades when a fast moving average crosses a slow moving average, utilizing new bar detection to filter out market noise. The system manages open positions using fixed stop loss and
NS Financas 4 EMA is a MetaTrader 5 expert advisor that automates trading using a four-period exponential moving average system. The robot enters trades based on the alignment of three short-term EMAs while using a 200-period EMA as a directional trend filter to ensure positions align with the long-term market bias. It
Jonny EA Simple is an automated trading robot for MetaTrader 4 that executes trades based on an algorithmic indicator using configurable look-back periods. It manages risk by calculating position sizes as a percentage of the current account balance, ensuring lot sizing remains proportional to equity. For trade exits, t
This MetaTrader 5 expert advisor executes automated long-only trades based on the Supertrend indicator. It calculates trend direction using Average True Range and a multiplier factor to identify entry points. The robot includes built-in risk management tools such as percentage-based stop loss and take profit orders, as
This MetaTrader 5 expert advisor implements the BBMA trading system by combining Bollinger Bands with multiple Moving Average levels including MA 5, MA 10, and EMA 50. It enters trades based on technical signals and price interactions with these indicators. The robot features comprehensive risk controls such as percent
This MetaTrader 5 expert advisor implements a trend-following strategy using exponential moving averages and the Relative Strength Index. It enters a long position when the 50-period EMA is above the 200-period EMA while RSI is above 50, and a short position for the opposite conditions. The robot manages one trade at a
This MetaTrader 5 expert advisor implements a classic moving average crossover strategy with multi-symbol support. It enters trades when a fast simple moving average crosses a slow simple moving average. The robot features automated risk management, calculating position sizes based on a percentage of the account balanc
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
This MetaTrader 4 expert advisor implements a trend-following breakout strategy using Heiken Ashi candle sequences. The system defines local highs and lows based on consecutive candle color changes and enters trades when these price levels are breached. It operates on a reversal basis, closing active trades and initiat
This expert advisor for MetaTrader 4 and 5 executes trades based on crossovers of the 3rd Generation Moving Average indicator. It utilizes two instances of the custom indicator with adjustable periods and sampling settings to identify trend shifts. The robot enters positions when the difference between the fast and slo
This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc
Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba
This MetaTrader 4 expert advisor is a basic automation script designed to reach a specific profit target. Upon initialization, the bot checks the current account profit against a hardcoded threshold. If the target is not met, it immediately executes a market buy order with a fixed lot size. It features an alert system
This Expert Advisor for MetaTrader 4 executes trades based on the confluence of Relative Strength Index levels and Moving Average crossovers. It enters long positions when the RSI is oversold and a fast exponential moving average crosses above a slow one, and short positions when the RSI is overbought during a downward
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
Falcon B is an automated trading robot for MetaTrader 4 that utilizes moving average crossovers and Keltner Channels for market entries. It is specifically designed to function within a larger framework, integrating with R-based decision support software through CSV command files. The EA provides robust risk management
This MetaTrader 5 expert advisor serves as both a manual trading dashboard and an automated execution tool. Users can perform one-click operations, manage batch stop loss and take profit levels, and adjust orders visually via chart dragging. The automated component utilizes external arrow indicators, such as HalfTrend,
This Expert Advisor for MetaTrader 5 is a conversion of the EMA Slope and EMA Cross strategy originally developed for TradingView. It employs three Exponential Moving Averages with default lengths of 2, 4, and 20 to generate signals based on trend slope and price crossovers. The system supports a reversal-based trading
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
LSF X Engine is a MetaTrader 5 expert advisor designed for momentum-based trading through mathematical price smoothing. It utilizes a Kalman filter to reduce market noise and calculates the Least Squares Fitting slope to identify the prevailing trend direction. The strategy triggers entries during high-velocity price b
This MetaTrader 5 expert advisor implements a trend-following strategy based on Bollinger Bands. It initiates long positions when price breaks above the upper band during periods of high volatility, attempting to ride extended uptrends. The strategy closes or reverses positions when price breaks below the lower band. A
This Expert Advisor for MetaTrader 5 automates a strategy based on Fibonacci retracements following a Break of Structure or Change of Character. It identifies market structure shifts and places two separate pending orders: a trend-following stop order and a reversal limit order targeting liquidity runs. The EA calculat
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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