This risk management tool for MetaTrader 4 and 5 calculates optimal lot sizes based on user-defined risk parameters, account balance, and currency. It provides a graphical user interface for setting entry, stop loss, and take profit levels visually on the chart. The expert advisor accounts for commissions, swaps, and m
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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
This development framework provides a comprehensive MQL library for building Expert Advisors, indicators, and scripts across MetaTrader 4 and 5 platforms. It facilitates cross-platform compatibility by offering a unified API that allows developers to port MQL4 code to MQL5 with minimal modifications. The library includ
This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another. It operates by sharing a data file between a master and a slave instance on the same computer or filesystem. The slave EA manages order execution, including market, limit, and stop orders
This is a modular MetaTrader 5 expert advisor framework designed to accelerate the development of custom trading strategies. It provides a standardized base that includes position management, risk controls, and multi-symbol support. The template features configurable entry and exit logic, integrated stop loss and take
Telegram API Signal Bot is a notification utility for MetaTrader 4 designed to broadcast trading activity to external communication channels. The EA monitors the terminal for order events, including executions and partial closes, and transmits the details to a Telegram group or channel using the Telegram Bot API. It of
This repository provides a containerized environment for MetaTrader 5 using Docker, Alpine Linux, and Wine64. It includes a VNC server with an Openbox GUI for remote management and features Python integration via pyzmq for data feeding. The collection includes various MetaTrader 5 expert advisors, ranging from a 3D cor
This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz
This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
This collection of MetaTrader 5 expert advisor samples supplements the Darwinex educational video series on advanced MQL5 programming. It provides technical implementations for multi-symbol trade management and institutional-grade risk controls. The codebase includes specialized modules for calculating custom performan
Account Protector is a risk management expert advisor for MetaTrader 4 and 5 designed to monitor account health and prevent excessive drawdowns. It allows users to set specific triggers based on floating profit or loss, equity levels, free margin, spread, or daily performance. When these conditions are met, the EA auto
MetaTrader 5 To Telegram is a utility expert advisor designed to bridge a MetaTrader 5 terminal with a Telegram bot. It monitors the trading account for updates and broadcasts notifications regarding orders, deals, and active positions to a specific user, group, or channel. The EA uses a timer-based system to process i
This utility for MetaTrader 5 transforms the trading terminal into a REST API server, enabling external software to control trading operations via HTTP. It facilitates remote account monitoring, price retrieval, and full trade execution, including market orders, pending orders, and partial closes. The system supports a
This Expert Advisor framework for MetaTrader 4 provides a modular template for building custom trading strategies. It handles complex trade management tasks, including multi-symbol execution, margin-based position capping, and various lot-sizing algorithms such as risk percentage or fixed volume. Risk controls include
This expert advisor provides a communication layer between MetaTrader 4 and external software applications via the ZeroMQ protocol. It operates as a server that listens for remote commands to open, modify, or delete market and pending orders. The system features a request-response mechanism and a dedicated push server
This repository is a collection of educational expert advisors for MetaTrader 5, developed as part of an introductory MQL5 programming series. It includes multiple standalone robots utilizing common technical indicators such as moving average crossovers, Bollinger Bands, and the Relative Strength Index. The primary exp
This MetaTrader 5 expert advisor collection provides a modular approach to automated trading based on technical indicators. It features a trading robot that uses a moving average to identify entries, supported by risk management tools including hard stop losses and take profits. The system includes logic for break-even
This MetaTrader expert advisor functions as a trade manager that automates stop loss adjustments for existing positions. It specifically waits until a trade reaches a user-defined profit threshold in points before initiating a trailing stop. The tool includes flexible filtering options to manage specific symbols, magic
This repository contains a large collection of over 100 expert advisors for the MetaTrader 5 platform, many of which appear to be generated using the Mission Automate tool. The library covers a wide variety of trading methodologies including range breakouts, Ichimoku cloud strategies, Heiken Ashi engulfing patterns, an
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,
This MetaTrader 5 tool acts as a discretion helper for manual traders to simplify order execution. It automates trade entries by applying calculated risk percentages and setting predefined stop loss and take profit values in pips. The utility features integrated trailing stop functionality, allowing users to define spe
This collection features several expert advisors for the MetaTrader 5 platform, each built around a different technical indicator such as MACD, RSI, Parabolic SAR, and Ichimoku Kinko Hyo. The robots execute trades based on classic signal logic, including zero-line crossings and signal line crossovers. Users can configu
This MetaTrader 5 expert advisor automates the 9.1 trading setup popularized by Larry Williams, utilizing an exponential moving average to detect trend shifts. It enters trades based on price action relative to the moving average slope. The system includes built-in trade management features like partial profit taking,
Sharing Is Caring is a MetaTrader 5 trade copier designed for local or remote synchronization between trading accounts. It operates in either provider or receiver mode, utilizing CSV files for local communication and FTP or HTTP for remote data transfer. The tool supports proportional lot sizing adjusted for balance an
This MetaTrader 4 template provides a modular framework for developing expert advisors. It organizes trading logic into decoupled components including signal engines, order management, and environment checking. The system uses an abstract controller class to handle data processing from multiple sources, such as MACD or
This expert advisor provides automated schedule management for the MetaTrader 4 and MetaTrader 5 platforms. It allows users to define specific time windows for each day of the week to toggle the platform's global AutoTrading status. Beyond simple scheduling, the utility can close active positions and delete pending ord
This repository provides a series of educational code examples designed to help algorithmic traders transition from MetaTrader 4 to MetaTrader 5. The collection focuses on highlighting the technical improvements and syntax changes between the two versions of the MQL language. The included scripts demonstrate how to acc
This repository contains a collection of personal trading tools for MetaTrader 4 and MetaTrader 5. According to the author, the included expert advisors do not operate as fully automated trading robots. Instead, they function as execution assistants that help with manual trading by handling automatic position sizing an
This MetaTrader 5 expert advisor serves as an educational example from a book on MQL5 programming. It implements a versatile trading system that can be configured to use moving average crossovers, Relative Strength Index levels, or both indicators combined for trade entries. The EA manages risk with user-defined stop l
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
Neo Trader is an order execution bridge that facilitates the transfer of trade data from TradingView to MetaTrader 4 and 5 terminals. Operating through a local socket server and a browser extension, it allows users to execute trades directly from TradingView position drawing tools. The expert advisor handles market and
This repository features a collection of MetaTrader 5 trading utilities and management tools. The central component is the ASQ Command Desk, a manual trading dashboard that offers one-click execution and hotkey support. It manages positions using a three-stage partial take-profit logic and provides various trailing sto
This repository provides a collection of standard MetaTrader 5 expert advisors bundled within a Docker container environment. It includes classic MetaQuotes examples such as the MACD Sample and Moving Average, which execute trades based on technical indicator crossovers and trend filters. The primary MACD expert featur
This educational collection provides a foundation for building MetaTrader 5 expert advisors through a series of modular code snippets and a primary RSI-based trading robot. The included expert advisor executes trades based on Relative Strength Index overbought and oversold levels, supporting both live and closed candle
This collection provides multiple MetaTrader 5 expert advisors and indicators intended as educational templates for MQL5 development. The primary example, ExpSidus, implements a moving average crossover strategy using Exponential and Linear Weighted Moving Averages. The included robots feature basic risk management thr
This framework enables MetaTrader 4 to function as a TCP server using Winsock bindings, allowing external applications to connect over a network. It facilitates bidirectional communication, enabling users to stream real-time price data to external environments or execute trading commands remotely. The repository includ
This MetaTrader 4 expert advisor facilitates trade copying between separate accounts across different brokerages using a MySQL database as a bridge. It consists of a master script that records trades and a slave script that replicates them. The tool supports volume scaling via multipliers or fixed lot sizes, trade dire
This MetaTrader 5 utility is a comprehensive manual trading panel and risk management suite. It simplifies order execution by calculating lot sizes based on a defined risk percentage of account equity. Users can manage trades via automated break-even points, multi-mode trailing stops including Fractals, Moving Averages
This repository contains the MQL source code used by Forex Strategy Builder Professional to export automated trading strategies to MetaTrader 4 and MetaTrader 5. It serves as a standardized template for executing technical strategies generated by the software, handling order execution and trade management. The EA inclu
This utility for MetaTrader 4 and 5 automates trade execution based on trader-defined chart patterns. Users draw trendlines, horizontal lines, or channels, which the expert advisor monitors to place pending breakout orders. It handles trade entries, stop losses, and take profits according to specific object naming conv
NNFX Backtest C1 is a specialized utility for MetaTrader 4 designed to evaluate external confirmation indicators using the No Nonsense Forex methodology. It enables users to backtest custom indicators by defining signal logic such as two-line crossovers, zero-line crosses, or histogram changes. The system manages risk
This MetaTrader 5 expert advisor serves as a foundational framework for developing automated trading strategies. It streamlines the creation process by providing pre-built modules for position sizing, risk management, and trade execution. The system includes parameters for ATR-based stop-loss and take-profit calculatio
This MetaTrader 5 expert advisor implements a classic dual moving average crossover strategy. It tracks short-term and long-term moving averages, entering a buy position when the faster line crosses above the slower line and a sell position when it crosses below. Upon receiving a new signal, the bot automatically close
This expert advisor serves as a bridge between MetaTrader 5 and the VeighNa Evo quantitative trading framework. It uses ZeroMQ sockets and JSON messages to enable remote control of the terminal via Python. The system supports market data subscriptions, order execution, and history queries. It is designed specifically f
This expert advisor functions as a manual trading assistant for MetaTrader 4 and MetaTrader 5, designed to simplify discretionary order management. It provides a graphical interface on the chart, allowing users to execute trades with pre-defined risk parameters. The tool includes options for percentage-based risk calcu
This MetaTrader 5 expert advisor serves as a foundational template for building automated trading systems. The README is minimal, but the code provides a structured framework for beginners to implement custom entry and exit logic using price data and technical indicators. It includes examples of Exponential Moving Aver
This expert advisor acts as a communication bridge between MetaTrader 4 and NodeJS environments using the ZeroMQ protocol. It enables external applications to programmatically control trading functions, such as opening, modifying, or closing market and pending orders. The system supports fetching account info, price hi
This MetaTrader 4 expert advisor acts as a bridge between the trading platform and an external NodeJS application. It utilizes the WebRequest function to send real-time data, including bid and ask prices, to a local server during initialization, deinitialization, and on every price tick. The tool allows developers to p
This repository provides a collection of MetaTrader 5 expert advisors and indicators developed for experimental purposes. It features a range of trading systems, including standard MetaQuotes examples and custom implementations like NERV and RNN-based logic. The primary expert advisors utilize technical indicators such
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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