This expert advisor acts as a communication bridge between MetaTrader 5 and external software environments using the ZeroMQ messaging protocol. It implements a publisher-subscriber model to broadcast real-time symbol data, including bid and ask prices, as JSON strings over a network connection. The EA allows users to c
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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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Type
Strategy
This MetaTrader 5 tool monitors the market price of a financial instrument and sends a push notification to the mobile terminal once a user-defined price level is reached. The utility utilizes a single input parameter to specify the target Ask price. Upon hitting the target, the expert advisor triggers the notification
YYEA is an automated trading robot for MetaTrader 4 that uses a combination of technical indicators to identify entry points. The strategy incorporates Relative Strength Index levels, Moving Average divergence, and daily high-low price levels tracked over a four-day period. It primarily focuses on shorter timeframes, s
This utility for MetaTrader 5 automates the collection and extraction of historical price data into CSV format. It captures essential market information including date, open, high, low, and close prices. The tool allows users to specify a single symbol for export or process all available symbols in the terminal. It inc
This MetaTrader 4 expert advisor functions as a trade copier, specifically acting as the slave component to receive and replicate orders from a source file. It features flexible lot sizing options, allowing users to apply a scaling coefficient, force a fixed lot size, or calculate volume based on the account balance. T
This utility for MetaTrader 4 monitors open trades and sends push notifications when the market price approaches an order's stop loss level. It allows users to define a specific distance threshold and includes a debounce time setting to filter out brief price spikes or noise. The tool loops through all active positions
This MetaTrader 4 expert advisor provides a utility framework for account risk management and manual trade execution. It monitors account equity and margin levels, offering alerts based on predefined risk percentages per order and total account exposure. The software includes an example for keyboard-based trading, allo
This MetaTrader 4 repository contains a collection of trading tools and expert advisors, primarily focused on the PATI Trading Assistant. The software functions as a trade manager that supports semi-automated entries by drawing range lines and placing pending orders. It includes risk controls such as customizable stop
DayT is an automated trading expert advisor for MetaTrader 4 that executes trades based on technical indicators. It utilizes a dynamic position sizing model where lot sizes are calculated using a risk factor relative to the account free margin and leverage. The system includes various trade management features such as
This MetaTrader 4 expert advisor utilizes the MACD and ZigZag indicators to identify potential market entries based on price action swings. It tracks historical highs and lows using standard ZigZag parameters like depth, deviation, and backstep to detect trend reversals. A unique aspect of this EA is the integration of
MQL4 Benchmark provides a specialized module for measuring the execution speed of code within MetaTrader 4. The tool allows developers to profile specific functions, loops, or logic segments by calculating the elapsed time and outputting the results to the terminal Experts tab. It supports manual start and end points f
This MetaTrader 4 module provides a simplified interface for file system operations within the MQL4 environment. It functions as a programming library to assist developers in managing files without complex low-level coding. The package includes methods to read and write text data, copy existing files, delete files, and
MQL4 Environment Configuration Tool is a utility for MetaTrader 4 that enables developers to manage account settings and environment variables using external files. It supports reading key-value pairs from plain text or ini files located in the terminal data folder. This approach allows for the externalization of sensi
This MetaTrader 4 framework provides a module for unit testing MQL4 code across multiple simulated account environments. It allows developers to verify function logic by comparing actual execution results against expected values. The tool can cycle through different broker settings using external configuration files to
Project Pips is a MetaTrader 4 expert advisor that automates trades based on moving average crossover signals. It includes a variety of entry and exit parameters, such as the ability to close positions on opposite signals or reverse positions based on price distance. Risk management is highly configurable, offering fix
This MetaTrader 4 utility exports candlestick data for a specific financial instrument across various timeframes into a local SQLite database. It retrieves historical price action and continues to update the database as new ticks arrive. The program allows users to set a custom time zone offset and specify the instrume
This MetaTrader 4 expert advisor implements an automated trading strategy based on a combination of technical indicators, including the Relative Strength Index, Moving Averages, and MACD. The bot evaluates price action against these indicators to determine trade entries. It manages active positions using a fixed lot si
This MetaTrader 5 repository is a collection of various Expert Advisors and trading utilities. The primary EA implements a strategy based on the Relative Strength Index (RSI), Bollinger Bands, and Parabolic SAR indicators. It executes trades using overbought and oversold levels in conjunction with volatility bands. Ris
This MetaTrader 4 expert advisor utilizes the SuperTrend and Bollinger Bands indicators to identify market entries. It monitors for trend changes, breakouts, corrections, and pullbacks. The EA incorporates several risk management tools, including a configurable stop loss, dynamic stop loss logic, and a trailing stop. I
This MetaTrader 4 utility provides a graphical user interface for manual trade management. It creates interactive on-chart buttons that allow traders to execute bulk exit commands with a single click. The tool facilitates closing all open positions, specifically targeting sell orders, or focusing on buy orders. It also
This MetaTrader 4 expert advisor implements a trend-following strategy based on the Parabolic SAR indicator. It monitors indicator flips to identify potential entry points, opening buy positions when the SAR dots move below the price and sell positions when they move above. The robot manages trades using fixed stop los
This MetaTrader 5 expert advisor is a research-oriented framework designed to scan and analyze Ichimoku Kinko Hyo indicator criteria across multiple symbols. It evaluates price positions relative to the Chikou Span, Senkou Span A, and Senkou Span B to identify market reactions. The utility includes features for exporti
This MetaTrader 4 trade manager provides a graphical user interface for closing open positions based on technical indicator conditions. It does not open new trades but manages existing ones using RSI levels, ADX filters, and volatility-based logic. The utility includes a break-even function and adjustable ATR settings
This MetaTrader 4 expert advisor implements a multi-indicator technical strategy generated using the FxPro Quant tool. The robot identifies entry points by analyzing the confluence of an Exponential Moving Average, Relative Strength Index, MACD, and Bollinger Bands. It specifically looks for rising momentum and trend a
ATR Session EA is an automated trading robot for MetaTrader 4 that utilizes session-based logic and the Average True Range indicator. The software monitors market activity through a session factory, identifying potential entries based on price thresholds for higher highs and lower lows. It employs a structured trade ma
This trade management expert advisor for MetaTrader 5 provides a comprehensive execution panel featuring a TradingView-inspired position tool. It allows users to visually define risk through draggable on-chart stop loss and take profit zones, automatically calculating lot sizes based on a percentage of account risk. Th
RiskGuard Pro is a multi-strategy expert advisor for MetaTrader 5 that combines automated trade execution with comprehensive risk management. It features a voting engine that aggregates signals from indicators like RSI, MACD, and Bollinger Bands. The EA supports various lot-sizing methods, including fixed lots and perc
This MetaTrader 5 repository contains a large collection of expert advisors developed using the fxDreema visual builder. The primary strategy utilizes a triple moving average system with 200, 25, and 5 periods to detect trends, combined with ATR-based volatility filters for trade exits. It features grid-based order lay
Otto EA is a MetaTrader 5 expert advisor ported from Pine Script, designed for institutional-style trading and price action analysis. It utilizes a proprietary Wick1+Wick2 support and resistance block methodology to identify market structure and potential entry points. The system includes a sophisticated trade manageme
This MetaTrader 5 expert advisor is a component of the MT5-AI ecosystem, designed to interface with Python gateways and Telegram signals. The robot processes external signals to identify specific candle patterns and automatically plot Fibonacci retracement levels on the chart. It features multiple operational modes inc
This collection of MetaTrader 5 expert advisors focuses on grid and basket trading strategies. The core system establishes a reference price based on a specific hourly candle to initiate buy and sell grids. It manages risk using volume-weighted basket targets for take profit and stop loss. The EA employs aggressive lot
Axole is a MetaTrader 5 expert advisor that implements a classic moving average crossover strategy. It operates specifically on the one-minute timeframe, identifying trends when a fast simple moving average crosses over a slow simple moving average. The robot restricts trading to one open position per symbol at a time
Kaybambodlabfx SMC is a MetaTrader 5 expert advisor that executes trades based on market regime classification and Smart Money Concepts (SMC). The system employs a multi-timeframe approach, scanning structures from the daily chart down to one-minute intervals to establish a master bias. It uses ADX, ATR, and swing poin
This MetaTrader 5 expert advisor utilizes the Average True Range (ATR) indicator to identify trade entries based on market volatility. It functions as an automated robot that places orders using levels derived from ATR calculations. Risk management is handled through fixed stop loss and take profit settings defined in
This MetaTrader 5 expert advisor automates market structure analysis based on Smart Money Concepts. It identifies key technical events including Change of Character, Break of Structure, and Inducements across two synchronized timeframes. The tool maps Point of Interest zones, distinguishing between extreme and decision
EddyTrader is a risk management tool for MetaTrader 5 designed to enforce trading discipline through account-wide loss limits. It monitors the total financial performance of the account regardless of the symbol or strategy. Once a user-defined maximum loss is reached, the expert advisor automatically closes all open po
This MetaTrader 5 expert advisor acts as a quantitative trading assistant and order manager. It features a comprehensive graphical interface with tabs for trade operations, account monitoring, and position tracking. The system utilizes a predefined twenty-level lot sizing progression, which is typically used for recove
Orva MT5 Bridge is a data integration tool for MetaTrader 5 that streams market and account information to external backends. It captures broker-native ticks, candle data, account balances, symbol specifications, and current open positions, converting them into versioned JSON messages. Data is delivered using either HT
This MetaTrader 5 expert advisor implements the Daily Sweep strategy, focusing on Swing Failure Patterns. It monitors high-timeframe liquidity levels and executes trades on lower timeframes when price sweeps these zones. The robot manages entries during defined session hours, such as the New York session, and exits bas
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
This MetaTrader 5 expert advisor automates trade entries based on price action and Smart Money Concepts. It monitors for liquidity sweeps followed by market structure shifts and retests of Fair Value Gaps or Order Blocks. The system manages risk using fixed risk-to-reward ratios, stop loss buffers, and time-based exits
Moon HFT Pro is a MetaTrader 5 expert advisor that executes trades on the one-minute timeframe using analysis from five-minute and fifteen-minute charts. It identifies entries through a combination of Smart Money Concepts, market structure, and technical indicators including Moving Averages, RSI, and MACD. The system c
HFT Grid AI is a MetaTrader 5 Expert Advisor foundation built for high-frequency trading and grid-based strategies. It employs a broker-aware execution model that validates trade plans against local simulations before sending orders to the market. Key features include stochastic market structure analysis, session-based
This MetaTrader 5 expert advisor provides a manual backtesting environment by simulating the bar replay feature popular on web-based charting platforms. It functions by creating a custom symbol and loading historical data, allowing the user to progress through the chart candle by candle. The tool supports virtual trade
This MetaTrader 5 expert advisor executes trades based on a time-restricted strategy combined with moving averages and Fibonacci levels. It operates within a specific daily window, opening positions between a defined start and end time and automatically closing them at a designated hour. The system utilizes 21-period s
MQT Microstructure Analysis is a comprehensive header-only framework for MetaTrader 5 designed to process high-frequency market data. It transforms raw tick, quote, and Depth of Market events into structured measurements for order flow, liquidity depth, and price impact. The system includes specialized modules for calc
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
Quick Risk Executor is a utility for MetaTrader 5 designed to streamline trade entry by automating lot size calculations based on user-defined risk in currency. The user sets a fixed dollar amount to risk per trade and identifies a stop loss level directly on the chart using an interactive line. The expert advisor calc
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 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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