Trading Algo Builder is a MetaTrader 4 expert advisor designed to help traders construct automated strategies without manual coding. It features a modular system where users can combine up to four different indicator signals, supporting both built-in MetaTrader indicators and custom external files. Signal logic include
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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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This MetaTrader 5 utility synchronizes multiple chart windows to facilitate multi-timeframe or multi-symbol analysis. When a user triggers a specific keyboard shortcut, the tool captures the time coordinate of the mouse cursor and draws a vertical line across all open charts at that exact timestamp. It manages chart se
This MetaTrader 5 expert advisor automates trading strategies based on the Know Sure Thing (KST) momentum oscillator. It calculates weighted Rate of Change values across multiple internal periods, smoothed by simple moving averages, to identify trend reversals and overbought or oversold conditions. The robot offers sev
This MetaTrader 5 expert advisor automates trading based on trendline breakouts. It identifies market trends by calculating pivot highs and lows over a specific period. The slope of the trendlines is determined using Average True Range, standard deviation, or linear regression methods. The robot enters trades when pric
System 01 is an automated expert advisor for MetaTrader 5 that utilizes a trend-following strategy combining the Parabolic SAR and a Moving Average. The robot enters buy positions when the price is above both the Parabolic SAR and the Moving Average, while sell positions are initiated when the price falls below both in
Strawberry Strategy Tester is a MetaTrader 4 expert advisor designed for automated trading and strategy evaluation. It implements Bollinger Band-based entry logic and offers multiple lot sizing methods, including fixed lots, addition, and multiplication. The use of lot multiplication suggests the expert advisor utilize
MQL Basics Collection is an educational repository for MetaTrader 5, providing a wide array of scripts and expert advisors designed to teach the fundamentals of MQL5 programming. It includes over fifty files covering essential operations such as opening and closing positions, retrieving account information, and integra
This MetaTrader 4 expert advisor functions as a trade manager to automate the trailing of stop-loss levels for active positions. It monitors trades matching a specific magic number and symbol, activating only after the profit reaches a predefined pip threshold. Once triggered, the EA adjusts the stop-loss to maintain a
This repository contains a collection of MetaTrader 4 expert advisors and utilities focusing on technical indicator strategies. The core EA, MACROSS, initiates positions based on simple moving average crossovers and filters entries using the Relative Strength Index. It incorporates risk controls through ATR-based stop
This MetaTrader 5 expert advisor executes trades based on the Moving Average Convergence Divergence (MACD) indicator combined with dual exponential moving average trend filters. The robot enters positions when MACD reaches specific pip thresholds and uses 6-period and 20-period EMAs to confirm market direction. It feat
This expert advisor serves as a ZeroMQ bridge for MetaTrader 5, enabling communication between the trading platform and external applications such as Python. It is primarily designed to run within a containerized environment using Docker and Alpine Linux. The EA facilitates data streaming, historical price access, and
This MetaTrader 5 expert advisor implements a trend-following strategy based on moving average crossovers. It offers a comprehensive suite of trade management tools, including fixed tick-based stop loss and take profit levels, trailing stops, and break-even settings. Users can configure up to three partial exits to sca
This expert advisor acts as a server-side bridge for MetaTrader 4, allowing external programs written in Java or Python to control the platform. It utilizes the Windows API to establish communication through named pipes, enabling the execution of MQL4 functions within external environments. The EA is intended as a foun
Fantastic Garbanzo is an automated trading robot for MetaTrader 5 that utilizes the Relative Strength Index (RSI) to identify entry points. It operates by monitoring RSI levels against user-defined upper and lower boundaries, typically used for mean-reversion strategies. Risk management is handled through fixed lot siz
Passive Income is an automated trading robot for MetaTrader 5 that identifies entries using Moving Average crossover signals. The EA utilizes standard MQL5 library classes to execute trades and manage positions. Risk management is facilitated through a Parabolic SAR trailing stop, which dynamically adjusts the stop los
This MetaTrader 4 repository contains a collection of trading tools and expert advisors, primarily focused on the Darwinex ZeroMQ bridge. The main server component enables external communication between MetaTrader and other programming environments using push, pull, and publish sockets. The collection also includes sev
This MetaTrader 4 expert advisor implements a One-Cancels-the-Other (OCO) order management system, primarily developed for educational purposes. The robot automatically places pairs of pending buy stop and sell stop orders at a user-defined distance from the current market price once per bar. When the logic detects tha
This MetaTrader 4 utility serves as a visual aid for traders focusing on price action and candlestick patterns. It displays the current bid price and utilizes on-chart labels to highlight specific technical formations, such as Doji candles, helping users recognize market setups. The tool operates by creating graphical
This MetaTrader 4 expert advisor functions as a manual trading utility by providing a graphical interface on the chart. It allows users to execute buy and sell orders directly through on-screen buttons rather than using the standard terminal menus. The tool includes an editable text field for setting the lot size manua
This MetaTrader 4 expert advisor is designed to trade high-impact fundamental events such as NFP and CPI releases. It features a manual on-chart button that, when clicked, prepares logic for a price breakout. The EA tracks pending orders and is programmed to cancel the opposing side once a buy stop or sell stop is trig
Remote MetaTrader is a bridge for MetaTrader 4 that enables remote command execution through external applications, primarily Python. It functions by initializing a server within the platform using socket-based communication, supporting both request-reply and publish-subscribe architectures. The expert advisor facilita
Watchdog T is a monitoring utility for MetaTrader 4 designed to oversee the activity of other expert advisors. It functions by tracking a specific magic number across both open trades and account history. If no new trade activity, such as opening or closing a position, is detected within a user-defined time threshold,
Bear Treading is a MetaTrader 5 robot developed using the MQL5 standard library expert classes. It primarily executes trades based on Relative Strength Index (RSI) signals, incorporating Moving Average parameters for trend identification. The system employs traditional risk controls, including hard stop loss and take p
This MetaTrader 4 expert advisor serves as a communication bridge between the trading terminal and the Telegram messaging platform. It implements a trade observer to monitor real-time account changes, such as trade closures, and transmits notifications to a designated Telegram bot. The tool includes a custom bot class
This MetaTrader 5 expert advisor executes trades based on price interactions with Bollinger Bands. It identifies specific crossover events, such as price moving above the upper band or below the lower band, to trigger trade logic. The system monitors candle closes relative to these volatility bands and tracks individua
This utility for MetaTrader 5 enables communication between the trading platform and external systems using the MQTT protocol. It establishes a socket connection to a specified broker to publish messages and data to defined topics. The expert advisor handles packet construction manually, including headers and payload e
This repository contains a collection of MetaTrader 5 expert advisors built using the standard MQL5 library framework. The featured expert advisor, ExpertMAPSARSizeOptimized, generates trade signals based on a Moving Average and manages active positions using a Parabolic SAR trailing stop. It includes a money managemen
This MetaTrader 4 expert advisor functions as a communication bridge between the trading platform and a Node.js backend. It enables users to execute and manage market orders through external REST API endpoints, allowing for remote trade control via web applications. The software polls a configured server for trade inst
This repository provides a collection of MetaTrader 4 and MetaTrader 5 tools, centered around a local trade copying system. The primary expert advisors allow users to publish and subscribe to trade signals between terminal instances using file-based communication. The copier supports lot sizing via ratios or fixed valu
This MetaTrader 4 expert advisor acts as a trade manager designed to automate the protection of open positions. The utility monitors active orders and adjusts stop loss levels to a break-even point or manages take profit targets based on logic contained within its internal class. It operates using both tick events and
This expert advisor for MetaTrader 4 functions as a communication bridge between the trading terminal and an external application via WebSockets. It utilizes the JAson library to handle JSON data and a specialized socket library to maintain a connection with a server. The tool reads local configuration files to manage
This expert advisor for MetaTrader 4 is a multi-strategy robot focused on the recovery zone management technique. It offers a wide array of entry signals, including RSI, MACD, Bollinger Bands, and mean-reversion models. When initial trades move into a loss, the system employs an averaging recovery strategy with lot mul
Signal Service Buddy is a signal provider utility for MetaTrader 4 that bridges trading activity to Telegram channels via a SQLite database. It acts as a monitoring tool rather than an execution robot, watching the account for new trades. Once a trade is detected, the EA logs entry prices, stop loss, and take profit le
This MetaTrader 5 expert advisor acts as a communication bridge between the terminal and external applications, specifically tailored for reinforcement learning and Python-based algorithmic trading. It exports real-time market data, bar history, and account information to local files while processing trade commands fro
Synergy Trade Copier is a trade duplication utility for MetaTrader 4 that mirrors orders from a source account to multiple receiver accounts on the same machine. It uses a file-based communication system to transfer trade data between export and import modules. Users can configure the tool to use fixed lot sizes or app
This expert advisor serves as a bridge connecting MetaTrader 4 to external applications via the ZeroMQ messaging protocol. It enables remote control of the trading terminal, allowing external systems to execute, modify, and close market or pending orders. The EA facilitates real-time data streaming of account balances,
This MetaTrader 4 expert advisor functions as a manual trading panel for execution and strategy testing. It creates an on-chart graphical user interface with buttons for opening buy and sell positions and fields for defining lot sizes, stop losses, and take profits. The utility provides quick management options to clos
This MetaTrader 4 expert advisor executes trades based on moving average trends and price action triggers. It identifies entries by counting consecutive candles on specific sides of the MA20 and validates the broader trend using an additional MA period. The system incorporates pattern recognition to detect market types
Vela Martillo is a MetaTrader 4 expert advisor that identifies hammer and shooting star candlestick patterns through price action analysis. It evaluates the ratio of candle wicks to the total range using a configurable spike percentage threshold. The robot monitors new bar formations to detect potential reversals and f
This MetaTrader 4 expert advisor acts as a technical bridge between the trading terminal and external web applications. It captures real-time market data, including bid and ask prices for the active symbol, and transmits this information to a user-defined server via HTTP POST requests in JSON format. The EA is designed
PyMQL5 is a bridge that connects Python 3 to MetaTrader 5 through a UDP socket communication layer. This expert advisor acts as a server within the MetaTrader 5 terminal, allowing external Python scripts to request market data, retrieve account information, and execute trading operations. It supports opening and closin
Icarus EA is a MetaTrader 4 robot that executes a grid trading strategy with lot size progression. It opens sequences of trades at fixed intervals and uses a multiplier to scale lot sizes, identifying it as a martingale-style system. Risk controls include an equity warning threshold, a maximum number of concurrent posi
This MetaTrader 4 expert advisor acts as a communication bridge using a socket-based architecture. It provides server and client examples to facilitate message exchange between the terminal and external applications. The tool supports basic command handling, such as retrieving current price quotes via telnet connection
This MetaTrader 5 expert advisor provides a foundation for automated trading using a multi-timeframe framework. It utilizes the Average True Range (ATR) indicator to determine dynamic stop loss levels and calculates take profit targets based on a predefined risk-to-reward ratio. The system includes built-in risk contro
This expert advisor for MetaTrader 5 automates trades based on the recognition of a specific three-bar candlestick formation. It looks for a small middle bar, termed a baby bar, flanked by larger outer bars to identify entry points. The system incorporates an Exponential Moving Average to filter trend direction and all
This MetaTrader 4 expert advisor implements a neural network approach to trade financial markets. It generates signals by processing Moving Average data through various activation functions, including Sigmoid, TanH, and ReLu. The EA provides standard risk management features such as fixed take profit, stop loss, and a
Aiden is a MetaTrader 5 expert advisor that utilizes a multi-indicator weighting system to determine market entries. It calculates trade signals by aggregating 'chances' from several technical indicators including ZigZag, Stochastic, Moving Average crossovers, Parabolic SAR, RSI, MACD, and Momentum. The EA manages risk
This repository is a collection of MetaTrader 4 expert advisors that focus on technical indicator signals. The primary EA combines four Moving Averages with Bollinger Bands to detect trend alignment and volatility conditions. It features dual-level stop loss and take profit settings, along with filters for Bollinger Ba
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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