This MetaTrader 5 expert advisor utilizes a modular architecture to automate trading using technical indicators. It generates entry signals by combining the Waddah Attar Explosion model with a Double Exponential Moving Average (DEMA) system. For risk management, the EA calculates stop loss levels based on Average True
Synced with GitHub · updated yesterday
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.
New EAs by RSS
Type
Trading robot 166Trade managerRisk & protection 1News tradingCopier & bridge 1Framework & template 17Collection 123Utility 4
Strategy
This MetaTrader 5 expert advisor identifies market entries using a moving average signal within the standard MQL5 framework. The robot evaluates price relative to a simple moving average, triggering trades when a specific threshold is met. Users can configure lot sizing as a fixed volume or a percentage of the account
This MetaTrader 5 expert advisor executes trades based on various moving average price indicators. It is built as a modular component for the EA31337 framework and supports multiple calculation methods, including simple, exponential, adaptive, and fractal moving averages. The robot allows users to enable or disable spe
BBMA Profit Seeker is a MetaTrader 4 expert advisor implementing a Bollinger Bands and Moving Average crossover strategy. It enters long positions when price rebounds from the lower band and closes above the moving average, while short entries occur after a rejection from the upper band. The robot manages exits dynamic
Average Scalper is a MetaTrader 4 expert advisor designed for trend-following strategies based on moving average levels and volatility ranges. It uses a 50-period Exponential Moving Average to determine market direction, initiating buy orders when the price is above the line and sell orders when below. Risk management
This MetaTrader 5 expert advisor implements a trend-following strategy based on price position relative to a moving average. It initiates buy orders when a candle closes above the moving average and sell orders when it closes below. Risk management is handled through several configurable parameters, including fixed tak
This MetaTrader 4 expert advisor implements a moving average crossover strategy for automated trading. It identifies entry points when price or technical indicators intersect and can exit positions when an opposite signal occurs. The EA provides trade management features, including traditional and virtual stop loss and
MA CrossFlow Trader is a trend-following expert advisor for MetaTrader 5 that executes trades based on the crossovers of multiple simple moving averages. The robot monitors several SMA periods, including the 10, 50, 100, 150, and 200, to identify trend shifts. It specifically enters buy or sell orders on the third cand
This Expert Advisor for MetaTrader 5 implements a trading strategy based on price candles crossing a Moving Average indicator. Built using the EA31337 framework, it monitors price action to detect when a candle closes across the indicator line to generate signals. The robot supports concurrent multi-timeframe analysis
Strategy Chaikin is a MetaTrader 5 expert advisor that automates trades using the Chaikin Oscillator (CHO) indicator. Developed using the EA31337 framework, the robot monitors market momentum and volume accumulation to identify potential entry and exit points. It supports multi-timeframe operations, allowing users to a
This MetaTrader 5 expert advisor implements a trend-following strategy by combining several technical indicators. It utilizes a 50-period Exponential Moving Average for trend direction, alongside the Relative Strength Index, MACD, and Average True Range for entry signals. The system includes a hardcoded risk management
This MetaTrader 5 repository contains a diverse collection of expert advisors and technical indicators, with a primary focus on signal-based trading bots. The featured CCI Four Arrows Strategy uses the Commodity Channel Index to identify entry points based on specific level breaches. It includes risk management feature
This MetaTrader 5 expert advisor is a development project that utilizes the MACD indicator and an Exponential Moving Average to execute trend-based trades. It enters positions when the price aligns with the EMA trend and a MACD crossover signal occurs. The EA automates risk management by calculating lot sizes based on
This MetaTrader 5 expert advisor is a developmental script designed to experiment with order information retrieval and basic trade execution. It calculates MACD indicator values for the M15 timeframe, though the current code version executes buy and sell orders simultaneously on every tick without conditional logic. Ri
This MetaTrader 5 collection features automated trading robots, primarily focusing on a time-based range breakout strategy. The included Time Ranger EA identifies high and low price levels during a specific intraday window and executes trades upon a breakout. It incorporates risk management through stop loss and take p
This collection for MetaTrader 5 features multiple expert advisors, including strategies based on pinbars, stochastic oscillators, and non-repainting reversals. The primary pinbar robot utilizes a triple moving average filter—slow, medium, and fast—to establish trend direction before execution. It incorporates essentia
This repository provides a collection of MetaTrader 5 expert advisors designed for various technical strategies. The scripts utilize multiple moving averages ranging from 7 to 200 periods and the Money Flow Index to identify trend and momentum market conditions. The collection includes specific modules for mean-reversi
This repository contains a collection of MetaTrader 5 expert advisors and scripts designed for learning and development. The included tools range from data visualization utilities like tick density heatmaps to trading strategies involving Bollinger Bands, Envelopes, and grid systems. It features management scripts for
This expert advisor for MetaTrader 5 identifies entry points using a combination of the Relative Strength Index and a Moving Average. The strategy monitors an upper RSI level and a specific Moving Average period across user-defined timeframes to determine trend or reversal signals. For risk management, the robot utiliz
This collection for MetaTrader 5 provides several automated trading robots, primarily focusing on the Trailing Break Even Parcial expert advisor. This specific strategy utilizes a combination of three Moving Averages and Ichimoku Kinko Hyo parameters to execute trades. The software includes robust trade management modu
This MetaTrader 5 expert advisor executes trades based on technical indicators, specifically moving average crossovers and the Relative Strength Index (RSI/IFR). It offers three operating modes: entries triggered by moving average crosses, entries based on RSI overbought or oversold levels, or a combined approach requi
This collection for MetaTrader 5 contains multiple expert advisors centered on moving average strategies. It includes a Golden Cross system that identifies bullish and bearish momentum through the crossover of fast and slow exponential moving averages. Additionally, the repository features a trend-based signal system t
This MetaTrader 5 expert advisor automates the Setup 9.1 trading strategy developed by Larry Williams. It utilizes an exponential moving average, typically the nine-period EMA, to enter trades based on trend direction and candle closures. The robot manages active positions through take-profit targets, break-even trigge
This MetaTrader 5 expert advisor executes trades based on a technical strategy combining dual Moving Averages, Bollinger Bands, and the Parabolic SAR indicator. It identifies entries using indicator confluence and provides built-in risk controls including fixed stop loss, take profit, and a trailing stop mechanism. The
This MetaTrader 5 expert advisor implements a trend-following strategy using the Average Directional Index and an Exponential Moving Average. It monitors trend strength through ADX values and executes entries based on the relationship between price and the moving average combined with directional indicator signals. The
Ichimoku Ultimate Scanner EA is a MetaTrader 5 robot designed to monitor multiple financial instruments using the Ichimoku Kinko Hyo indicator. It scans all symbols within the Market Watch window to detect specific technical conditions, including price breakouts from the Kumo cloud and Chikou span confirmations. The sy
This MetaTrader 4 expert advisor implements a classic dual moving average crossover strategy. It enters long positions when a fast simple moving average crosses above a slow moving average and short positions when it crosses below. The robot includes risk management features such as automated lot sizing based on accoun
This Expert Advisor for MetaTrader 5 implements a basic moving average crossover strategy. It utilizes two Simple Moving Averages, specifically a fast 10-period and a slow 100-period line, to identify potential trend changes. The code calculates values for the current and previous candles to determine when the fast lin
This MetaTrader 5 collection features automated implementations of trading strategies sourced from YouTube for the purpose of backtesting and verification. The repository includes multiple expert advisors, such as a MACD-based robot and an implementation of the 97 percent transparent trader strategy. These tools utiliz
This MetaTrader 5 expert advisor utilizes a combination of Envelopes, the Gator Oscillator, and Standard Deviation indicators to execute trades. It features comprehensive trade management including stop loss, take profit, and break-even functionality. The robot allows for position scaling through adding or reducing lot
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
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
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
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 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
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
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 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 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
Siren is a MetaTrader 4 expert advisor that automates trading based on technical indicators and multi-timeframe price levels. It utilizes the ZigZag indicator alongside multiple Exponential Moving Averages, including the 10, 20, 100, and 200 periods, to identify market trends. The EA monitors price action relative to p
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
This MetaTrader 4 expert advisor utilizes an Exponential Moving Average alignment strategy for short-term trading. It identifies trend direction by comparing several EMA periods, including 5, 8, and 13, to execute market entries. The robot features built-in risk controls, including hard stop loss and take profit settin
This repository provides a collection of standard template expert advisors for both MetaTrader 4 and MetaTrader 5. It includes the classic MACD Sample and Moving Average robots, which demonstrate indicator-based trading logic. The MACD Sample enters positions based on MACD signal levels filtered by a moving average tre
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers