This repository contains a collection of Expert Advisors for MetaTrader 4, featuring the Combined Ergodic SSL Channel EA and a MACD-based strategy. The primary EA uses trend-following indicators for entries and provides various order management options, including trailing stops, break-even settings, and position accumu
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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
Trading robot 166Trade managerRisk & protection 1News tradingCopier & bridge 1Framework & template 17Collection 123Utility 4
Strategy
EMA H4 Crossover is an automated trading robot for MetaTrader 4 designed to execute trades based on moving average crossovers. The strategy utilizes two Exponential Moving Averages with configurable periods, specifically targeting the H4 timeframe for trend identification. It initiates long entries on golden crosses an
This MetaTrader 5 expert advisor automates trading by analyzing market conditions through multiple technical indicators, including Stochastic, RSI, MACD, and dual Moving Averages. It employs an object-oriented approach to identify entry points based on indicator crossovers and trend momentum. Risk management is handled
This MetaTrader 5 expert advisor collection provides a series of educational scripts for automated trading. The primary robot executes trades based on the relationship between the last market price and a Simple Moving Average. It initiates a buy order when the price is above the average and a sell order when below, pro
Analise Do Grafico IQ is a MetaTrader 4 expert advisor that automates trading based on technical indicator signals. The robot utilizes the Moving Average Convergence Divergence (MACD) indicator to identify momentum shifts and an Exponential Moving Average (EMA) to filter for the prevailing trend. It opens buy and sell
This collection of MetaTrader 4 expert advisors serves as a practice environment for MQL4 development. The scripts primarily focus on moving average crossover logic, utilizing 50-period Simple Moving Average and 15-period Exponential Moving Average indicators. Additionally, the code implements swing high and low detect
This MetaTrader 5 expert advisor serves as a template and demonstration for automated trading systems. It implements a basic moving average crossover strategy using two configurable periods to determine market entries. The code is structured around a custom trading class that provides utility functions for analyzing hi
Portuguese is a MetaTrader 5 expert advisor designed as a trend-following robot utilizing multiple moving average indicators. It employs five distinct moving average periods and shifts to identify trade signals. The system manages positions through a comprehensive set of risk controls including fixed stop loss and take
This repository contains a collection of MetaTrader 5 expert advisors built using the standard MQL5 class library framework. The featured implementation, Expert MAPSAR Size Optimized, utilizes Moving Average crossover signals for entries and a Parabolic SAR trailing stop for trade management. It incorporates a lot sizi
This MetaTrader 5 expert advisor is a development project for testing technical indicator strategies. It uses a combination of moving average crossovers and MACD signals to identify market entries. The EA includes time-based filters allowing users to specify exact opening and closing hours for daily trading sessions. R
This repository is a collection of MetaTrader 5 expert advisors featuring various technical trading strategies. It includes individual robots based on moving average crossovers, MACD, Bollinger Bands, and linear regression models. Each EA is equipped with risk control parameters such as fixed stop losses, take profit l
Falcon B is a MetaTrader 4 robot developed for the Lazy Trading Project, designed to integrate with external decision support systems. It uses a combination of moving average crossovers and Keltner Channels to identify trade entries. The system includes robust risk management features, allowing for fixed or volatility-
This MetaTrader 4 expert advisor executes a classic moving average crossover strategy. It monitors two Simple Moving Averages with customizable periods to identify trend shifts. When the fast average crosses above the slow average, the robot initiates a buy order; a crossover below triggers a sell order. The system res
This MetaTrader 5 expert advisor monitors price action using a combination of Exponential Moving Averages and the Stochastic oscillator. It identifies potential market entries based on crossover logic and momentum. The system is designed to send real-time trade alerts to a configured Telegram channel, providing details
Algo 01 is a MetaTrader 4 expert advisor that executes trades based on moving average crossover signals. It references an external custom indicator path for signal generation and allows users to define fast and slow moving average periods for its logic. The robot includes risk management features such as percentage-bas
Robo Trade MQL5 is an automated trading robot for MetaTrader 5 that implements technical analysis setups based on moving average indicators. It specifically targets the 9.1 and 9.2 setups, utilizing 9-period and 21-period moving averages to identify entry points. The EA features fixed lot sizing and a mandatory daily e
This MetaTrader 5 expert advisor executes trades based on the Commodity Channel Index (CCI) Arrows indicator. Developed as part of the EA31337 framework, the robot identifies market entries through CCI-derived signals. It supports multi-timeframe operations, allowing users to activate specific intervals from M1 to H4 a
This MetaTrader 5 expert advisor, developed as a university project, executes trades based on technical indicators including Average Directional Index (ADX) and Moving Averages. The system features risk management controls such as fixed stop loss and take profit levels, which are automatically scaled for five-digit pri
This MetaTrader 5 repository provides a collection of Expert Advisors based on the educational material from Andrew Young. It includes several distinct strategies such as RSI and Bollinger Band counter-trend systems, moving average crossovers, and breakout trading with pending orders. Each EA includes standard risk man
This collection of MetaTrader 4 scripts and experts features an automated trading robot based on the MACD indicator. It identifies entry points using MACD signal line crossovers filtered by an Exponential Moving Average to determine trend direction. The system includes built-in risk controls such as fixed lot sizing, t
This MetaTrader 4 expert advisor executes trades based on the crossover of two moving average indicators. It initiates buy positions when the fast moving average crosses above the slow moving average, provided both indicators are trending upward, and opens sell positions on downward crossovers. The robot manages exits
This repository is a collection of MetaTrader 5 expert advisors and scripts designed for educational purposes. It contains several standalone trading tools, including simple Bollinger Band strategies, trailing stop managers, and limit order placement utilities. The primary example uses a grid-based approach, populating
This repository provides a collection of Expert Advisors for MetaTrader 5, primarily focused on technical indicator strategies and algorithmic trading examples. The main file utilizes a Moving Average signal combined with a Parabolic SAR trailing stop for automated trade management. It includes a lot-sizing module that
This repository contains a collection of MetaTrader 5 expert advisors developed for educational purposes and study. The primary robot, Cruzamento Media EA, utilizes a moving average crossover strategy with configurable short and long periods. It incorporates essential risk management tools, including fixed stop loss, t
This repository provides a collection of MetaTrader 5 expert advisors, including standard MetaQuotes examples and specialized indicator-based bots. The expert advisors utilize technical analysis tools like MACD, Moving Averages, and Parabolic SAR to automate market entries. Risk management is handled through user-defin
This repository serves as a collection of MetaTrader 5 expert advisors and educational scripts. It includes a variety of automated trading systems based on common technical indicators such as Moving Averages, RSI, and Stochastics. The collection features specific strategies including Bill Williams techniques and trend-
This MetaTrader 4 expert advisor executes trades based on Exponential Moving Average conditions across multiple timeframes. Originally designed as a crossover strategy, it incorporates a dynamic stop loss mechanism that adjusts based on price distance from the entry point. The robot features built-in risk controls, inc
This MetaTrader 4 repository contains a collection of expert advisors, including implementations of the standard MACD Sample and Moving Average strategies. The primary MACD robot enters trades based on MACD signal line crossovers filtered by an exponential moving average trend component. Risk management is handled thro
This repository contains a large collection of over 300 MetaTrader 4 expert advisors and scripts, including standard MetaQuotes samples and custom experimental tools. The primary file, Algo Prueba, utilizes the Relative Vigor Index (RVI) to determine market entries and exits. It features basic trade management by filte
Laguna EA is an automated trading robot for MetaTrader 5 that utilizes the Average Directional Index and Exponential Moving Averages to identify market trends. It filters entries by requiring a minimum ADX value to ensure sufficient trend strength before executing trades. The system manages risk with fixed lot sizing a
This collection of MetaTrader 4 expert advisors serves as a practice repository for automated trading scripts. It features several distinct strategies, including moving average crossovers, Bollinger Band mean-reversion, and RSI-based entries. A core component of the repository is a martingale-style system that layers o
This MetaTrader 4 expert advisor executes trades based on the MACD indicator and uses a Moving Average filter to determine the prevailing trend. It features a dynamic lot sizing algorithm that adjusts risk percentages according to account balance tiers. While the documentation focuses on MACD signals for H1 charts, the
This MetaTrader 5 repository contains a collection of experimental expert advisors focused on trend-following and crossover logic. The primary codebase utilizes the Average Directional Index (ADX) to gauge trend strength and Moving Average crossovers to determine trade entries. The included tools feature hardcoded stop
MACD MA Cross is a MetaTrader 4 expert advisor that automates entries based on the alignment of MACD signals and Moving Average crossovers. The strategy triggers trades when indicators confirm a trend, using Linear Weighted Moving Averages (LWMA) for direction. The EA features an unconventional exit strategy where posi
This collection for MetaTrader 4 and 5 includes various expert advisors exploring fuzzy logic and standard technical indicators. The primary logic demonstrated in the source files utilizes Simple Moving Averages to identify trend direction and price positioning. It features standard risk controls including fixed lot si
This MetaTrader 4 expert advisor collection features a robot based on Stochastic oscillator crossovers. It monitors the M15 timeframe to identify shifts in momentum, entering trades when the fast indicator line crosses the slow line. The system automatically manages exits by closing opposing positions before opening ne
This Expert Advisor for MetaTrader 5 implements a trend-following strategy based on four moving averages. It determines market direction to trigger buy or sell entries during specified trading hours. The robot features time-restricted operations, allowing trade execution only between set start and end times. Risk manag
This MetaTrader 4 expert advisor executes trades based on the crossover of two Simple Moving Averages. It identifies trend shifts by comparing the relationship between a fast and a slow moving average over the two most recent bars. The robot enters a buy position and closes existing sell trades when the fast MA crosses
This MetaTrader 4 collection contains several expert advisors designed around technical indicators and custom peak-detection modules. The main logic integrates Relative Strength Index, Parabolic SAR, and Relative Volatility to identify trade opportunities. It manages risk through automated stop losses based on SAR step
This collection for MetaTrader 4 provides a set of expert advisors designed for testing technical indicator logic and trade management. The primary EA, Optimal Close, integrates Bollinger Bands and Stochastic oscillators to analyze market conditions across multiple timeframes. It features a built-in trailing stop mecha
A collection of MetaTrader 4 expert advisors centered around trend-following strategies using standard technical indicators. The primary logic utilizes MACD signal line crossovers filtered by moving average trends to identify entry points. Risk management is handled through fixed lot sizing, predefined take profit leve
This repository provides a specialized framework and example expert advisors for developing Renko-based trading systems on the MetaTrader 5 platform. It includes a dedicated MQL5 header library that simplifies integration with the Median Renko indicator bundle. The framework handles the acquisition of chart settings au
This repository provides a collection of expert advisors for the MetaTrader 5 platform, primarily utilizing the standard MQL5 library components. The main expert advisor, ExpertMAPSARSizeOptimized, generates trade entries based on Moving Average crossovers and manages exits using a Parabolic SAR trailing stop. It inclu
This repository is a collection of expert advisors for MetaTrader 4, primarily focusing on moving average crossover strategies. The core EA, Lewis Double MA, identifies golden cross and death cross signals to enter trades. It includes logic to manage positions via individual or total profit targets and implements an or
This MetaTrader 4 repository contains a collection of basic expert advisors designed around standard technical indicators. It includes automated strategies for MACD crossovers, moving average crossovers, and mean-reversion setups using Bollinger Bands, RSI, and Stochastic oscillators. Each individual robot executes tra
This MetaTrader 4 expert advisor serves as a development prototype based on standard technical indicators. It utilizes a combination of MACD signal line crossovers and Bollinger Band price interactions to automate trade entries. The robot initiates buy orders when the MACD main line is above the signal and price recove
Boss Logic is an automated trading robot for MetaTrader 4 that utilizes a combination of the Zigzag indicator, MACD, and Turtle Trading Channel logic. The EA monitors price pivots across various bar intervals to identify potential entry points based on trend exhaustion or reversals. Trade management includes standard t
BOP is a collection of Expert Advisors for MetaTrader 4 specifically designed for backtesting binary options strategies. The repository provides several robots based on technical indicators like the Stochastic Oscillator and the Relative Strength Index. These tools identify entry signals when indicator values cross def
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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