This MetaTrader 4 repository contains a collection of expert advisors, primarily focused on an Ichimoku-based strategy with neural network capabilities. The main EA utilizes an external API for AI-driven signals and incorporates risk controls such as Martingale lot scaling, trailing stops, and spread filters. It suppor
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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 9Trade managerRisk & protectionNews tradingCopier & bridge 2Framework & templateCollection 3Utility 2
Strategy
Trend following 5BreakoutScalpingGrid 1Martingale 1HedgingMean reversion 1SMC / ICT / price actionIndicator crossover 3ArbitrageAI / machine learningNewsMulti-strategy 1
Falcon F2 is an expert advisor for MetaTrader 4 that implements model-based trading by interpreting external signals. The robot acts as an execution interface for predictions generated outside the platform, such as those from R-based models or a Decision Support Centre. It enters trades when predicted price changes exc
This tool provides an interface between MetaTrader 4 or 5 and an external AI-powered analysis server. It allows users to request market evaluations from over thirty-four different AI models through a custom Node.js API bridge. The provided example expert advisor visualizes analysis results—including market trend, trade
This Expert Advisor for MetaTrader 4 utilizes automated trading logic reportedly assisted by AI models like GPT-4o and ATNet. It executes trades based on market analysis and includes built-in risk controls such as dynamic lot sizing, trailing stops, and a time filter to restrict activity to specific hours. The system a
DMRI Master Extractor is a data harvesting tool for MetaTrader 4 designed to facilitate machine learning model training. It functions as a feature extractor, exporting prices and technical indicator values into CSV format for external analysis. The system supports 33 standard indicators, including RSI, MACD, and Bollin
This MetaTrader 4 repository contains a collection of experts and tools focused on technical indicators and machine learning. It features an implementation of Alexander Elder's Triple Screen strategy using Exponential Moving Averages and MACD to filter trends and entries. Additionally, the collection includes a machine
This expert advisor acts as a communication bridge between MetaTrader 4 or 5 and external Python applications. Based on the Darwinex Labs server framework, it uses text files to exchange market data and trade commands, allowing users to implement machine learning models or reinforcement learning strategies. It includes
MetaTrader Predictor is an expert advisor for MetaTrader 4 designed to interface with an external web service for market analysis and trade execution. The EA functions as a data bridge, using WebRequest to transmit candle data including Open, High, Low, and Close prices from multiple timeframes to a specified host. It
Falcon C is a MetaTrader 4 expert advisor that implements a rule-based strategy using moving average crossovers and Keltner Channels. It relies on an external deep learning framework built in R to categorize current market regimes, such as normal or volatile bull and bear phases. Based on these categories, the robot sw
This expert advisor serves as a bridge between MetaTrader 4 and external applications using the ZeroMQ messaging protocol. It allows external programs to communicate with the terminal over TCP sockets to send trading commands or retrieve market data. The EA functions as a server, hosting REP and PUSH sockets to handle
This expert advisor integrates MetaTrader 4 and 5 with external deep learning models using socket communication. It captures chart screenshots and price data to send to an external server, where models like Random Forest or Generative Adversarial Imitation Learning process the visual information. The EA then receives a
This MetaTrader 4 expert advisor implements a momentum-based trading strategy combined with reinforcement learning components. The robot enters buy positions when the current price exceeds the previous close and sell positions when it falls below, while simultaneously closing any opposing orders. It features a visual o
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
This MetaTrader 4 expert advisor uses a simple perceptron neural network to identify market entry and exit points. The system evaluates price action through four adjustable weight parameters to generate signals and includes a reversal mechanism for active positions. Risk management is handled through a fixed stop loss
This repository provides a collection of expert advisors for MetaTrader 4 and MetaTrader 5. The primary MetaTrader 5 file implements Mamdani fuzzy logic, processing three Relative Strength Index (RSI) inputs to determine market entries. The collection also includes several MetaTrader 4 experts focused on grid-based mon
Falcon F is an automated trading system for MetaTrader 4 that utilizes supervised deep learning and an external Decision Support Centre powered by R to identify market inefficiencies. It analyzes indicator patterns across M1, M15, and H1 timeframes to predict price changes and trade direction up to 100 hours ahead. The
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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