This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 73Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 5Collection 48Utility 2
Strategy
This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
This MetaTrader 4 template provides a modular framework for developing expert advisors. It organizes trading logic into decoupled components including signal engines, order management, and environment checking. The system uses an abstract controller class to handle data processing from multiple sources, such as MACD or
NNFX Backtest C1 is a specialized utility for MetaTrader 4 designed to evaluate external confirmation indicators using the No Nonsense Forex methodology. It enables users to backtest custom indicators by defining signal logic such as two-line crossovers, zero-line crosses, or histogram changes. The system manages risk
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
Parallel Strategies is a MetaTrader 4 expert advisor designed to execute multiple independent technical strategies simultaneously. It includes modules for Moving Average crossovers, MACD breakouts, Heiken Ashi signals, and a hybrid Heiken-MACD system. Each strategy operates with a unique magic number to allow concurren
Adeline is a MetaTrader 4 expert advisor that executes trades based on a dual moving average crossover strategy. It monitors the 10-period and 40-period Simple Moving Averages, entering long or short positions when the fast line crosses the slow line. The robot manages exits using opposite signal crossovers, a fixed st
This repository contains a collection of MetaTrader 4 expert advisors developed for MQL4 programming tutorials. It includes various trading strategies ranging from simple moving average crossovers to complex martingale and grid systems. The provided examples demonstrate order layering with configurable lot multipliers,
The Falcon is a MetaTrader 4 expert advisor designed for automated trading using a combination of moving averages and Keltner Channels. It utilizes trend-following logic for entries and incorporates advanced position sizing features, including percentage-based risk, adaptive volatility sizing, and margin-per-lot constr
This collection of MetaTrader 4 expert advisors focuses on technical analysis strategies such as moving average crossovers and chart patterns. The primary EA utilizes dual moving averages alongside fractal detection to identify entry points based on price momentum. It incorporates risk management tools including hard s
This repository contains a collection of MetaTrader 4 expert advisors focusing on technical analysis and pattern recognition. The included tools range from robots utilizing Volume Spread Analysis (VSA) and fractal-based trend detection to indicators like NeuroMACD and ACD patterns. The primary EA uses ZigZag and fracta
This collection for MetaTrader 4 offers a variety of specialized utilities and signal indicators to streamline trading workflows. It features a Renko generator for creating custom offline price charts with fixed or ATR-based box sizes. Additional components include an Ichimoku-based signal generator, a tool for identif
Belinda EA is an automated trading robot for MetaTrader 4 that implements a trend-following strategy based on moving average crossovers. It enters long or short positions when a short-term simple moving average crosses a long-term moving average, provided a volatility filter is met. This filter compares the current Ave
This collection for MetaTrader 4 and 5 provides educational examples of calculating lot sizes or stop loss levels based on account equity risk. It uses a moving average crossover strategy to enter trades, triggering orders when short-term and long-term averages intersect. The expert advisor includes logic to calculate
This expert advisor for MetaTrader 4 and 5 serves as a tutorial for implementing cooling-off periods between trade executions. It triggers entries based on a standard moving average crossover using configurable fast and slow periods. Users can restrict trade frequency by setting a minimum number of bars or minutes that
AE Expert Curious is a collection of MetaTrader 4 expert advisors based on the Raghee Horner trend-following methodology. It utilizes specific Exponential Moving Average crossovers, including the 13, 21, 34, and 55-period lines, to determine market direction and momentum. The strategy incorporates several technical fil
This automated expert advisor for MetaTrader 4 executes trades based on moving average crossovers and trend-following logic. It incorporates the Chandelier Exit method, utilizing the Average True Range and price extremes to determine market direction. Risk management is handled through user-defined stop loss and take p
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 for MetaTrader 4 and MetaTrader 5 implements a trend-following strategy based on moving average crossovers. It triggers trades when a fast moving average crosses a slow moving average, utilizing new bar detection to filter out market noise. The system manages open positions using fixed stop loss and
This MetaTrader 4 expert advisor implements a trend-following strategy based on three exponential moving averages and the Stochastic oscillator. It identifies trade opportunities when two shorter-period EMAs sequentially cross a longer-period EMA. Positions are managed with fixed stop loss and take profit levels, with
This MetaTrader 4 expert advisor provides a framework for trading dual moving average crossovers. It offers automated trade execution with a strong focus on risk management, including lot sizing calculated from a user-defined percentage of account equity. The system manages exits through either fixed pip values or vola
This repository contains a collection of MetaTrader 4 expert advisors developed for educational purposes and backtesting practice. It features several distinct trading strategies, including moving average crossovers, stochastic counter-trend setups, and pending order breakouts. The included scripts demonstrate essentia
This repository provides a collection of MetaTrader 4 expert advisors, primarily focused on a manual trading dashboard and an indicator-based robot. The included dashboard enables manual execution with automated trade management features such as hidden virtual stop loss and take profit levels, profit locking, and multi
This MetaTrader 4 expert advisor collection serves as a structured framework for building automated trading strategies. The included examples demonstrate how to implement indicator-based entries using the iCustom function, such as MACD and Parabolic SAR crossovers. It manages trades with basic risk controls including f
This MetaTrader 4 collection provides several scripts designed to analyze price action and candlestick patterns. It includes modules for moving average crossovers, Bollinger Bands, and a specialized candlestick analysis tool. The software identifies specific formations such as hammers, dojis, and engulfing candles by c
This repository provides a collection of MetaTrader 4 utilities and expert advisors focused on technical signaling and market monitoring. The primary EA identifies exponential moving average crossovers, triggering terminal alerts when a fast EMA crosses a slow EMA on the completion of a candle. The collection includes
This collection provides a suite of trade management and execution assistants for MetaTrader 4 and MetaTrader 5. Designed to support manual trading, these utilities facilitate automatic position sizing and order placement via on-chart buttons rather than autonomous algorithmic decision-making. The repository includes s
This MetaTrader 4 expert advisor executes trades based on the crossover of two smoothed moving averages. It monitors direction changes between a fast and slow period to trigger market entries. Risk management is handled through fixed stop loss and take profit parameters, along with a break-even function that secures po
Falcon EA Template is an automated trading robot for MetaTrader 4 that utilizes dual moving averages and Keltner Channels to determine market entries. The system prioritizes risk management through percentage-based position sizing and various exit strategies. It features fixed and volatility-based stop loss and take pr
This repository contains a collection of expert advisors for the MetaTrader 4 platform. The primary strategy, BearishEngulfing, utilizes price action to identify specific candlestick patterns for executing sell orders. It includes essential risk management parameters such as fixed lot sizing, stop loss, take profit, an
Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba
Falcon B is an automated trading robot for MetaTrader 4 that utilizes moving average crossovers and Keltner Channels for market entries. It is specifically designed to function within a larger framework, integrating with R-based decision support software through CSV command files. The EA provides robust risk management
This MetaTrader 4 expert advisor automates trading using Stochastic Oscillator signals. It allows for the confluence of up to three separate Stochastic indicators, potentially across different timeframes, to determine entry points. Trades are triggered by line crossovers or when the indicator reaches user-defined overb
This MetaTrader 4 expert advisor executes trades based on three selectable technical indicators: Moving Averages, the Alligator indicator, or a custom channel strategy referred to as Rasim Line. It identifies trends and price levels to enter positions automatically. The EA manages risk through user-defined stop loss an
This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr
Trading Robot is an automated expert advisor for MetaTrader 4 that utilizes a multi-strategy approach based on classical technical indicators. It executes trades using distinct logic paths for buy and sell positions, incorporating Moving Averages, RSI, MACD, Ichimoku Kinko Hyo, and Fractals. The EA monitors price volat
Mousse Pips is a MetaTrader 4 expert advisor that implements a trend-following strategy based on exponential moving average crossovers. The robot identifies entries and exits by comparing fast and slow moving average periods. It incorporates automated risk management by calculating lot sizes as a percentage of free mar
This MetaTrader 4 expert advisor and modular framework provides advanced trade management and position scaling capabilities. It features a linear trailing stop that triggers at a predefined profit level and a pyramiding system to add positions to winning trades using a lot multiplier. The code is structured as a librar
SoftArsenal is a collection of MetaTrader 4 expert advisors and development tools. The repository features a custom expert advisor named Aberration, which utilizes Bollinger Bands to identify market breakouts. It places pending buy and sell stop orders at the outer bands and dynamically adjusts stop loss levels to the
This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili
Framework4o is a modular system building framework and expert advisor for MetaTrader 4. It provides a structured environment for developing trading models with pre-defined modules for position and risk management. The core functionality handles entry and exit logic using indicators like DEMA, EMA, and RSI. It includes
This MetaTrader 4 collection provides several expert advisors designed to automate trade entry with integrated risk controls. The tools calculate lot sizes based on a user-defined percentage of account capital, ensuring consistent exposure. Users can configure the trade direction, expected duration, and risk-to-reward
This MetaTrader 4 expert advisor utilizes technical indicators to execute trades based on trend and momentum. The logic employs two simple moving averages (15 and 50 periods) alongside the Relative Strength Index to identify entries. It seeks buy or sell opportunities when moving averages crossover, provided the RSI co
This MetaTrader 4 expert advisor automates trading based on the crossover of two Simple Moving Averages. The robot enters a buy position when the short-term moving average crosses above the long-term moving average and a sell position when it crosses below. It manages exits by monitoring for reverse signals to close ac
This MetaTrader 4 expert advisor implements a trend-following strategy using exponential moving average crossovers. It automates trade entries when momentum shifts and manages exits based on a user-defined reward-to-risk ratio. The system features a dynamic position sizing algorithm to adjust lot sizes relative to acco
This MetaTrader 4 expert advisor executes trades based on the Ichimoku Kinko Hyo indicator. It incorporates four distinct trading methods: the Ideal Strategy, Tenkan-Kijun-Chikou crossing, Kumo breakout, and Chikou Span crossing. The robot manages risk through fixed stop loss and take profit levels, a maximum trade lim
This MetaTrader 4 repository contains a collection of Expert Advisors and a core module for order management. It includes standard trading strategies based on Moving Average and MACD crossovers. The main module provides logic for calculating open and historical trade metrics, tracking total profit and loss across speci
Mql Trading Signals is a collection of expert advisors for MetaTrader 4 and 5 designed for automated trading and signal notification. The repository contains various strategy iterations, primarily utilizing Simple Moving Average (SMA) crossovers to identify trends. The main experts include logic for sending trade detai
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 hour, 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 hour. 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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