MT4
MT5 
This repository contains the MQL source code used by Forex Strategy Builder Professional to export automated trading strategies to MetaTrader 4 and MetaTrader 5. It serves as a standardized template for executing technical strategies generated by the software, handling order execution and trade management. The EA inclu
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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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Trading robot 9Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 18Utility 1
Strategy
Timeframe
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
This repository features a vast collection of over 1,100 open-source Expert Advisors for the MetaTrader 4 platform. It serves as an educational library containing diverse trading strategies, including trend following, breakout, scalping, and mean-reversion systems. The collection explicitly includes high-risk methodolo
This MetaTrader 4 repository provides a collection of expert advisors and technical utilities built on a custom framework. The primary trading systems, such as New Golden EA, utilize trend-based logic across multiple timeframes including H4, H1, and M15. These robots implement a multi-stage trailing stop mechanism that
This repository is a large collection of over 2,400 MetaTrader 4 and 5 files, including expert advisors, utilities, and indicators. It includes a trade copier client that synchronizes positions via socket libraries. The systems manage trades through sophisticated risk controls like equity-based trailing stops, cycle-pe
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 repository contains a collection of MetaTrader 4 and 5 expert advisors primarily focused on grid and martingale trading strategies. The included robots utilize multiplier-based lot scaling, geometric progression, and fixed-distance grid layering to manage positions. The suite features specialized dashboards for mo
A diverse collection of MetaTrader 4 and MetaTrader 5 resources developed by Yousuf Mesalm. The repository features various utilities including interactive trading panels, multi-strategy dashboards, and automated expert advisors. These tools provide manual trade management options like partial closing and automated exe
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
This repository is an extensive collection of MetaTrader 4 expert advisors and source code components written in MQL4. It includes over 70 files featuring diverse trading strategies such as Sanity TREND for trend following and various robots utilizing divergence-based entries. A significant portion of the code is based
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
Hosopi operates as an automated trading robot for the MetaTrader 4 and MetaTrader 5 platforms. It utilizes a modular architecture to handle trade execution and account protection, incorporating indicator-based entry logic and volatility filtering. The software includes a Funds Guard to prevent orders during insufficien
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
This MetaTrader 4 repository serves as a research and development environment for MQL4 algorithmic trading. It includes multiple experimental files focusing on pivot point identification and volume-based price analysis. The code explores custom data structures for price action and seeks to implement specific strategies
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 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
Hosopi3 Tanpoji is a single-position trading robot for MetaTrader 4 and MetaTrader 5, specifically developed to avoid martingale and averaging techniques. It triggers entries using various built-in technical indicators such as Moving Averages, RSI, Bollinger Bands, and Stochastics, or through external custom indicator
This rule-based automated trading system for MetaTrader 4 utilizes several modular logic components to identify market entries and exits. It includes integrated modules for MACD, Moving Averages, and proprietary CyberiaLogic and MoneyTrain algorithms. The EA provides flexible risk controls including automated lot sizin
This repository provides a comprehensive collection of over 150 Expert Advisors and automated tools for the MetaTrader 4 platform. The included software covers a broad spectrum of trading methodologies, ranging from trend-based systems utilizing the ZigZag indicator to aggressive martingale and piramidation strategies.
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 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 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
Discretion Algo is a collection of MetaTrader 4 experts designed for automated trading based on technical price action patterns. The repository provides distinct modules for identifying liquidity sweeps and engulfing candle formations. The system employs multi-timeframe analysis, by default analyzing price data across
This collection of MetaTrader 4 and 5 expert advisors provides various utilities for trade management and entry automation. The primary tool, Multi TP, monitors specific order tickets to execute partial closes and modify stop losses when price targets are hit. Additional scripts automate entries based on price action p
HGSS Candle Bob is an automated trading system for MetaTrader 4 that identifies trade setups using candle sequences and external library signals. It evaluates market conditions via the HGI library to detect trends and ranges, allowing for both trend-following and pullback strategies. Risk management includes fixed lot
Multi Trader is a MetaTrader 4 tool designed to execute and manage a multi-position strategy through an on-chart dashboard. It allows traders to open up to three simultaneous orders with a unified stop loss but independent take profit targets and lot sizes. The expert advisor manages trade progression by adjusting stop
This MetaTrader 4 expert advisor is an educational tool developed for a technical webinar. It automates trading by combining signals from several technical indicators including Parabolic SAR, ZigZag, Fractals, and the Awesome Oscillator. The EA evaluates price direction and oscillator momentum to execute trades with de
Parallel Strategies is a multi-strategy expert advisor for MetaTrader 4 that executes four independent trading systems concurrently. These systems include moving average crossovers, MACD breakouts, Heiken Ashi signals, and a combined Heiken-MACD approach. Each strategy operates with its own magic number for distinct ma
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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