This grid trading robot for MetaTrader 5 automates the placement of multiple limit orders within a user-defined price range. It populates the market with a configurable number of buy and sell limit orders between specified high and low boundaries. The expert advisor includes risk management features such as individual
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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 24Trade managerRisk & protectionNews tradingCopier & bridge 2Framework & template 4Collection 8Utility
Strategy
This repository provides a collection of MetaTrader 5 expert advisors featuring traditional technical indicators and advanced machine learning integrations. The library includes strategies based on Moving Average crossovers, MACD, and Bollinger Bands, alongside risk-heavy models like martingale and hedging systems. A c
This MetaTrader 5 Expert Advisor serves as the execution module for a three-part synchronization system connecting NinjaTrader to MT5. It functions as a trade copier and hedging manager, automatically opening positions based on signals received from a central Go-based bridge server. The EA includes specialized risk con
Hedge Terminal is a specialized framework for MetaTrader 5 designed to facilitate hedging net positions and provide a structured API for managing expert advisors. The repository includes demonstration robots such as a moving average expert that operates across multiple timeframes. These examples show how to open trades
This MetaTrader 5 expert advisor functions as a grid-based recovery system that can operate independently or manage trades from external EAs via magic number filtering. It initiates entries using Bollinger Bands and RSI indicators, then manages drawdown through a recovery grid matrix. The system employs dynamic ATR-bas
Advanced Grid Trading is a MetaTrader 5 expert advisor that manages a complex grid strategy across four configurable layers. It places stop and limit orders at fixed intervals, employing either fixed or geometric lot scaling for increased grid depth. Trade management includes a shared profit pool used to close losing p
This MetaTrader 5 expert advisor acts as a modular architectural blueprint for developing complex algorithmic trading systems. It demonstrates a structured framework for separating user interface components, input configurations, and core execution logic into maintainable layers. While the repository provides placehold
Oslib is an extensive repository of Expert Advisors and indicators for MetaTrader 5, encompassing various quantitative trading approaches. The collection includes statistical arbitrage robots that trade spreads between two correlated symbols, machine learning experts utilizing Support Vector Machines (SVM), and high-fr
This repository features a collection of MetaTrader 5 expert advisors designed for automated trading across various market conditions. The included tools range from grid-based systems like Mecha-Godzilla to range-reversion and breakout strategies. The expert advisors offer modular risk management, including daily loss
This MetaTrader 5 expert advisor implements a multi-layered grid strategy that manages up to three independent grids simultaneously on a single instrument. It uses the Relative Strength Index (RSI) across different timeframes to determine the initial trade direction for each grid. The EA employs martingale lot scaling,
STO Martin is a grid-based trading robot for MetaTrader 5 that uses technical indicators to manage entries and recoveries. It employs a Stochastic Oscillator for execution signals and a Moving Average to filter trades according to the prevailing trend. The EA features a martingale lot-scaling system that adds positions
This MetaTrader 5 expert advisor is a legacy project focused on machine learning and neural network forecasting. The system implements logic for training models and generating forecasts using technical indicators like ADX and ZigZag. It includes several optional modules for long, short, hedging, and martingale trading
This MetaTrader 5 repository is a collection of various Expert Advisors and trading utilities. The primary EA implements a strategy based on the Relative Strength Index (RSI), Bollinger Bands, and Parabolic SAR indicators. It executes trades using overbought and oversold levels in conjunction with volatility bands. Ris
This collection of MetaTrader 5 expert advisors focuses on grid and basket trading strategies. The core system establishes a reference price based on a specific hourly candle to initiate buy and sell grids. It manages risk using volume-weighted basket targets for take profit and stop loss. The EA employs aggressive lot
HFT Grid AI is a MetaTrader 5 Expert Advisor foundation built for high-frequency trading and grid-based strategies. It employs a broker-aware execution model that validates trade plans against local simulations before sending orders to the market. Key features include stochastic market structure analysis, session-based
This expert advisor for MetaTrader 5 implements a bidirectional range grid strategy based on user-defined price boundaries. It automatically divides the range into two halves, executing sell orders in the upper section and buy orders in the lower section. The system includes a safety mechanism that closes all positions
This MetaTrader 5 expert advisor implements a grid-based trading strategy combined with an EMA trend filter. It enters positions based on price relation to a 50-period Exponential Moving Average. If a trend reverses while a basket is active, the EA initiates a dual-mode recovery by opening a new basket in the opposing
This MetaTrader 5 expert advisor implements a grid trading strategy specifically designed for sideways or range-bound market conditions. It places multiple buy and sell orders at fixed intervals defined by the user. The EA includes several operational filters, such as specific trading days and time sessions. Risk manag
Fast Scalper is an Expert Advisor for MetaTrader 5 that executes trades based on price ranges and tick velocity. It monitors short-term and long-term price extremes using 40-candle and 200-candle lookback periods to establish market context. The system incorporates a hedging mechanism to manage open positions, using sp
Adaptive Quant Grid is an automated trading system for MetaTrader 5 that utilizes a dynamic grid strategy. It adjusts grid spacing based on market volatility using the Average True Range indicator and includes a regime filter powered by ADX and EMA to distinguish between trending and ranging markets. The EA supports sy
This MetaTrader 5 repository provides a collection of expert advisors focused on hedging and position recovery strategies. The main utility manages trade entries with automated hedge triggers based on stop loss events or specific price distances. It includes sophisticated risk controls such as basket-level take profit
Dejavu EA is a grid trading robot for MetaTrader 5 that automates trade entry using a system of pending orders. It supports buy and sell stops and limits, organized in configurable increments. The strategy includes a dynamic take profit mechanism relative to grid spacing, trailing stops, and ATR-calculated stop losses.
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 MetaTrader 5 robot implements a grid trading strategy featuring dynamic order spacing. Unlike traditional fixed grids, this expert advisor increases the distance between subsequent levels using an expansion factor. It employs martingale lot scaling where volumes grow exponentially based on the number of open posit
This Expert Advisor for MetaTrader 5 implements a bi-directional grid strategy combined with martingale lot scaling. The robot monitors buy and sell legs independently, opening new orders at fixed pip intervals when the price moves against existing positions. It utilizes an exponential growth factor to increase trade v
This MetaTrader 5 expert advisor utilizes a hedging and grid-based strategy described as cornering. It places pending orders on both buy and sell sides at fixed or automatically adjusted distances. The bot scales position sizes using a multiplier for subsequent entries and includes a dynamic break-even function to mana
This MetaTrader 5 expert advisor serves as an educational framework for developing trading robots using object-oriented programming. It demonstrates how to organize trading logic into modular classes for symbol handling, order execution, and strategy management. The EA incorporates two distinct price action strategies
This MetaTrader 5 expert advisor executes trades based on signals generated by a companion custom trend indicator. It is designed to function exclusively on the MetaTrader 5 hedging platform and requires the external indicator file to be installed manually in the local indicators folder. The system manages risk using a
This MetaTrader 5 expert advisor implements a trend-following strategy based on the Parabolic SAR indicator combined with hedging logic. It identifies market direction using standard PSAR parameters and manages positions through automated risk controls. The system allows users to define risk as a fixed lot size or a pe
This MetaTrader 5 expert advisor executes trades based on a combination of momentum and trend indicators, specifically MACD, RSI, CCI, and ADX. It seeks trend reversal opportunities by identifying overbought or oversold conditions combined with specific trend strength requirements. The EA includes risk management featu
This MetaTrader 5 expert advisor acts as a trade bridge, receiving order data from an external Go-based bridge server. It polls a specified URL at regular intervals to synchronize trades and manage an aggregated net futures position, likely originating from NinjaTrader. The EA translates external signal data into order
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 5 expert advisor implements a linear gradient trading strategy, which typically involves layering orders or partial exits at fixed point intervals. It utilizes Bollinger Bands as a primary technical indicator for entry signals and supports buy-only, sell-only, or bidirectional trading modes. The robot i
Tip Top AI is a price action robot for MetaTrader 4 and MetaTrader 5 that uses a proprietary candle tail length algorithm to identify market entries. The strategy calculates the average size of historical bars and monitors current candles for specific wick-to-body ratios. It enters trades when wicks exceed the body siz
Fibonacci Expert is a MetaTrader 5 robot that calculates Fibonacci levels using price extremes from a user-defined timeframe. It automatically places various pending orders, including buy stops, sell stops, buy limits, and sell limits, at specified intervals relative to these levels. The EA manages risk through individ
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
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 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
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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