This repository provides a collection of MetaTrader 5 expert advisors and indicators developed for experimental purposes. It features a range of trading systems, including standard MetaQuotes examples and custom implementations like NERV and RNN-based logic. The primary expert advisors utilize technical indicators such
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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 10Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 2Utility
Strategy
Trend followingBreakoutScalping 1GridMartingaleHedgingMean reversionSMC / ICT / price action 1Indicator crossover 5ArbitrageAI / machine learningNewsMulti-strategy 4
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
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 MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator system integrated with a machine learning boosting model to execute trades. It analyzes technical factors including RSI, ATR, Z-scores, and price slopes to determine a success probability before opening positions. The robot features built-in ris
PASR Modular is a MetaTrader 5 expert advisor designed for automated trading using a modular framework. It employs technical indicators like ATR for dynamic stop losses and take profits, alongside ADX for trend filtering. The system integrates machine learning components for trade inference and multi-timeframe analysis
This MetaTrader 5 expert advisor implements a comprehensive Smart Money Concepts strategy, detecting market structure shifts through Break of Structure and Change of Character events. It monitors Fair Value Gaps and liquidity sweeps to identify entry points across multiple timeframes. The system offers several executio
This MetaTrader 5 expert advisor utilizes an XGBoost machine learning model exported via the ONNX format to identify trading opportunities. It enters trades based on classification probabilities and a minimum gap between prediction classes. The system features extensive risk controls, including stop loss and take profi
Apex Leviathan is a multi-indicator expert advisor for MetaTrader 5 that combines technical analysis with external AI validation. It calculates a trade score using moving averages across H4, H1, and M30 timeframes, alongside RSI and MACD data. If a score threshold is met, the robot optionally consults the Google Gemini
EA MultiStrategy Advanced is an automated trading robot for MetaTrader 5 that integrates technical analysis with machine learning models. It utilizes a combination of RSI, Bollinger Bands, and Moving Average crossovers alongside LSTM-based deep learning signals to identify market patterns. The system features rigorous
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
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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