This MetaTrader 5 expert advisor collection provides a modular approach to automated trading based on technical indicators. It features a trading robot that uses a moving average to identify entries, supported by risk management tools including hard stop losses and take profits. The system includes logic for break-even
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
This MetaTrader 5 expert advisor automates the 9.1 trading setup popularized by Larry Williams, utilizing an exponential moving average to detect trend shifts. It enters trades based on price action relative to the moving average slope. The system includes built-in trade management features like partial profit taking,
This MetaTrader 5 expert advisor serves as an educational example from a book on MQL5 programming. It implements a versatile trading system that can be configured to use moving average crossovers, Relative Strength Index levels, or both indicators combined for trade entries. The EA manages risk with user-defined stop l
This collection provides multiple MetaTrader 5 expert advisors and indicators intended as educational templates for MQL5 development. The primary example, ExpSidus, implements a moving average crossover strategy using Exponential and Linear Weighted Moving Averages. The included robots feature basic risk management thr
First Candle Breakout is a MetaTrader 5 expert advisor designed to trade the breakout of the high or low of the first candle within a specified period. While traditionally used with the first 60-minute candle, the software allows users to configure any timeframe for the initial range. The robot enters a buy position wh
Elephant Walk is a MetaTrader 5 expert advisor based on the trading methodology of Oliver Velez. It automates entries using moving average crossovers and price action patterns often associated with large bars or elephant candles. The EA provides extensive trade management options, including trailing stops, break-even a
This MetaTrader 5 repository features a diverse collection of automated trading strategies, including indicator-based scalpers and price action robots. The experts utilize technical filters such as Average True Range periods and baseline moving averages to identify entry signals. Key risk management features integrated
RL Agent Trader is an expert advisor for MetaTrader 5 that integrates with a Python-based reinforcement learning environment via network sockets. It implements a breakout strategy based on the highest and lowest prices of previous candles. The core functionality relies on a Deep Q-Network (DQN) in Python to dynamically
Fimathe EA is a MetaTrader 5 robot designed to automate the Fimathe trading technique. It replaces manual channel drawing by analyzing a user-defined range of historical candles to determine reference channels and neutral zones. The system identifies price partitions and uses the median distance to set entry levels. Fo
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 MetaTrader 4 expert advisor automates trading by combining the Relative Strength Index (RSI) with Ichimoku Kumo signals. It scans every instrument listed in the Market Watch window to identify entries across multiple pairs simultaneously. The robot includes a built-in spread filter to avoid high-cost executions an
Autumn Harvest is a multi-strategy MetaTrader 5 expert advisor incorporating technical patterns such as RSI reversals, peak reversals, and the ignored bar strategy. It functions as both an automated trading robot and a position manager, allowing it to maintain external trades or its own. The EA includes risk controls l
Athena is a MetaTrader 5 expert advisor designed for intraday trading based on session range breakouts. The robot monitors price action during a specific user-defined time window to establish daily high and low boundaries. Once this window closes, it executes buy or sell orders when the current price breaches these lev
PR Pivots Expert Advisor is a technical tool for MetaTrader 4 that calculates and displays daily pivot points on the chart. Using price data from the previous trading day, including high, low, and close values, it plots the central pivot level along with three resistance and three support levels. The software uses grap
Opening Reversal MT5 is an automated trading system for MetaTrader 5 that executes trades based on price action relative to the previous day's opening level. The strategy monitors candle sentiment and triggers orders when the current price breaks through the prior day's opening price in the opposite direction of the pr
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
HLT is an automated trading robot for MetaTrader 5 that focuses on market structure and swing analysis across multiple timeframes from M1 to H4. The expert advisor synchronizes with New York time and identifies setups based on price swings and daily trading plans. It includes a fixed risk money management module and sp
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 MetaTrader 5 expert advisor executes trades based on opening range breakout logic. The system identifies a price range over a specific duration and enters positions when the market breaks through these levels. It supports multiple entry methods including market orders on candle close, resting stop orders, or limit
This expert advisor for MetaTrader 5 uses the Moving Average Convergence Divergence (MACD) indicator to execute trades based on signal line crossovers. Operating on the fifteen-minute timeframe, the robot enters buy positions when the MACD main line is above the signal line and sell positions when it is below. It incor
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 5 expert advisor acts as a bridge between Telegram channels and the trading terminal via a dedicated Python server. It uses a TCP socket connection to receive structured JSON data parsed by artificial intelligence from unstructured chat messages. The EA executes market or pending orders based on entry r
This repository provides a collection of MetaTrader 5 expert advisors developed for learning algorithmic trading. The primary featured tool, TimeRangeEA, identifies price high and low points within a specific time window to execute breakout trades. It incorporates risk management through stop loss and take profit level
This MetaTrader 5 expert advisor executes trades based on the Williams Percent Range (%R) indicator paired with a specialized filter to avoid sideways markets. The system identifies trends by checking if the Williams %R value crosses the median 50 level while simultaneously analyzing multiple timeframes—including M1, M
Falcon R is a rule-based expert advisor for MetaTrader 4 designed to identify and trade within ranging market conditions. It utilizes a combination of Keltner Channels and Moving Averages to determine entry points. The robot provides extensive trade management options, including fixed or volatility-based stop loss and
This MetaTrader 5 robot employs a dual-strategy approach, switching between trend-following moving average crossovers and RSI-based mean-reversion depending on detected market regimes. It features an integrated walk-forward optimization system that loads optimized parameters from external files to adapt to changing vol
This MetaTrader 5 expert advisor implements a trading strategy based on the TMA+CG (Triangular Moving Average and Center of Gravity) indicator. Developed using the EA31337 framework, the robot utilizes the non-repainting version of the indicator to identify market entries. It features a multi-timeframe capability, enab
Strategy Pinbar is an automated trading robot for MetaTrader 5 that identifies entry points using pinbar candlestick patterns. The EA enhances signal accuracy by applying Relative Strength Index (RSI) and Commodity Channel Index (CCI) filters to confirm market conditions. Built upon the EA31337 framework, the system is
This MetaTrader 5 expert advisor acts as a meta-strategy container that executes multiple underlying trading strategies simultaneously. Built on the EA31337 framework, it aggregates signals from various included strategy files across several timeframes ranging from M15 to H8. The EA manages trade entries and exits base
This MetaTrader 5 expert advisor implements a strategy based on Chan Lun (Zen Theory) technical analysis. It evaluates market structure and price action, using a candle size filter to determine trade entries. The robot includes built-in risk management features such as fixed stop loss and take profit orders. Additional
Ichimoku Scalper is a technical expert advisor for MetaTrader 5 that executes trades based on the Ichimoku Kinko Hyo and Parabolic SAR indicators. The system enters positions when the price interacts with the Senkou Span buffers, using the SAR for trend confirmation. It incorporates standard risk controls including fix
Fractal Trailing Stop is a MetaTrader 5 expert advisor that automates trade management using Bill Williams fractal levels. The EA monitors open positions and dynamically adjusts the stop loss to the most recent up or down fractal, incorporating a user-defined point buffer for padding. It includes risk management featur
MT4 News Trade Manager is a utility for MetaTrader 4 designed to handle trade exits during high-volatility news events. It automatically applies stop loss and take profit levels to orders and features a break-even function to protect gains. The tool includes specialized Spike Take Profit logic that closes positions bas
This expert advisor for MetaTrader 5 utilizes a multi-timeframe technical approach, scanning H1, M30, M15, and M5 periods simultaneously. It generates signals using a stochastic stack combined with RSI and stochastic divergence detection. The system incorporates a formula pack for market structure analysis, including B
EAPRO M is a price action scalper for MetaTrader 5 that utilizes a coordinate-based drag-and-drop system for trade placement. It manages execution through market, stop, and limit orders with automated position sizing based on account risk percentages. The EA incorporates multiple risk management layers, including daily
This MetaTrader 5 expert advisor implements a multi-timeframe strategy based on the TTrades Fractal Model and Dow Theory. It operates using two distinct execution branches: Intraday (D1/H1/M5) and Swing (W1/H4/M15). The system analyzes market structure to identify points of interest, employing wick ratios and optional
Traderbot 4K is an automated Expert Advisor for MetaTrader 5 that utilizes a strategy based on market equilibrium and price action concepts. It features an equity-based kill switch that automatically closes positions when a pre-defined profit percentage of the account balance is reached. The system incorporates risk ma
This collection for MetaTrader 5 features a suite of tools focused on drawdown protection and price action strategies. The primary risk management utility monitors account equity and balance, allowing users to set maximum loss thresholds in either percentage or fixed currency amounts. It can automatically block trading
This collection of MetaTrader 5 expert advisors integrates external machine learning models via a local HTTP daemon for trade execution. The core system, GGTH-SR, utilizes sophisticated position sizing based on the Kelly Criterion with confidence-based scaling and smoothing. It includes an adaptive scalping module with
Backwater EA is a MetaTrader 5 expert advisor that automates trading based on Smart Money Concepts, specifically focusing on Fair Value Gaps and Inversion Fair Value Gaps. The robot monitors price action and market structure to identify entries, filtering signals using a 50-period and 200-period Simple Moving Average c
This MetaTrader 5 expert advisor automates a multi-timeframe price action strategy, identifying price extremes on a higher timeframe to seek entries on a lower timeframe. It features time-of-day filters and robust risk management, including percentage-based position sizing, maximum daily trade counts, and daily profit
Robo Samurai is a MetaTrader 5 expert advisor that executes trades based on probabilistic candle patterns and occurrence statistics. It features a unique Katana Barrier system that filters trade signals based on historical error rates and specific occurrence percentage thresholds. The EA allows for granular control ove
This MetaTrader 5 expert advisor utilizes a multi-timeframe approach to identify entry points based on the Relative Strength Index and candlestick patterns. It monitors a lower timeframe for bullish engulfing formations while using a higher timeframe Exponential Moving Average to filter for trend direction. The bot cal
This MetaTrader 4 expert advisor executes a breakout strategy based on price extremes established during specific trading hours. It identifies the high and low levels from recent hourly candles and enters positions when price breaches these thresholds. The EA includes automated risk management features such as dynamic
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
Gordon Day Trading is a MetaTrader 4 expert advisor designed for automated intraday trading. It combines signals from multiple Exponential Moving Averages, the Relative Strength Index, and Bollinger Bands to determine trade entries. The software includes visualization features for Fibonacci levels and unretraced zones
Pivot Point EA is an automated trading robot for MetaTrader 4 that utilizes daily pivot points to identify potential support and resistance levels. The system calculates these levels at the start of each day and monitors price proximity to execute trades based on bounces or breakouts. It includes built-in risk controls
YYEA is an automated trading robot for MetaTrader 4 that uses a combination of technical indicators to identify entry points. The strategy incorporates Relative Strength Index levels, Moving Average divergence, and daily high-low price levels tracked over a four-day period. It primarily focuses on shorter timeframes, s
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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