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 35Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 2Collection 39Utility
Strategy
This repository is a collection of educational expert advisors for MetaTrader 5, developed as part of an introductory MQL5 programming series. It includes multiple standalone robots utilizing common technical indicators such as moving average crossovers, Bollinger Bands, and the Relative Strength Index. The primary exp
This collection features several expert advisors for the MetaTrader 5 platform, each built around a different technical indicator such as MACD, RSI, Parabolic SAR, and Ichimoku Kinko Hyo. The robots execute trades based on classic signal logic, including zero-line crossings and signal line crossovers. Users can configu
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 educational collection provides a foundation for building MetaTrader 5 expert advisors through a series of modular code snippets and a primary RSI-based trading robot. The included expert advisor executes trades based on Relative Strength Index overbought and oversold levels, supporting both live and closed candle
This repository contains a collection of MetaTrader 5 expert advisors based on popular technical indicators. The primary EA uses the Relative Strength Index to identify overbought and oversold conditions for trade entry. It manages risk through fixed stop loss and take profit settings, alongside a maximum position limi
Robot MA RSI is an automated trading expert advisor for MetaTrader 5 that employs a combination of exponential moving average crossovers and the Relative Strength Index. Users can choose between three entry strategies: moving average signals, RSI levels, or a combined approach requiring both conditions. The system mana
This collection of MetaTrader 5 expert advisors serves as an educational resource for MQL5 programming. It contains multiple example robots utilizing technical indicators such as Moving Averages, Parabolic SAR, CCI, and Stochastic oscillators. The provided scripts demonstrate fundamental trading automation features inc
This expert advisor for MetaTrader 5 combines moving average crossovers with Relative Strength Index (RSI) levels to identify entry points. It initiates buy orders when the RSI indicates oversold conditions and a fast exponential moving average crosses above a slow exponential moving average. Conversely, it opens sell
This repository contains a collection of MetaTrader 5 scripts and Expert Advisors focusing on various technical indicators. The primary EA provided uses Relative Strength Index (RSI) levels to determine long and short entry conditions, including specific start and end thresholds for signal filtering. Other files in the
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 is a collection of MetaTrader 5 expert advisors developed as early coding projects between 2021 and 2024. It includes multiple robots implementing varied strategies such as range breakouts, Donchian channels, Fibonacci retracements, and Bollinger Bands. The expert advisors are largely technical indicato
This MetaTrader 5 expert advisor collection provides several automated trading strategies based on classic technical indicators. The primary component combines CCI, RSI, Stochastic, MACD, and Moving Average crossovers to identify entry signals. It features a configurable grid system that layers multiple orders at fixed
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 repository provides a collection of MetaTrader 5 expert advisors centered on mean reversion and statistical regression techniques. The bots utilize indicators such as Bollinger Bands and moving averages to determine trade entries. Each trade is executed with predefined risk controls, including fixed point-based st
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
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 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 collection provides several MetaTrader 5 expert advisors and utility scripts developed for educational purposes. The primary advisor combines moving average crossovers with Relative Strength Index filters to identify entry points. It features standard risk management controls including fixed lot sizing, hard stop
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 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
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
This repository serves as an extensive educational resource for MetaTrader 5, containing a wide variety of Expert Advisors and indicators based on a series of MQL5 development articles. It includes robots utilizing technical indicators such as RSI, MACD, Ichimoku, and Bollinger Bands. The collection features tools for
This MetaTrader 5 expert advisor executes trades based on a combination of Relative Strength Index (RSI) and Weighted Moving Averages (WMA) across two timeframes. It compares indicator values against defined buy and sell thresholds on a primary timeframe, with an optional trend filter from a higher timeframe. Risk mana
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 repository contains a collection of MetaTrader 5 expert advisors developed for educational purposes. The primary strategies revolve around Commodity Channel Index crossovers and Average True Range indicators for dynamic stop loss and take profit placement. The codebase includes various experimental models, such as
This repository contains a collection of MetaTrader 5 expert advisors focused on simple technical indicator strategies. The primary EA utilizes a combination of the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to identify overbought and oversold market conditions. It enters market trad
This MetaTrader 5 expert advisor executes trades based on technical signals from Moving Average crossovers and the Relative Strength Index (RSI). It offers three distinct entry modes, allowing traders to utilize trend-following crossovers, RSI overbought and oversold levels, or a combination of both indicators. The rob
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
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
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
This MetaTrader 5 expert advisor executes trades based on a time-restricted strategy combined with moving averages and Fibonacci levels. It operates within a specific daily window, opening positions between a defined start and end time and automatically closing them at a designated hour. The system utilizes 21-period s
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
Gartal Inc is a modular trading automation framework and strategy development template for MetaTrader 4. It provides a structured environment for testing various entry and exit logic, including Fair Value Gaps, moving average crossovers, and Donchian channels. The repository focuses on backtesting workflows, featuring
This MetaTrader 5 expert advisor implements a multi-timeframe trading strategy across M1, M5, and M15 intervals. It utilizes a seven-period Exponential Moving Average system ranging from EMA 30 to EMA 60 to identify market conditions. When EMAs are aligned, it executes trend-following trades; in consolidated markets, i
This repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a Renko Reversal strategy ported from Pine Script. The main robot identifies trend shifts by simulating Renko bricks on standard OHLC bars, entering and exiting trades based on a configurable number of consecutive bricks. It
Puer Tigris is a MetaTrader 4 expert advisor that implements multiple entry strategies, primarily focusing on Bollinger Bands mean reversion. It features a martingale lot scaling system where position sizes are multiplied after a trade is closed, with a configurable limit on the number of recovery levels. The robot use
This MetaTrader 5 expert advisor utilizes Stochastic Oscillator crossovers to execute buy and sell orders. It calculates entry signals based on a minimum difference between the %K and %D lines. Risk management includes stop loss and take profit levels calculated using spread multipliers, as well as a trailing stop that
Trend Pullback EA is an automated trading robot for MetaTrader 5 that uses Exponential Moving Averages and price action to execute trades. It identifies market trends using a dual EMA crossover system and waits for price pullbacks into the moving average zone. Valid entries require confirmation from bullish or bearish
JiAlgo System is a MetaTrader 5 expert advisor implementing the SonicR trading methodology across various market conditions. The robot uses exponential moving averages, specifically the EMA 34 and EMA 89, to determine trend direction and slope thresholds. It executes trend-following trades on initial pullbacks from new
ÆEA is an automated trading robot for MetaTrader 4 that employs an ensemble of technical indicators to identify market imbalances. The strategy, described by the author as the Proportionality Principle, triggers trades when a specific ratio of bullish to bearish indicator signals is met. It calculates inputs from a wid
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
Golden7 is an automated trading system for MetaTrader 5 that utilizes a weighted confluence engine across seven technical indicators, such as Moving Averages, RSI, and Bollinger Bands. It uniquely allows users to input a manual fundamental bias score to influence trade direction. The robot includes a robust filtering s
This MetaTrader 5 expert advisor collection uses a multi-indicator approach for trade entries. The primary logic involves a combination of MACD, three Triple Exponential Moving Averages (DEMA), the Relative Strength Index (RSI), and Stochastic oscillators. It filters signals using the Average Directional Index (ADX) an
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 collection of MetaTrader 5 expert advisors features a flagship tool that applies genetic algorithms to optimize moving average crossover strategies. The system dynamically adjusts short and long period parameters, stop loss, and take profit values based on simulated fitness and real trade performance. Risk managem
Shuka Expert is a MetaTrader 5 robot designed for risk-managed trading using technical indicators and price action filters. It identifies entries through optional EMA and ZigZag components combined with candlestick patterns, such as engulfing bars and candle length requirements. The EA manages risk via percentage-based
Reverse Edge is a MetaTrader 5 expert advisor that utilizes a combination of momentum and trend indicators, specifically MACD, RSI, and Stochastic oscillators, to identify trade entries. The robot focuses on structured risk management by calculating lot sizes based on a fixed risk percentage per trade and utilizing a d
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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