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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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 75Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 8Collection 66Utility 2
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This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
This repository contains a large collection of over 100 expert advisors for the MetaTrader 5 platform, many of which appear to be generated using the Mission Automate tool. The library covers a wide variety of trading methodologies including range breakouts, Ichimoku cloud strategies, Heiken Ashi engulfing patterns, an
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 repository provides a collection of standard MetaTrader 5 expert advisors bundled within a Docker container environment. It includes classic MetaQuotes examples such as the MACD Sample and Moving Average, which execute trades based on technical indicator crossovers and trend filters. The primary MACD expert featur
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 MetaTrader 5 utility is a comprehensive manual trading panel and risk management suite. It simplifies order execution by calculating lot sizes based on a defined risk percentage of account equity. Users can manage trades via automated break-even points, multi-mode trailing stops including Fractals, Moving Averages
This MetaTrader 5 expert advisor implements a classic dual moving average crossover strategy. It tracks short-term and long-term moving averages, entering a buy position when the faster line crosses above the slower line and a sell position when it crosses below. Upon receiving a new signal, the bot automatically close
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
This framework provides MQL5 header files and example expert advisors designed to trade on non-time-based Range Bar charts within MetaTrader 5. It includes template robots for moving average crossovers and Super Trend strategies. The included code manages trade execution with configurable stop loss, take profit, break-
This collection provides educational templates for building MetaTrader 5 Expert Advisors. It includes demonstration robots that interface with indicators like MACD and Parabolic SAR using the iCustom function. The repository serves as a learning resource for structuring MQL5 code and handling trade execution. Each exam
This MetaTrader 5 expert advisor executes trades based on a combination of MACD signal levels and exponential moving average crossovers. It utilizes a 20-period and 6-period EMA to determine trend direction before initiating positions at specific MACD pip thresholds. The system employs a unique risk management approach
The Falcon is a MetaTrader 4 expert advisor designed for automated trading using a combination of moving averages and Keltner Channels. It utilizes trend-following logic for entries and incorporates advanced position sizing features, including percentage-based risk, adaptive volatility sizing, and margin-per-lot constr
This collection of MetaTrader 4 expert advisors focuses on technical analysis strategies such as moving average crossovers and chart patterns. The primary EA utilizes dual moving averages alongside fractal detection to identify entry points based on price momentum. It incorporates risk management tools including hard s
This repository contains a collection of MetaTrader 4 expert advisors focusing on technical analysis and pattern recognition. The included tools range from robots utilizing Volume Spread Analysis (VSA) and fractal-based trend detection to indicators like NeuroMACD and ACD patterns. The primary EA uses ZigZag and fracta
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 collection for MetaTrader 4 offers a variety of specialized utilities and signal indicators to streamline trading workflows. It features a Renko generator for creating custom offline price charts with fixed or ATR-based box sizes. Additional components include an Ichimoku-based signal generator, a tool for identif
This MetaTrader 5 collection features several versions of the classic Moving Average expert advisor, modified specifically for trading on custom symbols. It includes helper functions to ensure data readiness for synthetic instruments or imported data series. The included strategies execute trades based on moving averag
This MetaTrader 5 repository contains a collection of expert advisors based on moving average crossover logic. The primary systems utilize fast and slow moving average indicators to identify trend shifts and execute automated trades. Risk management is handled through user-defined stop loss and take profit levels, alon
This MetaTrader 5 expert advisor automates trading decisions by combining moving average crossovers with volume and momentum filters. It enters buy positions when a fast moving average crosses above a slow one, provided volume is increasing and the Relative Strength Index indicates the market is not overbought. For ris
This automated expert advisor for MetaTrader 4 executes trades based on moving average crossovers and trend-following logic. It incorporates the Chandelier Exit method, utilizing the Average True Range and price extremes to determine market direction. Risk management is handled through user-defined stop loss and take p
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 is a collection of MetaTrader 5 expert advisors and utility scripts developed for educational purposes. The primary robot, CruzamentoMedia, executes trades based on moving average crossover logic with configurable periods and methods. It includes a graphical user interface panel for manual play and paus
This MetaTrader 4 expert advisor provides a framework for trading dual moving average crossovers. It offers automated trade execution with a strong focus on risk management, including lot sizing calculated from a user-defined percentage of account equity. The system manages exits through either fixed pip values or vola
This MetaTrader 5 expert advisor executes trades based on the MACD indicator and the crossing of two exponential moving averages. It uses a long period of twenty and a short period of six moving averages to identify trends. The robot manages active positions using a specific trailing stop mechanism that permits a perce
This repository provides a collection of MetaTrader 4 expert advisors, primarily focused on a manual trading dashboard and an indicator-based robot. The included dashboard enables manual execution with automated trade management features such as hidden virtual stop loss and take profit levels, profit locking, and multi
This MetaTrader 5 expert advisor collection provides automated trading strategies based on moving average trends and price action. The primary EA enters trades when price and moving averages align, indicating momentum. It includes risk management features such as fixed lot sizing and optional stop loss and take profit
This MetaTrader 5 expert advisor implements the BBMA trading system by combining Bollinger Bands with multiple Moving Average levels including MA 5, MA 10, and EMA 50. It enters trades based on technical signals and price interactions with these indicators. The robot features comprehensive risk controls such as percent
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 strategies, primarily focusing on the Naive RSI EA. This robot enters trades by comparing Relative Strength Index values against two moving averages, buying when the RSI exceeds both and selling when it drops below both. It manages exits through fix
This repository is a comprehensive collection of MetaTrader 5 source code gathered from the MQL5 CodeBase and various technical articles. It serves as an archive of various trading systems, including trend-based impulse strategies, fuzzy logic applications, and standard indicator samples. The collection contains over 5
This MetaTrader 4 expert advisor executes trades based on the crossover of two smoothed moving averages. It monitors direction changes between a fast and slow period to trigger market entries. Risk management is handled through fixed stop loss and take profit parameters, along with a break-even function that secures po
Falcon EA Template is an automated trading robot for MetaTrader 4 that utilizes dual moving averages and Keltner Channels to determine market entries. The system prioritizes risk management through percentage-based position sizing and various exit strategies. It features fixed and volatility-based stop loss and take pr
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 repository provides a diverse collection of automated trading systems, including tools for supply and demand, news fetching, and price action strategies. The primary expert advisor utilizes moving average crossovers and momentum filters to identify market pullbacks. It incorporates trade management fe
This repository provides a diverse collection of MetaTrader 5 expert advisors and utility scripts for automated trading. The primary logic focuses on managing pending orders through dynamic distance adjustments, time-scheduled trade execution, and sophisticated trailing stops that operate via price ticks or millisecond
This repository contains a collection of educational Expert Advisors developed as solutions for an MQL5 programming course. The provided examples demonstrate fundamental automated trading concepts on the MetaTrader 5 platform, specifically focusing on Exponential Moving Average crossover logic and MACD data processing.
This MetaTrader 5 expert advisor executes trades based on the Ichimoku Kinko Hyo system, specifically targeting cloud breakouts. It incorporates several technical filters including Average True Range for volatility and Average Directional Index for trend strength to refine entries. Risk management is handled through pe
This MetaTrader 5 repository provides a collection of expert advisors developed primarily for educational purposes and MQL5 language study. The included robots utilize trend-following logic based on multiple moving average crossovers, featuring variations with up to four different indicator periods. Traders can configu
Falcon B is an automated trading robot for MetaTrader 4 that utilizes moving average crossovers and Keltner Channels for market entries. It is specifically designed to function within a larger framework, integrating with R-based decision support software through CSV command files. The EA provides robust risk management
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 4 expert advisor executes trades based on three selectable technical indicators: Moving Averages, the Alligator indicator, or a custom channel strategy referred to as Rasim Line. It identifies trends and price levels to enter positions automatically. The EA manages risk through user-defined stop loss an
Mousse Pips is a MetaTrader 4 expert advisor that implements a trend-following strategy based on exponential moving average crossovers. The robot identifies entries and exits by comparing fast and slow moving average periods. It incorporates automated risk management by calculating lot sizes as a percentage of free mar
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
SoftArsenal is a collection of MetaTrader 4 expert advisors and development tools. The repository features a custom expert advisor named Aberration, which utilizes Bollinger Bands to identify market breakouts. It places pending buy and sell stop orders at the outer bands and dynamically adjusts stop loss levels to the
This collection for MetaTrader 5 provides a series of tools focused on Exponential Moving Average crossovers and trend identification. The primary scripts monitor the relationship between fast and slow EMAs to generate visual signals, marking the chart with vertical lines and arrows when a crossover or retest occurs. I
This collection of MetaTrader 5 expert advisors provides several technical strategies for automated trading. The primary implementation uses a triple exponential moving average crossover for signals, supported by an Average True Range volatility filter. Risk control is managed via equity percentage or fixed lot sizing,
This Expert Advisor for MetaTrader 5 is a conversion of the EMA Slope and EMA Cross strategy originally developed for TradingView. It employs three Exponential Moving Averages with default lengths of 2, 4, and 20 to generate signals based on trend slope and price crossovers. The system supports a reversal-based trading
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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