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
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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
Trading robot 46Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 9Utility 1
Strategy
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 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
Icarus is an automated trading system for MetaTrader 4 that employs a grid strategy with Martingale lot scaling. It utilizes Bollinger Bands and the Stochastic Oscillator to identify entry points, offering a conjunctive mode for filtered execution. The EA manages risk through maximum position limits, equity warning thr
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
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
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 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 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
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
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
This MetaTrader 4 expert advisor utilizes the SuperTrend and Bollinger Bands indicators to identify market entries. It monitors for trend changes, breakouts, corrections, and pullbacks. The EA incorporates several risk management tools, including a configurable stop loss, dynamic stop loss logic, and a trailing stop. I
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
This MetaTrader 5 expert advisor implements the Daily Sweep strategy, focusing on Swing Failure Patterns. It monitors high-timeframe liquidity levels and executes trades on lower timeframes when price sweeps these zones. The robot manages entries during defined session hours, such as the New York session, and exits bas
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 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
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance. It monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit
TitanAI 4H Range Scalper is a MetaTrader 5 expert advisor that executes a range rejection strategy based on the 00:00 New York H4 candle. The EA identifies a fixed daily range and monitors for false breakouts or liquidity sweeps, entering a trade when price closes back within the range boundaries. It features robust ri
This MetaTrader 5 collection features automated strategies including breakout, mean reversion, and gap-based systems. The primary breakout advisor utilizes a multi-factor weighting system to score potential trades based on ADX strength, ATR expansion, impulse candle size, and higher timeframe EMA alignment. Risk contro
Advanced KT Trader is a price action robot for MetaTrader 5 that specializes in trading the Kangaroo Tail candlestick pattern. It employs a sophisticated scoring system to filter entries based on tail-to-body ratios and candle positioning. The strategy integrates support and resistance zone confluence alongside 200 EMA
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
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
2026 Trading Bot is an automated expert advisor for MetaTrader 5 that focuses on price reversals using RSI divergence and pivot point levels. The robot monitors price action for bullish or bearish divergence patterns to identify entry signals near calculated support and resistance zones. It includes risk management set
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
This MetaTrader 5 expert advisor utilizes statistical normalization and trend filters to execute trades within a grid recovery framework. It identifies entry points using the Fisher Transform for overbought or oversold conditions, filtered by QQE trend alignment and ADX volatility thresholds. When a position moves agai
This MetaTrader 4 expert advisor combines the Relative Strength Index, Moving Average, and Average Directional Index to identify trend-following entries. The strategy executes trades when price positioning relative to the moving average aligns with RSI exhaustion levels and ADX trend strength. It includes built-in risk
This MetaTrader 5 expert advisor implements a strategy based on the 80% Value Area rule, a concept derived from volume profile analysis. It calculates the Value Area High, Value Area Low, and Point of Control to identify high-volume price zones from previous sessions. The robot seeks entries when price re-enters the Va
Hybrid Smart Zone EA is an automated trading robot designed for the MetaTrader 5 platform. It employs a multi-indicator strategy incorporating Exponential Moving Averages, Bollinger Bands, RSI, MACD, and ADX to identify entry and exit points. The system defaults to a 15-minute timeframe but allows for customization. Ri
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
Ichi Pivots RH is an automated trading robot for MetaTrader 5 that utilizes pivot point analysis to identify market support and resistance levels. The system incorporates detailed time-based filtering, allowing users to define specific trading sessions, a mid-day pause, and a mandatory daily blackout period. Risk manag
BBMA Profit Seeker is a MetaTrader 4 expert advisor implementing a Bollinger Bands and Moving Average crossover strategy. It enters long positions when price rebounds from the lower band and closes above the moving average, while short entries occur after a rejection from the upper band. The robot manages exits dynamic
ANB Scalper is an automated trading robot for MetaTrader 4 that implements a scalping strategy centered on Fibonacci retracement levels. The EA calculates support and resistance zones by analyzing the highest and lowest prices over a user-defined candle lookback period. It filters potential entries using a combination
Strategy Meta RSI is an Expert Advisor for MetaTrader 5 that utilizes a meta-strategy approach to execute trades. It selects and alternates between different internal trading strategies depending on the current daily Relative Strength Index value. Built on the EA31337 framework, it supports simultaneous operation acros
Strategy Chaikin is a MetaTrader 5 expert advisor that automates trades using the Chaikin Oscillator (CHO) indicator. Developed using the EA31337 framework, the robot monitors market momentum and volume accumulation to identify potential entry and exit points. It supports multi-timeframe operations, allowing users to a
This repository features a collection of MetaTrader 5 expert advisors implementing various technical strategies such as time-range breakouts, order blocks, and candle pattern recognition. The primary time-range EA identifies price extremes within a user-defined window to trigger entries on breakouts. It includes risk m
Zone Entry is a MetaTrader 5 expert advisor that automates the placement of multiple limit orders within a calculated price zone, a technique described as chumming. It utilizes the Average True Range on the H1 timeframe to determine the spacing and breadth of entries based on manual price inputs. The EA manages open po
This expert advisor for MetaTrader 5 executes trades based on price action relative to Bollinger Bands and the Relative Strength Index (RSI). It identifies potential entries when price interacts with volatility bands, filtered by indicator thresholds. The robot manages risk using fixed lot sizes and applies protective
Quants EA is an automated trading tool for MetaTrader 5 that utilizes the Bill Williams Market Facilitation Index (BWMFI) to analyze market dynamics. It monitors price highs and candle ranges to identify potential entries when MFI values meet specific thresholds. The expert advisor incorporates multi-stage risk managem
This MetaTrader 5 robot executes trades based on quantitative risk indicators, including Value at Risk (VaR) and Expected Shortfall (ES). It uses statistical calculations like standard deviation and confidence levels to determine entry signals based on price returns. The system is designed for intraday trading, featuri
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 is an educational prototype developed for a digital signal processing course at the University of Brasília. It utilizes a mean-reversion strategy based on the Volume Weighted Average Price (VWAP), entering trades when price deviates from the indicator by a specific distance. The robot 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 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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