DWX Connect is an open-source bridge that links external trading strategies written in Python, C#, or Java to MetaTrader 4 and 5. It functions as a server EA that facilitates communication via file-based messaging, allowing users to execute trades and subscribe to market data without coding in MQL. The EA manages trade
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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 4Trade manager 1Risk & protectionNews tradingCopier & bridge 3Framework & templateCollection 2Utility 1
Strategy
Trend following 5Breakout 1ScalpingGrid 3Martingale 1Hedging 3Mean reversionSMC / ICT / price action 1Indicator crossover 1Arbitrage 3AI / machine learning 1News 1Multi-strategy
Punlie Grid is a MetaTrader 5 expert advisor that executes a grid trading strategy tailored for gold, crude oil, and cryptocurrencies. It places orders at fixed point intervals and features a trend-following filter that uses daily timeframe data to align trades with the prevailing market direction. Risk controls includ
This MetaTrader 5 expert advisor automates trading based on the Japanese Ichimoku Kinko Kyo system. It identifies market trends and generates buy or sell orders using the Tenkan-sen, Kijun-sen, and Senkou Span components. The robot includes built-in risk controls such as fixed stop loss and take profit levels, and it a
This repository contains an extensive library of MetaTrader 5 expert advisors covering various algorithmic trading methodologies. The collection includes strategies based on Bollinger Bands, Relative Strength Index, moving average ribbons, and swing failure patterns. A core focus is the Ighodalo series for gold and CFD
This repository provides a collection of trading scripts for MetaTrader 4, MetaTrader 5, and Pine Script, covering various technical strategies. It includes a Williams Alligator expert advisor that enters trades based on the alignment of three smoothed moving averages. The repository also contains code for grid and hed
This MetaTrader 5 expert advisor integrates Large Language Models such as OpenAI and Anthropic Claude with technical analysis to automate trading across forex, gold, crypto, and indices. It utilizes a confluence scoring system based on Smart Money Concepts, Ichimoku Cloud, and standard indicators like RSI and MACD. The
This MetaTrader 5 utility provides a visual interface for position sizing and manual trade execution. It allows traders to drag and drop stop loss and take profit lines directly on the chart, automatically calculating the required lot size based on a predefined risk percentage and account equity. The tool handles curre
This MetaTrader 5 expert advisor implements a pair trading arbitrage strategy between spot gold and gold futures. The robot monitors the price difference between XAUUSD and the GC futures contract, opening simultaneous buy and sell orders when the spread exceeds a defined threshold. Risk management is handled through a
This MetaTrader 5 utility is designed for managing and broadcasting trading signals directly to Discord. It features a visual interface for drafting trade ideas on the chart using interactive entry and stop-loss lines. The software tracks trade states, manages position numbering, and routes alerts to specific Discord c
Swap Arbitrage Bridge is a MetaTrader 5 utility designed to export market data to an external Python environment for arbitrage analysis. It collects information on tradable symbols, specifically focusing on Forex majors and precious metals like gold and silver. The tool sends formatted JSON status updates at defined in
This MetaTrader 5 expert advisor manages manual silver (XAGUSD) positions by applying and dynamically trailing protection levels. It automatically adds initial stop loss and take profit orders to existing trades that lack them. The manager features a sophisticated trailing stop loss and a trailing take profit mechanism
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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