This MetaTrader 4 expert advisor executes a regime-gated breakout strategy specifically optimized for XRP and ETH markets. It operates on the H4 timeframe, utilizing Bollinger Bands for entry signals coupled with ADX and ATR filters to identify high-volatility trend environments. The EA employs a one-shot entry approac
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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 8Trade manager 1Risk & protectionNews tradingCopier & bridge 3Framework & templateCollection 2Utility 2
Strategy
This MetaTrader 4 expert advisor facilitates automated trading based on asset correlations across various markets. It identifies opportunities within a predefined list of symbols, including forex pairs, cryptocurrencies, gold, and equity indices. The EA manages entries based on the relationship between these instrument
A notification utility for MetaTrader 4 that monitors multiple technical indicators to generate trade alerts. It tracks moving average crossovers, specifically the 50 and 200 periods, along with Relative Strength Index levels, Bollinger Band breakouts, and MACD confirmations. Users can configure the tool to send notifi
Profit Hunter is an expert advisor for MetaTrader 4 designed for forex and cryptocurrency trading. It utilizes a composite signal strategy combining Triple Moving Average, Adaptive RSI, CCI, iTrend, and Fisher indicators. The robot executes trades using a grid system where distances between orders are set manually or c
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 4 utility serves as a bridge between the trading terminal and external platforms like Telegram and Discord. It functions as a comprehensive manual trading panel, enabling users to execute various order types and manage positions directly from the chart interface. The EA integrates indicator-based signal
EJTrader Order Flow is a technical utility for MetaTrader 4 that implements Level 2 market depth and tape reading tools. It utilizes the Bitcoin Nano API to stream order flow data directly onto the chart using various visual layouts like BookMap and volume aggression indicators. The EA manages manual trade execution wi
NNA Expert is an automated trading robot for MetaTrader 4 that utilizes external deep-learning models to analyze cryptocurrency markets. The system operates by generating market data files on every new bar and triggering an external batch script via Windows shell commands to obtain trade signals. It supports long and s
This repository contains a collection of Expert Advisors and trading tools developed for the MetaTrader 4 platform. It features multiple standalone scripts implementing classic technical strategies, including Ichimoku Cloud trend following, Moving Average crossovers, and momentum-based entries using RSI or MACD. The Ex
This algorithmic scalping robot for MetaTrader 4 and 5 uses a five-factor confluence engine to identify trade entries. It monitors RSI extremes, Bollinger Band breakouts, MACD momentum, EMA ribbons, and volume acceleration. The EA employs percentage-based risk management with a strict stop loss and a flexible take prof
BullShift is a MetaTrader 4 expert advisor that functions as a socket server bridge to connect the trading platform with external software applications. It facilitates automated trading in forex and cryptocurrency markets by listening for incoming data on a user-defined port. The EA manages socket connections, handles
GM Remake is an automated trading robot for MetaTrader 4 that executes a multi-stage martingale strategy. It initiates trades based on price breakout logic and manages drawdowns by layering additional positions at user-defined distances. To refine entries, the EA utilizes dual exponential moving averages and MACD trend
This MetaTrader 4 expert advisor functions as a data bridge to external web services. It automatically captures bid and ask prices for specific financial instruments and transmits them to a Python Flask server via HTTP POST requests. The system packages market data into JSON format on every tick and sends it to a confi
This MetaTrader 4 collection provides trade management utilities focused on risk protection. The main expert advisor monitors open positions and automatically applies stop loss levels to orders that lack them, using hardcoded point values for specific assets like XAUUSD, BTCUSD, and US30. It includes a safety feature t
TradeExpert is a multi-functional expert advisor for MetaTrader 4 that combines technical indicator analysis with external data integration. It executes trades using market or limit orders across a wide range of forex pairs and cryptocurrencies. The system features a built-in news filter to manage volatility during eco
Wise Chaos Crypto is an automated trading robot for MetaTrader 4 designed primarily for cryptocurrency markets. It utilizes elements of Bill Williams' Chaos theory, specifically the Alligator indicator and Fractals, to identify entries and manage exits. The system scans a user-defined number of bars for divergent price
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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