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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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59 EAs match Clear filters

ONNX Trading Models

by jsgaston
1 stars

This MetaTrader 5 expert advisor utilizes machine learning via ONNX (Open Neural Network Exchange) models to predict price movements. The system includes specialized versions for major currency pairs including AUDUSD, EURUSD, GBPUSD, and USDCHF. It employs an automated entry logic based on predicted price direction. Ri

MT5 Trading robot AI / machine learning
Updated 8 months ago None stated GitHub repository of ONNX Trading Models
1 stars

This machine learning expert advisor for MetaTrader 5 utilizes ensemble and deep learning models to analyze market patterns. It offers a versatile multi-strategy approach, allowing users to toggle between trend-following, scalping, and grid-hedging behaviors. Risk controls are comprehensive, featuring fixed percentage

MT5 Trading robot AI / machine learningMulti-strategyScalping High risk
1 stars

This MetaTrader 5 expert advisor utilizes a multi-layer perceptron neural network to enhance statistical arbitrage strategies. It periodically scans major currency pairs to identify high correlation relationships across multiple lookback windows. Trade signals are generated based on a confidence threshold derived from

MT5 Trading robot ArbitrageAI / machine learningMean reversion

Adaptive Forex AI Trader

by chanalvarez
1 stars

Adaptive Forex AI Trader is a MetaTrader 4 expert advisor designed for automated trading across various currency pairs and gold. It incorporates machine learning, candlestick pattern recognition, and multi-timeframe analysis to generate trade signals. Risk is controlled through stop loss and take profit levels, a trail

MT4 Trading robot AI / machine learningMulti-strategyMartingale High risk
Updated 1 year ago None stated GitHub repository of Adaptive Forex AI Trader

TradeExpert

by nguemechieu
1 stars

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

MT4 Trading robot NewsMulti-strategyAI / machine learning High risk
Updated 2 years ago MIT GitHub repository of TradeExpert

Vega Bot

by VegaAISolutions
1 stars

Vega Bot is a MetaTrader 4 expert advisor that executes trades using a price action strategy combined with technical filters like RSI, MACD, and Ichimoku Kumo Cloud. Developed for the EURUSD five-minute timeframe, the system uses ATR for volatility measurement and calculates lot sizes based on a risk percentage. The co

MT4 Trading robot Indicator crossoverTrend followingAI / machine learning
Updated 3 years ago GPL-3.0 GitHub repository of Vega Bot

Prediction App DLL

by LeCray
1 stars

This MetaTrader 5 framework provides tools for integrating machine learning models with algorithmic trading. It features scripts designed to generate training data by exporting price action and technical indicators like RSI, MACD, and Stochastics into CSV formats. The system interfaces with external neural network mode

MT5 Framework & template AI / machine learningTrend following
Updated 5 years ago None stated GitHub repository of Prediction App DLL

QGA SVM Forex

by TerenceLiu98
1 stars

This repository provides a framework for integrating machine learning and quantum physics models with MetaTrader 4 and 5. It aims to implement a Quantum Genetic Algorithm and Support Vector Machine for feature selection and price classification. The system utilizes a ZeroMQ bridge to connect Python 3.8 with the trading

MT4MT5 Framework & template AI / machine learning
Updated 6 years ago BSD-3-Clause GitHub repository of QGA SVM Forex
1 stars

This repository contains a collection of MetaTrader 5 expert advisors developed for various market conditions and strategies. The files include implementations of trend-following systems like the Dunnigan NRTR, signal-based dashboards using multi-indicator confirmation, and experimental artificial intelligence models.

MT5 Collection Trend followingIndicator crossoverAI / machine learning
Updated 7 years ago None stated GitHub repository of MQL5 EA Collection FLCS

XGBoost FX Trading

by ytanaka6174
1 stars

This expert advisor for MetaTrader 4 utilizes a bridge to the R programming environment to implement machine learning for currency trading. It leverages pre-trained XGBoost models to identify trade opportunities based on technical features such as Average True Range, Bears Power, and Bulls Power indicators. The robot m

MT4 Trading robot AI / machine learningScalpingTrend following
Updated 8 years ago None stated GitHub repository of XGBoost FX Trading

Qiita MLFX

by MIJS-FX
1 stars

This MetaTrader 4 expert advisor facilitates automated trading by connecting to Azure Machine Learning. It primarily functions by collecting historical price data for the GBPJPY pair on the 15-minute timeframe and exporting it to local CSV files. The EA utilizes the shell32.dll library to execute external commands and

MT4 Trading robot AI / machine learning
Updated 9 years ago None stated GitHub repository of Qiita MLFX

Learn how to use expert advisors

Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.

  1. 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
  2. 2Using this librarySearch, filters, badges and what our checks do and do not mean.
  3. 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
  4. 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
  5. 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
  6. 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
  7. 7Run an EA 24/7VPS, forward testing on demo and going live small.
  8. 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
  9. 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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