This repository contains a collection of MetaTrader 4 expert advisors and technical indicators focused on automated trading logic. The included robots primarily utilize martingale and grid-based strategies, featuring lot scaling and distance-based order layering. Entry signals are generated through indicators like Boll
Synced with GitHub · updated hourly
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 61Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 41Utility 1
Strategy
Nexus EA is a scalping robot for MetaTrader 4 that identifies trade opportunities based on price volatility relative to historical bar averages. It monitors the current bar movement and executes trades when price displacement exceeds a set threshold within specific hours. Risk management is handled through dynamic lot
This MetaTrader 5 expert advisor implements a counter-trend scalping strategy using price envelopes. The robot calculates an exponential moving average and applies a percentage-based deviation to create upper and lower bands. It enters trades when the price closes outside these bands, targeting a reversal. Positions ar
This repository contains a collection of MetaTrader 4 expert advisors, with a primary focus on the XMT-Scalper system. The software implements a tick-scalping strategy that identifies reversals from channel breakouts using indicators such as Bollinger Bands and Moving Averages. It includes risk management features incl
Ray Scalper is an automated expert advisor for MetaTrader 4 that uses technical indicators to trade both trend-following and counter-trend strategies. It monitors Bollinger Bands, Moving Averages, and Stochastic crossovers to trigger entries. The robot allows users to toggle between trend and anti-trend modes and inclu
This repository features a collection of MetaTrader 4 expert advisors designed for various trading approaches. The included M5_M30integral EA utilizes moving average crossovers across multiple timeframes for trend detection. Other scripts employ envelope scalping at specific standard deviations and Bollinger Band strat
Scalpy is an automated scalping robot for MetaTrader 4 that utilizes multiple Exponential Moving Averages across different timeframes to identify entry signals. The system analyzes the 8 and 21 EMAs on the H1 timeframe for trend anchoring while using the 8, 13, and 21 EMAs on the M5 chart for execution. It includes a m
XSpark is a modular automated trading framework for MetaTrader 5 that prioritizes capital protection and risk management. It includes a collection of distinct Expert Advisors covering various methodologies: a trend-pullback scalper, candle momentum tracking, Smart Money Concepts (SMC), and ICT liquidity models. The sys
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
MATE Apex Scalper is a MetaTrader 5 expert advisor designed for scalping major forex pairs and gold. It employs a multi-symbol confluence strategy, filtering entries based on triple exponential moving average alignment, RSI levels, and Bollinger Band rejections on the M5 and M15 timeframes. The robot manages trades usi
SpeedPanel is a manual trading utility for MetaTrader 5 designed to streamline scalping operations. It provides an on-chart interface that displays live bid and ask prices, spreads, and floating profit or loss. Users can execute market orders with pre-defined lot sizes tailored for instruments like USDJPY and XAUUSD. T
Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a
Smart Trader Forex is an automated expert advisor for MetaTrader 5 that employs dual strategies for trend following and mean-reversion scalping. It monitors over 15 currency pairs simultaneously using a multi-symbol scanner and a signal quality filter. Risk management includes ATR-based stop losses, trailing stops, and
Zyb EA Collection offers various MetaTrader 4 and 5 expert advisors that implement breakout, scalping, and grid-based trading. The primary strategy uses martingale lot scaling with a multiplier, allowing users to configure tiered step distances and position counts. It features price-level restrictions to prevent buying
FX Volume80 Trend Highway Runner is a multi-strategy scalping robot for MetaTrader 5, optimized for the M1 timeframe. It employs a weighted scoring system that evaluates candlestick patterns, ADX momentum, and market structure to identify entries. The EA features specialized logic for trend continuation and mean-revers
This MetaTrader 5 expert advisor executes multiple trading strategies simultaneously, allowing users to allocate capital percentages between different modules like high-frequency trading, scalping, and custom XBTFX logic. It includes comprehensive risk management features such as a maximum daily loss percentage, per-tr
Scalp Gold EA is a MetaTrader 5 robot primarily optimized for XAUUSD and major forex pairs. It employs a multi-tiered entry system that selects risk levels based on setup confluence and H4 trend alignment via moving averages. Entries are further filtered by ADX momentum and volatility checks. The EA manages risk with a
GoldPulse BurstTrend is an automated trading robot for MetaTrader 5 designed to capture momentum within established trends. It employs a multi-timeframe logic, analyzing the H1 and M5 periods for overall bias while using the M1 timeframe for trade execution. The system filters entries using EMA crossovers, ADX strength
This repository contains a collection of MetaTrader 5 expert advisors focusing on various automated strategies. Notable files include a liquidity sweep scalper, an opening range breakout tool, and an index arbitrage EA. The primary liquidity sweep EA uses price action filters like candle size and wick ratios alongside
UltraHFT Expert Advisor is a high-frequency scalping robot for MetaTrader 5 that combines five strategy layers including EMA crossovers, RSI mean reversion, and volatility breakouts. It evaluates market conditions on every tick, entering trades when multiple signals align. The system employs strict risk controls with h
This MetaTrader 5 repository contains a collection of expert advisors centered on opening range breakouts and statistical mean reversion. The primary breakout tool defines trading zones based on specific time intervals and executes trades using price bias or candle closes. It incorporates robust risk management feature
Rebelion Digital FX is an automated trading expert advisor for MetaTrader 5 that employs a multi-indicator strategy combining Exponential Moving Averages, RSI, and MACD for trend confirmation. It supports specific optimized parameters for Gold and major currency pairs. The EA includes comprehensive risk controls such a
This repository provides a collection of expert advisors for MetaTrader 5, featuring various technical strategies. The primary implementation is the Trading Made Simple system, which utilizes Hull Moving Average crossovers, Heiken Ashi candles, and Stochastic filters to identify entry signals. Other included robots foc
This repository provides a collection of MetaTrader 5 Expert Advisors, featuring the Milyoner AI Project and Titanium Omega series. The primary EA uses an AI-weighted scoring engine to combine technical indicators like adaptive moving averages with price action analysis, including candle patterns and Smart Money Concep
This MetaTrader 5 expert advisor executes a breakout scalping strategy, primarily designed for major currency pairs like EURUSD and GBPUSD on the M5 timeframe. It identifies trading opportunities using swing detection over a specific number of bars and places pending stop orders at calculated distances. The EA includes
This collection of Expert Advisors for MetaTrader 5 provides high-frequency scalping and multi-strategy automated trading across multiple currency pairs. The robots utilize a signal scoring system based on moving average crossovers, RSI momentum, Bollinger Band breakouts, and MACD signals. The suite includes a dedicate
EA Ak47 Hybrid is a modular scalping expert advisor for MetaTrader 5, specifically optimized for gold markets. It generates signals using the Relative Strength Index filtered by an Exponential Moving Average trend component. The EA includes secondary filters for ATR volatility, MACD momentum, and Stochastic oscillators
My Tbots Tesoro Gold is a MetaTrader 5 expert advisor designed for scalping, primarily targeting XAUUSD on the five-minute timeframe. The robot utilizes a combination of three smoothed moving averages, the Relative Strength Index, and Williams Fractals to execute trend-following entries. Risk controls include fixed lot
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
This MetaTrader 5 expert advisor is a buy-only scalping system that utilizes three parallel trading engines based on Average True Range volatility filters. It enters trades when volatility falls within specific thresholds and the current price is within a defined range below weekly resistance levels. The system feature
Long Tail Scalper is a MetaTrader 5 expert advisor designed for trend-following strategies with a focus on surviving ranging markets. It implements a fixed reward-to-risk ratio and a dynamic grid-based system to manage position entries and exits. The robot utilizes a progressive lot sizing sequence to recover during ma
This MetaTrader 5 expert advisor is designed for EURUSD trading using moving average crossovers and candlestick pattern detection. It features a scalping mode and dynamic stop loss and take profit calculations that can optionally account for market volatility. Risk is controlled through fixed USD profit and loss target
Advanced Scalping Multi EA is a multi-strategy scalping robot for MetaTrader 5 that integrates multi-timeframe momentum, smart money concepts, and pattern recognition. It calculates a signal confidence score based on RSI, EMA crossovers, MACD, and institutional flow tracking. The expert advisor offers four distinct mod
This repository provides a collection of automated trading systems for MetaTrader 4 and 5. The expert advisors utilize various technical indicators, including ADX, DMI, RSI, and Heiken Ashi, to determine market entry points. Some strategies are based on price action from previous candle directions. Trade management fea
This expert advisor for MetaTrader 5 implements a Smart Money Concepts strategy focused on automated order block detection. It identifies market entries by scanning historical bars for specific price action patterns. The robot includes built-in risk management that calculates lot sizes based on a percentage of account
Scalping Master is an automated trading robot for MetaTrader 4 designed for short-term execution. It utilizes a technical strategy based on Exponential Moving Average crossovers combined with Relative Strength Index levels. The expert advisor features a dedicated quick scalping mode with tight targets and automated tra
This repository provides a collection of MetaTrader 5 expert advisors focused on Smart Money Concepts and Inner Circle Trader methodologies. The included bots automate various trading models such as the Next Day Model, New York session range trading, and Fair Value Gap entries. Each tool utilizes multi-timeframe analys
The BU ATR Breakeven Engulfing is a MetaTrader 4 robot that executes trades based on candlestick price action and volatility indicators. It identifies entry points using bullish and bearish engulfing patterns, which are then filtered through the Relative Strength Index to confirm momentum. The system incorporates dynam
This MetaTrader 5 expert advisor implements a breakout scalping strategy by placing pending buy and sell stop orders relative to recent price extremes. It identifies entry levels by analyzing highs and lows over a user-defined number of bars. The robot includes built-in risk controls such as hard stop loss and take pro
Santos HFT is an automated trading robot for MetaTrader 4 designed for high-frequency execution based on bid-ratio imbalances. The system analyzes price dynamics across multiple timeframes, specifically looking for percentage-based triggers on M1 through H4 intervals to identify entry points. It includes support for a
This repository contains a collection of MetaTrader 5 expert advisors created to test various trading concepts. The included bots trade diverse markets, utilizing indicators like moving averages, Bollinger Bands, Stochastic, and VWAP. The primary highlighted expert advisor executes trend-following trades on gold using
HFT Illusion is a MetaTrader 4 expert advisor that employs a multi-factor trigger system based on market sentiment and volatility metrics. It evaluates data points including BidRatio, Buy/Sell Ratio, Relative Strength, and Average Daily Range across various timeframes to identify trade entries. The robot supports autom
This MetaTrader 4 repository provides a collection of legacy expert advisors, headlined by the MegaDroid Pro XE. These files are curated for educational study and represent older MQL4 development styles. The main robot is a session-based scalper designed for specific forex pairs like EURUSD. It includes specialized ris
This repository contains a large collection of over fifty MetaTrader 4 expert advisors, many of which are generated using the fxDreema visual development platform. The library covers a diverse range of strategies including gold scalping, candle-based robots, news filters, and grid management tools. Risk controls vary b
This MetaTrader 4 expert advisor implements a latency arbitrage strategy by monitoring price discrepancies across multiple ECN brokers and liquidity pools. It tracks bid and ask prices for twenty-three currency pairs in a high-speed loop, identifying instances where prices diverge significantly across different platfor
Ea Scalp Three is an automated scalping robot for MetaTrader 4 that uses recent price action to determine market direction. It analyzes the closing prices of the three most recent candles on the one-minute timeframe to detect momentum. The software opens a buy position when bullish momentum is identified and a sell pos
This repository contains a collection of MetaTrader 4 expert advisors, primarily focused on grid and martingale strategies. The featured Ilan-TrioKS system uses automated lot scaling with a multiplier to manage series of trades. It opens positions at fixed pip intervals and aims to exit the entire basket at a calculate
Jaibot is a MetaTrader 4 expert advisor designed for scalping on the M15 timeframe. The software monitors a wide range of forex pairs, scanning for opportunities every five minutes via a timer-based function. It includes built-in Telegram integration using an external library to provide remote notifications and status
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers