This MetaTrader 4 expert advisor executes trades based on a combination of Relative Strength Index and Moving Average indicators to identify key entry levels. It includes multiple order management features such as a trailing break-even stop and a four-stage partial profit-taking system. Risk management is handled throu
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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
Strategy
SR Expert is a MetaTrader 4 robot that executes trades based on price reversals at support and resistance levels. It determines key levels by analyzing daily high and low price data to calculate dynamic trading intervals. The expert advisor features automated position sizing calculated as a percentage of the account ba
Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti
MyRandom is a proof-of-concept expert advisor for MetaTrader 4 and 5 that executes trades in random directions. Developed for educational purposes and backtesting research, the robot enters a position after a user-defined number of bars have passed. It includes standard risk management controls such as fixed lot sizing
AlgoMaster NNFX is an algorithm development and testing system for MetaTrader 4 and 5, built specifically to implement the No Nonsense Forex (NNFX) trading methodology. It enables users to test trading logic across 28 major forex pairs while managing complex factors like currency exposure, news events, and market volat
This repository is a collection of various MetaTrader 4 expert advisors, featuring the WallStreet Forex Robot along with other tools like SteadyWinner and IndoRun. The primary EA utilizes technical indicators such as Moving Averages, CCI, and Williams' Percent Range to execute trades on the M15 timeframe. It includes c
This expert advisor for MetaTrader 5 automates trade entries using a combination of Relative Strength Index (RSI), Money Flow Index (MFI), and multiple Moving Average periods. It identifies potential entry points based on overbought and oversold thresholds, specifically looking for RSI values below 30 or MFI values bel
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
Advanced Multi Currency Scalper is a MetaTrader 5 robot designed to monitor and trade multiple forex pairs simultaneously from a single instance. The strategy is based on Bollinger Bands, using period and deviation settings to identify potential entry points. Each currency pair is managed independently with its own set
This MetaTrader 4 expert advisor automates trading on the foreign exchange market, with specific testing historicals for GBPUSD on the five-minute timeframe. It focuses on intraday logic, allowing users to define specific trading windows and maximum daily trade limits. Risk controls include dynamic lot sizing based on
This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l
This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach. It synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fib
This educational expert advisor for MetaTrader 5 serves as a study tool for algorithmic trading. It executes a simple moving average crossover strategy, comparing fast and slow exponential moving averages on a five-minute timeframe. The system includes entry filters like a maximum spread threshold and a new-bar executi
Code To Cash is an end-to-end algorithmic trading system for MetaTrader 5 that combines deep learning forecasts with technical breakout logic. It utilizes a ZeroMQ bridge to receive real-time market predictions from an external Python backend. The system enters trades using BuyStop or SellStop orders at recent price ex
This repository is a substantial collection of nearly five hundred Expert Advisors for the MetaTrader 5 platform. The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based
This MetaTrader 5 collection features several expert advisors and utility tools based on various technical analysis methods. The primary strategy uses Ichimoku Kinko Hyo components, specifically Tenkan-sen, Kijun-sen, and Senkou Span B, to identify trend-based entries. Additional bots in the repository utilize moving a
This MetaTrader 5 expert advisor is designed for high-impact news trading on the forex market. It uses a straddle strategy, placing buy stop and sell stop pending orders at specific pre-set times before news releases. The EA supports multiple layered entries, often referred to as barcode entries, at fixed pip distances
This educational expert advisor for MetaTrader 4 and 5 demonstrates a logic for scaling into winning positions. It utilizes a simple moving average crossover strategy for initial trade entries. The primary feature is a function that detects when a current position has reached a specific profit target to trigger additio
This MetaTrader 5 expert advisor executes a counter-trend strategy utilizing Bollinger Bands and the Slow Stochastic oscillator. Developed as part of academic research into deep learning and technical analysis, the robot incorporates Heiken Ashi filtering to identify market extensions and doji candles. It manages risk
Harey is a MetaTrader 4 expert advisor designed to trade mean-reversion setups using a combination of the Relative Strength Index (RSI) and Stochastic indicators. The system triggers trades when both indicators reach their respective overbought or oversold zones simultaneously. It manages risk through user-defined stop
This repository is a comprehensive collection of over 500 MetaTrader 4 expert advisors, including various third-party robots and specialized trading tools. The library contains a wide range of strategies such as trend following, scalping, and grid trading. Individual files like the Ultimate Trader EA utilize historical
This MetaTrader 5 expert advisor executes a grid trading strategy enhanced with martingale lot scaling. The system identifies market direction through multi-timeframe analysis using Exponential Moving Averages and the Average Directional Index. It features dynamic grid spacing that adjusts based on market volatility an
High Frequency Grid EA is an automated trading robot for MetaTrader 5 that implements a mean-reversion strategy through a grid of pending orders. It places buy and sell stop orders at calculated distances, using dynamic spread monitoring to ensure execution only during favorable conditions. The EA includes a trailing s
This MetaTrader 5 expert advisor integrates machine learning into forex trading by establishing a socket connection between the terminal and a local server. The system consists of a data scraper to collect market history and a trading agent that executes orders based on external model predictions. It handles entries us
One-Click Trade Pro is a position management and execution panel for MetaTrader 4. It provides a robust graphical interface to open market and pending orders with one click. Users can execute trades via standard buttons, chart-based lines, or opposite order distance settings. The tool calculates optimal lot sizes based
Three Bar Play EA is a MetaTrader 4 robot designed for scalping based on three-bar price action patterns, specifically confirmations and reversals. The system manages risk by limiting execution to three trades per day and calculating position sizes based on a 2% account balance risk model. Upon identifying a setup, it
Aninditha EA is a modular framework for MetaTrader 5 focused on automated forex trading, market analysis, and trade management. Developed for the North Sulawesi community, the codebase organizes its functionality through external include files for analysis, execution, and management logic. The provided repository is in
This repository contains a collection of MetaTrader 5 expert advisors, primarily featuring the Signal Poller EA series alongside standard indicator-based robots. The system is designed for high-leverage environments, specifically targeting gold, bitcoin, forex, and indices. It utilizes an external signal push architect
This MetaTrader 4 repository contains a large collection of automated trading systems, including scalpers, grid bots, and trend-following tools. The primary expert advisors utilize indicators such as Bollinger Bands and Average True Range (ATR) for entry and exit signals. Risk management features include percentage-bas
Amin Multi Strategy Bot is an automated trading system for MetaTrader 5 designed for the forex market. It uses a multi-timeframe approach that integrates technical analysis, candlestick pattern recognition, and price level detection. The expert advisor is constructed with modular components, including a signal manager,
HFT Arbitrage EA is a latency arbitrage system designed for MetaTrader 4 and MetaTrader 5. It operates by comparing price feeds between a fast data source and a slower broker terminal to exploit execution lags. The system utilizes a socket library for real-time communication between server and client components. Risk m
This MetaTrader 5 expert advisor implements an automated trend-following system based on the combination of Average True Range and Moving Average indicators. Built using the modular EA31337 framework, it identifies market direction and volatility to determine trade entries. The robot supports concurrent analysis across
This news management utility for MetaTrader 5 protects accounts during high-impact economic events by monitoring the ForexFactory calendar. It automatically disables algorithmic trading and manages open positions according to pre-defined schedules before and after news releases. The tool can close active trades, delete
This Expert Advisor for MetaTrader 5 implements a breakout strategy centered on a user-defined time range. It calculates the high and low prices within a specific session to place multiple pending orders at a set distance from the range boundaries. The system utilizes three separate take-profit targets for each directi
This MetaTrader 5 expert advisor executes a mean reversion strategy based on price deviation from a Simple Moving Average. It enters short positions when prices rise above the average and long positions when prices fall below. The algorithm utilizes an aggressive grid-based recovery system where both the entry distance
This MetaTrader 4 expert advisor implements a flexible strategy based on the directional consensus of multiple technical indicators. It allows users to combine Moving Averages, Stochastic Oscillators, THV3 T3, Babon Slope, and AMA Optimized modules. A trade is initiated only when all selected indicators align in the sa
Snipe FX Pro is a MetaTrader 5 expert advisor designed for high-frequency tick scalping, primarily pre-configured for XAUUSD. It utilizes a virtual stealth execution system to manage entries and exits without placing hard stops on the broker's server until necessary. The EA enters trades based on price breakouts or pul
This MetaTrader 5 expert advisor executes a breakout strategy based on specific three-day candlestick patterns. It identifies sequences of 'Up' or 'Down' days to trigger pending orders above or below the previous day's range. The EA manages entries using Buy Stop and Sell Stop orders with a configurable liquidity dista
Forex News Killer is a risk management utility for MetaTrader 4 designed to protect accounts from volatility during high-impact economic news. The tool monitors real-time calendars and automatically intervenes based on user-defined time buffers before and after events. It can close open positions, remove pending orders
Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs. The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe t
This MetaTrader 5 expert advisor implements Smart Money Concepts and the ICT Silver Bullet strategy, specifically optimized for XAUUSD. It executes trades on the M15 timeframe after confirming trend alignment on H4, H1, and M30 charts using exponential moving averages. The robot evaluates trade setups based on fair val
This collection provides MetaTrader 5 Expert Advisors sourced from MQL5 programming documentation. The primary tool, Unity Martingale, implements a multi-currency reversal strategy using breakout or pullback signals. It employs a martingale lot-scaling system that increases positions after losses based on a user-define
This MetaTrader 5 expert advisor provides a versatile framework for trading based on Heiken Ashi price action. It allows users to toggle between numerous built-in strategies, including trend following, moving average crossovers, Fibonacci levels, and various oscillators like RSI and MACD. The system includes an option
This repository provides a collection of MetaTrader 5 expert advisors based on Smart Money Concepts and ICT methodologies. The tools implement price action strategies including Fair Value Gaps, Market Structure Shifts, and the Next Day Model. Each EA handles trade execution with automated risk-based lot sizing and conf
This MetaTrader 5 expert advisor provides a basic implementation of the Martingale strategy for forex markets. It initiates trades using a base lot size and applies a multiplier after losses to recoup previous deficits, utilizing fixed stop loss and take profit levels for exit management. The logic is extremely minimal
This expert advisor for MetaTrader 4 implements a mean reversion strategy primarily targeted at the GBPUSD pair. It automates trade execution by identifying price patterns and entering positions with predefined risk parameters. The bot manages exits through a hard stop loss, a target take profit based on a user-defined
This MetaTrader 5 expert advisor utilizes a multicurrency strength system to identify trading opportunities by comparing relative currency values. It calculates strength based on a configurable lookback period, typically using H4 data, and includes triangular weighting and smoothing options. The robot manages exits usi
This collection for MetaTrader 5 provides several expert advisors based on classic technical indicator strategies. The primary algorithms utilize Triple and Double Moving Average crossovers filtered by ADX values to confirm trend strength before entry. A secondary strategy uses RSI-filtered engulfing candle patterns. R
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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