A trend-following trading robot for MetaTrader 5 that utilizes technical indicators and recovery lot scaling. It generates entry signals using a combination of the SuperTrend indicator, Exponential Moving Averages (EMA), and ADX filters. The expert advisor features a martingale-style lot multiplier that increases posit
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
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Trading robot 82Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 95Utility
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This repository contains a collection of MetaTrader 4 expert advisors based on classic technical analysis and price action patterns. The robots utilize various strategies such as engulfing candles, pinbars, Heikin Ashi trends, and moving average crossovers. Risk management settings across the files include stop loss, t
This MetaTrader 5 expert advisor serves as a template for multi-pair trading systems using a dual Moving Average crossover strategy. It is designed to execute trades across multiple symbols from a single chart based on a user-defined list of currency pairs. The EA includes risk management tools such as a trailing stop,
EA Sofia is an automated trading robot for MetaTrader 4 that implements a grid-based martingale strategy. It is designed to operate on the M5 timeframe, specifically targeting ranging currency pairs. The EA enters trades and manages positions by layering orders at fixed or incremental distances, using a multiplier to i
Forex Winner EA is an automated trading robot for MetaTrader 4 that utilizes Relative Strength Index boundaries and volatility calculations to identify entry points. It employs a martingale-style recovery strategy, using a lot multiplier to scale positions after losses. The EA includes risk management controls such as
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
MintyGrid is an automated trading robot for MetaTrader 5 that employs a grid-based strategy without relying on technical indicators or market averages. It enters positions immediately and manages losing trades by layering additional orders at specific intervals. The expert advisor utilizes martingale and reverse-martin
Forex Trading Robot is a collection of MetaTrader 5 expert advisors that implement various technical strategies, including trend-following and hedging approaches. The core logic utilizes Exponential Moving Averages and the Average True Range indicator to identify market volatility. It employs a martingale lot scaling s
This automated expert advisor for MetaTrader 4 and MetaTrader 5 utilizes a strategy inspired by the Never Losing Formula. It employs technical indicators including the Stochastic Oscillator, Relative Vigor Index, and Envelopes to identify market entries. To manage trades, the EA incorporates a secondary entry mechanism
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
Trends Followers is a MetaTrader 4 expert advisor that executes trades based on trend analysis, support and resistance levels, and news events. The robot manages entries using a trend-following approach and allows users to set a minimum trade duration to avoid premature exits. It includes risk management controls to li
This repository is a collection of several MetaTrader 4 expert advisors, including robots based on RSI and MACD crossovers, engulfing patterns, and pending order strategies. The primary code provided utilizes a combination of the Relative Strength Index (RSI) for overbought and oversold detection and Moving Average Con
This MetaTrader 4 expert advisor implements a counter-trend strategy based on RSI trendline breakouts and price prediction indicators. It enters trades when the RSI breaks out of support or resistance lines and manages positions using a grid-based approach. The system layers limit and stop orders at fixed intervals, em
This MetaTrader 4 expert advisor provides automated forex trading using a grid-based strategy. The robot enters trades based on time-restricted windows and manages them using a martingale lot scaling mechanism. Users can configure the lot multiplier, the distance between grid levels, and a maximum level limit. For risk
This MetaTrader 5 expert advisor executes a grid-based trading strategy, specifically tailored for gold but applicable to other instruments. It functions by opening initial buy and sell positions and subsequently placing a sequence of limit orders at specified intervals. The system manages risk through a configurable g
This MetaTrader 4 expert advisor implements a multi-strategy framework for automated trading across various symbols. It incorporates several technical entry signals, including Ichimoku, Bollinger Bands, and ADX-filtered logic. The EA provides multiple trade management options, explicitly including martingale lot scalin
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
Ultima is a trend-following expert advisor for MetaTrader 4 that utilizes moving average crossovers and the Average Directional Index to identify market momentum. Generated via a template builder, it monitors the relationship between multiple exponential moving averages and a long-term simple moving average. The EA inc
This MetaTrader 4 repository provides a collection of expert advisors, featuring the IBandEA system designed for gold trading on the 5-minute timeframe. The robot executes trades based on price deviations from a central indicator line and specific candle high-low ranges. It incorporates risk management through a lot si
This repository provides a collection of MetaTrader 4 expert advisors and libraries designed to integrate with the 4xlots risk management web service. The collection includes various trading robots such as a trend-following system, a double SMA crossover strategy, and a Martingale-based EA. It focuses on dynamic risk c
This repository is a collection of over forty MetaTrader 4 expert advisors covering various trading styles and market conditions. It features the EA31337 multi-strategy framework alongside specialized bots for currency strength, New York session breakout patterns, and Heikin Ashi trend following. The collection include
This repository contains a collection of MetaTrader 4 and MetaTrader 5 expert advisors focused on multi-indicator signal processing. The logic evaluates market conditions by aggregating data from Moving Averages, ADX, Accelerator Oscillator, Volume, and Momentum indicators across several timeframes such as M5, M15, and
Proper Bot is a MetaTrader 4 expert advisor that utilizes a triple moving average crossover for trend detection combined with a manual grid management system. It filters entries based on volume and specific price levels. When a trade moves against the initial position, the EA opens additional orders at predefined point
First Robot is a MetaTrader 4 expert advisor designed as a basic testing script. The robot enters buy positions when no existing orders are detected, utilizing a randomized logic for initial execution. It features an aggressive martingale lot scaling system that increases the volume of subsequent trades following losse
This repository is a collection of over 50 expert advisors for MetaTrader 4 generated using StrategyQuant. Each EA follows a standardized template for risk management, including user-defined stop loss and take profit ranges, fixed or percentage-based position sizing, and maximum lot limits. The tools provide extensive
Krikor is a MetaTrader 4 robot that uses a combination of technical indicators and a grid-based recovery system to manage trades. It determines entries using a Relative Strength Index (RSI), Moving Averages, Average Directional Index (ADX), and a custom ZigZag indicator. The strategy employs martingale lot scaling, inc
This repository contains a collection of MetaTrader 4 expert advisors, with a primary focus on Renko-based trading strategies. The core EA utilizes dual exponential moving averages and candle color patterns to identify trend entries. Risk controls include adjustable stop loss, take profit, break-even logic, and trailin
This collection for MetaTrader 4 features several automated trading scripts, with the Eternal EA serving as the primary component. The system implements a hedging strategy by opening simultaneous buy and sell positions. It manages these trades using user-defined price gaps and closes positions once a specific number of
This repository provides a collection of MetaTrader 4 expert advisors, with a primary focus on the Dreamguy MaCrossMarti system. The EA initiates trades based on fast and slow moving average crossovers, utilizing a long-period moving average for trend filtering. It manages positions through a grid-based approach and ma
ZBlue is a MetaTrader 4 expert advisor designed for forex trading using a Martingale-style recovery strategy. It initiates a starting position and adds subsequent trades at increasing pip intervals if the market moves against the initial entry. The EA manages both buy and sell directions independently. It uses a tiered
This repository contains several MetaTrader 4 and 5 expert advisors, primarily focusing on multi-symbol basket trading and automated position management. The main EA allows users to trade up to six currency pairs simultaneously with predefined directions. It features a mechanism to add positions based on fixed distance
This MetaTrader 4 expert advisor is an automated grid trading system that utilizes a variety of indicators including Moving Averages, CCI, Bollinger Bands, and MACD for trade entries. It employs a martingale-style lot multiplier to manage position sizing across sequential grid levels. The software includes risk control
B4 is an automated trading robot for MetaTrader 4 that utilizes a grid-based strategy with martingale lot scaling. It employs multiple technical indicators, including Moving Averages, CCI, Bollinger Bands, Stochastic, and MACD, to determine market entry points. The EA features comprehensive risk management controls suc
ETTrading is a collection of MetaTrader 4 expert advisors featuring a primary channel-based scalping robot and several standard indicator-driven strategies including MACD and Moving Average crossovers. The core automated system utilizes a channel formed by moving averages to identify entry points, primarily targeting s
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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