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
Synced with GitHub · updated hourly
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 12Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 14Utility 1
Strategy
This MetaTrader 4 expert advisor executes trades based on momentum oscillators, trend filters, and price action patterns. It utilizes a Stochastic oscillator alongside multiple Exponential Moving Averages to identify entry points in alignment with the prevailing trend. The logic incorporates candlestick analysis, speci
This collection for MetaTrader 4 contains over eighty expert advisors and scripts primarily focused on Bollinger Band breakout strategies. The repository includes numerous variations for fixed lot sizes and specific money management settings. The included logic covers price action relative to moving averages and volati
This repository is a collection of MetaTrader 4 expert advisors and indicators focused on aggressive trading strategies. The primary expert advisor uses a grid-based approach with martingale lot scaling to manage positions. It features multiple entry logics, including Bollinger Bands, Exponential Moving Averages, and m
This MetaTrader 4 expert advisor automates trading using a combination of trend-following and mean-reversion indicators. It executes trades based on the crossover of two Exponential Moving Averages, filtered by Relative Strength Index levels and Bollinger Band boundaries. The robot enters a position when an EMA crossov
Falcon D is a MetaTrader 4 expert advisor designed for the H1 timeframe, focusing on price retracement entries filtered by technical indicators. It opens positions when price deviates significantly from the daily start point in opposition to the established trend. The system incorporates filters including a long-period
This Expert Advisor for MetaTrader 4 executes trades based on the confluence of Relative Strength Index levels and Moving Average crossovers. It enters long positions when the RSI is oversold and a fast exponential moving average crosses above a slow one, and short positions when the RSI is overbought during a downward
This repository offers a collection of MetaTrader 4 expert advisors focused on technical indicator triggers and price action. The suite includes tools for trading moving average crossovers, ADX momentum, and Stochastic oscillators. A dedicated EA identifies specific candlestick patterns such as Three White Soldiers and
Tre Boll Trend is a MetaTrader 4 Expert Advisor designed to identify and trade market trends using multi-timeframe Bollinger Band analysis. The system processes data from timeframes ranging from five minutes to one day, calculating advanced metrics such as price velocity, acceleration, and standard deviation. It monito
This MetaTrader 4 expert advisor implements a multi-strategy approach for trading various currency pairs and gold. It combines technical indicators including Moving Averages, RSI, Bollinger Bands, and ADX with price action concepts such as support, resistance, and engulfing patterns. The EA features risk management too
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
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
This MetaTrader 4 expert advisor automates trading strategies based on the Relative Strength Index (RSI) and moving average logic. It identifies potential entry points when the RSI reaches specific overbought or oversold levels, supported by a moving average filter. The robot includes essential risk management controls
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
This repository provides a collection of over 100 expert advisors for MetaTrader 4 and MetaTrader 5, produced using the Forex Strategy Builder software. The robots are configured for specific forex pairs including GBPUSD, USDJPY, and EURAUD on low timeframes. Trading logic typically combines multiple technical indicato
This MetaTrader 4 expert advisor automates a trend reversal strategy based on price action patterns and technical indicators like ZigZag, MBFX, and Moving Averages. It features a dashboard to monitor multiple pairs, identifying setups such as pin bars and trendline breaks near support and resistance levels. Trade manag
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 strategy combining trend-following moving averages with the Relative Strength Index for entry timing. The robot initiates buy orders when a fast moving average sits above a slow moving average, provided the RSI reflects an oversold state and price action confirms the moment
This repository provides a collection of MetaTrader 4 expert advisors centered on trend-following and hedging mechanics. The primary Trend EA identifies market entries using moving average crossovers, stochastic oscillators, and MACD indicators. Risk is managed through percentage-based equity lot sizing and pair-specif
This MetaTrader 4 expert advisor utilizes a modular approach to automated trading, offering multiple selectable strategies including trend-following, RSI mean-reversion, and moving average crossovers. It calculates entries using indicators like ADX, Stochastic, and Hull Moving Averages. Risk management is handled throu
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 contains a collection of MetaTrader 4 expert advisors and utility scripts for the Forex market. The primary expert advisor combines ADX momentum, Stochastic oscillators, and candlestick patterns, such as Doji and Engulfing candles, to identify trade entries. It features automated lot sizing based on acc
This MetaTrader 4 repository contains a collection of trading systems, primarily featuring the Gold Digger expert advisor. The main strategy identifies entry points using multiple Bollinger Band deviation levels filtered by RSI and Stochastic oscillators. It is designed for mean-reversion or trend reversal setups, util
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
This MetaTrader 4 repository contains a collection of expert advisors based on common technical indicators. The primary expert advisor, Kernsy HA Swing, utilizes Heiken Ashi candles alongside a Simple Moving Average to determine the prevailing trend and uses a Stochastic oscillator for entry signals. Other robots in th
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers