This repository features a collection of trading tools for MetaTrader 5 and 4, headlined by a comprehensive Trade Manager EA. This manager enables manual execution via keyboard shortcuts and provides automated risk controls, including ATR-based break-even settings and trailing stops. The collection also offers strategy
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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
Trading robot 57Trade managerRisk & protectionNews trading 3Copier & bridgeFramework & templateCollection 37Utility
Strategy
Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
This collection for MetaTrader 5 provides a library and several expert advisors optimized for Renko chart trading. It includes a primary automated robot that executes trades based on Renko bar signals, as well as specific examples for moving average and price crossovers. The included tools offer robust trade management
This repository contains a diverse collection of MetaTrader 5 expert advisors ranging from RSI-based scalping robots to multi-timeframe trend following systems. The EAs utilize various technical indicators including EMA crossovers, MACD momentum, and ATR for volatility-based exits. The core logic often incorporates mul
This MetaTrader 5 expert advisor implements a box breakout strategy designed for the foreign exchange market. The robot identifies price ranges during specific time windows and enters trades upon a breakout. It features a trend filter using fast and slow moving averages to align entries with broader market direction. R
Prop Firm EA Fleet is a collection of MetaTrader 5 robots designed for passing prop firm evaluations and managing funded accounts. The suite utilizes various strategies including market structure analysis, session range breakouts for London and New York sessions, and high-frequency scalping. It features strict risk man
Binario is a breakout expert advisor for MetaTrader 4 and 5 that utilizes a price channel constructed from two moving averages of the same period. By default, it uses a 144-period exponential moving average applied to both highs and lows. It enters trades when the price moves outside this band by a predefined pip dista
This MetaTrader 5 expert advisor identifies price accumulation zones to execute breakout trades based on consolidation ranges. The robot calculates a box area using a specified number of candles and enters positions when price moves outside these boundaries. It includes comprehensive trade management features such as f
This repository is a large collection of over 1,000 expert advisors designed for the MetaTrader 5 platform. It serves as an open-source library featuring various algorithmic trading strategies, including moving average crossovers, RSI levels, Parabolic SAR, and range breakouts. The collection provides robots for trend
This MetaTrader 5 expert advisor is designed for news trading by managing pending orders around scheduled economic events. The robot places orders at a specific start time and dynamically shifts their distance from the market price until the news release triggers a breakout. It features a trailing stop that can be exec
This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies for forex markets. A core component is the Gareth Range Breakout, which defines specific time-based price zones and executes trades when price breaks those boundaries. It includes risk controls such as stop loss and take pro
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 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 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 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
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 repository contains an extensive library of MetaTrader 5 expert advisors covering various algorithmic trading methodologies. The collection includes strategies based on Bollinger Bands, Relative Strength Index, moving average ribbons, and swing failure patterns. A core focus is the Ighodalo series for gold and CFD
This collection of Expert Advisors for MetaTrader 5 provides specific automated strategies for Gold, Bitcoin, EURUSD, and Nasdaq. The repository includes modules for ATR breakouts, Bollinger Band mean reversion, and opening range breakouts. Risk management is handled through a three-stage take profit system, automated
Universal Market Hunter is an automated trading robot for MetaTrader 5 that targets Forex, gold, and cryptocurrency markets. It allows users to switch between two main strategies: a Bollinger Band volatility breakout and an engulfing price action pattern using volume confirmation. The system manages risk through ATR-ca
This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
This MetaTrader 5 expert advisor automates trading using Smart Money Concepts (SMC) and Inner Circle Trader principles. It identifies market entries by detecting Order Blocks, Break of Structure, Liquidity Sweeps, and Fair Value Gaps. The system incorporates a confidence scoring algorithm that evaluates signal strength
This MetaTrader 5 expert advisor automates trading based on the Fimathe methodology, a price action technique centered on channel expansions. The software allows users to define a macro channel using specific high and low price points, which it then fractionates into sub-levels for entry and exit signals. It features a
This repository contains a collection of MetaTrader 5 expert advisors and sample codes for various trading strategies. The primary EA, Rompimento Pivot, implements a breakout system utilizing a combination of Relative Strength Index, Average True Range, and Bollinger Bands as filters. It features comprehensive risk con
This repository provides a diverse collection of MetaTrader 4 and MetaTrader 5 expert advisors covering multiple trading methodologies. It includes robots for smart money concepts with fair value gap detection, Joe Ross hook patterns, and volatility-based scalping. The library features specific tools for XAUUSD and mul
This MetaTrader 5 repository provides a suite of algorithmic trading tools known as the Zerith series. The featured SwingGrid EA utilizes ADX trend filters and ATR-based volatility thresholds to execute trades, employing a recovery grid system with dynamic lot multipliers. Other tools in the set cover news straddle bre
A collection of systematic Expert Advisors for MetaTrader 5 designed for session-specific execution. The repository includes multiple specialized engines for strategies such as range reversion, breakouts, and trend following. It features a centralized risk management layer with spread caps, daily loss limits, and conse
KolaTradebot is a MetaTrader 5 expert advisor that executes a multi-asset strategy using Smart Money Concepts and a Global Order Model. It bridges the platform with a Python-based server to analyze market structures like order blocks, fair value gaps, and liquidity sweeps across multiple timeframes. The system includes
Opening Bot is an automated trading robot for MetaTrader 5 that executes an opening range breakout strategy. It identifies the high and low price levels during specific market session starts, such as London, New York, Tokyo, or Sydney. The EA supports three entry models: instant breakout of the range, waiting for a can
This MetaTrader 5 expert advisor implements Inner Circle Trader concepts, specifically focusing on Order Blocks and PD Arrays for trade entries. The robot identifies price action structures including breakouts, range-based patterns, and Fibonacci extensions. For risk management, it utilizes ATR-based stop losses, trail
This automated expert advisor for MetaTrader 5 implements a mean-reversion strategy based on Asian session price ranges. It identifies the high and low levels during specific Asian trading hours and monitors for a price breakout. Instead of trading the breakout momentum, it enters a position when price returns inside t
This Expert Advisor for MetaTrader 5 combines a London session breakout strategy with an Inverse Fair Value Gap (IFVG) trend continuation model. Designed for the EUR/USD M5 timeframe, it identifies price ranges during predefined morning hours to set pending breakout orders while simultaneously monitoring Smart Money Co
This repository is a diverse collection of MetaTrader 5 Expert Advisors, featuring nearly 100 different scripts sourced from various origins. The library includes automated robots based on standard indicators like Bollinger Bands, MACD, Stochastics, and moving average crossovers, as well as channel trading systems and
This collection for MetaTrader 5 provides several automated Expert Advisors designed for various symbols including forex, gold, and indices. The repository features Mecha Godzilla, a grid trading system using ATR-based spacing and bidirectional orders, alongside specialized bots for Asian session breakouts and H4 trend
This repository contains a collection of MetaTrader 5 expert advisors focused on advanced quantitative and machine learning techniques. The featured EA utilizes a technical summary approach inspired by TradingView, combining moving averages and oscillators with neural network confirmation via Hopfield and Restricted Bo
Atlas EA is a multi-strategy intraday trading robot for MetaTrader 5, primarily focused on gold, silver, and USDJPY. It identifies market structure shifts using Smart Money Concepts, specifically targeting breaks of structure and fair value gaps during the London and New York sessions. The EA includes optional modules
This MetaTrader 5 expert advisor focuses on the EURUSD pair using an adaptive market regime approach. It alternates between trend-following and mean-reversion logic based on ADX and EMA indicators. The trend strategy utilizes price breakouts or pullbacks confirmed by RSI, while the range strategy employs Bollinger Band
This Expert Advisor for MetaTrader 5 offers two distinct trading modes: Donchian Channel breakouts for trend following and session range breakouts for daytrading. The Donchian mode utilizes high/low channel breaks filtered by an Exponential Moving Average, while the session mode targets breakouts from defined UTC time
This multistrategy expert advisor for MetaTrader 5 combines currency strength analysis, breakout/reversal logic, and swap carry trading. It targets various markets including forex, gold, oil, indices, and crypto. Trade execution involves ATR-based stop losses, multiplier-based take profits, and partial closing mechanis
This MetaTrader 5 expert advisor implements a candlestick pattern breakout and mean-reversion strategy. It identifies specific sequences of three candles to determine market entry points. The robot places pending buy stop, sell stop, and buy limit orders at fixed distances from previous price extremes to target liquidi
This MetaTrader 5 expert advisor executes a multi-stage trading strategy focusing on H1 trendline breakouts and RSI divergences. It refines entries on the M5 timeframe using Change of Character and micro Break of Structure signals. The EA includes automated risk management with percentage-based lot sizing and ATR-based
This Expert Advisor for MetaTrader 5 executes an Opening Range Breakout strategy enhanced with a daily trend filter. It identifies the high and low price levels during a specific market session opening, defined by the user. The robot enters trades when price breaks out of this range, but only if the direction matches t
This expert advisor for MetaTrader 5 automates trading strategies based on the Asian session price range. It calculates the high and low of a defined Asian session and executes breakout or range-reversion trades during the US session. The robot includes automated risk management features such as lot sizing, stop loss a
MQ Autonomous is a momentum breakout expert advisor for MetaTrader 4 and MetaTrader 5. It scans multiple assets simultaneously for significant daily price movements exceeding a specified percentage. Once a threshold is met, the system seeks entries based on price breaking recent highs or lows, supported by a volume ave
This MetaTrader 5 expert advisor combines Bollinger Band mean-reversion, squeeze breakouts, and EMA crossover trend following. It filters for ranging markets using a long-period EMA slope to execute reversal trades with candlestick confirmation, specifically identifying Doji patterns at the bands. Risk management inclu
This MetaTrader 5 expert advisor combines technical indicators with price action to automate trading decisions. It incorporates five individual strategies including EMA crossovers, candlestick engulfing patterns, and support or resistance breakouts. The system is specifically calibrated for the 30-minute timeframe and
This MetaTrader 5 expert advisor automates a breakout strategy based on the high and low price levels of a 4-hour candle. It places limit orders at these boundaries, specifically timed for the New York 9 AM market open to capture volatility. The bot features dynamic adjustments for Daylight Saving Time and broker serve
This repository contains a collection of MetaTrader 4 and MetaTrader 5 tools, including automated trading robots and technical utilities. The primary expert advisor features a hybrid system that supports both straddle and fade execution modes. It provides built-in risk management via stop loss, take profit, trailing st
This MetaTrader 5 expert advisor automates news trading by integrating with an external Python web scraper. The Python component extracts economic calendar data from Forex Factory and saves it to a local file, which the EA monitors in real-time. Minutes before scheduled news events, the bot executes a straddle strategy
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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