LIVMOR is a MetaTrader 4 expert advisor found within this repository of over fifty automated trading tools. It utilizes technical indicators such as MACD, Stochastic, and moving averages to identify entry points, while also offering manual price entry options. The EA manages risk through user-defined stop loss and take
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Free MT4 & MT5 expert advisors
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 1Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 18Utility
Strategy
Trend following 8BreakoutScalping 1GridMartingale 7Hedging 5Mean reversion 4SMC / ICT / price actionIndicator crossoverArbitrage 1AI / machine learning 1NewsMulti-strategy
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This repository provides a collection of MetaTrader 4 expert advisors, notably featuring a grid-based trading system. The mGRID EA executes trades by placing multiple pending buy and sell stop orders at fixed pip increments, attempting to capture price movement in either direction. It offers risk controls through confi
This repository provides a complete environment to run MetaTrader 5 within a Docker container on Ubuntu, accessible through VNC. It includes a collection of expert advisors such as a 3D Correlation Matrix and standard technical strategy examples including MACD and Moving Average. A primary feature is the ZeroMQ expert
This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring the Chaos Theory EA. This robot combines several trading methodologies including Bill Williams' Chaos Theory, Trading Made Simple, and THV3 to trade multiple currency pairs simultaneously. It utilizes technical filters such as Su
This repository contains a collection of MetaTrader 5 expert advisors and utility scripts. It includes a variety of automated strategies such as mean reversion, Dunnigan NRTR, and experiments with artificial intelligence. The library also features utility tools for Telegram integration, search functions, and signal das
This repository contains a collection of MetaTrader 4 expert advisors, including robots based on RSI, Bollinger Bands, and moving averages. The primary featured expert advisor implements a dual-symbol statistical arbitrage strategy using indicators such as ZigZag and Moving Averages to identify entries. It employs a ma
This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,
This collection for MetaTrader 5 features a variety of trading tools and automated expert advisors. It includes advanced visualization utilities like a 3D correlation matrix and a mathematical morpher using DirectX canvas. The repository also provides several technical trading robots based on moving averages, MACD, ADX
This collection for MetaTrader 4 provides a variety of expert advisor templates and functional trading robots. The core strategy logic often utilizes price action relative to moving averages to identify trends. Key features include a randomized entry timer designed to avoid high-volatility bar starts, integrated stop l
This repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a multi-currency ring trading system. The flagship EA executes trades across several currency pairs simultaneously, utilizing triangular hedging logic to manage exposure. It incorporates various lot management modes including
This repository features a collection of expert advisors for MetaTrader 5, primarily focused on the Blessing 3 grid strategy. The system enters trades based on market conditions and manages them using a grid with martingale lot multipliers. Risk controls include maximum drawdown percentages, equity-based trading stops,
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,
This repository contains a diverse collection of MetaTrader 5 expert advisors and technical utilities. It features a three-dimensional correlation matrix visualizer for analyzing price relationships across multiple currency pairs simultaneously. The collection includes various automated trading robots based on technica
This repository contains a collection of MetaTrader 5 expert advisors developed for strategy experimentation and technical analysis. The robots utilize various technical indicators, including Moving Averages, MACD, Parabolic SAR, and RSI for trade entries. Risk management is handled through configurable stop loss and t
This repository contains a collection of MetaTrader 5 Expert Advisors and graphical tools. It includes several technical strategy robots based on Relative Strength Index crossovers, Bollinger Bands, and Moving Averages. Additionally, it features advanced 3D visualization utilities such as a correlation matrix and a mat
This MetaTrader 5 repository provides a collection of expert advisors and analytical tools focused on technical analysis and visualization. The primary utility is a 3D correlation matrix that calculates and displays the relationships between multiple currency pairs using DirectX rendering. The repository also includes
The US30 US500 Trading Collection for MetaTrader 5 provides a variety of expert advisors and analytical utilities. Although the repository name indicates a focus on major indices, it primarily contains standard technical indicator examples such as MACD, Moving Average, and Parabolic SAR. A notable component is a 3D cor
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 provides a collection of MetaTrader 4 and MetaTrader 5 resources, including standard MetaQuotes examples and custom trading tools. A primary feature is the 3D correlation matrix utility, which uses the Canvas3D library to visualize price relationships across multiple symbols. The collection also include
This repository is a collection of MetaTrader 5 expert advisors and analytical utilities. It features several standard trading examples like MACD and Moving Average, alongside more specific implementations using MAMA and Parabolic SAR indicators. A notable component is a three-dimensional correlation matrix tool that v
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 day, 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 day. 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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