This MetaTrader 5 expert advisor implements Smart Money Concepts including Order Blocks, Fair Value Gaps, and Break of Structure entries. It features an automated mode that combines multiple strategies alongside market regime detection using ADX or Efficiency Ratio to ensure trading in trending conditions. Risk managem
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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.
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Type
Trading robot 59Trade managerRisk & protectionNews trading 1Copier & bridgeFramework & templateCollection 23Utility 2
Strategy
This MetaTrader 5 expert advisor implements a multi-strategy framework based on Smart Money Concepts. It identifies fractal-based liquidity sweeps, order blocks, and Fibonacci zones across multiple timeframes, typically using H4 for trend direction and M15 for execution. The EA includes an optional machine learning fil
This expert advisor for MetaTrader 5 implements a Smart Money Concepts strategy. It identifies institutional trade setups using Order Blocks, Fair Value Gaps, Break of Structure, and liquidity sweeps. The robot performs multi-timeframe analysis across five periods to determine market bias and ensure trend alignment. Ri
This MQL5 expert advisor trades the London and New York session openings using Smart Money Concepts. It analyzes market sentiment on the 5-minute timeframe by identifying price imbalances over a specific look-back period. Once a directional bias is established, the robot switches to the 1-minute timeframe to execute li
This MetaTrader 5 expert advisor scans over 60 financial instruments to identify Turtle Soup reversal setups based on Candle Range Theory. It monitors price action for specific three-candle patterns involving a range, a false breakout with a long wick, and a subsequent reversal. The EA operates as an alert-only utility
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
Mad Pound Profits is a MetaTrader 4 expert advisor that automates trading based on structural breakouts and price action. The system utilizes time-specific analysis windows throughout the day to identify entry opportunities. It incorporates technical elements such as Fibonacci levels, momentum indicators, and mean reve
Phase 404 EA is a MetaTrader 5 robot that automates a mechanical Smart Money Concepts strategy including Wyckoff logic and liquidity sweeps. It identifies market structure shifts and enters trades during London or New York kill zones using Fibonacci Optimal Trade Entry levels. The expert advisor manages risk through pe
This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies based on price action and technical indicators. The primary EA utilizes a moving average crossover system with switchable modes for different market conditions. It features a martingale lot-scaling system for sideways market
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 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 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 automates trading strategies based on Inner Circle Trader (ICT) and Smart Money Concepts (SMC). It utilizes a confluence engine to evaluate market structure, PDA zones, fair value gaps, order blocks, and SMT divergence against correlated symbols like the DXY. Designed specifically for p
This repository features a headless CLI automation pipeline for MetaTrader 5, enabling users to compile, backtest, and rank MQL5 Expert Advisors through PowerShell. It contains a large collection of robots focused on candlestick patterns, such as Morning and Evening Star signals, combined with Stochastic or CCI filters
This MetaTrader 5 expert advisor implements an automated strategy based on Smart Money Concepts and the Trading Hub Juka Method. It analyzes market structure, institutional order blocks, and fair value gaps to identify high-probability entry points. The robot features multi-timeframe analysis, evaluating alignment betw
This collection of MetaTrader 4 expert advisors provides several distinct trading strategies including candlestick pattern recognition, moving average trends, and currency strength analysis. The repository contains a dedicated martingale algorithm alongside robots focused on engulfing and morning star patterns. The pri
This MetaTrader 5 robot executes trades across multiple symbols using institutional indicators including VWAP, Volume Profile, and Average Daily Range (ADR). It enters positions when price action aligns with VWAP directional bias and volume zones such as High Volume Nodes. Risk management is automated via equity-percen
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 utilizes a combination of Bollinger Bands, Relative Strength Index, and Average Directional Index to identify entries. It supports multi-timeframe analysis for trend confirmation and provides optional filters for Average True Range and price action patterns such as hammers. Risk managem
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
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
This MetaTrader 5 expert advisor implements a multi-timeframe strategy combining M15 trend direction with M5 trade execution. It identifies entries using Smart Money Concepts like break of structure and order blocks, confirmed by MACD, Stochastic, and Parabolic SAR indicators. Risk management is a primary focus, offeri
Prop Firm Elite EA is a comprehensive trading suite for MetaTrader 5 designed for automated prop firm challenge management. It utilizes Smart Money Concepts, including Break of Structure and Fair Value Gaps, combined with exponential moving averages and RSI filters. The system manages risk through fixed percentage lot
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
EJTrader Order Flow is a technical utility for MetaTrader 4 that implements Level 2 market depth and tape reading tools. It utilizes the Bitcoin Nano API to stream order flow data directly onto the chart using various visual layouts like BookMap and volume aggression indicators. The EA manages manual trade execution wi
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
Fibonacci ICT EA for MetaTrader 5 combines institutional price action concepts with Fibonacci retracement levels. It identifies higher timeframe trends and enters on pullbacks to specific golden zones using confirmations like Break of Structure and Fair Value Gaps. The system includes robust risk management such as per
This MetaTrader 5 expert advisor automates trading strategies based on Inner Circle Trader (ICT) concepts. It identifies market structure elements such as Order Blocks, Fair Value Gaps, and Market Structure Shifts to find entry points. The robot features specific logic for Kill Zones, Asian range liquidity, and Optimal
This MetaTrader 4 expert advisor connects to a Python FastAPI backend to facilitate automated trading based on Claude AI signals. The system transmits market data to the server, which performs multi-indicator analysis and sentiment processing before returning trade recommendations. It features multi-timeframe trend fil
This MetaTrader 5 expert advisor focuses on institutional-style trading across forex, indices, and other assets. It utilizes market structure analysis, including liquidity sweeps and market structure shifts, to identify entries on a M15 timeframe guided by H1 trends. The robot categorizes market states into range, tren
This MetaTrader 5 expert advisor provides an automated trading system with two primary operation modes: a multi-confluence signal engine and a Smart Money Concepts strategy. The confluence engine aggregates signals from RSI, MACD, Bollinger Bands, and EMA crossovers, while the Smart Money mode focuses on liquidity swee
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
Eagle Eyes EA is an automated MetaTrader 5 robot that executes trades based on institutional Smart Money Concepts, specifically focusing on the Breaker Block retest strategy. It monitors price action for Break of Structure events and validates Order Blocks before entering positions on price retests. The EA incorporates
This MetaTrader 5 expert advisor executes trades based on supply and demand zones combined with support and resistance levels. It performs multi-timeframe analysis across H1 and M5 charts to identify entry points. The robot utilizes price action patterns like double tops and head-and-shoulders for confirmation. Risk is
This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicators and Smart Money Concepts. The primary expert advisor, Behemoth Max, utilizes a combination of MACD, weighted moving averages, and exponential moving averages across multiple timeframes to identify entries. Ris
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 features MetaTrader 4 expert advisor templates focused on technical indicator integration and price action patterns. The included files utilize simple and exponential moving averages alongside fractal and candlestick pattern detection, such as hammers and stars. Trade management is handled through time-
JCS Patterns is an experimental MetaTrader 4 expert advisor designed to detect and trade bullish engulfing patterns. It serves primarily as a template for further development, entering trades based on specific Japanese candlestick formations. The robot includes a trailing stop mechanism and comprehensive logging capabi
XSpark is a modular automated trading framework for MetaTrader 5 that prioritizes capital protection and risk management. It includes a collection of distinct Expert Advisors covering various methodologies: a trend-pullback scalper, candle momentum tracking, Smart Money Concepts (SMC), and ICT liquidity models. The sys
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and institutional trading principles to trade Gold and major Forex pairs. It employs a multi-agent confluence scoring system that evaluates market structure, liquidity sweeps, fair value gaps, and EMA trends before entering trades. The system filters entrie
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and pure price action to execute trades without traditional technical indicators. By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price acti
NeoFL is a collection of modular MetaTrader 5 trading robots built on a shared algorithmic architecture. The library includes specialized engines for gold, forex, and candle level revisits. The primary Candle Revisit EA uses M5 price action analysis for entries while employing an M1 observer for trade protection. It ma
Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a
This expert advisor for MetaTrader 5 combines traditional quantitative strategies with machine learning via the ONNX runtime. It features multiple trading modes including Order Blocks, market structure analysis, and a hybrid AI strategy using neural network predictions trained in PyTorch. The system incorporates compre
This MetaTrader 5 expert advisor utilizes a Naive Bayes probabilistic model integrated with Smart Money Concepts and ICT principles to identify trading opportunities. It primarily targets gold bias and pullbacks but includes logic for universal symbol support. The system uses a machine learning engine that self-retrain
This MetaTrader 5 expert advisor implements a market regime filter inspired by Wyckoff principles, identifying phases like accumulation, distribution, markup, and markdown. It identifies trading ranges using a lookback period and triggers entries on confirmed breakouts with consecutive closes. Risk management is centra
Steadx is an Expert Advisor for MetaTrader 5 that automates various Smart Money Concepts and ICT strategies. It utilizes multiple entry models, including Order Block and Fair Value Gap confluences, the Unicorn model, and liquidity sweeps during specific sessions. The system filters trades using higher-timeframe trend a
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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