This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
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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
Strategy
This expert advisor is designed for automated gold trading on the MetaTrader 5 platform, specifically targeting the 5-minute timeframe. It employs a scalping strategy with integrated filters for spread and volatility to qualify entries. The system includes various risk controls such as drawdown gates, weekly trading li
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 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
This MetaTrader 5 expert advisor implements a long-only trend-following strategy designed specifically for gold (XAUUSD) on the hourly timeframe. The system filters entries using a 200-period exponential moving average and an optional ADX momentum filter to avoid low-volatility periods. Trade signals originate from MAC
This MetaTrader 5 expert advisor is designed for scalping gold on the M1 timeframe. It features a versatile strategy engine capable of toggling between breakout and mean-reversion modes based on market conditions. The system manages trades using ATR-based trailing stops, break-even adjustments, and time-based exits. Ri
Gold Scalper is an educational MetaTrader 5 expert advisor designed for scalping XAUUSD on the one-minute timeframe. It is presented as a masterclass tutorial to demonstrate modular coding practices. The system utilizes a 200-period Exponential Moving Average for trend filtering and the Relative Strength Index for entr
This MetaTrader 5 expert advisor is designed for gold trading using Candle Range Theory and Time-Based Strategy principles. It identifies market structure through the Accumulation, Manipulation, and Distribution cycle while detecting Fair Value Gaps and Order Blocks. The robot executes trades exclusively during specifi
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 MetaTrader 5 expert advisor is designed for gold trading using a combined martingale and grid approach. It uses a moving average crossover filter to determine initial entry direction. If the market moves against the position, the EA opens additional trades at fixed intervals, increasing the lot size via a multipli
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 high-frequency scalping robot for MetaTrader 5 is specifically designed for the gold market. It determines entry points using a combination of EMA trend filters, ADX trend strength, and dynamic RSI levels. To recover from losing positions, the EA utilizes an aggressive martingale grid system with a customizable lo
Gold SnR Momentum Scalper Pro is an automated scalping robot for MetaTrader 5, specifically optimized for XAUUSD on the M1 timeframe. It identifies entry points by combining support and resistance zones with RSI and moving average momentum. The system incorporates tick-level analysis to measure buying and selling press
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 MetaTrader 5 expert advisor executes automated long-only trades based on the Supertrend indicator. It calculates trend direction using Average True Range and a multiplier factor to identify entry points. The robot includes built-in risk management tools such as percentage-based stop loss and take profit orders, as
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 functions as a signal execution bridge between a Telegram channel and the trading platform. It communicates with a Python-based server via JSON to receive trade signals. The system features automated risk-based lot sizing, allowing users to define specific risk percentages per trade or
This repository provides automated trading experts for the MetaTrader 5 platform, featuring a combined grid and martingale strategy along with an Ichimoku-based approach. The primary expert advisor executes trades based on price movement relative to a fixed grid distance. It incorporates a lot multiplication system tha
This MetaTrader 5 expert advisor is designed for gold trading, utilizing a multi-timeframe strategy across the M15, H1, and H4 charts. It integrates technical indicators including ADX, RSI, and Moving Averages to identify trend-following and breakout opportunities. Risk controls include dynamic lot sizing based on acco
This collection provides several automated trading scripts for MetaTrader 4, with a primary focus on the Trade0h expert advisor. The robot monitors daily opening prices to execute trades at the start of the trading day. It incorporates a martingale lot scaling system that multiplies position sizes based on previous tra
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 MetaTrader 5 expert advisor is designed for trading gold on the one-minute timeframe. It appears to execute trades based on a price movement percentage over a specific number of bars, as indicated by the movement percent and bar count parameters. The tool includes fixed lot sizing and slippage controls but lacks v
Parallel System 3 is a MetaTrader 4 expert advisor developed specifically for trading gold. It utilizes a Directional Movement Index (DMI) signal generator with customizable smoothing periods and moving average methods. The trade management logic is based on a layered approach involving multiple trade packs, categorize
This collection of MetaTrader 4 expert advisors features several distinct trading robots including Daybreaker, Stradle, and the Signature System. The primary Daybreaker EA utilizes custom task scheduling and lookback periods to identify market entries based on volatility. It includes risk management controls such as pe
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
This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage
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-layer grid trading system suitable for forex, gold, and indices. It establishes a grid of price levels around an anchor point, opening buy positions when the price crosses down through a specific level. The grid is divided into three customizable layers, each with ind
Hydra Prime is a systematic expert advisor for MetaTrader 5 designed specifically for the gold market. It executes trades based on intraday momentum expansions and market structure shifts using Smart Money Concepts like Fair Value Gaps and Optimal Trade Entry zones. The robot analyzes swing structures on the M5 timefra
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
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
An automated trading system for MetaTrader 4 specifically designed for gold (XAUUSD) on the M5 timeframe. It features two core strategies: trend continuation and price pullbacks. The expert advisor utilizes a dual exponential moving average framework for direction and ATR for volatility filtering. Risk management is ha
Antigravity Geo Scalper is a MetaTrader 5 expert advisor that utilizes geometric and mathematical logic to identify trade opportunities. It focuses on price action and structure, specifically avoiding lagging indicators. The strategy incorporates Fibonacci levels, Gann Fans, harmonic pattern tolerances, and linear regr
IchiDCA CCBSN PropFirm EA is an automated trend-following robot for MetaTrader 5, optimized for gold and forex markets. It triggers trades based on Ichimoku Cloud breaks, filtered by dual Exponential Moving Averages and MACD indicators. The strategy manages positions through a Dollar Cost Averaging system that layers u
AutoTrade EA is a scalping robot for MetaTrader 4 and 5 that utilizes a multi-indicator signal scoring system based on Exponential Moving Average crossovers and RSI levels. It employs an aggressive trade management strategy featuring a dynamic grid and a stepped martingale lot scaling system where position sizes increa
Sentinel EA is a trend-following scalping robot developed for MetaTrader 5, specifically optimized for trading Gold (XAU/USD) on the one-minute timeframe. The strategy utilizes a fast and slow Exponential Moving Average crossover to identify trade entries. It features mandatory risk controls including fixed stop loss a
This MetaTrader 5 expert advisor is designed specifically for trading gold (XAUUSD). The system utilizes a modular architecture to detect market regimes, identify ranges, and execute trades based on liquidity sweeps and breakouts. It incorporates several filters, including spread and volume checks, alongside a drawdown
This MetaTrader 4 collection contains various expert advisors, including a primary strategy based on EMA 50/200 crossovers and RSI filtering. The main EA manages entries through trend confirmation and provides risk controls such as stop loss, take profit, and trailing stops. It includes features for breakeven activatio
This expert advisor facilitates arbitrage trading between futures and spot instruments, primarily targeting gold and stock indices. Available for MetaTrader 4 and 5, it monitors the price difference between two related symbols against a moving average to identify trade opportunities. The logic includes a noise-filterin
This MetaTrader 4 expert advisor implements a classic moving average crossover strategy designed for scalping forex pairs and metals. It monitors two exponential moving averages, defaulting to 8 and 21 periods, to identify momentum shifts. When a crossover is detected, the robot places pending stop orders with a specif
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
GsignalX Velocity is a comprehensive trend-following toolkit for MetaTrader 5, designed for prop traders and fund managers. It utilizes a multi-engine approach for trade entries, combining PP SuperTrend, ATR SuperTrend, and SuperBollingerTrend signals. The system filters entries using moving averages and Bollinger Band
This MetaTrader 5 expert advisor executes a trend-following strategy based on moving average crossovers. It monitors fast and slow exponential moving averages on closed bars to trigger buy or sell orders, with an optional RSI filter to confirm momentum. The robot includes automated risk management features such as dyna
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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