Supply Demand Pro EA is an automated trading robot for MetaTrader 5 that focuses on price action and institutional market structures. It identifies supply and demand zones, Quasimodo reversal patterns, and ATR-based price compression. The system filters entries using fakeout detection to avoid false breakouts. It featu
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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
TradeMe is an automated MetaTrader 5 expert advisor implementing a Turtle Breakout trend-following strategy. It identifies entry points using Donchian Channel highs and lows over a user-defined lookback period. The system manages positions using an ATR-based trailing stop and exits trades when the price reaches a secon
A trend-following MetaTrader 5 expert advisor designed for long-term position trading on daily and weekly timeframes. It utilizes the 200-period Exponential Moving Average and the Ichimoku Cloud to confirm multi-timeframe trends and momentum. The EA calculates position sizes according to account risk percentage and use
This MetaTrader 5 expert advisor provides an automated trading system designed for Forex, Bitcoin, Gold, and various indices. It employs technical analysis filters including RSI levels and Moving Average price distance to identify entries. Risk management features include flexible lot sizing based on account equity or
MQL5 Bolugi is an automated trading expert for MetaTrader 5 that utilizes Bollinger Bands and the Relative Strength Index to identify overbought and oversold conditions. It features a tiered entry system referred to as complementary and mediation modes, which allows the robot to scale into positions based on price dist
Church Builder is an automated trading robot for MetaTrader 5 that executes trades based on Smart Money Concepts, specifically targeting Fair Value Gaps. It identifies price gaps within specific point ranges and waits for breakouts to enter positions, provided the market trend aligns with a Simple Moving Average. The e
The Forever Free EA is a MetaTrader 5 trading robot designed for forex and indices. It employs a grid strategy that can be configured with martingale or fixed lot increments. The system utilizes dual magic number engines to manage separate trade streams and includes a trend mode to align entries with market direction.
This MetaTrader 4 collection provides trade management utilities focused on risk protection. The main expert advisor monitors open positions and automatically applies stop loss levels to orders that lack them, using hardcoded point values for specific assets like XAUUSD, BTCUSD, and US30. It includes a safety feature t
This MetaTrader 5 expert advisor automates trading across multiple markets, with specific logic for Boom and Crash synthetic indices and standard currency pairs. For synthetic indices, it generates alerts and entries based on RSI and Stochastic levels on the M1 timeframe. For other symbols, it utilizes a crossover stra
Candle Moving Average Day Trade is a MetaTrader 5 expert advisor designed for automated intraday trading. The strategy uses an Exponential Moving Average (EMA) to determine market direction, triggering entries based on a specific number of candlesticks closing above or below the average. It features a tiered position s
This MetaTrader 4 expert advisor serves as a bridge connecting the trading platform to external Indian brokerage APIs such as Zerodha and Finvasia. It utilizes the ZeroMQ library to transmit trade signals from the chart to a local Python environment or executable application. The tool monitors chart events for the crea
This repository contains a collection of eight quantitative trading strategies implemented for MetaTrader 5. The core Rubber Band strategy uses custom volatility bands derived from a five-day range to identify mean-reversion opportunities. It enters trades when price deviates significantly from recent highs or lows and
Operacional TT is an automated trading robot for MetaTrader 5 designed to implement a strategy shared by the Trader na Tela community. The expert advisor handles the complete trade lifecycle, including entry execution and position management. It operates exclusively within a defined intraday window, using specific star
This repository contains a collection of MetaTrader 5 expert advisors created to test various trading concepts. The included bots trade diverse markets, utilizing indicators like moving averages, Bollinger Bands, Stochastic, and VWAP. The primary highlighted expert advisor executes trend-following trades on gold using
This repository contains a collection of MetaTrader 5 expert advisors primarily designed for synthetic indices, specifically targeting Boom and Crash markets. The included robots, such as Roxie and SpikeDetector, utilize custom indicators like TrendCatcher to identify price trends and momentum shifts. The tools manage
Athu Robot is a MetaTrader 5 expert advisor designed for breakout trading during market opening hours, specifically targeting the Brazilian B3 or US sessions. The EA initializes its logic at 9:00 AM and places pending buy and sell orders at 10:00 AM to capture volatility spikes at the session start. It features integra
This MetaTrader 4 expert advisor acts as an information relay tool, sending market sentiment reports directly to a Telegram chat. It monitors major currency pairs and allows for custom symbol mapping, such as linking indices or commodities to specific broker tickers. The EA utilizes a Telegram bot token and chat ID for
This MetaTrader 5 collection features expert advisors tailored for the Brazilian stock and futures market, specifically focusing on mini-contracts. One robot implements tape reading logic by monitoring market book volume imbalances, while another executes trades based on moving average crossovers. Each system incorpora
Boom EA Spike Notification is a MetaTrader 5 utility designed for monitoring Boom and Crash synthetic indices. It functions as a detection tool that identifies price spikes by analyzing historical candle data. The EA scans the last 2,000 bars to establish a threshold for standard price movement, distinguishing between
Fusion Plus RSI is an automated trading expert advisor developed for the MetaTrader 5 platform, specifically targeting the Crash 500 synthetic index. The robot employs a trend-based approach by analyzing the Relative Strength Index (RSI) across two separate timeframes, the one-minute and five-minute charts. It executes
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 collection of MetaTrader 5 expert advisors is designed to trade Boom and Crash synthetic indices. The robots utilize RSI indicator logic and basic price action candle checks to identify and capture rapid price spikes. The tools feature automated trade execution with a focus on capturing momentum. Risk management i
This MetaTrader 5 expert advisor is designed specifically for trading the Brazilian Mini Index. It utilizes a strategy based on Bollinger Bands and the Stochastic oscillator to identify potential market entries. The robot manages risk through predefined stop loss and take profit parameters. It features a specific compe
This Expert Advisor implementation utilizes a Long Short Term Memory (LSTM) neural network to execute trades on MetaTrader 5. It functions as a proof-of-concept system where MT5 exports market data to CSV files, which are then processed by an external Python environment using PyTorch. The system requires manual configu
MT5 Line Level Trader is a utility for MetaTrader 5 designed to manage trades based on price levels or lines drawn on the chart. The expert advisor includes specialized logic to handle point calculations and digit adjustments for a variety of symbols, specifically addressing forex pairs, gold, and major indices like th
PTL EA is a MetaTrader 4 expert advisor that monitors financial markets for technical trade setups using price action and trend analysis. It evaluates market conditions across various instruments, including forex pairs, gold, and global indices, by identifying candlestick patterns and key support and resistance zones.
This MetaTrader 4 expert advisor implements a mean-reversion strategy using the Relative Strength Index. It monitors for overbought conditions above 70 and oversold conditions below 30 to trigger trade entries. When a signal occurs, the EA clears existing pending orders of the opposite type and places a batch of thirty
This repository contains a collection of MetaTrader 5 expert advisors developed for various market conditions and strategies. The files include implementations of trend-following systems like the Dunnigan NRTR, signal-based dashboards using multi-indicator confirmation, and experimental artificial intelligence models.
Setup Da Paula is a MetaTrader 5 expert advisor that automates a technical trading strategy based on Bollinger Bands. The robot enters trades when specific price conditions are met relative to the bands, incorporating a volatility filter that checks the minimum band width in points. It manages risk through a fixed stop
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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