This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l
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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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Platform
MT4MT5 29
Type
Trading robot 14Trade managerRisk & protectionNews tradingCopier & bridge 1Framework & templateCollection 13Utility 1
Strategy
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 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 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 MetaTrader 5 expert advisor utilizes a trend-following strategy based on two moving averages and the Average Directional Index (ADX). It enters trades when a short-term moving average crosses a long-term average, provided the ADX indicates sufficient trend strength. Specifically optimized for the Brazilian mini-in
This Expert Advisor is designed specifically for the Volatility 75 Index on the MetaTrader 5 platform. It employs a multi-timeframe strategy using exponential moving averages across H2 and M5 periods to determine trend direction and entry points. The system identifies long-term trends on the H2 chart and looks for pric
This MetaTrader 5 repository contains a collection of expert advisors, including a scalping robot built with AI assistance for Forex, Gold, Crypto, and Indices. The main EA integrates technical indicators like RSI, Moving Averages, and ADX for entry signals. Risk management is handled through percentage-based lot sizin
RSI Surf Scout is a multi-symbol momentum expert advisor for MetaTrader 5 that combines RSI signals with EMA trend filtering. It scans multiple instruments and timeframes simultaneously, entering trades via limit orders when momentum aligns with the long-term trend. The robot features robust risk controls designed for
This repository provides a collection of MetaTrader 5 expert advisors designed to automate strategies discussed on the author's YouTube channel. The scripts primarily target synthetic indices such as Boom and Crash. The logic involves monitoring price spikes and technical indicators including ATR, RSI, and Moving Avera
This MetaTrader 5 expert advisor functions as a specialized data utility for exporting broker-specific market data to external files. It records historical M1 and M5 bar data and periodically snapshots live bid and ask spreads to CSV format. The tool is designed to support research pipelines by providing exact pricing
This repository contains a collection of MetaTrader 5 expert advisors designed for a quantitative trading seminar by QRT Solutions. It includes multiple models such as US opening gap momentum, opening range breakouts, and SMA-based gold strategies. Each robot features professional risk management components including t
This expert advisor implements an automated trend-following strategy for the US30 index on the MetaTrader 5 platform. It identifies entries using a combination of dual Exponential Moving Averages for trend direction, RSI for momentum filtering, and specific candle patterns. Risk is managed through a percentage-based lo
This MetaTrader 5 collection provides five Expert Advisors focused on Ichimoku Chikou-Kijun crossovers. The repository includes basic alert tools and automated robots that execute trades based on lagging span movements relative to the base line. Advanced variants incorporate ADX and DI filters, Kumo cloud confluence, a
This MetaTrader 5 Expert Advisor is a research-oriented tool designed for systematic trading of USTEC/Nasdaq CFDs. It employs a trend-following logic using Exponential Moving Average crossovers and ADX filters to identify entries on the M5 timeframe during specific trading sessions. Risk is managed through ATR-based dy
This repository is a collection of MetaTrader 5 expert advisors focusing on quantitative research and price action strategies. It includes implementations of Smart Money Concepts and Inner Circle Trader methods, such as Order Blocks, Fair Value Gaps, and liquidity sweeps. Other components feature Ichimoku Kinko Hyo tre
This repository contains a collection of MetaTrader 5 expert advisors focusing on various automated strategies. Notable files include a liquidity sweep scalper, an opening range breakout tool, and an index arbitrage EA. The primary liquidity sweep EA uses price action filters like candle size and wick ratios alongside
This MetaTrader 5 repository contains a collection of expert advisors centered on opening range breakouts and statistical mean reversion. The primary breakout tool defines trading zones based on specific time intervals and executes trades using price bias or candle closes. It incorporates robust risk management feature
Project Chimera is an algorithmic trading robot for MetaTrader 5 that executes trades on XAUUSD. The system employs a modular architecture to synthesize signals from RSI divergence, harmonic patterns, and trend confirmation across multiple timeframes. It utilizes a multi-asset correlation filter monitoring the US Dolla
Gold FX EA is a multi-asset trading robot for MetaTrader 5 that functions as a modular framework for various technical strategies. It allows users to toggle specific modules for forex, gold, silver, cryptocurrencies, and commodities. Strategies include trend following with moving averages, Bollinger Band mean reversion
This collection of MetaTrader 5 expert advisors provides experimental trading strategies focused on session breakouts and Smart Money Concepts. The primary robot monitors the opening ranges of the London and New York sessions on the M5 timeframe to identify entry signals. It incorporates several risk management tools,
This MetaTrader 5 expert advisor is a buy-only scalping system that utilizes three parallel trading engines based on Average True Range volatility filters. It enters trades when volatility falls within specific thresholds and the current price is within a defined range below weekly resistance levels. The system feature
This MetaTrader 5 expert advisor implements a mean reversion strategy that identifies price gaps between fast and slow moving averages. It utilizes an ATR-based volatility filter to enter trades during low volatility periods and confirms entries with RSI momentum patterns. The system manages risk using fixed dollar amo
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
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
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
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
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
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
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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