High Performance Forex (hpFX) is an indicator-agnostic framework for MetaTrader 4 designed for large-scale backtesting and strategy automation. It allows traders to define complex rules by combining up to ten custom indicators as entry signals, confirmation filters, or exit triggers using a flexible string-based encodi
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
Puer Tigris is a MetaTrader 4 expert advisor that implements multiple entry strategies, primarily focusing on Bollinger Bands mean reversion. It features a martingale lot scaling system where position sizes are multiplied after a trade is closed, with a configurable limit on the number of recovery levels. The robot use
This utility for MetaTrader 4 provides an interactive on-chart graphical interface for manual order execution and advanced position management. Users can execute buy and sell orders with customizable lot sizes and manage open trades through various closing utilities, including close-all, close-by-type, and partial clos
This MetaTrader 4 expert advisor is an automated trading system primarily configured for Gold (XAUUSD). It incorporates a robust suite of risk controls, including daily equity drawdown limits and overall balance protection. The EA features mandatory cooldown periods after a stop loss or take profit is hit to prevent ov
My Algo EA is a modular expert advisor developed for trading XAUUSD on the MetaTrader 4 platform. It utilizes a trend-following approach based on Exponential Moving Averages and the Average True Range indicator. The robot manages entries through a dedicated module that considers current market sessions, spread limits,
BullShift is a MetaTrader 4 expert advisor that functions as a socket server bridge to connect the trading platform with external software applications. It facilitates automated trading in forex and cryptocurrency markets by listening for incoming data on a user-defined port. The EA manages socket connections, handles
This automated trading system for MetaTrader 4 is specifically designed for Gold (XAUUSD) on the fifteen-minute timeframe. It identifies market direction using an Exponential Moving Average crossover on the hourly chart and executes trades on the M15 chart during pullbacks to short-term moving averages. Risk management
This MetaTrader 4 robot implements a grid-based hedging strategy triggered by inside bar price formations. It places multiple pending orders on both sides of a breakout and uses martingale lot scaling to increase position sizes for subsequent entries. The expert advisor is designed for the H4 and Daily timeframes, util
Liquidity Scalper is an automated expert advisor for XAUUSD (Gold) on MetaTrader 4 and 5. It executes trades based on institutional order flow and Smart Money Concepts, specifically targeting liquidity sweeps followed by market displacement. The system identifies order blocks and enters on either retests or momentum-ba
This expert advisor is designed specifically for trading gold on the MetaTrader 4 platform. It employs a hybrid strategy approach, allowing users to toggle between trend following using moving average crossovers, mean reversion via RSI and Stochastic divergence, and breakout patterns. Trade management includes automate
GM Remake is an automated trading robot for MetaTrader 4 that executes a multi-stage martingale strategy. It initiates trades based on price breakout logic and manages drawdowns by layering additional positions at user-defined distances. To refine entries, the EA utilizes dual exponential moving averages and MACD trend
FFC Data Feeder is a utility expert advisor for MetaTrader 4 designed to fetch and manage economic calendar information. It acts as a backend data provider for the FFC Canvas Economic Calendar indicator by downloading JSON data directly from servers using the native WebRequest function. The tool operates without extern
This collection of MetaTrader 4 expert advisors implements directional strategies using the Relative Strength Index and Keltner Channels. The tools are designed for intraday trading with specific time-window filters, frequently configured for index markets. Entry logic is restricted to specific hours, while risk manage
This repository contains a collection of MetaTrader 4 and MetaTrader 5 utilities focused on technical analysis and automated trading. Key expert advisors include a binary options dashboard that monitors RSI levels and trendline breakouts across multiple timeframes, and a currency strength trader for automated entries.
MQL4 Utilities FX is a collection of auxiliary Expert Advisors for MetaTrader 4 designed to streamline trade management and account protection. The repository includes tools for setting automatic stop loss and take profit levels, managing break-even points, and calculating average entry prices. A core component is a pe
This MetaTrader 4 expert advisor automates trading using an exponential moving average crossover strategy, specifically targeting the AUD/NZD currency pair. It filters entries using ADX for trend strength and ATR for volatility, ensuring trades occur under specific market conditions. Risk management is handled through
ÆEA is an automated trading robot for MetaTrader 4 that employs an ensemble of technical indicators to identify market imbalances. The strategy, described by the author as the Proportionality Principle, triggers trades when a specific ratio of bullish to bearish indicator signals is met. It calculates inputs from a wid
This MetaTrader 4 expert advisor implements a grid-based trading approach by opening buy and sell positions based on price distance. The system evaluates current market orders and places new trades only when the price moves a specific distance, defined by the step parameters, from existing entries. Users can independen
Hosopi3 Tanpoji is a single-position trading robot for MetaTrader 4 and MetaTrader 5, specifically developed to avoid martingale and averaging techniques. It triggers entries using various built-in technical indicators such as Moving Averages, RSI, Bollinger Bands, and Stochastics, or through external custom indicator
This expert advisor for MetaTrader 4 automates trade execution based on user-defined price levels. It places pending sell orders at a specific entry price and monitors market movement to trigger positions. The logic includes an automated exit routine that closes trades when the price returns to the initial entry level.
Gotobi Basic EA is a trading robot for MetaTrader 4 and MetaTrader 5 designed to exploit the Japanese Gotobi anomaly. It targets days divisible by five, when demand for the US Dollar typically increases among Japanese firms for settlement. The EA enters a long position at the market open, closes it at the 9:55 AM Nakan
Hosopi 2 is an automated trading robot for MetaTrader 4 and 5 that utilizes a mean-reversion strategy based on Bollinger Bands. The system enters counter-trend trades when price hits the bands and manages positions using a Nanpin martingale approach, layering orders at intervals to average down. Risk controls include t
Set Fixed SL and TP EA is a management tool for MetaTrader 4 and 5 that automatically monitors open positions and pending orders to apply protective exit levels. The utility assigns stop-loss and take-profit values based on user-defined points, specific price levels, or a percentage of the stop-loss. It features granul
This MetaTrader 4 expert advisor automates trading based on Gann Fan theory by identifying trend angles from recent swing highs and lows. It enters the market using buy and sell stop orders placed at specific distances from detected Gann lines. The robot includes risk management features such as fixed stop loss, take p
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 MetaTrader 4 expert advisor combines the Relative Strength Index, Moving Average, and Average Directional Index to identify trend-following entries. The strategy executes trades when price positioning relative to the moving average aligns with RSI exhaustion levels and ADX trend strength. It includes built-in risk
This rule-based automated trading system for MetaTrader 4 utilizes several modular logic components to identify market entries and exits. It includes integrated modules for MACD, Moving Averages, and proprietary CyberiaLogic and MoneyTrain algorithms. The EA provides flexible risk controls including automated lot sizin
This expert advisor for MetaTrader 4 and 5 executes trades based on price interaction with a Simple Moving Average. It monitors market positions on the H1 timeframe, entering buy or sell orders with predefined stop loss and take profit levels. The package includes an external Python script that works with a CSV log to
This collection of tools for MetaTrader 4 and 5 provides a bridge between trading terminals and external communication channels. It includes an alert system that broadcasts trade events, terminal screenshots, and signals to Telegram groups or channels. Additionally, it features an execution module that reads trading si
Pathfinder 2025 is a breakout expert advisor for MetaTrader 4 that manages dynamic Buy Stop and Sell Stop orders relative to the current market price. It continuously updates pending orders based on price movement thresholds and time intervals to capture volatility. Trade entries are filtered by candlestick body size t
This MetaTrader 4 expert advisor executes trades based on a specific price level and provides real-time monitoring via Telegram. The EA sets a trade at a user-defined entry price for a specific symbol, such as indices or forex pairs. It features automated entry when the price reaches the target level and closes the pos
This repository provides an extensive collection of MetaTrader 4 and MetaTrader 5 expert advisors, including the Cobra and Pivot Point systems. The included tools utilize strategies ranging from daily pivot level reversals to grid-based recovery and cost-averaging methods. Notable features include ATR-based stop losses
This MetaTrader 4 expert advisor functions as a data bridge to external web services. It automatically captures bid and ask prices for specific financial instruments and transmits them to a Python Flask server via HTTP POST requests. The system packages market data into JSON format on every tick and sends it to a confi
This MetaTrader 4 expert advisor system facilitates local trade copying between different terminals using shared CSV files. It consists of a master EA to broadcast trades and a follower EA to execute them. The follower includes flexible risk management such as percentage-based lot sizing, daily loss limits, and a lot m
Cloud Copy MT4 is a trade copying utility for MetaTrader 4 that enables order synchronization between different terminal instances via a cloud-based server. The system uses a Sender and Receiver architecture, transmitting trade data such as ticket numbers, lot sizes, and price levels using JSON over socket connections.
This repository provides a diverse collection of expert advisors for the MetaTrader 4 platform. The primary RubberBands EA utilizes Bollinger Bands for mean-reversion, entering when price exceeds the bands and exiting at the center line. It features advanced lot management, including linear and dynamic lot scaling that
This MetaTrader 4 expert advisor implements a classic Ichimoku Kinko Hyo strategy, primarily optimized for the Nasdaq 100. It enters trades based on price breakouts through the Kumo cloud, SMA 50, and EMA 200, with additional confirmation from the Chikou Span and higher timeframe H4 Kijun levels. The robot handles trad
Ghost SL TP is a trade management tool for MetaTrader 4 and 5 designed to hide exit levels from brokers. The expert advisor monitors active positions and executes market orders to close trades when a user-defined virtual stop loss or take profit distance is reached. It features flexible filtering options, allowing user
Easy Backtest Pro is a manual trading simulator designed for the MetaTrader 4 Strategy Tester. It provides a graphical user interface that allows traders to practice execution and strategy refinement during visual mode simulation. The tool includes buttons for market and pending orders, comprehensive order management f
This MetaTrader expert advisor implements a grid-based buying strategy specifically designed for USDJPY. It places buy orders at fixed pip intervals below a specified base price, accumulating positions as the market moves lower. The robot manages a basket of trades and exits all positions simultaneously once the combin
This repository provides a collection of automated trading systems for MetaTrader 4 and 5. The expert advisors utilize various technical indicators, including ADX, DMI, RSI, and Heiken Ashi, to determine market entry points. Some strategies are based on price action from previous candle directions. Trade management fea
This repository provides a collection of educational Expert Advisor snippets for MetaTrader 4 and MetaTrader 5. The primary script demonstrates an account verification mechanism that checks the current login against a user-defined parameter, terminating execution if the numbers do not match. Additional files illustrate
This MetaTrader 4 expert advisor executes a dual-direction grid trading strategy driven by technical analysis. It enters trades based on an Exponential Moving Average crossover logic using three distinct periods. The system employs a customizable martingale sequence where lot sizes increase after a user-defined number
Scalping Master is an automated trading robot for MetaTrader 4 designed for short-term execution. It utilizes a technical strategy based on Exponential Moving Average crossovers combined with Relative Strength Index levels. The expert advisor features a dedicated quick scalping mode with tight targets and automated tra
This MetaTrader 4 expert advisor executes and manages trades using a specialized hedging strategy. It monitors account equity and floating losses, automatically opening hedge positions when a user-defined loss percentage is reached. The system includes robust risk management features such as daily and weekly loss limit
Adaptive Forex AI Trader is a MetaTrader 4 expert advisor designed for automated trading across various currency pairs and gold. It incorporates machine learning, candlestick pattern recognition, and multi-timeframe analysis to generate trade signals. Risk is controlled through stop loss and take profit levels, a trail
This expert advisor integrates MetaTrader 4 and 5 with external deep learning models using socket communication. It captures chart screenshots and price data to send to an external server, where models like Random Forest or Generative Adversarial Imitation Learning process the visual information. The EA then receives a
Barekat Expert is a MetaTrader 4 robot that executes trades based on a combination of technical indicators. It utilizes two ZigZag indicators for price action analysis, a Simple Moving Average for trend filtering, and the Relative Strength Index and Stochastic oscillators for momentum confirmation. The system manages e
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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