This MetaTrader 5 expert advisor serves as a technical bridge to integrate Python-based trading models into the platform. It facilitates the testing and validation of external models within the MetaTrader Strategy Tester by utilizing the ONNX format for cross-platform compatibility. The system allows developers to leve
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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
Strategy
STO Martin is a grid-based trading robot for MetaTrader 5 that uses technical indicators to manage entries and recoveries. It employs a Stochastic Oscillator for execution signals and a Moving Average to filter trades according to the prevailing trend. The EA features a martingale lot-scaling system that adds positions
This MetaTrader 5 utility functions as a data bridge to import and visualize aggregated Bitcoin trade volume from external cryptocurrency exchanges. It utilizes a companion Expert Advisor to perform web requests, fetching CSV data from Bitcoinity to bypass platform limitations that restrict indicator internet access. T
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
OCO Part 1 is an educational expert advisor for MetaTrader 5 that implements a One-Cancels-the-Other (OCO) trading mechanism. The robot places pairs of pending Buy Stop and Sell Stop orders at a fixed distance from the current market price. Once one order in the pair is triggered or deleted, the EA automatically cancel
This MetaTrader 5 utility serves as a historical data collector for exporting market information. Instead of executing trades, the expert advisor iterates through historical candles when run in the strategy tester to generate a CSV file containing open, high, low, and close prices. The data output includes ISO8601 form
This collection includes four MetaTrader 5 expert advisors designed to demonstrate basic algorithmic trading using the Relative Strength Index. The repository provides separate scripts for long and short entries, with options to evaluate trade signals either on a per-tick basis or only upon candle completion. Each expe
This expert advisor for MetaTrader 4 and 5 implements a hedging recovery strategy to handle losing positions. When an initial trade moves against the user, the robot enters a recovery zone, placing counter-orders with scaled lot sizes to achieve a collective exit at a profit or break-even point. The EA includes risk co
This MetaTrader 5 expert advisor serves as a base model or template for trend-following strategies. It utilizes three distinct moving averages—fast, medium, and slow—to identify market direction and potential entry points. The system includes built-in risk management parameters for fixed lot sizing, stop loss, and take
MadRabbit Universal is a collection of MetaTrader 5 expert advisors and trading tools focused on multi-indicator strategies. The flagship Universal Turbo robot allows users to combine signals from moving average crossovers, MACD, VWAP, ATR, and RSI. It is primarily designed for netting accounts trading indices and stoc
This MetaTrader 5 framework provides a modular library for technical analysis, including candle pattern detection, support and resistance levels, and Fibonacci calculations. The repository includes an expert advisor that implements ZigZag-based wave analysis to identify market structure and chart patterns. It features
This MetaTrader 5 utility provides an on-chart interface for manual trade execution and risk management. It allows users to open long and short positions with integrated stop loss and take profit levels calculated using a custom risk-to-reward ratio. The tool features an automated lot size calculator that adjusts posit
This MetaTrader 5 expert advisor implements a counter-trend scalping strategy using price envelopes. The robot calculates an exponential moving average and applies a percentage-based deviation to create upper and lower bands. It enters trades when the price closes outside these bands, targeting a reversal. Positions ar
This MetaTrader 5 trade manager automates stop loss adjustments for existing positions using the Teeth line of the Bill Williams Alligator indicator. It tracks an 8-period smoothed moving average shifted 5 periods forward to determine exit levels. The tool operates on a new bar basis, checking open trades and modifying
This MetaTrader 5 expert advisor executes a martingale strategy using pending buy stop or sell stop orders. Users define an initial entry price and lot size, which the EA then manages using a configurable volume multiplier for subsequent trades. It includes automated stop loss and take profit calculations based on fixe
Kronos is an automated trading robot for MetaTrader 5 designed to trade price range corrections using Fibonacci retracement levels. The system identifies specific price ranges over a set number of candles and enters positions based on retracement signals. It incorporates several risk management tools, including stop lo
This MetaTrader 5 tool provides a semi-automatic interface for executing trades based on manual chart analysis. Users can configure trendlines and horizontal lines to trigger buy or sell orders upon price touch, breakout, or retest. The EA includes a graphical user interface to manage lot sizes and provides draggable o
Robo Samurai is a MetaTrader 5 expert advisor that executes trades based on probabilistic candle patterns and occurrence statistics. It features a unique Katana Barrier system that filters trade signals based on historical error rates and specific occurrence percentage thresholds. The EA allows for granular control ove
This MetaTrader 5 expert advisor utilizes a multi-timeframe approach to identify entry points based on the Relative Strength Index and candlestick patterns. It monitors a lower timeframe for bullish engulfing formations while using a higher timeframe Exponential Moving Average to filter for trend direction. The bot cal
This MetaTrader 5 expert advisor identifies and trades the 212 candlestick pattern. It combines price action analysis with technical indicators, specifically using the Average Directional Index and a Moving Average for trend confirmation. The system manages risk through fixed stop loss and take profit levels, including
This MetaTrader 5 expert advisor implements a trade execution strategy based on a linear regression model. It calculates entries using specific coefficients for an intercept and five independent variables, which include volatility, relative strength index, and average directional index data. The bot supports intraday o
This MetaTrader 5 expert advisor is a legacy project focused on machine learning and neural network forecasting. The system implements logic for training models and generating forecasts using technical indicators like ADX and ZigZag. It includes several optional modules for long, short, hedging, and martingale trading
MT5 Telegram Bot is a remote management tool for MetaTrader 5 that connects the trading terminal to the Telegram messaging platform. It enables users to send trade instructions directly from a chat interface to the expert advisor. The EA processes specific commands to open buy or sell positions and close existing marke
This repository contains a collection of MetaTrader 5 expert advisors focused on simple technical indicator strategies. The primary EA utilizes a combination of the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to identify overbought and oversold market conditions. It enters market trad
This MetaTrader 5 expert advisor executes trades based on Relative Strength Index (RSI) levels. It enters long positions when the RSI is below a specified low point and the previous candle closed bullish, while short positions are triggered when the RSI is above a high point and the previous candle closed bearish. The
This MetaTrader 5 expert advisor executes trades based on technical signals from Moving Average crossovers and the Relative Strength Index (RSI). It offers three distinct entry modes, allowing traders to utilize trend-following crossovers, RSI overbought and oversold levels, or a combination of both indicators. The rob
This collection for MetaTrader 5 features several expert advisors designed for automated trading using time-of-day filters and technical indicators like the Hilo Activator. The primary strategies focus on executing trades during specific market sessions and incorporate a lot-scaling recovery mechanism that increases po
This repository contains a collection of MetaTrader 4 and MetaTrader 5 tools, including automated trading robots and technical utilities. The primary expert advisor features a hybrid system that supports both straddle and fade execution modes. It provides built-in risk management via stop loss, take profit, trailing st
This MetaTrader 5 expert advisor automates news trading by integrating with an external Python web scraper. The Python component extracts economic calendar data from Forex Factory and saves it to a local file, which the EA monitors in real-time. Minutes before scheduled news events, the bot executes a straddle strategy
Mql Trading Signals is a collection of expert advisors for MetaTrader 4 and 5 designed for automated trading and signal notification. The repository contains various strategy iterations, primarily utilizing Simple Moving Average (SMA) crossovers to identify trends. The main experts include logic for sending trade detai
Robo Harmonico is a MetaTrader 5 expert advisor designed to detect and trade harmonic price patterns, specifically focusing on the Gartley formation. It utilizes a custom ZigZag indicator to identify significant swing highs and lows, which are then processed by a dedicated detection library to find geometric structures
Azizkhani is a technical expert advisor for MetaTrader 5 that executes trades based on a combination of MACD and Commodity Channel Index indicators. The robot enters buy or sell limit orders when the CCI exceeds specific thresholds and the MACD aligns with the trend direction. It features a simplified logic for managin
This repository provides a collection of MetaTrader 5 expert advisors based on moving average crossovers and price distance relative to the mean. The core logic monitors the gap between the current price and a simple moving average while tracking candle direction for entry signals. The collection includes variations fo
This MetaTrader 5 framework provides a modular structure for developing expert advisors. It includes base classes for retrieving account information, market prices, and candle data, alongside a dedicated trading system class for signal execution. The repository features an example implementation utilizing Relative Stre
Treinamento Mql5 is an educational expert advisor designed for the MetaTrader 5 platform to demonstrate basic algorithmic trading concepts. It provides a framework for integrating technical indicators such as Moving Averages and the Relative Strength Index into a trading script. The EA includes input parameters to togg
EAM1 is a MetaTrader 5 expert advisor that utilizes the Ichimoku Kinko Hyo technical indicator to identify trading opportunities. The robot monitors the Tenkan, Kijun, and Senkou Span components to generate signals based on trend direction and component crossovers. Users can adjust the periods for the fast and slow lin
This expert advisor acts as a communication bridge between MetaTrader 4/5 and external applications via the ZeroMQ protocol, specifically aimed at executing trades from a Telegram group. It runs a local server within the terminal to receive trading instructions and optionally publish market data. The Python-based backe
This repository contains a collection of MetaTrader 5 expert advisors, primarily featuring the Pato Novo robot. Pato Novo utilizes moving average signals for trade entries and manages risk with fixed lot sizing, stop loss, and take profit parameters. It includes logic to limit the number of consecutive winning or losin
This expert advisor acts as a communication bridge between MetaTrader 5 and external software environments using the ZeroMQ messaging protocol. It implements a publisher-subscriber model to broadcast real-time symbol data, including bid and ask prices, as JSON strings over a network connection. The EA allows users to c
This MetaTrader 5 tool monitors the market price of a financial instrument and sends a push notification to the mobile terminal once a user-defined price level is reached. The utility utilizes a single input parameter to specify the target Ask price. Upon hitting the target, the expert advisor triggers the notification
This utility for MetaTrader 5 automates the collection and extraction of historical price data into CSV format. It captures essential market information including date, open, high, low, and close prices. The tool allows users to specify a single symbol for export or process all available symbols in the terminal. It inc
Make Money is a MetaTrader 5 trading robot specifically configured for the EURUSD currency pair. The expert advisor utilizes standard MQL5 library classes to monitor account status, symbol properties, and open positions. It tracks price data at minute intervals and incorporates a 25-period moving average reference for
This collection for MetaTrader 4 and 5 features the Guangying multi-symbol expert advisor alongside various utility tools and martingale-based robots. The primary system monitors multiple forex pairs and gold from a single chart using Fibonacci-derived logic for trade entries. It includes risk controls such as equity d
This MetaTrader 5 repository is a collection of various Expert Advisors and trading utilities. The primary EA implements a strategy based on the Relative Strength Index (RSI), Bollinger Bands, and Parabolic SAR indicators. It executes trades using overbought and oversold levels in conjunction with volatility bands. Ris
This MetaTrader 5 expert advisor is a research-oriented framework designed to scan and analyze Ichimoku Kinko Hyo indicator criteria across multiple symbols. It evaluates price positions relative to the Chikou Span, Senkou Span A, and Senkou Span B to identify market reactions. The utility includes features for exporti
This trade management expert advisor for MetaTrader 5 provides a comprehensive execution panel featuring a TradingView-inspired position tool. It allows users to visually define risk through draggable on-chart stop loss and take profit zones, automatically calculating lot sizes based on a percentage of account risk. Th
This repository contains a set of automated trading robots for the MetaTrader 5 platform, focusing on indicator-driven entry logic. The primary expert advisor utilizes Relative Strength Index levels to identify potential reversals, filtered by a Moving Average to ensure trades align with the prevailing trend. Risk mana
RiskGuard Pro is a multi-strategy expert advisor for MetaTrader 5 that combines automated trade execution with comprehensive risk management. It features a voting engine that aggregates signals from indicators like RSI, MACD, and Bollinger Bands. The EA supports various lot-sizing methods, including fixed lots and perc
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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