SynerPro EA is a MetaTrader 5 robot designed for managing prop firm challenges. It implements the Synergy Strategy, utilizing Heikin Ashi market bias and session-based filters to execute trades. The system features a master-slave communication architecture via shared files for coordinating between instances. Risk manag
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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
This Expert Advisor for MetaTrader 5 implements a trend-following strategy based on the crossover of 15-period and 60-period Exponential Moving Averages. It employs a continuous reversal logic to maintain market presence, switching between long and short positions as trends shift. Risk management includes ATR-based dyn
This MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator system integrated with a machine learning boosting model to execute trades. It analyzes technical factors including RSI, ATR, Z-scores, and price slopes to determine a success probability before opening positions. The robot features built-in ris
This MetaTrader 5 expert advisor functions as a bridge between the trading platform and a Redis database using the hiredis library. It consists of two components: a data connector for streaming tick and candle information and an execution connector for handling trade events and account status. The system allows externa
This repository provides a collection of MetaTrader 5 expert advisors and technical utilities designed for market analysis and automated trading. It includes a 3D correlation matrix for visualizing price relationships across multiple currency pairs. The library also features several trading robots based on Japanese can
Dino Open Engine is a data-driven algorithmic trading framework for MetaTrader 5 designed to decouple strategy logic from MQL5 code. Instead of recompiling binaries, users define strategies using a fluent C# API and store them in a shared SQLite database. A single compiled expert advisor executes these strategies based
This MetaTrader 5 expert advisor implements a grid-based trading strategy with an integrated recovery mechanism. It initiates a series of orders at fixed intervals and manages them as a collective basket. The system utilizes dollar-based targets for profit-taking and loss prevention, including a maximum total loss limi
Disook is a development framework and AI agent skill for MetaTrader 5 designed to assist in creating, debugging, and testing MQL5 expert advisors. It provides an interface for AI coding tools to manage complex logic including trend, grid, and martingale strategies. The repository contains a basic educational template t
RvFx is an automated trading system for MetaTrader 5 that utilizes grid and hedging techniques. It manages trades through a cycle-based logic, adding positions at fixed point intervals. The EA includes sophisticated lot sizing options, such as linear steps, multipliers, and a predefined sequence, which results in marti
This repository contains two expert advisors for MetaTrader 5: a reconstruction of a popular grid system and a price-action tool for gold. The primary EA utilizes RSI and price extremes for entry signals, managing trades through a grid with tiered lot multipliers. It features smart distance calculations using ATR ratio
Smart SL is a MetaTrader 5 risk management tool that calculates optimal exit levels using a multi-factor scoring system. It evaluates market structure via swing detection, ATR-based volatility, and multi-timeframe confluence. The tool offers three modes: real, virtual, and a hybrid setup with safety offsets. It include
Clipboard Signal Trader is a MetaTrader 5 utility that transforms manually copied text signals from applications like Telegram or Discord into executable orders. The software utilizes the Windows API to read the clipboard and parse trade details into a visual, editable table. It follows a human-in-the-loop philosophy,
ProRiskManager is a trade execution and management panel for MetaTrader 5 tailored for discretionary traders. It prioritizes precision by calculating position sizes directly through broker functions to match displayed risk with actual potential losses. Users can prepare trades using draggable chart lines for entry and
Simple Expert is a basic MetaTrader 5 script that serves as a minimal template for expert advisor development. It does not feature any automated trading logic, entry signals, or exit management. The code primarily focuses on demonstrating the standard event handlers in MQL5, such as initialization and tick processing.
Scorpion Risk Infrastructure is a MetaTrader 5 expert advisor focused on capital protection and trade execution. Originally derived from a smart money strategy, this framework handles position sizing based on balance risk, enforces daily loss limits, and applies cooldown periods after trades hit stop loss. It protects
This utility for MetaTrader 5 provides an interactive on-chart panel for manual trade execution and risk management. It enables traders to calculate optimal lot sizes based on a specific percentage of account balance or a fixed cash amount. The interface features draggable lines for entry, stop loss, and take profit le
XM Gold AI Trader is an automated expert advisor for MetaTrader 5 that leverages a Python-based backend powered by DeepSeek AI. The system processes market data using indicators such as RSI, MACD, and Bollinger Bands to generate signals, which are transmitted via WebSocket or TCP sockets. It includes robust risk contro
This MetaTrader 5 expert advisor is a utility for managing active positions and controlling account risk rather than executing autonomous trade entries. It features an automated lot size calculator based on percentage risk, daily loss protection in both percentage and dollar terms, and a comprehensive trade management
The News Calendar EA for MetaTrader 5 is an automated tool designed to execute or manage trades based on economic events. It features a canvas-based dashboard and utilizes an SQLite database to store and track calendar data. The system allows users to enter trades before or after news releases or pause activity during
This MetaTrader 5 expert advisor integrates with OpenAI API models, specifically GPT-4o, to analyze market data and generate trading signals. The tool sends a configurable number of recent chart bars to the AI model for processing and can execute trades automatically based on the response. It includes a chat-style inte
PASR Modular is a MetaTrader 5 expert advisor designed for automated trading using a modular framework. It employs technical indicators like ATR for dynamic stop losses and take profits, alongside ADX for trend filtering. The system integrates machine learning components for trade inference and multi-timeframe analysis
This expert advisor for MetaTrader 5 implements a bidirectional range grid strategy based on user-defined price boundaries. It automatically divides the range into two halves, executing sell orders in the upper section and buy orders in the lower section. The system includes a safety mechanism that closes all positions
This risk management expert advisor for MetaTrader 5 functions as an account-wide watchdog. It monitors equity fluctuations against user-defined thresholds for daily loss, total drawdown, and profit targets. When a limit is breached, the EA automatically closes all open positions and can optionally delete pending order
This MetaTrader 5 expert advisor serves as a development framework and diagnostic tool for organizing complex trading logic. It implements an object-oriented finite state machine to manage transitions between initialization, signal monitoring, order execution, and news restriction states. By replacing nested conditiona
Spread Slippage Monitor is a diagnostic utility for MetaTrader 5 that tracks broker performance metrics. It records real-time spread data at regular intervals and exports the information to a CSV file. The tool features an optional slippage measurement function that executes a market order and immediately closes it to
This news filter for MetaTrader 5 allows Expert Advisors to automatically suspend trading activities around high-impact economic news releases. Instead of relying on commercial APIs, the tool fetches event data from a user-hosted JSON file on GitHub using native WebRequest functionality. It monitors specific currencies
This lightweight, macro-based unit testing framework is designed for MetaTrader 5 developers to verify Expert Advisor logic and trading calculations. It provides a set of simple assertion macros for checking booleans, integers, and double-precision values directly within the terminal environment. The framework is entir
This utility for MetaTrader 5 enables automated trade notifications, profit reports, and system alerts to be sent directly to Discord and Telegram. It functions as a lightweight library that developers can integrate into their own Expert Advisors or indicators. By utilizing the native MQL5 WebRequest API, it operates w
This MetaTrader 5 expert advisor executes trades based on price action and momentum patterns, specifically identifying strong candles relative to their recent average range. The logic incorporates Fair Value Gap (FVG) detection and moving averages to filter entries. It includes automated risk management with percentage
This repository contains a collection of ten trend-following Expert Advisors for the MetaTrader 5 platform. Each robot implements a different technical strategy, utilizing indicators such as Bollinger Bands and moving averages with various smoothing methods like ParMA and SMMA. The EAs identify entry points based on ov
FXTR1 is a modular Expert Advisor for MetaTrader 5 designed with a source-first development approach. It features a strategy selection engine that includes a moving average crossover system and a pivot gravity strategy. The crossover strategy supports optional ATR-based volatility exits, while the pivot system uses ban
This MetaTrader 4 expert advisor implements a foundational trend-following strategy based on a 20-period Exponential Moving Average. It enters long positions when the market price trades above the average and short positions when it trades below. The code is designed as a template for users of the book Options Trading
This Expert Advisor for MetaTrader 5 implements trading logic based on Smart Money Concepts, specifically the ICT 2022 mentorship model. It automatically identifies market structures such as Fair Value Gaps, fractals, and rejection blocks across multiple timeframes to locate entries. The system includes a time-based fi
This MetaTrader 5 expert advisor implements a grid-based trading strategy combined with an EMA trend filter. It enters positions based on price relation to a 50-period Exponential Moving Average. If a trend reverses while a basket is active, the EA initiates a dual-mode recovery by opening a new basket in the opposing
Gartal Inc is a modular trading automation framework and strategy development template for MetaTrader 4. It provides a structured environment for testing various entry and exit logic, including Fair Value Gaps, moving average crossovers, and Donchian channels. The repository focuses on backtesting workflows, featuring
This MetaTrader 5 collection features the Prime Quantum AI expert advisor alongside a Python-based FastAPI dashboard for strategy management. The primary robot utilizes a hybrid logic, combining traditional indicators like ADX and the Bill Williams Alligator with external artificial intelligence models for market analy
ZoneTrader Pro is an automated trading robot for MetaTrader 5 that identifies and trades supply and demand zones based on price context. It features a granular session filter allowing users to enable or disable trading for specific hours of the day. The EA manages risk through a daily profit and loss protector, a news
This MetaTrader 5 expert advisor executes trades based on Renko chart patterns. It features an internal calculation engine that supports both fixed point-based brick sizes and dynamic ATR-based sizing. The system includes visual on-chart drawing of Renko bricks to provide a custom price perspective. Trade management is
This MetaTrader 5 expert advisor serves as a compliance protection layer designed for proprietary trading firm accounts. It implements three primary risk guards: an equity-anchored daily loss limit that resets at midnight, a static overall maximum loss halt based on starting balance, and a news filter that blocks new e
This MetaTrader 5 expert advisor provides an on-chart dashboard for manual trade execution and management. It features dedicated buy and sell buttons alongside editable fields for lot size, take profit, and stop loss distances. The tool includes a toggleable trailing stop mechanism that utilizes the stop loss input as
This MetaTrader 5 expert advisor implements a grid trading strategy specifically designed for sideways or range-bound market conditions. It places multiple buy and sell orders at fixed intervals defined by the user. The EA includes several operational filters, such as specific trading days and time sessions. Risk manag
This Expert Advisor for MetaTrader 5 implements a mean reversion strategy utilizing Bollinger Bands and a 200-period Exponential Moving Average. It monitors market volatility through band distance and enters trades when price action returns inside the bands following a breakout. The system executes logic only at the st
A collection of educational Expert Advisors and scripts designed for learning MQL5 programming on the MetaTrader 5 platform. The repository functions as a modular curriculum, covering programming fundamentals, event handling, and market data retrieval. It demonstrates core trade execution using the CTrade class, includ
This repository provides a collection of MetaTrader 4 expert advisors, including Evoque Global, Alpha Winner, and FXBULL. These robots primarily implement grid strategies with martingale lot scaling to manage positions. Evoque Global specifically includes a news filter, customizable trading hours, and an equity-based s
This MetaTrader 5 expert advisor functions as a signal executor that bridges TradingView alerts to the platform via local JSON files. It monitors a specified directory for trade instructions, supporting market entries and various closing commands. The EA includes internal risk controls such as maximum daily loss percen
Account Monitor EA is a utility for MetaTrader 5 designed to track and notify users of account activities in real-time. It monitors trade executions, the creation of pending orders, and modifications to Stop Loss or Take Profit levels. Notifications are sent via the ServerChan service, supporting both Turbo and SC3 mod
MQL Relay Executor is a MetaTrader 5 utility designed to automate the execution of trading signals received from external platforms like TradingView. It functions as a bridge that monitors for incoming signal data and manages the subsequent trade lifecycle. The system includes logic for automated risk management, such
This MetaTrader 5 expert advisor functions as a signal bridge and trading dashboard. It connects to an external server via a specified URL to retrieve trading signals and display account statistics directly on the chart. Users can manage positions and execute trades with predefined risk parameters, including automated
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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