MT4 
MT5 
Mr X Grid Hedge is a MetaTrader 5 expert advisor specifically designed for XAUUSD trading. It utilizes a grid strategy with entry signals confirmed by a combination of EMA crossovers, RSI bounds, and ATR volatility filters. The system manages risk through automated hedging triggered by drawdown or specific grid depth.
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Free MT4 & MT5 Expert Advisors
2,116 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 executes an Opening Range Breakout strategy enhanced with a daily trend filter. It identifies the high and low price levels during a specific market session opening, defined by the user. The robot enters trades when price breaks out of this range, but only if the direction matches t
This collection for MetaTrader 5 features a suite of tools focused on drawdown protection and price action strategies. The primary risk management utility monitors account equity and balance, allowing users to set maximum loss thresholds in either percentage or fixed currency amounts. It can automatically block trading
This expert advisor for MetaTrader 5 automates trading strategies based on the Asian session price range. It calculates the high and low of a defined Asian session and executes breakout or range-reversion trades during the US session. The robot includes automated risk management features such as lot sizing, stop loss a
This MetaTrader 5 collection provides specialized robots for trading XAUUSD, featuring a range-based mean reversion system and a trend-following expert advisor. The primary mean reversion strategy utilizes RSI, Bollinger Bands, and previous daily highs and lows to identify reversal points. It includes comprehensive ris
MQ Autonomous is a momentum breakout expert advisor for MetaTrader 4 and MetaTrader 5. It scans multiple assets simultaneously for significant daily price movements exceeding a specified percentage. Once a threshold is met, the system seeks entries based on price breaking recent highs or lows, supported by a volume ave
Oslib is an extensive repository of Expert Advisors and indicators for MetaTrader 5, encompassing various quantitative trading approaches. The collection includes statistical arbitrage robots that trade spreads between two correlated symbols, machine learning experts utilizing Support Vector Machines (SVM), and high-fr
This repository serves as an extensive educational resource for MetaTrader 5, containing a wide variety of Expert Advisors and indicators based on a series of MQL5 development articles. It includes robots utilizing technical indicators such as RSI, MACD, Ichimoku, and Bollinger Bands. The collection features tools for
Span Model Trader is an automated expert advisor for MetaTrader 4 that utilizes the Span Model and Super Bollinger technical indicators. It identifies entry and exit signals based on components such as the Blue Span and Delayed Span. The robot operates on a bar-by-bar basis, executing logic only at the opening of a new
This MetaTrader 5 expert advisor combines Bollinger Band mean-reversion, squeeze breakouts, and EMA crossover trend following. It filters for ranging markets using a long-period EMA slope to execute reversal trades with candlestick confirmation, specifically identifying Doji patterns at the bands. Risk management inclu
This collection of MetaTrader 5 expert advisors integrates external machine learning models via a local HTTP daemon for trade execution. The core system, GGTH-SR, utilizes sophisticated position sizing based on the Kelly Criterion with confidence-based scaling and smoothing. It includes an adaptive scalping module with
This MetaTrader 5 expert advisor combines technical indicators with price action to automate trading decisions. It incorporates five individual strategies including EMA crossovers, candlestick engulfing patterns, and support or resistance breakouts. The system is specifically calibrated for the 30-minute timeframe and
Price Action Bot is a technical Expert Advisor for MetaTrader 5 that executes trades based on market structure shifts, specifically Break of Structure (BOS) and Change of Character (CHoCH) signals. It supports two entry modes: waiting for a price retest of broken levels or entering immediately on a breakout candle clos
Eagle Eyes EA is an automated MetaTrader 5 robot that executes trades based on institutional Smart Money Concepts, specifically focusing on the Breaker Block retest strategy. It monitors price action for Break of Structure events and validates Order Blocks before entering positions on price retests. The EA incorporates
This artificial intelligence expert advisor for MetaTrader 5 utilizes a Double-Dueling Deep Recurrent Q-Network with LSTM memory to automate forex trading. The system processes a 45-dimensional state space to execute trades based on reinforcement learning. It includes extensive risk management features such as ATR-base
This MetaTrader 5 expert advisor acts as a communication bridge between the trading platform and external software via a TCP server. It enables external applications, such as Python scripts, to execute trades, modify positions, and close orders remotely. The system provides real-time market data and account information
Punlie Raging is a grid-based trading robot for MetaTrader 5 that executes orders at fixed point intervals. It includes a trend filter to limit trading to specific market directions, such as only trading in uptrends verified on daily timeframes. For trade management, the advisor features an adjustable trailing stop and
This utility for MetaTrader 5 exports historical and real-time price data from the active chart symbol to CSV files. It records open, high, low, close, and volume information, saving these files directly to the platform's local file directory. The tool allows users to select multiple timeframes for export simultaneousl
This MetaTrader 5 expert advisor executes trades based on supply and demand zones combined with support and resistance levels. It performs multi-timeframe analysis across H1 and M5 charts to identify entry points. The robot utilizes price action patterns like double tops and head-and-shoulders for confirmation. Risk is
This MetaTrader 5 expert advisor serves as a signal generation tool primarily designed for the EURUSD currency pair. It identifies entry signals by combining MACD crossovers and Relative Strength Index levels, using a 200-period Exponential Moving Average as a primary trend filter. The system integrates a fundamental n
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
This library provides a comprehensive framework for developing graphical user interfaces within MetaTrader 5 and MetaTrader 4 applications. It simplifies the creation of custom trading panels, dashboards, and interactive elements through pre-built components and quick-creation methods. The library features improved eve
This MetaTrader 5 expert advisor automates a bullish continuation strategy designed primarily for the five-minute timeframe. It identifies long entry opportunities by combining price action with technical trend filters. The robot enters trades when specific candlestick formations, including engulfing or harami patterns
This MetaTrader 5 utility calculates lot sizes based on account balance, risk percentage, and stop-loss distance. It features a graphical interface with draggable lines for entry, stop-loss, and take-profit levels to assist with precise trade planning. The expert advisor includes a portfolio risk overview, commission a
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
The AI Quantum Learning Advanced Trailing Stop EA is an automated trading robot for MetaTrader 5 that employs neural network structures and quantum probability calculations. It monitors market patterns by analyzing price changes, volume, volatility, and indicators like RSI. The EA manages risk using fixed stop loss and
Telegram To MT5 Copier is a utility for MetaTrader 5 that bridges communication between Telegram and the trading terminal. It retrieves messages from Telegram channels, groups, and private chats using a custom bot and displays the content directly on the active chart as comments. The tool provides real-time updates bas
This MetaTrader 5 expert advisor is a multi-timeframe scalping robot designed for the forex market. It utilizes a Currency Strength Meter (CSM) combined with a technical indicator suite including RSI, MACD, and ADX to identify entry signals across various periods from M1 to H4. The system incorporates comprehensive ris
This MetaTrader 5 expert advisor provides a framework for trade execution and management, specifically targeting EURUSD and XAUUSD markets. It handles the full trade lifecycle, including automatic lot size calculation based on a defined risk percentage per trade. The EA utilizes fixed stop loss and take profit levels m
This repository features a collection of MetaTrader 5 expert advisors designed for automated trading across various market conditions. The included tools range from grid-based systems like Mecha-Godzilla to range-reversion and breakout strategies. The expert advisors offer modular risk management, including daily loss
Trend EA is a collection of MetaTrader 5 expert advisors providing various automated trading strategies, including grid, martingale, and trend-following systems. The repository features implementations of the Turtle trading method, Donchian Channel breakouts, and moving average crossovers. Each expert advisor allows fo
This MetaTrader 4 expert advisor is designed specifically for the EURUSD pair, focusing on price surge detection and subsequent pullback entries. It identifies significant volatility using ATR and candlestick body ratios, entering trades during correction phases. The robot incorporates multi-timeframe analysis across M
This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicators and Smart Money Concepts. The primary expert advisor, Behemoth Max, utilizes a combination of MACD, weighted moving averages, and exponential moving averages across multiple timeframes to identify entries. Ris
LSF X Engine is a MetaTrader 5 expert advisor designed for momentum-based trading through mathematical price smoothing. It utilizes a Kalman filter to reduce market noise and calculates the Least Squares Fitting slope to identify the prevailing trend direction. The strategy triggers entries during high-velocity price b
This MetaTrader 5 expert advisor is designed for swing trading gold (XAUUSD). It employs a trend-following strategy using 50 and 200 Simple Moving Averages, ADX for trend strength, and RSI for momentum filters. The system requires multi-timeframe confirmation from H4 and D1 charts before entering trades. Risk managemen
Boleta MT5 is a manual trade execution tool for MetaTrader 5 that facilitates order routing via keyboard hotkeys. It allows users to open buy and sell market orders, cancel pending orders, and perform partial or full position closures using customizable shortcut keys. The utility includes basic risk management settings
This MetaTrader 5 expert advisor automates a breakout strategy based on the high and low price levels of a 4-hour candle. It places limit orders at these boundaries, specifically timed for the New York 9 AM market open to capture volatility. The bot features dynamic adjustments for Daylight Saving Time and broker serve
This MetaTrader 5 Expert Advisor establishes a TCP socket connection to an external Python server to facilitate real-time data exchange. It acts as a client that transmits symbol closing prices and handles incoming responses from the server. The tool features robust reconnection logic to maintain the link during server
LinearFX Trader is an automated expert advisor for MetaTrader 5 that utilizes mathematical linear regression to identify trading opportunities. The robot analyzes historical price data over a configurable lookback period to determine market direction. It includes essential risk management features such as fixed lot siz
This MetaTrader 4 expert advisor implements a cumulative profit strategy based on support and resistance levels. The system identifies potential trade entries by analyzing historical price extremes over a defined lookback period while excluding recent price action. It manages trade exits collectively, closing the entir
Backwater EA is a MetaTrader 5 expert advisor that automates trading based on Smart Money Concepts, specifically focusing on Fair Value Gaps and Inversion Fair Value Gaps. The robot monitors price action and market structure to identify entries, filtering signals using a 50-period and 200-period Simple Moving Average c
This MetaTrader 5 repository provides a collection of expert advisors and utility tools for Forex, Gold, and cryptocurrency markets. It includes automated strategies exported from EA Studio alongside a custom manual trading panel. The primary interface allows users to execute trades directly from the chart, manage lot
This repository contains a collection of MetaTrader expert advisors for MT4 and MT5, featuring various algorithmic trading strategies. The primary EA, North East Way, implements a multi-currency grid and martingale system focused on mean reversion for correlated pairs such as AUDNZD and NZDCAD. It manages risk through
MAStoch is a MetaTrader 5 expert advisor that executes trades based on moving average crossovers, with an optional Stochastic oscillator filter for overbought and oversold conditions. It features a dual-stage exit strategy allowing for partial closes at different Fibonacci levels or fixed currency targets. Risk control
This MetaTrader 5 expert advisor automates a multi-timeframe price action strategy, identifying price extremes on a higher timeframe to seek entries on a lower timeframe. It features time-of-day filters and robust risk management, including percentage-based position sizing, maximum daily trade counts, and daily profit
This MetaTrader 4 expert advisor is an automated trading robot developed using the fxDreema visual building framework. It utilizes an adaptive Relative Strength Index for market analysis and trade execution. The system features risk management controls based on account percentages, including inputs for balance-based si
This MetaTrader 4 expert advisor implements a multi-strategy approach for trading various currency pairs and gold. It combines technical indicators including Moving Averages, RSI, Bollinger Bands, and ADX with price action concepts such as support, resistance, and engulfing patterns. The EA features risk management too
This repository contains a collection of Expert Advisors and trading tools developed for the MetaTrader 4 platform. It features multiple standalone scripts implementing classic technical strategies, including Ichimoku Cloud trend following, Moving Average crossovers, and momentum-based entries using RSI or MACD. The Ex
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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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