Steadx is an Expert Advisor for MetaTrader 5 that automates various Smart Money Concepts and ICT strategies. It utilizes multiple entry models, including Order Block and Fair Value Gap confluences, the Unicorn model, and liquidity sweeps during specific sessions. The system filters trades using higher-timeframe trend a
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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 MetaTrader 5 expert advisor implements a multi-layer Long Short-Term Memory (LSTM) neural network for automated trading. It leverages a custom CUDA-accelerated DLL to handle intensive GPU computations, including asynchronous training and batch inference. The strategy processes data from three configurable timefram
This MetaTrader 5 expert advisor implements a single-layer neural network to generate market signals without requiring external machine learning libraries. It utilizes native MQL5 matrix and vector operations to train a model directly on historical data, using the Relative Strength Index and Bollinger Bands as primary
MTF Confluence Trend is a MetaTrader 5 expert advisor designed for trend-following across multiple timeframes. It initiates trades when the local Supertrend indicator aligns with a higher timeframe trend, further filtered by ADX strength and optional volume conditions. The robot includes risk management features such a
This MetaTrader 5 expert advisor serves as a bridge for the NautilusTrader Rust engine, enabling high-frequency trading strategies. It focuses on order flow analysis and order book imbalance through a dedicated DLL integration. The EA manages execution using either fixed lot sizes or percentage-based risk, with built-i
This MetaTrader 5 expert advisor is a multi-timeframe scalping robot optimized for gold trading. It utilizes a higher-timeframe bias filter combined with lower-timeframe entry triggers based on a weighted scoring system. The strategy integrates Exponential Moving Averages, ADX for trend strength, Stochastic RSI, and VW
SNRZ Bot is an automated trading system for MetaTrader 5 that implements a support and resistance breakout strategy. It identifies significant price levels requiring at least two touches and enters trades when price breaks and subsequently pulls back to these zones. The expert advisor includes built-in risk management
This MetaTrader 5 expert advisor executes a long-only bullish continuation strategy. It identifies trade entries by combining specific candlestick patterns, such as bullish engulfing and harami, with trend-following filters. For a buy order to trigger, the price must close above both the 50 and 200 exponential moving a
Ultimate ICT Gold Scalper is a modular expert advisor framework for MetaTrader 5, primarily focused on gold trading using institutional concepts. It provides a robust risk management foundation, including daily, weekly, and monthly drawdown limits and maximum consecutive loss protections. The system handles position ma
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
Straddle TP SL EA is a breakout robot for MetaTrader 5, specifically optimized for gold trading. It implements a straddle strategy by placing buy-stop and sell-stop orders at the boundaries of a recent price range, typically using the last M5 candle. The EA includes risk management features such as ATR-adaptive stop lo
This collection for MetaTrader 5 provides a diverse range of algorithmic trading strategies and utility scripts. The featured Precision Sniper EA utilizes indicator resonance, combining EMA, RSI, and ATR for entry signals. It incorporates sophisticated risk controls including three-stage partial profit taking, structur
Celebro XAU is a microtick scalping robot for MetaTrader 5, specifically developed for gold trading. It analyzes short-horizon price velocity, acceleration, and uptick imbalance using a rolling tick buffer to identify entry points. The system manages risk through automated position sizing based on account equity, manda
This expert advisor for MetaTrader 5 automates gold (XAUUSD) trading based on a Moving Average Convergence Divergence (MACD) crossover strategy. It enters long positions when the MACD line crosses above the signal line with a positive histogram, and short positions for the opposite crossover. Risk management features i
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance. It monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit
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
This MetaTrader 4 expert advisor is designed for XAUUSD scalping on the M1 timeframe. It switches logic based on market regimes: in trending markets, it follows the higher timeframe direction using EMA reversals and breakout entries, while in ranging markets, it executes trades based on liquidity sweeps at price extrem
Harmonic Five is a MetaTrader 5 trading suite designed for harmonic pattern detection and execution across forex, gold, indices, and cryptocurrencies. It identifies ABCD, Gartley, Bat, Butterfly, and Crab formations using Fibonacci geometry. The included expert advisor handles entries on fresh patterns and manages exit
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,
PCI EA is a MetaTrader 5 algorithmic trading system designed for XAUUSD. It utilizes statistical mechanics and Shannon entropy to measure market chaos and identify trade entries. The architecture comprises a modular system including a quantum engine for signal generation, a Z-score validator for trade filtering, and a
This MetaTrader 5 expert advisor automates an institutional-style breakout-retest strategy. It identifies structural high and low points within a defined lookback window and waits for a breakout followed by a confirmed pullback to the broken level. The EA utilizes a 50 and 200 EMA trend filter and ADX for momentum veri
TitanAI 4H Range Scalper is a MetaTrader 5 expert advisor that executes a range rejection strategy based on the 00:00 New York H4 candle. The EA identifies a fixed daily range and monitors for false breakouts or liquidity sweeps, entering a trade when price closes back within the range boundaries. It features robust ri
The Phoelix Receiver EA is an automated execution bridge for MetaTrader 5 that translates signals from TradingView into live market positions via a Telegram API pipeline. It functions as a low-latency connector, polling a specific Telegram channel for trade instructions including entry, exit, and lot sizing. The adviso
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
This MetaTrader 5 expert advisor suite contains two separate robots designed for scalping Gold and Bitcoin. The Gold Scalper functions during specific market sessions, while the Bitcoin Scalper trades continuously. Both tools utilize a moving average crossover system to place buy and sell stop orders at predefined dist
This MetaTrader 4 expert advisor implements a mean-reversion strategy using Z-score analysis of VWAP log-returns. Instead of fixed parameters, the system dynamically calculates an optimal lookback window by comparing observed price volatility against theoretical random walk models. The EA enters trades when price retur
Acteck QA5 is an analytical tool for MetaTrader 5 that performs quantitative analysis on historical price movements to identify trend segments and potential reversal zones. It utilizes a user-defined volatility filter in pips to categorize waves and calculates the mathematical probability of price exhaustion based on h
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 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
XAU Confluence EA is an automated trading robot for MetaTrader 5, specifically tailored for the gold market. The system executes trades based on a triple-confluence strategy that integrates an exponential moving average ribbon for trend direction, Donchian Channel breakouts with volume confirmation, and a proxy-CVD ind
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
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
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
Smart Trader Forex is an automated expert advisor for MetaTrader 5 that employs dual strategies for trend following and mean-reversion scalping. It monitors over 15 currency pairs simultaneously using a multi-symbol scanner and a signal quality filter. Risk management includes ATR-based stop losses, trailing stops, and
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 MetaTrader 5 expert advisor automates the Breakout-To-Market-Maker (BTMM) strategy, featuring eight distinct intraday setups including M/W patterns, NYC reversals, and EMA200 bounces. It employs a signal arbitration engine to score and prioritize trades based on confluence, liquidity, and regime alignment. Risk ma
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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