Bakome Bitcoin EA is a trend-following robot optimized for trading BTCUSD on the MetaTrader 5 platform. It generates trade signals using an exponential moving average crossover combined with price breakouts on the H1 timeframe. The system features a grid recovery module that adds positions with a lot multiplier when tr
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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
Trading robot 30Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 2Collection 40Utility 1
Strategy
This MetaTrader 5 expert advisor collection provides various automated strategies, with a primary focus on swing trading gold. The core logic utilizes dual Exponential Moving Averages for trend filtering and the Relative Strength Index to identify specific entry points. It manages risk using Average True Range for dyna
Adaptive Quant Grid is an automated trading system for MetaTrader 5 that utilizes a dynamic grid strategy. It adjusts grid spacing based on market volatility using the Average True Range indicator and includes a regime filter powered by ADX and EMA to distinguish between trending and ranging markets. The EA supports sy
Dane Auto Bot is a MetaTrader 5 expert advisor that combines trend-following filters with a grid-based execution system. The robot uses multiple Exponential Moving Averages to identify the primary market trend and the Relative Strength Index to find specific entry points. When conditions are met, it places a series of
This expert advisor for MetaTrader 5 focuses on scalping XAUUSD during the London and New York trading sessions. It employs a multi-timeframe filtering system using EMAs and ADX to identify momentum, alongside tick-level price analysis for entry. The bot executes a stacking strategy, allowing multiple positions to be o
This MetaTrader 5 repository contains a collection of expert advisors centered on Smart Money Concepts and automated grid systems. The featured EA Lucre employs a grid strategy with integrated martingale or anti-martingale lot scaling. It manages risk through daily profit targets, drawdown limits, and optional multi-ti
This MetaTrader 5 expert advisor utilizes statistical normalization and trend filters to execute trades within a grid recovery framework. It identifies entry points using the Fisher Transform for overbought or oversold conditions, filtered by QQE trend alignment and ADX volatility thresholds. When a position moves agai
This high-frequency expert advisor for MetaTrader 5 implements a grid-based strategy using pending stop orders across major forex pairs and gold. It dynamically places buy and sell stops at calculated distances from the current price, adjusting them based on market volatility and spread calculations. The system manages
Punlie Bull Run is a trend-following expert advisor for MetaTrader 5 that focuses on bullish market phases. It employs a grid strategy, opening buy positions at fixed point intervals once specific conditions are met. The robot includes a trend filter based on the daily timeframe and a resistance price barrier to delay
Long Tail Scalper is a MetaTrader 5 expert advisor designed for trend-following strategies with a focus on surviving ranging markets. It implements a fixed reward-to-risk ratio and a dynamic grid-based system to manage position entries and exits. The robot utilizes a progressive lot sizing sequence to recover during ma
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
Ajip 3 EA is a MetaTrader 5 robot designed to trade trends identified by a 200-period Simple Moving Average. It monitors price action across two timeframes, typically using M15 for trend identification and M1 for execution. The strategy involves opening multiple layers of positions based on candle breaks, categorized i
This collection of MetaTrader 5 expert advisors provides several distinct trading strategies, including trend following, grid systems, and dollar-cost averaging (DCA). The repository contains multiple specialized files for various instruments like EURUSD and BTCUSD. Traders can configure grid spacing, order volume, and
The Forever Free EA is a MetaTrader 5 trading robot designed for forex and indices. It employs a grid strategy that can be configured with martingale or fixed lot increments. The system utilizes dual magic number engines to manage separate trade streams and includes a trend mode to align entries with market direction.
This repository contains a collection of MetaTrader 5 expert advisors and scripts designed for learning and development. The included tools range from data visualization utilities like tick density heatmaps to trading strategies involving Bollinger Bands, Envelopes, and grid systems. It features management scripts for
This collection for MetaTrader 5 provides several automated trading robots, primarily focusing on the Trailing Break Even Parcial expert advisor. This specific strategy utilizes a combination of three Moving Averages and Ichimoku Kinko Hyo parameters to execute trades. The software includes robust trade management modu
This repository contains a collection of MetaTrader 5 expert advisors developed for strategy experimentation and technical analysis. The robots utilize various technical indicators, including Moving Averages, MACD, Parabolic SAR, and RSI for trade entries. Risk management is handled through configurable stop loss and t
This repository contains a collection of MetaTrader 5 expert advisors built using the standard MQL5 library framework. The featured expert advisor, ExpertMAPSARSizeOptimized, generates trade signals based on a Moving Average and manages active positions using a Parabolic SAR trailing stop. It includes a money managemen
This repository contains a collection of MetaTrader 5 Expert Advisors and graphical tools. It includes several technical strategy robots based on Relative Strength Index crossovers, Bollinger Bands, and Moving Averages. Additionally, it features advanced 3D visualization utilities such as a correlation matrix and a mat
The US30 US500 Trading Collection for MetaTrader 5 provides a variety of expert advisors and analytical utilities. Although the repository name indicates a focus on major indices, it primarily contains standard technical indicator examples such as MACD, Moving Average, and Parabolic SAR. A notable component is a 3D cor
This repository provides a collection of MetaTrader 5 expert advisors focused on technical indicator strategies. The primary expert advisor implements a trend-following approach using the Average Directional Index to identify momentum and Exponential Moving Averages for entry signals. Risk management is handled through
Se-0303 is an automated trading robot for MetaTrader 4 and 5 that employs a grid-based approach with Martingale lot scaling. It determines entries through trend analysis and M1 fractals, using coefficients to calculate order distances and take profit targets relative to price height. The EA includes specific risk contr
This repository provides a collection of Expert Advisors for MetaTrader 5, primarily focused on technical indicator strategies and algorithmic trading examples. The main file utilizes a Moving Average signal combined with a Parabolic SAR trailing stop for automated trade management. It includes a lot-sizing module that
This repository serves as a collection of MetaTrader 5 expert advisors and educational scripts. It includes a variety of automated trading systems based on common technical indicators such as Moving Averages, RSI, and Stochastics. The collection features specific strategies including Bill Williams techniques and trend-
DWater EA is an automated trading robot for MetaTrader 5 that uses a trend-following approach based on price speed and position relative to trendlines. It utilizes smoothed moving averages across dual timeframes to identify entries. The strategy incorporates a grid-based recovery mechanism, adding positions at fixed in
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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