This MetaTrader 5 expert advisor focuses on the EURUSD pair using an adaptive market regime approach. It alternates between trend-following and mean-reversion logic based on ADX and EMA indicators. The trend strategy utilizes price breakouts or pullbacks confirmed by RSI, while the range strategy employs Bollinger Band
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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 74Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 2Collection 51Utility 1
Strategy
This collection of MetaTrader 5 expert advisors contains numerous trading scripts, with the primary source code focusing on a gold-trading strategy. The robot utilizes a combination of the Relative Strength Index, Average True Range, and Average Directional Index alongside three simple moving averages to identify trend
This MetaTrader 5 expert advisor utilizes a weighted signal scoring system to execute trades based on four technical indicators: Moving Average crossovers, RSI, Bollinger Bands, and MACD. It incorporates multi-timeframe analysis across M15, M30, and H1 periods to confirm trend direction. Risk management features includ
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
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 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
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 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
This MetaTrader 5 expert advisor executes trades based on a combination of Relative Strength Index (RSI) and Weighted Moving Averages (WMA) across two timeframes. It compares indicator values against defined buy and sell thresholds on a primary timeframe, with an optional trend filter from a higher timeframe. Risk mana
This repository contains a collection of MetaTrader 5 expert advisors designed for various financial instruments including the DAX index, gold, oil, and major currency pairs. The library includes specialized robots like German Sunrise for DAX mean reversion and others for specific events like Friday gold moves or Tuesd
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 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
Ray Scalper is an automated expert advisor for MetaTrader 4 that uses technical indicators to trade both trend-following and counter-trend strategies. It monitors Bollinger Bands, Moving Averages, and Stochastic crossovers to trigger entries. The robot allows users to toggle between trend and anti-trend modes and inclu
Gordon Day Trading is a MetaTrader 4 expert advisor designed for automated intraday trading. It combines signals from multiple Exponential Moving Averages, the Relative Strength Index, and Bollinger Bands to determine trade entries. The software includes visualization features for Fibonacci levels and unretraced zones
This MetaTrader 4 expert advisor automates trading strategies based on the Relative Strength Index (RSI) and moving average logic. It identifies potential entry points when the RSI reaches specific overbought or oversold levels, supported by a moving average filter. The robot includes essential risk management controls
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 algorithmic scalping robot for MetaTrader 4 and 5 uses a five-factor confluence engine to identify trade entries. It monitors RSI extremes, Bollinger Band breakouts, MACD momentum, EMA ribbons, and volume acceleration. The EA employs percentage-based risk management with a strict stop loss and a flexible take prof
MATE Apex Scalper is a MetaTrader 5 expert advisor designed for scalping major forex pairs and gold. It employs a multi-symbol confluence strategy, filtering entries based on triple exponential moving average alignment, RSI levels, and Bollinger Band rejections on the M5 and M15 timeframes. The robot manages trades usi
This MetaTrader 5 expert advisor executes trades based on a time-restricted strategy combined with moving averages and Fibonacci levels. It operates within a specific daily window, opening positions between a defined start and end time and automatically closing them at a designated hour. The system utilizes 21-period s
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
An automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a combination of RSI for overbought and oversold levels, MACD for momentum, and Simple Moving Average crossovers for trend confirmation. The EA enters trades when multiple indicators align and manages them using fixed o
Trend Matrix EA is a multi-model trend-following robot for MetaTrader 5, specifically optimized for Gold trading. It utilizes a scoring matrix based on several technical indicators including Moving Averages, MACD, ADX, and Bollinger Bands to determine entries. The system employs a conservative pyramiding approach, addi
This expert advisor for MetaTrader 5 implements a technical strategy combining MACD, Stochastic Oscillator, and Parabolic SAR indicators. Designed primarily for the five-minute timeframe, it enters trades based on momentum and trend alignment. The system features robust risk controls, including stop loss and take profi
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
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 repository features two MetaTrader 5 expert advisors specifically designed for Nasdaq indices. The first strategy utilizes a mean reversion approach based on the RSI-2 indicator on daily charts to identify oversold entries within a broader uptrend. The second strategy is a trend-following system for the M15 timefr
This MetaTrader 5 expert advisor implements a multi-timeframe trading strategy across M1, M5, and M15 intervals. It utilizes a seven-period Exponential Moving Average system ranging from EMA 30 to EMA 60 to identify market conditions. When EMAs are aligned, it executes trend-following trades; in consolidated markets, i
This MetaTrader 5 expert advisor implements a multi-timeframe strategy based on Dow Theory and Granville's Laws. It analyzes market structure across H4, M15, and M5 intervals using EMA, RCI, and MACD indicators. Trades are executed based on a proprietary scoring system that requires a minimum point threshold for entry.
This repository provides a collection of MetaTrader 5 expert advisors focusing on trend-following and mean-reversion strategies. The featured Medias INDOL bot uses a triple moving average setup (140, 70, and 35 periods) combined with a 2-period Relative Strength Index (RSI) for entries. It incorporates multi-asset logi
This collection for MetaTrader 5 provides multiple trading strategies, including an Asian session breakout system, a trend-aligned mean reversion strategy, and a moving average crossover expert. The breakout logic identifies price ranges during the Asian session and initiates trades during London or New York hours if c
This MetaTrader 5 expert advisor executes a strategy combining Exponential Moving Average crossovers with Relative Strength Index filtering. It identifies entries by detecting price crossovers of the 9-period EMA confirmed by RSI levels recovering from overbought or oversold zones. The robot manages trades using define
Trend Pullback EA is an automated trading robot for MetaTrader 5 that uses Exponential Moving Averages and price action to execute trades. It identifies market trends using a dual EMA crossover system and waits for price pullbacks into the moving average zone. Valid entries require confirmation from bullish or bearish
This repository provides a collection of expert advisors for MetaTrader 5, featuring various technical strategies. The primary implementation is the Trading Made Simple system, which utilizes Hull Moving Average crossovers, Heiken Ashi candles, and Stochastic filters to identify entry signals. Other included robots foc
This collection of MetaTrader 4 expert advisors implements directional strategies using the Relative Strength Index and Keltner Channels. The tools are designed for intraday trading with specific time-window filters, frequently configured for index markets. Entry logic is restricted to specific hours, while risk manage
JiAlgo System is a MetaTrader 5 expert advisor implementing the SonicR trading methodology across various market conditions. The robot uses exponential moving averages, specifically the EMA 34 and EMA 89, to determine trend direction and slope thresholds. It executes trend-following trades on initial pullbacks from new
ÆEA is an automated trading robot for MetaTrader 4 that employs an ensemble of technical indicators to identify market imbalances. The strategy, described by the author as the Proportionality Principle, triggers trades when a specific ratio of bullish to bearish indicator signals is met. It calculates inputs from a wid
Hosopi3 Tanpoji is a single-position trading robot for MetaTrader 4 and MetaTrader 5, specifically developed to avoid martingale and averaging techniques. It triggers entries using various built-in technical indicators such as Moving Averages, RSI, Bollinger Bands, and Stochastics, or through external custom indicator
Golden7 is an automated trading system for MetaTrader 5 that utilizes a weighted confluence engine across seven technical indicators, such as Moving Averages, RSI, and Bollinger Bands. It uniquely allows users to input a manual fundamental bias score to influence trade direction. The robot includes a robust filtering s
This MetaTrader 5 expert advisor collection uses a multi-indicator approach for trade entries. The primary logic involves a combination of MACD, three Triple Exponential Moving Averages (DEMA), the Relative Strength Index (RSI), and Stochastic oscillators. It filters signals using the Average Directional Index (ADX) an
Enhanced EA is an automated trading robot for MetaTrader 5 that combines Relative Strength Index, Bollinger Bands, and Moving Average Convergence Divergence indicators to generate signals. The expert advisor includes an optional trend filter based on a 200-period moving average to align entries with the long-term marke
This collection for MetaTrader 5 provides several trend-following Expert Advisors based on technical indicators such as Ichimoku Kinko Hyo and Simple Moving Averages. The included robots utilize multi-timeframe analysis, sensitive SMA slope detection, and candlestick pattern recognition to identify entry points. Risk m
This MetaTrader 5 expert advisor executes trades based on a combination of momentum and trend indicators, specifically MACD, RSI, CCI, and ADX. It seeks trend reversal opportunities by identifying overbought or oversold conditions combined with specific trend strength requirements. The EA includes risk management featu
Advanced Scalping Multi EA is a multi-strategy scalping robot for MetaTrader 5 that integrates multi-timeframe momentum, smart money concepts, and pattern recognition. It calculates a signal confidence score based on RSI, EMA crossovers, MACD, and institutional flow tracking. The expert advisor offers four distinct mod
This collection of MetaTrader 5 expert advisors features a flagship tool that applies genetic algorithms to optimize moving average crossover strategies. The system dynamically adjusts short and long period parameters, stop loss, and take profit values based on simulated fitness and real trade performance. Risk managem
Shuka Expert is a MetaTrader 5 robot designed for risk-managed trading using technical indicators and price action filters. It identifies entries through optional EMA and ZigZag components combined with candlestick patterns, such as engulfing bars and candle length requirements. The EA manages risk via percentage-based
This expert advisor for MetaTrader 5 implements a medium-term swing trading strategy using multiple technical indicators. It identifies entries through two primary methods: trend reversals and breakouts from consolidation zones. The reversal logic utilizes Fibonacci retracement levels combined with Stochastic and MACD
This MetaTrader 5 expert advisor is designed specifically for trading XAUUSD. It utilizes a combination of the Average Directional Index (ADX) for trend strength, Relative Strength Index (RSI) for momentum, and two Simple Moving Averages for trend direction. The system uses multi-timeframe analysis, specifically checki
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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