This MetaTrader 5 expert advisor executes trades based on a combination of MACD signal levels and exponential moving average crossovers. It utilizes a 20-period and 6-period EMA to determine trend direction before initiating positions at specific MACD pip thresholds. The system employs a unique risk management approach
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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
Trading robot 446Trade manager 2Risk & protectionNews tradingCopier & bridge 1Framework & template 15Collection 147Utility 8
Strategy
Fimathe EA is a MetaTrader 5 robot designed to automate the Fimathe trading technique. It replaces manual channel drawing by analyzing a user-defined range of historical candles to determine reference channels and neutral zones. The system identifies price partitions and uses the median distance to set entry levels. Fo
This MetaTrader 4 expert advisor implements the No Nonsense Forex (NNFX) trading algorithm. It utilizes a modular structure comprising a baseline indicator for trend direction, dual confirmation signals, and a volume filter to detect market volatility. The system includes specific NNFX rules such as the seven-candle ru
FG Scalping Pro is an automated trading system for MetaTrader 5 that utilizes a multi-indicator approach to identify entry points. It combines exponential moving average crossovers with RSI momentum and Bollinger Band volatility filters to execute trades. The EA manages risk through dynamic ATR-based stop loss and take
This MetaTrader 4 expert advisor automates trading by combining the Relative Strength Index (RSI) with Ichimoku Kumo signals. It scans every instrument listed in the Market Watch window to identify entries across multiple pairs simultaneously. The robot includes a built-in spread filter to avoid high-cost executions an
This collection provides automated trading scripts and utilities for the MetaTrader 5 platform. The primary expert advisor, MATrader, utilizes a moving average crossover strategy specifically designed for the one-minute timeframe. It monitors the relationship between fast and slow moving averages to identify trends, en
Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti
AlgoMaster NNFX is an algorithm development and testing system for MetaTrader 4 and 5, built specifically to implement the No Nonsense Forex (NNFX) trading methodology. It enables users to test trading logic across 28 major forex pairs while managing complex factors like currency exposure, news events, and market volat
This MetaTrader 5 framework provides a modular structure for developing and deploying automated strategies, specifically optimized for the Mini Índice Bovespa. It includes an example implementation of the Dunnigan setup, utilizing candle sequences and price levels for entries. The system manages trades with advanced co
This collection of MetaTrader 4 expert advisors focuses on technical analysis strategies such as moving average crossovers and chart patterns. The primary EA utilizes dual moving averages alongside fractal detection to identify entry points based on price momentum. It incorporates risk management tools including hard s
This MetaTrader 4 expert advisor implements a reversal and trend-following strategy based on SOMAT3 and IRC Triplets indicators. It evaluates price action across consecutive bars to identify entries and offers an optional trend filter for signal validation. The system manages risk using fixed lot sizing, initial stop l
This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l
This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach. It synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fib
This MetaTrader 5 expert advisor collection provides multiple variants for scalping gold on the one-minute timeframe. It utilizes a combination of Stochastic Oscillator crossovers and linear regression analysis to identify trend quality and entry points. Trade management is handled through ATR-based dynamic stop loss a
Code To Cash is an end-to-end algorithmic trading system for MetaTrader 5 that combines deep learning forecasts with technical breakout logic. It utilizes a ZeroMQ bridge to receive real-time market predictions from an external Python backend. The system enters trades using BuyStop or SellStop orders at recent price ex
This MetaTrader 5 collection features several expert advisors and utility tools based on various technical analysis methods. The primary strategy uses Ichimoku Kinko Hyo components, specifically Tenkan-sen, Kijun-sen, and Senkou Span B, to identify trend-based entries. Additional bots in the repository utilize moving a
This repository contains a collection of MetaTrader 4 expert advisors focusing on technical analysis and pattern recognition. The included tools range from robots utilizing Volume Spread Analysis (VSA) and fractal-based trend detection to indicators like NeuroMACD and ACD patterns. The primary EA uses ZigZag and fracta
Autumn Harvest is a multi-strategy MetaTrader 5 expert advisor incorporating technical patterns such as RSI reversals, peak reversals, and the ignored bar strategy. It functions as both an automated trading robot and a position manager, allowing it to maintain external trades or its own. The EA includes risk controls l
This collection of MetaTrader 5 expert advisors serves as an educational resource for MQL5 programming. It contains multiple example robots utilizing technical indicators such as Moving Averages, Parabolic SAR, CCI, and Stochastic oscillators. The provided scripts demonstrate fundamental trading automation features inc
This collection for MetaTrader 4 offers a variety of specialized utilities and signal indicators to streamline trading workflows. It features a Renko generator for creating custom offline price charts with fixed or ATR-based box sizes. Additional components include an Ichimoku-based signal generator, a tool for identif
This MetaTrader 5 collection features several versions of the classic Moving Average expert advisor, modified specifically for trading on custom symbols. It includes helper functions to ensure data readiness for synthetic instruments or imported data series. The included strategies execute trades based on moving averag
MT5 Quant Lib is an MQL5 development framework and an included trend-following Expert Advisor for MetaTrader 5. It provides a modular infrastructure for trade execution, multi-symbol management, and risk control. The included strategy enters trades based on RSI triggers and CCI trend confirmation, utilizing trendline a
This MetaTrader 5 expert advisor is a modular trading system designed for XAUUSD scalping. It utilizes a multi-engine architecture to separate market analysis, risk management, and execution logic. The robot generates entry signals based on technical indicators across multiple timeframes, requiring a minimum confidence
This MetaTrader 5 expert advisor implements an automated trend-following system based on the combination of Average True Range and Moving Average indicators. Built using the modular EA31337 framework, it identifies market direction and volatility to determine trade entries. The robot supports concurrent analysis across
This MetaTrader 5 expert advisor provides a framework for testing and executing indicator-based strategies, specifically those aligned with the No Nonsense Forex methodology. It allows users to define a baseline and a secondary confirmation indicator through external inputs. Trade management includes automated ATR-base
This MetaTrader 5 repository contains a collection of expert advisors based on moving average crossover logic. The primary systems utilize fast and slow moving average indicators to identify trend shifts and execute automated trades. Risk management is handled through user-defined stop loss and take profit levels, alon
Belinda EA is an automated trading robot for MetaTrader 4 that implements a trend-following strategy based on moving average crossovers. It enters long or short positions when a short-term simple moving average crosses a long-term moving average, provided a volatility filter is met. This filter compares the current Ave
Desiree is an automated trading robot for MetaTrader 4 that utilizes Donchian Channel breakouts for trade execution. The system enters positions based on a specific lookback period and exits using a separate exit period. A notable logic constraint prevents the EA from entering a new trade if the preceding trade resulte
This MetaTrader 4 expert advisor implements a flexible strategy based on the directional consensus of multiple technical indicators. It allows users to combine Moving Averages, Stochastic Oscillators, THV3 T3, Babon Slope, and AMA Optimized modules. A trade is initiated only when all selected indicators align in the sa
This Expert Advisor for MetaTrader 5 automates a pure price-action strategy primarily designed for gold on the five-minute timeframe. It identifies market trends using swing point structures like higher highs and lower lows without lagging indicators. The EA creates supply and demand zones from engulfing candle pattern
Snipe FX Pro is a MetaTrader 5 expert advisor designed for high-frequency tick scalping, primarily pre-configured for XAUUSD. It utilizes a virtual stealth execution system to manage entries and exits without placing hard stops on the broker's server until necessary. The EA enters trades based on price breakouts or pul
This expert advisor for MetaTrader 5 implements a pure price action strategy focused on Gold (XAUUSD) on the five-minute timeframe. It identifies market trends through swing-point structure analysis and marks supply and demand zones based on engulfing candlestick patterns. Trades are triggered only when price retests a
This MetaTrader 5 expert advisor executes a breakout strategy based on specific three-day candlestick patterns. It identifies sequences of 'Up' or 'Down' days to trigger pending orders above or below the previous day's range. The EA manages entries using Buy Stop and Sell Stop orders with a configurable liquidity dista
Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs. The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe t
This MetaTrader 5 expert advisor implements Smart Money Concepts and the ICT Silver Bullet strategy, specifically optimized for XAUUSD. It executes trades on the M15 timeframe after confirming trend alignment on H4, H1, and M30 charts using exponential moving averages. The robot evaluates trade setups based on fair val
This MetaTrader 5 expert advisor implements a trend-following strategy based on the SuperTrend indicator. Built using the EA31337 framework, it supports multi-timeframe analysis through a configurable bitmask parameter. The EA enters trades based on indicator signal reversals and manages operations across various chart
This MetaTrader 5 expert advisor provides a versatile framework for trading based on Heiken Ashi price action. It allows users to toggle between numerous built-in strategies, including trend following, moving average crossovers, Fibonacci levels, and various oscillators like RSI and MACD. The system includes an option
This repository provides a collection of MetaTrader 5 expert advisors based on Smart Money Concepts and ICT methodologies. The tools implement price action strategies including Fair Value Gaps, Market Structure Shifts, and the Next Day Model. Each EA handles trade execution with automated risk-based lot sizing and conf
This MetaTrader 5 expert advisor automates trading decisions by combining moving average crossovers with volume and momentum filters. It enters buy positions when a fast moving average crosses above a slow one, provided volume is increasing and the Relative Strength Index indicates the market is not overbought. For ris
This collection for MetaTrader 5 provides several expert advisors based on classic technical indicator strategies. The primary algorithms utilize Triple and Double Moving Average crossovers filtered by ADX values to confirm trend strength before entry. A secondary strategy uses RSI-filtered engulfing candle patterns. R
Liangxifeng MT4 Collection is a repository of MetaTrader 4 expert advisors focused on automated trading strategies. The primary EA employs a dual moving average crossover system to initiate trades and features a scaling mechanism that increases lot sizes as the market moves in favor of the position. It manages risk thr
AE Expert Curious is a collection of MetaTrader 4 expert advisors based on the Raghee Horner trend-following methodology. It utilizes specific Exponential Moving Average crossovers, including the 13, 21, 34, and 55-period lines, to determine market direction and momentum. The strategy incorporates several technical fil
This MetaTrader 4 expert advisor executes trades based on momentum oscillators, trend filters, and price action patterns. It utilizes a Stochastic oscillator alongside multiple Exponential Moving Averages to identify entry points in alignment with the prevailing trend. The logic incorporates candlestick analysis, speci
This automated expert advisor for MetaTrader 4 executes trades based on moving average crossovers and trend-following logic. It incorporates the Chandelier Exit method, utilizing the Average True Range and price extremes to determine market direction. Risk management is handled through user-defined stop loss and take p
This MetaTrader 4 repository contains a collection of experts and tools focused on technical indicators and machine learning. It features an implementation of Alexander Elder's Triple Screen strategy using Exponential Moving Averages and MACD to filter trends and entries. Additionally, the collection includes a machine
Price Action Expert is a MetaTrader 4 robot that automates trade execution by combining Fibonacci levels with candlestick pattern analysis. The EA identifies the prevailing market trend through Fibonacci ratios and seeks entry signals using pin bars, engulfing patterns, and morning star formations. It features automate
This MetaTrader 5 expert advisor automates trading based on the Japanese Ichimoku Kinko Kyo system. It identifies market trends and generates buy or sell orders using the Tenkan-sen, Kijun-sen, and Senkou Span components. The robot includes built-in risk controls such as fixed stop loss and take profit levels, and it a
This repository provides a collection of four Expert Advisors for MetaTrader 5, developed using the MQL5 standard library framework. These robots focus on trend-following and momentum strategies using indicators like Moving Averages, MACD, and the MESA Adaptive Moving Average. Notable features include a Parabolic SAR t
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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