Gold Scalper is an educational MetaTrader 5 expert advisor designed for scalping XAUUSD on the one-minute timeframe. It is presented as a masterclass tutorial to demonstrate modular coding practices. The system utilizes a 200-period Exponential Moving Average for trend filtering and the Relative Strength Index for entr
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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 is designed for gold trading using Candle Range Theory and Time-Based Strategy principles. It identifies market structure through the Accumulation, Manipulation, and Distribution cycle while detecting Fair Value Gaps and Order Blocks. The robot executes trades exclusively during specifi
Universal Market Hunter is an automated trading robot for MetaTrader 5 that targets Forex, gold, and cryptocurrency markets. It allows users to switch between two main strategies: a Bollinger Band volatility breakout and an engulfing price action pattern using volume confirmation. The system manages risk through ATR-ca
This MetaTrader 5 expert advisor is an example implementation designed to trade moving average crossovers on non-standard timeframes, specifically seconds-based charts. It executes trades based on price crossing a moving average or two moving averages crossing each other. The EA includes risk management features such a
This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring SwapTrader. This specific EA enters and exits positions at predefined times, specifically targeting the market rollover period to account for swap rates. It includes risk management settings such as fixed or percentage-based lot
Gold SnR Momentum Scalper Pro is an automated scalping robot for MetaTrader 5, specifically optimized for XAUUSD on the M1 timeframe. It identifies entry points by combining support and resistance zones with RSI and moving average momentum. The system incorporates tick-level analysis to measure buying and selling press
This repository features a headless CLI automation pipeline for MetaTrader 5, enabling users to compile, backtest, and rank MQL5 Expert Advisors through PowerShell. It contains a large collection of robots focused on candlestick patterns, such as Morning and Evening Star signals, combined with Stochastic or CCI filters
This MetaTrader 5 expert advisor implements an automated strategy based on Smart Money Concepts and the Trading Hub Juka Method. It analyzes market structure, institutional order blocks, and fair value gaps to identify high-probability entry points. The robot features multi-timeframe analysis, evaluating alignment betw
This MetaTrader 5 expert advisor acts as a bridge between Telegram channels and the trading terminal via a dedicated Python server. It uses a TCP socket connection to receive structured JSON data parsed by artificial intelligence from unstructured chat messages. The EA executes market or pending orders based on entry r
This MetaTrader 5 expert advisor automates trading using Smart Money Concepts (SMC) and Inner Circle Trader principles. It identifies market entries by detecting Order Blocks, Break of Structure, Liquidity Sweeps, and Fair Value Gaps. The system incorporates a confidence scoring algorithm that evaluates signal strength
Trade Pro 1Min Scalper is an automated trading robot for MetaTrader 5 that implements a strategy based on Bill Williams Fractals and a triple moving average system. It identifies market trends using fast, medium, and slow EMA periods and executes entries based on short-term price action. The expert advisor includes a f
This repository contains a collection of MetaTrader 4 expert advisors designed for educational purposes. The primary strategy, named Belinda, executes trades based on moving average crossovers using a 10-period and 40-period SMA, filtered by volatility via the Average True Range indicator. The collection features sever
Simple Bot is an automated trading robot for MetaTrader 4 that utilizes Bill Williams Fractals and the Relative Strength Index to execute trades. The system monitors the one-minute timeframe for fractal formation while using daily RSI values as a filter for entry. It includes built-in risk management features such as f
This MetaTrader 5 expert advisor is designed for trading gold on the one-minute timeframe. It appears to execute trades based on a price movement percentage over a specific number of bars, as indicated by the movement percent and bar count parameters. The tool includes fixed lot sizing and slippage controls but lacks v
Momgreg GP1 is an automated trading robot for MetaTrader 5 that executes trades based on signal logic and market depth monitoring. The expert advisor implements a fixed lot sizing strategy with integrated stop loss and take profit protections for each position. It features a risk management module that monitors account
A collection of systematic Expert Advisors for MetaTrader 5 designed for session-specific execution. The repository includes multiple specialized engines for strategies such as range reversion, breakouts, and trend following. It features a centralized risk management layer with spread caps, daily loss limits, and conse
This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage
This MetaTrader 5 expert advisor implements a multi-timeframe strategy combining M15 trend direction with M5 trade execution. It identifies entries using Smart Money Concepts like break of structure and order blocks, confirmed by MACD, Stochastic, and Parabolic SAR indicators. Risk management is a primary focus, offeri
Opening Bot is an automated trading robot for MetaTrader 5 that executes an opening range breakout strategy. It identifies the high and low price levels during specific market session starts, such as London, New York, Tokyo, or Sydney. The EA supports three entry models: instant breakout of the range, waiting for a can
This MetaTrader 5 expert advisor implements a multi-timeframe strategy based on the TTrades Fractal Model and Dow Theory. It operates using two distinct execution branches: Intraday (D1/H1/M5) and Swing (W1/H4/M15). The system analyzes market structure to identify points of interest, employing wick ratios and optional
This MetaTrader 5 expert advisor implements Inner Circle Trader concepts, specifically focusing on Order Blocks and PD Arrays for trade entries. The robot identifies price action structures including breakouts, range-based patterns, and Fibonacci extensions. For risk management, it utilizes ATR-based stop losses, trail
Antigravity Geo Scalper is a MetaTrader 5 expert advisor that utilizes geometric and mathematical logic to identify trade opportunities. It focuses on price action and structure, specifically avoiding lagging indicators. The strategy incorporates Fibonacci levels, Gann Fans, harmonic pattern tolerances, and linear regr
Sentinel EA is a trend-following scalping robot developed for MetaTrader 5, specifically optimized for trading Gold (XAU/USD) on the one-minute timeframe. The strategy utilizes a fast and slow Exponential Moving Average crossover to identify trade entries. It features mandatory risk controls including fixed stop loss a
This MetaTrader 5 expert advisor is designed specifically for trading gold (XAUUSD). The system utilizes a modular architecture to detect market regimes, identify ranges, and execute trades based on liquidity sweeps and breakouts. It incorporates several filters, including spread and volume checks, alongside a drawdown
This automated expert advisor for MetaTrader 5 focuses on short-term technical trading using a combination of trend and momentum indicators. It triggers entries based on RSI levels, Exponential Moving Average crossovers, and Bollinger Band deviations. Risk is managed through dynamic lot sizing and ATR-based stop loss a
Smart Scalp PA is a price action expert advisor for MetaTrader 5 designed for intraday trading and scalping. It identifies market entries using Engulfing and Pin Bar candle patterns confirmed by a higher timeframe EMA 50 trend filter. The system incorporates support and resistance clustering based on pivot highs and lo
This automated expert advisor for MetaTrader 5 implements a mean-reversion strategy based on Asian session price ranges. It identifies the high and low levels during specific Asian trading hours and monitors for a price breakout. Instead of trading the breakout momentum, it enters a position when price returns inside t
This MetaTrader 5 expert advisor utilizes a trend-following strategy based on two moving averages and the Average Directional Index (ADX). It enters trades when a short-term moving average crosses a long-term average, provided the ADX indicates sufficient trend strength. Specifically optimized for the Brazilian mini-in
Adaptive AI Scalper is a modular MetaTrader 5 robot designed for high-frequency scalping. It identifies trade entries using a weighted scoring system that evaluates signals from RSI, Moving Averages, and Bollinger Bands. The EA manages risk through automated lot sizing, ATR-based stop loss and take profit levels, trail
This Expert Advisor for MetaTrader 5 combines a London session breakout strategy with an Inverse Fair Value Gap (IFVG) trend continuation model. Designed for the EUR/USD M5 timeframe, it identifies price ranges during predefined morning hours to set pending breakout orders while simultaneously monitoring Smart Money Co
This high-frequency trading robot is designed for MetaTrader 4 and MetaTrader 5 to assist users in passing proprietary firm evaluation challenges. It employs a strategy that requires zero-slippage execution to function correctly, as it utilizes extremely tight or zero-point stop loss settings. The expert advisor includ
This MetaTrader 5 expert advisor serves as an educational repository for various automated trading strategies and capital management techniques. It features a modular architecture allowing users to toggle between multiple entry algorithms, including EMA crossovers, MACD zero-crossings, and a combination of ADX and Boll
News Trading EA is a volatility-capture robot for MetaTrader 4 and MetaTrader 5 designed to trade high-impact economic events. The EA places simultaneous buy stop and sell stop orders at a specific user-defined time before news releases. Once one order triggers, the robot is designed to close the opposite pending order
EJTrader Order Flow is a technical utility for MetaTrader 4 that implements Level 2 market depth and tape reading tools. It utilizes the Bitcoin Nano API to stream order flow data directly onto the chart using various visual layouts like BookMap and volume aggression indicators. The EA manages manual trade execution wi
This MetaTrader 4 expert advisor implements a classic moving average crossover strategy designed for scalping forex pairs and metals. It monitors two exponential moving averages, defaulting to 8 and 21 periods, to identify momentum shifts. When a crossover is detected, the robot places pending stop orders with a specif
This Expert Advisor is designed specifically for the Volatility 75 Index on the MetaTrader 5 platform. It employs a multi-timeframe strategy using exponential moving averages across H2 and M5 periods to determine trend direction and entry points. The system identifies long-term trends on the H2 chart and looks for pric
This MetaTrader 5 expert advisor implements a strategy based on Chan Lun (Zen Theory) technical analysis. It evaluates market structure and price action, using a candle size filter to determine trade entries. The robot includes built-in risk management features such as fixed stop loss and take profit orders. Additional
Ichimoku Scalper is a technical expert advisor for MetaTrader 5 that executes trades based on the Ichimoku Kinko Hyo and Parabolic SAR indicators. The system enters positions when the price interacts with the Senkou Span buffers, using the SAR for trend confirmation. It incorporates standard risk controls including fix
Wealth Protector is a MetaTrader 4 expert advisor designed for automated trading using technical indicators. It combines price envelopes and ZigZag parameters to determine market entries and exits. While described by the author as a scalping tool, it is specifically configured for use on the daily timeframe. The system
MT4 News Trade Manager is a utility for MetaTrader 4 designed to handle trade exits during high-volatility news events. It automatically applies stop loss and take profit levels to orders and features a break-even function to protect gains. The tool includes specialized Spike Take Profit logic that closes positions bas
XLiquidex is an impulsive volatility breakout robot for MetaTrader 4. It identifies entry signals using Keltner Channel breakouts, Moving Average filters, and a candle body range requirement to verify momentum. The expert advisor includes trade management features such as take profit, stop loss, break-even offsets, and
This MetaTrader 5 expert advisor is designed for gold scalping using a multi-timeframe approach. It analyzes price action across M5, M15, and H1 intervals using Exponential Moving Averages, Relative Strength Index, and Average Directional Index for entry confirmation. Trades are managed with ATR-based stop losses, take
Atlas EA is a multi-strategy intraday trading robot for MetaTrader 5, primarily focused on gold, silver, and USDJPY. It identifies market structure shifts using Smart Money Concepts, specifically targeting breaks of structure and fair value gaps during the London and New York sessions. The EA includes optional modules
This expert advisor for MetaTrader 5 focuses on scalping the BTCUSD pair using support and resistance levels on the one-minute timeframe. It calculates price floors and ceilings based on a customizable lookback period. The robot executes trades when the price enters a defined offset zone around these levels, aiming to
This expert advisor for MetaTrader 5 utilizes a multi-timeframe technical approach, scanning H1, M30, M15, and M5 periods simultaneously. It generates signals using a stochastic stack combined with RSI and stochastic divergence detection. The system incorporates a formula pack for market structure analysis, including B
EAPRO M is a price action scalper for MetaTrader 5 that utilizes a coordinate-based drag-and-drop system for trade placement. It manages execution through market, stop, and limit orders with automated position sizing based on account risk percentages. The EA incorporates multiple risk management layers, including daily
This MetaTrader 5 expert advisor automates trading strategies based on Inner Circle Trader (ICT) concepts. It identifies market structure elements such as Order Blocks, Fair Value Gaps, and Market Structure Shifts to find entry points. The robot features specific logic for Kill Zones, Asian range liquidity, and Optimal
This Expert Advisor for MetaTrader 5 implements a stop-and-reverse trading strategy using pending stop orders. It places Buy Stop and Sell Stop orders that trail price movements in a single direction to tighten the entry point. Once a position is active, the EA maintains an opposite pending order as a reversal trigger,
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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