This MetaTrader 5 expert advisor automates trading for XAUUSD using Smart Money Concepts. It implements a multi-timeframe approach, analyzing the H1 for bias, M15 for structure, and M5 for execution. The strategy enters positions based on order blocks, fair value gaps, and liquidity grabs. Risk controls include percent
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 167Trade manager 4Risk & protectionNews tradingCopier & bridge 9Framework & template 8Collection 146Utility
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Collinator is a MetaTrader 4 expert advisor specifically designed for trading US30 during the New York market open. It initiates trades based on the 8:30 AM candle trend or moving average crossovers. The robot features comprehensive exit management, including four stages of partial profit taking and a break-even stop l
This MetaTrader 4 repository contains a large collection of automated trading systems, including scalpers, grid bots, and trend-following tools. The primary expert advisors utilize indicators such as Bollinger Bands and Average True Range (ATR) for entry and exit signals. Risk management features include percentage-bas
This MetaTrader 5 expert advisor executes a mean reversion strategy based on price deviation from a Simple Moving Average. It enters short positions when prices rise above the average and long positions when prices fall below. The algorithm utilizes an aggressive grid-based recovery system where both the entry distance
Icarus is an automated trading system for MetaTrader 4 that employs a grid strategy with Martingale lot scaling. It utilizes Bollinger Bands and the Stochastic Oscillator to identify entry points, offering a conjunctive mode for filtered execution. The EA manages risk through maximum position limits, equity warning thr
This MetaTrader 4 expert advisor provides a robust framework for developing automated trading strategies. It includes pre-built modules for trend detection using ADX and Moving Averages, alongside pullback entry logic. The template emphasizes risk management, featuring percentage-based lot sizing and adaptive volatilit
This MetaTrader 4 repository provides a collection of expert advisors and technical utilities built on a custom framework. The primary trading systems, such as New Golden EA, utilize trend-based logic across multiple timeframes including H4, H1, and M15. These robots implement a multi-stage trailing stop mechanism that
This repository is a large collection of over 2,400 MetaTrader 4 and 5 files, including expert advisors, utilities, and indicators. It includes a trade copier client that synchronizes positions via socket libraries. The systems manage trades through sophisticated risk controls like equity-based trailing stops, cycle-pe
This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
This collection provides MetaTrader 5 Expert Advisors sourced from MQL5 programming documentation. The primary tool, Unity Martingale, implements a multi-currency reversal strategy using breakout or pullback signals. It employs a martingale lot-scaling system that increases positions after losses based on a user-define
This library and example Expert Advisor provide an MQTT client interface for MetaTrader 5. It enables the platform to communicate with external MQTT brokers using version 3.1 or 3.1.1 protocols. The system supports both encrypted TLS and standard TCP/IP connections. Users can publish messages to specific topics and sub
This MetaTrader 5 expert advisor provides a basic implementation of the Martingale strategy for forex markets. It initiates trades using a base lot size and applies a multiplier after losses to recoup previous deficits, utilizing fixed stop loss and take profit levels for exit management. The logic is extremely minimal
This MetaTrader 5 expert advisor utilizes a multicurrency strength system to identify trading opportunities by comparing relative currency values. It calculates strength based on a configurable lookback period, typically using H4 data, and includes triangular weighting and smoothing options. The robot manages exits usi
EA HiLo is an automated trading robot for MetaTrader 4 that utilizes the HiLo Activator indicator for signal generation. It executes buy orders when the price closes above the indicator and sell orders when it closes below. The system includes a directional filter based on a moving average to confirm market trends befo
This MetaTrader 4 repository hosts a large collection of automated trading systems, including the Aladdin 9 FX expert advisor. This specific tool identifies entries using the Commodity Channel Index and a Moving Average filter. It operates using a grid-based logic combined with martingale lot scaling, controlled by a l
This repository contains an extensive library of MetaTrader 5 expert advisors covering various algorithmic trading methodologies. The collection includes strategies based on Bollinger Bands, Relative Strength Index, moving average ribbons, and swing failure patterns. A core focus is the Ighodalo series for gold and CFD
This MetaTrader 5 expert advisor is designed for gold trading using a combined martingale and grid approach. It uses a moving average crossover filter to determine initial entry direction. If the market moves against the position, the EA opens additional trades at fixed intervals, increasing the lot size via a multipli
This repository provides a collection of MetaTrader 5 expert advisors featuring traditional technical indicators and advanced machine learning integrations. The library includes strategies based on Moving Average crossovers, MACD, and Bollinger Bands, alongside risk-heavy models like martingale and hedging systems. A c
Profit Hunter is an expert advisor for MetaTrader 4 designed for forex and cryptocurrency trading. It utilizes a composite signal strategy combining Triple Moving Average, Adaptive RSI, CCI, iTrend, and Fisher indicators. The robot executes trades using a grid system where distances between orders are set manually or c
This repository hosts a collection of MetaTrader 4 expert advisors, with a primary focus on automated candlestick pattern trading via CandleBot. This robot monitors for numerous formations including hammers, engulfing candles, and stars to execute trades. It incorporates risk management through fixed lot sizes or depos
GitGpa is an extensive repository of MetaTrader 4 expert advisors, primarily featuring implementations of the OzFX strategy alongside various technical indicator-based bots. The collection includes tools for trend chasing, breakout trading, and moving average crossovers. These experts incorporate multiple risk manageme
The Belinda Sizing EA is a MetaTrader 4 expert advisor that executes a trend-following strategy based on Simple Moving Average crossovers. It uses a volatility filter comparing current Average True Range values against historical data to confirm market conditions before entry. Trades are managed with a hard stop loss a
This MetaTrader 4 expert advisor executes a trend-following strategy based on simple moving average crossovers. It enters trades when a short-term SMA crosses a long-term SMA, provided a volatility filter using the Average True Range is met. The system includes automated exit logic via opposite crossovers, a hard stop
This high-frequency scalping robot for MetaTrader 5 is specifically designed for the gold market. It determines entry points using a combination of EMA trend filters, ADX trend strength, and dynamic RSI levels. To recover from losing positions, the EA utilizes an aggressive martingale grid system with a customizable lo
This machine learning robot for MetaTrader 5 uses an ensemble of AI models including LSTM, GRU, and LightGBM to predict price movements. It executes trades based on signal confidence and predicted price targets. The EA features multiple risk controls such as volatility filters, trend-based MA filters, RSI checks, and a
This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
This repository contains an extensive collection of over 200 Expert Advisors developed for the MetaTrader 4 and MetaTrader 5 platforms. The files range from individual strategy implementations like CCI multi-pair and cycle-based trading to comprehensive testing frameworks. The primary featured Expert Advisor includes a
This repository contains a collection of MetaTrader 4 and 5 expert advisors primarily focused on grid and martingale trading strategies. The included robots utilize multiplier-based lot scaling, geometric progression, and fixed-distance grid layering to manage positions. The suite features specialized dashboards for mo
This collection of MetaTrader 4 expert advisors provides several distinct trading strategies including candlestick pattern recognition, moving average trends, and currency strength analysis. The repository contains a dedicated martingale algorithm alongside robots focused on engulfing and morning star patterns. The pri
Chinaliyue MT4 EA Collection is a repository of various expert advisors and trading utilities for MetaTrader 4. The collection features several manual trading panels that allow users to execute orders with predefined stop loss and take profit levels. It includes management functions such as trailing stops and break-eve
This repository is a collection of MetaTrader 4 expert advisors and indicators focused on aggressive trading strategies. The primary expert advisor uses a grid-based approach with martingale lot scaling to manage positions. It features multiple entry logics, including Bollinger Bands, Exponential Moving Averages, and m
This MetaTrader 5 expert advisor utilizes a combination of Bollinger Bands, Relative Strength Index, and Average Directional Index to identify entries. It supports multi-timeframe analysis for trend confirmation and provides optional filters for Average True Range and price action patterns such as hammers. Risk managem
This repository provides automated trading experts for the MetaTrader 5 platform, featuring a combined grid and martingale strategy along with an Ichimoku-based approach. The primary expert advisor executes trades based on price movement relative to a fixed grid distance. It incorporates a lot multiplication system tha
This expert advisor facilitates trade replication between MetaTrader 4 and MetaTrader 5 platforms using TCP communication. It functions as either a sender or a receiver, allowing cross-platform signal transfer. The tool includes a lot size multiplier to scale positions on the receiving side and requires IP and port con
A diverse collection of MetaTrader 4 and MetaTrader 5 resources developed by Yousuf Mesalm. The repository features various utilities including interactive trading panels, multi-strategy dashboards, and automated expert advisors. These tools provide manual trade management options like partial closing and automated exe
This repository is a diverse collection of MetaTrader 4 and 5 expert advisors, including signal-based robots, grid traders, and utility scripts. The featured expert advisor provides a versatile framework for trade management with options for trailing stops, break-even logic, and ECN broker compatibility. It includes co
This collection provides several automated trading scripts for MetaTrader 4, with a primary focus on the Trade0h expert advisor. The robot monitors daily opening prices to execute trades at the start of the trading day. It incorporates a martingale lot scaling system that multiplies position sizes based on previous tra
This MetaTrader 4 expert advisor is a management utility designed to handle orders opened by other martingale robots. It monitors trade sequences and applies hedging to the initial low-lot positions to mitigate drawdown. The tool provides automated risk controls including fixed take profit, stop loss, trailing stops, a
This MetaTrader 5 expert advisor acts as a connectivity bridge between the MetaTrader platform and various cryptocurrency exchanges such as Binance, Bybit, and Bitmex. It allows traders to execute automated strategies on external crypto markets directly from the terminal. The included Ping Pong module functions as a ma
Belinda Sizing is an automated trading robot for MetaTrader 4 that utilizes a dual moving average crossover strategy combined with a volatility filter. It enters trades when a short-period simple moving average crosses a long-period moving average, provided that current volatility measured via the Average True Range is
This repository provides a diverse collection of MetaTrader 4 and MetaTrader 5 expert advisors covering multiple trading methodologies. It includes robots for smart money concepts with fair value gap detection, Joe Ross hook patterns, and volatility-based scalping. The library features specific tools for XAUUSD and mul
This MetaTrader 5 repository provides a suite of algorithmic trading tools known as the Zerith series. The featured SwingGrid EA utilizes ADX trend filters and ATR-based volatility thresholds to execute trades, employing a recovery grid system with dynamic lot multipliers. Other tools in the set cover news straddle bre
KolaTradebot is a MetaTrader 5 expert advisor that executes a multi-asset strategy using Smart Money Concepts and a Global Order Model. It bridges the platform with a Python-based server to analyze market structures like order blocks, fair value gaps, and liquidity sweeps across multiple timeframes. The system includes
This repository provides a collection of MetaTrader 4 expert advisors and indicators designed for automated trading and technical analysis. The EAs implement various strategies such as trend-following, candle pattern recognition, and tick movement analysis. Risk management features across the files include standard sto
This repository is a comprehensive backup of trading resources from the defunct fxcodebase community, containing a diverse collection of expert advisors for MetaTrader 4 and 5. The archive serves as a repository for legacy source code, featuring strategies ranging from RSI crossovers to advanced hedging and martingale
IchiDCA CCBSN PropFirm EA is an automated trend-following robot for MetaTrader 5, optimized for gold and forex markets. It triggers trades based on Ichimoku Cloud breaks, filtered by dual Exponential Moving Averages and MACD indicators. The strategy manages positions through a Dollar Cost Averaging system that layers u
AutoTrade EA is a scalping robot for MetaTrader 4 and 5 that utilizes a multi-indicator signal scoring system based on Exponential Moving Average crossovers and RSI levels. It employs an aggressive trade management strategy featuring a dynamic grid and a stepped martingale lot scaling system where position sizes increa
Bot Trend is a trend-following expert advisor for MetaTrader 5. It utilizes proprietary Francisca entry logic and manages trades through multiple concurrent execution threads. The system incorporates custom Zero Gravity step logic for position management and includes specific operational modes for Fridays and holidays.
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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