This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,
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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.
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Trading robot 81Trade manager 1Risk & protectionNews tradingCopier & bridge 1Framework & template 2Collection 79Utility
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This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr
This collection for MetaTrader 5 provides several automated Expert Advisors designed for various symbols including forex, gold, and indices. The repository features Mecha Godzilla, a grid trading system using ATR-based spacing and bidirectional orders, alongside specialized bots for Asian session breakouts and H4 trend
This MetaTrader 5 expert advisor is designed for trading XAUUSD using a trend-following approach. It identifies entries through a triple Exponential Moving Average crossover system, requiring ADX momentum confirmation before opening positions. To manage losing trades, the EA employs a martingale strategy that layers or
Fibonacci ICT EA for MetaTrader 5 combines institutional price action concepts with Fibonacci retracement levels. It identifies higher timeframe trends and enters on pullbacks to specific golden zones using confirmations like Break of Structure and Fair Value Gaps. The system includes robust risk management such as per
This MetaTrader 5 expert advisor implements a basket-trading strategy specifically for XAUUSD. It opens an initial position based on the current short-term trend and enters additional trades at fixed intervals if the market moves against the basket. The robot utilizes a progressive lot-sizing model to manage the grid.
This MetaTrader 5 expert advisor functions as a grid-based recovery system that can operate independently or manage trades from external EAs via magic number filtering. It initiates entries using Bollinger Bands and RSI indicators, then manages drawdown through a recovery grid matrix. The system employs dynamic ATR-bas
This MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator for trend identification, specifically targeting gold on the 15-minute timeframe. It employs a grid-based trading strategy that layers orders at fixed point distances when the market moves against the initial entry. To manage these positions, th
CBMQL is a development framework and build tool for MetaTrader 5 designed to modularize Expert Advisor code. Inspired by modern web development bundlers, it allows developers to break complex trading systems into reusable modules and bundle them into a single portable file. The system includes a Node.js-based environme
This MetaTrader 5 expert advisor implements Smart Money Concepts (SMC) by identifying liquidity sweeps and premium or discount zones. It detects buy-side and sell-side liquidity levels, looking for price sweeps followed by retest entries. The robot manages trades using a fixed risk-to-reward ratio, trailing stops, and
This MetaTrader 5 expert advisor provides a versatile trading framework featuring nine selectable entry signals, including Ichimoku, RSI, Bollinger Bands, and EMA crossovers. It employs a Dollar Cost Averaging strategy with configurable lot multipliers and distance scaling to manage positions. A notable feature is the
Advanced Grid Trading is a MetaTrader 5 expert advisor that manages a complex grid strategy across four configurable layers. It places stop and limit orders at fixed intervals, employing either fixed or geometric lot scaling for increased grid depth. Trade management includes a shared profit pool used to close losing p
Mr X Grid Hedge is a MetaTrader 5 expert advisor specifically designed for XAUUSD trading. It utilizes a grid strategy with entry signals confirmed by a combination of EMA crossovers, RSI bounds, and ATR volatility filters. The system manages risk through automated hedging triggered by drawdown or specific grid depth.
This repository contains a collection of MetaTrader expert advisors for MT4 and MT5, featuring various algorithmic trading strategies. The primary EA, North East Way, implements a multi-currency grid and martingale system focused on mean reversion for correlated pairs such as AUDNZD and NZDCAD. It manages risk through
This MetaTrader 4 expert advisor implements an averaging strategy that manages trades by opening additional layers at predefined intervals when the market moves against the initial position. It features modes for both averaging up and down, with the ability to alternate between buy and sell orders. The EA includes risk
This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili
The GBPUSD AI Grid EA is an automated trading robot for MetaTrader 4. It executes a grid-based strategy that layers orders during market movements. Initial entries are filtered using the Commodity Channel Index indicator. The bot manages positions through a martingale lot multiplier, increasing volume for subsequent gr
This MetaTrader 4 repository contains a collection of expert advisors and utilities, primarily focused on the AM grid robot and various scalping scripts. The main EA employs a grid-based strategy that layers orders at specific distances and includes settings for trend and counter-trend protection. It features a mechani
This repository contains a collection of MetaTrader 5 expert advisors developed for educational purposes. The primary strategies revolve around Commodity Channel Index crossovers and Average True Range indicators for dynamic stop loss and take profit placement. The codebase includes various experimental models, such as
This MetaTrader 5 expert advisor implements a multi-layered grid strategy that manages up to three independent grids simultaneously on a single instrument. It uses the Relative Strength Index (RSI) across different timeframes to determine the initial trade direction for each grid. The EA employs martingale lot scaling,
This repository is a collection of various MetaTrader 5 expert advisors generated through the Mission Automate tool. It contains over 100 separate files covering a wide array of technical strategies, including range breakouts, trend-following systems, and indicator crossovers using Ichimoku, CCI, and Heiken Ashi. Sever
STO Martin is a grid-based trading robot for MetaTrader 5 that uses technical indicators to manage entries and recoveries. It employs a Stochastic Oscillator for execution signals and a Moving Average to filter trades according to the prevailing trend. The EA features a martingale lot-scaling system that adds positions
This repository contains a collection of MetaTrader 4 expert advisors and technical indicators focused on automated trading logic. The included robots primarily utilize martingale and grid-based strategies, featuring lot scaling and distance-based order layering. Entry signals are generated through indicators like Boll
Forex Setka Trader is an automated grid trading robot designed for the MetaTrader 4 platform. It operates primarily on the M1 timeframe, opening a series of trades at fixed intervals defined by a step parameter. The expert advisor employs martingale-style lot scaling through a multiplier factor to manage basket positio
This repository contains a collection of MetaTrader 4 expert advisors, with a primary focus on the XMT-Scalper system. The software implements a tick-scalping strategy that identifies reversals from channel breakouts using indicators such as Bollinger Bands and Moving Averages. It includes risk management features incl
This repository contains the Forex Algos Collection, a suite of over forty MetaTrader 4 expert advisors centered around the Aeron Forex Auto Trader robot. This primary EA implements a grid-based entry system combined with martingale lot scaling, where position sizes increase significantly via a multiplier factor after
This MetaTrader 4 expert advisor automates trading using a Moving Average crossover strategy, specifically configured for the GBPUSD pair on fifteen-minute charts. It enters positions based on dual indicator signals and manages them through a combination of money-based take profit targets and lot size scaling. The syst
Price Less EA is an automated trading robot for the MetaTrader 4 platform that implements a grid-based recovery strategy. It combines moving average crossovers for entry timing with a multi-level position layering system. The robot initiates trades and scales lot sizes using step-based increments at fixed distances. It
This collection for MetaTrader 4 and 5 features the Guangying multi-symbol expert advisor alongside various utility tools and martingale-based robots. The primary system monitors multiple forex pairs and gold from a single chart using Fibonacci-derived logic for trade entries. It includes risk controls such as equity d
Lars Advisor is a MetaTrader 4 grid-based robot that enters trades using a fixed distance interval and manages them through a trailing stop mechanism. It features lot scaling where each grid step increases the trade volume by a specific delta, functioning as a lot-addition martingale. The EA operates on a timer-based u
Angry Bird is a MetaTrader 4 expert advisor based on the Ilan 1.6 architecture, utilizing a mean-reversion strategy combined with aggressive risk management. The EA enters trades based on Relative Strength Index (RSI) levels to identify overextended price movements. It employs an exponential martingale lot scaling syst
RiskGuard Pro is a multi-strategy expert advisor for MetaTrader 5 that combines automated trade execution with comprehensive risk management. It features a voting engine that aggregates signals from indicators like RSI, MACD, and Bollinger Bands. The EA supports various lot-sizing methods, including fixed lots and perc
This MetaTrader 5 repository contains a large collection of expert advisors developed using the fxDreema visual builder. The primary strategy utilizes a triple moving average system with 200, 25, and 5 periods to detect trends, combined with ATR-based volatility filters for trade exits. It features grid-based order lay
Mveuuh Gold is an automated MetaTrader 4 expert advisor designed specifically for trading XAUUSD. It utilizes a multi-layered trend filtering system based on three Exponential Moving Averages and the Average Directional Index to determine entry direction. The EA employs a grid-based pyramid strategy, opening additional
This MetaTrader 5 expert advisor is a research-oriented reinforcement learning system implemented natively in MQL5. It utilizes a Deep Q-Network to make trading decisions based on market states derived from technical indicators, volatility, and supply-demand zones. The system manages trades using a grid-based basket ap
This collection of MetaTrader 5 expert advisors focuses on grid and basket trading strategies. The core system establishes a reference price based on a specific hourly candle to initiate buy and sell grids. It manages risk using volume-weighted basket targets for take profit and stop loss. The EA employs aggressive lot
This Expert Advisor for MetaTrader 5 focuses on gold trading through a combination of mean-reversion signals and a grid management system. It uses multi-timeframe filters, including exponential moving averages and ADX on the H1 timeframe, to identify trend direction while executing entries on M15 based on RSI and Bolli
Prem Gold Advisor is an automated MetaTrader 5 expert advisor specialized for XAUUSD (Gold) trading on the five-minute timeframe. It initiates trades using breakout levels placed at specific distances from the candle open. The strategy features a progressive scale-in mechanism, adding new orders as the price hits succe
This repository features a collection of MetaTrader 5 Expert Advisors developed for strategy and risk-management research. It includes a multi-pair mean reversion grid system, a gold breakout robot using previous day levels, and trend-following strategies based on moving averages. The EAs incorporate extensive risk con
This MetaTrader 5 expert advisor implements a dual-direction hedging grid strategy primarily designed for XAUUSD. It simultaneously maintains buy and sell baskets, opening new positions at fixed or ATR-calculated intervals when the market moves against existing trades. The EA employs a soft martingale lot multiplier to
Straddle Grid is an automated trading robot for MetaTrader 5 that deploys bidirectional stop-order grids based on fixed price distances. The expert advisor utilizes a gates system to filter entries by ATR volatility, spread limits, and specific GMT trading sessions. It manages positions as a basket with currency-based
RvFx is an automated trading system for MetaTrader 5 that utilizes grid and hedging techniques. It manages trades through a cycle-based logic, adding positions at fixed point intervals. The EA includes sophisticated lot sizing options, such as linear steps, multipliers, and a predefined sequence, which results in marti
This repository contains two expert advisors for MetaTrader 5: a reconstruction of a popular grid system and a price-action tool for gold. The primary EA utilizes RSI and price extremes for entry signals, managing trades through a grid with tiered lot multipliers. It features smart distance calculations using ATR ratio
17BA Gold Scalper is an automated trading system for MetaTrader 5 that employs a pending one-cancels-other breakout strategy. It places buy and sell stop orders around the market price; once one triggers, the opposite is cancelled. To manage adverse movements, the EA initiates a Fibonacci recovery basket, adding layers
Zyb EA Collection offers various MetaTrader 4 and 5 expert advisors that implement breakout, scalping, and grid-based trading. The primary strategy uses martingale lot scaling with a multiplier, allowing users to configure tiered step distances and position counts. It features price-level restrictions to prevent buying
This MetaTrader 5 expert advisor implements a grid-based trading strategy combined with an EMA trend filter. It enters positions based on price relation to a 50-period Exponential Moving Average. If a trend reverses while a basket is active, the EA initiates a dual-mode recovery by opening a new basket in the opposing
This MetaTrader 5 collection features the Prime Quantum AI expert advisor alongside a Python-based FastAPI dashboard for strategy management. The primary robot utilizes a hybrid logic, combining traditional indicators like ADX and the Bill Williams Alligator with external artificial intelligence models for market analy
This repository provides a collection of MetaTrader 4 expert advisors, including Evoque Global, Alpha Winner, and FXBULL. These robots primarily implement grid strategies with martingale lot scaling to manage positions. Evoque Global specifically includes a news filter, customizable trading hours, and an equity-based s
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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